EX-4.1 2 d399010_ex4-1.htm POOLING AND SERVICING AGREEMENT

 

 

FINANCIAL ASSET SECURITIES CORP.,

Depositor

 

CENTEX HOME EQUITY COMPANY, LLC

HOMEQ SERVICING CORPORATION

Servicers

 

and

 

JPMORGAN CHASE BANK, N.A.

Trustee

 

POOLING AND SERVICING AGREEMENT

 

Dated as of November 1, 2005

 

___________________________

 

Soundview Home Loan Trust 2005-CTX1

 

Asset-Backed Certificates, Series 2005-CTX1

 

 

 



 

Table of Contents

 

ARTICLE I DEFINITIONS

 

 

SECTION 1.01

Defined Terms.

 

 

SECTION 1.02

Accounting.

 

 

SECTION 1.03

Allocation of Certain Interest Shortfalls.

 

ARTICLE II CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES

 

 

SECTION 2.01

Conveyance of Mortgage Loans.

 

 

SECTION 2.02

Acceptance by Trustee.

 

 

SECTION 2.03

Repurchase or Substitution of Mortgage Loans by an Originator or the Seller.

 

SECTION 2.04

Intentionally Omitted.

 

 

SECTION 2.05

Representations, Warranties and Covenants of the Servicer.

 

 

SECTION 2.06

Representations and Warranties of the Depositor.

 

 

SECTION 2.07

Issuance of Certificates.

 

 

SECTION 2.08

[Reserved].

 

SECTION 2.09         Conveyance of REMIC Regular Interests and Acceptance of REMIC 1, REMIC 2, REMIC                                      3 and REMIC 4 by the Trustee; Issuance of Certificates.

 

ARTICLE III ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS

 

 

SECTION 3.01

Servicer to Act as Servicer.

 

 

SECTION 3.02

Sub-Servicing Agreements Between Servicer and Sub-Servicers.

 

 

SECTION 3.03

Successor Sub-Servicers.

 

 

SECTION 3.04

Liability of the Servicer.

 

 

SECTION 3.05

No Contractual Relationship Between Sub-Servicers and the Trustee or Certificateholders.

 

SECTION 3.06

Assumption or Termination of Sub-Servicing Agreements by Trustee.

 

 

SECTION 3.07

Collection of Certain Mortgage Loan Payments.

 

 

SECTION 3.08

Sub-Servicing Accounts.

 

 

SECTION 3.09

Collection of Taxes, Assessments and Similar Items; Escrow Accounts.

 

 

SECTION 3.10

Collection Account and Distribution Account.

 

 

SECTION 3.11

Withdrawals from the Collection Account and Distribution Account.

 

 

SECTION 3.12

Investment of Funds in the Collection Account and the Distribution Account.

 

 

SECTION 3.13

[Reserved].

 

 

SECTION 3.14

Maintenance of Hazard Insurance and Errors and Omissions and Fidelity Coverage.

 

 

SECTION 3.15

Enforcement of Due-On-Sale Clauses; Assumption Agreements.

 

 

SECTION 3.16

Realization Upon Defaulted Mortgage Loans.

 

 

SECTION 3.17

Trustee to Cooperate; Release of Mortgage Files.

 

 

SECTION 3.18

Servicing Compensation.

 

 

SECTION 3.19

Reports to the Trustee; Collection Account Statements.

 

 

SECTION 3.20

Statement as to Compliance.

 

 

SECTION 3.21

Independent Public Accountants’ Servicing Report.

 

 

SECTION 3.22

Access to Certain Documentation; Filing of Reports by Trustee.

 

 

SECTION 3.23

Title, Management and Disposition of REO Property.

 

 

SECTION 3.24

Obligations of the Servicer in Respect of Prepayment Interest Shortfalls.

 

 

SECTION 3.25

[Reserved].

 

 

SECTION 3.26

Obligations of the Servicer in Respect of Mortgage Rates and Monthly Payments.

 

 

SECTION 3.27

[Reserved].

 

 

 



 

 

SECTION 3.28

[Reserved].

 

 

SECTION 3.29

Advance Facility.

 

ARTICLE IV FLOW OF FUNDS

 

 

SECTION 4.01

Distributions.

 

 

SECTION 4.02

[Reserved].

 

 

SECTION 4.03

Statements.

 

 

SECTION 4.04

Remittance Reports; Advances.

 

 

SECTION 4.05

[Reserved].

 

 

SECTION 4.06

Net WAC Rate Carryover Reserve Account.

 

 

SECTION 4.07

Distributions on the REMIC 1 Regular Interests.

 

SECTION 4.08

Allocation of Realized Losses.

 

 

ARTICLE V THE CERTIFICATES

 

SECTION 5.01

The Certificates.

 

 

SECTION 5.02

Registration of Transfer and Exchange of Certificates.

 

SECTION 5.03

Mutilated, Destroyed, Lost or Stolen Certificates.

 

 

SECTION 5.04

Persons Deemed Owners.

 

 

SECTION 5.05

Appointment of Paying Agent.

 

 

ARTICLE VI THE SERVICER AND THE DEPOSITOR

 

 

SECTION 6.01

Liability of the Servicer and the Depositor.

 

 

SECTION 6.02

Merger or Consolidation of, or Assumption of the Obligations of, the Servicer or the Depositor.

 

SECTION 6.03

Limitation on Liability of the Servicer and Others.

 

 

SECTION 6.04

Servicer Not to Resign.

 

 

SECTION 6.05

Delegation of Duties.

 

 

SECTION 6.06

[Reserved].

 

 

SECTION 6.07

Inspection.

 

 

ARTICLE VII DEFAULT

 

 

SECTION 7.01

Servicer Events of Termination.

 

 

SECTION 7.02

Trustee to Act; Appointment of Successor.

 

SECTION 7.03

Waiver of Defaults.

 

 

SECTION 7.04

Notification to Certificateholders.

 

 

SECTION 7.05

Survivability of Servicer Liabilities.

 

 

ARTICLE VIII THE TRUSTEE

 

 

SECTION 8.01

Duties of Trustee.

 

 

SECTION 8.02

Certain Matters Affecting the Trustee.

 

 

SECTION 8.03

Trustee Not Liable for Certificates or Mortgage Loans.

 

SECTION 8.04

Trustee May Own Certificates.

 

 

SECTION 8.05

Trustee Fee and Expenses.

 

 

SECTION 8.06

Eligibility Requirements for Trustee.

 

 

SECTION 8.07

Resignation or Removal of Trustee.

 

 

SECTION 8.08

Successor Trustee.

 

 

SECTION 8.09

Merger or Consolidation of Trustee.

 

 

SECTION 8.10

Appointment of Co-Trustee or Separate Trustee.

 

 

 



 

 

SECTION 8.11

Trustee May Enforce Claims Without Possession of Certificates.

 

SECTION 8.12

Suits for Enforcement.

 

 

SECTION 8.13

Waiver of Bond Requirement.

 

 

SECTION 8.14

Waiver of Inventory, Accounting and Appraisal Requirement.

 

 

ARTICLE IX REMIC ADMINISTRATION

 

 

SECTION 9.01

REMIC Administration.

 

 

SECTION 9.02

Prohibited Transactions and Activities.

 

 

SECTION 9.03

Indemnification with Respect to Certain Taxes and Loss of REMIC Status.

 

ARTICLE X TERMINATION

 

 

SECTION 10.01

Termination.

 

 

SECTION 10.02

Additional Termination Requirements.

 

ARTICLE XI MISCELLANEOUS PROVISIONS

 

 

SECTION 11.01

Amendment.

 

 

SECTION 11.02

Recordation of Agreement; Counterparts.

 

 

SECTION 11.03

Limitation on Rights of Certificateholders.

 

SECTION 11.04

Governing Law; Jurisdiction.

 

 

SECTION 11.05

Notices.

 

 

SECTION 11.06

Severability of Provisions.

 

 

SECTION 11.07

Article and Section References.

 

 

SECTION 11.08

Notice to the Rating Agencies.

 

 

SECTION 11.09

Further Assurances.

 

 

SECTION 11.10

Benefits of Agreement.

 

 

SECTION 11.11

Acts of Certificateholders.

 

 

 



 

Exhibits:

Exhibit A-1

Form of Class A-1 Certificates

 

Exhibit A-2

Form of Class A-2 Certificates

 

Exhibit A-3

Form of Class A-3 Certificates

 

Exhibit A-4

Form of Class A-4 Certificates

 

Exhibit A-5

Form of Class A-5 Certificates

 

Exhibit A-6

Form of Class A-6 Certificates

 

Exhibit A-7

Form of Class M-1 Certificates

Exhibit A-8

Form of Class M-2 Certificates

Exhibit A-9

Form of Class M-3 Certificates

Exhibit A-10

Form of Class M-4 Certificates

Exhibit A-11

Form of Class M-5 Certificates

Exhibit A-12

Form of Class M-6 Certificates

Exhibit A-13

Form of Class M-7 Certificates

Exhibit A-14

Form of Class M-8 Certificates

Exhibit A-15

Form of Class M-9 Certificates

Exhibit A-16

Form of Class M-10 Certificates

Exhibit A-17

Form of Class B-1 Certificates

Exhibit A-18

Form of Class B-2 Certificates

Exhibit A-19

Form of Class C Certificates

Exhibit A-20

Form of Class P Certificates

 

Exhibit A-21

Form of Class R Certificates

 

Exhibit A-22

Form of Class R-X Certificates

 

Exhibit B

[Reserved]

 

Exhibit C

Form of Assignment Agreement

 

Exhibit D

Mortgage Loan Schedule

 

Exhibit E

Request for Release

 

Exhibit F-1

Form of Trustee’s Initial Certification

Exhibit F-2

Form of Trustee’s Final Certification

 

Exhibit F-3

Form of Trustee’s Receipt of Mortgage Notes

Exhibit G

Form of Compliance Certificate

 

Exhibit H

Form of Lost Note Affidavit

 

Exhibit I

Form of Power of Attorney

 

Exhibit J

Form of Investment Letter

 

Exhibit K

Form of Transfer Affidavit for Residual Certificates

Exhibit L

Form of Transferor Certificate

 

Exhibit M

Form of ERISA Representation Letter

 

Exhibit N-1

Form of Certification to Be Provided by the Depositor with Form 10-K

Exhibit N-2

Form of Certification to Be Provided to Depositor by the Trustee

Exhibit N-3

Form of Certification to Be Provided to Depositor by the Servicer

Exhibit O

Form of Cap Contract

Schedule I

Prepayment Charge Schedule

 

 

 

 

 



 

 

This Pooling and Servicing Agreement is dated as of November 1, 2005 (the “Agreement”), among FINANCIAL ASSET SECURITIES CORP., as depositor (the “Depositor”), CENTEX HOME EQUITY COMPANY, LLC and HOMEQ SERVICING CORPORATION, as servicers (the “Servicers”) and JPMORGAN CHASE BANK, N.A. as trustee (the “Trustee”).

PRELIMINARY STATEMENT:

The Depositor intends to sell pass-through certificates (collectively, the “Certificates”), to be issued hereunder in multiple classes, which in the aggregate will evidence the entire beneficial ownership interest in the Trust Fund created hereunder. The Certificates will consist of twenty-two classes of certificates, designated as (i) the Class A-1 Certificates, (ii) the Class A-2 Certificates, (iii) the Class A-3 Certificates, (iv) the Class A-4 Certificates, (v) the Class A-5 Certificates, (vi) the Class A-6 Certificates, (vii) the Class M-1 Certificates, (viii) the Class M-2 Certificates, (ix) the Class M-3 Certificates, (x) the Class M-4 Certificates, (xi) the Class M-5 Certificates, (xii) the Class M-6 Certificates, (xiii) the Class M-7 Certificates, (xiv) the Class M-8 Certificates, (xv) the Class M-9 Certificates, (xvi) the Class M-10 Certificates, (xvii) the Class B-1 Certificates, (xviii) the Class B-2 Certificates, (xix) the Class C Certificates, (xx) the Class P Certificates, (xxi) the Class R Certificates and (xxii) the Class R-X Certificates.

 



 

REMIC 1

As provided herein, the Trustee will make an election to treat the segregated pool of assets consisting of the Mortgage Loans, and certain other related assets subject to this Agreement (exclusive of the Net WAC Rate Carryover Reserve Account, any Servicer Prepayment Charge Payment Amounts and the Cap Contract) as a real estate mortgage investment conduit (a “REMIC”) for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 1.” The Class R-1 Interest will represent the sole class of “residual interests” in REMIC 1 for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Uncertificated REMIC 1 Pass-Through Rate, the initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC 1 Regular Interests. None of the REMIC 1 Regular Interests will be certificated.

Designation

Uncertificated REMIC 2 Pass-Through Rate

Initial Uncertificated Principal Balance

Assumed Final Maturity Date(1)

LTAA

Variable(2)

$558,500,335.14

November 25, 2035

LTA1

Variable(2)

$    2,518,320.00

November 25, 2035

LTA2

Variable(2)

$    1,148,540.00

November 25, 2035

LTA3

Variable(2)

$       145,210.00

November 25, 2035

LTA4

Variable(2)

$       135,940.00

November 25, 2035

LTA5

Variable(2)

$       305,770.00

November 25, 2035

LTA6

Variable(2)

$       170,000.00

November 25, 2035

LTM1

Variable(2)

$       267,940.00

November 25, 2035

LTM2

Variable(2)

$       179,570.00

November 25, 2035

LTM3

Variable(2)

$       125,420.00

November 25, 2035

LTM4

Variable(2)

$         91,210.00

November 25, 2035

LTM5

Variable(2)

$         94,060.00

November 25, 2035

LTM6

Variable(2)

$         79,810.00

November 25, 2035

LTM7

Variable(2)

$         91,210.00

November 25, 2035

LTM8

Variable(2)

$         71,260.00

November 25, 2035

LTM9

Variable(2)

$         62,710.00

November 25, 2035

LTM10

Variable(2)

$         48,460.00

November 25, 2035

LTB1

Variable(2)

$         57,010.00

November 25, 2035

LTB2

Variable(2)

$         31,350.00

November 25, 2035

LTZZ

Variable(2)

$    5,774,176.02

November 25, 2035

LTP

Variable(2)

$              100.00

November 25, 2035

________________

 

 

(1)

Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month immediately following the maturity date for the Mortgage Loan with the latest possible maturity date has been designated as the “latest possible maturity date” for each REMIC 1 Regular Interest.

   

(2)

Calculated in accordance with the definition of “Uncertificated REMIC 1 Pass-Through Rate” herein.

 

 

 



 

REMIC 2

As provided herein, the Trustee shall make an election to treat the segregated pool of assets consisting of the REMIC 1 Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 2.” The Class R-2 Interest represents the sole class of “residual interests” in REMIC 2 for purposes of the REMIC Provisions.

The following table sets forth (or describes) the Class designation, Pass-Through Rate, the Original Class Certificate Principal Balance and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each Class of Certificates that represents one or more of the “regular interests” in REMIC 2 created hereunder:

Class Designation

Original Class Certificate Principal Balance

Pass-Through Rate

Assumed Final Maturity Date(1)

Class A-1

$251,832,000.00

4.720% per annum(2)

November 25, 2035

Class A-2

$114,854,000.00

5.195% per annum(2)

November 25, 2035

Class A-3

$   14,521,000.00

5.322% per annum(2)

November 25, 2035

Class A-4

$   13,594,000.00

5.572% per annum(2)

November 25, 2035

Class A-5

$   30,577,000.00

5.943% per annum(2)

November 25, 2035

Class A-6

$   17,000,000.00

5.592% per annum(2)

November 25, 2035

Class M-1

$   26,794,000.00

Variable(3)

November 25, 2035

Class M-2

$   17,957,000.00

Variable(3)

November 25, 2035

Class M-3

$   12,542,000.00

Variable(3)

November 25, 2035

Class M-4

$    9,121,000.00

Variable(3)

November 25, 2035

Class M-5

$    9,406,000.00

Variable(3)

November 25, 2035

Class M-6

$    7,981,000.00

Variable(3)

November 25, 2035

Class M-7

$    9,121,000.00

Variable(3)

November 25, 2035

Class M-8

$    7,126,000.00

Variable(3)

November 25, 2035

Class M-9

$    6,271,000.00

Variable(3)

November 25, 2035

Class M-10

$    4,846,000.00

Variable(3)

November 25, 2035

Class B-1

$    5,701,000.00

Variable(3)

November 25, 2035

Class B-2

$    3,135,000.00

Variable(3)

November 25, 2035

Class C Interest

$    7,519,301.16 (4)

Variable(3)

November 25, 2035

Class P Interest

$             100.00

N/A(5)

November 25, 2035

________________

 

(1)

Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month immediately following the maturity date for the Mortgage Loan with the latest maturity date has been designated as the “latest possible maturity date” for each Class of Certificates that represents one or more of the “regular interests” in REMIC 2.

   

(2)

Subject to increase and limitation as set forth in the definition of “Pass-Through Rate” herein

   

(3)

Calculated in accordance with the definition of “Pass-Through Rate” herein.

   

(4)

The Class C Interest will accrue interest at their variable Pass-Through Rate on the Notional Amount of the Class C Interest outstanding from time to time which shall equal the aggregate of the Uncertificated Principal Balances of the REMIC 1 Regular Interests (other than REMIC 1 Regular Interest LTP). The Class C Interest will not accrue interest on its Certificate Principal Balance.

   

(5)

The Class P Interest will not accrue interest.

 

 



 

REMIC 3

As provided herein, the Trustee shall make an election to treat the segregated pool of assets consisting of the Class C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 3.” The Class R-3 Interest represents the sole class of “residual interests” in REMIC 3 for purposes of the REMIC Provisions.

The following table sets forth (or describes) the Class designation, Pass-Through Rate and Original Class Certificate Principal Balance for the indicated Class of Certificates that represents a “regular interest” in REMIC 3 created hereunder:

Class Designation

Original Class Certificate Principal Balance

Pass-Through Rate

Assumed Final
Maturity Date(1)

Class C Certificates

Variable(2)

$7,519,301.16

November 25, 2035

________________

 

(1)

Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date immediately following the maturity date for the Mortgage Loans with the latest maturity date has been designated as the “latest possible maturity date” for the Class C Certificates.

   

(2)

The Class C Certificates will receive 100% of amounts received in respect of the Class C Interest.

 

 



 

REMIC 4

As provided herein, the Trustee shall make an election to treat the segregated pool of assets consisting of the Class P Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC 4.” The Class R-4 Interest represents the sole class of “residual interests” in REMIC 4 for purposes of the REMIC Provisions.

The following table sets forth (or describes) the Class designation, Pass-Through Rate and Original Class Certificate Principal Balance for the indicated Class of Certificates that represents a “regular interest” in REMIC 4 created hereunder:

 

Class Designation

Original Class Certificate Principal Balance

Pass-Through Rate

Assumed Final
Maturity Date(1)

Class P Certificates

Variable(2)

$100.00

November 25, 2035

________________

 

(1)

Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date immediately following the maturity date for the Mortgage Loans with the latest maturity date has been designated as the “latest possible maturity date” for the Class P Certificates.

   

(2)

The Class P Certificates will receive 100% of amounts received in respect of the Class P Interest.

 

 



 

ARTICLE I

 

DEFINITIONS

 

SECTION 1.01

Defined Terms.

Whenever used in this Agreement or in the Preliminary Statement, the following words and phrases, unless the context otherwise requires, shall have the meanings specified in this Article. Unless otherwise specified, all calculations in respect of interest on the Floating Rate Certificates shall be made on the basis of the actual number of days elapsed and a 360-day year and all other calculations of interest described herein shall be made on the basis of a 360-day year consisting of twelve 30-day months. The Class P Certificates and the Residual Certificates are not entitled to distributions in respect of interest and, accordingly, will not accrue interest.

“1933 Act”: The Securities Act of 1933, as amended.

“Account”: Either of the Collection Account and Distribution Account.

“Accrual Period”: With respect to the Fixed Rate Certificates and the Class C Certificates and each Distribution Date, the calendar month prior to the month of such Distribution Date. With respect to the Floating Rate Certificates and each Distribution Date, the period commencing on the preceding Distribution Date (or in the case of the first such Accrual Period, commencing on the Closing Date) and ending on the day preceding such Distribution Date.

“Adjustable-Rate Mortgage Loan”: A first lien Mortgage Loan which provides at any period during the life of such loan for the adjustment of the Mortgage Rate payable in respect thereto. The Adjustable Rate Mortgage Loans are identified as such on the Mortgage Loan Schedule.

“Adjusted Net Maximum Mortgage Rate”: With respect to any Mortgage Loan (or the related REO Property), as of any date of determination, a per annum rate of interest equal to the applicable Maximum Mortgage Rate for such Mortgage Loan (or the Mortgage Rate in the case of any Fixed-Rate Mortgage Loan) as of the first day of the month preceding the month in which the related Distribution Date occurs minus the sum of (i) the Trustee Fee Rate, (ii) the Servicing Fee Rate and (iii) the Credit Risk Manager Fee Rate.

“Adjusted Net Mortgage Rate”: With respect to any Mortgage Loan (or the related REO Property), as of any date of determination, a per annum rate of interest equal to the applicable Mortgage Rate for such Mortgage Loan as of the first day of the month preceding the month in which the related Distribution Date occurs minus the sum of (i) the Trustee Fee Rate, (ii) the Servicing Fee Rate and (iii) the Credit Risk Manager Fee Rate.

“Adjustment Date”: With respect to each Adjustable-Rate Mortgage Loan, each adjustment date, on which the Mortgage Rate of such Mortgage Loan changes pursuant to the

 



related Mortgage Note. The first Adjustment Date following the Cut-off Date as to each Adjustable-Rate Mortgage Loan is set forth in the Mortgage Loan Schedule.

“Advance”: As to any Mortgage Loan or REO Property, any advance made by the related Servicer in respect of any Distribution Date pursuant to Section 4.04.

“Advance Facility”: As defined in Section 3.29 hereof.

“Advance Facility Trustee”: As defined in Section 3.29 hereof.

“Advancing Person”: As defined in Section 3.29 hereof.

“Advance Reimbursement Amounts”: As defined in Section 3.29 hereof.

“Adverse REMIC Event”: As defined in Section 9.01(f) hereof.

“Affiliate”: With respect to any Person, any other Person controlling, controlled by or under common control with such Person. For purposes of this definition, “control” means the power to direct the management and policies of a Person, directly or indirectly, whether through ownership of voting securities, by contract or otherwise and “controlling” and “controlled” shall have meanings correlative to the foregoing.

“Agreement”: This Pooling and Servicing Agreement and all amendments hereof and supplements hereto.

“Allocated Realized Loss Amount”: With respect to any Distribution Date and any Class of Floating Rate Certificates, the sum of (i) any Realized Loss allocated to such Class of Certificates on such Distribution Date and (ii) the amount of any Allocated Realized Loss Amount for such Class of Certificates remaining undistributed from the previous Distribution Date as reduced by an amount equal to the increase in the related Certificate Principal Balance due to the receipt of Subsequent Recoveries.

“Assignment”: An assignment of Mortgage, notice of transfer or equivalent instrument, in recordable form, which is sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect or record the sale of the Mortgage.

“Assignment Agreement”: The Assignment and Recognition Agreement, dated November 29, 2005, among the Seller, the Originator and the Depositor, pursuant to which certain of the Seller’s rights under the Master Agreement were assigned to the Depositor, substantially in the form attached hereto as Exhibit C.

“Assumed Final Maturity Date”: As to each Class of Certificates, the date set forth as such in the Preliminary Statement.

“Available Funds”: With respect to any Distribution Date, an amount equal to the excess of (i) the sum of (a) the aggregate of the related Monthly Payments received on the Mortgage Loans on or prior to the related Determination Date, (b) Net Liquidation Proceeds,

 



Insurance Proceeds, Principal Prepayments, Subsequent Recoveries, proceeds from repurchases of and substitutions for such Mortgage Loans and other unscheduled recoveries of principal and interest in respect of the Mortgage Loans received during the related Prepayment Period, (c) the aggregate of any amounts received in respect of a related REO Property withdrawn from any REO Account and deposited in the Collection Accounts for such Distribution Date, (d) the aggregate of any amounts deposited in the Collection Accounts by the Servicers in respect of related Prepayment Interest Shortfalls for such Distribution Date, (e) the aggregate of any Advances made by the Servicers for such Distribution Date in respect of the Mortgage Loans, (f) the aggregate of any related advances made by the Trustee as successor Servicer in respect of the Mortgage Loans for such Distribution Date pursuant to Section 7.02 and (g) the amount of any Prepayment Charges collected by the Servicers in connection with the full or partial prepayment of any of the Mortgage Loans and any Servicer Prepayment Charge Payment Amount over (ii) the sum of (a) amounts reimbursable or payable to the related Servicer pursuant to Section 3.11(a) or the Trustee pursuant to Section 3.11(b), (b) amounts deposited in the Collection Accounts or the Distribution Account pursuant to clauses (a) through (g) above, as the case may be, in error, (c) the amount of any Prepayment Charges collected by the Servicers in connection with the full or partial prepayment of any of the Mortgage Loans and any Servicer Prepayment Charge Payment Amount, (d) the Trustee Fee payable from the Distribution Account pursuant to Section 8.05 and (e) any indemnification payments or expense reimbursements made by the Trust Fund pursuant to Section 6.03 or Section 8.05.

“Bankruptcy Code”: The Bankruptcy Reform Act of 1978 (Title 11 of the United States Code), as amended.

“Basic Principal Distribution Amount”: With respect to any Distribution Date, the excess of (i) the Principal Remittance Amount for such Distribution Date over (ii) the Overcollateralization Release Amount, if any, for such Distribution Date.

“Book-Entry Certificates”: Any of the Certificates that shall be registered in the name of the Depository or its nominee, the ownership of which is reflected on the books of the Depository or on the books of a Person maintaining an account with the Depository (directly, as a “Depository Participant”, or indirectly, as an indirect participant in accordance with the rules of the Depository and as described in Section 5.02 hereof). On the Closing Date, the Fixed Rate Certificates and the Floating Rate Certificates shall be Book-Entry Certificates.

“Business Day”: Any day other than a Saturday, a Sunday or a day on which banking or savings institutions in the State of Delaware, the State of New York, the State of California, or in the city in which the Corporate Trust Office of the Trustee is located are authorized or obligated by law or executive order to be closed.

“Cap Contract”: The Cap Contract between The Bank of New York and the counterparty thereunder, a form of which is attached hereto as Exhibit O.

“Centex Mortgage Loans”: Those Mortgage Loans serviced by Centex Home Equity Company, LLC.

 



 

“Certificate”: Any Regular Certificate or Residual Certificate.

“Certificateholder” or “Holder”: The Person in whose name a Certificate is registered in the Certificate Register, except that a Disqualified Organization or non-U.S. Person shall not be a Holder of a Residual Certificate for any purpose hereof and, solely for the purposes of giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor or either Servicer or any Affiliate thereof shall be deemed not to be outstanding and the Voting Rights to which it is entitled shall not be taken into account in determining whether the requisite percentage of Voting Rights necessary to effect any such consent has been obtained, except as otherwise provided in Section 11.01. The Trustee may conclusively rely upon a certificate of the Depositor or either Servicer in determining whether a Certificate is held by an Affiliate thereof. All references herein to “Holders” or “Certificateholders” shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the Trustee shall be required to recognize as a “Holder” or “Certificateholder” only the Person in whose name a Certificate is registered in the Certificate Register.

“Certificate Margin”: With respect to the Floating Rate Certificates and for purposes of the Marker Rate and the Maximum Uncertificated Accrued Interest Deferral Amount, the specified REMIC 1 Regular Interest, as follows:

Class

REMIC 1 Regular Interest

Certificate Margin

(1) (%)

(2) (%)

M-1

LTM1

0.420

0.630

M-2

LTM2

0.440

0.660

M-3

LTM3

0.470

0.705

M-4

LTM4

0.620

0.930

M-5

LTM5

0.650

0.975

M-6

LTM6

0.700

1.050

M-7

LTM7

1.250

1.875

M-8

LTM8

1.400

2.100

M-9

LTM9

2.150

3.225

M-10

LTM10

2.500

3.750

B-1

LTB1

2.500

3.750

B-2

LTB2

2.500

3.750

__________

 

(1)

For the Accrual Period for each Distribution Date on or prior to the Optional Termination Date.

 

(2)

For each other Accrual Period.

“Certificate Owner”: With respect to each Book-Entry Certificate, any beneficial owner thereof.

“Certificate Principal Balance”: With respect to any Class of Regular Certificates (other than the Class C Certificates) immediately prior to any Distribution Date, an amount equal to the Initial Certificate Principal Balance thereof plus any Subsequent Recoveries added to the Certificate Principal Balance of such Certificate pursuant to Section 4.01, reduced by (A) the sum of all amounts actually distributed in respect of principal of such Class and (B) in the case of a Floating Rate Certificate, Realized Losses allocated thereto on all prior Distribution Dates. With respect to the Class C Certificates as of any date of determination, an amount equal to the

 



excess, if any, of (A) the then aggregate Uncertificated Principal Balance of the REMIC 1 Regular Interests over (B) the then aggregate Certificate Principal Balance of the Fixed Rate Certificates, the Floating Rate Certificates and the Class P Certificates then outstanding.

“Certificate Register” and “Certificate Registrar”: The register maintained and registrar appointed pursuant to Section 5.02 hereof.

“Certification”: As defined in Section 3.22(b)(ii).

“Class”: Collectively, Certificates which have the same priority of payment and bear the same class designation and the form of which is identical except for variation in the Percentage Interest evidenced thereby.

“Class A-1 Certificate”: Any one of the Class A-1 Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-1, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 2.

“Class A-2 Certificate”: Any one of the Class A-2 Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-2, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 2.

“Class A-3 Certificate”: Any one of the Class A-3 Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-3, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 2.

“Class A-4 Certificate”: Any one of the Class A-4 Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-4, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 2.

“Class A-5 Certificate”: Any one of the Class A-5 Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-5, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 2.

“Class A-6 Certificate”: Any one of the Class A-6 Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-6, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 2.

“Class A Certificates”: Any Class A-1 Certificate, Class A-2 Certificate, Class A-3 Certificate, Class A-4 Certificate, Class A-5 Certificate or Class A-6 Certificate.

 



 

“Class B-1 Certificate”: Any one of the Class B-1 Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-17, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 2.

“Class B-1 Principal Distribution Amount”: The excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the distribution of the Senior Principal Distribution Amount on such Distribution Date), (ii) the Certificate Principal Balance of the Class M-1 Certificates (after taking into account the distribution of the Class M-1 Principal Distribution Amount on such Distribution Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates (after taking into account the distribution of the Class M-2 Principal Distribution Amount on such Distribution Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates (after taking into account the distribution of the Class M-3 Principal Distribution Amount on such Distribution Date), (v) the Certificate Principal Balance of the Class M-4 Certificates (after taking into account the distribution of the Class M-4 Principal Distribution Amount on such Distribution Date), (vi) the Certificate Principal Balance of the Class M-5 Certificates (after taking into account the distribution of the Class M-5 Principal Distribution Amount on such Distribution Date), (vii) the Certificate Principal Balance of the Class M-6 Certificates (after taking into account the distribution of the Class M-6 Principal Distribution Amount on such Distribution Date), (viii) the Certificate Principal Balance of the Class M-7 Certificates (after taking into account the distribution of the Class M-7 Principal Distribution Amount on such Distribution Date), (ix) the Certificate Principal Balance of the Class M-8 Certificates (after taking into account the distribution of the Class M-8 Principal Distribution Amount on such Distribution Date), (x) the Certificate Principal Balance of the Class M-9 Certificates (after taking into account the distribution of the Class M-9 Principal Distribution Amount on such Distribution Date), (xi) the Certificate Principal Balance of the Class M-10 Certificates (after taking into account the distribution of the Class M-10 Principal Distribution Amount on such Distribution Date) and (xii) the Certificate Principal Balance of the Class B-1 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 96.20% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) minus the Overcollateralization Floor.

“Class B-2 Certificate”: Any one of the Class B-2 Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-18, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 2.

“Class B-2 Principal Distribution Amount”: The excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the distribution of the Senior Principal Distribution Amount on such Distribution Date), (ii) the

 



Certificate Principal Balance of the Class M-1 Certificates (after taking into account the distribution of the Class M-1 Principal Distribution Amount on such Distribution Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates (after taking into account the distribution of the Class M-2 Principal Distribution Amount on such Distribution Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates (after taking into account the distribution of the Class M-3 Principal Distribution Amount on such Distribution Date), (v) the Certificate Principal Balance of the Class M-4 Certificates (after taking into account the distribution of the Class M-4 Principal Distribution Amount on such Distribution Date), (vi) the Certificate Principal Balance of the Class M-5 Certificates (after taking into account the distribution of the Class M-5 Principal Distribution Amount on such Distribution Date), (vii) the Certificate Principal Balance of the Class M-6 Certificates (after taking into account the distribution of the Class M-6 Principal Distribution Amount on such Distribution Date), (viii) the Certificate Principal Balance of the Class M-7 Certificates (after taking into account the distribution of the Class M-7 Principal Distribution Amount on such Distribution Date), (ix) the Certificate Principal Balance of the Class M-8 Certificates (after taking into account the distribution of the Class M-8 Principal Distribution Amount on such Distribution Date), (x) the Certificate Principal Balance of the Class M-9 Certificates (after taking into account the distribution of the Class M-9 Principal Distribution Amount on such Distribution Date), (xi) the Certificate Principal Balance of the Class M-10 Certificates (after taking into account the distribution of the Class M-10 Principal Distribution Amount on such Distribution Date), (xii) the Certificate Principal Balance of the Class B-1 Certificates (after taking into account the distribution of the Class B-1 Principal Distribution Amount on such Distribution Date) and (xiii) the Certificate Principal Balance of the Class B-2 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 97.30% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) minus the Overcollateralization Floor.

“Class B Certificates”: Any Class B-1 Certificate or Class B-2 Certificate.

“Class C Certificates”: Any one of the Class C Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-19, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 3.

“Class C Interest”: An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class C Certificates, evidencing a Regular Interest in REMIC 2 for purposes of the REMIC Provisions.

“Class M-1 Certificate”: Any one of the Class M-1 Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form

 



annexed hereto as Exhibit A-7, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 2.

“Class M-1 Principal Distribution Amount”: The excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the distribution of the Senior Principal Distribution Amount on such Distribution Date) and (ii) the Certificate Principal Balance of the Class M-1 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 64.60% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) minus the Overcollateralization Floor.

“Class M-2 Certificate”: Any one of the Class M-2 Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-8, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 2.

“Class M-2 Principal Distribution Amount”: The excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the distribution of the Senior Principal Distribution Amount on such Distribution Date), (ii) the Certificate Principal Balance of the Class M-1 Certificates (after taking into account the distribution of the Class M-1 Principal Distribution Amount on such Distribution Date) and (iii) the Certificate Principal Balance of the Class M-2 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 70.90% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) minus the Overcollateralization Floor.

“Class M-3 Certificate”: Any one of the Class M-3 Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-9, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 2.

“Class M-3 Principal Distribution Amount”: The excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the distribution of the Senior Principal Distribution Amount on such Distribution Date), (ii) the Certificate Principal Balance of the Class M-1 Certificates (after taking into account the distribution of the Class M-1 Principal Distribution Amount on such Distribution Date), (iii) the

 



Certificate Principal Balance of the Class M-2 Certificates (after taking into account the distribution of the Class M-2 Principal Distribution Amount on such Distribution Date) and (iv) the Certificate Principal Balance of the Class M-3 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 75.30% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) minus the Overcollateralization Floor.

“Class M-4 Certificate”: Any one of the Class M-4 Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-10, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 2.

“Class M-4 Principal Distribution Amount”: The excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the distribution of the Senior Principal Distribution Amount on such Distribution Date), (ii) the Certificate Principal Balance of the Class M-1 Certificates (after taking into account the distribution of the Class M-1 Principal Distribution Amount on such Distribution Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates (after taking into account the distribution of the Class M-2 Principal Distribution Amount on such Distribution Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates (after taking into account the distribution of the Class M-3 Principal Distribution Amount on such Distribution Date) and (v) the Certificate Principal Balance of the Class M-4 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 78.50% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) minus the Overcollateralization Floor.

“Class M-5 Certificate”: Any one of the Class M-5 Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-11, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 2.

“Class M-5 Principal Distribution Amount”: The excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the distribution of the Senior Principal Distribution Amount on such Distribution Date), (ii) the Certificate Principal Balance of the Class M-1 Certificates (after taking into account the distribution of the Class M-1 Principal Distribution Amount on such Distribution Date), (iii) the

 



Certificate Principal Balance of the Class M-2 Certificates (after taking into account the distribution of the Class M-2 Principal Distribution Amount on such Distribution Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates (after taking into account the distribution of the Class M-3 Principal Distribution Amount on such Distribution Date), (v) the Certificate Principal Balance of the Class M-4 Certificates (after taking into account the distribution of the Class M-4 Principal Distribution Amount on such Distribution Date) and (vi) the Certificate Principal Balance of the Class M-5 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 81.80% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) minus the Overcollateralization Floor.

“Class M-6 Certificate”: Any one of the Class M-6 Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-12, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 2.

“Class M-6 Principal Distribution Amount”: The excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the distribution of the Senior Principal Distribution Amount on such Distribution Date), (ii) the Certificate Principal Balance of the Class M-1 Certificates (after taking into account the distribution of the Class M-1 Principal Distribution Amount on such Distribution Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates (after taking into account the distribution of the Class M-2 Principal Distribution Amount on such Distribution Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates (after taking into account the distribution of the Class M-3 Principal Distribution Amount on such Distribution Date), (v) the Certificate Principal Balance of the Class M-4 Certificates (after taking into account the distribution of the Class M-4 Principal Distribution Amount on such Distribution Date), (vi) the Certificate Principal Balance of the Class M-5 Certificates (after taking into account the distribution of the Class M-5 Principal Distribution Amount on such Distribution Date) and (vii) the Certificate Principal Balance of the Class M-6 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 84.60% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) minus the Overcollateralization Floor.

“Class M-7 Certificate”: Any one of the Class M-7 Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form

 



annexed hereto as Exhibit A-13, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 2.

“Class M-7 Principal Distribution Amount”: The excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the distribution of the Senior Principal Distribution Amount on such Distribution Date), (ii) the Certificate Principal Balance of the Class M-1 Certificates (after taking into account the distribution of the Class M-1 Principal Distribution Amount on such Distribution Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates (after taking into account the distribution of the Class M-2 Principal Distribution Amount on such Distribution Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates (after taking into account the distribution of the Class M-3 Principal Distribution Amount on such Distribution Date), (v) the Certificate Principal Balance of the Class M-4 Certificates (after taking into account the distribution of the Class M-4 Principal Distribution Amount on such Distribution Date), (vi) the Certificate Principal Balance of the Class M-5 Certificates (after taking into account the distribution of the Class M-5 Principal Distribution Amount on such Distribution Date), (vii) the Certificate Principal Balance of the Class M-6 Certificates (after taking into account the distribution of the Class M-6 Principal Distribution Amount on such Distribution Date) and (viii) the Certificate Principal Balance of the Class M-7 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 87.80% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) minus the Overcollateralization Floor.

“Class M-8 Certificate”: Any one of the Class M-8 Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-14, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 2.

“Class M-8 Principal Distribution Amount”: The excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the distribution of the Senior Principal Distribution Amount on such Distribution Date), (ii) the Certificate Principal Balance of the Class M-1 Certificates (after taking into account the distribution of the Class M-1 Principal Distribution Amount on such Distribution Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates (after taking into account the distribution of the Class M-2 Principal Distribution Amount on such Distribution Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates (after taking into account the distribution of the Class M-3 Principal Distribution Amount on such Distribution Date), (v) the Certificate Principal Balance of the Class M-4 Certificates (after taking into account the distribution of the Class M-4 Principal Distribution Amount on such Distribution Date), (vi) the Certificate Principal Balance of the Class M-5 Certificates (after taking into account the distribution of the Class M-5 Principal Distribution Amount on such Distribution Date), (vii) the

 



Certificate Principal Balance of the Class M-6 Certificates (after taking into account the distribution of the Class M-6 Principal Distribution Amount on such Distribution Date), (viii) the Certificate Principal Balance of the Class M-7 Certificates (after taking into account the distribution of the Class M-7 Principal Distribution Amount on such Distribution Date) and (ix) the Certificate Principal Balance of the Class M-8 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 90.30% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) minus the Overcollateralization Floor.

“Class M-9 Certificate”: Any one of the Class M-9 Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-15, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 2.

“Class M-9 Principal Distribution Amount”: The excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the distribution of the Senior Principal Distribution Amount on such Distribution Date), (ii) the Certificate Principal Balance of the Class M-1 Certificates (after taking into account the distribution of the Class M-1 Principal Distribution Amount on such Distribution Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates (after taking into account the distribution of the Class M-2 Principal Distribution Amount on such Distribution Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates (after taking into account the distribution of the Class M-3 Principal Distribution Amount on such Distribution Date), (v) the Certificate Principal Balance of the Class M-4 Certificates (after taking into account the distribution of the Class M-4 Principal Distribution Amount on such Distribution Date), (vi) the Certificate Principal Balance of the Class M-5 Certificates (after taking into account the distribution of the Class M-5 Principal Distribution Amount on such Distribution Date), (vii) the Certificate Principal Balance of the Class M-6 Certificates (after taking into account the distribution of the Class M-6 Principal Distribution Amount on such Distribution Date), (viii) the Certificate Principal Balance of the Class M-7 Certificates (after taking into account the distribution of the Class M-7 Principal Distribution Amount on such Distribution Date), (ix) the Certificate Principal Balance of the Class M-8 Certificates (after taking into account the distribution of the Class M-8 Principal Distribution Amount on such Distribution Date) and (x) the Certificate Principal Balance of the Class M-9 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 92.50% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due

 



during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) minus the Overcollateralization Floor.

“Class M-10 Certificate”: Any one of the Class M-10 Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-16, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 2.

“Class M-10 Principal Distribution Amount”: The excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the distribution of the Senior Principal Distribution Amount on such Distribution Date), (ii) the Certificate Principal Balance of the Class M-1 Certificates (after taking into account the distribution of the Class M-1 Principal Distribution Amount on such Distribution Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates (after taking into account the distribution of the Class M-2 Principal Distribution Amount on such Distribution Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates (after taking into account the distribution of the Class M-3 Principal Distribution Amount on such Distribution Date), (v) the Certificate Principal Balance of the Class M-4 Certificates (after taking into account the distribution of the Class M-4 Principal Distribution Amount on such Distribution Date), (vi) the Certificate Principal Balance of the Class M-5 Certificates (after taking into account the distribution of the Class M-5 Principal Distribution Amount on such Distribution Date), (vii) the Certificate Principal Balance of the Class M-6 Certificates (after taking into account the distribution of the Class M-6 Principal Distribution Amount on such Distribution Date), (viii) the Certificate Principal Balance of the Class M-7 Certificates (after taking into account the distribution of the Class M-7 Principal Distribution Amount on such Distribution Date), (ix) the Certificate Principal Balance of the Class M-8 Certificates (after taking into account the distribution of the Class M-8 Principal Distribution Amount on such Distribution Date), (x) the Certificate Principal Balance of the Class M-9 Certificates (after taking into account the distribution of the Class M-9 Principal Distribution Amount on such Distribution Date) and (xi) the Certificate Principal Balance of the Class M-10 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 94.20% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) minus the Overcollateralization Floor.

“Class P Certificate”: Any one of the Class P Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-20, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 4.

 



 

“Class P Interest”: An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC 2 for purposes of the REMIC Provisions.

“Class R Certificate”: The Class R Certificate executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-21 and evidencing the ownership of the Class R-1 Interest and the Class R-2 Interest.

“Class R-X Certificate”: The Class R-X Certificate executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-22 and evidencing the ownership of the Class R-3 Interest and the Class R-4 Interest.

“Class R-1 Interest”: The uncertificated Residual Interest in REMIC 1.

“Class R-2 Interest”: The uncertificated Residual Interest in REMIC 2.

“Class R-3 Interest”: The uncertificated Residual Interest in REMIC 3.

“Class R-4 Interest”: The uncertificated Residual Interest in REMIC 4.

“Close of Business”: As used herein, with respect to any Business Day, 5:00 p.m. (New York time).

“Closing Date”: November 29, 2004.

“Code”: The Internal Revenue Code of 1986, as amended.

“Collection Account”: The account or accounts created and maintained by the Servicer pursuant to Section 3.10(a), which shall be entitled (i) “Centex Home Equity Company, LLC, for JPMorgan Chase Bank, N.A. as Trustee, in trust for registered Holders of Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1” and (ii) “HomEq Servicing Corporation, for JPMorgan Chase Bank, N.A. as Trustee, in trust for registered Holders of Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1,” each of which account must be an Eligible Account.

“Compensating Interest”: As defined in Section 3.24 hereof.

“Corporate Trust Office”: The principal corporate trust office of the Trustee at which at any particular time its corporate trust business in connection with this Agreement shall be administered, which office at the date of the execution of this instrument is located at 4 New York Plaza, 6th Floor, New York, New York 10004-2477, Attention: Worldwide Securities Services/Structured Finance Services: Soundview Home Loan Trust-2005-CTX1, or at such other address as the Trustee may designate from time to time by notice to the Certificateholders, the Depositor, the Servicers and the Seller.

 



 

“Corresponding Certificate”: With respect to each REMIC 1 Regular Interest set forth below, the corresponding Regular Certificate set forth in the table below:

REMIC 1 Regular Interest

Regular Certificate

LTA1

Class A-1

LTA2

Class A-2

LTA3

Class A-3

LTA4

Class A-4

LTA5

Class A-5

LTA6

Class A-6

LTM1

Class M-1

LTM2

Class M-2

LTM3

Class M-3

LTM4

Class M-4

LTM5

Class M-5

LTM6

Class M-6

LTM7

Class M-7

LTM8

Class M-8

LTM9

Class M-9

LTM10

Class M-10

LTP

Class P

 

“Credit Enhancement Percentage”: For any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the sum of the aggregate Certificate Principal Balance of the Floating Rate Certificates and the Class C Certificates and the denominator of which is the aggregate Stated Principal Balance of the Mortgage Loans, calculated prior to taking into account payments of principal on the Mortgage Loans and distribution of the Principal Distribution Amount to the Holders of the Certificates then entitled to distributions of principal on such Distribution Date.

“Credit Risk Manager”: Clayton Fixed Income Services Inc., a Colorado corporation, formerly known as The Murrayhill Company, and its successors and assigns.

“Credit Risk Management Agreement”: Each Credit Risk Management Agreement, dated November 29, 2005, between the Servicers and the Credit Risk Manager.

“Credit Risk Manager Fee” for any Distribution Date is the premium payable to the Credit Risk Manager at the Credit Risk Manager Fee Rate on the then current aggregate principal balance of the Mortgage Loans.

“Credit Risk Manager Fee Rate” for any Distribution Date is 0.0135% per annum.

“Custodian”: JPMorgan Trust Company, National Association, as custodian of the Mortgage Files, or any successor thereto.

“Cut-off Date”: With respect to each Original Mortgage Loan, November 1, 2005.

 



 

“Cut-off Date Principal Balance”: With respect to any Mortgage Loan, the unpaid Stated Principal Balance thereof as of the Cut-off Date of such Mortgage Loan (or as of the applicable date of substitution with respect to a Qualified Substitute Mortgage Loan), after giving effect to scheduled payments due on or before the Cut-off Date, whether or not received.

“Debt Service Reduction”: With respect to any Mortgage Loan, a reduction in the scheduled Monthly Payment for such Mortgage Loan by a court of competent jurisdiction in a proceeding under the Bankruptcy Code, except such a reduction resulting from a Deficient Valuation.

“Deficient Valuation”: With respect to any Mortgage Loan, a valuation of the related Mortgaged Property by a court of competent jurisdiction in an amount less than the then outstanding Stated Principal Balance of the Mortgage Loan, which valuation results from a proceeding initiated under the Bankruptcy Code.

“Definitive Certificates”: As defined in Section 5.02(c) hereof.

“Deleted Mortgage Loan”: A Mortgage Loan replaced or to be replaced by one or more Qualified Substitute Mortgage Loans.

“Delinquency Percentage”: For any Distribution Date, the percentage obtained by dividing (x) the aggregate Stated Principal Balance of Mortgage Loans that are Delinquent 60 days or more, that are in foreclosure or that are REO Properties by (y) the aggregate Stated Principal Balance of the Mortgage Loans, in each case, as of the last day of the previous calendar month.

“Delinquent”: A Mortgage Loan is “Delinquent” if any payment due thereon is not made by the Mortgagor by the close of business on the related Due Date. A Mortgage Loan is “30 days Delinquent” if such payment has not been received by the close of business on the corresponding day of the month immediately succeeding the month in which such payment was due, or, if there is no such corresponding day (e.g., as when a 30-day month follows a 31-day month in which a payment was due on the 31st day of such month) then on the last day of such immediately succeeding month. Similarly for “60 days Delinquent,” “90 days Delinquent” and so on.

“Depositor”: Financial Asset Securities Corp., a Delaware corporation, or any successor in interest.

“Depository”: The initial Depository shall be The Depository Trust Company, whose nominee is Cede & Co., or any other organization registered as a “clearing agency” pursuant to Section 17A of the Securities Exchange Act of 1934, as amended. The Depository shall initially be the registered Holder of the Book-Entry Certificates. The Depository shall at all times be a “clearing corporation” as defined in Section 8-102(3) of the Uniform Commercial Code of the State of New York.

 



 

“Depository Participant”: A broker, dealer, bank or other financial institution or other person for whom from time to time a Depository effects book-entry transfers and pledges of securities deposited with the Depository.

“Determination Date”: With respect to any Distribution Date, the 15th day of the calendar month in which such Distribution Date occurs or, if such 15th day is not a Business Day, the Business Day immediately preceding such 15th day.

“Directly Operate”: With respect to any REO Property, the furnishing or rendering of services to the tenants thereof, the management or operation of such REO Property, the holding of such REO Property primarily for sale to customers, the performance of any construction work thereon or any use of such REO Property in a trade or business conducted by any REMIC other than through an Independent Contractor; provided, however, that the Trustee (or the related Servicer on behalf of the Trustee) shall not be considered to Directly Operate an REO Property solely because the Trustee (or the related Servicer on behalf of the Trustee) establishes rental terms, chooses tenants, enters into or renews leases, deals with taxes and insurance, or makes decisions as to repairs or capital expenditures with respect to such REO Property.

“Disqualified Organization”: A “disqualified organization” under Section 860E of the Code, which as of the Closing Date is any of: (i) the United States, any state or political subdivision thereof, any foreign government, any international organization, or any agency or instrumentality of any of the foregoing, (ii) any organization (other than a cooperative described in Section 521 of the Code) which is exempt from the tax imposed by Chapter 1 of the Code unless such organization is subject to the tax imposed by Section 511 of the Code, (iii) any organization described in Section 1381(a)(2)(C) of the Code, (iv) an “electing large partnership” within the meaning of Section 775 of the Code or (v) any other Person so designated by the Trustee based upon an Opinion of Counsel provided by nationally recognized counsel to the Trustee that the holding of an ownership interest in a Residual Certificate by such Person may cause any REMIC formed hereunder or any Person having an ownership interest in any Class of Certificates (other than such Person) to incur liability for any federal tax imposed under the Code that would not otherwise be imposed but for the transfer of an ownership interest in the Residual Certificate to such Person. A corporation will not be treated as an instrumentality of the United States or of any state or political subdivision thereof, if all of its activities are subject to tax and a majority of its board of directors is not selected by a governmental unit. The term “United States”, “state” and “international organizations” shall have the meanings set forth in Section 7701 of the Code.

“Distribution Account”: The trust account or accounts created and maintained by the Trustee pursuant to Section 3.10(b) which shall be entitled “Distribution Account, JPMorgan Chase Bank, N.A. as Trustee, in trust for the registered Certificateholders of Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1” and which must be an Eligible Account.

 



 

“Distribution Date”: The 25th day of any calendar month, or if such 25th day is not a Business Day, the Business Day immediately following such 25th day, commencing in December 2005.

“Due Date”: With respect to each Mortgage Loan and any Distribution Date, the first day of the calendar month in which such Distribution Date occurs on which the Monthly Payment for such Mortgage Loan was due (or, in the case of any Mortgage Loan under the terms of which the Monthly Payment for such Mortgage Loan was due on a day other than the first day of the calendar month in which such Distribution Date occurs, the day during the related Due Period on which such Monthly Payment was due), exclusive of any days of grace.

“Due Period”: With respect to any Distribution Date, the period commencing on the second day of the month preceding the month in which such Distribution Date occurs and ending on the first day of the month in which such Distribution Date occurs.

“Eligible Account”: Any of (i) an account or accounts maintained with a federal or state chartered depository institution or trust company the short-term unsecured debt obligations of which (or, in the case of a depository institution or trust company that is the principal subsidiary of a holding company, the short-term unsecured debt obligations of such holding company) are rated A-1 by S&P, P-1 by Moody’s and F-1 by Fitch (or comparable ratings if S&P, Moody’s and Fitch are not the Rating Agencies) at the time any amounts are held on deposit therein, (ii) an account or accounts the deposits in which are fully insured by the FDIC (to the limits established by such corporation), the uninsured deposits in which account are otherwise secured such that, as evidenced by an Opinion of Counsel delivered to the Trustee and to each Rating Agency, the Certificateholders will have a claim with respect to the funds in such account or a perfected first priority security interest against such collateral (which shall be limited to Permitted Investments) securing such funds that is superior to claims of any other depositors or creditors of the depository institution with which such account is maintained, (iii) a trust account or accounts maintained with the trust department of a federal or state chartered depository institution, national banking association or trust company acting in its fiduciary capacity or (iv) an account otherwise acceptable to each Rating Agency without reduction or withdrawal of their then current ratings of the Certificates as evidenced by a letter from each Rating Agency to the Trustee. Eligible Accounts may bear interest.

“ERISA”: The Employee Retirement Income Security Act of 1974, as amended.

“Escrow Account”: The account or accounts created and maintained pursuant to Section 3.09.

“Escrow Payments”: The amounts constituting ground rents, taxes, assessments, water rates, fire and hazard insurance premiums and other payments required to be escrowed by the Mortgagor with the mortgagee pursuant to any Mortgage Loan.

“Excess Overcollateralized Amount”: With respect to the Floating Rate Certificates and any Distribution Date, the excess, if any, of (i) the Overcollateralized Amount for such Distribution Date, assuming that 100% of the Principal Remittance Amount is applied

 



as a principal payment on such Distribution Date over (ii) the Overcollateralization Target Amount for such Distribution Date.

“Extra Principal Distribution Amount”: With respect to any Distribution Date, the lesser of (x) the Monthly Interest Distributable Amount distributable on the Class C Certificates on such Distribution Date as reduced by Realized Losses allocated thereto with respect to such Distribution Date pursuant to Section 4.08 and (y) the Overcollateralization Deficiency Amount for such Distribution Date.

“Fannie Mae”: Federal National Mortgage Association or any successor thereto.

“FDIC”: Federal Deposit Insurance Corporation or any successor thereto.

“Final Recovery Determination”: With respect to any defaulted Mortgage Loan or any REO Property (other than a Mortgage Loan or REO Property purchased by the Originator or the related Servicer pursuant to or as contemplated by Section 2.03, Section 3.16(c) or Section 10.01), a determination made by the related Servicer that all Insurance Proceeds, Net Liquidation Proceeds and other payments or recoveries which the related Servicer, in its reasonable good faith judgment, expects to be finally recoverable in respect thereof have been so recovered. Each Servicer shall maintain records, prepared by a Servicing Officer, of each Final Recovery Determination made thereby.

“Fitch”: Fitch Ratings, or its successor in interest.

“Fixed-Rate Mortgage Loan”: A first or second lien Mortgage Loan which provides for a fixed Mortgage Rate payable with respect thereto. The Fixed-Rate Mortgage Loans are identified as such on the Mortgage Loan Schedule.

“Fixed Rate Certificates”: The Class A Certificates.

“Floating Rate Certificates”: The Mezzanine Certificates and the Class B Certificates.

“Formula Rate”: For any Distribution Date and the Floating Rate Certificates, the lesser of (i) the sum of LIBOR plus the related Certificate Margin and (ii) the Maximum Cap Rate.

“Freddie Mac”: The Federal Home Loan Mortgage Corporation, or any successor thereto.

“Gross Margin”: With respect to each Adjustable-Rate Mortgage Loan, the fixed percentage set forth in the related Mortgage Note that is added to the Index on each Adjustment Date in accordance with the terms of the related Mortgage Note used to determine the Mortgage Rate for such Adjustable-Rate Mortgage Loan.

“Highest Priority”: As of any date of determination, the Class of Mezzanine Certificates or Class B Certificates then outstanding with a Certificate Principal Balance greater

 



than zero, with the highest priority for payments pursuant to Section 4.01, in the following order of decreasing priority: Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10, Class B-1 and Class B-2 Certificates.

“HomEq Mortgage Loans”: Those Mortgage Loans serviced by HomEq Servicing Corporation.

“Indenture”: An indenture relating to the issuance of notes secured by the Class C Certificates, the Class P Certificates and/or the Class R Certificates (or any portion thereof).

“Independent”: When used with respect to any specified Person, any such Person who (a) is in fact independent of the Depositor, the Servicer and their respective Affiliates, (b) does not have any direct financial interest in or any material indirect financial interest in the Depositor or either Servicer or any Affiliate thereof, and (c) is not connected with the Depositor or either Servicer or any Affiliate thereof as an officer, employee, promoter, underwriter, trustee, partner, director or Person performing similar functions; provided, however, that a Person shall not fail to be Independent of the Depositor or either Servicer or any Affiliate thereof merely because such Person is the beneficial owner of 1% or less of any class of securities issued by the Depositor or either Servicer or any Affiliate thereof, as the case may be.

“Independent Contractor”: Either (i) any Person (other than the Servicers) that would be an “independent contractor” with respect to any of the REMICs created hereunder within the meaning of Section 856(d)(3) of the Code if such REMIC were a real estate investment trust (except that the ownership tests set forth in that section shall be considered to be met by any Person that owns, directly or indirectly, 35% or more of any Class of Certificates), so long as each such REMIC does not receive or derive any income from such Person and provided that the relationship between such Person and such REMIC is at arm’s length, all within the meaning of Treasury Regulation Section 1.856-4(b)(5), or (ii) any other Person (including the Servicers) if the Trustee has received an Opinion of Counsel to the effect that the taking of any action in respect of any REO Property by such Person, subject to any conditions therein specified, that is otherwise herein contemplated to be taken by an Independent Contractor will not cause such REO Property to cease to qualify as “foreclosure property” within the meaning of Section 860G(a)(8) of the Code (determined without regard to the exception applicable for purposes of Section 860D(a) of the Code), or cause any income realized in respect of such REO Property to fail to qualify as Rents from Real Property.

“Index”: With respect to each Adjustable-Rate Mortgage Loan and with respect to each related Adjustment Date, the index as specified in the related Mortgage Note.

“Initial Certificate Principal Balance”: With respect to any Regular Certificate, the amount designated “Initial Certificate Principal Balance” on the face thereof.

“Insurance Proceeds”: Proceeds of any title policy, hazard policy or other insurance policy covering a Mortgage Loan, to the extent such proceeds are received by the related Servicer and are not to be applied to the restoration of the related Mortgaged Property or released to the Mortgagor in accordance with the procedures that such Servicer would follow in

 



servicing mortgage loans held for its own account, subject to the terms and conditions of the related Mortgage Note and Mortgage.

“Interest Determination Date”: With respect to the Floating Rate Certificates and each Accrual Period, the second LIBOR Business Day preceding the commencement of such Accrual Period.

“Interest Remittance Amount”: With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Mortgage Loans.

“Late Collections”: With respect to any Mortgage Loan, all amounts received subsequent to the Determination Date immediately following any related Due Period, whether as late payments of Monthly Payments or as Insurance Proceeds, Liquidation Proceeds or otherwise, which represent late payments or collections of principal and/or interest due (without regard to any acceleration of payments under the related Mortgage and Mortgage Note) but delinquent on a contractual basis for such Due Period and not previously recovered.

“LIBOR”: With respect to each Accrual Period, the rate determined by the Trustee on the related Interest Determination Date on the basis of the London interbank offered rate for one-month United States dollar deposits, as such rate appears on the Telerate Page 3750, as of 11:00 a.m. (London time) on such Interest Determination Date. If such rate does not appear on Telerate Page 3750, the rate for such Interest Determination Date will be determined on the basis of the offered rates of the Reference Banks for one-month United States dollar deposits, as of 11:00 a.m. (London time) on such Interest Determination Date. The Trustee will request the principal London office of each of the Reference Banks to provide a quotation of its rate. On such Interest Determination Date, LIBOR for the related Accrual Period will be established by the Trustee as follows:

(i)           If on such Interest Determination Date two or more Reference Banks provide such offered quotations, LIBOR for the related Accrual Period shall be the arithmetic mean of such offered quotations (rounded upwards if necessary to the nearest whole multiple of 1/16 of 1%); and

(ii)          If on such Interest Determination Date fewer than two Reference Banks provide such offered quotations, LIBOR for the related Accrual Period shall be the higher of (i) LIBOR as determined on the previous Interest Determination Date and (ii) the Reserve Interest Rate.

“LIBOR Business Day”: Any day on which banks in London, England and The City of New York are open and conducting transactions in foreign currency and exchange.

“Liquidated Mortgage Loan”: As to any Distribution Date, any Mortgage Loan in respect of which the related Servicer has determined, in its reasonable judgment, as of the end of the related Prepayment Period, that all Liquidation Proceeds which it expects to recover with respect to the liquidation of the Mortgage Loan or disposition of the related REO Property have

 



been recovered or (ii) any Mortgage Loan that is a second lien Mortgage Loan (1) that is delinquent 180 days or longer, (2) for which the related first lien mortgage loan is not a Mortgage Loan, and (3) as to which the related Servicer has made a Final Recovery Determination.

“Liquidation Event”: With respect to any Mortgage Loan, any of the following events: (i) such Mortgage Loan is paid in full, (ii) a Final Recovery Determination is made as to such Mortgage Loan or (iii) such Mortgage Loan is removed from the Trust Fund by reason of its being purchased, sold or replaced pursuant to or as contemplated by Section 2.03, Section 3.16(c) or Section 10.01. With respect to any REO Property, either of the following events: (i) a Final Recovery Determination is made as to such REO Property or (ii) such REO Property is removed from the Trust Fund by reason of its being sold or purchased pursuant to Section 3.23 or Section 10.01.

“Liquidation Proceeds”: The amount (other than amounts received in respect of the rental of any REO Property prior to REO Disposition) received by the related Servicer in connection with (i) the taking of all or a part of a Mortgaged Property by exercise of the power of eminent domain or condemnation, (ii) the liquidation of a defaulted Mortgage Loan by means of a trustee’s sale, foreclosure sale or otherwise or (iii) the repurchase, substitution or sale of a Mortgage Loan or an REO Property pursuant to or as contemplated by Section 2.03, Section 3.16(c), Section 3.23 or Section 10.01.

“Loan-to-Value Ratio”: As of any date and as to any Mortgage Loan, the fraction, expressed as a percentage, the numerator of which is the Stated Principal Balance of the Mortgage Loan and the denominator of which is the Value of the related Mortgaged Property.

“Lockout Certificate Percentage”: With respect to the Class A-6 Certificates and any Distribution Date, a percentage equal to the Certificate Principal Balance of the Class A-6 Certificates immediately prior to such Distribution Date divided by the aggregate Certificate Principal Balance of the Class A Certificates immediately prior to such Distribution Date.

“Lockout Distribution Percentage”: With respect to the Class A-6 Certificates and any Distribution Date, the indicated percentage of the Lockout Certificate Percentage for such Distribution Date:

Distribution Date Occurring In

Percentage

December 2005 through November 2008

0%

December 2008 through November 2010

45%

December 2010 through November 2011

80%

December 2011 through November 2012

100%

December 2012 and thereafter

300%

 

“Losses”: As defined in Section 9.03.

“Lost Note Affidavit”: With respect to any Mortgage Loan as to which the original Mortgage Note has been permanently lost, misplaced or destroyed and has not been replaced, an affidavit from the Originator certifying that the original Mortgage Note has been lost, misplaced or destroyed (together with a copy of the related Mortgage Note) and

 



indemnifying the Trust against any loss, cost or liability resulting from the failure to deliver the original Mortgage Note in the form of Exhibit H hereto.

“Majority Certificateholders”: The Holders of Certificates evidencing at least 51% of the Voting Rights.

“Marker Rate”: With respect to the Class C Interest and any Distribution Date, a per annum rate equal to two (2) times the weighted average of the Uncertificated REMIC 1 Pass-Through Rates for REMIC 1 Regular Interest LTA1, REMIC 1 Regular Interest LTA2, REMIC 1 Regular Interest LTA3, REMIC 1 Regular Interest LTA4, REMIC 1 Regular Interest LTA5, REMIC 1 Regular Interest LTA6, REMIC 1 Regular Interest LTM1, REMIC 1 Regular Interest LTM2, REMIC 1 Regular Interest LTM3, REMIC 1 Regular Interest LTM4, REMIC 1 Regular Interest LTM5, REMIC 1 Regular Interest LTM6, REMIC 1 Regular Interest LTM7, REMIC 1 Regular Interest LTM8, REMIC 1 Regular Interest LTM9, REMIC 1 Regular Interest LTM10, REMIC 1 Regular Interest LTB1, REMIC 1 Regular Interest LTB2 and REMIC 1 Regular Interest LTZZ, with the rate on each such REMIC 1 Regular Interest (other than REMIC 1 Regular Interest LTZZ) subject to a cap equal to the lesser of (i) the Pass-Through Rate for the related Corresponding Certificate (without regard to the Net WAC Rate) and (ii) the Net WAC Rate for the purpose of this calculation; and with the rate on REMIC 1 Regular Interest LTZZ subject to a cap of zero for the purpose of this calculation; provided, however, that for this purpose, calculations of the Uncertificated REMIC 1 Pass-Through Rate and the related caps with respect to each such REMIC 1 Regular Interest (other than REMIC I Regular Interest LTA1, REMIC I Regular Interest LTA2, REMIC I Regular Interest LTA3, REMIC I Regular Interest LTA4, REMIC I Regular Interest LTA5, REMIC I Regular Interest LTA6 and REMIC 1 Regular Interest LTZZ) shall be multiplied by a fraction, the numerator of which is the actual number of days elapsed in the related Accrual Period and the denominator of which is 30.

“Master Agreement”: The Master Mortgage Loan Purchase and Interim Servicing Agreement, dated June 1, 2004, among Harwood Street Funding II, LLC, the Originator and the Seller.

“Maximum Cap Rate”: For any Distribution Date and the Floating Rate Certificates, a per annum rate equal to the product of (x) the weighted average of the Adjusted Net Maximum Mortgage Rates of the Mortgage Loans, weighted on the basis of the outstanding Stated Principal Balances of the Mortgage Loans as of the first day of the month preceding the month of such Distribution Date and (y) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days elapsed in the related Accrual Period.

“Maximum Mortgage Rate”: With respect to each Adjustable-Rate Mortgage Loan, the percentage set forth in the related Mortgage Note as the maximum Mortgage Rate thereunder.

“Maximum Uncertificated Accrued Interest Deferral Amount”: With respect to any Distribution Date, the excess of (a) accrued interest at the Uncertificated REMIC 1 Pass-Through Rate applicable to REMIC 1 Regular Interest LTZZ for such Distribution Date on a balance equal to the Uncertificated Principal Balance of REMIC 1 Regular Interest LTZZ minus

 



the REMIC 1 Overcollateralization Amount, in each case for such Distribution Date, over (b) the sum of the Uncertificated Accrued Interest on REMIC 1 Regular Interest LTA1, REMIC 1 Regular Interest LTA2, REMIC 1 Regular Interest LTA3, REMIC 1 Regular Interest LTA4, REMIC 1 Regular Interest LTA5, REMIC 1 Regular Interest LTA6, REMIC 1 Regular Interest LTM1, REMIC 1 Regular Interest LTM2, REMIC 1 Regular Interest LTM3, REMIC 1 Regular Interest LTM4, REMIC 1 Regular Interest LTM5, REMIC 1 Regular Interest LTM6, REMIC 1 Regular Interest LTM7, REMIC 1 Regular Interest LTM8, REMIC 1 Regular Interest LTM9, REMIC 1 Regular Interest LTM10, REMIC 1 Regular Interest LTB1 and REMIC 1 Regular Interest LTB2 with the rate on each such REMIC 1 Regular Interest subject to a cap equal to the lesser of (i) the Pass-Through Rate for the related Corresponding Certificate (without regard to the Net WAC Rate) and (ii) the Net WAC Rate for the purpose of this calculation; provided, however, that for this purpose, calculations of the Uncertificated REMIC 1 Pass-Through Rate and the related caps with respect to each such REMIC 1 Regular Interest (other than REMIC I Regular Interest LTA1, REMIC I Regular Interest LTA2, REMIC I Regular Interest LTA3, REMIC I Regular Interest LTA4, REMIC I Regular Interest LTA5, REMIC I Regular Interest LTA6) shall be multiplied by a fraction, the numerator of which is the actual number of days elapsed in the related Accrual Period and the denominator of which is 30.

“MERS”: Mortgage Electronic Registration Systems, Inc., a corporation organized and existing under the laws of the State of Delaware, or any successor thereto.

“MERS® System”: The system of recording transfers of Mortgages electronically maintained by MERS.

“Mezzanine Certificate”: Any Class M-1 Certificate, Class M-2 Certificate, Class M-3 Certificate, Class M-4 Certificate, Class M-5 Certificate, Class M-6 Certificate, Class M-7 Certificate, Class M-8 Certificate, Class M-9 Certificate or Class M-10 Certificate.

“MIN”: The Mortgage Identification Number for Mortgage Loans registered with MERS on the MERS® System.

“Minimum Mortgage Rate”: With respect to each Adjustable-Rate Mortgage Loan, the percentage set forth in the related Mortgage Note as the minimum Mortgage Rate thereunder.

“MOM Loan”: With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

“Monthly Interest Distributable Amount”: With respect to the Fixed Rate Certificates, the Floating Rate Certificates and the Class C Certificates and any Distribution Date, the amount of interest accrued during the related Accrual Period at the related Pass-Through Rate on the Certificate Principal Balance (or Notional Amount in the case of the Class C Certificates) of such Class immediately prior to such Distribution Date, in each case, reduced by any Net Prepayment Interest Shortfalls and Relief Act Interest Shortfalls (allocated to such

 



Certificate based on its respective entitlements to interest irrespective of any Net Prepayment Interest Shortfalls and Relief Act Interest Shortfalls for such Distribution Date).

“Monthly Payment”: With respect to any Mortgage Loan, the scheduled monthly payment of principal and interest on such Mortgage Loan which is payable by the related Mortgagor from time to time under the related Mortgage Note, determined: (a) after giving effect to (i) any Deficient Valuation and/or Debt Service Reduction with respect to such Mortgage Loan and (ii) any modifications to a Mortgage Loan pursuant to Section 3.07 and (iii) any reduction in the amount of interest collectible from the related Mortgagor pursuant to the Relief Act; (b) without giving effect to any extension granted or agreed to by the related Servicer pursuant to Section 3.07; and (c) on the assumption that all other amounts, if any, due under such Mortgage Loan are paid when due.

“Moody’s”: Moody’s Investors Service, Inc., or its successor in interest.

“Mortgage”: The mortgage, deed of trust or other instrument creating a first or second lien on, or first or second priority security interest in, a Mortgaged Property securing a Mortgage Note.

“Mortgage File”: The mortgage documents listed in Section 2.01 pertaining to a particular Mortgage Loan and any additional documents required to be added to the Mortgage File pursuant to this Agreement.

“Mortgage Loan”: Each mortgage loan transferred and assigned to the Trustee pursuant to Section 2.01 or Section 2.03(d) as from time to time held as a part of the Trust Fund, the Mortgage Loans so held being identified in the Mortgage Loan Schedule.

“Mortgage Loan Schedule”: As of any date, the list of Mortgage Loans included in REMIC 1 on such date, attached hereto as Exhibit D. The Mortgage Loan Schedule shall be prepared by the Seller and shall set forth the following information with respect to each Mortgage Loan, as applicable:

 

(1)

the Mortgage Loan identifying number;

 

 

(2)

[reserved];

 

 

(3)

the state and zip code of the Mortgaged Property;

(4)          a code indicating whether the Mortgaged Property was represented by the borrower, at the time of origination, as being owner-occupied;

 

(5)

the type of Residential Dwelling constituting the Mortgaged Property;

 

(6)

the original months to maturity;

 

(7)          the stated remaining months to maturity from the Cut-off Date based on the original amortization schedule;

 



 

 

(8)

the Loan-to-Value Ratio at origination;

 

 

(9)

the Mortgage Rate in effect immediately following the Cut-off Date;

(10)        the date on which the first Monthly Payment was due on the Mortgage Loan;

 

(11)

the stated maturity date;

 

 

(12)

the amount of the Monthly Payment at origination;

(13)        the amount of the Monthly Payment due on the first Due Date after the Cut- off Date;

(14)        the last Due Date on which a Monthly Payment was actually applied to the unpaid Stated Principal Balance;

 

(15)

the original principal balance of the Mortgage Loan;

(16)        the Stated Principal Balance of the Mortgage Loan as of the Close of Business on the Cut-off Date;

(17)        a code indicating the purpose of the Mortgage Loan (i.e., purchase financing, rate/term refinancing, cash-out refinancing);

 

(18)

the Mortgage Rate at origination;

(19)        a code indicating the documentation program (i.e., full documentation, limited income verification, no income verification, alternative income verification);

 

(20)

the risk grade;

 

 

(21)

the Value of the Mortgaged Property;

 

 

(22)

the sale price of the Mortgaged Property, if applicable;

(23)        the actual unpaid Principal Balance of the Mortgage Loan as of the Cut-off Date;

 

(24)

the type and term of the related Prepayment Charge;

(25)        with respect to any Adjustable-Rate Mortgage Loan, the rounding code, the Minimum Mortgage Rate, the Maximum Mortgage Rate, the Gross Margin, the next Adjustment Date and the Periodic Rate Cap; and

 

(26)

the program code.

 

 



 

The Mortgage Loan Schedule shall set forth the following information, with respect to the Mortgage Loans as of the Cut-off Date: (1) the number of Mortgage Loans (separately identifying the number of Fixed-Rate Mortgage Loans and the number of Adjustable-Rate Mortgage Loans); (2) the current Stated Principal Balance of the Mortgage Loans; (3) the weighted average Mortgage Rate of the Mortgage Loans and (4) the weighted average remaining term to maturity of the Mortgage Loans. The Mortgage Loan Schedule shall be amended from time to time by the Seller in accordance with the provisions of this Agreement. With respect to any Qualified Substitute Mortgage Loan, Cut-off Date shall refer to the related Cut-off Date for such Mortgage Loan, determined in accordance with the definition of Cut-off Date herein.

“Mortgage Note”: The original executed note or other evidence of indebtedness evidencing the indebtedness of a Mortgagor under a Mortgage Loan.

“Mortgage Pool”: The pool of Mortgage Loans, identified on Exhibit D from time to time, and any REO Properties acquired in respect thereof.

“Mortgage Rate”: With respect to each Fixed-Rate Mortgage Loan, the rate set forth in the related Mortgage Note. With respect to each Adjustable-Rate Mortgage Loan, the annual rate at which interest accrues on such Mortgage Loan from time to time in accordance with the provisions of the related Mortgage Note, which rate (A) as of any date of determination until the first Adjustment Date following the Cut-off Date shall be the rate set forth in the Mortgage Loan Schedule as the Mortgage Rate in effect immediately following the Cut-off Date and (B) as of any date of determination thereafter shall be the rate as adjusted on the most recent Adjustment Date, to equal the sum, rounded to the next highest or nearest 0.125% (as provided in the Mortgage Note), of the Index, determined as set forth in the related Mortgage Note, plus the related Gross Margin subject to the limitations set forth in the related Mortgage Note. With respect to each Mortgage Loan that becomes an REO Property, as of any date of determination, the annual rate determined in accordance with the immediately preceding sentence as of the date such Mortgage Loan became an REO Property.

“Mortgaged Property”: The underlying property securing a Mortgage Loan, including any REO Property, consisting of a fee simple estate in a parcel of real property improved by a Residential Dwelling.

“Mortgagor”: The obligor on a Mortgage Note.

“Net Liquidation Proceeds”: With respect to any Liquidated Mortgage Loan or any other disposition of related Mortgaged Property (including REO Property), the related Liquidation Proceeds and Insurance Proceeds net of Advances, Servicing Advances, Servicing Fees and any other accrued and unpaid servicing fees or ancillary income received and retained in connection with the liquidation of such Mortgage Loan or Mortgaged Property.

“Net Monthly Excess Cashflow”: With respect to each Distribution Date, the sum of (a) any Overcollateralization Release Amount for such Distribution Date and (b) the excess of (x) Available Funds for such Distribution Date over (y) the sum for such Distribution Date of (A) the Monthly Interest Distributable Amounts for the Fixed Rate Certificates and the Floating Rate

 



Certificates, (B) the Unpaid Interest Shortfall Amounts for the Class A Certificates and (C) the Principal Remittance Amount.

“Net Mortgage Rate”: With respect to any Mortgage Loan (or the related REO Property), as of any date of determination, a per annum rate of interest equal to the then applicable Mortgage Rate for such Mortgage Loan minus the Servicing Fee Rate.

“Net Prepayment Interest Shortfall”: With respect to any Distribution Date, the excess, if any, of any Prepayment Interest Shortfalls for such date over the related Compensating Interest.

“Net WAC Rate”: For any Distribution Date and the Fixed Rate Certificates, a per annum rate equal to the weighted average of the Adjusted Net Mortgage Rates of the Mortgage Loans, weighted on the basis of the outstanding Stated Principal Balances of the Mortgage Loans as of the first day of the month preceding the month of such Distribution Date.

For any Distribution Date and the Floating Rate Certificates, a per annum rate equal to the product of (x) the weighted average of the Adjusted Net Mortgage Rates of the Mortgage Loans, weighted on the basis of the outstanding Stated Principal Balances of the Mortgage Loans as of the first day of the month preceding the month of such Distribution Date and (y) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days elapsed in the related Accrual Period.

For federal income tax purposes, the economic equivalent of such rate shall be expressed as the weighted average of the REMIC 1 Pass-Through Rates on the REMIC 1 Regular Interests, weighted on the basis of the Uncertificated Principal Balance of each such REMIC 1 Regular Interest.

“Net WAC Rate Carryover Amount”: With respect to the Fixed Rate Certificates and the Floating Rate Certificates and any Distribution Date, the sum of (A) the positive excess of (i) the amount of interest accrued on such Class of Certificates on such Distribution Date calculated at the related Pass-Through Rate (without regard to the Net WAC Rate), over (ii) the amount of interest accrued on such Class of Certificates at the Net WAC Rate for such Distribution Date and (B) the Net WAC Rate Carryover Amount for the previous Distribution Date not previously paid, together with interest thereon at a rate equal to the related Pass-Through Rate (without regard to the Net WAC Rate) for such Class of Certificates for such Distribution Date and for such Accrual Period.

“Net WAC Rate Carryover Reserve Account”: The account established and maintained pursuant to Section 4.06.

“New Lease”: Any lease of REO Property entered into on behalf of the Trust, including any lease renewed or extended on behalf of the Trust if the Trust has the right to renegotiate the terms of such lease.

“Nonrecoverable Advance”: Any Advance or Servicing Advance previously made or proposed to be made in respect of a Mortgage Loan or REO Property that, in the good faith

 



business judgment of the related Servicer, will not be ultimately recoverable from Late Collections, Insurance Proceeds, Liquidation Proceeds or condemnation proceeds on such Mortgage Loan or REO Property as provided herein.

“Notional Amount”: Immediately prior to any Distribution Date with respect to the Class C Interest, the aggregate Uncertificated Principal Balance of REMIC 1 Regular Interests (other than the REMIC 1 Regular Interest LTP).

“Officers’ Certificate”: A certificate signed by the Chairman of the Board, the Vice Chairman of the Board, the President or a vice president (however denominated), and by the Treasurer, the Secretary, or one of the assistant treasurers or assistant secretaries of a Servicer, the Originator or the Depositor, as applicable.

“Opinion of Counsel”: A written opinion of counsel, who may, without limitation, be a salaried counsel for the Depositor or either Servicer, acceptable to the Trustee, except that any opinion of counsel relating to (a) the qualification of any REMIC as a REMIC or (b) compliance with the REMIC Provisions must be an opinion of Independent counsel.

“Optional Termination Date”: The first Distribution Date on which the Terminator may opt to terminate the Trust Fund pursuant to Section 10.01.

“Original Class Certificate Principal Balance”: With respect to the Fixed Rate Certificates, the Floating Rate Certificates, the Class C Certificates, the Class C Interest, the Class P Certificates and the Class P Interest, the corresponding amounts set forth opposite such Class above in the Preliminary Statement.

“Original Mortgage Loan”: Any of the Mortgage Loans included in the Trust Fund as of the Closing Date. The aggregate principal balance of the Original Mortgage Loans as of the Cut-off Date is equal to $569,898,401.16.

“Original Notional Amount”: With respect to the Class C Interest, $569,898,301.16.

“Originator”: Centex Home Equity Company, LLC, a Delaware corporation, or its successor in interest.

“Overcollateralization Deficiency Amount”: With respect to any Distribution Date, the amount, if any, by which the Overcollateralization Target Amount exceeds the Overcollateralized Amount on such Distribution Date (assuming that 100% of the Principal Remittance Amount is applied as a principal distribution on such Distribution Date).

“Overcollateralization Floor”: With respect to the Fixed Rate Certificates and the Floating Rate Certificates, $2,849,492.01.

“Overcollateralization Release Amount”: With respect to any Distribution Date, the lesser of (x) the Principal Remittance Amount for such Distribution Date and (y) the Excess Overcollateralized Amount.

 



 

“Overcollateralization Target Amount”: With respect to any Distribution Date, (i) prior to the Stepdown Date, 1.35% of the aggregate Stated Principal Balance of the Original Mortgage Loans as of the Cut-off Date, (ii) on or after the Stepdown Date provided a Trigger Event is not in effect, the greater of (A) 2.70% of the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the Overcollateralization Floor and (iii) on or after the Stepdown Date if a Trigger Event is in effect, the Overcollateralization Target Amount for the immediately preceding Distribution Date. Notwithstanding the foregoing, on and after any Distribution Date following the reduction of the aggregate Certificate Principal Balance of the Fixed Rate Certificates and the Floating Rate Certificates to zero, the Overcollateralization Target Amount shall be zero.

“Overcollateralized Amount”: For any Distribution Date, the amount equal to (i) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) minus (ii) the sum of the aggregate Certificate Principal Balance of the Fixed Rate Certificates, the Floating Rate Certificates and the Class P Certificates as of such Distribution Date after giving effect to distributions to be made on such Distribution Date.

“Ownership Interest”: As to any Certificate, any ownership or security interest in such Certificate, including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee.

“Pass-Through Rate”: With respect to the Fixed Rate Certificates and any Distribution Date, the lesser of (x) the related fixed rate per annum set forth below for such Distribution Date and (y) the Net WAC Rate for such Distribution Date.

Class

Fixed Rate

(1)

(2)

A-1

4.720% per annum

5.220% per annum

A-2

5.195% per annum

5.695% per annum

A-3

5.322% per annum

5.822% per annum

A-4

5.572% per annum

6.072% per annum

A-5

5.943% per annum

6.443% per annum

A-6

5.592% per annum

6.092% per annum

__________

 

(1)

For the Accrual Period for each Distribution Date on or prior to the Optional Termination Date.

 

(2)

For each other Accrual Period.

With respect to the Floating Rate Certificates and any Distribution Date, the lesser of (x) the related Formula Rate for such Distribution Date and (y) the Net WAC Rate for such Distribution Date.

With respect to the Class C Interest and any Distribution Date, a per annum rate equal to the percentage equivalent of a fraction, the numerator of which is (x) the sum of (i) 100% of the interest on REMIC 1 Regular Interest LTP and (ii) interest on the Uncertificated

 



Balance of each REMIC 1 Regular Interest listed in clause (y) at a rate equal to the related Uncertificated REMIC 1 Pass-Through Rate minus the Marker Rate and the denominator of which is (y) the aggregate Uncertificated Balance of REMIC 1 Regular Interests LTAA, LTA1, LTA2, LTA3, LTA4, LTA5, LTA6, LTM1, LTM2, LTM3, LTM4, LTM5, LTM6, LTM7, LTM8, LTM9, LTM10, LTB1, LTB2 and LTZZ.

With respect to the Class C Certificates, 100% of the interest distributable to the Class C Interest, expressed as a per annum rate.

“Paying Agent”: Any paying agent appointed pursuant to Section 5.05.

“Percentage Interest”: With respect to any Certificate (other than a Residual Certificate), a fraction, expressed as a percentage, the numerator of which is the Initial Certificate Principal Balance represented by such Certificate and the denominator of which is the Original Class Certificate Principal Balance of the related Class. With respect to a Residual Certificate, the portion of the Class evidenced thereby, expressed as a percentage, as stated on the face of such Certificate; provided, however, that the sum of all such percentages for each such Class totals 100%.

“Periodic Rate Cap”: With respect to each Adjustable-Rate Mortgage Loan and any Adjustment Date therefor, the fixed percentage set forth in the related Mortgage Note, which is the maximum amount by which the Mortgage Rate for such Mortgage Loan may increase or decrease (without regard to the Maximum Mortgage Rate or the Minimum Mortgage Rate) on such Adjustment Date from the Mortgage Rate in effect immediately prior to such Adjustment Date.

“Permitted Investments”: Any one or more of the following obligations or securities acquired at a purchase price of not greater than par, regardless of whether issued or managed by the Depositor, the Servicers, the Trustee or any of their respective Affiliates or for which an Affiliate of the Trustee serves as an advisor:

(i)           direct obligations of, or obligations fully guaranteed as to timely payment of principal and interest by, the United States or any agency or instrumentality thereof, provided such obligations are backed by the full faith and credit of the United States;

(ii)           (A) demand and time deposits in, certificates of deposit of, bankers’ acceptances issued by or federal funds sold by any depository institution or trust company (including the Trustee or its agent acting in their respective commercial capacities) incorporated under the laws of the United States of America or any state thereof and subject to supervision and examination by federal and/or state authorities, so long as, at the time of such investment or contractual commitment providing for such investment, such depository institution or trust company (or, if the only Rating Agency is S&P, in the case of the principal depository institution in a depository institution holding company, debt obligations of the depository institution holding company) or its ultimate parent has a short-term uninsured debt rating in one of the two highest available ratings of Moody’s and the highest available rating category of Fitch and S&P and provided that

 



each such investment has an original maturity of no more than 365 days; and provided further that, if the only Rating Agency is S&P and if the depository or trust company is a principal subsidiary of a bank holding company and the debt obligations of such subsidiary are not separately rated, the applicable rating shall be that of the bank holding company; and provided further that, if the original maturity of such short-term obligations of a domestic branch of a foreign depository institution or trust company shall exceed 30 days, the short-term rating of such institution shall be A-1+ in the case of S&P if S&P is the Rating Agency; and (B) any other demand or time deposit or deposit which is fully insured by the FDIC;

(iii)        repurchase obligations with a term not to exceed 30 days with respect to any security described in clause (i) above and entered into with a depository institution or trust company (acting as principal) rated F-1+ or higher by Fitch, P-1 by Moody’s and rated A-1+ or higher by S&P, provided, however, that collateral transferred pursuant to such repurchase obligation must be of the type described in clause (i) above and must (A) be valued daily at current market prices plus accrued interest, (B) pursuant to such valuation, be equal, at all times, to 105% of the cash transferred by the Trustee in exchange for such collateral and (C) be delivered to the Trustee or, if the Trustee is supplying the collateral, an agent for the Trustee, in such a manner as to accomplish perfection of a security interest in the collateral by possession of certificated securities;

(iv)         securities bearing interest or sold at a discount that are issued by any corporation incorporated under the laws of the United States of America or any State thereof and that are rated by a Rating Agency in its highest long-term unsecured rating category at the time of such investment or contractual commitment providing for such investment;

(v)          commercial paper (including both non-interest-bearing discount obligations and interest-bearing obligations payable on demand or on a specified date not more than 30 days after the date of acquisition thereof) that is rated by a Rating Agency in its highest short-term unsecured debt rating available at the time of such investment;

(vi)         units of money market funds, including those money market funds managed or advised by the Trustee or its Affiliates, that have been rated “AAA” by Fitch (if rated by Fitch), “Aaa” by Moody’s and “AAA” by S&P; and

(vii)       if previously confirmed in writing to the Trustee, any other demand, money market or time deposit, or any other obligation, security or investment, as may be acceptable to the Rating Agencies in writing as a permitted investment of funds backing securities having ratings equivalent to its highest initial rating of the Class A Certificates;

provided, that no instrument described hereunder shall evidence either the right to receive (a) only interest with respect to the obligations underlying such instrument or (b) both principal and interest payments derived from obligations underlying such instrument and the interest and principal payments with respect to such instrument provide a yield to maturity at par greater than 120% of the yield to maturity at par of the underlying obligations.

 



 

“Permitted Transferee”: Any transferee of a Residual Certificate other than a Disqualified Organization or a non-U.S. Person.

“Person”: Any individual, corporation, limited liability company, partnership, joint venture, association, joint stock company, trust, unincorporated organization or government or any agency or political subdivision thereof.

“Plan”: Any employee benefit plan or certain other retirement plans and arrangements, including individual retirement accounts and annuities, Keogh plans and bank collective investment funds and insurance company general or separate accounts in which such plans, accounts or arrangements are invested, that are subject to ERISA or Section 4975 of the Code.

“Pool Balance”: As of any date of determination, the aggregate Stated Principal Balance of the Mortgage Loans in the Mortgage Pool as of such date.

“Prepayment Assumption”: As defined in the Prospectus Supplement.

“Prepayment Charge”: With respect to any Mortgage Loan, the charges or premiums, if any, due in connection with a full or partial Principal Prepayment of such Mortgage Loan in accordance with the terms thereof (other than any Servicer Prepayment Charge Payment Amount).

“Prepayment Charge Schedule”: As of any date, the list of Prepayment Charges on the Mortgage Loans included in the Trust Fund on such date, attached hereto as Schedule I (including the prepayment charge summary attached thereto). The Prepayment Charge Schedule shall set forth the following information with respect to each Prepayment Charge:

 

(i)

the Mortgage Loan identifying number;

 

 

(ii)

a code indicating the type of Prepayment Charge;

 

 

(iii)

the state of origination of the related Mortgage Loan;

(iv)         the date on which the first monthly payment was due on the related Mortgage Loan;

 

(v)

the term of the related Prepayment Charge; and

(vi)         the Stated Principal Balance of the related Mortgage Loan as of the Cut-off Date.

“Prepayment Interest Excess”: With respect to any Distribution Date, for each Mortgage Loan that was the subject of a voluntary Principal Prepayment in full on the first day of the calendar month in which such Distribution Date occurs (in the case of the Centex Mortgage Loans) or during the portion of the related Prepayment Period occurring between the first day and the 15th day of the calendar month in which such Distribution Date occurs (in the

 



case of the HomEq Mortgage Loans), an amount equal to interest (to the extent received) at the applicable Net Mortgage Rate on the amount of such Principal Prepayment for the number of days commencing on the first day of the calendar month in which such Distribution Date occurs and ending on the date on which such prepayment is so applied.

“Prepayment Interest Shortfall”: With respect to any Distribution Date, for each Mortgage Loan that was the subject of a Principal Prepayment in full during the portion of the related Prepayment Period occurring from the first day of the related Prepayment Period through the last day of the calendar month preceding the month in which such Distribution Date occurs, an amount equal to interest on the amount of such Principal Prepayment for the number of days commencing on the date such Principal Prepayment was applied and ending on the last day of the calendar month preceding the month in which such Distribution Date occurs.

“Prepayment Period”: With respect to the Centex Mortgage Loans and any Distribution Date, the period commencing on the second day of the month preceding the month in which such Distribution Date occurs and ending on the first day of the month in which such Distribution Date occurs. With respect to the HomEq Mortgage Loans and any Distribution Date and any voluntary Principal Prepayment in full, the period commencing on the 16th day of the calendar month preceding the calendar month in which such Distribution Date (and in the case of the first Distribution Date, commencing on November 1, 2005) occurs and ending on the 15th day of the calendar month in which such Distribution Date occurs and for any Distribution Date and any Principal Prepayment in part or any involuntary Principal Prepayment (i.e., liquidation), the calendar month preceding the month in which such Distribution Date occurs.

“Principal Balance”: As to any Mortgage Loan other than a Liquidated Mortgage Loan, and any day, the related Cut-off Date Principal Balance, minus all collections credited against the Cut-off Date Principal Balance of any such Mortgage Loan. For purposes of this definition, a Liquidated Mortgage Loan shall be deemed to have a Principal Balance equal to the Principal Balance of the related Mortgage Loan as of the final recovery of related Liquidation Proceeds and a Principal Balance of zero thereafter. As to any REO Property and any day, the Principal Balance of the related Mortgage Loan immediately prior to such Mortgage Loan becoming REO Property minus any REO Principal Amortization received with respect thereto on or prior to such day.

“Principal Distribution Amount”: With respect to any Distribution Date, the sum of (i) the Basic Principal Distribution Amount for such Distribution Date and (ii) the Extra Principal Distribution Amount for such Distribution Date.

“Principal Prepayment”: Any payment of principal made by the Mortgagor on a Mortgage Loan which is received in advance of its scheduled Due Date and which is not accompanied by an amount of interest representing the full amount of scheduled interest due on any Due Date in any month or months subsequent to the month of prepayment.

“Principal Remittance Amount”: With respect to any Distribution Date, that portion of Available Funds equal to the sum of (i) each scheduled payment of principal collected or advanced on the Mortgage Loans by the related Servicer that was due during the related Due

 



Period, (ii) the principal portion of all partial and full Principal Prepayments of the Mortgage Loans applied by the related Servicer during the related Prepayment Period, (iii) the principal portion of all related Net Liquidation Proceeds, Insurance Proceeds and Subsequent Recoveries received during the related Prepayment Period, (iv) that portion of the Purchase Price, representing principal of any repurchased Mortgage Loan, deposited in the Collection Account during the related Prepayment Period, (v) the principal portion of any related Substitution Adjustments deposited in the Collection Account during the related Prepayment Period and (vi) on the Distribution Date on which the Trust Fund is to be terminated pursuant to Section 10.01, that portion of the Termination Price, in respect of principal.

“Prospectus Supplement”: That certain Prospectus Supplement dated November 22, 2005 relating to the public offering of the Class A Certificates and the Mezzanine Certificates.

“Purchase Price”: With respect to any Mortgage Loan or REO Property to be purchased by the Seller or either Servicer pursuant to or as contemplated by Section 2.03, Section 3.16(c) or Section 10.01, and as confirmed by an Officers’ Certificate from the party purchasing the Mortgage Loan to the Trustee, an amount equal to the sum of (i) 100% of the Stated Principal Balance thereof as of the date of purchase (or such other price as provided in Section 10.01), (ii) in the case of (x) a Mortgage Loan, accrued interest on such Stated Principal Balance at the applicable Mortgage Rate in effect from time to time from the Due Date as to which interest was last covered by a payment by the Mortgagor or an Advance by the related Servicer, which payment or Advance had as of the date of purchase been distributed pursuant to Section 4.01, through the end of the calendar month in which the purchase is to be effected, and (y) an REO Property, the sum of (1) accrued interest on such Stated Principal Balance at the applicable Mortgage Rate in effect from time to time from the Due Date as to which interest was last covered by a payment by the Mortgagor or an advance by the related Servicer through the end of the calendar month immediately preceding the calendar month in which such REO Property was acquired, plus (2) REO Imputed Interest for such REO Property for each calendar month commencing with the calendar month in which such REO Property was acquired and ending with the calendar month in which such purchase is to be effected, net of the total of all net rental income, Insurance Proceeds, Liquidation Proceeds and Advances that as of the date of purchase had been distributed as or to cover REO Imputed Interest pursuant to Section 4.04, (iii) any unreimbursed Servicing Advances and Advances and any unpaid Servicing Fees allocable to such Mortgage Loan or REO Property, (iv) any amounts previously withdrawn from the related Collection Account in respect of such Mortgage Loan or REO Property pursuant to Section 3.23 and (v) in the case of a Mortgage Loan required to be purchased pursuant to Section 2.03, expenses reasonably incurred or to be incurred by the related Servicer or the Trustee in respect of the breach or defect giving rise to the purchase obligation, including any costs and damages incurred by the Trust Fund in connection with any violation by such loan of any predatory or abusive lending law. With respect to the Originator and any Mortgage Loan or REO Property to be purchased pursuant to or as contemplated by Section 2.03 or 10.01, and as confirmed by a certificate of a Servicing Officer to the Trustee, an amount equal to the amount set forth pursuant to the terms of the Master Agreement.

“Qualified Insurer”: Any insurance company acceptable to Fannie Mae.

 



 

“Qualified Substitute Mortgage Loan”: With respect to the Seller, a mortgage loan substituted for a Deleted Mortgage Loan pursuant to the terms of this Agreement which must, on the date of such substitution, (i) have an outstanding Stated Principal Balance (or in the case of a substitution of more than one mortgage loan for a Deleted Mortgage Loan, an aggregate Stated Principal Balance), after application of all scheduled payments of principal and interest due during or prior to the month of substitution, not in excess of, and not more than 5% less than, the outstanding Stated Principal Balance of the Deleted Mortgage Loan as of the Due Date in the calendar month during which the substitution occurs, (ii) have a Mortgage Rate not less than (and not more than one percentage point in excess of) the Mortgage Rate of the Deleted Mortgage Loan, (iii) if the Qualified Substitute Mortgage Loan is an Adjustable-Rate Mortgage Loan, have a Maximum Mortgage Rate not less than the Maximum Mortgage Rate on the Deleted Mortgage Loan, (iv) if the Qualified Substitute Mortgage Loan is an Adjustable-Rate Mortgage Loan, have a Minimum Mortgage Rate not less than the Minimum Mortgage Rate of the Deleted Mortgage Loan, (v) if the Qualified Substitute Mortgage Loan is an Adjustable-Rate Mortgage Loan, have a Gross Margin equal to or greater than the Gross Margin of the Deleted Mortgage Loan, (vi) if the Qualified Substitute Mortgage Loan is an Adjustable-Rate Mortgage Loan, have a next Adjustment Date not more than two months later than the next Adjustment Date on the Deleted Mortgage Loan, (vii) have a remaining term to maturity not greater than (and not more than one year less than) that of the Deleted Mortgage Loan, (viii) be current as of the date of substitution, (ix) have a Loan-to-Value Ratio as of the date of substitution equal to or lower than the Loan-to-Value Ratio of the Deleted Mortgage Loan as of such date, (x) have a risk grading determined by the Originator at least equal to the risk grading assigned on the Deleted Mortgage Loan, (xi) have been underwritten or reunderwritten by the Originator in accordance with the same underwriting criteria and guidelines as the Deleted Mortgage Loan and (xii) conform to each representation and warranty assigned to the Depositor pursuant to the Assignment Agreement applicable to the Deleted Mortgage Loan. In the event that one or more mortgage loans are substituted for one or more Deleted Mortgage Loans, the amounts described in clause (i) hereof shall be determined on the basis of aggregate Stated Principal Balance, the Mortgage Rates described in clauses (ii) through (vi) hereof shall be satisfied for each such mortgage loan, the risk gradings described in clause (x) hereof shall be satisfied as to each such mortgage loan, the terms described in clause (viii) hereof shall be determined on the basis of weighted average remaining term to maturity (provided that no such mortgage loan may have a remaining term to maturity longer than the Deleted Mortgage Loan), the Loan-to-Value Ratios described in clause (x) hereof shall be satisfied as to each such mortgage loan and, except to the extent otherwise provided in this sentence, the representations and warranties described in clause (xiv) hereof must be satisfied as to each Qualified Substitute Mortgage Loan or in the aggregate, as the case may be. With respect to the Originator, a mortgage loan substituted for a Deleted Mortgage Loan pursuant to the terms of the Master Agreement which must, on the date of such substitution conform to the terms set forth in the Master Agreement.

“Rating Agency or Rating Agencies”: Moody’s, Fitch and S&P or their successors. If such agencies or their successors are no longer in existence, “Rating Agencies” shall be such nationally recognized statistical rating agencies, or other comparable Persons, designated by the Depositor, notice of which designation shall be given to the Trustee and Servicers.

 



 

“Realized Loss”: With respect to any Liquidated Mortgage Loan, the amount of loss realized equal to the portion of the Stated Principal Balance remaining unpaid after application of all Net Liquidation Proceeds in respect of such Mortgage Loan. If the related Servicer receives Subsequent Recoveries with respect to any Mortgage Loan, the amount of the Realized Loss with respect to that Mortgage Loan will be reduced to the extent such recoveries are applied to principal distributions on any Distribution Date.

“Record Date”: With respect to (i) the Fixed Rate Certificates, the Class P Certificates, the Class C Certificates and the Residual Certificates, the Close of Business on the last Business Day of the calendar month preceding the month in which the related Distribution Date occurs and (ii) the Floating Rate Certificates, the Close of Business on the Business Day immediately preceding the related Distribution Date; provided, however, that following the date on which Definitive Certificates for a Floating Rate Certificate are available pursuant to Section 5.02, the Record Date for such Certificates shall be the last Business Day of the calendar month preceding the month in which the related Distribution Date occurs.

“Reference Banks”: Those banks (i) with an established place of business in London, England, (ii) not controlling, under the control of or under common control with the Originator or either Servicer or any Affiliate thereof and (iii) which have been designated as such by the Trustee; provided, however, that if fewer than two of such banks provide a LIBOR rate, then any leading banks selected by the Trustee which are engaged in transactions in United States dollar deposits in the international Eurocurrency market.

“Refinanced Mortgage Loan”: A Mortgage Loan the proceeds of which were not used to purchase the related Mortgaged Property.

“Regular Certificate”: Any of the Fixed Rate Certificates, Floating Rate Certificates, Class C Certificates or Class P Certificates.

“Reimbursement Amount”: As defined in Section 3.29.

“Relief Act”: The Servicemembers Civil Relief Act, as amended, or any similar state or local laws providing for similar relief.

“Relief Act Interest Shortfall”: With respect to any Distribution Date, for any Mortgage Loan with respect to which there has been a reduction in the amount of interest collectible thereon for the most recently ended Due Period as a result of the application of the Relief Act, the amount by which (i) interest collectible on such Mortgage Loan during such Due Period is less than (ii) one month’s interest on the Stated Principal Balance of such Mortgage Loan at the Mortgage Rate for such Mortgage Loan before giving effect to the application of the Relief Act.

“REMIC”: A “real estate mortgage investment conduit” within the meaning of Section 860D of the Code.

“REMIC 1”: The segregated pool of assets subject hereto, constituting the primary trust created hereby and to be administered hereunder, with respect to which a REMIC

 



election is to be made consisting of: (i) such Mortgage Loans as from time to time are subject to this Agreement, together with the Mortgage Files relating thereto, and together with all collections thereon and proceeds thereof, (ii) any REO Property, together with all collections thereon and proceeds thereof, (iii) the Trustee’s rights with respect to the Mortgage Loans under all insurance policies required to be maintained pursuant to this Agreement and any proceeds thereof, (iv) the Depositor’s rights under the Assignment Agreement (including any security interest created thereby) and (v) the Collection Account, the Distribution Account (subject to the last sentence of this definition) and any REO Account and such assets that are deposited therein from time to time and any investments thereof, together with any and all income, proceeds and payments with respect thereto. Notwithstanding the foregoing, however, a REMIC election will not be made with respect to the Net WAC Rate Carryover Reserve Account, the Cap Contract or any Servicer Prepayment Charge Payment Amounts.

“REMIC 1 Interest Loss Allocation Amount”: With respect to any Distribution Date, an amount equal to (a) the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and related REO Properties then outstanding and (ii) the Uncertificated REMIC 1 Pass-Through Rate for REMIC 1 Regular Interest LTAA minus the Marker Rate, divided by (b) 12.

“REMIC 1 Overcollateralization Target Amount”: 1.00% of the Overcollateralization Target Amount.

“REMIC 1 Overcollateralization Amount”: With respect to any date of determination, (i) 1.00% of the aggregate Uncertificated Principal Balance of the REMIC 1 Regular Interests (other than REMIC 1 Regular Interest LTP) minus (ii) the aggregate Uncertificated Principal Balance of REMIC 1 Regular Interest LTA1, REMIC 1 Regular Interest LTA2, REMIC 1 Regular Interest LTA3, REMIC 1 Regular Interest LTA4, REMIC 1 Regular Interest LTA5, REMIC 1 Regular Interest LTA6, REMIC 1 Regular Interest LTM1, REMIC 1 Regular Interest LTM2, REMIC 1 Regular Interest LTM3, REMIC 1 Regular Interest LTM4, REMIC 1 Regular Interest LTM5, REMIC 1 Regular Interest LTM6, REMIC 1 Regular Interest LTM7, REMIC 1 Regular Interest LTM8, REMIC 1 Regular Interest LTM9, REMIC 1 Regular Interest LTM10, REMIC 1 Regular Interest LTB1 and REMIC 1 Regular Interest LTB2, in each case as of such date of determination.

“REMIC 1 Principal Loss Allocation Amount”: With respect to any Distribution Date, an amount equal to the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and related REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the aggregate Uncertificated Principal Balance of REMIC 1 Regular Interest LTA1, REMIC 1 Regular Interest LTA2, REMIC 1 Regular Interest LTA3, REMIC 1 Regular Interest LTA4, REMIC 1 Regular Interest LTA5, REMIC 1 Regular Interest LTA6, REMIC 1 Regular Interest LTM1, REMIC 1 Regular Interest LTM2, REMIC 1 Regular Interest LTM3, REMIC 1 Regular Interest LTM4, REMIC 1 Regular Interest LTM5, REMIC 1 Regular Interest LTM6, REMIC 1 Regular Interest LTM7, REMIC 1 Regular Interest LTM8, REMIC 1 Regular Interest LTM9, REMIC 1 Regular Interest LTM10, REMIC 1 Regular Interest LTB1 and REMIC 1 Regular Interest LTB2 and the denominator of which is the aggregate Uncertificated Principal Balance of REMIC 1 Regular Interest LTA1, REMIC 1 Regular Interest

 



LTA2, REMIC 1 Regular Interest LTA3, REMIC 1 Regular Interest LTA4, REMIC 1 Regular Interest LTA5, REMIC 1 Regular Interest LTA6, REMIC 1 Regular Interest LTM1, REMIC 1 Regular Interest LTM2, REMIC 1 Regular Interest LTM3, REMIC 1 Regular Interest LTM4, REMIC 1 Regular Interest LTM5, REMIC 1 Regular Interest LTM6, REMIC 1 Regular Interest LTM7, REMIC 1 Regular Interest LTM8, REMIC 1 Regular Interest LTM9, REMIC 1 Regular Interest LTM10, REMIC 1 Regular Interest LTB1, REMIC 1 Regular Interest LTB2 and REMIC 1 Regular Interest LTZZ.

“REMIC 1 Regular Interests”: One of the separate non-certificated beneficial ownership interests in REMIC 1 issued hereunder and designated as a Regular Interest in REMIC 1. Each REMIC 1 Regular Interest shall accrue interest at the related Uncertificated REMIC 1 Pass-Through Rate in effect from time to time, and shall be entitled to distributions of principal, subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Principal Balance as set forth in the Preliminary Statement hereto. The following is a list of each of the REMIC 1 Regular Interests: REMIC 1 Regular Interest LTAA, REMIC 1 Regular Interest LTA1, REMIC 1 Regular Interest LTA2, REMIC 1 Regular Interest LTA3, REMIC 1 Regular Interest LTA4, REMIC 1 Regular Interest LTA5, REMIC 1 Regular Interest LTA6, REMIC 1 Regular Interest LTM1, REMIC 1 Regular Interest LTM2, REMIC 1 Regular Interest LTM3, REMIC 1 Regular Interest LTM4, REMIC 1 Regular Interest LTM5, REMIC 1 Regular Interest LTM6, REMIC 1 Regular Interest LTM7, REMIC 1 Regular Interest LTM8, REMIC 1 Regular Interest LTM9, REMIC 1 Regular Interest LTM10, REMIC 1 Regular Interest LTB1, REMIC 1 Regular Interest LTB2, REMIC 1 Regular Interest LTZZ and REMIC 1 Regular Interest LTP.

“REMIC 2”: The segregated pool of assets consisting of all of the REMIC 1 Regular Interests conveyed in trust to the Trustee, for the benefit of the Holders of the Regular Certificates and the Class R Certificates (in respect of the Class R-2 Interest), pursuant to Article II hereunder, and all amounts deposited therein, with respect to which a separate REMIC election is to be made.

“REMIC 3”: The segregated pool of assets consisting of all of the Class C Interest conveyed in trust to the Trustee, for the benefit of the Holders of the Regular Certificates and the Class R-X Certificate (in respect of the Class R-3 Interest), pursuant to Article II hereunder, and all amounts deposited therein, with respect to which a separate REMIC election is to be made.

“REMIC 4”: The segregated pool of assets consisting of all of the Class P Interest conveyed in trust to the Trustee, for the benefit of the Holders of the Regular Certificates and the Class R-X Certificate (in respect of the Class R-4 Interest), pursuant to Article II hereunder, and all amounts deposited therein, with respect to which a separate REMIC election is to be made.

“REMIC Provisions”: Provisions of the federal income tax law relating to real estate mortgage investment conduits which appear at Section 860A through 860G of Subchapter M of Chapter 1 of the Code, and related provisions, and regulations and rulings promulgated thereunder, as the foregoing may be in effect from time to time.

 



 

“Remittance Report”: A report prepared by each Servicer and delivered to the Trustee pursuant to Section 4.04.

“Rents from Real Property”: With respect to any REO Property, gross income of the character described in Section 856(d) of the Code.

“REO Account”: The account or accounts maintained by each Servicer in respect of an REO Property pursuant to Section 3.23.

“REO Disposition”: The sale or other disposition of an REO Property on behalf of the Trust Fund.

“REO Imputed Interest”: As to any REO Property, for any calendar month during which such REO Property was at any time part of the Trust Fund, one month’s interest at the applicable Net Mortgage Rate on the Stated Principal Balance of such REO Property (or, in the case of the first such calendar month, of the related Mortgage Loan if appropriate) as of the Close of Business on the Distribution Date in such calendar month.

“REO Principal Amortization”: With respect to any REO Property, for any calendar month, the excess, if any, of (a) the aggregate of all amounts received in respect of such REO Property during such calendar month, whether in the form of rental income, sale proceeds (including, without limitation, that portion of the Termination Price paid in connection with a purchase of all of the Mortgage Loans and REO Properties pursuant to Section 10.01 that is allocable to such REO Property) or otherwise, net of any portion of such amounts (i) payable pursuant to Section 3.23 in respect of the proper operation, management and maintenance of such REO Property or (ii) payable or reimbursable to the related Servicer pursuant to Section 3.23 for unpaid Servicing Fees in respect of the related Mortgage Loan and unreimbursed Servicing Advances and Advances in respect of such REO Property or the related Mortgage Loan, over (b) the REO Imputed Interest in respect of such REO Property for such calendar month.

“REO Property”: A Mortgaged Property acquired by the related Servicer on behalf of the Trust Fund through foreclosure or deed-in-lieu of foreclosure, as described in Section 3.23.

“Request for Release”: A release signed by a Servicing Officer, in the form of Exhibit E attached hereto.

“Reserve Interest Rate”: With respect to any Interest Determination Date, the rate per annum that the Trustee determines to be either (i) the arithmetic mean (rounded upwards if necessary to the nearest whole multiple of 1/16 of 1%) of the one-month United States dollar lending rates which banks in The City of New York selected by the Depositor are quoting on the relevant Interest Determination Date to the principal London offices of leading banks in the London interbank market or (ii) in the event that the Trustee can determine no such arithmetic mean, in the case of any Interest Determination Date after the initial Interest Determination Date,

 



the lowest one-month United States dollar lending rate which such New York banks selected by the Depositor are quoting on such Interest Determination Date to leading European banks.

“Residential Dwelling”: Any one of the following: (i) a detached one-family dwelling, (ii) a detached two- to four-family dwelling, (iii) a one-family dwelling unit in a Fannie Mae eligible condominium project, (iv) a manufactured home, or (v) a detached one-family dwelling in a planned unit development, none of which is a co-operative or mobile home.

“Residual Certificate”: The Class R Certificates and the Class R-X Certificates.

“Residual Interest”: The sole class of “residual interests” in a REMIC within the meaning of Section 860G(a)(2) of the Code.

“Responsible Officer”: When used with respect to the Trustee, any vice president, any assistant vice president, the Secretary, any assistant secretary, the Treasurer, any assistant treasurer, the Cashier, any assistant cashier, any trust officer or assistant trust officer, the Controller and any assistant controller, in each case, with direct responsibility for the transactions contemplated hereby or any other officer of the Trustee customarily performing functions similar to those performed by any of the above designated officers and, with respect to a particular matter, to whom such matter is referred because of such officer’s knowledge of and familiarity with the particular subject.

“S&P”: Standard & Poor’s Ratings Services, a division of The McGraw-Hill Companies, Inc., or its successor in interest.

“Seller”: Greenwich Capital Financial Products, Inc., a Delaware corporation, in its capacity as assignor under the Assignment Agreement.

“Senior Principal Distribution Amount”: The excess of (x) the aggregate Certificate Principal Balance of the Class A Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 55.20% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) minus the Overcollateralization Floor.

“Servicer”: With respect to the Centex Mortgage Loans, Centex Home Equity Company, LLC, a Delaware limited liability company, or any successor servicer appointed as herein provided, in its capacity as a Servicer hereunder and with respect to the HomEq Mortgage Loans, HomEq Servicing Corporation, a New Jersey corporation, or any successor servicer appointed as herein provided, in its capacity as a Servicer hereunder.

“Servicer Certification”: As defined in Section 3.22(b) hereof.

 



 

“Servicer Event of Termination”: One or more of the events described in Section 7.01.

“Servicer Prepayment Charge Payment Amount”: The amounts payable by the related Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

“Servicer Remittance Date”: With respect to any Distribution Date, the 18th day of the calendar month in which the Distribution Date occurs or, if such 18th day is not a Business Day, the Business Day preceding such 18th day.

“Servicing Advance Reimbursement Amount”: As defined in Section 3.29.

“Servicing Advances”: All customary, reasonable and necessary “out of pocket” costs and expenses (including reasonable attorneys’ fees and expenses) incurred by the related Servicer in the performance of its servicing obligations, including, but not limited to, the cost of (i) the preservation, restoration, inspection and protection of the Mortgaged Property, (ii) any enforcement or judicial proceedings, including foreclosures, (iii) the management and liquidation of the REO Property and (iv) compliance with the obligations under Sections 3.01, 3.09, 3.14, 3.16, and 3.23. Servicing Advances also include any reasonable “out-of-pocket” costs and expenses (including legal fees) incurred by the related Servicer in connection with executing and recording instruments of satisfaction, deeds of reconveyance or Assignments of Mortgage in connection with any foreclosure in respect of any Mortgage Loan to the extent not recovered from the related Mortgagor or otherwise payable under this Agreement. Neither Servicer shall be required to make any Servicing Advance that would be a Nonrecoverable Advance.

“Servicing Fee”: With respect to each Mortgage Loan and for any calendar month, an amount equal to the Servicing Fee Rate accrued for such month (or in the event of any Principal Prepayment in full made by the Mortgagor during such month, the Servicing Fee Rate accrued for the number of days covered by the payment of interest accompanying the Principal Prepayment in full), on the same principal amount on which interest on such Mortgage Loan accrues for such month. A portion of such Servicing Fee may be retained by any Sub-Servicer as its servicing compensation.

“Servicing Fee Rate”: 0.50% per annum.

“Servicing Officer”: Any officer of either Servicer involved in, or responsible for, the administration and servicing of Mortgage Loans, whose name and specimen signature appear on a list of servicing officers furnished by each Servicer to the Trustee and the Depositor on the Closing Date, as such list may from time to time be amended.

“Servicing Standard”: Shall mean the standards set forth in Section 3.01.

“Servicing Transfer Costs”: Shall mean all reasonable costs and expenses incurred by the Trustee in connection with the transfer of servicing from a predecessor servicer, including, without limitation, any reasonable costs or expenses associated with the complete transfer of all servicing data and the completion, correction or manipulation of such servicing data as may be

 



required by the Trustee to correct any errors or insufficiencies in the servicing data or otherwise to enable the Trustee (or any successor servicer appointed pursuant to Section 7.02) to service the Mortgage Loans properly and effectively and any fees associated with MERS.

“Startup Day”: As defined in Section 9.01(b) hereof.

“Stated Principal Balance”: With respect to any Mortgage Loan: (a) as of any date of determination up to but not including the Distribution Date on which the proceeds, if any, of a Liquidation Event with respect to such Mortgage Loan would be distributed, the outstanding principal balance of such Mortgage Loan as of the Cut-off Date as shown in the Mortgage Loan Schedule, minus the sum of (i) the principal portion of each Monthly Payment due on a Due Date subsequent to the Cut-off Date to the extent received from the Mortgagor or advanced by the related Servicer and distributed pursuant to Section 4.01 on or before such date of determination, (ii) all Principal Prepayments received after the Cut-off Date to the extent distributed pursuant to Section 4.01 on or before such date of determination, (iii) all Liquidation Proceeds and Insurance Proceeds to the extent distributed pursuant to Section 4.01 on or before such date of determination, and (iv) any Realized Loss incurred with respect thereto as a result of a Deficient Valuation made during or prior to the Due Period for the most recent Distribution Date coinciding with or preceding such date of determination; and (b) as of any date of determination coinciding with or subsequent to the Distribution Date on which the proceeds, if any, of a Liquidation Event with respect to such Mortgage Loan would be distributed, zero. With respect to any REO Property: (a) as of any date of determination up to but not including the Distribution Date on which the proceeds, if any, of a Liquidation Event with respect to such REO Property would be distributed, an amount (not less than zero) equal to the Stated Principal Balance of the related Mortgage Loan as of the date on which such REO Property was acquired on behalf of the Trust Fund, minus the aggregate amount of REO Principal Amortization in respect of such REO Property for all previously ended calendar months, to the extent distributed pursuant to Section 4.01 on or before such date of determination; and (b) as of any date of determination coinciding with or subsequent to the Distribution Date on which the proceeds, if any, of a Liquidation Event with respect to such REO Property would be distributed, zero.

“Stepdown Date”: The earlier to occur of (i) the first Distribution Date on which the aggregate Certificate Principal Balance of the Class A Certificates has been reduced to zero and (ii) the later to occur of (x) the Distribution Date occurring in December 2008 and (y) the first Distribution Date on which the Credit Enhancement Percentage (calculated for this purpose only after taking into account payments of principal on the Mortgage Loans but prior to distribution of the Principal Distribution Amount to the Certificates then entitled to distributions of principal on such Distribution Date) is equal to or greater than 44.80%.

“Sub-Servicer”: Any Person with which either Servicer has entered into a Sub- Servicing Agreement and which meets the qualifications of a Sub-Servicer pursuant to Section 3.02.

“Sub-Servicing Account”: An account established by a Sub-Servicer which meets the requirements set forth in Section 3.08 and is otherwise acceptable to the related Servicer.

 



 

“Sub-Servicing Agreement”: The written contract between the related Servicer and a Sub-Servicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02.

“Subsequent Recoveries”: As of any Distribution Date, amounts received by the related Servicer (net of any related expenses permitted to be reimbursed pursuant to Section 3.11) specifically related to a Mortgage Loan that was the subject of a liquidation or an REO Disposition prior to the related Prepayment Period that resulted in a Realized Loss.

“Substitution Adjustment”: As defined in Section 2.03(d) hereof.

“Tax Matters Person”: The tax matters person appointed pursuant to Section 9.01(e) hereof.

“Tax Returns”: The federal income tax return on Internal Revenue Service Form 1066, U.S. Real Estate Mortgage Investment Conduit Income Tax Return, including Schedule Q thereto, Quarterly Notice to Residual Interest Holders of the REMIC Taxable Income or Net Loss Allocation, or any successor forms, to be filed by the Trustee on behalf of each REMIC, together with any and all other information reports or returns that may be required to be furnished to the Certificateholders or filed with the Internal Revenue Service or any other governmental taxing authority under any applicable provisions of federal, state or local tax laws.

“Termination Price”: As defined in Section 10.01(a) hereof.

“Terminator”: As defined in Section 10.01(a) hereof.

“Trigger Event”: A Trigger Event is in effect with respect to any Distribution Date on or after the Stepdown Date if:

(a)          the Delinquency Percentage exceeds 35.70% of the Credit Enhancement Percentage; or

(b)          the aggregate amount of Realized Losses incurred since the Cut-off Date through the last day of the related Prepayment Period (reduced by the aggregate amount of Subsequent Recoveries received since the Cut-off Date through the last day of the related Prepayment Period) divided by the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date, exceeds the applicable percentages set forth below with respect to such Distribution Date:

Distribution Date Occurring In

Percentage

December 2007 through November 2008

1.45% for the first month, plus an additional 1/12th of 1.80% for each month thereafter.

December 2008 through November 2009

3.25% for the first month, plus an additional 1/12th of 1.80% for each month thereafter.

December 2009 through November 2010

5.05% for the first month, plus an additional 1/12th of 1.50% for each month thereafter.

December 2010 through November 2011

6.55% for the first month, plus an additional 1/12th of 0.75% for each month thereafter.

December 2011 and thereafter

7.30% for each month.

 

“Trust”: Soundview Home Loan Trust 2005-CTX1, the trust created hereunder.

“Trust Fund”: All of the assets of the Trust, which is the trust created hereunder consisting of REMIC 1, REMIC 2, REMIC 3, REMIC 4, the Net WAC Rate Carryover Reserve Account, the Cap Contract and any Servicer Prepayment Charge Payment Amounts.

“Trustee”: JPMorgan Chase Bank, N.A. a national banking association, or any successor trustee appointed as herein provided.

“Trustee Fee”: The amount payable to the Trustee on each Distribution Date pursuant to Section 8.05 as compensation for all services rendered by it in the execution of the trust hereby created and in the exercise and performance of any of the powers and duties of the Trustee hereunder, which amount shall equal one-twelfth of the product of (i) the Trustee Fee Rate and (ii) the aggregate Stated Principal Balance of the Mortgage Loans and any REO Properties (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period); provided that the Trustee Fee shall not be less than $7,500 per annum.

“Trustee Fee Rate”: 0.0075% per annum.

“Trustee Reimbursable Expenses”: Any amounts reimbursable to the Trustee pursuant to Sections 2.01, 3.06, 7.02 and 8.05 and, if the Trustee is acting as Custodian, any related custodial fees (including all attorney fees and expenses).

“Uncertificated Accrued Interest”: With respect to each REMIC 1 Regular Interest on each Distribution Date, an amount equal to one month’s interest at the related Uncertificated REMIC 1 Pass-Through Rate on the Uncertificated Principal Balance of such REMIC 1 Regular Interest. In each case, Uncertificated Accrued Interest will be reduced by any Net Prepayment Interest Shortfalls and Relief Act Interest Shortfalls (allocated to such REMIC 1 Regular Interests based on their respective entitlements to interest irrespective of any Net Prepayment Interest Shortfalls and Relief Act Interest Shortfalls for such Distribution Date).

“Uncertificated Principal Balance”: With respect to each REMIC 1 Regular Interest, the amount of such REMIC 1 Regular Interest outstanding as of any date of determination. As of the Closing Date, the Uncertificated Principal Balance of each REMIC 1 Regular Interest shall equal the amount set forth in the Preliminary Statement hereto as its initial Uncertificated Principal Balance. On each Distribution Date, the Uncertificated Principal Balance of each REMIC 1 Regular Interest shall be reduced by all distributions of principal

 



made on such REMIC 1 Regular Interest on such Distribution Date pursuant to Section 4.07 and, if and to the extent necessary and appropriate, shall be further reduced on such Distribution Date by Realized Losses as provided in Section 4.07, and the Uncertificated Principal Balance of REMIC 1 Regular Interest LTZZ shall be increased by interest deferrals as provided in Section 4.07. With respect to the Class C Interest as of any date of determination, an amount equal to the excess, if any, of (A) the then aggregate Uncertificated Principal Balance of the REMIC 1 Regular Interests over (B) the then aggregate Certificate Principal Balance of the Fixed Rate Certificates, the Floating Rate Certificates and the Class P Certificates then outstanding. The Uncertificated Principal Balance of each REMIC 1 Regular Interest that has an Uncertificated Principal Balance shall never be less than zero.

“Uncertificated REMIC 1 Pass-Through Rate”: For any Distribution Date and each REMIC 1 Regular Interest, the weighted average of the Adjusted Net Mortgage Rates of the Mortgage Loans, weighted on the basis of the outstanding Stated Principal Balances of the Mortgage Loans as of the first day of the month preceding the month of such Distribution Date.

“Uninsured Cause”: Any cause of damage to a Mortgaged Property such that the complete restoration of such property is not fully reimbursable by the hazard insurance policies required to be maintained pursuant to Section 3.14.

“United States Person” or “U.S. Person”: A citizen or resident of the United States, a corporation, partnership (or other entity treated as a corporation or partnership for United States federal income tax purposes) created or organized in, or under the laws of, the United States, any state thereof, or the District of Columbia (except in the case of a partnership, to the extent provided in Treasury regulations) provided that, for purposes solely of the restrictions on the transfer of Residual Certificates, no partnership or other entity treated as a partnership for United States federal income tax purposes shall be treated as a United States Person unless all persons that own an interest in such partnership either directly or through any entity that is not a corporation for United States federal income tax purposes are required by the applicable operative agreement to be United States Persons, or an estate the income of which from sources without the United States is includible in gross income for United States federal income tax purposes regardless of its connection with the conduct of a trade or business within the United States, or a trust if a court within the United States is able to exercise primary supervision over the administration of the trust and one or more United States persons have authority to control all substantial decisions of the trust. The term “United States” shall have the meaning set forth in Section 7701 of the Code or successor provisions.

“Unpaid Interest Shortfall Amount”: With respect to the Fixed Rate Certificates and the Floating Rate Certificates and (i) the first Distribution Date, zero, and (ii) any Distribution Date after the first Distribution Date, the amount, if any, by which (a) the sum of (1) the Monthly Interest Distributable Amount for such Class for the immediately preceding Distribution Date and (2) the outstanding Unpaid Interest Shortfall Amount, if any, for such Class for such preceding Distribution Date exceeds (b) the aggregate amount distributed on such Class in respect of interest pursuant to clause (a) of this definition on such preceding Distribution Date, plus interest on the amount of interest due but not distributed on the Certificates of such

 



Class on such preceding Distribution Date, to the extent permitted by law, at the Pass-Through Rate for such Class for the related Accrual Period.

“Value”: With respect to any Mortgaged Property, the lesser of (i) the lesser of (a) the value thereof as determined by an appraisal made for the originator of the Mortgage Loan at the time of origination of the Mortgage Loan by an appraiser who met the minimum requirements of Fannie Mae and Freddie Mac, and (b) the value thereof as determined by a review appraisal conducted by the Originator in the event any such review appraisal determines an appraised value ten percent or more lower than the value thereof as determined by the appraisal referred to in clause (i)(a) above and (ii) the purchase price paid for the related Mortgaged Property by the Mortgagor with the proceeds of the Mortgage Loan, provided, however, in the case of a Refinanced Mortgage Loan, such value of the Mortgaged Property is based solely upon the lesser of (1) the value determined by an appraisal made for the Originator of such Refinanced Mortgage Loan at the time of origination of such Refinanced Mortgage Loan by an appraiser who met the minimum requirements of Fannie Mae and Freddie Mac and (2) the value thereof as determined by a review appraisal conducted by the Originator in the event any such review appraisal determines an appraised value ten percent or more lower than the value thereof as determined by the appraisal referred to in clause (ii)(1) above.

“Voting Rights”: The portion of the voting rights of all of the Certificates which is allocated to any Certificate. At all times the Fixed Rate Certificates, the Floating Rate Certificates and the Class C Certificates shall have 98% of the Voting Rights (allocated among the Holders of the Floating Rate Certificates and the Class C Certificates in proportion to the then outstanding Certificate Principal Balances of their respective Certificates), the Class P Certificates shall have 1% of the Voting Rights and the Residual Certificates shall have 1% of the Voting Rights. The Voting Rights allocated to any Class of Certificates (other than the Class P Certificates and the Residual Certificates) shall be allocated among all Holders of each such Class in proportion to the outstanding Certificate Principal Balance of such Certificates and the Voting Rights allocated to the Class P Certificates and the Residual Certificates shall be allocated among all Holders of each such Class in proportion to such Holders’ respective Percentage Interest; provided, however that when none of the Regular Certificates are outstanding, 100% of the Voting Rights shall be allocated among Holders of the Residual Certificates in accordance with such Holders’ respective Percentage Interests in the Certificates of such Class.

 

SECTION 1.02

Accounting.

Unless otherwise specified herein, for the purpose of any definition or calculation, whenever amounts are required to be netted, subtracted or added or any distributions are taken into account such definition or calculation and any related definitions or calculations shall be determined without duplication of such functions.

 

SECTION 1.03

Allocation of Certain Interest Shortfalls.

For purposes of calculating the amount of the Monthly Interest Distributable Amount for the Floating Rate Certificates and the Class C Certificates for any Distribution Date,

 



(1) the aggregate amount of any Net Prepayment Interest Shortfalls and any Relief Act Interest Shortfalls incurred in respect of the Mortgage Loans for any Distribution Date shall be allocated first, among the Class C Certificates on a pro rata basis based on, and to the extent of, one month’s interest at the then applicable Pass-Through Rate on the Notional Amount of each such Certificate and, thereafter, among the Fixed Rate Certificates and the Floating Rate Certificates on a pro rata basis based on, and to the extent of, one month’s interest at the then applicable respective Pass-Through Rate on the respective Certificate Principal Balance of each such Certificate and (2) the aggregate amount of any Realized Losses and Net WAC Rate Carryover Amounts, incurred for any Distribution Date shall be allocated among the Class C Certificates on a pro rata basis based on, and to the extent of, one month’s interest at the then applicable Pass-Through Rate on the Notional Amount of each such Certificate.

For purposes of calculating the amount of Uncertificated Accrued Interest for the REMIC 1 Regular Interests for any Distribution Date, the aggregate amount of any Net Prepayment Interest Shortfalls and any Relief Act Interest Shortfalls incurred in respect of the Mortgage Loans for any Distribution Date shall be allocated among REMIC 1 Regular Interest LTAA, REMIC 1 Regular Interest LTA1, REMIC 1 Regular Interest LTA2, REMIC 1 Regular Interest LTA3, REMIC 1 Regular Interest LTA4, REMIC 1 Regular Interest LTA5, REMIC 1 Regular Interest LTA6, REMIC 1 Regular Interest LTM1, REMIC 1 Regular Interest LTM2, REMIC 1 Regular Interest LTM3, REMIC 1 Regular Interest LTM4, REMIC 1 Regular Interest LTM5, REMIC 1 Regular Interest LTM6, REMIC 1 Regular Interest LTM7, REMIC 1 Regular Interest LTM8, REMIC 1 Regular Interest LTM9, REMIC 1 Regular Interest LTM10, REMIC 1 Regular Interest LTB1, REMIC 1 Regular Interest LTB2 and REMIC 1 Regular Interest LTZZ pro rata based on, and to the extent of, one month’s interest at the then applicable respective Uncertificated REMIC 1 Pass-Through Rate on the respective Uncertificated Principal Balance of each such REMIC 1 Regular Interest.

 



 

ARTICLE II

 

CONVEYANCE OF MORTGAGE LOANS;

ORIGINAL ISSUANCE OF CERTIFICATES

 

SECTION 2.01

Conveyance of Mortgage Loans.

The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey in trust to the Trustee without recourse for the benefit of the Certificateholders all the right, title and interest of the Depositor, including any security interest therein for the benefit of the Depositor, in and to (i) each Mortgage Loan identified on the Mortgage Loan Schedule, including the related Cut-off Date Principal Balance, all interest accruing thereon on and after the Cut-off Date and all collections in respect of interest and principal due after the Cut-off Date; (ii) property which secured each such Mortgage Loan and which has been acquired by foreclosure or deed in lieu of foreclosure; (iii) its interest in any insurance policies in respect of the Mortgage Loans; (iv) the rights of the Depositor under the Master Agreement (as assigned to the Depositor pursuant to the terms of the Assignment Agreement), (v) the right to receive any amounts payable under the Cap Contract, (vi) all other assets included or to be included in the Trust Fund and (vii) all proceeds of any of the foregoing. Such assignment includes all interest and principal due and collected by the Depositor or the Servicer after the Cut-off Date with respect to the Mortgage Loans.

In connection with such transfer and assignment, the Depositor, does hereby deliver to and deposit with the Trustee, or the Custodian, the following documents or instruments with respect to each Original Mortgage Loan so transferred and assigned, the following documents or instruments (with respect to each Mortgage Loan, a “Mortgage File”):

(i)           the original Mortgage Note, endorsed either (A) in blank or (B) in the following form: “Pay to the order of JPMorgan Chase Bank, N.A. as Trustee, without recourse” or with respect to any lost Mortgage Note, an original Lost Note Affidavit stating that the original mortgage note was lost, misplaced or destroyed, together with a copy of the related mortgage note; provided, however, that such substitutions of Lost Note Affidavits for original Mortgage Notes may occur only with respect to Mortgage Loans, the aggregate Cut-off Date Principal Balance of which is less than or equal to 1.00% of the Pool Balance as of the Cut-off Date;

(ii)          the original Mortgage (noting the presence of the MIN of the Mortgage Loan and language indicating that the Mortgage Loan is a MOM Loan if the Mortgage Loan is a MOM Loan), with evidence of recording thereon, and the original recorded power of attorney, if the Mortgage was executed pursuant to a power of attorney, with evidence of recording thereon or, if such Mortgage or power of attorney has been submitted for recording but has not been returned from the applicable public recording office, has been lost or is not otherwise available, a copy of such Mortgage or power of attorney, as the case may be, certified to be a true and complete copy of the original submitted for recording;

 



 

(iii)        unless the Mortgage Loan is registered on the MERS® System, an original Assignment, in form and substance acceptable for recording. The Mortgage shall be assigned either (A) in blank or (B) to “JPMorgan Chase Bank, N.A. as Trustee, without recourse”

(iv)         an original of any intervening assignment of Mortgage showing a complete chain of assignments (or to MERS if the Mortgage Loan is registered on the MERS® System and noting the presence of MIN);

 

(v)

the original or a certified copy of lender’s title insurance policy; and

(vi)         the original or copies of each assumption, modification, written assurance or substitution agreement, if any.

The Depositor herewith also delivers to the Trustee an executed copy of the Assignment Agreement and the Master Agreement.

If any of the documents referred to in Section 2.01(ii), (iii) or (iv) above has as of the Closing Date been submitted for recording but either (x) has not been returned from the applicable public recording office or (y) has been lost or such public recording office has retained the original of such document, the obligations of the Depositor to deliver such documents shall be deemed to be satisfied upon (1) delivery to the Trustee or the Custodian no later than the Closing Date, of a copy of each such document certified by the Originator in the case of (x) above or the applicable public recording office in the case of (y) above to be a true and complete copy of the original that was submitted for recording and (2) if such copy is certified by the Originator, delivery to the Trustee or the Custodian, promptly upon receipt thereof of either the original or a copy of such document certified by the applicable public recording office to be a true and complete copy of the original. If the original lender’s title insurance policy, or a certified copy thereof, was not delivered pursuant to Section 2.01(v) above, the Depositor shall deliver or cause to be delivered to the Trustee or the Custodian, the original or a copy of a written commitment or interim binder or preliminary report of title issued by the title insurance or escrow company, with the original or a certified copy thereof to be delivered to the Trustee or the Custodian, promptly upon receipt thereof. The Servicer or the Depositor shall deliver or cause to be delivered to the Trustee or the Custodian promptly upon receipt thereof any other documents constituting a part of a Mortgage File received with respect to any Mortgage Loan, including, but not limited to, any original documents evidencing an assumption or modification of any Mortgage Loan.

Upon discovery or receipt of notice of any materially defective document in, or that a document is missing from, a Mortgage File, the Trustee shall enforce the obligations of the Originator under the Master Agreement to cure such defect or deliver such missing document to the Trustee or the Custodian within 120 days. If the Originator does not cure such defect or deliver such missing document within such time period, the Trustee shall enforce the obligations of the Originator under the Master Agreement to either repurchase or substitute for such Mortgage Loan in accordance with Section 2.03.

 



 

Except with respect to any Mortgage Loan for which MERS is identified on the Mortgage, the Trustee shall enforce the obligations of the Originator under the Master Agreement to cause the Assignments which were delivered in blank to be completed and to record all Assignments referred to in Section 2.01(iii) hereof and, to the extent necessary, in Section 2.01(iv) hereof. The Trustee shall enforce the obligations of the Originator under the Master Agreement to deliver such assignments for recording within 180 days of the Closing Date. In the event that any such Assignment is lost or returned unrecorded because of a defect therein, the Trustee shall enforce the obligations of the Originator under the Master Agreement to promptly have a substitute Assignment prepared or have such defect cured, as the case may be, and thereafter cause each such Assignment to be duly recorded.

Notwithstanding the foregoing, for administrative convenience and facilitation of servicing and to reduce closing costs, the Assignments of Mortgage shall not be required to be submitted for recording (except with respect to any Mortgage Loan located in Maryland) unless the Trustee and the Depositor receives written notice that such failure to record would result in a withdrawal or a downgrading by any Rating Agency of the rating on any Class of Certificates; provided, however, each Assignment, except with respect to any Mortgage Loan for which MERS is identified on the Mortgage, shall be submitted for recording by the Originator in the manner described above, at no expense to the Trust Fund or Trustee, upon the earliest to occur of: (i) reasonable direction by the Holders of Certificates entitled to at least 25% of the Voting Rights, (ii) the occurrence of a Servicer Event of Termination (in which case the Assignments for the Mortgage Loans serviced by the related Servicer shall be recorded), (iii) the occurrence of a bankruptcy, insolvency or foreclosure relating to the Seller and (iv) the occurrence of a servicing transfer as described in Section 7.02 hereof. In addition to the foregoing, the related Servicer shall cause each Assignment of Mortgage to be recorded in accordance with customary servicing practices in order to convey, upon foreclosure, the title of any Mortgaged Property to the Trust as set forth in Section 3.23 hereof. In the event of (i) through (iv) set forth above, the Trustee shall enforce the obligations of the Originator to deliver such Assignments for recording as provided above, promptly and in any event within 30 days following receipt of notice by the Originator from the Trustee. Notwithstanding the foregoing, if the Originator fails to pay the cost of recording the Assignments, such expense will be paid by the Trustee and the Trustee shall be reimbursed for such expenses by the Trust.

In connection with the assignment of any Mortgage Loan registered on the MERS® System, the Depositor further agrees that it will cause, within 30 Business Days after the Closing Date, the MERS® System to indicate that such Mortgage Loans have been assigned by the Depositor to the Trustee in accordance with this Agreement for the benefit of the Certificateholders by including (or deleting, in the case of Mortgage Loans which are repurchased in accordance with this Agreement) in such computer files (a) the code in the field which identifies the specific Trustee and (b) the code in the field “Pool Field” which identifies the series of the Certificates issued in connection with such Mortgage Loans. The Depositor further agrees that it will not, and will not permit either Servicer to, and each Servicer agrees that it will not, alter the codes referenced in this paragraph with respect to any Mortgage Loan during the term of this Agreement unless and until such Mortgage Loan is repurchased in accordance with the terms of this Agreement.

 



 

Each Servicer shall forward to the Custodian original documents evidencing an assumption, modification, consolidation or extension of any Mortgage Loan entered into in accordance with this Agreement within two weeks of their execution; provided, however, that the related Servicer shall provide the Custodian with a certified true copy of any such document submitted for recordation within two weeks of its execution, and shall provide the original of any document submitted for recordation or a copy of such document certified by the appropriate public recording office to be a true and complete copy of the original within 365 days of its submission for recordation. In the event that the related Servicer cannot provide a copy of such document certified by the public recording office within such 365 day period, such Servicer shall deliver to the Custodian, within such 365 day period, an Officers’ Certificate of the Servicer which shall (A) identify the recorded document, (B) state that the recorded document has not been delivered to the Custodian due solely to a delay caused by the public recording office, (C) state the amount of time generally required by the applicable recording office to record and return a document submitted for recordation, if known and (D) specify the date the applicable recorded document is expected to be delivered to the Custodian, and, upon receipt of a copy of such document certified by the public recording office, the Servicer shall immediately deliver such document to the Custodian. In the event the appropriate public recording office will not certify as to the accuracy of such document, the related Servicer shall deliver a copy of such document certified by an officer of such Servicer to be a true and complete copy of the original to the Custodian.

The Depositor shall deliver or cause the Originator or the Trustee to deliver (by regular mail) to the related Servicer copies of all trailing documents required to be included in the Mortgage File at the same time the originals or certified copies thereof are delivered to the Trustee or the Custodian, such documents including but not limited to the mortgagee policy of title insurance and any mortgage loan documents upon return from the recording office. Except as provided in Section 3.17, the related Servicer shall not be responsible for any custodian fees or other costs incurred in obtaining such documents or for any such costs it may incur in connection with performing its obligations pursuant to this Agreement.

The Depositor hereby directs the Trustee to execute, deliver and perform its obligations under the Cap Contract on the Closing Date and thereafter on behalf of the Holders of the Floating Rate Certificates. The Depositor, the Servicers and the Holders of the Floating Rate Certificates by their acceptance of such Certificates acknowledge and agree that the Trustee shall execute, deliver and perform its obligations under the Cap Contract and shall do so solely in its capacity as Trustee of the Trust Fund and not in its individual capacity.

The parties hereto understand and agree that it is not intended that any Mortgage Loan be included in the Trust that is a high-cost home loan as defined by the Homeownership and Equity Protection Act of 1994 or any other applicable predatory or abusive lending laws.

 

SECTION 2.02

Acceptance by Trustee.

Subject to the provisions of Section 2.01 and subject to the review described below and any exceptions noted on the exception report described in the next paragraph below, the Trustee acknowledges receipt of the documents referred to in Section 2.01 above and all

 



other assets included in the definition of “Trust Fund” and declares that it holds and will hold such documents and the other documents delivered to it constituting a Mortgage File, and that it holds or will hold all such assets and such other assets included in the definition of “Trust Fund” in trust for the exclusive use and benefit of all present and future Certificateholders.

The Trustee agrees to execute and deliver (or cause the Custodian to execute and deliver) to the Depositor and the Servicers on or prior to the Closing Date an acknowledgment of receipt of either (i) the related original Mortgage Note or (ii) a Lost Note Affidavit, for each Mortgage Loan (with any exceptions noted), substantially in the form attached as Exhibit F-3 hereto.

The Trustee agrees, for the benefit of the Certificateholders, to review, or that it has reviewed pursuant to Section 2.01 (or to cause the Custodian to review or that it has caused the Custodian to have reviewed) each Mortgage File within 45 days of the Closing Date (or, with respect to any document delivered after the Startup Day, within 45 days of receipt and with respect to any Qualified Substitute Mortgage Loan, within 45 days after the assignment thereof). The Trustee further agrees, for the benefit of the Certificateholders, to certify or cause the Custodian to certify to the Depositor and the related Servicer in substantially the form attached hereto as Exhibit F-1, within 45 days of the Closing Date (or, with respect to any document delivered after the Startup Day, within 45 days of receipt and with respect to any Qualified Substitute Mortgage Loan, within 45 days after the assignment thereof) that, as to each Mortgage Loan listed in the Mortgage Loan Schedule (other than any Mortgage Loan paid in full or any Mortgage Loan specifically identified in the exception report annexed thereto as not being covered by such certification), (i) all documents required to be delivered to it pursuant Section 2.01 (other than Section 2.01(vi)) of this Agreement and if actually delivered to it, the documents required to be delivered to it pursuant to Section 2.01(vi) of this Agreement are in its possession, (ii) such documents have been reviewed by it and appear regular on their face and relate to such Mortgage Loan and (iii) based on its examination of the foregoing documents, the information set forth in the Mortgage Loan Schedule that corresponds to items (1), (3), (10), (11), (12), (18), (24) and (25, but only as to Gross Margin, Maximum Mortgage Rate and Periodic Rate Cap) of the Mortgage Loan Schedule accurately reflects information set forth in the Mortgage File. It is herein acknowledged that, in conducting such review, the Trustee (or the Custodian, as applicable) is under no duty or obligation to inspect, review or examine any such documents, instruments, certificates or other papers to determine that they are recordable or genuine, legally enforceable, valid or binding or appropriate for the represented purpose or that they have actually been recorded or that they are other than what they purport to be on their face.

No later than the first anniversary date of this Agreement, or the following Business Day if such first anniversary date is not a Business Day, the Trustee shall deliver (or cause the Custodian to deliver) to the Depositor and the Servicers a final certification in the form annexed hereto as Exhibit F-2, with any applicable exceptions noted thereon.

If in the process of reviewing the Mortgage Files and making or preparing, as the case may be, the certifications referred to above, the Trustee (or the Custodian, as applicable) finds any document or documents constituting a part of a Mortgage File to be missing or defective in any material respect, at the conclusion of its review the Trustee shall so notify the

 



Originator, the Depositor and the related Servicer. In addition, upon the discovery by the Depositor or the related Servicer (or upon receipt by the Trustee of written notification of such breach) of a breach of any of the representations and warranties made by the Originator in the Master Agreement or the Seller in the Assignment Agreement in respect of any Mortgage Loan which materially adversely affects such Mortgage Loan or the interests of the related Certificateholders in such Mortgage Loan, the party discovering such breach shall give prompt written notice to the other parties to this Agreement.

The Depositor and the Trustee intend that the assignment and transfer herein contemplated constitute a sale of the Mortgage Loans, the related Mortgage Notes and the related documents, conveying good title thereto free and clear of any liens and encumbrances, from the Depositor to the Trustee in trust for the benefit of the Certificateholders and that such property not be part of the Depositor’s estate or property of the Depositor in the event of any insolvency by the Depositor. In the event that such conveyance is deemed to be, or to be made as security for, a loan, the parties intend that the Depositor shall be deemed to have granted and does hereby grant to the Trustee a first priority perfected security interest in all of the Depositor’s right, title and interest in and to the Mortgage Loans, the related Mortgage Notes and the related documents, and that this Agreement shall constitute a security agreement under applicable law.

 

SECTION 2.03

Repurchase or Substitution of Mortgage Loans by an Originator or the Seller.

(a)          Upon discovery or receipt of written notice of any materially defective document in, or that a document is missing from, a Mortgage File or of the breach by the Originator or the Seller, as applicable, of any representation, warranty or covenant under the Master Agreement or the Assignment Agreement, as applicable, in respect of any Mortgage Loan which materially adversely affects the value of such Mortgage Loan or the interest therein of the Certificateholders, the Trustee shall promptly notify the Originator or the Seller, as applicable, of such defect, missing document or breach and request that the Originator deliver such missing document or cure such defect or that the Originator or the Seller, as applicable, cure such breach within 120 days from the date the Originator or the Seller, as applicable, was notified of such missing document, defect or breach, and if the Originator does not deliver such missing document or cure such defect or if the Originator or the Seller, as applicable, does not cure such breach in all material respects during such period, the Trustee shall enforce the Originator’s obligation under the Master Agreement or the Seller’s obligation under the Assignment Agreement and notify the Originator or the Seller, as applicable, of its obligation to repurchase such Mortgage Loan from the Trust Fund at the Purchase Price on or prior to the Determination Date following the expiration of such 120 day period (subject to Section 2.03(e)); provided that, in connection with any such breach that could not reasonably have been cured within such 120 day period, if the Originator or the Seller, as applicable, has commenced to cure such breach within such 120 day period, the Originator or the Seller, as applicable, shall be permitted to proceed thereafter diligently and expeditiously to cure the same within the additional period provided under the Assignment Agreement. Notwithstanding the foregoing, to the extent of a breach by the Originator and the Seller of any representation, warranty or covenant under the Assignment Agreement in respect of any Mortgage Loan which materially adversely affects the value of such Mortgage Loan or the interest therein of the

 



Certificateholders, the Trustee shall first request that the Originator cure such breach or repurchase such Mortgage Loan and if the Originator fails to cure such breach or repurchase such Mortgage Loan within 60 days of receipt of such request from the Trustee, the Trustee shall then request that the Seller cure such breach or repurchase such Mortgage Loan.

The Purchase Price for the repurchased Mortgage Loan shall be remitted to the related Servicer for deposit in the related Collection Account, and the Trustee, upon receipt of written certification from such Servicer of such deposit, shall release to the Originator or the Seller, as applicable, the related Mortgage File and shall execute and deliver such instruments of transfer or assignment, in each case without recourse, representation or warranty, as the Originator or the Seller, as applicable, shall furnish to it and as shall be necessary to vest in the Originator or the Seller, as applicable, any Mortgage Loan released pursuant hereto and the Trustee shall have no further responsibility with regard to such Mortgage File (it being understood that the Trustee shall have no responsibility for determining the sufficiency of such assignment for its intended purpose). In lieu of repurchasing any such Mortgage Loan as provided above, the Originator or the Seller, as applicable, may cause such Mortgage Loan to be removed from the Trust Fund (in which case it shall become a Deleted Mortgage Loan) and substitute one or more Qualified Substitute Mortgage Loans in the manner and subject to the limitations set forth in Section 2.03(d); provided, however, the Originator or the Seller, as applicable, may not substitute for any Mortgage Loan which breaches a representation or warranty regarding abusive or predatory lending laws. It is understood and agreed that the obligation of the Originator or the Seller, as applicable, to cure or to repurchase (or to substitute for) any Mortgage Loan as to which a document is missing, a material defect in a constituent document exists or as to which such a breach has occurred and is continuing shall constitute the sole remedy against the Originator or the Seller, as applicable, respecting such omission, defect or breach available to the Trustee on behalf of the Certificateholders.

(b)          Within 90 days of the earlier of discovery by the Depositor or receipt of notice by the Depositor of the breach of any representation, warranty or covenant of the Depositor set forth in Section 2.06, which materially and adversely affects the interests of the Certificateholders in any Mortgage Loan, the Depositor shall cure such breach in all material respects.

(c)          Within 90 days of the earlier of discovery by either Servicer or receipt of notice by the Servicer of the breach of any representation, warranty or covenant of such Servicer set forth in Section 2.05 which materially and adversely affects the interests of the Certificateholders in any Mortgage Loan, the related Servicer shall cure such breach in all material respects.

(d)          Any substitution of Qualified Substitute Mortgage Loans for Deleted Mortgage Loans made pursuant to Section 2.03(a) must be effected prior to the last Business Day that is within two years after the Closing Date. As to any Deleted Mortgage Loan for which the Originator or the Seller, as applicable, substitutes a Qualified Substitute Mortgage Loan or Loans, such substitution shall be effected by the Originator or the Seller, as applicable, delivering to the Trustee, for such Qualified Substitute Mortgage Loan or Loans, the Mortgage Note, the Mortgage and the Assignment to the Trustee, and such other documents and

 



agreements, with all necessary endorsements thereon, as are required by Section 2.01, together with an Officers’ Certificate providing that each such Qualified Substitute Mortgage Loan satisfies the definition thereof and specifying the Substitution Adjustment (as described below), if any, in connection with such substitution. The Trustee shall acknowledge receipt for such Qualified Substitute Mortgage Loan or Loans and, within 45 days thereafter, shall review such documents as specified in Section 2.02 and deliver to the Depositor and the related Servicer, with respect to such Qualified Substitute Mortgage Loan or Loans, a certification substantially in the form attached hereto as Exhibit F-1, with any applicable exceptions noted thereon. Within one year of the date of substitution, the Trustee shall deliver to the Depositor and the related Servicer a certification substantially in the form of Exhibit F-2 hereto with respect to such Qualified Substitute Mortgage Loan or Loans, with any applicable exceptions noted thereon. Monthly Payments due with respect to Qualified Substitute Mortgage Loans in the month of substitution are not part of the Trust Fund and will be retained by the Originator or the Seller, as applicable. For the month of substitution, distributions to Certificateholders will reflect the collections and recoveries in respect of such Deleted Mortgage Loan in the Due Period preceding the month of substitution and the Originator or the Seller, as applicable, shall thereafter be entitled to retain all amounts subsequently received in respect of such Deleted Mortgage Loan. The Originator or the Seller, as applicable, shall give or cause to be given written notice to the Trustee, who shall forward such notice to the Certificateholders, that such substitution has taken place, shall amend the Mortgage Loan Schedule to reflect the removal of such Deleted Mortgage Loan from the terms of this Agreement and the substitution of the Qualified Substitute Mortgage Loan or Loans and shall deliver a copy of such amended Mortgage Loan Schedule to the Trustee. Upon such substitution by the Originator or the Seller, as applicable, such Qualified Substitute Mortgage Loan or Loans shall constitute part of the Mortgage Pool and shall be subject in all respects to the terms of this Agreement and the Assignment Agreement, including all applicable representations and warranties thereof included in the Assignment Agreement as of the date of substitution.

For any month in which the Originator or the Seller, as applicable, substitutes one or more Qualified Substitute Mortgage Loans for one or more Deleted Mortgage Loans, the related Servicer will determine the amount (the “Substitution Adjustment”), if any, by which the aggregate Purchase Price of all such Deleted Mortgage Loans exceeds the aggregate, as to each such Qualified Substitute Mortgage Loan, of the Stated Principal Balance thereof as of the date of substitution, together with one month’s interest on such Stated Principal Balance at the applicable Mortgage Rate. On the date of such substitution, the Originator or the Seller, as applicable, will deliver or cause to be delivered to the related Servicer for deposit in the related Collection Account an amount equal to the Substitution Adjustment, if any, and the Trustee, upon receipt of the related Qualified Substitute Mortgage Loan or Loans and certification by the related Servicer of such deposit, shall release to the Originator or the Seller, as applicable, the related Mortgage File or Files and shall execute and deliver such instruments of transfer or assignment, in each case without recourse, representation or warranty, as the Originator or the Seller, as applicable, shall deliver to it and as shall be necessary to vest therein any Deleted Mortgage Loan released pursuant hereto.

In addition, the Originator or the Seller, as applicable, shall obtain at its own expense and deliver to the Trustee an Opinion of Counsel to the effect that such substitution will

 



not cause (a) any federal tax to be imposed on the Trust Fund, including without limitation, any federal tax imposed on “prohibited transactions” under Section 860F(a)(I) of the Code or on “contributions after the startup date” under Section 860G(d)(I) of the Code or (b) any REMIC to fail to qualify as a REMIC at any time that any Certificate is outstanding. If such Opinion of Counsel can not be delivered, then such substitution may only be effected at such time as the required Opinion of Counsel can be given.

(e)          Upon discovery by the Depositor, either Servicer or the Trustee that any Mortgage Loan does not constitute a “qualified mortgage” within the meaning of Section 860G(a)(3) of the Code, the party discovering such fact shall within two Business Days give written notice thereof to the other parties hereto. In connection therewith, the Originator or the Depositor, as the case may be, shall repurchase or, subject to the limitations set forth in Section 2.03(d), substitute one or more Qualified Substitute Mortgage Loans for the affected Mortgage Loan within 90 days of the earlier of discovery or receipt of such notice with respect to such affected Mortgage Loan. Such repurchase or substitution shall be made (i) by the Originator if the affected Mortgage Loan’s status as a non-qualified mortgage is or results from a breach of any representation, warranty or covenant made by the Originator under the Assignment Agreement or (ii) the Depositor, if the affected Mortgage Loan’s status as a non-qualified mortgage is a breach of any representation or warranty of the Depositor set forth in Section 2.06, or if its status as a non-qualified mortgage is a breach of no representation or warranty. Any such repurchase or substitution shall be made in the same manner as set forth in Section 2.03(a) or 2.03(d), if made by the Originator, or Section 2.03(b), if made by the Depositor. The Trustee shall reconvey to the Depositor or the Originator, as the case may be, the Mortgage Loan to be released pursuant hereto in the same manner, and on the same terms and conditions, as it would a Mortgage Loan repurchased for breach of a representation or warranty.

 

SECTION 2.04

Intentionally Omitted.

 

SECTION 2.05

Representations, Warranties and Covenants of the Servicers.

Each Servicer, as to itself only, hereby represents, warrants and covenants to the Trustee, for the benefit of each of the Trustee and the Certificateholders, and to the Depositor, that as of the Closing Date or as of such date specifically provided herein:

(i)           Such Servicer is duly organized, validly existing, and in good standing under the laws of the jurisdiction of its formation or incorporation, as applicable, and has all licenses necessary to carry on its business as now being conducted and is licensed, qualified and in good standing in the states where the Mortgaged Property is located (or is otherwise exempt under applicable law from such qualification) if the laws of such state require licensing or qualification in order to conduct business of the type conducted by such Servicer or to ensure the enforceability or validity of each Mortgage Loan; such Servicer has the power and authority to execute and deliver this Agreement and to perform in accordance herewith; the execution, delivery and performance of this Agreement (including all instruments of transfer to be delivered pursuant to this Agreement) and all documents and instruments contemplated hereby which are executed and delivered by such Servicer and the consummation of the transactions contemplated

 



hereby have been duly and validly authorized; this Agreement and all documents and instruments contemplated hereby which are executed and delivered by such Servicer, assuming due authorization, execution and delivery by the other parties hereto, evidences the valid, binding and enforceable obligation of such Servicer, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally; and all requisite corporate action has been taken by such Servicer to make this Agreement and all documents and instruments contemplated hereby which are executed and delivered by such Servicer valid and binding upon such Servicer in accordance with its terms;

(ii)          The consummation of the transactions contemplated by this Agreement are in the ordinary course of business of such Servicer and will not result in the material breach of any term or provision of the certificate of formation or limited liability company agreement (in the case of Centex Home Equity Compan, LLC) or certificate of incorporation of bylaws (in the case of HomEq Servicing Corporation) of such Servicer or result in the breach of any term or provision of, or conflict with or constitute a default under or result in the acceleration of any obligation under, any agreement, indenture or loan or credit agreement or other instrument to which such Servicer or its property is subject, or result in the violation of any law, rule, regulation, order, judgment or decree to which such Servicer or its property is subject;

(iii)        The execution and delivery of this Agreement by such Servicer and the performance and compliance with its obligations and covenants hereunder do not require the consent or approval of any governmental authority or, if such consent or approval is required, it has been obtained;

 

(iv)

[Reserved];

(v)          Such Servicer does not believe, nor does it have any reason or cause to believe, that it cannot perform each and every covenant contained in this Agreement;

(vi)         There is no action, suit, proceeding or investigation pending or, to its knowledge, threatened against such Servicer that, either individually or in the aggregate, (A) may result in any change in the business, operations, financial condition, properties or assets of such Servicer that might prohibit or materially and adversely affect the performance by such Servicer of its obligations under, or the validity or enforceability of, this Agreement, or (B) may result in any material impairment of the right or ability of such Servicer to carry on its business substantially as now conducted, or (C) would draw into question the validity or enforceability of this Agreement or of any action taken or to be taken in connection with the obligations of such Servicer contemplated herein, or (D) would otherwise be likely to impair materially the ability of such Servicer to perform under the terms of this Agreement;

(vii)       Neither this Agreement nor any information, certificate of an officer, statement furnished in writing or report delivered to the Trustee by such Servicer in

 



connection with the transactions contemplated hereby contains any untrue statement of a material fact;

(viii)      Such Servicer will not waive any Prepayment Charge unless it is waived in accordance with the standard set forth in Section 3.01; and

(ix)         Such Servicer has accurately and fully reported, and will continue to accurately and fully report on a monthly basis, its borrower credit files for the Mortgage Loans to each of the three national credit repositories in a timely manner.

It is understood and agreed that the representations, warranties and covenants set forth in this Section 2.05 shall survive delivery of the Mortgage Files to the Trustee and shall inure to the benefit of the Trustee, the Depositor and the Certificateholders. Upon discovery by any of the Depositor, either Servicer or the Trustee of a breach of any of the foregoing representations, warranties and covenants which materially and adversely affects the value of any Mortgage Loan, Prepayment Charge or the interests therein of the Certificateholders, the party discovering such breach shall give prompt written notice (but in no event later than two Business Days following such discovery) to the related Servicer and the Trustee. Notwithstanding the foregoing, within 90 days of the earlier of discovery by the related Servicer or receipt of notice by the Servicer of the breach of the representation or covenant of the related Servicer set forth in Section 2.05(viii) above which materially and adversely affects the interests of the Holders of the Class P Certificates in any Prepayment Charge, the related Servicer must pay the amount of such waived Prepayment Charge, for the benefit of the Holders of the Class P Certificates, by depositing such amount into its Collection Account. The foregoing shall not, however, limit any remedies available to the Certificateholders, the Depositor or the Trustee on behalf of the Certificateholders, pursuant to the Master Agreement respecting a breach of the representations, warranties and covenants of the Originator.

 

SECTION 2.06

Representations and Warranties of the Depositor.

The Depositor represents and warrants to the Trust, the Servicers and the Trustee on behalf of the Certificateholders as follows:

(i)           This agreement constitutes a legal, valid and binding obligation of the Depositor, enforceable against the Depositor in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect affecting the enforcement of creditors’ rights in general and except as such enforceability may be limited by general principles of equity (whether considered in a proceeding at law or in equity);

(ii)           Immediately prior to the sale and assignment by the Depositor to the Trustee on behalf of the Trust of each Mortgage Loan, the Depositor had good and marketable title to each Mortgage Loan (insofar as such title was conveyed to it by the Seller) subject to no prior lien, claim, participation interest, mortgage, security interest, pledge, charge or other encumbrance or other interest of any nature;

 



 

(iii)        As of the Closing Date, the Depositor has transferred all right, title and interest in the Mortgage Loans to the Trustee on behalf of the Trust;

(iv)         The Depositor has not transferred the Mortgage Loans to the Trustee on behalf of the Trust with any intent to hinder, delay or defraud any of its creditors;

(v)          The Depositor has been duly incorporated and is validly existing as a corporation in good standing under the laws of Delaware, with full corporate power and authority to own its assets and conduct its business as presently being conducted;

(vi)         The Depositor is not in violation of its articles of incorporation or by-laws or in default in the performance or observance of any material obligation, agreement, covenant or condition contained in any contract, indenture, mortgage, loan agreement, note, lease or other instrument to which the Depositor is a party or by which it or its properties may be bound, which default might result in any material adverse changes in the financial condition, earnings, affairs or business of the Depositor or which might materially and adversely affect the properties or assets, taken as a whole, of the Depositor;

(vii)       The execution, delivery and performance of this Agreement by the Depositor, and the consummation of the transactions contemplated thereby, do not and will not result in a material breach or violation of any of the terms or provisions of, or, to the knowledge of the Depositor, constitute a default under, any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which the Depositor is a party or by which the Depositor is bound or to which any of the property or assets of the Depositor is subject, nor will such actions result in any violation of the provisions of the articles of incorporation or by-laws of the Depositor or, to the best of the Depositor’s knowledge without independent investigation, any statute or any order, rule or regulation of any court or governmental agency or body having jurisdiction over the Depositor or any of its properties or assets (except for such conflicts, breaches, violations and defaults as would not have a material adverse effect on the ability of the Depositor to perform its obligations under this Agreement);

(viii)      To the best of the Depositor’s knowledge without any independent investigation, no consent, approval, authorization, order, registration or qualification of or with any court or governmental agency or body of the United States or any other jurisdiction is required for the issuance of the Certificates, or the consummation by the Depositor of the other transactions contemplated by this Agreement, except such consents, approvals, authorizations, registrations or qualifications as (a) may be required under State securities or Blue Sky laws, (b) have been previously obtained or (c) the failure of which to obtain would not have a material adverse effect on the performance by the Depositor of its obligations under, or the validity or enforceability of, this Agreement; and

(ix)         There are no actions, proceedings or investigations pending before or, to the Depositor’s knowledge, threatened by any court, administrative agency or other

 



tribunal to which the Depositor is a party or of which any of its properties is the subject: (a) which if determined adversely to the Depositor would have a material adverse effect on the business, results of operations or financial condition of the Depositor; (b) asserting the invalidity of this Agreement or the Certificates; (c) seeking to prevent the issuance of the Certificates or the consummation by the Depositor of any of the transactions contemplated by this Agreement, as the case may be; or (d) which might materially and adversely affect the performance by the Depositor of its obligations under, or the validity or enforceability of, this Agreement.

 

SECTION 2.07

Issuance of Certificates.

The Trustee acknowledges the assignment to it of the Mortgage Loans and the delivery to it of the Mortgage Files, subject to the provisions of Sections 2.01 and 2.02, together with the assignment to it of all other assets included in the Trust Fund, receipt of which is hereby acknowledged. Concurrently with such assignment and delivery and in exchange therefor, the Trustee, pursuant to the written request of the Depositor executed by an officer of the Depositor, has executed, authenticated and delivered to or upon the order of the Depositor, the Certificates in authorized denominations. The interests evidenced by the Certificates constitute the entire beneficial ownership interest in the Trust Fund.

 

SECTION 2.08

[Reserved].

 

SECTION 2.09

Conveyance of REMIC Regular Interests and Acceptance of REMIC 1, REMIC 2, REMIC 3 and REMIC 4 by the Trustee; Issuance of Certificates.

(a)          The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey in trust to the Trustee without recourse all the right, title and interest of the Depositor in and to the assets described in the definition of REMIC 1 for the benefit of the holders of the REMIC 1 Regular Interests (which are uncertificated) and the Class R Certificates (in respect of the Class R-1 Interest). The Trustee acknowledges receipt of the assets described in the definition of REMIC 1 and declares that it holds and will hold the same in trust for the exclusive use and benefit of the holders of the REMIC 1 Regular Interests and the Class R Certificates (in respect of the Class R-1 Interest). The interests evidenced by the Class R-1 Interest, together with the REMIC 1 Regular Interests, constitute the entire beneficial ownership interest in REMIC 1.

(b)          The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey in trust to the Trustee without recourse all the right, title and interest of the Depositor in and to the REMIC 1 Regular Interests (which are uncertificated) for the benefit of the Holders of the Regular Certificates and the Class R Certificates (in respect of the Class R-2 Interest). The Trustee acknowledges receipt of the REMIC 1 Regular Interests and declares that it holds and will hold the same in trust for the exclusive use and benefit of the Holders of the Regular Certificates and the Class R Certificates (in respect of the Class R-2 Interest). The interests evidenced by the Class R-2 Interest, together with the Regular Certificates (other than the Class C Certificates and the Class P Certificates),

 



the Class C Interest and the Class P Interest, constitute the entire beneficial ownership interest in REMIC 2.

(c)          The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey in trust to the Trustee without recourse all the right, title and interest of the Depositor in and to the Class C Interest (which is uncertificated) for the benefit of the Holders of the Class C Certificates and the Class R-X Certificates (in respect of the Class R-3 Interest). The Trustee acknowledges receipt of the Class C Interest and declares that it holds and will hold the same in trust for the exclusive use and benefit of the Holders of the Class C Certificates and the Class R-X Certificates (in respect of the Class R-3 Interest). The interests evidenced by the Class R-3 Interest, together with the Class C Certificates, constitute the entire beneficial ownership interest in REMIC 3.

(d)          The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey in trust to the Trustee without recourse all the right, title and interest of the Depositor in and to the Class P Interest (which is uncertificated) for the benefit of the Holders of the Class P Certificates and the Class R-X Certificates (in respect of the Class R-4 Interest). The Trustee acknowledges receipt of the Class P Interest and declares that it holds and will hold the same in trust for the exclusive use and benefit of the Holders of the Class P Certificates and the Class R-X Certificates (in respect of the Class R-4 Interest). The interests evidenced by the Class R-4 Interest, together with the Class P Certificates, constitute the entire beneficial ownership interest in REMIC 4.

(e)          Concurrently with (i) the assignment and delivery to the Trustee of REMIC 1 and the acceptance by the Trustee thereof, pursuant to Section 2.01, Section 2.02 and subsection (a) hereof, (ii) the assignment and delivery to the Trustee of REMIC 2 (including the Residual Interest therein represented by the Class R-2 Interest), (iii) the assignment and delivery to the Trustee of REMIC 3 (including the Residual Interest therein represented by the Class R-3 Interest) and (iv) the assignment and delivery to the Trustee of REMIC 4 (including the Residual Interest therein represented by the Class R-4 Interest) and the acceptance by the Trustee thereof, pursuant to subsection (c) hereof, the Trustee, pursuant to the written request of the Depositor executed by an officer of the Depositor, has executed, authenticated and delivered to or upon the order of the Depositor, (A) the Class R Certificates in authorized denominations evidencing the Class R-1 Interest and the Class R-2 Interest and (B) the Class R-X Certificates in authorized denominations evidencing the Class R-3 Interest and the Class R-4 Interest.

 



 

ARTICLE III

 

ADMINISTRATION AND SERVICING

OF THE MORTGAGE LOANS

 

SECTION 3.01

Servicer to Act as Servicer.

Unless otherwise specified, all references to actions to be taken by “the Servicer” under this Article III or any other provision of this Agreement with respect to a Mortgage Loan or Mortgage Loans or with respect to an REO Property or REO Properties shall be to actions to be taken or previously taken by the related Servicer with respect to a Mortgage Loan or Mortgage Loans serviced thereby or with respect to an REO Property or REO Properties administered thereby. Furthermore, unless otherwise specified, all references to actions to be taken or previously taken by “the Servicer” under this Article III or any other provision of this Agreement with respect to “the Collection Account” or “the Escrow Account” shall be to actions to be taken or previously taken by each Servicer with respect to the Collection Account or the Escrow Account to be established and maintained thereby. Consistent with the foregoing, but only insofar as the context so permits, this Article III is to be read with respect to each Servicer as if such Servicer alone was servicing and administering its respective Mortgage Loans hereunder.

The Servicer shall service and administer the Mortgage Loans on behalf of the Trust and in the best interests of and for the benefit of the Certificateholders (as determined by the Servicer in its reasonable judgment) in accordance with the terms of this Agreement and the Mortgage Loans and, to the extent consistent with such terms, in the same manner in which it services and administers similar mortgage loans for its own portfolio, giving due consideration to customary and usual standards of practice of mortgage lenders and loan servicers administering similar mortgage loans but without regard to:

(i)           any relationship that the Servicer, any Sub-Servicer or any Affiliate of the Servicer or any Sub-Servicer may have with the related Mortgagor;

(ii)          the ownership or non-ownership of any Certificate by the Servicer or any Affiliate of the Servicer;

 

(iii)

the Servicer’s obligation to make Advances or Servicing Advances; or

(iv)         the Servicer’s or any Sub-Servicer’s right to receive compensation for its services hereunder or with respect to any particular transaction.

To the extent consistent with the foregoing, the Servicer (a) shall seek to maximize the timely and complete recovery of principal and interest on the Mortgage Notes and (b) shall waive (or permit a Sub-Servicer to waive) a Prepayment Charge only under the following circumstances: (i) such waiver is standard and customary in servicing similar Mortgage Loans and such waiver relates to a default or a reasonably foreseeable default and would, in the reasonable judgment of the Servicer, maximize recovery of total proceeds taking

 



into account the value of such Prepayment Charge and the related Mortgage Loan or (ii) the collection of such Prepayment Charge would be in violation of applicable laws or (iii) the amount of the Prepayment Charge set forth on the Prepayment Charge Schedule is not consistent with the related Mortgage Note or is otherwise unenforceable or (iv) the collection of such Prepayment Charge would be considered “predatory” pursuant to written guidance published or issued by any applicable federal, state or local regulatory authority acting in its official capacity and having jurisdiction over such matters or (v) with respect to a Centex Mortgage Loans, such waiver is in accordance with the Servicer’s internal policies. If a Prepayment Charge is waived as permitted by meeting the standard described in clause (ii), (iii) or (iv) above, then the related Servicer shall make commercially reasonable efforts to enforce the Trustee’s rights under the Assignment Agreement including the obligation of the Originator to pay the amount of such waived Prepayment Charge to the Servicer for deposit in the Collection Account for the benefit of the Holders of the Class P Certificates. If the Servicer makes a good faith determination, as evidenced by an officer’s certificate delivered by the Servicer to the Trustee, that the Servicer’s efforts are not reasonably expected to be successful in enforcing such rights, it shall notify the Trustee of such failure, and the Trustee shall enforce the obligation of the Originator under the Assignment Agreement to pay to the Servicer the amount of such waived Prepayment Charge. If a Prepayment Charge is waived as permitted by meeting the standard described in clause (v) above, then Centex Home Equity Company, LLC shall deposit the amount of such waived Prepayment Charge in the Collection Account for the benefit of the Holders of the Class P Certificates.

Subject only to the above-described servicing standards and the terms of this Agreement and of the Mortgage Loans, the Servicer shall have full power and authority, acting alone or through Sub-Servicers as provided in Section 3.02, to do or cause to be done any and all things in connection with such servicing and administration which it may deem necessary or desirable. Without limiting the generality of the foregoing, the Servicer, in the name of the Trust Fund, is hereby authorized and empowered by the Trustee when the Servicer believes it appropriate in its best judgment in accordance with the Servicing Standard, to execute and deliver, on behalf of the Certificateholders and the Trustee, any and all instruments of satisfaction or cancellation, or of partial or full release or discharge, and all other comparable instruments, with respect to the Mortgage Loans and the Mortgaged Properties and to institute foreclosure proceedings or obtain a deed-in-lieu of foreclosure so as to convert the ownership of such properties, and to hold or cause to be held title to such properties, on behalf of the Trustee and Certificateholders. The Servicer shall service and administer the Mortgage Loans in accordance with applicable state and federal law and shall provide to the Mortgagors any reports required to be provided to them thereby. The Servicer shall also comply in the performance of this Agreement with all reasonable rules and requirements of each insurer under any standard hazard insurance policy. Subject to Section 3.17, within five (5) days of the Closing Date, the Trustee shall execute and furnish to the Servicer and any Sub-Servicer any limited powers of attorney in the form of Exhibit I hereto and other documents necessary or appropriate to enable the Servicer or any Sub-Servicer to carry out their servicing and administrative duties hereunder; provided, such limited powers of attorney or other documents shall be prepared by the Servicer and submitted to the Trustee for execution. The Trustee shall not be liable for the actions by the Servicer or any Sub-Servicers under such powers of attorney and shall be indemnified by the Servicer (from its own funds without any right of reimbursement from the Collection Account),

 



for any costs, liabilities or expenses incurred by the Trustee in connection with the use or misuse of such powers of attorney.

The Servicer further is hereby authorized and empowered, on behalf of the Certificateholders and the Trustee, in its own name or in the name of the Sub-Servicer, when the Servicer or the Sub-Servicer, as the case may be, believes it is appropriate in its best judgment to register any Mortgage Loan on the MERS® System, or cause the removal from the registration of any Mortgage Loan on the MERS® System, to execute and deliver, on behalf of the Trustee and the Certificateholders or any of them, any and all instruments of assignment and other comparable instruments with respect to such assignment or re-recording of a Mortgage in the name of MERS, solely as nominee for the Trustee and its successors and assigns. Any reasonable expenses incurred in connection with the actions described in the preceding sentence or as a result of MERS discontinuing or becoming unable to continue operations in connection with the MERS® System, shall be reimbursable to the Servicer by withdrawal from the Collection Account pursuant to Section 3.11.

Subject to Section 3.09 hereof, in accordance with the standards of the preceding paragraph, the Servicer, on escrowed accounts, shall advance or cause to be advanced funds as necessary for the purpose of effecting the payment of taxes and assessments on the Mortgaged Properties, which advances shall be Servicing Advances reimbursable in the first instance from related collections from the Mortgagors pursuant to Section 3.09, and further as provided in Section 3.11. Any cost incurred by the Servicer or by Sub-Servicers in effecting the payment of taxes and assessments on a Mortgaged Property shall not, for the purpose of calculating distributions to Certificateholders, be added to the unpaid Stated Principal Balance of the related Mortgage Loan, notwithstanding that the terms of such Mortgage Loan so permit.

Notwithstanding anything in this Agreement to the contrary, the Servicer may not make any future advances with respect to a Mortgage Loan (except as provided in Section 4.04) and the Servicer shall not (i) permit any modification with respect to any Mortgage Loan that would change the Mortgage Rate, reduce or increase the Stated Principal Balance (except for reductions resulting from actual payments of principal) or change the final maturity date on such Mortgage Loan, (unless, in any such case, as provided in Section 3.07, the Mortgagor is in default with respect to the Mortgage Loan or such default is, in the judgment of the Servicer, reasonably foreseeable) or (ii) permit any modification, waiver or amendment of any term of any Mortgage Loan that would both (A) effect an exchange or reissuance of such Mortgage Loan under Section 1001 of the Code (or Treasury regulations promulgated thereunder) and (B) cause any REMIC created hereunder to fail to qualify as a REMIC under the Code or the imposition of any tax on “prohibited transactions” or “contributions after the startup date” under the REMIC Provisions.

 

SECTION 3.02

Sub-Servicing Agreements Between Servicer and Sub-Servicers.

(a)          The Servicer may enter into Sub-Servicing Agreements with Sub-Servicers, which may be Affiliates of the Servicer, for the servicing and administration of the Mortgage Loans; provided, however, such sub-servicing arrangement and the terms of the related Sub-Servicing Agreement must provide for the servicing of the Mortgage Loans in a manner

 



consistent with the servicing arrangement contemplated hereunder. The Trustee is hereby authorized to acknowledge, at the request of the Servicer, any Sub-Servicing Agreement. No such acknowledgment shall be deemed to imply that the Trustee has consented to any such Sub-Servicing Agreement, has passed upon whether such Sub-Servicing Agreement meets the requirements applicable to Sub-Servicing Agreements set forth in this Agreement or has passed upon whether such Sub-Servicing Agreement is otherwise permitted under this Agreement.

Each Sub-Servicer shall be (i) authorized to transact business in the state or states where the related Mortgaged Properties it is to service are situated, if and to the extent required by applicable law to enable the Sub-Servicer to perform its obligations hereunder and under the Sub-Servicing Agreement and (ii) a Freddie Mac or Fannie Mae approved mortgage servicer. Each Sub-Servicing Agreement must impose on the Sub-Servicer requirements conforming to the provisions set forth in Section 3.08 and provide for servicing of the Mortgage Loans consistent with the terms of this Agreement. The Servicer will examine each Sub-Servicing Agreement and will be familiar with the terms thereof. The terms of any Sub-Servicing Agreement will not be inconsistent with any of the provisions of this Agreement. Any variation in any Sub-Servicing Agreements from the provisions set forth in Section 3.08 relating to insurance or priority requirements of Sub-Servicing Accounts, or credits and charges to the Sub-Servicing Accounts or the timing and amount of remittances by the Sub-Servicers to the Servicer, are conclusively deemed to be inconsistent with this Agreement and therefore prohibited. The Servicer shall deliver to the Trustee copies of all Sub-Servicing Agreements, and any amendments or modifications thereof, promptly upon the Servicer’s execution and delivery of such instruments.

(b)          As part of its servicing activities hereunder, the Servicer, for the benefit of the Trustee and the Certificateholders, shall enforce the obligations of each Sub-Servicer under the related Sub-Servicing Agreement, including, without limitation, any obligation to make advances in respect of delinquent payments as required by a Sub-Servicing Agreement. Such enforcement, including, without limitation, the legal prosecution of claims, termination of Sub-Servicing Agreements, and the pursuit of other appropriate remedies, shall be in such form and carried out to such an extent and at such time as the Servicer, in its good faith business judgment, would require were it the owner of the related Mortgage Loans. The Servicer shall pay the costs of such enforcement at its own expense, and shall be reimbursed therefor only (i) from a general recovery resulting from such enforcement, to the extent, if any, that such recovery exceeds all amounts due in respect of the related Mortgage Loans, or (ii) from a specific recovery of costs, expenses or attorneys’ fees against the party against whom such enforcement is directed.

 

SECTION 3.03

Successor Sub-Servicers.

The Servicer shall be entitled to terminate any Sub-Servicing Agreement and the rights and obligations of any Sub-Servicer pursuant to any Sub-Servicing Agreement in accordance with the terms and conditions of such Sub-Servicing Agreement. In the event of termination of any Sub-Servicer, all servicing obligations of such Sub-Servicer shall be assumed simultaneously by the Servicer without any act or deed on the part of such Sub-Servicer or the Servicer, and the Servicer either shall service directly the related Mortgage Loans or shall enter

 



into a Sub-Servicing Agreement with a successor Sub-Servicer which qualifies under Section 3.02.

Any Sub-Servicing Agreement shall include the provision that such agreement may be immediately terminated by the Servicer or the Trustee (if the Trustee is acting as Servicer) without fee, in accordance with the terms of this Agreement, in the event that the Servicer (or the Trustee, if such party is then acting as Servicer) shall, for any reason, no longer be the Servicer (including termination due to a Servicer Event of Termination).

 

SECTION 3.04

Liability of the Servicer.

Notwithstanding any Sub-Servicing Agreement or the provisions of this Agreement relating to agreements or arrangements between the Servicer and a Sub-Servicer or reference to actions taken through a Sub-Servicer or otherwise, the Servicer shall remain obligated and primarily liable to the Trustee and the Certificateholders for the servicing and administering of the Mortgage Loans in accordance with the provisions of Section 3.01 without diminution of such obligation or liability by virtue of such Sub-Servicing Agreements or arrangements or by virtue of indemnification from the Sub-Servicer and to the same extent and under the same terms and conditions as if the Servicer alone were servicing and administering the Mortgage Loans. The Servicer shall be entitled to enter into any agreement with a Sub-Servicer for indemnification of the Servicer by such Sub-Servicer and nothing contained in this Agreement shall be deemed to limit or modify such indemnification.

 

SECTION 3.05

No Contractual Relationship Between Sub-Servicers and the Trustee or Certificateholders.

Any Sub-Servicing Agreement that may be entered into and any transactions or services relating to the Mortgage Loans involving a Sub-Servicer in its capacity as such shall be deemed to be between the Sub-Servicer and the Servicer alone, and the Trustee or Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Sub-Servicer except as set forth in Section 3.06. The Servicer shall be solely liable for all fees owed by it to any Sub-Servicer, irrespective of whether the Servicer’s compensation pursuant to this Agreement is sufficient to pay such fees.

 



 

SECTION 3.06

 Assumption or Termination of Sub-Servicing Agreements by Trustee.

 

In the event the Servicer shall for any reason no longer be the servicer (including by reason of the occurrence of a Servicer Event of Termination), the Trustee, pursuant to its duties under Section 7.02, shall thereupon assume all of the rights and obligations of the Servicer under each Sub-Servicing Agreement that the Servicer may have entered into, unless the Trustee elects to terminate any Sub-Servicing Agreement in accordance with its terms as provided in Section 3.03. Upon such assumption, the Trustee (or the successor servicer appointed pursuant to Section 7.02) shall be deemed, subject to Section 3.03, to have assumed all of the departing Servicer’s interest therein and to have replaced the departing Servicer as a party to each Sub-Servicing Agreement to the same extent as if each Sub-Servicing Agreement had been assigned to the assuming party, except that (i) the departing Servicer shall not thereby be relieved of any liability or obligations under any Sub-Servicing Agreement that arose before it ceased to be the Servicer and (ii) neither the Trustee nor any successor Servicer shall be deemed to have assumed any liability or obligation of the Servicer that arose before it ceased to be the Servicer.

The Servicer at its expense shall, upon request of the Trustee, deliver to the assuming party all documents and records relating to each Sub-Servicing Agreement and the Mortgage Loans then being serviced and an accounting of amounts collected and held by or on behalf of it, and otherwise use its best efforts to effect the orderly and efficient transfer of the Sub-Servicing Agreements to the assuming party. All Servicing Transfer Costs shall be paid by the predecessor Servicer upon presentation of reasonable documentation of such costs, and if such predecessor Servicer defaults in its obligation to pay such costs, such costs shall be paid by the successor Servicer or the Trustee (in which case the successor Servicer or the Trustee, as applicable, shall be entitled to reimbursement therefor from the assets of the Trust).

 

SECTION 3.07

Collection of Certain Mortgage Loan Payments.

The Servicer shall make reasonable efforts, in accordance with the Servicing Standard, to collect all payments called for under the terms and provisions of the Mortgage Loans and the provisions of any applicable insurance policies provided to the Servicer. Consistent with the foregoing, the Servicer may in its discretion (i) waive any late payment charge or, if applicable, any penalty interest, or any provisions of any Mortgage Loan requiring the related Mortgagor to submit to mandatory arbitration with respect to disputes arising thereunder or (ii) extend the due dates for the Monthly Payments due on a Mortgage Note for a period of not greater than 180 days; provided, however, that any extension pursuant to clause (ii) above shall not affect the amortization schedule of any Mortgage Loan for purposes of any computation hereunder, except as provided below. In the event of any such arrangement pursuant to clause (ii) above, the Servicer shall make timely Advances on such Mortgage Loan during such extension pursuant to Section 4.04 and in accordance with the amortization schedule of such Mortgage Loan without modification thereof by reason of such arrangement. Notwithstanding the foregoing, in the event that any Mortgage Loan is in default or, in the judgment of the Servicer, such default is reasonably foreseeable, the Servicer, consistent with the standards set forth in Section 3.01, may also waive, modify or vary any term of such Mortgage Loan (including modifications that would change the Mortgage Rate, forgive the payment of

 



principal or interest or extend the final maturity date of such Mortgage Loan), accept payment from the related Mortgagor of an amount less than the Stated Principal Balance in final satisfaction of such Mortgage Loan, or consent to the postponement of strict compliance with any such term or otherwise grant indulgence to any Mortgagor (any and all such waivers, modifications, variances, forgiveness of principal or interest, postponements, or indulgences collectively referred to herein as “forbearance”). The Servicer’s analysis supporting any forbearance and the conclusion that any forbearance meets the standards of Section 3.01 shall be reflected in writing in the Mortgage File.

 

SECTION 3.08

Sub-Servicing Accounts.

In those cases where a Sub-Servicer is servicing a Mortgage Loan pursuant to a Sub-Servicing Agreement, the Sub-Servicer will be required to establish and maintain one or more accounts (collectively, the “Sub-Servicing Account”). The Sub-Servicing Account shall be an Eligible Account and shall comply with all requirements of this Agreement relating to the Collection Account. The Sub-Servicer shall deposit in the clearing account in which it customarily deposits payments and collections on mortgage loans in connection with its mortgage loan servicing activities on a daily basis, and in no event more than one Business Day after the Sub-Servicer’s receipt thereof, all proceeds of Mortgage Loans received by the Sub-Servicer less its servicing compensation to the extent permitted by the Sub-Servicing Agreement, and shall thereafter deposit such amounts in the Sub-Servicing Account, in no event more than two Business Days after the receipt of such amounts. The Sub-Servicer shall thereafter deposit such proceeds in the Collection Account or remit such proceeds to the Servicer for deposit in the Collection Account not later than two Business Days after the deposit of such amounts in the Sub-Servicing Account. For purposes of this Agreement, the Servicer shall be deemed to have received payments on the Mortgage Loans when the Sub-Servicer receives such payments.

 

SECTION 3.09

Collection of Taxes, Assessments and Similar Items; Escrow Accounts.

To the extent required by the related Mortgage Note, the Servicer shall establish and maintain, or cause to be established and maintained, one or more accounts (the “Escrow Accounts”), into which all Escrow Payments shall be deposited and retained. Escrow Accounts shall be Eligible Accounts. The Servicer shall deposit in the clearing account in which it customarily deposits payments and collections on mortgage loans in connection with its mortgage loan servicing activities, all Escrow Payments collected on account of the Mortgage Loans and shall deposit in the Escrow Accounts, in no event more than two Business Days after the receipt of such Escrow Payments, all Escrow Payments collected on account of the Mortgage Loans for the purpose of effecting the payment of any such items as required under the terms of this Agreement. Withdrawals of amounts from an Escrow Account may be made only to (i) effect payment of taxes, assessments, hazard insurance premiums, and comparable items in a manner and at a time that assures that the lien priority of the Mortgage is not jeopardized (or, with respect to the payment of taxes, in a manner and at a time that avoids the loss of the Mortgaged Property due to a tax sale or the foreclosure as a result of a tax lien); (ii) reimburse the Servicer (or a Sub-Servicer to the extent provided in the related Sub-Servicing Agreement) out of related collections for any Servicing Advances made pursuant to Section 3.01 (with

 



respect to taxes and assessments) and Section 3.14 (with respect to hazard insurance); (iii) refund to Mortgagors any sums as may be determined to be overages; (iv) pay interest, if required and as described below, to Mortgagors on balances in the Escrow Account; or (v) clear and terminate the Escrow Account at the termination of the Servicer’s obligations and responsibilities in respect of the Mortgage Loans under this Agreement in accordance with Article X. In the event the Servicer shall deposit in a Escrow Account any amount not required to be deposited therein, it may at any time withdraw such amount from such Escrow Account, any provision herein to the contrary notwithstanding. The Servicer will be responsible for the administration of the Escrow Accounts and will be obligated to make Servicing Advances to such accounts when and as necessary to avoid the lapse of insurance coverage on the Mortgaged Property, or which the Servicer knows, or in the exercise of the required standard of care of the Servicer hereunder should know, is necessary to avoid the loss of the Mortgaged Property due to a tax sale or the foreclosure as a result of a tax lien. If any such payment has not been made and the Servicer receives notice of a tax lien with respect to the Mortgage being imposed, the Servicer will, within 10 Business Days of receipt of such notice, advance or cause to be advanced funds necessary to discharge such lien on the Mortgaged Property. As part of its servicing duties, the Servicer or any Sub-Servicers shall pay to the Mortgagors interest on funds in the Escrow Accounts, to the extent required by law and, to the extent that interest earned on funds in the Escrow Accounts is insufficient, to pay such interest from its or their own funds, without any reimbursement therefor. The Servicer may pay to itself any excess interest on funds in the Escrow Accounts, to the extent such action is in conformity with the Servicing Standard, is permitted by law and such amounts are not required to be paid to Mortgagors or used for any of the other purposes set forth above.

 

SECTION 3.10

Collection Account and Distribution Account.

(a)          On behalf of the Trust Fund, the Servicer shall establish and maintain, or cause to be established and maintained, one or more accounts (such account or accounts, the “Collection Account”), held in trust for the benefit of the Trustee and the Certificateholders. On behalf of the Trust Fund, the Servicer shall deposit or cause to be deposited in the Collection Account, in no event more than two Business Days after the Servicer’s receipt thereof, as and when received or as otherwise required hereunder, the following payments and collections received or made by it subsequent to the Cut-off Date (other than in respect of principal or interest on the Mortgage Loans due on or before the Cut-off Date) or payments (other than Principal Prepayments) received by it on or prior to the Cut-off Date but allocable to a Due Period subsequent thereto:

(i)           all payments on account of principal, including Principal Prepayments (but not Prepayment Charges), on the Mortgage Loans;

(ii)          all payments on account of interest (net of the Servicing Fee) on each Mortgage Loan;

(iii)         all Insurance Proceeds, Liquidation Proceeds, Subsequent Recoveries and condemnation proceeds (other than proceeds collected in respect of any particular REO Property and amounts paid in connection with a purchase of Mortgage Loans and REO Properties pursuant to Section 10.01);

 



 

(iv)         any amounts required to be deposited pursuant to Section 3.12 in connection with any losses realized on Permitted Investments with respect to funds held in the Collection Account;

(v)          any amounts required to be deposited by the Servicer pursuant to the second paragraph of Section 3.14(a) in respect of any blanket policy deductibles;

(vi)         all proceeds of any Mortgage Loan repurchased or purchased in accordance with Section 2.03, Section 3.16(c) or Section 10.01;

(vii)       all amounts required to be deposited in connection with Substitution Adjustments pursuant to Section 2.03; and

(viii)      all Prepayment Charges collected by the Servicer and any Servicer Prepayment Charge Payment Amounts in connection with the Principal Prepayment of any of the Mortgage Loans.

The foregoing requirements for deposit in the Collection Account shall be exclusive, it being understood and agreed that, without limiting the generality of the foregoing, payments in the nature of Servicing Fees, late payment charges, Prepayment Interest Excess, assumption fees, insufficient funds charges and ancillary income (other than Prepayment Charges) need not be deposited by the Servicer in the Collection Account and may be retained by the Servicer as additional compensation. In the event the Servicer shall deposit in the Collection Account any amount not required to be deposited therein, it may at any time withdraw such amount from the Collection Account, any provision herein to the contrary notwithstanding.

(b)          On behalf of the Trust Fund, the Trustee shall establish and maintain one or more accounts (such account or accounts, the “Distribution Account”), held in trust for the benefit of the Trustee and the Certificateholders. On behalf of the Trust Fund, the Servicer shall deliver to the Trustee in immediately available funds for deposit in the Distribution Account on or before 4:00 p.m. New York time on the Servicer Remittance Date, that portion of the Available Funds (calculated without regard to the references in the definition thereof to amounts that may be withdrawn from the Distribution Account) for the related Distribution Date then on deposit in the Collection Account, the amount of all Prepayment Charges collected during the applicable Prepayment Period by the Servicer and Servicer Prepayment Charge Payment Amounts in connection with the Principal Prepayment of any of the Mortgage Loans then on deposit in the Collection Account, the amount of any funds reimbursable to an Advancing Person pursuant to Section 3.29 (unless such amounts are to be remitted in another manner as specified in the documentation establishing the related Advance Facility).

(c)          Funds in the Collection Account and the Distribution Account may be invested in Permitted Investments in accordance with the provisions set forth in Section 3.12. The Servicer shall give notice to the Trustee of the location of the Collection Account maintained by it when established and prior to any change thereof. The Trustee shall give notice to the Servicer and the Depositor of the location of the Distribution Account when established and prior to any change thereof.

 



 

(d)          Funds held in the Collection Account at any time may be delivered by the Servicer to the Trustee for deposit in an account (which may be the Distribution Account and must satisfy the standards for the Distribution Account as set forth in the definition thereof) and for all purposes of this Agreement shall be deemed to be a part of the Collection Account; provided, however, that the Trustee shall have the sole authority to withdraw any funds held pursuant to this subsection (d). In the event the Servicer shall deliver to the Trustee for deposit in the Distribution Account any amount not required to be deposited therein, it may at any time request that the Trustee withdraw such amount from the Distribution Account and remit to it any such amount, any provision herein to the contrary notwithstanding. In addition, the Servicer, with respect to items (i) through (iv) below, shall deliver to the Trustee from time to time for deposit, and the Trustee, with respect to items (i) through (iv) below, shall so deposit, in the Distribution Account:

 

(i)

any Advances, as required pursuant to Section 4.04;

(ii)          any amounts required to be deposited pursuant to Section 3.23(d) or (f) in connection with any REO Property;

(iii)         any amounts to be paid by the Servicer in connection with a purchase of Mortgage Loans and REO Properties pursuant to Section 10.01;

(iv)         any Compensating Interest to be deposited pursuant to Section 3.24 in connection with any Prepayment Interest Shortfall; and

(v)          any amounts required to be paid to the Trustee pursuant to the Agreement, including, but not limited to Section 3.06 and Section 7.02.

 

SECTION 3.11

Withdrawals from the Collection Account and Distribution Account.

(a)          The Servicer shall, from time to time, make withdrawals from the Collection Account for any of the following purposes or as described in Section 4.04:

(i)           to remit to the Trustee for deposit in the Distribution Account the amounts required to be so remitted pursuant to Section 3.10(b) or permitted to be so remitted pursuant to the first sentence of Section 3.10(d);

(ii)          subject to Section 3.16(d), to reimburse the Servicer for (a) any unreimbursed Advances to the extent of amounts received which represent Late Collections (net of the related Servicing Fees), Liquidation Proceeds and Insurance Proceeds on Mortgage Loans or REO Properties with respect to which such Advances were made in accordance with the provisions of Section 4.04; or (b) without limiting any right of withdrawal set forth in clause (vi) below, any unreimbursed Advances that, upon a Final Recovery Determination with respect to such Mortgage Loan, are Nonrecoverable Advances, but only to the extent that Late Collections (net of the related Servicing Fees), Liquidation Proceeds and Insurance Proceeds received with respect to such Mortgage Loan are insufficient to reimburse the Servicer for such unreimbursed Advances;

 



 

(iii)        subject to Section 3.16(d), to pay the Servicer or any Sub-Servicer (a) any unpaid Servicing Fees, (b) any unreimbursed Servicing Advances with respect to each Mortgage Loan, but only to the extent of any Late Collections, Liquidation Proceeds and Insurance Proceeds received with respect to such Mortgage Loan or REO Property, and (c) without limiting any right of withdrawal set forth in clause (vi) below, any Servicing Advances made with respect to a Mortgage Loan that, upon a Final Recovery Determination with respect to such Mortgage Loan are Nonrecoverable Advances, but only to the extent that Late Collections, Liquidation Proceeds and Insurance Proceeds received with respect to such Mortgage Loan are insufficient to reimburse the Servicer or any Sub-Servicer for Servicing Advances;

(iv)         to pay to the Servicer as additional servicing compensation (in addition to the Servicing Fee) on the Servicer Remittance Date any interest or investment income earned on funds deposited in the Collection Account;

(v)          to pay itself or the Seller with respect to each Mortgage Loan that has previously been purchased or replaced pursuant to Section 2.03 or Section 3.16(c) all amounts received thereon subsequent to the date of purchase or substitution, as the case may be;

(vi)         to reimburse the Servicer for any Advance or Servicing Advance previously made which the Servicer has determined to be a Nonrecoverable Advance in accordance with the provisions of Section 4.04;

(vii)       to pay, or to reimburse the Servicer for Servicing Advances in respect of, expenses incurred in connection with any Mortgage Loan pursuant to Section 3.16(b);

(viii)      to reimburse the Servicer for expenses incurred by or reimbursable to the Servicer pursuant to Section 6.03;

 

(ix)

to pay itself any Prepayment Interest Excess;

 

 

(x)

to reimburse itself for expenses incurred pursuant to Section 9.01(c)(i);

(xi)         to reimburse the Servicer for any Advance or Servicing Advance made with respect to a delinquent Mortgage Loan which has been modified by the Servicer in accordance with the terms of this Agreement but only after receipt by the Servicer of three (3) consecutive payments following such modification;

(xii)       to invest funds in Permitted Investments in accordance with Section 3.12; and

 

(xiii)

to clear and terminate the Collection Account pursuant to Section 10.01.

The foregoing requirements for withdrawal from the Collection Account shall be exclusive. In the event the Servicer shall deposit in the Collection Account any amount not

 



required to be deposited therein, it may at any time withdraw such amount from the Collection Account, any provision herein to the contrary notwithstanding.

The Servicer shall keep and maintain separate accounting, on a Mortgage Loan by Mortgage Loan basis, for the purpose of justifying any withdrawal from the Collection Account, to the extent held by or on behalf of it, pursuant to subclauses (ii), (iii), (iv), (v), (vi) and (vii) above. The Servicer shall provide written notification to the Trustee, on or prior to the next succeeding Servicer Remittance Date, upon making any withdrawals from the Collection Account pursuant to subclause (vi) above; provided that an Officers’ Certificate in the form described under Section 4.04(d) shall suffice for such written notification to the Trustee in respect hereof.

(b)          The Trustee shall, from time to time, make withdrawals from the Distribution Account, for any of the following purposes, without priority:

 

(i)

to make distributions in accordance with Section 4.01;

(ii)          to pay itself the Trustee Fee and reimbursable expenses pursuant to Section 8.05;

 

(iii)

to pay any amounts in respect of taxes pursuant to Section 9.01(g);

 

 

(iv)

to clear and terminate the Distribution Account pursuant to Section 10.01;

(v)          to pay any amounts required to be paid to the Trustee pursuant to this Agreement, including but not limited to funds required to be paid pursuant to Section 2.01, Section 3.06, Section 4.01, Section 7.02 and Section 8.05;

(vi)         to pay to the Trustee, any interest or investment income earned on funds deposited in the Distribution Account; and

(vii)       to pay to an Advancing Person reimbursements for Advances and/or Servicing Advances pursuant to Section 3.29.

 

SECTION 3.12

Investment of Funds in the Collection Account and the Distribution Account.

(a)          The Servicer may direct any depository institution maintaining the Collection Account and any REO Account to invest the funds on deposit in such accounts and the Trustee may invest the funds on deposit in the Distribution Account (each such account, for the purposes of this Section 3.12, an “Investment Account”). All investments pursuant to this Section 3.12 shall be in one or more Permitted Investments bearing interest or sold at a discount, and maturing, unless payable on demand, (i) no later than the Business Day immediately preceding the date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if a Person other than the Trustee is the obligor thereon or if such investment is managed or advised by a Person other than the Trustee or an Affiliate of the Trustee, and (ii) no later than the date on which such funds are required to be withdrawn from such account

 



pursuant to this Agreement, if the Trustee is the obligor thereon or if such investment is managed or advised by the Trustee or any Affiliate or if the Trustee or any Affiliate of the Trustee is the Custodian, sub-custodian or administrator. All such Permitted Investments shall be held to maturity, unless payable on demand. Any investment of funds in an Investment Account shall be made in the name of the Trustee (in its capacity as such), or in the name of a nominee of the Trustee. The Trustee shall be entitled to sole possession (except with respect to investment direction of funds held in the Collection Account and any REO Account, and any income and gain realized thereon) over each such investment, and any certificate or other instrument evidencing any such investment shall be delivered directly to the Trustee or its agent, together with any document of transfer necessary to transfer title to such investment to the Trustee or its nominee. In the event amounts on deposit in an Investment Account are at any time invested in a Permitted Investment payable on demand, the Trustee shall:

(x)          consistent with any notice required to be given thereunder, demand that payment thereon be made on the last day such Permitted Investment may otherwise mature hereunder in an amount equal to the lesser of (1) all amounts then payable thereunder and (2) the amount required to be withdrawn on such date; and

(y)          demand payment of all amounts due thereunder promptly upon determination by a Responsible Officer of the Trustee that such Permitted Investment would not constitute a Permitted Investment in respect of funds thereafter on deposit in the Investment Account.

(b)          All income and gain realized from the investment of funds deposited in the Collection Account and any REO Account held by or on behalf of the Servicer shall be for the benefit of the Servicer and shall be subject to its withdrawal in accordance with Section 3.11 or Section 3.23, as applicable. The Servicer shall deposit in the Collection Account or any REO Account, as applicable, the amount of any loss of principal incurred in respect of any such Permitted Investment made with funds in such Account immediately upon realization of such loss.

(c)          All income and gain realized from the investment of funds deposited in the Distribution Account shall be for the benefit of the Trustee. The Trustee shall deposit in the Distribution Account the amount of any loss of principal incurred in respect of any such Permitted Investment made with funds in such Account immediately upon realization of such loss. Notwithstanding the foregoing, the Trustee may at its discretion, and without liability, hold the funds in the Distribution Account uninvested.

(d)          Except as otherwise expressly provided in this Agreement, if any default occurs in the making of a payment due under any Permitted Investment, or if a default occurs in any other performance required under any Permitted Investment, the Trustee may and, subject to Section 8.01 and Section 8.02(a)(v), upon the request of the Holders of Certificates representing more than 50% of the Voting Rights allocated to any Class of Certificates, shall take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate proceedings.

 



 

 

SECTION 3.13

[Reserved].

 

SECTION 3.14

Maintenance of Hazard Insurance and Errors and Omissions and Fidelity Coverage.

(a)          The Servicer shall cause to be maintained for each Mortgage Loan hazard insurance with extended coverage on the Mortgaged Property in an amount which is at least equal to the lesser of (i) the current Principal Balance of such Mortgage Loan and (ii) the amount necessary to fully compensate for any damage or loss to the improvements that are a part of such property on a replacement cost basis, in each case in an amount not less than such amount as is necessary to avoid the application of any coinsurance clause contained in the related hazard insurance policy. The Servicer shall also cause to be maintained hazard insurance with extended coverage on each REO Property in an amount which is at least equal to the lesser of (i) the maximum insurable value of the improvements which are a part of such property and (ii) the outstanding Principal Balance of the related Mortgage Loan at the time it became an REO Property. The Servicer will comply in the performance of this Agreement with all reasonable rules and requirements of each insurer under any such hazard policies. Any amounts to be collected by the Servicer under any such policies (other than amounts to be applied to the restoration or repair of the property subject to the related Mortgage or amounts to be released to the Mortgagor in accordance with the procedures that the Servicer would follow in servicing loans held for its own account, subject to the terms and conditions of the related Mortgage and Mortgage Note) shall be deposited in the Collection Account, subject to withdrawal pursuant to Section 3.11, if received in respect of a Mortgage Loan, or in the REO Account, subject to withdrawal pursuant to Section 3.23, if received in respect of an REO Property. Any cost incurred by the Servicer in maintaining any such insurance shall not, for the purpose of calculating distributions to Certificateholders, be added to the unpaid Principal Balance of the related Mortgage Loan, notwithstanding that the terms of such Mortgage Loan so permit. It is understood and agreed that no earthquake or other additional insurance is to be required of any Mortgagor other than pursuant to such applicable laws and regulations as shall at any time be in force and as shall require such additional insurance. If the Mortgaged Property or REO Property is at any time in an area identified in the Federal Register by the Federal Emergency Management Agency as having special flood hazards and flood insurance has been made available, the Servicer will cause to be maintained a flood insurance policy in respect thereof. Such flood insurance shall be in an amount equal to the lesser of (i) the unpaid Principal Balance of the related Mortgage Loan and (ii) the maximum amount of such insurance available for the related Mortgaged Property under the national flood insurance program (assuming that the area in which such Mortgaged Property is located is participating in such program).

In the event that the Servicer shall obtain and maintain a blanket policy insuring against hazard losses on all of the Mortgage Loans, it shall conclusively be deemed to have satisfied its obligations as set forth in the first two sentences of this Section 3.14, it being understood and agreed that such policy may contain a deductible clause on terms substantially equivalent to those commercially available and maintained by competent servicers, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with the first two sentences of this Section 3.14, and there shall have been one or more losses which would have been covered by

 



such policy, deposit to the Collection Account from its own funds the amount not otherwise payable under the blanket policy because of such deductible clause. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of itself, the Depositor, the Trustee and Certificateholders, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy.

(b)          The Servicer shall keep in force during the term of this Agreement a policy or policies of insurance covering errors and omissions for failure in the performance of the Servicer’s obligations under this Agreement, which policy or policies shall be in such form and amount that would meet the requirements of Fannie Mae or Freddie Mac if it were the purchaser of the Mortgage Loans, unless the Servicer has obtained a waiver of such requirements from Fannie Mae or Freddie Mac. The Servicer shall also maintain a fidelity bond in the form and amount that would meet the requirements of Fannie Mae or Freddie Mac, unless the Servicer has obtained a waiver of such requirements from Fannie Mae or Freddie Mac. The Servicer shall be deemed to have complied with this provision if an Affiliate of the Servicer has such errors and omissions and fidelity bond coverage and, by the terms of such insurance policy or fidelity bond, the coverage afforded thereunder extends to the Servicer. Any such errors and omissions policy and fidelity bond shall by its terms not be cancelable without thirty days’ prior written notice to the Trustee. The Servicer shall also cause each Sub-Servicer to maintain a policy of insurance covering errors and omissions and a fidelity bond which would meet such requirements.

 

SECTION 3.15

Enforcement of Due-On-Sale Clauses; Assumption Agreements.

The Servicer will, to the extent it has knowledge of any conveyance or prospective conveyance of any Mortgaged Property by any Mortgagor (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its rights to accelerate the maturity of such Mortgage Loan under the “due-on-sale” clause, if any, applicable thereto; provided, however, that the Servicer shall not be required to take such action if in its sole business judgment the Servicer believes it is not in the best interests of the Trust Fund and shall not exercise any such rights if prohibited by law from doing so. If the Servicer reasonably believes it is unable under applicable law to enforce such “due-on-sale” clause, or if any of the other conditions set forth in the proviso to the preceding sentence apply, the Servicer will enter into an assumption and modification agreement from or with the person to whom such property has been conveyed or is proposed to be conveyed, pursuant to which such person becomes liable under the Mortgage Note and, to the extent permitted by applicable state law, the Mortgagor remains liable thereon. The Servicer is also authorized, to the extent permitted under the related Mortgage Note, to enter into a substitution of liability agreement with such person, pursuant to which the original Mortgagor is released from liability and such person is substituted as the Mortgagor and becomes liable under the Mortgage Note, provided that no such substitution shall be effective unless such person satisfies the current underwriting criteria of the Servicer for a mortgage loan similar to the related Mortgage Loan. In connection with any assumption, modification or substitution, the Servicer shall apply such underwriting standards and follow such practices and procedures as shall be normal and usual in its general mortgage servicing activities and as it applies to other mortgage loans owned solely by it. The Servicer shall not take or enter into any assumption and modification agreement, however, unless (to the extent

 



practicable in the circumstances) it shall have received confirmation, in writing, of the continued effectiveness of any applicable hazard insurance policy. Any fee collected by the Servicer in respect of an assumption, modification or substitution of liability agreement shall be retained by the Servicer as additional servicing compensation. In connection with any such assumption, no material term of the Mortgage Note (including but not limited to the related Mortgage Rate and the amount of the Monthly Payment) may be amended or modified, except as otherwise required pursuant to the terms thereof. The Servicer shall notify the Trustee that any such substitution, modification or assumption agreement has been completed by forwarding to the Trustee the executed original of such substitution, modification or assumption agreement, which document shall be added to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof.

Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or by the terms of the Mortgage Note or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 3.15, the term “assumption” is deemed to also include a sale (of the Mortgaged Property) subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

 

SECTION 3.16

Realization Upon Defaulted Mortgage Loans.

(a)          The Servicer shall use its reasonable efforts, consistent with the Servicing Standard, to foreclose upon or otherwise comparably convert the ownership of properties securing such of the Mortgage Loans as come into and continue in default and as to which no satisfactory arrangements can be made for collection of delinquent payments pursuant to Section 3.07. Title to any such property shall be taken in the name of the Trustee or its nominee on behalf of the Certificateholders or in the name of the Servicer in accordance with the Servicer’s customary servicing practices and held for the benefit of the Trust Fund, subject to applicable law. The Servicer shall be responsible for all costs and expenses incurred by it in any such proceedings; provided, however, that such costs and expenses will be recoverable as Servicing Advances by the Servicer as contemplated in Section 3.11(a) and Section 3.23. The foregoing is subject to the provision that, in any case in which a Mortgaged Property shall have suffered damage from an Uninsured Cause, the Servicer shall not be required to expend its own funds toward the restoration of such property unless it shall determine in its discretion that such restoration will increase the proceeds of liquidation of the related Mortgage Loan after reimbursement to itself for such expenses. With respect to any second lien Mortgage Loan for which the related first lien mortgage loan is not included in the Trust Fund, if, after such Mortgage Loan becomes 180 days or more delinquent, the Servicer determines that a significant recovery is not possible through foreclosure, such Mortgage Loan may be charged off and the Mortgage Loan will be treated as a Liquidated Mortgage Loan giving rise to a Realized Loss.

(b)          Notwithstanding the foregoing provisions of this Section 3.16 or any other provision of this Agreement, with respect to any Mortgage Loan as to which the Servicer has received actual notice of, or has actual knowledge of, the presence of any toxic or hazardous

 



substance on the related Mortgaged Property, the Servicer shall not, on behalf of the Trustee, either (i) obtain title to such Mortgaged Property as a result of or in lieu of foreclosure or otherwise, or (ii) otherwise acquire possession of, or take any other action with respect to, such Mortgaged Property, if, as a result of any such action, the Trustee, the Trust Fund or the Certificateholders would be considered to hold title to, to be a “mortgagee-in-possession” of, or to be an “owner” or “operator” of such Mortgaged Property within the meaning of the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended from time to time, or any comparable law, unless the Servicer has also previously determined, based on its reasonable judgment and a report prepared by a Person who regularly conducts environmental audits using customary industry standards, that:

(1)          such Mortgaged Property is in compliance with applicable environmental laws or, if not, that it would be in the best economic interest of the Trust Fund to take such actions as are necessary to bring the Mortgaged Property into compliance therewith; and

(2)          there are no circumstances present at such Mortgaged Property relating to the use, management or disposal of any hazardous substances, hazardous materials, hazardous wastes, or petroleum-based materials for which investigation, testing, monitoring, containment, clean-up or remediation could be required under any federal, state or local law or regulation, or that if any such materials are present for which such action could be required, that it would be in the best economic interest of the Trust Fund to take such actions with respect to the affected Mortgaged Property.

The cost of the environmental audit report contemplated by this Section 3.16 shall be advanced by the Servicer, subject to the Servicer’s right to be reimbursed therefor from the Collection Account as provided in Section 3.11(a)(vii), such right of reimbursement being prior to the rights of Certificateholders to receive any amount in the Collection Account received in respect of the affected Mortgage Loan or other Mortgage Loans.

If the Servicer determines, as described above, that it is in the best economic interest of the Trust Fund to take such actions as are necessary to bring any such Mortgaged Property into compliance with applicable environmental laws, or to take such action with respect to the containment, clean-up or remediation of hazardous substances, hazardous materials, hazardous wastes or petroleum-based materials affecting any such Mortgaged Property, then the Servicer shall take such action as it deems to be in the best economic interest of the Trust Fund; provided that any amounts disbursed by the Servicer pursuant to this Section 3.16(b) shall constitute Servicing Advances, subject to Section 4.04(d). The cost of any such compliance, containment, clean-up or remediation shall be advanced by the Servicer, subject to the Servicer’s right to be reimbursed therefor from the Collection Account as provided in Section 3.11(a)(vii), such right of reimbursement being prior to the rights of Certificateholders to receive any amount in the Collection Account received in respect of the affected Mortgage Loan or other Mortgage Loans.

(c)          The Servicer may, at its option, purchase a Mortgage Loan which has become 90 or more days delinquent or for which the Servicer has accepted a deed in lieu of

 



foreclosure. Prior to purchase pursuant to this Section 3.16(c), the Servicer shall be required to continue to make Advances pursuant to Section 4.04. The Servicer shall not use any procedure in selecting Mortgage Loans to be repurchased which is materially adverse to the interests of the Certificateholders. The Servicer shall purchase such delinquent Mortgage Loan at a price equal to the Purchase Price of such Mortgage Loan. Any such purchase of a Mortgage Loan pursuant to this Section 3.16(c) shall be accomplished by deposit in the Collection Account of the amount of the Purchase Price. Upon the satisfaction of the requirements set forth in Section 3.17(a), the Trustee shall promptly deliver the Mortgage File and any related documentation to the Servicer and will execute such documents provided to it as are necessary to convey the Mortgage Loan to the Servicer.

(d)          Proceeds received in connection with any Final Recovery Determination, as well as any recovery resulting from a partial collection of Insurance Proceeds, Liquidation Proceeds or condemnation proceeds, in respect of any Mortgage Loan, will be applied in the following order of priority: first, to unpaid Servicing Fees; second, to reimburse the Servicer or any Sub-Servicer for any related unreimbursed Servicing Advances pursuant to Section 3.11(a)(iii) and Advances pursuant to Section 3.11(a)(ii); third, to accrued and unpaid interest on the Mortgage Loan, to the date of the Final Recovery Determination, or to the Due Date prior to the Distribution Date on which such amounts are to be distributed if not in connection with a Final Recovery Determination; and fourth, as a recovery of principal of the Mortgage Loan. The portion of the recovery so allocated to unpaid Servicing Fees shall be reimbursed to the Servicer or any Sub-Servicer pursuant to Section 3.11(a)(iii).

 

SECTION 3.17

Trustee to Cooperate; Release of Mortgage Files.

(a)          Upon the payment in full of any Mortgage Loan, or the receipt by the Servicer of a notification that payment in full shall be escrowed in a manner customary for such purposes, the Servicer shall immediately notify or cause to be notified the Trustee by a certification and shall deliver to the Trustee, in written or electronic format, which format is acceptable to the Custodian, two executed copies of a Request for Release in the form of Exhibit E hereto (which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Collection Account pursuant to Section 3.10 have been or will be so deposited) signed by a Servicing Officer (or in a mutually agreeable electronic format that will, in lieu of a signature on its face, originate from a Servicing Officer) and shall request delivery to it of the Mortgage File. Upon receipt of such certification and request, the Trustee shall, within three Business Days, release and send by overnight mail, at the expense of the Servicer or the related Mortgagor, the related Mortgage File to the Servicer. No expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Collection Account or the Distribution Account.

(b)          From time to time and as appropriate for the servicing or foreclosure of any Mortgage Loan, including, for this purpose, collection under any insurance policy relating to the Mortgage Loans, the Trustee shall, upon any request made by or on behalf of the Servicer and delivery to the Trustee of two executed copies of a written Request for Release in the form of Exhibit E hereto signed by a Servicing Officer (or in a mutually agreeable electronic format

 



that will, in lieu of a signature on its face, originate from a Servicing Officer), release the related Mortgage File to the Servicer within three Business Days, and the Trustee shall, at the direction of the Servicer, execute such documents provided to it by the Servicer as shall be necessary to the prosecution of any such proceedings. Such Request for Release shall obligate the Servicer to return each and every document previously requested from the Mortgage File to the Trustee when the need therefor by the Servicer no longer exists, unless the Mortgage Loan has been liquidated or charged off and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Collection Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Servicer has delivered, or caused to be delivered, to the Trustee an additional Request for Release certifying as to such liquidation or action or proceedings. Upon the request of the Trustee, the Servicer shall provide notice to the Trustee of the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a Request for Release, in written (with two executed copies) or electronic format, from a Servicing Officer stating that such Mortgage Loan was liquidated and that all amounts received or to be received in connection with such liquidation that are required to be deposited into the Collection Account have been so deposited, or that such Mortgage Loan has become an REO Property, such Mortgage Loan shall be released by the Trustee to the Servicer or its designee within three Business Days.

(c)          Upon written certification of a Servicing Officer, the Trustee shall execute and deliver to the Servicer or the Sub-Servicer, as the case may be, copies of any court pleadings, requests for trustee’s sale or other documents necessary to the foreclosure or trustee’s sale in respect of a Mortgaged Property or to any legal action brought to obtain judgment against any Mortgagor on the Mortgage Note or Mortgage or to obtain a deficiency judgment, or to enforce any other remedies or rights provided by the Mortgage Note or Mortgage or otherwise available at law or in equity. Each such certification shall include a request that such pleadings or documents be executed by the Trustee and a statement as to the reason such documents or pleadings are required and that the execution and delivery thereof by the Trustee will not invalidate or otherwise affect the lien of the Mortgage, except for the termination of such a lien upon completion of the foreclosure or trustee’s sale.

 

SECTION 3.18

Servicing Compensation.

As compensation for its activities hereunder, the Servicer shall be entitled to the Servicing Fee with respect to each Mortgage Loan payable solely from payments of interest in respect of such Mortgage Loan, subject to Section 3.24. In addition, the Servicer shall be entitled to recover unpaid Servicing Fees out of Insurance Proceeds, Liquidation Proceeds or condemnation proceeds to the extent permitted by Section 3.11(a)(iii) and out of amounts derived from the operation and sale of an REO Property to the extent permitted by Section 3.23. Except as provided in Section 3.29, the right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of the Servicer’s responsibilities and obligations under this Agreement; provided, however, that the Servicer may pay from the

 



Servicing Fee any amounts due to a Sub-Servicer pursuant to a Sub-Servicing Agreement entered into under Section 3.02.

Additional servicing compensation in the form of assumption fees, late payment charges, insufficient funds charges, ancillary income or otherwise (other than Prepayment Charges) shall be retained by the Servicer only to the extent such fees or charges are received by the Servicer. The Servicer shall also be entitled pursuant to Section 3.11(a)(iv) to withdraw from the Collection Account and pursuant to Section 3.23(b) to withdraw from any REO Account, as additional servicing compensation, interest or other income earned on deposits therein, subject to Section 3.12 and Section 3.24. The Servicer shall also be entitled to receive Prepayment Interest Excess pursuant to Section 3.10 and 3.11 as additional servicing compensation. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder (including premiums for the insurance required by Section 3.14, to the extent such premiums are not paid by the related Mortgagors or by a Sub-Servicer, and servicing compensation of each Sub-Servicer) and shall not be entitled to reimbursement therefor except as specifically provided herein.

The Servicer shall be entitled to any Prepayment Interest Excess, which it may withdraw from the Collection Account pursuant to Section 3.11(a)(ix).

 

SECTION 3.19

Reports to the Trustee; Collection Account Statements.

Not later than twenty days after each Distribution Date, the Servicer shall forward to the Trustee and the Depositor an account statement evidencing the status of the collection account reflecting activity in the previous month and an Officer’s Certificates shall accompany such account statement certifying that the information contained in such account statement is true and correct.

 

SECTION 3.20

Statement as to Compliance.

The Servicer will deliver to the Trustee and the Depositor not later than March 20th of each calendar year, commencing in 2006, an Officers’ Certificate in the form attached hereto as Exhibit I stating, as to each signatory thereof, that (i) a review of the activities of the Servicer during the preceding calendar year and of performance under this Agreement has been made under such officers’ supervision and (ii) to the best of such officers’ knowledge, based on such review, the Servicer has fulfilled all of its obligations under this Agreement throughout such year in all material respects, or, if there has been a default in the fulfillment of any such obligation in any material respect, specifying each such default known to such officer and the nature and status thereof. Copies of any such statement shall be provided by the Trustee to any Certificateholder and to any Person identified to the Trustee as a prospective transferee of a Certificate, upon request at the expense of the requesting party, provided such statement is delivered by the Servicer to the Trustee. In addition to the foregoing, the Servicer will, to the extent reasonable, give any other servicing information required by the Securities and Exchange Commission pursuant to applicable law. The Servicer shall indemnify and hold harmless the Depositor and its officers, directors and Affiliates from and against any actual losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments and

 



other costs and expenses that such Person may sustain based upon a breach of the Servicer’s obligations under this Section 3.20.

 

SECTION 3.21

Independent Public Accountants’ Servicing Report.

Not later than March 20th of each calendar year, commencing in 2006, the Servicer, at its expense, shall cause a nationally recognized firm of independent certified public accountants to furnish to the Servicer a report stating that (i) it has obtained a letter of representation regarding certain matters from the management of the Servicer which includes an assertion that the Servicer has complied with certain minimum residential mortgage loan servicing standards, identified in the Uniform Single Attestation Program for Mortgage Bankers established by the Mortgage Bankers Association of America, with respect to the servicing of residential mortgage loans during the most recently completed calendar year and (ii) on the basis of an examination conducted by such firm in accordance with standards established by the American Institute of Certified Public Accountants, such representation is fairly stated in all material respects, subject to such exceptions and other qualifications that may be appropriate. In rendering its report such firm may rely, as to matters relating to the direct servicing of residential mortgage loans by Sub-Servicers, upon comparable reports of firms of independent certified public accountants rendered on the basis of examinations conducted in accordance with the same standards (rendered within one year of such report) with respect to those Sub-Servicers. Immediately upon receipt of such report, the Servicer shall furnish a copy of such report to the Trustee and each Rating Agency. Copies of such statement shall be provided by the Trustee to any Certificateholder upon request at the Servicer’s expense, provided that such statement is delivered by the Servicer to the Trustee. The Servicer shall indemnify and hold harmless the Depositor and its officers, directors and Affiliates from and against any actual losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments and other costs and expenses that such Person may sustain based upon a breach of the Servicer’s obligations under this Section 3.21.

 

SECTION 3.22

Access to Certain Documentation; Filing of Reports by Trustee.

(a)          The Servicer shall provide to the Office of Thrift Supervision, the FDIC, and any other federal or state banking or insurance regulatory authority that may exercise authority over any Certificateholder, access to the documentation regarding the Mortgage Loans required by applicable laws and regulations. Such access shall be afforded without charge, but only upon reasonable request and during normal business hours at the offices of the Servicer designated by it. Nothing in this Section shall limit the obligation of the Servicer to observe any applicable law prohibiting disclosure of information regarding the Mortgagors (absent proof that it is in compliance with applicable law) and the failure of the Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section. In addition, access to the documentation regarding the Mortgage Loans will be provided to any Certificateholder, the Trustee and to any Person identified to the Servicer as a prospective transferee of a Certificate, upon reasonable request during normal business hours at the offices of the Servicer designated by it, at the expense of the Person requesting such access. Nothing in this Section 3.22 shall require the Servicer to collect, create, collate or otherwise generate any information that it does not generate in its usual course of business. The Servicer shall not be

 



required to make copies of or ship documents to any party unless provisions have been made for the reimbursement of the costs thereof.

(b)          (i)          The Trustee and the Servicer shall reasonably cooperate with the Depositor in connection with the Trust’s satisfying the reporting requirements under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Trustee shall prepare on behalf of the Trust any Forms 8-K and 10-K customary for similar securities as required by the Exchange Act and the Rules and Regulations of the Securities and Exchange Commission thereunder, and the Depositor shall sign (or shall cause another entity acceptable to the Securities and Exchange Commission to sign) and the Trustee shall file (via the Securities and Exchange Commission’s Electronic Data Gathering and Retrieval System) such forms on behalf of the Depositor (or such other entity). The Depositor hereby grants to the Trustee a limited power of attorney to execute any Form 8-K and file each such document on behalf of the Depositor. Such power of attorney shall continue until the earlier of (i) receipt by the Trustee from the Depositor of written termination of such power of attorney and (ii) the termination of the Trust. Notwithstanding anything herein to the contrary, the Depositor, and not the Trustee, shall be responsible for executing each Form 10-K filed on behalf of the Trust.

(ii)          Each Form 8-K shall be filed by the Trustee within 15 days after each Distribution Date, with a copy of the statement to the Certificateholders for such Distribution Date as an exhibit thereto. Subject to Section 3.22(b)(v), prior to March 30th of each year (or such earlier date as may be required by the Exchange Act and the Rules and Regulations of the Securities and Exchange Commission), the Trustee shall file a Form 10-K, in substance as required by applicable law or applicable Security and Exchange Commission interpretations. The Trustee shall prepare such Form 10-K and provide the Depositor with such Form 10-K not later than March 20th of each year, subject to Section 3.22(b)(v). Following its receipt thereof, the Depositor shall execute such Form 10-K and provide the original of such Form 10-K to the Trustee not later than March 25th (or, if the applicable March 25th is not a Business Day, the next succeeding Business Day) of each year; provided, however, that if the filing of such Form 10-K shall be required to occur on a date earlier than March 30th of each year as may be required by the Exchange Act and the Rules and Regulations of the Securities and Exchange Commission, then the time periods for preparation and execution of such Form 10-K set forth in this sentence shall be adjusted accordingly. Such Form 10-K when filed shall include as exhibits the Servicer’s annual statement of compliance described under Section 3.20 and the accountant’s report described under Section 3.21, in each case to the extent they have been timely delivered to the Trustee. If they are not so timely delivered, the Trustee shall file an amended Form 10-K, at the expense of the Servicer, including such documents as exhibits reasonably promptly after they are delivered to the Trustee. The Trustee shall have no liability with respect to any failure to properly prepare or file such periodic reports resulting from or relating to the Trustee’s inability or failure to obtain any information not resulting from its own negligence or willful misconduct. The Form 10-K shall also include a certification in the form attached hereto as Exhibit N-1 (the “Certification”), which shall be signed by the senior officer of the Depositor in charge of securitization.

(iii)        In addition, (x) subject to Section 3.22(b)(v) hereof, the Trustee shall sign a certification (in the form attached hereto as Exhibit N-2) for the benefit of the Depositor and its

 



officers, directors and Affiliates regarding certain aspects of the Certification (the “Trustee Certification”); provided, however, that the Trustee shall not undertake an analysis of the accountant’s report attached as an exhibit to the Form 10-K, and (y) the Servicer shall sign a certification (in the form attached hereto as Exhibit N-3) for the benefit of the Depositor, the Trustee and their officers, directors and Affiliates regarding certain aspects of the Certification (the “Servicer Certification”). The Servicer Certification shall be delivered to the Depositor and the Trustee no later than March 20th or if such day is not a Business Day, the preceding Business Day, each year (subject to Section 3.22(b)(v) hereof).

In addition, (A) the Trustee shall indemnify and hold harmless the Depositor and its officers, directors and Affiliates from and against any actual losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments and other costs and expenses arising out of third party claims based upon a breach of the Trustee’s obligations under this Section 3.22(b) or any material misstatement contained in the Trustee Certification, other than as a result of incorrect information provided to the Trustee by the Servicer, and (B) the Servicer shall indemnify and hold harmless the Depositor, the Trustee and their respective officers, directors and Affiliates from and against any actual losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments and other costs and expenses that such Person may sustain arising out of third party claims based upon a breach of the Servicer’s obligations under this Section 3.22(b)(iii), any material misstatement or omission contained in the Servicer’s Certification or any information correctly derived by the Trustee and included in a Form 8-K or Form 10-K from information provided to the Trustee by the Servicer under this Agreement. If the indemnification provided for herein is unavailable or insufficient to hold harmless the Depositor, then (i) the Trustee agrees that it shall contribute to the amount paid or payable by the Depositor as a result of the losses, claims, damages or liabilities of the Depositor in such proportion as is appropriate to reflect the relative fault of the Depositor on the one hand and the Trustee on the other and (ii) the Servicer agrees that it shall contribute to the amount paid or payable by the Depositor as a result of the losses, claims, damages or liabilities of the Depositor in such proportion as is appropriate to reflect the relative fault of the Depositor on the one hand and the Servicer on the other.

(iv)         Upon any filing with the Securities and Exchange Commission, the Trustee shall promptly deliver to the Depositor a copy of any executed report, statement or information.

(v)          Prior to January 30 of the first year in which the Trustee is able to do so under applicable law, the Trustee shall file a Form 15 Suspension Notification with respect to the Trust.

(vi)         To the extent that, following the Closing Date, the Depositor certifies that reports and certifications differing from those required under this Section 3.22(b) comply with the reporting requirements under the Exchange Act, the Trustee and the Servicer hereby agree that they will reasonably cooperate to amend the provisions of this Section 3.22(b) in order to comply with such amended reporting requirements and such amendment of this Section 3.22(b); provided, however, that the Trustee shall not be responsible for executing any Form 10-K or the

 



Certification. Any such amendment may result in the reduction of the reports filed by the Depositor under the Exchange Act.

 

SECTION 3.23

Title, Management and Disposition of REO Property.

(a)          The deed or certificate of sale of any REO Property shall, subject to applicable laws, be taken in the name of the Trustee, or its nominee, in trust for the benefit of the Certificateholders or in the name of the Servicer in accordance with the Servicer’s customary servicing practices and held for the benefit of the Trust Fund. The Servicer, on behalf of REMIC 1, shall sell any REO Property as soon as practicable and in any event no later than the end of the third full taxable year after the taxable year in which such REMIC acquires ownership of such REO Property for purposes of Section 860G(a)(8) of the Code or request from the Internal Revenue Service, no later than 60 days before the day on which the three-year grace period would otherwise expire, an extension of such three-year period, unless the Servicer shall have delivered to the Trustee an Opinion of Counsel, addressed to the Trustee and the Depositor, to the effect that the holding by the REMIC of such REO Property subsequent to three years after its acquisition will not result in the imposition on the REMIC of taxes on “prohibited transactions” thereof, as defined in Section 860F of the Code, or cause any of the REMICs created hereunder to fail to qualify as a REMIC under Federal law at any time that any Certificates are outstanding. The Servicer shall manage, conserve, protect and operate each REO Property for the Certificateholders solely for the purpose of its prompt disposition and sale in a manner which does not cause such REO Property to fail to qualify as “foreclosure property” within the meaning of Section 860G(a)(8) of the Code or result in the receipt by any of the REMICs created hereunder of any “income from non-permitted assets” within the meaning of Section 860F(a)(2)(B) of the Code, or any “net income from foreclosure property” which is subject to taxation under the REMIC Provisions.

(b)          The Servicer shall separately account for all funds collected and received in connection with the operation of any REO Property and shall establish and maintain, or cause to be established and maintained, with respect to REO Properties an account held in trust for the Trustee for the benefit of the Certificateholders (the “REO Account”), which shall be an Eligible Account. The Servicer shall be permitted to allow the Collection Account to serve as the REO Account, subject to separate ledgers for each REO Property. The Servicer shall be entitled to retain or withdraw any interest income paid on funds deposited in the REO Account.

(c)          The Servicer shall have full power and authority, subject only to the specific requirements and prohibitions of this Agreement, to do any and all things in connection with any REO Property as are consistent with the manner in which the Servicer manages and operates similar property owned by the Servicer or any of its Affiliates, all on such terms and for such period (subject to the requirement of prompt disposition set forth in Section 3.23(a)) as the Servicer deems to be in the best interests of Certificateholders. In connection therewith, the Servicer shall deposit, or cause to be deposited in the REO Account, in no event more than two Business Days after the Servicer’s receipt thereof, all revenues received by it with respect to an REO Property and shall withdraw therefrom funds necessary for the proper operation, management and maintenance of such REO Property including, without limitation:

 



 

 

(i)

all insurance premiums due and payable in respect of such REO Property;

(ii)          all real estate taxes and assessments in respect of such REO Property that may result in the imposition of a lien thereon; and

(iii)         all costs and expenses necessary to maintain, operate and dispose of such REO Property.

To the extent that amounts on deposit in the REO Account with respect to an REO Property are insufficient for the purposes set forth in clauses (i) through (iii) above with respect to such REO Property, the Servicer shall advance from its own funds such amount as is necessary for such purposes if, but only if, the Servicer would make such advances if the Servicer owned the REO Property and if in the Servicer’s judgment, the payment of such amounts will be recoverable from the rental or sale of the REO Property.

Notwithstanding the foregoing, neither the Servicer nor the Trustee shall:

(A)         authorize the Trust Fund to enter into, renew or extend any New Lease with respect to any REO Property, if the New Lease by its terms will give rise to any income that does not constitute Rents from Real Property;

(B)         authorize any amount to be received or accrued under any New Lease other than amounts that will constitute Rents from Real Property;

(C)         authorize any construction on any REO Property, other than the completion of a building or other improvement thereon, and then only if more than ten percent of the construction of such building or other improvement was completed before default on the related Mortgage Loan became imminent, all within the meaning of Section 856(e)(4)(B) of the Code; or

(D)         authorize any Person to Directly Operate any REO Property on any date more than 90 days after its date of acquisition by the Trust Fund;

unless, in any such case, the Servicer has obtained an Opinion of Counsel, addressed to the Trustee, to the effect that such action will not cause such REO Property to fail to qualify as “foreclosure property” within the meaning of Section 860G(a)(8) of the Code at any time that it is held by the REMIC, in which case the Servicer may take such actions as are specified in such Opinion of Counsel.

The Servicer may contract with any Independent Contractor for the operation and management of any REO Property, provided that:

(1)          the terms and conditions of any such contract shall not be inconsistent herewith;

(2)          any such contract shall require, or shall be administered to require, that the Independent Contractor pay all costs and expenses incurred in connection with the

 



operation and management of such REO Property, including those listed above and remit all related revenues (net of such costs and expenses) to the Servicer as soon as practicable, but in no event later than thirty days following the receipt thereof by such Independent Contractor;

(3)          none of the provisions of this Section 3.23(c) relating to any such contract or to actions taken through any such Independent Contractor shall be deemed to relieve the Servicer of any of its duties and obligations to the Trustee on behalf of the Certificateholders with respect to the operation and management of any such REO Property; and

(4)          the Servicer shall be obligated with respect thereto to the same extent as if it alone were performing all duties and obligations in connection with the operation and management of such REO Property.

The Servicer shall be entitled to enter into any agreement with any Independent Contractor performing services for it related to its duties and obligations hereunder for indemnification of the Servicer by such Independent Contractor, and nothing in this Agreement shall be deemed to limit or modify such indemnification. The Servicer shall be solely liable for all fees owed by it to any such Independent Contractor, irrespective of whether the Servicer’s compensation pursuant to Section 3.18 is sufficient to pay such fees; provided, however, that to the extent that any payments made by such Independent Contractor would constitute Servicing Advances if made by the Servicer, such amounts shall be reimbursable as Servicing Advances made by the Servicer.

(d)          In addition to the withdrawals permitted under Section 3.23(c), the Servicer may from time to time make withdrawals from the REO Account for any REO Property: (i) to pay itself or any Sub-Servicer unpaid Servicing Fees in respect of the related Mortgage Loan; and (ii) to reimburse itself or any Sub-Servicer for unreimbursed Servicing Advances and Advances made in respect of such REO Property or the related Mortgage Loan. On the Servicer Remittance Date, the Servicer shall withdraw from each REO Account maintained by it and deposit into the Distribution Account in accordance with Section 3.10(d)(ii), for distribution on the related Distribution Date in accordance with Section 4.01, the income from the related REO Property received during the prior calendar month, net of any withdrawals made pursuant to Section 3.23(c) or this Section 3.23(d).

(e)          Subject to the time constraints set forth in Section 3.23(a), each REO Disposition shall be carried out by the Servicer in a manner, at such price and upon such terms and conditions as shall be normal and usual in the Servicing Standard.

(f)           The proceeds from the REO Disposition, net of any amount required by law to be remitted to the Mortgagor under the related Mortgage Loan and net of any payment or reimbursement to the Servicer or any Sub-Servicer as provided above, shall be deposited in the Distribution Account in accordance with Section 3.10(d)(ii) on the Servicer Remittance Date in the month following the receipt thereof for distribution on the related Distribution Date in

 



accordance with Section 4.01. Any REO Disposition shall be for cash only (unless changes in the REMIC Provisions made subsequent to the Startup Day allow a sale for other consideration).

(g)          The Servicer shall file information returns with respect to the receipt of mortgage interest received in a trade or business, reports of foreclosures and abandonments of any Mortgaged Property and cancellation of indebtedness income with respect to any Mortgaged Property as required by the Code. Such reports shall be in form and substance sufficient to meet the reporting requirements of the Code.

 

SECTION 3.24

Obligations of the Servicer in Respect of Prepayment Interest Shortfalls.

Not later than 4:00 p.m. New York time on each Servicer Remittance Date, the Servicer shall remit to the Distribution Account an amount (“Compensating Interest”) equal to the lesser of (A) the aggregate of the Prepayment Interest Shortfalls for the related Distribution Date and (B) its aggregate Servicing Fee received in the related Due Period. The Servicer shall not have the right to reimbursement for any amounts remitted to the Trustee in respect of Compensating Interest. Such amounts so remitted shall be included in the Available Funds and distributed therewith on the next Distribution Date. The Servicer shall not be obligated to pay Compensating Interest with respect to Relief Act Interest Shortfalls.

 

SECTION 3.25

[Reserved].

 

SECTION 3.26

Obligations of the Servicer in Respect of Mortgage Rates and Monthly Payments.

In the event that a shortfall in any collection on or liability with respect to the Mortgage Loans in the aggregate results from or is attributable to adjustments to Mortgage Rates, Monthly Payments or Stated Principal Balances that were made by the Servicer in a manner not consistent with the terms of the related Mortgage Note and this Agreement, the Servicer, upon discovery or receipt of notice thereof, immediately shall deposit in the Collection Account from its own funds the amount of any such shortfall and shall indemnify and hold harmless the Trust Fund, the Trustee, the Depositor and any successor servicer in respect of any such liability. Such indemnities shall survive the termination or discharge of this Agreement. Notwithstanding the foregoing, this Section 3.26 shall not limit the ability of the Servicer to seek recovery of any such amounts from the related Mortgagor under the terms of the related Mortgage Note, as permitted by law.

 

SECTION 3.27

[Reserved].

 

SECTION 3.28

[Reserved].

 

SECTION 3.29

Advance Facility.

The Servicer is hereby authorized to enter into a financing or other facility (any such arrangement, an “Advance Facility”) under which (1) the Servicer sells, assigns or pledges to another Person (together with such Person’s successors and assigns, an “Advancing Person”)

 



the Servicer’s rights under this Agreement to be reimbursed for any Advances or Servicing Advances and/or (2) an Advancing Person agrees to fund some or all Advances and/or Servicing Advances required to be made by the Servicer pursuant to this Agreement. No consent of the Depositor, the Trustee, the Certificateholders or any other party shall be required before the Servicer may enter into an Advance Facility. The Servicer shall notify each other party to this Agreement in writing prior to or promptly after entering into or terminating any Advance Facility stating the identity of the Advancing Person. Notwithstanding the existence of any Advance Facility under which an Advancing Person agrees to fund Advances and/or Servicing Advances on the Servicer’s behalf, the Servicer shall remain obligated pursuant to this Agreement to make Advances and Servicing Advances pursuant to and as required by this Agreement. If the Servicer enters into an Advance Facility, and for so long as an Advancing Person remains entitled to receive reimbursement for any Advances including Nonrecoverable Advances (“Advance Reimbursement Amounts”) and/or Servicing Advances including Nonrecoverable Advances (“Servicing Advance Reimbursement Amounts” and together with Advance Reimbursement Amounts, “Reimbursement Amounts”) (in each case to the extent such type of Reimbursement Amount is included in the Advance Facility), as applicable, pursuant to this Agreement, then the Servicer shall identify, in the Officer’s Certificate described in the next two sentences, such Reimbursement Amounts consistent with the reimbursement rights set forth in Section 3.11(a)(ii), (iii), (vi) and (vii) and remit such Reimbursement Amounts in accordance with Section 3.10(b) or otherwise in accordance with the documentation establishing the Advance Facility to such Advancing Person or to a trustee, agent or custodian (an “Advance Facility Trustee”) designated by such Advancing Person. Notwithstanding the foregoing, if so required pursuant to the terms of the Advance Facility, the Servicer may direct, and if so directed the Trustee is hereby authorized to and shall pay to the Advance Facility Trustee the Reimbursement Amounts identified pursuant to the preceding sentence. To the extent that an Advancing Person funds any Advance and the Servicer provides the Trustee with an Officer’s Certificate that such Advancing Person is entitled to reimbursement, such Advancing Person shall be entitled to receive reimbursement pursuant to this Agreement for such amount to the extent provided in this section. Such Officer’s Certificate must specify the amount of the reimbursement, the remittance date, the Section of this Agreement that permits the applicable Advance to be reimbursed and either the section(s) of the Advance Facility that entitle the Advancing Person to request reimbursement from the Trustee, rather than the Servicer, or proof of an event of default by the Servicer under the Advance Facility entitling the Advancing Person to reimbursement from the Trustee. Notwithstanding anything to the contrary herein, in no event shall Advance Reimbursement Amounts or Servicing Advance Reimbursement Amounts be included in the Available Funds or distributed to Certificateholders.

Reimbursement Amounts shall consist solely of amounts in respect of Advances and/or Servicing Advances made with respect to the Mortgage Loans for which the Servicer would be permitted to reimburse itself in accordance with this Agreement, assuming the Servicer or the Advancing Person had made the related Advance(s) and/or Servicing Advance(s). Notwithstanding the foregoing, except with respect to reimbursement of Nonrecoverable Advances as set forth in this Agreement, no Person shall be entitled to reimbursement from funds held in the Collection Account for future distribution to Certificateholders pursuant to this Agreement. None of the Depositor or the Trustee shall have any duty or liability with respect to the calculation of any Reimbursement Amount and shall be entitled to rely, without independent

 



investigation, on the Officer’s Certificate provided pursuant to this Section 3.29, nor shall the Depositor or the Trustee have any responsibility to track or monitor the administration of the Advance Facility and the Depositor shall not have any responsibility to track, monitor or verify the payment of Reimbursement Amounts to the related Advancing Person or Advance Facility Trustee. The Servicer shall maintain and provide to any successor servicer and (upon request) the Trustee a detailed accounting on a loan by loan basis as to amounts advanced by, sold, pledged or assigned to, and reimbursed to any Advancing Person. The successor servicer shall be entitled to rely on any such information provided by the predecessor servicer, and the successor servicer shall not be liable for any errors in such information. Any successor Servicer shall reimburse the predecessor Servicer and itself for outstanding Advances and Servicing Advances, respectively, with respect to each Mortgage Loan on a first in, first out (“FIFO”) basis; provided that the successor Servicer has received prior written notice from the predecessor Servicer or the Advancing Person of reimbursement amounts owed to the predecessor Servicer. Liquidation Proceeds with respect to a Mortgage Loan shall be applied to reimburse Advances outstanding with respect to that Mortgage Loan before being applied to reimburse Servicing Advances outstanding with respect to that Mortgage Loan.

An Advancing Person who receives an assignment or pledge of the rights to be reimbursed for Advances and/or Servicing Advances, and/or whose obligations hereunder are limited to the funding or purchase of Advances and/or Servicing Advances shall not be required to meet the criteria for qualification of a subservicer set forth in this Agreement.

Upon the direction of and at the expense of the Servicer, the Trustee agrees to execute such acknowledgments, certificates, and other documents provided by the Servicer recognizing the interests of any Advance Facility Trustee in such Reimbursement Amounts as the Servicer may cause to be made subject to Advance Facilities pursuant to this Section 3.29.

The Servicer shall remain entitled to be reimbursed for all Advances and Servicing Advances funded by the Servicer to the extent the related rights to be reimbursed therefor have not been sold, assigned or pledged to an Advancing Person.

The Servicer shall indemnify the Depositor, the Trustee, any successor servicer and the Trust Fund for any loss, liability or damage resulting from any claim by the related Advancing Person, except to the extent that such claim, loss, liability or damage resulted from or arose out of negligence, recklessness or willful misconduct or breach of its duties hereunder on the part of the Depositor, the Trustee or any successor servicer.

Any amendment to this Section 3.29 or to any other provision of this Agreement that may be necessary or appropriate to effect the terms of an Advance Facility as described generally in this Section 3.29, including amendments to add provisions relating to a successor servicer, may be entered into by the Trustee, the Depositor and the Servicer without the consent of any Certificateholder, provided such amendment complies with Section 11.01 hereof. All reasonable costs and expenses (including attorneys’ fees) of each party hereto of any such amendment shall be borne solely by the Servicer. Prior to entering into an Advance Facility, the Servicer shall notify the Advancing Person in writing that: (a) the Advances and/or Servicing Advances purchased, financed by and/or pledged to the Advancing Person are obligations owed

 



to the Servicer on a non-recourse basis payable only from the cash flows and proceeds received under this Agreement for reimbursement of Advances and/or Servicing Advances only to the extent provided herein, and the Trustee and the Trust are not otherwise obligated or liable to repay any Advances and/or Servicing Advances financed by the Advancing Person and (b) the Trustee shall not have any responsibility to calculate any Reimbursement Amounts or to track or monitor the administration of the Advance Facility between the Servicer and the Advancing Person.

 



 

ARTICLE IV

 

FLOW OF FUNDS

 

SECTION 4.01

Distributions.

(a)          On each Distribution Date, to the extent of funds on deposit in the Distribution Account, the Trustee shall, first, withdraw from the Distribution Account an amount equal to the Credit Risk Manager Fee for such Distribution Date and shall pay such amount to the Credit Risk Manager and, then, withdraw from the Distribution Account that portion of Available Funds for such Distribution Date consisting of the Interest Remittance Amount for such Distribution Date, and make the following disbursements and transfers in the order of priority described below, in each case to the extent of the Interest Remittance Amount remaining for such Distribution Date:

(i)           concurrently, to the Holders of the Class A Certificates, on a pro rata basis based on the entitlement of each such Class, the Monthly Interest Distributable Amount and the Unpaid Interest Shortfall Amount, if any, for such Certificates; and

(ii)          sequentially, to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10, Class B-1 and Class B-2 Certificates, in that order, the Monthly Interest Distributable Amount allocable to such Certificates.

(b)          On each Distribution Date (a) prior to the Stepdown Date or (b) on which a Trigger Event is in effect, to the extent of funds on deposit in the Distribution Account, distributions in respect of principal to the extent of the Principal Distribution Amount shall be made in the following amounts and order of priority:

(i)           to the Holders of the Class A Certificates (allocated among the Class A Certificates in the priority described below), until the Certificate Principal Balances thereof have been reduced to zero; and

(ii)          sequentially, to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10, Class B-1 and Class B-2 Certificates, in that order, until the Certificate Principal Balances thereof have been reduced to zero.

(c)          On each Distribution Date (a) on or after the Stepdown Date and (b) on which a Trigger Event is not in effect, to the extent of funds on deposit in the Distribution Account, distributions in respect of principal to the extent of the Principal Distribution Amount shall be made in the following amounts and order of priority:

(i)           to the Holders of the Class A Certificates (allocated among the Class A Certificates in the priority described below), the Senior Principal Distribution Amount until the Certificate Principal Balances thereof have been reduced to zero;

 



 

(ii)          to the Holders of the Class M-1 Certificates, the Class M-1 Principal Distribution Amount until the Certificate Principal Balances thereof have been reduced to zero;

(iii)        to the Holders of the Class M-2 Certificates, the Class M-2 Principal Distribution Amount until the Certificate Principal Balance thereof has been reduced to zero;

(iv)         to the Holders of the Class M-3 Certificates, the Class M-3 Principal Distribution Amount until the Certificate Principal Balance thereof has been reduced to zero;

(v)          to the Holders of the Class M-4 Certificates, the Class M-4 Principal Distribution Amount until the Certificate Principal Balance thereof has been reduced to zero;

(vi)         to the Holders of the Class M-5 Certificates, the Class M-5 Principal Distribution Amount until the Certificate Principal Balance thereof has been reduced to zero;

(vii)       to the Holders of the Class M-6 Certificates, the Class M-6 Principal Distribution Amount until the Certificate Principal Balance thereof has been reduced to zero;

(viii)      to the Holders of the Class M-7 Certificates, the Class M-7 Principal Distribution Amount until the Certificate Principal Balance thereof has been reduced to zero;

(ix)         to the Holders of the Class M-8 Certificates, the Class M-8 Principal Distribution Amount until the Certificate Principal Balance thereof has been reduced to zero;

(x)          to the Holders of the Class M-9 Certificates, the Class M-9 Principal Distribution Amount until the Certificate Principal Balance thereof has been reduced to zero;

(xi)         to the Holders of the Class M-10 Certificates, the Class M-10 Principal Distribution Amount until the Certificate Principal Balance thereof has been reduced to zero;

(xii)       to the Holders of the Class B-1 Certificates, the Class B-1 Principal Distribution Amount until the Certificate Principal Balance thereof has been reduced to zero; and

(xiii)      to the Holders of the Class B-2 Certificates, the Class B-2 Principal Distribution Amount until the Certificate Principal Balance thereof has been reduced to zero.

 



 

With respect to the Class A Certificates, all principal distributions will be distributed sequentially, first, to the Holders of the Class A-6 Certificates, the Lockout Distribution Percentage of such principal distributions, until the Certificate Principal Balance of the Class A-6 Certificates has been reduced to zero; second, to the Class A-1 Certificates; until the Certificate Principal Balance of the Class A-1 Certificates has been reduced to zero; third, to the Class A-2 Certificates, until the Certificate Principal Balance of the Class A-2 Certificates has been reduced to zero; fourth, to the Class A-3 Certificates, until the Certificate Principal Balance of the Class A-3 Certificates has been reduced to zero; fifth, to the Class A-4 Certificates, until the Certificate Principal Balance of the Class A-4 Certificates has been reduced to zero; sixth, to the Class A-5 Certificates, until the Certificate Principal Balance of the Class A-5 Certificates has been reduced to zero and seventh, to the Class A-6 Certificates, until the Certificate Principal Balance of the Class A-6 Certificates has been reduced to zero; provided, however, on any Distribution Date on which the aggregate Certificate Principal Balance of the Floating Rate Certificates and the Class CE Certificates have been reduced to zero, all principal distributions will be distributed concurrently to the Class A Certificates on a pro rata basis based on the Certificate Principal Balance of each such Class, until their respective Certificate Principal Balances have been reduced to zero.

(d)          On each Distribution Date, to the extent of funds on deposit in the Distribution Account, the Net Monthly Excess Cashflow shall be distributed as follows:

(i)           to the Holders of the Class or Classes of Certificates then entitled to receive distributions in respect of principal, in an amount equal to any Extra Principal Distribution Amount, distributable to such Holders as part of the Principal Distribution Amount as described under Section 4.01(b) and Section 4.01(c) above;

(ii)          sequentially, to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10, Class B-1 and Class B-2 Certificates, in that order, in each case, first, up to the Unpaid Interest Shortfall Amount for each such Class and second, up to the Allocated Realized Loss Amount for each such Class;

(iii)        to the Net WAC Rate Carryover Reserve Account, the amount by which any Net WAC Rate Carryover Amounts for such Distribution Date exceed the amounts received by the Trustee under the Cap Contract;

(iv)         to the Holders of the Class C Certificates, (a) the Monthly Interest Distributable Amount and any Overcollateralization Release Amount for such Distribution Date and (b) on any Distribution Date on which the aggregate Certificate Principal Balance of the Fixed Rate Certificates and the Floating Rate Certificates has been reduced to zero, any remaining amounts in reduction of the Certificate Principal Balance of the Class C Certificates, until the Certificate Principal Balance thereof has been reduced to zero;

(v)          if such Distribution Date follows the Prepayment Period during which occurs the latest date on which a Prepayment Charge may be required to be paid in

 



respect of any Mortgage Loans, to the Holders of the Class P Certificates, in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance thereof is reduced to zero; and

(vi)         any remaining amounts to the Holders of the Residual Certificates (in respect of the Class R-1 Interest, the Class R-2 Interest, the Class R-3 Interest or the Class R-4 Interest, as appropriate).

Following the foregoing distributions, an amount equal to the amount of Subsequent Recoveries deposited into the Collection Account pursuant to Section 3.10 shall be applied to increase the Certificate Principal Balance of the Class of Certificates with the Highest Priority up to the extent of such Realized Losses previously allocated to that Class of Certificates pursuant to Section 4.08. An amount equal to the amount of any remaining Subsequent Recoveries shall be applied to increase the Certificate Principal Balance of the Class of Certificates with the next Highest Priority, up to the amount of such Realized Losses previously allocated to that Class of Certificates pursuant to Section 4.08. Holders of such Certificates will not be entitled to any distribution in respect of interest on the amount of such increases for any Interest Accrual Period preceding the Distribution Date on which such increase occurs. Any such increases shall be applied to the Certificate Principal Balance of each Certificate of such Class in accordance with its respective Percentage Interest.

On each Distribution Date, after making the distributions of the Available Funds as set forth above, the Trustee will withdraw from the Net WAC Rate Carryover Reserve Account, to the extent of amounts remaining on deposit therein, the amount of any Net WAC Rate Carryover Amount for such Distribution Date and distribute such amount in the following order of priority:

(i)           sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10, Class B-1 and Class B-2 Certificates, in that order, from payments made under the Cap Contract, up to a maximum amount equal to the related Net WAC Rate Carryover Amount for such Distribution Date;

(ii)          concurrently, to the Class A Certificates, on a pro rata basis based on the entitlement of each such Class, the related Net WAC Rate Carryover Amount; and

(iii)        sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10, Class B-1 and Class B-2 Certificates, in that order, the related Net WAC Rate Carryover Amount remaining undistributed pursuant to clause (i) above.

On each Distribution Date, all amounts representing Prepayment Charges in respect of the Mortgage Loans received during the related Prepayment Period and any Servicer Prepayment Charge Amounts paid by the Servicers during the related Prepayment Period and on deposit in the Distribution Account will be withdrawn from the Distribution Account and distributed by the Trustee to the Holders of the Class P Certificates and shall not be available for

 



distribution to the Holders of any other Class of Certificates. The payment of the foregoing amounts to the Holders of the Class P Certificates shall not reduce the Certificate Principal Balances thereof.

(e)          The Trustee shall make distributions in respect of a Distribution Date to each Certificateholder of record on the related Record Date (other than as provided in Section 10.01 respecting the final distribution), in the case of Certificateholders of the Regular Certificates, by check or money order mailed to such Certificateholder at the address appearing in the Certificate Register, or by wire transfer if such Certificateholder has provided to the Trustee wire transfer instructions by five Business Days prior to such Record Date. Distributions among Certificateholders shall be made in proportion to the Percentage Interests evidenced by the Certificates held by such Certificateholders.

(f)           Each distribution with respect to a Book-Entry Certificate shall be paid to the Depository, which shall credit the amount of such distribution to the accounts of its Depository Participants in accordance with its normal procedures. Each Depository Participant shall be responsible for disbursing such distribution to the Certificate Owners that it represents and to each indirect participating brokerage firm (a “brokerage firm” or “indirect participating firm”) for which it acts as agent. Each brokerage firm shall be responsible for disbursing funds to the Certificate Owners that it represents. All such credits and disbursements with respect to a Book-Entry Certificate are to be made by the Depository and the Depository Participants in accordance with the provisions of the Certificates. None of the Trustee, the Depositor or the Servicers shall have any responsibility therefor except as otherwise provided by applicable law.

(g)          Except as otherwise provided in Section 10.01, whenever the Trustee expects that the final distribution with respect to any Class of Certificates will be made on the next Distribution Date, the Trustee shall, no later than two days prior to the related Distribution Date, send, by overnight delivery or by registered mail, to each Holder on such date of such Class of Certificates a notice to the effect that:

(i)           the Trustee expects that the final distribution with respect to the Certificates of such Class will be made on such Distribution Date but only upon presentation and surrender of such Certificates at the office of the Trustee therein specified, and

(ii)          no interest shall accrue on such Certificates from and after the end of the calendar month preceding such final Distribution Date.

 

SECTION 4.02

[Reserved].

 

SECTION 4.03

Statements.

(a)          On each Distribution Date, based, as applicable, on information provided to it by the Servicers pursuant to Sections 3.19 and 4.04, the Trustee shall prepare and make available to each Holder of the Regular Certificates, the Servicers, the Credit Risk Manager and

 



the Rating Agencies, a statement as to the distributions made on such Distribution Date which shall include the following information:

(i)           the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates, separately identified, allocable to principal and the amount of the distribution made to the Holders of the Class P Certificates allocable to Prepayment Charges and Servicer Prepayment Charge Payment Amounts;

(ii)          the amount of the distribution made on such Distribution Date to the Holders of each Class of Regular Certificates (other than the Class P Certificates) allocable to interest, separately identified;

(iii)        the Overcollateralized Amount, the Overcollateralization Release Amount, the Overcollateralization Deficiency Amount (if any) and the Overcollateralization Target Amount as of such Distribution Date and the Excess Overcollateralized Amount (if any) for the Mortgage Pool for such Distribution Date;

(iv)         the aggregate amount of servicing compensation received by each Servicer with respect to the related Due Period and such other customary information as the Trustee deems necessary or desirable, or which a Certificateholder reasonably requests, to enable Certificateholders to prepare their tax returns;

 

(v)

the aggregate amount of Advances for the related Due Period;

(vi)         the Pool Balance at the Close of Business at the end of the related Due Period;

(vii)       the number, aggregate Stated Principal Balance, weighted average remaining term to maturity and weighted average Mortgage Rate of the Mortgage Loans as of the related Determination Date;

(viii)      the number and aggregate unpaid Stated Principal Balance of Mortgage Loans that were (A) Delinquent (exclusive of Mortgage Loans in bankruptcy or foreclosure and REO Properties) (1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, (B) as to which foreclosure proceedings have been commenced and Delinquent (1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, (C) in bankruptcy and Delinquent (1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, in each case as of the Close of Business on the last day of the calendar month preceding such Distribution Date and (D) REO Properties;

 

(ix)

[Reserved];

(x)          the total number and cumulative Stated Principal Balance of all REO Properties as of the Close of Business of the last day of the preceding Prepayment Period;

(xi)         the aggregate amount of Principal Prepayments made during the related Prepayment Period;

 



 

(xii)       the aggregate amount of Realized Losses incurred during the related Prepayment Period and the cumulative amount of Realized Losses since the Closing Date and the aggregate amount of Subsequent Recoveries received during the related Prepayment Period and the cumulative amount of Subsequent Recoveries received since the Closing Date;

(xiii)      the aggregate amount of extraordinary Trust Fund expenses withdrawn from the Collection Account for such Distribution Date;

(xiv)      the Certificate Principal Balance of the Certificates (other than the Residual Certificates), after giving effect to the distributions made on such Distribution Date;

(xv)        the Monthly Interest Distributable Amount in respect of each Class of Fixed Rate Certificates and Floating Rate Certificates and the Class C Certificates for such Distribution Date and the Unpaid Interest Shortfall Amount, if any, with respect to the Fixed Rate Certificates, the Floating Rate Certificates and the Class C Certificates for such Distribution Date;

(xvi)      the aggregate amount of any Net Prepayment Interest Shortfalls for such Distribution Date;

 

(xvii)

the Credit Enhancement Percentage for such Distribution Date;

(xviii)    the Net WAC Rate Carryover Amount for each Class of Fixed Rate Certificates and Floating Rate Certificates, if any, for such Distribution Date and the amount remaining unpaid after reimbursements therefor on such Distribution Date;

(xix)      any Overcollateralization Target Amount, Overcollateralized Amount and Overcollateralization Deficiency Amount after giving effect to the distribution of principal on such Distribution Date;

 

(xx)

when the Stepdown Date or a Trigger Event has occurred;

 

(xxi)

the amount of Available Funds;

 

(xxii)     the respective Pass-Through Rates applicable to each Class of Fixed Rate Certificates and Floating Rate Certificates and the Class C Certificates for such Distribution Date and the Pass-Through Rate applicable to each Class of Fixed Rate Certificates and Floating Rate Certificates for the immediately succeeding Distribution Date; and

 

(xxiii)

payments, if any, received under the Cap Contract.

The Trustee will make such statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders, the Credit Risk Manager and the Rating Agencies via the Trustee’s internet

 



website located at “http://www.jpmorgan.com/sfr.” Assistance in using the website can be obtained by calling the Trustee’s customer service desk at 877-722-1095. Parties that are unable to use the website are entitled to have a paper copy mailed to them via first class mail by written notice to the Trustee at its Corporate Trust Office. The Trustee’s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Servicers. The foregoing information shall be reported to the Trustee each month on or before the Servicer Remittance Date.

In the case of information furnished pursuant to subclauses (i) through (iii) above, the amounts shall be expressed in a separate section of the report as a dollar amount for each Class for each $1,000 original dollar amount as of the Cut-off Date.

(b)          Within a reasonable period of time after the end of each calendar year, the Trustee shall, upon written request, furnish to each Person who at any time during the calendar year was a Certificateholder of a Regular Certificate, if requested in writing by such Person, such information as is reasonably necessary to provide to such Person a statement containing the information set forth in subclauses (i) through (iii) above, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished by the Trustee to Certificateholders pursuant to any requirements of the Code as are in force from time to time.

(c)          On each Distribution Date, the Trustee shall make available to the Residual Certificateholders a copy of the reports forwarded to the Regular Certificateholders in respect of such Distribution Date with such other information as the Trustee deems necessary or appropriate.

(d)          Within a reasonable period of time after the end of each calendar year, the Trustee shall deliver to each Person who at any time during the calendar year was a Residual Certificateholder, if requested in writing by such Person, a statement containing the information provided pursuant to the previous paragraph aggregated for such calendar year or applicable portion thereof during which such Person was a Residual Certificateholder. Such obligation of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be prepared and furnished to Certificateholders by the Trustee pursuant to any requirements of the Code as from time to time in force.

 

SECTION 4.04

Remittance Reports; Advances.

(a)          On the second Business Day following each Determination Date, each Servicer shall deliver to the Trustee by telecopy or electronic mail (or by such other means as the related Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than the second Business Day following each Determination Date, each Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided in the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section

 



4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by either Servicer.

(b)          The amount of Advances to be made by each Servicer for any Distribution Date shall equal, subject to Section 4.04(d), the sum of (i) the aggregate amount of Monthly Payments (net of the related Servicing Fee), due during the related Due Period in respect of the Mortgage Loans, which Monthly Payments were delinquent on a contractual basis as of the Close of Business on the related Determination Date and (ii) with respect to each REO Property, which REO Property was acquired during or prior to the related Due Period and as to which REO Property an REO Disposition did not occur during the related Due Period, an amount equal to the excess, if any, of the REO Imputed Interest on such REO Property for the most recently ended calendar month, over the net income from such REO Property transferred to the Distribution Account pursuant to Section 3.23 for distribution on such Distribution Date.

On or before 4:00 p.m. New York time on the Servicer Remittance Date, each Servicer shall remit in immediately available funds to the Trustee for deposit in the Distribution Account an amount equal to the aggregate amount of Advances, if any, to be made in respect of the Mortgage Loans and REO Properties for the related Distribution Date either (i) from its own funds or (ii) from its Collection Account, to the extent of funds held therein for future distribution (in which case it will cause to be made an appropriate entry in the records of the related Collection Account that amounts held for future distribution have been, as permitted by this Section 4.04, used by the related Servicer in discharge of any such Advance) or (iii) in the form of any combination of (i) and (ii) aggregating the total amount of Advances to be made by the related Servicer with respect to the Mortgage Loans and REO Properties. Any amounts held for future distribution used by the related Servicer to make an Advance as permitted in the preceding sentence shall be appropriately reflected in the related Servicer’s records and replaced by the related Servicer by deposit in its Collection Account on or before any future Servicer Remittance Date to the extent that the Available Funds for the related Distribution Date (determined without regard to Advances to be made on the Servicer Remittance Date) shall be less than the total amount that would be distributed to the Classes of Certificateholders pursuant to Section 4.01 on such Distribution Date if such amounts held for future distributions had not been so used to make Advances. The Trustee will provide notice to the related Servicer by telecopy by the Close of Business on any Servicer Remittance Date in the event that the amount remitted by the related Servicer to the Trustee on such date is less than the Advances required to be made by the related Servicer for the related Distribution Date, as set forth in the related Remittance Report.

(c)          The obligation of each Servicer to make such Advances is mandatory, notwithstanding any other provision of this Agreement but subject to (d) below, and, with respect to any Mortgage Loan, shall continue until the Mortgage Loan is paid in full or until all Liquidation Proceeds thereon have been recovered, or a Final Recovery Determination has been made thereon.

(d)          Notwithstanding anything herein to the contrary, no Advance or Servicing Advance shall be required to be made hereunder by either Servicer if such Advance or Servicing

 



Advance would, if made, constitute a Nonrecoverable Advance. The determination by either Servicer that it has made a Nonrecoverable Advance or that any proposed Advance or Servicing Advance, if made, would constitute a Nonrecoverable Advance, shall be evidenced by an Officers’ Certificate of the related Servicer delivered to the Depositor and the Trustee. Furthermore, neither Servicer shall be required to advance Relief Act Interest Shortfalls.

 

SECTION 4.05

[Reserved].

 

SECTION 4.06

Net WAC Rate Carryover Reserve Account.

No later than the Closing Date, the Trustee shall establish and maintain with itself a separate, segregated trust account titled, “Net WAC Rate Carryover Reserve Account, JPMorgan Chase Bank, N.A. as Trustee, in trust for registered Holders of CHEC Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1.” All amounts deposited in the Net WAC Rate Carryover Reserve Account shall be distributed to the Holders of the Fixed Rate Certificates and the Floating Rate Certificates in the manner set forth in Section 4.01(d).

On each Distribution Date as to which there is a Net WAC Rate Carryover Amount payable to the Fixed Rate Certificates or the Floating Rate Certificates, the Trustee has been directed by the Class C Certificateholders to, and therefore will, deposit into the Net WAC Rate Carryover Reserve Account the amounts described in Section 4.01(d)(iv), rather than distributing such amounts to the Class C Certificateholders. In addition, any payments received by the Trustee under the Cap Contract on each Distribution Date will be deposited into the Net WAC Rate Carryover Reserve Account. On each such Distribution Date, the Trustee shall hold all such amounts for the benefit of the Holders of the Fixed Rate Certificates and the Floating Rate Certificates, and will distribute such amounts to the Holders of the Fixed Rate Certificates and the Floating Rate Certificates in the amounts and priorities set forth in Section 4.01(d).

On each Distribution Date, any amounts remaining in the Net WAC Rate Carryover Reserve Account (representing payments received by the Trustee under the Cap Contract) after the payment of any Net WAC Rate Carryover Amounts on the Fixed Rate Certificates and the Floating Rate Certificates for such Distribution Date, shall be payable to the Trustee. For so long as any Floating Rate Certificates are beneficially owned by the Depositor or any of its Affiliates, the Depositor shall refund or cause such Affiliate to refund any amounts paid to it under the Cap Contract to the Trustee who shall, pursuant to the terms of the Cap Contract, return such amount to the counterparty thereunder.

For federal and state income tax purposes, the Class C Certificateholders will be deemed to be the owner of the Net WAC Rate Carryover Reserve Account. All amounts deposited into the Net WAC Rate Carryover Reserve Account (other than amounts received under the Cap Contract) shall be treated as amounts distributed by REMIC 2 to the Holder of the Class C Interest and by REMIC 3 to the Holder of the Class C Certificates. The Net WAC Rate Carryover Reserve Account will be an “outside reserve fund” within the meaning of Treasury regulation Section 1.860G-2(h). Upon the termination of the Trust, or the payment in full of the Fixed Rate Certificates and the Floating Rate Certificates, all amounts remaining on deposit in the Net WAC Rate Carryover Reserve Account will be released by the Trust and distributed to

 



the Class C Certificateholders or its designee. The Net WAC Rate Carryover Reserve Account will be part of the Trust but not part of any REMIC and any payments to the Holders of the Fixed Rate Certificates and the Floating Rate Certificates of Net WAC Rate Carryover Amounts will not be payments with respect to a “regular interest” in a REMIC within the meaning of Code Section 860(G)(a)(1).

By accepting a Class C Certificate, each Class C Certificateholder hereby agrees to direct the Trustee, and the Trustee hereby is directed, to deposit into the Net WAC Rate Carryover Reserve Account the amounts described above on each Distribution Date as to which there is any Net WAC Rate Carryover Amount rather than distributing such amounts to the Class C Certificateholders. By accepting a Class C Certificate, each Class C Certificateholder further agrees that such direction is given for good and valuable consideration, the receipt and sufficiency of which is acknowledged by such acceptance.

Amounts on deposit in the Net WAC Rate Carryover Reserve Account shall remain uninvested.

For federal tax return and information reporting, the value of the right to receive payments from the Net WAC Rate Carryover Account is $23,000.

 

SECTION 4.07

Distributions on the REMIC 1 Regular Interests.

(a)          On each Distribution Date, the Trustee shall cause in the following order of priority, the following amounts which shall be deemed to be distributed by REMIC 1 to REMIC 2 on account of the REMIC 1 Regular Interests or withdrawn from the Distribution Account and distributed to the holders of the Class R Certificates (in respect of the Class R-1 Interest), as the case may be:

(i)           first, to the extent of Available Funds, to Holders of REMIC 1 Regular Interest LTAA, REMIC 1 Regular Interest LTA1, REMIC 1 Regular Interest LTA2, REMIC 1 Regular Interest LTA3, REMIC 1 Regular Interest LTA4, REMIC 1 Regular Interest LTA5, REMIC 1 Regular Interest LTA6, REMIC 1 Regular Interest LTM1, REMIC 1 Regular Interest LTM2, REMIC 1 Regular Interest LTM3, REMIC 1 Regular Interest LTM4, REMIC 1 Regular Interest LTM5, REMIC 1 Regular Interest LTM6, REMIC 1 Regular Interest LTM7, REMIC 1 Regular Interest LTM8, REMIC 1 Regular Interest LTM9, REMIC 1 Regular Interest LTM10, REMIC 1 Regular Interest LTB1, REMIC 1 Regular Interest LTB2, REMIC 1 Regular Interest LTZZ and REMIC 1 Regular Interest LTP, on a pro rata basis, in an amount equal to (A) the Uncertificated Accrued Interest for such Distribution Date, plus (B) any amounts in respect thereof remaining unpaid from previous Distribution Dates. Amounts payable as Uncertificated Accrued Interest in respect of REMIC 1 Regular Interest LTZZ shall be reduced and deferred when the REMIC 1 Overcollateralization Amount is less than the REMIC 1 Overcollateralization Target Amount, by the lesser of (x) the amount of such difference and (y) the Maximum Uncertificated Accrued Interest Deferral Amount and such amount will be payable to the Holders of REMIC 1 Regular Interest LTA1, REMIC 1 Regular Interest LTA2, REMIC 1 Regular Interest LTA3, REMIC 1 Regular Interest LTA4,

 



REMIC 1 Regular Interest LTA5, REMIC 1 Regular Interest LTA6, REMIC 1 Regular Interest LTM1, REMIC 1 Regular Interest LTM2, REMIC 1 Regular Interest LTM3, REMIC 1 Regular Interest LTM4, REMIC 1 Regular Interest LTM5, REMIC 1 Regular Interest LTM6, REMIC 1 Regular Interest LTM7, REMIC 1 Regular Interest LTM8, REMIC 1 Regular Interest LTM9, REMIC 1 Regular Interest LTM10, REMIC 1 Regular Interest LTB1 and REMIC 1 Regular Interest LTB2 in the same proportion as the Overcollateralization Deficiency Amount is allocated to the Corresponding Certificates and the Uncertificated Principal Balance of the REMIC 1 Regular Interest LTZZ shall be increased by such amount; and

(ii)          second, to the Holders of REMIC 1 Regular Interests, in an amount equal to the remainder of the Available Funds for such Distribution Date after the distributions made pursuant to clause (i) above, allocated as follows:

(a)          98.00% of such remainder to the Holders of REMIC 1 Regular Interest LTAA and REMIC 1 Regular Interest LTP, until the Uncertificated Principal Balance of such Uncertificated REMIC 1 Regular Interest is reduced to zero; provided, however, that REMIC 1 Regular Interest LTP shall not be reduced until the Distribution Date immediately following the expiration of the latest Prepayment Charge as identified on the Prepayment Charge Schedule or any Distribution Date thereafter, at which point such amount shall be distributed to REMIC 1 Regular Interest LTP, until $100 has been distributed pursuant to this clause;

(b)          2.00 % of such remainder, first to the Holders of REMIC 1 Regular Interest LTA1, REMIC 1 Regular Interest LTA2, REMIC 1 Regular Interest LTA3, REMIC 1 Regular Interest LTA4, REMIC 1 Regular Interest LTA5, REMIC 1 Regular Interest LTA6, REMIC 1 Regular Interest LTM1, REMIC 1 Regular Interest LTM2, REMIC 1 Regular Interest LTM3, REMIC 1 Regular Interest LTM4, REMIC 1 Regular Interest LTM5, REMIC 1 Regular Interest LTM6, REMIC 1 Regular Interest LTM7, REMIC 1 Regular Interest LTM8, REMIC 1 Regular Interest LTM9, REMIC 1 Regular Interest LTM10, REMIC 1 Regular Interest LTB1 and REMIC 1 Regular Interest LTB2, equal to 1.00% of and in the same proportion as principal payments are allocated to the Corresponding Certificates, until the Uncertificated Principal Balances of such REMIC 1 Regular Interests are reduced to zero and second, to the Holders of REMIC 1 Regular Interest LTZZ, until the Uncertificated Principal Balance of such REMIC 1 Regular Interest is reduced to zero; and

(d)          any remaining amount to the Holders of the Class R Certificates (in respect of the Class R-2 Interest);

provided, however, that (i) 98.00% and (ii) 2.00% of any principal payments that are attributable to an Overcollateralization Release Amount shall be allocated to Holders of (i) REMIC 1 Regular Interest LTAA and REMIC 1 Regular Interest LTP, in that order and (ii) REMIC 1 Regular Interest LTZZ, respectively; provided that REMIC 1 Regular Interest LTP shall not be

 



reduced until the Distribution Date immediately following the expiration of the latest Prepayment Charge as identified on the Prepayment Charge Schedule or any Distribution Date thereafter, at which point such amount shall be distributed to REMIC 1 Regular Interest LT1P, until $100 has been distributed pursuant to this clause.

 

SECTION 4.08

Allocation of Realized Losses.

(a)          All Realized Losses on the Mortgage Loans allocated to any Regular Certificate shall be allocated by the Trustee on each Distribution Date as follows: first, to Net Monthly Excess Cashflow; second, to the Class C Certificates, until the Certificate Principal Balance thereof has been reduced to zero; third, to the Class B-2 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; fourth, to the Class B-1 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; fifth, to the Class M-10 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; sixth, to the Class M-9 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; seventh, to the Class M-8 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; eighth, to the Class M-7 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; ninth, to the Class M-6 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; tenth, to the Class M-5 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; eleventh, to the Class M-4 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; twelfth, to the Class M-3 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; thirteenth, to the Class M-2 Certificates, until the Certificate Principal Balance thereof has been reduced to zero and fourteenth, to the Class M-1 Certificates, until the Certificate Principal Balance thereof has been reduced to zero. All Realized Losses to be allocated to the Certificate Principal Balances of all Classes on any Distribution Date shall be so allocated after the actual distributions to be made on such date as provided above. All references above to the Certificate Principal Balance of any Class of Certificates shall be to the Certificate Principal Balance of such Class immediately prior to the relevant Distribution Date, before reduction thereof by any Realized Losses, in each case to be allocated to such Class of Certificates, on such Distribution Date.

Any allocation of Realized Losses to a Mezzanine Certificate or Class B Certificate on any Distribution Date shall be made by reducing the Certificate Principal Balance thereof by the amount so allocated; any allocation of Realized Losses to a Class C Certificates shall be made by reducing the amount otherwise payable in respect thereof pursuant to Section 4.01(d)(xxv). No allocations of any Realized Losses shall be made to the Certificate Principal Balances of the Class A Certificates or the Class P Certificates.

(b)          All Realized Losses on the Mortgage Loans shall be deemed to have been allocated in the specified percentages, as follows: first, to Uncertificated Accrued Interest payable to the REMIC 1 Regular Interest LTAA and REMIC 1 Regular Interest LTZZ up to an aggregate amount equal to the REMIC 1 Interest Loss Allocation Amount, 98% and 2%, respectively; second, to the Uncertificated Principal Balances of REMIC 1 Regular Interest LTAA and REMIC 1 Regular Interest LTZZ up to an aggregate amount equal to the REMIC 1 Principal Loss Allocation Amount, 98% and 2%, respectively; third, to the Uncertificated

 



Principal Balances of REMIC 1 Regular Interest LTAA, REMIC 1 Regular Interest LTB2 and REMIC 1 Regular Interest LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal Balance of REMIC 1 Regular Interest LTB2 has been reduced to zero; fourth, to the Uncertificated Principal Balances of REMIC 1 Regular Interest LTAA, REMIC 1 Regular Interest LTB1 and REMIC 1 Regular Interest LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal Balance of REMIC 1 Regular Interest LTB1 has been reduced to zero; fifth, to the Uncertificated Principal Balances of REMIC 1 Regular Interest LTAA, REMIC 1 Regular Interest LTM10 and REMIC 1 Regular Interest LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal Balance of REMIC 1 Regular Interest LTM10 has been reduced to zero; sixth, to the Uncertificated Principal Balances of REMIC 1 Regular Interest LTAA, REMIC 1 Regular Interest LTM9 and REMIC 1 Regular Interest LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal Balance of REMIC 1 Regular Interest LTM9 has been reduced to zero; seventh, to the Uncertificated Principal Balances of REMIC 1 Regular Interest LTAA, REMIC 1 Regular Interest LTM8 and REMIC 1 Regular Interest LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal Balance of REMIC 1 Regular Interest LTM8 has been reduced to zero; eighth, to the Uncertificated Principal Balances of REMIC 1 Regular Interest LTAA, REMIC 1 Regular Interest LTM7 and REMIC 1 Regular Interest LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal Balance of REMIC 1 Regular Interest LTM7 has been reduced to zero; ninth, to the Uncertificated Principal Balances of REMIC 1 Regular Interest LTAA, REMIC 1 Regular Interest LTM6 and REMIC 1 Regular Interest LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal Balance of REMIC 1 Regular Interest LTM6 has been reduced to zero; tenth, to the Uncertificated Principal Balances of REMIC 1 Regular Interest LTAA, REMIC 1 Regular Interest LTM5 and REMIC 1 Regular Interest LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal Balance of REMIC 1 Regular Interest LTM5 has been reduced to zero; eleventh, to the Uncertificated Principal Balances of REMIC 1 Regular Interest LTAA, REMIC 1 Regular Interest LTM4 and REMIC 1 Regular Interest LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal Balance of REMIC 1 Regular Interest LTM4 has been reduced to zero; twelfth, to the Uncertificated Principal Balances of REMIC 1 Regular Interest LTAA, REMIC 1 Regular Interest LTM3 and REMIC 1 Regular Interest LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal Balance of REMIC 1 Regular Interest LTM3 has been reduced to zero; thirteenth, to the Uncertificated Principal Balances of REMIC 1 Regular Interest LTAA, REMIC 1 Regular Interest LTM2 and REMIC 1 Regular Interest LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal Balance of REMIC 1 Regular Interest LTM2 has been reduced to zero and fourteenth, to the Uncertificated Principal Balances of REMIC 1 Regular Interest LTAA, REMIC 1 Regular Interest LTM1 and REMIC 1 Regular Interest LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal Balance of REMIC 1 Regular Interest LTM1 has been reduced to zero.

 



 

ARTICLE V

 

THE CERTIFICATES

 

SECTION 5.01

The Certificates.

Each of the Fixed Rate Certificates, the Floating Rate Certificates, the Class P Certificates, the Class C Certificates and the Residual Certificates shall be substantially in the forms annexed hereto as exhibits, and shall, on original issue, be executed, authenticated and delivered by the Trustee to or upon the order of the Depositor concurrently with the sale and assignment to the Trustee of the Trust Fund. The Fixed Rate Certificates and the Floating Rate Certificates shall be initially evidenced by one or more Certificates representing a Percentage Interest with a minimum dollar denomination of $25,000 and integral dollar multiples of $1.00 in excess thereof; provided that Fixed Rate Certificates and Floating Rate Certificates must be purchased in minimum total investments of $100,000 per Class and except that one Certificate of each such Class of Certificates may be in a different denomination so that the sum of the denominations of all outstanding Certificates of such Class shall equal the Certificate Principal Balance of such Class on the Closing Date. The Class P Certificates, the Class C Certificates and the Residual Certificates are issuable in any Percentage Interests; provided, however, that the sum of all such percentages for each such Class totals 100% and no more than ten Certificates of each Class may be issued and outstanding at any one time.

The Certificates shall be executed on behalf of the Trust by manual or facsimile signature on behalf of the Trustee by a Responsible Officer. Certificates bearing the manual or facsimile signatures of individuals who were, at the time when such signatures were affixed, authorized to sign on behalf of the Trustee shall bind the Trust, notwithstanding that such individuals or any of them have ceased to be so authorized prior to the authentication and delivery of such Certificates or did not hold such offices at the date of such Certificate. No Certificate shall be entitled to any benefit under this Agreement or be valid for any purpose, unless such Certificate shall have been manually authenticated by the Trustee substantially in the form provided for herein, and such authentication upon any Certificate shall be conclusive evidence, and the only evidence, that such Certificate has been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication. Subject to Section 5.02(c), the Fixed Rate Certificates and the Floating Rate Certificates shall be Book-Entry Certificates. The other Classes of Certificates shall be Definitive Certificates.

 

SECTION 5.02

Registration of Transfer and Exchange of Certificates.

(a)          The Certificate Registrar shall cause to be kept at the Corporate Trust Office a Certificate Register in which, subject to such reasonable regulations as it may prescribe, the Certificate Registrar shall provide for the registration of Certificates and of transfers and exchanges of Certificates as herein provided. The Trustee shall initially serve as Certificate Registrar for the purpose of registering Certificates and transfers and exchanges of Certificates as herein provided.

 



 

Upon surrender for registration of transfer of any Certificate at any office or agency of the Certificate Registrar maintained for such purpose pursuant to the foregoing paragraph and, in the case of a Residual Certificate, upon satisfaction of the conditions set forth below, the Trustee on behalf of the Trust shall execute, authenticate and deliver, in the name of the designated transferee or transferees, one or more new Certificates of the same aggregate Percentage Interest.

At the option of the Certificateholders, Certificates may be exchanged for other Certificates in authorized denominations and the same aggregate Percentage Interests, upon surrender of the Certificates to be exchanged at any such office or agency. Whenever any Certificates are so surrendered for exchange, the Trustee shall execute on behalf of the Trust and authenticate and deliver the Certificates which the Certificateholder making the exchange is entitled to receive. Every Certificate presented or surrendered for registration of transfer or exchange shall (if so required by the Trustee or the Certificate Registrar) be duly endorsed by, or be accompanied by a written instrument of transfer satisfactory to the Trustee and the Certificate Registrar duly executed by, the Holder thereof or his attorney duly authorized in writing. In addition, (i) with respect to each Class R Certificate, the holder thereof may exchange, in the manner described above, such Class R Certificate for two separate certificates, each representing such holder’s respective Percentage Interest in the Class R-1 Interest and the Class R-2 Interest (in the form of Exhibit A-19 hereto), respectively, in each case that was evidenced by the Class R Certificate being exchanged and (ii) with respect to each Class R-X Certificate, the holder thereof may exchange, in the manner described above, such Class R-X Certificate for two separate certificates, each representing such holder’s respective Percentage Interest in the Class R-3 Interest and the Class R-4 Interest (in the form of Exhibit A-19 hereto), respectively, in each case that was evidenced by the Class R-X Certificate being exchanged.

(b)          Except as provided in paragraph (c) below, the Book-Entry Certificates shall at all times remain registered in the name of the Depository or its nominee and at all times: (i) registration of such Certificates may not be transferred by the Trustee except to another Depository; (ii) the Depository shall maintain book-entry records with respect to the Certificate Owners and with respect to ownership and transfers of such Certificates; (iii) ownership and transfers of registration of such Certificates on the books of the Depository shall be governed by applicable rules established by the Depository; (iv) the Depository may collect its usual and customary fees, charges and expenses from its Depository Participants; (v) the Trustee shall for all purposes deal with the Depository as representative of the Certificate Owners of the Certificates for purposes of exercising the rights of Holders under this Agreement, and requests and directions for and votes of such representative shall not be deemed to be inconsistent if they are made with respect to different Certificate Owners; (vi) the Trustee may rely and shall be fully protected in relying upon information furnished by the Depository with respect to its Depository Participants and furnished by the Depository Participants with respect to indirect participating firms and Persons shown on the books of such indirect participating firms as direct or indirect Certificate Owners; and (vii) the direct participants of the Depository shall have no rights under this Agreement under or with respect to any of the Certificates held on their behalf by the Depository, and the Depository may be treated by the Trustee and its agents, employees, officers and directors as the absolute owner of the Certificates for all purposes whatsoever.

 



 

All transfers by Certificate Owners of Book-Entry Certificates shall be made in accordance with the procedures established by the Depository Participant or brokerage firm representing such Certificate Owners. Each Depository Participant shall only transfer Book-Entry Certificates of Certificate Owners that it represents or of brokerage firms for which it acts as agent in accordance with the Depository’s normal procedures. The parties hereto are hereby authorized to execute a Letter of Representations with the Depository or take such other action as may be necessary or desirable to register a Book-Entry Certificate to the Depository.

(c)          If (i)(x) the Depository or the Depositor advises the Trustee in writing that the Depository is no longer willing or able to discharge properly its responsibilities as Depository and (y) the Depositor is unable to locate a qualified successor or (ii) after the occurrence of a Servicer Event of Termination, the Certificate Owners of the Book-Entry Certificates representing Percentage Interests of such Classes aggregating not less than 51% advise the Trustee and Depository through the financial intermediaries and the Depository Participants in writing that the continuation of a book-entry system through the Depository to the exclusion of issuing definitive, fully registered certificates (the “Definitive Certificates”) to Certificate Owners is no longer in the best interests of the Certificate Owners, then upon surrender to the Certificate Registrar of the Book-Entry Certificates by the Depository, accompanied by registration instructions from the Depository for registration, the Trustee shall, at the Depositor’s expense, in the case of (i) above, or the Servicer’s expense, in the case of (iii) above, execute on behalf of the Trust and authenticate the Definitive Certificates. Neither the Depositor nor the Trustee shall be liable for any delay in delivery of such registration instructions and may conclusively rely on, and shall be protected in relying on, such instructions. Upon the issuance of Definitive Certificates, the Trustee, the Certificate Registrar, each Servicer, any Paying Agent and the Depositor shall recognize the Holders of the Definitive Certificates as Certificateholders hereunder.

(d)          No transfer, sale, pledge or other disposition of any Class B Certificate, Class C Certificate, Class P Certificate or Residual Certificate (the “Private Certificates”) shall be made unless such disposition is exempt from the registration requirements of the Securities Act of 1933, as amended (the “1933 Act”), and any applicable state securities laws or is made in accordance with the 1933 Act and such laws. In the event of any such transfer (other than in connection with (i) the initial transfer of any such Certificate by the Depositor to an Affiliate of the Depositor or, in the case of the Class R-X Certificates, the first transfer by an Affiliate of the Depositor, (ii) the transfer of any such Private Certificate to the issuer under the Indenture or the indenture trustee under the Indenture or (iii) a transfer of any such Private Certificate from the issuer under the Indenture or the indenture trustee under the Indenture to the Depositor or an Affiliate of the Depositor), (i) unless such transfer is made in reliance upon Rule 144A (as evidenced by an investment letter delivered to the Trustee, in substantially the form attached hereto as Exhibit J) under the 1933 Act, the Trustee and the Depositor shall require a written Opinion of Counsel (which may be in-house counsel) acceptable to and in form and substance reasonably satisfactory to the Trustee and the Depositor, that such transfer may be made pursuant to an exemption, describing the applicable exemption and the basis therefor, from the 1933 Act or is being made pursuant to the 1933 Act, which Opinion of Counsel shall not be an expense of the Trustee or the Depositor or (ii) the Trustee shall require the transferor to execute a transferor certificate (in substantially the form attached hereto as Exhibit L) and the transferee to execute

 



an investment letter (in substantially the form attached hereto as Exhibit J) acceptable to and in form and substance reasonably satisfactory to the Depositor and the Trustee certifying to the Depositor and the Trustee the facts surrounding such transfer, which investment letter shall not be an expense of the Trustee or the Depositor. The Holder of a Private Certificate desiring to effect such transfer shall, and does hereby agree to, indemnify the Trustee and the Depositor against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.

Notwithstanding the foregoing, in the event of any such transfer of any Ownership Interest in any Private Certificate that is a Book-Entry Certificate, except with respect to the initial transfer of any such Ownership Interest by the Depositor, such transfer shall be required to be made in reliance upon Rule 144A under the 1933 Act, and the transferor will be deemed to have made each of the transferor representations and warranties set forth Exhibit L hereto in respect of such interest as if it was evidenced by a Definitive Certificate and the transferee will be deemed to have made each of the transferee representations and warranties set forth Exhibit J hereto in respect of such interest as if it was evidenced by a Definitive Certificate. The Certificate Owner of any such Ownership Interest in any such Book-Entry Certificate desiring to effect such transfer shall, and does hereby agree to, indemnify the Trustee and the Depositor against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.

Notwithstanding the foregoing, no certification or Opinion of Counsel described in this Section 5.02(d) will be required in connection with the transfer, on the Closing Date, of any Residual Certificate by the Depositor to an “accredited investor” within the meaning of Rule 501 of the 1933 Act.

No transfer of a Private Certificate or any interest therein shall be made to any Plan subject to ERISA or Section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any Person acquiring such Certificates with “Plan Assets” of a Plan within the meaning of Department of Labor regulations promulgated at 29 C.F.R. § 2510.3-101 (“Plan Assets”), as certified by such transferee in the form of Exhibit M, unless the Trustee is provided with an Opinion of Counsel, upon which the Depositor, the Trustee and the Servicers may rely, which establishes to the satisfaction of the Trustee that the purchase of such Certificates is permissible under applicable law, will not constitute or result in any prohibited transaction under ERISA or Section 4975 of the Code and will not subject the Depositor, either Servicer, the Trustee or the Trust Fund to any obligation or liability (including obligations or liabilities under ERISA or Section 4975 of the Code) in addition to those undertaken in this Agreement, which Opinion of Counsel shall not be an expense of the Depositor, either Servicer, the Trustee or the Trust Fund. Neither a certification nor an Opinion of Counsel will be required in connection with (i) the initial transfer of any such Certificate by the Depositor to an Affiliate of the Depositor or, in the case of the Class R-X Certificates, the first transfer by an Affiliate of the Depositor, (ii) the transfer of any such Private Certificate to the issuer under the Indenture or the indenture trustee under the Indenture or (iii) a transfer of any such Private Certificate from the issuer under the Indenture or the indenture trustee under the Indenture to the Depositor or an Affiliate of the Depositor (in which case, the Depositor or any Affiliate thereof shall be deemed to have represented that such Affiliate is not a Plan or a Person investing Plan Assets) and the

 



Trustee shall be entitled to conclusively rely upon a representation (which shall be a written representation) from the Depositor of the status of such transferee as an affiliate of the Depositor.

Each Transferee of a Mezzanine Certificate or Class B Certificate will be deemed to have represented by virtue of its purchase or holding of such Certificate (or interest therein) that either (a) such Transferee is not a Plan or purchasing such Certificate with Plan Assets, (b) in the case of the Mezzanine Certificates it has acquired and is holding such Certificate in reliance on Prohibited Transaction Exemption (“PTE”) 90-59, 55 Fed. Reg. 36724 (September 6, 1990), as amended by PTE 97-34, 62 Fed. Reg. 39021 (July 21, 1997), PTE 2000-58, 65 Fed. Reg. 67765 (November 13, 2000) and PTE 2002-41, 67 Fed. Reg. 54487 (August 22, 2002) (the “Exemption”), and that it understands that there are certain conditions to the availability of the Exemption including that such Certificate must be rated, at the time of purchase, not lower than “BBB-” (or its equivalent) by a Rating Agency or (c) the following conditions are satisfied: (i) such Transferee is an insurance company, (ii) the source of funds used to purchase or hold such Certificate (or interest therein) is an “insurance company general account” (as defined in U.S. Department of Labor Prohibited Transaction Class Exemption (“PTCE”) 95-60, and (iii) the conditions set forth in Sections I and III of PTCE 95-60 have been satisfied.

If any Mezzanine Certificate or Private Certificate or any interest therein is acquired or held in violation of the provisions of the preceding two paragraphs, the next preceding permitted beneficial owner will be treated as the beneficial owner of that Certificate retroactive to the date of transfer to the purported beneficial owner. Any purported beneficial owner whose acquisition or holding of any such Certificate or interest therein was effected in violation of the provisions of the preceding two paragraphs shall indemnify and hold harmless the Depositor, the Servicers, the Trustee and the Trust from and against any and all liabilities, claims, costs or expenses incurred by those parties as a result of that acquisition or holding.

Each Person who has or who acquires any Ownership Interest in a Residual Certificate shall be deemed by the acceptance or acquisition of such Ownership Interest to have agreed to be bound by the following provisions and to have irrevocably appointed the Depositor or its designee as its attorney-in-fact to negotiate the terms of any mandatory sale under clause (v) below and to execute all instruments of transfer and to do all other things necessary in connection with any such sale, and the rights of each Person acquiring any Ownership Interest in a Residual Certificate are expressly subject to the following provisions:

(i)           Each Person holding or acquiring any Ownership Interest in a Residual Certificate shall be a Permitted Transferee and shall promptly notify the Trustee of any change or impending change in its status as a Permitted Transferee.

(ii)          No Person shall acquire an Ownership Interest in a Residual Certificate unless such Ownership Interest is a pro rata undivided interest.

(iii)        In connection with any proposed transfer of any Ownership Interest in a Residual Certificate, the Trustee shall as a condition to registration of the transfer, require delivery to it, in form and substance satisfactory to it, of each of the following:

 



 

 

(A)

an affidavit in the form of Exhibit K hereto from the proposed transferee to the effect that such transferee is a Permitted Transferee and that it is not acquiring its Ownership Interest in the Residual Certificate that is the subject of the proposed transfer as a nominee, trustee or agent for any Person who is not a Permitted Transferee; and

 

(B)

a covenant of the proposed transferee to the effect that the proposed transferee agrees to be bound by and to abide by the transfer restrictions applicable to the Residual Certificates.

(iv)         Any attempted or purported transfer of any Ownership Interest in a Residual Certificate in violation of the provisions of this Section shall be absolutely null and void and shall vest no rights in the purported transferee. If any purported transferee shall, in violation of the provisions of this Section, become a Holder of a Residual Certificate, then the prior Holder of such Residual Certificate that is a Permitted Transferee shall, upon discovery that the registration of transfer of such Residual Certificate was not in fact permitted by this Section, be restored to all rights as Holder thereof retroactive to the date of registration of transfer of such Residual Certificate. The Trustee shall be under no liability to any Person for any registration of transfer of a Residual Certificate that is in fact not permitted by this Section or for making any distributions due on such Residual Certificate to the Holder thereof or taking any other action with respect to such Holder under the provisions of this Agreement so long as the Trustee received the documents specified in clause (iii). The Trustee shall be entitled to recover from any Holder of a Residual Certificate that was in fact not a Permitted Transferee at the time such distributions were made all distributions made on such Residual Certificate. Any such distributions so recovered by the Trustee shall be distributed and delivered by the Trustee to the prior Holder of such Residual Certificate that is a Permitted Transferee.

(v)          If any Person other than a Permitted Transferee acquires any Ownership Interest in a Residual Certificate in violation of the restrictions in this Section, then the Trustee shall have the right but not the obligation, without notice to the Holder of such Residual Certificate or any other Person having an Ownership Interest therein, to notify the Depositor to arrange for the sale of such Residual Certificate. The proceeds of such sale, net of commissions (which may include commissions payable to the Depositor or its affiliates in connection with such sale), expenses and taxes due, if any, will be remitted by the Trustee to the previous Holder of such Residual Certificate that is a Permitted Transferee, except that in the event that the Trustee determines that the Holder of such Residual Certificate may be liable for any amount due under this Section or any other provisions of this Agreement, the Trustee may withhold a corresponding amount from such remittance as security for such claim. The terms and conditions of any sale under this clause (v) shall be determined in the sole discretion of the Trustee and it shall not be liable to any Person having an Ownership Interest in a Residual Certificate as a result of its exercise of such discretion.

 



 

(vi)         If any Person other than a Permitted Transferee acquires any Ownership Interest in a Residual Certificate in violation of the restrictions in this Section, then the Trustee upon receipt of reasonable compensation will provide to the Internal Revenue Service, and to the persons specified in Sections 860E(e)(3) and (6) of the Code, information needed to compute the tax imposed under Section 860E(e)(5) of the Code on transfers of residual interests to disqualified organizations.

The foregoing provisions of this Section shall cease to apply to transfers occurring on or after the date on which there shall have been delivered to the Trustee, in form and substance satisfactory to the Trustee, (i) written notification from each Rating Agency that the removal of the restrictions on transfer set forth in this Section will not cause such Rating Agency to downgrade its rating of the Certificates and (ii) an Opinion of Counsel to the effect that such removal will not cause any REMIC created hereunder to fail to qualify as a REMIC.

(e)          No service charge shall be made for any registration of transfer or exchange of Certificates of any Class, but the Certificate Registrar may require payment of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer or exchange of Certificates.

All Certificates surrendered for registration of transfer or exchange shall be canceled by the Certificate Registrar and disposed of pursuant to its standard procedures.

 

SECTION 5.03

Mutilated, Destroyed, Lost or Stolen Certificates.

If (i) any mutilated Certificate is surrendered to the Certificate Registrar or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Certificate and (ii) there is delivered to the Trustee, the Depositor and the Certificate Registrar such security or indemnity as may be required by them to save each of them harmless, then, in the absence of notice to the Trustee or the Certificate Registrar that such Certificate has been acquired by a bona fide purchaser, the Trustee shall execute on behalf of the Trust, authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Certificate, a new Certificate of like tenor and Percentage Interest. Upon the issuance of any new Certificate under this Section, the Trustee or the Certificate Registrar may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trustee and the Certificate Registrar) in connection therewith. Any duplicate Certificate issued pursuant to this Section, shall constitute complete and indefeasible evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Certificate shall be found at any time.

 

SECTION 5.04

Persons Deemed Owners.

Each Servicer, the Depositor, the Trustee, the Certificate Registrar, any Paying Agent and any agent of either Servicer, the Depositor, the Trustee, the Certificate Registrar or any Paying Agent may treat the Person, including a Depository, in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions pursuant to

 



Section 4.01 and for all other purposes whatsoever, and none of the Servicers, the Trust, the Trustee nor any agent of any of them shall be affected by notice to the contrary.

 

SECTION 5.05

Appointment of Paying Agent.

(a)          The Paying Agent shall make distributions to Certificateholders from the Distribution Account pursuant to Section 4.01 and shall report the amounts of such distributions to the Trustee. The duties of the Paying Agent may include the obligation (i) to withdraw funds from the Collection Account pursuant to Section 3.11(a) and for the purpose of making the distributions referred to above and (ii) to distribute statements and provide information to Certificateholders as required hereunder. The Paying Agent hereunder shall at all times be an entity duly organized and validly existing under the laws of the United States of America or any state thereof, authorized under such laws to exercise corporate trust powers and subject to supervision or examination by federal or state authorities. The Paying Agent shall initially be the Trustee. The Trustee may appoint a successor to act as Paying Agent, which appointment shall be reasonably satisfactory to the Depositor.

(b)          The Trustee shall cause the Paying Agent (if other than the Trustee) to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee that such Paying Agent shall hold all sums, if any, held by it for payment to the Certificateholders in trust for the benefit of the Certificateholders entitled thereto until such sums shall be paid to such Certificateholders and shall agree that it shall comply with all requirements of the Code regarding the withholding of payments in respect of Federal income taxes due from Certificate Owners and otherwise comply with the provisions of this Agreement applicable to it.

 



 

ARTICLE VI

 

THE SERVICERS, THE DEPOSITOR AND THE CREDIT RISK MANAGER

 

SECTION 6.01

Liability of the Servicers and the Depositor.

Each Servicer shall be liable in accordance herewith only to the extent of the obligations specifically imposed upon and undertaken by the related Servicer herein. The Depositor shall be liable in accordance herewith only to the extent of the obligations specifically imposed upon and undertaken by the Depositor.

 

SECTION 6.02

Merger or Consolidation of, or Assumption of the Obligations of, the Servicers or the Depositor.

Any entity into which either Servicer or the Depositor may be merged or consolidated, or any entity resulting from any merger, conversion or consolidation to which either Servicer or the Depositor shall be a party, or any corporation succeeding to the business of the related Servicer or the Depositor, shall be the successor of the related Servicer or the Depositor, as the case may be, hereunder, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding; provided, however, that the successor Servicer shall satisfy all the requirements of Section 7.02 with respect to the qualifications of a successor Servicer.

 

SECTION 6.03

Limitation on Liability of the Servicers and Others.

Neither the Servicers nor the Depositor nor any of the directors or officers or employees or agents of the Servicers or the Depositor shall be under any liability to the Trust or the Certificateholders for any action taken or for refraining from the taking of any action by the Servicers or the Depositor in good faith pursuant to this Agreement, or for errors in judgment; provided, however, that this provision shall not protect either Servicer, the Depositor or any such Person against any liability which would otherwise be imposed by reason of its willful misfeasance, bad faith or negligence in the performance of duties of the related Servicer or the Depositor, as the case may be, or by reason of its reckless disregard of its obligations and duties of the related Servicer or the Depositor, as the case may be, hereunder. Each Servicer and any director or officer or employee or agent of each Servicer may rely in good faith on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising hereunder. The Servicer and the Depositor, and any director or officer or employee or agent of the Servicer or the Depositor, shall be indemnified by the Trust and held harmless against any loss, liability or expense incurred in connection with (i) any legal action relating to this Agreement or the Certificates, other than any loss, liability or expense incurred by reason of its willful misfeasance, bad faith or negligence or by reason of its reckless disregard of its obligations and duties hereunder or by reason of its failure to perform its obligations or duties hereunder and (ii) any breach of a representation or warranty regarding the Mortgage Loans. Each Servicer or the Depositor may initiate any such action which it may deem necessary or desirable in respect of this Agreement, and the rights and duties of the parties hereto and the interests of the Certificateholders hereunder. In such event, unless the Depositor or the related

 



Servicer acts without the consent of the Holders of Certificates entitled to at least 51% of the Voting Rights, the reasonable legal expenses and costs of such action and any liability resulting therefrom shall be expenses, costs and liabilities of the Trust and the related Servicer shall be entitled to be reimbursed therefor from the related Collection Account as and to the extent provided in Section 3.11, any such right of reimbursement being prior to the rights of the Certificateholders to receive any amount in the related Collection Account. The Servicers’ right to indemnity or reimbursement pursuant to this Section shall survive any resignation or termination of either Servicer pursuant to Section 6.04 or 7.01 with respect to any losses, expenses, costs or liabilities arising prior to such resignation or termination (or arising from events that occurred prior to such resignation or termination). This paragraph shall apply to either Servicer solely in its capacity as a Servicer hereunder and in no other capacities.

The Credit Risk Manager and any director, officer, employee or agent of the Credit Risk Manager shall be indemnified and held harmless by the Trust Fund against any loss, liability or expense (not including expenses, disbursements and advances incurred or made by the Credit Risk Manager, including the compensation and the expenses and disbursements of its agents and counsel, in the ordinary course of its appointment as Credit Risk Manager or its performance of its duties as such) incurred in connection with any claim or legal action or any pending or threatened claim or legal action relating to this Agreement, the Credit Risk Management Agreement or the Certificates, other than any loss, liability or expense (i) resulting from a breach of either Servicer’s obligations and duties under the Pooling Agreement or Credit Risk Management Agreement for which the Credit Risk Manager is indemnified by such Servicer under the Credit Risk Management Agreement or (ii) incurred by reason of willful misfeasance, bad faith or negligence in the performance of duties under the Credit Risk Management Agreement or by reason of reckless disregard of obligations and duties thereunder.

 

SECTION 6.04

Servicers Not to Resign.

Neither Servicer shall resign from the obligations and duties hereby imposed on it except upon determination that its duties hereunder are no longer permissible under applicable law. Any such determination pursuant to the preceding sentence permitting the resignation of either Servicer shall be evidenced by an Opinion of Counsel to such effect obtained at the expense of the related Servicer and delivered to the Trustee. No resignation of either Servicer shall become effective until the Trustee or a successor servicer shall have assumed the related Servicer’s responsibilities, duties, liabilities (other than those liabilities arising prior to the assumption of servicing duties by the Trustee or the appointment of such successor) and obligations under this Agreement. Any such resignation shall not relieve either Servicer of responsibility for any of the obligations specified in Sections 7.01 and 7.02 as obligations that survive the resignation or receipt of notice of termination of such Servicer

Except as expressly provided in this Agreement, neither Servicer shall assign or transfer any of its rights, benefits or privileges hereunder to any other Person, or delegate to or subcontract with, or authorize or appoint any other Person to perform any of the duties, covenants or obligations to be performed by the related Servicer hereunder. The foregoing prohibition on assignment shall not prohibit either Servicer from designating a Sub-Servicer as payee of any indemnification amount payable to the related Servicer hereunder; provided,

 



however, no Sub-Servicer shall be a third-party beneficiary hereunder and the parties hereto shall not be required to recognize any Sub-Servicer as an indemnitee under this Agreement.

 

SECTION 6.05

Delegation of Duties.

In the ordinary course of business, each Servicer at any time may delegate any of its duties hereunder to any Person, including any of its Affiliates, who agrees to conduct such duties in accordance with standards comparable to those set forth in Section 3.01. Such delegation shall not relieve either Servicer of its liabilities and responsibilities with respect to such duties and shall not constitute a resignation within the meaning of Section 6.04. Except as provided in Section 3.02, no such delegation is permitted that results in the delegee subservicing any Mortgage Loans. Each Servicer shall provide the Trustee with 60 days prior written notice prior to the delegation of any of its duties to any Person other than any of the Servicer’s Affiliates or their respective successors and assigns.

 

SECTION 6.06

[Reserved].

 

SECTION 6.07

Inspection.

Each Servicer, in its capacity as a Servicer, shall afford the Trustee, upon reasonable notice, during normal business hours, access to all records maintained by the related Servicer in respect of its rights and obligations hereunder and access to officers of the related Servicer responsible for such obligations.

 

SECTION 6.08

Credit Risk Manager.

For and on behalf of the Depositor, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Charges with respect to the Mortgage Loans.  Such reports and recommendations will be based upon information provided to the Credit Risk Manager pursuant to the Credit Risk Management Agreement, and the Credit Risk Manager shall look solely to the related Servicer for all information and data (including loss and delinquency information and data) relating to the servicing of the Mortgage Loans.  Upon any termination of the Credit Risk Manager or the appointment of a successor Credit Risk Manager, the Trustee, if it has been notified in writing of such termination or appointment, shall give written notice thereof to the Servicers and the Depositor.

If Holders of the Certificates entitled to 66 2/3% or more of the Voting Rights request in writing to the Trustee to terminate the Credit Risk Manager under this Agreement, the Credit Risk Manager shall be removed pursuant to this Section 6.08.  Upon receipt of such notice, the Trustee shall provide written notice to the Credit Risk Manager and the Servicers of the Credit Risk Manager’s removal, which shall be effective upon receipt of such notice by the Credit Risk Manager.

 



 

ARTICLE VII

 

DEFAULT

 

SECTION 7.01

Servicer Events of Termination.

(a)          With respect to each Servicer individually, if any one of the following events (“Servicer Events of Termination”) shall occur and be continuing:

(i)           (A) The failure by the Servicer to make any Advance; or (B) any other failure by the Servicer to deposit in the Collection Account or the Distribution Account any deposit required to be made under the terms of this Agreement which continues unremedied for a period of one Business Day after the date upon which written notice of such failure shall have been given to the Servicer by the Trustee or to the Servicer and the Trustee by any Holders of a Regular Certificate evidencing at least 25% of the Voting Rights; or

(ii)          The failure by the Servicer to make any required Servicing Advance which failure continues unremedied for a period of 30 days, or the failure by the Servicer duly to observe or perform, in any material respect, any other covenants, obligations or agreements of the Servicer as set forth in this Agreement, which failure continues unremedied for a period of 30 days (or if such failure or breach cannot be remedied within 30 days, then such remedy shall have been commenced within 30 days and diligently pursued thereafter; provided, however, that in no event shall such failure or breach be allowed to exist for a period of greater than 90 days), after the date (A) on which written notice of such failure, requiring the same to be remedied, shall have been given to the Servicer by the Trustee or to the Trustee by any Holders of a Regular Certificate evidencing at least 25% of the Voting Rights or (B) of actual knowledge of such failure by a Servicing Officer of the Servicer; or

(iii)        The entry against the Servicer of a decree or order by a court or agency or supervisory authority having jurisdiction in the premises for the appointment of a trustee, conservator, receiver or liquidator in any insolvency, conservatorship, receivership, readjustment of debt, marshalling of assets and liabilities or similar proceedings, or for the winding up or liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a period of 60 days; or

(iv)         The Servicer shall voluntarily go into liquidation, consent to the appointment of a conservator or receiver or liquidator or similar person in any insolvency, readjustment of debt, marshalling of assets and liabilities or similar proceedings of or relating to the Servicer or of or relating to all or substantially all of its property; or a decree or order of a court or agency or supervisory authority having jurisdiction in the premises for the appointment of a conservator, receiver, liquidator or similar person in any insolvency, readjustment of debt, marshalling of assets and liabilities or similar proceedings, or for the winding-up or liquidation of its affairs, shall have been entered against the Servicer and such decree or order shall have remained in

 



force undischarged, unbonded or unstayed for a period of 60 days; or the Servicer shall admit in writing its inability to pay its debts generally as they become due, file a petition to take advantage of any applicable insolvency or reorganization statute, make an assignment for the benefit of its creditors or voluntarily suspend payment of its obligations;

(b)          then, and in each and every such case, so long as a Servicer Event of Termination shall not have been remedied within the applicable grace period, (x) with respect solely to clause (i)(A) above, if such Advance is not made by 4:00 p.m., New York time, on the Business Day immediately following the Servicer Remittance Date (provided the Trustee shall give the related Servicer, and the related Servicer shall have received, notice of such failure to advance by 5:00 P.M. New York time on the Servicer Remittance Date), the Trustee shall terminate all of the rights and obligations of the related Servicer under this Agreement and the Trustee, or a successor servicer appointed in accordance with Section 7.02, shall immediately make such Advance and assume, pursuant to Section 7.02, the duties of a successor Servicer and (y) in the case of (i)(B), (ii), (iii), (iv) and (v) above, the Trustee shall, at the direction of the Holders of each Class of Regular Certificates evidencing Percentage Interests aggregating not less than 51%, by notice then given in writing to the related Servicer (and to the Trustee if given by Holders of Certificates), terminate all of the rights and obligations of the related Servicer as servicer under this Agreement. Any such notice to the related Servicer shall also be given to each Rating Agency, the Depositor and the Servicer. On or after the receipt by the related Servicer (and by the Trustee if such notice is given by the Holders) of such written notice, all authority and power of such Servicer under this Agreement, whether with respect to the Certificates or the related Mortgage Loans or otherwise, shall pass to and be vested in the Trustee pursuant to and under this Section; and, without limitation, and the Trustee is hereby authorized and empowered to execute and deliver, on behalf of such Servicer, as attorney-in-fact or otherwise, any and all documents and other instruments, and to do or accomplish all other acts or things necessary or appropriate to effect the purposes of such notice of termination, whether to complete the transfer and endorsement of each Mortgage Loan and related documents or otherwise. Each Servicer agrees to cooperate with the Trustee (or the applicable successor Servicer) in effecting the termination of the responsibilities and rights of the related Servicer hereunder, including, without limitation, the delivery to the Trustee of all documents and records requested by it to enable it to assume such Servicer’s functions under this Agreement within ten Business Days subsequent to such notice, the transfer within one Business Day subsequent to such notice to the Trustee (or the applicable successor Servicer) for the administration by it of all cash amounts that shall at the time be held by the related Servicer and to be deposited by it in the Collection Account, the Distribution Account, any REO Account or any Escrow Account or that have been deposited by the related Servicer in such accounts or thereafter received by the related Servicer with respect to the related Mortgage Loans or any REO Property received by the related Servicer. All reasonable costs and expenses (including attorneys’ fees) incurred in connection with transferring the Mortgage Files to the successor Servicer and amending this Agreement to reflect such succession as a Servicer pursuant to this Section shall be paid by the predecessor Servicer (or if the predecessor Servicer is the Trustee, the initial related Servicer) upon presentation of reasonable documentation of such costs and expenses and to the extent not paid by the related Servicer, by the Trust.

 



 

Notwithstanding the termination of the Servicer hereunder, the Servicer shall be entitled to reimbursement of all unpaid Servicing Fees and all unreimbursed Advances and Servicing Advances in the manner and at the times set forth herein.

 

SECTION 7.02

Trustee to Act; Appointment of Successor.

(a)          From the time either Servicer (and the Trustee, if notice is sent by the Holders) receives a notice of termination pursuant to Section 7.01 or 6.04, the Trustee (or such other successor Servicer as is approved in accordance with this Agreement) shall be the successor in all respects to such Servicer in its capacity as a Servicer under this Agreement and the transactions set forth or provided for herein and shall be subject to all the responsibilities, duties and liabilities relating thereto placed on such Servicer by the terms and provisions hereof arising on and after its succession. Notwithstanding the foregoing, the parties hereto agree that the Trustee, in its capacity as successor Servicer, immediately will assume all of the obligations of the related Servicer to make Advances. Notwithstanding the foregoing, the Trustee, in its capacity as a successor Servicer, shall not be responsible for the lack of information and/or documents that it cannot obtain through reasonable efforts. It is understood and agreed by the parties hereto that there will be a period of transition (not to exceed 90 days) before the transition of servicing obligations is fully effective. As compensation therefor, the Trustee (or such other successor Servicer) shall be entitled to such compensation as the related Servicer would have been entitled to hereunder if no such notice of termination had been given. Notwithstanding the above, (i) if the Trustee is unwilling to act as successor Servicer or (ii) if the Trustee is legally unable so to act, the Trustee shall appoint or petition a court of competent jurisdiction to appoint, any established housing and home finance institution, bank or other mortgage loan or home equity loan servicer having a net worth of not less than $50,000,000 as the successor to the related Servicer hereunder in the assumption of all or any part of the responsibilities, duties or liabilities of the related Servicer hereunder; provided, that the appointment of any such successor Servicer will not result in the qualification, reduction or withdrawal of the ratings assigned to the Certificates by the Rating Agencies as evidenced by a letter to such effect from the Rating Agencies. Pending appointment of a successor to the related Servicer hereunder, unless the Trustee is prohibited by law from so acting, the Trustee shall act in such capacity as hereinabove provided. In connection with such appointment and assumption, the successor shall be entitled to receive compensation out of payments on the related Mortgage Loans in an amount equal to the compensation which the related Servicer would otherwise have received pursuant to Section 3.18 (or such other compensation as the Trustee and such successor shall agree, not to exceed the Servicing Fee). The appointment of a successor Servicer shall not affect any liability of the predecessor Servicer which may have arisen under this Agreement prior to its termination as a Servicer to pay any deductible under an insurance policy pursuant to Section 3.14 or to reimburse the Trustee pursuant to Section 3.06), nor shall any successor Servicer be liable for any acts or omissions of the predecessor Servicer or for any breach by such Servicer of any of its representations or warranties contained herein or in any related document or agreement. The Trustee and such successor shall take such action, consistent with this Agreement, as shall be necessary to effectuate any such succession. All reasonable Servicing Transfer Costs shall be paid by the predecessor Servicer upon presentation of reasonable documentation of such costs, and if such predecessor Servicer defaults in its obligation to pay such costs, such costs shall be

 



paid by the successor Servicer or the Trustee (in which case the successor Servicer or the Trustee, as applicable, shall be entitled to reimbursement therefor from the assets of the Trust).

(b)          Any successor to either Servicer, including the Trustee, shall during the term of its service as servicer continue to service and administer the Mortgage Loans for the benefit of Certificateholders, and maintain in force a policy or policies of insurance covering errors and omissions in the performance of its obligations as a Servicer hereunder and a fidelity bond in respect of its officers, employees and agents to the same extent as the related Servicer is so required pursuant to Section 3.14.

(c)          In connection with the termination or resignation of either Servicer hereunder, either (i) the successor servicer, including the Trustee if the Trustee is acting as a successor Servicer, shall represent and warrant that it is a member of MERS in good standing and shall agree to comply in all material respects with the rules and procedures of MERS in connection with the servicing of the related Mortgage Loans that are registered with MERS, in which case the predecessor Servicer shall cooperate with the successor Servicer in causing MERS to revise its records to reflect the transfer of servicing to the successor Servicer as necessary under MERS’ rules and regulations, or (ii) the predecessor Servicer shall cooperate with the successor Servicer in causing MERS to execute and deliver an Assignment in recordable form to transfer the Mortgage from MERS to the Trustee and to execute and deliver such other notices, documents and other instruments as may be necessary or desirable to effect a transfer of such Mortgage Loan or servicing of such Mortgage Loan on the MERS® System to the successor Servicer. The predecessor Servicer (or, if the Trustee is the predecessor Servicer, the related initial Servicer) shall file or cause to be filed any such Assignment in the appropriate recording office. The predecessor Servicer shall bear any and all fees of MERS, costs of preparing any Assignments, and fees and costs of filing any Assignments that may be required under this Section 7.02(c).

 

SECTION 7.03

Waiver of Defaults.

The Majority Certificateholders may, on behalf of all Certificateholders, waive, in writing, any events permitting removal of either Servicer as a Servicer pursuant to this Article VII, provided, however, that the Majority Certificateholders may not waive a default in making a required distribution on a Certificate without the written consent of the Holder of such Certificate. Upon any waiver of a past default, such default shall cease to exist and any Servicer Event of Termination arising therefrom shall be deemed to have been remedied for every purpose of this Agreement. No such waiver shall extend to any subsequent or other default or impair any right consequent thereto except to the extent expressly so waived. Notice of any such waiver shall be given by the Trustee to the Rating Agencies.

 

SECTION 7.04

Notification to Certificateholders.

(a)          Upon any termination or appointment of a successor to either Servicer pursuant to this Article VII or Section 6.04, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate Register and each Rating Agency.

 



 

(b)          No later than 60 days after the occurrence of any event which constitutes or which, with notice or lapse of time or both, would constitute a Servicer Event of Termination or within five Business Days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Certificateholders notice of such occurrence unless such default or Servicer Event of Termination shall have been waived or cured.

 

SECTION 7.05

Survivability of Servicer Liabilities.

Notwithstanding anything herein to the contrary, upon termination of either Servicer hereunder, any liabilities of the related Servicer which accrued prior to such termination shall survive such termination.

 



 

ARTICLE VIII

 

THE TRUSTEE

 

SECTION 8.01

Duties of Trustee.

The Trustee, prior to the occurrence of a Servicer Event of Termination and after the curing of all Servicer Events of Termination which may have occurred, undertakes to perform such duties and only such duties as are specifically set forth in this Agreement. If a Servicer Event of Termination has occurred (which has not been cured) of which a Responsible Officer has knowledge, the Trustee shall exercise such of the rights and powers vested in it by this Agreement, and use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs.

The Trustee, upon receipt of all resolutions, certificates, statements, opinions, reports, documents, orders or other instruments furnished to the Trustee which are specifically required to be furnished pursuant to any provision of this Agreement, shall examine them to determine whether they conform on their face to the requirements of this Agreement; provided, however, that the Trustee will not be responsible for the accuracy or content of any such resolutions, certificates, statements, opinions, reports, documents or other instruments. If any such instrument is found not to conform on its face to the requirements of this Agreement in a material manner the Trustee shall take such action as it deems appropriate to have the instrument corrected, and if the instrument is not corrected to the Trustee’s satisfaction, the Trustee will provide notice thereof to the Certificateholders.

No provision of this Agreement shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent failure to act or its own misconduct; provided, however, that:

(i)           prior to the occurrence of a Servicer Event of Termination, and after the curing of all such Servicer Events of Termination which may have occurred, the duties and obligations of the Trustee shall be determined solely by the express provisions of this Agreement, the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Agreement, no implied covenants or obligations shall be read into this Agreement against the Trustee and, in the absence of bad faith on the part of the Trustee, the Trustee may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any certificates or opinions furnished to the Trustee and conforming to the requirements of this Agreement;

(ii)          the Trustee shall not be liable for an error of judgment made in good faith by a Responsible Officer of the Trustee, unless it shall be proved that the Trustee was negligent in ascertaining or investigating the facts related thereto;

(iii)        the Trustee shall not be liable with respect to any action taken, suffered or omitted to be taken by it in good faith in accordance with the direction of the Majority

 



Certificateholders relating to the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising or omitting to exercise any trust or power conferred upon the Trustee, under this Agreement; and

(iv)         the Trustee shall not be charged with knowledge of any failure by the Servicer to comply with the obligations of the related Servicer referred to in clauses (i) through (iv) of Section 7.01(a) unless a Responsible Officer of the Trustee at the Corporate Trust Office obtains actual knowledge of such failure or the Trustee receives, at the Corporate Trust Office, written notice of such failure from either Servicer or the Majority Certificateholders.

The Trustee shall not be required to expend or risk its own funds or otherwise incur financial liability in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers, if there is reasonable ground for believing that the repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it, and none of the provisions contained in this Agreement shall in any event require the Trustee to perform, or be responsible for the manner of performance of, any of the obligations of either Servicer under this Agreement, except during such time, if any, as the Trustee shall be the successor to, and be vested with the rights, duties, powers and privileges of, the related Servicer in accordance with the terms of this Agreement.

 

SECTION 8.02

Certain Matters Affecting the Trustee.

 

(a)

Except as otherwise provided in Section 8.01:

(i)           the Trustee may request and rely upon, and shall be protected in acting or refraining from acting upon, any resolution, Officers’ Certificate, certificate of auditors or any other certificate, statement, instrument, opinion, report, notice, request, consent, order, appraisal, bond or other paper or document reasonably believed by it to be genuine and to have been signed or presented by the proper party or parties, and the manner of obtaining consents and of evidencing the authorization of the execution thereof by Certificateholders shall be subject to such reasonable regulations as the Trustee may prescribe;

(ii)          the Trustee may consult with counsel and any advice or Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken or suffered or omitted by it hereunder in good faith and in accordance with such advice or Opinion of Counsel;

(iii)        the Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Agreement, or to institute, conduct or defend any litigation hereunder or in relation hereto, at the request, order or direction of any of the Certificateholders, pursuant to the provisions of this Agreement, unless such Certificateholders shall have offered to the Trustee reasonable security or indemnity against the costs, expenses and liabilities which may be incurred therein or thereby; the right of the Trustee to perform any discretionary act enumerated in this Agreement shall

 



not be construed as a duty, and the Trustee shall not be answerable for other than its negligence or willful misconduct in the performance of any such act;

(iv)         the Trustee shall not be liable for any action taken, suffered or omitted by it in good faith and believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Agreement;

(v)          prior to the occurrence of a Servicer Event of Termination and after the curing of all Servicer Events of Termination which may have occurred, the Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, approval, bond or other paper or documents, unless requested in writing to do so by the Majority Certificateholders; provided, however, that if the payment within a reasonable time to the Trustee of the costs, expenses or liabilities likely to be incurred by it in the making of such investigation is, in the opinion of the Trustee, not reasonably assured to the Trustee by the security afforded to it by the terms of this Agreement, the Trustee may require reasonable indemnity against such cost, expense or liability as a condition to such proceeding. Nothing in this clause (v) shall derogate from the obligation of the related Servicer to observe any applicable law prohibiting disclosure of information regarding the Mortgagors;

(vi)         the Trustee shall not be accountable, shall have no liability and makes no representation as to any acts or omissions hereunder of either Servicer until such time as the Trustee may be required to act as a Servicer pursuant to Section 7.02 and thereupon only for the acts or omissions of the Trustee as a successor Servicer;

(vii)       the Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through agents or attorneys or a custodian; and

(viii)      the right of the Trustee to perform any discretionary act enumerated in this Agreement shall not be construed as a duty, and the Trustee shall not be answerable for other than its negligence or willful misconduct in the performance of such act.

 

SECTION 8.03

Trustee Not Liable for Certificates or Mortgage Loans.

The recitals contained herein and in the Certificates (other than the authentication of the Trustee on the Certificates) shall be taken as the statements of the Depositor, and the Trustee assumes no responsibility for the correctness of the same. The Trustee makes no representations as to the validity or sufficiency of this Agreement or of the Certificates (other than the signature and authentication of the Trustee on the Certificates) or of any Mortgage Loan or related document. The Trustee shall not be accountable for the use or application by either Servicer, or for the use or application of any funds paid to the related Servicer in respect of the related Mortgage Loans or deposited in or withdrawn from the related Collection Account by such Servicer. The Trustee shall at no time have any responsibility or liability for or with respect to the legality, validity and enforceability of any Mortgage or any Mortgage Loan, or the

 



perfection and priority of any Mortgage or the maintenance of any such perfection and priority, or for or with respect to the sufficiency of the Trust or its ability to generate the payments to be distributed to Certificateholders under this Agreement, including, without limitation: the existence, condition and ownership of any Mortgaged Property; the existence and enforceability of any hazard insurance thereon (other than if the Trustee shall assume the duties of a Servicer pursuant to Section 7.02); the validity of the assignment of any Mortgage Loan to the Trustee or of any intervening assignment; the completeness of any Mortgage Loan; the performance or enforcement of any Mortgage Loan (other than if the Trustee shall assume the duties of either Servicer pursuant to Section 7.02); the compliance by the Depositor, the Seller or the Servicers with any warranty or representation made under this Agreement or in any related document or the accuracy of any such warranty or representation prior to the Trustee’s receipt of notice or other discovery of any non-compliance therewith or any breach thereof; any investment of monies by or at the direction of either Servicer or any loss resulting therefrom, it being understood that the Trustee shall remain responsible for any Trust property that it may hold in its individual capacity; the acts or omissions of either of the Servicers (other than if the Trustee shall assume the duties of a Servicer pursuant to Section 7.02), any Sub-Servicer or any Mortgagor; any action of either Servicer (other than if the Trustee shall assume the duties of a Servicer pursuant to Section 7.02), or any Sub-Servicer taken in the name of the Trustee; the failure of a Servicer or any Sub-Servicer to act or perform any duties required of it as agent of the Trustee hereunder; or any action by the Trustee taken at the instruction of either Servicer (other than if the Trustee shall assume the duties of a Servicer pursuant to Section 7.02); provided, however, that the foregoing shall not relieve the Trustee of its obligation to perform its duties under this Agreement, including, without limitation, the Trustee’s duty to review the Mortgage Files pursuant to Section 2.01. The Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder (unless the Trustee shall have become a successor Servicer).

 

SECTION 8.04

Trustee May Own Certificates.

The Trustee in its individual or any other capacity may become the owner or pledgee of Certificates with the same rights as it would have if it were not Trustee and may transact any banking and trust business with the Originator, either Servicer, the Depositor or their Affiliates.

 

SECTION 8.05

Trustee Fee and Expenses.

(a)          The Trustee shall withdraw from the Distribution Account on each Distribution Date and pay to itself the Trustee Fee and any Trustee Reimbursable Expenses. The Trustee, and any director, officer, employee or agent of the Trustee, shall be indemnified by REMIC 1 and held harmless against any loss, liability or “unanticipated out-of-pocket” expense incurred or paid to third parties (which expenses shall not include salaries paid to employees, or allocable overhead, of the Trustee) incurred by the Trustee arising out of or in connection with the acceptance or administration of its obligations and duties under this Agreement, other than any loss, liability or expense (i) resulting from a Servicer’s actions or omissions in connection with this Agreement and the Mortgage Loans for which the Trustee is indemnified under Section

 



8.05(b), (ii) that constitutes a specific liability of the Trustee under this Agreement or (iii) any loss, liability or expense incurred by reason of willful misfeasance, bad faith or negligence of the Trustee in the performance of its duties hereunder or by reason of the Trustee’s reckless disregard of its obligations and duties hereunder. Any amounts payable to the Trustee, or any director, officer, employee or agent of the Trustee, in respect of the indemnification provided by this Section 8.05(a), or pursuant to any other right of reimbursement from the Trust Fund that the Trustee, and any director, officer, employee or agent of the Trustee, may have hereunder in its capacity as such, may be withdrawn by the Trustee from the Distribution Account at any time.

(b)          Each Servicer agrees to indemnify the Trustee and any director, officer, employee or agent of the Trustee from, and hold it harmless against, any loss, liability or expense resulting from a breach of the related Servicer’s obligations and duties under this Agreement. Such indemnity shall survive the termination or discharge of this Agreement and the resignation or removal of the Trustee and the related Servicer for actions prior to such resignation or removal. Any payment hereunder made by either Servicer to the Trustee shall be from the related Servicer’s own funds, without reimbursement from the Trust Fund therefor.

(c)          The Trustee shall be further indemnified by the Trust Fund for and held harmless against, any loss, liability or expense arising out of, or in connection with, the provisions set forth in the last paragraph of Section 2.01 hereof, including, without limitation, all costs, liabilities and expenses (including reasonable legal fees and expenses) of investigating and defending itself against any claim, action or proceeding, pending or threatened, relating to the provisions of such paragraph.

 

SECTION 8.06

Eligibility Requirements for Trustee.

The Trustee hereunder shall at all times be an entity duly organized and validly existing under the laws of the United States of America or any state thereof, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least $50,000,000 and subject to supervision or examination by federal or state authority. If such entity publishes reports of condition at least annually, pursuant to law or to the requirements of any aforesaid supervising or examining authority, then for the purposes of this Section 8.06, the combined capital and surplus of such entity shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. The principal office of the Trustee (other than the initial Trustee) shall be in a state with respect to which an Opinion of Counsel has been delivered to such Trustee at the time such Trustee is appointed Trustee to the effect that the Trust will not be a taxable entity under the laws of such state. In case at any time the Trustee shall cease to be eligible in accordance with the provisions of this Section 8.06, the Trustee shall resign immediately in the manner and with the effect specified in Section 8.07.

 

SECTION 8.07

Resignation or Removal of Trustee.

The Trustee may at any time resign and be discharged from the trusts hereby created by giving written notice thereof to the Depositor, the Servicers and each Rating Agency. Upon receiving such notice of resignation, the Depositor shall promptly appoint a successor Trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to

 



the resigning Trustee and one copy to the successor Trustee. If no successor Trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trustee.

If at any time the Trustee shall cease to be eligible in accordance with the provisions of Section 8.06 and shall fail to resign after written request therefor by the Depositor, or if at any time the Trustee shall be legally unable to act, or shall be adjudged a bankrupt or insolvent, or a receiver of the Trustee or of its property shall be appointed, or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose of rehabilitation, conservation or liquidation, then the Depositor or the Servicers may remove the Trustee. If the Depositor or the Servicers removes the Trustee under the authority of the immediately preceding sentence, the Depositor shall promptly appoint a successor Trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the Trustee so removed and one copy to the successor trustee.

The Majority Certificateholders may at any time remove the Trustee by written instrument or instruments delivered to the Servicers, the Depositor and the Trustee; the Depositor shall thereupon use its best efforts to appoint a successor trustee in accordance with this Section.

Any resignation or removal of the Trustee and appointment of a successor Trustee pursuant to any of the provisions of this Section 8.07 shall not become effective until acceptance of appointment by the successor Trustee as provided in Section 8.08.

 

SECTION 8.08

Successor Trustee.

Any successor Trustee appointed as provided in Section 8.07 shall execute, acknowledge and deliver to the Depositor, the Servicers and to its predecessor Trustee an instrument accepting such appointment hereunder, and thereupon the resignation or removal of the predecessor Trustee shall become effective, and such successor Trustee, without any further act, deed or conveyance, shall become fully vested with all the rights, powers, duties and obligations of its predecessor hereunder, with like effect as if originally named as Trustee. The Depositor, the Servicers and the predecessor Trustee shall execute and deliver such instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor Trustee all such rights, powers, duties and obligations.

No successor Trustee shall accept appointment as provided in this Section 8.08 unless at the time of such acceptance such successor Trustee shall be eligible under the provisions of Section 8.06 and the appointment of such successor Trustee shall not result in a downgrading of the Regular Certificates by either Rating Agency, as evidenced by a letter from each Rating Agency.

Upon acceptance of appointment by a successor Trustee as provided in this Section 8.08, the successor Trustee shall mail notice of the appointment of a successor Trustee hereunder to all Holders of Certificates at their addresses as shown in the Certificate Register and to each Rating Agency.

 



 

 

SECTION 8.09

Merger or Consolidation of Trustee.

Any entity into which the Trustee may be merged or converted or with which it may be consolidated, or any entity resulting from any merger, conversion or consolidation to which the Trustee shall be a party, or any entity succeeding to the business of the Trustee, shall be the successor of the Trustee hereunder, provided such entity shall be eligible under the provisions of Section 8.06 and 8.08, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding.

 

SECTION 8.10

Appointment of Co-Trustee or Separate Trustee.

Notwithstanding any other provisions of this Agreement, at any time, for the purpose of meeting any legal requirements of any jurisdiction in which any part of the Trust or any Mortgaged Property may at the time be located, the Depositor and the Trustee acting jointly shall have the power and shall execute and deliver all instruments to appoint one or more Persons approved by the Trustee to act as co-trustee or co-trustees, jointly with the Trustee, or separate trustee or separate trustees, of all or any part of the Trust, and to vest in such Person or Persons, in such capacity and for the benefit of the Certificateholders, such title to the Trust, or any part thereof, and, subject to the other provisions of this Section 8.10, such powers, duties, obligations, rights and trusts as the Servicers and the Trustee may consider necessary or desirable. Any such co-trustee or separate trustee shall be subject to the written approval of the Servicers. If the Servicers shall not have joined in such appointment within 15 days after the receipt by it of a request so to do, or in the case a Servicer Event of Termination shall have occurred and be continuing, the Trustee alone shall have the power to make such appointment. No co-trustee or separate trustee hereunder shall be required to meet the terms of eligibility as a successor trustee under Section 8.06, and no notice to Certificateholders of the appointment of any co-trustee or separate trustee shall be required under Section 8.08. The related Servicer shall be responsible for the fees of any co-trustee or separate trustee appointed hereunder.

Every separate trustee and co-trustee shall, to the extent permitted by law, be appointed and act subject to the following provisions and conditions:

(i)           all rights, powers, duties and obligations conferred or imposed upon the Trustee shall be conferred or imposed upon and exercised or performed by the Trustee and such separate trustee or co-trustee jointly (it being understood that such separate trustee or co-trustee is not authorized to act separately without the Trustee joining in such act), except to the extent that under any law of any jurisdiction in which any particular act or acts are to be performed (whether as Trustee hereunder or as successor to the related Servicer hereunder), the Trustee shall be incompetent or unqualified to perform such act or acts, in which event such rights, powers, duties and obligations (including the holding of title to the Trust or any portion thereof in any such jurisdiction) shall be exercised and performed singly by such separate trustee or co-trustee, but solely at the direction of the Trustee;

(ii)          no trustee hereunder shall be held personally liable by reason of any act or omission of any other trustee hereunder; and

 



 

(iii)        the Servicers and the Trustee, acting jointly, may at any time accept the resignation of or remove any separate trustee or co-trustee except that following the occurrence of a Servicer Event of Termination, the Trustee acting alone may accept the resignation or remove any separate trustee or co-trustee.

Any notice, request or other writing given to the Trustee shall be deemed to have been given to each of the then separate trustees and co-trustees, as effectively as if given to each of them. Every instrument appointing any separate trustee or co-trustee shall refer to this Agreement and the conditions of this Article VIII. Each separate trustee and co-trustee, upon its acceptance of the trusts conferred, shall be vested with the estates or property specified in its instrument of appointment, either jointly with the Trustee or separately, as may be provided therein, subject to all the provisions of this Agreement, specifically including every provision of this Agreement relating to the conduct of, affecting the liability of, or affording protection to, the Trustee. Every such instrument shall be filed with the Trustee and a copy thereof given to the Depositor and the Servicers.

Any separate trustee or co-trustee may, at any time, constitute the Trustee, its agent or attorney-in-fact, with full power and authority, to the extent not prohibited by law, to do any lawful act under or in respect of this Agreement on its behalf and in its name. If any separate trustee or co-trustee shall die, become incapable of acting, resign or be removed, all of its estates, properties, rights, remedies and trusts shall vest in and be exercised by the Trustee, to the extent permitted by law, without the appointment of a new or successor Trustee.

 

SECTION 8.11.

Limitation of Liability.

The Certificates are executed by the Trustee, not in its individual capacity but solely as Trustee of the Trust, in the exercise of the powers and authority conferred upon and vested in it by the Trust Agreement. Each of the undertakings and agreements made on the part of the Trustee in the Certificates is made and intended not as a personal undertaking or agreement by the Trustee but is made and intended for the purpose of binding only the Trust.

 

SECTION 8.11

Trustee May Enforce Claims Without Possession of Certificates.

(a)          All rights of action and claims under this Agreement or the Certificates may be prosecuted and enforced by the Trustee without the possession of any of the Certificates or the production thereof in any proceeding relating thereto, and such proceeding instituted by the Trustee shall be brought in its own name or in its capacity as Trustee for the benefit of all Holders of such Certificates, subject to the provisions of this Agreement. Any recovery of judgment shall, after provision for the payment of the reasonable compensation, expenses, disbursement and advances of the Trustee, its agents and counsel, be for the ratable benefit of the Certificateholders in respect of which such judgment has been recovered.

(b)          The Trustee shall afford the Seller, the Depositor, the Servicers and each Certificateholder upon reasonable notice during normal business hours, access to all records maintained by the Trustee in respect of its duties hereunder and access to officers of the Trustee responsible for performing such duties. Upon request, the Trustee shall furnish the Depositor, the

 



Servicers and any requesting Certificateholder with its most recent financial statements. The Trustee shall cooperate fully with the Seller, the Servicers, the Depositor and such Certificateholder and shall make available to the Seller, the Servicers, the Depositor and such Certificateholder for review and copying such books, documents or records as may be requested with respect to the Trustee’s duties hereunder. The Seller, the Depositor, the Servicers and the Certificateholders shall not have any responsibility or liability for any action or failure to act by the Trustee and are not obligated to supervise the performance of the Trustee under this Agreement or otherwise.

 

SECTION 8.12

Suits for Enforcement.

In case a Servicer Event of Termination or other default by a Servicer or the Depositor hereunder shall occur and be continuing, the Trustee shall, at the written direction of the Majority Certificateholders, or otherwise may, proceed to protect and enforce its rights and the rights of the Certificateholders under this Agreement by a suit, action or proceeding in equity or at law or otherwise, whether for the specific performance of any covenant or agreement contained in this Agreement or in aid of the execution of any power granted in this Agreement or for the enforcement of any other legal, equitable or other remedy, as the Trustee, being advised by counsel, and subject to the foregoing, shall deem most effectual to protect and enforce any of the rights of the Trustee and the Certificateholders.

 

SECTION 8.13

Waiver of Bond Requirement.

The Trustee shall be relieved of, and each Certificateholder hereby waives, any requirement of any jurisdiction in which the Trust, or any part thereof, may be located that the Trustee post a bond or other surety with any court, agency or body whatsoever.

 

SECTION 8.14

Waiver of Inventory, Accounting and Appraisal Requirement.

The Trustee shall be relieved of, and each Certificateholder hereby waives, any requirement of any jurisdiction in which the Trust, or any part thereof, may be located that the Trustee file any inventory, accounting or appraisal of the Trust with any court, agency or body at any time or in any manner whatsoever.

 



 

ARTICLE IX

 

REMIC ADMINISTRATION

 

SECTION 9.01

REMIC Administration.

(a)          REMIC elections as set forth in the Preliminary Statement shall be made by the Trustee on Form 1066 or other appropriate federal tax or information return for the taxable year ending on the last day of the calendar year in which the Certificates are issued. The regular interests and residual interest in each REMIC shall be as designated in the Preliminary Statement.

(b)          The Closing Date is hereby designated as the “Startup Day” of each REMIC within the meaning of section 860G(a)(9) of the Code.

(c)          The Trustee shall pay any and all tax-related expenses (not including taxes) of each REMIC, including but not limited to any professional fees or expenses related to audits or any administrative or judicial proceedings with respect to each REMIC that involve the Internal Revenue Service or state tax authorities, but only to the extent that (i) such expenses are ordinary or routine expenses, including expenses of a routine audit but not expenses of litigation (except as described in (ii)); or (ii) such expenses or liabilities (including taxes and penalties) are attributable to the negligence or willful misconduct of the Trustee in fulfilling its duties hereunder. The Trustee shall be entitled to reimbursement of expenses to the extent provided in this Section 9.01(c) from the Distribution Account and shall be permitted to pay any expenses or liabilities it is not requied to pay pursuant to clauses (i) or (ii) of the preceding sentence from the Distribution Account.

(d)          The Trustee shall prepare, sign and file, all of the REMICs’ federal and state tax and information returns (including Form 8811) as the direct representative of each REMIC created hereunder. The expenses of preparing and filing such returns shall be borne by the Trustee.

(e)          The Holder of the Class R Certificate at any time holding the largest Percentage Interest thereof shall be the “tax matters person” as defined in the REMIC Provisions (the “Tax Matters Person”) with respect to REMIC 1 and REMIC 2 and shall act as the Tax Matters Person for REMIC 1 and REMIC 2. The Holder of the Class R-X Certificate at any time holding the largest Percentage Interest thereof shall be the Tax Matters Person with respect to REMIC 3 and REMIC 4 and shall act as the Tax Matters Person for REMIC 3 and REMIC 4. The Trustee, as agent for the Tax Matters Person, shall perform on behalf of each REMIC all reporting and other tax compliance duties that are the responsibility of such REMIC under the Code, the REMIC Provisions or other compliance guidance issued by the Internal Revenue Service or any state or local taxing authority. Among its other duties, if required by the Code, the REMIC Provisions, or other such guidance, the Trustee, as agent for the Tax Matters Person, shall provide (i) to the Treasury or other governmental authority such information as is necessary for the application of any tax relating to the transfer of a Residual Certificate to any disqualified person or organization and (ii) to the Certificateholders such information or reports as are

 



required by the Code or REMIC Provisions. The Trustee, as agent for the Tax Matters Person, shall represent each REMIC in any administrative or judicial proceedings relating to an examination or audit by any governmental taxing authority, request an administrative adjustment as to any taxable year of any REMIC, enter into settlement agreements with any government taxing agency, extend any statute of limitations relating to any item of any REMIC and otherwise act on behalf of any REMIC in relation to any tax matter involving the Trust.

(f)           The Trustee, the Servicers and the Holders of Certificates shall take any action or cause any REMIC to take any action necessary to create or maintain the status of each REMIC as a REMIC under the REMIC Provisions and shall assist each other as necessary to create or maintain such status. None of the Trustee, the Servicers or the Holder of any Residual Certificate shall take any action, cause any REMIC created hereunder to take any action or fail to take (or fail to cause to be taken) any action that, under the REMIC Provisions, if taken or not taken, as the case may be, could (i) endanger the status of such REMIC as a REMIC or (ii) result in the imposition of a tax upon such REMIC (including but not limited to the tax on prohibited transactions as defined in Code Section 860F(a)(2) and the tax on prohibited contributions set forth on Section 860G(d) of the Code) (either such event, an “Adverse REMIC Event”) unless the Trustee and the Servicers have received an Opinion of Counsel (at the expense of the party seeking to take such action) to the effect that the contemplated action will not endanger such status or result in the imposition of such a tax. In addition, prior to taking any action with respect to any REMIC created hereunder or the assets therein, or causing such REMIC to take any action, which is not expressly permitted under the terms of this Agreement, any Holder of a Residual Certificate will consult with the Trustee and the Servicers, or their respective designees, in writing, with respect to whether such action could cause an Adverse REMIC Event to occur with respect to any REMIC, and no such Person shall take any such action or cause any REMIC to take any such action as to which the Trustee or the Servicers has advised it in writing that an Adverse REMIC Event could occur.

(g)          Each Holder of a Residual Certificate shall pay when due any and all taxes imposed on each REMIC created hereunder by federal or state governmental authorities. To the extent that such Trust taxes are not paid by a Residual Certificateholder, the Trustee shall pay any remaining REMIC taxes out of current or future amounts otherwise distributable to the Holder of the Residual Certificate in the REMICs or, if no such amounts are available, out of other amounts held in the Distribution Account, and shall reduce amounts otherwise payable to Holders of regular interests in the related REMIC. Subject to the foregoing, in the event that a REMIC incurs a state or local tax, including franchise taxes, as a result of a determination that such REMIC is domiciled in the State of California for state tax purposes by virtue of the location of either Servicer, the related Servicer agrees to pay on behalf of such REMIC when due, any and all state and local taxes imposed as a result of such a determination, in the event that the Holder of the related Residual Certificate fails to pay such taxes, if any, when imposed.

(h)          The Trustee, as agent for the Tax Matters Person, shall, for federal income tax purposes, maintain books and records with respect to each REMIC created hereunder on a calendar year and on an accrual basis.

 



 

(i)           No additional contributions of assets shall be made to any REMIC created hereunder, except as expressly provided in this Agreement with respect to eligible substitute mortgage loans.

(j)           Neither the Trustee nor either Servicer shall enter into any arrangement by which any REMIC created hereunder will receive a fee or other compensation for services.

 

(k)

[Reserved].

(l)           The Trustee will apply for an Employee Identification Number from the Internal Revenue Service via a Form SS-4 or other acceptable method for all tax entities and shall complete Form 8811.

 

SECTION 9.02

Prohibited Transactions and Activities.

None of the Depositor, the Servicers or the Trustee shall sell, dispose of, or substitute for any of the Mortgage Loans, except in a disposition pursuant to (i) the foreclosure of a Mortgage Loan, (ii) the bankruptcy of the Trust Fund, (iii) the termination of any REMIC created hereunder pursuant to Article X of this Agreement, (iv) a substitution pursuant to Article II of this Agreement or (v) a repurchase of Mortgage Loans pursuant to Article II of this Agreement, nor acquire any assets for any REMIC, nor sell or dispose of any investments in the Distribution Account for gain, nor accept any contributions to either REMIC after the Closing Date, unless it has received an Opinion of Counsel (at the expense of the party causing such sale, disposition, or substitution) that such disposition, acquisition, substitution, or acceptance will not (a) affect adversely the status of any REMIC created hereunder as a REMIC or of the interests therein other than the Residual Certificates as the regular interests therein, (b) affect the distribution of interest or principal on the Certificates, (c) result in the encumbrance of the assets transferred or assigned to the Trust Fund (except pursuant to the provisions of this Agreement) or (d) cause any REMIC created hereunder to be subject to a tax on prohibited transactions or prohibited contributions pursuant to the REMIC Provisions.

 

SECTION 9.03

Indemnification with Respect to Certain Taxes and Loss of REMIC Status.

(a)          In the event that any REMIC fails to qualify as a REMIC, loses its status as a REMIC, or incurs federal, state or local taxes as a result of a prohibited transaction or prohibited contribution under the REMIC Provisions due to the negligent performance by either Servicer of its duties and obligations set forth herein, the related Servicer shall indemnify the Trustee and the Trust Fund against any and all losses, claims, damages, liabilities or expenses (“Losses”) resulting from such negligence; provided, however, that the related Servicer shall not be liable for any such Losses attributable to the action or inaction of the Trustee, the Depositor, another Servicer or the Holder of such Residual Certificate, as applicable, nor for any such Losses resulting from misinformation provided by the Holder of such Residual Certificate on which the related Servicer has relied. The foregoing shall not be deemed to limit or restrict the rights and remedies of the Holder of such Residual Certificate now or hereafter existing at law or in equity. Notwithstanding the foregoing, however, in no event shall the related Servicer have

 



any liability (1) for any action or omission that is taken in accordance with and in compliance with the express terms of, or which is expressly permitted by the terms of, this Agreement, (2) for any Losses other than arising out of a negligent performance by the related Servicer of its duties and obligations set forth herein, and (3) for any special or consequential damages to Certificateholders (in addition to payment of principal and interest on the Certificates).

(b)          In the event that any REMIC fails to qualify as a REMIC, loses its status as a REMIC, or incurs federal, state or local taxes as a result of a prohibited transaction or prohibited contribution under the REMIC Provisions due to the negligent performance by the Trustee of its duties and obligations set forth herein, the Trustee shall indemnify the Servicers and the Trust Fund against any and all Losses resulting from such negligence; provided, however, that the Trustee shall not be liable for any such Losses attributable to the action or inaction of either Servicer, the Depositor or the Holder of such Residual Certificate, as applicable, nor for any such Losses resulting from misinformation provided by the Holder of such Residual Certificate on which the Trustee has relied. The foregoing shall not be deemed to limit or restrict the rights and remedies of the Holder of such Residual Certificate now or hereafter existing at law or in equity. Notwithstanding the foregoing, however, in no event shall the Trustee have any liability (1) for any action or omission that is taken in accordance with and in compliance with the express terms of, or which is expressly permitted by the terms of, this Agreement, (2) for any Losses other than arising out of a negligent performance by the Trustee of its duties and obligations set forth herein, and (3) for any special or consequential damages to Certificateholders (in addition to payment of principal and interest on the Certificates).

 



 

ARTICLE X

 

TERMINATION

 

SECTION 10.01

Termination.

(a)          The respective obligations and responsibilities of the Servicers, the Depositor and the Trustee created hereby (other than the obligation of the Trustee to make certain payments to Certificateholders after the final Distribution Date, the obligation of the Servicers to send certain notices as hereinafter set forth and the indemnification obligations of the Servicers to the Trustee hereunder) shall terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Terminator (as defined below) of the Mortgage Loans as described below and (iv) the Distribution Date in October 2035. Notwithstanding the foregoing, in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the last survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the Court of St. James’s, living on the date hereof.

Each Servicer (in such capacity, the “Terminator”), may, at its option, terminate this Agreement on any date on which the aggregate of the Stated Principal Balances of the Mortgage Loans (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) on such date is equal to or less than 10% of the aggregate Stated Principal Balance of the Original Mortgage Loans on the Cut-off Date, by purchasing, on the next succeeding Distribution Date, all of the outstanding Mortgage Loans and REO Properties at a price equal to the greater of (i) the Stated Principal Balance of the Mortgage Loans and the appraised value of any REO Properties, such appraisal to be conducted by an Independent appraiser mutually agreed upon by the Terminator and the Trustee in their reasonable discretion and (ii) the fair market value of the Mortgage Loans and the REO Properties (as determined by (x) the Terminator, (y) the Holder of a majority in Percentage Interest in the Class C Certificates, and (z) to the extent that the Fixed Rate Certificates or the Floating Rate Certificates will not receive all amounts owed to it as a result of the termination, the Trustee, as of the close of business on the third Business Day next preceding the date upon which notice of any such termination is furnished to the related Certificateholders pursuant to Section 10.01(c)), in each case plus accrued and unpaid interest thereon at the weighted average of the Mortgage Rates through the end of the Due Period preceding the final Distribution Date plus unreimbursed Servicing Advances, Advances, any unpaid Servicing Fees allocable to such Mortgage Loans and REO Properties and any accrued and unpaid Net WAC Rate Carryover Amount (the “Termination Price”); provided, however, such option may only be exercised if the Termination Price is sufficient to pay all interest accrued on, as well as amounts necessary to retire the note balance of, each class of notes issued pursuant to the Indenture.

In connection with any such purchase pursuant to the preceding paragraph, the Terminator shall deposit in the Distribution Account all amounts then on deposit in the

 



Collection Accounts, which deposit shall be deemed to have occurred immediately preceding such purchase.

Any such purchase shall be accomplished by deposit into the Distribution Account on the Determination Date before such Distribution Date of the Termination Price.

(b)          Notice of any termination, specifying the Distribution Date (which shall be a date that would otherwise be a Distribution Date) upon which the Certificateholders may surrender their Certificates to the Trustee for payment of the final distribution and cancellation, shall be given promptly by the Trustee upon the Trustee receiving notice of such date from the Terminator, by letter to the Certificateholders mailed not earlier than the 15th day and not later than the 25th day of the month next preceding the month of such final distribution specifying (1) the Distribution Date upon which final distribution of the Certificates will be made upon presentation and surrender of such Certificates at the office or agency of the Trustee therein designated, (2) the amount of any such final distribution and (3) that the Record Date otherwise applicable to such Distribution Date is not applicable, distributions being made only upon presentation and surrender of the Certificates at the office or agency of the Trustee therein specified.

(c)          Upon presentation and surrender of the Certificates, the Trustee shall cause to be distributed to the Holders of the Certificates on the Distribution Date for such final distribution, in proportion to the Percentage Interests of their respective Class and to the extent that funds are available for such purpose, an amount equal to the amount required to be distributed to such Holders in accordance with the provisions of Section 4.01 for such Distribution Date. By acceptance of the Residual Certificates, the Holders of the Residual Certificates agree, in connection with any termination hereunder, to assign and transfer any amounts in excess of the par value of the Mortgage Loans, and to the extent received in respect of such termination, to pay any such amounts to the Holders of the Class C Certificates.

(d)          In the event that all Certificateholders shall not surrender their Certificates for final payment and cancellation on or before such final Distribution Date, the Trustee shall promptly following such date cause all funds in the Distribution Account not distributed in final distribution to Certificateholders to be withdrawn therefrom and credited to the remaining Certificateholders by depositing such funds in a separate account for the benefit of such Certificateholders, and the related Servicer (if either Servicer has exercised its right to purchase the Mortgage Loans) or the Trustee (in any other case) shall give a second written notice to the remaining Certificateholders, to surrender their Certificates for cancellation and receive the final distribution with respect thereto. If within nine months after the second notice all the Certificates shall not have been surrendered for cancellation, the Residual Certificateholders shall be entitled to all unclaimed funds and other assets which remain subject hereto, and the Trustee upon transfer of such funds shall be discharged of any responsibility for such funds, and the Certificateholders shall look to the Residual Certificateholders for payment.

 



 

 

SECTION 10.02

Additional Termination Requirements.

(a)          In the event that the Terminator exercises its purchase option as provided in Section 10.01, each REMIC shall be terminated in accordance with the following additional requirements, unless the Trustee shall have been furnished with an Opinion of Counsel to the effect that the failure of the Trust to comply with the requirements of this Section will not (i) result in the imposition of taxes on “prohibited transactions” of the Trust as defined in Section 860F of the Code or (ii) cause any REMIC constituting part of the Trust Fund to fail to qualify as a REMIC at any time that any Certificates are outstanding:

(i)           Within 90 days prior to the final Distribution Date, the Terminator shall adopt and the Trustee shall sign a plan of complete liquidation of each REMIC created hereunder meeting the requirements of a “Qualified Liquidation” under Section 860F of the Code and any regulations thereunder; and

(ii)          At or after the time of adoption of such a plan of complete liquidation and at or prior to the final Distribution Date, the Trustee shall sell all of the assets of the Trust Fund to the Terminator for cash pursuant to the terms of the plan of complete liquidation.

(b)          By their acceptance of Certificates, the Holders thereof hereby agree to appoint the Trustee as their attorney in fact to: (i) adopt such a plan of complete liquidation (and the Certificateholders hereby appoint the Trustee as their attorney in fact to sign such plan) as appropriate and (ii) to take such other action in connection therewith as may be reasonably required to carry out such plan of complete liquidation all in accordance with the terms hereof.

 



 

ARTICLE XI

 

MISCELLANEOUS PROVISIONS

 

SECTION 11.01

Amendment.

This Agreement may be amended from time to time by the Depositor, the Servicers and the Trustee; and without the consent of the Certificateholders (i) to cure any ambiguity, (ii) to correct or supplement any provisions herein which may be defective or inconsistent with any other provisions herein, (iii) to amend the provisions of Section 3.22(b) or (iv) to make any other provisions with respect to matters or questions arising under this Agreement which shall not be inconsistent with the provisions of this Agreement; provided that such action shall not, as evidenced by either (a) an Opinion of Counsel delivered to the Trustee or (b) written notice to the Depositor, the Servicers and the Trustee from each Rating Agency that such action will not result in the reduction or withdrawal of the rating of any outstanding Class of Certificates with respect to which it is a Rating Agency, adversely affect in any material respect the interests of any Certificateholder. No amendment shall be deemed to adversely affect in any material respect the interests of any Certificateholder who shall have consented thereto, and no Opinion of Counsel or Rating Agency confirmation shall be required to address the effect of any such amendment on any such consenting Certificateholder. Notwithstanding the foregoing, neither an Opinion of Counsel nor written notice to the Depositor, the Servicers and the Trustee from the Rating Agencies will be required in connection with an amendment to the provisions of Section 3.22(b).

In addition, this Agreement may be amended from time to time by the Depositor, the Servicers and the Trustee with the consent of the Majority Certificateholders for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Agreement or of modifying in any manner the rights of the Holders of Certificates; provided, however, that no such amendment or waiver shall (x) reduce in any manner the amount of, or delay the timing of, payments on the Certificates or distributions which are required to be made on any Certificate without the consent of the Holder of such Certificate, (y) adversely affect in any material respect the interests of the Holders of any Class of Certificates (as evidenced by either (i) an Opinion of Counsel delivered to the Trustee or (ii) written notice to the Depositor, the Servicers and the Trustee from each Rating Agency that such action will not result in the reduction or withdrawal of the rating of any outstanding Class of Certificates with respect to which it is a Rating Agency) in a manner other than as described in clause (x) above, without the consent of the Holders of Certificates of such Class evidencing at least a 66% Percentage Interest in such Class, or (z) reduce the percentage of Voting Rights required by clause (y) above without the consent of the Holders of all Certificates of such Class then outstanding. Upon approval of an amendment, a copy of such amendment shall be sent to the Rating Agencies.

Notwithstanding any provision of this Agreement to the contrary, the Trustee shall not consent to any amendment to this Agreement unless it shall have first received an Opinion of Counsel, delivered by (and at the expense of) the Person seeking such Amendment, to the effect that such amendment will not result in the imposition of a tax on any REMIC created hereunder constituting part of the Trust Fund pursuant to the REMIC Provisions or cause

 



any REMIC created hereunder constituting part of the Trust to fail to qualify as a REMIC at any time that any Certificates are outstanding, and that the amendment is being made in accordance with the terms hereof.

Promptly after the execution of any such amendment the Trustee shall furnish, at the expense of the Person that requested the amendment if such Person is the Servicer (but in no event at the expense of the Trustee), otherwise at the expense of the Trust, a copy of such amendment and the Opinion of Counsel referred to in the immediately preceding paragraph to the Servicers and each Rating Agency.

It shall not be necessary for the consent of Certificateholders under this Section 11.01 to approve the particular form of any proposed amendment; instead it shall be sufficient if such consent shall approve the substance thereof. The manner of obtaining such consents and of evidencing the authorization of the execution thereof by Certificateholders shall be subject to such reasonable regulations as the Trustee may prescribe.

The Trustee may, but shall not be obligated to, enter into any amendment pursuant to this Section 11.01 that affects its rights, duties and immunities under this Agreement or otherwise.

 

SECTION 11.02

Recordation of Agreement; Counterparts.

To the extent permitted by applicable law, this Agreement is subject to recordation in all appropriate public offices for real property records in all the counties or other comparable jurisdictions in which any or all of the properties subject to the Mortgages are situated, and in any other appropriate public recording office or elsewhere, such recordation to be effected by the related Servicer at the expense of the Trust, but only upon direction of Certificateholders accompanied by an Opinion of Counsel to the effect that such recordation materially and beneficially affects the interests of the Certificateholders.

For the purpose of facilitating the recordation of this Agreement as herein provided and for other purposes, this Agreement may be executed simultaneously in any number of counterparts, each of which counterparts shall be deemed to be an original, and such counterparts shall together constitute but one and the same instrument.

 

SECTION 11.03

Limitation on Rights of Certificateholders.

The death or incapacity of any Certificateholder shall not (i) operate to terminate this Agreement or the Trust, (ii) entitle such Certificateholder’s legal representatives or heirs to claim an accounting or to take any action or proceeding in any court for a partition or winding up of the Trust, or (iii) otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Except as expressly provided for herein, no Certificateholder shall have any right to vote or in any manner otherwise control the operation and management of the Trust, or the obligations of the parties hereto, nor shall anything herein set forth or contained in the terms of the Certificates be construed so as to constitute the Certificateholders from time to time as

 



partners or members of an association; nor shall any Certificateholder be under any liability to any third person by reason of any action taken by the parties to this Agreement pursuant to any provision hereof.

No Certificateholder shall have any right by virtue of any provision of this Agreement to institute any suit, action or proceeding in equity or at law upon or under or with respect to this Agreement, unless such Holder previously shall have given to the Trustee a written notice of default and of the continuance thereof, as hereinbefore provided, and unless also the Holders of Certificates entitled to at least 25% of the Voting Rights shall have made written request upon the Trustee to institute such action, suit or proceeding in its own name as Trustee hereunder and shall have offered to the Trustee such reasonable indemnity as it may require against the costs, expenses and liabilities to be incurred therein or thereby, and the Trustee for 15 days after its receipt of such notice, request and offer of indemnity, shall have neglected or refused to institute any such action, suit or proceeding. It is understood and intended, and expressly covenanted by each Certificateholder with every other Certificateholder and the Trustee, that no one or more Holders of Certificates shall have any right in any manner whatever by virtue of any provision of this Agreement to affect, disturb or prejudice the rights of the Holders of any other of such Certificates, or to obtain or seek to obtain priority over or preference to any other such Holder, which priority or preference is not otherwise provided for herein, or to enforce any right under this Agreement, except in the manner herein provided and for the equal, ratable and common benefit of all Certificateholders. For the protection and enforcement of the provisions of this Section 11.03 each and every Certificateholder and the Trustee shall be entitled to such relief as can be given either at law or in equity.

 

SECTION 11.04

Governing Law; Jurisdiction.

This Agreement shall be construed in accordance with the laws of the State of New York, and the obligations, rights and remedies of the parties hereunder shall be determined in accordance with such laws. With respect to any claim arising out of this Agreement, each party irrevocably submits to the exclusive jurisdiction of the courts of the State of New York and the United States District Court located in the Borough of Manhattan in The City of New York, and each party irrevocably waives any objection which it may have at any time to the laying of venue of any suit, action or proceeding arising out of or relating hereto brought in any such courts, irrevocably waives any claim that any such suit, action or proceeding brought in any such court has been brought in any inconvenient forum and further irrevocably waives the right to object, with respect to such claim, suit, action or proceeding brought in any such court, that such court does not have jurisdiction over such party, provided that service of process has been made by any lawful means.

 

SECTION 11.05

Notices.

All directions, demands and notices hereunder shall be in writing and shall be deemed to have been duly given if personally delivered at or mailed by first class mail, postage prepaid, by facsimile or by express delivery service, to (a) in the case of Centex Home Equity Company, LLC, 2828 N. Harwood Street, 11th Floor, Dallas, Texas 75201, Attention: Chief Financial Officer, with a copy to the General Counsel, or such other address or telecopy number

 



as may hereafter be furnished to the Depositor and the Trustee in writing by Centex Home Equity Company, LLC, (b) in the case of HomEq Servicing Corporation, 4837 Watt Avenue, North Highlands, California 95660-5101, Attention: Portfolio Management, Facsimile No. (916) 339-6995 with a copy to HomEq Servicing Corporation, 1620 East Roseville Parkway, Suite 210, 2nd Floor, Roseville, California 95661, Attention: Legal Department, Facsimile No. (916) 339-6995, or such other address or telecopy number as may hereafter be furnished to the Depositor and the Trustee in writing by HomEq Servicing Corporation, (c) in the case of the Trustee, the Corporate Trust Office, Attention: Soundview 2005-CTX1 or such other address or telecopy number as may hereafter be furnished to the Depositor and the Servicers in writing by the Trustee and (d) in the case of the Depositor, Financial Asset Securities Corp., 600 Steamboat Road, Greenwich, Connecticut 06830, Attention: Legal, or such other address or telecopy number as may be furnished to the Servicers and the Trustee in writing by the Depositor. Any notice required or permitted to be mailed to a Certificateholder shall be given by first class mail, postage prepaid, at the address of such Holder as shown in the Certificate Register. Notice of any Servicer Event of Termination shall be given by telecopy and by certified mail. Any notice so mailed within the time prescribed in this Agreement shall be conclusively presumed to have duly been given when mailed, whether or not the Certificateholder receives such notice. A copy of any notice required to be telecopied hereunder shall also be mailed to the appropriate party in the manner set forth above.

 

SECTION 11.06

Severability of Provisions.

If any one or more of the covenants, agreements, provisions or terms of this Agreement shall for any reason whatsoever be held invalid, then such covenants, agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or of the Certificates or the rights of the Holders thereof.

 

SECTION 11.07

Article and Section References.

All article and section references used in this Agreement, unless otherwise provided, are to articles and sections in this Agreement.

 

SECTION 11.08

Notice to the Rating Agencies.

(a)          The Trustee shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies with respect to each of the following of which a Responsible Officer of the Trustee has actual knowledge:

 

(i)

any material change or amendment to this Agreement;

(ii)          the occurrence of any Servicer Event of Termination that has not been cured or waived;

 

(iii)

the resignation or termination of the Servicer or the Trustee;

 

 

(iv)

the final payment to Holders of the Certificates of any Class;

 

 



 

 

(v)

any change in the location of the Distribution Account; and

(vi)         if the Trustee is acting as successor Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances.

(b)          In addition, the Trustee shall promptly make available on its website initially located at www.jpmorgan.com/sfr to each Rating Agency copies of each Statement to Certificateholders described in Sections 4.03 and 3.19 (to the extent received by it from the Servicers) hereof and the related Servicer shall promptly furnish to each Rating Agency copies of the following:

 

(i)

each annual statement as to compliance described in Section 3.20 hereof;

(ii)          each annual independent public accountants’ servicing report described in Section 3.21 hereof; and

(iii)         each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that a Servicer has not made an Advance.

Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Moody’s Investors Service, Inc., 99 Church Street, New York, New York 10007, (ii) Standard & Poor’s, a division of The McGraw-Hill Companies, Inc., 55 Water Street, 41st Floor, New York, NY 10041, Attention: Residential Mortgage Surveillance Group and (iii) Fitch Ratings, One State Street Plaza, New York, New York 10004.

 

SECTION 11.09

Further Assurances.

Notwithstanding any other provision of this Agreement, neither the Regular Certificateholders nor the Trustee shall have any obligation to consent to any amendment or modification of this Agreement unless they have been provided reasonable security or indemnity against their out-of-pocket expenses (including reasonable attorneys’ fees) to be incurred in connection therewith.

 

SECTION 11.10

Benefits of Agreement.

Nothing in this Agreement or in the Certificates, expressed or implied, shall give to any Person, other than the Certificateholders and the parties hereto and their successors hereunder, any benefit or any legal or equitable right, remedy or claim under this Agreement.

 

SECTION 11.11

Acts of Certificateholders.

(a)          Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Agreement to be given or taken by the Certificateholders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Certificateholders in person or by an agent duly appointed in writing, and such action shall

 



become effective when such instrument or instruments are delivered to the Trustee and the Servicers. Such instrument or instruments (and the action embodied therein and evidenced thereby) are herein sometimes referred to as the “act” of the Certificateholders signing such instrument or instruments. Proof of execution of any such instrument or of a writing appointing any such agent shall be sufficient for any purpose of this Agreement and conclusive in favor of the Trustee and the Trust, if made in the manner provided in this Section 11.11.

(b)          The fact and date of the execution by any Person of any such instrument or writing may be proved by the affidavit of a witness of such execution or by the certificate of a notary public or other officer authorized by law to take acknowledgments of deeds, certifying that the individual signing such instrument or writing acknowledged to him the execution thereof. Whenever such execution is by a signer acting in a capacity other than his or her individual capacity, such certificate or affidavit shall also constitute sufficient proof of his authority.

(c)          Any request, demand, authorization, direction, notice, consent, waiver or other action by any Certificateholder shall bind every future Holder of such Certificate and the Holder of every Certificate issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof, in respect of anything done, omitted or suffered to be done by the Trustee or the Trust in reliance thereon, whether or not notation of such action is made upon such Certificate.

 



 

IN WITNESS WHEREOF, the Depositor, the Servicer and the Trustee have caused their names to be signed hereto by their respective officers thereunto duly authorized, all as of the day and year first above written.

FINANCIAL ASSET SECURITIES CORP.,

as Depositor

By:       /s/ Frank Skibo                                                 

 

Name:

Frank Skibo

 

Title:

Managing Director

CENTEX HOME EQUITY COMPANY, LLC,

as a Servicer

By:       /s/ Shawn W. Stone                                        

 

Name:

Shawn W. Stone

 

Title:

EVP

 

HOMEQ SERVICING CORPORATION,

as a Servicer

By:       /s/ Susan M. Fox                                               

 

Name:

Susan M. Fox

 

 

Title:

Sr. Vice President

JPMORGAN CHASE BANK, N.A. as Trustee

By:       /s/ Steve M. Husbands                                    

 

Name:

Steve M. Husbands

 

 

Title:

Assistanct Vice President

 

 



 

STATE OF_____________

)

 

 

)

ss.:

COUNTY OF___________

)

 

 

On the ____ day of November 2005, before me, a notary public in and for said State, personally appeared _______________ known to me to be a ______________ of Financial Asset Securities Corp., a Delaware corporation that executed the within instrument, and also known to me to be the person who executed it on behalf of said corporation, and acknowledged to me that such corporation executed the within instrument.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

 

Notary Public

 



 

STATE OF_____________

)

 

 

)

ss.:

COUNTY OF___________

)

 

 

On the ____ day of November 2005, before me, a notary public in and for said State, personally appeared _______________ known to me to be a _______________ of Centex Home Equity Company, LLC, a corporation that executed the within instrument, and also known to me to be the person who executed it on behalf of said corporation, and acknowledged to me that such corporation executed the within instrument.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

 

Notary Public

 



 

STATE OF_____________

)

 

 

)

ss.:

COUNTY OF___________

)

 

 

On the ____ day of November 2005, before me, a notary public in and for said State, personally appeared _______________ known to me to be a _______________ of HomEq Servicing Corporation, a corporation that executed the within instrument, and also known to me to be the person who executed it on behalf of said corporation, and acknowledged to me that such corporation executed the within instrument.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

 

Notary Public

 

 



 

STATE OF_____________

)

 

 

)

ss.:

COUNTY OF___________

)

 

 

On the ___ day of November 2005 before me, a notary public in and for said State, personally appeared ______________________________________, known to me to be an _____________________ of JPMorgan Chase Bank, N.A. a national banking association that executed the within instrument, and also known to me to be the person who executed it on behalf of said association, and acknowledged to me that such corporation executed the within instrument.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

 

Notary Public

 



 

EXHIBIT A-1

FORM OF CLASS A-1 CERTIFICATES

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance

of this Certificate (“Denomination”)

:

$251,832,000.00

Original Class Certificate

Principal Balance of this Class

:

$251,832,000.00

Percentage Interest

:

100.00%

Pass-Through Rate

:

4.720% per annum

CUSIP

:

83611P BN 0

Class

:

A-1

Assumed Maturity Date

:

November 25, 2035

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS A-1

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class A-1 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class A-1 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class A-1 Certificate (obtained by dividing the Denomination of this Class A-1 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class A-1 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class A-1 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

Reference is hereby made to the further provisions of this Class A-1 Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class A-1 Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 



 

[Reverse of Class A-1Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-2

FORM OF CLASS A-2 CERTIFICATES

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance

of this Certificate (“Denomination”)

:

$114,854,000.00

Original Class Certificate

Principal Balance of this Class

:

114,854,000.00

Percentage Interest

:

100.00%

Pass-Through Rate

:

5.195% per annum

CUSIP

:

83611P BP 5

Class

:

A-2

Assumed Maturity Date

:

November 25, 2035

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS A-2

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class A-2 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class A-2 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class A-2 Certificate (obtained by dividing the Denomination of this Class A-2 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class A-2 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class A-2 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

Reference is hereby made to the further provisions of this Class A-2 Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class A-2 Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 



 

[Reverse of Class A-2 Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-3

FORM OF CLASS A-3 CERTIFICATES

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance

of this Certificate (“Denomination”)

:

$14,521,000.00

Original Class Certificate

Principal Balance of this Class

:

$14,521,000.00

Percentage Interest

:

100.00%

Pass-Through Rate

:

5.322% per annum

CUSIP

:

83611P BQ 3

Class

:

A-3

Assumed Maturity Date

:

November 25, 2035

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS A-3

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class A-3 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class A-3 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class A-3 Certificate (obtained by dividing the Denomination of this Class A-3 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class A-3 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class A-3 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

Reference is hereby made to the further provisions of this Class A-3 Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class A-3 Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 



 

[Reverse of Class A-3 Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-4

FORM OF CLASS A-4 CERTIFICATES

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance

of this Certificate (“Denomination”)

:

$13,594,000.00

Original Class Certificate

Principal Balance of this Class

:

$13,594,000.00

Percentage Interest

:

100.00%

Pass-Through Rate

:

5.572% per annum

CUSIP

:

83611P BR 1

Class

:

A-4

Assumed Maturity Date

:

November 25, 2035

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS A-4

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class A-4 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class A-4 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class A-4 Certificate (obtained by dividing the Denomination of this Class A-4 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class A-4 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class A-4 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

Reference is hereby made to the further provisions of this Class A-4 Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class A-4 Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 



 

[Reverse of Class A-4 Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-5

FORM OF CLASS A-5 CERTIFICATES

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance

of this Certificate (“Denomination”)

:

$30,577,000.00

Original Class Certificate

Principal Balance of this Class

:

$30,577,000.00

Percentage Interest

:

100.00%

Pass-Through Rate

:

5.943% per annum

CUSIP

:

83611P BS 9

Class

:

A-5

Assumed Maturity Date

:

November 25, 2035

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS A-5

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class A-5 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class A-5 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class A-5 Certificate (obtained by dividing the Denomination of this Class A-5 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class A-5 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class A-5 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

Reference is hereby made to the further provisions of this Class A-5 Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class A-5 Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 



 

[Reverse of Class A-5 Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-6

FORM OF CLASS A-6 CERTIFICATES

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance

of this Certificate (“Denomination”)

:

$17,000,000.00

Original Class Certificate

Principal Balance of this Class

:

$17,000,000.00

Percentage Interest

:

100.00%

Pass-Through Rate

:

5.592% per annum

CUSIP

:

83611P BT 7

Class

:

A-6

Assumed Maturity Date

:

November 25, 2035

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS A-6

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class A-6 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class A-6 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class A-6 Certificate (obtained by dividing the Denomination of this Class A-6 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class A-6 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class A-6 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

Reference is hereby made to the further provisions of this Class A-6 Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class A-6 Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 



 

[Reverse of Class A-6 Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-7

FORM OF CLASS M-1 CERTIFICATES

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATE TO THE CLASS A CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

THE HOLDER OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(D) OF THE POOLING AND SERVICING AGREEMENT.

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance of this Certificate (“Denomination”)

:

$26,794,000.00

Original Class Certificate Principal Balance of this Class

:

$26,794,000.00

Percentage Interest

:

100.00%

Pass-Through Rate

:

Variable

CUSIP

:

83611P BU 4

Class

:

M-1

Assumed Maturity Date

:

November 25, 2035

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS M-1

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class M-1 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class M-1 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class M-1 Certificate (obtained by dividing the Denomination of this Class M-1 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class M-1 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class M-1 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

The holder of this Certificate shall be deemed to have made the representations set forth in Section 5.02(d) of the Pooling and Servicing Agreement.

Reference is hereby made to the further provisions of this Class M-1 Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class M-1 Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 



 

[Reverse of Class M-1 Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-8

FORM OF CLASS M-2 CERTIFICATES

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATE TO THE CLASS A CERTIFICATES AND THE CLASS M-1 CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

THE HOLDER OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(D) OF THE POOLING AND SERVICING AGREEMENT.

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance of this Certificate (“Denomination”)

:

$17,957,000.00

Original Class Certificate

Principal Balance of this Class

:

$17,957,000.00

Percentage Interest

:

100.00%

Pass-Through Rate

:

Variable

CUSIP

:

83611P BV 2

Class

:

M-2

Assumed Maturity Date

:

November 25, 2035

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS M-2

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class M-2 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class M-2 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class M-2 Certificate (obtained by dividing the Denomination of this Class M-2 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class M-2 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class M-2 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

The holder of this Certificate shall be deemed to have made the representations set forth in Section 5.02(d) of the Pooling and Servicing Agreement.

Reference is hereby made to the further provisions of this Class M-2 Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class M-2 Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 



 

[Reverse of Class M-2 Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-9

FORM OF CLASS M-3 CERTIFICATES

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATE TO THE CLASS A CERTIFICATES, THE CLASS M-1 CERTIFICATES AND THE CLASS M-2 CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

THE HOLDER OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(D) OF THE POOLING AND SERVICING AGREEMENT.

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance of this Certificate (“Denomination”)

:

$12,542,000.00

Original Class Certificate Principal Balance of this Class

:

$12,542,000.00

Percentage Interest

:

100.00%

Pass-Through Rate

:

Variable

CUSIP

:

83611P BW 0

Class

:

M-3

Assumed Maturity Date

:

November 25, 2035

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS M-3

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class M-3 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class M-3 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class M-3 Certificate (obtained by dividing the Denomination of this Class M-3 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class M-3 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class M-3 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

The holder of this Certificate shall be deemed to have made the representations set forth in Section 5.02(d) of the Pooling and Servicing Agreement.

Reference is hereby made to the further provisions of this Class M-3 Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class M-3 Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 



 

[Reverse of Class M-3 Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-10

FORM OF CLASS M-4 CERTIFICATES

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATE TO THE CLASS A CERTIFICATES, THE CLASS M-1 CERTIFICATES, THE CLASS M-2 CERTIFICATES, AND THE CLASS M-3 CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

THE HOLDER OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(D) OF THE POOLING AND SERVICING AGREEMENT.

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance of this Certificate (“Denomination”)

:

$9,121,000.00

Original Class Certificate Principal Balance of this Class

:

$9,121,000.00

Percentage Interest

:

100.00%

Pass-Through Rate

:

Variable

CUSIP

:

83611P BX 8

Class

:

M-4

Assumed Maturity Date

:

November 25, 2035

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS M-4

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class M-4 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class M-4 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class M-4 Certificate (obtained by dividing the Denomination of this Class M-4 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class M-4 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class M-4 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

The holder of this Certificate shall be deemed to have made the representations set forth in Section 5.02(d) of the Pooling and Servicing Agreement.

Reference is hereby made to the further provisions of this Class M-4 Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class M-4 Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 



 

[Reverse of Class M-4 Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-11

FORM OF CLASS M-5 CERTIFICATES

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATE TO THE CLASS A CERTIFICATES, THE CLASS M-1 CERTIFICATES, THE CLASS M-2 CERTIFICATES, THE CLASS M-3 CERTIFICATES AND THE CLASS M-4 CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

THE HOLDER OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(D) OF THE POOLING AND SERVICING AGREEMENT.

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance of this Certificate (“Denomination”)

:

$9,406,000.00

Original Class Certificate Principal Balance of this Class

:

$9,406,000.00

Percentage Interest

:

100.00%

Pass-Through Rate

:

83611P BY 6

CUSIP

:

Variable

Class

:

M-5

Assumed Maturity Date

:

November 25, 2035

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS M-5

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class M-5 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class M-5 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class M-5 Certificate (obtained by dividing the Denomination of this Class M-5 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class M-5 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class M-5 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

The holder of this Certificate shall be deemed to have made the representations set forth in Section 5.02(d) of the Pooling and Servicing Agreement.

Reference is hereby made to the further provisions of this Class M-5 Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class M-5 Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 



 

[REVERSE OF CLASS M-5 CERTIFICATE]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-12

FORM OF CLASS M-6 CERTIFICATES

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATE TO THE CLASS A CERTIFICATES, THE CLASS M-1 CERTIFICATES, THE CLASS M-2 CERTIFICATES, THE CLASS M-3 CERTIFICATES, THE CLASS M-4 CERTIFICATES AND THE CLASS M-5 CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

THE HOLDER OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(D) OF THE POOLING AND SERVICING AGREEMENT.

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance of this Certificate (“Denomination”)

:

$7,981,000.00

Original Class Certificate Principal Balance of this Class

:

$7,981,000.00

Percentage Interest

:

100.00%

Pass-Through Rate

:

Variable

CUSIP

:

83611P BZ 3

Class

:

M-6

Assumed Maturity Date

:

November 25, 2035

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS M-6

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class M-6 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class M-6 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class M-6 Certificate (obtained by dividing the Denomination of this Class M-6 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class M-6 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class M-6 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

The holder of this Certificate shall be deemed to have made the representations set forth in Section 5.02(d) of the Pooling and Servicing Agreement.

Reference is hereby made to the further provisions of this Class M-6 Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class M-6 Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 



 

[Reverse of Class M-6 Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-13

FORM OF CLASS M-7 CERTIFICATES

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATE TO THE CLASS A CERTIFICATES, THE CLASS M-1 CERTIFICATES, THE CLASS M-2 CERTIFICATES, THE CLASS M-3 CERTIFICATES, THE CLASS M-4 CERTIFICATES, THE CLASS M-5 CERTIFICATES AND THE CLASS M-6 CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

THE HOLDER OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(D) OF THE POOLING AND SERVICING AGREEMENT.

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance of this Certificate (“Denomination”)

:

$9,121,000.00

Original Class Certificate Principal Balance of this Class

:

$9,121,000.00

Percentage Interest

:

100.00%

Pass-Through Rate

:

Variable

CUSIP

:

83611P CA 7

Class

:

M-7

Assumed Maturity Date

:

November 25, 2035

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS M-7

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class M-7 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class M-7 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class M-7 Certificate (obtained by dividing the Denomination of this Class M-7 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class M-7 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class M-7 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

The holder of this Certificate shall be deemed to have made the representations set forth in Section 5.02(d) of the Pooling and Servicing Agreement.

Reference is hereby made to the further provisions of this Class M-7 Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class M-7 Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 

 



 

[Reverse of Class M-7 Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-14

FORM OF CLASS M-8 CERTIFICATES

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATE TO THE CLASS A CERTIFICATES, THE CLASS M-1 CERTIFICATES, THE CLASS M-2 CERTIFICATES, THE CLASS M-3 CERTIFICATES, THE CLASS M-4 CERTIFICATES, THE CLASS M-5 CERTIFICATES, THE CLASS M-6 CERTIFICATES AND THE CLASS M-7 CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

THE HOLDER OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(D) OF THE POOLING AND SERVICING AGREEMENT.

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance of this Certificate (“Denomination”)

:

$7,126,000.00

Original Class Certificate Principal Balance of this Class

:

$7,126,000.00

Percentage Interest

:

100.00%

Pass-Through Rate

:

Variable

CUSIP

:

83611P CB 5

Class

:

M-8

Assumed Maturity Date

:

November 25, 2035

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS M-8

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class M-8 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class M-8 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class M-8 Certificate (obtained by dividing the Denomination of this Class M-8 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class M-8 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class M-8 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

The holder of this Certificate shall be deemed to have made the representations set forth in Section 5.02(d) of the Pooling and Servicing Agreement.

Reference is hereby made to the further provisions of this Class M-8 Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class M-8 Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 



 

[Reverse of Class M-8 Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-15

FORM OF CLASS M-9 CERTIFICATES

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATE TO THE CLASS A CERTIFICATES, THE CLASS M-1 CERTIFICATES, THE CLASS M-2 CERTIFICATES, THE CLASS M-3 CERTIFICATES, THE CLASS M-4 CERTIFICATES, THE CLASS M-5 CERTIFICATES, THE CLASS M-6 CERTIFICATES, THE CLASS M-7 CERTIFICATES AND THE M-8 CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

THE HOLDER OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(D) OF THE POOLING AND SERVICING AGREEMENT.

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance of this Certificate (“Denomination”)

:

$6,271,000.00

Original Class Certificate Principal Balance of this Class

:

$6,271,000.00

Percentage Interest

:

100.00%

Pass-Through Rate

:

Variable

CUSIP

:

83611P CC 3

Class

:

M-9

Assumed Maturity Date

:

November 25, 2035

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS M-9

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class M-9 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class M-9 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class M-9 Certificate (obtained by dividing the Denomination of this Class M-9 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class M-9 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class M-9 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

The holder of this Certificate shall be deemed to have made the representations set forth in Section 5.02(d) of the Pooling and Servicing Agreement.

Reference is hereby made to the further provisions of this Class M-9 Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class M-9 Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 



 

[Reverse of Class M-9 Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-16

FORM OF CLASS M-10 CERTIFICATES

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATE TO THE CLASS A CERTIFICATES, THE CLASS M-1 CERTIFICATES, CLASS M-2 CERTIFICATES, CLASS M-3 CERTIFICATES, CLASS M-4 CERTIFICATES, CLASS M-5 CERTIFICATES, CLASS M-6 CERTIFICATES, CLASS M-7 CERTIFICATES, CLASS M-8 CERTIFICATES AND CLASS M-9 CERTIFICATES, TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

THE HOLDER OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS SET FORTH IN SECTION 5.02(D) OF THE POOLING AND SERVICING AGREEMENT.

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance of this Certificate (“Denomination”)

:

$4,846,000.00

Original Class Certificate Principal Balance of this Class

:

$4,846,000.00

Percentage Interest

:

100.00%

Pass-Through Rate

:

Variable

CUSIP

:

83611P CD 1

Class

:

M-10

Assumed Maturity Date

:

November 25, 2035

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS M-10

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class M-10 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class M-10 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class M-10 Certificate (obtained by dividing the Denomination of this Class M-10 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class M-10 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class M-10 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

The holder of this Certificate shall be deemed to have made the representations set forth in Section 5.02(d) of the Pooling and Servicing Agreement.

Reference is hereby made to the further provisions of this Class M-10 Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class M-10 Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 

 



 

[Reverse of Class M-10 Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-17

FORM OF CLASS B-1 CERTIFICATES

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATE TO THE CLASS A CERTIFICATES AND THE MEZZANINE CERTIFICATES, TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS OF THE AGREEMENT REFERRED TO HEREIN.

NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED HEREIN.

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

 



 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance of this Certificate (“Denomination”)

:

$5,701,000.00

Original Class Certificate Principal Balance of this Class

:

$5,701,000.00

Percentage Interest

:

100.00%

Pass-Through Rate

:

Variable

CUSIP

:

83611P CE 9

Class

:

B-1

Assumed Maturity Date

:

November 25, 2035

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS B-1

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class B-1 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class B-1 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class B-1 Certificate (obtained by dividing the Denomination of this Class B-1 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class B-1 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class B-1 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

No transfer of a Certificate of this Class shall be made unless such transfer is made pursuant to an effective registration statement under the Act and any applicable sate securities laws or is exempt from the registration requirements under said Act and such laws. In the event that a transfer is to be made in reliance upon an exemption from the Act and such laws, in order to assure compliance with the Act, and such laws, the Certificateholder desiring to effect such transfer and such Certificateholder’s prospective transferee shall each certify to the Trustee and the Depositor in writing the facts surrounding the transfer. The Holder hereof desiring to effect such transfer shall, and does hereby agree to indemnify the Trustee and the Depositor against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.

No transfer of this Certificate to a Plan subject to ERISA or Section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any person using Plan Assets to acquire this Certificate shall be made except in accordance with Section 5.02(d) of the Agreement.

 



 

Reference is hereby made to the further provisions of this Class B-1 Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class B-1 Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 

 



 

[Reverse of Class B-1 Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-18

FORM OF CLASS B-2 CERTIFICATES

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUSTEE OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE IS SUBORDINATE TO THE CLASS A CERTIFICATES, THE MEZZANINE CERTIFICATES AND CLASS B-1 CERTIFICATES, TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS OF THE AGREEMENT REFERRED TO HEREIN.

NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED HEREIN.

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

 



 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance of this Certificate (“Denomination”)

:

$3,135,000.00

Original Class Certificate Principal Balance of this Class

:

$3,135,000.00

Percentage Interest

:

100.00%

Pass-Through Rate

:

Variable

CUSIP

:

83611P CF 6

Class

:

B-2

Assumed Maturity Date

:

November 25, 2035

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS B-2

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class B-2 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class B-2 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class B-2 Certificate (obtained by dividing the Denomination of this Class B-2 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class B-2 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class B-2 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

No transfer of a Certificate of this Class shall be made unless such transfer is made pursuant to an effective registration statement under the Act and any applicable sate securities laws or is exempt from the registration requirements under said Act and such laws. In the event that a transfer is to be made in reliance upon an exemption from the Act and such laws, in order to assure compliance with the Act, and such laws, the Certificateholder desiring to effect such transfer and such Certificateholder’s prospective transferee shall each certify to the Trustee and the Depositor in writing the facts surrounding the transfer. The Holder hereof desiring to effect such transfer shall, and does hereby agree to indemnify the Trustee and the Depositor against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.

No transfer of this Certificate to a Plan subject to ERISA or Section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any person using Plan Assets to acquire this Certificate shall be made except in accordance with Section 5.02(d) of the Agreement.

 



 

Reference is hereby made to the further provisions of this Class B-2 Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class B-2 Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 

 



 

[Reverse of Class B-2 Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-19

FORM OF CLASS C CERTIFICATES

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS OF THE AGREEMENT REFERRED TO HEREIN.

THIS CERTIFICATE IS SUBORDINATE TO THE CLASS A CERTIFICATES, THE MEZZANINE CERTIFICATES AND THE CLASS B CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS OF THE AGREEMENT REFERRED TO HEREIN.

NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED HEREIN.

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance

of this Certificate (“Denomination”)

:

$7,695,553.52

Original Class Certificate

Principal Balance of this Class

:

$7,695,553.52

Percentage Interest

:

100.00%

Class

:

C

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS C

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class C Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class C Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Greenwich Capital Financial Products, Inc. is the registered owner of the Percentage Interest evidenced by this Class C Certificate (obtained by dividing the Denomination of this Class C Certificate by the Original Class Certificate Principal Balance) in certain distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class C Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class C Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

No transfer of a Certificate of this Class shall be made unless such transfer is made pursuant to an effective registration statement under the Act and any applicable state securities laws or is exempt from the registration requirements under said Act and such laws. In the event that a transfer is to be made in reliance upon an exemption from the Act and such laws, in order to assure compliance with the Act and such laws, the Certificateholder desiring to effect such transfer and such Certificateholder’s prospective transferee shall each certify to the Trustee and the Depositor in writing the facts surrounding the transfer. In the event that such a transfer is not to be made pursuant to Rule 144A of the Act, there shall be delivered to the Trustee and the Depositor of an Opinion of Counsel that such transfer may be made pursuant to an exemption from the Act, which Opinion of Counsel shall not be obtained at the expense of the Trustee, the Servicers or the Depositor; or there shall be delivered to the Trustee and the Depositor a transferor certificate by the transferor and an investment letter shall be executed by the transferee. The Holder hereof desiring to effect such transfer shall, and does hereby agree to,

 



indemnify the Trustee and the Depositor against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.

 

No transfer of this Certificate to a Plan subject to ERISA or Section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any person using Plan Assets to acquire this Certificate shall be made except in accordance with Section 5.02(d) of the Agreement.

Reference is hereby made to the further provisions of this Class C Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class C Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 



 

[Reverse of Class C Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-20

FORM OF CLASS P CERTIFICATE

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS OF THE AGREEMENT REFERRED TO HEREIN.

NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED HEREIN.

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Initial Certificate Principal Balance

of this Certificate (“Denomination”)

:

$100.00

Original Class Certificate

Principal Balance of this Class

:

$100.00

Percentage Interest

:

100.00%

Class

:

P

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS P

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class P Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class P Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers, or the Trustee referred to below or any of their respective affiliates.

This certifies that Greenwich Capital Financial Products, Inc. is the registered owner of the Percentage Interest evidenced by this Class P Certificate (obtained by dividing the Denomination of this Class P Certificate by the Original Class Certificate Principal Balance) in certain distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class P Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class P Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

This Certificate does not have a pass-through rate and will be entitled to distributions only to the extent set forth in the Agreement.

No transfer of a Certificate of this Class shall be made unless such transfer is made pursuant to an effective registration statement under the Act and any applicable state securities laws or is exempt from the registration requirements under said Act and such laws. In the event that a transfer is to be made in reliance upon an exemption from the Act and such laws, in order to assure compliance with the Act and such laws, the Certificateholder desiring to effect such transfer and such Certificateholder’s prospective transferee shall each certify to the Trustee and the Depositor in writing the facts surrounding the transfer. In the event that such a transfer is not to be made pursuant to Rule 144A of the Act, there shall be delivered to the Trustee and the Depositor of an Opinion of Counsel that such transfer may be made pursuant to an exemption from the Act, which Opinion of Counsel shall not be obtained at the expense of the Trustee, the Servicers or the Depositor; or there shall be delivered to the Trustee and the Depositor a transferor certificate by the transferor and an investment letter shall be executed by the

 



transferee. The Holder hereof desiring to effect such transfer shall, and does hereby agree to, indemnify the Trustee and the Depositor against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.

No transfer of this Certificate to a Plan subject to ERISA or Section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any person using Plan Assets to acquire this Certificate shall be made except in accordance with Section 5.02(d) of the Agreement.

Reference is hereby made to the further provisions of this Class P Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Class P Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 



 

[Reverse of Class P Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-21

FORM OF CLASS R CERTIFICATE

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “RESIDUAL INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS OF THE AGREEMENT REFERRED TO HEREIN.

THIS CLASS R CERTIFICATE HAS NO PRINCIPAL BALANCE, DOES NOT BEAR INTEREST AND WILL NOT RECEIVE ANY DISTRIBUTIONS EXCEPT AS PROVIDED HEREIN.

NEITHER THIS CERTIFICATE NOR ANY INTEREST HEREIN MAY BE TRANSFERRED UNLESS THE PROPOSED TRANSFEREE DELIVERS TO THE TRUSTEE A TRANSFER AFFIDAVIT IN ACCORDANCE WITH THE PROVISIONS OF THE AGREEMENT REFERRED TO HEREIN.

NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED HEREIN.

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Percentage Interest

:

100.00%

Class

:

R

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS R

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

This Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers or the Trustee referred to below or any of their respective affiliates.

This certifies that Greenwich Capital Markets, Inc. is the registered owner of the Percentage Interest evidenced by this Certificate specified above in the interest represented by all Certificates of the Class to which this Certificate belongs in a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

This Certificate does not have a principal balance or pass-through rate and will be entitled to distributions only to the extent set forth in the Agreement. In addition, any distribution of the proceeds of any remaining assets of the Trust will be made only upon presentment and surrender of this Certificate at the Office or the office or agency maintained by the Trustee.

No transfer of a Certificate of this Class shall be made unless such transfer is made pursuant to an effective registration statement under the Act and any applicable state securities laws or is exempt from the registration requirements under said Act and such laws. In the event that a transfer is to be made in reliance upon an exemption from the Act and such laws, in order to assure compliance with the Act and such laws, the Certificateholder desiring to effect such transfer and such Certificateholder’s prospective transferee shall each certify to the Trustee and the Depositor in writing the facts surrounding the transfer. In the event that such a transfer is not to be made pursuant to Rule 144A of the Act, there shall be delivered to the Trustee and the Depositor of an Opinion of Counsel that such transfer may be made pursuant to an exemption from the Act, which Opinion of Counsel shall not be obtained at the expense of the Trustee, the Servicers or the Depositor; or there shall be delivered to the Trustee and the Depositor a transferor certificate by the transferor and an investment letter shall be executed by the transferee. The Holder hereof desiring to effect such transfer shall, and does hereby agree to, indemnify the Trustee and the Depositor against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.

 



 

No transfer of this Certificate to a Plan subject to ERISA or Section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any person using Plan Assets to acquire this Certificate shall be made except in accordance with Section 5.02(d) of the Agreement.

Each Holder of this Certificate will be deemed to have agreed to be bound by the restrictions of the Agreement, including but not limited to the restrictions that (i) each person holding or acquiring any Ownership Interest in this Certificate must be a Permitted Transferee, (ii) no Ownership Interest in this Certificate may be transferred without delivery to the Trustee of (a) a transfer affidavit of the proposed transferee and (b) a transfer certificate of the transferor, each of such documents to be in the form described in the Agreement, (iii) each person holding or acquiring any Ownership Interest in this Certificate must agree to require a transfer affidavit and to deliver a transfer certificate to the Trustee as required pursuant to the Agreement, (iv) each person holding or acquiring an Ownership Interest in this Certificate must agree not to transfer an Ownership Interest in this Certificate if it has actual knowledge that the proposed transferee is not a Permitted Transferee and (v) any attempted or purported transfer of any Ownership Interest in this Certificate in violation of such restrictions will be absolutely null and void and will vest no rights in the purported transferee. Pursuant to the Agreement, The Trustee will provide the Internal Revenue Service and any pertinent persons with the information needed to compute the tax imposed under the applicable tax laws on transfers of residual interests to disqualified organizations, if any person other than a Permitted Transferee acquires an Ownership Interest on a Class R Certificate in violation of the restrictions mentioned above.

Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized officer of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 



 

[Reverse of Class R Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1 Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT A-22

FORM OF CLASS R-X CERTIFICATES

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “RESIDUAL INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).

THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS OF THE AGREEMENT REFERRED TO HEREIN.

THIS CLASS R-X CERTIFICATE HAS NO PRINCIPAL BALANCE, DOES NOT BEAR INTEREST AND WILL NOT RECEIVE ANY DISTRIBUTIONS EXCEPT AS PROVIDED HEREIN.

NEITHER THIS CERTIFICATE NOR ANY INTEREST HEREIN MAY BE TRANSFERRED UNLESS THE PROPOSED TRANSFEREE DELIVERS TO THE TRUSTEE A TRANSFER AFFIDAVIT IN ACCORDANCE WITH THE PROVISIONS OF THE AGREEMENT REFERRED TO HEREIN.

NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED HEREIN.

 

Certificate No.

:

1

Cut-off Date

:

November 1, 2005

First Distribution Date

:

December 26, 2005

Percentage Interest

:

100.00%

Class

:

R-X

 

 



 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

Series 2005-CTX1

CLASS R-X

evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage Loans”)

FINANCIAL ASSET SECURITIES CORP., AS DEPOSITOR

This Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicers or the Trustee referred to below or any of their respective affiliates.

This certifies that Greenwich Capital Markets, Inc. is the registered owner of the Percentage Interest evidenced by this Certificate specified above in the interest represented by all Certificates of the Class to which this Certificate belongs in a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”) among the Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as servicers (the “Servicers”), and JPMorgan Chase Bank, N.A., a national banking association, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.

This Certificate does not have a principal balance or pass-through rate and will be entitled to distributions only to the extent set forth in the Agreement. In addition, any distribution of the proceeds of any remaining assets of the Trust will be made only upon presentment and surrender of this Certificate at the Office or the office or agency maintained by the Trustee.

No transfer of a Certificate of this Class shall be made unless such transfer is made pursuant to an effective registration statement under the Act and any applicable state securities laws or is exempt from the registration requirements under said Act and such laws. In the event that a transfer is to be made in reliance upon an exemption from the Act and such laws, in order to assure compliance with the Act and such laws, the Certificateholder desiring to effect such transfer and such Certificateholder’s prospective transferee shall each certify to the Trustee and the Depositor in writing the facts surrounding the transfer. In the event that such a transfer is not to be made pursuant to Rule 144A of the Act, there shall be delivered to the Trustee and the Depositor of an Opinion of Counsel that such transfer may be made pursuant to an exemption from the Act, which Opinion of Counsel shall not be obtained at the expense of the Trustee, the Servicers or the Depositor; or there shall be delivered to the Trustee and the Depositor a transferor certificate by the transferor and an investment letter shall be executed by the transferee. The Holder hereof desiring to effect such transfer shall, and does hereby agree to, indemnify the Trustee and the Depositor against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.

 



 

No transfer of this Certificate to a Plan subject to ERISA or Section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any person using Plan Assets to acquire this Certificate shall be made except in accordance with Section 5.02(d) of the Agreement.

Each Holder of this Certificate will be deemed to have agreed to be bound by the restrictions of the Agreement, including but not limited to the restrictions that (i) each person holding or acquiring any Ownership Interest in this Certificate must be a Permitted Transferee, (ii) no Ownership Interest in this Certificate may be transferred without delivery to the Trustee of (a) a transfer affidavit of the proposed transferee and (b) a transfer certificate of the transferor, each of such documents to be in the form described in the Agreement, (iii) each person holding or acquiring any Ownership Interest in this Certificate must agree to require a transfer affidavit and to deliver a transfer certificate to the Trustee as required pursuant to the Agreement, (iv) each person holding or acquiring an Ownership Interest in this Certificate must agree not to transfer an Ownership Interest in this Certificate if it has actual knowledge that the proposed transferee is not a Permitted Transferee and (v) any attempted or purported transfer of any Ownership Interest in this Certificate in violation of such restrictions will be absolutely null and void and will vest no rights in the purported transferee. Pursuant to the Agreement, The Trustee will provide the Internal Revenue Service and any pertinent persons with the information needed to compute the tax imposed under the applicable tax laws on transfers of residual interests to disqualified organizations, if any person other than a Permitted Transferee acquires an Ownership Interest on a Class R-X Certificate in violation of the restrictions mentioned above.

Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

This Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized officer of the Trustee.

 



 

IN WITNESS WHEREOF, the Trustee on behalf of the Trust has caused this Certificate to be duly executed.

Dated: November__, 2005

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

 

 

JPMORGAN CHASE BANK, N.A., not in its individual capacity, but solely as Trustee

By:

 

 

This is one of the Certificates referenced
in the within-mentioned Agreement

 

 

 

By:

 

 

Authorized Signatory of
JPMorgan Chase Bank, N.A.,
as Trustee

 

 



 

[Reverse of Class R-X Certificate]

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates,

SERIES 2005-CTX1

This Certificate is one of a duly authorized issue of Certificates designated as Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (herein collectively called the “Certificates”), and representing a beneficial ownership interest in the Trust created by the Agreement.

The Certificateholder, by its acceptance of this Certificate, agrees that it will look solely to the funds on deposit in the Distribution Account for payment hereunder and that the Trustee is not liable to the Certificateholders for any amount payable under this Certificate or the Agreement or, except as expressly provided in the Agreement, subject to any liability under the Agreement.

This Certificate does not purport to summarize the Agreement and reference is made to the Agreement for the interests, rights and limitations of rights, benefits, obligations and duties evidenced thereby, and the rights, duties and immunities of the Trustee.

Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, then the Business Day immediately following such Distribution Date (the “Distribution Date”), commencing on the first Distribution Date specified on the face hereof, to the Person in whose name this Certificate is registered at the close of business on the applicable Record Date in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to Holders of Certificates of the Class to which this Certificate belongs on such Distribution Date pursuant to the Agreement.

Distributions on this Certificate shall be made by check or money order mailed to the address of the person entitled thereto as it appears on the Certificate Register or by wire transfer or otherwise, as set forth in the Agreement. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the office of the Trustee or the Trustee’s agent specified in the notice to Certificateholders of such final distribution.

The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Servicers and the Trustee and of Holders of the requisite percentage of the Percentage Interests of each Class of Certificates affected by such amendment, as specified in the Agreement. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange therefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.

 



 

As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register of the Certificate Registrar upon surrender of this Certificate for registration of transfer at the offices or agencies of the Trustee as provided in the Pooling and Servicing Agreement accompanied by a written instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar duly executed by the holder hereof or such holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest in the Trust will be issued to the designated transferee or transferees.

The Certificates are issuable only as registered Certificates without coupons in denominations specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, Certificates are exchangeable for new Certificates of the same Class in authorized denominations and evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same.

No service charge will be made for any such registration of transfer or exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

The Depositor, the Servicers and the Trustee and any agent of the Depositor, the Servicers or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Trustee, the Servicers or any such agent shall be affected by any notice to the contrary.

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicers may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement. In the event that no such optional termination occurs, the obligations and responsibilities created by the Agreement will terminate upon notice to the Trustee upon the earliest of (i) the Distribution Date on which the Certificate Principal Balances of the Regular Certificates have been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase by the Servicers of the Mortgage Loans as described in the Agreement and (iv) the Distribution Date in November 2035.

Capitalized terms used herein that are defined in the Agreement shall have the meanings ascribed to them in the Agreement, and nothing herein shall be deemed inconsistent with that meaning.

 



 

ASSIGNMENT

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)

unto

 

 

 

(Please print or typewrite name and address including postal zip code of assignee)

the Percentage Interest evidenced by the within Certificate and hereby authorizes the transfer of registration of such Percentage Interest to assignee on the Certificate Register of the Trust.

I (We) further direct the Trustee to issue a new Certificate of a like denomination and Class, to the above named assignee and deliver such Certificate to the following address:______

 

 

 

Dated:_________________

 

 



 

DISTRIBUTION INSTRUCTIONS

The assignee should include the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available

funds to

 

 

for the account of

 

Account number

 

or, if mailed by check, to

 

Applicable statements should be mailed to

 

 

 

This information is provided by

 

Assignee named above, or

 

its agent.

 

 

 



 

EXHIBIT B

[RESERVED]

 



 

EXHIBIT C

FORM OF ASSIGNMENT AND RECOGNITION AGREEMENT

 



 

ASSIGNMENT AND RECOGNITION AGREEMENT

THIS ASSIGNMENT AND RECOGNITION AGREEMENT, dated November 29, 2005, (“Agreement”) among Greenwich Capital Financial Products, Inc. (“Assignor”), Financial Asset Securities Corp. (“Assignee”) and Centex Home Equity Company, LLC (the “Company”):

For and in consideration of the sum of TEN DOLLARS ($10.00) and other valuable consideration the receipt and sufficiency of which hereby are acknowledged, and of the mutual covenants herein contained, the parties hereto hereby agree as follows:

Assignment and Conveyance

 

1.            The Assignor hereby conveys, sells, grants, transfers and assigns to the Assignee (x) all of the right, title and interest of the Assignor, as purchaser, in, to and under (a) those certain Mortgage Loans listed as being originated by the Company on the schedule (the “Mortgage Loan Schedule”) attached hereto as Exhibit A (the “Mortgage Loans”) and (b) except as described below, that certain Master Mortgage Loan Purchase and Servicing Agreement dated as of June 1, 2004, as amended (the “Purchase Agreement”), between the Assignor, as purchaser (the “Purchaser”), and the Company, as seller, solely insofar as the Purchase Agreement relates to the Mortgage Loans and (y) other than as provided below with respect to the enforcement of representations and warranties, none of the obligations of the Assignor under the Purchase Agreement.

The Assignor specifically reserves and does not assign to the Assignee hereunder (i) any and all right, title and interest in, to and under and any obligations of the Assignor with respect to any mortgage loans subject to the Purchase Agreement which are not the Mortgage Loans set forth on the Mortgage Loan Schedule and are not the subject of this Agreement or (ii) any of the Assignor’s rights pursuant to the sentence pursuant to Section 7.04.

 

Recognition of the Company

 

2.            From and after the date hereof, the Company shall and does hereby recognize that the Assignee will transfer the Mortgage Loans and assign its rights under the Purchase Agreement (solely to the extent set forth herein) and this Agreement to Soundview Home Loan Trust 2005-CTX1 (the “Trust”) created pursuant to a Pooling and Servicing Agreement, dated as of November 1, 2005 (the “Pooling Agreement”), among the Assignee, the Company and HomEq Servicing Corporation as servicers (including their successors in interest and any successor servicers under the Pooling Agreement, the “Servicers”) and JPMorgan Chase Bank, N.A., as trustee (including its successors in interest and any successor trustee under the Pooling Agreement, the “Trustee”). The Company hereby acknowledges and agrees that from and after the date hereof (i) the Trust will be the owner of the Mortgage Loans, (ii) the Company shall look solely to the Trust for performance of any obligations of the Assignor insofar as they relate to the enforcement of the representations, warranties and covenants with respect to the Mortgage Loans, (iii) the Trust (including the Trustee and each of the Servicers acting on the Trust’s behalf) shall have all the rights and remedies available to the Assignor, insofar as they relate to the Mortgage Loans, under the Purchase Agreement, including, without limitation, the

 



enforcement of the document delivery requirements and remedies with respect to breaches of representations and warranties set forth in the Purchase Agreement, and shall be entitled to enforce all of the obligations of the Company thereunder insofar as they relate to the Mortgage Loans, and (iv) all references to the Purchaser (insofar as they relate to the rights, title and interest and, with respect to obligations of the Purchaser, only insofar as they relate to the enforcement of the representations, warranties and covenants of the Company) or the Custodian under the Purchase Agreement insofar as they relate to the Mortgage Loans, shall be deemed to refer to the Trust (including the Trustee and each of the Servicers acting on the Trust’s behalf). Neither the Company nor the Assignor shall amend or agree to amend, modify, waiver, or otherwise alter any of the terms or provisions of the Purchase Agreement which amendment, modification, waiver or other alteration would in any way affect the Mortgage Loans or the Company’s performance under the Purchase Agreement with respect to the Mortgage Loans without the prior written consent of the Trustee.

 

 



Representations and Warranties of the Company

 

3.            The Company warrants and represents to the Assignor, the Assignee and the Trust as of the date hereof that:

(a)          The Company is duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation;

(b)          The Company has full power and authority to execute, deliver and perform its obligations under this Agreement and has full power and authority to perform its obligations under the Purchase Agreement. The execution by the Company of this Agreement is in the ordinary course of the Company’s business and will not conflict with, or result in a breach of, any of the terms, conditions or provisions of the Company’s charter or bylaws or any legal restriction, or any material agreement or instrument to which the Company is now a party or by which it is bound, or result in the violation of any law, rule, regulation, order, judgment or decree to which the Company or its property is subject. The execution, delivery and performance by the Company of this Agreement have been duly authorized by all necessary corporate action on part of the Company. This Agreement has been duly executed and delivered by the Company, and, upon the due authorization, execution and delivery by the Assignor and the Assignee, will constitute the valid and legally binding obligation of the Company, enforceable against the Company in accordance with its terms except as enforceability may be limited by bankruptcy, reorganization, insolvency, moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally, and by general principles of equity regardless of whether enforceability is considered in a proceeding in equity or at law;

(c)          No consent, approval, order or authorization of, or declaration, filing or registration with, any governmental entity is required to be obtained or made by the Company in connection with the execution, delivery or performance by the Company of this Agreement; and

(d)          There is no action, suit, proceeding or investigation pending or threatened against the Company, before any court, administrative agency or other tribunal, which would draw into question the validity of this Agreement or the Purchase Agreement, or which, either in any one instance or in the aggregate, would result in any material adverse change in the ability of the Company to perform its obligations under this Agreement or the Purchase Agreement, and the Company is solvent.

4.            Pursuant to Section 12 of the Purchase Agreement, the Company hereby represents and warrants, for the benefit of the Assignor, the Assignee and the Trust, that the representations and warranties set forth in Sections 7.01 and 7.02 of the Purchase Agreement (set forth on Schedule 1 hereto), are true and correct as of the date hereof as if such representations and warranties were made on the date hereof, except that the representation and warranty set forth in Section 7.02(a) shall, for purposes of this Agreement, relate to the Mortgage Loan Schedule attached hereto.

5.            The Assignor hereby makes the following representations and warranties as of the date hereof:

 



 

(a)          Each Mortgage Loan at the time it was made complied in all material respects with applicable local, state, and federal laws, including, but not limited to, all applicable predatory and abusive lending laws;

(b)          None of the mortgage loans are High Cost as defined by any applicable predatory and abusive lending laws;

(c)          No Mortgage Loan is a high cost loan or a covered loan, as applicable (as such terms are defined in Standard & Poor’s LEVELS Version 5.6B Glossary Revised, Appendix E); and

(d)          No loan originated on or after October 1, 2002 through March 6, 2003 is governed by the Georgia Fair Lending Act.

 

Remedies for Breach of Representations and Warranties

 

6.            The Company hereby acknowledges and agrees that the remedies available to the Assignor, the Assignee and the Trust (including the Trustee and each of the Servicers acting on the Trust’s behalf) in connection with any breach of the representations and warranties made by the Company set forth in Sections 3 and 4 hereof shall be as set forth in Subsection 7.03 of the Purchase Agreement as if they were set forth herein (including without limitation the repurchase and indemnity obligations set forth therein); provided, however, that the purchase price payable to the Trust in respect of a breach of a representation and warranty shall in no event be greater than the unpaid Principal Balance of the related Mortgage Loan plus unpaid accrued interest and any amount owed by the Company in excess of such amount shall be payable to the Assignor.

 

 



Miscellaneous

 

7.            This Agreement shall be construed in accordance with the laws of the State of New York, without regard to conflicts of law principles, and the obligations, rights and remedies of the parties hereunder shall be determined in accordance with such laws.

8.            No term or provision of this Agreement may be waived or modified unless such waiver or modification is in writing and signed by the party against whom such waiver or modification is sought to be enforced, with the prior written consent of the Trustee.

9.            This Agreement shall inure to the benefit of (i) the successors and assigns of the parties hereto and (ii) the Trust (including the Trustee and each of the Servicers acting on the Trust’s behalf). Any entity into which Assignor, Assignee or Company may be merged or consolidated shall, without the requirement for any further writing, be deemed Assignor, Assignee or Company, respectively, hereunder.

10.          Each of this Agreement and the Purchase Agreement shall survive the conveyance of the Mortgage Loans and the assignment of the Purchase Agreement (to the extent assigned hereunder) by Assignor to Assignee and by Assignee to the Trust and nothing contained herein shall supersede or amend the terms of the Purchase Agreement.

11.          This Agreement may be executed simultaneously in any number of counterparts. Each counterpart shall be deemed to be an original and all such counterparts shall constitute one and the same instrument.

12.          In the event that any provision of this Agreement conflicts with any provision of the Purchase Agreement with respect to the Mortgage Loans, the terms of this Agreement shall control.

13.          Capitalized terms used in this Agreement (including the exhibits hereto) but not defined in this Agreement shall have the meanings given to such terms in the Purchase Agreement.

[SIGNATURE PAGE FOLLOWS]

 

 



 

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their duly authorized officers as of the date first above written.

 

GREENWICH CAPITAL FINANCIAL PRODUCTS, INC.

 

By: ______________________________

Name: ____________________________

Title: _____________________________

FINANCIAL ASSET SECURITIES CORP.

 

By: ______________________________

Name: ____________________________

Title: _____________________________

CENTEX HOME EQUITY COMPANY, LLC

 

By: ______________________________

Name: ____________________________

Title: _____________________________

 



 

Schedule 1

 

Representations and Warranties

 

Capitalized terms used herein but not defined in this Schedule 1 shall have the meanings given to such terms in the Purchase Agreement:

 

 

Subsection 7.01.

Representations and Warranties Respecting the Seller .

 

(a)         The Seller represents, warrants and covenants to the Initial Purchaser and to any subsequent Purchaser as of the initial Closing Date and each subsequent Closing Date or as of such date specifically provided herein or in the applicable Assignment and Conveyance:

 

(i)           The Seller is duly organized, validly existing and in good standing under the laws of the state of Delaware and has all licenses necessary to carry on its business as now being conducted. To the extent required by applicable law, it is licensed in, qualified to transact business in and is in good standing under the laws of the state in which any Mortgaged Property is located and is and will remain in compliance with the laws of each state in which any Mortgaged Property is located to the extent necessary to ensure the enforceability of each Mortgage Loan in accordance with the terms of this Agreement. No licenses or approvals obtained by Seller have been suspended or revoked by any court, administrative agency, arbitrator or governmental body and no proceedings are pending which might result in such suspension or revocation;

 

(ii)          The Seller has the full limited liability company power and authority to hold each Mortgage Loan, to sell each Mortgage Loan, and to execute, deliver and perform, and to enter into and consummate, all transactions contemplated by this Agreement. The Seller has duly authorized the execution, delivery and performance of this Agreement, has duly executed and delivered this Agreement, and this Agreement, assuming due authorization, execution and delivery by the Purchaser, constitutes a legal, valid and binding obligation of the Seller, enforceable against it in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency or reorganization;

 

(iii)        The execution and delivery of this Agreement by the Seller and the performance of and compliance with the terms of this Agreement will not violate the Seller's Certificate of Formation or limited liability company agreement or constitute a default under or result in a breach or acceleration of, any material contract, agreement or other instrument to which the Seller is a party or which may be applicable to the Seller or its assets;

 

(iv)         The Seller is not in violation of, and the execution and delivery of this Agreement by the Seller and its performance and compliance with the terms of this Agreement will not constitute a violation with respect to, any order or decree of any court or any order or regulation of any federal, state, municipal or governmental agency having jurisdiction over the Seller or its assets, which violation might have consequences that would materially and adversely affect the condition (financial or otherwise) or the operation of the Seller or its assets or might have

 



consequences that would materially and adversely affect the performance of its obligations and duties hereunder;

 

(vi)         The Seller does not believe, nor does it have any reason or cause to believe, that it cannot perform each and every covenant contained in this Agreement applicable to the Seller;

 

(vii)       Immediately prior to the payment of the Purchase Price for each Mortgage Loan, the Seller was the owner of the related Mortgage and the indebtedness evidenced by the related Mortgage Note and upon the payment of the Purchase Price by the Purchaser;

 

(viii)      There are no actions or proceedings against, or investigations of, the Seller before any court, administrative or other tribunal (A) that might prohibit its entering into this Agreement, (B) seeking to prevent the sale of the Mortgage Loans or the consummation of the transactions contemplated by this Agreement or (C) that might prohibit or materially and adversely affect the performance by the Seller of its obligations under, or the validity or enforceability of, this Agreement;

 

(ix)         No consent, approval, authorization or order of any court or governmental agency or body is required for the execution, delivery and performance by the Seller of, or compliance by the Seller with, this Agreement or the consummation of the transactions contemplated by this Agreement, except for such consents, approvals, authorizations or orders, if any, that have been obtained prior to the Closing Date;

 

(x)          The consummation of the transactions contemplated by this Agreement are in the ordinary course of business of the Seller, and the transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller pursuant to this Agreement are not subject to the bulk transfer or any similar statutory provisions;

 

(xi)         Neither this Agreement nor any written statement, report or other document prepared and furnished or to be prepared and furnished by the Seller pursuant to this Agreement or in connection with the transactions contemplated hereby contains any untrue statement of material fact or omits to state a material fact necessary to make the statements contained herein or therein not misleading;

 

(xii)       The transfer of the Mortgage Loans shall be treated as a sale on the books and records of Seller, and Seller has determined that, and will treat, the disposition of the Mortgage Loans pursuant to this Agreement for tax and accounting purposes as a sale;

 

(xiii)      The consideration received by the Seller upon the sale of the Mortgage loans constitutes fair consideration and reasonably equivalent value for such Mortgage Loans;

 

(xiv)      Seller is solvent and will not be rendered insolvent by the consummation of the transactions contemplated hereby. The Seller is not transferring any Mortgage loan with any intent to hinder, delay or defraud any of its creditors; and

 

 



 

(xv)        The Seller is the sole legal, beneficial and equitable owner of the Mortgage Note and the Mortgage and has full right to transfer and sell the Mortgage Loan to the Purchaser free and clear of any encumbrance, equity, lien, pledge, charge, claim or security interest.

 

(b)        The Servicer represents, warrants and covenants to the Initial Purchaser and to any subsequent Purchaser as of the initial Closing Date and each subsequent Closing Date or as of such date specifically provided herein or in the applicable Assignment and Conveyance:

 

(i)           The Servicer is duly organized, validly existing and in good standing under the laws of the state of Delaware and has all licenses necessary to carry on its business as now being conducted. It is licensed in, qualified to transact business in and is in good standing under the laws of the state in which any Mortgaged Property is located and is and will remain in compliance with the laws of each state in which any Mortgaged Property is located to the extent necessary to ensure the enforceability of each Mortgage Loan and the servicing of the Mortgage Loan in accordance with the terms of this Agreement. No licenses or approvals obtained by Servicer have been suspended or revoked by any court, administrative agency, arbitrator or governmental body and no proceedings are pending which might result in such suspension or revocation;

 

(ii)          The Servicer has the full power and authority to execute, deliver and perform, and to enter into and consummate, all transactions contemplated by this Agreement. The Servicer has duly authorized the execution, delivery and performance of this Agreement, has duly executed and delivered this Agreement, and this Agreement, assuming due authorization, execution and delivery by the Purchaser, constitutes a legal, valid and binding obligation of the Servicer, enforceable against it in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency or reorganization;

 

(iii)        The execution and delivery of this Agreement by the Servicer and the performance of and compliance with the terms of this Agreement will not violate the Servicer's Certificate of Formation and limited liability company agreement or constitute a default under or result in a breach or acceleration of, any material contract, agreement or other instrument to which the Servicer is a party or which may be applicable to the Servicer or its assets;

 

(iv)         The Servicer is not in violation of, and the execution and delivery of this Agreement by the Servicer and its performance and compliance with the terms of this Agreement will not constitute a violation with respect to, any order or decree of any court or any order or regulation of any federal, state, municipal or governmental agency having jurisdiction over the Servicer or its assets, which violation might have consequences that would materially and adversely affect the condition (financial or otherwise) or the operation of the Servicer or its assets or might have consequences that would materially and adversely affect the performance of its obligations and duties hereunder;

 

(v)          The Servicer is an approved seller/servicer for FNMA. No event has occurred, including but not limited to a change in insurance coverage, which would make the Servicer unable to comply with FNMA eligibility requirements or which would require notification to FNMA;

 



 

(vi)         The Servicer does not believe, nor does it have any reason or cause to believe, that it cannot perform each and every covenant contained in this Agreement;

 

(vii)       The Mortgage Note, the Mortgage, the Assignment of Mortgage and any other documents required to be delivered with respect to each Mortgage Loan pursuant to the Custodial Agreement, have been delivered to the Custodian all in compliance with the specific requirements of the Custodial Agreement. With respect to each Mortgage Loan, the Servicer is in possession of a complete Mortgage File in compliance with Exhibit 5, except for such documents as have been delivered to the Custodian;

 

(viii)      In the event that the Servicer retains record title, the Servicer shall retain such record title to each Mortgage, each related Mortgage Note and the related Mortgage Files with respect thereto in trust for the Purchaser as the owner thereof and only for the purpose of servicing and supervising the servicing of each Mortgage Loan;

 

(ix)         There are no actions or proceedings against, or investigations of, the Servicer before any court, administrative or other tribunal (A) that might prohibit its entering into this Agreement, (B) seeking to prevent the consummation of the transactions contemplated by this Agreement or (C) that might prohibit or materially and adversely affect the performance by the Servicer of its obligations under, or the validity or enforceability of, this Agreement;

 

(x)          No consent, approval, authorization or order of any court or governmental agency or body is required for the execution, delivery and performance by the Servicer of, or compliance by the Servicer with, this Agreement or the consummation of the transactions contemplated by this Agreement, except for such consents, approvals, authorizations or orders, if any, that have been obtained prior to the Closing Date;

 

(xi)         Servicer shall maintain complete records for each Mortgage Loan which shall be clearly marked to reflect the ownership of each Mortgage Loan by Purchaser;

 

(xii)       The information delivered by the Servicer to the Purchaser with respect to the Servicer's loan loss, foreclosure and delinquency experience for the twelve (12) months immediately preceding the Initial Closing Date on mortgage loans underwritten to similar standards as the Mortgage Loans and covering mortgaged properties similar to the Mortgaged Properties, is true and correct in all material respects; and

 

(xiii)      Neither this Agreement nor any written statement, report or other document prepared and furnished or to be prepared and furnished by the Servicer pursuant to this Agreement or in connection with the transactions contemplated hereby contains any untrue statement of material fact or omits to state a material fact necessary to make the statements contained herein or therein not misleading.

 

Subsection 7.02.           Representations and Warranties Regarding Individual Mortgage Loans.

 

 



 

The Servicer hereby represents and warrants to the Initial Purchaser and to any subsequent Purchaser that, as to each Mortgage Loan, as of the related Closing Date for such Mortgage Loan:

 

(i)           The information set forth in the related Mortgage Loan Schedule is complete, true and correct;

 

(ii)          The Mortgage Loan is in compliance with all requirements set forth in the related Confirmation, and the characteristics of the related Mortgage Loan Package as set forth in the related Confirmation are true and correct;

 

(iii)        All payments required to be made up to the close of business on the Closing Date for such Mortgage Loan under the terms of the Mortgage Note have been made; the Servicer has not advanced funds, or induced, solicited or knowingly received any advance of funds from a party other than the owner of the related Mortgaged Property, directly or indirectly, for the payment of any amount required by the Mortgage Note or Mortgage; and, except to the extent specified on the Mortgage Loan Schedule, there has been no delinquency, exclusive of any period of grace, in any payment by the Mortgagor thereunder since the origination of the Mortgage Loan;

 

(iv)         There are no delinquent taxes, assessments, insurance premiums, including assessments payable in future installments or other outstanding charges affecting the related Mortgaged Property, including ground rents, water charges, sewer rents or leasehold payments which may become a lien on the related Mortgaged Property;

 

(v)          The terms of the Mortgage Note and the Mortgage have not been impaired, waived, altered or modified in any respect, except by written instruments, recorded in the applicable public recording office if necessary to maintain the lien priority of the Mortgage, and which have been delivered to the Custodian; the substance of any such waiver, alteration or modification has been approved by the title insurer, to the extent required by the related policy, and is reflected on the related Mortgage Loan Schedule. No instrument of waiver, alteration or modification has been executed, and no Mortgagor has been released, in whole or in part, except in connection with an assumption agreement approved by the title insurer, to the extent required by the policy, and which assumption agreement has been delivered to the Custodian and the terms of which are reflected in the related Mortgage Loan Schedule;

 

(vi)         The Mortgage Note and the Mortgage are not subject to any right of rescission, set-off, counterclaim or defense, including the defense of usury, nor will the operation of any of the terms of the Mortgage Note and the Mortgage, or the exercise of any right thereunder, render the Mortgage unenforceable, in whole or in part, or subject to any right of rescission, set-off, counterclaim or defense, including the defense of usury and no such right of rescission, set-off, counterclaim or defense has been asserted with respect thereto;

 

(vii)       All buildings upon the Mortgaged Property are insured by an insurer acceptable to FNMA and FHLMC against loss by fire, hazards of extended coverage and such other hazards as are customary in the area where the Mortgaged Property is located, pursuant to insurance

 



policies providing coverage in an amount not less than the greatest of (i) 100% of the replacement cost of all improvements to the Mortgaged Property, (ii) either (A) the outstanding principal balance of the Mortgage Loan with respect to each first lien Mortgage Loan or (B) with respect to each second lien Mortgage Loan, the sum of the outstanding principal balance of the first lien Mortgage Loan and the outstanding principal balance of the second lien Mortgage Loan, (iii) the amount necessary to avoid the operation of any co-insurance provisions with respect to the Mortgaged Property, or (iv) the amount necessary to fully compensate for any damage or loss to the improvements that are a part of such property on a replacement cost basis; provided that, such amount shall not exceed the amount permitted under applicable law. All such insurance policies contain a standard mortgagee clause naming the Seller or the Servicer, its successors and assigns as mortgagee and all premiums thereon have been paid. If the Mortgaged Property is in an area identified on a Flood Hazard Map or Flood Insurance Rate Map issued by the Federal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available) a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to the requirements of FNMA and FHLMC. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and on the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor;

 

(viii)      Any and all requirements of any federal, state or local law including, without limitation, usury, truth in lending, real estate settlement procedures, predatory and abusive lending, consumer credit protection, equal credit opportunity, fair housing or disclosure laws applicable to the origination and servicing of mortgage loans of a type similar to the Mortgage Loans have been complied with;

 

(ix)         The Mortgage has not been satisfied, cancelled, subordinated or rescinded, in whole or in part, and the Mortgaged Property has not been released from the lien of the Mortgage, in whole or in part, nor has any instrument been executed that would effect any such satisfaction, cancellation, subordination, rescission or release;

 

(x)          The Mortgage is a valid, existing and enforceable (A) first lien and first priority security interest with respect to each Mortgage Loan which is indicated by the Seller to be a first lien (as reflected on the Mortgage Loan Schedule), or (B) second lien and second priority security interest with respect to each Mortgage Loan which is indicated by the Seller to be a second lien (as reflected on the Mortgage Loan Schedule), in either case, on the Mortgaged Property, including all improvements on the Mortgaged Property subject only to (a) the lien of current real property taxes and assessments not yet due and payable, (b) covenants, conditions and restrictions, rights of way, easements and other matters of the public record as of the date of recording being acceptable to mortgage lending institutions generally and specifically referred to in the lender's title insurance policy delivered to the originator of the Mortgage Loan and which do not adversely affect the Appraised Value of the Mortgaged Property, (c) with respect to each Mortgage Loan which is indicated by the Seller to be a second lien Mortgage Loan (as reflected on the Mortgage Loan Schedule) a first lien on the Mortgaged Property; and (d) other matters to which like properties are commonly subject which do not materially interfere with the benefits of the security intended to be provided by the Mortgage or the use, enjoyment, value or

 



marketability of the related Mortgaged Property. Any security agreement, chattel mortgage or equivalent document related to and delivered in connection with the Mortgage Loan establishes and creates a valid, existing and enforceable first or second lien and first or second priority security interest (in each case, as indicated on the Mortgage Loan Schedule) the property described therein and the Seller has full right to sell and assign the same to the Purchaser;

 

(xi)         The Mortgage Note and the related Mortgage are genuine and each is the legal, valid and binding obligation of the maker thereof, enforceable in accordance with its terms;

 

(xii)       All parties to the Mortgage Note and the Mortgage had legal capacity to enter into the Mortgage Loan and to execute and deliver the Mortgage Note and the Mortgage, and the Mortgage Note and the Mortgage have been duly and properly executed by such parties. The Mortgagor is a natural person;

 

(xiii)      The proceeds of the Mortgage Loan have been fully disbursed to or for the account of the Mortgagor and there is no obligation for the Mortgagee to advance additional funds thereunder and any and all requirements as to completion of any on-site or off-site improvement and as to disbursements of any escrow funds therefor have been complied with. All costs, fees and expenses incurred in making or closing the Mortgage Loan and the recording of the Mortgage have been paid, and the Mortgagor is not entitled to any refund of any amounts paid or due to the Mortgagee pursuant to the Mortgage Note or Mortgage;

 

(xiv)      All parties which have had any interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) in compliance with any and all applicable “doing business” and licensing requirements of the laws of the state wherein the Mortgaged Property is located;

 

(xv)        The Mortgage Loan is covered by an ALTA lender’s title insurance policy acceptable to prudent lenders in the secondary market, issued by a title insurer acceptable to FNMA and FHLMC and qualified to do business in the jurisdiction where the Mortgaged Property is located, insuring (subject to the exceptions contained in (x)(a) and (b), and with respect to any second lien Mortgage Loan (c), above) the Seller or the Servicer, its successors and assigns as to the first or second priority lien (as indicated on the Mortgage Loan Schedule) of the Mortgage in the original principal amount of the Mortgage Loan and, with respect to any Adjustable Rate Mortgage Loan, against any loss by reason of the invalidity or unenforceability of the lien resulting from the provisions of the Mortgage providing for adjustment in the Mortgage Interest Rate and Monthly Payment. The Seller or the Servicer is the sole insured of such lender's title insurance policy, and such lender’s title insurance policy is in full force and effect and will be in full force and effect upon the consummation of the transactions contemplated by this Agreement. No claims have been made under such lender's title insurance policy, and no prior holder of the related Mortgage, including the Seller, has done, by act or omission, anything which would impair the coverage of such lender's title insurance policy;

 

(xvi)      There is no default, breach, violation or event of acceleration existing under the Mortgage or the Mortgage Note and no event which, with the passage of time or with notice and the expiration of any grace or cure period, would constitute a default, breach, violation or event

 



of acceleration, and the Servicer has not waived any default, breach, violation or event of acceleration. With respect to each second lien Mortgage Loan (i) the related first lien mortgage loan is in full force and effect, (ii) there is no default, breach, violation or event of acceleration existing under such first lien mortgage or the related mortgage note, (iii) no event which, with the passage of time or with notice and the expiration of any grace or cure period, would constitute a default, breach, violation or event of acceleration thereunder, and either (A) the first lien mortgage contains a provision which allows or (B) applicable law requires, the mortgagee under the second lien Mortgage Loan to receive notice of, and affords such mortgagee an opportunity to cure any default by payment in full or otherwise under the first lien mortgage;

 

(xvii)     There are no mechanics' or similar liens or claims which have been filed for work, labor or material (and no rights are outstanding that under law could give rise to such lien) affecting the related Mortgaged Property which are or may be liens prior to, or equal or coordinate with, the lien of the related Mortgage;

 

(xviii)    All improvements which were considered in determining the Appraised Value of the related Mortgaged Property lay wholly within the boundaries and building restriction lines of the Mortgaged Property, and no improvements on adjoining properties encroach upon the Mortgaged Property;

 

(xix)      The Mortgage Loan was originated by the Servicer or by a savings and loan association, a savings bank, a commercial bank or similar banking institution which is supervised and examined by a federal or state authority, or by a mortgagee approved as such by the Secretary of HUD, or by a state chartered and regulated mortgage lender or banker;

 

(xx)        Principal payments on the Mortgage Loan commenced no more than sixty days after the proceeds of the Mortgage Loan were disbursed. The Mortgage Loan bears interest at the Mortgage Interest Rate. With respect to each Mortgage Loan (other than a Balloon Mortgage Loan), the Mortgage Note is payable on the first day of each month in Monthly Payments, which, in the case of a Fixed Rate Mortgage Loan, are sufficient to fully amortize the original principal balance over the original term thereof and to pay interest at the related Mortgage Interest Rate, and, in the case of an Adjustable Rate Mortgage Loan, are changed on each Adjustment Date, and in any case, are sufficient to fully amortize the original principal balance over the original term thereof and to pay interest at the related Mortgage Interest Rate. With respect to each Balloon Mortgage Loan, the Mortgage Note requires a monthly payment which is sufficient to fully amortize the original principal balance over a term longer than the original term thereof and to pay interest at the related Mortgage Interest Rate and requires a final Monthly Payment substantially greater than the preceding monthly payment which is sufficient to repay the remained unpaid principal balance of the Balloon Mortgage Loan as the Due Date of such monthly payment. The Index for each Adjustable Rate, Mortgage Loan is as defined in the related Confirmation. The Mortgage Note does not permit negative amortization. No Mortgage Loan is a Convertible Mortgage Loan;

 

(xxi)      The origination and collection practices used by the Servicer with respect to each Mortgage Note and Mortgage have been in all respects legal, proper, prudent and customary in the mortgage origination and servicing industry. The Mortgage Loan has been serviced by the

 



Servicer and any predecessor servicer in accordance with the terms of the Mortgage Note. With respect to escrow deposits and Escrow Payments, if any, all such payments are in the possession of, or under the control of, the Servicer and there exist no deficiencies in connection therewith for which customary arrangements for repayment thereof have not been made. No escrow deposits or Escrow Payments or other charges or payments due the Seller or Servicer have been capitalized under any Mortgage or the related Mortgage Note and no such escrow deposits or Escrow Payments are being held by the Seller or Servicer for any work on a Mortgaged Property which has not been completed; provided that, certain Insurance Proceeds may be held by the Servicer in escrow pending the completion of repairs which are required to be made to a Mortgaged Property in connection with the payment of such Insurance Proceeds;

 

(xxii)     The Mortgaged Property is free of damage and waste and there is no proceeding pending for the total or partial condemnation thereof;

 

(xxiii)    The Mortgage and related Mortgage Note contain customary and enforceable provisions such as to render the rights and remedies of the holder thereof adequate for the realization against the Mortgaged Property of the benefits of the security provided thereby, including, (a) in the case of a Mortgage designated as a deed of trust, by trustee's sale, and (b) otherwise by judicial foreclosure. The Mortgaged Property is not subject to any bankruptcy proceeding or foreclosure proceeding and the Mortgagor has not filed for protection under applicable bankruptcy laws. There is no homestead or other exemption available to the Mortgagor which would interfere with the right to sell the Mortgaged Property at a trustee's sale or the right to foreclose the Mortgage. The Mortgagor has not notified the Servicer and the Servicer has no knowledge of any relief requested or allowed to the Mortgagor under the Servicemembers’ Civil Relief Act;

 

(xxiv)    The Mortgage Loan was underwritten in accordance with the underwriting standards of Centex Home Equity Company, LLC in effect at the time the Mortgage Loan was originated; and the Mortgage Note and Mortgage are on forms acceptable to prudent lenders in the secondary market;

 

(xxv)     The Mortgage Note is not and has not been secured by any collateral except the lien of the corresponding Mortgage on the Mortgaged Property and the security interest of any applicable security agreement or chattel mortgage referred to in (x) above;

 

(xxvi)    The Mortgage File contains an appraisal of the related Mortgaged Property which satisfied the standards of FNMA and FHLMC, was on appraisal form 1004 or form 2055 with an interior inspection and was made and signed, prior to the approval of the Mortgage Loan application, by a qualified appraiser, duly appointed by the Servicer, who had no interest, direct or indirect in the Mortgaged Property or in any loan made on the security thereof, whose compensation is not affected by the approval or disapproval of the Mortgage Loan. Each appraisal of the Mortgage Loan was made in accordance with the relevant provisions of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989;

 

(xxvii)   In the event the Mortgage constitutes a deed of trust, a trustee, duly qualified under applicable law to serve as such, has been properly designated and currently so serves and

 



is named in the Mortgage, and no fees or expenses are or will become payable by the Purchaser to the trustee under the deed of trust, except in connection with a trustee's sale after default by the Mortgagor;

 

(xxviii) No Mortgage Loan contains provisions pursuant to which Monthly Payments are (a) paid or partially paid with funds deposited in any separate account established by the Servicer, the Mortgagor, or anyone on behalf of the Mortgagor, (b) paid by any source other than the Mortgagor or (c) contains any other similar provisions which may constitute a “buydown” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;

 

(xxix)    The Mortgagor has executed a statement to the effect that the Mortgagor has received all disclosure materials required by applicable law with respect to the making of fixed rate mortgage loans in the case of Fixed Rate Mortgage Loans, and adjustable rate mortgage loans in the case of Adjustable Rate Mortgage Loans and rescission materials with respect to Refinanced Mortgage Loans, and such statement is and will remain in the Mortgage File;

 

(xxx)     No Mortgage Loan was made in connection with (a) the construction or rehabilitation of a Mortgaged Property or (b) facilitating the trade-in or exchange of a Mortgaged Property;

(xxxi)    The Servicer has no knowledge of any circumstances or condition with respect to the Mortgage, the Mortgaged Property, the Mortgagor or the Mortgagor's credit standing that can reasonably be expected to cause the Mortgage Loan to be an unacceptable investment, cause the Mortgage Loan to become delinquent, or adversely affect the value of the Mortgage Loan;

 

 

(xxxii)

No Mortgage Loan had an LTV or a CLTV at origination in excess of 100%;

 

(xxxiii) The Mortgaged Property is lawfully occupied under applicable law; all inspections, licenses and certificates required to be made or issued with respect to all occupied portions of the Mortgaged Property and, with respect to the use and occupancy of the same, including but not limited to certificates of occupancy, have been made or obtained from the appropriate authorities;

 

(xxxiv) No error, omission, misrepresentation, negligence, fraud or similar occurrence with respect to a Mortgage Loan has taken place on the part of any person, including without limitation the Mortgagor, any appraiser, any builder or developer, or any other party involved in the origination of the Mortgage Loan or in the application of any insurance in relation to such Mortgage Loan;

 

(xxxv)   The Assignment of Mortgage is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located;

 

(xxxvi) Any principal advances made to the Mortgagor prior to the Cut-off Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term. The lien of the Mortgage securing the consolidated principal amount is expressly insured as

 



having first or second (as indicated on the Mortgage Loan Schedule) lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee's consolidated interest. The consolidated principal amount does not exceed the original principal amount of the Mortgage Loan;

 

(xxxvii)              Except to the extent specified on the Mortgage Loan Schedule, no Mortgage Loan has a balloon payment feature;

 

(xxxviii)             If the Residential Dwelling on the Mortgaged Property is a condominium unit or a unit in a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project meets the eligibility requirements of FNMA and FHLMC;

 

(xxxix) With respect to each Mortgage Loan, the Servicer has fully and accurately furnished complete information on the related borrower credit files to Equifax, Experian or Trans Union Credit Information Company, in accordance with the Fair Credit Reporting Act and its implementing regulations, on a monthly basis and the Servicer for each Loan will furnish, in accordance with the Fair Credit Reporting Act and its implementing regulations, accurate and complete information on its borrower credit files to Equifax, Experian, or Trans Union Credit Information Company, on a monthly basis. The Servicer shall report to all three of such firms with respect to any Mortgage Loan which is sold to FNMA or which becomes subject to a FNMA conforming tranche of any Pass-Through Transfer;

 

(xl)         The source of the down payment with respect to each Mortgage Loan has been fully verified by the Servicer;

 

(xli)       Interest on each Mortgage Loan is calculated on the basis of a 360-day year consisting of twelve 30-day months;

 

(xlii)      The Servicer shall, at its own expense, cause each Mortgage Loan to be covered by a Tax Service Contract which is assignable to the Purchaser or its designee; provided however, that if the Servicer fails to purchase such Tax Service Contract, the Servicer shall be required to reimburse the Purchaser for all costs and expenses incurred by the Purchaser in connection with the purchase of any such Tax Service Contract;

 

(xliii)     Each Mortgage Loan is covered by a Flood Zone Service Contract which is assignable to the Purchaser or its designee or, for each Mortgage Loan not covered by such Flood Zone Service Contract, the Servicer agrees to purchase such Flood Zone Service Contract;

 

(xliv)     The Mortgaged Property is in material compliance with all applicable environmental laws pertaining to environmental hazards including, without limitation, asbestos, and neither the Servicer nor, to the Servicer’s knowledge, the related Mortgagor, has received any notice of any violation or potential violation of such law;

 

(xlv)      No Mortgage Loan is (a) subject to the provisions of the Homeownership and Equity Protection Act of 1994 as amended (“HOEPA”), (b) a “high cost home”, “covered”

 



(excluding home loans defined as “covered home loans” pursuant to clause (1) of the definition of that term in the New Jersey Home Ownership Security Act), “high risk home”, or “predatory” loan under any other applicable state, federal, or local law, (c) a similarly classified loan using different terminology under a law imposing heightened regulatory scrutiny or additional legal liability for residential mortgage loans having high interest rates, points and/or fees, or (d) a High Cost Loan or Covered Loan, as applicable (as such terms are defined in the current Standard & Poor’s LEVELS® Glossary Revised, Appendix E, (excluding home loans defined as “covered home loans” pursuant to clause (1) of the definition of that term in the New Jersey Home Ownership Security Act and “home loans” subject to the City of Los Angeles California Ordinance 175008));

 

(xlvi)     No predatory, abusive, or deceptive lending practices, including but not limited to, the extension of credit to a mortgagor without regard for the mortgagor’s ability to repay the Mortgage Loan and the extension of credit to a mortgagor which has no apparent benefit to the mortgagor, were employed in connection with the origination of the Mortgage Loan;

 

(xlv)      The debt-to-income ratio of the related Mortgagor was not greater than 60% at the origination of the related Mortgage Loan;

 

(xlvi)     No Mortgagor was required to purchase any credit life, disability, accident or health insurance product as a condition of obtaining the extension of credit. No Mortgagor obtained a prepaid single premium credit life, disability, accident or health insurance policy in connection with the origination of the Mortgage Loan. No proceeds from any Mortgage Loan were used to purchase single premium credit insurance policies as part of the origination of, or as a condition to closing, such Mortgage Loan;

 

(xlvii)    The Mortgage contains an enforceable provision for the acceleration of the payment of the unpaid principal balance of the Mortgage Loan in the event that the Mortgaged Property is sold or transferred without the prior written consent of the mortgagee thereunder;

 

(xlviii)  The Mortgage Loan complies with all applicable consumer credit statutes and regulations, including, without limitation, the respective Uniform Consumer Credit Code laws in effect in Colorado, Idaho, Indiana, Iowa, Kansas, Maine, Oklahoma, South Carolina, Utah and Wyoming, has been originated by a properly licensed entity, and in all other respects, complies with all of the material requirements of any such applicable laws;

 

(xlix)     The information set forth in the Prepayment Charge Schedule is complete, true and correct in all material respects and each Prepayment Charge is permissible, enforceable and collectable under applicable federal and state law;

 

(l)           The Mortgage Loan was not prepaid in full prior to the Closing Date and the Servicer has not received notification from a Mortgagor that a prepayment in full shall be made after the Closing Date;

 

 



 

(li)          No Mortgage Loan is secured by cooperative housing, commercial property or mixed use property;

 

(lii)        As of the related Closing Date, each Mortgage Loan is eligible for sale in the secondary market or for inclusion in a Pass-Through Transfer without unreasonable credit enhancement;

 

(liii)       All points, fees and charges related to each Mortgage Loan (whether or not financed, assessed, collected or to be collected in connection with the origination and servicing of each Mortgage Loan) were disclosed in writing to the Mortgagor in accordance with applicable state and federal law and regulation;

 

(liv)       Except as set forth on the related Mortgage Loan Schedule, none of the Mortgage Loans are subject to a prepayment penalty. For any Mortgage Loan originated prior to October 1, 2002 that is subject to a prepayment penalty, such prepayment penalty does not extend beyond five years after the date of origination. Notwithstanding any state or federal law to the contrary, the Servicer shall not impose such prepayment premium in any instance when the mortgage debt is accelerated as the result of the Mortgagor's default in making the loan payments;

 

(lv)         The Servicer has complied with all applicable anti-money laundering laws and regulations, including without limitation the USA Patriot Act of 2001 (collectively, the "Anti-Money Laundering Laws"); the Servicer has established an anti-money laundering compliance program as required by the Anti-Money Laundering Laws, has conducted the requisite due diligence in connection with the origination of each Mortgage Loan for purposes of the Anti-Money Laundering Laws, including with respect to the legitimacy of the applicable Mortgagor and the origin of the assets used by the said Mortgagor to purchase the property in question, and maintains, and will maintain, sufficient information to identify the applicable Mortgagor for purposes of the Anti-Money Laundering Laws. No Mortgage Loan is subject to nullification pursuant to Executive Order 13224 (the “Executive Order”) or the regulations promulgated by the Office of Foreign Assets Control of the United States Department of the Treasury (the “OFAC Regulations”) or in violation of the Executive Order or the OFAC Regulations, and no Mortgagor is subject to the provisions of such Executive Order or the OFAC Regulations nor listed as a “blocked person” for purposes of the OFAC Regulations;

 

(lvi)       No Mortgage Loan is secured by real property or secured by a manufactured home located in the state of Georgia unless (x) such Mortgage Loan was originated prior to October 1, 2002 or after March 6, 2003, or (y) the property securing the Mortgage Loan is not, nor will be, occupied by the Mortgagor as the Mortgagor’s principal dwelling. No Mortgage Loan is a “High Cost Home Loan” as defined in the Georgia Fair Lending Act, as amended (the “Georgia Act”). Each Mortgage Loan that is a “Home Loan” under the Georgia Act complies with all applicable provisions of the Georgia Act. No Mortgage Loan subject to the Georgia Act and secured by owner occupied real property or an owner occupied manufactured home located in the State of Georgia was originated (or modified) on or after October 1, 2002 through and including March 6, 2003;

 

 



 

(lvii)      The methodology used in underwriting the extension of credit for each Mortgage Loan employs objective principles which relate the Mortgagor's income, assets and liabilities to the proposed payment and such underwriting methodology does not rely on the extent of the Mortgagor's equity in the collateral as the principal determining factor in approving such credit extension. Such underwriting methodology confirmed that at the time of origination (application/approval) the Mortgagor had a reasonable ability to make timely payments on the Mortgage Loan;

 

(lviii)     With respect to any Mortgage Loan which is secured by manufactured housing, such Mortgage Loan satisfies the requirements for inclusion in residential mortgage backed securities transactions rated by Standard & Poor's Ratings Services;

 

(lix)       No Mortgage Loan (a) is secured by property located in the State of New York; (b) had an unpaid principal balance at origination of $300,000 or less, and (c) has an application date on or after April 1, 2003, the terms of which Mortgage Loan equal or exceed either the APR or the points and fees threshold for “high-cost home loans”, as defined in Section 6-1 of the New York State Banking Law;

 

(lx)         No Mortgage Loan is a “High-Cost” loan as defined under the New York Banking Law Section 6-1, effective as of April 1, 2003;

 

(lxi)       No Mortgage Loan is a "High Cost Home Loan" as defined in the Arkansas Home Loan Protection Act effective July 16, 2003 (Act 1340 or 2003);

 

(lxii)      No Mortgage Loan is a "High Cost Home Loan" as defined in the Kentucky high-cost loan statute effective June 24, 2003 (Ky. Rev. Stat. Section 360.100);

 

(lxiii)     No Mortgage Loan secured by property located in the State of Nevada is a "home loan" as defined in the Nevada Assembly Bill No. 284;

 

(lxiv)     No Mortgage Loan is a “manufactured housing loan” or “home improvement home loan” pursuant to the New Jersey Home Ownership Act. No Mortgage Loan is a "High-Cost Home Loan" or a refinanced “Covered Home Loan,” in each case, as defined in the New Jersey Home Ownership Act effective November 27, 2003 (N.J.S.A. 46;10B-22 et seq.);

 

(lxv)      Each Mortgage Loan constitutes a "qualified mortgage" under Section 860G(a)(3)(A) of the Code and Treasury Regulation Section 1.860G-2(a)(1);

 

(lxvi)     No Mortgage Loan is a subsection 10 mortgage under the Oklahoma Home Ownership and Equity protection Act;

 

(lxvii)    No Mortgage Loan is a "High-Cost Home Loan" as defined in the New Mexico Home Loan Protection Act effective January 1, 2004 (N.M. Stat. Ann. §§ 58-21A-1 et seq.);

 

(lxviii)  No Mortgage Loan is a "High-Risk Home Loan" as defined in the Illinois High-Risk Home Loan Act effective January 1, 2004 (815 Ill. Comp. Stat. 137/1 et seq.);

 



 

(lxix)     No Mortgage Loan originated in the City of Oakland is subject to the City of Oakland, California Ordinance 12361 as a “home loan”

 

(lxx)      No Mortgage Loan is a “High-Cost Home Loan” as defined under the Maine House Bill 383 L.D. 494, effective as of September 13, 2003;

 

(lxxi)     With respect to each Mortgage Loan, (i) if the related first lien provides for negative amortization, the CLTV was calculated at the maximum principal balance of such first lien that could result upon application of such negative amortization feature, and (ii) either no consent for the Mortgage Loan is required by the holder of the first lien or such consent has been obtained and is contained in the Mortgage File;

 

(lxxii)     The Mortgage Loans were not selected from the outstanding adjustable rate one to four-family mortgage loans in the Seller’s portfolio at the related Closing Date as to which the representations and warranties set forth in this Agreement could be made in a manner so as to affect adversely the interests of the Purchaser; and

 

(lxxiii)  No Mortgage Loan secured by a Mortgaged Property located in the Commonwealth of Massachusetts was made to pay off or refinance an existing loan or other debt of the related borrower (as the term “borrower” is defined in the regulations promulgated by the Massachusetts Secretary of State in connection with Massachusetts House Bill 4880 (2004)) unless either (1) (a) the related Mortgage Interest Rate (that would be effective once the introductory rate expires, with respect to Adjustable Rate Mortgage Loans) did or would not exceed by more than 2.25%, with respect to first lien loans (or 2.50% with respect to any Mortgage Loan for which an application was taken on or after January 14, 2005), or 3.50%, with respect to second lien loans, the yield on United States Treasury securities having comparable periods of maturity to the maturity of the related Mortgage Loan as of the fifteenth day of the month immediately preceding the month in which the application for the extension of credit was received by the related lender or (b) the Mortgage Loan is an “open-end home loan” (as such term is used in the Massachusetts House Bill 4880 (2004)) and the related Mortgage Note provides that the related Mortgage Interest Rate may not exceed at any time the Prime rate index as published in The Wall Street Journal plus a margin of one percent, or (2) such Mortgage Loan is in the "borrower's interest," as documented by a "borrower's interest worksheet" for the particular Mortgage Loan, which worksheet incorporates the factors set forth in Massachusetts House Bill 4880 (2004) and the regulations promulgated thereunder for determining "borrower's interest," and otherwise complies in all material respects with the laws of the Commonwealth of Massachusetts;

 

(lxxiv)   With respect to any Loan for which a mortgage loan application was submitted by the Mortgagor after April 1, 2004, no such Loan secured by Mortgaged Property in the State of Illinois which has a Loan Interest Rate in excess of 8.0% per annum has lender-imposed fees (or other charges) in excess of 3.0% of the original principal balance of the Loan; and

 

 



 

(lxxv)   The Mortgagee has not made or caused to be made any payment in the nature of an “average” or “yield spread premium” to a mortgage broker or a like Person which has not been fully disclosed to the Mortgagor.

 

 

 

 



EXHIBIT D

MORTGAGE LOAN SCHEDULE

 

 



    Loan Number              City                                   State         Zip       Occupancy               Property Type                         IO Term
------------------        -------------------                      -------       -------    ----------             -----------------                      -------
     148902757            N LAS VEGAS                                NV           89031      Primary               PUD                                        0
     148903494            MURRIETA                                   CA           92563      Primary               PUD                                        0
     148903544            MURRIETA                                   CA           92563      Primary               Single Family                             60
     148903593            RIO RANCHO                                 NM           87144      Primary               Single Family                              0
     148903683            WAXHAW                                     NC           28173      Primary               PUD                                       60
     148903848            SPRING                                     TX           77373      Primary               PUD                                        0
     148903879            HANFORD                                    CA           93230      Primary               Single Family                              0
     148903910            FLORENCE                                   AZ           85232      Primary               PUD                                       60
     148903977            SHOREWOOD                                  IL           60431      Primary               PUD                                        0
     148904068            LANCASTER                                  TX           75134      Primary               PUD                                        0
     148904107            BLACKLICK                                  OH           43004      Primary               Single Family                             60
     148904181            LAKE ELSINORE                              CA           92532      Primary               PUD                                       60
     148904192            MURRIETA                                   CA           92563      Primary               PUD                                       60
     148904196            PLAINFIELD                                 IL           60585      Primary               PUD                                       60
     148904235            LAKE ELSINORE                              CA           92532      Primary               PUD                                       60
     148904239            CHARLOTTE                                  NC           28216      Primary               PUD                                       60
     148904291            MURRIETTA                                  CA           92563      Primary               PUD                                       60
     148904442            LAKE ELSINORE                              CA           92532      Primary               PUD                                       60
     148904451            PLAINFIELD                                 IL           60544      Primary               PUD                                        0
     148904499            THOMPSONS STATION                          TN           37179      Primary               PUD                                        0
     148904533            FORT WORTH                                 TX           76247      Primary               PUD                                        0
     148904537            LAVEEN                                     AZ           85339      Primary               PUD                                        0
     148904540            OSWEGO                                     IL           60543      Primary               Townhouse                                 60
     148904543            FAIRVIEW HEIGHTS                           IL           62208      Primary               Single Family                              0
     148904664            BLACKLICK                                  OH           43004      Primary               Single Family                             60
     148904698            MURRIETA                                   CA           92563      Primary               PUD                                       60
     148904705            RIVERSIDE                                  CA           92508      Primary               PUD                                       60
     148904761            RIVERSIDE                                  CA           92508      Primary               PUD                                       60
     148904781            OXNARD                                     CA           93035      Primary               Single Family                             60
     148904799            DENTON                                     TX           76210      Primary               PUD                                        0
     148904810            CARPENTERSVILLE                            IL           60110      Primary               Condominium                                0
     148904845            HUGO                                       MN           55038      Primary               PUD                                       60
     148904859            ORANGE PARK                                FL           32003      Primary               Single Family                              0
     148904867            SUMMERVILLE                                SC           29485      Primary               PUD                                       60
     148904868            RIO RANCHO                                 NM           87144      Primary               Single Family                              0
     148904880            BELLEVILLE                                 IL           62220      Primary               PUD                                        0
     148904888            CYPRESS                                    TX           77433      Primary               PUD                                        0
     148904894            OSWEGO                                     IL           60543      Primary               Townhouse                                  0
     148904949            DENTON                                     TX           76210      Primary               PUD                                        0
     148904955            CASTLE ROCK                                CO           80104      Primary               PUD                                       60
     148904957            CUMMING                                    GA           30040      Primary               Townhouse                                 60
     148904964            PLAINFIELD                                 IL           60544      Primary               Townhouse                                 60
     148904975            FRISCO                                     TX           75035      Primary               PUD                                        0
     148904992            PLAINFIELD                                 IL           60544      Primary               Condominium                                0
     148904999            MABLETON                                   GA           30126      Primary               PUD                                       60
     148905006            CHASKA                                     MN           55318      Primary               Condominium                               60
     148905009            COLUMBUS                                   OH           43207      Primary               Single Family                             60
     148905019            FORT WORTH                                 TX           76247      Primary               PUD                                        0
     148905020            PALM BEACH GARDENS                         FL           33410      Second Home           Condominium                                0
     148905021            LITTLE ELM                                 TX           75068      Primary               PUD                                        0
     148905023            AURORA                                     CO           80018      Primary               PUD                                       60
     148905027            LEWISVILLE                                 TX           75067      Primary               PUD                                       60
     148905028            FLORENCE                                   AZ           85232      Primary               PUD                                        0
     148905031            ALGONQUIN                                  IL           60102      Primary               Condominium                                0
     148905037            BURLESON                                   TX           76028      Primary               Single Family                              0
     148905038            BLACKLICK                                  OH           43004      Primary               Single Family                             60
     148905042            CARPENTERSVILLE                            IL           60110      Primary               Condominium                                0
     148905044            MURRIETA                                   CA           92563      Primary               PUD                                        0
     148905045            O'FALLON                                   MO           63366      Primary               PUD                                       60
     148905048            SUMMERVILLE                                SC           29485      Primary               PUD                                        0
     148905052            ST LOUIS                                   MO           63129      Primary               Single Family                              0
     148905053            ANTIOCH                                    TN           37013      Primary               Townhouse                                 60
     148905055            GRAND PRAIRIE                              TX           75052      Primary               PUD                                        0
     148905060            MABLETON                                   GA           30126      Primary               Condominium                               60
     148905061            KERNERSVILLE                               NC           27284      Primary               PUD                                        0
     148905062            JAMESTOWN                                  NC           27282      Primary               Single Family                              0
     148905064            WALDORF                                    MD           20603      Primary               PUD                                       60
     148905066            OSWEGO                                     IL           60543      Primary               Townhouse                                  0
     148905067            FORT WORTH                                 TX           76247      Primary               PUD                                        0
     148905069            LITTLE ELM                                 TX           75068      Primary               PUD                                        0
     148905070            OSWEGO                                     IL           60543      Primary               Townhouse                                  0
     148905071            ROCKWALL                                   TX           75032      Primary               PUD                                        0
     148905073            BELLEVILLE                                 IL           62220      Primary               Townhouse                                  0
     148905074            SWANSEA                                    IL           62226      Primary               PUD                                        0
     148905076            FREDERICK                                  CO           80504      Primary               PUD                                        0
     148905077            DENTON                                     TX           76210      Primary               PUD                                        0
     148905078            SWANSEA                                    IL           62226      Primary               Single Family                              0
     148905083            JACKSONVILLE                               FL           32225      Primary               Condominium                                0
     148905085            SAN ANTONIO                                TX           78253      Primary               Single Family                              0
     148905088            BLACKLICK                                  OH           43004      Primary               Single Family                             60
     148905089            GRAND PRAIRIE                              TX           75052      Primary               PUD                                        0
     148905092            THORNTON                                   CO           80602      Primary               Condominium                               60
     148905093            CARPENTERSVILLE                            IL           60110      Primary               Condominium                                0
     148905095            SWANSEA                                    IL           62226      Primary               Single Family                              0
     148905100            MIRAMAR                                    FL           33027      Primary               Condominium                                0
     148905102            MESQUITE                                   TX           75181      Primary               PUD                                        0
     148905106            ELK RIVER                                  MN           55330      Primary               Condominium                               60
     148905108            ELGIN                                      IL           60123      Primary               Townhouse                                  0
     148905111            SANFORD                                    FL           32771      Primary               PUD                                        0
     148905113            CARPENTERSVILLE                            IL           60110      Primary               Condominium                               60
     148905114            COLUMBUS                                   OH           43207      Primary               Single Family                             60
     148905116            ARLINGTON                                  TX           76002      Primary               PUD                                        0
     148905117            CUMMING                                    GA           30040      Primary               Townhouse                                  0
     148905122            CHARLOTTE                                  NC           28277      Primary               PUD                                       60
     148905124            BRIGHTON                                   CO           80601      Primary               PUD                                        0
     148905125            SAN ANTONIO                                TX           78253      Primary               Single Family                              0
     148905126            ALPHARETTA                                 GA           30004      Primary               PUD                                       60
     148905127            AURORA                                     CO           80018      Primary               PUD                                        0
     148905128            SWANSEA                                    IL           62226      Primary               Single Family                              0
     148905129            PLAINFIELD                                 IL           60544      Primary               Condominium                                0
     148905131            GRAND PRAIRIE                              TX           75052      Primary               PUD                                        0
     148905135            FRISCO                                     TX           75035      Primary               PUD                                        0
     148905140            ELK RIVER                                  MN           55330      Primary               Condominium                                0
     148905141            CHARLOTTE                                  NC           28270      Primary               PUD                                        0
     148905142            PALM BEACH GARDENS                         FL           33418      Primary               Townhouse                                 60
     148905147            OSWEGO                                     IL           60543      Primary               Townhouse                                  0
     148905148            DENTON                                     TX           76210      Primary               PUD                                        0
     148905149            DENTON                                     TX           76210      Primary               PUD                                        0
     148905153            CUMMING                                    GA           30040      Primary               PUD                                       60
     148905154            WYLIE                                      TX           75098      Second Home           PUD                                        0
     148905155            BLUFFTON                                   SC           29910      Primary               PUD                                       60
     148905156            WEST THORNTON                              CO           80602      Primary               PUD                                       60
     148905158            GAITHERSBURG                               MD           20877      Primary               PUD                                       60
     148905159            GRAND PRAIRIE                              TX           75052      Primary               PUD                                        0
     148905160            FORT WORTH                                 TX           76247      Primary               PUD                                        0
     148905161            MCKINNEY                                   TX           75071      Primary               PUD                                        0
     148905163            BURLESON                                   TX           76028      Primary               Single Family                              0
     148905166            SWANSEA                                    IL           62226      Primary               Single Family                              0
     148905167            LANCASTER                                  TX           75134      Primary               PUD                                        0
     148905168            SARASOTA                                   FL           34243      Primary               Condominium                                0
     148905171            FLOWERVILLE                                MI           48836      Primary               PUD                                        0
     148905176            CARPENTERSVILLE                            IL           60110      Primary               Condominium                                0
     148905177            GOOSE CREEK                                SC           29445      Primary               PUD                                       60
     148905178            KERNERSVILLE                               NC           27284      Primary               PUD                                        0
     148905179            CHARLOTTE                                  NC           28216      Primary               PUD                                       60
     148905180            MABLETON                                   GA           30126      Primary               PUD                                        0
     148905181            DENTON                                     TX           76210      Primary               PUD                                        0
     148905183            CHARLOTTE                                  NC           28277      Primary               PUD                                        0
     148905184            COLUMBUS                                   OH           43207      Primary               Single Family                             60
     148905185            MESQUITE                                   TX           75181      Primary               PUD                                        0
     148905186            BURLESON                                   TX           76028      Primary               Single Family                              0
     148905188            BARGERSVILLE                               IN           46106      Primary               PUD                                        0
     148905189            WEST THORNTON                              CO           80602      Primary               PUD                                        0
     148905191            FORT WORTH                                 TX           76247      Primary               PUD                                        0
     148905194            MABLETON                                   GA           30126      Primary               Condominium                                0
     148905196            WOODSTOCK                                  GA           30188      Primary               PUD                                       60
     148905197            GRAND PRAIRIE                              TX           75052      Primary               PUD                                        0
     148905199            GRAND PRAIRIE                              TX           75052      Primary               PUD                                        0
     148905201            LANCASTER                                  TX           75134      Primary               PUD                                        0
     148905207            DENTON                                     TX           76210      Primary               PUD                                        0
     148905209            WYLIE                                      TX           75098      Primary               PUD                                        0
     148905214            SUMMERVILLE                                SC           29485      Primary               PUD                                        0
     148905216            MIRAMAR                                    FL           33332      Primary               Condominium                                0
     148905217            CHARLOTTE                                  NC           28216      Primary               PUD                                        0
     148905224            MCKINNEY                                   TX           75071      Primary               PUD                                        0
     148905225            FT WORTH                                   TX           76247      Primary               Single Family                              0
     148905226            MCKINNEY                                   TX           75071      Primary               PUD                                        0
     148905227            FRISCO                                     TX           75035      Primary               PUD                                        0
     148905228            CHARLOTTE                                  NC           28270      Primary               PUD                                        0
     148905230            MURRIETA                                   CA           92563      Primary               PUD                                        0
     148905231            MASCOUTAH                                  IL           62258      Primary               PUD                                        0
     148905233            PLAINFIELD                                 IL           60544      Primary               Condominium                                0
     148905237            OSWEGO                                     IL           60543      Primary               Townhouse                                  0
     148905238            BURLESON                                   TX           76028      Primary               Single Family                              0
     148905239            OSWEGO                                     IL           60543      Primary               PUD                                       60
     148905240            GOOSE CREEK                                SC           29445      Primary               PUD                                        0
     148905242            THORNTON                                   CO           80602      Primary               Condominium                               60
     148905244            SARASOTA                                   FL           34243      Primary               Condominium                                0
     148905255            THOMPSONS STATION                          TN           37179      Primary               PUD                                       60
     148905257            ELK RIVER                                  MN           55330      Primary               Condominium                               60
     148905259            COLLEGE PARK                               GA           30349      Primary               PUD                                       60
     148905260            FORT WORTH                                 TX           76179      Primary               PUD                                        0
     148905262            MCKINNEY                                   TX           75070      Primary               PUD                                       60
     148905265            GRAND PRAIRIE                              TX           75052      Primary               PUD                                        0
     148905267            ARLINGTON                                  TX           76002      Primary               Single Family                              0
     148905269            BLAINE                                     MN           55449      Primary               Condominium                               60
     148905272            THOMPSONS STATION                          TN           37179      Primary               PUD                                        0
     148905273            MCKINNEY                                   TX           75070      Primary               PUD                                        0
     148905274            MCKINNEY                                   TX           75071      Primary               PUD                                        0
     148905285            DENTON                                     TX           76210      Primary               PUD                                        0
     148905287            CHARLOTTE                                  NC           28270      Primary               PUD                                        0
     148905289            FLORENCE                                   AZ           85232      Primary               PUD                                        0
     148905291            PLAINFIELD                                 IL           60544      Primary               Condominium                                0
     148905292            GRAND PRAIRIE                              TX           75052      Investor              PUD                                        0
     148905293            CHARLOTTE                                  NC           28270      Primary               PUD                                        0
     148905294            DENTON                                     TX           76210      Primary               PUD                                        0
     148905295            ARLINGTON                                  TX           76002      Primary               Single Family                              0
     148905300            MABLETON                                   GA           30126      Primary               Condominium                               60
     148905304            ANTIOCH                                    TN           37013      Primary               PUD                                        0
     148905305            FORT WORTH                                 TX           76247      Primary               PUD                                        0
     148905306            COLLEGE PARK                               GA           30349      Primary               PUD                                        0
     148905307            ORANGE PARK                                FL           32003      Primary               Single Family                              0
     148905309            CHARLOTTE                                  NC           28216      Primary               PUD                                       60
     148905310            GREENVILLE                                 SC           29605      Primary               PUD                                        0
     148905314            GOOSE CREEK                                SC           29445      Primary               PUD                                       60
     148905317            CHESTER                                    VA           23831      Primary               PUD                                        0
     148905319            GOOSE CREEK                                SC           29445      Primary               PUD                                        0
     148905320            THORNTON                                   CO           80602      Primary               Condominium                                0
     148905321            WOODSTOCK                                  GA           30188      Primary               PUD                                       60
     148905324            GOOSE CREEK                                SC           29445      Primary               PUD                                        0
     148905328            TEMECULA                                   CA           92592      Primary               PUD                                        0
     148905330            MIRAMAR                                    FL           33027      Primary               Condominium                                0
     148905331            FLOWERVILLE                                MI           48836      Primary               PUD                                        0
     148905332            MESQUITE                                   TX           75181      Primary               PUD                                        0
     148905335            NOBLESVILLE                                IN           46060      Primary               PUD                                       60
     148905339            NORTHVILLE                                 MI           48167      Primary               PUD                                       60
     148905340            ROCKWALL                                   TX           75032      Primary               PUD                                        0
     148905343            FORT WORTH                                 TX           76123      Primary               PUD                                        0
     148905348            FOWLERVILLE                                MI           48836      Primary               Condominium                                0
     148905352            SUITLAND                                   MD           20746      Primary               PUD                                       60
     148905355            ST LOUIS                                   MO           63129      Primary               PUD                                        0
     148905357            GOOSE CREEK                                SC           29445      Primary               PUD                                        0
     148905358            WOODSTOCK                                  GA           30188      Primary               PUD                                        0
     148905361            WOODSTOCK                                  GA           30188      Primary               PUD                                       60
     148905362            JACKSONVILLE                               FL           32225      Primary               PUD                                        0
     148905364            WYLIE                                      TX           75098      Primary               PUD                                        0
     148905365            WHEAT RIDGE                                CO           80033      Primary               Condominium                               60
     148905366            WYLIE                                      TX           75098      Primary               PUD                                        0
     148905368            MABLETON                                   GA           30126      Primary               Condominium                                0
     148905375            ELGIN                                      IL           60123      Primary               Townhouse                                 60
     148905376            THORNTON                                   CO           80602      Primary               Condominium                                0
     148905377            FRISCO                                     TX           75035      Primary               PUD                                        0
     148905379            MCKINNEY                                   TX           75071      Primary               PUD                                        0
     148905387            COLLEGE PARK                               GA           30349      Primary               PUD                                       60
     148905389            CHARLOTTE                                  NC           28216      Primary               PUD                                        0
     148905391            FORT WORTH                                 TX           76131      Primary               PUD                                        0
     148905398            NOBLESVILLE                                IN           46060      Primary               PUD                                        0
     148905401            THORNTON                                   CO           80602      Primary               Condominium                                0
     148905404            WESTFIELD                                  IN           46074      Primary               PUD                                        0
     148905405            DAVISON                                    MI           48423      Primary               Single Family                              0
     148905406            ROSEMOUNT                                  MN           55068      Primary               PUD                                        0
     148905407            CONCORD                                    NC           28027      Primary               PUD                                        0
     148905414            FORT WORTH                                 TX           76131      Primary               PUD                                        0
     148905416            WOODSTOCK                                  GA           30188      Primary               PUD                                        0
     148905417            FOWLERVILLE                                MI           48836      Primary               Single Family                              0
     148905420            MAPLE GROVE                                MN           55311      Primary               Condominium                                0
     148905424            DAVISON                                    MI           48423      Primary               Single Family                              0
     148905429            MCKINNEY                                   TX           75071      Primary               PUD                                       60
     148905433            FORT WORTH                                 TX           76179      Primary               PUD                                        0
     148905437            WYLIE                                      TX           75098      Primary               PUD                                        0
     148905438            SANFORD                                    FL           32771      Primary               PUD                                        0
     148905449            GOOSE CREEK                                SC           29445      Primary               PUD                                        0
     148905451            ROCKWALL                                   TX           75032      Primary               PUD                                        0
     148905452            VENICE                                     FL           34292      Primary               PUD                                        0
     148905453            BURLESON                                   TX           76028      Primary               Single Family                              0
     148905458            DENTON                                     TX           76208      Primary               PUD                                        0
     148905465            DENTON                                     TX           76208      Primary               PUD                                        0
     148905469            FORT WORTH                                 TX           76131      Primary               PUD                                        0
     148905472            ST CHARLES                                 MO           63301      Primary               Townhouse                                 60
     148905474            FORT WORTH                                 TX           76179      Primary               PUD                                        0
     148905475            ROMULUS                                    MI           48174      Primary               Condominium                               60
     148905479            FORT WORTH                                 TX           76179      Primary               PUD                                        0
     148905488            ARLINGTON                                  TX           76002      Primary               PUD                                        0
     148905489            BUFFALO                                    MN           55313      Primary               Condominium                               60
     148905490            HUNTERSVILLE                               NC           28078      Primary               PUD                                       60
     148905492            PORT ST LUCIE                              FL           34953      Primary               PUD                                       60
     148905493            CHASKA                                     MN           55318      Primary               Condominium                               60
     148905496            MASCOUTAH                                  IL           62258      Primary               PUD                                       60
     148905500            ST CHARLES                                 MO           63301      Primary               Townhouse                                  0
     148905501            CHARLOTTE                                  NC           28216      Primary               PUD                                        0
     148905503            FORT WORTH                                 TX           76179      Primary               PUD                                        0
     148905504            MASCOUTAH                                  IL           62258      Primary               PUD                                        0
     148905506            YPSILANTI                                  MI           48197      Primary               PUD                                       60
     148905511            SAN ANTONIO                                TX           78261      Primary               PUD                                        0
     148905515            MAPLE GROVE                                MN           55311      Primary               Condominium                                0
     148905516            HAYMARKET                                  VA           20169      Primary               PUD                                        0
     148905517            MCHENRY                                    IL           60050      Primary               Townhouse                                 60
     148905518            LITTLE ELM                                 TX           75068      Primary               PUD                                        0
     148905521            BURLESON                                   TX           76028      Primary               Single Family                              0
     148905523            CHARLOTTE                                  NC           28216      Primary               PUD                                        0
     148905525            PORT ST LUCIE                              FL           34953      Primary               PUD                                        0
     148905527            ARLINGTON                                  TX           76002      Primary               PUD                                        0
     148905530            MABLETON                                   GA           30126      Primary               Condominium                               60
     148905531            ELGIN                                      IL           60123      Primary               PUD                                        0
     148905538            SAINT PAUL PARK                            MN           55071      Primary               Condominium                               60
     148905540            AURORA                                     CO           80018      Primary               PUD                                       60
     148905541            THORNTON                                   CO           80602      Primary               PUD                                       60
     148905547            MCKINNEY                                   TX           75071      Primary               PUD                                        0
     148905548            FORT WORTH                                 TX           76179      Primary               PUD                                        0
     148905550            ANNA                                       TX           75409      Primary               PUD                                        0
     148905552            BURLESON                                   TX           76028      Primary               Single Family                              0
     148905561            ANTIOCH                                    TN           37013      Primary               PUD                                        0
     148905563            BURLESON                                   TX           76028      Primary               Single Family                              0
     148905568            WISTON SALEM                               NC           27127      Primary               Single Family                              0
     148905571            SHOREWOOD                                  IL           60431      Primary               PUD                                       60
     148905591            ROSEMOUNT                                  MN           55068      Primary               Single Family                             60
     148905596            GRAND PRAIRIE                              TX           75052      Primary               PUD                                        0
     148905598            MABLETON                                   GA           30126      Primary               Condominium                               60
     148905599            FRISCO                                     TX           75035      Primary               PUD                                       60
     148905602            BRIGHTON                                   CO           80601      Primary               PUD                                       60
     148905605            WYLIE                                      TX           75098      Primary               PUD                                        0
     148905609            AURORA                                     CO           80018      Primary               PUD                                       60
     148905610            ODESSA                                     FL           33556      Primary               PUD                                       60
     148905613            ST PAUL PARK                               MN           55071      Primary               Condominium                               60
     148905623            KENNESAW                                   GA           30144      Primary               Condominium                               60
     148905629            FRISCO                                     TX           75035      Primary               PUD                                        0
     148905640            ORLANDO                                    FL           32824      Primary               Condominium                               60
     148905641            CANAL WINCHESTER                           OH           43110      Primary               Single Family                             60
     148905642            DENTON                                     TX           76210      Primary               PUD                                        0
     148905645            FLORISSANT                                 MO           63031      Primary               PUD                                       60
     148905651            PALM BEACH GARDENS                         FL           33418      Primary               Condominium                               60
     148905652            DENTON                                     TX           76208      Primary               PUD                                        0
     148905654            MASCOUTAH                                  IL           62258      Primary               Single Family                              0
     148905656            FORT WORTH                                 TX           76179      Primary               PUD                                        0
     148905659            WYLIE                                      TX           75098      Primary               PUD                                       60
     148905666            SWARTZ CREEK                               MI           48473      Primary               Condominium                               60
     148905669            MCKINNEY                                   TX           75070      Primary               PUD                                        0
     148905678            ROSEMOUNT                                  MN           55068      Primary               Condominium                               60
     148905685            OSWEGO                                     IL           60543      Primary               PUD                                        0
     148905695            FORT WORTH                                 TX           76123      Primary               PUD                                        0
     148905713            MABLETON                                   GA           30126      Primary               Condominium                               60
     148905715            INVER GROVE HEIGHTS                        MN           55076      Primary               Condominium                               60
     148905719            ORLANDO                                    FL           32828      Primary               PUD                                        0
     148905720            MARBLETON                                  GA           30126      Primary               Condominium                               60
     148905723            ROMULUS                                    MI           48174      Primary               Condominium                                0
     148905733            FORT WORTH                                 TX           76247      Primary               PUD                                        0
     148905737            WYLIE                                      TX           75098      Primary               PUD                                        0
     148905739            ROCKWALL                                   TX           75032      Primary               PUD                                        0
     148905745            MCCORDSVILLE                               IN           46055      Primary               PUD                                        0
     148905767            FORT WORTH                                 TX           76247      Primary               PUD                                        0
     148905772            BLAINE                                     MN           55449      Primary               Condominium                               60
     148905783            SMRYNA                                     TN           37167      Primary               PUD                                        0
     148905851            DENTON                                     TX           76210      Primary               PUD                                        0
     148905862            MIDLOTHIAN                                 VA           23114      Primary               PUD                                        0
     148905863            MESQUITE                                   TX           75181      Primary               PUD                                        0
     148905875            LANCASTER                                  TX           75134      Primary               PUD                                        0
     148905883            MABLETON                                   GA           30126      Primary               Condominium                                0
     148905901            MCKINNEY                                   TX           75071      Primary               PUD                                        0
     148905921            ROMULUS                                    MI           48174      Primary               Condominium                                0
     186300001            RENO                                       NV           89506      Primary               Single Family                             60
     186300003            MURRIETA                                   CA           92563      Primary               PUD                                       60
     186300008            TEMECULA                                   CA           92592      Primary               PUD                                       60
     186300011            MURRIETA                                   CA           92563      Primary               PUD                                       60
     186300019            OXNARD                                     CA           93035      Primary               Single Family                             60
     186300024            MURRIETA                                   CA           92563      Primary               Single Family                             60
     186300031            RIVERSIDE                                  CA           92508      Primary               PUD                                       60
     186300038            VISALIA                                    CA           93291      Primary               Single Family                              0
     186300039            BAKERSFIELD                                CA           93312      Primary               Single Family                             60
     186300042            BAKERSFIELD                                CA           93312      Primary               Single Family                              0
     186300047            RIVERSIDE                                  CA           92508      Primary               PUD                                       60
     186300048            MURRIETA                                   CA           92563      Primary               Single Family                              0
     186300051            FLORENCE                                   AZ           85232      Primary               PUD                                        0
     186300055            MURRIETA                                   CA           92563      Primary               Single Family                             60
     186300057            N LAS VEGAS                                NV           89031      Primary               PUD                                       60
     186300064            VISALIA                                    CA           93291      Primary               Single Family                              0
     186300065            RENO                                       NV           89521      Primary               PUD                                        0
     186300067            RENO                                       NV           89506      Primary               Single Family                             60
     186300069            FRESNO                                     CA           93727      Primary               Single Family                             60
     186300071            MURRIETA                                   CA           92563      Primary               Single Family                             60
     186300074            TEMECULA                                   CA           92592      Primary               PUD                                        0
     186300075            VISALIA                                    CA           93292      Primary               Single Family                              0
     186300076            LAS VEGAS                                  NV           89131      Primary               PUD                                       60
     186300079            BAKERSFIELD                                CA           93312      Primary               Single Family                              0
     186300080            N LAS VEGAS                                NV           89031      Primary               PUD                                        0
     186300086            VISALIA                                    CA           93292      Primary               Single Family                              0
     186300087            MURRIETA                                   CA           92563      Primary               PUD                                       60
     186300088            MURRIETA                                   CA           92563      Primary               PUD                                       60
     186300092            RIVERSIDE                                  CA           92508      Primary               PUD                                        0
     186300093            MURRIETA                                   CA           92563      Primary               Single Family                              0
     186300096            NORTH LAS VEGAS                            NV           89085      Primary               PUD                                       60
     186300099            MURRIETA                                   CA           92563      Primary               Single Family                              0
     186300101            RIVERSIDE                                  CA           92508      Primary               PUD                                        0
     186300105            NORTH LAS VEGAS                            NV           89031      Primary               PUD                                        0
     186300107            BAKERSFIELD                                CA           93312      Primary               Single Family                             60
     186300108            MURRIETA                                   CA           92563      Primary               PUD                                        0
     186300109            MURRIETA                                   CA           92563      Primary               PUD                                        0
     186300111            MURRIETA                                   CA           92563      Primary               Single Family                              0
     186300113            LAS VEGAS                                  NV           89131      Primary               PUD                                        0
     186300114            MURRIETA                                   CA           92563      Primary               PUD                                       60
     186300115            MURRIETA                                   CA           92563      Primary               PUD                                        0
     186300116            EL DORADO HILLS                            CA           95762      Primary               PUD                                       60
     186300119            PASO ROBLES                                CA           93446      Primary               Single Family                             60
     186300120            MURRIETA                                   CA           92563      Primary               Single Family                             60
     186300121            FRESNO                                     CA           93727      Primary               Single Family                             60
     186300122            VISALIA                                    CA           93291      Primary               Single Family                             60
     186300124            BAKERSFIELD                                CA           93312      Primary               Single Family                              0
     186300126            MURRIETA                                   CA           92563      Primary               PUD                                       60
     186300128            BAKERSFIELD                                CA           93312      Primary               Single Family                              0
     186300129            VISALIA                                    CA           93291      Primary               Single Family                             60
     186300137            ELK GROVE                                  CA           95624      Primary               Single Family                             60
     186300139            MURRIETA                                   CA           92563      Primary               Single Family                             60
     186300140            MURRIETA                                   CA           92563      Primary               Single Family                              0
     186300142            N LAS VEGAS                                NV           89084      Primary               PUD                                        0
     186300146            PASO ROBLES                                CA           93446      Primary               Single Family                              0
     186300148            VISALIA                                    CA           93291      Primary               Single Family                              0
     186300150            MURRIETA                                   CA           92563      Primary               Single Family                              0
     186300157            PHOENIX                                    AZ           85037      Primary               PUD                                        0
     186300159            RENO                                       NV           89506      Primary               PUD                                       60
     186300160            RIVERTON                                   UT           84065      Primary               Single Family                             60
     186300161            SPARKS                                     NV           89436      Primary               PUD                                       60
     186300163            RIVERSIDE                                  CA           92508      Primary               PUD                                       60
     186300164            ELK GROVE                                  CA           95624      Primary               Single Family                             60
     186300167            HENDERSON                                  NV           89015      Primary               PUD                                       60
     186300168            HENDERSON                                  NV           89015      Primary               PUD                                       60
     186300175            LAS VEGAS                                  NV           89081      Primary               Single Family                              0
     186300182            RIVERSIDE                                  CA           92508      Primary               PUD                                        0
     186300184            MURRIETA                                   CA           92563      Primary               PUD                                       60
     186300186            HENDERSON                                  NV           89015      Primary               PUD                                        0
     186300190            MURRIETA                                   CA           92563      Primary               Single Family                             60
     186300191            N LAS VEGAS                                NV           89086      Primary               PUD                                       60
     186300192            ELK GROVE                                  CA           95624      Primary               Single Family                              0
     186300193            QUEEN CREEK                                AZ           85242      Primary               PUD                                        0
     186300195            MURRIETA                                   CA           92563      Primary               PUD                                        0
     186300196            NORTH LAS VEGAS                            NV           89081      Primary               PUD                                       60
     186300197            HENDERSON                                  NV           89015      Primary               PUD                                        0
     186300200            RIO RANCHO                                 NM           87144      Primary               Single Family                              0
     186300203            RENO                                       NV           89506      Primary               PUD                                        0
     186300206            MURRIETA                                   CA           92563      Primary               Single Family                             60
     186300208            RIVERSIDE                                  CA           92508      Primary               Single Family                             60
     186300213            SURPRISE                                   AZ           85374      Primary               PUD                                        0
     186300214            BAKERSFIELD                                CA           93312      Primary               Single Family                              0
     186300215            RIVERTON                                   UT           84065      Primary               Single Family                              0
     186300216            ELK GROVE                                  CA           95757      Primary               Single Family                             60
     186300223            MURRIETA                                   CA           92563      Primary               Single Family                              0
     186300225            LAKE ELSINORE                              CA           92532      Primary               PUD                                       60
     186300226            RIO RANCHO                                 NM           87144      Primary               Single Family                              0
     186300234            BAKERSFIELD                                CA           93311      Primary               Single Family                              0
     186300235            VISALIA                                    CA           93291      Primary               Single Family                              0
     186300236            HANFORD                                    CA           93230      Primary               Single Family                              0
     186300247            MURRIETA                                   CA           92563      Primary               Single Family                              0
     186300253            RENO                                       NV           89506      Primary               Single Family                             60
     186300255            MURRIETA                                   CA           92563      Primary               Single Family                              0
     186300256            RIVERSIDE                                  CA           92508      Primary               PUD                                        0
     186300261            MURRIETA                                   CA           92563      Primary               Single Family                             60
     186300262            MURRIETA                                   CA           92563      Primary               Single Family                             60
     186300263            MURRIETA                                   CA           92563      Primary               PUD                                       60
     186300264            RENO                                       NV           89521      Primary               PUD                                       60
     186300265            HANFORD                                    CA           93230      Primary               Single Family                             60
     186300266            VISALIA                                    CA           93291      Primary               PUD                                        0
     186300267            FRESNO                                     CA           93727      Primary               Single Family                             60
     186300269            RENO                                       NV           89521      Primary               PUD                                        0
     186300273            EAGLE MOUNTAIN                             UT           84043      Primary               PUD                                       60
     186300276            FRESNO                                     CA           93727      Primary               Single Family                              0
     186300278            HANFORD                                    CA           93230      Primary               Single Family                              0
     186300279            ELK GROVE                                  CA           95757      Primary               Single Family                              0
     186300280            MURRIETA                                   CA           92563      Primary               PUD                                       60
     186300281            FRESNO                                     CA           93727      Primary               Single Family                             60
     186300283            MURRIETA                                   CA           92563      Primary               Single Family                              0
     186300284            VISALIA                                    CA           93291      Primary               Single Family                              0
     186300287            RIVERSIDE                                  CA           92508      Primary               PUD                                       60
     186300294            LAS VEGAS                                  NV           89139      Primary               PUD                                       60
     186300295            FRESNO                                     CA           93727      Primary               Single Family                              0
     186300296            MURRIETA                                   CA           92563      Primary               PUD                                       60
     186300299            ELK GROVE                                  CA           95757      Primary               Single Family                             60
     186300302            CORONA                                     CA           92880      Primary               Single Family                             60
     186300303            BAKERSFIELD                                CA           93312      Primary               Single Family                              0
     186300311            FRESNO                                     CA           93727      Primary               Single Family                              0
     186300313            LAKE ELSINORE                              CA           92532      Primary               PUD                                        0
     186300319            ELK GROVE                                  CA           95757      Primary               Single Family                             60
     186300322            NORTH LAS VEGAS                            NV           89086      Primary               PUD                                       60
     186300325            BAKERSFIELD                                CA           93311      Primary               Single Family                             60
     186300327            MURRIETA                                   CA           92563      Primary               Single Family                             60
     186300329            FRESNO                                     CA           93727      Primary               Single Family                              0
     186300330            LAVEEN                                     AZ           85339      Primary               PUD                                       60
     186300334            LAS VEGAS                                  NV           89139      Primary               PUD                                        0
     186300335            MURRIETA                                   CA           92563      Primary               Single Family                             60
     186300336            MURRIETA                                   CA           92563      Primary               PUD                                       60
     186300343            MURRIETA                                   CA           92563      Primary               PUD                                        0
     186300352            MURRIETA                                   CA           92563      Primary               PUD                                       60
     186300354            ELK GROVE                                  CA           95757      Primary               Single Family                             60
     186300357            BAKERSFIELD                                CA           93311      Primary               Single Family                             60
     186300361            ELK GROVE                                  CA           95757      Primary               Single Family                              0
     186300363            BAKERSFIELD                                CA           93311      Primary               Single Family                             60
     186300369            LAKE ELSINORE                              CA           92532      Primary               PUD                                       60
     186300376            ELK GROVE                                  CA           95757      Primary               Single Family                             60
     186300377            BAKERSFIELD                                CA           93311      Primary               Single Family                             60
     186300380            MURRIETA                                   CA           92563      Primary               Single Family                             60
     186300388            HANFORD                                    CA           93230      Primary               PUD                                       60
     186300411            FRESNO                                     CA           93727      Primary               Single Family                             60
     186300420            MURRIETA                                   CA           92563      Primary               Single Family                             60
     186300422            ELK GROVE                                  CA           95757      Primary               Single Family                             60
     186300424            NORTH LAS VEGAS                            NV           89081      Primary               PUD                                       60
     186300425            RIVERSIDE                                  CA           92508      Primary               Single Family                             60
     186300431            ELK GROVE                                  CA           95624      Primary               Single Family                             60
     186300444            NORTH LAS VEGAS                            NV           89084      Primary               PUD                                       60
     186300455            HANFORD                                    CA           93230      Primary               Single Family                             60
     186300467            ALBUQUERQUE                                NM           87121      Primary               Single Family                              0
     186300469            ALBUQUERQUE                                NM           87114      Primary               PUD                                        0
     186300470            ELK GROVE                                  CA           95757      Primary               Single Family                             60
     186300475            QUEEN CREEK                                AZ           85242      Primary               PUD                                       60
     186300481            ELK GROVE                                  CA           95757      Primary               Single Family                             60
     186300495            BAKERSFIELD                                CA           93311      Primary               Single Family                             60
     186300496            BAKERSFIELD                                CA           93311      Primary               Single Family                             60
     186300508            QUEEN CREEK                                AZ           85243      Primary               PUD                                       60
     186300512            BAKERFIELD                                 CA           93312      Primary               Single Family                             60
     186300534            FRESNO                                     CA           93727      Primary               Single Family                             60
     186300581            MURRIETA                                   CA           92563      Primary               PUD                                        0
     186500001            DURHAM                                     NC           27703      Primary               PUD                                        0
     186500002            BOERNE                                     TX           78006      Primary               Single Family                              0
     186500003            CYPRESS                                    TX           77433      Primary               PUD                                        0
     186500006            SAN ANTONIO                                TX           78249      Primary               PUD                                        0
     186500007            ROSENBERG                                  TX           77471      Primary               PUD                                        0
     186500008            HOUSTON                                    TX           77433      Primary               PUD                                        0
     186500010            DURHAM                                     NC           27703      Primary               PUD                                        0
     186500011            CLAYTON                                    NC           27520      Primary               PUD                                        0
     186500012            DURHAM                                     NC           27713      Primary               PUD                                        0
     186500013            WINSTON SALEM                              NC           27105      Primary               Single Family                              0
     186500015            BOERNE                                     TX           78006      Primary               Single Family                              0
     186500016            ROSENBERG                                  TX           77471      Primary               PUD                                        0
     186500020            TEMPLE                                     TX           76502      Primary               Single Family                              0
     186500026            CYPRESS                                    TX           77433      Primary               PUD                                        0
     186500027            CYPRESS                                    TX           77433      Primary               PUD                                        0
     186500034            HOUSTON                                    TX           77075      Primary               PUD                                        0
     186500038            HOUSTON                                    TX           77075      Primary               PUD                                        0
     186500040            WINSTON-SALEM                              NC           27105      Primary               PUD                                        0
     186500043            ROUND ROCK                                 TX           78664      Primary               PUD                                        0
     186500045            KILLEEN                                    TX           76542      Primary               Single Family                              0
     186500046            SAN ANTONIO                                TX           78253      Primary               PUD                                        0
     186500048            WINSTON-SALEM                              NC           27105      Primary               PUD                                        0
     186500049            HOUSTON                                    TX           77075      Primary               PUD                                        0
     186500052            RALEIGH                                    NC           27613      Primary               PUD                                        0
     186500054            ROUND ROCK                                 TX           78664      Primary               Single Family                              0
     186500055            HOUSTON                                    TX           77075      Primary               PUD                                        0
     186500058            SAN ANTONIO                                TX           78259      Primary               Single Family                              0
     186500059            SPRING                                     TX           77373      Primary               PUD                                        0
     186500060            CLAYTON                                    NC           27520      Primary               PUD                                        0
     186500061            SAN ANTONIO                                TX           78259      Primary               Single Family                             60
     186500064            SAN ANTONIO                                TX           78253      Primary               PUD                                        0
     186500065            SAN ANTONIO                                TX           78259      Primary               Single Family                              0
     186500066            DURHAM                                     NC           27703      Primary               PUD                                        0
     186500067            BAYTOWN                                    TX           77521      Primary               PUD                                        0
     186500068            MONROE                                     NJ           08831      Primary               PUD                                        0
     186500070            HOUSTON                                    TX           77075      Primary               PUD                                        0
     186500074            SAN ANTONIO                                TX           78260      Primary               PUD                                        0
     186500077            CYPRESS                                    TX           77433      Primary               PUD                                        0
     186500078            SAN ANTONIO                                TX           78261      Primary               PUD                                        0
     186500082            KERNERSVILLE                               NC           27284      Primary               PUD                                       60
     186500085            CYPRESS                                    TX           77433      Primary               PUD                                        0
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     186500094            HOUSTON                                    TX           77073      Primary               PUD                                        0
     186500098            SAN ANTONIO                                TX           78253      Primary               PUD                                        0
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     186500111            WINSTON SALEM                              NC           27127      Primary               PUD                                        0
     186500113            CYPRESS                                    TX           77433      Primary               PUD                                        0
     186500115            ROSENBERG                                  TX           77471      Primary               PUD                                        0
     186500121            HOUSTON                                    TX           77075      Primary               PUD                                        0
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     186500140            SPRING                                     TX           77373      Primary               PUD                                        0
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     186500167            HOUSTON                                    TX           77075      Primary               PUD                                        0
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     186500186            KYLE                                       TX           78640      Primary               PUD                                        0
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     186500251            SAN ANTONIO                                TX           78253      Primary               PUD                                        0
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     240012654            FORT WORTH                                 TX           76102      Primary               Condominium                               60
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     240012836            FORT WORTH                                 TX           76248      Primary               PUD                                        0
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     241220267            PORTSMOUTH                                 OH           45662      Primary               Single Family                              0
     241220275            HAMILTON                                   OH           45013      Primary               Single Family                              0
     241220284            CLEVES                                     OH           45002      Primary               Single Family                              0
     241220308            CLEVES                                     OH           45002      Primary               Single Family                              0
     241220356            CINCINNATI                                 OH           45216      Primary               Single Family                              0
     241220385            COLDWATER                                  OH           45828      Primary               Single Family                              0
     241220404            HOLLANSBURG                                OH           45332      Second Home           Single Family                              0
     241220425            SOUTH POINT                                OH           45680      Primary               Single Family                              0
     241220439            TIPP CITY                                  OH           45371      Primary               Single Family                              0
     241220449            CINCINNATI                                 OH           45212      Primary               Single Family                              0
     241220541            CINCINNATI                                 OH           45233      Primary               Single Family                              0
     241220560            CINCINNATI                                 OH           45233      Primary               Single Family                              0
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     241322445            RICHMOND                                   VA           23222      Investor              Single Family                              0
     241322513            RICHMOND                                   VA           23222      Primary               Single Family                              0
     241322714            NEWPORT NEWS                               VA           23602      Primary               Single Family                              0
     241322730            RICHMOND                                   VA           23224      Investor              Single Family                              0
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     241322766            MOUNT OLIVE                                VA           23181      Primary               Manufactured Housing                       0
     241322834            NORFOLK                                    VA           23513      Primary               Single Family                              0
     241322904            WILLIAMSBURG                               VA           23188      Investor              PUD                                        0
     241322905            PORTSMOUTH                                 VA           23703      Primary               Single Family                              0
     241322911            RICHMOND                                   VA           23231      Primary               Single Family                              0
     241322913            WILLIAMSBURG                               VA           23188      Investor              PUD                                        0
     241323090            TOANO                                      VA           23168      Primary               Single Family                              0
     241323115            PURCELLVILLE                               VA           20132      Primary               Single Family                              0
     241323361            RICHMOND                                   VA           23224      Primary               Single Family                              0
     241323367            CHESTERFIELD                               VA           23832      Primary               Single Family                              0
     241323396            NEWPORT NEWS                               VA           23602      Primary               Single Family                              0
     241323541            STAFFORD                                   VA           22554      Primary               Single Family                              0
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     241323665            KING GEORGE                                VA           22485      Primary               Single Family                              0
     241323719            COLONIAL BEACH                             VA           22443      Primary               Single Family                              0
     241323722            SANDSTON                                   VA           23150      Primary               Single Family                              0
     241323810            AMELIA                                     VA           23002      Primary               Single Family                              0
     241323828            NEWPORT NEWS                               VA           23601      Primary               Single Family                              0
     241323862            CHESTER                                    VA           23831      Primary               Single Family                              0
     241323879            CHESAPEAKE                                 VA           23322      Primary               Single Family                              0
     241323925            TOANO                                      VA           23168      Primary               Single Family                              0
     241323927            HAMPTON                                    VA           23666      Primary               Condominium                                0
     241323943            RICHMOND                                   VA           23231      Primary               Single Family                              0
     241323968            RICHMOND                                   VA           23236      Primary               Single Family                              0
     241324046            STEPHENS CITY                              VA           22655      Primary               Single Family                              0
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     241418767            COLLEGE PARK                               GA           30344      Second Home           Single Family                              0
     241418782            DACULA                                     GA           30019      Primary               Single Family                              0
     241418942            LAWRENCEVILLE                              GA           30043      Primary               PUD                                        0
     241419244            LAKELAND                                   GA           31635      Primary               Single Family                              0
     241419303            STONE MOUNTAIN                             GA           30088      Primary               Single Family                              0
     241419313            TALKING ROCK                               GA           30175      Primary               Single Family                              0
     241419397            ORLANDO                                    FL           32809      Primary               Single Family                              0
     241503548            FORSYTH                                    GA           31029      Primary               Single Family                              0
     241503568            HOGANSVILLE                                GA           30230      Primary               Single Family                              0
     241503878            ATLANTA                                    GA           30318      Primary               Single Family                              0
     241503890            COLLEGE PARK                               GA           30349      Primary               Single Family                              0
     241503901            WOODBURY                                   GA           30293      Primary               Manufactured Housing                       0
     241503977            ATLANTA                                    GA           30316      Primary               Single Family                              0
     241504183            DUBLIN                                     GA           31021      Primary               Single Family                              0
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     241515750            WINSTON                                    GA           30187      Primary               Single Family                              0
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     241516497            MARIETTA                                   GA           30064      Primary               Single Family                              0
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     241516780            NEWNAN                                     GA           30263      Primary               Single Family                              0
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     241516845            ALPHARETTA                                 GA           30005      Primary               Single Family                              0
     241516859            DOUGLASVILLE                               GA           30135      Primary               PUD                                        0
     241516865            DOUGLASVILLE                               GA           30135      Primary               PUD                                        0
     241516890            SUGAR HILL                                 GA           30518      Primary               PUD                                        0
     241516965            KENNESAW                                   GA           30152      Primary               Single Family                              0
     241517034            KENNESAW                                   GA           30152      Primary               Single Family                              0
     241517088            NEWNAN                                     GA           30263      Primary               Single Family                              0
     241517092            NEWNAN                                     GA           30263      Primary               Single Family                              0
     241517189            VILLA RICA                                 GA           30180      Primary               PUD                                        0
     241517254            ST AUGUSTINE                               FL           32086      Primary               Single Family                              0
     241517258            VILLA RICA                                 GA           30180      Primary               PUD                                        0
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     241517431            THOMASTON                                  GA           30286      Primary               Single Family                              0
     241517453            ZEBULON                                    GA           30295      Primary               Manufactured Housing                       0
     241517485            LAKE PLACID                                FL           33852      Primary               Single Family                              0
     241517606            HAMPTON                                    GA           30228      Primary               Single Family                              0
     241517693            DALLAS                                     GA           30132      Primary               Single Family                              0
     241517703            ROME                                       GA           30161      Primary               Single Family                              0
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     241517751            STONE MOUNTAIN                             GA           30088      Primary               Single Family                              0
     241517871            DALLAS                                     GA           30157      Primary               Single Family                              0
     241600766            SANTA FE                                   NM           87505      Investor              Single Family                              0
     241604507            BELEN                                      NM           87002      Primary               Single Family                              0
     241604555            CARRIZOZO                                  NM           88301      Primary               Single Family                              0
     241604775            PORTALES                                   NM           88130      Primary               Single Family                              0
     241700610            MINNETONKA                                 MN           55343      Primary               PUD                                        0
     241718294            NASHUA                                     IA           50658      Primary               Single Family                              0
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     241718550            BROOKLYN PARK                              MN           55444      Primary               Single Family                              0
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     241718932            MAPLE PLAIN                                MN           55359      Primary               Single Family                              0
     241719035            BREEZY POINT                               MN           56472      Primary               Single Family                              0
     241719055            DES MOINES                                 IA           50312      Second Home           Single Family                              0
     241719070            PRIOR LAKE                                 MN           55372      Primary               Single Family                              0
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     241800974            WARREN                                     IL           61087      Primary               Single Family                              0
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     241902082            OCALA                                      FL           34471      Primary               Manufactured Housing                       0
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     241919863            JACKSONVILLE                               FL           32218      Primary               Single Family                              0
     241919974            HOLLYWOOD                                  FL           33009      Primary               Condominium                                0
     241920065            BUENA VISTA                                GA           31803      Primary               Manufactured Housing                       0
     241920097            JACKSONVILLE                               FL           32225      Primary               PUD                                        0
     241920209            HERNANDO                                   FL           34442      Primary               Single Family                              0
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     241920332            SEBRING                                    FL           33870      Primary               Single Family                              0
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     241920353            LAKELAND                                   FL           33801      Primary               Single Family                              0
     241920368            OCALA                                      FL           34481      Primary               Manufactured Housing                       0
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     241920414            NORMAN PARK                                GA           31771      Primary               Single Family                              0
     241920416            LECANTO                                    FL           34461      Primary               Manufactured Housing                       0
     241920452            JACKSONVILLE                               FL           32207      Investor              Single Family                              0
     241920483            MIRAMAR                                    FL           33027      Primary               PUD                                        0
     241920538            LAWRENCEVILLE                              GA           30044      Primary               Single Family                              0
     241920586            MIRAMAR                                    FL           33025      Primary               PUD                                        0
     241920700            JACKSONVILLE                               FL           32221      Primary               Single Family                              0
     241920804            JACKSONVILLE                               FL           32226      Primary               PUD                                        0
     242005754            SARASOTA                                   FL           34234      Primary               Single Family                              0
     242100696            CHARLOTTE                                  NC           28215      Primary               Single Family                              0
     242100970            FAYETTEVILLE                               NC           28303      Primary               Single Family                              0
     242105301            WAYNESVILLE                                NC           28786      Primary               Manufactured Housing                       0
     242105337            LEXINGTON                                  NC           27292      Primary               Single Family                              0
     242105431            DENVER                                     NC           28037      Primary               Single Family                              0
     242105444            CHARLOTTE                                  NC           28215      Primary               Single Family                              0
     242105466            KANNAPOLIS                                 NC           28081      Primary               Manufactured Housing                       0
     242105598            OAKBORO                                    NC           28129      Primary               Manufactured Housing                       0
     242117164            RURAL HALL                                 NC           27045      Primary               Single Family                              0
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     242118396            KINGS MOUNTAIN                             NC           28086      Primary               Manufactured Housing                       0
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     242118438            CHARLOTTE                                  NC           28210      Primary               Single Family                              0
     242118502            RALEIGH                                    NC           27604      Primary               Single Family                              0
     242118692            ROSEBORO                                   NC           28382      Primary               Single Family                              0
     242118843            MOORESBORO                                 NC           28114      Primary               Manufactured Housing                       0
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     242119105            LEWISVILLE                                 NC           27023      Primary               Single Family                              0
     242119140            CONCORD                                    NC           28027      Primary               Single Family                              0
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     242119195            ALBEMARLE                                  NC           28001      Primary               Single Family                              0
     242119272            WAXHAW                                     NC           28173      Primary               Single Family                              0
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     242119317            GRANITE FALLS                              NC           28630      Primary               Manufactured Housing                       0
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     242119440            STATESVILLE                                NC           28625      Investor              Single Family                              0
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     242119523            PORT ST LUCIE                              FL           34984      Primary               Single Family                              0
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     242217971            EMBLEM                                     WY           82422      Primary               Single Family                              0
     242218259            COLORADO SPRINGS                           CO           80925      Primary               Single Family                              0
     242218332            DAILEY                                     CO           80728      Primary               Single Family                              0
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     242218355            PUEBLO                                     CO           81003      Primary               Single Family                              0
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     242218754            FIRESTONE                                  CO           80504      Primary               PUD                                        0
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     242218825            AURORA                                     CO           80013      Primary               PUD                                        0
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     242307767            ORLANDO                                    FL           32808      Primary               Single Family                              0
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     242319295            DEERFIELD BEACH                            FL           33441      Primary               Townhouse                                  0
     242319639            OCALA                                      FL           34475      Primary               Single Family                              0
     242319647            JUPITER                                    FL           33458      Primary               Single Family                              0
     242319834            WINTER PARK                                FL           32792      Primary               Single Family                              0
     242319845            DELRAY BEACH                               FL           33445      Primary               Single Family                              0
     242319859            EUSTIS                                     FL           32726      Primary               Single Family                              0
     242319879            ORLANDO                                    FL           32818      Primary               Single Family                              0
     242319895            APOPKA                                     FL           32703      Primary               Single Family                              0
     242319915            HOLLYWOOD                                  FL           33020      Primary               Single Family                              0
     242319945            DELTONA                                    FL           32738      Primary               Single Family                              0
     242319949            APOPKA                                     FL           32712      Primary               Single Family                              0
     242319977            DEERFIELD BEACH                            FL           33441      Primary               Single Family                              0
     242320048            ORLANDO                                    FL           32825      Primary               Single Family                              0
     242320057            DEBARY                                     FL           32713      Primary               Single Family                              0
     242320068            JACKSONVILLE                               FL           32210      Primary               Single Family                              0
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     242320254            ORLANDO                                    FL           32811      Investor              Single Family                              0
     242320330            ORANGE CITY                                FL           32763      Primary               PUD                                        0
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     242413438            OKLAHOMA CITY                              OK           73179      Primary               Single Family                              0
     242414705            NEWCASTLE                                  OK           73065      Primary               Single Family                              0
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     242414972            OKLAHOMA CITY                              OK           73105      Investor              Single Family                              0
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     242415000            EDMOND                                     OK           73003      Primary               Single Family                              0
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     242415446            ENSIGN                                     KS           67841      Primary               Single Family                              0
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     242415576            DUNCAN                                     OK           73533      Primary               Single Family                              0
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     242620274            TROY                                       MI           48085      Primary               Single Family                              0
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     242620533            DETROIT                                    MI           48205      Primary               Single Family                              0
     242620571            DETROIT                                    MI           48238      Primary               Single Family                              0
     242620606            DETROIT                                    MI           48238      Primary               Single Family                              0
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     242712086            BIXBY                                      OK           74008      Primary               Single Family                              0
     242712127            MCALESTER                                  OK           74501      Primary               Single Family                              0
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     242819817            CASA GRANDE                                AZ           85222      Primary               Manufactured Housing                       0
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     242819999            YUMA                                       AZ           85364      Primary               Single Family                              0
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     242820155            CHANDLER                                   AZ           85224      Primary               Single Family                              0
     242820161            GILBERT                                    AZ           85234      Primary               PUD                                        0
     242820167            CHANDLER                                   AZ           85225      Primary               PUD                                        0
     242820170            PHOENIX                                    AZ           85041      Primary               PUD                                        0
     242820191            GILBERT                                    AZ           85236      Primary               PUD                                        0
     242820200            PHOENIX                                    AZ           85043      Primary               Single Family                              0
     242820219            MESA                                       AZ           85204      Primary               Single Family                              0
     242820255            PHOENIX                                    AZ           85042      Primary               Single Family                              0
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     242820411            PEORIA                                     AZ           85345      Primary               Single Family                              0
     242820423            MESA                                       AZ           85202      Primary               Single Family                              0
     242820480            PHOENIX                                    AZ           85043      Primary               PUD                                        0
     242820498            ANTHEM                                     AZ           85086      Primary               PUD                                        0
     242820513            FLORENCE                                   AZ           85232      Primary               PUD                                        0
     242820516            LAS VEGAS                                  NV           89129      Primary               PUD                                        0
     242900629            JACKSON                                    MS           39209      Investor              Single Family                              0
     242900720            JACKSON                                    MS           39209      Primary               Single Family                              0
     242900722            MOUND BAYOU                                MS           38762      Primary               Single Family                              0
     242907747            JACKSON                                    MS           39209      Investor              Single Family                              0
     242907837            CANTON                                     MS           39043      Primary               Single Family                              0
     242907846            CANTON                                     MS           39046      Investor              Single Family                              0
     242907919            EDWARDS                                    MS           39066      Primary               Single Family                              0
     242907936            JACKSON                                    MS           39213      Primary               Single Family                              0
     242907945            JACKSON                                    MS           39212      Primary               Single Family                              0
     242907948            PEARL                                      MS           39208      Primary               Single Family                              0
     242908182            JACKSON                                    MS           39206      Primary               Single Family                              0
     242922647            PERKINSTON                                 MS           39573      Primary               Single Family                              0
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     242923205            OLIVE BRANCH                               MS           38654      Primary               Single Family                              0
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     243113201            ASTORIA                                    OR           97103      Primary               Single Family                              0
     243113727            HERMISTON                                  OR           97838      Primary               Single Family                              0
     243114005            EAGLE POINT                                OR           97524      Primary               Manufactured Housing                       0
     243114037            MADRAS                                     OR           97741      Primary               Single Family                              0
     243114355            VACAVILLE                                  CA           95687      Primary               Condominium                                0
     243114358            TUALATIN                                   OR           97062      Primary               Single Family                              0
     243114435            MONROE                                     OR           97456      Primary               Single Family                              0
     243114546            CASCADE LOCKS                              OR           97014      Primary               Manufactured Housing                       0
     243114564            GRESHAM                                    OR           97080      Primary               Single Family                              0
     243114620            THE DALLES                                 OR           97058      Primary               Single Family                              0
     243114685            KEIZER                                     OR           97303      Primary               Single Family                              0
     243114706            FLORENCE                                   OR           97439      Primary               Single Family                              0
     243114732            SPRINGFIELD                                OR           97478      Primary               Single Family                              0
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     243114930            INDEPENDENCE                               OR           97351      Primary               Single Family                              0
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     243214947            WALLA WALLA                                WA           99362      Primary               PUD                                        0
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     243713853            TUCSON                                     AZ           85750      Primary               PUD                                        0
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     245606243            HIGH POINT                                 NC           27260      Primary               Single Family                              0
     245606244            GREENSBORO                                 NC           27405      Primary               Single Family                              0
     245606264            CAYCE                                      SC           29033      Primary               Single Family                              0
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     245606323            HIGH POINT                                 NC           27265      Primary               Single Family                              0
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     245606371            STANLEY                                    NC           28164      Primary               Manufactured Housing                       0
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     245708000            WEST PALM BEACH                            FL           33411      Primary               Single Family                             60
     245708006            LAKE WORTH                                 FL           33461      Primary               Single Family                              0
     245708015            TAMARAC                                    FL           33321      Primary               PUD                                       60
     245708032            MARGATE                                    FL           33063      Primary               Single Family                              0
     245708034            FORT LAUDERDALE                            FL           33313      Primary               Condominium                                0
     245708041            MIAMI                                      FL           33032      Primary               PUD                                        0
     245708044            WELLINGTON                                 FL           33414      Primary               Townhouse                                 60
     245708048            HIALEAH                                    FL           33012      Primary               Condominium                                0
     245708052            HIALEAH                                    FL           33018      Primary               Single Family                              0
     245708059            MIAMI                                      FL           33196      Primary               Single Family                              0
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     245708064            LAKE WORTH                                 FL           33467      Primary               PUD                                        0
     245708065            LAKE WORTH                                 FL           33463      Primary               Single Family                             60
     245708078            MIAMI                                      FL           33157      Primary               Single Family                              0
     245708080            FORT LAUDERDALE                            FL           33312      Primary               Single Family                              0
     245708083            FORT MYERS                                 FL           33913      Primary               PUD                                        0
     245708085            DELRAY BEACH                               FL           33445      Primary               Single Family                             60
     245708087            POMPANO BEACH                              FL           33068      Primary               PUD                                       60
     245708088            FT. LAUDERDALE                             FL           33309      Primary               Single Family                              0
     245708102            MIAMI                                      FL           33145      Primary               Single Family                             60
     245708105            MIAMI LAKES                                FL           33015      Primary               Condominium                                0
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     245708123            PEMBROKE PINES                             FL           33029      Primary               PUD                                        0
     245708126            GREENACRES                                 FL           33463      Primary               Townhouse                                  0
     245708133            MIAMI                                      FL           33170      Primary               Single Family                             60
     245708148            FORT LAUDERDALE                            FL           33314      Primary               Single Family                              0
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     245708159            MIAMI                                      FL           33186      Primary               Single Family                              0
     245708164            MIAMI                                      FL           33133      Primary               Condominium                                0
     245708165            PALM BAY                                   FL           32907      Primary               Single Family                              0
     245708171            PLANTATION                                 FL           33317      Primary               Single Family                              0
     245708174            DAVIE                                      FL           33325      Primary               PUD                                        0
     245708190            PORT SAINT LUCIE                           FL           34983      Primary               Single Family                             60
     245708197            MIAMI                                      FL           33184      Primary               Condominium                                0
     245708241            MIAMI                                      FL           33187      Primary               Single Family                              0
     245708243            WEST PALM BEACH                            FL           33415      Primary               PUD                                        0
     245708256            DAVIE                                      FL           33324      Primary               Condominium                                0
     245708260            PEMBROKE PINES                             FL           33023      Primary               Single Family                              0
     245708262            MIAMI                                      FL           33196      Primary               Single Family                              0
     245708298            MIAMI                                      FL           33135      Primary               Condominium                                0
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     245708341            ORLANDO                                    FL           32807      Primary               Single Family                             60
     245708353            HOLLYWOOD                                  FL           33023      Primary               Condominium                                0
     245708356            MARGATE                                    FL           33063      Primary               Single Family                             60
     245708361            HOMESTEAD                                  FL           33033      Primary               Single Family                              0
     245708379            WEST PALM BEACH                            FL           33415      Primary               Single Family                              0
     245708411            PEMBROKE PINES                             FL           33025      Primary               Single Family                              0
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     246009840            WHITTIER                                   CA           90605      Primary               Single Family                              0
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     246009859            NORTH EDWARDS                              CA           93523      Primary               Single Family                             60
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     246009901            LOS ANGELES                                CA           90059      Primary               Single Family                              0
     246009902            CHINO HILLS                                CA           91709      Primary               Condominium                               60
     246009913            NAVARRE                                    FL           32566      Primary               Single Family                             60
     246009923            SANTA ANA                                  CA           92704      Primary               Condominium                               60
     246009928            GRANADA HILLS                              CA           91344      Primary               Single Family                             60
     246009935            TUCSON                                     AZ           85706      Primary               Single Family                              0
     246009943            FULLERTON                                  CA           92832      Primary               Single Family                              0
     246009944            TAMPA                                      FL           33626      Primary               PUD                                        0
     246009990            MORENO VALLEY                              CA           92555      Primary               PUD                                       60
     246010003            LAKE FOREST                                CA           92630      Primary               Condominium                                0
     246010011            RIDGECREST                                 CA           93555      Primary               Single Family                             60
     246010072            UPLAND                                     CA           91786      Primary               Single Family                             60
     246010113            NEWPORT BEACH                              CA           92660      Primary               PUD                                        0
     246010128            REDLANDS                                   CA           92374      Primary               Single Family                              0
     246010136            PALMDALE                                   CA           93591      Primary               Single Family                             60
     246010140            PICO RIVERA                                CA           90660      Primary               PUD                                       60
     246010154            LONG BEACH                                 CA           90804      Primary               Condominium                               60
     246010157            REDLANDS                                   CA           92374      Primary               Condominium                                0
     246010165            TUSTIN                                     CA           92782      Primary               Condominium                               60
     246010166            CORONA                                     CA           92882      Primary               Condominium                               60
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     246205382            DOVER-FOXCROFT                             ME           04426      Primary               Single Family                              0
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     246205398            NORTH KINGSTOWN                            RI           02852      Primary               Single Family                              0
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     246205414            PROVIDENCE                                 RI           02907      Primary               Single Family                             60
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     246205490            MANCHESTER                                 CT           06040      Primary               Single Family                              0
     246205504            GROTON                                     CT           06340      Primary               Condominium                                0
     246205506            CHESHIRE                                   CT           06410      Primary               Single Family                              0
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     246404488            CHANDLER                                   AZ           85249      Primary               PUD                                        0
     246404490            SANTEE                                     CA           92071      Primary               Single Family                             60
     246404501            LOS ANGELES                                CA           90059      Primary               Single Family                             60
     246404542            ORLANDO                                    FL           32818      Primary               PUD                                        0
     246404591            CHINO                                      CA           91710      Primary               Single Family                              0
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     246808107            FLORISSANT                                 MO           63031      Primary               Single Family                              0
     246808109            SAINT LOUIS                                MO           63137      Primary               Single Family                              0
     246808134            SAINT LOUIS                                MO           63111      Primary               Single Family                              0
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     246808149            ST. CHARLES                                MO           63303      Primary               Single Family                              0
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     246808180            FRANKLIN                                   TN           37064      Primary               PUD                                        0
     246808192            SEVIERVILLE                                TN           37876      Primary               Single Family                              0
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     246808212            LEXINGTON                                  KY           40516      Primary               PUD                                        0
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     246903716            HYATTSVILLE                                MD           20781      Primary               Single Family                              0
     246903725            PHILADELPHIA                               PA           19149      Primary               Townhouse                                  0
     246903734            HANOVER                                    PA           17331      Primary               Condominium                                0
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     247305256            QUEEN CREEK                                AZ           85242      Primary               PUD                                       60
     247305460            LITCHFIELD PARK                            AZ           85340      Primary               PUD                                        0
     247305463            YOUNGTOWN                                  AZ           85363      Primary               PUD                                        0
     247305501            PHOENIX                                    AZ           85031      Primary               Condominium                                0
     247305511            SURPRISE                                   AZ           85379      Primary               PUD                                        0
     247305512            QUEEN CREEK                                AZ           85242      Primary               PUD                                       60
     247305565            TUCSON                                     AZ           85712      Primary               Single Family                             60
     247305566            QUEEN CREEK                                AZ           85242      Primary               PUD                                       60
     247305577            SURPRISE                                   AZ           85379      Primary               PUD                                        0
     247305585            SURPRISE                                   AZ           85374      Primary               PUD                                        0
     247305595            BUCKEYE                                    AZ           85326      Primary               Manufactured Housing                       0
     247305598            SURPRISE                                   AZ           85374      Primary               Single Family                              0
     247305602            PHOENIX                                    AZ           85019      Primary               Single Family                              0
     247305618            GILBERT                                    AZ           85296      Primary               PUD                                        0
     247305632            GILBERT                                    AZ           85296      Primary               PUD                                       60
     247305634            QUEEN CREEK                                AZ           85242      Primary               PUD                                       60
     247305651            PHOENIX                                    AZ           85044      Primary               PUD                                        0
     247305662            SEFFORD                                    AZ           85546      Primary               Single Family                              0
     247305664            PHEONIX                                    AZ           85033      Primary               Single Family                              0
     247305671            CHANDLER                                   AZ           85249      Primary               Single Family                              0
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     247404400            MCALLEN                                    TX           78501      Primary               Single Family                              0
     247404470            SANFORD                                    FL           32771      Primary               Single Family                             60
     247404480            GLENDALE                                   AZ           85303      Primary               Single Family                              0
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     247404485            WINNSBORO                                  TX           75494      Primary               Single Family                              0
     247404496            DAYTONA BEACH                              FL           32117      Primary               Single Family                              0
     247404548            DALLAS                                     TX           75240      Primary               Condominium                                0
     247404557            SUNRISE                                    FL           33351      Primary               Condominium                                0
     247404580            SANBORN                                    IA           51248      Primary               Single Family                              0
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     247404737            HALTOM CITY                                TX           76137      Primary               Single Family                              0
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     247404906            ANKENY                                     IA           50021      Primary               Single Family                              0
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     247603409            WEST PALM BEACH                            FL           33407      Primary               PUD                                        0
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     247603414            ORLANDO                                    FL           32818      Primary               PUD                                        0
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     248605579            KISSIMMEE                                  FL           34759      Primary               PUD                                       60
     248605580            MESA                                       AZ           85210      Primary               Single Family                              0
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     248605594            MESA                                       AZ           85208      Primary               Single Family                              0
     248605600            COLORADO SPRINGS                           CO           80918      Primary               Single Family                              0
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     248605612            HOLIDAY                                    FL           34691      Primary               Single Family                             60
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     248605627            KISSIMMEE                                  FL           34759      Primary               Single Family                              0
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     248605635            FERNANDINA BEACH                           FL           32034      Primary               PUD                                       60
     248605640            MESA                                       AZ           85208      Primary               Single Family                              0
     248605643            COLORADO SPRINGS                           CO           80922      Primary               PUD                                        0
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     248605651            PORTERVILLE                                CA           93257      Primary               Single Family                             60
     248605654            MIDDLEBURG                                 FL           32068      Primary               Single Family                              0
     248605655            CHANDLER                                   AZ           85225      Primary               Single Family                              0
     248605656            PORTERVILLE                                CA           93257      Primary               Single Family                              0
     248605661            HOLIDAY                                    FL           34691      Primary               Single Family                              0
     248605663            DELRAY BEACH                               FL           33445      Primary               PUD                                        0
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     248605677            RENTON                                     WA           98058      Primary               Condominium                               60
     248605681            MESA                                       AZ           85207      Primary               Single Family                              0
     248605683            SPRING HILL                                FL           34608      Primary               Single Family                              0
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     248605698            LAFAYETTE                                  CO           80026      Primary               PUD                                       60
     248605707            BRADENTON                                  FL           34209      Primary               Condominium                                0
     248605712            PORTERVILLE                                CA           93257      Primary               Single Family                              0
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     248605724            PORTERVILLE                                CA           93257      Primary               Single Family                              0
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     250800277            FAIRFAX                                    VA           22032      Primary               Single Family                              0
     250800285            CHANTILLY                                  VA           20151      Primary               Condominium                                0
     250800289            UPPER MARLBORO                             MD           20772      Primary               Single Family                              0
     250800290            GAITHERSBURG                               MD           20878      Primary               Townhouse                                  0
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     250800318            STEPHENS CITY                              VA           22655      Primary               Single Family                              0
     250800346            STAFFORD                                   VA           22556      Primary               Single Family                              0
     250800357            ROCKVILLE                                  MD           20850      Primary               Single Family                              0
     250800361            UPPER MARLBORO                             MD           20774      Primary               Single Family                             60
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     250800419            LAUREL                                     MD           20707      Primary               Townhouse                                  0
     250800424            FAIRFAX                                    VA           22033      Primary               Condominium                                0
     250800437            VIRGINIA BEACH                             VA           23462      Primary               PUD                                        0
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     250800466            LORTON                                     VA           22079      Primary               Townhouse                                 60
     250800471            HAYES                                      VA           23072      Primary               Single Family                              0
     250800490            MECHANICSVILLE                             VA           23116      Primary               Single Family                             60
     250800528            CHESAPEAKE                                 VA           23321      Primary               Single Family                              0
     250800547            CHESAPEAKE                                 VA           23320      Primary               Single Family                              0
     250900887            RHOADESVILLE                               VA           22542      Primary               Single Family                              0
     250900895            JONESVILLE                                 NC           28642      Primary               Single Family                              0
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     250900921            MENLO                                      GA           30731      Primary               Single Family                              0
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     250900952            ORANGEBURG                                 SC           29115      Primary               Single Family                              0
     250900954            SHELTON                                    CT           06484      Primary               Condominium                                0
     250900957            NORWALK                                    CT           06851      Primary               Single Family                              0
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     250901010            HARTFORD                                   CT           06105      Investor              Condominium                                0
     250901041            DOVER                                      DE           19904      Primary               Single Family                              0
     250901058            ELIZABETH CITY                             NC           27909      Primary               Single Family                              0
     250901067            MECHANICSVILLE                             VA           23116      Primary               Single Family                              0
     251100651            LIVE OAK                                   CA           95953      Primary               Single Family                             60
     251100682            CITRUS HEIGHTS                             CA           95610      Primary               Single Family                              0
     251100693            LOS BANOS                                  CA           93635      Primary               Single Family                             60
     251100698            SALINAS                                    CA           93906      Primary               Single Family                              0
     251100703            OAKLAND                                    CA           94603      Primary               Single Family                             60
     251100706            SAN JOSE                                   CA           95122      Primary               Single Family                             60
     251100714            HAYWARD                                    CA           94541      Primary               Single Family                             60
     251100715            ELK GROVE                                  CA           95758      Primary               Single Family                             60
     251100729            SACRAMENTO                                 CA           95827      Primary               Single Family                             60
     251100731            LINCOLN                                    CA           95648      Primary               Single Family                              0
     251100747            ANTELOPE                                   CA           95843      Primary               Single Family                             60
     251100764            WINTON                                     CA           95388      Primary               Single Family                             60
     251100772            OAKLAND                                    CA           94608      Primary               Single Family                              0
     251100783            FAIR OAKS                                  CA           95628      Primary               Condominium                                0
     251100786            FAIR OAKS                                  CA           95628      Primary               Condominium                                0
     251100829            STOCKTON                                   CA           95206      Primary               Single Family                              0
     251100843            HAYWARD                                    CA           94544      Primary               Single Family                             60
     251100844            ANTIOCH                                    CA           94509      Primary               PUD                                        0
     251100861            CITRUS HEIGHTS                             CA           95610      Primary               Single Family                              0
     251100872            UNION CITY                                 CA           94587      Primary               Single Family                              0
     251100893            DIAMOND SPRINGS                            CA           95619      Primary               Single Family                              0
     251201053            CHANDLER                                   IN           47610      Primary               Single Family                              0
     251201103            ST. LOUIS                                  MO           63147      Primary               Single Family                              0
     251201124            HAMILTON                                   OH           45011      Primary               Single Family                              0
     251201196            SOLSBERRY                                  IN           47459      Primary               Single Family                              0
     251201206            ELKHART                                    IN           46516      Primary               Single Family                              0
     251301254            BROOK PARK                                 OH           44142      Primary               Single Family                              0
     251301301            TOLEDO                                     OH           43608      Primary               Single Family                              0
     251301305            HILLSBORO                                  OH           45133      Primary               Manufactured Housing                       0
     251301315            KNOXVILLE                                  TN           37909      Primary               Single Family                              0
     251301331            GARFIELD HEIGHTS                           OH           44125      Primary               Single Family                              0
     251400937            RHODODENDRON                               OR           97049      Primary               Single Family                              0
     251400972            GERVAIS                                    OR           97026      Primary               Single Family                              0
     251401004            TACOMA                                     WA           98402      Primary               Condominium                                0
     251401008            TACOMA                                     WA           98406      Primary               Condominium                                0
     251401040            GRAHAM                                     WA           98338      Primary               Manufactured Housing                       0
     251401062            PORTLAND                                   OR           97266      Primary               Single Family                              0
     251401093            KINGSTON                                   WA           98346      Primary               Single Family                             60
     251401143            SPOKANE                                    WA           99205      Primary               Single Family                              0
     251401148            LYNNWOOD                                   WA           98037      Primary               Single Family                              0
     251401183            VANCOUVER                                  WA           98661      Primary               Single Family                              0
     251401198            TACOMA                                     WA           98407      Primary               Single Family                              0
     251401234            YAKIMA                                     WA           98908      Primary               Single Family                              0
     251500889            NAMPA                                      ID           83687      Primary               Single Family                              0
     251500916            HERMISTON                                  OR           97838      Primary               Manufactured Housing                       0
     251500941            TACOMA                                     WA           98407      Primary               Single Family                              0
     251500947            SALEM                                      OR           97301      Primary               Single Family                             60
     251500956            SANDPOINT, ID                              ID           83864      Primary               Single Family                              0
     251500982            BLACKFOOT                                  ID           83221      Primary               Single Family                              0
     251501002            SHOSHONE                                   ID           83352      Primary               Single Family                              0
     251501028            REDMOND                                    WA           98052      Primary               Condominium                               60
     251501032            MOUNTAIN HOME                              ID           83647      Primary               Single Family                              0
     251501044            MEDFORD                                    OR           97501      Primary               Manufactured Housing                       0
     251501047            PASCO                                      WA           99301      Primary               Manufactured Housing                       0
     251501065            CLE ELUM                                   WA           98922      Primary               Manufactured Housing                       0
     251501070            KENNEWICK                                  WA           99337      Primary               Manufactured Housing                       0
     251501086            FEDERAL WAY                                WA           98023      Primary               Single Family                              0
     251501135            KENT                                       WA           98031      Primary               PUD                                       60
     251501162            TACOMA                                     WA           98404      Primary               Single Family                              0
     251501165            GREAT FALLS                                MT           59401      Primary               Single Family                              0
     251501197            CENTRAL POINT                              OR           97502      Primary               Single Family                              0
     251501199            COVINGTON                                  WA           98042      Primary               Single Family                              0
     251600978            BRIGHAM                                    UT           84302      Primary               Single Family                              0
     251601038            PLEASANT GROVE                             UT           84062      Primary               Single Family                              0
     251601169            SPANISH FORK                               UT           84660      Primary               Single Family                              0
     251601213            OGDEN                                      UT           84404      Primary               Single Family                              0
     251601218            WOODINVILLE                                WA           98072      Primary               Condominium                                0
     251601284            RENTON                                     WA           98056      Primary               Single Family                              0
     251601290            EVERETT                                    WA           98204      Primary               Condominium                                0
     251601321            NIBLEY                                     UT           84321      Primary               Single Family                              0
     251601351            TAYLORSVILLE                               UT           84118      Primary               Single Family                              0
     251601352            TAYLORSVILLE                               UT           84118      Primary               Single Family                              0
     251601362            MOUNTLAKE TERRACE                          WA           98043      Primary               Single Family                             60
     251601373            STANWOOD                                   WA           98292      Primary               Single Family                             60
     251601388            YAKIMA                                     WA           98902      Primary               Single Family                              0
     251601389            YAKIMA                                     WA           98902      Primary               Single Family                              0
     252004760            GEORGETOWN                                 KY           40324      Primary               Single Family                              0
     252004802            DEFIANCE                                   OH           43512      Primary               Single Family                              0
     252004856            INDIANAPOLIS                               IN           46260      Primary               Single Family                              0
     252004868            SUNMAN                                     IN           47041      Primary               Single Family                              0
     252004887            HOPE                                       IN           47246      Primary               Single Family                              0
     252004960            KEWANNA                                    IN           46939      Primary               Single Family                              0
     252005002            KOKOMO                                     IN           46901      Primary               Single Family                              0
     252005034            DENMARK                                    WI           54208      Primary               Single Family                              0
     252005046            MINNEAPOLIS                                MN           55401      Primary               Condominium                                0
     252005053            INDIANAPOLIS                               IN           46228      Primary               Single Family                              0
     252005082            INDIANAPOLIS                               IN           46217      Primary               Single Family                              0
     252005096            BEECH GROVE                                IN           46107      Primary               Single Family                              0
     252005109            OWATONNA                                   MN           55060      Primary               Single Family                              0
     252005137            FORT WAYNE                                 IN           46807      Primary               Single Family                              0
     252205402            GARCIASVILLE                               TX           78547      Primary               Single Family                              0
     252205571            CANAAN                                     ME           04924      Primary               Single Family                              0
     252205656            ROCKPORT                                   TX           78382      Primary               Single Family                              0
     252205925            BENNETTSVILLE                              SC           29512      Primary               Single Family                              0
     252206168            BRICK                                      NJ           08724      Primary               Single Family                              0
     252206194            VIRGINIA BEACH                             VA           23452      Primary               Condominium                                0
     252206225            LAKE BAY                                   WA           98349      Primary               Manufactured Housing                       0
     252206278            PORT ST LUCIE                              FL           34953      Primary               Single Family                              0
     252206356            KISSIMMEE                                  FL           34744      Primary               Single Family                              0
     252206398            ALBANY                                     NY           12202      Primary               Two-Four Family                            0
     252206601            CLAY CENTER                                KS           67432      Primary               Single Family                              0
     252402166            OCEAN CITY                                 NJ           08226      Primary               Condominium                                0
     252405038            SARASOTA                                   FL           34237      Primary               Single Family                              0
     252405039            CAPE CORAL                                 FL           33904      Primary               Single Family                              0
     252405092            ORANGE PARK                                FL           32003      Primary               Single Family                              0
     252405120            BRADENTON                                  FL           34203      Primary               PUD                                        0
     252405199            CLEVELAND                                  TN           37323      Primary               Single Family                              0
     252405263            CROYDON                                    PA           19021      Primary               Single Family                              0
     252405272            SHREVEPORT                                 LA           71109      Primary               Single Family                              0
     252405280            DETROIT                                    MI           48228      Primary               Single Family                              0
     252405303            HAMPTON                                    VA           23666      Primary               Single Family                              0
     252405313            LA FERIA                                   TX           78559      Primary               Single Family                              0
     252405353            TECUMSEH                                   MI           49286      Primary               Single Family                              0
     252405394            RIDGECREST                                 CA           93555      Primary               Single Family                              0
     252405412            FORKED RIVER                               NJ           08731      Primary               Single Family                              0
     252405454            SPOKANE                                    WA           99205      Primary               Single Family                              0
     252405458            PORT SAINT LUCIE                           FL           34986      Primary               Single Family                              0
     252405512            SAN ANTONIO                                TX           78221      Primary               Single Family                              0
     252405569            MALAKOFF                                   TX           75148      Primary               Single Family                              0
     252405602            SHERMAN                                    TX           75092      Primary               Single Family                              0
     252405626            LIVE OAK                                   FL           32060      Primary               Single Family                              0
     252405628            NORTH LAS VEGAS                            NV           89031      Primary               PUD                                        0
     252405643            EAST BRUNSWICK                             NJ           08816      Primary               Single Family                              0
     252405647            FORT WALTON BEACH                          FL           32547      Primary               Single Family                              0
     252405659            ROCHESTER                                  NY           14624      Primary               Single Family                              0
     252405679            JACKSONVILLE                               FL           32257      Primary               Single Family                              0
     252405705            TUCSON                                     AZ           85741      Primary               Single Family                              0
     252405711            ANTIOCH                                    CA           94531      Primary               Single Family                              0
     252405755            WOODBRIDGE                                 VA           22193      Primary               Single Family                              0
     252405768            BREMEN                                     GA           30110      Primary               Single Family                              0
     252405964            MINFORD                                    OH           45653      Primary               Single Family                              0
     252505413            RICHMOND                                   TX           77469      Primary               Single Family                              0
     252505561            PALMDALE                                   CA           93552      Primary               Single Family                              0
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     252505651            TABERG                                     NY           13471      Primary               Single Family                              0
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     252505667            ROCKPORT                                   TX           78382      Primary               Single Family                              0
     252505688            SANFORD                                    FL           32771      Primary               Single Family                              0
     252505751            NEW CASTLE                                 DE           19720      Primary               Single Family                              0
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     252505832            FARMINGTON                                 MO           63640      Primary               Single Family                              0
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     252505947            GAINESVILLE                                TX           76240      Primary               Single Family                              0
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     252505965            PALM SPRINGS                               CA           92264      Primary               Single Family                              0
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     252505991            ALBERTSON                                  NY           11507      Primary               Single Family                              0
     252506001            GARDEN GROVE                               CA           92840      Primary               Single Family                              0
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     252506020            PHILADELPHIA                               PA           19150      Primary               Single Family                              0
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     252506180            LARGO                                      FL           33771      Primary               Single Family                              0
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     252809085            ORLANDO                                    FL           32835      Primary               Single Family                              0
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     259700084            KANSAS CITY                                KS           66104      Primary               Single Family                              0
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     259917530            MIAMI                                      FL           33189      Primary               Single Family                             36
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     259917634            WICHITA                                    KS           67217      Primary               Single Family                              0
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     259917649            TEWNTYNINE PALMS                           CA           92277      Primary               Single Family                              0
     259917664            ORLANDO                                    FL           32829      Primary               PUD                                        0
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     259917712            VALLEJO                                    CA           94589      Primary               Single Family                              0
     259917720            MARGATE                                    FL           33063      Primary               PUD                                        0
     259917723            HIALEAH                                    FL           33015      Primary               PUD                                        0
     259917728            DELRAY BEACH                               FL           33444      Primary               Single Family                              0
     259917734            TAMARAC                                    FL           33321      Primary               PUD                                        0
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     259917744            MIAMI                                      FL           33142      Primary               Single Family                              0
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     259917787            TROY                                       NY           12182      Primary               Single Family                              0
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     259917844            ORLANDO                                    FL           32807      Primary               Single Family                              0
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     259917915            LAKE WORTH                                 FL           33463      Primary               Single Family                              0
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     281200237            CASA GRANDE                                AZ           85222      Primary               PUD                                        0
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     285302829            COLD SPRINGS                               NV           89506      Primary               PUD                                        0
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     285703530            LAS VEGAS                                  NV           89117      Primary               PUD                                        0
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     285703766            LAS VEGAS                                  NV           89156      Primary               Single Family                              0
     285703853            LAS VEGAS                                  NV           89145      Primary               Single Family                              0
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     285901410            SURPRISE                                   AZ           85379      Primary               PUD                                        0
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     286400058            RENO                                       NV           89506      Primary               Condominium                                0
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     286600030            NAPA                                       CA           94558      Primary               Single Family                             60
     286600039            DIXON                                      CA           95620      Primary               Single Family                             60
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     286600041            SPRING BRANCH                              TX           78070      Primary               PUD                                        0
     286600043            DIXON                                      CA           95620      Primary               Single Family                              0
     286600047            SPRING BRANCH                              TX           78070      Primary               PUD                                        0
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     286600065            WINSTON-SALEM                              NC           27106      Primary               Single Family                              0
     286600067            HAMDEN                                     CT           06518      Primary               Single Family                             60
     286600070            HEALDSBURG                                 CA           95448      Primary               PUD                                       60
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     286600089            RALEIGH                                    NC           27616      Primary               Single Family                             60
     286600093            RALEIGH                                    NC           27616      Primary               Single Family                              0
     286600094            EGG HARBOR                                 NJ           08234      Primary               Single Family                              0
     286600098            HOUSTON                                    TX           77015      Primary               PUD                                        0
     286600100            FORT BRAGG                                 CA           95437      Primary               Single Family                             60
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     286600140            NAPA                                       CA           94558      Primary               Single Family                             60
     286600145            OAK RIDGE                                  NC           27310      Primary               PUD                                       60
     286600147            CLOVERDALE                                 CA           95425      Primary               Single Family                             60
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     286600154            MEDFORD                                    OR           97504      Primary               Single Family                              0
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     286600179            MODESTO                                    CA           95350      Primary               Single Family                             60
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     286600188            GREENSBORO                                 NC           27410      Primary               PUD                                        0
     286600233            GREENSBORO                                 NC           27410      Primary               Condominium                                0
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     286600252            SAN ANTONIO                                TX           78250      Primary               Single Family                              0
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     286600260            KELSEYVILLE                                CA           95451      Primary               PUD                                        0
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     289001562            SAN PABLO                                  CA           94806      Primary               Single Family                              0
     289001605            FAIRFIELD                                  CA           94533      Primary               Single Family                              0
     289102552            FLORIDA                                    NY           10921      Primary               Single Family                              0
     289103158            CHICKASHA                                  OK           73018      Primary               Single Family                              0
     289103169            DALLAS                                     TX           75232      Primary               Single Family                              0
     289103204            MCKINNEY                                   TX           75070      Primary               Single Family                              0
     289103277            PETERSBURG                                 VA           23805      Investor              Single Family                              0
     289103284            PORTSMOUTH                                 VA           23707      Primary               Single Family                              0
     289202585            TELFORD                                    PA           18969      Primary               Single Family                              0
     289202628            BANGS                                      TX           76823      Primary               Single Family                              0
     289202673            NIAGARA FALLS                              NY           14305      Primary               Single Family                              0
     289202713            WATERBURY                                  CT           06708      Primary               Single Family                              0
     289202886            CLEMENTON                                  NJ           08021      Primary               Condominium                                0
     289203005            HUNTINGTON                                 NY           11743      Primary               Single Family                              0
     289203104            DICKINSON                                  TX           77539      Primary               PUD                                        0
     289203142            CENTEREACH                                 NY           11720      Primary               Single Family                              0
     289203150            PELION                                     SC           29123      Primary               Single Family                              0
     289203167            TEXAS CITY                                 TX           77590      Primary               Single Family                              0
     289203181            PLEASANT LAKE                              IN           46779      Primary               Manufactured Housing                       0
     289203186            BAYTOWN                                    TX           77521      Primary               Single Family                              0
     289203204            GREEN COVE SPRINGS                         FL           32043      Primary               Single Family                              0
     289203222            GREENWOOD LAKE                             NY           10925      Primary               Single Family                              0
     289203437            ROUND ROCK                                 TX           78664      Primary               Single Family                              0
     289203487            CINCINNATI                                 OH           45239      Primary               Single Family                              0
     289301511            JACKSONVILLE                               FL           32211      Primary               Single Family                              0
     289301894            HAYWARD                                    CA           94545      Primary               Single Family                              0
     289301899            JAMAICA PLAIN                              MA           02130      Primary               Two-Four Family                            0
     289301918            MAINEVILLE                                 OH           45039      Primary               Single Family                              0
     289301946            MEDFORD                                    OR           97504      Primary               Single Family                              0
     289302097            NORRISTOWN                                 PA           19403      Primary               Single Family                              0
     289302133            DALLAS                                     TX           75211      Primary               Single Family                              0
     289302287            HOUSTON                                    TX           77083      Primary               PUD                                        0
     289401190            LANCASTER                                  CA           93536      Primary               Condominium                                0
     289401282            BIGGS                                      CA           95917      Primary               Single Family                              0
     289401389            OMAHA                                      NE           68107      Primary               Single Family                              0
     289401461            INDIANAPOLIS                               IN           46221      Primary               Single Family                              0
     289401468            VALLEY                                     NE           68064      Primary               Single Family                              0
     289401545            BROOKLYN                                   IA           52211      Primary               Single Family                              0
     289401567            SEBRING                                    FL           33872      Investor              Single Family                              0
     289401929            SPRING VALLEY                              NY           10977      Primary               Single Family                              0
     289401954            TORRINGTON                                 CT           06790      Primary               Single Family                              0
     289402013            RIEGELSVILLE                               PA           18077      Primary               Single Family                              0
     289402161            SOUTH BAY                                  FL           33493      Primary               Single Family                              0
     289402314            HOBBS                                      NM           88240      Primary               Single Family                              0
     289402345            DAVENPORT                                  FL           33897      Primary               Single Family                              0
     289402478            MANCHESTER                                 NH           03103      Primary               Single Family                              0
     289500244            PEPPERELL                                  MA           01463      Primary               Single Family                             60
     289500274            STAFFORD                                   VA           22554      Primary               Single Family                              0
     289500275            ELIZABETH                                  PA           15037      Primary               Single Family                              0
     289500278            NORTH HUNTINGDON                           PA           15642      Primary               Single Family                              0
     289500284            SUITLAND                                   MD           20746      Primary               Single Family                              0
     289500297            DERBY                                      CT           06418      Primary               Single Family                              0
     289500304            STOCKBRIDGE                                VT           05772      Primary               Single Family                              0
     289500305            DRAVOSBURG                                 PA           15034      Primary               Single Family                              0
     289500307            SOUTHPORT                                  CT           06490      Primary               Single Family                              0
     289500315            BELLEFONTE                                 PA           16823      Primary               Single Family                              0
     289500339            TRENTON                                    NJ           08618      Primary               Single Family                              0
     289500340            ROANOKE                                    VA           24017      Primary               Single Family                              0
     289500349            BUSTI                                      NY           14750      Primary               Single Family                              0
     289500374            PITTSBURGH                                 PA           15206      Primary               Single Family                              0
     289500400            RICHMOND                                   VA           23229      Primary               Single Family                              0
     289500401            HAZLETON                                   PA           18202      Primary               Single Family                              0
     289500408            WHITE OAK                                  PA           15131      Primary               Single Family                              0
     289500413            ELMIRA                                     NY           14904      Primary               Single Family                              0
     289500425            MONTCLAIR                                  NJ           07042      Primary               Single Family                              0
     289500434            PHILADELPHIA                               PA           19138      Primary               Townhouse                                  0
     289500435            RICHMOND                                   VA           23237      Primary               Single Family                              0
     289600248            ONTARIO                                    CA           91762      Primary               Single Family                              0
     289600302            PALMDALE                                   CA           93551      Primary               Single Family                             60
     289600406            LOS ANGELES                                CA           90003      Primary               Single Family                             60
     289600411            RIVERSIDE                                  CA           92505      Primary               Single Family                             60
     289600420            BAKERSFIELD                                CA           93313      Primary               Single Family                              0
     289600480            LANCASTER                                  CA           93536      Primary               Single Family                             60
     289600485            GARDENA                                    CA           90247      Primary               Single Family                              0
     289600537            BREA                                       CA           92821      Primary               Single Family                             60
     289600567            RIVERSIDE                                  CA           92507      Primary               Condominium                                0
     289600591            BEAUMONT                                   CA           92223      Primary               Single Family                              0
     289600603            RIVERSIDE                                  CA           92503      Primary               Single Family                             60
     289600614            PALMDALE                                   CA           93551      Primary               Single Family                             60
     289600631            SAN JACINTO                                CA           92583      Primary               Single Family                              0
     289600696            WINNETKA                                   CA           91306      Primary               Single Family                              0
     289801683            BENTON CITY                                WA           99320      Primary               Manufactured Housing                       0
     289801732            BELLVILLE                                  TX           77418      Primary               Single Family                              0
     289801777            KATY                                       TX           77450      Primary               PUD                                        0
     289802111            SAN AUGUSTINE                              TX           75972      Primary               Single Family                              0
     289802141            EL PASO                                    TX           79935      Primary               Single Family                              0
     289802253            EL PASO                                    TX           79925      Primary               Single Family                              0
     289900006            ETTERS                                     PA           17319      Primary               Single Family                              0
     289900608            CHRISTMAS                                  FL           32709      Primary               Manufactured Housing                       0
     289901035            PORT ORCHARD                               WA           98366      Primary               PUD                                        0
     289901266            JUPITER                                    FL           33458      Primary               Single Family                              0
     289901306            SARASOTA                                   FL           34232      Primary               Single Family                              0
     289901324            MEMPHIS                                    TN           38118      Primary               Single Family                              0
     289901441            TALLAHASSEE                                FL           32309      Primary               Single Family                              0
     289901710            DEVILLE                                    LA           71328      Primary               Single Family                              0
     289901772            LAGRANGE                                   GA           30240      Primary               Single Family                              0
     289901879            BALTIMORE                                  MD           21234      Primary               Single Family                              0
     289901904            STRATFORD                                  CT           06615      Primary               Condominium                                0
     289901920            CANTON                                     GA           30114      Primary               Single Family                              0
     289902040            BEAUFORT                                   SC           29907      Primary               Single Family                              0
     289902055            ROCHESTER                                  NY           14613      Primary               Single Family                              0
     289902188            BALTIMORE                                  MD           21229      Primary               Single Family                              0
     290000005            ARCHER CITY                                TX           76351      Primary               Single Family                              0
     290000064            MABANK                                     TX           75147      Primary               Single Family                              0
     290000095            CONROE                                     TX           77301      Primary               Single Family                              0
     290200743            SHEPHERD                                   MI           48883      Primary               Single Family                              0
     290200828            PHOENIX                                    AZ           85032      Primary               Single Family                              0
     290200878            SCAPPOOSE                                  OR           97056      Primary               Manufactured Housing                       0
     290201420            PORTLAND                                   OR           97266      Primary               Single Family                              0
     290201448            GLENDALE                                   AZ           85301      Primary               Single Family                              0
     290300076            SACRAMENTO                                 CA           95822      Primary               Single Family                              0
     290300109            ADELANTO                                   CA           92301      Primary               Manufactured Housing                       0
     290300275            TOMBSTONE                                  AZ           85638      Primary               Single Family                              0
     290300517            TUCSON                                     AZ           85747      Primary               PUD                                        0
     290300548            OLYMPIA                                    WA           98506      Primary               Single Family                              0
     290300549            RHODODENDRON                               OR           97049      Primary               Single Family                              0
     290300592            TUCSON                                     AZ           85743      Primary               Manufactured Housing                       0
     290300634            MARICOPA                                   AZ           85239      Primary               Single Family                              0
     290300746            VANCOUVER                                  WA           98682      Primary               Single Family                              0
     290300758            TUCSON                                     AZ           85746      Primary               PUD                                        0
     290300927            SCOTTSDALE                                 AZ           85257      Primary               PUD                                        0
     290301015            TUCSON                                     AZ           85730      Primary               Single Family                              0
     290301108            TRACY                                      CA           95376      Primary               Single Family                              0
     290301381            MARIETTA                                   OH           45750      Primary               Single Family                              0
     290301407            SPRING VALLEY                              CA           91978      Primary               PUD                                        0
     290301559            PHOENIX                                    AZ           85041      Primary               PUD                                        0
     290400004            REEDLEY                                    CA           93654      Primary               Single Family                              0
     290400011            SAN FRANCISCO                              CA           94134      Primary               Townhouse                                  0
     290400259            PHOENIX                                    AZ           85006      Primary               Single Family                              0
     290400615            PALMYRA                                    MI           49268      Primary               Single Family                              0
     290500025            CARMICHAEL                                 CA           95608      Primary               Single Family                              0
     290500029            ANTELOPE                                   CA           95843      Primary               Single Family                              0
     290500569            SHANDON                                    CA           93461      Primary               Single Family                              0
     290600077            SALINAS                                    CA           93906      Primary               Single Family                              0
     290600154            BOTHELL                                    WA           98021      Primary               Single Family                              0
     290800024            VISALIA                                    CA           93292      Primary               Single Family                              0
     290900066            LAS VEGAS                                  NV           89147      Primary               PUD                                        0
     291000024            FORESTVILLE                                MD           20747      Primary               Single Family                              0
     291000084            UPPER MARLBORO                             MD           20772      Primary               Single Family                              0
     291000114            BALTIMORE                                  MD           21227      Primary               Single Family                              0
     291000136            WESTMINSTER                                MD           21157      Primary               Single Family                              0
     291000173            TOWSON                                     MD           21212      Primary               Single Family                              0
     291000206            GWYNN OAK                                  MD           21207      Primary               Single Family                              0
     291000234            COLUMBIA                                   MD           21044      Primary               Condominium                                0
     291000250            SPARROWS POINT                             MD           21219      Primary               Single Family                              0
     291000257            BALTIMORE                                  MD           21237      Primary               Single Family                              0
     291000349            MIDDLE RIVER                               MD           21220      Primary               Single Family                              0
     291000406            OWINGS MILLS                               MD           21117      Primary               Single Family                              0
     291100015            LINCOLN                                    CA           95648      Primary               Single Family                              0
     291100043            LOS ALAMITOS                               CA           90720      Primary               Single Family                              0
     291100075            PEORIA                                     AZ           85345      Investor              Single Family                              0
     291100117            LATHROP                                    CA           95330      Primary               Single Family                              0
     291100153            LOS ANGELES                                CA           90034      Primary               Single Family                              0
     291100234            SACRAMENTO                                 CA           95828      Primary               Single Family                              0
     291100444            ALHAMBRA                                   CA           91801      Second Home           Single Family                              0
     291300090            VIRGINIA BEACH                             VA           23462      Primary               PUD                                        0

                                           IO Remaining
    Loan Number                                 Term     Original Term      Remaining Term        LTV         Note Rate       First Pay Date       Maturity Date
-------------------                        ------------  --------------     --------------       -----        ---------       --------------       -------------
     148902757                                    0         360                 344                 90           7.99            8/1/2004            7/1/2034
     148903494                                    0         180                 169                100           8.99            1/1/2005           12/1/2019
     148903544                                   55         360                 355                 80           6.75            7/1/2005            6/1/2035
     148903593                                    0         360                 350                 80           7.05            2/1/2005            1/1/2035
     148903683                                   50         360                 350                 80           6.19            2/1/2005            1/1/2035
     148903848                                    0         360                 351                 90            7.1            3/1/2005            2/1/2035
     148903879                                    0         180                 171                100           9.99            3/1/2005            2/1/2020
     148903910                                   56         360                 356                 80           6.65            8/1/2005            7/1/2035
     148903977                                    0         360                 356                 90           7.24            8/1/2005            7/1/2035
     148904068                                    0         360                 353                 80           5.75            5/1/2005            4/1/2035
     148904107                                   57         360                 357                 90            6.4            9/1/2005            8/1/2035
     148904181                                   57         360                 357                 80            6.5            9/1/2005            8/1/2035
     148904192                                   56         360                 356                 80           6.75            8/1/2005            7/1/2035
     148904196                                   58         360                 358                 80              7           10/1/2005            9/1/2035
     148904235                                   58         360                 358                 80            6.5           10/1/2005            9/1/2035
     148904239                                   52         360                 352                 80            6.3            4/1/2005            3/1/2035
     148904291                                   57         360                 357                 80            6.6            9/1/2005            8/1/2035
     148904442                                   56         360                 356                 80            5.8            8/1/2005            7/1/2035
     148904451                                    0         360                 356              74.64            9.7            8/1/2005            7/1/2035
     148904499                                    0         240                 233                100            9.5            5/1/2005            4/1/2025
     148904533                                    0         360                 353              90.16            7.6            5/1/2005            4/1/2035
     148904537                                    0         360                 355                 95            8.3            7/1/2005            6/1/2035
     148904540                                   56         360                 356                 80           6.75            8/1/2005            7/1/2035
     148904543                                    0         360                 353                 80           6.95            5/1/2005            4/1/2035
     148904664                                   55         360                 355                 90            6.3            7/1/2005            6/1/2035
     148904698                                   56         360                 356                 80           6.81            8/1/2005            7/1/2035
     148904705                                   55         360                 355                 80            5.9            7/1/2005            6/1/2035
     148904761                                   56         360                 356                 80            6.8            8/1/2005            7/1/2035
     148904781                                   55         360                 355                 80           5.85            7/1/2005            6/1/2035
     148904799                                    0         360                 354                 80           7.05            6/1/2005            5/1/2035
     148904810                                    0         360                 355                 90            8.9            7/1/2005            6/1/2035
     148904845                                   55         360                 355                 80            6.4            7/1/2005            6/1/2035
     148904859                                    0         360                 356                 80           6.05            8/1/2005            7/1/2035
     148904867                                   56         360                 356                 90           7.96            8/1/2005            7/1/2035
     148904868                                    0         360                 356                 90           7.15            8/1/2005            7/1/2035
     148904880                                    0         360                 357                 95            7.4            9/1/2005            8/1/2035
     148904888                                    0         360                 355                 90           7.35            7/1/2005            6/1/2035
     148904894                                    0         360                 355                 90           6.38            7/1/2005            6/1/2035
     148904949                                    0         360                 357                 90           7.35            9/1/2005            8/1/2035
     148904955                                   55         360                 355                 80            6.3            7/1/2005            6/1/2035
     148904957                                   55         360                 355                 80          6.125            7/1/2005            6/1/2035
     148904964                                   56         360                 356                 90            7.1            8/1/2005            7/1/2035
     148904975                                    0         360                 355                 80            6.7            7/1/2005            6/1/2035
     148904992                                    0         360                 355                 80            7.4            7/1/2005            6/1/2035
     148904999                                   56         360                 356                 90           6.56            8/1/2005            7/1/2035
     148905006                                   55         360                 355              89.27           6.65            7/1/2005            6/1/2035
     148905009                                   55         360                 355                 90           7.13            7/1/2005            6/1/2035
     148905019                                    0         360                 355                 90           7.55            7/1/2005            6/1/2035
     148905020                                    0         360                 355                 85            8.5            7/1/2005            6/1/2035
     148905021                                    0         360                 355                 80              7            7/1/2005            6/1/2035
     148905023                                   55         360                 355                 90           5.75            7/1/2005            6/1/2035
     148905027                                   55         360                 355                 80            6.1            7/1/2005            6/1/2035
     148905028                                    0         180                 175                100           9.75            7/1/2005            6/1/2020
     148905031                                    0         360                 355                 90           6.55            7/1/2005            6/1/2035
     148905037                                    0         360                 355                 90            7.9            7/1/2005            6/1/2035
     148905038                                   55         360                 355                 90           5.89            7/1/2005            6/1/2035
     148905042                                    0         360                 355                 80            7.6            7/1/2005            6/1/2035
     148905044                                    0         180                 175                100           9.99            7/1/2005            6/1/2020
     148905045                                   55         360                 355                 80           6.45            7/1/2005            6/1/2035
     148905048                                    0         240                 235                100           10.2            7/1/2005            6/1/2025
     148905052                                    0         360                 355                 90           8.24            7/1/2005            6/1/2035
     148905053                                   55         360                 355                 90            6.3            7/1/2005            6/1/2035
     148905055                                    0         360                 355                 80           7.05            7/1/2005            6/1/2035
     148905060                                   55         360                 355                 90           7.15            7/1/2005            6/1/2035
     148905061                                    0         240                 235                100           11.4            7/1/2005            6/1/2025
     148905062                                    0         240                 235                 95           9.75            7/1/2005            6/1/2025
     148905064                                   57         360                 357                 80           5.85            9/1/2005            8/1/2035
     148905066                                    0         360                 355                 80            7.7            7/1/2005            6/1/2035
     148905067                                    0         360                 355                 80            6.5            7/1/2005            6/1/2035
     148905069                                    0         180                 175                100           9.75            7/1/2005            6/1/2020
     148905070                                    0         240                 235                100          10.28            7/1/2005            6/1/2025
     148905071                                    0         360                 356                 90           6.25            8/1/2005            7/1/2035
     148905073                                    0         360                 355                 80            7.1            7/1/2005            6/1/2035
     148905074                                    0         360                 356              79.61           7.85            8/1/2005            7/1/2035
     148905076                                    0         240                 235                100           9.35            7/1/2005            6/1/2025
     148905077                                    0         360                 355                 80            7.9            7/1/2005            6/1/2035
     148905078                                    0         360                 355                 90            7.3            7/1/2005            6/1/2035
     148905083                                    0         360                 355                 90           7.75            7/1/2005            6/1/2035
     148905085                                    0         360                 355                 80            6.7            7/1/2005            6/1/2035
     148905088                                   55         360                 355                 80              5            7/1/2005            6/1/2035
     148905089                                    0         360                 355                 90            7.6            7/1/2005            6/1/2035
     148905092                                   56         360                 356                 80           6.45            8/1/2005            7/1/2035
     148905093                                    0         240                 235                100          12.85            7/1/2005            6/1/2025
     148905095                                    0         360                 355                 90           7.65            7/1/2005            6/1/2035
     148905100                                    0         360                 355                 90            7.3            7/1/2005            6/1/2035
     148905102                                    0         360                 355                 80              8            7/1/2005            6/1/2035
     148905106                                   55         360                 355                 80           6.54            7/1/2005            6/1/2035
     148905108                                    0         360                 355                 80            7.8            7/1/2005            6/1/2035
     148905111                                    0         360                 355                 80           8.53            7/1/2005            6/1/2035
     148905113                                   56         360                 356                 90            6.6            8/1/2005            7/1/2035
     148905114                                   56         360                 356                 90           5.95            8/1/2005            7/1/2035
     148905116                                    0         180                 175                100          10.45            7/1/2005            6/1/2020
     148905117                                    0         180                 175                100           10.2            7/1/2005            6/1/2020
     148905122                                   55         360                 355                 80           7.08            7/1/2005            6/1/2035
     148905124                                    0         180                 175                100          10.75            7/1/2005            6/1/2020
     148905125                                    0         180                 175                100            9.5            7/1/2005            6/1/2020
     148905126                                   55         360                 355                 80           6.14            7/1/2005            6/1/2035
     148905127                                    0         180                 175                100            9.5            7/1/2005            6/1/2020
     148905128                                    0         180                 175                100           11.7            7/1/2005            6/1/2020
     148905129                                    0         180                 175                100          10.75            7/1/2005            6/1/2020
     148905131                                    0         360                 355                 80              7            7/1/2005            6/1/2035
     148905135                                    0         360                 355                 80            6.5            7/1/2005            6/1/2035
     148905140                                    0         180                 175                100           9.75            7/1/2005            6/1/2020
     148905141                                    0         360                 356                 90           7.57            8/1/2005            7/1/2035
     148905142                                   55         360                 355                 80           6.26            7/1/2005            6/1/2035
     148905147                                    0         180                 175               97.7           10.6            7/1/2005            6/1/2020
     148905148                                    0         180                 175                100          11.55            7/1/2005            6/1/2020
     148905149                                    0         180                 175                100           11.5            7/1/2005            6/1/2020
     148905153                                   55         360                 355                 90           7.85            7/1/2005            6/1/2035
     148905154                                    0         360                 355                 80           6.75            7/1/2005            6/1/2035
     148905155                                   56         360                 356                 80           7.21            8/1/2005            7/1/2035
     148905156                                   55         360                 355                 80           5.75            7/1/2005            6/1/2035
     148905158                                   56         360                 356                 80           7.38            8/1/2005            7/1/2035
     148905159                                    0         180                 175                100           10.7            7/1/2005            6/1/2020
     148905160                                    0         180                 175                100           10.8            7/1/2005            6/1/2020
     148905161                                    0         360                 356                 90            6.5            8/1/2005            7/1/2035
     148905163                                    0         360                 355                 90           7.85            7/1/2005            6/1/2035
     148905166                                    0         180                 175                100          11.99            7/1/2005            6/1/2020
     148905167                                    0         360                 355                 90           8.35            7/1/2005            6/1/2035
     148905168                                    0         360                 356                 80              7            8/1/2005            7/1/2035
     148905171                                    0         360                 356                 90           6.95            8/1/2005            7/1/2035
     148905176                                    0         180                 175                100           10.7            7/1/2005            6/1/2020
     148905177                                   56         360                 356                 90           7.21            8/1/2005            7/1/2035
     148905178                                    0         240                 235                100          10.99            7/1/2005            6/1/2025
     148905179                                   55         360                 355                 90            6.8            7/1/2005            6/1/2035
     148905180                                    0         180                 176                100            9.4            8/1/2005            7/1/2020
     148905181                                    0         180                 175                100            9.5            7/1/2005            6/1/2020
     148905183                                    0         240                 235                100          10.35            7/1/2005            6/1/2025
     148905184                                   56         360                 356                 90            7.1            8/1/2005            7/1/2035
     148905185                                    0         180                 175                100          11.15            7/1/2005            6/1/2020
     148905186                                    0         240                 235                100          11.15            7/1/2005            6/1/2025
     148905188                                    0         240                 235                100          10.65            7/1/2005            6/1/2025
     148905189                                    0         180                 175                100           9.55            7/1/2005            6/1/2020
     148905191                                    0         180                 175              99.96           10.4            7/1/2005            6/1/2020
     148905194                                    0         180                 175                100           11.7            7/1/2005            6/1/2020
     148905196                                   57         360                 357                 90            6.2            9/1/2005            8/1/2035
     148905197                                    0         180                 175                100          11.15            7/1/2005            6/1/2020
     148905199                                    0         180                 175                100           10.4            7/1/2005            6/1/2020
     148905201                                    0         180                 175                100             11            7/1/2005            6/1/2020
     148905207                                    0         180                 175                100            9.9            7/1/2005            6/1/2020
     148905209                                    0         360                 356                 90           7.25            8/1/2005            7/1/2035
     148905214                                    0         240                 236                100          11.49            8/1/2005            7/1/2025
     148905216                                    0         360                 356                 80           6.86            8/1/2005            7/1/2035
     148905217                                    0         240                 235                100          10.25            7/1/2005            6/1/2025
     148905224                                    0         180                 176                100           9.25            8/1/2005            7/1/2020
     148905225                                    0         360                 356                 90           7.35            8/1/2005            7/1/2035
     148905226                                    0         360                 356                 80           7.24            8/1/2005            7/1/2035
     148905227                                    0         360                 356              79.98              7            8/1/2005            7/1/2035
     148905228                                    0         360                 356              89.27           6.99            8/1/2005            7/1/2035
     148905230                                    0         180                 176                100           9.45            8/1/2005            7/1/2020
     148905231                                    0         360                 356                 95              7            8/1/2005            7/1/2035
     148905233                                    0         360                 356                 90           6.45            8/1/2005            7/1/2035
     148905237                                    0         240                 236                100           10.5            8/1/2005            7/1/2025
     148905238                                    0         360                 357                 80            7.2            9/1/2005            8/1/2035
     148905239                                   57         360                 357                 80              7            9/1/2005            8/1/2035
     148905240                                    0         240                 236              99.73           10.9            8/1/2005            7/1/2025
     148905242                                   56         360                 356                 80           6.65            8/1/2005            7/1/2035
     148905244                                    0         180                 176                100           10.5            8/1/2005            7/1/2020
     148905255                                   56         360                 356                 90           8.05            8/1/2005            7/1/2035
     148905257                                   56         360                 356                 80            6.8            8/1/2005            7/1/2035
     148905259                                   56         360                 356              89.82           8.75            8/1/2005            7/1/2035
     148905260                                    0         360                 356                 90           7.55            8/1/2005            7/1/2035
     148905262                                   56         360                 356                 80            6.7            8/1/2005            7/1/2035
     148905265                                    0         360                 356                 80            7.3            8/1/2005            7/1/2035
     148905267                                    0         360                 356                 80           7.24            8/1/2005            7/1/2035
     148905269                                   56         360                 356                 90            6.9            8/1/2005            7/1/2035
     148905272                                    0         180                 176                100          10.75            8/1/2005            7/1/2020
     148905273                                    0         180                 176                100           10.3            8/1/2005            7/1/2020
     148905274                                    0         180                 176                100           9.95            8/1/2005            7/1/2020
     148905285                                    0         360                 356                 90           6.54            8/1/2005            7/1/2035
     148905287                                    0         240                 236                 95            9.4            8/1/2005            7/1/2025
     148905289                                    0         240                 236                100           10.6            8/1/2005            7/1/2025
     148905291                                    0         180                 176                100          10.25            8/1/2005            7/1/2020
     148905292                                    0         360                 356              75.97            6.9            8/1/2005            7/1/2035
     148905293                                    0         240                 236                100           9.99            8/1/2005            7/1/2025
     148905294                                    0         180                 176                 95          10.55            8/1/2005            7/1/2020
     148905295                                    0         240                 236                100           9.99            8/1/2005            7/1/2025
     148905300                                   56         360                 356                 90           7.35            8/1/2005            7/1/2035
     148905304                                    0         240                 236                100             10            8/1/2005            7/1/2025
     148905305                                    0         240                 236                100           11.5            8/1/2005            7/1/2025
     148905306                                    0         180                 176                100           9.45            8/1/2005            7/1/2020
     148905307                                    0         180                 176                100            9.8            8/1/2005            7/1/2020
     148905309                                   56         360                 356                 80            7.6            8/1/2005            7/1/2035
     148905310                                    0         360                 356                 80           7.97            8/1/2005            7/1/2035
     148905314                                   56         360                 356                 90              8            8/1/2005            7/1/2035
     148905317                                    0         360                 356                 90           7.85            8/1/2005            7/1/2035
     148905319                                    0         360                 356                 90           7.21            8/1/2005            7/1/2035
     148905320                                    0         180                 176                100            9.5            8/1/2005            7/1/2020
     148905321                                   56         360                 356                 90           7.13            8/1/2005            7/1/2035
     148905324                                    0         240                 236                100          11.35            8/1/2005            7/1/2025
     148905328                                    0         180                 176                100           9.99            8/1/2005            7/1/2020
     148905330                                    0         360                 356                 90            6.3            8/1/2005            7/1/2035
     148905331                                    0         180                 176                100           11.3            8/1/2005            7/1/2020
     148905332                                    0         360                 356                 80              7            8/1/2005            7/1/2035
     148905335                                   56         360                 356                 90           6.15            8/1/2005            7/1/2035
     148905339                                   57         360                 357                 80           7.25            9/1/2005            8/1/2035
     148905340                                    0         360                 357                 80              8            9/1/2005            8/1/2035
     148905343                                    0         360                 356                 80            7.1            8/1/2005            7/1/2035
     148905348                                    0         360                 356                 90           7.25            8/1/2005            7/1/2035
     148905352                                   58         360                 358                 90           6.35           10/1/2005            9/1/2035
     148905355                                    0         180                 176                100           11.5            8/1/2005            7/1/2020
     148905357                                    0         240                 236                100           11.4            8/1/2005            7/1/2025
     148905358                                    0         180                 176                100           10.9            8/1/2005            7/1/2020
     148905361                                   56         360                 356                 90           7.47            8/1/2005            7/1/2035
     148905362                                    0         360                 356                 80           7.15            8/1/2005            7/1/2035
     148905364                                    0         360                 356                 80           7.05            8/1/2005            7/1/2035
     148905365                                   56         360                 356                 90           5.75            8/1/2005            7/1/2035
     148905366                                    0         360                 356                 90            6.5            8/1/2005            7/1/2035
     148905368                                    0         180                 176                100          11.95            8/1/2005            7/1/2020
     148905375                                   57         360                 357                100            8.8            9/1/2005            8/1/2035
     148905376                                    0         180                 176                100           9.35            8/1/2005            7/1/2020
     148905377                                    0         360                 356                 90           6.85            8/1/2005            7/1/2035
     148905379                                    0         360                 357                 80            6.6            9/1/2005            8/1/2035
     148905387                                   56         360                 356                 90           8.55            8/1/2005            7/1/2035
     148905389                                    0         240                 236              99.97           9.75            8/1/2005            7/1/2025
     148905391                                    0         360                 357                 80            8.2            9/1/2005            8/1/2035
     148905398                                    0         240                 236                100           10.5            8/1/2005            7/1/2025
     148905401                                    0         180                 176                100           9.99            8/1/2005            7/1/2020
     148905404                                    0         360                 357                 80            7.2            9/1/2005            8/1/2035
     148905405                                    0         180                 176                100          10.25            8/1/2005            7/1/2020
     148905406                                    0         360                 356                 80           6.55            8/1/2005            7/1/2035
     148905407                                    0         240                 236                100          10.99            8/1/2005            7/1/2025
     148905414                                    0         360                 357                 80            6.4            9/1/2005            8/1/2035
     148905416                                    0         240                 236                100           10.9            8/1/2005            7/1/2025
     148905417                                    0         240                 236                100          10.65            8/1/2005            7/1/2025
     148905420                                    0         360                 356              54.33            7.2            8/1/2005            7/1/2035
     148905424                                    0         180                 176                100          10.99            8/1/2005            7/1/2020
     148905429                                   57         360                 357                 90            6.4            9/1/2005            8/1/2035
     148905433                                    0         360                 357                 90           8.55            9/1/2005            8/1/2035
     148905437                                    0         360                 357                 90            6.8            9/1/2005            8/1/2035
     148905438                                    0         180                 176                 95           10.5            8/1/2005            7/1/2020
     148905449                                    0         240                 236                100           11.5            8/1/2005            7/1/2025
     148905451                                    0         240                 237                100           9.99            9/1/2005            8/1/2025
     148905452                                    0         360                 356                 80           6.29            8/1/2005            7/1/2035
     148905453                                    0         360                 357                 90            6.4            9/1/2005            8/1/2035
     148905458                                    0         360                 357                 90           7.25            9/1/2005            8/1/2035
     148905465                                    0         240                 237                100           10.7            9/1/2005            8/1/2025
     148905469                                    0         180                 177                100          10.65            9/1/2005            8/1/2020
     148905472                                   57         360                 357                 80           7.85            9/1/2005            8/1/2035
     148905474                                    0         240                 237                100           11.3            9/1/2005            8/1/2025
     148905475                                   58         360                 358                 90              7           10/1/2005            9/1/2035
     148905479                                    0         360                 357              89.91           7.45            9/1/2005            8/1/2035
     148905488                                    0         360                 357                 80            6.7            9/1/2005            8/1/2035
     148905489                                   57         360                 357                 80           6.54            9/1/2005            8/1/2035
     148905490                                   57         360                 357                 90           8.39            9/1/2005            8/1/2035
     148905492                                   57         360                 357                 80           6.32            9/1/2005            8/1/2035
     148905493                                   57         360                 357                 80            7.3            9/1/2005            8/1/2035
     148905496                                   57         360                 357                 90            6.1            9/1/2005            8/1/2035
     148905500                                    0         180                 177                100          10.99            9/1/2005            8/1/2020
     148905501                                    0         360                 357                 80           7.45            9/1/2005            8/1/2035
     148905503                                    0         360                 357                 80            7.2            9/1/2005            8/1/2035
     148905504                                    0         180                 177                100          11.95            9/1/2005            8/1/2020
     148905506                                   57         360                 357                 90           8.45            9/1/2005            8/1/2035
     148905511                                    0         360                 357                 90           6.85            9/1/2005            8/1/2035
     148905515                                    0         360                 357                 80            7.4            9/1/2005            8/1/2035
     148905516                                    0         360                 357                 90           7.95            9/1/2005            8/1/2035
     148905517                                   57         360                 357                 90            6.8            9/1/2005            8/1/2035
     148905518                                    0         360                 358                 90           7.75           10/1/2005            9/1/2035
     148905521                                    0         240                 237                100            9.9            9/1/2005            8/1/2025
     148905523                                    0         240                 237                100            9.5            9/1/2005            8/1/2025
     148905525                                    0         180                 177                100           9.25            9/1/2005            8/1/2020
     148905527                                    0         360                 358                 90              7           10/1/2005            9/1/2035
     148905530                                   57         360                 357                 90           7.41            9/1/2005            8/1/2035
     148905531                                    0         360                 357                 85            6.7            9/1/2005            8/1/2035
     148905538                                   57         360                 357                 90           7.55            9/1/2005            8/1/2035
     148905540                                   57         360                 357                 90           5.65            9/1/2005            8/1/2035
     148905541                                   58         360                 358                 80           6.85           10/1/2005            9/1/2035
     148905547                                    0         360                 357                 90           7.75            9/1/2005            8/1/2035
     148905548                                    0         360                 358               89.8           7.75           10/1/2005            9/1/2035
     148905550                                    0         360                 357                 80              7            9/1/2005            8/1/2035
     148905552                                    0         360                 358                 80              7           10/1/2005            9/1/2035
     148905561                                    0         360                 357                 90            7.1            9/1/2005            8/1/2035
     148905563                                    0         360                 357              89.97            8.5            9/1/2005            8/1/2035
     148905568                                    0         360                 357                 90            7.5            9/1/2005            8/1/2035
     148905571                                   57         360                 357                 90           7.75            9/1/2005            8/1/2035
     148905591                                   57         360                 357                 80            6.7            9/1/2005            8/1/2035
     148905596                                    0         360                 357                 90            8.1            9/1/2005            8/1/2035
     148905598                                   58         360                 358                 80            6.9           10/1/2005            9/1/2035
     148905599                                   58         360                 358                 80            6.1           10/1/2005            9/1/2035
     148905602                                   58         360                 358                 90           5.95           10/1/2005            9/1/2035
     148905605                                    0         360                 358                 80           6.75           10/1/2005            9/1/2035
     148905609                                   58         360                 358                 80            4.9           10/1/2005            9/1/2035
     148905610                                   58         360                 358                 90           6.87           10/1/2005            9/1/2035
     148905613                                   58         360                 358                 80           6.25           10/1/2005            9/1/2035
     148905623                                   58         360                 358                 80           7.39           10/1/2005            9/1/2035
     148905629                                    0         360                 358                 90           6.35           10/1/2005            9/1/2035
     148905640                                   58         360                 358                 80           7.09           10/1/2005            9/1/2035
     148905641                                   58         360                 358                 90            5.9           10/1/2005            9/1/2035
     148905642                                    0         360                 358                 90           7.35           10/1/2005            9/1/2035
     148905645                                   58         360                 358                 90            7.4           10/1/2005            9/1/2035
     148905651                                   58         360                 358                 90           7.13           10/1/2005            9/1/2035
     148905652                                    0         360                 358                 90            8.4           10/1/2005            9/1/2035
     148905654                                    0         360                 358                 80           7.55           10/1/2005            9/1/2035
     148905656                                    0         360                 358                 80            6.5           10/1/2005            9/1/2035
     148905659                                   58         360                 358                 80           5.75           10/1/2005            9/1/2035
     148905666                                   58         360                 358                 80           7.55           10/1/2005            9/1/2035
     148905669                                    0         360                 358                 90           7.15           10/1/2005            9/1/2035
     148905678                                   58         360                 358                 80           7.05           10/1/2005            9/1/2035
     148905685                                    0         360                 359                 90            5.4           11/1/2005           10/1/2035
     148905695                                    0         360                 358                 80           6.35           10/1/2005            9/1/2035
     148905713                                   58         360                 358                 90           6.72           10/1/2005            9/1/2035
     148905715                                   58         360                 358                 80           6.15           10/1/2005            9/1/2035
     148905719                                    0         360                 358                 80           9.55           10/1/2005            9/1/2035
     148905720                                   58         360                 358                 80           6.62           10/1/2005            9/1/2035
     148905723                                    0         360                 358                 90            6.5           10/1/2005            9/1/2035
     148905733                                    0         360                 358                 80            6.9           10/1/2005            9/1/2035
     148905737                                    0         360                 358                 90              7           10/1/2005            9/1/2035
     148905739                                    0         360                 358                 80            5.4           10/1/2005            9/1/2035
     148905745                                    0         360                 358                 90            5.6           10/1/2005            9/1/2035
     148905767                                    0         360                 359                 90            8.3           11/1/2005           10/1/2035
     148905772                                   58         360                 358                 80           6.85           10/1/2005            9/1/2035
     148905783                                    0         360                 358                 90           6.75           10/1/2005            9/1/2035
     148905851                                    0         180                 179                100            9.5           11/1/2005           10/1/2020
     148905862                                    0         360                 359                100           8.99           11/1/2005           10/1/2035
     148905863                                    0         180                 179                100          10.35           11/1/2005           10/1/2020
     148905875                                    0         360                 359                100           10.7           11/1/2005           10/1/2035
     148905883                                    0         360                 359                100           9.45           11/1/2005           10/1/2035
     148905901                                    0         360                 359                100          10.45           11/1/2005           10/1/2035
     148905921                                    0         360                 359                100           11.8           11/1/2005           10/1/2035
     186300001                                   55         360                 355                 80            7.1            7/1/2005            6/1/2035
     186300003                                   56         360                 356                 80            6.4            8/1/2005            7/1/2035
     186300008                                   55         360                 355              80.47           6.05            7/1/2005            6/1/2035
     186300011                                   57         360                 357                 80            6.7            9/1/2005            8/1/2035
     186300019                                   55         360                 355                 80           6.45            7/1/2005            6/1/2035
     186300024                                   55         360                 355                 80            6.4            7/1/2005            6/1/2035
     186300031                                   55         360                 355                 80           6.55            7/1/2005            6/1/2035
     186300038                                    0         360                 355                 90           6.05            7/1/2005            6/1/2035
     186300039                                   55         360                 355                 90           6.75            7/1/2005            6/1/2035
     186300042                                    0         180                 175                100           10.5            7/1/2005            6/1/2020
     186300047                                   58         360                 358                 90          5.675           10/1/2005            9/1/2035
     186300048                                    0         360                 355                 80            6.7            7/1/2005            6/1/2035
     186300051                                    0         360                 355                 80           6.49            7/1/2005            6/1/2035
     186300055                                   55         360                 355                 80            6.6            7/1/2005            6/1/2035
     186300057                                   55         360                 355                 80           5.75            7/1/2005            6/1/2035
     186300064                                    0         180                 175                100           9.75            7/1/2005            6/1/2020
     186300065                                    0         360                 355                 80           8.22            7/1/2005            6/1/2035
     186300067                                   55         360                 355                 80            6.9            7/1/2005            6/1/2035
     186300069                                   55         360                 355                 80           6.75            7/1/2005            6/1/2035
     186300071                                   56         360                 356                 80          6.875            8/1/2005            7/1/2035
     186300074                                    0         180                 175              90.53           8.99            7/1/2005            6/1/2020
     186300075                                    0         360                 355                 80           6.07            7/1/2005            6/1/2035
     186300076                                   55         360                 355                 80            6.7            7/1/2005            6/1/2035
     186300079                                    0         180                 175                100           9.49            7/1/2005            6/1/2020
     186300080                                    0         180                 175                100           8.99            7/1/2005            6/1/2020
     186300086                                    0         180                 175                100           9.99            7/1/2005            6/1/2020
     186300087                                   56         360                 356                 80           6.15            8/1/2005            7/1/2035
     186300088                                   55         360                 355                 80           6.74            7/1/2005            6/1/2035
     186300092                                    0         180                 175                100           9.99            7/1/2005            6/1/2020
     186300093                                    0         180                 175                100          10.25            7/1/2005            6/1/2020
     186300096                                   57         360                 357                 80            7.1            9/1/2005            8/1/2035
     186300099                                    0         180                 175                100           9.99            7/1/2005            6/1/2020
     186300101                                    0         180                 175                100           9.99            7/1/2005            6/1/2020
     186300105                                    0         180                 175                100           9.25            7/1/2005            6/1/2020
     186300107                                   55         360                 355                 80           6.25            7/1/2005            6/1/2035
     186300108                                    0         180                 175                100           9.99            7/1/2005            6/1/2020
     186300109                                    0         180                 175                100           9.99            7/1/2005            6/1/2020
     186300111                                    0         180                 175                100           9.99            7/1/2005            6/1/2020
     186300113                                    0         180                 175               99.8           10.5            7/1/2005            6/1/2020
     186300114                                   56         360                 356                 80            6.6            8/1/2005            7/1/2035
     186300115                                    0         180                 176                 95          10.99            8/1/2005            7/1/2020
     186300116                                   55         360                 355                 80            6.5            7/1/2005            6/1/2035
     186300119                                   55         360                 355                 90              6            7/1/2005            6/1/2035
     186300120                                   56         360                 356              67.34            6.3            8/1/2005            7/1/2035
     186300121                                   55         360                 355                 80           6.75            7/1/2005            6/1/2035
     186300122                                   56         360                 356                 80            6.5            8/1/2005            7/1/2035
     186300124                                    0         180                 175                100           9.99            7/1/2005            6/1/2020
     186300126                                   57         360                 357                 80            6.4            9/1/2005            8/1/2035
     186300128                                    0         180                 175                100           9.99            7/1/2005            6/1/2020
     186300129                                   56         360                 356                 90           6.15            8/1/2005            7/1/2035
     186300137                                   56         360                 356                 80           6.75            8/1/2005            7/1/2035
     186300139                                   55         360                 355                 90           5.85            7/1/2005            6/1/2035
     186300140                                    0         360                 356                 90            7.8            8/1/2005            7/1/2035
     186300142                                    0         180                 175                100             10            7/1/2005            6/1/2020
     186300146                                    0         180                 175                100           10.5            7/1/2005            6/1/2020
     186300148                                    0         240                 236                100           9.99            8/1/2005            7/1/2025
     186300150                                    0         180                 175                100            9.5            7/1/2005            6/1/2020
     186300157                                    0         360                 356                 90            6.4            8/1/2005            7/1/2035
     186300159                                   56         360                 356                 80            7.4            8/1/2005            7/1/2035
     186300160                                   56         360                 356                 80            6.8            8/1/2005            7/1/2035
     186300161                                   56         360                 356                 80            6.7            8/1/2005            7/1/2035
     186300163                                   56         360                 356                 80            6.7            8/1/2005            7/1/2035
     186300164                                   56         360                 356                 80           6.75            8/1/2005            7/1/2035
     186300167                                   56         360                 356                 80           6.05            8/1/2005            7/1/2035
     186300168                                   56         360                 356                 80           6.35            8/1/2005            7/1/2035
     186300175                                    0         360                 356                 90            8.8            8/1/2005            7/1/2035
     186300182                                    0         180                 176                100          10.99            8/1/2005            7/1/2020
     186300184                                   57         360                 357                 80            6.1            9/1/2005            8/1/2035
     186300186                                    0         180                 176                100          10.55            8/1/2005            7/1/2020
     186300190                                   56         360                 356                 90            7.2            8/1/2005            7/1/2035
     186300191                                   56         360                 356                 80            6.2            8/1/2005            7/1/2035
     186300192                                    0         180                 176                100          10.99            8/1/2005            7/1/2020
     186300193                                    0         360                 358                 90           7.75           10/1/2005            9/1/2035
     186300195                                    0         180                 176                100           9.99            8/1/2005            7/1/2020
     186300196                                   57         360                 357                 80           6.65            9/1/2005            8/1/2035
     186300197                                    0         180                 176                100          10.75            8/1/2005            7/1/2020
     186300200                                    0         180                 176                100          11.99            8/1/2005            7/1/2020
     186300203                                    0         180                 176                100          10.55            8/1/2005            7/1/2020
     186300206                                   56         360                 356                 80            6.3            8/1/2005            7/1/2035
     186300208                                   56         360                 356                 90            6.7            8/1/2005            7/1/2035
     186300213                                    0         180                 176                100           9.99            8/1/2005            7/1/2020
     186300214                                    0         180                 176                 90           9.99            8/1/2005            7/1/2020
     186300215                                    0         240                 236                100          10.99            8/1/2005            7/1/2025
     186300216                                   57         360                 357                 80            6.6            9/1/2005            8/1/2035
     186300223                                    0         180                 176                100          11.25            8/1/2005            7/1/2020
     186300225                                   57         360                 357                 80            6.5            9/1/2005            8/1/2035
     186300226                                    0         180                 176                100          10.99            8/1/2005            7/1/2020
     186300234                                    0         180                 176                100          10.25            8/1/2005            7/1/2020
     186300235                                    0         360                 357                 80           6.75            9/1/2005            8/1/2035
     186300236                                    0         360                 358                 80           6.85           10/1/2005            9/1/2035
     186300247                                    0         180                 176                100          11.25            8/1/2005            7/1/2020
     186300253                                   56         360                 356                 80           6.95            8/1/2005            7/1/2035
     186300255                                    0         180                 176                100           9.25            8/1/2005            7/1/2020
     186300256                                    0         180                 176                 95           9.99            8/1/2005            7/1/2020
     186300261                                   56         360                 356                 90            6.9            8/1/2005            7/1/2035
     186300262                                   57         360                 357                 80           5.95            9/1/2005            8/1/2035
     186300263                                   57         360                 357                 80            6.5            9/1/2005            8/1/2035
     186300264                                   56         360                 356                 80           6.85            8/1/2005            7/1/2035
     186300265                                   57         360                 357                 80            6.7            9/1/2005            8/1/2035
     186300266                                    0         180                 176                100           9.49            8/1/2005            7/1/2020
     186300267                                   56         360                 356                 80           5.75            8/1/2005            7/1/2035
     186300269                                    0         180                 176                100            9.5            8/1/2005            7/1/2020
     186300273                                   57         360                 357                 80           6.99            9/1/2005            8/1/2035
     186300276                                    0         180                 176                100           8.25            8/1/2005            7/1/2020
     186300278                                    0         180                 176                100          10.99            8/1/2005            7/1/2020
     186300279                                    0         180                 177                100           9.99            9/1/2005            8/1/2020
     186300280                                   57         360                 357                 80           6.25            9/1/2005            8/1/2035
     186300281                                   57         360                 357                 80            6.7            9/1/2005            8/1/2035
     186300283                                    0         180                 176                100          11.79            8/1/2005            7/1/2020
     186300284                                    0         180                 177                 90           9.25            9/1/2005            8/1/2020
     186300287                                   58         360                 358                 80           6.25           10/1/2005            9/1/2035
     186300294                                   57         360                 357                 90              7            9/1/2005            8/1/2035
     186300295                                    0         360                 357                 80           5.65            9/1/2005            8/1/2035
     186300296                                   57         360                 357                 80           7.05            9/1/2005            8/1/2035
     186300299                                   57         360                 357                 80           6.54            9/1/2005            8/1/2035
     186300302                                   58         360                 358                 80            6.5           10/1/2005            9/1/2035
     186300303                                    0         180                 177                100           9.99            9/1/2005            8/1/2020
     186300311                                    0         180                 177                100          10.25            9/1/2005            8/1/2020
     186300313                                    0         360                 357                 80           6.25            9/1/2005            8/1/2035
     186300319                                   57         360                 357                 80           5.47            9/1/2005            8/1/2035
     186300322                                   57         360                 357                 80           6.95            9/1/2005            8/1/2035
     186300325                                   57         360                 357                 80           5.75            9/1/2005            8/1/2035
     186300327                                   57         360                 357                 80           6.95            9/1/2005            8/1/2035
     186300329                                    0         180                 177                100           9.99            9/1/2005            8/1/2020
     186300330                                   57         360                 357                 80           5.75            9/1/2005            8/1/2035
     186300334                                    0         180                 177                100           10.5            9/1/2005            8/1/2020
     186300335                                   58         360                 358                 80            6.5           10/1/2005            9/1/2035
     186300336                                   57         360                 357                 80            6.7            9/1/2005            8/1/2035
     186300343                                    0         360                 358                 85           5.75           10/1/2005            9/1/2035
     186300352                                   57         360                 357                 80            6.5            9/1/2005            8/1/2035
     186300354                                   57         360                 357                 80           5.55            9/1/2005            8/1/2035
     186300357                                   58         360                 358              77.66            6.3           10/1/2005            9/1/2035
     186300361                                    0         180                 177                100           8.99            9/1/2005            8/1/2020
     186300363                                   57         360                 357                 80           6.75            9/1/2005            8/1/2035
     186300369                                   58         360                 358                 80            6.5           10/1/2005            9/1/2035
     186300376                                   58         360                 358                 80            6.5           10/1/2005            9/1/2035
     186300377                                   57         360                 357                 80            6.3            9/1/2005            8/1/2035
     186300380                                   57         360                 357                 80            7.2            9/1/2005            8/1/2035
     186300388                                   57         360                 357                 80            6.3            9/1/2005            8/1/2035
     186300411                                   58         360                 358                 80           7.05           10/1/2005            9/1/2035
     186300420                                   58         360                 358                 80           6.65           10/1/2005            9/1/2035
     186300422                                   58         360                 358                 80            6.5           10/1/2005            9/1/2035
     186300424                                   58         360                 358                 80           5.95           10/1/2005            9/1/2035
     186300425                                   58         360                 358                 80            6.6           10/1/2005            9/1/2035
     186300431                                   58         360                 358                 80           6.12           10/1/2005            9/1/2035
     186300444                                   58         360                 358                 80            6.3           10/1/2005            9/1/2035
     186300455                                   58         360                 358                 80           5.85           10/1/2005            9/1/2035
     186300467                                    0         360                 358                 90           7.79           10/1/2005            9/1/2035
     186300469                                    0         360                 358                 80              7           10/1/2005            9/1/2035
     186300470                                   58         360                 358                 80            6.5           10/1/2005            9/1/2035
     186300475                                   58         360                 358                 80           7.45           10/1/2005            9/1/2035
     186300481                                   58         360                 358                 80            6.2           10/1/2005            9/1/2035
     186300495                                   58         360                 358                 80           6.25           10/1/2005            9/1/2035
     186300496                                   58         360                 358                 80           6.54           10/1/2005            9/1/2035
     186300508                                   58         360                 358                 80            6.6           10/1/2005            9/1/2035
     186300512                                   58         360                 358                 80            6.5           10/1/2005            9/1/2035
     186300534                                   58         360                 358                 80           6.65           10/1/2005            9/1/2035
     186300581                                    0         180                 179                100          10.15           11/1/2005           10/1/2020
     186500001                                    0         360                 355                 90           6.91            7/1/2005            6/1/2035
     186500002                                    0         360                 355                 80            6.7            7/1/2005            6/1/2035
     186500003                                    0         360                 355                 80            6.5            7/1/2005            6/1/2035
     186500006                                    0         360                 356                 80           6.95            8/1/2005            7/1/2035
     186500007                                    0         360                 355                 80            7.2            7/1/2005            6/1/2035
     186500008                                    0         360                 355                 80           6.25            7/1/2005            6/1/2035
     186500010                                    0         240                 235                100          10.25            7/1/2005            6/1/2025
     186500011                                    0         360                 356                 90           8.19            8/1/2005            7/1/2035
     186500012                                    0         360                 355                 90            7.3            7/1/2005            6/1/2035
     186500013                                    0         360                 355                 95           8.85            7/1/2005            6/1/2035
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     186500016                                    0         240                 235                100            9.7            7/1/2005            6/1/2025
     186500020                                    0         360                 355                 80           6.95            7/1/2005            6/1/2035
     186500026                                    0         360                 355                 80           6.95            7/1/2005            6/1/2035
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     186500034                                    0         360                 356                 80            6.5            8/1/2005            7/1/2035
     186500038                                    0         360                 356                 80           7.05            8/1/2005            7/1/2035
     186500040                                    0         360                 356                 90            8.8            8/1/2005            7/1/2035
     186500043                                    0         360                 356                 80            6.9            8/1/2005            7/1/2035
     186500045                                    0         240                 236                100          11.15            8/1/2005            7/1/2025
     186500046                                    0         360                 356                 80            6.3            8/1/2005            7/1/2035
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     186500049                                    0         240                 236                100           9.99            8/1/2005            7/1/2025
     186500052                                    0         360                 356                 90           6.99            8/1/2005            7/1/2035
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     186500055                                    0         360                 356                 80           6.75            8/1/2005            7/1/2035
     186500058                                    0         360                 357                 80           6.95            9/1/2005            8/1/2035
     186500059                                    0         360                 356                 80            6.5            8/1/2005            7/1/2035
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     186500065                                    0         180                 176                100           9.35            8/1/2005            7/1/2020
     186500066                                    0         360                 356                 80            6.5            8/1/2005            7/1/2035
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     186500220                                   58         360                 358                 80          5.875           10/1/2005            9/1/2035
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     240101228                                    0         180                 118              69.88             11           10/1/2000            9/1/2015
     240215524                                    0         360                 357              90.49           8.49            9/1/2005            8/1/2035
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     240215564                                    0         240                 235                100           13.9           6/14/2005           5/14/2025
     240215630                                    0         360                 355              85.49           6.99           6/15/2005           5/15/2035
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     240215946                                    0         360                 357                 80           7.95           8/15/2005           7/15/2035
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     240216231                                    0         180                 177                100           13.5           8/15/2005           7/15/2020
     240216245                                    0         360                 357              85.49           8.99            9/1/2005            8/1/2035
     240216261                                    0         360                 359               62.5            9.5          10/15/2005           9/15/2035
     240216355                                    0         360                 358              90.49           7.75           9/15/2005           8/15/2035
     240216373                                    0         360                 357              85.49           8.55            9/1/2005            8/1/2035
     240216379                                    0         360                 357              63.66           6.25            9/1/2005            8/1/2035
     240216389                                    0         300                 297              80.49            8.2            9/1/2005            8/1/2030
     240216400                                    0         240                 237              99.47          13.71            9/1/2005            8/1/2025
     240216427                                    0         360                 357              38.61            9.9            9/1/2005            8/1/2035
     240216442                                    0         360                 358              85.49            9.3           9/15/2005           8/15/2035
     240216584                                    0         180                 179               89.3           11.5          10/15/2005           9/15/2020
     240216723                                    0         240                 239                100          13.71           11/1/2005           10/1/2025
     240216850                                    0         240                 239                100          13.93           11/1/2005           10/1/2025
     240302248                                    0         360                 297                 80           11.9            9/1/2000            8/1/2030
     240312012                                    0         180                 174              80.49            9.1            6/1/2005            5/1/2020
     240312469                                    0         360                 356              80.49              9           7/10/2005           6/10/2035
     240312647                                    0         360                 357                 90           8.99            9/1/2005            8/1/2035
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     241516808                                    0         360                 355              90.49           7.99            7/1/2005            6/1/2035
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     241516859                                    0         360                 355                 80           7.65            7/1/2005            6/1/2035
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     241516890                                    0         360                 355              90.49            7.8            7/1/2005            6/1/2035
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     241517088                                    0         360                 356                 80           7.75            8/1/2005            7/1/2035
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     241517189                                    0         360                 357                 80           7.49           8/15/2005           7/15/2035
     241517254                                    0         360                 357                 90           6.99            9/1/2005            8/1/2035
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     241517277                                    0         360                 358              90.49           9.15           9/15/2005           8/15/2035
     241517418                                    0         360                 357                 85            8.7            9/1/2005            8/1/2035
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     241517453                                    0         180                 178                 70            9.9            9/9/2005            8/9/2020
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     241517871                                    0         360                 359                100          12.99           11/1/2005           10/1/2035
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     241604775                                    0         180                 117              91.34           12.6            9/1/2000            8/1/2015
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     241718858                                    0         240                 236                100           12.8            8/1/2005            7/1/2025
     241718919                                    0         240                 236               96.4          12.65            8/1/2005            7/1/2025
     241718931                                    0         180                 176              98.42          13.35            8/1/2005            7/1/2020
     241718932                                    0         360                 356              58.62            8.9            8/1/2005            7/1/2035
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     241719055                                    0         360                 357                 85           10.1            9/1/2005            8/1/2035
     241719070                                    0         360                 357                 80           6.25            9/1/2005            8/1/2035
     241719090                                    0         360                 357               72.4            8.7            9/1/2005            8/1/2035
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     241800974                                    0         360                 269                 90          11.05            5/1/1998            4/1/2028
     241807413                                    0         180                 117                 90          12.99            9/1/2000            8/1/2015
     241902082                                    0         180                  88                 80            9.9           3/28/1998           2/28/2013
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     241909160                                    0         360                 299                 96          11.99           10/4/2000            9/4/2030
     241919863                                    0         360                 355                100            8.2            7/1/2005            6/1/2035
     241919974                                    0         360                 355              58.82           9.85            7/1/2005            6/1/2035
     241920065                                    0         360                 356              66.67           10.2            8/1/2005            7/1/2035
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     241920452                                    0         360                 358                 80            9.2           9/15/2005           8/15/2035
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     242005754                                    0         360                 297                 80          12.75            9/1/2000            8/1/2030
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     242100970                                    0         360                 268                 90           8.75            4/1/1998            3/1/2028
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     242105337                                    0         360                 296              83.84          12.99           7/15/2000           6/15/2030
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     242105444                                    0         360                 296                 90            9.1            8/1/2000            7/1/2030
     242105466                                    0         240                 177              80.49          10.99           8/15/2000           7/15/2020
     242105598                                    0         360                 297                 80          11.99            9/1/2000            8/1/2030
     242117164                                    0         360                 351              85.49           8.99           2/15/2005           1/15/2035
     242118369                                    0         240                 234              76.22           9.75            6/1/2005            5/1/2025
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     242118431                                    0         360                 355              90.49           8.99           6/15/2005           5/15/2035
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     242118692                                    0         360                 355                 90           7.99            7/1/2005            6/1/2035
     242118843                                    0         360                 356                 75            9.5           7/15/2005           6/15/2035
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     242119105                                    0         360                 357                 83           7.75            9/1/2005            8/1/2035
     242119140                                    0         240                 236                100          13.98            8/1/2005            7/1/2025
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     242119195                                    0         360                 358              70.48          10.68           9/15/2005           8/15/2035
     242119272                                    0         360                 357                 90            6.8            9/1/2005            8/1/2035
     242119301                                    0         360                 358                 75            7.2           9/15/2005           8/15/2035
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     242119322                                    0         360                 358              69.44            7.1           9/15/2005           8/15/2035
     242119336                                    0         360                 358              38.31            8.6           9/15/2005           8/15/2035
     242119346                                    0         360                 357              80.48          10.25            9/1/2005            8/1/2035
     242119440                                    0         360                 358               59.8           9.99           9/15/2005           8/15/2035
     242119475                                    0         360                 358              60.75           9.25           9/15/2005           8/15/2035
     242119523                                    0         360                 358                 64           8.99           10/1/2005            9/1/2035
     242119585                                    0         360                 358              74.36           7.85           10/1/2005            9/1/2035
     242217865                                    0         180                 175                100          12.99            7/1/2005            6/1/2020
     242217930                                    0         180                 175                100          13.25            7/1/2005            6/1/2020
     242217971                                    0         360                 356              18.87           8.35            8/1/2005            7/1/2035
     242218259                                    0         180                 176                100          11.99            8/1/2005            7/1/2020
     242218332                                    0         360                 358              90.49           6.99           9/15/2005           8/15/2035
     242218339                                    0         180                 177                100          11.99           8/15/2005           7/15/2020
     242218355                                    0         180                 177                100          11.99           8/15/2005           7/15/2020
     242218447                                    0         360                 358                 55           7.15           10/1/2005            9/1/2035
     242218754                                    0         360                 358              90.19           7.75           10/1/2005            9/1/2035
     242218779                                    0         360                 358              80.49           6.95           9/15/2005           8/15/2035
     242218825                                    0         360                 359              99.13           12.5           10/6/2005            9/6/2035
     242307675                                    0         180                 116               81.9          12.75            8/1/2000            7/1/2015
     242307767                                    0         360                 297              83.41          12.99            9/1/2000            8/1/2030
     242319119                                    0         360                 355                 75            9.5           6/15/2005           5/15/2035
     242319295                                    0         360                 355              28.49           7.45            7/1/2005            6/1/2035
     242319639                                    0         360                 356                 70           7.85            8/1/2005            7/1/2035
     242319647                                    0         360                 356              62.22            8.3            8/1/2005            7/1/2035
     242319834                                    0         360                 358              31.88           7.55           9/15/2005           8/15/2035
     242319845                                    0         360                 357              66.67           7.65            9/1/2005            8/1/2035
     242319859                                    0         360                 357              71.43           9.45            9/1/2005            8/1/2035
     242319879                                    0         360                 358              87.73           7.25           9/15/2005           8/15/2035
     242319895                                    0         360                 357              61.86            6.5            9/1/2005            8/1/2035
     242319915                                    0         360                 357              46.73           7.25            9/1/2005            8/1/2035
     242319945                                    0         360                 358                 75            7.1           9/15/2005           8/15/2035
     242319949                                    0         360                 358                 90           7.25           9/15/2005           8/15/2035
     242319977                                    0         240                 238              69.38            9.6           9/15/2005           8/15/2025
     242320048                                    0         360                 358              80.49            7.2           9/15/2005           8/15/2035
     242320057                                    0         360                 358                 90            6.5           10/1/2005            9/1/2035
     242320068                                    0         360                 358              80.49            6.6           10/1/2005            9/1/2035
     242320133                                    0         360                 358              88.39           6.25           10/1/2005            9/1/2035
     242320254                                    0         360                 358                 40            9.6           10/1/2005            9/1/2035
     242320330                                    0         360                 359                 85           7.25          10/15/2005           9/15/2035
     242320432                                    0         360                 359              85.49            7.9           11/1/2005           10/1/2035
     242400789                                    0         240                 147               37.5           13.5            3/1/1998            2/1/2018
     242403901                                    0         240                 176              84.97           12.9            8/1/2000            7/1/2020
     242413438                                    0         240                 230                100           11.7           1/15/2005          12/15/2024
     242414705                                    0         360                 355                 80            9.1            7/1/2005            6/1/2035
     242414953                                    0         360                 356                 85            7.6           7/15/2005           6/15/2035
     242414972                                    0         360                 355                 80            9.4            7/1/2005            6/1/2035
     242414997                                    0         360                 355                 80           7.95            7/1/2005            6/1/2035
     242415000                                    0         240                 235                100          12.25            7/1/2005            6/1/2025
     242415041                                    0         360                 356               83.4            7.7           7/15/2005           6/15/2035
     242415055                                    0         240                 236                100          11.99            8/1/2005            7/1/2025
     242415298                                    0         360                 358                 85            9.1            9/8/2005            8/8/2035
     242415368                                    0         360                 357              81.97           9.95            9/1/2005            8/1/2035
     242415446                                    0         360                 357              88.44           9.25            9/1/2005            8/1/2035
     242415447                                    0         360                 358              84.33           8.25           9/15/2005           8/15/2035
     242415452                                    0         360                 357                 90           7.25            9/1/2005            8/1/2035
     242415471                                    0         360                 357                 80           9.85            9/1/2005            8/1/2035
     242415568                                    0         180                 177                 70           10.3            9/1/2005            8/1/2020
     242415576                                    0         360                 357                 90           7.75            9/1/2005            8/1/2035
     242415596                                    0         360                 357                 90            7.4            9/1/2005            8/1/2035
     242415744                                    0         360                 358                 90           10.5           10/1/2005            9/1/2035
     242415825                                    0         360                 358                 70           10.1           10/1/2005            9/1/2035
     242416065                                    0         360                 359                 25            9.5          10/15/2005           9/15/2035
     242603584                                    0         240                 175              83.86           15.5            7/1/2000            6/1/2020
     242620256                                    0         360                 356              78.13            8.3           7/15/2005           6/15/2035
     242620274                                    0         360                 356                100           8.35            8/1/2005            7/1/2035
     242620383                                    0         360                 358                 90           7.95           9/15/2005           8/15/2035
     242620533                                    0         360                 357              70.49           8.25            9/1/2005            8/1/2035
     242620571                                    0         360                 357              85.49           8.85            9/1/2005            8/1/2035
     242620606                                    0         360                 357              89.29           10.2            9/1/2005            8/1/2035
     242620625                                    0         360                 357                 90            8.6            9/1/2005            8/1/2035
     242620806                                    0         360                 359              65.49           7.75           11/1/2005           10/1/2035
     242620817                                    0         360                 358              85.49           8.69           10/1/2005            9/1/2035
     242700442                                    0         360                 297              80.51           15.2            9/1/2000            8/1/2030
     242711623                                    0         360                 355                 85          10.95           6/15/2005           5/15/2035
     242711819                                    0         360                 356                 80           11.3            8/1/2005            7/1/2035
     242711866                                    0         360                 356                 77              9            8/1/2005            7/1/2035
     242711976                                    0         360                 358              38.46            8.4            9/2/2005            8/2/2035
     242711991                                    0         360                 357               74.8           7.85            9/1/2005            8/1/2035
     242712086                                    0         360                 357                 88           6.99            9/1/2005            8/1/2035
     242712127                                    0         360                 358                 80            9.3           9/15/2005           8/15/2035
     242712134                                    0         360                 358                 79          11.18           10/1/2005            9/1/2035
     242712158                                    0         240                 238              89.67           8.95            9/2/2005            8/2/2025
     242712418                                    0         360                 359                 75           9.95           11/1/2005           10/1/2035
     242800346                                    0         240                 146                 75           9.75           1/30/1998          12/30/2017
     242819277                                    0         360                 355              75.49           8.25            7/1/2005            6/1/2035
     242819587                                    0         360                 355              80.49           8.35           6/15/2005           5/15/2035
     242819631                                    0         180                 175                100          12.45           6/13/2005           5/13/2020
     242819646                                    0         360                 355                 90            7.6            7/1/2005            6/1/2035
     242819670                                    0         360                 357                 90           9.75            9/1/2005            8/1/2035
     242819758                                    0         360                 356              80.49           8.45           7/15/2005           6/15/2035
     242819763                                    0         180                 175                100          12.05            7/1/2005            6/1/2020
     242819774                                    0         360                 356              75.49           6.65            8/1/2005            7/1/2035
     242819802                                    0         360                 356                 85           7.15            8/1/2005            7/1/2035
     242819813                                    0         360                 356              70.49           8.99           7/15/2005           6/15/2035
     242819817                                    0         360                 357                 80           7.25           8/15/2005           7/15/2035
     242819831                                    0         240                 236                100          11.35           7/11/2005           6/11/2025
     242819832                                    0         360                 356                 95            7.5            8/1/2005            7/1/2035
     242819868                                    0         360                 356                 90            7.5            8/1/2005            7/1/2035
     242819999                                    0         360                 357                 74           6.25            9/1/2005            8/1/2035
     242820085                                    0         360                 357                 80           6.85            9/1/2005            8/1/2035
     242820155                                    0         180                 177                100           11.5            9/1/2005            8/1/2020
     242820161                                    0         180                 177                100           11.2            9/1/2005            8/1/2020
     242820167                                    0         360                 358                 80           6.25           9/15/2005           8/15/2035
     242820170                                    0         360                 358                 80            6.8           9/15/2005           8/15/2035
     242820191                                    0         360                 358              75.49          10.77           10/1/2005            9/1/2035
     242820200                                    0         360                 358                 80           6.25           9/15/2005           8/15/2035
     242820219                                    0         360                 358              68.36           7.65           9/15/2005           8/15/2035
     242820255                                    0         360                 358              85.49           6.99           9/15/2005           8/15/2035
     242820361                                    0         360                 358              85.49           7.35           10/1/2005            9/1/2035
     242820411                                    0         360                 358                 80            6.4           10/1/2005            9/1/2035
     242820423                                    0         360                 359              85.49          10.55          10/15/2005           9/15/2035
     242820480                                    0         360                 359              90.49              9          10/15/2005           9/15/2035
     242820498                                    0         360                 358              80.49           9.55           10/1/2005            9/1/2035
     242820513                                    0         360                 359              94.96           10.9          10/13/2005           9/13/2035
     242820516                                    0         360                 359              91.91           11.2          10/15/2005           9/15/2035
     242900629                                    0         120                  24                 60          10.95          11/30/1997          10/30/2007
     242900720                                    0         180                  85              62.75          12.15          12/29/1997          11/29/2012
     242900722                                    0         120                  26                 75             14           1/22/1998          12/22/2007
     242907747                                    0         360                 296                 75           13.5            8/1/2000            7/1/2030
     242907837                                    0         360                 296              72.33           14.7           7/19/2000           6/19/2030
     242907846                                    0         180                 116              89.43           14.5           7/15/2000           6/15/2015
     242907919                                    0         360                 296              91.61           12.5            8/1/2000            7/1/2030
     242907936                                    0         144                  80              84.49           13.5            8/1/2000            7/1/2012
     242907945                                    0         120                  57               74.2          13.35            8/5/2000            7/5/2010
     242907948                                    0         180                 116              92.11             12            8/1/2000            7/1/2015
     242908182                                    0         180                 118                 80          12.75           9/14/2000           8/14/2015
     242922647                                    0         360                 355                 85            7.7            7/1/2005            6/1/2035
     242922897                                    0         360                 354              85.49           7.95            6/1/2005            5/1/2035
     242923205                                    0         360                 356                100           8.05           7/15/2005           6/15/2035
     243103471                                    0         360                 296              78.65          11.99            8/1/2000            7/1/2030
     243113201                                    0         360                 351              90.49            7.3            3/1/2005            2/1/2035
     243113727                                    0         360                 354              85.49           6.99           5/15/2005           4/15/2035
     243114005                                    0         360                 355              70.49            9.6            7/1/2005            6/1/2035
     243114037                                    0         360                 355              70.49           9.85            7/1/2005            6/1/2035
     243114355                                    0         240                 235                100          12.05            7/1/2005            6/1/2025
     243114358                                    0         240                 236              95.42           10.8            7/2/2005            6/2/2025
     243114435                                    0         360                 356              90.49           7.29            8/1/2005            7/1/2035
     243114546                                    0         360                 356              75.49            9.2            8/1/2005            7/1/2035
     243114564                                    0         360                 358              85.49           9.55           9/15/2005           8/15/2035
     243114620                                    0         360                 357              80.49           8.75            9/1/2005            8/1/2035
     243114685                                    0         240                 236              95.49          10.75            8/1/2005            7/1/2025
     243114706                                    0         360                 357              90.49           7.99           8/15/2005           7/15/2035
     243114732                                    0         360                 357                 80           6.59            9/1/2005            8/1/2035
     243114743                                    0         360                 358              80.43           7.49            9/4/2005            8/4/2035
     243114788                                    0         360                 357                 80           6.35            9/1/2005            8/1/2035
     243114823                                    0         360                 357              85.49           10.7            9/1/2005            8/1/2035
     243114930                                    0         360                 358                 80           6.99           9/15/2005           8/15/2035
     243114940                                    0         360                 358              77.39           6.29           10/1/2005            9/1/2035
     243114988                                    0         360                 358              82.79           6.25           9/15/2005           8/15/2035
     243214306                                    0         360                 355              85.49           7.99           6/15/2005           5/15/2035
     243214384                                    0         360                 355              80.49           7.26           6/15/2005           5/15/2035
     243214464                                    0         360                 355              85.49           6.55           6/15/2005           5/15/2035
     243214465                                    0         240                 235                100           11.5           6/10/2005           5/10/2025
     243214692                                    0         240                 236                100             14           7/15/2005           6/15/2025
     243214703                                    0         360                 357              73.35           7.99            9/1/2005            8/1/2035
     243214722                                    0         180                 176                100           13.5           7/15/2005           6/15/2020
     243214751                                    0         360                 357              90.49            8.5            9/1/2005            8/1/2035
     243214795                                    0         240                 236                 95          13.85            8/1/2005            7/1/2025
     243214871                                    0         360                 357              90.03            7.5           8/15/2005           7/15/2035
     243214891                                    0         360                 357              31.11            6.5            9/1/2005            8/1/2035
     243214947                                    0         360                 357                 95           6.99            9/1/2005            8/1/2035
     243214957                                    0         360                 357              90.49            8.4            9/1/2005            8/1/2035
     243214999                                    0         360                 358              60.49            7.9           9/15/2005           8/15/2035
     243215067                                    0         360                 358               78.6              9           9/15/2005           8/15/2035
     243303923                                    0         180                 117                 80          11.99            9/1/2000            8/1/2015
     243319598                                    0         360                 357                 80           7.95            9/1/2005            8/1/2035
     243319625                                    0         360                 357              75.49          10.68            9/1/2005            8/1/2035
     243319695                                    0         360                 358              77.27            8.7           9/15/2005           8/15/2035
     243319704                                    0         360                 358              72.59            9.5           9/15/2005           8/15/2035
     243319746                                    0         360                 357                 80            7.6            9/1/2005            8/1/2035
     243319893                                    0         360                 358                 70          10.55           10/1/2005            9/1/2035
     243319949                                    0         360                 358              68.57           7.65           10/1/2005            9/1/2035
     243416625                                    0         360                 355                 80           7.25           6/15/2005           5/15/2035
     243416682                                    0         360                 356              80.49           9.35           7/15/2005           6/15/2035
     243416737                                    0         360                 355                 80           9.25           6/15/2005           5/15/2035
     243416794                                    0         360                 356              57.03            7.9           7/15/2005           6/15/2035
     243416867                                    0         360                 357                 80            7.3           8/15/2005           7/15/2035
     243416944                                    0         360                 356                 80           7.55            8/1/2005            7/1/2035
     243417012                                    0         360                 357              70.49           7.49            9/1/2005            8/1/2035
     243417021                                    0         240                 236                100          13.99            8/1/2005            7/1/2025
     243417065                                    0         360                 357                 70            9.3            9/1/2005            8/1/2035
     243417083                                    0         360                 358              70.49          10.81           9/15/2005           8/15/2035
     243417106                                    0         360                 358                 85           8.95           10/1/2005            9/1/2035
     243417127                                    0         360                 357              85.49           9.99            9/1/2005            8/1/2035
     243417133                                    0         360                 357                100            8.9           8/15/2005           7/15/2035
     243417159                                    0         360                 357              70.49          10.81            9/1/2005            8/1/2035
     243417230                                    0         360                 359              70.49          10.68          10/15/2005           9/15/2035
     243417252                                    0         360                 358                 90           8.99           9/15/2005           8/15/2035
     243417259                                    0         360                 358                 90            9.4           9/15/2005           8/15/2035
     243503955                                    0         360                 296                 70           8.75           7/15/2000           6/15/2030
     243503962                                    0         360                 296              90.41          11.99            8/1/2000            7/1/2030
     243504008                                    0         360                 297              86.98             10            9/1/2000            8/1/2030
     243504167                                    0         120                  57              39.67           12.5           8/14/2000           7/14/2010
     243504322                                    0         360                 297                 70          12.99            9/1/2000            8/1/2030
     243504388                                    0         240                 178              87.86          12.99            9/7/2000            8/7/2020
     243521285                                    0         360                 355                 75           9.99            7/1/2005            6/1/2035
     243521479                                    0         360                 356               63.2            9.7            8/1/2005            7/1/2035
     243521543                                    0         360                 356              80.49          11.33            8/1/2005            7/1/2035
     243521565                                    0         360                 357                 80           7.45           8/15/2005           7/15/2035
     243521645                                    0         180                 177              52.29              8            9/1/2005            8/1/2020
     243521726                                    0         360                 357              85.45           7.25           8/15/2005           7/15/2035
     243521759                                    0         360                 357               50.1           7.55            9/1/2005            8/1/2035
     243521796                                    0         360                 357                 90           6.25            9/1/2005            8/1/2035
     243521823                                    0         360                 357                 90           8.55            9/1/2005            8/1/2035
     243521835                                    0         360                 357              64.65            8.6            9/1/2005            8/1/2035
     243521837                                    0         360                 357                 85          10.75            9/1/2005            8/1/2035
     243521874                                    0         360                 357              70.49          11.54            9/1/2005            8/1/2035
     243521876                                    0         360                 357                 80           8.35            9/1/2005            8/1/2035
     243521909                                    0         360                 358                 80            9.5           9/15/2005           8/15/2035
     243521931                                    0         360                 358              79.55           8.25           9/15/2005           8/15/2035
     243521963                                    0         360                 358              85.47            7.9            9/8/2005            8/8/2035
     243521972                                    0         360                 358                 75           10.4           10/1/2005            9/1/2035
     243521981                                    0         360                 358                 90           8.15           9/15/2005           8/15/2035
     243522015                                    0         360                 358              72.09           6.75           9/15/2005           8/15/2035
     243522052                                    0         360                 359              80.49           9.99           11/1/2005           10/1/2035
     243522059                                    0         360                 359              55.67           9.35           11/1/2005           10/1/2035
     243522078                                    0         360                 358              85.49           9.55           10/1/2005            9/1/2035
     243522098                                    0         360                 358              67.23           6.25           10/1/2005            9/1/2035
     243522101                                    0         360                 359              30.93           10.2           11/1/2005           10/1/2035
     243522117                                    0         360                 358                 80            6.8           10/1/2005            9/1/2035
     243522172                                    0         360                 358               66.8           6.25           10/1/2005            9/1/2035
     243522355                                    0         360                 359                100          14.01          10/14/2005           9/14/2035
     243603756                                    0         360                 295                 72          12.45            7/1/2000            6/1/2030
     243603797                                    0         360                 295              80.08          13.45            7/1/2000            6/1/2030
     243603923                                    0         180                 115                 80           11.9            7/1/2000            6/1/2015
     243604063                                    0         360                 296                 80             13            8/1/2000            7/1/2030
     243604106                                    0         360                 296                 75           13.2           7/20/2000           6/20/2030
     243604237                                    0         360                 297                 65          13.25            9/1/2000            8/1/2030
     243604370                                    0         360                 297              96.18          11.99            9/1/2000            8/1/2030
     243604372                                    0         240                 178              85.69           12.4           9/14/2000           8/14/2020
     243604407                                    0         360                 297              92.52           11.9            9/1/2000            8/1/2030
     243604489                                    0         360                 298                 90           12.4            9/8/2000            8/8/2030
     243604512                                    0         360                 297                 75           12.8            9/1/2000            8/1/2030
     243604558                                    0         240                 177              84.49          12.25            9/1/2000            8/1/2020
     243604589                                    0         240                 178              85.25          12.05           10/1/2000            9/1/2020
     243604658                                    0         360                 298                 90          11.99           9/11/2000           8/11/2030
     243615927                                    0         180                 175                100           14.1           6/14/2005           5/14/2020
     243616087                                    0         360                 354              80.49            8.7            6/1/2005            5/1/2035
     243616098                                    0         360                 355                 90              8            7/1/2005            6/1/2035
     243616162                                    0         360                 356              90.49           7.55           7/15/2005           6/15/2035
     243616385                                    0         360                 357                100           7.94            9/1/2005            8/1/2035
     243616408                                    0         360                 358                 70            7.5           9/15/2005           8/15/2035
     243616463                                    0         360                 357                100           8.85            9/1/2005            8/1/2035
     243616567                                    0         360                 358                 90           6.65           10/1/2005            9/1/2035
     243616594                                    0         360                 359                100           10.2          10/15/2005           9/15/2035
     243712933                                    0         360                 355              90.49            7.5            7/1/2005            6/1/2035
     243713088                                    0         240                 235              98.64          11.99            7/1/2005            6/1/2025
     243713108                                    0         360                 355              65.15           5.99           6/15/2005           5/15/2035
     243713166                                    0         240                 235                100          11.85           6/11/2005           5/11/2025
     243713265                                    0         240                 235                100          12.45            7/1/2005            6/1/2025
     243713328                                    0         180                 175                100           12.9            7/1/2005            6/1/2020
     243713473                                    0         360                 357                100           10.3           8/15/2005           7/15/2035
     243713540                                    0         360                 358              75.49            9.2           10/1/2005            9/1/2035
     243713557                                    0         360                 357              80.49            6.5            9/1/2005            8/1/2035
     243713627                                    0         360                 358              65.49           6.25           9/15/2005           8/15/2035
     243713655                                    0         360                 357               66.2           6.95            9/1/2005            8/1/2035
     243713738                                    0         360                 358              85.49          10.35           9/15/2005           8/15/2035
     243713739                                    0         360                 358              55.97           12.5           9/15/2005           8/15/2035
     243713745                                    0         360                 358              42.25           6.25           9/15/2005           8/15/2035
     243713747                                    0         180                 178              68.38            7.3            9/8/2005            8/8/2020
     243713761                                    0         360                 358              66.67           7.45           9/15/2005           8/15/2035
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     243818008                                    0         360                 355                 90            7.9            7/1/2005            6/1/2035
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     243818207                                    0         360                 356              87.72           7.65            8/1/2005            7/1/2035
     243818271                                    0         240                 236                100          13.05            8/1/2005            7/1/2025
     243818300                                    0         360                 358              49.09           9.55           9/15/2005           8/15/2035
     243818362                                    0         360                 357              65.38           11.6            9/1/2005            8/1/2035
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     243818390                                    0         360                 358                 90           8.75           9/15/2005           8/15/2035
     243818400                                    0         360                 357               89.7            8.7            9/1/2005            8/1/2035
     243818520                                    0         360                 358              71.92           8.35           9/15/2005           8/15/2035
     243818711                                    0         360                 359                100           14.2           10/9/2005            9/9/2035
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     244102814                                    0         180                 115              90.06          12.99            7/1/2000            6/1/2015
     244102836                                    0         120                  56              49.19           12.5            7/8/2000            6/8/2010
     244102897                                    0         360                 296                 80           11.7           7/15/2000           6/15/2030
     244102921                                    0         360                 296              89.81          10.99            8/1/2000            7/1/2030
     244102963                                    0         180                 117              67.92           11.8            9/1/2000            8/1/2015
     244103224                                    0         180                 117              56.67             12           8/17/2000           7/17/2015
     244103305                                    0         180                 117                 85          11.99           8/17/2000           7/17/2015
     244103597                                    0         120                  58              67.14          11.75           9/15/2000           8/15/2010
     244122852                                    0         360                 353                 90           9.05            5/1/2005            4/1/2035
     244123428                                    0         360                 354                 90           7.25            6/1/2005            5/1/2035
     244123472                                    0         360                 355              88.33            8.1           6/15/2005           5/15/2035
     244123539                                    0         360                 355                 65              9           6/15/2005           5/15/2035
     244123750                                    0         360                 355                 80           7.25            7/1/2005            6/1/2035
     244123752                                    0         240                 235                100          13.25            7/1/2005            6/1/2025
     244123824                                    0         360                 356              48.78            7.4           7/15/2005           6/15/2035
     244123832                                    0         360                 356              74.63           10.5           7/15/2005           6/15/2035
     244123989                                    0         276                 273              76.92           10.8            9/1/2005            8/1/2028
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     244124123                                    0         360                 357              73.94            9.9            9/1/2005            8/1/2035
     244124125                                    0         360                 357                 60            8.9            9/1/2005            8/1/2035
     244124130                                    0         360                 358              65.49              8           9/15/2005           8/15/2035
     244124149                                    0         360                 357                 65           8.65            9/1/2005            8/1/2035
     244124156                                    0         360                 357                 90           8.25            9/1/2005            8/1/2035
     244124169                                    0         180                 178              73.53           8.49            9/3/2005            8/3/2020
     244124194                                    0         360                 357              80.49           9.99            9/1/2005            8/1/2035
     244124195                                    0         360                 358              55.56           9.45           10/1/2005            9/1/2035
     244124229                                    0         360                 359              68.42            9.8           11/1/2005           10/1/2035
     244124675                                    0         360                 359              90.49           9.25           11/1/2005           10/1/2035
     244200571                                    0         360                 295              84.49          10.95            7/1/2000            6/1/2030
     244211077                                    0         360                 353                 90            7.5           4/15/2005           3/15/2035
     244211405                                    0         360                 355                 95            7.2            7/1/2005            6/1/2035
     244211445                                    0         360                 355              65.49           8.85           6/15/2005           5/15/2035
     244211481                                    0         360                 355              85.49            8.2           6/13/2005           5/13/2035
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     244211574                                    0         360                 355              80.49           8.65            7/1/2005            6/1/2035
     244211733                                    0         360                 356              85.49            8.7            8/1/2005            7/1/2035
     244211741                                    0         360                 356              85.49           9.75           7/15/2005           6/15/2035
     244211756                                    0         360                 357                 90           9.62            9/1/2005            8/1/2035
     244211865                                    0         360                 358              75.49           9.65           10/1/2005            9/1/2035
     244211877                                    0         240                 237                100          12.25           8/15/2005           7/15/2025
     244211930                                    0         360                 357              85.49            7.9            9/1/2005            8/1/2035
     244211986                                    0         360                 358              83.07           8.25           10/1/2005            9/1/2035
     244211997                                    0         360                 357              23.42           9.99            9/1/2005            8/1/2035
     244212041                                    0         360                 357              85.49            6.5            9/1/2005            8/1/2035
     244212184                                    0         360                 359              44.64           9.75          10/15/2005           9/15/2035
     244402463                                    0         360                 297              75.47          11.15            9/1/2000            8/1/2030
     244402480                                    0         180                 116              78.69          11.75            8/1/2000            7/1/2015
     244412691                                    0         360                 354              75.49              8            6/1/2005            5/1/2035
     244412852                                    0         360                 356              73.01           9.85            7/2/2005            6/2/2035
     244412910                                    0         360                 356                 75            8.9           7/15/2005           6/15/2035
     244413008                                    0         360                 357              80.49           8.55           8/15/2005           7/15/2035
     244413016                                    0         360                 357              83.33           6.99            9/1/2005            8/1/2035
     244413126                                    0         180                 177                 70            9.3            9/1/2005            8/1/2020
     244413127                                    0         360                 357              49.62            9.2            9/1/2005            8/1/2035
     244413174                                    0         360                 358              33.86            8.6           9/15/2005           8/15/2035
     244413197                                    0         360                 358              85.49           9.55           10/1/2005            9/1/2035
     244413235                                    0         360                 358              74.36           6.65           9/15/2005           8/15/2035
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     244502600                                    0         360                 296              86.21          11.99           7/14/2000           6/14/2030
     244502643                                    0         180                 117              83.28          13.45           8/19/2000           7/19/2015
     244502759                                    0         360                 297              82.41          12.99           8/15/2000           7/15/2030
     244502808                                    0         360                 296              85.42           13.2            8/1/2000            7/1/2030
     244502849                                    0         120                  57              91.99          12.35           8/18/2000           7/18/2010
     244503028                                    0         360                 297              93.68          11.99            9/1/2000            8/1/2030
     244503040                                    0         360                 298              84.99          12.49           10/1/2000            9/1/2030
     244503108                                    0         180                 118              50.72          11.85           9/16/2000           8/16/2015
     244519218                                    0         360                 355                 85           8.99           6/15/2005           5/15/2035
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     244519290                                    0         360                 355              71.43           8.45            7/1/2005            6/1/2035
     244519365                                    0         240                 235                100           10.6            7/1/2005            6/1/2025
     244519534                                    0         360                 356              51.28            8.9            8/1/2005            7/1/2035
     244519577                                    0         360                 356              85.49           10.3            8/1/2005            7/1/2035
     244519586                                    0         360                 357              51.02            7.2            9/1/2005            8/1/2035
     244519636                                    0         360                 356                 95              8            8/1/2005            7/1/2035
     244519647                                    0         360                 356                 90            7.3            8/1/2005            7/1/2035
     244519666                                    0         360                 357              75.49           7.25           8/15/2005           7/15/2035
     244519693                                    0         360                 357                 85           9.35           8/15/2005           7/15/2035
     244519705                                    0         360                 357                 80           7.97            9/1/2005            8/1/2035
     244519723                                    0         360                 358              90.31            8.8           9/15/2005           8/15/2035
     244519746                                    0         360                 357              75.49           9.45           8/15/2005           7/15/2035
     244519809                                    0         360                 357                 90          10.67            9/1/2005            8/1/2035
     244519855                                    0         360                 358              80.49           11.2           9/11/2005           8/11/2035
     244519856                                    0         360                 358                 80           8.25           9/15/2005           8/15/2035
     244519938                                    0         360                 358              75.49          10.68           10/1/2005            9/1/2035
     244519971                                    0         360                 358              75.49           10.3           10/1/2005            9/1/2035
     244601454                                    0         360                 296              72.46          13.85            7/5/2000            6/5/2030
     244601535                                    0         360                 296              82.27           13.8            7/2/2000            6/2/2030
     244601707                                    0         360                 296               57.4          11.99           7/15/2000           6/15/2030
     244815510                                    0         360                 356              66.67          10.65            8/1/2005            7/1/2035
     244815782                                    0         360                 357                 80              7            9/1/2005            8/1/2035
     244816010                                    0         120                 119                100          12.55           10/6/2005            9/6/2015
     244900460                                    0         180                 117              77.96          11.99            9/1/2000            8/1/2015
     244900463                                    0         360                 297              73.25          14.99            9/1/2000            8/1/2030
     245002278                                    0         360                 296              66.67           11.1            8/1/2000            7/1/2030
     245102695                                    0         360                 296                 80           9.65            8/1/2000            7/1/2030
     245107772                                    0         360                 355                 90           8.75            7/1/2005            6/1/2035
     245107802                                    0         360                 355                 75            7.8           6/15/2005           5/15/2035
     245107826                                    0         360                 355               82.4            6.4            7/1/2005            6/1/2035
     245107862                                    0         360                 356              76.62           5.75           7/15/2005           6/15/2035
     245107897                                    0         360                 356                 85           7.25           7/15/2005           6/15/2035
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     245107934                                    0         360                 357                 85           8.19            9/1/2005            8/1/2035
     245107941                                    0         360                 357                 90           8.65            9/1/2005            8/1/2035
     245107942                                    0         360                 357                 70           8.65            9/1/2005            8/1/2035
     245107968                                    0         360                 358                100           8.05           10/1/2005            9/1/2035
     245204294                                    0         360                 298              94.29          10.75           10/1/2000            9/1/2030
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     245212262                                    0         360                 355                 80           8.75           6/15/2005           5/15/2035
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     245212323                                    0         360                 355                 95           7.49            7/1/2005            6/1/2035
     245212334                                    0         360                 356               81.6           6.75           7/15/2005           6/15/2035
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     245212393                                    0         360                 356              68.04            8.3            8/1/2005            7/1/2035
     245212400                                    0         360                 357                 90            7.5           8/15/2005           7/15/2035
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     245212515                                    0         360                 357              81.79            8.1            9/1/2005            8/1/2035
     245212568                                    0         360                 358                 90          8.625           9/15/2005           8/15/2035
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     245212702                                    0         360                 359              91.01           6.25           11/1/2005           10/1/2035
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     245305210                                    0         360                 355                 80           6.95            7/1/2005            6/1/2035
     245305236                                    0         360                 358               91.8           8.55           9/15/2005           8/15/2035
     245305258                                    0         360                 358              66.95           8.75           10/1/2005            9/1/2035
     245305264                                    0         360                 358               80.7           8.95           10/1/2005            9/1/2035
     245305287                                    0         360                 359                 90            8.4          10/15/2005           9/15/2035
     245305325                                    0         360                 359               92.7            6.8          10/15/2005           9/15/2035
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     245305334                                    0         360                 359                 80            6.5          10/15/2005           9/15/2035
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     245409060                                    0         360                 355               92.7           7.25           6/15/2005           5/15/2035
     245409066                                    0         180                 175                100          11.49            7/1/2005            6/1/2020
     245409116                                    0         360                 355              92.18           8.45            7/1/2005            6/1/2035
     245409133                                   56         360                 356                 80           6.25           7/15/2005           6/15/2035
     245409147                                    0         360                 356                 75            9.4           7/15/2005           6/15/2035
     245409157                                   56         360                 356                 80           6.25            8/1/2005            7/1/2035
     245409162                                    0         360                 356                 80           5.99            8/1/2005            7/1/2035
     245409195                                   56         360                 356                 80           5.99            8/1/2005            7/1/2035
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     245409220                                    0         360                 357                 80            7.5            9/1/2005            8/1/2035
     245409229                                    0         360                 358              87.55           6.95           9/15/2005           8/15/2035
     245409230                                    0         360                 357                 80            6.5            9/1/2005            8/1/2035
     245409274                                    0         360                 358              87.55            6.8           9/15/2005           8/15/2035
     245409303                                   58         360                 358              91.32           7.25           10/1/2005            9/1/2035
     245409309                                    0         360                 358               82.4            7.5           10/1/2005            9/1/2035
     245409311                                   58         360                 358                 80           5.49           10/1/2005            9/1/2035
     245409323                                   58         360                 358               90.9           6.85           10/1/2005            9/1/2035
     245409331                                    0         360                 358                 80          6.375           10/1/2005            9/1/2035
     245409339                                   58         360                 358                 80            6.4           10/1/2005            9/1/2035
     245409347                                    0         360                 359                 74            9.8          10/15/2005           9/15/2035
     245409359                                    0         360                 359                100            8.9           11/1/2005           10/1/2035
     245409377                                   58         360                 358                 80            6.3           10/1/2005            9/1/2035
     245409382                                   58         360                 358                 80            6.5           10/1/2005            9/1/2035
     245409401                                    0         180                 179               98.6           8.85          10/16/2005           9/16/2020
     245409403                                    0         180                 179                100          10.45           11/1/2005           10/1/2020
     245409412                                    0         180                 179                100           8.85           11/1/2005           10/1/2020
     245605782                                    0         240                 229                100          10.75            1/1/2005           12/1/2024
     245606032                                    0         360                 354                 85           8.95           5/15/2005           4/15/2035
     245606090                                    0         360                 355                100            9.5            7/1/2005            6/1/2035
     245606127                                    0         360                 358              58.82           8.55           10/1/2005            9/1/2035
     245606148                                    0         360                 355                 70           7.55            7/1/2005            6/1/2035
     245606152                                   55         360                 355                 80            7.5            7/1/2005            6/1/2035
     245606166                                    0         360                 355              79.68           9.25            7/1/2005            6/1/2035
     245606184                                    0         360                 356                 80            9.7            8/1/2005            7/1/2035
     245606190                                    0         360                 355                 80           7.49            7/1/2005            6/1/2035
     245606193                                    0         360                 356                 80           7.25           7/15/2005           6/15/2035
     245606208                                    0         360                 356                 80           7.95            8/1/2005            7/1/2035
     245606217                                    0         360                 357                 90              8           8/15/2005           7/15/2035
     245606232                                    0         360                 357                 90           7.75           8/15/2005           7/15/2035
     245606243                                    0         360                 357                 90           9.65           8/15/2005           7/15/2035
     245606244                                    0         360                 356                 90           9.75            8/1/2005            7/1/2035
     245606264                                    0         360                 357                 70           9.99            9/1/2005            8/1/2035
     245606277                                    0         360                 358                 85           9.99           10/1/2005            9/1/2035
     245606301                                    0         360                 357                 85           8.05            9/1/2005            8/1/2035
     245606316                                    0         360                 358              53.25           7.99           10/1/2005            9/1/2035
     245606323                                    0         360                 358                100            8.8           10/1/2005            9/1/2035
     245606324                                    0         360                 359                 90           9.25          10/15/2005           9/15/2035
     245606371                                    0         360                 359              71.43            8.6           11/1/2005           10/1/2035
     245707959                                    0         360                 355              61.95           5.75           6/15/2005           5/15/2035
     245707972                                    0         360                 355               82.4            6.5           6/16/2005           5/16/2035
     245707991                                    0         360                 355               87.5           6.84            7/1/2005            6/1/2035
     245707993                                    0         360                 355               80.8           7.24           6/15/2005           5/15/2035
     245708000                                   55         360                 355                 80            7.7           6/15/2005           5/15/2035
     245708006                                    0         360                 355                 90            7.5            7/1/2005            6/1/2035
     245708015                                   55         360                 355                 80            6.5            7/1/2005            6/1/2035
     245708032                                    0         360                 356                 80           7.43           7/15/2005           6/15/2035
     245708034                                    0         360                 355                 80            7.1            7/1/2005            6/1/2035
     245708041                                    0         360                 356                 95           6.99            8/1/2005            7/1/2035
     245708044                                   55         360                 355                 80           6.75            7/1/2005            6/1/2035
     245708048                                    0         360                 356              77.25           5.75           7/15/2005           6/15/2035
     245708052                                    0         360                 355                 95           7.59            7/1/2005            6/1/2035
     245708059                                    0         360                 355                 80            6.8            7/1/2005            6/1/2035
     245708062                                    0         360                 355                 80            6.9            7/1/2005            6/1/2035
     245708064                                    0         360                 356              60.08           6.99            8/1/2005            7/1/2035
     245708065                                   56         360                 356                 80           7.65           7/15/2005           6/15/2035
     245708078                                    0         180                 177               82.4            8.1            9/1/2005            8/1/2020
     245708080                                    0         360                 356               82.4           6.65            8/1/2005            7/1/2035
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     248605474                                   55         360                 355                 80              7            7/1/2005            6/1/2035
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     248605489                                    0         360                 355                 80              7            7/1/2005            6/1/2035
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     248605539                                   55         360                 355              89.62           7.75            7/1/2005            6/1/2035
     248605541                                    0         360                 355                 80              6            7/1/2005            6/1/2035
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     248605547                                   55         360                 355                 80           6.95            7/1/2005            6/1/2035
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     248605551                                    0         360                 355                100           8.35            7/1/2005            6/1/2035
     248605552                                    0         180                 175                100           9.75            7/1/2005            6/1/2020
     248605553                                    0         360                 355                 80           7.15            7/1/2005            6/1/2035
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     248605562                                   56         360                 356                 90           8.54            8/1/2005            7/1/2035
     248605571                                    0         180                 175                100           10.4            7/1/2005            6/1/2020
     248605576                                   55         360                 355                 90            6.9            7/1/2005            6/1/2035
     248605579                                   55         360                 355                 80           6.95            7/1/2005            6/1/2035
     248605580                                    0         360                 355                 56           10.8            7/1/2005            6/1/2035
     248605582                                    0         360                 355                 80           6.75            7/1/2005            6/1/2035
     248605583                                    0         360                 356                 90            7.6            8/1/2005            7/1/2035
     248605585                                   55         360                 355                 80           6.39            7/1/2005            6/1/2035
     248605594                                    0         360                 355                 80           7.05            7/1/2005            6/1/2035
     248605600                                    0         180                 175                100            9.8            7/1/2005            6/1/2020
     248605602                                   56         360                 356                 80           6.72            8/1/2005            7/1/2035
     248605612                                   55         360                 355                 80            7.7            7/1/2005            6/1/2035
     248605618                                   55         360                 355                 80            6.4            7/1/2005            6/1/2035
     248605626                                    0         180                 175                100          10.25            7/1/2005            6/1/2020
     248605627                                    0         360                 355                 80              6            7/1/2005            6/1/2035
     248605634                                   56         360                 356                 80           6.49            8/1/2005            7/1/2035
     248605635                                   55         360                 355                 80           6.45            7/1/2005            6/1/2035
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     248605661                                    0         180                 175                100           10.3            7/1/2005            6/1/2020
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     248605727                                    0         180                 176                100            9.6            8/1/2005            7/1/2020
     248605730                                   56         360                 356                 80              6            8/1/2005            7/1/2035
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     248605740                                    0         360                 356                 80           8.05            8/1/2005            7/1/2035
     248605742                                   56         360                 356                 80              7            8/1/2005            7/1/2035
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     249321872                                    0         360                 358              85.49         10.675           10/1/2005            9/1/2035
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     251601218                                    0         360                 357               80.8           7.95           8/15/2005           7/15/2035
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     251601362                                   58         360                 358                 80           6.55           10/1/2005            9/1/2035
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     252005002                                    0         360                 358                100           8.49           10/1/2005            9/1/2035
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     252005109                                    0         360                 359                100           9.75           11/1/2005           10/1/2035
     252005137                                    0         360                 359                 90           9.99           11/1/2005           10/1/2035
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     252206194                                    0         360                 356                 85            8.5            8/1/2005            7/1/2035
     252206225                                    0         360                 356              79.29            8.3            8/1/2005            7/1/2035
     252206278                                    0         360                 357              80.49           8.49           8/15/2005           7/15/2035
     252206356                                    0         360                 357                 85           7.35            9/1/2005            8/1/2035
     252206398                                    0         360                 358                 90           9.99           9/15/2005           8/15/2035
     252206601                                    0         360                 358              84.86           9.75           10/1/2005            9/1/2035
     252402166                                    0         360                 341              73.43            7.5            5/1/2004            4/1/2034
     252405038                                    0         360                 355               69.8            7.3            7/1/2005            6/1/2035
     252405039                                    0         360                 355                 90           9.99            7/1/2005            6/1/2035
     252405092                                    0         240                 236               90.8          11.15           7/13/2005           6/13/2025
     252405120                                    0         360                 355              72.33           7.99            7/1/2005            6/1/2035
     252405199                                    0         360                 356                100            8.4           7/15/2005           6/15/2035
     252405263                                    0         360                 356                 80            9.4           7/15/2005           6/15/2035
     252405272                                    0         360                 356              80.49           9.99            8/1/2005            7/1/2035
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     252405394                                    0         360                 357                 95            7.2           8/15/2005           7/15/2035
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     252707582                                    0         360                 354                 59            7.3           5/12/2005           4/12/2035
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     252708921                                    0         360                 357               72.8           6.25            9/1/2005            8/1/2035
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     252709055                                    0         360                 357              61.23           6.99            9/1/2005            8/1/2035
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     252709215                                    0         360                 358                 95              9           10/1/2005            9/1/2035
     252709352                                    0         360                 358               62.5           6.25           10/1/2005            9/1/2035
     252709358                                   58         360                 358              77.52           6.65           10/1/2005            9/1/2035
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     252808444                                    0         360                 356              79.47            7.7           7/15/2005           6/15/2035
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     252808831                                    0         360                 356              85.49           8.99            8/1/2005            7/1/2035
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     253204427                                    0         360                 357              85.49           8.55            9/1/2005            8/1/2035
     253204450                                    0         180                 178                 52           6.99           9/10/2005           8/10/2020
     253204611                                    0         360                 358              75.96           6.25           9/15/2005           8/15/2035
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     253303818                                    0         240                 236              96.85          12.75           7/15/2005           6/15/2025
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     253304467                                    0         360                 359              86.17           7.99          10/15/2005           9/15/2035
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     253402918                                    0         360                 357                 90           8.85            9/1/2005            8/1/2035
     253503284                                    0         180                 175                100          11.99            7/1/2005            6/1/2020
     253503476                                    0         360                 356              80.49              7           7/15/2005           6/15/2035
     253503546                                    0         360                 356                100           9.25           7/15/2005           6/15/2035
     253503827                                    0         360                 358              63.13              7           9/15/2005           8/15/2035
     253504024                                    0         360                 357                 90            6.9            9/1/2005            8/1/2035
     253504036                                    0         360                 357               82.9           6.75            9/1/2005            8/1/2035
     253504206                                    0         360                 358              75.49           6.25           10/1/2005            9/1/2035
     253504251                                    0         360                 358              77.06           9.45           10/1/2005            9/1/2035
     253603332                                    0         360                 355              69.17          10.93           6/15/2005           5/15/2035
     253603370                                    0         360                 354                 50           10.6            6/1/2005            5/1/2035
     253603384                                    0         360                 355                100            7.7            7/1/2005            6/1/2035
     253603491                                    0         360                 355              74.07           7.75            7/1/2005            6/1/2035
     253603508                                    0         360                 356                 80          10.25            8/1/2005            7/1/2035
     253603544                                    0         360                 356                 80            7.9            8/1/2005            7/1/2035
     253603779                                    0         360                 358              52.63           8.05           9/15/2005           8/15/2035
     253603784                                    0         360                 357                 80            9.5            9/1/2005            8/1/2035
     253603811                                    0         360                 357                 75          10.56            9/1/2005            8/1/2035
     253603841                                    0         360                 357                 80           8.25            9/1/2005            8/1/2035
     253603863                                    0         360                 358                 70           7.95           9/15/2005           8/15/2035
     253603871                                    0         120                 118              59.09            9.8            9/8/2005            8/8/2015
     253603898                                    0         360                 358              63.29           7.85           10/1/2005            9/1/2035
     253603922                                    0         360                 358              72.09          10.43           9/15/2005           8/15/2035
     253603965                                    0         360                 358              56.25          10.52           10/1/2005            9/1/2035
     253603974                                    0         360                 358                 75           8.65           9/15/2005           8/15/2035
     253604021                                    0         360                 358              72.73            7.2           9/15/2005           8/15/2035
     253604091                                    0         360                 358              43.48          10.31           10/1/2005            9/1/2035
     253604107                                    0         360                 358              65.36             10           10/1/2005            9/1/2035
     253604119                                    0         360                 358                 80           10.2           10/1/2005            9/1/2035
     253604151                                    0         360                 359                 75           9.75          10/15/2005           9/15/2035
     253704663                                    0         360                 352              52.27           6.25           3/15/2005           2/15/2035
     253705301                                    0         360                 356              84.02           11.5           7/15/2005           6/15/2035
     253705354                                    0         180                 174                100          10.99            6/1/2005            5/1/2020
     253705381                                    0         180                 175              92.42          11.25           6/14/2005           5/14/2020
     253705524                                    0         360                 355              70.49           11.4            7/1/2005            6/1/2035
     253705575                                    0         360                 356              85.49           6.99            8/1/2005            7/1/2035
     253705590                                    0         180                 176              93.67           11.6            7/7/2005            6/7/2020
     253705654                                    0         240                 235                100           11.5            7/1/2005            6/1/2025
     253705672                                    0         360                 356              60.49           8.05           7/15/2005           6/15/2035
     253705708                                    0         360                 357              65.49            8.6            9/1/2005            8/1/2035
     253705723                                    0         360                 357                 95          6.375           8/15/2005           7/15/2035
     253705852                                    0         180                 176              99.42           10.1            8/1/2005            7/1/2020
     253705995                                    0         360                 358              54.35            8.9           9/15/2005           8/15/2035
     253706019                                    0         360                 358              77.11           8.45           9/13/2005           8/13/2035
     253706029                                    0         360                 358              85.49           7.99           9/15/2005           8/15/2035
     253706043                                    0         360                 357              85.49           7.99            9/1/2005            8/1/2035
     253706061                                    0         360                 358              67.96           8.75           9/15/2005           8/15/2035
     253706128                                    0         360                 358              41.37           6.25           9/15/2005           8/15/2035
     253706130                                    0         360                 357              80.49            6.5            9/1/2005            8/1/2035
     253706168                                    0         360                 358              85.49           6.95           9/15/2005           8/15/2035
     253706176                                    0         360                 358              80.49            9.5           10/1/2005            9/1/2035
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     253804930                                    0         360                 356                 95              8            8/1/2005            7/1/2035
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     254205977                                   59         360                 359                 90           8.45           11/1/2005           10/1/2035
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     254508918                                    0         360                 358              70.49           9.45           9/15/2005           8/15/2035
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     254607377                                    0         360                 356              63.24             10            8/1/2005            7/1/2035
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     254607565                                    0         360                 357               76.6           6.99            9/1/2005            8/1/2035
     254607591                                    0         360                 358              70.32          10.63           9/15/2005           8/15/2035
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     254706292                                    0         180                 176                 95          10.55            8/1/2005            7/1/2020
     254706338                                    0         360                 356                100           8.25            8/1/2005            7/1/2035
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     254809852                                    0         360                 357                 80              7            9/1/2005            8/1/2035
     254809869                                    0         180                 177              58.14           8.95            9/1/2005            8/1/2020
     254809880                                    0         360                 358                 80          10.56           10/1/2005            9/1/2035
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     254809942                                    0         360                 357              48.31            8.8            9/1/2005            8/1/2035
     254810033                                    0         360                 358                 80            8.9           9/15/2005           8/15/2035
     254810038                                    0         360                 358              62.89           9.45            9/9/2005            8/9/2035
     254810285                                    0         360                 359                 80            8.9           11/1/2005           10/1/2035
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     254909984                                    0         360                 356                 65           8.35           7/15/2005           6/15/2035
     254910211                                    0         360                 356                 80          11.18            8/1/2005            7/1/2035
     254910429                                    0         360                 357              87.74           9.99            9/1/2005            8/1/2035
     254910432                                    0         360                 357              71.43          11.75           8/15/2005           7/15/2035
     254910518                                    0         360                 357                 80           9.99            9/1/2005            8/1/2035
     254910539                                    0         360                 357                 75           9.99            9/1/2005            8/1/2035
     254910557                                    0         360                 358                 80           7.06           9/15/2005           8/15/2035
     254910573                                    0         240                 237              66.42          11.48            9/1/2005            8/1/2025
     254910639                                    0         360                 357              71.53            8.5            9/1/2005            8/1/2035
     254910655                                    0         360                 358               62.5          10.38           9/15/2005           8/15/2035
     254910665                                    0         120                 118                 80           7.95            9/5/2005            8/5/2015
     254910775                                    0         360                 358              49.02          10.38           10/1/2005            9/1/2035
     254911050                                    0         360                 359               70.4            9.5           11/1/2005           10/1/2035
     255001194                                    0         240                 176                 75          12.15           7/19/2000           6/19/2020
     255001356                                    0         240                 177              76.56           13.4           8/18/2000           7/18/2020
     255001363                                    0         360                 297                 75           13.5            9/1/2000            8/1/2030
     255001408                                    0         360                 297                 80           11.9            9/1/2000            8/1/2030
     255001426                                    0         180                 118                 80           12.9           10/1/2000            9/1/2015
     255102719                                    0         360                 296                 90           12.3           7/14/2000           6/14/2030
     255103898                                    0         360                 296              79.95           12.8            8/1/2000            7/1/2030
     255103917                                    0         180                 116                 80           14.2            8/1/2000            7/1/2015
     255103988                                    0         240                 176              57.42          13.85            8/1/2000            7/1/2020
     255302046                                    0         240                 176              67.27          12.85            8/1/2000            7/1/2020
     255302275                                    0         204                 140                 80             13            8/1/2000            7/1/2017
     255302284                                    0         144                  79                 80          13.75            7/1/2000            6/1/2012
     255302300                                    0         180                 115                 80          12.85            7/1/2000            6/1/2015
     255302601                                    0         180                 118              67.94           12.7            9/7/2000            8/7/2015
     255302749                                    0         120                  58              59.09           11.8           9/14/2000           8/14/2010
     255316280                                    0         360                 345              59.52          10.25            9/1/2004            8/1/2034
     255318896                                    0         360                 355                 80           7.99            7/1/2005            6/1/2035
     255319032                                    0         360                 356                 80           8.99            8/1/2005            7/1/2035
     255319053                                    0         360                 357                 80          10.94           8/15/2005           7/15/2035
     255319068                                    0         360                 356              70.42           10.8            8/1/2005            7/1/2035
     255319090                                    0         360                 356                 80           10.2            8/1/2005            7/1/2035
     255319185                                    0         360                 357              68.75           9.99           8/15/2005           7/15/2035
     255319221                                    0         360                 357                 80           7.75            9/1/2005            8/1/2035
     255319294                                    0         360                 357                 80          11.31            9/1/2005            8/1/2035
     255319315                                    0         240                 238              21.83           7.65            9/2/2005            8/2/2025
     255319319                                    0         360                 358              70.42          10.65           9/15/2005           8/15/2035
     255319328                                    0         240                 237                 75           12.5            9/1/2005            8/1/2025
     255319351                                    0         360                 358                 75          10.56           10/1/2005            9/1/2035
     255319380                                    0         360                 357                 75           9.45            9/1/2005            8/1/2035
     255319402                                    0         360                 358                 75          10.68           9/15/2005           8/15/2035
     255319406                                    0         360                 358              74.07           6.99            9/9/2005            8/9/2035
     255319463                                    0         360                 358                 75           8.25            9/9/2005            8/9/2035
     255319590                                    0         360                 358                 70           8.99           10/1/2005            9/1/2035
     255401269                                    0         360                 295                 60          15.45            7/1/2000            6/1/2030
     255401511                                    0         240                 177                 70           12.2            9/1/2000            8/1/2020
     255411430                                    0         120                 107              75.49          10.55           11/1/2004           10/1/2014
     255412771                                    0         360                 354                 75            8.9           5/15/2005           4/15/2035
     255413487                                    0         360                 356              43.48          10.99           7/15/2005           6/15/2035
     255413576                                    0         360                 357              60.42           11.7            9/1/2005            8/1/2035
     255413646                                    0         360                 358                 50          10.64           10/1/2005            9/1/2035
     255413649                                    0         360                 357                 80           9.75            9/1/2005            8/1/2035
     255413717                                    0         360                 357              38.46              9            9/1/2005            8/1/2035
     255413747                                    0         120                 118                 70           7.75            9/9/2005            8/9/2015
     255413750                                    0         360                 358              69.44            9.4           9/15/2005           8/15/2035
     255413752                                    0         360                 358              69.31            7.4           9/15/2005           8/15/2035
     255413771                                    0         360                 358              68.49           10.4           10/1/2005            9/1/2035
     255413834                                    0         360                 359              68.03          10.56          10/15/2005           9/15/2035
     255501729                                    0         360                 295                 80          12.85            7/1/2000            6/1/2030
     255501783                                    0         180                 116                 80          14.25            8/1/2000            7/1/2015
     255501785                                    0         180                 116              57.14           14.5            8/1/2000            7/1/2015
     255602113                                    0         300                 235                 75           14.8            7/1/2000            6/1/2025
     255602269                                    0         360                 296              30.12          11.45           7/14/2000           6/14/2030
     255602299                                    0         240                 176              72.73           12.7            8/1/2000            7/1/2020
     255602590                                    0         360                 297                 80          13.25            9/1/2000            8/1/2030
     255615155                                    0         360                 354              78.94           7.99            6/1/2005            5/1/2035
     255615253                                    0         360                 356                 70          10.93            8/1/2005            7/1/2035
     255615409                                    0         300                 296                 72           7.99           7/13/2005           6/13/2030
     255615530                                    0         120                 118              38.22            7.5           9/11/2005           8/11/2015
     255615609                                    0         360                 357              73.89           10.5            9/1/2005            8/1/2035
     255615611                                    0         180                 178              33.33            7.6            9/3/2005            8/3/2020
     255615613                                    0         360                 357                 70           9.65            9/1/2005            8/1/2035
     255615691                                    0         240                 237               78.5            8.6            9/1/2005            8/1/2025
     255615694                                    0         360                 357              74.63          10.65            9/1/2005            8/1/2035
     255615698                                    0         360                 357                 75           8.05            9/1/2005            8/1/2035
     255615731                                    0         360                 357                 80           8.85            9/1/2005            8/1/2035
     255615747                                    0         360                 358              80.49           6.95           10/1/2005            9/1/2035
     255615754                                    0         360                 357                 80           6.99            9/1/2005            8/1/2035
     255615760                                    0         360                 358              48.27           8.85           9/15/2005           8/15/2035
     255615770                                    0         360                 358              53.19           9.75           9/15/2005           8/15/2035
     255615779                                    0         360                 358               62.5            8.4            9/5/2005            8/5/2035
     255615803                                    0         360                 357              72.45            8.9            9/1/2005            8/1/2035
     255615812                                    0         360                 358              80.47           9.25           9/15/2005           8/15/2035
     255615816                                    0         360                 358              52.08            9.5           9/15/2005           8/15/2035
     255615855                                    0         360                 358                 80            9.8           9/15/2005           8/15/2035
     255616068                                    0         360                 359                 75           10.6          10/15/2005           9/15/2035
     255616075                                    0         360                 358               59.8           7.25           10/1/2005            9/1/2035
     255616087                                    0         360                 359                 70           9.99          10/15/2005           9/15/2035
     255702407                                    0         240                 177              67.55          14.25            9/1/2000            8/1/2020
     255702452                                    0         360                 296                 80          11.99            8/1/2000            7/1/2030
     255702537                                    0         360                 298                 80           12.9            9/7/2000            8/7/2030
     255702611                                    0         360                 298              79.94          14.25           9/14/2000           8/14/2030
     255714800                                    0         360                 355              59.34           9.65            7/1/2005            6/1/2035
     255714807                                    0         360                 357               61.4           10.9           8/15/2005           7/15/2035
     255715031                                    0         360                 357                 80           7.75            9/1/2005            8/1/2035
     255715040                                    0         180                 176                 80           10.5           7/10/2005           6/10/2020
     255715122                                    0         120                 118              76.39            8.3            9/3/2005            8/3/2015
     255715130                                    0         360                 358                 80           8.45           9/15/2005           8/15/2035
     255715152                                    0         360                 359              49.85          10.68          10/15/2005           9/15/2035
     255715178                                    0         360                 358                 75            9.8           9/15/2005           8/15/2035
     255715202                                    0         360                 357                 65           9.25            9/1/2005            8/1/2035
     255715229                                    0         360                 357              70.37            7.4            9/1/2005            8/1/2035
     255715230                                    0         360                 358                 80           9.99           10/1/2005            9/1/2035
     255715248                                    0         360                 358              67.57            7.4           10/1/2005            9/1/2035
     255715272                                    0         360                 358                 70            8.3            9/8/2005            8/8/2035
     255715284                                    0         360                 358              72.31           6.25           9/15/2005           8/15/2035
     255715292                                    0         360                 358                 80            7.4           9/15/2005           8/15/2035
     255715337                                    0         360                 358                 70              7           9/15/2005           8/15/2035
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     255800655                                    0         360                 295                 80           14.4            7/1/2000            6/1/2030
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     255800724                                    0         180                 115                 80          12.75            7/1/2000            6/1/2015
     255800728                                    0         120                  58              72.47           14.2           10/1/2000            9/1/2010
     255800943                                    0         240                 177                 80          12.95            9/1/2000            8/1/2020
     255811958                                    0         360                 352                 75           9.99            4/1/2005            3/1/2035
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     255812495                                    0         360                 355              68.16          11.05            7/1/2005            6/1/2035
     255812505                                    0         240                 234                 70           11.4            6/1/2005            5/1/2025
     255812979                                    0         360                 357              58.14           11.1           8/13/2005           7/13/2035
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     255813107                                    0         360                 356                 75           7.99            8/1/2005            7/1/2035
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     255813161                                    0         360                 358                 80           9.55           10/1/2005            9/1/2035
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     255813249                                    0         240                 237              52.85           8.99            9/1/2005            8/1/2025
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     255813285                                    0         360                 357                 80            8.9            9/1/2005            8/1/2035
     255813321                                    0         360                 357              66.67          10.56            9/1/2005            8/1/2035
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     255813358                                    0         180                 178                 25          10.35           9/10/2005           8/10/2020
     255813465                                    0         360                 358              57.97         10.435           10/1/2005            9/1/2035
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     255901133                                    0         180                 117              94.06          11.95           8/15/2000           7/15/2015
     255901140                                    0         180                 117              89.83           12.3            9/1/2000            8/1/2015
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     255914085                                    0         360                 356                 75           8.95           7/15/2005           6/15/2035
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     255914243                                    0         360                 357              74.07           9.65            9/1/2005            8/1/2035
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     255914341                                    0         360                 359                 75          10.55           11/1/2005           10/1/2035
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     256200521                                    0         360                 298              85.49           12.5           9/15/2000           8/15/2030
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     256211317                                    0         360                 353              85.49           6.85            5/1/2005            4/1/2035
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     256211814                                    0         360                 357                 95              7            9/1/2005            8/1/2035
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     256412987                                    0         180                 175                100           13.1            6/6/2005            5/6/2020
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     256413110                                    0         360                 356                 80           8.05            8/1/2005            7/1/2035
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     256413119                                    0         360                 356              69.62           8.99            8/1/2005            7/1/2035
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     256413423                                    0         360                 357                 90            7.5           8/15/2005           7/15/2035
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     256413572                                    0         360                 358                 80            6.9           9/15/2005           8/15/2035
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     257109827                                    0         360                 358              85.49           9.95           9/15/2005           8/15/2035
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     257405778                                    0         360                 357              77.33           8.99            9/1/2005            8/1/2035
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     257405808                                    0         360                 357              44.79          10.65            9/1/2005            8/1/2035
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     257506743                                    0         360                 357                 80           8.35            9/1/2005            8/1/2035
     257506831                                    0         360                 357                 50            7.5            9/1/2005            8/1/2035
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     257506888                                    0         360                 357              74.07            9.5            9/1/2005            8/1/2035
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     257506964                                    0         360                 357              65.49            9.5            9/1/2005            8/1/2035
     257507000                                    0         360                 357                 80            7.4            9/1/2005            8/1/2035
     257507023                                    0         360                 357              79.37            8.1            9/1/2005            8/1/2035
     257507042                                    0         360                 357              70.48           6.65            9/1/2005            8/1/2035
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     257507106                                    0         360                 358              65.22           10.4           9/15/2005           8/15/2035
     257507129                                    0         360                 358              70.92           10.4           10/1/2005            9/1/2035
     257507154                                    0         360                 359                 75           10.5          10/15/2005           9/15/2035
     257507169                                    0         360                 358              61.95           7.15           10/1/2005            9/1/2035
     257507495                                    0         360                 359              78.08          10.35           11/1/2005           10/1/2035
     257606435                                    0         180                 177                 80            8.5            9/1/2005            8/1/2020
     257606745                                    0         240                 236                100           13.3            8/1/2005            7/1/2025
     257606832                                    0         360                 358                 80            6.5           10/1/2005            9/1/2035
     257606979                                    0         360                 358              80.49           7.85           9/15/2005           8/15/2035
     257607220                                    0         360                 359              75.49            8.8           11/1/2005           10/1/2035
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     257702975                                    0         360                 356              75.49           6.99            8/1/2005            7/1/2035
     257702985                                    0         360                 356              75.49           8.25           7/15/2005           6/15/2035
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     257703021                                    0         360                 356              19.74           8.75           7/15/2005           6/15/2035
     257703024                                    0         240                 235              91.59          11.74            7/1/2005            6/1/2025
     257703090                                    0         360                 356              44.44            7.5           7/15/2005           6/15/2035
     257703178                                    0         180                 177              88.27          10.25            8/5/2005            7/5/2020
     257703183                                    0         360                 357                100            7.7           8/15/2005           7/15/2035
     257703217                                    0         360                 358              59.36          10.35            9/8/2005            8/8/2035
     257703267                                    0         360                 357              80.49            6.8            9/1/2005            8/1/2035
     257703287                                    0         360                 357              51.21           6.45            9/1/2005            8/1/2035
     257703307                                    0         360                 357              85.49            6.3            9/1/2005            8/1/2035
     257703317                                    0         180                 177                100          11.43            9/1/2005            8/1/2020
     257703343                                    0         360                 357              82.73           6.25            9/1/2005            8/1/2035
     257703358                                    0         360                 358              70.49           8.75           9/15/2005           8/15/2035
     257703359                                    0         360                 358                 80           6.25           9/15/2005           8/15/2035
     257703373                                    0         360                 358              85.49            6.4           9/15/2005           8/15/2035
     257703428                                    0         360                 358               74.2           6.25           10/1/2005            9/1/2035
     257804265                                    0         240                 235                100          10.99            7/1/2005            6/1/2025
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     257903924                                    0         360                 358                 70           8.55           9/15/2005           8/15/2035
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     258113822                                    0         360                 356                 80           9.25           7/15/2005           6/15/2035
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     258200574                                    0         180                 118                 80             12           10/1/2000            9/1/2015
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     258305149                                    0         360                 358              80.49            6.8           9/15/2005           8/15/2035
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     258501457                                    0         360                 298              94.45          10.99           10/1/2000            9/1/2030
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     258816261                                    0         180                 177               58.8            7.7            9/1/2005            8/1/2020
     258816274                                    0         360                 357                 80              9            9/1/2005            8/1/2035
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     258915089                                    0         360                 357              85.49           6.99            9/1/2005            8/1/2035
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     258915146                                    0         360                 358              88.45           7.99           9/15/2005           8/15/2035
     258915160                                    0         180                 177              70.97           8.99            9/1/2005            8/1/2020
     258915191                                    0         360                 358              80.49          11.31           10/1/2005            9/1/2035
     258915205                                    0         360                 358                 90            9.3           9/15/2005           8/15/2035
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     258915286                                    0         360                 359                 85           7.99          10/15/2005           9/15/2035
     259006548                                    0         180                 164                100          11.66            8/1/2004            7/1/2019
     259007489                                    0         360                 349                100          7.875            1/1/2005           12/1/2034
     259007838                                    0         180                 175                100           11.6           6/15/2005           5/15/2020
     259007845                                    0         360                 355                100           8.57            6/4/2005            5/4/2035
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     259007873                                    0         360                 355                 65            9.7            7/1/2005            6/1/2035
     259007884                                    0         360                 354                 95           7.79            6/1/2005            5/1/2035
     259007895                                    0         360                 355                100            8.2           6/11/2005           5/11/2035
     259007896                                    0         360                 354                 80           7.05            6/1/2005            5/1/2035
     259007904                                    0         360                 352                 80           6.45            4/1/2005            3/1/2035
     259007914                                    0         360                 355              28.69            6.6            7/1/2005            6/1/2035
     259007919                                    0         360                 355                 85           7.85            7/1/2005            6/1/2035
     259007946                                    0         360                 356                 95           7.95           7/13/2005           6/13/2035
     259007966                                    0         360                 356                 95            7.7            8/1/2005            7/1/2035
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     259007983                                    0         360                 356              69.77          10.45           7/26/2005           6/26/2035
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     259008077                                   56         360                 356                 90           8.99            8/1/2005            7/1/2035
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     259008300                                    0         360                 358              75.42           7.95           10/1/2005            9/1/2035
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     259008310                                    0         360                 358              81.01           7.99           10/1/2005            9/1/2035
     259008316                                    0         360                 358              69.93           7.85           10/1/2005            9/1/2035
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     259008361                                    0         180                 178              93.28           11.5           10/1/2005            9/1/2020
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     259008415                                    0         360                 359              69.96           8.65          10/15/2005           9/15/2035
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     259106527                                    0         240                 235                100           10.5            6/4/2005            5/4/2025
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     259106538                                    0         360                 355                 90           5.99           6/15/2005           5/15/2035
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     259106569                                    0         240                 235                100            8.5           6/12/2005           5/12/2025
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     259106618                                    0         240                 235                100           10.5            7/1/2005            6/1/2025
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     259106721                                    0         360                 355                 80           6.99            7/1/2005            6/1/2035
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     259106747                                    0         240                 235                100           9.99            7/1/2005            6/1/2025
     259106760                                    0         240                 235                100           10.6            7/1/2005            6/1/2025
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     259106773                                    0         240                 236                100           9.99           7/15/2005           6/15/2025
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     259107260                                    0         360                 358                 90           6.75           9/15/2005           8/15/2035
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     259107286                                    0         240                 237                100           11.8            9/1/2005            8/1/2025
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     259107299                                    0         360                 358                 80            6.3           9/15/2005           8/15/2035
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     259107377                                    0         240                 238                100           11.3           9/11/2005           8/11/2025
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     259107389                                    0         240                 238                100             13            9/4/2005            8/4/2025
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     259107426                                    0         240                 238                100           12.5           9/15/2005           8/15/2025
     259107429                                    0         240                 238                100          13.25           10/1/2005            9/1/2025
     259107456                                    0         240                 238                100          12.25           10/1/2005            9/1/2025
     259107493                                    0         240                 238                100           12.5           10/1/2005            9/1/2025
     259107499                                    0         360                 358                100          10.75           9/15/2005           8/15/2035
     259107517                                    0         360                 358                 90           8.75           10/1/2005            9/1/2035
     259107527                                    0         360                 358                 80            6.5           10/1/2005            9/1/2035
     259107529                                    0         360                 358                100          11.75           10/1/2005            9/1/2035
     259107551                                    0         180                 178                100          10.99           10/1/2005            9/1/2020
     259107555                                    0         360                 358                 90            7.5           10/1/2005            9/1/2035
     259107559                                    0         360                 358                100          10.25           10/1/2005            9/1/2035
     259107570                                    0         360                 358                100          11.15           10/1/2005            9/1/2035
     259107583                                    0         360                 358                100           8.99           10/1/2005            9/1/2035
     259107614                                    0         360                 359                100          10.35           10/8/2005            9/8/2035
     259107615                                    0         360                 359                 80           7.75          10/15/2005           9/15/2035
     259107616                                    0         360                 358                100           9.75           10/1/2005            9/1/2035
     259107680                                    0         360                 359                 80            6.8          10/15/2005           9/15/2035
     259107683                                    0         360                 359                 95           11.2           10/8/2005            9/8/2035
     259107757                                    0         180                 179                100          10.25          10/15/2005           9/15/2020
     259212447                                    0         360                 354                 80            9.1            6/1/2005            5/1/2035
     259212448                                    0         360                 355              63.68          10.75           6/14/2005           5/14/2035
     259212825                                    0         360                 355                100           8.99           6/15/2005           5/15/2035
     259212936                                    0         360                 356              68.09          12.25            8/1/2005            7/1/2035
     259213040                                    0         240                 235              99.83          11.95            7/1/2005            6/1/2025
     259213076                                    0         180                 176              94.56           10.2           7/13/2005           6/13/2020
     259213117                                    0         360                 356              48.24            8.1           7/15/2005           6/15/2035
     259213304                                    0         360                 359              39.56          10.65           11/1/2005           10/1/2035
     259213314                                    0         360                 356              50.86          12.55            8/1/2005            7/1/2035
     259213391                                    0         240                 237              91.16           12.3            9/1/2005            8/1/2025
     259213430                                    0         360                 357                 90           7.45            9/1/2005            8/1/2035
     259213515                                    0         240                 237              91.69          11.25           8/13/2005           7/13/2025
     259213520                                    0         360                 357              73.63           7.85            9/1/2005            8/1/2035
     259213557                                    0         360                 358                 90           7.95           9/15/2005           8/15/2035
     259213633                                    0         360                 358                 80            8.7           9/15/2005           8/15/2035
     259213635                                    0         360                 358                 90          10.05           10/1/2005            9/1/2035
     259213637                                    0         360                 357                 25           9.47            9/1/2005            8/1/2035
     259213667                                    0         360                 358              77.88            9.3           9/15/2005           8/15/2035
     259213722                                    0         360                 358                 90           7.99           9/15/2005           8/15/2035
     259213749                                    0         360                 358              77.57            8.8           9/15/2005           8/15/2035
     259213792                                    0         360                 358              67.31           11.5           9/15/2005           8/15/2035
     259213833                                    0         360                 358              80.49           9.75           9/15/2005           8/15/2035
     259213847                                    0         360                 358              26.92           9.95           10/1/2005            9/1/2035
     259213849                                    0         360                 358              54.92           7.95           10/1/2005            9/1/2035
     259214007                                    0         360                 358              80.49            6.7           10/1/2005            9/1/2035
     259214018                                    0         360                 359              78.14            9.4          10/15/2005           9/15/2035
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     284206036                                    0         360                 356               59.6           9.55           7/15/2005           6/15/2035
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     285402810                                    0         360                 357              90.49           6.25            9/1/2005            8/1/2035
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     285703968                                    0         360                 359                100          13.75          10/13/2005           9/13/2035
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     285901347                                    0         360                 357              90.49              8            9/1/2005            8/1/2035
     285901358                                    0         360                 358              80.49         10.245           10/1/2005            9/1/2035
     285901410                                    0         360                 358              77.92           8.56           9/15/2005           8/15/2035
     285901425                                    0         360                 358              90.49           9.85           10/1/2005            9/1/2035
     285901426                                    0         360                 359              35.42           6.25          10/15/2005           9/15/2035
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     286001762                                    0         360                 357              85.49              9            9/1/2005            8/1/2035
     286001770                                    0         360                 358              70.49           6.99           10/1/2005            9/1/2035
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     286001875                                    0         360                 358              76.63           6.25           10/1/2005            9/1/2035
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     286101365                                    0         360                 356                 90           7.75            8/1/2005            7/1/2035
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     286400016                                    0         360                 357                 80           7.25            9/1/2005            8/1/2035
     286400022                                   58         360                 358                 80           6.75           10/1/2005            9/1/2035
     286400032                                   58         360                 358                 80           7.45           10/1/2005            9/1/2035
     286400034                                    0         360                 358                 80           6.65           10/1/2005            9/1/2035
     286400039                                   58         360                 358                 80            5.9           10/1/2005            9/1/2035
     286400058                                    0         360                 359                100            9.6           11/1/2005           10/1/2035
     286400062                                    0         360                 359                 80            7.1           11/1/2005           10/1/2035
     286400067                                    0         180                 179                100          11.15           11/1/2005           10/1/2020
     286400069                                    0         360                 359                100          10.25           11/1/2005           10/1/2035
     286600001                                    0         360                 356                 80            6.3            8/1/2005            7/1/2035
     286600005                                   55         360                 355                 80            6.5            7/1/2005            6/1/2035
     286600008                                   55         360                 355                 80           6.65            7/1/2005            6/1/2035
     286600012                                   56         360                 356                 80           7.99            8/1/2005            7/1/2035
     286600015                                    0         360                 355                 80           7.65            7/1/2005            6/1/2035
     286600017                                   55         360                 355                 80           7.95            7/1/2005            6/1/2035
     286600020                                    0         360                 355                 80            7.6            7/1/2005            6/1/2035
     286600025                                    0         360                 355                 90           8.85            7/1/2005            6/1/2035
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     286600027                                    0         360                 356                 80           7.53            8/1/2005            7/1/2035
     286600030                                   55         360                 355                 80            6.1            7/1/2005            6/1/2035
     286600039                                   55         360                 355                 80            6.5            7/1/2005            6/1/2035
     286600040                                    0         360                 356                 80            8.4            8/1/2005            7/1/2035
     286600041                                    0         360                 355                 80           8.05            7/1/2005            6/1/2035
     286600043                                    0         180                 175                100          10.99            7/1/2005            6/1/2020
     286600047                                    0         240                 235                 90          11.75            7/1/2005            6/1/2025
     286600048                                    0         240                 235                100           9.99            7/1/2005            6/1/2025
     286600056                                    0         180                 176                100            9.6            8/1/2005            7/1/2020
     286600057                                    0         240                 236                100           12.5            8/1/2005            7/1/2025
     286600065                                    0         240                 236                100          10.99            8/1/2005            7/1/2025
     286600067                                   57         360                 357                 80           6.95            9/1/2005            8/1/2035
     286600070                                   56         360                 356                 80            7.6            8/1/2005            7/1/2035
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     287900366                                   49         360                 349                 80           7.05            1/1/2005           12/1/2034
     287900538                                   53         360                 353              83.85           7.35            5/1/2005            4/1/2035
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     287900656                                   55         360                 355                 80            6.3            7/1/2005            6/1/2035
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     288002936                                    0         360                 355              63.89           8.99            7/1/2005            6/1/2035
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     288003173                                    0         180                 175              87.32            9.2            7/1/2005            6/1/2020
     288003342                                    0         180                 175                100          11.65            7/1/2005            6/1/2020
     288003359                                    0         180                 176                100          11.15           7/15/2005           6/15/2020
     288003370                                    0         180                 176                100           11.5           7/15/2005           6/15/2020
     288003377                                    0         360                 357              75.49           6.25            9/1/2005            8/1/2035
     288003437                                    0         180                 176                100          11.42            8/1/2005            7/1/2020
     288003462                                    0         180                 176                100           10.2           7/15/2005           6/15/2020
     288003484                                    0         180                 176                100          11.25            8/1/2005            7/1/2020
     288003530                                    0         360                 356              75.49           6.25            8/1/2005            7/1/2035
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     288003546                                    0         180                 177                100          11.25            9/1/2005            8/1/2020
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     290300592                                    0         360                 356              80.49           6.75            8/1/2005            7/1/2035
     290300634                                    0         240                 236                100          11.99           7/14/2005           6/14/2025
     290300746                                    0         360                 357              85.49            8.2            9/1/2005            8/1/2035
     290300758                                    0         360                 357                 70           7.25            9/1/2005            8/1/2035
     290300927                                    0         360                 358              53.85           6.99           9/15/2005           8/15/2035
     290301015                                    0         360                 358              83.58           7.75           9/15/2005           8/15/2035
     290301108                                    0         360                 357              80.49           8.75            9/1/2005            8/1/2035
     290301381                                    0         360                 359              70.49           7.25           11/1/2005           10/1/2035
     290301407                                    0         360                 359                100           11.7          10/15/2005           9/15/2035
     290301559                                    0         360                 359              85.49           6.99          10/15/2005           9/15/2035
     290400004                                    0         180                 176                100          11.31            8/1/2005            7/1/2020
     290400011                                    0         360                 357              11.79           8.45            9/1/2005            8/1/2035
     290400259                                    0         360                 358              85.49            8.3           9/15/2005           8/15/2035
     290400615                                    0         360                 359                100          13.35          10/15/2005           9/15/2035
     290500025                                    0         360                 357                100           7.25            9/1/2005            8/1/2035
     290500029                                    0         360                 357                 80           6.99            9/1/2005            8/1/2035
     290500569                                    0         360                 358              75.49            8.7           10/1/2005            9/1/2035
     290600077                                    0         360                 358              42.73           6.95           9/15/2005           8/15/2035
     290600154                                    0         360                 358              95.49            7.9           10/1/2005            9/1/2035
     290800024                                    0         360                 359              98.62          10.45          10/19/2005           9/19/2035
     290900066                                    0         360                 358              63.33            7.5           10/1/2005            9/1/2035
     291000024                                    0         360                 357                 90           7.55            9/1/2005            8/1/2035
     291000084                                    0         360                 358              77.89           6.95           9/15/2005           8/15/2035
     291000114                                    0         360                 358                 90           8.15           9/15/2005           8/15/2035
     291000136                                    0         360                 358              66.07           7.35           9/15/2005           8/15/2035
     291000173                                    0         360                 358              65.49           6.25           9/15/2005           8/15/2035
     291000206                                    0         360                 358              80.49           9.56           10/1/2005            9/1/2035
     291000234                                    0         360                 358               48.5            6.8           10/1/2005            9/1/2035
     291000250                                    0         360                 358              75.49           8.35           10/1/2005            9/1/2035
     291000257                                    0         360                 359                 95           8.25          10/15/2005           9/15/2035
     291000349                                    0         360                 359                 95           9.68          10/15/2005           9/15/2035
     291000406                                    0         360                 359              78.49           8.85           11/1/2005           10/1/2035
     291100015                                    0         360                 358              90.49           6.75           9/15/2005           8/15/2035
     291100043                                    0         360                 358              71.82           6.25           9/15/2005           8/15/2035
     291100075                                    0         360                 358              67.94            8.5           10/1/2005            9/1/2035
     291100117                                    0         360                 358              90.49            6.4           9/15/2005           8/15/2035
     291100153                                    0         360                 358                 80           6.25           10/1/2005            9/1/2035
     291100234                                    0         360                 359              90.49           6.95           11/1/2005           10/1/2035
     291100444                                    0         360                 359              16.15            9.7          10/15/2005           9/15/2035
     291300090                                    0         360                 359              99.99          11.95          10/15/2005           9/15/2035


    Loan Number                     Servicing Fee     Next Due Date       Original Balance      Current Balance       Purpose                 Index
------------------                  -------------     -------------       ----------------     -----------------   ------------             ---------
     148902757                             0           11/1/2005                182598            180532.45          Purchase                  124
     148903494                           0.5           10/1/2005                 51547             51224.72          Purchase                  115
     148903544                             0           11/1/2005                341940               341940          Purchase                  153
     148903593                             0           11/1/2005                224436            222565.38          Purchase                  124
     148903683                             0           10/1/2005                221516               221516          Purchase                  153
     148903848                             0           11/1/2005                102510            101750.26          Purchase                  124
     148903879                             0           11/1/2005                 84023             83676.29          Purchase                  115
     148903910                             0           11/1/2005                128829            128828.99          Purchase                  124
     148903977                             0           11/1/2005                249516            248728.76          Purchase                  124
     148904068                             0           11/1/2005                 91256             90579.36          Purchase                  124
     148904107                             0           11/1/2005                164333               164333          Purchase                  124
     148904181                           0.5           11/1/2005                335192               335192          Purchase                  124
     148904192                             0           10/1/2005                395374            395373.99          Purchase                  124
     148904196                           0.5           11/1/2005                284615               284615          Purchase                  124
     148904235                           0.5           12/1/2005                357592               357592          Purchase                  124
     148904239                             0           11/1/2005                103992            103988.15          Purchase                  124
     148904291                           0.5           11/1/2005                435208               435208          Purchase                  124
     148904442                             0           11/1/2005                288792               288792          Purchase                  153
     148904451                             0           11/1/2005                294375               293813          Purchase                  124
     148904499                             0           11/1/2005                 15114             14961.74          Purchase                  110
     148904533                             0           11/1/2005                114500            113801.17          Purchase                  124
     148904537                             0           11/1/2005                187037            186441.56          Purchase                  124
     148904540                             0           11/1/2005                173592            173591.99          Purchase                  124
     148904543                             0           11/1/2005                159880            158932.17          Purchase                  124
     148904664                             0           11/1/2005                143461               143461          Purchase                  153
     148904698                             0           11/1/2005                339768               339768          Purchase                  124
     148904705                             0           11/1/2005                328792               328792          Purchase                  153
     148904761                             0           11/1/2005                418727            418726.99          Purchase                  124
     148904781                             0           11/1/2005                480638               480638          Purchase                  124
     148904799                             0           11/1/2005                145600            144880.75          Purchase                  110
     148904810                             0           11/1/2005                135481            135097.54          Purchase                  124
     148904845                             0           11/1/2005                238870            238648.99          Purchase                  153
     148904859                             0           11/1/2005                135372            134833.99          Purchase                  153
     148904867                             0           10/1/2005                153536            153535.98          Purchase                  124
     148904868                             0           11/1/2005                130608            130188.54          Purchase                  124
     148904880                             0           11/1/2005                155942            155585.57          Purchase                  124
     148904888                             0           11/1/2005                128949            128449.83          Purchase                  124
     148904894                             0           11/1/2005                169690            168896.54          Purchase                  124
     148904949                             0           11/1/2005                137169            136837.34          Purchase                  110
     148904955                             0           11/1/2005                245520               245520          Purchase                  124
     148904957                             0           11/1/2005                119104            119103.99          Purchase                  153
     148904964                             0           11/1/2005                212911               212911          Purchase                  124
     148904975                             0           11/1/2005                108516            108038.95          Purchase                  110
     148904992                             0           11/1/2005                139752            139167.37          Purchase                  124
     148904999                             0           11/1/2005                134158             134157.4          Purchase                  153
     148905006                             0           11/1/2005             155713.25             155683.6          Purchase                  124
     148905009                             0           11/1/2005                129081            129080.99          Purchase                  153
     148905019                             0           11/1/2005                 95814             95457.54          Purchase                  153
     148905020                             0           11/1/2005                248824            248059.52          Purchase                  124
     148905021                             0           10/1/2005                 98296             97888.39          Purchase                  124
     148905023                             0           11/1/2005                200250            199931.87          Purchase                  124
     148905027                             0           11/1/2005                123123            123122.15          Purchase                  124
     148905028                             0           10/1/2005                 24310             24252.31          Purchase                  115
     148905031                             0           11/1/2005                235143             234076.8          Purchase                  153
     148905037                             0           11/1/2005                101964            101610.28          Purchase                  124
     148905038                             0           11/1/2005                144530               144430          Purchase                  153
     148905042                             0           10/1/2005                101308            100929.99          Purchase                  153
     148905044                             0           11/1/2005                 45489             45381.83          Purchase                  115
     148905045                             0           10/1/2005                228052            228051.99          Purchase                  124
     148905048                             0           11/1/2005                 14845             14748.08          Purchase                  110
     148905052                             0           11/1/2005                437606            436188.52          Purchase                  124
     148905053                             0           11/1/2005                102047            101989.23          Purchase                  124
     148905055                             0           11/1/2005                131388            130803.75          Purchase                  124
     148905060                             0           11/1/2005                148937               148937          Purchase                  124
     148905061                             0           11/1/2005                 15653             15565.57          Purchase                  110
     148905062                             0           11/1/2005                 49611             49268.07          Purchase                  110
     148905064                           0.5           11/1/2005                383224            383223.99          Purchase                  124
     148905066                             0           11/1/2005                139412            138855.15          Purchase                  110
     148905067                             0           11/1/2005                 97088             96644.34          Purchase                  124
     148905069                             0           11/1/2005                 24574             24515.73          Purchase                  115
     148905070                             0           11/1/2005                 18854             18732.21          Purchase                  110
     148905071                             0           11/1/2005                123634            123090.71          Purchase                  110
     148905073                             0           11/1/2005                 90352             89984.59          Purchase                  124
     148905074                             0           11/1/2005                 86447             86205.44          Purchase                  124
     148905076                             0           11/1/2005                 27500                27300          Purchase                  110
     148905077                             0           11/1/2005                 98863                98520          Purchase                  110
     148905078                             0           10/1/2005                149188            148604.58          Purchase                  124
     148905083                             0           11/1/2005                142615            142105.14          Purchase                  110
     148905085                             0           11/1/2005                116296            115784.72          Purchase                  124
     148905088                             0           11/1/2005                131361            131286.06          Purchase                  153
     148905089                             0           11/1/2005                122835            122381.33          Purchase                  124
     148905092                             0           11/1/2005                172000            171953.77          Purchase                  124
     148905093                             0           11/1/2005                 15054             14984.69          Purchase                  110
     148905095                             0           10/1/2005                148797            148254.23          Purchase                  124
     148905100                             0           12/1/2005                155250             154643.1          Purchase                  124
     148905102                             0           11/1/2005                107200             106835.2          Purchase                  124
     148905106                             0           11/1/2005                134712            134536.95          Purchase                  124
     148905108                             0           10/1/2005                207625            206890.11          Purchase                  153
     148905111                             0           11/1/2005                178282             177666.9          Purchase                  124
     148905113                             0           10/1/2005                126387            126386.99          Purchase                  124
     148905114                             0           11/1/2005                115258            115257.99          Purchase                  124
     148905116                             0           11/1/2005                 35013             34941.37          Purchase                  115
     148905117                             0           11/1/2005                 29776              29711.8          Purchase                  115
     148905122                             0           11/1/2005                159200               159200          Purchase                  124
     148905124                             0           11/1/2005                 55154             55048.25          Purchase                  115
     148905125                             0           11/1/2005                 29074             29001.36          Purchase                  115
     148905126                             0           11/1/2005                136210               136210          Purchase                  124
     148905127                             0           11/1/2005                 22250             22194.35          Purchase                  115
     148905128                             0           11/1/2005                 16577             16550.81          Purchase                  115
     148905129                             0           11/1/2005                 34938             34854.44          Purchase                  115
     148905131                             0           11/1/2005                129866            129327.47          Purchase                  124
     148905135                             0           10/1/2005                147951            147274.92          Purchase                  110
     148905140                             0           11/1/2005                 17739             17690.84          Purchase                  115
     148905141                             0           12/1/2005                169988            169485.68          Purchase                  124
     148905142                             0           11/1/2005                258990               258990          Purchase                  124
     148905147                             0           11/1/2005                 30853             30791.89          Purchase                  115
     148905148                             0           11/1/2005                 15799             15773.55          Purchase                  115
     148905149                             0           11/1/2005                 24716             24676.48          Purchase                  115
     148905153                             0           10/1/2005                137547            137546.99          Purchase                  153
     148905154                           0.5           11/1/2005                124058            123517.89          Purchase                  124
     148905155                             0           11/1/2005                166044            166043.99          Purchase                  124
     148905156                             0           11/1/2005                222480               222480          Purchase                  153
     148905158                             0           11/1/2005                441196               441196          Purchase                  124
     148905159                             0           11/1/2005                 32847             32783.35          Purchase                  115
     148905160                             0           12/1/2005               15338.4             15309.31          Purchase                  115
     148905161                             0           11/1/2005                102987            102611.39          Purchase                  110
     148905163                             0           12/1/2005                156624            156075.17          Purchase                  153
     148905166                             0           10/1/2005                 16533             16508.78          Purchase                  115
     148905167                             0           11/1/2005                133154            132732.14          Purchase                  124
     148905168                             0           11/1/2005                178331            177664.57          Purchase                  153
     148905171                             0           11/1/2005                173519             172939.4          Purchase                  124
     148905176                             0           11/1/2005                 13351             13325.13          Purchase                  115
     148905177                             0           11/1/2005                188433               188433          Purchase                  124
     148905178                             0           11/1/2005                 14580             14494.08          Purchase                  110
     148905179                             0           11/1/2005                143171               143171          Purchase                  124
     148905180                             0           11/1/2005                 14906              14874.9          Purchase                  115
     148905181                             0           11/1/2005                 13504             13470.25          Purchase                  115
     148905183                             0           11/1/2005                 39800             39545.22          Purchase                  110
     148905184                             0           11/1/2005                136491               136491          Purchase                  153
     148905185                             0           11/1/2005                 26800             26752.13          Purchase                  115
     148905186                             0           12/1/2005                 17403             17302.56          Purchase                  110
     148905188                             0           11/1/2005                 19836             19713.82          Purchase                  110
     148905189                             0           11/1/2005                 55620             55276.81          Purchase                  115
     148905191                             0           11/1/2005                 10450             10428.42          Purchase                  115
     148905194                             0           11/1/2005                 16548             16522.15          Purchase                  115
     148905196                           0.5           11/1/2005                142821            142820.99          Purchase                  124
     148905197                             0           11/1/2005                 13648                13623          Purchase                  115
     148905199                             0           11/1/2005                 12105             12079.97          Purchase                  115
     148905201                             0           11/1/2005                 14795              14768.1          Purchase                  115
     148905207                             0           11/1/2005                 11987             11959.46          Purchase                  115
     148905209                             0           11/1/2005                124096            123705.22          Purchase                  124
     148905214                             0           11/1/2005                 17059             16984.04          Purchase                  110
     148905216                             0           11/1/2005                150628            150115.94          Purchase                  124
     148905217                             0           11/1/2005                 15908             15804.86          Purchase                  110
     148905224                             0           11/1/2005                 11443             11416.37          Purchase                  115
     148905225                             0           12/1/2005                115959            115601.01          Purchase                  124
     148905226                             0           11/1/2005                108768             108424.8          Purchase                  124
     148905227                             0           11/1/2005                113950            113573.07          Purchase                  110
     148905228                             0           11/1/2005                155941            155385.94          Purchase                  124
     148905230                             0           11/1/2005                 84942             84771.07          Purchase                  115
     148905231                             0           11/1/2005                149843            149347.38          Purchase                  124
     148905233                             0           11/1/2005                171067            170437.29          Purchase                  124
     148905237                             0           11/1/2005                 43399             43181.97          Purchase                  110
     148905238                             0           11/1/2005                 96025             95796.66          Purchase                  124
     148905239                           0.5           11/1/2005                152644               152644          Purchase                  124
     148905240                             0           11/1/2005                 20373             20276.27          Purchase                  110
     148905242                             0           11/1/2005                168000               168000          Purchase                  124
     148905244                             0           11/1/2005                 44582             44503.51          Purchase                  115
     148905255                             0           10/1/2005                119253            119252.98          Purchase                  124
     148905257                             0           11/1/2005                135032            135014.25          Purchase                  124
     148905259                             0           11/1/2005                173327               173327          Purchase                  153
     148905260                             0           10/1/2005                 97056             96663.82          Purchase                  124
     148905262                             0           11/1/2005                179200               179200          Purchase                  153
     148905265                             0           11/1/2005                103248            102854.66          Purchase                  110
     148905267                             0           11/1/2005                109189            108844.47          Purchase                  124
     148905269                             0           11/1/2005                209425            209405.16          Purchase                  124
     148905272                             0           11/1/2005                 13250             13229.76          Purchase                  115
     148905273                             0           11/1/2005                 44800             44724.68          Purchase                  115
     148905274                             0           10/1/2005                 27192             27142.75          Purchase                  115
     148905285                             0           11/1/2005                117092            116630.64          Purchase                  124
     148905287                             0           11/1/2005                 10000              9934.89          Purchase                  110
     148905289                             0           11/1/2005                 32207             32048.02          Purchase                  110
     148905291                             0           11/1/2005                 19007             18974.67          Purchase                  115
     148905292                             0           11/1/2005                 99000             98666.05          Purchase                  124
     148905293                             0           11/1/2005                 18888             18787.13          Purchase                  110
     148905294                             0           11/1/2005                 10000              9984.06          Purchase                  115
     148905295                             0           11/1/2005                 27297             27151.19          Purchase                  110
     148905300                             0           10/1/2005                157413               157413          Purchase                  124
     148905304                             0           11/1/2005                 18837             18736.49          Purchase                  110
     148905305                             0           11/1/2005                 15513             15444.94          Purchase                  110
     148905306                             0           11/1/2005                 15450             15418.92          Purchase                  115
     148905307                             0           11/1/2005                 33843             33779.73          Purchase                  115
     148905309                             0           10/1/2005                126550               126550          Purchase                  124
     148905310                             0           11/1/2005                102878            102597.39          Purchase                  110
     148905314                             0           11/1/2005                140866               140866          Purchase                  124
     148905317                             0           11/1/2005                237537             236873.3          Purchase                  110
     148905319                             0           10/1/2005                133046            132623.71          Purchase                  124
     148905320                             0           11/1/2005                 18184             18147.76          Purchase                  115
     148905321                             0           10/1/2005                137676               137676          Purchase                  124
     148905324                             0           11/1/2005                 15651             15547.23          Purchase                  110
     148905328                             0           10/1/2005                113786            113581.66          Purchase                  115
     148905330                             0           11/1/2005                262337            261343.08          Purchase                  124
     148905331                             0           11/1/2005                 19280             19253.84          Purchase                  115
     148905332                             0           11/1/2005                 97268             96946.26          Purchase                  124
     148905335                             0           11/1/2005                144000               144000          Purchase                  124
     148905339                             0           11/1/2005                296198            296197.99          Purchase                  124
     148905340                             0           10/1/2005                106461            106245.25          Purchase                  110
     148905343                             0           10/1/2005                135667            135226.99          Purchase                  124
     148905348                             0           11/1/2005                172979             172434.3          Purchase                  124
     148905352                           0.5           11/1/2005                288068               288068          Purchase                  124
     148905355                             0           11/1/2005                 27169             27133.74          Purchase                  115
     148905357                             0           10/1/2005                 14782             14716.27          Purchase                  110
     148905358                             0           10/1/2005                 15297             15274.37          Purchase                  115
     148905361                             0           11/1/2005                136460               136460          Purchase                  124
     148905362                             0           11/1/2005                191068            190454.37          Purchase                  110
     148905364                             0           11/1/2005                131112            130682.57          Purchase                  124
     148905365                             0           10/1/2005                180557            180556.98          Purchase                  153
     148905366                             0           11/1/2005                183776            183106.03          Purchase                  110
     148905368                             0           10/1/2005                 17490             17469.42          Purchase                  115
     148905375                             0           11/1/2005                253856               253856          Purchase                  124
     148905376                             0           11/1/2005                 42000             41913.68          Purchase                  115
     148905377                             0           11/1/2005                128728            128289.51          Purchase                  153
     148905379                             0           11/1/2005                108744            108453.15          Purchase                  110
     148905387                             0           10/1/2005                140094            140093.99          Purchase                  153
     148905389                             0           10/1/2005                 31600             31425.93          Purchase                  110
     148905391                             0           11/1/2005                107200            106991.38          Purchase                  110
     148905398                             0           11/1/2005                 16000             15919.96          Purchase                  110
     148905401                             0           11/1/2005                 43000             42927.92          Purchase                  115
     148905404                             0           11/1/2005                238420            237853.06          Purchase                  110
     148905405                             0           11/1/2005                 16970             16941.16          Purchase                  115
     148905406                             0           10/1/2005                290388            289339.55          Purchase                  124
     148905407                             0           11/1/2005                 15299             15227.19          Purchase                  110
     148905414                             0           11/1/2005                127754            127398.85          Purchase                  124
     148905416                             0           11/1/2005                 15162             15090.03          Purchase                  110
     148905417                             0           11/1/2005                 19220             19125.74          Purchase                  110
     148905420                             0           11/1/2005                180000            179427.59          Purchase                  124
     148905424                             0           11/1/2005                 18402             18375.32          Purchase                  115
     148905429                             0           11/1/2005                144912               144912          Purchase                  153
     148905433                             0           11/1/2005                108989            108791.54          Purchase                  124
     148905437                             0           11/1/2005                120499            120189.03          Purchase                  124
     148905438                             0           12/1/2005                 12728             12696.69          Purchase                  115
     148905449                             0           11/1/2005                 16578             16505.25          Purchase                  110
     148905451                             0           10/1/2005                 26615             26508.82          Purchase                  110
     148905452                             0           11/1/2005                255360            254390.65          Purchase                  124
     148905453                             0           10/1/2005                108177            107876.25          Purchase                  124
     148905458                             0           10/1/2005                134478            134161.37          Purchase                  124
     148905465                             0           10/1/2005                 14942             14887.61          Purchase                  110
     148905469                             0           11/1/2005                 26800             26768.77          Purchase                  115
     148905472                             0           10/1/2005                128236            128235.99          Purchase                  124
     148905474                             0           11/1/2005                 12109             12045.34          Purchase                  110
     148905475                           0.5           11/1/2005                205288               205288          Purchase                  124
     148905479                           0.5           11/1/2005                 89085             88883.41          Purchase                  124
     148905488                           0.5           11/1/2005                102684            102390.84          Purchase                  124
     148905489                           0.5           11/1/2005                147384               147384          Purchase                  124
     148905490                             0           10/1/2005                209691            209690.95          Purchase                  124
     148905492                             0           11/1/2005                195555               195555          Purchase                  124
     148905493                           0.5           11/1/2005                142404               142400          Purchase                  124
     148905496                             0           11/1/2005                155534               155534          Purchase                  124
     148905500                             0           10/1/2005                 32059              32024.3          Purchase                  115
     148905501                             0           11/1/2005                134636            134331.35          Purchase                  124
     148905503                             0           11/1/2005                 80416             80015.06          Purchase                  153
     148905504                             0           11/1/2005                 17281             17265.85          Purchase                  115
     148905506                             0           10/1/2005                227880               227880          Purchase                  124
     148905511                           0.5           11/1/2005                114196            113807.04          Purchase                  153
     148905515                           0.5           11/1/2005                207992            207356.23          Purchase                  124
     148905516                             0           11/1/2005                472271               472271          Purchase                  124
     148905517                           0.5           11/1/2005                170136               170136          Purchase                  153
     148905518                           0.5           11/1/2005                118350            118182.38          Purchase                  110
     148905521                             0           11/1/2005                 24006             23909.12          Purchase                  110
     148905523                             0           11/1/2005                 33659             33516.03          Purchase                  110
     148905525                             0           11/1/2005                 48888             48811.37          Purchase                  115
     148905527                           0.5           10/1/2005                121608            121408.04          Purchase                  124
     148905530                           0.5           10/1/2005                125707               125707          Purchase                  124
     148905531                           0.5           11/1/2005                364721            364720.89          Purchase                  124
     148905538                             0           11/1/2005                154053               154053          Purchase                  124
     148905540                           0.5           11/1/2005                172800            172799.99          Purchase                  124
     148905541                           0.5           11/1/2005                212688               212688          Purchase                  124
     148905547                             0           11/1/2005                161226            160867.31          Purchase                  124
     148905548                             0           11/1/2005                 88000             87875.36          Purchase                  124
     148905550                           0.5           11/1/2005              102959.2            102704.51          Purchase                  124
     148905552                           0.5           12/1/2005                 71192             71074.94          Purchase                  124
     148905561                           0.5           11/1/2005                109224            108959.07          Purchase                  153
     148905563                             0           10/1/2005                 99711             99528.48          Purchase                  124
     148905568                             0           11/1/2005                128142            127854.91          Purchase                  124
     148905571                             0           11/1/2005                247320            247319.99          Purchase                  124
     148905591                           0.5           12/1/2005                318602               318602          Purchase                  124
     148905596                             0           11/1/2005                129055             128798.7          Purchase                  124
     148905598                           0.5           11/1/2005                118462               118462          Purchase                  124
     148905599                           0.5           11/1/2005                146426               146426          Purchase                  124
     148905602                           0.5           11/1/2005                217761               217761          Purchase                  124
     148905605                           0.5           12/1/2005                 99888             99610.96          Purchase                  124
     148905609                           0.5           11/1/2005                234400               234400          Purchase                  124
     148905610                           0.5           11/1/2005                156591               156591          Purchase                  124
     148905613                           0.5           11/1/2005                147620            147619.85          Purchase                  124
     148905623                           0.5           11/1/2005                119078               119078          Purchase                  124
     148905629                           0.5           12/1/2005                128691            128450.81          Purchase                  153
     148905640                           0.5           11/1/2005                129442               129442          Purchase                  153
     148905641                           0.5           12/1/2005                130343               130343          Purchase                  124
     148905642                           0.5           11/1/2005                109745            109576.62          Purchase                  110
     148905645                           0.5           11/1/2005                227700            226761.65          Purchase                  124
     148905651                           0.5           11/1/2005                234612               234612          Purchase                  124
     148905652                           0.5           11/1/2005                136887            136717.11          Purchase                  124
     148905654                           0.5           11/1/2005                147189               146972          Purchase                  124
     148905656                           0.5           12/1/2005                110295            110095.04          Purchase                  110
     148905659                           0.5           11/1/2005                127992            127692.01          Purchase                  124
     148905666                           0.5           12/1/2005                132102               132102          Purchase                  124
     148905669                           0.5           11/1/2005                136912            136693.45          Purchase                  110
     148905678                           0.5           12/1/2005                159200               159200          Purchase                  124
     148905685                           0.5           11/1/2005                165870            165684.99          Purchase                  124
     148905695                           0.5           12/1/2005                123774            123542.99          Purchase                  124
     148905713                           0.5           11/1/2005                135912               135912          Purchase                  124
     148905715                           0.5           12/1/2005                145608               145608          Purchase                  110
     148905719                           0.5           11/1/2005                206566            206364.12          Purchase                  124
     148905720                           0.5           11/1/2005                127771               127771          Purchase                  124
     148905723                           0.5           12/1/2005                134108            133664.32          Purchase                  124
     148905733                           0.5           11/1/2005                121756            121551.83          Purchase                  124
     148905737                           0.5           11/1/2005                111757            111573.24          Purchase                  110
     148905739                           0.5           11/1/2005                125552            125271.29          Purchase                  124
     148905745                           0.5           11/1/2005                222750            222270.34          Purchase                  124
     148905767                           0.5           11/1/2005                158498            158397.96          Purchase                  124
     148905772                           0.5           11/1/2005                191068               191068          Purchase                  124
     148905783                           0.5           11/1/2005                153511            153245.92          Purchase                  153
     148905851                           0.5           11/1/2005                 12919             12906.25          Purchase                  115
     148905862                           0.5           12/1/2005                 31336             31318.84          Purchase                  110
     148905863                           0.5           12/1/2005                 15615             15608.59          Purchase                  115
     148905875                           0.5           12/1/2005                 16343             16336.78          Purchase                  110
     148905883                           0.5           11/1/2005                 15436             15428.32          Purchase                  110
     148905901                           0.5           11/1/2005                 13990             13984.38          Purchase                  110
     148905921                           0.5           11/1/2005                 26544             26536.06          Purchase                  110
     186300001                             0           10/1/2005                158670            158669.99          Purchase                  124
     186300003                             0           10/1/2005                352175            352174.98          Purchase                  124
     186300008                             0           11/1/2005                410392            410391.99          Purchase                  124
     186300011                           0.5           11/1/2005                359013               359013          Purchase                  124
     186300019                             0           12/1/2005                496438            496170.44          Purchase                  124
     186300024                             0           11/1/2005                370392               370392          Purchase                  124
     186300031                             0           11/1/2005                373592            373591.99          Purchase                  153
     186300038                             0           11/1/2005                286231            284805.51          Purchase                  124
     186300039                             0           11/1/2005                227591               227591          Purchase                  124
     186300042                             0           11/1/2005                 52987             52879.83          Purchase                  115
     186300047                           0.5           12/1/2005                438736               438736          Purchase                  124
     186300048                             0           11/1/2005                431091            429195.87          Purchase                  124
     186300051                             0           10/1/2005                 97240              96794.8          Purchase                  153
     186300055                             0           11/1/2005                372005            371902.71          Purchase                  153
     186300057                             0           11/1/2005                228800               228800          Purchase                  124
     186300064                             0           11/1/2005                 31803             31727.58          Purchase                  115
     186300065                             0           11/1/2005                238544            237768.18          Purchase                  124
     186300067                             0           11/1/2005                184402               184402          Purchase                  124
     186300069                             0           11/1/2005                326771               326771          Purchase                  124
     186300071                             0           11/1/2005                331192            331083.16          Purchase                  124
     186300074                             0           11/1/2005                 51299             51156.45          Purchase                  115
     186300075                             0           11/1/2005                205959            204712.96          Purchase                  153
     186300076                             0           11/1/2005                346386             346289.3          Purchase                  153
     186300079                             0           11/1/2005                 25288             25213.67          Purchase                  115
     186300080                             0           11/1/2005                 57200             57041.04          Purchase                  115
     186300086                             0           11/1/2005                 51489             51372.92          Purchase                  115
     186300087                             0           11/1/2005                362798            362705.03          Purchase                  124
     186300088                             0           11/1/2005                327992               327992          Purchase                  124
     186300092                             0           11/1/2005                 82198             82012.73          Purchase                  115
     186300093                             0           11/1/2005                 85485             85302.63          Purchase                  115
     186300096                           0.5           11/1/2005                268774            268754.43          Purchase                  124
     186300099                             0           11/1/2005                 92598             92389.29          Purchase                  115
     186300101                             0           11/1/2005                 56921              56767.3          Purchase                  115
     186300105                             0           11/1/2005                 28600             28524.69          Purchase                  115
     186300107                             0           11/1/2005                299146               299146          Purchase                  124
     186300108                             0           11/1/2005                 44044             43944.69          Purchase                  115
     186300109                             0           11/1/2005                 81998             81813.17          Purchase                  115
     186300111                             0           11/1/2005                 93001             92749.44          Purchase                  115
     186300113                             0           11/1/2005                 36800             36725.55          Purchase                  115
     186300114                             0           10/1/2005                304858            304857.99          Purchase                  124
     186300115                             0           11/1/2005                 21262              21229.1          Purchase                  115
     186300116                             0           11/1/2005                499454            499453.99          Purchase                  124
     186300119                             0           10/1/2005                473502               473502          Purchase                  124
     186300120                             0           11/1/2005                309392            309391.99          Purchase                  124
     186300121                             0           11/1/2005                270340               270340          Purchase                  124
     186300122                             0           11/1/2005                235349            235348.99          Purchase                  124
     186300124                             0           11/1/2005                 94757             94543.38          Purchase                  115
     186300126                             0           11/1/2005                355192            355191.99          Purchase                  124
     186300128                             0           11/1/2005                 74787             74618.43          Purchase                  115
     186300129                             0           10/1/2005                201996            201995.98          Purchase                  153
     186300137                             0           11/1/2005                427931               427931          Purchase                  124
     186300139                             0           11/1/2005                373491               373491          Purchase                  124
     186300140                             0           10/1/2005                399591            398463.27          Purchase                  124
     186300142                             0           11/1/2005                 26755              26694.8          Purchase                  115
     186300146                             0           10/1/2005                 52611             52504.59          Purchase                  115
     186300148                             0           11/1/2005                 58837             58522.73          Purchase                  110
     186300150                             0           11/1/2005                 41499             41395.28          Purchase                  115
     186300157                             0           11/1/2005                243000            242096.89          Purchase                  124
     186300159                             0           11/1/2005                188819            188812.73          Purchase                  124
     186300160                             0           11/1/2005                166268            166267.99          Purchase                  153
     186300161                             0           11/1/2005                464320               464320          Purchase                  124
     186300163                             0           11/1/2005                379192               379192          Purchase                  153
     186300164                             0           11/1/2005                449536               449536          Purchase                  124
     186300167                             0           11/1/2005                230094            230093.99          Purchase                  124
     186300168                             0           11/1/2005                225608               225608          Purchase                  124
     186300175                             0           11/1/2005                321874            321132.78          Purchase                  110
     186300182                             0           11/1/2005                104682            104530.26          Purchase                  115
     186300184                           0.5           11/1/2005                347992            347991.99          Purchase                  124
     186300186                             0           11/1/2005                 57524             57432.32          Purchase                  115
     186300190                             0           11/1/2005                358992               358992          Purchase                  124
     186300191                             0           10/1/2005                289789               289789          Purchase                  124
     186300192                             0           11/1/2005                106983            106827.96          Purchase                  115
     186300193                           0.5           11/1/2005                239084            238745.41          Purchase                  124
     186300195                             0           11/1/2005                 76215             76078.14          Purchase                  115
     186300196                           0.5           11/1/2005                303178               303178          Purchase                  124
     186300197                             0           11/1/2005                 56402             56315.89          Purchase                  115
     186300200                             0           11/1/2005                 14512             14495.07          Purchase                  115
     186300203                             0           11/1/2005                 47205             47121.74          Purchase                  115
     186300206                             0           10/1/2005                462392            462391.99          Purchase                  124
     186300208                             0           12/1/2005                405891               405891          Purchase                  153
     186300213                             0           10/1/2005                 25766             25719.57          Purchase                  115
     186300214                             0           10/1/2005                 41883             41788.71          Purchase                  115
     186300215                             0           11/1/2005                 41567             41371.99          Purchase                  110
     186300216                             0           11/1/2005                391701            391700.83          Purchase                  124
     186300223                             0           11/1/2005                 39888             39779.76          Purchase                  115
     186300225                           0.5           11/1/2005                304792            304791.99          Purchase                  124
     186300226                             0           11/1/2005                 18114             18087.72          Purchase                  115
     186300234                             0           11/1/2005                 79869             79733.29          Purchase                  115
     186300235                             0           11/1/2005                238765            238144.79          Purchase                  124
     186300236                           0.5           11/1/2005                239914            239507.74          Purchase                  124
     186300247                             0           10/1/2005                 39889             39834.35          Purchase                  115
     186300253                             0           11/1/2005                165898            165888.99          Purchase                  124
     186300255                             0           11/1/2005                115598            115355.49          Purchase                  115
     186300256                             0           11/1/2005                 71099             70944.09          Purchase                  115
     186300261                             0           11/1/2005                356391               356391          Purchase                  124
     186300262                           0.5           11/1/2005                350392             350391.4          Purchase                  124
     186300263                           0.5           11/1/2005                326025            326024.27          Purchase                  124
     186300264                             0           11/1/2005                234684            234683.98          Purchase                  124
     186300265                           0.5           11/1/2005                374109            374108.99          Purchase                  124
     186300266                             0           11/1/2005                 62016             61892.23          Purchase                  115
     186300267                             0           11/1/2005                259697               259697          Purchase                  153
     186300269                             0           11/1/2005                 58671             58554.18          Purchase                  115
     186300273                           0.5           11/1/2005                139038            139037.99          Purchase                  124
     186300276                             0           11/1/2005                 64924             64756.65          Purchase                  115
     186300278                             0           11/1/2005                 26106             26068.16          Purchase                  115
     186300279                             0           11/1/2005                 97925             97793.31          Purchase                  115
     186300280                             0           11/1/2005                384792               384792          Purchase                  124
     186300281                             0           11/1/2005                276451            276443.51          Purchase                  124
     186300283                             0           11/1/2005                 39599             39529.93          Purchase                  115
     186300284                             0           11/1/2005                 29846              29799.2          Purchase                  115
     186300287                           0.5           12/1/2005                450384               450384          Purchase                  124
     186300294                             0           11/1/2005                268650            268649.99          Purchase                  124
     186300295                             0           11/1/2005                346525            345342.91          Purchase                  110
     186300296                           0.5           11/1/2005                356792               356792          Purchase                  124
     186300299                             0           10/1/2005                350354            350353.98          Purchase                  124
     186300302                           0.5           11/1/2005                454531               454531          Purchase                  124
     186300303                             0           11/1/2005                 81516             81370.64          Purchase                  115
     186300311                             0           11/1/2005                 69113             69017.72          Purchase                  115
     186300313                           0.5           11/1/2005                321592            320361.87          Purchase                  110
     186300319                           0.5           11/1/2005                356603               356603          Purchase                  124
     186300322                           0.5           11/1/2005                318643               318643          Purchase                  124
     186300325                           0.5           11/1/2005                206246            206149.01          Purchase                  124
     186300327                           0.5           10/1/2005                319992               319992          Purchase                  124
     186300329                             0           11/1/2005                 86631             86272.42          Purchase                  115
     186300330                           0.5           12/1/2005                148637            148636.98          Purchase                  124
     186300334                             0           11/1/2005                 29850              29814.1          Purchase                  115
     186300335                           0.5           11/1/2005                451192               451192          Purchase                  124
     186300336                           0.5           11/1/2005                339992            339991.99          Purchase                  124
     186300343                           0.5           11/1/2005                512358               512358          Purchase                  124
     186300352                           0.5           12/1/2005                365592               365592          Purchase                  124
     186300354                             0           11/1/2005                391376               391376          Purchase                  124
     186300357                           0.5           12/1/2005                347725               347725          Purchase                  124
     186300361                             0           11/1/2005                 97844             97682.09          Purchase                  115
     186300363                           0.5           11/1/2005                222130               222130          Purchase                  124
     186300369                           0.5           11/1/2005                360152               360152          Purchase                  153
     186300376                           0.5           12/1/2005                336992               336992          Purchase                  124
     186300377                           0.5           11/1/2005                201921            201867.72          Purchase                  124
     186300380                           0.5           11/1/2005                439992               439992          Purchase                  124
     186300388                           0.5           12/1/2005                289531            289405.05          Purchase                  153
     186300411                           0.5           12/1/2005                242034               242034          Purchase                  124
     186300420                           0.5           11/1/2005                345592               345592          Purchase                  124
     186300422                           0.5           11/1/2005                367709               367709          Purchase                  124
     186300424                           0.5           12/1/2005                254881               254881          Purchase                  124
     186300425                           0.5           12/1/2005                408939               408939          Purchase                  153
     186300431                           0.5           12/1/2005                428474            428473.99          Purchase                  124
     186300444                           0.5           12/1/2005                277006            277004.06          Purchase                  153
     186300455                           0.5           11/1/2005                294424            294352.24          Purchase                  124
     186300467                           0.5           11/1/2005                113904            113057.33          Purchase                  124
     186300469                           0.5           11/1/2005                183660            183358.02          Purchase                  153
     186300470                           0.5           11/1/2005                367821            367721.39          Purchase                  124
     186300475                           0.5           11/1/2005                199001               199001          Purchase                  124
     186300481                           0.5           12/1/2005                343206               343206          Purchase                  124
     186300495                           0.5           11/1/2005                286032               286032          Purchase                  124
     186300496                           0.5           11/1/2005                314765               314765          Purchase                  124
     186300508                           0.5           12/1/2005                245006               245006          Purchase                  124
     186300512                           0.5           11/1/2005                222092               222092          Purchase                  124
     186300534                           0.5           11/1/2005                290336               290336          Purchase                  124
     186300581                           0.5           11/1/2005                 55216             55192.34          Purchase                  115
     186500001                             0           10/1/2005                133542            132978.39          Purchase                  124
     186500002                             0           11/1/2005                109500            109018.62          Purchase                  153
     186500003                             0           11/1/2005                 90536             90122.31          Purchase                  124
     186500006                             0           11/1/2005                104844            104493.77          Purchase                  153
     186500007                             0           10/1/2005                106079            105655.06          Purchase                  110
     186500008                             0           11/1/2005                 89340             88911.67          Purchase                  153
     186500010                             0           10/1/2005                 14838             14741.78          Purchase                  110
     186500011                             0           10/1/2005                169200            168758.58          Purchase                  110
     186500012                             0           11/1/2005                211765            210937.17          Purchase                  124
     186500013                             0           11/1/2005                111938            111617.88          Purchase                  124
     186500015                             0           11/1/2005                 27375             27184.54          Purchase                  110
     186500016                             0           10/1/2005                 26520             26335.49          Purchase                  110
     186500020                             0           12/1/2005                108000            107547.74          Purchase                  153
     186500026                             0           11/1/2005                121584            121075.33          Purchase                  110
     186500027                             0           10/1/2005                149351            148822.08          Purchase                  110
     186500034                             0           11/1/2005                104456            104075.17          Purchase                  110
     186500038                             0           11/1/2005                125454            125000.65          Purchase                  110
     186500040                             0           11/1/2005                116064             115796.7          Purchase                  124
     186500043                             0           11/1/2005                109388            109018.27          Purchase                  124
     186500045                             0           10/1/2005                 14411             14251.02          Purchase                  110
     186500046                             0           11/1/2005                 91198             90852.45          Purchase                  124
     186500048                             0           10/1/2005                 12896             12847.15          Purchase                  110
     186500049                             0           11/1/2005                 26114              25974.5          Purchase                  110
     186500052                             0           11/1/2005                223200            222460.29          Purchase                  124
     186500054                             0           11/1/2005                148336            147840.53          Purchase                  153
     186500055                             0           10/1/2005                119398            118983.29          Purchase                  110
     186500058                             0           11/1/2005                 98956             98708.82          Purchase                  153
     186500059                             0           11/1/2005                108448            108052.63          Purchase                  110
     186500060                             0           10/1/2005                 18800                18701          Purchase                  110
     186500061                             0           11/1/2005                108616            108339.23          Purchase                  153
     186500064                             0           11/1/2005                 22802              22758.9          Purchase                  115
     186500065                           0.5           11/1/2005                 27154             27090.53          Purchase                  115
     186500066                             0           11/1/2005                128804            128334.44          Purchase                  110
     186500067                             0           10/1/2005                101950            101533.12          Purchase                  124
     186500068                             0           11/1/2005                232257            231426.51          Purchase                  124
     186500070                             0           11/1/2005                 31363             31190.25          Purchase                  110
     186500074                             0           11/1/2005                135356             134986.9          Purchase                  124
     186500077                             0           11/1/2005                 87074             86836.56          Purchase                  110
     186500078                             0           11/1/2005                 28826             28778.54          Purchase                  115
     186500082                             0           10/1/2005                164246            164245.99          Purchase                  124
     186500085                             0           11/1/2005                 21769             21686.21          Purchase                  115
     186500088                             0           11/1/2005                153234            152926.58          Purchase                  124
     186500094                             0           11/1/2005                122310            122038.67          Purchase                  124
     186500098                           0.5           12/1/2005                 82948             82740.79          Purchase                  153
     186500099                             0           11/1/2005                 18249             18182.59          Purchase                  110
     186500103                           0.5           11/1/2005                104720            104406.19          Purchase                  110
     186500107                             0           11/1/2005                123957               123957          Purchase                  124
     186500108                             0           11/1/2005                276439               276439          Purchase                  124
     186500111                             0           11/1/2005                 17026             16966.36          Purchase                  110
     186500113                           0.5           10/1/2005                106021            105763.85          Purchase                  153
     186500115                           0.5           11/1/2005                120798            120496.26          Purchase                  110
     186500121                           0.5           12/1/2005                113815            113622.26          Purchase                  153
     186500123                           0.5           11/1/2005                113748            113559.12          Purchase                  153
     186500124                             0           12/1/2005                143620            142406.14          Purchase                  124
     186500127                           0.5           11/1/2005                122028            121795.82          Purchase                  153
     186500130                             0           11/1/2005                128987            128986.99          Purchase                  124
     186500138                           0.5           11/1/2005                103820               103820          Purchase                  153
     186500140                           0.5           11/1/2005                 96720             96443.22          Purchase                  153
     186500158                           0.5           11/1/2005                 94473             94316.12          Purchase                  153
     186500159                           0.5           11/1/2005                151521            151316.98          Purchase                  124
     186500162                           0.5           12/1/2005                147822               147822          Purchase                  124
     186500166                           0.5           11/1/2005                129078            128749.19          Purchase                  153
     186500167                           0.5           11/1/2005                109974            109701.98          Purchase                  110
     186500169                           0.5           11/1/2005                 91120             90980.19          Purchase                  124
     186500176                           0.5           11/1/2005                129452            129251.41          Purchase                  124
     186500178                           0.5           11/1/2005                107339            107138.56          Purchase                  110
     186500180                           0.5           12/1/2005                129259            129056.71          Purchase                  110
     186500181                           0.5           11/1/2005                155328            155070.07          Purchase                  124
     186500182                           0.5           11/1/2005                189458             189178.7          Purchase                  153
     186500186                           0.5           11/1/2005                 93200             93001.19          Purchase                  110
     186500193                           0.5           11/1/2005                152705            152130.53          Purchase                  153
     186500200                           0.5           11/1/2005                173550            173264.09          Purchase                  110
     186500204                           0.5           11/1/2005                160000            159703.11          Purchase                  110
     186500205                           0.5           12/1/2005                114251               114251          Purchase                  124
     186500220                           0.5           11/1/2005                331424               331424          Purchase                  124
     186500248                           0.5           12/1/2005                132048            131973.58          Purchase                  124
     186500251                           0.5           11/1/2005                 91800             91727.67          Purchase                  153
     186500261                           0.5           11/1/2005                 19590             19581.31          Purchase                  110
     240012605                             0           11/1/2005                 63750             63572.88          Purchase                  153
     240012631                             0           11/1/2005                236130            235380.45          Purchase                  153
     240012633                             0           10/1/2005                100800            100428.68          Cash Out Refinance        110
     240012645                             0           11/1/2005                 23200             23155.54          Purchase                  115
     240012648                             0          11/15/2005                 78160             77766.29          Purchase                  153
     240012654                             0           11/1/2005             285685.27            285685.27          Purchase                  153
     240012676                             0          10/11/2005                157500            157016.11          Purchase                  110
     240012681                             0          10/15/2005                 59534             59355.56          Purchase                  110
     240012708                             0           11/1/2005                 55250             55114.81          Purchase                  153
     240012722                             0          10/15/2005                 94500             94247.12          Purchase                  153
     240012751                             0           11/1/2005                188729               188729          Rate/Term Refinance       124
     240012798                             0           11/1/2005                103500            103300.61          Purchase                  153
     240012800                             0           11/1/2005                107776               107776          Rate/Term Refinance       153
     240012824                           0.5           11/1/2005                 68000             67812.76          Purchase                  124
     240012825                             0          10/15/2005                140000            139817.14          Cash Out Refinance        124
     240012829                           0.5           11/1/2005              82769.35             82580.06          Rate/Term Refinance       110
     240012830                             0           10/1/2005                 53800             53708.31          Purchase                  153
     240012833                           0.5           11/1/2005                151101            150926.12          Purchase                  153
     240012836                           0.5           11/1/2005                156156             155883.3          Purchase                  110
     240012843                           0.5          11/15/2005                 88616             88444.12          Purchase                  124
     240012846                           0.5           11/1/2005                113900            113773.15          Purchase                  153
     240012870                           0.5           11/1/2005                104000            103770.12          Purchase                  153
     240012888                           0.5           12/1/2005                 56000             55939.85          Cash Out Refinance        124
     240012901                           0.5           11/1/2005                256000            255522.22          Purchase                  110
     240012916                           0.5           12/1/2005                 31600             31584.46          Purchase                  110
     240101101                           0.5           11/1/2005                 39900             39056.62          Purchase                  110
     240101228                           0.5           11/1/2005              45424.96             37133.68          Rate/Term Refinance       110
     240215524                             0           11/1/2005               87775.3             87584.08          Rate/Term Refinance       124
     240215552                             0          10/15/2005                 39000              38814.8          Cash Out Refinance        110
     240215564                             0          10/14/2005                 41325             41160.18          Cash Out Refinance        110
     240215630                             0          11/15/2005              115411.5            114931.95          Rate/Term Refinance       124
     240215693                             0          10/15/2005                 99539             99186.67          Cash Out Refinance        124
     240215694                             0           11/1/2005                 50000             49673.84          Cash Out Refinance        124
     240215803                             0          11/13/2005                 44750             44334.44          Cash Out Refinance        110
     240215836                             0           10/1/2005              244454.4            243472.41          Rate/Term Refinance       124
     240215880                             0          10/15/2005                 35000             34884.88          Cash Out Refinance        110
     240215900                             0          10/10/2005                 48895             48824.55          Cash Out Refinance        115
     240215946                             0          10/15/2005                 88800              88618.2          Rate/Term Refinance       124
     240215967                             0           11/1/2005              134607.5            134148.89          Cash Out Refinance        124
     240216112                             0           10/1/2005                 64392             64270.36          Cash Out Refinance        124
     240216123                             0           11/1/2005             179043.75            178596.18          Cash Out Refinance        124
     240216125                             0           11/1/2005                180000            179608.62          Cash Out Refinance        153
     240216204                             0          11/15/2005                 59000             58835.54          Cash Out Refinance        110
     240216231                             0          10/15/2005                 22200             22186.23          Cash Out Refinance        115
     240216245                             0           11/1/2005              209450.5            209103.97          Cash Out Refinance        124
     240216261                           0.5          11/15/2005                 50000              49775.4          Cash Out Refinance        124
     240216355                             0          11/15/2005              285043.5            284639.84          Cash Out Refinance        124
     240216373                             0           11/1/2005                213725            213337.81          Cash Out Refinance        124
     240216379                             0           11/1/2005                213900            213287.95          Cash Out Refinance        124
     240216389                             0           11/1/2005              77431.38             77138.58          Cash Out Refinance        110
     240216400                             0           11/1/2005                 35000             34890.24          Cash Out Refinance        110
     240216427                             0           11/1/2005                 50000             49931.64          Cash Out Refinance        110
     240216442                           0.5          11/15/2005              351363.9            351001.98          Cash Out Refinance        124
     240216584                           0.5          12/15/2005                 40000             39987.21          Cash Out Refinance        115
     240216723                           0.5           11/1/2005                 27000              26978.4          Cash Out Refinance        110
     240216850                           0.5           12/1/2005                 48400             48362.43          Cash Out Refinance        110
     240302248                           0.5           11/1/2005                 48000             46252.08          Cash Out Refinance        110
     240312012                             0           11/1/2005               60367.5              59325.7          Cash Out Refinance        110
     240312469                             0          10/10/2005               68416.5              68265.3          Cash Out Refinance        110
     240312647                             0           10/1/2005                 88200             88054.06          Cash Out Refinance        124
     240312699                             0          10/15/2005                104500            104288.23          Cash Out Refinance        124
     240312737                             0           11/1/2005              77368.45             77189.55          Cash Out Refinance        110
     240312746                             0           10/1/2005                100000             99791.12          Rate/Term Refinance       124
     240312752                             0          11/15/2005                128000            127757.99          Rate/Term Refinance       124
     240312832                             0           10/1/2005                 72000             71868.17          Cash Out Refinance        124
     240312835                           0.5          11/15/2005               59884.6             59812.52          Cash Out Refinance        124
     240312849                           0.5           11/1/2005                 98137             98061.14          Cash Out Refinance        124
     240312871                           0.5          11/15/2005              103027.2            102815.67          Cash Out Refinance        124
     240312900                           0.5          11/10/2005                 93100             92988.89          Cash Out Refinance        110
     240312978                           0.5           11/1/2005                 78400             78253.67          Rate/Term Refinance       124
     240401810                             0           11/1/2005                 50250             47987.78          Cash Out Refinance        124
     240401856                             0           10/1/2005                 47200             45013.91          Cash Out Refinance        124
     240502263                             0           9/24/2005                102400             95370.41          Cash Out Refinance        115
     240502700                             0          10/22/2005                 81000             76310.18          Cash Out Refinance        120
     240517953                             0           11/1/2005                 74000             73831.78          Cash Out Refinance        124
     240518056                             0           11/1/2005               70183.6             69951.58          Rate/Term Refinance       124
     240518216                             0          10/15/2005               52318.5             52169.34          Cash Out Refinance        124
     240518342                             0           11/1/2005               77320.4             77043.96          Cash Out Refinance        124
     240518434                             0           12/1/2005                 60000             59816.59          Cash Out Refinance        124
     240518675                             0           10/1/2005                168300            168097.59          Cash Out Refinance        124
     240518700                             0           11/1/2005                129600            129413.01          Rate/Term Refinance       124
     240518701                             0           11/1/2005                 55800             55650.45          Cash Out Refinance        110
     240518756                           0.5           11/1/2005                265000            264797.38          Cash Out Refinance        124
     240518922                           0.5           11/1/2005                144000            143805.23          Rate/Term Refinance       124
     240600614                             0          10/25/2005                 33000             24027.75          Cash Out Refinance        110
     240602651                             0          12/20/2005                 38625             35259.23          Cash Out Refinance        110
     240603118                             0          11/27/2005                 41600             34929.99          Cash Out Refinance        110
     240608541                           0.5           10/1/2005                 54900             53843.61          Cash Out Refinance        124
     240608830                           0.5          11/15/2005                 36000             32894.27          Cash Out Refinance        110
     240624227                             0           11/1/2005                213725            212864.42          Cash Out Refinance        124
     240624525                             0          10/15/2005                105412            105040.66          Cash Out Refinance        124
     240624584                           0.5           10/1/2005             129517.35            129409.87          Rate/Term Refinance       124
     240624613                             0          10/15/2005                117000            116806.83          Purchase                  124
     240624651                           0.5           10/1/2005               89078.2             88823.31          Cash Out Refinance        124
     240624759                             0           11/2/2005               89522.3             88989.28          Cash Out Refinance        110
     240624782                           0.5           11/1/2005                100000             99848.11          Cash Out Refinance        153
     240624899                           0.5          11/15/2005                 28000             27745.93          Cash Out Refinance        110
     240625046                           0.5           11/1/2005                 50000             49953.63          Cash Out Refinance        124
     240801026                             0          10/23/2005                 23800             22936.31          Cash Out Refinance        115
     240806526                           0.5           11/1/2005                 44625             42966.89          Purchase                  110
     240907275                           0.5          12/19/2005                 47000             43654.73          Cash Out Refinance        110
     240907390                           0.5           11/1/2005               52129.9             38038.62          Cash Out Refinance        110
     240907433                           0.5           11/1/2005                 20000             19705.87          Cash Out Refinance        110
     240920596                             0          10/15/2005                 21100             20993.89          Cash Out Refinance        110
     241000872                             0           11/1/2005                 35100             31983.64          Cash Out Refinance        120
     241005795                           0.5            1/1/2006                 30600             28278.84          Cash Out Refinance        110
     241109315                           0.5           10/1/2005                 41350             40324.44          Cash Out Refinance        115
     241109471                           0.5            1/1/2006                 56665             55429.32          Purchase                  115
     241109554                           0.5          11/12/2005              72665.66             71300.64          Cash Out Refinance        110
     241109646                           0.5           12/1/2005              38098.39             36620.66          Cash Out Refinance        110
     241109909                           0.5           11/1/2005              50234.56             42729.64          Cash Out Refinance        110
     241123788                           0.5          11/15/2005               54982.2             54939.97          Cash Out Refinance        124
     241123813                             0           11/1/2005                 54712             54629.75          Cash Out Refinance        110
     241123841                             0           9/15/2005                134400            134185.46          Rate/Term Refinance       120
     241124142                           0.5           12/1/2005                 16000             15996.08          Cash Out Refinance        110
     241206830                           0.5           11/1/2005              68748.02             66285.27          Rate/Term Refinance       124
     241207648                           0.5           11/1/2005               40545.9             32282.25          Cash Out Refinance        110
     241207835                           0.5          11/17/2005                 39800             36042.66          Cash Out Refinance        110
     241208040                           0.5          10/16/2005                 97163             94989.84          Cash Out Refinance        110
     241218884                             0           11/2/2005                 27000             26741.93          Cash Out Refinance        110
     241219393                             0          10/15/2005              207597.5            206512.52          Cash Out Refinance        124
     241219636                             0           11/1/2005               95783.1             95370.82          Cash Out Refinance        124
     241219683                             0           10/1/2005              477034.2            475409.02          Rate/Term Refinance       124
     241219987                             0           11/1/2005                124000            123510.45          Cash Out Refinance        124
     241220009                             0           10/1/2005               71715.5              71453.9          Cash Out Refinance        124
     241220081                             0           11/1/2005               58757.7             58616.43          Cash Out Refinance        110
     241220109                             0          10/15/2005                 16000             15924.01          Cash Out Refinance        110
     241220236                             0          10/15/2005                 75490             75403.95          Cash Out Refinance        124
     241220257                             0          10/15/2005                142980            142852.69          Cash Out Refinance        124
     241220267                             0           11/1/2005               66682.2             66568.62          Cash Out Refinance        110
     241220275                             0           11/1/2005              107717.4            107539.17          Cash Out Refinance        124
     241220284                             0           10/1/2005                233750            233275.36          Cash Out Refinance        124
     241220308                             0           11/1/2005                 60000             59828.15          Cash Out Refinance        110
     241220356                             0           11/1/2005              108661.5            108429.92          Cash Out Refinance        124
     241220385                             0           11/1/2005                 68800             68619.51          Rate/Term Refinance       124
     241220404                           0.5          11/15/2005               85965.5             85907.18          Cash Out Refinance        124
     241220425                           0.5          11/15/2005               60697.9              60582.4          Rate/Term Refinance       124
     241220439                           0.5          11/15/2005                 74400             74265.12          Rate/Term Refinance       124
     241220449                             0           9/15/2005               90148.8             90027.16          Cash Out Refinance        124
     241220541                           0.5          11/15/2005               51416.5                51375          Cash Out Refinance        110
     241220560                           0.5          10/15/2005                 90588             90514.58          Cash Out Refinance        124
     241220612                           0.5          11/15/2005                202500            202379.82          Cash Out Refinance        124
     241220669                           0.5           11/1/2005                 67775             67758.42          Cash Out Refinance        110
     241220685                           0.5           12/1/2005               69450.8             69389.08          Cash Out Refinance        124
     241301555                             0          10/24/2005                 40600             34322.15          Rate/Term Refinance       110
     241306823                           0.5           11/1/2005              28819.05              3980.12          Rate/Term Refinance       110
     241322445                             0          10/13/2005                 50000             49887.56          Cash Out Refinance        110
     241322513                             0          10/15/2005                 81441             81145.36          Rate/Term Refinance       124
     241322714                             0           11/1/2005                180500            179945.46          Rate/Term Refinance       124
     241322730                             0           11/1/2005                 64800             64643.72          Cash Out Refinance        124
     241322753                             0           11/1/2005                112500            112068.64          Cash Out Refinance        124
     241322766                             0           11/1/2005                 75490             75186.02          Cash Out Refinance        124
     241322834                             0           10/1/2005              144478.1            143940.57          Cash Out Refinance        120
     241322904                             0          10/15/2005                122250            122026.26          Cash Out Refinance        124
     241322905                             0           11/1/2005                114750            114386.52          Rate/Term Refinance       124
     241322911                             0           11/1/2005                167000            166426.44          Rate/Term Refinance       124
     241322913                             0          10/15/2005                101250            101064.68          Cash Out Refinance        124
     241323090                             0           11/1/2005               95783.1             95450.43          Cash Out Refinance        120
     241323115                             0           11/1/2005                500000            498644.54          Cash Out Refinance        124
     241323361                             0           12/1/2005                 52392             52158.75          Cash Out Refinance        124
     241323367                             0          11/15/2005                121500            121351.96          Rate/Term Refinance       124
     241323396                             0          10/15/2005             106777.01            106697.12          Cash Out Refinance        124
     241323541                           0.5          11/15/2005                 50000             49945.72          Cash Out Refinance        124
     241323563                             0           11/1/2005              130406.5            130239.24          Rate/Term Refinance       124
     241323665                             0          11/15/2005                170000            169676.56          Cash Out Refinance        124
     241323719                           0.5          11/15/2005             302239.95            302123.67          Rate/Term Refinance       124
     241323722                           0.5           11/1/2005              107849.7            107762.86          Cash Out Refinance        124
     241323810                           0.5          11/15/2005              207740.7            207399.13          Cash Out Refinance        124
     241323828                           0.5          11/15/2005                123000            122692.54          Cash Out Refinance        124
     241323862                           0.5           12/1/2005                162000            161770.58          Cash Out Refinance        124
     241323879                           0.5          11/15/2005              414626.5            413906.13          Cash Out Refinance        124
     241323925                           0.5           11/1/2005                 60000             59920.01          Cash Out Refinance        124
     241323927                           0.5          11/15/2005               55538.1             55457.84          Cash Out Refinance        124
     241323943                           0.5          11/15/2005                188700            188394.83          Cash Out Refinance        124
     241323968                           0.5           11/1/2005                108900            108732.91          Cash Out Refinance        124
     241324046                           0.5           11/1/2005              132003.6            131752.45          Cash Out Refinance        124
     241324277                           0.5          11/14/2005                 34000             33992.75          Cash Out Refinance        115
     241400669                             0           11/1/2005               39562.5             37587.82          Cash Out Refinance        124
     241401285                             0           11/9/2005               19337.5             16612.36          Rate/Term Refinance       110
     241418722                             0           11/1/2005                175750            175161.65          Cash Out Refinance        153
     241418767                             0           11/1/2005                 90000             89409.42          Cash Out Refinance        124
     241418782                             0           11/1/2005                227500            226889.43          Cash Out Refinance        124
     241418942                             0          11/18/2005                 45930             45686.83          Cash Out Refinance        110
     241419244                           0.5           12/1/2005              207664.2            207446.84          Rate/Term Refinance       124
     241419303                           0.5           3/15/2006               90227.2             90183.13          Cash Out Refinance        124
     241419313                           0.5          11/15/2005                132000            131807.35          Rate/Term Refinance       124
     241419397                           0.5           12/1/2005               97993.8             97861.58          Cash Out Refinance        124
     241503548                           0.5          10/15/2005              85890.94              11448.1          Cash Out Refinance        120
     241503568                           0.5          10/15/2005                477500            465338.27          Rate/Term Refinance       124
     241503878                           0.5           11/1/2005              71966.56             69589.49          Rate/Term Refinance       120
     241503890                           0.5           10/1/2005              74901.87             72208.44          Rate/Term Refinance       120
     241503901                           0.5           12/1/2005              55483.75             54379.64          Cash Out Refinance        110
     241503977                           0.5           10/1/2005              86475.16             84391.67          Cash Out Refinance        120
     241504183                           0.5          11/15/2005              55688.37             54368.74          Cash Out Refinance        120
     241504254                           0.5          11/14/2005              57032.76              51349.5          Rate/Term Refinance       110
     241515750                             0           10/1/2005               67454.7             66964.16          Cash Out Refinance        124
     241516289                             0          10/15/2005                 29000             28902.92          Cash Out Refinance        115
     241516497                             0           10/9/2005                 40000             39822.04          Cash Out Refinance        110
     241516551                             0           11/1/2005               98313.5             98049.24          Cash Out Refinance        124
     241516780                             0          10/17/2005                 37000             36921.91          Cash Out Refinance        115
     241516808                             0           11/1/2005              113112.5            112727.09          Rate/Term Refinance       124
     241516845                             0           11/6/2005                 88200             88129.71          Cash Out Refinance        115
     241516859                             0           11/1/2005                109600            109200.29          Rate/Term Refinance       124
     241516865                             0           11/1/2005                 27400              27367.9          Cash Out Refinance        115
     241516890                             0           11/1/2005              133020.3            132527.92          Cash Out Refinance        124
     241516965                             0          11/15/2005                140000            139559.15          Rate/Term Refinance       124
     241517034                             0          11/15/2005                 35000             34967.38          Cash Out Refinance        115
     241517088                             0           11/1/2005                 84000             83658.58          Rate/Term Refinance       124
     241517092                             0           11/1/2005                 21000             20819.83          Cash Out Refinance        110
     241517189                             0          10/15/2005                118400            111100.15          Rate/Term Refinance       124
     241517254                             0           11/1/2005                261000            260353.16          Cash Out Refinance        124
     241517258                             0          10/15/2005               22925.2             22907.59          Cash Out Refinance        115
     241517277                             0          11/15/2005              140259.5            140110.15          Cash Out Refinance        124
     241517418                             0           11/1/2005                 98600             98426.79          Cash Out Refinance        110
     241517431                             0           11/3/2005               64972.4              64619.9          Cash Out Refinance        110
     241517453                             0           11/9/2005                 56000             55711.03          Cash Out Refinance        110
     241517485                           0.5           11/1/2005               92995.8             92446.92          Cash Out Refinance        110
     241517606                           0.5          11/15/2005                 60000             59976.71          Cash Out Refinance        124
     241517693                           0.5          12/15/2005               74356.6             74319.83          Cash Out Refinance        124
     241517703                           0.5           12/1/2005              265234.5             264824.7          Cash Out Refinance        124
     241517742                           0.5           12/1/2005               95872.3             95832.97          Cash Out Refinance        124
     241517751                           0.5          11/15/2005              125670.3            125612.89          Cash Out Refinance        124
     241517871                           0.5           11/1/2005                 24000             23994.49          Cash Out Refinance        110
     241600766                             0          10/15/2005                111000             33101.91          Cash Out Refinance        110
     241604507                           0.5            1/1/2006                 73800             72077.86          Cash Out Refinance        110
     241604555                           0.5          11/10/2005                 36900             30651.29          Cash Out Refinance        110
     241604775                           0.5           11/1/2005              78738.22             66574.32          Cash Out Refinance        110
     241700610                             0           10/1/2005                100000             92997.22          Cash Out Refinance        120
     241718294                             0           11/1/2005                 86700             86380.63          Cash Out Refinance        124
     241718342                             0          11/15/2005                204000            203416.61          Cash Out Refinance        124
     241718406                             0           11/1/2005                 35000             34834.54          Cash Out Refinance        110
     241718525                             0           11/1/2005                168750            168399.08          Rate/Term Refinance       124
     241718550                             0          11/15/2005                 21000             20789.75          Cash Out Refinance        110
     241718657                             0           11/1/2005                 38000             37912.92          Cash Out Refinance        115
     241718858                             0           11/1/2005                 43000             42841.48          Cash Out Refinance        110
     241718919                             0           11/1/2005                 35000             34818.39          Cash Out Refinance        110
     241718931                             0           11/1/2005                 42000             41963.88          Cash Out Refinance        115
     241718932                             0           11/1/2005                170000            169616.49          Cash Out Refinance        153
     241719035                             0           11/1/2005                132000            131689.19          Rate/Term Refinance       124
     241719055                             0           10/1/2005                 97325             97197.49          Cash Out Refinance        124
     241719070                             0           11/1/2005                184000            183416.26          Cash Out Refinance        124
     241719090                             0           11/1/2005                 90500             90341.01          Cash Out Refinance        124
     241800716                             0           10/1/2005                192000            182468.13          Rate/Term Refinance       124
     241800974                             0           12/1/2005                 72000             68291.48          Rate/Term Refinance       124
     241807413                           0.5           11/1/2005                 81000             79223.23          Cash Out Refinance        115
     241902082                             0           9/28/2005                 36000             23998.54          Cash Out Refinance        110
     241902141                             0           9/24/2005                 35000             24938.73          Cash Out Refinance        110
     241909160                           0.5          11/20/2005               70080.4             68402.82          Cash Out Refinance        110
     241919863                             0           11/1/2005                 76000             75751.79          Cash Out Refinance        124
     241919974                             0           12/1/2005                 50000             45648.28          Cash Out Refinance        124
     241920065                             0           11/1/2005                 50000             49914.11          Cash Out Refinance        110
     241920097                             0           10/8/2005                 25000             24885.42          Cash Out Refinance        110
     241920209                             0          11/15/2005                 50000             49932.37          Cash Out Refinance        124
     241920242                             0           11/1/2005                 81900             81793.83          Cash Out Refinance        110
     241920285                             0           10/1/2005                144800            144416.47          Purchase                  124
     241920332                             0           11/1/2005                 50000             49935.19          Cash Out Refinance        110
     241920336                             0          11/15/2005                 97200             97080.58          Cash Out Refinance        124
     241920353                             0          11/15/2005                 79900             79816.84          Cash Out Refinance        124
     241920368                             0           11/5/2005                 96475             96114.61          Cash Out Refinance        110
     241920409                             0           11/3/2005                 50000             49925.55          Cash Out Refinance        110
     241920414                             0           11/1/2005                 90000             89811.99          Cash Out Refinance        110
     241920416                             0          10/15/2005               93368.4             93284.55          Cash Out Refinance        124
     241920452                           0.5          11/15/2005                 73600             73522.58          Cash Out Refinance        124
     241920483                             0          11/15/2005                350000            349401.49          Cash Out Refinance        124
     241920538                           0.5           11/1/2005              131210.5             131083.6          Rate/Term Refinance       124
     241920586                           0.5          11/15/2005                162431             162252.1          Cash Out Refinance        124
     241920700                           0.5           11/1/2005                 22980             22975.03          Cash Out Refinance        110
     241920804                           0.5           11/1/2005                 52400             52381.71          Cash Out Refinance        110
     242005754                           0.5           11/1/2005                 60000              58870.7          Cash Out Refinance        110
     242100696                             0          12/15/2005                 76160             71093.67          Purchase                  124
     242100970                             0           11/1/2005                 68940             64074.74          Cash Out Refinance        120
     242105301                           0.5           11/1/2005              46106.43             43954.53          Cash Out Refinance        120
     242105337                           0.5          10/15/2005              53654.74             52544.54          Cash Out Refinance        124
     242105431                           0.5           10/1/2005                 54750             53235.76          Cash Out Refinance        115
     242105444                           0.5           11/1/2005                103500             98960.44          Cash Out Refinance        124
     242105466                           0.5          10/15/2005               68416.5             61715.63          Cash Out Refinance        120
     242105598                           0.5           11/1/2005                 69600              68108.8          Cash Out Refinance        120
     242117164                           0.5          11/15/2005               98313.5             97814.37          Cash Out Refinance        124
     242118369                             0           11/1/2005                 50000             49583.56          Cash Out Refinance        110
     242118396                             0           11/1/2005               62215.5             62014.07          Cash Out Refinance        124
     242118431                             0          10/15/2005               78726.3             78507.56          Purchase                  124
     242118438                             0           11/1/2005                 70000             69789.29          Cash Out Refinance        124
     242118502                             0          10/15/2005                106007            105681.28          Cash Out Refinance        124
     242118692                             0           11/1/2005                103500            103147.38          Cash Out Refinance        124
     242118843                             0          11/15/2005                 57750                57635          Cash Out Refinance        110
     242118952                             0           11/1/2005                130000            129712.14          Cash Out Refinance        124
     242119058                           0.5          11/15/2005              124533.2            124365.17          Cash Out Refinance        124
     242119105                             0           11/1/2005                 92960             92761.89          Cash Out Refinance        124
     242119140                             0           11/1/2005                 23200             23106.52          Cash Out Refinance        110
     242119162                             0          11/15/2005                 54000             53876.57          Cash Out Refinance        124
     242119195                             0          10/15/2005               53564.8             53523.65          Cash Out Refinance        124
     242119272                             0           10/1/2005                149400            149015.69          Cash Out Refinance        124
     242119301                             0          11/15/2005                114000            113819.82          Rate/Term Refinance       124
     242119317                             0           10/1/2005               57945.6             57853.82          Cash Out Refinance        124
     242119321                           0.5          11/15/2005                100000             99857.79          Cash Out Refinance        124
     242119322                             0          11/15/2005                 50000             49919.39          Cash Out Refinance        153
     242119336                             0          11/15/2005                 50000             49770.91          Cash Out Refinance        124
     242119346                             0           11/1/2005               78870.4             78770.32          Cash Out Refinance        110
     242119440                           0.5          11/15/2005                 89700             89620.13          Cash Out Refinance        124
     242119475                           0.5          10/15/2005                136080            135938.36          Cash Out Refinance        124
     242119523                           0.5           10/1/2005                108800            108680.44          Cash Out Refinance        124
     242119585                           0.5           11/1/2005                145000            144798.75          Cash Out Refinance        124
     242217865                             0           11/1/2005                 26104             26073.43          Cash Out Refinance        115
     242217930                             0           11/1/2005                 32068             32030.51          Cash Out Refinance        115
     242217971                             0           11/1/2005                 50000             49873.72          Cash Out Refinance        124
     242218259                             0           11/1/2005                 59000              58931.3          Cash Out Refinance        115
     242218332                             0          11/15/2005                 54294             54204.54          Cash Out Refinance        153
     242218339                             0          10/15/2005                 23000             22980.18          Cash Out Refinance        115
     242218355                             0          11/15/2005                 24000             23979.12          Cash Out Refinance        115
     242218447                           0.5           12/1/2005                110000            109824.42          Rate/Term Refinance       124
     242218754                           0.5           11/1/2005                239000            238661.53          Cash Out Refinance        153
     242218779                           0.5          11/15/2005                402450            401781.77          Cash Out Refinance        153
     242218825                           0.5           11/6/2005                 41800              41789.3          Cash Out Refinance        110
     242307675                           0.5           11/1/2005              26266.62             21769.85          Cash Out Refinance        110
     242307767                           0.5           11/1/2005                 32515             31474.98          Purchase                  110
     242319119                             0          11/15/2005                 63750             63590.69          Rate/Term Refinance       124
     242319295                             0           11/1/2005                104000            103605.32          Cash Out Refinance        124
     242319639                             0           10/1/2005                 56000             55843.52          Cash Out Refinance        124
     242319647                             0           11/1/2005                 84000              83785.7          Cash Out Refinance        124
     242319834                             0          11/15/2005                 69500             69385.81          Cash Out Refinance        124
     242319845                             0           11/1/2005                160000            159652.11          Cash Out Refinance        124
     242319859                             0           11/1/2005                 50000             49924.83          Cash Out Refinance        124
     242319879                             0          10/15/2005                193000            192697.95          Rate/Term Refinance       124
     242319895                             0           11/1/2005                146000            145601.89          Cash Out Refinance        124
     242319915                             0           11/1/2005                100000             99764.55          Cash Out Refinance        110
     242319945                             0          11/15/2005                210000            209606.41          Cash Out Refinance        124
     242319949                             0          10/15/2005                210600            210249.74          Cash Out Refinance        124
     242319977                           0.5          11/15/2005                 46000             45806.73          Cash Out Refinance        110
     242320048                             0          10/15/2005                273666            273233.46          Cash Out Refinance        124
     242320057                           0.5           12/1/2005                128700            128466.66          Cash Out Refinance        124
     242320068                           0.5           11/1/2005               57952.8             57849.74          Cash Out Refinance        124
     242320133                           0.5           11/1/2005                137000            136739.32          Cash Out Refinance        124
     242320254                           0.5           11/1/2005                 50000             49951.65          Cash Out Refinance        124
     242320330                           0.5          11/15/2005                211650            211484.89          Cash Out Refinance        124
     242320432                           0.5           11/1/2005                149615            149512.55          Cash Out Refinance        124
     242400789                             0           10/1/2005                 45000             25195.05          Cash Out Refinance        110
     242403901                           0.5           10/1/2005                 28890             26578.23          Cash Out Refinance        110
     242413438                             0          10/15/2005                 22000             21757.97          Cash Out Refinance        110
     242414705                             0           11/1/2005                111600            111296.89          Rate/Term Refinance       153
     242414953                             0          10/15/2005                 55250             55064.33          Cash Out Refinance        153
     242414972                             0           11/1/2005                 51200             51069.36          Cash Out Refinance        153
     242414997                             0           11/1/2005                112000            111615.34          Rate/Term Refinance       153
     242415000                             0           11/1/2005                 28000             27860.34          Cash Out Refinance        110
     242415041                             0          11/15/2005                 50040             48857.52          Cash Out Refinance        153
     242415055                             0           11/1/2005                 18400             18324.34          Cash Out Refinance        110
     242415298                             0           11/8/2005                 60350             60285.18          Cash Out Refinance        110
     242415368                             0           10/1/2005                 50000             49932.37          Cash Out Refinance        153
     242415446                             0           11/1/2005                 50500             50419.24          Rate/Term Refinance       110
     242415447                             0          10/15/2005                 56500             56427.69          Purchase                  153
     242415452                             0           10/1/2005                 83700             83502.91          Cash Out Refinance        153
     242415471                             0           11/1/2005                118400            118236.42          Cash Out Refinance        153
     242415568                           0.5           10/1/2005                 72660             72143.98          Cash Out Refinance        110
     242415576                             0           11/1/2005                 71100             70948.48          Cash Out Refinance        153
     242415596                             0           12/1/2005                 58950              58815.5          Cash Out Refinance        153
     242415744                           0.5           12/1/2005                 78300             78237.48          Cash Out Refinance        153
     242415825                           0.5           12/1/2005                 77000              76927.4          Cash Out Refinance        153
     242416065                           0.5          11/15/2005                 50000              49975.4          Cash Out Refinance        124
     242603584                           0.5           10/1/2005              21804.85             20435.58          Cash Out Refinance        110
     242620256                             0          10/15/2005                 50000             49872.41          Cash Out Refinance        124
     242620274                             0           11/1/2005                245000             244381.3          Cash Out Refinance        124
     242620383                             0          10/15/2005                 72000             71902.06          Cash Out Refinance        124
     242620533                             0           12/1/2005               52867.5              52757.4          Cash Out Refinance        124
     242620571                             0           11/1/2005                102588            102412.07          Cash Out Refinance        124
     242620606                             0           11/1/2005                 50000             49935.86          Cash Out Refinance        124
     242620625                             0           11/1/2005                 59400             59293.46          Cash Out Refinance        124
     242620806                           0.5           12/1/2005                 85137              85076.9          Cash Out Refinance        124
     242620817                           0.5           12/1/2005                 87199             87097.03          Cash Out Refinance        124
     242700442                           0.5           11/1/2005              36228.92             35545.27          Cash Out Refinance        110
     242711623                             0          10/15/2005                 67150             67020.74          Rate/Term Refinance       124
     242711819                             0           11/1/2005                 52800             52728.44          Cash Out Refinance        124
     242711866                             0           11/1/2005                 54670              54549.2          Rate/Term Refinance       124
     242711976                             0           11/2/2005                 53000             52934.24          Cash Out Refinance        110
     242711991                             0           11/1/2005                 93500             93295.97          Cash Out Refinance        110
     242712086                             0           11/1/2005                117568            117276.61          Cash Out Refinance        153
     242712127                             0          10/15/2005                 65600             65532.42          Cash Out Refinance        124
     242712134                           0.5           11/1/2005                 88480             88419.04          Rate/Term Refinance       124
     242712158                             0           11/2/2005                 53800             53635.91          Cash Out Refinance        110
     242712418                           0.5           11/1/2005                 59250              59223.5          Cash Out Refinance        124
     242800346                             0          10/30/2005                 62250             50730.05          Cash Out Refinance        110
     242819277                             0           11/1/2005               64166.5             63636.86          Cash Out Refinance        110
     242819587                             0          10/15/2005             170357.09            169753.56          Cash Out Refinance        124
     242819631                             0          11/13/2005                 41000             40938.17          Cash Out Refinance        115
     242819646                             0           11/1/2005                178200            177537.95          Cash Out Refinance        124
     242819670                             0           11/1/2005                132300            132056.01          Purchase                  124
     242819758                             0          11/15/2005              167419.2             164063.9          Cash Out Refinance        124
     242819763                             0           11/1/2005                 41400             41340.25          Cash Out Refinance        115
     242819774                             0           11/1/2005              117009.5            116556.96          Cash Out Refinance        124
     242819802                             0           11/1/2005                119000            118617.81          Cash Out Refinance        124
     242819813                             0          10/15/2005              284074.7            283443.85          Cash Out Refinance        124
     242819817                             0          10/15/2005                104800            104553.23          Cash Out Refinance        153
     242819831                             0          10/11/2005                 37000             36834.42          Cash Out Refinance        110
     242819832                             0           11/1/2005                175750            175223.36          Cash Out Refinance        124
     242819868                             0           11/1/2005                306000            305083.05          Cash Out Refinance        153
     242819999                             0           11/1/2005                181300            180781.21          Cash Out Refinance        124
     242820085                             0           11/1/2005                218400            217843.67          Rate/Term Refinance       153
     242820155                             0           11/1/2005                 45000             44956.41          Cash Out Refinance        115
     242820161                             0           11/1/2005                 64000             63903.83          Cash Out Refinance        115
     242820167                             0          10/15/2005                216800            216387.51          Cash Out Refinance        124
     242820170                             0          10/15/2005                168000            167712.71          Rate/Term Refinance       124
     242820191                           0.5           11/1/2005                256666            256472.71          Rate/Term Refinance       124
     242820200                           0.5          11/15/2005                120000            119771.67          Rate/Term Refinance       124
     242820219                             0          10/15/2005                121000            120825.16          Cash Out Refinance        124
     242820255                             0          10/15/2005                170980            170698.32          Cash Out Refinance        124
     242820361                           0.5           11/1/2005              209450.5            209129.16          Cash Out Refinance        124
     242820411                           0.5           11/1/2005                157600            157308.69          Rate/Term Refinance       124
     242820423                           0.5          11/15/2005              148752.6            148694.11          Cash Out Refinance        124
     242820480                           0.5          11/15/2005                 73700             73652.75          Cash Out Refinance        110
     242820498                           0.5           11/1/2005             240262.65            240027.84          Cash Out Refinance        124
     242820513                           0.5          11/13/2005                 65000             64976.31          Cash Out Refinance        110
     242820516                           0.5          11/15/2005                 62000             61978.67          Cash Out Refinance        110
     242900629                             0           9/30/2005                 14100              4115.18          Cash Out Refinance        110
     242900720                             0           9/29/2005                 25100             17283.65          Cash Out Refinance        110
     242900722                             0           9/22/2005                 19500              6757.61          Cash Out Refinance        110
     242907747                           0.5           10/1/2005                 41250             40471.03          Cash Out Refinance        110
     242907837                           0.5          11/19/2005              28932.43             24494.92          Cash Out Refinance        110
     242907846                           0.5          10/15/2005              42033.26             35177.54          Cash Out Refinance        110
     242907919                           0.5           11/1/2005              77870.31             76504.06          Cash Out Refinance        110
     242907936                           0.5           11/1/2005                 41400             31742.08          Cash Out Refinance        110
     242907945                           0.5           10/5/2005              48231.86             31724.34          Cash Out Refinance        110
     242907948                           0.5           10/1/2005              33161.26             27249.78          Cash Out Refinance        110
     242908182                           0.5          10/14/2005                 41600             34994.62          Cash Out Refinance        110
     242922647                             0           10/1/2005                 67150              66907.5          Cash Out Refinance        124
     242922897                             0           11/1/2005                 94893             94500.61          Cash Out Refinance        124
     242923205                             0          11/15/2005                120000            119677.95          Cash Out Refinance        124
     243103471                           0.5           10/1/2005              55056.14             53831.46          Cash Out Refinance        110
     243113201                             0           10/1/2005              239798.5            237420.77          Cash Out Refinance        153
     243113727                             0          11/15/2005                 83785             83363.04          Cash Out Refinance        153
     243114005                             0           11/1/2005                126882            126571.51          Cash Out Refinance        124
     243114037                             0           10/1/2005               95161.5             94940.54          Cash Out Refinance        153
     243114355                             0           11/1/2005                 47100             46858.71          Cash Out Refinance        110
     243114358                             0           10/2/2005                 26500             26136.21          Cash Out Refinance        110
     243114435                             0           11/1/2005                113115            112761.61          Cash Out Refinance        124
     243114546                             0           11/1/2005                105690            105465.97          Cash Out Refinance        153
     243114564                           0.5          10/15/2005                298365             298073.4          Cash Out Refinance        153
     243114620                             0           11/1/2005                126200            125980.58          Cash Out Refinance        124
     243114685                             0           11/1/2005                 51118              50869.5          Cash Out Refinance        110
     243114706                             0          10/15/2005                280525             279867.4          Cash Out Refinance        153
     243114732                             0           10/1/2005                152000            151592.68          Rate/Term Refinance       153
     243114743                             0           11/4/2005                166500            166251.58          Cash Out Refinance        110
     243114788                             0           11/1/2005                198400            197843.11          Rate/Term Refinance       124
     243114823                             0           10/1/2005                229125            228861.04          Cash Out Refinance        124
     243114930                           0.5          11/15/2005                115200            115009.87          Rate/Term Refinance       124
     243114940                           0.5           11/1/2005                 89000             88831.96          Cash Out Refinance        153
     243114988                           0.5          11/15/2005                252500            252018.95          Cash Out Refinance        153
     243214306                             0          10/15/2005                108572            108184.03          Rate/Term Refinance       124
     243214384                             0          11/15/2005               82099.8             81776.28          Rate/Term Refinance       124
     243214464                             0          11/15/2005                359058            357433.05          Cash Out Refinance        124
     243214465                             0          10/10/2005                 24000             23867.74          Cash Out Refinance        110
     243214692                             0          10/15/2005                 25800             25719.28          Cash Out Refinance        110
     243214703                             0           11/1/2005                 91686             91499.81          Cash Out Refinance        124
     243214722                             0          11/15/2005                 45000             44962.62          Cash Out Refinance        115
     243214751                             0           11/1/2005             207674.55            207294.44          Cash Out Refinance        124
     243214795                             0           11/1/2005                 14400             14313.28          Cash Out Refinance        110
     243214871                             0          11/15/2005                318700            317985.99          Rate/Term Refinance       124
     243214891                             0           10/1/2005                 67500             67315.94          Cash Out Refinance        124
     243214947                             0           11/1/2005                223250            222696.71          Cash Out Refinance        124
     243214957                             0           11/1/2005              188219.2            187866.43          Rate/Term Refinance       124
     243214999                           0.5          11/15/2005                 96784             96615.83          Cash Out Refinance        124
     243215067                             0          10/15/2005                168990            168804.68          Cash Out Refinance        124
     243303923                           0.5           10/1/2005                 53600             45024.38          Cash Out Refinance        110
     243319598                             0           11/1/2005                164000            163661.93          Cash Out Refinance        124
     243319625                             0           10/1/2005                 61146             61075.23          Cash Out Refinance        124
     243319695                             0          10/15/2005                 72400             72315.51          Cash Out Refinance        124
     243319704                           0.5          11/15/2005                 98000              97903.2          Cash Out Refinance        124
     243319746                             0           11/1/2005                 96000             95789.15          Cash Out Refinance        124
     243319893                           0.5           11/1/2005                 73500             73441.94          Cash Out Refinance        124
     243319949                           0.5           11/1/2005                 96000             95861.28          Cash Out Refinance        124
     243416625                             0          11/15/2005              157140.8            156464.83          Cash Out Refinance        124
     243416682                             0          10/15/2005                112686            112449.59          Rate/Term Refinance       124
     243416737                             0          10/15/2005                 76800              76597.8          Cash Out Refinance        124
     243416794                             0          11/15/2005                 75000             74792.52          Cash Out Refinance        124
     243416867                             0          10/15/2005                120000            119621.08          Cash Out Refinance        124
     243416944                             0           10/1/2005                 90400             90131.79          Rate/Term Refinance       124
     243417012                             0           11/1/2005                 77539             77237.19          Cash Out Refinance        124
     243417021                             0           12/1/2005                 31000             30902.87          Cash Out Refinance        110
     243417065                             0           11/1/2005                 80500             80160.37          Rate/Term Refinance       124
     243417083                             0          10/15/2005               57096.9             57053.96          Cash Out Refinance        124
     243417106                           0.5           11/1/2005                 90525             90424.68          Cash Out Refinance        124
     243417127                             0           11/1/2005               72666.5             72567.35          Cash Out Refinance        124
     243417133                             0          10/15/2005                232000            231608.94          Purchase                  124
     243417159                             0           11/1/2005              82825.75             82732.54          Rate/Term Refinance       124
     243417230                           0.5          11/15/2005               85292.9              85260.3          Cash Out Refinance        124
     243417252                             0          11/15/2005                 60300             60233.73          Cash Out Refinance        124
     243417259                             0          11/15/2005                 76050             75973.28          Cash Out Refinance        124
     243503955                           0.5          11/15/2005                 53200             52528.98          Cash Out Refinance        124
     243503962                           0.5           10/1/2005             118431.52            115580.63          Cash Out Refinance        110
     243504008                           0.5           10/1/2005               78280.6             75562.38          Cash Out Refinance        124
     243504167                           0.5          11/14/2005                 47600             29668.58          Rate/Term Refinance       110
     243504322                           0.5           11/1/2005                 56000             55003.37          Cash Out Refinance        124
     243504388                           0.5           11/7/2005              72043.77             57482.48          Cash Out Refinance        110
     243521285                             0           11/1/2005                 52500             52299.97          Purchase                  124
     243521479                             0           10/1/2005                 79000             78394.47          Cash Out Refinance        124
     243521543                             0           11/1/2005                148905            148704.59          Cash Out Refinance        124
     243521565                             0          10/15/2005                 80000             79818.24          Rate/Term Refinance       124
     243521645                             0           11/1/2005                 80000             79301.77          Cash Out Refinance        110
     243521726                             0          11/15/2005                 94000             93778.67          Cash Out Refinance        124
     243521759                             0           11/1/2005                 50100             49942.78          Cash Out Refinance        110
     243521796                             0           11/1/2005                207000            206407.67          Cash Out Refinance        124
     243521823                             0           10/1/2005                 62100             61987.48          Cash Out Refinance        124
     243521835                             0           11/1/2005                 50100             50010.14          Cash Out Refinance        124
     243521837                             0           11/1/2005                 73100             73016.68          Cash Out Refinance        110
     243521874                             0           11/1/2005                 56039             55980.58          Cash Out Refinance        110
     243521876                             0           11/1/2005                 92000             91826.35          Rate/Term Refinance       110
     243521909                             0          10/15/2005                 54000             53946.65          Cash Out Refinance        124
     243521931                           0.5          11/15/2005                105000            104865.61          Cash Out Refinance        124
     243521963                             0           11/8/2005                 72650             72550.17          Cash Out Refinance        110
     243521972                           0.5           11/1/2005                 75000             74938.82          Cash Out Refinance        124
     243521981                           0.5          11/15/2005                 50400             50334.16          Purchase                  124
     243522015                           0.5          11/15/2005                155000            154497.37          Cash Out Refinance        124
     243522052                           0.5           11/1/2005                 74855             74821.81          Rate/Term Refinance       124
     243522059                           0.5           11/1/2005                 50100             50074.56          Cash Out Refinance        124
     243522078                           0.5           12/1/2005                 62405             62332.54          Cash Out Refinance        124
     243522098                           0.5           12/1/2005                 80000             79847.78          Cash Out Refinance        124
     243522101                           0.5           12/1/2005                 50100             50057.34          Cash Out Refinance        124
     243522117                           0.5           11/1/2005                 80000             79863.18          Cash Out Refinance        124
     243522172                           0.5           12/1/2005                 50100             50004.67          Cash Out Refinance        124
     243522355                           0.5          11/14/2005                 28000             27994.91          Cash Out Refinance        110
     243603756                           0.5           11/1/2005                 36000             35145.66          Cash Out Refinance        110
     243603797                           0.5           11/1/2005               36837.1             36155.68          Cash Out Refinance        110
     243603923                           0.5           11/1/2005                 32000             26136.51          Cash Out Refinance        110
     243604063                           0.5           11/1/2005                 32000             31440.08          Cash Out Refinance        110
     243604106                           0.5          11/20/2005                 30000              29395.8          Cash Out Refinance        110
     243604237                           0.5           11/1/2005                 38350             37601.27          Cash Out Refinance        110
     243604370                           0.5           11/1/2005              46165.95             44876.28          Cash Out Refinance        110
     243604372                           0.5          10/14/2005              58527.07             52874.84          Cash Out Refinance        110
     243604407                           0.5           11/1/2005              73090.53                71310          Cash Out Refinance        110
     243604489                           0.5           10/8/2005                 47250             46066.09          Cash Out Refinance        110
     243604512                           0.5           10/1/2005                 48750              47776.2          Cash Out Refinance        110
     243604558                           0.5           11/1/2005                 59143                53959          Rate/Term Refinance       110
     243604589                           0.5           11/1/2005                 32396             29966.85          Cash Out Refinance        110
     243604658                           0.5          10/11/2005                 50940             49772.38          Cash Out Refinance        110
     243615927                             0          10/14/2005                 16700             16560.23          Cash Out Refinance        110
     243616087                             0           11/1/2005               66001.8             65767.31          Cash Out Refinance        124
     243616098                             0           11/1/2005                 69300             69064.38          Cash Out Refinance        124
     243616162                             0          10/15/2005              180075.1            179540.81          Rate/Term Refinance       124
     243616385                             0           11/1/2005                 76000             75844.11          Rate/Term Refinance       124
     243616408                             0          10/15/2005                159600            159362.36          Cash Out Refinance        153
     243616463                             0           11/1/2005                 85000             84855.23          Rate/Term Refinance       124
     243616567                           0.5           12/1/2005                 56700             56600.15          Cash Out Refinance        124
     243616594                           0.5          11/15/2005                210000            209910.98          Purchase                  124
     243712933                             0           11/1/2005              384582.5            383048.24          Cash Out Refinance        153
     243713088                             0           11/1/2005                 33000             32715.64          Cash Out Refinance        110
     243713108                             0          11/15/2005                215000            213917.48          Cash Out Refinance        124
     243713166                             0          10/11/2005                 33000             32826.06          Cash Out Refinance        110
     243713265                             0           11/1/2005                 32827             32581.25          Cash Out Refinance        110
     243713328                             0           11/1/2005                 21000             20974.87          Cash Out Refinance        115
     243713473                             0          11/15/2005                107000            106865.68          Rate/Term Refinance       124
     243713540                           0.5           11/1/2005              179666.2            179477.22          Cash Out Refinance        124
     243713557                             0           11/1/2005             114859.23            114545.88          Cash Out Refinance        124
     243713627                             0          10/15/2005                157176            156876.95          Cash Out Refinance        153
     243713655                             0           11/1/2005                165500             165086.3          Rate/Term Refinance       124
     243713738                           0.5          10/15/2005              166705.5            166568.05          Rate/Term Refinance       124
     243713739                           0.5          11/15/2005                 39000             38811.52          Cash Out Refinance        110
     243713745                           0.5          11/15/2005                116200             115978.9          Cash Out Refinance        124
     243713747                             0           10/8/2005                186000            184853.16          Cash Out Refinance        110
     243713761                             0          10/15/2005                150000             149774.4          Rate/Term Refinance       110
     243713762                           0.5          11/15/2005                160000            159695.57          Cash Out Refinance        124
     243713853                           0.5           12/1/2005                280519            280145.09          Cash Out Refinance        124
     243713867                           0.5           12/1/2005                 76021             75984.77          Rate/Term Refinance       124
     243713891                           0.5          11/15/2005                135882            135819.93          Cash Out Refinance        124
     243713909                           0.5           11/1/2005                 35000             34990.09          Cash Out Refinance        110
     243714044                           0.5           12/1/2005                199078             198995.4          Cash Out Refinance        124
     243817994                             0           10/1/2005                 96000             95635.64          Rate/Term Refinance       124
     243818002                             0           10/1/2005                 24000             23911.89          Cash Out Refinance        110
     243818008                             0           11/1/2005                151200            150675.49          Cash Out Refinance        124
     243818113                             0          10/15/2005                 26450             26353.16          Cash Out Refinance        110
     243818207                             0           11/1/2005                 50000             49807.98          Cash Out Refinance        124
     243818271                             0           11/1/2005                 30000             29885.37          Cash Out Refinance        110
     243818300                             0          10/15/2005                 54000             53947.21          Cash Out Refinance        124
     243818362                             0           11/1/2005                 85000             84919.51          Cash Out Refinance        110
     243818385                             0           11/1/2005                132509            132351.34          Cash Out Refinance        124
     243818390                             0          10/15/2005                126000            125854.47          Cash Out Refinance        124
     243818400                             0           11/1/2005                150700            150435.25          Rate/Term Refinance       110
     243818520                           0.5          11/15/2005              121538.9            121374.77          Cash Out Refinance        124
     243818711                           0.5           11/9/2005                 16000             15997.21          Purchase                  110
     243901657                           0.5           11/1/2005                 67500              65734.6          Rate/Term Refinance       110
     244102814                           0.5           11/1/2005              38724.03             37783.46          Rate/Term Refinance       115
     244102836                           0.5           11/8/2005              27056.38             16452.95          Rate/Term Refinance       110
     244102897                           0.5          10/15/2005                 60400             58471.71          Rate/Term Refinance       124
     244102921                           0.5           11/1/2005              79934.41             77643.89          Rate/Term Refinance       124
     244102963                           0.5           10/1/2005                 72000             70024.03          Rate/Term Refinance       115
     244103224                           0.5          11/17/2005                 42500             41566.18          Rate/Term Refinance       115
     244103305                           0.5          11/18/2005                 53975             52654.58          Rate/Term Refinance       115
     244103597                           0.5          11/15/2005                 47000             29352.21          Rate/Term Refinance       110
     244122852                             0           10/1/2005                121500            121029.66          Cash Out Refinance        124
     244123428                             0           11/1/2005                180000            179141.47          Cash Out Refinance        124
     244123472                             0          11/15/2005                159000            158470.19          Cash Out Refinance        124
     244123539                             0          10/15/2005                 54275             54124.52          Cash Out Refinance        124
     244123750                             0           11/1/2005                 84560             84226.14          Rate/Term Refinance       124
     244123752                             0           11/1/2005                 21140             21019.16          Cash Out Refinance        110
     244123824                             0          11/15/2005                 50000             49847.16          Cash Out Refinance        124
     244123832                             0          10/15/2005                 50000             49919.47          Cash Out Refinance        124
     244123989                             0           11/1/2005                 50000             49650.43          Cash Out Refinance        110
     244124008                             0           11/1/2005                 50000             49947.12          Cash Out Refinance        124
     244124123                             0           10/1/2005                105000            104857.32          Cash Out Refinance        124
     244124125                             0           11/1/2005                 84000              83858.4          Cash Out Refinance        124
     244124130                             0          10/15/2005               60905.7             60823.69          Cash Out Refinance        124
     244124149                             0           11/1/2005               60352.5             60042.49          Cash Out Refinance        124
     244124156                             0           11/1/2005                234000            233531.33          Cash Out Refinance        124
     244124169                             0           12/3/2005                 50000             25276.61          Cash Out Refinance        110
     244124194                             0           11/1/2005               51513.6             51442.35          Cash Out Refinance        124
     244124195                           0.5           11/1/2005                 50000             49949.48          Cash Out Refinance        124
     244124229                           0.5           11/1/2005                 65000             64969.99          Cash Out Refinance        124
     244124675                           0.5           11/1/2005              194553.5            194452.63          Cash Out Refinance        124
     244200571                           0.5           11/1/2005               85334.9             80832.96          Cash Out Refinance        124
     244211077                             0          10/15/2005                220500            219332.79          Cash Out Refinance        153
     244211405                             0           11/1/2005                 97850             97459.84          Rate/Term Refinance       124
     244211445                             0          10/15/2005               76623.3             76404.18          Cash Out Refinance        124
     244211481                             0          11/13/2005                 68392             68168.65          Cash Out Refinance        110
     244211551                             0          10/14/2005                 75000             74623.42          Cash Out Refinance        110
     244211574                             0           10/1/2005               57147.9             56954.69          Cash Out Refinance        124
     244211733                             0           11/1/2005               53003.8              52879.2          Cash Out Refinance        124
     244211741                             0          11/15/2005               50439.1             50299.96          Purchase                  124
     244211756                             0           10/1/2005                212400            212091.93          Rate/Term Refinance       124
     244211865                           0.5           11/1/2005                 67941             67875.98          Cash Out Refinance        124
     244211877                             0          11/15/2005                 38800             38685.06          Cash Out Refinance        110
     244211930                             0           11/1/2005               75231.2             75075.62          Cash Out Refinance        124
     244211986                           0.5           11/1/2005                 62300             62220.27          Cash Out Refinance        124
     244211997                             0           11/1/2005                 50000             49932.94          Cash Out Refinance        110
     244212041                             0           11/1/2005               63262.6             63089.81          Cash Out Refinance        124
     244212184                           0.5          11/15/2005                 50000             40399.48          Cash Out Refinance        124
     244402463                           0.5           10/1/2005                 56750                55050          Rate/Term Refinance       110
     244402480                           0.5           10/1/2005                 45100             38088.36          Cash Out Refinance        110
     244412691                             0           11/1/2005              107950.7            107468.62          Cash Out Refinance        124
     244412852                             0           11/2/2005                 50013             49920.49          Cash Out Refinance        110
     244412910                             0          10/15/2005                175500            175204.17          Cash Out Refinance        124
     244413008                             0           9/15/2005                265617            265135.78          Cash Out Refinance        124
     244413016                             0           11/1/2005              162493.5            162090.77          Cash Out Refinance        110
     244413126                             0           11/1/2005                 51800             51397.21          Cash Out Refinance        110
     244413127                             0           10/1/2005                 65000             64897.04          Cash Out Refinance        124
     244413174                           0.5          11/15/2005                 64000             63852.59          Cash Out Refinance        124
     244413197                           0.5           10/1/2005              101733.1            101633.66          Rate/Term Refinance       124
     244413235                           0.5          10/15/2005              199293.6            199118.62          Cash Out Refinance        124
     244502599                           0.5          11/12/2005              51060.64             50056.29          Rate/Term Refinance       110
     244502600                           0.5          11/14/2005                 62500             60936.66          Rate/Term Refinance       110
     244502643                           0.5          10/19/2005              36641.16             30711.45          Cash Out Refinance        110
     244502759                           0.5          10/15/2005              56039.31              54884.9          Cash Out Refinance        110
     244502808                           0.5           10/1/2005              68333.63             67101.97          Cash Out Refinance        110
     244502849                           0.5          11/18/2005              64394.93             39984.22          Rate/Term Refinance       110
     244503028                           0.5           11/1/2005               58081.4             56700.56          Cash Out Refinance        110
     244503040                           0.5           11/1/2005                 59493             57611.47          Cash Out Refinance        110
     244503108                           0.5          11/16/2005              28910.25             23859.93          Cash Out Refinance        110
     244519218                             0          11/15/2005                 50150             49856.88          Cash Out Refinance        124
     244519260                             0           11/1/2005                 50000             49910.14          Cash Out Refinance        124
     244519290                             0           11/1/2005                 50000             49844.79          Cash Out Refinance        124
     244519365                             0           11/1/2005                 95000             94411.21          Cash Out Refinance        110
     244519534                             0           11/1/2005                 60000             59863.01          Cash Out Refinance        124
     244519577                             0           10/1/2005              73093.95             72971.05          Rate/Term Refinance       124
     244519586                             0           12/1/2005                 75000             74621.64          Cash Out Refinance        124
     244519636                             0           11/1/2005                230850            230224.18          Cash Out Refinance        124
     244519647                             0           11/1/2005                126000            125124.22          Cash Out Refinance        124
     244519666                             0          11/15/2005              130597.7             130290.2          Cash Out Refinance        124
     244519693                             0          10/15/2005                123250             123060.8          Cash Out Refinance        124
     244519705                             0           11/1/2005                378400            377628.54          Rate/Term Refinance       124
     244519723                             0          10/15/2005                162550            162364.18          Rate/Term Refinance       124
     244519746                             0          11/15/2005               96627.2             96481.88          Cash Out Refinance        124
     244519809                             0           11/1/2005                 86400             86299.82          Rate/Term Refinance       124
     244519855                           0.5          11/11/2005              127174.2            127086.97          Cash Out Refinance        110
     244519856                             0          10/15/2005                184800            184563.49          Rate/Term Refinance       124
     244519938                           0.5           11/1/2005             179092.48            178954.95          Cash Out Refinance        124
     244519971                           0.5           12/1/2005              101156.6             101072.3          Cash Out Refinance        124
     244601454                           0.5           11/5/2005              58690.77             57651.63          Cash Out Refinance        110
     244601535                           0.5           11/2/2005              21717.98             21101.14          Cash Out Refinance        110
     244601707                           0.5          10/15/2005                 64000             62366.18          Cash Out Refinance        124
     244815510                             0           12/1/2005                 50000             49317.82          Cash Out Refinance        124
     244815782                             0           11/1/2005                129600            129279.42          Rate/Term Refinance       124
     244816010                           0.5           11/6/2005                 40304             40134.37          Cash Out Refinance        110
     244900460                           0.5           11/1/2005                 18500             15268.98          Cash Out Refinance        110
     244900463                           0.5           11/1/2005              53836.52             53304.84          Cash Out Refinance        110
     245002278                           0.5           11/1/2005                 40000              38686.3          Cash Out Refinance        110
     245102695                           0.5           10/1/2005                 40000             38492.27          Purchase                  124
     245107772                             0           11/1/2005               59791.5             59614.43          Purchase                  110
     245107802                             0          10/15/2005                 63750             63524.37          Cash Out Refinance        124
     245107826                             0           11/1/2005                127720            127125.05          Purchase                  124
     245107862                             0          11/15/2005                282736            281546.67          Cash Out Refinance        153
     245107897                             0          10/15/2005                195415            194799.65          Cash Out Refinance        153
     245107912                             0          10/11/2005                 55250             55119.89          Purchase                  110
     245107932                             0           10/1/2005                168750            168440.49          Cash Out Refinance        124
     245107934                             0           11/1/2005                 59500             59383.98          Purchase                  153
     245107941                             0           11/1/2005                117000            116792.32          Purchase                  124
     245107942                             0           10/1/2005                 70000             69875.76          Cash Out Refinance        153
     245107968                           0.5           12/1/2005                115000            114803.87          Purchase                  110
     245204294                           0.5           11/1/2005              84863.49             82168.96          Rate/Term Refinance       124
     245211318                             0           10/1/2005                 74755             74185.28          Purchase                  124
     245212262                             0          11/15/2005                 75200             74980.49          Cash Out Refinance        124
     245212306                             0           11/1/2005                136800            136310.91          Purchase                  124
     245212323                             0           11/1/2005                121600            121142.15          Purchase                  124
     245212334                             0          10/15/2005                 81600             81316.58          Cash Out Refinance        124
     245212359                             0           11/1/2005                363750               363750          Cash Out Refinance        124
     245212362                             0          11/15/2005                 64800             64672.33          Purchase                  124
     245212380                             0           10/1/2005                 67500             67318.82          Cash Out Refinance        124
     245212390                             0          10/15/2005                 52000             51881.15          Purchase                  153
     245212393                             0           11/1/2005                 66000             65831.62          Cash Out Refinance        124
     245212400                             0          10/15/2005                163800             163364.6          Rate/Term Refinance       124
     245212402                             0           11/1/2005                 61800             61623.79          Cash Out Refinance        124
     245212409                             0           11/1/2005                 90250             90031.21          Cash Out Refinance        124
     245212433                             0           10/1/2005                 70200             70061.65          Purchase                  124
     245212486                             0           11/1/2005                 71010             70864.62          Purchase                  124
     245212491                             0           11/1/2005                110000            109701.29          Rate/Term Refinance       124
     245212502                             0           9/15/2005                 79500             79414.61          Cash Out Refinance        124
     245212515                             0           11/1/2005                 88328             88152.59          Purchase                  124
     245212568                           0.5          11/15/2005                 99000             98844.16          Purchase                  124
     245212585                           0.5           11/1/2005                124906            124767.86          Purchase                  124
     245212702                           0.5           12/1/2005                 73629             73559.13          Purchase                  124
     245305109                             0           12/1/2005                152592            151654.32          Purchase                  124
     245305183                             0          10/15/2005                139993            139353.29          Purchase                  124
     245305204                             0           11/1/2005                 76000             75730.98          Purchase                  124
     245305210                             0           11/1/2005                105520            105074.05          Purchase                  124
     245305236                             0           9/15/2005                133110            132949.78          Purchase                  124
     245305258                           0.5           11/1/2005                172396            172196.88          Cash Out Refinance        124
     245305264                           0.5           12/1/2005                114595            114468.03          Cash Out Refinance        124
     245305287                           0.5          11/15/2005                 69300             69257.14          Purchase                  124
     245305325                           0.5          11/15/2005                 78795             78727.82          Purchase                  124
     245305330                           0.5          11/15/2005                 38600             38580.19          Cash Out Refinance        115
     245305334                           0.5          11/15/2005                 93760             93675.24          Purchase                  124
     245305337                           0.5          11/14/2005                 23440             23428.94          Purchase                  110
     245409060                             0          10/15/2005                139050            138495.21          Purchase                  153
     245409066                             0           11/1/2005                 21200             21165.34          Cash Out Refinance        115
     245409116                             0           11/1/2005                 76050             75813.94          Purchase                  124
     245409133                             0          11/15/2005                215200               215200          Cash Out Refinance        153
     245409147                             0          10/15/2005                 67500             67362.76          Purchase                  153
     245409157                             0           11/1/2005                212041               212041          Purchase                  124
     245409162                             0            9/1/2005                170400            169715.05          Cash Out Refinance        153
     245409195                             0           10/1/2005                156000               156000          Rate/Term Refinance       153
     245409207                             0          10/15/2005                158000            157608.41          Rate/Term Refinance       153
     245409220                             0           11/1/2005                131200            130906.06          Rate/Term Refinance       153
     245409229                           0.5          11/15/2005                137454            137204.64          Cash Out Refinance        124
     245409230                             0           11/1/2005                 68800             68612.38          Cash Out Refinance        153
     245409274                           0.5          11/15/2005                140080            139840.25          Purchase                  153
     245409303                           0.5           11/1/2005                174420               174420          Rate/Term Refinance       124
     245409309                           0.5           11/1/2005                114124            113953.07          Rate/Term Refinance       153
     245409311                           0.5           11/1/2005                160000               160000          Purchase                  153
     245409323                           0.5           11/1/2005                201298               201298          Purchase                  124
     245409331                           0.5           11/1/2005                251200            250733.42          Cash Out Refinance        110
     245409339                           0.5           11/1/2005                136000               136000          Purchase                  124
     245409347                           0.5          11/15/2005                 74000             73965.83          Purchase                  124
     245409359                           0.5           12/1/2005                 28000             27984.38          Cash Out Refinance        110
     245409377                           0.5           11/1/2005                312000               312000          Purchase                  153
     245409382                           0.5           12/1/2005                221360               221360          Purchase                  153
     245409401                           0.5          11/16/2005                 53000             52970.13          Cash Out Refinance        115
     245409403                           0.5           11/1/2005                 37000             36985.13          Cash Out Refinance        115
     245409412                           0.5           11/1/2005                 63600             63564.15          Cash Out Refinance        115
     245605782                             0           11/1/2005                 26363             26000.77          Purchase                  110
     245606032                           0.5          12/15/2005                195500            194777.74          Cash Out Refinance        124
     245606090                             0           10/1/2005                101000             100747.6          Purchase                  124
     245606127                           0.5           11/1/2005                 80000             79903.72          Cash Out Refinance        124
     245606148                             0           11/1/2005                117600            117162.48          Purchase                  124
     245606152                             0           10/1/2005                123360               123360          Purchase                  124
     245606166                             0           11/1/2005                 98400             98140.94          Purchase                  124
     245606184                             0           11/1/2005                 56000              55890.7          Purchase                  124
     245606190                             0           11/1/2005                 64000             63756.61          Purchase                  124
     245606193                             0           9/15/2005                 83200             82935.75          Purchase                  124
     245606208                             0           11/1/2005                128000            127649.46          Purchase                  124
     245606217                             0          10/15/2005                 95400             95206.65          Purchase                  124
     245606232                             0          10/15/2005                 94500             94298.61          Cash Out Refinance        124
     245606243                             0          11/15/2005                101700            101535.17          Purchase                  124
     245606244                             0           11/1/2005                 52200             52092.74          Purchase                  110
     245606264                             0           11/1/2005                 84000             83635.27          Cash Out Refinance        124
     245606277                           0.5           11/1/2005                 50150             50105.33          Purchase                  110
     245606301                             0           11/1/2005                 84915             84744.66          Purchase                  124
     245606316                           0.5           12/1/2005                180000            179475.14          Purchase                  124
     245606323                           0.5           11/1/2005                106000            105878.82          Cash Out Refinance        124
     245606324                           0.5          11/15/2005                 77850             77809.63          Purchase                  124
     245606371                           0.5           12/1/2005                 50000             49915.31          Cash Out Refinance        124
     245707959                             0          11/15/2005                100980            100447.57          Cash Out Refinance        153
     245707972                             0          11/16/2005                247200            246070.43          Cash Out Refinance        110
     245707991                             0           11/1/2005                350000            348502.63          Cash Out Refinance        110
     245707993                             0          11/15/2005                206040            205201.98          Purchase                  124
     245708000                             0          10/15/2005                269600               269600          Purchase                  124
     245708006                             0           11/1/2005                146250            145686.48          Cash Out Refinance        153
     245708015                             0           11/1/2005                176000               176000          Purchase                  153
     245708032                             0          11/15/2005                187200            186529.94          Cash Out Refinance        153
     245708034                             0           12/1/2005                 96000              95609.6          Rate/Term Refinance       153
     245708041                             0           11/1/2005                254733            253888.78          Purchase                  153
     245708044                             0           11/1/2005                204000               204000          Purchase                  124
     245708048                             0          10/15/2005                119737            119233.31          Rate/Term Refinance       153
     245708052                             0           11/1/2005                396473            394921.94          Purchase                  153
     245708059                             0           11/1/2005                316000            314637.53          Purchase                  124
     245708062                             0           11/1/2005                188400            187603.34          Purchase                  153
     245708064                             0           10/1/2005                180250            179652.63          Cash Out Refinance        153
     245708065                             0           9/15/2005                273600               273600          Purchase                  124
     245708078                             0           11/1/2005                185400            183412.57          Cash Out Refinance        110
     245708080                             0           11/1/2005                152440            151900.13          Cash Out Refinance        153
     245708083                             0          10/15/2005                265500            264613.16          Purchase                  153
     245708085                             0          10/15/2005                202704               202704          Cash Out Refinance        153
     245708087                             0           11/1/2005                227424               227424          Cash Out Refinance        153
     245708088                             0           11/1/2005                228000            227130.86          Cash Out Refinance        124
     245708102                             0           11/1/2005                341960               341960          Cash Out Refinance        153
     245708105                             0           11/1/2005                124000            123617.18          Purchase                  124
     245708116                             0          10/15/2005                166087            165789.16          Cash Out Refinance        153
     245708123                             0           10/1/2005                297600             296741.4          Purchase                  124
     245708126                             0           11/1/2005                144000            143559.83          Cash Out Refinance        124
     245708133                             0           11/1/2005                 92412                92412          Purchase                  124
     245708148                             0          10/15/2005                156560            156090.08          Cash Out Refinance        153
     245708156                             0           11/1/2005                141831            141468.45          Purchase                  124
     245708158                             0          11/15/2005                150000             149736.1          Cash Out Refinance        124
     245708159                             0          11/15/2005                244000            243431.15          Purchase                  153
     245708164                             0          10/15/2005                144900            144561.53          Cash Out Refinance        153
     245708165                             0          10/15/2005                123600            123309.18          Cash Out Refinance        153
     245708171                             0           11/1/2005                210120            209477.22          Cash Out Refinance        153
     245708174                             0           10/1/2005                178190            177748.38          Cash Out Refinance        110
     245708190                           0.5           12/1/2005                123600            123599.99          Purchase                  124
     245708197                             0          10/13/2005                 93526             93349.48          Cash Out Refinance        110
     245708241                           0.5           11/2/2005                313240            312251.22          Cash Out Refinance        110
     245708243                           0.5           11/1/2005                109344            109172.88          Rate/Term Refinance       153
     245708256                           0.5          11/15/2005                117008            116795.44          Cash Out Refinance        153
     245708260                           0.5          11/15/2005                227630            227105.16          Cash Out Refinance        153
     245708262                           0.5          11/15/2005                195000            194669.79          Cash Out Refinance        153
     245708298                           0.5           11/1/2005                164000            163743.35          Cash Out Refinance        110
     245708307                           0.5           11/1/2005                229500            229115.17          Cash Out Refinance        153
     245708341                           0.5           11/1/2005                211150               211150          Cash Out Refinance        153
     245708353                           0.5           10/1/2005                138400            138134.13          Purchase                  153
     245708356                           0.5           11/1/2005                208000            207940.64          Purchase                  124
     245708361                           0.5          11/15/2005                184000            183847.68          Purchase                  124
     245708379                           0.5           12/1/2005                258300            257822.25          Cash Out Refinance        153
     245708411                           0.5          11/15/2005                 53000             52971.04          Purchase                  115
     246002252                           0.5           11/1/2005                218500            213448.43          Cash Out Refinance        110
     246002309                           0.5           11/1/2005                191850            184812.42          Purchase                  124
     246002321                           0.5          10/15/2005                112000            108940.42          Purchase                  124
     246009725                             0           11/1/2005                153000            152339.03          Cash Out Refinance        124
     246009733                             0          10/15/2005                344000               344000          Purchase                  124
     246009753                             0           11/1/2005                292000               292000          Rate/Term Refinance       124
     246009776                             0           11/1/2005                230000            229091.96          Cash Out Refinance        124
     246009797                             0           11/1/2005                368225            366493.23          Cash Out Refinance        124
     246009802                             0           11/1/2005                217500            216702.78          Cash Out Refinance        124
     246009825                             0           11/1/2005                111000             110632.1          Cash Out Refinance        124
     246009833                             0           11/1/2005                240000            238999.93          Cash Out Refinance        120
     246009837                             0           11/1/2005                435670            434869.99          Cash Out Refinance        124
     246009840                             0           11/1/2005                300000            298705.72          Cash Out Refinance        124
     246009853                             0           11/1/2005                350000            348807.87          Cash Out Refinance        124
     246009855                             0           11/1/2005                392000            390622.85          Rate/Term Refinance       120
     246009859                             0           11/1/2005                 90400                90400          Purchase                  110
     246009899                             0           12/1/2005                420000               420000          Purchase                  124
     246009901                             0           11/1/2005                280997            280322.17          Cash Out Refinance        124
     246009902                             0           11/1/2005                284000               284000          Purchase                  124
     246009913                             0           10/1/2005                123985               123985          Purchase                  124
     246009923                             0           11/1/2005                220000               220000          Purchase                  124
     246009928                             0           10/1/2005                442694               442694          Cash Out Refinance        124
     246009935                             0           11/1/2005                 95288             95088.95          Cash Out Refinance        153
     246009943                             0           11/1/2005                433000            431697.86          Cash Out Refinance        124
     246009944                             0           11/1/2005                219627             219082.7          Rate/Term Refinance       153
     246009990                             0           11/1/2005                303992            303991.99          Purchase                  124
     246010003                           0.5           11/1/2005                290000            289437.52          Cash Out Refinance        124
     246010011                             0           11/1/2005                232000               232000          Rate/Term Refinance       153
     246010072                           0.5           12/1/2005                360000               360000          Cash Out Refinance        124
     246010113                           0.5           11/1/2005                585000            584204.33          Cash Out Refinance        124
     246010128                           0.5           11/1/2005                176900            176553.85          Cash Out Refinance        124
     246010136                           0.5           12/1/2005                226225               226225          Cash Out Refinance        124
     246010140                           0.5           11/1/2005                348000               348000          Rate/Term Refinance       124
     246010154                           0.5           12/1/2005                235920               235920          Purchase                  153
     246010157                           0.5           11/1/2005                 29000             28983.99          Cash Out Refinance        115
     246010165                           0.5           11/1/2005                392000               392000          Purchase                  124
     246010166                           0.5           11/1/2005                292000               292000          Rate/Term Refinance       124
     246205341                             0          11/15/2005                350000            349234.57          Cash Out Refinance        124
     246205356                             0          10/15/2005                139200            138591.07          Purchase                  124
     246205371                             0           10/6/2005                140000            139413.76          Purchase                  110
     246205376                             0          11/15/2005                308750            307325.57          Cash Out Refinance        153
     246205382                             0           11/1/2005                 55000             54822.48          Cash Out Refinance        124
     246205387                             0           11/1/2005                251328            250357.38          Purchase                  153
     246205398                             0           11/1/2005              279517.5               278707          Purchase                  124
     246205408                             0          11/15/2005                233600            233599.99          Purchase                  124
     246205414                             0          10/15/2005                200000               200000          Cash Out Refinance        124
     246205426                             0           10/1/2005                 72250              72053.7          Purchase                  124
     246205429                             0           11/1/2005                366400            365245.76          Cash Out Refinance        124
     246205432                             0          10/15/2005                128112            127616.27          Cash Out Refinance        124
     246205469                             0          11/15/2005                142400            142063.55          Purchase                  153
     246205490                           0.5          11/15/2005                127500            127386.47          Cash Out Refinance        124
     246205504                           0.5          11/15/2005                127800            127609.32          Cash Out Refinance        124
     246205506                           0.5           11/1/2005                518500             517645.8          Rate/Term Refinance       153
     246205526                           0.5           11/1/2005                181000             180801.1          Cash Out Refinance        110
     246205531                           0.5           11/1/2005                161350            160933.53          Cash Out Refinance        110
     246205593                           0.5           12/1/2005                126735               126735          Purchase                  124
     246205602                           0.5           11/1/2005                 25500             25482.89          Cash Out Refinance        110
     246300602                           0.5          10/15/2005                115110            111638.23          Purchase                  124
     246404433                             0           11/1/2005                120000            119507.78          Cash Out Refinance        124
     246404482                             0           10/1/2005                392000            391077.02          Cash Out Refinance        153
     246404488                           0.5           11/1/2005                475500            474413.27          Cash Out Refinance        153
     246404490                             0           11/1/2005                400629               400629          Rate/Term Refinance       124
     246404501                           0.5           11/1/2005                246148            246127.49          Cash Out Refinance        124
     246404542                           0.5           12/1/2005                184950            184859.97          Cash Out Refinance        124
     246404591                           0.5           12/1/2005                 94000             93947.02          Cash Out Refinance        110
     246501504                           0.5           10/1/2005                121185            116049.65          Purchase                  124
     246701128                           0.5           11/1/2005                 52800             51472.85          Purchase                  110
     246704911                             0           10/1/2005                124320               124320          Purchase                  124
     246704929                             0           11/1/2005                 57600             57400.19          Purchase                  124
     246704934                             0           11/1/2005                324862            323863.94          Cash Out Refinance        124
     246704938                             0           11/1/2005                 94350              93967.1          Cash Out Refinance        124
     246704971                             0          10/15/2005                255000            254301.73          Cash Out Refinance        124
     246704991                             0           11/1/2005                126350            126059.01          Rate/Term Refinance       110
     246704997                             0          10/15/2005                115200            114944.45          Purchase                  124
     246705000                           0.5           10/1/2005                 74400             74315.83          Purchase                  124
     246705025                           0.5           11/1/2005                 80910             80800.56          Purchase                  124
     246705039                           0.5           11/1/2005                201450            200926.71          Cash Out Refinance        124
     246801580                           0.5           10/1/2005                 66600             64945.54          Rate/Term Refinance       124
     246808107                             0          10/15/2005                 98800             98322.29          Purchase                  124
     246808109                             0           10/1/2005                 86450             86170.49          Cash Out Refinance        124
     246808134                             0           10/1/2005                 60000             59879.96          Cash Out Refinance        110
     246808135                             0           10/1/2005                154800            154228.67          Purchase                  124
     246808149                             0           10/1/2005                138600            138137.82          Purchase                  124
     246808169                             0           12/1/2005                 83230             82878.04          Purchase                  153
     246808180                             0           11/1/2005                 92000             91728.64          Cash Out Refinance        153
     246808192                             0           11/1/2005                114665            114345.26          Purchase                  153
     246808204                             0           11/1/2005                 60000             59770.46          Purchase                  124
     246808208                             0           9/15/2005                 68000             67826.16          Purchase                  153
     246808212                             0          10/15/2005                 94400             94143.18          Purchase                  124
     246808218                             0           11/1/2005                150000            149667.85          Cash Out Refinance        124
     246808229                             0           10/1/2005                 87300             87085.73          Purchase                  124
     246808235                             0           11/1/2005                 60000             59864.62          Purchase                  124
     246808240                             0           11/5/2005                 72200             72059.51          Cash Out Refinance        110
     246808359                           0.5           11/1/2005                102295            102141.15          Cash Out Refinance        110
     246808392                           0.5           11/1/2005                 96152              95983.7          Purchase                  110
     246903676                             0           11/1/2005                272020               272020          Cash Out Refinance        124
     246903716                             0          10/15/2005                189924            189586.92          Cash Out Refinance        124
     246903725                             0           11/1/2005                123600            123346.99          Cash Out Refinance        124
     246903734                             0          10/15/2005                 66400             66168.66          Purchase                  124
     247301053                           0.5          10/15/2005                103860            101372.11          Cash Out Refinance        124
     247305256                             0           11/1/2005                113009               113009          Purchase                  153
     247305460                             0           10/1/2005                279012            278017.47          Cash Out Refinance        124
     247305463                             0           11/1/2005                209950            208989.32          Cash Out Refinance        153
     247305501                             0          11/15/2005                205200             204642.6          Purchase                  153
     247305511                           0.5           11/1/2005                177888            177426.02          Rate/Term Refinance       153
     247305512                             0           11/1/2005              205339.2             205339.2          Purchase                  153
     247305565                           0.5          11/15/2005                114800               114800          Purchase                  153
     247305566                           0.5           11/1/2005                278516               278516          Cash Out Refinance        153
     247305577                           0.5           11/1/2005                264000            263643.82          Cash Out Refinance        124
     247305585                           0.5           12/1/2005                207000             206745.7          Purchase                  153
     247305595                           0.5           11/1/2005                 89600             89496.51          Purchase                  153
     247305598                           0.5           11/1/2005                176112            175739.16          Purchase                  153
     247305602                           0.5           11/1/2005                122400            122217.75          Purchase                  124
     247305618                           0.5          11/15/2005                 67000             66963.32          Purchase                  110
     247305632                           0.5           11/1/2005                257400               257400          Cash Out Refinance        153
     247305634                           0.5           11/1/2005                294516               294516          Cash Out Refinance        153
     247305651                           0.5           11/9/2005                 75000             74958.17          Purchase                  115
     247305662                           0.5          11/13/2005                 23400             23387.99          Purchase                  115
     247305664                           0.5          11/15/2005                110000            109906.21          Purchase                  124
     247305671                           0.5           11/1/2005                 79600             79561.66          Rate/Term Refinance       110
     247404265                             0           10/1/2005                 70000             69826.14          Cash Out Refinance        124
     247404400                             0           11/6/2005                110544            110194.99          Purchase                  110
     247404470                             0           11/1/2005                175200               175200          Purchase                  124
     247404480                             0           11/1/2005                170000            169420.83          Cash Out Refinance        153
     247404484                             0           11/1/2005                108950            108536.54          Rate/Term Refinance       153
     247404485                             0           11/1/2005                 72806             72615.93          Purchase                  153
     247404496                             0           11/1/2005                108000            107549.29          Cash Out Refinance        153
     247404548                             0           11/1/2005                 93600                93131          Cash Out Refinance        124
     247404557                             0           11/6/2005                 92185             91938.46          Cash Out Refinance        110
     247404580                             0           11/1/2005                 76500              76298.8          Cash Out Refinance        124
     247404585                             0           11/1/2005                244350            243774.39          Purchase                  153
     247404591                             0           11/1/2005                348000            344746.67          Cash Out Refinance        153
     247404634                             0           11/1/2005                 67500             67352.35          Purchase                  153
     247404696                           0.5           11/1/2005                 56700             56616.54          Purchase                  110
     247404710                             0          10/12/2005                 57690             57228.77          Purchase                  110
     247404721                             0           10/1/2005                150980            150754.94          Cash Out Refinance        153
     247404737                           0.5           12/1/2005                 80000             79735.59          Purchase                  153
     247404807                           0.5          10/15/2005                 91195             91071.95          Cash Out Refinance        153
     247404811                           0.5          11/15/2005                 73900             73855.23          Purchase                  124
     247404832                           0.5           11/1/2005                265019            264728.38          Cash Out Refinance        110
     247404840                           0.5           11/1/2005                147200            146911.75          Purchase                  124
     247404845                           0.5           11/1/2005                107840            107664.43          Purchase                  153
     247404896                           0.5          11/15/2005                 72000             71947.62          Purchase                  124
     247404906                           0.5          11/13/2005                 18000             17994.43          Purchase                  110
     247404909                           0.5           11/1/2005                 64000             63941.57          Purchase                  124
     247404916                           0.5           11/1/2005                144000               144000          Cash Out Refinance        153
     247404931                           0.5          10/15/2005                 42100             42082.53          Purchase                  110
     247404937                           0.5           12/1/2005                 26000             25987.99          Rate/Term Refinance       110
     247404955                           0.5           11/1/2005                140080            139960.57          Purchase                  124
     247603159                             0          11/16/2005                 82400             82174.33          Purchase                  110
     247603250                             0           11/1/2005                107100            106725.55          Rate/Term Refinance       153
     247603281                             0           11/1/2005                132000            131799.51          Cash Out Refinance        124
     247603282                             0           11/1/2005                 60000             59755.46          Purchase                  153
     247603303                             0          10/15/2005                120000             119811.9          Purchase                  124
     247603304                             0           12/1/2005                132000            131532.53          Purchase                  153
     247603318                             0           10/1/2005                104040            103600.03          Purchase                  153
     247603331                           0.5          11/15/2005                 91890             91829.83          Purchase                  124
     247603349                             0           11/1/2005                 94500             94333.19          Purchase                  153
     247603353                           0.5           11/1/2005                 94400              94161.5          Purchase                  153
     247603403                           0.5          11/15/2005                 88000              87847.8          Purchase                  153
     247603404                           0.5           12/1/2005                 85600             85483.56          Purchase                  124
     247603409                           0.5           11/1/2005                214240            213832.36          Purchase                  153
     247603410                           0.5           12/1/2005                 60800             60688.68          Purchase                  124
     247603414                           0.5           12/1/2005                235450            235038.05          Cash Out Refinance        153
     247603446                           0.5           11/1/2005              107312.5            107241.94          Purchase                  124
     247603453                           0.5          11/15/2005                 19800              19794.2          Purchase                  110
     248605215                             0           11/1/2005                202400               202400          Purchase                  153
     248605221                             0           11/1/2005                445000            444999.99          Cash Out Refinance        153
     248605228                             0           11/1/2005                108750            108059.21          Purchase                  153
     248605233                             0           11/1/2005                251000            249776.88          Purchase                  153
     248605310                             0           11/1/2005                126640               126640          Purchase                  153
     248605402                             0           11/1/2005                 23800             23611.08          Purchase                  110
     248605419                             0           11/1/2005                140800               140800          Rate/Term Refinance       153
     248605421                             0           11/1/2005                280000               280000          Purchase                  153
     248605434                             0           11/1/2005                269408            268279.46          Purchase                  153
     248605443                             0           10/1/2005                103620               103620          Purchase                  124
     248605447                             0           11/1/2005                135920            135322.46          Purchase                  153
     248605454                             0           11/1/2005                162400               162400          Purchase                  124
     248605459                             0           11/1/2005                243000            242999.99          Cash Out Refinance        124
     248605460                             0           11/1/2005                 70400             70394.24          Purchase                  124
     248605465                             0           11/1/2005                134000               134000          Purchase                  153
     248605471                             0           11/1/2005                260000               260000          Purchase                  153
     248605474                             0           11/1/2005                134800               134800          Purchase                  124
     248605478                             0           11/1/2005                203960            203943.58          Purchase                  153
     248605481                             0           11/1/2005                 64948             64748.42          Cash Out Refinance        153
     248605484                             0           11/1/2005                 65000             64825.32          Purchase                  115
     248605489                             0           10/1/2005                195200            194390.54          Cash Out Refinance        124
     248605492                             0           11/1/2005                122755            122466.99          Purchase                  110
     248605499                             0           11/1/2005                 67500             67245.35          Purchase                  110
     248605502                             0           11/1/2005                130500            130006.71          Purchase                  124
     248605504                             0           11/1/2005                119920               119920          Purchase                  153
     248605505                             0           11/1/2005                188000               188000          Purchase                  153
     248605509                             0           11/1/2005                220200            220199.29          Purchase                  124
     248605514                             0           11/1/2005                219900            218835.71          Purchase                  153
     248605527                             0           11/1/2005                170000            169416.17          Cash Out Refinance        124
     248605530                             0           11/1/2005                141600            140965.32          Purchase                  124
     248605537                             0           11/1/2005                 50990             50847.77          Purchase                  115
     248605539                             0           11/1/2005                475000            474907.97          Cash Out Refinance        153
     248605541                             0           12/1/2005                120000            119396.64          Purchase                  153
     248605546                             0           11/1/2005                151200            150659.47          Purchase                  153
     248605547                             0           10/1/2005                175200               175200          Purchase                  124
     248605549                             0           11/1/2005                 33980             33808.81          Purchase                  115
     248605551                             0           11/1/2005                144500            144042.27          Purchase                  153
     248605552                             0           11/1/2005                 35400             35316.03          Purchase                  115
     248605553                             0           11/1/2005                200000            199194.69          Purchase                  124
     248605554                             0           11/1/2005                140000            139390.51          Purchase                  153
     248605561                             0           11/1/2005                103600            103194.97          Purchase                  153
     248605562                             0           11/1/2005                117000               117000          Cash Out Refinance        124
     248605571                             0           11/1/2005                 15800             15740.17          Purchase                  115
     248605576                             0           11/1/2005                214200               214200          Purchase                  124
     248605579                             0           11/1/2005                152000               152000          Purchase                  153
     248605580                             0           10/1/2005                 70560             70415.43          Cash Out Refinance        124
     248605582                             0           11/1/2005                143200            142576.53          Purchase                  124
     248605583                             0           11/1/2005                190800            190239.51          Cash Out Refinance        153
     248605585                             0           11/1/2005                141600               141600          Purchase                  153
     248605594                             0           11/1/2005                100000             99532.23          Purchase                  153
     248605600                             0           11/1/2005                 33500             33421.39          Purchase                  115
     248605602                             0           11/1/2005                206000               206000          Purchase                  153
     248605612                             0           10/1/2005                 95200             95199.98          Purchase                  124
     248605618                             0           11/1/2005                129200            129199.99          Purchase                  124
     248605626                             0           11/1/2005                 17600             17453.26          Purchase                  115
     248605627                             0           11/1/2005                122240            121625.39          Purchase                  124
     248605634                             0           11/1/2005                128800            128699.59          Purchase                  153
     248605635                             0           10/1/2005                168800               168800          Purchase                  153
     248605640                             0           11/1/2005                 25000             24943.18          Purchase                  115
     248605643                             0           11/1/2005                 35400              35300.8          Purchase                  115
     248605648                             0           10/1/2005                204300            203521.62          Purchase                  153
     248605651                             0           10/1/2005                167200            167199.97          Purchase                  153
     248605654                             0           11/1/2005                 98400             98083.94          Purchase                  153
     248605655                           0.5           11/1/2005                121000               121000          Cash Out Refinance        124
     248605656                             0           12/1/2005                 30000             29908.75          Purchase                  115
     248605661                             0           11/1/2005                 23800             23749.76          Purchase                  115
     248605663                             0           11/1/2005                 59067             58920.83          Purchase                  115
     248605665                             0           10/1/2005                 86000              85734.5          Cash Out Refinance        153
     248605670                             0           11/1/2005                288000            287997.21          Purchase                  124
     248605671                             0           11/1/2005                136000            135575.95          Cash Out Refinance        124
     248605677                             0           11/1/2005                136000               136000          Purchase                  153
     248605681                             0           11/1/2005                186300            185700.81          Purchase                  153
     248605683                             0           11/1/2005                104800            104492.05          Purchase                  153
     248605685                             0           11/1/2005                111160            111119.79          Purchase                  153
     248605689                             0           10/1/2005                115360               115360          Purchase                  124
     248605690                             0           11/1/2005                490000            488308.09          Cash Out Refinance        124
     248605698                             0           11/1/2005                132800               132800          Purchase                  124
     248605707                             0           11/1/2005                 39980             39908.34          Purchase                  115
     248605712                             0           11/1/2005                 32200             31902.29          Purchase                  110
     248605719                             0           11/1/2005                 26440             26404.16          Purchase                  115
     248605724                             0           11/1/2005                 27790             27626.07          Purchase                  115
     248605726                             0           11/1/2005                 34000             33956.66          Purchase                  115
     248605727                             0           11/1/2005                 47000             46908.35          Purchase                  115
     248605730                             0           11/1/2005                200000               200000          Purchase                  153
     248605737                             0           11/1/2005                392000               392000          Rate/Term Refinance       124
     248605739                             0           11/1/2005                 58500             58375.63          Purchase                  115
     248605740                             0           11/1/2005                149200            148259.27          Purchase                  153
     248605742                             0           11/1/2005                136000               136000          Purchase                  124
     248605748                             0           11/1/2005                 41800             41707.41          Purchase                  115
     248605759                             0           11/1/2005                100000             99635.44          Purchase                  110
     248605760                             0           10/1/2005                113600            113292.03          Purchase                  124
     248605762                             0           12/1/2005                 30700             30629.22          Purchase                  115
     248605767                             0           11/1/2005                 86000             85758.58          Rate/Term Refinance       153
     248605775                             0           10/1/2005                270400               270400          Purchase                  124
     248605777                             0           11/1/2005                 33874             33804.37          Purchase                  115
     248605784                             0           11/1/2005                 50000              49719.3          Purchase                  110
     248605785                             0           11/1/2005                221600            221599.99          Purchase                  124
     248605787                             0           11/1/2005                 81000             80878.26          Rate/Term Refinance       110
     248605789                             0           11/1/2005                130500            130160.26          Cash Out Refinance        124
     248605794                             0           11/1/2005                210400               210400          Purchase                  124
     248605798                             0           11/1/2005                145800             145453.7          Cash Out Refinance        153
     248605799                             0           11/1/2005                260800               260800          Purchase                  124
     248605800                           0.5           11/1/2005                234000            233999.99          Rate/Term Refinance       124
     248605801                             0           11/1/2005                211520            210671.39          Purchase                  153
     248605804                             0           11/1/2005                156000               156000          Purchase                  153
     248605808                             0           11/1/2005                 66000              65886.4          Purchase                  115
     248605812                             0           11/1/2005                252000               252000          Purchase                  124
     248605813                             0           11/1/2005                437500            436030.06          Cash Out Refinance        124
     248605817                             0           11/1/2005                 62400             62282.08          Purchase                  115
     248605818                             0           10/1/2005                144000            143528.34          Purchase                  153
     248605826                             0           11/1/2005                 54000             53917.58          Purchase                  115
     248605836                             0           10/1/2005                 28400             28361.42          Purchase                  115
     248605840                             0           11/1/2005                 56000             55882.04          Cash Out Refinance        115
     248605844                             0           11/1/2005                165600               165600          Purchase                  153
     248605845                             0           11/1/2005                126280            125909.03          Purchase                  110
     248605846                             0           10/1/2005                 26493             26460.74          Purchase                  115
     248605847                             0           11/1/2005                 36000             35917.94          Purchase                  115
     248605848                             0           11/1/2005                 39000             38922.32          Purchase                  115
     248605855                             0           11/1/2005                 31570             31509.72          Purchase                  115
     248605856                             0           11/1/2005                 68800             68639.58          Rate/Term Refinance       124
     248605857                             0           11/1/2005                247994             247422.7          Purchase                  124
     248605861                             0           11/1/2005                277500            277058.66          Cash Out Refinance        153
     248605863                             0           11/1/2005                574000            572883.04          Cash Out Refinance        124
     248605865                           0.5           12/1/2005                208000               208000          Rate/Term Refinance       124
     248605870                             0           12/1/2005                245600               245600          Purchase                  124
     248605878                             0           11/1/2005                116000            115742.68          Purchase                  124
     248605884                             0           11/1/2005                264000               264000          Purchase                  124
     248605887                             0           11/1/2005                 17200             17174.67          Cash Out Refinance        115
     248605897                             0           11/1/2005                240000            239927.13          Purchase                  124
     248605899                             0           11/1/2005                135920               135920          Purchase                  124
     248605902                             0           10/1/2005                 18300             18225.17          Cash Out Refinance        110
     248605912                           0.5           11/1/2005                135960            135767.45          Purchase                  153
     248605916                             0           11/1/2005                 35400              35287.7          Purchase                  115
     248605919                           0.5           11/1/2005                128000            127936.51          Purchase                  124
     248605922                             0           11/1/2005                 41400             41315.36          Purchase                  115
     248605928                             0           12/1/2005                 45000             44922.93          Purchase                  115
     248605932                           0.5           11/1/2005                240000               240000          Purchase                  153
     248605933                             0           11/1/2005                 64600              64499.1          Purchase                  115
     248605935                           0.5           11/1/2005                159920               159920          Purchase                  124
     248605938                           0.5           12/1/2005                234400            234399.99          Purchase                  124
     248605942                           0.5           12/1/2005                351200            350251.57          Purchase                  110
     248605944                           0.5           12/1/2005                395200            394345.73          Cash Out Refinance        124
     248605948                           0.5           11/1/2005                304000               304000          Purchase                  124
     248605952                             0           11/1/2005                 45200             45150.02          Purchase                  115
     248605953                           0.5           11/1/2005                126900            126767.86          Purchase                  124
     248605954                           0.5           11/1/2005                 25980             25841.71          Purchase                  110
     248605955                             0           11/1/2005                123200               123200          Purchase                  153
     248605956                             0           11/1/2005                243000            242498.24          Cash Out Refinance        153
     248605958                             0           11/1/2005                202500            202379.61          Purchase                  124
     248605962                             0           11/1/2005                131451               131451          Purchase                  124
     248605967                             0           11/1/2005                141760            141401.39          Purchase                  124
     248605968                             0           11/1/2005                 31380             31340.58          Purchase                  115
     248605970                           0.5           12/1/2005                309600               309600          Purchase                  124
     248605974                             0           11/1/2005                 63920             63796.88          Purchase                  124
     248605976                           0.5           11/1/2005                302400               302400          Purchase                  124
     248605977                           0.5           12/1/2005                179120               179120          Purchase                  124
     248605981                           0.5           11/1/2005                228000               228000          Rate/Term Refinance       124
     248606000                           0.5           11/1/2005                 60800             60548.28          Cash Out Refinance        110
     248606005                           0.5           11/1/2005                 75600             75497.73          Purchase                  115
     248606008                           0.5           11/1/2005                107350             107164.6          Cash Out Refinance        124
     248606009                           0.5           12/1/2005                 15980             15960.49          Purchase                  115
     248606024                           0.5           11/1/2005                228950             228591.7          Purchase                  124
     248606037                           0.5           11/1/2005                 72000             71895.95          Purchase                  110
     248606045                           0.5           11/1/2005                136000            135793.42          Purchase                  110
     248606054                           0.5           11/1/2005                184000               184000          Purchase                  124
     248606112                           0.5           11/1/2005                138132            137936.37          Purchase                  124
     248606118                           0.5           12/1/2005                176000               176000          Purchase                  124
     248606144                           0.5           11/1/2005                230000            229714.54          Purchase                  124
     248606148                           0.5           11/1/2005                159120            158901.36          Purchase                  153
     248606158                           0.5           11/1/2005                202500            202192.41          Cash Out Refinance        110
     248606161                           0.5           11/1/2005                152800            152692.37          Purchase                  124
     248606164                           0.5           11/1/2005                175000             174711.7          Cash Out Refinance        124
     248606170                           0.5           11/1/2005                148000            147783.98          Purchase                  124
     248606171                           0.5           11/1/2005                290500             290164.5          Cash Out Refinance        124
     248606183                           0.5           12/1/2005                166400            166258.12          Purchase                  124
     248606184                           0.5           11/1/2005                171900            171753.44          Purchase                  124
     248606187                           0.5           12/1/2005                369000            368375.15          Cash Out Refinance        153
     248606189                           0.5           11/1/2005                100000               100000          Purchase                  153
     248606227                           0.5           12/1/2005                 71998             71906.04          Purchase                  153
     248606253                           0.5           12/1/2005                 41600                41585          Purchase                  115
     248606311                           0.5           11/1/2005                 34690             34676.38          Purchase                  115
     248606328                           0.5           11/1/2005                 16200             16194.21          Purchase                  110
     248606335                           0.5           11/1/2005                 58050             58023.76          Cash Out Refinance        110
     248606338                           0.5           12/1/2005                 53000             52808.01          Cash Out Refinance        115
     248606339                           0.5           12/1/2005                 53000             52918.18          Purchase                  153
     248606341                           0.5           11/1/2005                 37800             37773.53          Cash Out Refinance        115
     248606346                           0.5           12/1/2005                198000            197861.65          Purchase                  124
     248606352                           0.5           12/1/2005                 33778              33659.2          Purchase                  110
     248606363                           0.5           11/1/2005                 38200             38182.63          Purchase                  110
     248606369                           0.5           11/1/2005                 62000             61962.44          Purchase                  115
     248606370                           0.5           11/1/2005                 42670             42658.65          Purchase                  115
     248606383                           0.5           12/1/2005                 40000             39967.53          Purchase                  110
     248606420                           0.5           11/1/2005             168987.75            168910.56          Purchase                  153
     249007080                           0.5          11/10/2005              59812.63             58229.13          Cash Out Refinance        110
     249007245                           0.5           11/1/2005              49603.03             48404.14          Cash Out Refinance        110
     249007449                           0.5           10/1/2005              61352.41             60178.12          Cash Out Refinance        110
     249007515                           0.5          11/10/2005                 35810             35250.56          Cash Out Refinance        110
     249023305                             0          11/15/2005                200990            200235.26          Cash Out Refinance        124
     249023459                             0           11/1/2005                 36600             36453.03          Cash Out Refinance        110
     249023575                             0           11/1/2005              113701.7            113407.85          Cash Out Refinance        124
     249023707                             0           11/1/2005                121000             120773.8          Cash Out Refinance        124
     249023733                             0          11/15/2005              81697.35             81575.82          Cash Out Refinance        124
     249023746                             0           11/1/2005                 68000             67897.77          Cash Out Refinance        110
     249023873                             0           11/1/2005                108250            108002.58          Cash Out Refinance        124
     249023905                             0           11/1/2005                139000            138666.13          Cash Out Refinance        124
     249023942                             0           11/1/2005              173858.4            173360.91          Cash Out Refinance        124
     249023956                             0          11/15/2005                150000            149752.88          Cash Out Refinance        110
     249023972                             0           11/1/2005                169200            168715.83          Rate/Term Refinance       124
     249024064                             0           10/1/2005                135900            135899.99          Cash Out Refinance        153
     249024113                           0.5           11/1/2005                 92000             91911.03          Cash Out Refinance        124
     249024114                           0.5          11/15/2005               97392.9             97232.44          Cash Out Refinance        124
     249024131                           0.5           11/1/2005                116000            115779.28          Cash Out Refinance        124
     249024171                           0.5          11/15/2005               64921.4             64888.09          Cash Out Refinance        124
     249024187                           0.5           11/1/2005                418548            417949.27          Cash Out Refinance        124
     249107149                           0.5          11/14/2005              33745.92             28295.88          Cash Out Refinance        110
     249107256                           0.5           11/1/2005               58379.4             56400.27          Cash Out Refinance        110
     249121123                             0           11/1/2005                 72848             72148.15          Cash Out Refinance        110
     249121616                             0           11/1/2005              36159.85              35999.1          Cash Out Refinance        110
     249121650                             0           11/1/2005                 56000             55867.58          Cash Out Refinance        124
     249121656                             0           11/1/2005                 31467             30785.39          Cash Out Refinance        110
     249121766                             0           11/1/2005               37733.2             37702.91          Cash Out Refinance        124
     249121776                             0           11/1/2005                210000            209325.56          Cash Out Refinance        124
     249121795                             0           11/1/2005                 50000             49888.34          Cash Out Refinance        124
     249121875                             0          10/13/2005                 35000             34818.61          Cash Out Refinance        110
     249122003                             0           11/1/2005                120000            119743.94          Cash Out Refinance        110
     249122037                             0          10/15/2005                 72000             71825.82          Cash Out Refinance        124
     249122072                             0           11/1/2005                215000            214556.07          Cash Out Refinance        124
     249122091                             0          10/15/2005                 76500             76395.94          Cash Out Refinance        124
     249122104                             0           11/1/2005                 50000             49514.22          Cash Out Refinance        110
     249122109                             0           11/1/2005                 50000             49894.14          Cash Out Refinance        110
     249122110                           0.5          11/15/2005                297500            297098.61          Rate/Term Refinance       124
     249122157                             0          10/15/2005                125600            125387.58          Cash Out Refinance        124
     249122169                           0.5           11/1/2005                256666            255972.85          Cash Out Refinance        124
     249122173                             0          10/15/2005                 72392             72316.63          Cash Out Refinance        124
     249122194                           0.5          11/15/2005                 50000             49940.43          Cash Out Refinance        124
     249122209                             0          10/15/2005                 70000             69941.03          Cash Out Refinance        124
     249122222                             0          10/15/2005                 90000             89901.29          Cash Out Refinance        124
     249122223                           0.5          11/15/2005                 65700             65611.35          Cash Out Refinance        124
     249122236                           0.5          11/15/2005              173053.5            172734.42          Cash Out Refinance        124
     249122312                           0.5          11/15/2005                499038            498324.14          Cash Out Refinance        124
     249200018                             0           9/22/2005                 14625              4387.85          Cash Out Refinance        110
     249208152                           0.5           11/1/2005                 43750             42957.77          Rate/Term Refinance       110
     249208164                           0.5          11/12/2005              48698.23             48073.22          Cash Out Refinance        110
     249208307                           0.5          11/14/2005              43010.56             39525.29          Cash Out Refinance        110
     249208374                           0.5           11/7/2005                 36400             35757.42          Rate/Term Refinance       110
     249208534                           0.5           11/1/2005                 63540             62098.85          Cash Out Refinance        110
     249226343                             0          11/15/2005                 77000             76595.72          Cash Out Refinance        124
     249226422                             0           11/1/2005                 57000             56621.63          Cash Out Refinance        124
     249226454                             0          10/15/2005               57801.8              57664.1          Cash Out Refinance        124
     249226775                             0           11/1/2005                 56000             55831.42          Cash Out Refinance        124
     249226788                             0           11/1/2005                 99539             99249.34          Cash Out Refinance        124
     249226805                             0           10/1/2005               69246.9             69041.45          Cash Out Refinance        124
     249226808                             0           11/1/2005                172800            172241.63          Rate/Term Refinance       124
     249226880                             0           11/1/2005                 50000             49837.24          Cash Out Refinance        124
     249226901                             0           11/1/2005                 43200              43126.5          Cash Out Refinance        115
     249226905                             0           11/1/2005                 51100             51008.22          Cash Out Refinance        124
     249227002                             0           11/1/2005                 58100             58024.67          Cash Out Refinance        124
     249227051                             0           10/1/2005                 64200             64112.22          Cash Out Refinance        124
     249227063                             0           11/1/2005                 56250             56170.61          Cash Out Refinance        124
     249227080                             0           11/4/2005                 72000             71768.07          Cash Out Refinance        110
     249227165                             0           11/1/2005                 96588             96469.31          Rate/Term Refinance       124
     249227218                             0           11/1/2005                 72000             71837.05          Cash Out Refinance        110
     249227267                             0           10/1/2005                100800            100696.92          Cash Out Refinance        110
     249227271                             0           11/1/2005                 68000              67908.8          Cash Out Refinance        124
     249227276                           0.5          11/15/2005                 62400             62302.35          Rate/Term Refinance       124
     249227299                             0           11/1/2005             176003.05            175518.46          Cash Out Refinance        124
     249227311                             0           11/1/2005             122613.95            122425.73          Cash Out Refinance        124
     249227406                           0.5           11/1/2005                316715            315702.93          Cash Out Refinance        124
     249227426                           0.5           12/1/2005                 92000             91906.22          Cash Out Refinance        124
     249227531                           0.5           12/1/2005                 60000             59920.08          Cash Out Refinance        124
     249227545                           0.5           12/1/2005                150000            149787.58          Cash Out Refinance        124
     249227661                           0.5          11/15/2005              122293.8            122213.16          Cash Out Refinance        124
     249305518                           0.5           11/1/2005                 44800             28513.25          Cash Out Refinance        110
     249305578                           0.5           10/8/2005                 76000             74615.53          Cash Out Refinance        110
     249320533                             0          10/15/2005                183000            182104.46          Rate/Term Refinance       124
     249320689                             0           11/1/2005              115411.5             114775.9          Cash Out Refinance        124
     249320949                             0          10/14/2005                 52000             51667.16          Cash Out Refinance        110
     249320999                             0           11/1/2005              140052.6            139698.94          Cash Out Refinance        124
     249321183                             0          10/15/2005                 39500              39415.4          Cash Out Refinance        124
     249321329                             0           11/1/2005                252000            251389.11          Cash Out Refinance        124
     249321417                             0           11/1/2005                 31930             31835.41          Cash Out Refinance        110
     249321418                             0           11/1/2005                133850            133646.66          Cash Out Refinance        124
     249321500                             0          10/15/2005                 65000             64927.36          Cash Out Refinance        124
     249321555                             0           11/1/2005                186000             185827.7          Cash Out Refinance        110
     249321560                           0.5          11/15/2005              129944.8            129757.04          Cash Out Refinance        124
     249321582                             0           11/1/2005                150000            149614.16          Cash Out Refinance        124
     249321609                           0.5          11/15/2005                 60800             60701.97          Rate/Term Refinance       124
     249321750                           0.5           12/1/2005              226977.8            226707.42          Cash Out Refinance        124
     249321803                           0.5           11/1/2005                204500            204287.13          Cash Out Refinance        124
     249321872                           0.5           11/1/2005                 85490             85424.27          Cash Out Refinance        124
     249403952                           0.5          11/12/2005                 38865             37833.05          Cash Out Refinance        110
     249404233                           0.5           11/1/2005              53005.22              52164.7          Rate/Term Refinance       110
     249504115                           0.5          10/15/2005               72872.5             60839.67          Cash Out Refinance        110
     249504429                           0.5           11/2/2005                 22680             22099.44          Cash Out Refinance        110
     249521167                             0           11/1/2005                384705            382057.22          Rate/Term Refinance       124
     249521952                             0           11/1/2005                113000            112601.52          Cash Out Refinance        124
     249522316                             0           11/1/2005                 50500             50218.04          Cash Out Refinance        110
     249522493                             0           11/1/2005                 36500             36323.92          Cash Out Refinance        110
     249522584                             0          11/15/2005              114295.8            114194.02          Cash Out Refinance        124
     249522676                             0           11/1/2005                 35000             34942.39          Cash Out Refinance        124
     249522706                             0           11/1/2005                 57950             57674.91          Cash Out Refinance        110
     249522766                             0           11/1/2005               78650.8             78419.74          Cash Out Refinance        124
     249522783                             0           11/1/2005                480000            479343.86          Cash Out Refinance        124
     249522798                             0           11/1/2005              71939.55             71787.41          Rate/Term Refinance       124
     249522816                             0          10/12/2005                 92500             92216.65          Cash Out Refinance        110
     249522941                             0           11/1/2005                 35000             34915.93          Cash Out Refinance        124
     249523026                             0           11/1/2005                165000            164772.04          Cash Out Refinance        124
     249523068                             0          11/15/2005              228258.3            227823.43          Cash Out Refinance        124
     249523114                           0.5           11/9/2005                 74000             73945.81          Cash Out Refinance        110
     249523143                           0.5           11/1/2005              136750.6            136448.19          Cash Out Refinance        124
     249523148                           0.5           10/1/2005               52148.9             52108.76          Cash Out Refinance        124
     249523151                           0.5          11/15/2005                 65000             64885.54          Cash Out Refinance        124
     249523160                           0.5           12/1/2005                 50000             49931.26          Cash Out Refinance        124
     249523163                           0.5          11/15/2005                150000            149909.12          Cash Out Refinance        124
     249523183                           0.5          11/15/2005                273666            273470.89          Cash Out Refinance        124
     249523201                           0.5           12/1/2005                135800            135513.84          Cash Out Refinance        124
     249523210                           0.5           11/1/2005                143431            143185.72          Cash Out Refinance        124
     249523213                           0.5          11/15/2005                165000            164728.17          Cash Out Refinance        124
     249523439                           0.5           12/1/2005                100000             99974.41          Cash Out Refinance        110
     249602746                           0.5           11/1/2005              33445.11              32629.1          Cash Out Refinance        110
     249602976                           0.5           10/1/2005                 49600             48385.93          Cash Out Refinance        110
     249615513                             0            1/1/2006                 35000             34607.33          Cash Out Refinance        124
     249615515                             0           11/1/2005              583552.5            581967.34          Cash Out Refinance        124
     249615565                             0           10/1/2005                 39700             39359.23          Cash Out Refinance        110
     249615644                             0          10/15/2005                170980            170454.52          Cash Out Refinance        124
     249615657                             0          10/14/2005                 41750             41585.95          Cash Out Refinance        110
     249615842                             0          10/15/2005               66431.2             65764.16          Cash Out Refinance        124
     249615878                             0          10/15/2005                 96500              96360.2          Cash Out Refinance        153
     249615942                             0           11/1/2005                 81000             80792.92          Cash Out Refinance        124
     249616047                             0           11/1/2005                281715            281086.01          Cash Out Refinance        124
     249616081                             0          10/15/2005                 84550             84378.31          Rate/Term Refinance       124
     249616099                             0           10/1/2005              134219.3            133816.28          Cash Out Refinance        153
     249616119                             0          10/15/2005                153833             153554.3          Cash Out Refinance        124
     249616183                             0           11/1/2005             117184.55            117027.37          Cash Out Refinance        110
     249616193                             0           11/1/2005               46523.4             46454.91          Cash Out Refinance        110
     249616281                             0          11/15/2005                170274             170086.9          Cash Out Refinance        124
     249616295                             0          10/15/2005                124000            123792.06          Cash Out Refinance        153
     249616315                           0.5          11/15/2005               70026.3             69921.06          Cash Out Refinance        124
     249616346                             0           11/1/2005               63514.5             63446.81          Cash Out Refinance        124
     249616352                           0.5          10/15/2005                 94039             93935.65          Cash Out Refinance        124
     249616370                           0.5           11/1/2005              171290.7            171075.91          Cash Out Refinance        124
     249616385                           0.5          11/15/2005               88054.7             87927.45          Cash Out Refinance        124
     249616399                           0.5          10/15/2005                157176            156978.92          Cash Out Refinance        124
     249616451                           0.5           11/1/2005                 54300             54255.23          Cash Out Refinance        124
     249616466                             0          10/15/2005                 77500             77431.86          Cash Out Refinance        120
     249616474                           0.5           11/1/2005              75640.95             75500.88          Cash Out Refinance        124
     249616497                           0.5           11/1/2005                310156            309759.08          Rate/Term Refinance       124
     249616510                           0.5          11/15/2005                 87000              86957.2          Rate/Term Refinance       153
     249616587                           0.5           11/1/2005                105000            104953.45          Cash Out Refinance        153
     249616626                           0.5          11/15/2005                 50000             49979.21          Cash Out Refinance        110
     249616638                           0.5           12/1/2005               58070.4             58018.68          Rate/Term Refinance       124
     249723869                             0           10/1/2005                209274            208561.06          Cash Out Refinance        124
     249723930                             0           11/1/2005                 56240              56113.2          Cash Out Refinance        124
     249723998                             0          11/15/2005              75658.65             75508.44          Rate/Term Refinance       124
     249724158                             0          10/15/2005                 99710             99415.74          Cash Out Refinance        124
     249724328                             0           11/1/2005              129944.8            129565.48          Rate/Term Refinance       124
     249724391                             0          11/15/2005              181238.8            180684.77          Cash Out Refinance        124
     249724430                             0          11/15/2005                135000            134701.08          Cash Out Refinance        124
     249724462                             0          11/15/2005                100000             99656.04          Purchase                  124
     249724534                             0          11/15/2005                116850             116685.1          Cash Out Refinance        110
     249724585                             0          10/15/2005              140203.6            140033.12          Cash Out Refinance        124
     249724605                             0           11/1/2005                 67900             67761.24          Cash Out Refinance        110
     249724680                             0          10/15/2005              104297.8            104172.28          Cash Out Refinance        124
     249724699                             0           11/1/2005                106200            105696.59          Cash Out Refinance        110
     249724727                             0           12/1/2005                 66680             66489.17          Cash Out Refinance        124
     249724730                             0           11/1/2005                 44000             43896.17          Cash Out Refinance        124
     249724740                             0          10/15/2005                168000            167827.48          Rate/Term Refinance       124
     249724773                             0           11/1/2005              111881.1            111665.58          Cash Out Refinance        110
     249724821                             0          10/15/2005                154500            154353.17          Cash Out Refinance        124
     249724825                             0           10/1/2005                129500            129224.01          Cash Out Refinance        124
     249724876                             0           11/1/2005                100800            100605.83          Cash Out Refinance        124
     249724897                             0          10/15/2005                271800            271534.35          Rate/Term Refinance       124
     249724898                           0.5          11/15/2005                 82000             81843.98          Cash Out Refinance        124
     249724980                             0           11/9/2005              122250.7            122087.75          Cash Out Refinance        110
     249725054                           0.5           11/1/2005              112846.8            112738.06          Cash Out Refinance        124
     249725094                           0.5           12/1/2005                274550            274097.69          Cash Out Refinance        124
     249725167                           0.5           11/1/2005              245342.5            245092.43          Rate/Term Refinance       124
     249725222                           0.5          11/15/2005              59953.05              59935.5          Cash Out Refinance        110
     249725262                           0.5          11/15/2005                134700            134636.48          Rate/Term Refinance       124
     249800840                           0.5           11/1/2005                 22750             22122.24          Cash Out Refinance        110
     249801014                           0.5           10/1/2005              50048.01             48500.64          Cash Out Refinance        124
     249802271                           0.5           11/1/2005              37213.78             29408.35          Cash Out Refinance        124
     249802655                           0.5           11/1/2005                130500            126796.54          Rate/Term Refinance       124
     249818257                           0.5           11/8/2005                 73000             72251.77          Cash Out Refinance        110
     249818417                           0.5           12/1/2005                150000            149632.05          Cash Out Refinance        117
     250700062                             0          10/15/2005                104500            104199.08          Purchase                  124
     250800095                           0.5          11/15/2005                227205            226071.09          Cash Out Refinance        124
     250800126                             0           11/1/2005                208080               208080          Rate/Term Refinance       124
     250800144                             0          11/15/2005                133600               133600          Purchase                  153
     250800197                             0           10/1/2005             193591.75            193591.74          Cash Out Refinance        124
     250800212                             0           10/1/2005                282800               282800          Cash Out Refinance        124
     250800213                             0           11/1/2005                 51200              51044.3          Cash Out Refinance        124
     250800216                             0           11/1/2005                205632            204598.16          Purchase                  124
     250800222                             0           11/1/2005                109650            109156.26          Cash Out Refinance        124
     250800256                             0           11/1/2005                 76800             76516.35          Purchase                  124
     250800271                             0          11/15/2005                359040            359039.99          Purchase                  153
     250800274                             0          10/15/2005                315000            314204.53          Cash Out Refinance        124
     250800277                             0           11/1/2005                426000             424710.7          Cash Out Refinance        124
     250800285                             0           11/1/2005                249000            248253.59          Cash Out Refinance        124
     250800289                             0          11/15/2005             294716.25            293917.08          Rate/Term Refinance       124
     250800290                             0           11/1/2005                264000            263538.11          Cash Out Refinance        124
     250800299                             0           11/1/2005                245140            244237.67          Cash Out Refinance        124
     250800307                           0.5          11/15/2005                123300            123093.58          Cash Out Refinance        124
     250800318                             0           11/1/2005                155200            154725.58          Purchase                  124
     250800346                             0           10/1/2005                240000            239542.38          Cash Out Refinance        124
     250800357                           0.5           11/1/2005                390000            389081.74          Cash Out Refinance        124
     250800361                           0.5           11/1/2005                261120               261120          Rate/Term Refinance       124
     250800375                             0           11/1/2005                126350            126137.01          Cash Out Refinance        124
     250800419                           0.5           11/1/2005                266000            265309.04          Purchase                  124
     250800424                           0.5          11/15/2005               99387.2             99298.22          Purchase                  124
     250800437                           0.5          11/15/2005                170400            170088.06          Purchase                  124
     250800441                           0.5           11/1/2005                285600            285199.58          Cash Out Refinance        124
     250800450                           0.5           11/1/2005                225000            224713.58          Cash Out Refinance        124
     250800466                           0.5           11/1/2005                366000               366000          Purchase                  124
     250800471                           0.5           11/1/2005                115360            115206.23          Cash Out Refinance        124
     250800490                           0.5           11/1/2005                199960               199760          Purchase                  124
     250800528                           0.5          11/15/2005                 39980             39963.76          Purchase                  110
     250800547                           0.5           11/1/2005                 24200             24169.55          Cash Out Refinance        110
     250900887                             0           12/1/2005                173380            172472.04          Cash Out Refinance        124
     250900895                             0          10/15/2005                 94500             94237.99          Purchase                  124
     250900900                             0          11/15/2005                223200               223200          Purchase                  124
     250900921                             0           9/15/2005                105000            104700.08          Cash Out Refinance        124
     250900923                             0          10/15/2005                294400            293600.27          Cash Out Refinance        124
     250900952                             0           10/1/2005                101700            101463.36          Purchase                  124
     250900954                             0           10/1/2005                189150            188588.81          Cash Out Refinance        153
     250900957                             0           11/1/2005                412250            410912.94          Purchase                  124
     250900976                             0           9/15/2005                208000            207519.86          Purchase                  124
     250901010                           0.5           10/1/2005                 50090             50020.48          Cash Out Refinance        124
     250901041                           0.5           12/1/2005                212500            212083.88          Cash Out Refinance        124
     250901058                           0.5           11/1/2005                 38000                37983          Cash Out Refinance        110
     250901067                           0.5          11/15/2005                 65200             65179.83          Purchase                  110
     251100651                             0           11/1/2005                224032               224032          Purchase                  124
     251100682                             0           11/1/2005                 87500             87371.97          Cash Out Refinance        110
     251100693                             0           10/1/2005                312300            312299.99          Cash Out Refinance        124
     251100698                             0           11/1/2005                400000            398518.86          Purchase                  124
     251100703                             0           10/1/2005                333157               333157          Cash Out Refinance        124
     251100706                             0           11/1/2005                506400               506400          Cash Out Refinance        124
     251100714                             0           11/1/2005                472000               472000          Purchase                  124
     251100715                             0           11/1/2005                351500            351499.99          Cash Out Refinance        124
     251100729                             0           11/1/2005                270000               270000          Purchase                  124
     251100731                           0.5           11/1/2005                400000            398822.09          Purchase                  124
     251100747                             0           11/1/2005                218400               218379          Purchase                  124
     251100764                           0.5           12/1/2005                265500               265500          Purchase                  124
     251100772                           0.5           11/1/2005                395000            394311.22          Cash Out Refinance        124
     251100783                           0.5           12/1/2005                174400            174020.79          Purchase                  110
     251100786                           0.5           12/1/2005                 43600             43541.53          Purchase                  115
     251100829                           0.5           11/1/2005                220800            220359.28          Purchase                  124
     251100843                           0.5           11/1/2005                502400               502400          Purchase                  124
     251100844                           0.5           11/1/2005                 80000             79964.98          Purchase                  115
     251100861                           0.5           11/1/2005                 67736             67707.59          Cash Out Refinance        115
     251100872                           0.5           12/1/2005                 89600             89548.44          Purchase                  110
     251100893                           0.5           11/1/2005                230400            230143.03          Purchase                  124
     251201053                             0           11/1/2005                117000            116678.93          Cash Out Refinance        124
     251201103                             0           11/1/2005                 64890             64682.02          Purchase                  124
     251201124                             0           11/1/2005                225000            224234.99          Cash Out Refinance        124
     251201196                           0.5          11/15/2005                104490             104317.5          Purchase                  124
     251201206                           0.5           11/1/2005                 90000             89884.81          Purchase                  124
     251301254                             0           10/1/2005                119483            119060.09          Cash Out Refinance        124
     251301301                             0           11/1/2005                 57680             57520.41          Purchase                  124
     251301305                             0           11/1/2005                 76800             76645.43          Purchase                  124
     251301315                             0          10/15/2005                209700            209201.36          Rate/Term Refinance       124
     251301331                             0          10/15/2005                 87200             87055.72          Purchase                  124
     251400937                             0          10/15/2005                 73645             72723.91          Purchase                  153
     251400972                             0           11/1/2005                119920            119491.21          Purchase                  124
     251401004                             0          11/15/2005                207200            206513.31          Purchase                  153
     251401008                             0           11/1/2005                 84600              84195.9          Cash Out Refinance        153
     251401040                           0.5           12/1/2005                198970            198148.39          Rate/Term Refinance       153
     251401062                             0           11/1/2005                128250            127895.24          Cash Out Refinance        124
     251401093                             0           11/1/2005                264000            263838.32          Cash Out Refinance        153
     251401143                           0.5          11/15/2005                 61800             61719.48          Cash Out Refinance        153
     251401148                           0.5          11/15/2005                212000            211608.13          Purchase                  124
     251401183                           0.5          11/15/2005                 37600              37581.5          Cash Out Refinance        110
     251401198                           0.5           11/1/2005                234000            233732.52          Cash Out Refinance        124
     251401234                           0.5           12/1/2005                 50400             50376.73          Cash Out Refinance        110
     251500889                           0.5          11/15/2005                171000            169851.87          Rate/Term Refinance       153
     251500916                             0          11/15/2005                 94760             94397.22          Purchase                  153
     251500941                             0          10/15/2005                152440            151701.19          Cash Out Refinance        110
     251500947                             0           11/1/2005                230744            230573.99          Purchase                  153
     251500956                             0           11/1/2005                171801            171121.61          Purchase                  153
     251500982                             0           11/1/2005                155000            154542.88          Cash Out Refinance        153
     251501002                             0           11/1/2005                111350            111054.15          Purchase                  153
     251501028                             0           11/1/2005                 72000                72000          Purchase                  153
     251501032                             0           11/1/2005                 86000             85707.06          Purchase                  153
     251501044                             0           11/1/2005                130290            130006.71          Purchase                  153
     251501047                           0.5           12/1/2005                 92000             91675.51          Purchase                  110
     251501065                           0.5           11/1/2005                185141            184608.37          Rate/Term Refinance       153
     251501070                           0.5           12/1/2005                 70000             69916.47          Cash Out Refinance        124
     251501086                           0.5           11/1/2005                264164            263276.12          Cash Out Refinance        153
     251501135                           0.5           11/1/2005                247200               247200          Cash Out Refinance        153
     251501162                           0.5          11/15/2005                 31742             31726.38          Purchase                  110
     251501165                           0.5           11/1/2005                 68652             68534.61          Purchase                  153
     251501197                           0.5          11/15/2005                168000               167824          Purchase                  124
     251501199                           0.5          11/15/2005                 51700             51680.74          Purchase                  110
     251600978                             0           11/1/2005                 82620              82167.4          Purchase                  153
     251601038                             0          10/15/2005                127040            126399.79          Purchase                  153
     251601169                             0           11/1/2005                134400            133831.69          Purchase                  153
     251601213                             0           11/1/2005                 23400             23306.47          Cash Out Refinance        110
     251601218                             0           9/15/2005                420160            419299.92          Cash Out Refinance        153
     251601284                           0.5          11/15/2005                200232            199851.02          Purchase                  153
     251601290                           0.5           12/1/2005                109888            109553.25          Purchase                  153
     251601321                           0.5           12/1/2005                180000            179703.46          Cash Out Refinance        110
     251601351                           0.5          11/15/2005                100800            100707.08          Purchase                  153
     251601352                           0.5           11/8/2005                 25200              25170.1          Purchase                  110
     251601362                           0.5           11/1/2005                232000               232000          Purchase                  153
     251601373                           0.5           11/1/2005                300000            299997.51          Cash Out Refinance        153
     251601388                           0.5          11/15/2005                110400            110287.97          Purchase                  153
     251601389                           0.5           11/8/2005                 27600             27519.65          Purchase                  110
     252004760                             0           11/1/2005                135000            134499.04          Cash Out Refinance        124
     252004802                             0           11/1/2005                100579             100363.1          Rate/Term Refinance       124
     252004856                             0           11/1/2005                139520            139092.67          Purchase                  153
     252004868                             0          10/15/2005                103300            103125.85          Purchase                  153
     252004887                             0           10/1/2005                112000             111788.6          Cash Out Refinance        153
     252004960                           0.5          11/15/2005                 75510             75427.03          Purchase                  124
     252005002                           0.5           11/1/2005                 82000             81900.09          Cash Out Refinance        153
     252005034                           0.5           11/1/2005                153000            152805.38          Cash Out Refinance        124
     252005046                           0.5           11/1/2005                245000            244686.46          Cash Out Refinance        124
     252005053                           0.5          12/15/2005                235000            234814.84          Purchase                  124
     252005082                           0.5           11/9/2005                 33000             32986.01          Purchase                  110
     252005096                           0.5           11/1/2005                 25000             24991.46          Cash Out Refinance        110
     252005109                           0.5           12/1/2005                 31800             31785.16          Cash Out Refinance        110
     252005137                           0.5           11/1/2005                 56700             56674.86          Purchase                  124
     252205402                             0           10/1/2005                 54980             54846.83          Cash Out Refinance        124
     252205571                             0           11/1/2005                177078            172554.06          Cash Out Refinance        124
     252205656                             0           11/1/2005               95161.5             94892.14          Cash Out Refinance        124
     252205925                             0           11/1/2005                 52500             52403.88          Cash Out Refinance        124
     252206168                             0           11/1/2005              309886.5            309289.58          Cash Out Refinance        120
     252206194                             0           10/1/2005                 90100              89879.1          Cash Out Refinance        120
     252206225                             0           11/1/2005                138750             138390.1          Purchase                  124
     252206278                             0          10/15/2005                201225            200855.91          Cash Out Refinance        124
     252206356                             0           10/1/2005                155550            155190.94          Cash Out Refinance        124
     252206398                             0          10/15/2005                 90000             89919.87          Cash Out Refinance        124
     252206601                           0.5           11/1/2005                 71286             71219.21          Cash Out Refinance        124
     252402166                             0           11/1/2005                210000            206594.16          Cash Out Refinance        110
     252405038                             0           11/1/2005                170300            169634.26          Cash Out Refinance        124
     252405039                             0           10/1/2005                256500            255921.87          Purchase                  124
     252405092                             0          11/13/2005                 27000             26875.94          Cash Out Refinance        110
     252405120                             0           10/1/2005                311000            309940.44          Cash Out Refinance        124
     252405199                             0          10/15/2005                106300            106034.11          Cash Out Refinance        124
     252405263                             0           9/15/2005                200000            199593.36          Cash Out Refinance        124
     252405272                             0           11/1/2005               51513.6              51421.1          Cash Out Refinance        153
     252405280                             0          10/15/2005                 25000             24921.25          Cash Out Refinance        110
     252405303                             0           11/1/2005                156750            156561.75          Cash Out Refinance        110
     252405313                             0          10/15/2005                182000            181754.44          Cash Out Refinance        124
     252405353                             0           11/1/2005                108125            107951.95          Rate/Term Refinance       124
     252405394                             0          11/15/2005                199500            199025.47          Cash Out Refinance        124
     252405412                             0           10/1/2005              169852.5            169534.32          Rate/Term Refinance       124
     252405454                             0           11/1/2005                 35000             34910.72          Cash Out Refinance        110
     252405458                             0           10/1/2005                341960            341000.15          Cash Out Refinance        124
     252405512                             0           11/8/2005                 56550             56462.36          Cash Out Refinance        110
     252405569                             0           10/1/2005                 48000             47768.69          Cash Out Refinance        110
     252405602                             0           10/1/2005                 48000             47934.24          Cash Out Refinance        124
     252405626                             0          10/15/2005               66431.2             66347.03          Cash Out Refinance        124
     252405628                             0           11/1/2005                291325            290918.24          Cash Out Refinance        124
     252405643                             0           11/1/2005                343500            342710.26          Cash Out Refinance        124
     252405647                             0           11/1/2005                 70000             69826.93          Purchase                  110
     252405659                           0.5          11/15/2005                112000             111849.2          Cash Out Refinance        124
     252405679                           0.5           11/1/2005                175500            175178.72          Cash Out Refinance        124
     252405705                           0.5          11/15/2005                166250            166067.32          Cash Out Refinance        110
     252405711                           0.5          11/15/2005                380058            379331.55          Cash Out Refinance        124
     252405755                           0.5          11/15/2005                403750            403234.28          Cash Out Refinance        124
     252405768                           0.5           11/1/2005                 69000              68877.3          Cash Out Refinance        124
     252405964                           0.5           11/1/2005               81862.5             81829.61          Cash Out Refinance        124
     252505413                             0           11/1/2005                226000             225094.5          Purchase                  124
     252505561                             0           11/1/2005                270000             269311.1          Cash Out Refinance        124
     252505614                             0           11/1/2005                176000            175459.27          Cash Out Refinance        124
     252505651                             0          11/15/2005                 51000             50926.09          Purchase                  124
     252505665                             0           11/1/2005               54493.5             54158.14          Rate/Term Refinance       110
     252505667                             0          11/15/2005                 77700             77519.21          Cash Out Refinance        124
     252505688                             0           11/1/2005                104000            102985.82          Cash Out Refinance        124
     252505751                             0           11/1/2005                125000            124610.25          Cash Out Refinance        124
     252505803                             0           11/1/2005                 61000             60875.12          Rate/Term Refinance       124
     252505818                           0.5          11/15/2005                 50000             49933.35          Cash Out Refinance        124
     252505825                             0          11/15/2005                106250            105971.41          Cash Out Refinance        124
     252505832                             0           11/1/2005                104500            104287.81          Rate/Term Refinance       124
     252505833                             0           10/1/2005             183067.47            182507.86          Rate/Term Refinance       124
     252505926                             0          11/15/2005                136800             136608.2          Cash Out Refinance        124
     252505944                             0          10/15/2005                170100            169814.78          Cash Out Refinance        124
     252505947                             0           11/8/2005                104800            104668.59          Cash Out Refinance        110
     252505948                             0          10/15/2005                104637            104529.22          Cash Out Refinance        124
     252505949                             0          11/15/2005                 65000             64907.01          Cash Out Refinance        124
     252505955                           0.5           11/1/2005                113000            112858.31          Cash Out Refinance        124
     252505965                           0.5           11/5/2005                119000            118269.67          Cash Out Refinance        110
     252505978                             0          11/15/2005                227000             226568.1          Cash Out Refinance        124
     252505986                             0           11/1/2005              165323.1            165029.67          Cash Out Refinance        110
     252505991                             0          10/15/2005                575000            573977.62          Cash Out Refinance        153
     252506001                             0          10/15/2005                380400            379762.13          Cash Out Refinance        124
     252506011                           0.5          11/15/2005                 57000             56926.29          Cash Out Refinance        124
     252506020                           0.5           11/1/2005                110000            109805.49          Cash Out Refinance        110
     252506124                           0.5           11/1/2005                118800            118604.27          Cash Out Refinance        124
     252506173                           0.5           12/1/2005               80019.4             79899.16          Cash Out Refinance        124
     252506180                           0.5           12/1/2005                143000            142799.51          Cash Out Refinance        124
     252607132                             0           10/1/2005                 50000             49816.93          Cash Out Refinance        124
     252707582                             0          11/12/2005                191750            190761.26          Cash Out Refinance        110
     252707782                             0           10/1/2005                 52490             52292.76          Cash Out Refinance        124
     252707984                             0           10/1/2005              163058.4            162502.89          Cash Out Refinance        124
     252708030                             0           11/1/2005             134377.65            133927.96          Rate/Term Refinance       124
     252708083                             0          11/15/2005              137638.9            137267.19          Cash Out Refinance        124
     252708333                             0           9/15/2005                114540             114273.5          Cash Out Refinance        120
     252708350                             0          10/15/2005                605500            603987.18          Rate/Term Refinance       124
     252708421                             0           11/1/2005                 60000             59177.25          Cash Out Refinance        110
     252708476                             0           11/1/2005                 54000             53786.13          Rate/Term Refinance       124
     252708675                             0           9/15/2005               72666.5             72552.61          Cash Out Refinance        120
     252708690                             0          11/15/2005                178000            177466.58          Cash Out Refinance        153
     252708818                             0           11/1/2005               80536.1             79887.03          Rate/Term Refinance       110
     252708921                             0           10/1/2005                364000            362958.43          Cash Out Refinance        124
     252708927                             0           10/1/2005                428925             428135.1          Cash Out Refinance        124
     252708933                             0          10/15/2005                188100            187579.95          Cash Out Refinance        124
     252708938                             0          10/15/2005                120000            119804.68          Rate/Term Refinance       110
     252709034                             0           10/8/2005                 59400             59023.76          Cash Out Refinance        110
     252709055                             0           11/1/2005               75313.5             75126.84          Rate/Term Refinance       110
     252709086                             0           10/1/2005               69246.9             69109.38          Cash Out Refinance        110
     252709130                             0           11/9/2005                 76800             76673.47          Cash Out Refinance        110
     252709134                             0           11/1/2005               56699.1             56580.66          Cash Out Refinance        110
     252709146                             0           11/1/2005                306000            305124.41          Cash Out Refinance        124
     252709184                           0.5           11/1/2005                140000            139876.93          Cash Out Refinance        124
     252709215                           0.5           11/1/2005                 79800             79712.49          Cash Out Refinance        124
     252709352                           0.5           11/1/2005                250000            249524.33          Cash Out Refinance        153
     252709358                           0.5           12/1/2005                169000            168887.69          Cash Out Refinance        124
     252808305                             0           11/1/2005               52318.5             52200.56          Cash Out Refinance        124
     252808311                             0           9/14/2005               42400.8             42347.79          Cash Out Refinance        115
     252808444                             0          11/15/2005                120000            119654.45          Cash Out Refinance        124
     252808455                             0           11/1/2005                 72000             71742.59          Cash Out Refinance        124
     252808550                             0           11/1/2005                124000            123411.99          Cash Out Refinance        124
     252808710                             0           11/1/2005                 30859             30565.83          Cash Out Refinance        110
     252808831                             0            9/1/2005               74376.3             74211.59          Cash Out Refinance        124
     252808920                             0           9/15/2005               52184.2             52147.62          Cash Out Refinance        124
     252808973                             0           10/1/2005                 53200             53047.88          Cash Out Refinance        124
     252808975                             0          10/15/2005                183350            181805.22          Cash Out Refinance        110
     252808993                             0           11/1/2005                120000            119764.11          Cash Out Refinance        124
     252808998                           0.5           11/1/2005                 95000             94857.21          Cash Out Refinance        110
     252809011                             0           11/1/2005                 74400             74247.71          Cash Out Refinance        124
     252809030                           0.5           11/1/2005                 35000             34971.44          Cash Out Refinance        124
     252809049                             0           11/1/2005               95014.5              93472.1          Rate/Term Refinance       110
     252809056                             0          11/15/2005                135250             135119.2          Cash Out Refinance        124
     252809068                             0          10/15/2005                 70000              69866.8          Cash Out Refinance        124
     252809080                             0           11/1/2005                122400            122184.96          Cash Out Refinance        124
     252809085                           0.5           10/1/2005               73246.8             73037.19          Cash Out Refinance        124
     252809170                           0.5          10/15/2005                 25000             24985.61          Cash Out Refinance        110
     252809175                             0           11/1/2005                101000            100776.68          Cash Out Refinance        124
     252809178                             0           11/1/2005              72239.05             72118.53          Rate/Term Refinance       124
     252809191                             0           11/1/2005               65152.8             65050.68          Cash Out Refinance        110
     252809209                             0           12/1/2005                 50000             49910.36          Cash Out Refinance        124
     252809216                             0           12/1/2005               61146.9             61019.18          Cash Out Refinance        124
     252809251                           0.5          11/15/2005                 61600             61549.26          Cash Out Refinance        124
     252809315                           0.5          11/15/2005                 50000             49947.96          Cash Out Refinance        124
     252809316                           0.5           12/1/2005                140000            139196.52          Cash Out Refinance        124
     252809323                           0.5          11/15/2005                 50000             49947.96          Cash Out Refinance        124
     252809366                           0.5           11/1/2005                100000             99817.97          Cash Out Refinance        124
     252809451                           0.5          11/15/2005                 70000             69964.46          Cash Out Refinance        124
     253004528                             0           10/1/2005                201000            200221.96          Rate/Term Refinance       124
     253004530                             0           11/1/2005                 96000             95709.42          Cash Out Refinance        124
     253004689                             0           11/1/2005               53003.8              52823.2          Rate/Term Refinance       124
     253004723                             0           11/1/2005                 94500             93246.74          Cash Out Refinance        110
     253004757                             0           11/1/2005                108000            107588.57          Cash Out Refinance        124
     253004911                             0           11/1/2005              471812.5            469409.39          Cash Out Refinance        124
     253005024                             0           11/1/2005                 40000             39928.14          Cash Out Refinance        110
     253005093                             0           11/1/2005                140400            140106.73          Cash Out Refinance        124
     253005113                             0          10/15/2005                171931            171571.89          Cash Out Refinance        124
     253005171                             0           11/1/2005                178000            177589.11          Rate/Term Refinance       124
     253005176                             0           11/6/2005                 74400             74262.42          Cash Out Refinance        110
     253005198                             0           11/1/2005                107200            106893.25          Cash Out Refinance        124
     253005261                             0          10/13/2005                 38360             38212.84          Cash Out Refinance        110
     253005289                             0          11/15/2005                272000            271353.92          Cash Out Refinance        124
     253005338                             0           11/1/2005                136800            136460.96          Cash Out Refinance        110
     253005379                             0           11/1/2005                293400            292597.62          Cash Out Refinance        124
     253005409                             0           11/1/2005                 42400             42343.85          Cash Out Refinance        110
     253005434                             0           11/1/2005                270000            269440.59          Purchase                  124
     253005439                             0           11/1/2005                133087            132860.33          Rate/Term Refinance       110
     253005512                             0          10/15/2005                160800            160494.05          Cash Out Refinance        124
     253005530                             0           11/1/2005               89078.2             88910.08          Cash Out Refinance        110
     253005590                             0           11/1/2005              200046.6            199657.33          Rate/Term Refinance       124
     253005594                           0.5          11/15/2005                 25000             24964.71          Cash Out Refinance        110
     253005609                           0.5          11/15/2005                215600            215104.39          Cash Out Refinance        124
     253005660                           0.5           11/1/2005                116000            115779.28          Cash Out Refinance        124
     253005861                           0.5           11/1/2005                212000            211816.79          Cash Out Refinance        124
     253006075                           0.5          11/14/2005                 37800             37786.66          Cash Out Refinance        110
     253104391                           0.5           11/1/2005               69722.1             69498.46          Cash Out Refinance        110
     253203467                           0.5          11/15/2005               87199.8             86374.83          Rate/Term Refinance       110
     253203661                             0           11/1/2005                 81441             81100.84          Rate/Term Refinance       124
     253203935                             0           10/1/2005                167480            166849.45          Rate/Term Refinance       124
     253203946                             0          10/15/2005                132000            131531.87          Rate/Term Refinance       124
     253204088                             0           11/1/2005                 33000             32778.91          Cash Out Refinance        110
     253204222                             0           11/1/2005                190000            189490.07          Cash Out Refinance        124
     253204300                             0           11/1/2005                127800            127446.85          Cash Out Refinance        124
     253204309                             0           11/1/2005                 72000             71880.23          Cash Out Refinance        115
     253204427                             0           11/1/2005               67537.1             67414.73          Cash Out Refinance        110
     253204450                             0          11/10/2005                 41600             41336.49          Cash Out Refinance        110
     253204611                             0          11/15/2005                232000            231558.58          Cash Out Refinance        124
     253204715                           0.5           11/1/2005                230000             229562.4          Cash Out Refinance        153
     253204754                           0.5           11/1/2005              245200.2            244733.65          Cash Out Refinance        153
     253204926                           0.5           11/1/2005                 32200             32190.47          Cash Out Refinance        110
     253303578                             0           11/1/2005                315000            313997.73          Cash Out Refinance        124
     253303642                             0           11/1/2005                170000            169538.21          Cash Out Refinance        124
     253303651                             0          10/15/2005                 37700              37554.4          Cash Out Refinance        110
     253303652                             0          11/15/2005                246000            245319.51          Cash Out Refinance        124
     253303702                             0           11/1/2005                 35000              34589.4          Cash Out Refinance        110
     253303818                             0          11/15/2005                 46000             45829.26          Cash Out Refinance        110
     253303846                             0           11/1/2005                 50000             49850.16          Cash Out Refinance        124
     253303959                             0          10/15/2005                270000            269733.33          Cash Out Refinance        124
     253304063                             0           11/1/2005                125000            124642.31          Cash Out Refinance        124
     253304133                             0           11/1/2005                327250            326559.57          Cash Out Refinance        124
     253304149                           0.5           11/1/2005                 50000             49915.34          Cash Out Refinance        124
     253304188                           0.5          11/15/2005              141058.5             140913.2          Cash Out Refinance        124
     253304194                           0.5           11/1/2005                105000            104894.09          Cash Out Refinance        124
     253304269                           0.5           12/1/2005                190000            189638.48          Cash Out Refinance        124
     253304320                           0.5          11/15/2005                 80750             80676.72          Cash Out Refinance        124
     253304423                           0.5           11/1/2005                331000            330553.42          Cash Out Refinance        124
     253304467                           0.5          11/15/2005                190000            189765.08          Rate/Term Refinance       153
     253401444                           0.5           10/1/2005                 21000             20809.13          Cash Out Refinance        Fixed Rate
     253402434                             0           11/1/2005                114000            113594.73          Cash Out Refinance        153
     253402476                             0           11/1/2005                 69700             69269.78          Rate/Term Refinance       110
     253402667                             0           11/1/2005                389500            388273.08          Cash Out Refinance        153
     253402773                             0          10/15/2005              159011.4               158856          Cash Out Refinance        124
     253402776                             0           11/1/2005                141000            140614.21          Rate/Term Refinance       124
     253402849                             0           11/1/2005                201225            200751.22          Cash Out Refinance        110
     253402855                             0           11/1/2005                199750            199265.53          Cash Out Refinance        124
     253402864                             0          10/15/2005                148500             148313.8          Cash Out Refinance        124
     253402898                           0.5          11/15/2005                163200             163048.7          Cash Out Refinance        124
     253402905                           0.5           11/1/2005              118519.3             118430.8          Rate/Term Refinance       124
     253402918                             0           11/1/2005                 51300             51212.62          Cash Out Refinance        124
     253503284                             0           11/1/2005                 84800             84675.91          Cash Out Refinance        115
     253503476                             0          12/15/2005               59562.6             59322.12          Cash Out Refinance        120
     253503546                             0          10/15/2005                131000            130114.91          Cash Out Refinance        124
     253503827                             0          10/15/2005                101000            100805.73          Purchase                  124
     253504024                             0           10/1/2005                313200            312372.27          Cash Out Refinance        124
     253504036                             0           11/1/2005                458000            456810.34          Cash Out Refinance        124
     253504206                           0.5           12/1/2005              124558.5            124321.51          Cash Out Refinance        124
     253504251                           0.5           12/1/2005                392999            392606.74          Cash Out Refinance        124
     253603332                             0           9/15/2005                 35000             34935.44          Cash Out Refinance        124
     253603370                             0           11/1/2005                 40000             39137.59          Cash Out Refinance        124
     253603384                             0           11/1/2005                 83000             82700.29          Purchase                  124
     253603491                             0           11/1/2005                 50000             49821.16          Cash Out Refinance        124
     253603508                             0           11/1/2005                 50000                49915          Cash Out Refinance        124
     253603544                             0           11/1/2005                 60800             60631.82          Cash Out Refinance        124
     253603779                             0          10/15/2005                 50000             49901.77          Cash Out Refinance        124
     253603784                             0           11/1/2005                 54400             54319.07          Cash Out Refinance        124
     253603811                             0           11/1/2005                107250            107122.65          Cash Out Refinance        124
     253603841                             0           11/1/2005                159200            158893.34          Cash Out Refinance        110
     253603863                             0          10/15/2005                 90300             90076.51          Cash Out Refinance        124
     253603871                             0           11/8/2005                 65000             64355.44          Cash Out Refinance        110
     253603898                           0.5            2/1/2006                 50000              49930.6          Cash Out Refinance        124
     253603922                           0.5          10/15/2005                 62000             61949.75          Cash Out Refinance        124
     253603965                           0.5           11/1/2005                 90000              89892.2          Cash Out Refinance        124
     253603974                           0.5          10/15/2005                 86250             86148.31          Cash Out Refinance        124
     253604021                           0.5          11/15/2005                 80000             79873.54          Cash Out Refinance        124
     253604091                           0.5           11/1/2005                 50000             49907.98          Cash Out Refinance        124
     253604107                           0.5           12/1/2005                 50000             49955.57          Cash Out Refinance        124
     253604119                           0.5           11/1/2005                 69600             69540.73          Cash Out Refinance        124
     253604151                           0.5          11/15/2005                 75000             74965.01          Cash Out Refinance        124
     253704663                             0          10/15/2005                230000            228175.36          Cash Out Refinance        124
     253705301                             0          10/15/2005                 50000             49935.14          Cash Out Refinance        110
     253705354                             0           11/1/2005                 56000             55876.53          Cash Out Refinance        115
     253705381                             0          12/14/2005                 35000             34939.76          Cash Out Refinance        115
     253705524                             0           11/1/2005                 58380             58282.77          Cash Out Refinance        110
     253705575                             0           11/1/2005              375301.1            374057.32          Cash Out Refinance        124
     253705590                             0           10/7/2005                118000            117850.28          Cash Out Refinance        115
     253705654                             0           12/1/2005                 31000             30786.29          Cash Out Refinance        110
     253705672                             0          10/15/2005                320597            319736.59          Rate/Term Refinance       120
     253705708                             0           11/1/2005                203019            202654.94          Cash Out Refinance        124
     253705723                             0          10/15/2005                311600            310679.18          Cash Out Refinance        124
     253705852                             0           11/1/2005                 83500             83255.57          Cash Out Refinance        115
     253705995                           0.5          11/15/2005                500000            499440.22          Rate/Term Refinance       120
     253706019                           0.5          11/13/2005                 75000             74907.87          Cash Out Refinance        110
     253706029                           0.5          11/15/2005                444548            443948.23          Cash Out Refinance        124
     253706043                             0           11/1/2005                239372            238840.12          Cash Out Refinance        124
     253706061                           0.5          11/15/2005                360195            359779.01          Cash Out Refinance        124
     253706128                           0.5          11/15/2005                242000            241539.56          Cash Out Refinance        124
     253706130                             0           10/1/2005                152931            152513.99          Cash Out Refinance        124
     253706168                           0.5          11/15/2005              397528.5            396861.28          Cash Out Refinance        124
     253706176                           0.5           11/1/2005                241470             241231.5          Cash Out Refinance        124
     253706254                           0.5           11/1/2005                466842            466256.63          Rate/Term Refinance       124
     253706508                           0.5           12/1/2005              277842.5            277616.51          Cash Out Refinance        124
     253804826                             0           11/1/2005                 45500              45110.5          Cash Out Refinance        110
     253804859                             0          10/11/2005                123480             123279.1          Cash Out Refinance        115
     253804930                             0           11/1/2005                145350            144955.97          Rate/Term Refinance       124
     253805045                             0           12/1/2005                 83000             82492.96          Cash Out Refinance        110
     253805091                             0           11/1/2005                635700            633881.02          Cash Out Refinance        124
     253805098                             0           11/1/2005              185504.5            185101.14          Cash Out Refinance        124
     253805116                             0           11/1/2005                155000            154757.06          Cash Out Refinance        124
     253805173                             0          10/15/2005                373000            372385.51          Cash Out Refinance        124
     253805212                           0.5           11/1/2005                 58990             58867.08          Cash Out Refinance        124
     253905227                             0          11/14/2005                 35760             35418.25          Cash Out Refinance        110
     253905726                             0           11/1/2005                380000            378359.24          Cash Out Refinance        124
     253906095                             0          10/14/2005                 56000             55783.97          Cash Out Refinance        110
     253906159                             0           11/1/2005                150000            149610.36          Cash Out Refinance        124
     253906161                             0          10/15/2005                 33400             33292.65          Cash Out Refinance        110
     253906260                             0           10/1/2005                274500            273714.44          Cash Out Refinance        124
     253906311                             0          11/15/2005                324862            324391.19          Cash Out Refinance        124
     253906316                             0          11/15/2005                125000            124762.16          Cash Out Refinance        124
     254006509                             0          10/13/2005                 63600             63258.71          Cash Out Refinance        110
     254006566                             0          11/15/2005                301000            299749.45          Cash Out Refinance        124
     254006629                             0           11/1/2005                 55000             54784.26          Cash Out Refinance        124
     254006706                             0           11/1/2005              320587.5            319495.29          Rate/Term Refinance       124
     254006813                           0.5           11/1/2005              124300.3            124189.62          Rate/Term Refinance       124
     254006816                             0           11/1/2005                177078            176474.68          Cash Out Refinance        124
     254006880                             0          11/15/2005                200000            199614.74          Cash Out Refinance        124
     254007034                             0           11/1/2005                 87500             87257.86          Cash Out Refinance        124
     254007036                             0           11/1/2005                 73600             73268.78          Rate/Term Refinance       124
     254007056                             0           11/1/2005                 18400             18331.68          Cash Out Refinance        110
     254007107                             0          10/15/2005                392000            391254.16          Rate/Term Refinance       124
     254007126                             0           11/1/2005                 67980             67793.04          Cash Out Refinance        110
     254007145                             0           10/1/2005              165651.5            165348.31          Cash Out Refinance        124
     254007182                             0           11/1/2005                198000            197669.67          Cash Out Refinance        124
     254007288                           0.5          10/15/2005                346500            346223.39          Rate/Term Refinance       124
     254007361                           0.5           11/1/2005                107000               106806          Cash Out Refinance        124
     254104528                             0           11/1/2005                265500            262500.97          Cash Out Refinance        124
     254106092                             0           10/1/2005                370000            368941.96          Rate/Term Refinance       124
     254106264                             0          10/15/2005                194000            193550.84          Cash Out Refinance        124
     254106344                             0           10/1/2005                131750            131495.78          Rate/Term Refinance       124
     254106386                             0           10/1/2005              423377.4             421705.9          Rate/Term Refinance       124
     254106471                             0           10/1/2005                 46000             45834.27          Cash Out Refinance        110
     254106543                             0           10/1/2005                 96500             96350.31          Cash Out Refinance        124
     254106553                             0           11/1/2005                 67000             66740.73          Cash Out Refinance        110
     254106747                             0           11/1/2005                550000            549043.74          Cash Out Refinance        124
     254106759                             0           10/1/2005                 55000             54930.93          Cash Out Refinance        124
     254106783                             0          11/15/2005                177000            176708.41          Cash Out Refinance        153
     254106795                             0           11/1/2005                180000            179484.93          Cash Out Refinance        153
     254106817                             0          10/15/2005                260000            259695.03          Cash Out Refinance        124
     254106908                             0          11/15/2005                301000            300427.31          Cash Out Refinance        124
     254106922                             0          10/15/2005                387000            386451.94          Cash Out Refinance        124
     254107001                           0.5          11/15/2005                220000            219597.26          Cash Out Refinance        124
     254107065                           0.5           11/1/2005                305862            305358.11          Cash Out Refinance        124
     254107079                           0.5          10/15/2005                117000            116941.22          Purchase                  124
     254107085                           0.5           12/1/2005                255000            254514.82          Cash Out Refinance        124
     254205357                             0           10/1/2005                 50000             49915.81          Cash Out Refinance        110
     254205584                             0           11/1/2005                523185            522158.62          Cash Out Refinance        124
     254205672                           0.5           11/1/2005                135000            134895.46          Cash Out Refinance        124
     254205675                             0           11/1/2005              152434.8            152043.57          Cash Out Refinance        110
     254205682                           0.5           11/1/2005                135000            134048.73          Cash Out Refinance        124
     254205714                           0.5           11/1/2005                172250            171837.18          Cash Out Refinance        124
     254205739                           0.5          11/15/2005                244323            244037.89          Cash Out Refinance        124
     254205800                           0.5           12/1/2005                248750            248476.66          Cash Out Refinance        124
     254205977                           0.5           11/1/2005                468000               468000          Rate/Term Refinance       124
     254507692                             0          11/15/2005              311183.6            309493.46          Cash Out Refinance        124
     254507730                             0           11/1/2005                 35000             34770.34          Cash Out Refinance        110
     254507798                             0           9/15/2005                188725            188291.46          Cash Out Refinance        124
     254508591                             0           11/1/2005                145000            144686.13          Rate/Term Refinance       124
     254508653                             0           12/1/2005                 40000             36858.76          Cash Out Refinance        110
     254508701                           0.5           11/1/2005                213750            213553.94          Cash Out Refinance        124
     254508741                             0           11/1/2005                241470            241146.17          Cash Out Refinance        124
     254508744                             0           11/1/2005              203602.5             203097.1          Cash Out Refinance        124
     254508786                             0           11/1/2005                 94050             93843.53          Cash Out Refinance        110
     254508819                             0           11/1/2005                142000            141662.34          Cash Out Refinance        124
     254508846                             0           11/1/2005                100000             99713.85          Cash Out Refinance        124
     254508891                             0           11/1/2005                 77000             76922.12          Cash Out Refinance        115
     254508918                           0.5          11/15/2005                246715            246447.15          Cash Out Refinance        124
     254508995                           0.5          11/12/2005                 52000             51982.63          Cash Out Refinance        110
     254509008                             0          10/15/2005                145000            144734.56          Cash Out Refinance        124
     254509049                           0.5           11/1/2005                 72500             72380.79          Cash Out Refinance        124
     254509055                           0.5          11/15/2005                140000            139927.42          Cash Out Refinance        124
     254509109                           0.5           12/1/2005              115262.4            115139.79          Cash Out Refinance        124
     254509147                           0.5           11/1/2005                 52250             52228.55          Cash Out Refinance        124
     254509158                           0.5           11/1/2005                188725            188365.91          Cash Out Refinance        124
     254509195                           0.5           12/1/2005                 70200             70176.42          Cash Out Refinance        110
     254509259                           0.5           11/1/2005                407646            407165.39          Cash Out Refinance        124
     254509273                           0.5           11/1/2005                 96150              96119.6          Cash Out Refinance        110
     254509306                           0.5           12/1/2005                 60000             59968.56          Cash Out Refinance        124
     254607022                             0          11/15/2005                267741            266716.84          Cash Out Refinance        124
     254607120                             0           10/1/2005                 53800             53521.08          Rate/Term Refinance       110
     254607148                             0           11/1/2005              257082.5            256332.09          Cash Out Refinance        124
     254607240                             0           10/1/2005                 81650              81495.9          Cash Out Refinance        124
     254607377                             0           12/1/2005                 50000              49910.4          Cash Out Refinance        110
     254607394                             0           11/1/2005                226950            226371.87          Cash Out Refinance        124
     254607409                             0           11/1/2005                120735            120477.68          Cash Out Refinance        124
     254607428                             0           11/1/2005              337685.5            336504.76          Cash Out Refinance        124
     254607440                             0           11/1/2005                 50000             49807.37          Cash Out Refinance        110
     254607565                             0           11/1/2005                432000            430928.33          Cash Out Refinance        110
     254607591                             0          10/15/2005                221520            221348.04          Cash Out Refinance        124
     254607636                             0           11/5/2005                111500            111333.62          Cash Out Refinance        110
     254607651                             0           12/1/2005              347089.4               346609          Cash Out Refinance        124
     254607690                           0.5           11/1/2005                 58900             58867.82          Cash Out Refinance        110
     254607705                           0.5          11/15/2005                437500            437019.25          Cash Out Refinance        124
     254706068                             0          10/14/2005                 35000             34946.59          Cash Out Refinance        115
     254706292                             0           11/1/2005                 32400             32345.89          Purchase                  115
     254706338                             0           10/1/2005                237500            236887.93          Cash Out Refinance        124
     254706413                             0          10/15/2005                130950            130712.76          Cash Out Refinance        124
     254706453                             0          11/15/2005                169029            168789.42          Cash Out Refinance        124
     254706454                           0.5           11/9/2005                 40000             39960.06          Cash Out Refinance        110
     254706506                             0           11/1/2005                334813            333854.95          Cash Out Refinance        124
     254706570                             0           11/1/2005                178000            176917.07          Cash Out Refinance        110
     254706585                             0          10/15/2005                248700            248226.81          Cash Out Refinance        124
     254706601                             0           10/1/2005                136833            136649.48          Cash Out Refinance        124
     254706621                           0.5          11/15/2005                271250             270733.9          Cash Out Refinance        124
     254706637                             0           11/3/2005              164199.6            163969.39          Cash Out Refinance        110
     254706648                           0.5          11/15/2005                 65000             64711.39          Cash Out Refinance        124
     254706662                           0.5          11/15/2005                347000             346339.5          Cash Out Refinance        124
     254706670                           0.5          11/15/2005                145320            145043.49          Cash Out Refinance        124
     254706754                           0.5           11/1/2005                155000            154705.08          Cash Out Refinance        124
     254706829                           0.5           11/1/2005              286391.5            285846.59          Cash Out Refinance        153
     254808619                             0          12/15/2005                 35000             34196.06          Cash Out Refinance        124
     254809462                             0           11/1/2005                102570            102401.22          Cash Out Refinance        124
     254809668                             0           11/1/2005                 65250             65182.53          Cash Out Refinance        110
     254809798                             0           11/1/2005                 52000             51936.63          Cash Out Refinance        124
     254809813                             0           11/1/2005                 53000             52936.93          Cash Out Refinance        110
     254809819                           0.5           12/1/2005                 60000             59937.99          Cash Out Refinance        110
     254809837                             0           11/1/2005                 81600             81450.01          Cash Out Refinance        124
     254809841                             0           11/1/2005                 77350             77278.33          Cash Out Refinance        110
     254809846                             0           11/1/2005                 50000                49943          Cash Out Refinance        110
     254809852                             0           11/1/2005                232000            231426.13          Cash Out Refinance        110
     254809869                             0           11/1/2005                 50000              49095.1          Cash Out Refinance        110
     254809880                           0.5           12/1/2005                 80160             80096.82          Cash Out Refinance        124
     254809898                             0          11/15/2005                 65000             64935.79          Cash Out Refinance        124
     254809930                             0           11/1/2005                 50000             49940.62          Cash Out Refinance        124
     254809942                             0           11/1/2005                 50000             49909.02          Cash Out Refinance        110
     254810033                             0          10/15/2005                135200            135048.62          Cash Out Refinance        124
     254810038                             0           11/9/2005                 50000             49929.15          Cash Out Refinance        110
     254810285                           0.5           11/1/2005                 88000             87950.92          Cash Out Refinance        124
     254908241                             0           11/1/2005                 60000             59419.23          Cash Out Refinance        124
     254909984                             0          11/15/2005                 39000             38901.47          Cash Out Refinance        124
     254910211                             0           11/1/2005                 52000             51927.66          Cash Out Refinance        124
     254910429                             0           11/1/2005             162320.61             162102.9          Rate/Term Refinance       124
     254910432                             0          11/15/2005                 50000             49929.65          Cash Out Refinance        110
     254910518                             0           11/1/2005                 56800              56723.8          Cash Out Refinance        124
     254910539                             0           11/1/2005                 54000             53927.58          Cash Out Refinance        124
     254910557                             0          10/15/2005                106720            106546.59          Cash Out Refinance        110
     254910573                             0           10/1/2005                 91000             90701.27          Cash Out Refinance        110
     254910639                             0           11/1/2005                 98000             97820.62          Cash Out Refinance        110
     254910655                           0.5          11/15/2005                 50000             49959.04          Cash Out Refinance        124
     254910665                             0           11/5/2005                 88000             87032.08          Cash Out Refinance        110
     254910775                           0.5           12/1/2005                 50000             49959.04          Cash Out Refinance        124
     254911050                           0.5           12/1/2005                 88000             87956.71          Cash Out Refinance        124
     255001194                           0.5          11/19/2005                 46500             42409.01          Cash Out Refinance        110
     255001356                           0.5          11/18/2005                 49000             45286.91          Cash Out Refinance        110
     255001363                           0.5           11/1/2005                 48750             47844.67          Cash Out Refinance        110
     255001408                           0.5           11/1/2005                 43200              39305.5          Cash Out Refinance        110
     255001426                           0.5           11/1/2005                 52000             43644.04          Cash Out Refinance        110
     255102719                           0.5          11/14/2005                 29250                28274          Purchase                  110
     255103898                           0.5           10/1/2005               66755.1             64695.62          Cash Out Refinance        110
     255103917                           0.5           11/1/2005                 63200             53490.21          Cash Out Refinance        110
     255103988                           0.5           10/1/2005               41057.1             38029.96          Cash Out Refinance        110
     255302046                           0.5           10/1/2005                 37000             34136.39          Cash Out Refinance        110
     255302275                           0.5           11/1/2005                 36000              31535.4          Cash Out Refinance        110
     255302284                           0.5           11/1/2005                 52000             38270.86          Cash Out Refinance        110
     255302300                           0.5           11/1/2005                 39200             32598.19          Cash Out Refinance        110
     255302601                           0.5           10/7/2005              56393.37             47409.72          Cash Out Refinance        110
     255302749                           0.5          11/14/2005                 39000             24445.05          Cash Out Refinance        110
     255316280                             0           10/1/2005                 80000             79465.41          Cash Out Refinance        110
     255318896                             0           11/1/2005                 76000             75739.28          Cash Out Refinance        124
     255319032                             0           10/1/2005                125600            125321.87          Cash Out Refinance        124
     255319053                             0          10/15/2005                 68000             67925.62          Cash Out Refinance        124
     255319068                             0           11/1/2005                 50000             49924.46          Cash Out Refinance        124
     255319090                             0           11/1/2005                 56000             55903.82          Cash Out Refinance        124
     255319185                             0          10/15/2005                 55000             54925.61          Cash Out Refinance        124
     255319221                             0           10/1/2005                 81600             81426.08          Cash Out Refinance        124
     255319294                             0           10/1/2005                138400            138260.33          Cash Out Refinance        124
     255319315                             0           11/2/2005                 50000             49816.92          Cash Out Refinance        110
     255319319                           0.5          11/15/2005                 50000             49961.35          Cash Out Refinance        124
     255319328                             0           11/1/2005                 54000             53807.14          Cash Out Refinance        110
     255319351                           0.5           11/1/2005                 55500             55456.25          Cash Out Refinance        124
     255319380                             0           11/1/2005                 90000              89770.6          Cash Out Refinance        110
     255319402                             0          11/15/2005                120000            119907.85          Cash Out Refinance        124
     255319406                             0           11/9/2005                100000             99835.24          Cash Out Refinance        110
     255319463                             0           11/9/2005                 67500             67413.61          Cash Out Refinance        110
     255319590                           0.5           11/1/2005                251650            251373.47          Cash Out Refinance        124
     255401269                           0.5           10/1/2005                 52500             51712.41          Cash Out Refinance        110
     255401511                           0.5           11/1/2005                 44800             40935.27          Cash Out Refinance        110
     255411430                             0           10/1/2005                 52843             49416.87          Cash Out Refinance        110
     255412771                             0          10/15/2005                 63375             63132.72          Cash Out Refinance        124
     255413487                             0          11/15/2005                100000             99855.08          Cash Out Refinance        153
     255413576                             0           10/1/2005                 72500             72432.83          Cash Out Refinance        110
     255413646                           0.5           11/1/2005                 50000             49961.25          Cash Out Refinance        124
     255413649                             0           11/1/2005                 60800              60714.2          Cash Out Refinance        124
     255413717                             0           12/1/2005                 50000             49916.75          Cash Out Refinance        124
     255413747                             0           10/9/2005                 78400             77377.11          Cash Out Refinance        110
     255413750                             0          11/15/2005                 50000             49873.97          Cash Out Refinance        124
     255413752                           0.5          11/15/2005               94960.5             94816.26          Cash Out Refinance        124
     255413771                           0.5           12/1/2005                 50000             49356.61          Cash Out Refinance        124
     255413834                           0.5          12/15/2005                 50000             49980.01          Cash Out Refinance        124
     255501729                           0.5           11/1/2005                 46400             45372.23          Cash Out Refinance        110
     255501783                           0.5           11/1/2005                 40000             33874.92          Cash Out Refinance        110
     255501785                           0.5           10/1/2005                 40000             34884.91          Cash Out Refinance        110
     255602113                           0.5          11/15/2005                 37500             36632.53          Cash Out Refinance        110
     255602269                           0.5          11/14/2005                 25000             24264.61          Cash Out Refinance        110
     255602299                           0.5          11/10/2005                 40000             31839.84          Cash Out Refinance        110
     255602590                           0.5           11/1/2005                 64000             62831.63          Cash Out Refinance        110
     255615155                             0           11/1/2005                197344            196262.48          Cash Out Refinance        124
     255615253                             0           11/1/2005                 46200             46130.31          Cash Out Refinance        124
     255615409                             0          10/13/2005                 59400             59147.23          Rate/Term Refinance       110
     255615530                           0.5          11/11/2005                 60000             59323.45          Cash Out Refinance        110
     255615609                             0           11/1/2005                 66500                66420          Cash Out Refinance        124
     255615611                             0           12/3/2005                 50000             49699.66          Cash Out Refinance        110
     255615613                             0           11/1/2005                 87675             87548.47          Cash Out Refinance        124
     255615691                             0           11/1/2005                 78500             78126.42          Cash Out Refinance        110
     255615694                             0           10/1/2005                 50000             49941.77          Cash Out Refinance        124
     255615698                             0           11/1/2005                 60750             60628.31          Cash Out Refinance        124
     255615731                             0           11/1/2005                136000            135768.35          Cash Out Refinance        124
     255615747                           0.5           11/1/2005                165000            164726.02          Rate/Term Refinance       124
     255615754                             0           11/1/2005                111200            110924.41          Cash Out Refinance        124
     255615760                           0.5          11/15/2005                 60000             59932.11          Cash Out Refinance        124
     255615770                           0.5          11/15/2005                 50000             49953.15          Cash Out Refinance        124
     255615779                             0           11/5/2005                 50000             49918.73          Cash Out Refinance        110
     255615803                             0           10/1/2005                 71000             70880.29          Cash Out Refinance        124
     255615812                           0.5          10/15/2005                 68800             68481.79          Rate/Term Refinance       124
     255615816                             0          11/15/2005                 50000             49950.61          Cash Out Refinance        124
     255615855                           0.5          11/15/2005                 76000             75929.55          Cash Out Refinance        124
     255616068                           0.5          11/15/2005                108750             108707.7          Cash Out Refinance        124
     255616075                           0.5           11/1/2005                 61000             60904.53          Cash Out Refinance        124
     255616087                           0.5          10/15/2005                 84000             83962.76          Cash Out Refinance        124
     255702407                           0.5           10/1/2005              50659.29             47396.14          Cash Out Refinance        110
     255702452                           0.5           10/1/2005                 50400             49327.18          Cash Out Refinance        110
     255702537                           0.5           10/7/2005                 97600             93352.36          Cash Out Refinance        110
     255702611                           0.5          11/14/2005              67950.19             66912.68          Cash Out Refinance        110
     255714800                             0           10/1/2005                232000            231436.41          Cash Out Refinance        124
     255714807                             0          10/15/2005                 35000             34950.87          Cash Out Refinance        124
     255715031                             0           11/1/2005                 51200             51060.14          Cash Out Refinance        124
     255715040                             0          10/10/2005                 51200              50721.9          Cash Out Refinance        110
     255715122                             0           11/3/2005                 55000             54406.67          Cash Out Refinance        110
     255715130                           0.5          11/15/2005                 56000             55930.81          Cash Out Refinance        124
     255715152                           0.5          11/15/2005                 50000             49980.88          Cash Out Refinance        124
     255715178                             0          10/15/2005                 61500             61416.24          Cash Out Refinance        124
     255715202                             0           10/1/2005                 58500              58408.3          Cash Out Refinance        124
     255715229                             0           11/1/2005                 57000             56869.72          Cash Out Refinance        124
     255715230                           0.5           12/1/2005                132800            132681.75          Cash Out Refinance        124
     255715248                           0.5           12/1/2005                 50000             49896.24          Cash Out Refinance        124
     255715272                             0           11/8/2005                 50400             50336.14          Cash Out Refinance        110
     255715284                             0          10/15/2005                200500            200118.51          Cash Out Refinance        124
     255715292                           0.5          11/15/2005                 80960             80837.01          Cash Out Refinance        124
     255715337                           0.5          11/15/2005                143500            143264.06          Cash Out Refinance        124
     255715477                           0.5           11/1/2005                 72375             72307.89          Cash Out Refinance        124
     255800655                           0.5           10/1/2005                 44800             44073.79          Cash Out Refinance        110
     255800658                           0.5           11/1/2005                 43200              26599.4          Cash Out Refinance        110
     255800724                           0.5           11/1/2005                 32000              26456.8          Cash Out Refinance        110
     255800728                           0.5           10/1/2005              36235.16             23704.84          Cash Out Refinance        110
     255800943                           0.5           11/1/2005                 54400             50070.56          Cash Out Refinance        110
     255811958                             0           10/1/2005                 63750              63390.8          Cash Out Refinance        124
     255812457                           0.5          10/15/2005                 93750             92472.53          Cash Out Refinance        110
     255812495                             0           10/1/2005                 66800                66680          Cash Out Refinance        124
     255812505                             0           11/1/2005                 71400              70919.4          Cash Out Refinance        110
     255812979                             0          11/13/2005                 50000             49947.17          Cash Out Refinance        110
     255813030                           0.5           11/1/2005                 50000             49950.61          Cash Out Refinance        124
     255813042                             0           9/15/2005                 71400             71319.48          Cash Out Refinance        124
     255813107                             0           11/1/2005                112500            112194.37          Cash Out Refinance        124
     255813140                           0.5           11/1/2005                 50000             49750.99          Cash Out Refinance        110
     255813161                           0.5           10/1/2005                104000            103898.35          Cash Out Refinance        124
     255813184                             0          10/15/2005                 57750             57665.69          Cash Out Refinance        124
     255813223                             0           12/1/2005                 60000             59541.76          Cash Out Refinance        110
     255813249                             0           11/1/2005                 65000             64694.64          Cash Out Refinance        110
     255813261                             0           11/1/2005                 94640             94466.34          Cash Out Refinance        110
     255813279                             0           11/1/2005                 82980             82800.66          Cash Out Refinance        110
     255813285                             0           11/1/2005                 99520             99149.97          Cash Out Refinance        124
     255813321                             0           11/1/2005                 50000             49788.42          Cash Out Refinance        124
     255813334                             0           11/5/2005                 50000             49521.81          Cash Out Refinance        110
     255813358                           0.5          11/10/2005                 50000             49765.37          Cash Out Refinance        110
     255813465                           0.5           11/1/2005                 68700             68644.38          Cash Out Refinance        124
     255813476                           0.5           12/1/2005                 70000             69879.12          Cash Out Refinance        124
     255813481                           0.5           11/1/2005             165231.27            164916.25          Cash Out Refinance        124
     255813503                           0.5           11/1/2005                 89600             89527.55          Cash Out Refinance        124
     255900826                           0.5          10/20/2005                 58800              57625.3          Cash Out Refinance        110
     255901068                           0.5          11/10/2005                 28500             23615.53          Purchase                  110
     255901133                           0.5          11/15/2005              46087.27             37990.96          Cash Out Refinance        110
     255901140                           0.5           12/1/2005              26049.81             22330.59          Cash Out Refinance        110
     255901167                           0.5           11/1/2005              23891.44             17951.52          Cash Out Refinance        110
     255914085                             0          10/15/2005                109875            109629.69          Cash Out Refinance        110
     255914156                             0          10/18/2005               51513.6             51089.07          Cash Out Refinance        110
     255914243                             0           11/1/2005                 50000              49801.5          Cash Out Refinance        124
     255914340                             0           11/1/2005                114750            112436.17          Cash Out Refinance        110
     255914341                           0.5           11/1/2005                 91500             91464.03          Cash Out Refinance        124
     255914441                             0          10/18/2005                 28400              28299.2          Cash Out Refinance        110
     255914486                             0           11/1/2005                 65700             65552.79          Cash Out Refinance        153
     255914552                             0           10/1/2005                 50850             50642.21          Cash Out Refinance        110
     255914564                             0           11/2/2005                 61600             61515.35          Cash Out Refinance        110
     255914574                           0.5           10/1/2005                 55000             54895.35          Cash Out Refinance        124
     255914584                             0          11/15/2005                 90000             89900.27          Cash Out Refinance        124
     255914597                             0           11/8/2005                 86000             85873.21          Cash Out Refinance        110
     255914794                           0.5           11/1/2005                 73000             72960.53          Cash Out Refinance        124
     255914939                           0.5          11/14/2005                 39100             39084.16          Rate/Term Refinance       110
     255914956                           0.5          11/15/2005                 50000              49972.4          Cash Out Refinance        124
     255915082                           0.5          11/19/2005                 34800              34764.1          Cash Out Refinance        110
     256100898                           0.5          11/13/2005                 63000             61714.08          Cash Out Refinance        110
     256200437                           0.5          10/15/2005              54659.45             53437.15          Cash Out Refinance        110
     256200521                           0.5          10/15/2005              64113.97             62815.34          Cash Out Refinance        110
     256200589                           0.5           10/1/2005              34903.32             29540.74          Cash Out Refinance        110
     256211317                             0           11/1/2005              61125.35             60757.86          Rate/Term Refinance       124
     256211764                             0           11/1/2005                244689            242455.57          Cash Out Refinance        110
     256211810                             0           11/1/2005                 62550             62385.95          Rate/Term Refinance       124
     256211814                             0           11/1/2005                201400            200901.84          Rate/Term Refinance       124
     256211853                             0           10/1/2005                140250            139899.65          Cash Out Refinance        124
     256211871                             0           11/1/2005                116975            116745.05          Cash Out Refinance        124
     256211872                             0           10/1/2005                 94039             93914.91          Cash Out Refinance        124
     256211881                             0           10/1/2005                 67500              67135.3          Cash Out Refinance        110
     256211910                             0           10/1/2005              121256.6             120962.5          Rate/Term Refinance       124
     256211928                           0.5          11/15/2005                 51294             51205.13          Cash Out Refinance        124
     256211929                             0          11/15/2005                132600            132352.52          Cash Out Refinance        124
     256212002                           0.5           10/1/2005               68416.5             68301.76          Rate/Term Refinance       124
     256212045                           0.5           11/1/2005               60367.5              60283.2          Cash Out Refinance        124
     256412685                             0           11/1/2005                 87200             87036.98          Purchase                  124
     256412744                             0          10/15/2005                 63920             63670.19          Purchase                  124
     256412760                             0           11/1/2005                 25120             25086.49          Purchase                  115
     256412987                             0           11/6/2005                 15980              15961.7          Purchase                  115
     256412998                             0           11/1/2005                135800            135561.43          Purchase                  124
     256413045                             0           10/1/2005                 15000             14976.84          Cash Out Refinance        115
     256413110                             0           11/1/2005                 87200             86965.97          Purchase                  124
     256413116                             0           11/1/2005               88909.6              88667.5          Rate/Term Refinance       153
     256413119                             0           11/1/2005                 55000             54878.21          Cash Out Refinance        124
     256413141                             0          10/13/2005                 35000             34884.28          Cash Out Refinance        110
     256413289                             0           11/1/2005                 21800             21701.39          Purchase                  110
     256413320                             0           11/1/2005                 21800             21785.57          Purchase                  115
     256413423                             0          11/15/2005                 90000             89798.32          Cash Out Refinance        124
     256413432                             0          10/15/2005                135882            135650.56          Rate/Term Refinance       124
     256413511                             0          10/15/2005                 17000             16974.87          Cash Out Refinance        115
     256413572                             0          11/15/2005                123200            122993.41          Rate/Term Refinance       124
     256413603                             0           11/8/2005                 69200              69107.4          Rate/Term Refinance       110
     256413641                             0           11/1/2005                 66000             65835.47          Cash Out Refinance        124
     256413647                             0          11/15/2005                 63450             63356.92          Cash Out Refinance        124
     256413667                           0.5           11/1/2005              102210.5            102109.85          Cash Out Refinance        124
     256413674                             0          11/15/2005              105152.7            105014.59          Cash Out Refinance        124
     256413695                             0          11/15/2005                114300            114163.83          Cash Out Refinance        124
     256413707                             0          11/15/2005               86813.5              86718.1          Cash Out Refinance        124
     256413723                             0          10/15/2005                 99920             99757.32          Purchase                  124
     256413729                           0.5          11/15/2005                 76000             75889.07          Rate/Term Refinance       124
     256413799                           0.5           11/1/2005                140000            139769.35          Rate/Term Refinance       124
     256607981                             0           11/1/2005                426000            423278.15          Rate/Term Refinance       124
     256608494                             0           11/1/2005                139500            138868.69          Purchase                  124
     256608530                             0          10/15/2005                 95700             95267.73          Cash Out Refinance        153
     256608920                             0           11/1/2005                178100            177770.66          Cash Out Refinance        110
     256608969                             0          10/15/2005              112207.6            112066.91          Cash Out Refinance        124
     256609149                             0          10/15/2005                340000            339626.38          Cash Out Refinance        153
     256609177                           0.5           12/1/2005                 66000             65940.72          Cash Out Refinance        124
     256609188                           0.5           11/1/2005               82473.3             82406.03          Rate/Term Refinance       124
     256609300                           0.5           12/1/2005                151981            151691.83          Cash Out Refinance        124
     256609369                           0.5           12/1/2005                 35000             34971.56          Cash Out Refinance        110
     256708543                             0           10/1/2005                125000            124670.91          Cash Out Refinance        110
     256708572                             0           11/1/2005              171362.3            170846.44          Cash Out Refinance        124
     256708693                             0           11/1/2005                105000            103545.39          Cash Out Refinance        110
     256708701                             0           11/1/2005                134700               133884          Cash Out Refinance        110
     256708710                             0          11/15/2005                316313            315145.24          Cash Out Refinance        124
     256708791                             0           11/1/2005              242274.9            241491.66          Cash Out Refinance        124
     256708825                             0          11/10/2005                 85000             84774.16          Cash Out Refinance        115
     256708849                             0           11/1/2005              132107.5            131729.54          Cash Out Refinance        124
     256708980                             0           11/1/2005                 38700             38650.36          Cash Out Refinance        115
     256709052                             0           10/1/2005              411729.5            411035.49          Cash Out Refinance        124
     256709088                             0           11/1/2005                508000             506574.1          Rate/Term Refinance       124
     256709142                             0           9/15/2005                177054            176877.27          Cash Out Refinance        124
     256709144                             0           11/1/2005                 90200             90079.29          Cash Out Refinance        115
     256709199                           0.5          10/15/2005                180980            180651.89          Cash Out Refinance        124
     256709209                             0           11/1/2005                249519            248899.97          Cash Out Refinance        124
     256709241                             0          10/15/2005                269500            269086.54          Cash Out Refinance        124
     256709282                           0.5          11/15/2005              283087.5            282853.15          Cash Out Refinance        124
     256807639                             0           10/1/2005                 91100             90828.54          Rate/Term Refinance       124
     256807672                             0          11/15/2005                 50000             49689.01          Cash Out Refinance        124
     256808025                             0          11/15/2005                111465            110871.17          Purchase                  124
     256907713                             0           11/1/2005                 98137             97867.71          Cash Out Refinance        124
     256907742                             0           11/1/2005                186798            186279.02          Rate/Term Refinance       124
     256908010                             0           11/1/2005                122250             121991.3          Cash Out Refinance        124
     256908257                             0          10/15/2005                171500             171368.3          Cash Out Refinance        124
     256908283                             0          10/15/2005                 58500             58447.06          Cash Out Refinance        124
     256908353                             0          10/15/2005                 50000             49901.77          Cash Out Refinance        124
     256908407                           0.5          11/15/2005                 50000             49981.42          Cash Out Refinance        124
     257008107                             0           11/1/2005                 43800             43600.04          Cash Out Refinance        110
     257008154                             0           11/1/2005                 50000             49753.49          Cash Out Refinance        110
     257008171                             0           11/1/2005                364500            363060.95          Rate/Term Refinance       124
     257008341                           0.5           12/1/2005                100000             99809.73          Cash Out Refinance        124
     257008455                             0          11/15/2005                297350            296613.04          Cash Out Refinance        124
     257008470                             0           11/1/2005                 55000             54888.31          Cash Out Refinance        124
     257008647                             0          10/15/2005                176715            176536.06          Cash Out Refinance        124
     257008681                           0.5           11/1/2005                141000            140837.16          Cash Out Refinance        124
     257008843                           0.5           11/1/2005              159866.3            159576.46          Cash Out Refinance        124
     257108547                             0           10/1/2005                 50000             49827.34          Cash Out Refinance        124
     257109253                             0          11/15/2005                194750            194242.77          Cash Out Refinance        124
     257109334                             0          10/15/2005                145000            144690.09          Cash Out Refinance        124
     257109374                             0           10/1/2005              100095.8             99929.33          Cash Out Refinance        153
     257109530                             0           11/1/2005                184500            184065.59          Cash Out Refinance        124
     257109547                             0           11/1/2005                260500             259655.1          Cash Out Refinance        124
     257109688                             0           11/1/2005                311000            310230.73          Cash Out Refinance        124
     257109755                             0          11/15/2005              117718.3            117570.69          Cash Out Refinance        124
     257109764                             0          10/15/2005                199500            199283.49          Cash Out Refinance        124
     257109776                             0           11/1/2005              156446.7            156241.47          Cash Out Refinance        124
     257109794                           0.5           11/1/2005                225000            224752.75          Cash Out Refinance        124
     257109812                             0           11/9/2005                220000            218678.59          Cash Out Refinance        110
     257109827                             0          11/15/2005              106007.6            105912.41          Cash Out Refinance        124
     257109858                           0.5           12/1/2005                204000            203766.83          Cash Out Refinance        124
     257109907                           0.5           11/1/2005                113235            113131.14          Cash Out Refinance        124
     257109931                             0          11/15/2005                212500             212310.8          Rate/Term Refinance       124
     257110246                           0.5           11/1/2005                177078            176999.49          Cash Out Refinance        124
     257110270                           0.5          11/13/2005                 66000             65980.47          Cash Out Refinance        110
     257110289                           0.5           11/1/2005                234019            233932.22          Cash Out Refinance        124
     257207431                             0           10/1/2005                427450            426718.98          Rate/Term Refinance       124
     257207467                             0           11/1/2005               67670.4             67568.42          Cash Out Refinance        124
     257207477                             0           11/1/2005                454750            453665.75          Cash Out Refinance        124
     257207558                             0           11/1/2005                265617            264959.99          Cash Out Refinance        124
     257207656                             0          11/15/2005                297000            296636.43          Cash Out Refinance        124
     257207660                             0           11/1/2005                 83500             83173.91          Cash Out Refinance        110
     257207676                             0          10/15/2005              237445.5            237171.27          Cash Out Refinance        124
     257207677                             0           11/1/2005                148000            147633.19          Cash Out Refinance        124
     257207680                             0           11/1/2005                117900            117720.92          Cash Out Refinance        124
     257207691                           0.5          11/15/2005                211250            210952.89          Cash Out Refinance        124
     257207718                             0          11/15/2005              261592.5            261359.59          Cash Out Refinance        124
     257207935                           0.5           11/1/2005                400000            399560.46          Cash Out Refinance        124
     257405457                             0           11/8/2005                 60000             59874.12          Cash Out Refinance        110
     257405727                             0          11/15/2005                100000             99851.25          Cash Out Refinance        124
     257405737                             0           11/1/2005                 50000             49919.85          Cash Out Refinance        124
     257405767                             0           11/1/2005                 68000             67919.26          Cash Out Refinance        124
     257405778                             0           11/1/2005                116000            115808.08          Cash Out Refinance        110
     257405802                             0           11/1/2005                 62400             61845.77          Cash Out Refinance        110
     257405808                             0           11/1/2005                 58000             57932.44          Cash Out Refinance        124
     257405847                             0           11/1/2005                226500            225906.18          Rate/Term Refinance       124
     257405853                           0.5          11/15/2005               58127.3             58043.66          Cash Out Refinance        124
     257405903                           0.5           12/1/2005                 85000             84884.39          Cash Out Refinance        124
     257405931                           0.5           12/1/2005                278500             277970.1          Cash Out Refinance        153
     257506048                             0          10/15/2005                 35000             34910.69          Cash Out Refinance        124
     257506093                             0           12/1/2005                168000            167261.71          Cash Out Refinance        124
     257506287                             0          11/15/2005                 65000             64762.93          Cash Out Refinance        153
     257506334                             0           11/1/2005                 67900             67715.57          Cash Out Refinance        124
     257506451                             0           11/1/2005                 40000             39923.37          Cash Out Refinance        124
     257506585                             0           10/1/2005                 50000             49620.62          Cash Out Refinance        153
     257506597                             0          10/15/2005                 60990             60879.54          Cash Out Refinance        124
     257506650                             0          10/15/2005                 86400             86215.85          Cash Out Refinance        124
     257506662                             0           11/1/2005                 70000             69896.53          Rate/Term Refinance       110
     257506686                             0           11/1/2005                 72000              71712.8          Cash Out Refinance        110
     257506743                             0           10/1/2005                136000            135743.31          Cash Out Refinance        124
     257506831                             0           11/1/2005                 50000             49887.97          Cash Out Refinance        110
     257506852                             0           11/1/2005                 75300              75142.7          Cash Out Refinance        124
     257506888                             0           11/1/2005                100000             99851.25          Cash Out Refinance        124
     257506934                             0           11/1/2005                 91000             90733.54          Rate/Term Refinance       124
     257506952                           0.5          11/15/2005                 63000             62947.77          Cash Out Refinance        124
     257506964                             0           11/1/2005              135564.3            135362.67          Cash Out Refinance        124
     257507000                             0           11/1/2005                 61600             61459.21          Cash Out Refinance        124
     257507023                             0           11/1/2005                 50000             49900.69          Cash Out Refinance        110
     257507042                             0           11/1/2005                 74000             73803.98          Cash Out Refinance        124
     257507102                           0.5           11/1/2005                 50000             49959.21          Cash Out Refinance        124
     257507106                           0.5          11/15/2005                 60000             59549.32          Cash Out Refinance        124
     257507129                           0.5           11/1/2005                 50000             49959.21          Cash Out Refinance        124
     257507154                           0.5          11/15/2005                 67500             67473.18          Cash Out Refinance        124
     257507169                           0.5           11/1/2005                 70000             69888.25          Cash Out Refinance        124
     257507495                           0.5           12/1/2005                 81200             81166.67          Cash Out Refinance        124
     257606435                             0           11/1/2005                 84000             83298.49          Cash Out Refinance        110
     257606745                             0           11/1/2005                 25800             25711.14          Cash Out Refinance        110
     257606832                           0.5           11/1/2005                112000            111796.95          Rate/Term Refinance       124
     257606979                             0          11/15/2005              75258.15             75153.69          Cash Out Refinance        124
     257607220                           0.5           12/1/2005                 60392              60357.6          Rate/Term Refinance       124
     257702853                             0           11/1/2005              146187.9            145580.48          Cash Out Refinance        124
     257702975                             0           11/1/2005              283087.5            282149.32          Cash Out Refinance        124
     257702985                             0          10/15/2005              101911.5            101648.33          Cash Out Refinance        124
     257703004                             0           11/1/2005                 75000             74742.11          Cash Out Refinance        124
     257703021                             0           7/15/2006                151000            150648.66          Cash Out Refinance        124
     257703024                             0           11/1/2005                 45000             44759.79          Cash Out Refinance        110
     257703090                             0          10/15/2005                160000            159520.53          Cash Out Refinance        124
     257703178                             0           11/5/2005                 50000             49936.52          Cash Out Refinance        115
     257703183                             0          11/15/2005                372000            371199.23          Cash Out Refinance        124
     257703217                           0.5           11/8/2005                 60000             59950.53          Cash Out Refinance        110
     257703267                             0           11/1/2005                313911            313103.52          Cash Out Refinance        124
     257703287                             0           11/1/2005                429165             427983.4          Cash Out Refinance        124
     257703307                             0           11/1/2005              379575.6            378499.88          Cash Out Refinance        124
     257703317                             0           11/1/2005                 40000              39605.4          Cash Out Refinance        115
     257703343                             0           11/1/2005                384678            383545.66          Cash Out Refinance        124
     257703358                           0.5          11/15/2005                486381            485819.28          Cash Out Refinance        124
     257703359                             0          11/15/2005                265600            265094.65          Rate/Term Refinance       124
     257703373                           0.5          11/15/2005                418901             418126.7          Cash Out Refinance        124
     257703428                           0.5           11/1/2005                379899            379176.18          Cash Out Refinance        124
     257804265                             0           10/1/2005                 58950             58602.71          Cash Out Refinance        110
     257804376                             0           10/1/2005                 52734             52658.67          Cash Out Refinance        110
     257804498                             0          10/15/2005                165000            164522.26          Cash Out Refinance        124
     257804577                             0          11/15/2005                239666            239209.01          Cash Out Refinance        124
     257804597                             0           11/1/2005                 35000             34840.25          Cash Out Refinance        110
     257804663                             0           11/1/2005                 57925             57674.23          Cash Out Refinance        110
     257804693                             0           11/1/2005                 38000             37820.81          Cash Out Refinance        110
     257804739                             0          11/15/2005                165087             164775.9          Rate/Term Refinance       124
     257804800                             0           10/1/2005                136790            136552.17          Cash Out Refinance        120
     257804877                             0           11/1/2005                303500            302631.55          Cash Out Refinance        124
     257804886                             0          10/15/2005              120029.1            119829.78          Cash Out Refinance        124
     257804912                             0           11/1/2005                249519            249162.06          Rate/Term Refinance       124
     257804916                             0           11/1/2005                172850            172355.41          Cash Out Refinance        124
     257804931                             0          10/15/2005                225000            224596.03          Cash Out Refinance        124
     257804986                           0.5          11/15/2005                140000            139738.69          Rate/Term Refinance       124
     257805007                             0           11/1/2005               88112.5              87940.7          Cash Out Refinance        124
     257805018                           0.5          11/15/2005                140000             139670.3          Cash Out Refinance        124
     257805081                           0.5           12/1/2005                252000            251520.53          Rate/Term Refinance       124
     257805098                           0.5           12/1/2005                152931            152808.92          Cash Out Refinance        124
     257805126                           0.5           11/1/2005                262421             261954.4          Cash Out Refinance        124
     257805148                           0.5           12/1/2005                226225            225798.69          Cash Out Refinance        124
     257805161                           0.5           11/1/2005                230000            229561.36          Cash Out Refinance        124
     257805282                           0.5           11/1/2005                 73000             72974.53          Cash Out Refinance        110
     257805344                           0.5           11/1/2005              272713.1            272500.35          Cash Out Refinance        124
     257805364                           0.5          11/13/2005                 44000             43985.14          Cash Out Refinance        110
     257902953                             0          10/15/2005                208000            207103.33          Rate/Term Refinance       124
     257903486                             0          10/10/2005                 40000             39817.43          Cash Out Refinance        110
     257903626                             0           12/1/2005                 44350             44204.74          Cash Out Refinance        110
     257903698                             0          10/15/2005                611200            609958.96          Cash Out Refinance        124
     257903826                             0           11/1/2005                188000            187574.57          Rate/Term Refinance       124
     257903852                             0          10/15/2005                131220            131068.45          Cash Out Refinance        124
     257903872                           0.5           11/5/2005                 60000             59691.56          Cash Out Refinance        110
     257903924                           0.5          11/15/2005                336000            335595.62          Cash Out Refinance        124
     257903993                           0.5           11/1/2005                590000            587965.59          Cash Out Refinance        153
     257904015                           0.5           11/1/2005                217400            217176.08          Rate/Term Refinance       124
     258000175                             0           11/1/2005                209200            209133.25          Purchase                  153
     258000199                             0           11/1/2005                134480            133989.42          Purchase                  124
     258000208                             0           11/1/2005                160720            160719.86          Purchase                  124
     258000212                             0           11/1/2005                399120               399120          Purchase                  124
     258000214                             0           11/1/2005                 74800                74800          Purchase                  153
     258000219                             0           11/1/2005                 18700             18666.42          Purchase                  115
     258000225                             0           11/1/2005                153520            152824.59          Purchase                  124
     258000227                             0           11/1/2005                231920            231919.99          Purchase                  153
     258000243                           0.5           11/1/2005                 52200             52175.65          Purchase                  110
     258100378                           0.5           11/1/2005              66647.88             64626.91          Rate/Term Refinance       124
     258100389                           0.5           10/1/2005                 49450              47804.8          Cash Out Refinance        124
     258100563                           0.5           11/2/2005              43858.41             36367.32          Cash Out Refinance        110
     258113822                             0          11/15/2005                112800            112563.36          Cash Out Refinance        124
     258114653                           0.5           11/1/2005                152000            151609.29          Cash Out Refinance        117
     258200365                           0.5           11/1/2005                 35500             28500.69          Cash Out Refinance        110
     258200574                           0.5           11/1/2005              27999.44             23183.88          Cash Out Refinance        110
     258215001                             0           11/1/2005                 43029             42941.04          Cash Out Refinance        124
     258215246                             0           11/1/2005                 30000             29886.39          Cash Out Refinance        110
     258215331                             0          10/15/2005                 38390             38266.52          Cash Out Refinance        110
     258215341                             0          10/15/2005                108000            107821.31          Cash Out Refinance        124
     258215488                             0           10/1/2005                 50000             49902.71          Cash Out Refinance        124
     258215531                             0          11/15/2005                 66400             66312.24          Cash Out Refinance        124
     258215555                             0          10/15/2005                 60000             59918.39          Cash Out Refinance        124
     258215602                             0           12/1/2005                 50000             49875.08          Cash Out Refinance        124
     258215625                           0.5          11/15/2005              139656.5            139390.79          Cash Out Refinance        124
     258215646                             0           9/15/2005                 50000             49932.66          Cash Out Refinance        153
     258215669                             0           11/1/2005                225450            224919.17          Cash Out Refinance        124
     258215682                           0.5          11/15/2005                 50000             49937.94          Cash Out Refinance        124
     258215765                             0           10/1/2005              128495.8            128260.59          Cash Out Refinance        124
     258215794                           0.5          11/15/2005                168000             167695.1          Cash Out Refinance        124
     258215815                           0.5          10/15/2005                 45000             44953.15          Cash Out Refinance        110
     258216114                           0.5          11/15/2005                 38000             37990.49          Cash Out Refinance        110
     258216131                           0.5           11/1/2005                241000            240856.98          Cash Out Refinance        124
     258216142                           0.5           12/1/2005                 43100             43085.44          Rate/Term Refinance       110
     258303218                             0           11/1/2005                 85137              84426.8          Cash Out Refinance        110
     258304239                             0           10/1/2005                 50000              49812.5          Cash Out Refinance        124
     258304756                             0          10/15/2005                135735            135239.12          Rate/Term Refinance       124
     258304905                             0          11/14/2005                 15100             15034.16          Cash Out Refinance        110
     258304940                             0          11/15/2005                112054            111638.64          Cash Out Refinance        124
     258304973                             0           10/1/2005                 30000             29956.18          Cash Out Refinance        115
     258305149                             0          11/15/2005              390376.5            389708.94          Rate/Term Refinance       124
     258305208                             0          11/15/2005                200800             200327.2          Cash Out Refinance        124
     258305211                             0           12/1/2005                 38000             37905.83          Rate/Term Refinance       110
     258305237                             0          11/15/2005                350500            349988.45          Cash Out Refinance        124
     258305288                             0           11/1/2005                 68392             68005.27          Cash Out Refinance        110
     258305293                             0           11/1/2005                586400            584722.09          Rate/Term Refinance       120
     258305305                             0          10/15/2005                 81300             81222.21          Cash Out Refinance        124
     258305322                           0.5          11/15/2005              163058.4            162879.21          Cash Out Refinance        124
     258305335                             0          10/15/2005                153180            152915.48          Cash Out Refinance        124
     258305336                             0           11/1/2005                171500            171145.36          Cash Out Refinance        124
     258305360                             0           11/1/2005              275827.5            275209.53          Cash Out Refinance        124
     258305361                             0           11/1/2005                299215            298814.57          Rate/Term Refinance       124
     258305387                             0           10/1/2005              301837.5            301339.15          Cash Out Refinance        124
     258305404                             0          11/15/2005              174663.3            174375.55          Cash Out Refinance        124
     258305407                             0          11/15/2005              220542.6            220268.32          Cash Out Refinance        124
     258305434                             0          10/15/2005              212651.5             212298.4          Cash Out Refinance        124
     258305460                           0.5           11/1/2005                 98000             97815.32          Cash Out Refinance        124
     258305524                             0          11/15/2005                396500             395745.6          Cash Out Refinance        124
     258305596                           0.5           12/2/2005                 85644             85577.22          Cash Out Refinance        110
     258305714                           0.5          10/15/2005              147960.4            147883.69          Cash Out Refinance        124
     258305788                           0.5          11/15/2005                421727            421496.63          Cash Out Refinance        124
     258415703                             0           10/1/2005                183200            182813.36          Cash Out Refinance        124
     258415854                             0           11/1/2005               50439.1             50210.94          Cash Out Refinance        124
     258415863                             0           10/1/2005                 50427             50318.26          Cash Out Refinance        124
     258415935                             0           11/1/2005                 61000             56547.13          Cash Out Refinance        124
     258415991                             0          10/15/2005               56617.5             56481.81          Cash Out Refinance        124
     258416115                             0          10/15/2005               62909.6             62795.78          Cash Out Refinance        124
     258416194                             0           10/1/2005              277842.5            276688.14          Cash Out Refinance        124
     258416204                             0          10/15/2005                 48800             48717.94          Cash Out Refinance        124
     258416225                             0          10/15/2005                 70000             69794.35          Cash Out Refinance        124
     258416237                             0           11/1/2005                 30000             29890.02          Cash Out Refinance        110
     258416263                             0          10/15/2005              184222.1            183670.06          Cash Out Refinance        124
     258416339                             0           11/1/2005                 35000             34941.76          Cash Out Refinance        124
     258416342                             0           11/1/2005                 22200             22079.44          Cash Out Refinance        110
     258416361                             0           11/1/2005                 39999             39620.39          Cash Out Refinance        110
     258416490                             0           10/1/2005                 88000             87867.72          Cash Out Refinance        124
     258416525                             0           11/1/2005                 54400             54248.76          Cash Out Refinance        124
     258416535                             0           11/1/2005                 72000             71821.55          Rate/Term Refinance       124
     258416536                             0          10/15/2005              129089.9            128827.77          Cash Out Refinance        124
     258416551                           0.5           11/1/2005              50200.85             50163.68          Cash Out Refinance        153
     258416558                             0           11/1/2005               86813.5             86637.19          Cash Out Refinance        124
     258416692                           0.5           11/1/2005                301960            301462.53          Cash Out Refinance        124
     258416728                           0.5          11/15/2005                 87760             87676.02          Cash Out Refinance        124
     258416742                             0          10/15/2005                 19600             19548.95          Cash Out Refinance        110
     258416746                           0.5           12/1/2005              60973.85             60924.64          Cash Out Refinance        124
     258416789                           0.5           11/1/2005              99118.37             98850.17          Cash Out Refinance        124
     258416796                             0           11/1/2005                140000            138631.74          Cash Out Refinance        124
     258416816                             0           10/1/2005              299521.9             298748.4          Rate/Term Refinance       124
     258416897                           0.5           11/1/2005                151200            150948.94          Rate/Term Refinance       124
     258416950                           0.5           11/1/2005              89337.05             89072.99          Cash Out Refinance        124
     258416952                           0.5           11/1/2005                256470            256214.02          Rate/Term Refinance       124
     258416973                           0.5           11/1/2005                 68750             68622.92          Cash Out Refinance        124
     258417033                           0.5           11/1/2005              63065.77                62960          Rate/Term Refinance       124
     258417039                           0.5           11/1/2005              145695.7            145477.24          Cash Out Refinance        124
     258417160                           0.5           11/1/2005                112000            111786.89          Rate/Term Refinance       124
     258500923                           0.5           11/1/2005              19272.77             18839.72          Cash Out Refinance        110
     258501098                           0.5           11/1/2005                 50800             49786.05          Cash Out Refinance        110
     258501145                           0.5           11/1/2005              58746.36             57231.39          Rate/Term Refinance       110
     258501284                           0.5           11/1/2005              77656.42             64551.24          Cash Out Refinance        110
     258501457                           0.5           11/1/2005              67056.47             64844.05          Cash Out Refinance        124
     258517250                             0          11/15/2005                 61172             61083.12          Cash Out Refinance        124
     258517266                             0           11/1/2005                111000            110607.33          Cash Out Refinance        124
     258517358                             0          10/15/2005                270000             269479.9          Purchase                  124
     258517363                             0           11/1/2005                 58000             57745.58          Cash Out Refinance        110
     258517523                             0           11/1/2005                123300            123073.85          Cash Out Refinance        124
     258517538                             0           11/1/2005                330846            330168.76          Cash Out Refinance        124
     258517555                             0           11/1/2005                121500             121184.4          Cash Out Refinance        124
     258517568                           0.5           11/1/2005                359000            358458.13          Rate/Term Refinance       124
     258517600                           0.5           11/1/2005                225600            225170.77          Cash Out Refinance        124
     258517635                             0          11/15/2005                145000            144775.32          Cash Out Refinance        124
     258517668                           0.5          11/15/2005                218519            218296.27          Cash Out Refinance        124
     258517681                           0.5           12/1/2005                 50000             49939.83          Cash Out Refinance        124
     258517693                           0.5          11/15/2005                 50000             49944.02          Cash Out Refinance        124
     258517727                           0.5          11/13/2005                112100             112076.8          Cash Out Refinance        110
     258517748                           0.5           11/1/2005                149200            149058.99          Rate/Term Refinance       124
     258517888                           0.5          11/15/2005                115500            115443.78          Cash Out Refinance        124
     258609029                             0           11/1/2005                 35000             34563.61          Cash Out Refinance        110
     258609034                             0           11/1/2005                 87400             87165.08          Cash Out Refinance        110
     258609060                             0           11/1/2005                200000            199360.02          Cash Out Refinance        124
     258609330                             0           10/6/2005                 50000             49962.05          Cash Out Refinance        110
     258609443                             0          10/15/2005                193500            193070.76          Cash Out Refinance        124
     258609502                             0           11/1/2005                 53000             52811.68          Rate/Term Refinance       110
     258609514                             0           11/1/2005                203000            202451.77          Cash Out Refinance        124
     258609530                             0            9/1/2005                197200            196949.77          Cash Out Refinance        124
     258609551                             0           10/1/2005                 50000             49945.89          Cash Out Refinance        124
     258609559                             0          11/15/2005                120600            120374.92          Cash Out Refinance        124
     258609570                             0           11/1/2005              126823.2            126477.38          Cash Out Refinance        153
     258609595                             0          10/15/2005              108554.6            108336.78          Cash Out Refinance        124
     258609596                           0.5          11/15/2005             176166.65            176027.52          Cash Out Refinance        124
     258609600                             0           11/1/2005              114017.4            113836.81          Cash Out Refinance        120
     258609604                             0          10/15/2005                 50000             49958.76          Cash Out Refinance        124
     258609625                           0.5          11/15/2005               89764.5             89673.96          Cash Out Refinance        124
     258609661                           0.5          11/15/2005                170500            170292.69          Cash Out Refinance        124
     258609696                           0.5           11/1/2005              111991.9            111902.21          Cash Out Refinance        124
     258609726                           0.5           12/1/2005              134372.2            134208.66          Cash Out Refinance        124
     258609765                           0.5           11/1/2005                352500            352088.34          Cash Out Refinance        124
     258609784                           0.5           11/1/2005                120784            120645.93          Cash Out Refinance        124
     258609833                           0.5           12/1/2005                 50001             49923.92          Cash Out Refinance        124
     258609907                           0.5          11/15/2005                 50000             49975.92          Cash Out Refinance        124
     258710619                             0           11/1/2005                158700             158109.5          Cash Out Refinance        117
     258710976                           0.5           12/1/2005                231000            230330.22          Cash Out Refinance        117
     258711010                           0.5           11/1/2005                292000            291303.28          Rate/Term Refinance       117
     258711030                           0.5           11/1/2005                140000            139637.22          Rate/Term Refinance       117
     258800906                           0.5           11/1/2005              39602.89             38523.25          Cash Out Refinance        124
     258815332                             0           11/1/2005               79264.5              79092.5          Cash Out Refinance        124
     258815480                             0          11/15/2005                 85500             85169.01          Cash Out Refinance        124
     258815684                             0           11/1/2005                130000            129557.99          Cash Out Refinance        124
     258815924                             0           11/1/2005                197600            197036.69          Rate/Term Refinance       153
     258816025                             0          10/15/2005                116500            116231.61          Rate/Term Refinance       124
     258816131                             0           10/1/2005               58818.5             58739.62          Rate/Term Refinance       124
     258816132                             0           11/1/2005              457469.4            456201.45          Cash Out Refinance        124
     258816157                             0           11/1/2005                 38800             38483.08          Cash Out Refinance        110
     258816261                             0           11/1/2005                 58800             58273.16          Cash Out Refinance        110
     258816274                             0           11/1/2005                108000            107821.67          Cash Out Refinance        124
     258816358                             0           11/1/2005              79078.25             78943.82          Cash Out Refinance        110
     258816415                             0           10/1/2005                324000            323528.13          Cash Out Refinance        124
     258816446                           0.5           11/1/2005               76086.1             75970.52          Cash Out Refinance        124
     258816468                             0           11/9/2005                 58500             58420.42          Cash Out Refinance        110
     258816473                           0.5           11/1/2005                156000            155864.97          Cash Out Refinance        124
     258816479                           0.5           12/1/2005                157500            157200.32          Cash Out Refinance        124
     258816480                           0.5           12/1/2005                171000            170852.85          Cash Out Refinance        124
     258816510                           0.5           12/1/2005              135340.8            135169.51          Cash Out Refinance        124
     258816549                           0.5           11/1/2005                446400            445574.89          Cash Out Refinance        153
     258816564                           0.5           11/1/2005              210060.2            209836.93          Cash Out Refinance        124
     258816586                           0.5            1/1/2006                113900            113644.73          Cash Out Refinance        110
     258816612                           0.5           11/1/2005                205176            204785.61          Cash Out Refinance        124
     258816742                           0.5           11/1/2005                211000            210656.47          Cash Out Refinance        124
     258900157                           0.5           12/1/2005                 77250             75936.44          Cash Out Refinance        110
     258913648                             0          11/15/2005                 44700             44188.41          Cash Out Refinance        110
     258913975                             0           10/1/2005                275000             273922.3          Cash Out Refinance        124
     258914663                             0           11/1/2005                 82500              82299.5          Cash Out Refinance        124
     258914721                             0           11/1/2005                 89840             89608.47          Cash Out Refinance        124
     258914763                             0           10/1/2005                113900             113420.9          Rate/Term Refinance       110
     258914785                             0          10/10/2005                 83000             82861.93          Rate/Term Refinance       110
     258914846                             0           11/1/2005               70101.8             69942.01          Cash Out Refinance        124
     258914932                             0          10/15/2005                339300            338313.66          Cash Out Refinance        124
     258914941                             0           11/1/2005                 58000              57951.9          Cash Out Refinance        110
     258914975                             0           11/1/2005                 35000             34942.08          Cash Out Refinance        110
     258914990                           0.5           11/1/2005                165750             165389.6          Cash Out Refinance        124
     258915062                             0           11/1/2005               95014.5             94879.81          Rate/Term Refinance       124
     258915070                             0           11/8/2005                 50900             50615.09          Cash Out Refinance        110
     258915089                             0           10/1/2005                119686            119389.35          Rate/Term Refinance       124
     258915143                             0          10/15/2005                107000            106802.21          Cash Out Refinance        124
     258915146                             0          10/15/2005                283040            282658.12          Cash Out Refinance        124
     258915160                             0           11/1/2005                 66000             65270.83          Cash Out Refinance        110
     258915191                           0.5           11/1/2005               70026.3             69962.58          Rate/Term Refinance       124
     258915205                           0.5          11/15/2005                253800            253538.57          Cash Out Refinance        124
     258915243                           0.5           11/1/2005                143850            143576.31          Cash Out Refinance        124
     258915244                           0.5           11/1/2005              161576.1            161366.79          Cash Out Refinance        124
     258915286                           0.5          11/15/2005                102850            102780.84          Purchase                  124
     259006548                           0.5           11/1/2005                 34100             33978.47          Purchase                  115
     259007489                           0.5           10/1/2005                155400            154298.38          Purchase                  6 MO LIBOR
     259007838                             0          10/15/2005                 33000              32945.3          Rate/Term Refinance       115
     259007845                             0           10/4/2005                174000            173472.92          Cash Out Refinance        124
     259007857                             0           11/1/2005                331500            330567.59          Cash Out Refinance        124
     259007863                             0          10/11/2005                 25000             24864.09          Cash Out Refinance        110
     259007873                             0           11/1/2005                 98800             97644.13          Rate/Term Refinance       124
     259007884                             0           10/1/2005                134900            134324.06          Cash Out Refinance        124
     259007895                             0          11/11/2005                 70100             69871.08          Cash Out Refinance        124
     259007896                             0           10/1/2005                 95120             94649.94          Purchase                  124
     259007904                             0           10/1/2005                186648            185259.06          Purchase                  124
     259007914                             0           11/1/2005                219500            218445.71          Cash Out Refinance        124
     259007919                             0           11/1/2005                157250            156699.03          Cash Out Refinance        124
     259007946                             0          11/13/2005                150100            149688.99          Rate/Term Refinance       124
     259007966                             0           11/1/2005                251750            251025.13          Cash Out Refinance        124
     259007972                             0           11/1/2005                360000            358971.71          Cash Out Refinance        124
     259007978                             0           10/1/2005                165000            164625.88          Rate/Term Refinance       124
     259007983                             0          10/26/2005                150000            149758.39          Cash Out Refinance        110
     259007988                             0           11/1/2005                 68800             68611.62          Purchase                  124
     259007992                             0          10/29/2005                352500             351690.7          Rate/Term Refinance       110
     259008003                             0           11/1/2005                128100            127894.99          Cash Out Refinance        124
     259008020                             0           11/1/2005                179550            179012.25          Cash Out Refinance        124
     259008025                             0           10/1/2005                144000            143454.44          Purchase                  124
     259008031                             0           11/1/2005                116800            116525.01          Purchase                  124
     259008034                             0           11/7/2005                172500            172214.02          Cash Out Refinance        124
     259008036                             0           10/7/2005                199500            199083.32          Rate/Term Refinance       124
     259008041                             0           10/1/2005                318750            318193.51          Rate/Term Refinance       153
     259008064                           0.5           11/1/2005                420000            418865.14          Cash Out Refinance        124
     259008067                           0.5           12/1/2005                160000            159074.73          Purchase                  110
     259008077                             0           11/1/2005                324000               324000          Rate/Term Refinance       124
     259008080                             0           11/1/2005                238000            237541.59          Rate/Term Refinance       124
     259008098                           0.5           11/1/2005                 45600             45479.96          Purchase                  115
     259008101                             0           10/1/2005                209000            208554.16          Cash Out Refinance        124
     259008122                             0           11/1/2005                 85000             84831.65          Cash Out Refinance        124
     259008127                           0.5           11/1/2005                 92225              92073.5          Cash Out Refinance        153
     259008140                           0.5           11/1/2005                196000            195612.74          Cash Out Refinance        153
     259008143                           0.5           11/1/2005                109600            109354.03          Cash Out Refinance        153
     259008144                           0.5           11/1/2005                320000            319354.81          Cash Out Refinance        153
     259008165                           0.5           11/1/2005                105675            105513.63          Cash Out Refinance        153
     259008188                           0.5          11/15/2005                205000            204750.79          Cash Out Refinance        124
     259008190                           0.5           11/1/2005                232750            232377.68          Cash Out Refinance        124
     259008192                           0.5           11/1/2005                100400            100085.42          Purchase                  124
     259008195                           0.5          11/15/2005                 85000             84313.67          Cash Out Refinance        110
     259008196                           0.5           11/1/2005                243000             242659.4          Cash Out Refinance        124
     259008200                           0.5           11/1/2005                134400            134088.21          Cash Out Refinance        153
     259008207                           0.5           11/1/2005                175750            175453.75          Cash Out Refinance        153
     259008245                           0.5           11/1/2005                148000            147763.76          Cash Out Refinance        124
     259008247                           0.5           11/1/2005                 85500             85393.89          Cash Out Refinance        124
     259008264                           0.5           10/1/2005                164050            163777.73          Cash Out Refinance        153
     259008266                           0.5           11/1/2005                128000            127736.65          Purchase                  153
     259008285                           0.5           11/1/2005                 64800             64568.93          Purchase                  124
     259008286                           0.5           11/1/2005                136000            135437.15          Cash Out Refinance        124
     259008300                           0.5           11/1/2005                270000            269632.77          Cash Out Refinance        124
     259008302                           0.5          11/18/2005                 70000             69952.11          Cash Out Refinance        110
     259008303                           0.5          11/15/2005                108000            107833.34          Cash Out Refinance        124
     259008310                           0.5           11/1/2005                320000            319568.26          Rate/Term Refinance       124
     259008316                           0.5           11/1/2005                499999            499305.05          Cash Out Refinance        124
     259008326                           0.5           11/1/2005                337500            336847.27          Cash Out Refinance        124
     259008328                           0.5           11/1/2005                 50000             49942.85          Rate/Term Refinance       124
     259008355                           0.5           10/1/2005                 47900             47699.88          Purchase                  110
     259008361                           0.5           11/1/2005                 35000             34977.53          Cash Out Refinance        115
     259008372                           0.5           11/7/2005                 42600             42586.57          Rate/Term Refinance       115
     259008374                           0.5           11/1/2005                 55000             54962.27          Cash Out Refinance        110
     259008388                           0.5           11/6/2005                 50000             49858.52          Cash Out Refinance        110
     259008400                           0.5           11/8/2005                101300            101227.05          Cash Out Refinance        124
     259008402                           0.5           12/9/2005                 60000             59977.65          Rate/Term Refinance       110
     259008413                           0.5           12/1/2005                 35000             34966.26          Cash Out Refinance        110
     259008415                           0.5          11/15/2005                166500            166359.25          Cash Out Refinance        124
     259105881                             0           11/1/2005                 16990             16788.19          Purchase                  110
     259106090                             0          10/15/2005                 32320             32027.18          Purchase                  124
     259106127                             0           10/1/2005                128800            128200.37          Purchase                  110
     259106379                             0           10/1/2005                 32200             31984.65          Purchase                  110
     259106404                             0           11/1/2005                 47700             47532.28          Purchase                  124
     259106423                             0           11/1/2005                 51300             51121.78          Purchase                  124
     259106451                             0          10/15/2005                 94500             94178.04          Purchase                  124
     259106480                             0           11/1/2005                  5700              5670.54          Purchase                  110
     259106499                             0          10/15/2005                 76000              75669.1          Purchase                  124
     259106502                             0          10/15/2005                209950            209271.33          Purchase                  124
     259106520                             0           11/1/2005                 15800             15700.78          Purchase                  110
     259106527                             0           11/4/2005                  6000              5962.51          Purchase                  110
     259106534                             0          11/15/2005                 36800             36668.45          Purchase                  124
     259106538                             0          10/15/2005                126000            125181.55          Purchase                  124
     259106562                             0          11/10/2005                  5000              4959.62          Purchase                  110
     259106566                             0          11/13/2005                  8290              8226.89          Purchase                  110
     259106569                             0          11/12/2005               12220.3             12117.39          Purchase                  110
     259106570                             0          10/15/2005                 50400             50252.87          Purchase                  124
     259106582                             0           11/1/2005              128505.6            128167.29          Purchase                  124
     259106589                             0          12/13/2005                  7200              6830.25          Purchase                  110
     259106608                             0          11/14/2005                  7750              7705.89          Purchase                  110
     259106611                             0            2/1/2006                 18200              9234.89          Purchase                  110
     259106617                             0           11/9/2005                 14000             13726.93          Purchase                  110
     259106618                             0           11/1/2005                  6910              6866.61          Purchase                  110
     259106622                             0          10/12/2005                 19000             18872.63          Purchase                  110
     259106634                             0           11/1/2005                 13900             13794.19          Purchase                  110
     259106645                             0          11/13/2005                  9200               9140.3          Purchase                  110
     259106649                             0           11/1/2005                  8200              8132.75          Purchase                  110
     259106666                           0.5           11/6/2005                  5000               4968.8          Purchase                  110
     259106671                             0           10/1/2005                 35000             34874.85          Purchase                  124
     259106676                             0           11/1/2005                  7490                 7406          Purchase                  110
     259106689                             0           11/1/2005                 35550             35448.61          Purchase                  124
     259106691                             0           10/1/2005                 88245              87896.6          Purchase                  153
     259106702                             0           11/1/2005                 55120             54867.63          Purchase                  124
     259106704                             0           12/1/2005                  7500               7455.8          Purchase                  110
     259106705                             0           10/1/2005                  9805              9735.01          Purchase                  110
     259106707                             0           11/1/2005                  8100              8055.29          Purchase                  110
     259106712                             0           12/1/2005                 77600             77219.82          Purchase                  124
     259106719                             0          11/13/2005                 18000             17786.86          Purchase                  110
     259106721                             0           11/1/2005                 45600             45403.75          Purchase                  124
     259106725                             0           10/1/2005                 14100              14016.9          Purchase                  110
     259106730                             0           11/1/2005                  8990              8936.73          Purchase                  110
     259106733                             0           11/1/2005                 82350             82121.19          Purchase                  124
     259106743                             0          10/15/2005                 37575             37500.15          Purchase                  124
     259106745                             0           11/1/2005                  9490              9378.61          Purchase                  110
     259106747                             0           11/1/2005                 13780             13687.62          Purchase                  110
     259106760                             0           10/1/2005                 12400             12323.12          Purchase                  110
     259106771                             0          11/13/2005                 12490             12340.19          Purchase                  110
     259106773                             0          10/15/2005                 10300             10244.99          Purchase                  110
     259106781                             0           11/1/2005                 14700              14608.3          Purchase                  110
     259106783                             0           11/1/2005                 28400             28222.83          Purchase                  110
     259106791                             0           11/1/2005                  9200               9142.2          Purchase                  110
     259106801                             0           11/1/2005                 21800             21634.08          Purchase                  110
     259106804                             0           11/1/2005                 12490             12415.51          Purchase                  110
     259106815                             0           11/1/2005                  9650               9585.7          Purchase                  110
     259106817                             0          11/15/2005                 48800             48623.74          Purchase                  124
     259106819                             0           11/1/2005                 11400             11332.79          Purchase                  110
     259106838                             0          11/15/2005                 47700             47593.12          Purchase                  124
     259106839                             0          10/15/2005                142000            141456.83          Purchase                  124
     259106843                             0           11/1/2005                 54000              53886.7          Purchase                  124
     259106857                             0           11/1/2005                 12100             11913.23          Purchase                  110
     259106871                             0           10/1/2005                  5000              4973.33          Purchase                  110
     259106878                             0           11/1/2005                 35500             35277.12          Purchase                  110
     259106882                             0           11/1/2005                 13790             13655.08          Purchase                  110
     259106906                             0           10/1/2005                142400             141905.4          Purchase                  124
     259106907                             0           11/9/2005                  7200              7159.26          Purchase                  110
     259106913                             0           11/1/2005                 98400             97978.19          Purchase                  124
     259106914                             0           11/1/2005                 24600             24499.05          Purchase                  110
     259106925                             0          10/13/2005                 33000             32800.13          Purchase                  110
     259106933                             0          10/13/2005                 12290             12191.94          Purchase                  110
     259106942                             0          11/15/2005                  6450              6389.29          Purchase                  110
     259106945                             0          11/15/2005                  5000              4982.51          Purchase                  110
     259106951                             0          11/15/2005                 15001             14935.18          Purchase                  110
     259106954                             0            1/1/2006                  7490              7154.88          Purchase                  110
     259106958                             0          10/13/2005                  5690              5659.58          Purchase                  110
     259106963                             0           11/1/2005                116100            115594.99          Purchase                  124
     259106965                             0           11/1/2005                  6990              6927.65          Purchase                  110
     259106971                             0          11/15/2005                 12200             12139.76          Purchase                  110
     259106991                             0          11/15/2005                 66400             66237.37          Purchase                  124
     259107002                             0           11/1/2005                  5000              4975.76          Purchase                  110
     259107015                             0           10/1/2005                 35600             35443.84          Purchase                  110
     259107018                             0           11/1/2005                 47900             47788.55          Purchase                  124
     259107037                             0           11/1/2005                 54000              53884.9          Purchase                  124
     259107041                             0          10/15/2005                  5000              4982.48          Purchase                  110
     259107048                             0          10/15/2005                141200            140670.15          Purchase                  124
     259107049                             0          10/14/2005                 35300              35144.1          Purchase                  110
     259107052                             0           11/1/2005                 67500             67281.05          Purchase                  124
     259107054                             0           11/1/2005                132000            131540.84          Purchase                  124
     259107055                             0           10/1/2005                  5570              5547.08          Purchase                  110
     259107056                             0           11/1/2005                 13800             13725.07          Purchase                  110
     259107058                             0           11/1/2005                 33000             32698.72          Purchase                  110
     259107065                             0           11/1/2005                 15001             14925.98          Purchase                  110
     259107066                             0           11/1/2005                  8150              8083.66          Purchase                  110
     259107067                             0           11/1/2005                 22500             22379.98          Purchase                  110
     259107077                             0           10/1/2005                 32000             31911.97          Purchase                  124
     259107080                             0           10/1/2005                 16000             15919.96          Purchase                  110
     259107107                             0          11/15/2005                150000            149776.88          Purchase                  124
     259107117                             0          11/15/2005                 47700             47612.16          Purchase                  124
     259107119                             0           12/1/2005                 27200             27154.97          Purchase                  124
     259107123                             0           11/1/2005                  9850              9798.45          Purchase                  110
     259107127                           0.5           11/1/2005                  6000              5976.04          Purchase                  110
     259107128                           0.5          11/15/2005                 39610             39576.53          Purchase                  124
     259107133                             0           11/7/2005                 40000             39783.23          Purchase                  110
     259107135                           0.5            2/1/2006                202050            201525.15          Purchase                  110
     259107143                             0           11/1/2005                 97750             97448.11          Purchase                  124
     259107148                             0            1/1/2006                  6900              6416.04          Purchase                  110
     259107154                             0           11/1/2005                 37800             37727.19          Purchase                  124
     259107168                             0           12/1/2005                 67410             67300.97          Purchase                  124
     259107170                             0          10/15/2005                104400             104212.4          Purchase                  124
     259107172                             0           11/1/2005                 11500             11441.75          Purchase                  110
     259107181                             0           11/7/2005                  5000               4982.4          Purchase                  110
     259107188                             0           11/1/2005                107910            107618.58          Purchase                  124
     259107201                             0           11/1/2005                 85500             85154.56          Purchase                  124
     259107211                             0           11/1/2005                 41400             41275.23          Purchase                  124
     259107220                             0           11/1/2005                 39200             39116.45          Purchase                  124
     259107224                             0           11/1/2005                 56700             56597.43          Purchase                  124
     259107228                             0           11/1/2005                 67417             67233.15          Purchase                  124
     259107229                           0.5           11/1/2005                 16855             16792.28          Purchase                  110
     259107236                             0           11/1/2005                 92700             92502.43          Purchase                  124
     259107240                             0           11/1/2005                 45900             45803.13          Purchase                  124
     259107244                             0          10/15/2005                 26950             26854.48          Purchase                  110
     259107254                             0           11/1/2005                 54400              54247.3          Purchase                  124
     259107260                             0          11/15/2005                 67500             67383.43          Purchase                  124
     259107270                             0           11/1/2005                 88650             88469.97          Purchase                  124
     259107274                           0.5           11/1/2005                  5100              5084.37          Purchase                  110
     259107277                           0.5           11/2/2005                  7500              7466.03          Purchase                  110
     259107286                           0.5           11/1/2005                  9850              9819.01          Purchase                  110
     259107297                             0           12/1/2005                 64000             63809.98          Purchase                  124
     259107298                             0           11/1/2005                 62910             62775.92          Purchase                  124
     259107299                           0.5          11/15/2005                 54400             54297.47          Purchase                  124
     259107307                             0           11/1/2005                 74400             74191.15          Purchase                  124
     259107311                             0          11/15/2005                 37900             37848.85          Purchase                  124
     259107315                             0           11/1/2005                 49500              49377.3          Purchase                  124
     259107316                             0           11/1/2005                 36900             36815.95          Purchase                  124
     259107323                             0           11/1/2005                135000            134669.79          Purchase                  124
     259107325                           0.5           11/1/2005                  9500              9437.37          Purchase                  110
     259107326                             0           11/1/2005                 88200              88005.9          Purchase                  124
     259107329                             0           12/1/2005                129510            129131.63          Purchase                  124
     259107337                             0           11/1/2005                126000             125818.4          Purchase                  124
     259107350                             0           12/1/2005                 55000             54802.94          Purchase                  110
     259107367                           0.5           11/1/2005                  5500              5464.94          Purchase                  110
     259107369                           0.5           11/1/2005                  9800              9771.91          Purchase                  110
     259107371                           0.5           11/9/2005                  5700              5688.11          Purchase                  110
     259107377                           0.5          11/11/2005                  5000              4988.83          Purchase                  110
     259107381                           0.5           12/1/2005                  6990              6966.32          Purchase                  110
     259107389                           0.5           12/4/2005                  5000              4991.13          Purchase                  110
     259107401                           0.5           11/1/2005                165600            165290.92          Purchase                  124
     259107422                           0.5          11/10/2005                  6400              6385.13          Purchase                  110
     259107426                           0.5          11/15/2005                  8250              8224.91          Purchase                  110
     259107429                           0.5           11/1/2005                  8500               8485.4          Purchase                  110
     259107456                           0.5           11/1/2005                  6000               5988.2          Purchase                  110
     259107493                           0.5           11/1/2005                  5000              4975.15          Purchase                  110
     259107499                           0.5          11/15/2005                  7400               7394.4          Purchase                  110
     259107517                           0.5           11/1/2005                 40500             40453.21          Purchase                  124
     259107527                           0.5           11/1/2005                116720            116508.39          Purchase                  124
     259107529                           0.5           11/1/2005                  8550              8534.01          Purchase                  110
     259107551                           0.5           12/1/2005                  5750                 5718          Purchase                  110
     259107555                           0.5           11/1/2005                 45000             44932.99          Purchase                  124
     259107559                           0.5           11/1/2005                  8990              8981.98          Purchase                  110
     259107570                           0.5           11/1/2005                  8500              8494.09          Purchase                  110
     259107583                           0.5           12/1/2005                  6325              6318.04          Purchase                  110
     259107614                           0.5           12/8/2005                  9750              9730.05          Purchase                  110
     259107615                           0.5          11/15/2005                 39920             39891.82          Purchase                  124
     259107616                           0.5           11/1/2005                  5000              4989.55          Purchase                  110
     259107680                           0.5          11/15/2005                139920            139754.88          Purchase                  124
     259107683                           0.5           11/8/2005                 11475             11471.08          Purchase                  110
     259107757                           0.5          11/15/2005                  5500              5487.03          Purchase                  110
     259212447                             0           11/1/2005                 40000              39869.1          Cash Out Refinance        124
     259212448                             0          10/14/2005                 83000             82809.65          Cash Out Refinance        110
     259212825                             0          10/15/2005                177000            176506.11          Cash Out Refinance        124
     259212936                             0           11/1/2005                 35000              34961.5          Cash Out Refinance        110
     259213040                             0           11/1/2005                 40000             39792.32          Cash Out Refinance        110
     259213076                             0          11/13/2005                108000            107814.53          Cash Out Refinance        115
     259213117                             0          11/15/2005                 41000             40850.66          Cash Out Refinance        124
     259213304                           0.5           12/1/2005             104838.22            104797.88          Cash Out Refinance        124
     259213314                             0           11/1/2005                 55000             54943.44          Cash Out Refinance        110
     259213391                             0           10/1/2005                 35000             34897.01          Cash Out Refinance        110
     259213430                             0           11/1/2005                112500            112228.09          Cash Out Refinance        124
     259213515                             0          11/13/2005                 87000              86698.2          Cash Out Refinance        110
     259213520                             0           11/1/2005                 67000             66860.01          Cash Out Refinance        110
     259213557                             0          11/15/2005                369000             368498.1          Cash Out Refinance        124
     259213633                           0.5          11/15/2005                 80800             80703.91          Cash Out Refinance        124
     259213635                           0.5           12/1/2005                 74700             74634.33          Cash Out Refinance        124
     259213637                             0           11/1/2005                 50000              49884.5          Cash Out Refinance        124
     259213667                           0.5          11/15/2005                121500             121194.8          Cash Out Refinance        124
     259213722                             0          11/15/2005                 63000             62864.65          Cash Out Refinance        124
     259213749                           0.5          11/15/2005                111000            110873.12          Cash Out Refinance        124
     259213792                           0.5          10/15/2005                 35000             34977.51          Cash Out Refinance        124
     259213833                           0.5          11/15/2005              124759.5            124600.44          Cash Out Refinance        124
     259213847                           0.5           10/1/2005                 35000             34968.56          Cash Out Refinance        124
     259213849                           0.5           11/1/2005                335000            334544.35          Cash Out Refinance        124
     259214007                           0.5           11/1/2005                281715            281223.75          Cash Out Refinance        124
     259214018                           0.5          11/15/2005                252000             251873.4          Cash Out Refinance        124
     259408543                             0           11/1/2005                 87575             87314.07          Cash Out Refinance        124
     259408651                             0           11/1/2005                136800            135920.55          Cash Out Refinance        124
     259408657                             0           11/1/2005              87232.36             86143.28          Cash Out Refinance        124
     259408664                             0           11/1/2005                 50000             49778.07          Purchase                  120
     259408804                             0           11/1/2005                189122            188411.38          Cash Out Refinance        124
     259408819                             0           11/1/2005                 70000              69855.4          Purchase                  124
     259408872                             0           11/1/2005                292500            291745.85          Cash Out Refinance        124
     259408876                             0           10/1/2005               75231.2             75063.22          Cash Out Refinance        124
     259408892                             0           10/1/2005                132050            131745.91          Rate/Term Refinance       124
     259408902                             0           10/5/2005               73245.9              72928.8          Rate/Term Refinance       110
     259408906                             0           11/1/2005               93204.7              93072.3          Rate/Term Refinance       110
     259408972                             0           11/1/2005                 72441             72240.37          Cash Out Refinance        124
     259409012                             0          10/15/2005                 81000             80876.41          Cash Out Refinance        124
     259409074                             0           11/1/2005                125800            125475.89          Cash Out Refinance        124
     259409122                             0           11/1/2005                 50000             49738.62          Cash Out Refinance        110
     259409135                             0           10/1/2005                 35000             34471.36          Cash Out Refinance        110
     259409155                             0           11/1/2005             477210.31            475968.32          Rate/Term Refinance       153
     259409170                             0           11/1/2005                 69000             68716.41          Cash Out Refinance        110
     259409227                             0           11/1/2005               74014.5             73779.06          Cash Out Refinance        110
     259409249                             0           11/1/2005                415400            414477.78          Cash Out Refinance        124
     259409289                             0           11/1/2005                289568            288975.25          Cash Out Refinance        124
     259409340                             0          10/15/2005                134800            134649.08          Rate/Term Refinance       110
     259409362                             0           11/1/2005                115200             114968.9          Rate/Term Refinance       124
     259409376                             0           10/1/2005                 62500             62429.53          Cash Out Refinance        110
     259409386                             0           11/8/2005                 65000             64861.58          Cash Out Refinance        110
     259409437                             0           10/1/2005                 85500             85372.81          Cash Out Refinance        124
     259409445                             0          11/15/2005                 82800             82669.13          Cash Out Refinance        124
     259409459                             0           11/9/2005                 50000             49920.58          Cash Out Refinance        110
     259409554                           0.5           11/1/2005               58818.5             58721.78          Cash Out Refinance        124
     259409613                           0.5           11/1/2005              192352.5            191761.76          Cash Out Refinance        153
     259500098                           0.5           10/1/2005                 49343             49305.09          Cash Out Refinance        124
     259500110                           0.5          11/15/2005              106862.5            106668.74          Rate/Term Refinance       124
     259500122                           0.5           11/1/2005              91720.35             91628.41          Cash Out Refinance        124
     259500145                           0.5          11/15/2005                206400            206014.78          Rate/Term Refinance       124
     259500161                           0.5           11/1/2005              155509.4             155316.4          Cash Out Refinance        124
     259500220                           0.5          11/15/2005                 66100             66065.73          Cash Out Refinance        124
     259500259                           0.5          11/14/2005                 60000             59985.96          Cash Out Refinance        110
     259609675                             0           11/1/2005                 50000             49601.72          Cash Out Refinance        110
     259609981                             0          10/15/2005               60367.5             60242.66          Cash Out Refinance        124
     259610046                             0           10/1/2005                106000            105825.58          Cash Out Refinance        124
     259610152                             0           11/1/2005                 72250             72091.96          Cash Out Refinance        124
     259610191                             0           11/1/2005               94960.5             94795.81          Cash Out Refinance        124
     259610227                             0           11/1/2005                 93000             92898.05          Cash Out Refinance        124
     259610330                             0           10/1/2005                163000            162752.41          Cash Out Refinance        124
     259610473                           0.5           12/1/2005                 80000             79547.14          Cash Out Refinance        110
     259610505                           0.5           11/1/2005                220000            219758.25          Cash Out Refinance        124
     259610514                           0.5           11/1/2005                276000            275474.88          Cash Out Refinance        124
     259610537                           0.5          11/15/2005                280650            280496.38          Cash Out Refinance        124
     259610586                           0.5          11/15/2005                108000            107912.71          Cash Out Refinance        124
     259610631                           0.5           11/1/2005                200000            199619.47          Cash Out Refinance        124
     259610719                           0.5           11/1/2005                 93700             93658.45          Cash Out Refinance        124
     259700061                             0          11/22/2005                168000            167693.41          Cash Out Refinance        124
     259700066                             0          10/22/2005                350000            349359.45          Cash Out Refinance        124
     259700067                             0          10/21/2005                129000            128755.61          Rate/Term Refinance       124
     259700071                             0          11/22/2005                 67950             67840.55          Cash Out Refinance        110
     259700073                             0          11/21/2005                 62000             61891.21          Cash Out Refinance        124
     259700076                             0          10/23/2005                124000            123782.46          Cash Out Refinance        110
     259700084                             0          10/22/2005                 72500             72374.13          Rate/Term Refinance       124
     259700086                             0          10/22/2005                190000            189435.15          Cash Out Refinance        124
     259700090                             0           10/8/2005                 95000             94833.33          Rate/Term Refinance       124
     259700092                             0          10/22/2005                357000            356325.58          Cash Out Refinance        124
     259700093                             0          10/22/2005                 66500             66368.05          Rate/Term Refinance       124
     259700094                             0          11/22/2005                119000            118760.58          Cash Out Refinance        124
     259700096                             0          11/22/2005                 85000             84792.02          Cash Out Refinance        124
     259700098                             0           11/1/2005                318750            317794.84          Cash Out Refinance        124
     259900386                           0.5           10/1/2005              57986.68             56003.25          Cash Out Refinance        110
     259900814                           0.5           11/1/2005                117300            111594.74          Cash Out Refinance        124
     259917041                             0           11/1/2005             138604.19            137499.45          Cash Out Refinance        124
     259917530                             0           12/1/2005                180000               180000          Purchase                  153
     259917534                             0           10/1/2005                108000            107450.41          Purchase                  124
     259917556                             0           10/1/2005                462000            459847.48          Cash Out Refinance        110
     259917562                             0           11/1/2005                273750            272244.68          Cash Out Refinance        153
     259917602                             0          10/20/2005                216000            215375.91          Cash Out Refinance        124
     259917604                             0          10/18/2005                184000            183588.75          Cash Out Refinance        124
     259917617                             0          10/18/2005                 62000                61862          Cash Out Refinance        124
     259917620                             0           11/2/2005                229500            228525.95          Cash Out Refinance        124
     259917626                             0           11/1/2005                374000            372508.54          Cash Out Refinance        124
     259917628                             0          11/18/2005                280250             279496.8          Cash Out Refinance        124
     259917629                             0          10/18/2005                170050            169522.19          Cash Out Refinance        124
     259917632                             0          11/19/2005                235000            234481.44          Cash Out Refinance        124
     259917634                             0          10/18/2005                 73625             73425.04          Cash Out Refinance        124
     259917635                             0          11/20/2005                 77900             77640.01          Rate/Term Refinance       124
     259917640                             0          10/18/2005                467500            465957.74          Cash Out Refinance        124
     259917649                             0           11/1/2005                 67200             66937.35          Cash Out Refinance        124
     259917664                             0           10/1/2005                217500            216851.98          Cash Out Refinance        110
     259917668                             0           11/1/2005                304000            302584.31          Cash Out Refinance        153
     259917680                             0           11/1/2005                 75930             75699.09          Cash Out Refinance        124
     259917693                             0           11/6/2005                131750            131749.99          Cash Out Refinance        124
     259917696                             0           10/1/2005                177000             176624.8          Cash Out Refinance        124
     259917712                             0           11/1/2005                193000            192512.94          Cash Out Refinance        110
     259917720                             0           11/1/2005                151000             150516.4          Cash Out Refinance        124
     259917723                             0           11/1/2005                228000            227355.23          Rate/Term Refinance       124
     259917728                             0           11/1/2005                141900             141433.8          Rate/Term Refinance       124
     259917734                             0           11/1/2005                323750             322771.2          Cash Out Refinance        124
     259917738                             0           10/1/2005                167000            166452.45          Cash Out Refinance        124
     259917739                             0           11/1/2005                142200            141788.05          Rate/Term Refinance       124
     259917741                             0           11/1/2005                143450            143129.75          Rate/Term Refinance       124
     259917744                             0           11/1/2005                165000            164047.32          Rate/Term Refinance       124
     259917751                             0           11/1/2005                302310            301329.53          Purchase                  124
     259917784                             0           10/1/2005                 31000             30745.68          Cash Out Refinance        110
     259917787                             0           10/1/2005                 91500             91320.73          Rate/Term Refinance       124
     259917798                             0           11/1/2005                 85930             85727.99          Cash Out Refinance        124
     259917802                             0           10/1/2005                288000            287456.44          Purchase                  124
     259917809                             0           11/1/2005                116000            115797.66          Rate/Term Refinance       153
     259917824                             0           10/1/2005                101500            101295.96          Rate/Term Refinance       124
     259917826                             0           11/1/2005                242250            241458.08          Rate/Term Refinance       124
     259917832                           0.5           10/1/2005                116300               116300          Rate/Term Refinance       124
     259917844                           0.5           11/3/2005                127000            126598.68          Cash Out Refinance        124
     259917847                           0.5          11/15/2005                172140            171891.27          Rate/Term Refinance       124
     259917857                           0.5           10/1/2005                199750            198933.84          Cash Out Refinance        124
     259917868                           0.5           11/1/2005                111600            111382.85          Cash Out Refinance        124
     259917874                           0.5           11/1/2005                 98800             98690.52          Cash Out Refinance        110
     259917881                           0.5          11/10/2005                111600            111440.37          Cash Out Refinance        124
     259917883                           0.5           11/1/2005                 96000             95863.09          Purchase                  124
     259917887                           0.5           11/1/2005                100800            100697.26          Rate/Term Refinance       124
     259917888                           0.5           11/4/2005                175000               175000          Cash Out Refinance        124
     259917889                           0.5           10/4/2005                 99750             99638.33          Cash Out Refinance        124
     259917893                           0.5           11/1/2005                111150            111000.05          Cash Out Refinance        124
     259917894                           0.5           11/1/2005                396900            396143.25          Cash Out Refinance        124
     259917896                           0.5           11/1/2005                123300            123010.69          Rate/Term Refinance       124
     259917901                           0.5           11/1/2005                265500            264723.69          Rate/Term Refinance       124
     259917915                           0.5           11/1/2005                256500            255947.88          Purchase                  124
     259917933                           0.5           11/1/2005                208000            207505.43          Cash Out Refinance        124
     259917953                           0.5           11/1/2005                100000             99852.84          Cash Out Refinance        124
     259917962                           0.5           11/1/2005                119000            118831.14          Rate/Term Refinance       124
     259917966                           0.5           10/1/2005                 75000             74835.85          Rate/Term Refinance       124
     259917974                           0.5           11/1/2005                 23000             22958.88          Cash Out Refinance        115
     259917981                           0.5           11/1/2005                 52400             52365.42          Rate/Term Refinance       115
     259918007                           0.5           11/1/2005                 39800             39767.56          Purchase                  110
     259918019                           0.5           11/7/2005                 34980             34972.36          Rate/Term Refinance       115
     259918024                           0.5           11/1/2005                 68000             67908.25          Purchase                  124
     259918058                           0.5           11/1/2005                 27000             26983.04          Cash Out Refinance        115
     259918069                           0.5          11/13/2005                 46000             45986.84          Rate/Term Refinance       115
     281200190                             0           11/1/2005                180980               180531          Cash Out Refinance        124
     281200237                             0           11/6/2005                 29200             29111.14          Cash Out Refinance        110
     281200238                             0          10/12/2005                 34600             34573.13          Cash Out Refinance        115
     281200257                             0           11/1/2005                 52500             52373.91          Cash Out Refinance        110
     281200277                             0           11/1/2005                352911            352194.41          Rate/Term Refinance       153
     281200289                             0          10/15/2005               50674.4             50613.08          Rate/Term Refinance       153
     281200292                           0.5           12/1/2005                151000            150712.69          Cash Out Refinance        124
     281200308                           0.5          11/15/2005                100000             99813.36          Rate/Term Refinance       124
     281200319                           0.5           11/1/2005              271858.2            271491.41          Cash Out Refinance        124
     281200378                           0.5           12/1/2005                119686            119578.51          Cash Out Refinance        124
     281200428                           0.5           11/1/2005                196000            195627.07          Rate/Term Refinance       124
     281200549                           0.5           12/1/2005                 90800             90755.33          Cash Out Refinance        124
     281300034                             0           11/1/2005                104000            103765.59          Cash Out Refinance        124
     281300062                             0           11/2/2005               68695.9             68456.17          Cash Out Refinance        110
     281300077                             0          10/15/2005                225320            224684.08          Cash Out Refinance        124
     281300143                             0           10/1/2005                418548            417512.39          Cash Out Refinance        124
     281300169                             0           11/7/2005              45384.36             45230.76          Cash Out Refinance        110
     281300200                             0          10/15/2005                115500            115196.63          Cash Out Refinance        124
     281300217                             0           11/1/2005                 45144             45102.17          Cash Out Refinance        115
     281300227                             0           11/1/2005                 34800             34759.12          Cash Out Refinance        115
     281300230                             0           11/1/2005                200000            199560.79          Cash Out Refinance        124
     281300268                             0           10/1/2005              101348.8             101162.9          Cash Out Refinance        124
     281300274                             0           11/1/2005              176455.5            176112.12          Cash Out Refinance        124
     281300300                             0           11/1/2005                115000            114734.55          Cash Out Refinance        124
     281300305                             0           10/1/2005                257568            257277.61          Rate/Term Refinance       124
     281300328                             0           11/1/2005             144905.55            144721.63          Cash Out Refinance        110
     281300331                           0.5          11/15/2005               78509.6             78436.81          Cash Out Refinance        110
     281300380                           0.5          10/15/2005              179749.5            179584.61          Cash Out Refinance        124
     281300478                           0.5           11/1/2005              145333.3            145094.34          Cash Out Refinance        124
     281300492                           0.5          11/15/2005                225568            225470.32          Cash Out Refinance        124
     281400081                           0.5           10/1/2005               68416.5             68361.05          Cash Out Refinance        124
     281400133                           0.5          11/15/2005             108407.02            108292.32          Cash Out Refinance        124
     281500019                             0          10/15/2005                 81441             81356.22          Cash Out Refinance        124
     281500027                             0           10/1/2005                 62343             62235.69          Cash Out Refinance        124
     281500068                             0           10/1/2005                170980             170750.7          Rate/Term Refinance       124
     281800087                             0           11/1/2005                141500            141200.02          Cash Out Refinance        124
     281800176                             0           11/1/2005                112100            111682.52          Cash Out Refinance        124
     281800353                             0          11/15/2005                350000            349334.07          Cash Out Refinance        124
     281800354                             0          10/15/2005               69246.9             69172.07          Cash Out Refinance        124
     281800367                             0          10/15/2005                104637            104463.24          Cash Out Refinance        124
     281800383                           0.5          11/12/2005                 25000             24882.69          Cash Out Refinance        110
     281800392                           0.5           11/1/2005                 50000             49954.61          Cash Out Refinance        124
     281800401                           0.5          10/15/2005              121811.4            121618.86          Cash Out Refinance        124
     281800443                           0.5           11/1/2005                341750            341375.25          Cash Out Refinance        124
     281800445                           0.5          11/15/2005              248714.1            248440.78          Cash Out Refinance        124
     281800580                           0.5          11/15/2005                150000            149922.23          Cash Out Refinance        124
     281900035                             0           11/1/2005               58818.5             58681.75          Cash Out Refinance        124
     281900132                             0           11/1/2005                103575            103394.36          Cash Out Refinance        124
     281900200                           0.5          11/15/2005                101600            101426.25          Rate/Term Refinance       124
     281900251                             0           11/1/2005                 50000             49765.18          Cash Out Refinance        124
     281900290                             0          11/15/2005                 50000             49880.93          Cash Out Refinance        124
     281900361                           0.5           12/1/2005              140259.5            140117.73          Rate/Term Refinance       124
     282600002                             0           11/1/2005                 50000             49903.98          Cash Out Refinance        110
     282600008                             0           10/1/2005                 35000             34962.13          Cash Out Refinance        110
     282600023                             0           11/1/2005                221960             221539.1          Cash Out Refinance        124
     282600064                           0.5            2/1/2006                 50000             41560.57          Cash Out Refinance        124
     282700059                           0.5           12/1/2005                212500               212500          Purchase                  124
     282800004                             0            1/1/2006                140250            139925.57          Cash Out Refinance        153
     282800009                           0.5           11/1/2005                132374            132030.14          Purchase                  124
     282800025                           0.5           11/1/2005                 84000             83913.47          Purchase                  124
     283401462                             0          11/15/2005               60697.9             60607.49          Cash Out Refinance        110
     283401724                             0           11/1/2005                 50000             49295.35          Cash Out Refinance        110
     283401939                             0           11/1/2005                 79500             79164.86          Cash Out Refinance        110
     283402128                             0          10/15/2005                 22600             22519.44          Cash Out Refinance        110
     283402140                             0           11/1/2005                 56392              56321.2          Cash Out Refinance        110
     283402279                           0.5           10/1/2005                482940             482492.3          Cash Out Refinance        124
     283402342                             0           11/1/2005               52318.5             52231.91          Cash Out Refinance        124
     283402367                             0          11/15/2005                195000            194859.99          Cash Out Refinance        110
     283402551                           0.5           11/1/2005              139656.5            139462.66          Cash Out Refinance        124
     283402575                           0.5          11/15/2005              51721.45             51694.91          Cash Out Refinance        124
     283402661                           0.5          11/15/2005              73602.75             73560.83          Cash Out Refinance        124
     283600897                             0          10/15/2005                110000             109286.8          Cash Out Refinance        124
     283601293                             0           11/1/2005                195040            194603.04          Rate/Term Refinance       124
     283601348                             0           11/1/2005                126000             125707.4          Cash Out Refinance        124
     283601429                             0           11/1/2005                 31000              30963.7          Cash Out Refinance        115
     283601518                             0          11/15/2005                112000            111818.88          Cash Out Refinance        124
     283601549                           0.5           12/1/2005                 67200             67077.93          Rate/Term Refinance       124
     283601638                           0.5           12/1/2005               52088.1             51963.01          Cash Out Refinance        124
     283601745                           0.5          11/15/2005              76224.03             75548.16          Cash Out Refinance        124
     283601865                           0.5           11/1/2005              127979.1            127883.55          Rate/Term Refinance       124
     283902061                             0          11/15/2005                153882            153538.07          Cash Out Refinance        124
     283902084                             0          11/15/2005               68695.9             68539.31          Cash Out Refinance        124
     283902124                             0           11/1/2005              200048.5             199585.9          Rate/Term Refinance       124
     283902291                             0          10/15/2005                170000            169665.06          Cash Out Refinance        124
     283902466                             0           11/1/2005               71715.5             71623.52          Cash Out Refinance        110
     283902515                             0          11/15/2005                301500            300989.18          Cash Out Refinance        124
     283902583                             0           10/1/2005                 72000             71847.93          Cash Out Refinance        124
     283902609                             0          11/15/2005                118800             118635.1          Cash Out Refinance        124
     283902653                             0          10/15/2005                 91500             91388.51          Rate/Term Refinance       124
     283902656                           0.5          11/15/2005                256470            255982.01          Cash Out Refinance        153
     283902670                             0          11/15/2005                205000            204699.76          Cash Out Refinance        124
     283902694                             0          10/15/2005                375000            374286.51          Cash Out Refinance        124
     283902737                             0          10/15/2005                216000            215589.03          Cash Out Refinance        124
     283902746                           0.5           11/1/2005               70960.6             70773.96          Cash Out Refinance        124
     283902829                           0.5           11/1/2005                340170            339668.54          Cash Out Refinance        124
     284104740                             0           11/1/2005                 40635             40383.15          Cash Out Refinance        110
     284104897                             0           10/1/2005                115000            114681.88          Cash Out Refinance        124
     284105032                             0          10/15/2005                 94000             93928.89          Cash Out Refinance        124
     284105082                           0.5           12/1/2005                 25000             24993.81          Cash Out Refinance        110
     284105086                           0.5           10/1/2005               52088.1             52022.84          Cash Out Refinance        124
     284105138                           0.5           12/1/2005               56103.8             56057.54          Rate/Term Refinance       124
     284105210                           0.5          11/15/2005                221000            220879.03          Cash Out Refinance        124
     284105257                           0.5           11/1/2005                201225            201006.62          Cash Out Refinance        124
     284105265                           0.5           11/1/2005                 98235             98156.57          Rate/Term Refinance       124
     284105321                           0.5          11/15/2005               43197.9             43107.24          Cash Out Refinance        110
     284205609                             0          10/15/2005              110397.8            109985.03          Cash Out Refinance        124
     284205709                             0           11/1/2005              366126.5            364681.06          Cash Out Refinance        124
     284205860                             0           11/1/2005              65570.83              65329.3          Cash Out Refinance        124
     284206030                             0          11/15/2005                 50000             49883.62          Cash Out Refinance        124
     284206036                             0          10/15/2005                 90000             89822.66          Cash Out Refinance        124
     284206066                             0           11/1/2005                 50000             49900.69          Cash Out Refinance        124
     284206090                             0           11/1/2005                 45000             44787.66          Cash Out Refinance        110
     284206279                             0          11/15/2005                100000             99917.97          Purchase                  115
     284206286                           0.5          10/15/2005                 52000             51950.56          Cash Out Refinance        124
     284206305                           0.5           11/1/2005               57008.7             56921.23          Cash Out Refinance        124
     284206339                           0.5           10/1/2005               60367.5             60317.09          Rate/Term Refinance       124
     284206364                           0.5           11/1/2005                 98137             97911.15          Cash Out Refinance        124
     284206455                           0.5           11/1/2005              422410.5             421714.6          Cash Out Refinance        124
     284305934                             0           11/1/2005                137000            136483.74          Cash Out Refinance        124
     284306009                             0          10/15/2005                 35000             34673.11          Cash Out Refinance        110
     284306136                             0           11/1/2005                 35000             34814.04          Cash Out Refinance        110
     284306139                             0          10/15/2005                 65000             64893.02          Cash Out Refinance        124
     284306219                             0          10/15/2005               74201.8             74034.38          Cash Out Refinance        124
     284306235                             0          10/15/2005                 29200             29100.91          Cash Out Refinance        110
     284306292                             0           11/9/2005                 50000             49240.49          Cash Out Refinance        110
     284306373                             0           11/1/2005                 84000             83771.81          Cash Out Refinance        124
     284306407                             0           11/1/2005                372000            370728.92          Rate/Term Refinance       124
     284306544                             0          10/15/2005                 16400             16358.04          Cash Out Refinance        110
     284306607                             0          10/15/2005                148715            148404.37          Cash Out Refinance        124
     284306642                             0           11/1/2005              122161.5            121997.57          Cash Out Refinance        124
     284306735                             0           11/1/2005              330288.5            329471.54          Cash Out Refinance        124
     284306818                           0.5          11/15/2005                 59900             59867.21          Cash Out Refinance        124
     284306829                             0          10/15/2005                 90000             89683.76          Cash Out Refinance        110
     284306909                           0.5           11/1/2005                 95000             94890.28          Cash Out Refinance        124
     284306964                           0.5           11/1/2005              207222.1             206897.2          Cash Out Refinance        124
     284307036                           0.5          11/15/2005                220000            219806.84          Cash Out Refinance        124
     284307097                           0.5           11/1/2005                131700            131569.92          Rate/Term Refinance       124
     284406476                             0           11/1/2005               71487.1             71071.39          Cash Out Refinance        124
     284406520                             0           11/1/2005              64448.13              63949.5          Cash Out Refinance        110
     284406789                             0          10/15/2005              142974.2            142487.11          Rate/Term Refinance       124
     284407070                             0           11/1/2005               95014.5             94732.57          Rate/Term Refinance       124
     284407093                             0           11/1/2005             122747.25            122383.05          Rate/Term Refinance       124
     284407360                             0          10/15/2005                183729            183432.81          Cash Out Refinance        124
     284407600                           0.5          11/14/2005                 22200             22196.33          Cash Out Refinance        110
     284506491                             0           11/1/2005                 55000             54948.26          Cash Out Refinance        115
     284506589                             0          11/15/2005                 50000             49897.27          Cash Out Refinance        124
     284506665                             0           10/1/2005                 72000             71855.55          Rate/Term Refinance       124
     284506685                             0           11/1/2005                115223            114959.63          Rate/Term Refinance       120
     284506764                             0           11/1/2005                193176            192743.19          Cash Out Refinance        120
     284506771                             0           10/1/2005              254276.9            253678.21          Cash Out Refinance        124
     284506774                             0           11/1/2005                108500            108335.18          Cash Out Refinance        124
     284506828                             0           11/1/2005                102588            102305.54          Cash Out Refinance        153
     284506835                             0           1/19/2006                 18000             17951.42          Cash Out Refinance        115
     284506853                             0           11/1/2005              122250.7            122044.62          Cash Out Refinance        124
     284602622                             0          10/15/2005                 92500             92345.66          Purchase                  124
     284602630                             0          10/15/2005                124000            123811.64          Cash Out Refinance        124
     284602731                             0           11/1/2005              248847.5            248146.46          Cash Out Refinance        124
     284602742                             0           10/1/2005               61552.8             61420.36          Rate/Term Refinance       124
     284602744                           0.5          11/15/2005                160980            160712.69          Cash Out Refinance        124
     284602902                           0.5           11/1/2005                277000               277000          Cash Out Refinance        124
     284602920                             0           11/1/2005                162882            162517.07          Cash Out Refinance        124
     284602954                           0.5          10/13/2005                110000            109873.76          Cash Out Refinance        110
     284704809                             0          10/15/2005                 35000             34457.87          Cash Out Refinance        110
     284705215                             0           11/1/2005                 35000             34690.99          Cash Out Refinance        110
     284705736                             0          10/15/2005                200000            199495.01          Cash Out Refinance        124
     284705767                             0          10/15/2005                 25000             24871.33          Cash Out Refinance        110
     284705823                             0          11/15/2005               77821.4             77541.25          Cash Out Refinance        124
     284705909                             0          10/15/2005                137000            136657.55          Cash Out Refinance        124
     284705918                             0          10/15/2005                176000            175371.51          Cash Out Refinance        124
     284706042                             0           11/8/2005                 50000             49798.61          Cash Out Refinance        110
     284706080                             0          10/15/2005                210078            209479.12          Cash Out Refinance        124
     284706112                             0          11/15/2005               68772.4             68650.33          Cash Out Refinance        124
     284706153                             0           11/1/2005                 51000             50759.48          Cash Out Refinance        110
     284706187                             0          10/15/2005              185504.5            185185.25          Cash Out Refinance        124
     284706197                             0          10/15/2005               92563.5             92356.11          Cash Out Refinance        124
     284706205                             0          10/15/2005              294092.5            293734.91          Cash Out Refinance        124
     284706250                             0          10/15/2005                 36000             35916.35          Cash Out Refinance        110
     284706289                             0           11/1/2005                235274            234782.59          Rate/Term Refinance       124
     284706293                             0           11/1/2005              67964.55             67818.22          Cash Out Refinance        124
     284706322                           0.5           11/1/2005                 98500             98424.02          Rate/Term Refinance       124
     284706434                           0.5           12/1/2005                119200            118947.91          Rate/Term Refinance       124
     284706552                           0.5          11/15/2005                 85000             84957.66          Cash Out Refinance        124
     284806125                             0           11/1/2005               37350.7             37037.82          Rate/Term Refinance       110
     284806154                             0           12/1/2005                169029            168137.91          Cash Out Refinance        124
     284806221                             0           11/1/2005                365000            363969.09          Rate/Term Refinance       124
     284806245                             0           11/1/2005                171931            171536.03          Rate/Term Refinance       124
     284806313                             0          10/15/2005                 35000             34830.54          Cash Out Refinance        110
     284806543                             0           12/1/2005                 35000             34859.34          Cash Out Refinance        110
     284806565                             0           11/1/2005                588000            586542.73          Cash Out Refinance        124
     284806578                             0           11/1/2005               95014.5                94818          Cash Out Refinance        124
     284806624                             0           10/1/2005               82904.7             82790.85          Cash Out Refinance        124
     284806635                             0          10/15/2005                121000            120878.48          Cash Out Refinance        124
     284904952                             0           11/1/2005              132509.5            132058.97          Cash Out Refinance        124
     284905181                             0          10/15/2005                 18000             17881.98          Purchase                  110
     284905276                             0           11/1/2005                200000            199441.85          Rate/Term Refinance       124
     284905288                             0          10/15/2005                 35000             34906.84          Cash Out Refinance        110
     284905353                             0          11/11/2005                 82000             81609.69          Cash Out Refinance        110
     284905364                             0           11/1/2005                 35000             34770.34          Cash Out Refinance        110
     284905394                             0           11/1/2005               79631.2             79495.89          Cash Out Refinance        124
     284905468                             0          10/15/2005                 35000              34862.9          Cash Out Refinance        110
     284905507                             0          10/15/2005                 35000             34834.01          Cash Out Refinance        110
     284905623                             0           11/1/2005                 50000             49883.54          Cash Out Refinance        124
     284905673                             0           11/1/2005                289764               288887          Cash Out Refinance        124
     284905724                             0           11/1/2005                 51000             50634.48          Cash Out Refinance        110
     284905742                             0           11/1/2005                125000             124733.6          Cash Out Refinance        124
     284905873                             0           10/1/2005                144784            144586.09          Rate/Term Refinance       124
     284905893                             0           11/1/2005              122161.5            121926.19          Cash Out Refinance        124
     284905909                           0.5          11/15/2005              182712.3            182572.58          Rate/Term Refinance       124
     284905963                             0          11/15/2005                268000            267490.08          Cash Out Refinance        124
     284905982                           0.5           11/1/2005               69246.9             69153.58          Cash Out Refinance        124
     284906001                           0.5           11/1/2005                149100            148955.81          Rate/Term Refinance       124
     284906014                             0          10/15/2005              118407.6            118277.75          Cash Out Refinance        124
     285003265                             0           11/1/2005                126300            125618.81          Cash Out Refinance        124
     285003307                             0           11/1/2005                 15000              14903.3          Cash Out Refinance        110
     285003516                             0          10/15/2005                188725            188451.51          Cash Out Refinance        124
     285003621                             0           11/1/2005               35159.4             34970.96          Cash Out Refinance        110
     285003650                             0          11/15/2005                 66600             66311.99          Cash Out Refinance        110
     285003766                             0           11/1/2005                 56000             55710.05          Cash Out Refinance        110
     285003926                           0.5          10/15/2005               50578.3             50540.53          Cash Out Refinance        124
     285004030                             0          10/15/2005              325179.6            324623.53          Cash Out Refinance        124
     285004040                             0          10/15/2005                143431            143195.13          Cash Out Refinance        124
     285004048                             0           11/1/2005                128800            128465.43          Rate/Term Refinance       124
     285004073                             0           11/1/2005              72092.95             71946.54          Cash Out Refinance        124
     285004115                             0           11/1/2005             142340.85            142039.33          Cash Out Refinance        124
     285004143                           0.5          11/15/2005              370072.5            369569.14          Cash Out Refinance        124
     285004148                           0.5           11/1/2005               81215.5             81154.59          Cash Out Refinance        124
     285103893                             0          11/15/2005                280000             278615.3          Rate/Term Refinance       153
     285103951                             0           11/1/2005               89343.9              89001.1          Cash Out Refinance        124
     285104265                             0           11/1/2005                241000            239511.09          Cash Out Refinance        124
     285104449                             0          11/15/2005                 95500             95395.05          Cash Out Refinance        124
     285104457                             0          10/15/2005               66057.7             65943.07          Cash Out Refinance        124
     285104458                           0.5           11/1/2005              484121.5             483260.7          Purchase                  153
     285104481                             0           11/1/2005               99646.8             99430.14          Cash Out Refinance        124
     285104658                           0.5          11/15/2005                103000            102942.55          Cash Out Refinance        124
     285203028                             0          11/15/2005                 91500             91101.63          Cash Out Refinance        124
     285203197                             0           10/1/2005                 50000             49899.87          Cash Out Refinance        124
     285203342                             0           11/1/2005              101156.6             100914.2          Cash Out Refinance        124
     285203440                             0           11/1/2005               66806.7             66651.26          Cash Out Refinance        124
     285203455                             0          10/15/2005                 35000             34850.84          Cash Out Refinance        110
     285203683                             0           11/1/2005                 84500              84337.4          Rate/Term Refinance       124
     285203685                           0.5           12/1/2005                 50000             49769.62          Cash Out Refinance        124
     285203689                             0           11/1/2005                375000            374070.63          Cash Out Refinance        124
     285203737                           0.5           12/1/2005              87266.44             87096.41          Cash Out Refinance        124
     285203783                             0           11/1/2005                 94363             94200.09          Cash Out Refinance        124
     285203813                           0.5           11/1/2005                 87600             87534.03          Cash Out Refinance        124
     285203830                             0          11/15/2005              167560.4            167376.27          Cash Out Refinance        124
     285203902                           0.5          11/15/2005                106000            105847.86          Cash Out Refinance        124
     285302635                             0           10/1/2005              149308.5            148756.06          Cash Out Refinance        124
     285302726                             0           11/1/2005                230823            229888.43          Rate/Term Refinance       124
     285302773                             0           11/1/2005              250485.7            249496.78          Rate/Term Refinance       124
     285302829                             0          10/15/2005                 53500             53405.69          Cash Out Refinance        115
     285302833                             0          10/15/2005                 35000             34964.01          Cash Out Refinance        115
     285302940                             0          10/15/2005              118423.2            118192.75          Cash Out Refinance        124
     285302956                             0           11/1/2005              253543.5            252842.18          Cash Out Refinance        124
     285303183                             0           11/1/2005                180980            180680.56          Rate/Term Refinance       124
     285303203                           0.5          11/15/2005                 61200             61006.27          Cash Out Refinance        124
     285303207                           0.5           11/1/2005                 50000             49975.66          Cash Out Refinance        124
     285303271                           0.5          11/15/2005                 54000             53929.57          Cash Out Refinance        124
     285401621                             0           12/1/2005                 35400             35058.08          Cash Out Refinance        110
     285402029                             0           11/1/2005              141166.3            140876.69          Cash Out Refinance        124
     285402055                             0          10/15/2005              140259.5            139777.81          Rate/Term Refinance       124
     285402145                             0           11/1/2005                 73600             73310.58          Rate/Term Refinance       124
     285402192                             0           11/1/2005                 35000             34965.09          Cash Out Refinance        115
     285402359                             0          10/15/2005               53858.7             53754.81          Cash Out Refinance        124
     285402387                             0          10/15/2005                117000            116623.84          Cash Out Refinance        124
     285402453                             0          10/15/2005                104000             103678.7          Rate/Term Refinance       124
     285402507                           0.5          11/15/2005              132509.5            132381.35          Cash Out Refinance        124
     285402516                             0          10/15/2005                 26000             25901.87          Cash Out Refinance        110
     285402541                             0           10/1/2005                150000            149701.32          Cash Out Refinance        124
     285402557                             0           11/1/2005               64117.5             63975.27          Cash Out Refinance        124
     285402631                             0          10/12/2005                 78000             77752.95          Cash Out Refinance        110
     285402687                           0.5           11/1/2005                 76200             76066.14          Cash Out Refinance        124
     285402712                             0           11/1/2005                 86000              85818.5          Cash Out Refinance        115
     285402810                             0           11/1/2005                289568            288739.42          Cash Out Refinance        124
     285402934                           0.5           12/1/2005                 76941              76814.2          Cash Out Refinance        124
     285402964                             0          10/15/2005               86813.5             86733.17          Cash Out Refinance        124
     285703119                             0          10/10/2005                 35290             35000.14          Cash Out Refinance        110
     285703530                             0           10/1/2005                 35000             34844.41          Cash Out Refinance        110
     285703563                             0          11/15/2005                125000            124896.95          Cash Out Refinance        110
     285703766                           0.5          11/15/2005              209450.5            208966.56          Cash Out Refinance        124
     285703853                           0.5           12/1/2005              214579.9            214334.64          Cash Out Refinance        124
     285703952                           0.5          11/15/2005                 87900                87900          Cash Out Refinance        124
     285703968                           0.5          11/13/2005                 20000             19996.14          Cash Out Refinance        110
     285800784                             0           10/1/2005                 17940             17749.41          Cash Out Refinance        110
     285900867                             0          10/15/2005               51579.3             51324.29          Cash Out Refinance        124
     285901043                             0          10/15/2005                286000            285153.16          Cash Out Refinance        124
     285901127                             0           11/1/2005                458793            457404.45          Rate/Term Refinance       124
     285901181                             0          10/15/2005                 48239             47792.52          Cash Out Refinance        110
     285901192                             0          10/15/2005                121000            120879.22          Cash Out Refinance        124
     285901263                             0           11/1/2005                373000            372317.28          Cash Out Refinance        124
     285901276                           0.5          11/15/2005                 64392             64306.46          Cash Out Refinance        124
     285901324                             0           11/1/2005                204500            203914.82          Rate/Term Refinance       124
     285901333                             0           11/1/2005              214852.5            214356.55          Cash Out Refinance        124
     285901347                             0           11/1/2005               73296.9             73148.37          Cash Out Refinance        124
     285901358                           0.5           10/1/2005              214908.3            214727.09          Rate/Term Refinance       124
     285901410                           0.5          10/15/2005                300000             299639.7          Cash Out Refinance        124
     285901425                           0.5           11/1/2005              74654.25             74585.41          Cash Out Refinance        124
     285901426                           0.5          11/15/2005                 85000             84863.92          Cash Out Refinance        153
     286001212                             0          10/15/2005                 50000             49941.24          Cash Out Refinance        124
     286001282                             0           9/15/2005                474891            472959.07          Cash Out Refinance        124
     286001418                             0           11/1/2005                 84588             84397.33          Cash Out Refinance        124
     286001419                             0           11/1/2005              77468.51             77229.34          Cash Out Refinance        124
     286001479                             0          11/15/2005               65196.9             65077.57          Cash Out Refinance        124
     286001666                             0          10/15/2005              74654.25                74506          Rate/Term Refinance       124
     286001708                             0           12/1/2005                135735            135473.52          Rate/Term Refinance       124
     286001732                             0           11/1/2005              50306.25             50241.58          Cash Out Refinance        124
     286001754                             0           11/1/2005                 50000             49864.61          Cash Out Refinance        124
     286001762                             0           11/1/2005               67537.1             67425.59          Cash Out Refinance        124
     286001770                           0.5           12/1/2005             202588.26            202254.51          Cash Out Refinance        124
     286001793                           0.5          11/15/2005               84514.5             84419.87          Cash Out Refinance        124
     286001794                             0          10/15/2005                 72392             72315.05          Cash Out Refinance        124
     286001864                           0.5           11/1/2005              129015.3            128906.63          Cash Out Refinance        124
     286001875                           0.5           11/1/2005                364000            363307.42          Cash Out Refinance        153
     286002057                           0.5           12/1/2005              121947.7             121876.8          Cash Out Refinance        124
     286101284                             0           11/1/2005              157019.2            156773.76          Rate/Term Refinance       124
     286101365                             0            2/1/2006                126000            125648.86          Rate/Term Refinance       124
     286102093                           0.5           11/1/2005              187412.5            186904.38          Cash Out Refinance        117
     286400004                             0           11/1/2005                250000            249140.11          Cash Out Refinance        124
     286400016                           0.5           11/1/2005                125600            125304.26          Purchase                  124
     286400022                           0.5           12/1/2005                250000               250000          Purchase                  124
     286400032                           0.5           12/1/2005                224000            223999.99          Purchase                  124
     286400034                           0.5           11/1/2005                226400            226000.99          Purchase                  124
     286400039                           0.5           11/1/2005                236000               236000          Purchase                  124
     286400058                           0.5           12/1/2005                 29400             29385.84          Purchase                  110
     286400062                           0.5           12/1/2005                200000            199839.26          Purchase                  124
     286400067                           0.5           11/1/2005                 35000             34987.92          Purchase                  115
     286400069                           0.5           12/1/2005                 50000             49979.02          Purchase                  110
     286600001                             0           10/1/2005                 91200             90854.45          Purchase                  124
     286600005                             0           11/1/2005                348000               348000          Purchase                  124
     286600008                             0           11/1/2005                242400            242399.99          Purchase                  124
     286600012                             0           10/1/2005                105600            105527.73          Purchase                  124
     286600015                             0           11/1/2005                 86400             86084.85          Purchase                  110
     286600017                             0           11/1/2005                211240            210936.06          Purchase                  124
     286600020                             0           11/1/2005                122742            122289.84          Purchase                  124
     286600025                             0           11/1/2005                160650            160190.59          Purchase                  153
     286600026                             0           11/1/2005                 87000             86443.11          Purchase                  110
     286600027                             0           11/1/2005                105200            104886.62          Purchase                  124
     286600030                             0           11/1/2005                364000            363694.37          Purchase                  124
     286600039                             0           10/1/2005                372000               372000          Purchase                  124
     286600040                             0           11/1/2005                104000            103740.01          Purchase                  110
     286600041                             0           11/1/2005                143120            142638.27          Purchase                  124
     286600043                             0           11/1/2005                 93000             92830.74          Purchase                  115
     286600047                             0           11/1/2005                 17890             17794.61          Purchase                  110
     286600048                             0           11/1/2005                 31700             31487.44          Purchase                  110
     286600056                             0           11/1/2005                 59600             59483.98          Rate/Term Refinance       115
     286600057                             0           10/1/2005                 96980             96607.74          Purchase                  110
     286600065                             0           11/1/2005                 26300             26176.61          Purchase                  110
     286600067                             0           11/1/2005                172000            171999.99          Purchase                  153
     286600070                             0           10/1/2005                270400               270400          Purchase                  124
     286600072                             0           11/1/2005                456000               456000          Purchase                  124
     286600073                             0           11/1/2005                102400            102146.71          Purchase                  124
     286600075                             0           11/1/2005                273750            272926.76          Purchase                  124
     286600076                             0           10/1/2005                418500               418500          Cash Out Refinance        153
     286600079                             0           10/1/2005                188000               188000          Purchase                  153
     286600085                             0           11/1/2005                 78400             78263.68          Rate/Term Refinance       153
     286600089                             0           11/1/2005                134400               134400          Purchase                  153
     286600093                             0           11/1/2005                 33600             33431.97          Purchase                  110
     286600094                             0           11/1/2005                 51780              51402.7          Purchase                  110
     286600098                             0           10/1/2005                 22800             22691.05          Purchase                  110
     286600100                             0           11/1/2005                200000               200000          Purchase                  153
     286600101                             0           11/1/2005                136000            135756.13          Cash Out Refinance        124
     286600103                             0           10/1/2005                 64000             63829.66          Cash Out Refinance        124
     286600109                           0.5           11/1/2005                352000               352000          Rate/Term Refinance       153
     286600117                           0.5           11/1/2005                220000               220000          Rate/Term Refinance       124
     286600126                           0.5           12/1/2005                165600            165504.72          Purchase                  124
     286600131                           0.5           11/1/2005                210000            209708.53          Cash Out Refinance        124
     286600133                           0.5           11/1/2005                440000            439999.67          Purchase                  153
     286600140                           0.5           12/1/2005                496000               496000          Purchase                  124
     286600145                           0.5           11/1/2005                252480               252480          Purchase                  124
     286600147                           0.5           11/1/2005                448790               448790          Purchase                  124
     286600152                           0.5           11/1/2005                128000               128000          Purchase                  153
     286600154                           0.5           12/1/2005                 73000             72749.65          Purchase                  110
     286600159                           0.5           11/1/2005                497250               497250          Rate/Term Refinance       153
     286600164                           0.5           12/1/2005                216000               216000          Purchase                  124
     286600166                           0.5           11/1/2005                352528            351824.35          Rate/Term Refinance       124
     286600168                           0.5           11/1/2005                508500               508500          Cash Out Refinance        124
     286600173                           0.5           11/1/2005                231200               231143          Purchase                  124
     286600174                           0.5           11/1/2005                 94400             94257.11          Purchase                  153
     286600176                           0.5           12/1/2005                140000            139758.24          Purchase                  124
     286600179                           0.5           11/1/2005                268000               268000          Purchase                  124
     286600180                           0.5           11/1/2005                100960            100807.27          Purchase                  124
     286600184                           0.5           11/1/2005                 74300             74199.56          Rate/Term Refinance       110
     286600185                           0.5           12/1/2005                 69560             69455.18          Purchase                  110
     286600188                           0.5           11/1/2005                 80000             79792.19          Purchase                  124
     286600233                           0.5           11/1/2005                 83700             83649.29          Purchase                  153
     286600239                           0.5           11/1/2005                180405            180258.57          Purchase                  153
     286600244                           0.5           12/1/2005                 22000             21991.25          Purchase                  110
     286600248                           0.5           12/1/2005                 22980             22919.39          Purchase                  110
     286600252                           0.5           11/1/2005                 83250             83183.75          Purchase                  153
     286600254                           0.5           11/1/2005                 47600             47578.26          Purchase                  110
     286600260                           0.5           11/1/2005                 54020             53993.43          Purchase                  115
     286700019                           0.5          11/15/2005                 98588             98448.37          Cash Out Refinance        153
     286700035                             0           11/1/2005                350625            349621.73          Rate/Term Refinance       124
     286700062                             0           11/1/2005                149000            148534.29          Cash Out Refinance        124
     286700137                             0           11/1/2005                145333            144947.74          Cash Out Refinance        153
     286700154                           0.5          11/15/2005                 59843             59741.66          Cash Out Refinance        153
     286700162                             0           11/1/2005                 56000             55885.37          Rate/Term Refinance       110
     286700190                           0.5          10/15/2005                 59843              59817.9          Rate/Term Refinance       124
     286700271                           0.5           11/1/2005                257568            257217.66          Cash Out Refinance        124
     286902648                             0           11/1/2005               72661.4             72393.73          Cash Out Refinance        124
     286902733                             0           11/1/2005              149308.5            148874.26          Rate/Term Refinance       124
     286902788                             0           11/1/2005                133000            132426.52          Cash Out Refinance        124
     286902833                             0           10/1/2005             136300.63            135965.85          Cash Out Refinance        124
     286902850                             0           10/1/2005                 28000             27896.08          Cash Out Refinance        110
     286902889                             0          10/14/2005                 35000             34784.82          Cash Out Refinance        110
     286902926                             0           11/1/2005                100000             99816.95          Cash Out Refinance        124
     286902959                             0          10/15/2005                 75000              74870.7          Cash Out Refinance        110
     286902979                             0           11/1/2005                 99000             98848.03          Cash Out Refinance        124
     286903022                             0          11/15/2005                 79900             79638.39          Cash Out Refinance        110
     286903128                             0           11/1/2005                122500            122287.02          Cash Out Refinance        124
     286903133                             0           11/1/2005               88112.5             87952.86          Cash Out Refinance        124
     286903152                             0           11/1/2005                 55000             54886.64          Cash Out Refinance        124
     286903198                             0           11/1/2005                267900            267204.12          Cash Out Refinance        124
     286903219                             0           11/1/2005                225000            224543.11          Cash Out Refinance        124
     286903223                             0          10/15/2005                 35200             35168.39          Cash Out Refinance        124
     286903236                             0           11/1/2005                 60000             59672.88          Cash Out Refinance        110
     286903272                           0.5          12/15/2005                 75490             75285.16          Rate/Term Refinance       124
     286903282                             0           11/1/2005                168000            167637.63          Cash Out Refinance        124
     286903313                             0           11/2/2005                 95400             95290.94          Cash Out Refinance        110
     286903314                             0           11/1/2005                 62800             62204.68          Cash Out Refinance        110
     286903326                           0.5          10/15/2005               52318.5              52270.5          Cash Out Refinance        124
     286903329                             0           11/1/2005                 50000             49923.25          Cash Out Refinance        110
     286903332                             0          11/15/2005               64972.4             64900.41          Cash Out Refinance        124
     286903339                             0          10/15/2005                106000            105820.49          Cash Out Refinance        153
     286903356                           0.5          11/15/2005                 45000             44952.66          Cash Out Refinance        124
     286903357                             0          11/15/2005                 99000              98836.9          Cash Out Refinance        124
     286903371                           0.5           11/1/2005                161000            160748.04          Cash Out Refinance        153
     286903389                           0.5          11/15/2005                145000             144721.5          Cash Out Refinance        124
     286903390                           0.5          10/15/2005                 46000             45957.34          Cash Out Refinance        110
     286903408                           0.5           11/1/2005                210300            209899.86          Rate/Term Refinance       124
     286903419                             0          10/15/2005                 84155             84055.78          Cash Out Refinance        124
     286903427                           0.5          11/15/2005                207000            206694.86          Cash Out Refinance        124
     286903442                             0           11/1/2005                137700            137534.39          Cash Out Refinance        124
     286903481                           0.5           11/1/2005                253000            252518.63          Cash Out Refinance        153
     286903557                           0.5          11/15/2005                209000            208609.93          Cash Out Refinance        124
     286903597                           0.5           11/1/2005                261950            261451.59          Cash Out Refinance        124
     286903832                           0.5          11/13/2005                 40000             39981.33          Cash Out Refinance        110
     287200651                             0           10/1/2005                382500             380910.8          Cash Out Refinance        124
     287200652                             0           11/1/2005                160800            159953.45          Cash Out Refinance        124
     287200669                             0           11/1/2005                172400            172368.75          Purchase                  124
     287200674                             0           11/1/2005                304000            302528.66          Purchase                  124
     287200685                             0           11/1/2005                260000            259219.34          Cash Out Refinance        120
     287200690                             0           11/1/2005                294920               294920          Cash Out Refinance        124
     287200704                             0           11/1/2005                218829            218307.61          Cash Out Refinance        124
     287200710                           0.5           12/1/2005                261600            261110.29          Purchase                  124
     287200749                           0.5           11/1/2005                508000            507051.91          Cash Out Refinance        124
     287200754                           0.5           12/1/2005                466836            465947.84          Cash Out Refinance        124
     287200771                           0.5           11/1/2005                455245            454334.59          Cash Out Refinance        124
     287200792                           0.5           11/1/2005                472800            472301.66          Purchase                  124
     287200793                           0.5           11/1/2005                441000            440999.99          Purchase                  124
     287200805                           0.5           12/1/2005                 59000             58966.05          Cash Out Refinance        110
     287301104                             0           11/1/2005                189000            188310.04          Cash Out Refinance        153
     287301181                             0           11/1/2005                300000               300000          Cash Out Refinance        124
     287301194                           0.5           11/1/2005                349000            348373.39          Cash Out Refinance        124
     287301202                             0           11/1/2005                485000               485000          Cash Out Refinance        124
     287301214                             0           11/1/2005                464000               464000          Cash Out Refinance        124
     287301216                             0           11/1/2005                266901            266900.99          Cash Out Refinance        153
     287301233                             0           11/1/2005                153630            153249.23          Cash Out Refinance        153
     287301234                             0           11/1/2005                381362             380371.4          Purchase                  153
     287301252                           0.5           11/1/2005                236000               236000          Cash Out Refinance        124
     287301303                           0.5           11/1/2005                204000            203615.57          Rate/Term Refinance       110
     287301334                           0.5           11/1/2005                 93000             92903.19          Cash Out Refinance        115
     287301338                           0.5           11/1/2005                440000               440000          Purchase                  124
     287301340                           0.5           11/1/2005                543239               543239          Cash Out Refinance        124
     287301342                           0.5           12/1/2005                308000            307964.33          Purchase                  124
     287301347                           0.5           12/1/2005                315000            314869.35          Cash Out Refinance        124
     287301351                           0.5           11/1/2005                363600               363600          Cash Out Refinance        124
     287301419                           0.5           11/1/2005                 94000             93954.24          Purchase                  115
     287500713                             0          10/11/2005                 97971             97470.05          Purchase                  110
     287500873                             0           11/1/2005                104000            103555.94          Purchase                  153
     287500884                             0          10/15/2005                 77600                77600          Purchase                  153
     287500903                             0           10/1/2005                 54075             53851.29          Cash Out Refinance        153
     287500904                             0           10/1/2005                328000            326846.04          Cash Out Refinance        124
     287500911                             0           11/1/2005                 71475             71198.29          Cash Out Refinance        153
     287500921                             0           11/1/2005                135702            135155.57          Purchase                  153
     287500923                             0           10/1/2005                198000            197233.56          Cash Out Refinance        153
     287500998                             0           11/1/2005                204000            203999.99          Purchase                  153
     287501016                             0          11/15/2005                100000             99831.06          Cash Out Refinance        124
     287501018                             0          10/15/2005                140000            139680.01          Purchase                  153
     287501027                             0          10/15/2005                 60255             60112.59          Purchase                  153
     287501029                             0           11/1/2005                210400            210390.32          Purchase                  153
     287501062                             0          11/13/2005                 87125             86939.32          Cash Out Refinance        110
     287501070                             0          11/15/2005                 94760             94496.57          Cash Out Refinance        153
     287501073                           0.5           12/1/2005                211500             211021.2          Purchase                  153
     287501075                             0           10/1/2005                137335            137083.11          Purchase                  153
     287501083                             0           11/1/2005                141000            139911.19          Cash Out Refinance        124
     287501108                           0.5           12/1/2005                117008            116770.41          Purchase                  110
     287501109                             0          11/15/2005                 56700             56607.25          Cash Out Refinance        153
     287501124                           0.5           11/1/2005                296640            296639.99          Cash Out Refinance        153
     287501128                           0.5          11/15/2005                144458            144231.94          Rate/Term Refinance       153
     287501138                           0.5          11/15/2005                 97850             97674.32          Cash Out Refinance        153
     287501160                           0.5           11/1/2005                173600               173600          Purchase                  153
     287501173                           0.5           12/1/2005                121000            120818.02          Cash Out Refinance        110
     287501220                           0.5           12/1/2005                144000            143746.44          Purchase                  110
     287501233                           0.5           11/1/2005                225000               225000          Purchase                  124
     287501273                           0.5          11/15/2005                124000            123890.06          Purchase                  153
     287501274                           0.5          11/15/2005                 31000             30982.71          Purchase                  110
     287501278                           0.5           11/9/2005                 35800             35780.03          Purchase                  115
     287501294                           0.5           12/1/2005                 23600             23591.76          Cash Out Refinance        110
     287501321                           0.5           12/1/2005                200347            200135.83          Purchase                  153
     287600879                             0          10/15/2005                 53300             53004.73          Cash Out Refinance        153
     287600896                             0          10/15/2005                118692            118205.19          Purchase                  124
     287601055                             0          10/11/2005                131775            131313.24          Rate/Term Refinance       110
     287601064                             0          10/15/2005                253425            252423.09          Cash Out Refinance        153
     287601117                             0           11/1/2005                 82400             82033.65          Purchase                  110
     287601134                             0          10/15/2005              121633.6            121283.38          Purchase                  153
     287601150                             0           11/1/2005                 86100             85866.09          Purchase                  124
     287601161                             0           11/1/2005                175500            175038.43          Cash Out Refinance        124
     287601178                             0           11/1/2005                 61200              60965.9          Purchase                  153
     287601197                             0           10/1/2005                121140            120845.73          Purchase                  153
     287601210                             0           11/8/2005                 54167             53940.59          Purchase                  110
     287601226                             0           11/1/2005                 83000             82862.69          Purchase                  110
     287601229                           0.5           11/1/2005                 99920             99631.33          Purchase                  124
     287601231                           0.5           10/1/2005                112500            112293.65          Rate/Term Refinance       110
     287601254                           0.5           11/1/2005                 88560              88336.6          Purchase                  110
     287601270                           0.5           11/1/2005                 86674             86445.94          Purchase                  153
     287601282                           0.5           10/1/2005                105600            105426.01          Purchase                  153
     287601290                           0.5          11/15/2005                117600            117374.08          Purchase                  153
     287601314                           0.5           11/1/2005                 52980             52916.87          Cash Out Refinance        124
     287601321                           0.5           11/1/2005                 72000              71906.9          Cash Out Refinance        153
     287601334                           0.5           11/1/2005                156600            156442.04          Purchase                  124
     287601348                           0.5           11/1/2005                116000            115866.02          Cash Out Refinance        124
     287601377                           0.5          11/15/2005                118800            118731.25          Purchase                  153
     287601379                           0.5          11/15/2005                 98800              98717.4          Purchase                  124
     287601380                           0.5           12/1/2005                 24700             24687.84          Purchase                  110
     287601385                           0.5          11/12/2005               26308.4             26297.37          Purchase                  115
     287700479                             0          11/11/2005               56907.5             56647.45          Purchase                  110
     287700487                             0          10/15/2005                117000            116410.63          Cash Out Refinance        124
     287700545                             0           10/1/2005                111240            110711.79          Purchase                  153
     287700580                           0.5           10/1/2005                 52500             52354.15          Purchase                  153
     287700582                             0           11/1/2005                 71000             70430.04          Rate/Term Refinance       110
     287700588                             0           10/1/2005                176000            175338.68          Purchase                  153
     287700596                             0           9/15/2005                 93750             93454.77          Purchase                  153
     287700598                           0.5           12/1/2005                131500            131080.13          Rate/Term Refinance       110
     287700614                             0           11/1/2005              147931.9            147488.58          Purchase                  124
     287700622                             0          10/17/2005                 94250              93735.6          Cash Out Refinance        110
     287700629                             0           11/1/2005                 63325             63187.64          Purchase                  110
     287700665                             0          10/15/2005                196800             196322.7          Purchase                  153
     287700676                             0           11/8/2005                 68400             68237.03          Purchase                  110
     287700691                             0          10/15/2005                112000            111738.37          Purchase                  153
     287700696                           0.5           12/8/2005                 50000             49964.55          Cash Out Refinance        110
     287700702                             0           11/1/2005               64117.5             64009.42          Purchase                  124
     287700737                             0           11/1/2005                 60255             60124.29          Purchase                  153
     287700742                           0.5           11/1/2005                 38000             37954.76          Cash Out Refinance        115
     287700746                           0.5           11/8/2005                 67150             67080.82          Cash Out Refinance        110
     287700754                           0.5           11/1/2005                 64932             64840.96          Purchase                  153
     287700772                             0          10/15/2005                 78400             78283.26          Purchase                  153
     287700781                           0.5           12/1/2005                 64350             64273.34          Purchase                  153
     287700819                           0.5           11/1/2005                309092            308688.29          Cash Out Refinance        153
     287700822                           0.5          11/13/2005                 40000             39977.22          Cash Out Refinance        110
     287700827                           0.5           11/1/2005                 69200             69045.29          Purchase                  153
     287700831                           0.5          11/15/2005                223000            222877.93          Purchase                  124
     287700836                           0.5           11/1/2005                100000             99804.17          Purchase                  153
     287700845                           0.5          11/12/2005                 46980             46955.64          Purchase                  110
     287700852                           0.5           12/1/2005                 99600             99521.52          Purchase                  153
     287700854                           0.5           11/1/2005                192816             192595.6          Cash Out Refinance        124
     287700860                           0.5           11/1/2005                 82720             82340.52          Purchase                  110
     287700869                           0.5          11/15/2005                 76000             75921.39          Purchase                  124
     287700884                           0.5           11/9/2005                 30980             30964.55          Purchase                  110
     287700896                           0.5           11/1/2005                214400            214213.59          Purchase                  153
     287700906                           0.5           12/1/2005                 32000                31980          Cash Out Refinance        110
     287800204                             0           11/1/2005                 50040             49612.12          Purchase                  110
     287800243                             0          10/15/2005                109600            109413.32          Purchase                  124
     287800245                             0          11/15/2005                 76941             76776.26          Purchase                  124
     287800264                           0.5           11/1/2005                106200            106087.11          Purchase                  124
     287800298                           0.5           11/1/2005                131920            131663.34          Purchase                  124
     287800306                           0.5           11/1/2005                208250               208250          Cash Out Refinance        124
     287800310                           0.5           12/1/2005                 94400             94248.82          Purchase                  124
     287900366                             0           10/1/2005                216800               216800          Purchase                  124
     287900538                             0           11/1/2005                226400            226138.68          Rate/Term Refinance       124
     287900604                             0           11/1/2005                 35500             35119.44          Purchase                  110
     287900656                             0           11/1/2005                346800               346800          Purchase                  124
     288002886                             0           10/1/2005                 80200             80045.33          Cash Out Refinance        115
     288002936                             0           11/1/2005                115000             114680.5          Cash Out Refinance        124
     288003118                             0           11/1/2005                 42800             42695.79          Cash Out Refinance        115
     288003173                             0           11/1/2005                 75200             74486.41          Cash Out Refinance        115
     288003342                             0           11/1/2005                 41000              40934.5          Purchase                  115
     288003359                             0          10/15/2005                 54817             54334.78          Cash Out Refinance        110
     288003370                             0          10/15/2005                 63000             62918.28          Cash Out Refinance        115
     288003377                             0           11/1/2005              449165.5            447880.26          Cash Out Refinance        124
     288003437                             0           11/1/2005                 25625             25581.66          Cash Out Refinance        115
     288003462                             0          10/15/2005                110000            109785.55          Cash Out Refinance        115
     288003484                             0           11/1/2005                 54150             54075.83          Cash Out Refinance        115
     288003530                             0           10/1/2005              305734.5            304468.12          Cash Out Refinance        124
     288003543                             0           10/1/2005              131210.5            130916.53          Cash Out Refinance        110
     288003546                             0           11/1/2005                 58825             58764.84          Cash Out Refinance        115
     288003561                             0           9/15/2005                205000            204734.27          Cash Out Refinance        124
     288003568                             0          10/15/2005                 50000             49614.25          Cash Out Refinance        110
     288003594                             0           10/5/2005                 32600             32382.71          Cash Out Refinance        110
     288003647                             0           10/1/2005              235030.8            234677.53          Cash Out Refinance        124
     288003660                             0          10/15/2005                 61000                60934          Cash Out Refinance        115
     288003668                             0           11/1/2005              327573.8            326761.96          Cash Out Refinance        124
     288003692                             0           11/1/2005                 92500             92270.73          Cash Out Refinance        124
     288003710                             0           9/15/2005                 78000             77920.93          Cash Out Refinance        115
     288003750                             0           11/1/2005              243079.8            242448.37          Cash Out Refinance        124
     288003781                             0           10/1/2005                257400            256945.04          Cash Out Refinance        110
     288003862                           0.5           11/1/2005              313748.3             313206.5          Cash Out Refinance        124
     288003882                           0.5           12/1/2005                316000            315398.76          Rate/Term Refinance       124
     288003974                           0.5           11/1/2005                453097            452299.16          Cash Out Refinance        124
     288103443                             0           11/1/2005                 67500              65801.3          Cash Out Refinance        110
     288103562                             0           11/1/2005                100000             99675.98          Cash Out Refinance        124
     288104046                             0          11/15/2005                 69300             69182.64          Cash Out Refinance        124
     288104326                           0.5           11/1/2005                 60000             59934.05          Cash Out Refinance        124
     288104398                             0           11/1/2005                121225            121009.83          Cash Out Refinance        110
     288104425                           0.5          11/15/2005                 50000             49975.66          Cash Out Refinance        124
     288104607                           0.5           11/1/2005                208500            208103.29          Cash Out Refinance        153
     288104736                           0.5          11/15/2005                140000            139926.65          Rate/Term Refinance       124
     288201506                             0           12/1/2005                 50000             49885.76          Cash Out Refinance        124
     288201657                             0          10/15/2005                140000            139596.87          Cash Out Refinance        124
     288201697                             0          10/15/2005                297813            296911.66          Rate/Term Refinance       124
     288201737                             0           11/1/2005                 97800             97694.86          Cash Out Refinance        115
     288201809                             0          10/15/2005                 50000             49943.75          Cash Out Refinance        124
     288201904                             0           11/1/2005                 50000             49939.87          Cash Out Refinance        124
     288201920                             0          10/15/2005                 66500                66435          Cash Out Refinance        124
     288201953                             0           11/1/2005                345550            344752.37          Cash Out Refinance        124
     288201975                           0.5           11/1/2005                166000            165769.34          Cash Out Refinance        124
     288202013                             0          11/15/2005                189921             189657.4          Cash Out Refinance        124
     288202085                           0.5           11/1/2005                203000            202419.13          Cash Out Refinance        124
     288301955                             0          10/15/2005                200878            199652.57          Cash Out Refinance        124
     288302596                             0          10/15/2005                210800            210081.83          Cash Out Refinance        124
     288302655                             0           11/1/2005              434067.5             432561.7          Cash Out Refinance        124
     288302856                             0           11/1/2005                378000            376809.75          Cash Out Refinance        124
     288302865                             0           12/1/2005                 76500             76270.76          Cash Out Refinance        124
     288302900                             0           10/1/2005                345000            344213.66          Cash Out Refinance        124
     288302945                             0          10/15/2005              123357.5            123129.38          Cash Out Refinance        124
     288302963                             0           10/1/2005                 52200             52073.44          Cash Out Refinance        124
     288303009                             0           11/1/2005                 63200                63077          Cash Out Refinance        124
     288303051                           0.5           11/1/2005                 55300             55247.07          Cash Out Refinance        124
     288303103                             0          10/15/2005               66904.2             66788.67          Cash Out Refinance        124
     288303150                             0          10/15/2005              85681.15             85586.98          Cash Out Refinance        124
     288303275                           0.5           11/1/2005                 51210             51163.03          Cash Out Refinance        124
     288303287                           0.5           11/1/2005                117000            116906.59          Cash Out Refinance        124
     288303374                           0.5           12/1/2005                166500            166343.99          Rate/Term Refinance       124
     288303431                           0.5           11/1/2005                320585               320585          Rate/Term Refinance       124
     288303570                           0.5          11/15/2005               60992.1             60960.15          Cash Out Refinance        124
     288502997                             0           10/1/2005                213000            212519.49          Cash Out Refinance        124
     288503011                             0           11/7/2005                 40000             39937.62          Cash Out Refinance        115
     288503174                             0          11/15/2005                289568            288540.03          Cash Out Refinance        124
     288503270                             0           10/1/2005              116308.5            116106.62          Cash Out Refinance        110
     288503282                             0           11/1/2005                 61900             61817.19          Cash Out Refinance        115
     288503311                             0          10/15/2005                360250            359788.98          Cash Out Refinance        124
     288503387                             0           10/1/2005                 67000             66902.05          Cash Out Refinance        115
     288503440                             0          11/15/2005                 76000             75903.13          Cash Out Refinance        115
     288503472                             0          11/11/2005                 56780             56717.33          Cash Out Refinance        115
     288503519                             0           11/1/2005                 92500              92407.2          Cash Out Refinance        115
     288503548                             0          10/12/2005                 92000             91906.94          Cash Out Refinance        115
     288503683                             0          10/15/2005              183803.5            183470.26          Cash Out Refinance        124
     288503719                             0           11/1/2005              525763.5            524357.38          Cash Out Refinance        124
     288503798                             0           11/1/2005                 50000              49840.8          Cash Out Refinance        110
     288503820                           0.5           12/1/2005                280500             278157.7          Cash Out Refinance        110
     288503838                             0           11/1/2005                156000            155553.62          Rate/Term Refinance       153
     288503855                           0.5           11/1/2005              186309.2            186084.97          Cash Out Refinance        124
     288503862                             0           11/1/2005              352006.1            351027.55          Cash Out Refinance        124
     288503925                             0           11/1/2005                 87000              86755.8          Cash Out Refinance        153
     288504011                           0.5          11/10/2005                 55000             54953.66          Cash Out Refinance        110
     288504016                             0          10/15/2005                271470            271049.37          Cash Out Refinance        124
     288504035                             0          10/15/2005                280519            280105.47          Cash Out Refinance        124
     288504075                           0.5          11/10/2005                 53000             52964.42          Cash Out Refinance        110
     288504163                           0.5           11/1/2005                328000            327343.01          Rate/Term Refinance       124
     288504201                           0.5           11/1/2005                217000            216587.13          Rate/Term Refinance       124
     288504314                           0.5           11/1/2005                381500            380774.13          Cash Out Refinance        124
     288504449                           0.5          11/14/2005                 85598             85560.43          Cash Out Refinance        110
     288601519                             0           10/1/2005                630400            627699.49          Rate/Term Refinance       124
     288601974                             0          10/15/2005                 91000              90836.6          Cash Out Refinance        124
     288601975                             0           11/1/2005                 35000             34825.42          Cash Out Refinance        110
     288602135                             0          10/15/2005                225000            224481.85          Cash Out Refinance        124
     288602238                             0          11/13/2005                 80000             79782.41          Cash Out Refinance        110
     288602244                             0           10/1/2005                225000             224500.9          Cash Out Refinance        124
     288602342                             0           11/1/2005                360000            359285.09          Cash Out Refinance        124
     288602395                             0          10/18/2005                110000            109662.79          Cash Out Refinance        110
     288602408                           0.5          11/15/2005                200000            199619.47          Cash Out Refinance        124
     288602469                             0          11/15/2005                237250             236929.9          Cash Out Refinance        124
     288602474                           0.5          11/15/2005                271000            270596.48          Cash Out Refinance        124
     288602557                           0.5           10/1/2005                169029            168872.29          Cash Out Refinance        124
     288602569                           0.5          11/15/2005                168000            167705.05          Cash Out Refinance        124
     288602583                           0.5           12/1/2005              309886.5            309611.17          Cash Out Refinance        124
     288602604                           0.5           12/1/2005                220000            219581.42          Cash Out Refinance        124
     288602703                           0.5           11/1/2005                191000            190636.58          Rate/Term Refinance       124
     288602790                           0.5          11/15/2005                135000            134938.33          Cash Out Refinance        153
     288701481                             0          11/15/2005              334033.5            332376.95          Rate/Term Refinance       124
     288701773                             0          11/15/2005                182000               181597          Cash Out Refinance        124
     288701783                             0           11/8/2005                 44000             43815.01          Cash Out Refinance        110
     288701869                             0           11/1/2005             174344.49            173956.01          Cash Out Refinance        124
     288701977                             0           11/1/2005                234019            233462.51          Cash Out Refinance        124
     288701989                             0           11/1/2005                452000            451036.74          Cash Out Refinance        124
     288702021                             0          10/15/2005                210000            209677.82          Cash Out Refinance        124
     288702022                             0           11/1/2005                377450            376677.38          Cash Out Refinance        124
     288702055                           0.5           11/1/2005                217323            217108.36          Cash Out Refinance        124
     288702076                           0.5          11/15/2005                140000            139733.62          Cash Out Refinance        124
     288702108                           0.5          11/15/2005              275538.5            274999.09          Rate/Term Refinance       124
     288702197                           0.5           12/1/2005                125000            124873.92          Cash Out Refinance        124
     288801836                             0           10/1/2005             278897.85            277973.17          Cash Out Refinance        124
     288801876                             0           10/1/2005                 53000             52901.19          Cash Out Refinance        115
     288802024                             0          10/15/2005                467500            465949.73          Cash Out Refinance        124
     288802116                             0           10/1/2005                 70000             69661.12          Cash Out Refinance        110
     288802293                           0.5           11/1/2005                170980            169418.46          Cash Out Refinance        124
     288802337                           0.5           12/1/2005              192352.5            191986.53          Cash Out Refinance        124
     288802352                             0           11/1/2005              424930.5            423714.59          Cash Out Refinance        124
     288802354                             0           10/1/2005                129000            128709.27          Cash Out Refinance        124
     288802387                             0           11/1/2005                438700             437444.7          Cash Out Refinance        124
     288802426                           0.5           12/1/2005                 88500             88321.41          Cash Out Refinance        153
     288802436                           0.5           11/1/2005                389107            388467.24          Rate/Term Refinance       124
     288802469                           0.5           12/1/2005                495842            494943.07          Cash Out Refinance        124
     288802521                           0.5           11/1/2005                178150            177620.42          Cash Out Refinance        124
     288802532                           0.5           11/1/2005                343862            343243.77          Rate/Term Refinance       124
     288901315                             0           12/1/2005                264800            264132.04          Cash Out Refinance        124
     289001193                             0           11/1/2005                100000             99632.44          Cash Out Refinance        110
     289001405                             0           11/1/2005                109500            109271.27          Cash Out Refinance        124
     289001463                             0          11/15/2005                268000            267499.82          Cash Out Refinance        124
     289001562                           0.5           12/1/2005                431500            430747.56          Cash Out Refinance        124
     289001605                           0.5           12/1/2005                 27500             27431.46          Cash Out Refinance        110
     289102552                           0.5           11/1/2005                376156            374964.51          Cash Out Refinance        120
     289103158                             0           11/1/2005               54982.2             54896.01          Cash Out Refinance        124
     289103169                             0           10/1/2005                 80000             79896.28          Cash Out Refinance        124
     289103204                             0          10/15/2005              192499.5            192369.75          Cash Out Refinance        124
     289103277                           0.5           11/1/2005               92563.5             92467.15          Cash Out Refinance        124
     289103284                           0.5          11/15/2005                 95600             95553.95          Cash Out Refinance        124
     289202585                             0           11/1/2005                 44000             43415.59          Cash Out Refinance        110
     289202628                             0           11/1/2005                 58400             58089.29          Cash Out Refinance        110
     289202673                             0           10/1/2005                 62100             61939.95          Cash Out Refinance        124
     289202713                             0          10/15/2005                 30000             29969.99          Cash Out Refinance        115
     289202886                             0          11/15/2005                 18000             17951.81          Cash Out Refinance        110
     289203005                             0           11/1/2005                445000            444131.88          Cash Out Refinance        124
     289203104                             0           10/1/2005                130400            129658.19          Cash Out Refinance        110
     289203142                             0          11/15/2005                100000             99807.37          Cash Out Refinance        124
     289203150                             0           11/1/2005                219000            218630.85          Rate/Term Refinance       124
     289203167                             0          11/15/2005                120000            119889.93          Cash Out Refinance        124
     289203181                             0          10/15/2005               95748.8              95612.6          Rate/Term Refinance       124
     289203186                             0          11/15/2005                 68000             67916.45          Cash Out Refinance        124
     289203204                             0          10/15/2005              111076.2            110864.85          Cash Out Refinance        124
     289203222                           0.5          11/15/2005                120000            119892.24          Cash Out Refinance        124
     289203437                           0.5           12/1/2005               69964.5             69863.56          Cash Out Refinance        124
     289203487                           0.5           11/1/2005                 94400             94230.52          Rate/Term Refinance       124
     289301511                             0           11/1/2005                 50000             49921.64          Cash Out Refinance        124
     289301894                             0           11/1/2005                 85000             84509.76          Cash Out Refinance        110
     289301899                             0          10/15/2005                428000            427282.32          Cash Out Refinance        124
     289301918                             0          11/15/2005                365000            364457.11          Cash Out Refinance        124
     289301946                             0           10/1/2005              192499.5            192279.55          Rate/Term Refinance       124
     289302097                           0.5          11/15/2005                155000            154705.08          Cash Out Refinance        124
     289302133                             0           11/1/2005                 60000             59872.13          Cash Out Refinance        124
     289302287                           0.5           11/1/2005                 85000             84916.05          Cash Out Refinance        124
     289401190                             0          11/13/2005                 35213             35161.95          Cash Out Refinance        115
     289401282                             0          11/14/2005                 35765             35593.16          Cash Out Refinance        110
     289401389                             0           11/1/2005               64180.2             63919.02          Cash Out Refinance        124
     289401461                             0           10/1/2005                 17000             16912.21          Cash Out Refinance        110
     289401468                             0           11/1/2005                 54900             54712.94          Cash Out Refinance        124
     289401545                             0          11/15/2005                 85137             84879.32          Cash Out Refinance        124
     289401567                             0          11/15/2005                124431            124110.33          Cash Out Refinance        124
     289401929                             0          11/15/2005                467500            466452.62          Cash Out Refinance        124
     289401954                             0          11/13/2005                 45000             44808.87          Cash Out Refinance        110
     289402013                             0           10/1/2005                192800            192274.27          Rate/Term Refinance       124
     289402161                           0.5           12/1/2005                 93350             93169.38          Cash Out Refinance        124
     289402314                           0.5           12/1/2005              65399.85             64707.95          Cash Out Refinance        110
     289402345                           0.5           11/1/2005              209450.5            209051.98          Cash Out Refinance        124
     289402478                           0.5           12/1/2005                188078            187786.58          Cash Out Refinance        153
     289500244                             0          10/15/2005                500000               500000          Cash Out Refinance        124
     289500274                             0           10/1/2005                266049            265059.18          Cash Out Refinance        124
     289500275                             0          11/17/2005                 60000             59760.75          Purchase                  110
     289500278                           0.5           12/1/2005                360000            359135.46          Cash Out Refinance        153
     289500284                             0          11/15/2005                 85000             84796.01          Cash Out Refinance        124
     289500297                             0           11/1/2005                306000            304872.86          Purchase                  153
     289500304                             0           11/1/2005                282800            281846.09          Cash Out Refinance        124
     289500305                             0           11/1/2005                 64150             63968.57          Purchase                  110
     289500307                             0           12/1/2005                150000            149578.07          Purchase                  153
     289500315                             0           11/1/2005               73387.5             73097.74          Purchase                  124
     289500339                             0           11/1/2005                107325            106980.79          Purchase                  124
     289500340                             0           11/1/2005                 83200             82985.57          Purchase                  124
     289500349                             0          10/14/2005                 69275             69181.31          Purchase                  110
     289500374                           0.5           11/1/2005               65075.4             64955.07          Purchase                  110
     289500400                           0.5           12/1/2005                167850            167573.47          Cash Out Refinance        124
     289500401                             0          11/15/2005                133250             133115.6          Cash Out Refinance        153
     289500408                           0.5           11/1/2005                 30000                29987          Cash Out Refinance        110
     289500413                           0.5           12/1/2005                 53901             53847.19          Purchase                  124
     289500425                           0.5           11/1/2005                340000            339395.44          Cash Out Refinance        153
     289500434                           0.5          11/15/2005                 73800              73694.8          Purchase                  153
     289500435                           0.5           11/1/2005                148800            148555.33          Rate/Term Refinance       110
     289600248                             0           11/1/2005                280000            278892.37          Purchase                  124
     289600302                             0           10/1/2005                284800             284745.3          Purchase                  124
     289600406                           0.5           11/1/2005                128000               128000          Purchase                  124
     289600411                             0           11/1/2005                341960            341875.22          Cash Out Refinance        124
     289600420                           0.5           11/1/2005                331619            330749.17          Cash Out Refinance        124
     289600480                           0.5           11/1/2005                215200               215200          Purchase                  124
     289600485                             0           11/1/2005                375000            373935.18          Cash Out Refinance        124
     289600537                           0.5           11/1/2005                400000               400000          Purchase                  124
     289600567                           0.5           11/1/2005                196200               195899          Purchase                  124
     289600591                           0.5           11/1/2005                235000            234602.07          Cash Out Refinance        124
     289600603                           0.5           11/1/2005                328000            327999.33          Purchase                  110
     289600614                           0.5           12/1/2005                391000               391000          Rate/Term Refinance       124
     289600631                           0.5           11/1/2005                 68000              67966.9          Purchase                  115
     289600696                           0.5           11/1/2005                 55600             55557.49          Purchase                  110
     289801683                             0           11/1/2005                127500            127181.27          Rate/Term Refinance       124
     289801732                           0.5           11/1/2005                 35000             34757.06          Cash Out Refinance        110
     289801777                             0           11/1/2005                 54600              54476.8          Cash Out Refinance        124
     289802111                           0.5           11/1/2005                 52845             52608.21          Cash Out Refinance        110
     289802141                             0           11/1/2005                 50000             49871.43          Cash Out Refinance        110
     289802253                           0.5          11/15/2005                 59200             59170.25          Cash Out Refinance        124
     289900006                           0.5           10/1/2005                143200            142466.97          Rate/Term Refinance       110
     289900608                             0          10/13/2005                 66450             66298.92          Cash Out Refinance        110
     289901035                             0           11/1/2005                 40000             39824.73          Cash Out Refinance        110
     289901266                             0           11/1/2005                241082            240286.76          Rate/Term Refinance       124
     289901306                             0          10/15/2005              181930.9            181485.31          Cash Out Refinance        124
     289901324                             0          10/15/2005              100579.5            100306.42          Cash Out Refinance        124
     289901441                             0          11/15/2005                 30400             30123.96          Cash Out Refinance        110
     289901710                             0           11/1/2005              106862.5            106682.17          Cash Out Refinance        124
     289901772                             0           10/1/2005                 74250             74098.48          Cash Out Refinance        110
     289901879                             0          10/15/2005              107717.4            107612.34          Cash Out Refinance        124
     289901904                             0           11/1/2005                 97000             96722.44          Rate/Term Refinance       124
     289901920                             0           10/1/2005                120000               119723          Rate/Term Refinance       124
     289902040                           0.5           11/1/2005                500000            499617.71          Rate/Term Refinance       124
     289902055                           0.5           11/1/2005              114607.5            114495.48          Cash Out Refinance        124
     289902188                           0.5           12/1/2005                101850             101696.9          Cash Out Refinance        124
     290000005                             0          10/15/2005                 50000             49950.08          Cash Out Refinance        124
     290000064                             0           11/1/2005                 56500             56375.89          Cash Out Refinance        124
     290000095                           0.5          11/15/2005                 78500             78382.18          Cash Out Refinance        124
     290200743                             0          10/15/2005                 50000             49933.35          Cash Out Refinance        110
     290200828                             0          11/15/2005                343862            343055.44          Cash Out Refinance        124
     290200878                             0           11/1/2005                160980            160521.07          Cash Out Refinance        124
     290201420                           0.5           11/1/2005               92852.7             92713.05          Cash Out Refinance        124
     290201448                           0.5           11/1/2005              154857.5            154271.35          Cash Out Refinance        124
     290300076                             0           11/1/2005              277842.5            276849.25          Cash Out Refinance        124
     290300109                             0           11/1/2005               92563.5             92140.53          Cash Out Refinance        124
     290300275                             0           11/1/2005                150000            149458.43          Cash Out Refinance        124
     290300517                             0          10/15/2005              245409.3            244771.11          Cash Out Refinance        124
     290300548                             0          11/15/2005             304771.85            303715.67          Cash Out Refinance        124
     290300549                             0           11/6/2005              149607.5               149373          Cash Out Refinance        110
     290300592                             0           11/1/2005                 80490             80210.44          Cash Out Refinance        124
     290300634                             0          10/14/2005                 28700             28582.01          Cash Out Refinance        110
     290300746                             0           10/1/2005              184658.4            184299.05          Cash Out Refinance        124
     290300758                             0           12/1/2005                189000            188554.99          Cash Out Refinance        124
     290300927                             0          11/15/2005                140000            139765.53          Cash Out Refinance        110
     290301015                             0          11/15/2005              149607.5            149395.47          Cash Out Refinance        124
     290301108                             0           10/1/2005              511111.5            510222.85          Cash Out Refinance        124
     290301381                           0.5           11/1/2005                105735            105652.52          Cash Out Refinance        124
     290301407                           0.5          11/15/2005                110300            110266.27          Cash Out Refinance        110
     290301559                           0.5          11/15/2005              226548.5            226362.43          Cash Out Refinance        124
     290400004                             0           11/1/2005                 35000             34952.68          Cash Out Refinance        115
     290400011                             0           12/1/2005                 61300             61186.62          Cash Out Refinance        124
     290400259                             0          10/15/2005              152172.2            151979.42          Cash Out Refinance        124
     290400615                           0.5          11/15/2005                 21600             21595.43          Cash Out Refinance        110
     290500025                             0           11/1/2005                445000            443952.24          Rate/Term Refinance       153
     290500029                             0           11/1/2005                320000            319206.94          Cash Out Refinance        124
     290500569                           0.5           11/1/2005                211372            211125.35          Cash Out Refinance        124
     290600077                             0          10/15/2005                235000            234609.79          Cash Out Refinance        124
     290600154                           0.5           11/1/2005                496548            495865.76          Cash Out Refinance        110
     290800024                           0.5          11/19/2005                100000             99959.82          Cash Out Refinance        110
     290900066                           0.5           12/1/2005                380000             379434.2          Cash Out Refinance        124
     291000024                             0           10/1/2005                204300            203846.83          Cash Out Refinance        124
     291000084                             0          10/15/2005                221200            220832.72          Cash Out Refinance        120
     291000114                             0          10/15/2005                133200            133026.03          Cash Out Refinance        124
     291000136                           0.5          11/15/2005                185000            184693.57          Cash Out Refinance        124
     291000173                           0.5          11/15/2005                189921            189559.64          Cash Out Refinance        124
     291000206                           0.5           12/1/2005              189956.4            189765.41          Cash Out Refinance        124
     291000234                           0.5           11/1/2005                 97000             96834.13          Cash Out Refinance        124
     291000250                           0.5           12/1/2005                150980            150790.68          Cash Out Refinance        124
     291000257                           0.5          11/15/2005                289750            289565.23          Rate/Term Refinance       124
     291000349                           0.5          11/15/2005                148200            148129.82          Cash Out Refinance        124
     291000406                           0.5           12/1/2005                211923            211803.57          Rate/Term Refinance       124
     291100015                             0          10/15/2005                452450            451668.69          Cash Out Refinance        124
     291100043                             0          10/15/2005                474000            473098.16          Cash Out Refinance        124
     291100075                           0.5           11/1/2005                142000            141827.33          Cash Out Refinance        124
     291100117                             0          10/15/2005              432542.2             431742.7          Rate/Term Refinance       124
     291100153                           0.5           11/1/2005                520000            519010.63          Rate/Term Refinance       124
     291100234                           0.5           12/1/2005              303141.5            302890.55          Cash Out Refinance        124
     291100444                           0.5          11/15/2005                 77500             77463.45          Cash Out Refinance        124
     291300090                           0.5          11/15/2005              69574.85             69554.72          Cash Out Refinance        110


    Loan Number                 Margin              Next Adjustment Date          Maximum Loan Rate     Appraisal Value              Purchase Price
-------------------            --------             --------------------          -----------------     ---------------              --------------
     148902757                   8.24                     7/1/2006                     14.99                212000                      202887
     148903494                      0                                                      0                515500                      515472
     148903544                   5.95                     6/1/2008                     13.75                429000                      427425
     148903593                   5.95                     1/1/2007                     14.05                285000                      280545
     148903683                   5.09                     1/1/2008                     13.19                280500                      276895
     148903848                   5.85                     2/1/2007                      14.1                118500                      113900
     148903879                      0                                                      0                437000                      420115
     148903910                    5.4                     7/1/2007                     13.65                178000                      161037
     148903977                   5.49                     7/1/2007                     14.24                280000                      277240
     148904068                    4.5                     4/1/2007                     12.75                127500                      114070
     148904107                   4.95                     8/1/2007                      13.4                183000                      182593
     148904181                   5.05                     8/1/2007                      13.5                419000                      418990
     148904192                    5.3                     7/1/2007                     13.75                495000                      494217
     148904196                    4.3                     9/1/2007                        14                358000                      355769
     148904235                   5.05                     9/1/2007                      13.5                447000                      446990
     148904239                   4.85                     3/1/2007                      13.3                131000                      129990
     148904291                   5.15                     8/1/2007                      13.6                544100                      544010
     148904442                   4.15                     7/1/2008                      12.8                361000                      360990
     148904451                   7.55                     7/1/2007                      16.7                395000                      394375
     148904499                      0                                                      0                160000                      151139
     148904533                   5.95                     4/1/2007                      14.6                127000                      127264
     148904537                   7.85                     6/1/2007                      15.3                200000                      196882
     148904540                    4.6                     7/1/2007                     13.75                217000                      216991
     148904543                    4.8                     4/1/2007                     13.95                205000                      199850
     148904664                    4.4                     6/1/2008                      13.3                159500                      159401
     148904698                   5.16                     7/1/2007                     13.81                425000                      424710
     148904705                   4.25                     6/1/2008                      12.9                411000                      410990
     148904761                   5.15                     7/1/2007                      13.8                530000                      523409
     148904781                    4.2                     6/1/2007                     12.85                601000                      600797
     148904799                      0                                                      0                185500                      182000
     148904810                    6.5                     6/1/2007                      15.9                151000                      150535
     148904845                    4.5                     6/1/2008                      13.4                315000                      298587
     148904859                   4.15                     7/1/2008                     13.05                170000                      169215
     148904867                   6.06                     7/1/2007                     14.96                172000                      170596
     148904868                   5.25                     7/1/2007                     14.15                147000                      145120
     148904880                      5                     8/1/2007                      14.4                167000                      164150
     148904888                   5.45                     6/1/2007                     14.35                143500                      143277
     148904894                   3.98                     6/1/2007                     13.38                190000                      188544
     148904949                      0                                                      0                159000                      152411
     148904955                    4.4                     6/1/2007                      13.3                325000                      306900
     148904957                  4.225                     6/1/2008                    13.125                149000                      148880
     148904964                    4.7                     7/1/2007                      14.1                237000                      236568
     148904975                      0                                                      0                138000                      135645
     148904992                      5                     6/1/2007                      14.4                176000                      174690
     148904999                   4.66                     7/1/2008                     13.56                150000                      149065
     148905006                   4.75                     6/1/2007                     13.65                176800                      174435
     148905009                   5.23                     6/1/2008                     14.13                144000                      143423
     148905019                   5.65                     6/1/2008                     14.55                109000                      106460
     148905020                    6.6                     6/1/2007                      15.5                293000                      292735
     148905021                    5.1                     6/1/2007                        14                123000                      122870
     148905023                   3.85                     6/1/2007                     12.75                225000                      222500
     148905027                    4.2                     6/1/2007                      13.1                154500                      153904
     148905028                      0                                                      0                124000                      121550
     148905031                   4.15                     6/1/2008                     13.55                262000                      261270
     148905037                      6                     6/1/2007                      14.9                119000                      113294
     148905038                   3.99                     6/1/2008                     12.89                161000                      160589
     148905042                    5.2                     6/1/2008                      14.6                127000                      126635
     148905044                      0                                                      0                455500                      454894
     148905045                   4.55                     6/1/2007                     13.45                294000                      285065
     148905048                      0                                                      0                149000                      148449
     148905052                   6.34                     6/1/2007                     15.24                495000                      486229
     148905053                    4.4                     6/1/2007                      13.3                115000                      113386
     148905055                   5.15                     6/1/2007                     14.05                165000                      164235
     148905060                   5.25                     6/1/2007                     14.15                170000                      165485
     148905061                      0                                                      0                156535                      156535
     148905062                      0                                                      0                331000                      330740
     148905064                   3.95                     8/1/2007                     12.85                510000                      479030
     148905066                      0                                                      0                176000                      174265
     148905067                    4.6                     6/1/2007                      13.5                125000                      121360
     148905069                      0                                                      0                123000                      122870
     148905070                      0                                                      0                190000                      188544
     148905071                      0                                                      0                140000                      137372
     148905073                    4.7                     6/1/2007                      14.1                119000                      112940
     148905074                   5.45                     7/1/2007                     14.85                116000                      108589
     148905076                      0                                                      0                275000                      275000
     148905077                      0                                                      0                124000                      123579
     148905078                    4.9                     6/1/2007                      14.3                166000                      165765
     148905083                      0                                                      0                163000                      158461
     148905085                    4.8                     6/1/2007                      13.7                150000                      145370
     148905088                    3.1                     6/1/2008                        12                165000                      164201
     148905089                    5.7                     6/1/2007                      14.6                145000                      136483
     148905092                   4.55                     7/1/2007                     13.45                215000                      215000
     148905093                      0                                                      0                151000                      150535
     148905095                   5.25                     6/1/2007                     14.65                167000                      165330
     148905100                    5.4                     6/1/2007                      14.3                196000                      172500
     148905102                    6.1                     6/1/2007                        15                134000                      134000
     148905106                   4.64                     6/1/2007                     13.54                168900                      168390
     148905108                    5.4                     6/1/2008                      14.8                260000                      259531
     148905111                   6.63                     6/1/2007                     15.53                224000                      222853
     148905113                    4.2                     7/1/2007                      13.6                142000                      140430
     148905114                   4.05                     7/1/2007                     12.95                129000                      128065
     148905116                      0                                                      0                176000                      175064
     148905117                      0                                                      0                149000                      148880
     148905122                   5.18                     6/1/2007                     14.08                200000                      199000
     148905124                      0                                                      0                278000                      275766
     148905125                      0                                                      0                150000                      145370
     148905126                   4.24                     6/1/2007                     13.14                171000                      170262
     148905127                      0                                                      0                225000                      222500
     148905128                      0                                                      0                166000                      165765
     148905129                      0                                                      0                176000                      174690
     148905131                    5.1                     6/1/2007                        14                168000                      162332
     148905135                      0                                                      0                191000                      184939
     148905140                      0                                                      0                180000                      177390
     148905141                   5.67                     7/1/2007                     14.57                189000                      188875
     148905142                   4.36                     6/1/2007                     13.26                341000                      323738
     148905147                      0                                                      0                176000                      174265
     148905148                      0                                                      0                159000                      157990
     148905149                      0                                                      0                124000                      123579
     148905153                   5.95                     6/1/2008                     14.85                160000                      152830
     148905154                   4.85                     6/1/2007                     13.75                156000                      155073
     148905155                   5.31                     7/1/2007                     14.21                208000                      207556
     148905156                   3.85                     6/1/2008                     12.75                279000                      278100
     148905158                   5.48                     7/1/2007                     14.38                570000                      551495
     148905159                      0                                                      0                165000                      164235
     148905160                      0                                                      0                155500                      153384
     148905161                      0                                                      0                126000                      114430
     148905163                   5.95                     6/1/2008                     14.85                176000                      174027
     148905166                      0                                                      0                167000                      165330
     148905167                   6.45                     6/1/2007                     15.35                149000                      147949
     148905168                    5.1                     7/1/2008                        14                226000                      222914
     148905171                   5.05                     7/1/2007                     13.95                197000                      192799
     148905176                      0                                                      0                140000                      133515
     148905177                   5.31                     7/1/2007                     14.21                210000                      209370
     148905178                      0                                                      0                146000                      145800
     148905179                    4.9                     6/1/2007                      13.8                159500                      159079
     148905180                      0                                                      0                150000                      149065
     148905181                      0                                                      0                141000                      135049
     148905183                      0                                                      0                199000                      199000
     148905184                    5.2                     7/1/2008                      14.1                152000                      151657
     148905185                      0                                                      0                134000                      134000
     148905186                      0                                                      0                176000                      174027
     148905188                      0                                                      0                199000                      198360
     148905189                      0                                                      0                279000                      278100
     148905191                      0                                                      0                108500                      104844
     148905194                      0                                                      0                170000                      165485
     148905196                    4.3                     8/1/2007                      13.2                159000                      158690
     148905197                      0                                                      0                145000                      136483
     148905199                      0                                                      0                121052                      121052
     148905201                      0                                                      0                149000                      147949
     148905207                      0                                                      0                123000                      119869
     148905209                   5.25                     7/1/2007                     14.25                141000                      137885
     148905214                      0                                                      0                172000                      170596
     148905216                   4.86                     7/1/2007                     13.86                253000                      188285
     148905217                      0                                                      0                159500                      159079
     148905224                      0                                                      0                126000                      114430
     148905225                   5.35                     7/1/2007                     14.35                134000                      128844
     148905226                   5.24                     7/1/2007                     14.24                142000                      135960
     148905227                      0                                                      0                146000                      142481
     148905228                   4.99                     7/1/2007                     13.99                174750                      174675
     148905230                      0                                                      0                425000                      424710
     148905231                    4.5                     7/1/2007                        14                160000                      157730
     148905233                   3.95                     7/1/2007                     13.45                195000                      190075
     148905237                      0                                                      0                217000                      216991
     148905238                    5.2                     8/1/2007                      14.2                122000                      120032
     148905239                    4.5                     8/1/2007                        14                195000                      190805
     148905240                      0                                                      0                210000                      209370
     148905242                   4.65                     7/1/2007                     13.65                210000                      212743
     148905244                      0                                                      0                226000                      222914
     148905255                   6.05                     7/1/2007                     15.05                133000                      132504
     148905257                    4.8                     7/1/2007                      13.8                168800                      168790
     148905259                   6.75                     7/1/2008                     15.75                193000                      192975
     148905260                   5.55                     7/1/2007                     14.55                115000                      107840
     148905262                    4.7                     7/1/2008                      13.7                224000                      224000
     148905265                      0                                                      0                144000                      129060
     148905267                   5.24                     7/1/2007                     14.24                141500                      136486
     148905269                    4.9                     7/1/2007                      13.9                236000                      232695
     148905272                      0                                                      0                133000                      132504
     148905273                      0                                                      0                224000                      224000
     148905274                      0                                                      0                142000                      135960
     148905285                   4.54                     7/1/2007                     13.54                135500                      130103
     148905287                      0                                                      0                174750                      174675
     148905289                      0                                                      0                178000                      161037
     148905291                      0                                                      0                195000                      190075
     148905292                    4.9                     7/1/2007                      13.9                135500                      130319
     148905293                      0                                                      0                189000                      188875
     148905294                      0                                                      0                144500                      140248
     148905295                      0                                                      0                141500                      136486
     148905300                   5.35                     7/1/2007                     14.35                176000                      174903
     148905304                      0                                                      0                190000                      188374
     148905305                      0                                                      0                155500                      155130
     148905306                      0                                                      0                155000                    154507.2
     148905307                      0                                                      0                170000                      169215
     148905309                    5.6                     7/1/2007                      14.6                166500                      158190
     148905310                      0                                                      0                129000                      128598
     148905314                      6                     7/1/2007                        15                158000                      156518
     148905317                      0                                                      0                265000                      263930
     148905319                   5.21                     7/1/2007                     14.21                148000                      147829
     148905320                      0                                                      0                184000                      181847
     148905321                   5.13                     7/1/2007                     14.13                160000                      152973
     148905324                      0                                                      0                158000                      156518
     148905328                      0                                                      0                569000                      568929
     148905330                    4.3                     7/1/2007                      13.3                315000                      291485
     148905331                      0                                                      0                197000                      192799
     148905332                      5                     7/1/2007                        14                124000                      121585
     148905335                   4.15                     7/1/2007                     13.15                160000                      160000
     148905339                   5.25                     8/1/2007                     14.25                372000                      370247
     148905340                      0                                                      0                140000                      133076
     148905343                    5.1                     7/1/2007                      14.1                170000                      169584
     148905348                   5.25                     7/1/2007                     14.25                203000                      192199
     148905352                   4.35                     9/1/2007                     13.35                340000                      320075
     148905355                      0                                                      0                274000                      271690
     148905357                      0                                                      0                148000                      147829
     148905358                      0                                                      0                160000                      152973
     148905361                   5.47                     7/1/2007                     14.47                153500                      151622
     148905362                      0                                                      0                240000                      238835
     148905364                   5.05                     7/1/2007                     14.05                166000                      163891
     148905365                   3.75                     7/1/2008                     12.75                203000                      200619
     148905366                      0                                                      0                207000                      204196
     148905368                      0                                                      0                176000                      174903
     148905375                    6.3                     8/1/2007                      15.8                270000                      253856
     148905376                      0                                                      0                210000                      212743
     148905377                   4.85                     7/1/2008                     13.85                144000                      143031
     148905379                      0                                                      0                138000                      135930
     148905387                   6.55                     7/1/2008                     15.55                157000                      155660
     148905389                      0                                                      0                166500                      158190
     148905391                      0                                                      0                134000                      134000
     148905398                      0                                                      0                160000                      160000
     148905401                      0                                                      0                215000                      215000
     148905404                      0                                                      0                300000                      298025
     148905405                      0                                                      0                170000                      169702
     148905406                   4.55                     7/1/2007                     13.55                364000                      362985
     148905407                      0                                                      0                157500                      152990
     148905414                    4.2                     8/1/2007                      13.4                160000                      159692
     148905416                      0                                                      0                153500                      151622
     148905417                      0                                                      0                203000                      192199
     148905420                    5.2                     7/1/2007                      14.2                332000                      331335
     148905424                      0                                                      0                190000                      184026
     148905429                    4.4                     8/1/2008                      13.4                163000                      161013
     148905433                   6.55                     8/1/2007                     15.55                124000                      121099
     148905437                    4.8                     8/1/2007                      13.8                137000                      133888
     148905438                      0                                                      0                255000                      254555
     148905449                      0                                                      0                166000                      165787
     148905451                      0                                                      0                140000                      133076
     148905452                   4.29                     7/1/2007                     13.29                335000                      319199
     148905453                    4.4                     8/1/2007                      13.4                123000                      120197
     148905458                   5.25                     8/1/2007                     14.25                159000                      149420
     148905465                      0                                                      0                159000                      149420
     148905469                      0                                                      0                134000                      134000
     148905472                   5.65                     8/1/2007                     14.85                163000                      160295
     148905474                      0                                                      0                124000                      121099
     148905475                    4.8                     9/1/2007                        14                232000                      228098
     148905479                   5.25                     8/1/2007                     14.45                101000                       99085
     148905488                    4.5                     8/1/2007                      13.7                131000                      128355
     148905489                   4.34                     8/1/2007                     13.54                184400                      184230
     148905490                   6.19                     8/1/2007                     15.39                253000                      232990
     148905492                   4.12                     8/1/2007                     13.32                245000                      244444
     148905493                    5.1                     8/1/2007                      14.3                184000                      178005
     148905496                    3.4                     8/1/2007                      13.1                173000                      172815
     148905500                      0                                                      0                163000                      160295
     148905501                   5.25                     8/1/2007                     14.45                168300                      168295
     148905503                      5                     8/1/2008                      14.2                101000                      100520
     148905504                      0                                                      0                173000                      172815
     148905506                   6.25                     8/1/2007                     15.45                266000                      253200
     148905511                   4.65                     8/1/2008                     13.85                127000                      126885
     148905515                    5.2                     8/1/2007                      14.4                260000                      259990
     148905516                   5.75                     8/1/2007                     14.95                569000                      524745
     148905517                    4.1                     8/1/2008                      13.8                190000                      189040
     148905518                      0                                                      0                133000                      131504
     148905521                      0                                                      0                122000                      120032
     148905523                      0                                                      0                168300                      168295
     148905525                      0                                                      0                245000                      244444
     148905527                    4.8                     9/1/2007                        14                136000                      135121
     148905530                   5.21                     8/1/2007                     14.41                147000                      139675
     148905531                      4                     8/1/2007                      13.7                430000                      429084
     148905538                   5.35                     8/1/2007                     14.55                171500                      171170
     148905540                   3.45                     8/1/2007                     12.65                192000                      192000
     148905541                   4.65                     9/1/2007                     13.85                273000                      265861
     148905547                   5.55                     8/1/2007                     14.75                180000                      179140
     148905548                   5.55                     9/1/2007                     14.75                101000                       98000
     148905550                    4.8                     8/1/2007                        14                129000                      128699
     148905552                    4.8                     9/1/2007                        14                 94000                       88990
     148905561                    4.9                     8/1/2008                      14.1                124000                      121360
     148905563                    6.3                     8/1/2007                      15.5                115000                      110824
     148905568                    5.3                     8/1/2007                      14.5                145000                      142380
     148905571                   5.05                     8/1/2007                     14.75                278000                      274800
     148905591                    4.5                     8/1/2007                      13.7                400000                      398252
     148905596                    5.9                     8/1/2007                      15.1                145000                      143394
     148905598                    4.7                     9/1/2007                      13.9                150000                      148078
     148905599                    3.9                     9/1/2007                      13.1                184000                      183033
     148905602                   3.75                     9/1/2007                     12.95                245000                      241957
     148905605                   4.55                     9/1/2007                     13.75                134000                      124860
     148905609                    2.7                     9/1/2007                      11.9                293000                      293000
     148905610                   4.67                     9/1/2007                     13.87                205000                      173990
     148905613                   4.05                     9/1/2007                     13.25                190000                      184525
     148905623                   5.19                     9/1/2007                     14.39                154000                      148848
     148905629                   3.95                     9/1/2008                     13.35                144000                      142990
     148905640                   4.69                     9/1/2008                     14.09                163000                      161802
     148905641                    3.5                     9/1/2007                      12.9                146000                      144826
     148905642                      0                                                      0                123500                      121939
     148905645                      5                     9/1/2007                      14.4                260000                      253000
     148905651                   4.73                     9/1/2007                     14.13                261000                      260680
     148905652                      6                     9/1/2007                      15.4                158500                      152097
     148905654                   4.65                     9/1/2007                     14.55                184000                      183986
     148905656                      0                                                      0                138000                      137869
     148905659                   3.35                     9/1/2007                     12.75                161000                      159990
     148905666                   5.15                     9/1/2007                     14.55                172000                      165127
     148905669                      0                                                      0                153000                      152125
     148905678                   4.65                     9/1/2007                     14.05                205000                      199000
     148905685                    2.5                    10/1/2007                      12.4                184500                      184300
     148905695                   3.95                     9/1/2007                     13.35                155000                      154717
     148905713                   4.32                     9/1/2007                     13.72                156000                      151014
     148905715                      0                                                      0                185000                      182010
     148905719                   7.15                     9/1/2007                     16.55                348000                      258207
     148905720                   4.22                     9/1/2007                     13.62                160000                      159714
     148905723                    4.1                     9/1/2007                      13.5                149500                      149009
     148905733                    4.5                     9/1/2007                      13.9                155500                      152195
     148905737                      0                                                      0                128000                      124175
     148905739                      3                     9/1/2007                      12.4                157000                      156940
     148905745                    3.2                     9/1/2007                      12.6                248000                      247500
     148905767                    5.9                    10/1/2007                      15.3                176500                      176109
     148905772                   4.45                     9/1/2007                     13.85                239000                      238835
     148905783                   4.35                     9/1/2008                     13.75                174500                      170568
     148905851                      0                                                      0                131500                      129194
     148905862                      0                                                      0                317000                      313360
     148905863                      0                                                      0                158000                      156153
     148905875                      0                                                      0                165000                      163435
     148905883                      0                                                      0                155000                      154359
     148905901                      0                                                      0                140000                      139900
     148905921                      0                                                      0                266000                      265446
     186300001                    5.2                     6/1/2007                      14.1                198500                      198338
     186300003                    4.5                     7/1/2007                      13.4                440500                      440219
     186300008                   4.15                     6/1/2007                     13.05                510000                      512990
     186300011                    4.8                     8/1/2007                      13.7                449000                      448767
     186300019                   4.55                     6/1/2007                     13.45                621000                      620547
     186300024                    4.5                     6/1/2007                      13.4                463000                      462990
     186300031                   4.65                     6/1/2008                     13.55                467000                      466990
     186300038                   4.15                     6/1/2007                     13.05                342000                      318034
     186300039                   4.85                     6/1/2007                     13.75                282500                      252879
     186300042                      0                                                      0                285000                      264937
     186300047                  3.775                     9/1/2007                    12.675                500000                      487485
     186300048                    4.8                     6/1/2007                      13.7                567500                      538864
     186300051                   4.59                     6/1/2008                     13.49                124000                      121550
     186300055                    4.7                     6/1/2008                      13.6                466000                      465006
     186300057                   3.85                     6/1/2007                     12.75                290000                      286000
     186300064                      0                                                      0                342000                      318034
     186300065                   6.32                     6/1/2007                     15.22                340000                      298180
     186300067                      5                     6/1/2007                      13.9                275000                      230502
     186300069                   4.85                     6/1/2007                     13.75                445000                      408464
     186300071                  4.975                     7/1/2007                    13.875                415000                      413990
     186300074                      0                                                      0                510000                      512990
     186300075                   4.17                     6/1/2008                     13.07                265000                      257449
     186300076                    4.8                     6/1/2008                      13.7                435500                      432982
     186300079                      0                                                      0                282500                      252879
     186300080                      0                                                      0                290000                      286000
     186300086                      0                                                      0                265000                      257449
     186300087                   4.25                     7/1/2007                     13.15                453500                      453498
     186300088                   4.84                     6/1/2007                     13.74                410000                      409990
     186300092                      0                                                      0                411000                      410990
     186300093                      0                                                      0                429000                      427425
     186300096                    5.2                     8/1/2007                      14.1                336000                      335968
     186300099                      0                                                      0                463000                      462990
     186300101                      0                                                      0                557000                      556921
     186300105                      0                                                      0                290000                      286000
     186300107                   4.35                     6/1/2007                     13.25                375000                      373933
     186300108                      0                                                      0                440500                      440435
     186300109                      0                                                      0                410000                      409990
     186300111                      0                                                      0                466000                      465006
     186300113                      0                                                      0                377500                      368000
     186300114                    4.7                     7/1/2007                      13.6                381100                      381073
     186300115                      0                                                      0                425300                      425240
     186300116                    4.6                     6/1/2007                      13.5                628000                      624318
     186300119                    4.1                     6/1/2007                        13                526500                      526113
     186300120                    4.4                     7/1/2007                      13.3                460000                      459447
     186300121                   4.85                     6/1/2007                     13.75                350000                      337925
     186300122                    4.6                     7/1/2007                      13.5                315000                      294186
     186300124                      0                                                      0                474000                      473784
     186300126                    4.5                     8/1/2007                      13.4                444000                      443991
     186300128                      0                                                      0                375000                      373933
     186300129                   4.25                     7/1/2008                     13.15                235000                      224440
     186300137                   4.85                     7/1/2007                     13.75                550000                      534914
     186300139                   3.95                     6/1/2007                     12.85                415000                      414990
     186300140                    5.9                     7/1/2007                      14.8                444000                      443990
     186300142                      0                                                      0                275000                      267545
     186300146                      0                                                      0                526500                      526113
     186300148                      0                                                      0                315000                      294186
     186300150                      0                                                      0                415000                      414990
     186300157                    4.4                     7/1/2007                      13.4                272000                      270000
     186300159                    5.4                     7/1/2007                      14.4                236500                      236024
     186300160                    4.8                     7/1/2008                      13.8                214000                      207835
     186300161                    4.7                     7/1/2007                      13.7                582000                      580400
     186300163                    4.7                     7/1/2008                      13.7                474000                      473990
     186300164                   4.75                     7/1/2007                     13.75                575000                      561920
     186300167                   4.05                     7/1/2007                     13.05                288000                      287618
     186300168                   4.35                     7/1/2007                     13.35                286000                      282010
     186300175                      0                                                      0                358000                      357638
     186300182                      0                                                      0                530000                      523409
     186300184                    4.1                     8/1/2007                      13.1                435000                      434990
     186300186                      0                                                      0                288000                      287618
     186300190                    5.2                     7/1/2007                      14.2                400000                      398880
     186300191                    4.2                     7/1/2007                      13.2                369000                      362236
     186300192                      0                                                      0                550000                      534914
     186300193                   5.75                     9/1/2007                     14.75                350000                      265649
     186300195                      0                                                      0                381100                      381073
     186300196                   4.65                     8/1/2007                     13.65                380000                      378973
     186300197                      0                                                      0                286000                      282010
     186300200                      0                                                      0                147000                      145120
     186300203                      0                                                      0                236500                      236024
     186300206                    4.3                     7/1/2007                      13.3                578000                      577990
     186300208                    4.7                     7/1/2008                      13.7                451000                      450990
     186300213                      0                                                      0                260000                      257666
     186300214                      0                                                      0                419000                      418825
     186300215                      0                                                      0                214000                      207835
     186300216                    4.6                     8/1/2007                      13.6                493000                      489626
     186300223                      0                                                      0                400000                      398880
     186300225                    4.5                     8/1/2007                      13.5                381000                      380990
     186300226                      0                                                      0                185000                      181140
     186300234                      0                                                      0                400000                      399342
     186300235                   4.75                     8/1/2007                     13.75                299000                      298456
     186300236                   4.85                     9/1/2007                     13.85                300000                      299893
     186300247                      0                                                      0                400000                      398990
     186300253                   4.95                     7/1/2007                     13.95                250000                      207373
     186300255                      0                                                      0                578000                      577990
     186300256                      0                                                      0                474000                      473990
     186300261                    4.9                     7/1/2007                      13.9                398500                      395990
     186300262                   3.95                     8/1/2007                     12.95                438000                      437990
     186300263                    4.5                     8/1/2007                      13.5                408000                      407531
     186300264                   4.85                     7/1/2007                     13.85                364000                      293355
     186300265                    4.7                     8/1/2007                      13.7                470000                      467636
     186300266                      0                                                      0                335000                      310081
     186300267                   3.75                     7/1/2008                     12.75                345000                      324622
     186300269                      0                                                      0                364000                      293355
     186300273                   4.99                     8/1/2007                     13.99                180000                      173798
     186300276                      0                                                      0                345000                      324622
     186300278                      0                                                      0                270000                      261064
     186300279                      0                                                      0                493000                      489626
     186300280                   4.25                     8/1/2007                     13.25                481000                      480990
     186300281                    4.7                     8/1/2007                      13.7                360000                      345564
     186300283                      0                                                      0                398500                      395990
     186300284                      0                                                      0                299000                      298456
     186300287                   4.05                     9/1/2007                     13.25                565000                      562980
     186300294                    4.8                     8/1/2007                        14                308000                      298500
     186300295                      0                                                      0                435000                      433156
     186300296                   4.85                     8/1/2007                     14.05                446000                      445990
     186300299                   4.34                     8/1/2007                     13.54                438000                      437943
     186300302                    4.3                     9/1/2007                      13.5                569000                      568164
     186300303                      0                                                      0                415000                      407578
     186300311                      0                                                      0                360000                      345564
     186300313                      0                                                      0                402000                      401990
     186300319                   3.27                     8/1/2007                     12.47                450000                      445754
     186300322                   4.75                     8/1/2007                     13.95                405000                      398304
     186300325                   3.55                     8/1/2007                     12.75                270000                      257808
     186300327                   4.75                     8/1/2007                     13.95                400000                      399990
     186300329                      0                                                      0                435000                      433156
     186300330                   3.55                     8/1/2007                     12.75                193000                      185797
     186300334                      0                                                      0                308000                      298500
     186300335                    4.3                     9/1/2007                      13.5                564000                      563990
     186300336                    4.5                     8/1/2007                      13.7                425000                      424990
     186300343                   3.55                     9/1/2007                     12.75                604000                      602775
     186300352                    4.3                     8/1/2007                      13.5                457000                      456990
     186300354                   3.35                     8/1/2007                     12.55                490000                      489220
     186300357                    4.1                     9/1/2007                      13.3                455000                      447725
     186300361                      0                                                      0                490000                      489220
     186300363                   4.55                     8/1/2007                     13.75                279000                      277663
     186300369                    4.3                     9/1/2008                      13.5                450500                      450190
     186300376                    4.3                     9/1/2007                      13.5                424000                      421240
     186300377                    4.1                     8/1/2007                      13.3                272000                      252401
     186300380                      5                     8/1/2007                      14.2                550000                      549990
     186300388                    4.1                     8/1/2008                      13.3                362000                      361914
     186300411                   4.85                     9/1/2007                     14.05                335000                      302543
     186300420                   4.45                     9/1/2007                     13.65                432500                      431990
     186300422                    4.3                     9/1/2007                      13.5                460000                      459636
     186300424                   3.75                     9/1/2007                     12.95                320000                      318601
     186300425                    4.4                     9/1/2008                      13.6                515000                      511174
     186300431                   3.92                     9/1/2007                     13.12                536000                      535593
     186300444                    3.9                     9/1/2008                      13.3                347000                      346258
     186300455                   3.45                     9/1/2007                     12.85                370000                      368030
     186300467                   5.39                     9/1/2007                     14.79                128000                      126560
     186300469                    4.6                     9/1/2008                        14                232000                      229575
     186300470                    4.1                     9/1/2007                      13.5                463000                      459776
     186300475                   5.05                     9/1/2007                     14.45                280000                      248751
     186300481                    3.8                     9/1/2007                      13.2                432000                      429008
     186300495                   3.85                     9/1/2007                     13.25                357600                      357540
     186300496                   4.14                     9/1/2007                     13.54                398500                      393456
     186300508                    4.2                     9/1/2007                      13.6                345000                      306258
     186300512                    4.1                     9/1/2007                      13.5                284000                      277615
     186300534                   4.25                     9/1/2007                     13.65                370000                      362920
     186300581                      0                                                      0                552200                      552163
     186500001                   5.01                     6/1/2007                     13.91                150000                      148380
     186500002                    4.8                     6/1/2008                      13.7                138000                      136875
     186500003                    4.6                     6/1/2007                      13.5                117000                      113170
     186500006                   5.05                     7/1/2008                     13.95                131500                      131055
     186500007                      0                                                      0                137000                      132599
     186500008                   4.35                     6/1/2008                     13.25                118000                      111676
     186500010                      0                                                      0                150000                      148380
     186500011                      0                                                      0                190000                      188000
     186500012                    5.4                     6/1/2007                      14.3                235500                      235295
     186500013                   6.95                     6/1/2007                     15.85                122000                      117830
     186500015                      0                                                      0                138000                      136875
     186500016                      0                                                      0                137000                      132599
     186500020                   5.05                     6/1/2008                     13.95                135000                      135000
     186500026                      0                                                      0                151981                      151981
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     289401389                    5.4                     6/1/2007                      14.3                 98000                           0
     289401461                      0                                                      0                 85000                           0
     289401468                   6.09                     6/1/2007                     14.99                 61000                           0
     289401545                   5.55                    6/15/2007                     14.45                130000                           0
     289401567                   6.35                    6/15/2007                     15.25                190000                           0
     289401929                    5.5                    7/15/2007                      14.5                550000                           0
     289401954                      0                                                      0                360000                           0
     289402013                    4.3                     8/1/2007                      13.5                241000                           0
     289402161                   4.05                     9/1/2007                     13.25                129000                           0
     289402314                      0                                                      0                 76500                           0
     289402345                   3.85                     9/1/2007                     13.25                245000                           0
     289402478                    4.9                     9/1/2008                      14.3                220000                           0
     289500244                   5.95                    5/15/2007                     14.85                565000                           0
     289500274                   5.65                     6/1/2007                     14.55                369000                           0
     289500275                      0                                                      0                 85000                       80000
     289500278                   5.15                     8/1/2008                     14.15                400000                           0
     289500284                    6.7                    6/15/2007                      15.6                265000                           0
     289500297                    5.7                     6/1/2008                      14.6                350000                      340000
     289500304                      5                     7/1/2007                      13.9                350000                           0
     289500305                      0                                                      0                 70500                       69200
     289500307                   7.03                     6/1/2008                     15.93                471000                      471000
     289500315                   5.35                     6/1/2007                     14.25                 95000                       95000
     289500339                   5.45                     7/1/2007                     14.45                123000                      119250
     289500340                   6.25                     7/1/2007                     15.25                115000                      104000
     289500349                      0                                                      0                 82000                       81500
     289500374                      0                                                      0                 70000                       69900
     289500400                   4.79                     9/1/2007                     13.99                186500                           0
     289500401                      7                    8/15/2008                      16.4                133250                           0
     289500408                      0                                                      0                150000                           0
     289500413                   7.05                     9/1/2007                     16.45                 59890                       59890
     289500425                    4.2                     9/1/2008                      13.6                400000                           0
     289500434                    6.8                    9/15/2008                      16.2                 82000                       82000
     289500435                      0                                                      0                186000                           0
     289600248                   5.34                     6/1/2007                     14.24                350000                      350000
     289600302                   4.79                     6/1/2007                     13.69                356000                      356000
     289600406                   4.19                     8/1/2007                     13.19                160000                      160000
     289600411                   3.95                     7/1/2007                     12.95                400000                           0
     289600420                    4.7                     8/1/2007                      13.7                400000                           0
     289600480                   3.65                     8/1/2007                     12.85                269000                      269000
     289600485                   4.09                     8/1/2007                     13.29                430000                           0
     289600537                   3.59                     9/1/2007                     12.79                500000                      500000
     289600567                   4.95                     9/1/2007                     14.35                218000                      218000
     289600591                   4.45                     9/1/2007                     13.85                340000                           0
     289600603                      0                                                      0                415000                      410000
     289600614                    4.2                     9/1/2007                      13.6                460000                           0
     289600631                      0                                                      0                340000                      340000
     289600696                      0                                                      0                499000                      278000
     289801683                    6.5                     7/1/2007                      15.4                150000                           0
     289801732                      0                                                      0                 71450                           0
     289801777                      7                     7/1/2007                      15.9                140000                           0
     289802111                      0                                                      0                 70000                           0
     289802141                      0                                                      0                132500                           0
     289802253                    7.2                    9/15/2007                      16.4                 74000                           0
     289900006                      0                                                      0                179000                           0
     289900608                      0                                                      0                 88600                           0
     289901035                      0                                                      0                335000                           0
     289901266                   6.25                     6/1/2007                     15.15                282000                           0
     289901306                    6.6                    6/15/2007                      15.5                241000                           0
     289901324                    6.1                    6/15/2007                        15                103000                           0
     289901441                      0                                                      0                152000                           0
     289901710                   6.95                     8/1/2007                     15.95                125000                           0
     289901772                      0                                                      0                 82500                           0
     289901879                   7.36                    8/15/2007                     16.56                126000                           0
     289901904                   4.05                     8/1/2007                     13.25                135000                           0
     289901920                   5.15                     8/1/2007                     14.35                150000                           0
     289902040                    8.3                     9/1/2007                      17.7                875000                           0
     289902055                   7.15                     9/1/2007                     16.55                175000                           0
     289902188                    6.4                    10/1/2007                      15.8                102000                           0
     290000005                   7.45                    8/15/2007                     16.45                 75000                           0
     290000064                    5.6                     8/1/2007                      14.6                 75000                           0
     290000095                   6.79                    8/15/2007                     15.99                132000                           0
     290200743                      0                                                      0                 77000                           0
     290200828                   5.85                    7/15/2007                     14.75                380000                           0
     290200878                   5.85                     7/1/2007                     14.75                200000                           0
     290201420                   5.25                     9/1/2007                     14.45                123000                           0
     290201448                   4.59                     9/1/2007                     13.99                175000                           0
     290300076                   5.85                     6/1/2007                     14.75                325000                           0
     290300109                    4.6                     6/1/2007                      13.5                115000                           0
     290300275                   4.65                     7/1/2007                     13.55                220000                           0
     290300517                   4.55                    7/15/2007                     13.75                257000                           0
     290300548                   4.85                    7/15/2007                     13.75                356500                           0
     290300549                      0                                                      0                175000                           0
     290300592                   4.75                     7/1/2007                     13.75                100000                           0
     290300634                      0                                                      0                143500                           0
     290300746                    6.2                     8/1/2007                      15.2                216000                           0
     290300758                   5.25                     8/1/2007                     14.25                270000                           0
     290300927                      0                                                      0                260000                           0
     290301015                   5.55                    8/15/2007                     14.75                179000                           0
     290301108                   6.55                     8/1/2007                     15.75                635000                           0
     290301381                   4.85                    10/1/2007                     14.25                150000                           0
     290301407                      0                                                      0                551500                           0
     290301559                   4.59                    9/15/2007                     13.99                265000                           0
     290400004                      0                                                      0                263000                           0
     290400011                   6.55                     8/1/2007                     15.45                520000                           0
     290400259                    6.1                    8/15/2007                      15.3                178000                           0
     290400615                      0                                                      0                108000                           0
     290500025                   5.35                     8/1/2008                     14.25                445000                           0
     290500029                   4.99                     8/1/2007                     13.99                400000                           0
     290500569                    6.5                     9/1/2007                      15.7                280000                           0
     290600077                   4.75                    8/15/2007                     13.95                550000                           0
     290600154                      0                                                      0                520000                           0
     290800024                      0                                                      0                280000                           0
     290900066                    5.1                     9/1/2007                      14.5                600000                           0
     291000024                   5.35                     8/1/2007                     14.55                227000                           0
     291000084                   5.25                    2/15/2006                     13.95                284000                           0
     291000114                   5.95                    8/15/2007                     15.15                148000                           0
     291000136                   5.15                    8/15/2007                     14.35                280000                           0
     291000173                   4.05                    8/15/2007                     13.25                290000                           0
     291000206                   7.16                     9/1/2007                     16.56                236000                           0
     291000234                    4.4                     9/1/2007                      13.8                200000                           0
     291000250                   5.95                     9/1/2007                     15.35                200000                           0
     291000257                   5.85                    9/15/2007                     15.25                305000                           0
     291000349                   7.28                    9/15/2007                     16.68                156000                           0
     291000406                   6.45                    10/1/2007                     15.85                270000                           0
     291100015                   4.55                    8/15/2007                     13.75                500000                           0
     291100043                   4.05                    8/15/2007                     13.25                660000                           0
     291100075                    6.3                     9/1/2007                      15.5                209000                           0
     291100117                    4.2                    8/15/2007                      13.4                478000                           0
     291100153                   4.05                     9/1/2007                     13.25                650000                           0
     291100234                   4.55                    10/1/2007                     13.95                335000                           0
     291100444                    7.3                    9/15/2007                      16.7                480000                           0
     291300090                      0                                                      0                151500                           0


    Loan Number                Product                         Deferred Interest          Loan Group       Custodian
------------------        ----------------------               ------------------        ------------      ----------
     148902757            2/28 6 MO LIBOR                                                     2               JPM
     148903494            Fixed Rate Balloon                                                  3               JPM
     148903544            3/27 6 MO LIBOR IO                                                  2               JPM
     148903593            2/28 6 MO LIBOR                                                     2               JPM
     148903683            3/27 6 MO LIBOR IO                                                  2               JPM
     148903848            2/28 6 MO LIBOR                                                     2               JPM
     148903879            Fixed Rate Balloon                                                  2               JPM
     148903910            2/28 6 MO LIBOR IO                                                  2               JPM
     148903977            2/28 6 MO LIBOR                                                     2               JPM
     148904068            2/28 6 MO LIBOR                                                     2               JPM
     148904107            2/28 6 MO LIBOR IO                                                  2               JPM
     148904181            2/28 6 MO LIBOR IO                                                  3               JPM
     148904192            2/28 6 MO LIBOR IO                                                  2               JPM
     148904196            2/28 6 MO LIBOR IO                                                  3               JPM
     148904235            2/28 6 MO LIBOR IO                                                  3               JPM
     148904239            2/28 6 MO LIBOR IO                                                  2               JPM
     148904291            2/28 6 MO LIBOR IO                                                  3               JPM
     148904442            3/27 6 MO LIBOR IO                                                  2               JPM
     148904451            2/28 6 MO LIBOR                                                     2               JPM
     148904499            Fixed Rate                                                          2               JPM
     148904533            2/28 6 MO LIBOR                                                     2               JPM
     148904537            2/28 6 MO LIBOR                                                     2               JPM
     148904540            2/28 6 MO LIBOR IO                                                  2               JPM
     148904543            2/28 6 MO LIBOR                                                     2               JPM
     148904664            3/27 6 MO LIBOR IO                                                  2               JPM
     148904698            2/28 6 MO LIBOR IO                                                  2               JPM
     148904705            3/27 6 MO LIBOR IO                                                  2               JPM
     148904761            2/28 6 MO LIBOR IO                                                  2               JPM
     148904781            2/28 6 MO LIBOR IO                                                  2               JPM
     148904799            Fixed Rate                                                          2               JPM
     148904810            2/28 6 MO LIBOR                                                     2               JPM
     148904845            3/27 6 MO LIBOR IO                                                  2               JPM
     148904859            3/27 6 MO LIBOR                                                     2               JPM
     148904867            2/28 6 MO LIBOR IO                                                  2               JPM
     148904868            2/28 6 MO LIBOR                                                     2               JPM
     148904880            2/28 6 MO LIBOR                                                     2               JPM
     148904888            2/28 6 MO LIBOR                                                     2               JPM
     148904894            2/28 6 MO LIBOR                                                     2               JPM
     148904949            Fixed Rate                                                          2               JPM
     148904955            2/28 6 MO LIBOR IO                                                  2               JPM
     148904957            3/27 6 MO LIBOR IO                                                  2               JPM
     148904964            2/28 6 MO LIBOR IO                                                  2               JPM
     148904975            Fixed Rate                                                          2               JPM
     148904992            2/28 6 MO LIBOR                                                     2               JPM
     148904999            3/27 6 MO LIBOR IO                                                  2               JPM
     148905006            2/28 6 MO LIBOR IO                                                  2               JPM
     148905009            3/27 6 MO LIBOR IO                                                  2               JPM
     148905019            3/27 6 MO LIBOR                                                     2               JPM
     148905020            2/28 6 MO LIBOR                                                     1               JPM
     148905021            2/28 6 MO LIBOR                                                     2               JPM
     148905023            2/28 6 MO LIBOR IO                                                  2               JPM
     148905027            2/28 6 MO LIBOR IO                                                  2               JPM
     148905028            Fixed Rate Balloon                                                  2               JPM
     148905031            3/27 6 MO LIBOR                                                     2               JPM
     148905037            2/28 6 MO LIBOR                                                     2               JPM
     148905038            3/27 6 MO LIBOR IO                                                  2               JPM
     148905042            3/27 6 MO LIBOR                                                     2               JPM
     148905044            Fixed Rate Balloon                                                  2               JPM
     148905045            2/28 6 MO LIBOR IO                                                  2               JPM
     148905048            Fixed Rate                                                          2               JPM
     148905052            2/28 6 MO LIBOR                                                     2               JPM
     148905053            2/28 6 MO LIBOR IO                                                  2               JPM
     148905055            2/28 6 MO LIBOR                                                     2               JPM
     148905060            2/28 6 MO LIBOR IO                                                  2               JPM
     148905061            Fixed Rate                                                          2               JPM
     148905062            Fixed Rate                                                          2               JPM
     148905064            2/28 6 MO LIBOR IO                                                  3               JPM
     148905066            Fixed Rate                                                          2               JPM
     148905067            2/28 6 MO LIBOR                                                     2               JPM
     148905069            Fixed Rate Balloon                                                  2               JPM
     148905070            Fixed Rate                                                          2               JPM
     148905071            Fixed Rate                                                          2               JPM
     148905073            2/28 6 MO LIBOR                                                     2               JPM
     148905074            2/28 6 MO LIBOR                                                     2               JPM
     148905076            Fixed Rate                                                          2               JPM
     148905077            Fixed Rate                                                          2               JPM
     148905078            2/28 6 MO LIBOR                                                     2               JPM
     148905083            Fixed Rate                                                          2               JPM
     148905085            2/28 6 MO LIBOR                                                     2               JPM
     148905088            3/27 6 MO LIBOR IO                                                  2               JPM
     148905089            2/28 6 MO LIBOR                                                     2               JPM
     148905092            2/28 6 MO LIBOR IO                                                  2               JPM
     148905093            Fixed Rate                                                          2               JPM
     148905095            2/28 6 MO LIBOR                                                     2               JPM
     148905100            2/28 6 MO LIBOR                                                     2               JPM
     148905102            2/28 6 MO LIBOR                                                     2               JPM
     148905106            2/28 6 MO LIBOR IO                                                  2               JPM
     148905108            3/27 6 MO LIBOR                                                     2               JPM
     148905111            2/28 6 MO LIBOR                                                     2               JPM
     148905113            2/28 6 MO LIBOR IO                                                  2               JPM
     148905114            2/28 6 MO LIBOR IO                                                  2               JPM
     148905116            Fixed Rate Balloon                                                  2               JPM
     148905117            Fixed Rate Balloon                                                  2               JPM
     148905122            2/28 6 MO LIBOR IO                                                  2               JPM
     148905124            Fixed Rate Balloon                                                  2               JPM
     148905125            Fixed Rate Balloon                                                  2               JPM
     148905126            2/28 6 MO LIBOR IO                                                  2               JPM
     148905127            Fixed Rate Balloon                                                  2               JPM
     148905128            Fixed Rate Balloon                                                  2               JPM
     148905129            Fixed Rate Balloon                                                  2               JPM
     148905131            2/28 6 MO LIBOR                                                     2               JPM
     148905135            Fixed Rate                                                          2               JPM
     148905140            Fixed Rate Balloon                                                  2               JPM
     148905141            2/28 6 MO LIBOR                                                     2               JPM
     148905142            2/28 6 MO LIBOR IO                                                  2               JPM
     148905147            Fixed Rate Balloon                                                  2               JPM
     148905148            Fixed Rate Balloon                                                  2               JPM
     148905149            Fixed Rate Balloon                                                  2               JPM
     148905153            3/27 6 MO LIBOR IO                                                  2               JPM
     148905154            2/28 6 MO LIBOR                                                     3               JPM
     148905155            2/28 6 MO LIBOR IO                                                  2               JPM
     148905156            3/27 6 MO LIBOR IO                                                  2               JPM
     148905158            2/28 6 MO LIBOR IO                                                  2               JPM
     148905159            Fixed Rate Balloon                                                  2               JPM
     148905160            Fixed Rate Balloon                                                  2               JPM
     148905161            Fixed Rate                                                          2               JPM
     148905163            3/27 6 MO LIBOR                                                     2               JPM
     148905166            Fixed Rate Balloon                                                  2               JPM
     148905167            2/28 6 MO LIBOR                                                     2               JPM
     148905168            3/27 6 MO LIBOR                                                     2               JPM
     148905171            2/28 6 MO LIBOR                                                     2               JPM
     148905176            Fixed Rate Balloon                                                  2               JPM
     148905177            2/28 6 MO LIBOR IO                                                  2               JPM
     148905178            Fixed Rate                                                          2               JPM
     148905179            2/28 6 MO LIBOR IO                                                  2               JPM
     148905180            Fixed Rate Balloon                                                  2               JPM
     148905181            Fixed Rate Balloon                                                  2               JPM
     148905183            Fixed Rate                                                          2               JPM
     148905184            3/27 6 MO LIBOR IO                                                  2               JPM
     148905185            Fixed Rate Balloon                                                  2               JPM
     148905186            Fixed Rate                                                          2               JPM
     148905188            Fixed Rate                                                          2               JPM
     148905189            Fixed Rate Balloon                                                  2               JPM
     148905191            Fixed Rate Balloon                                                  2               JPM
     148905194            Fixed Rate Balloon                                                  2               JPM
     148905196            2/28 6 MO LIBOR IO                                                  3               JPM
     148905197            Fixed Rate Balloon                                                  2               JPM
     148905199            Fixed Rate Balloon                                                  2               JPM
     148905201            Fixed Rate Balloon                                                  2               JPM
     148905207            Fixed Rate Balloon                                                  2               JPM
     148905209            2/28 6 MO LIBOR                                                     2               JPM
     148905214            Fixed Rate                                                          2               JPM
     148905216            2/28 6 MO LIBOR                                                     2               JPM
     148905217            Fixed Rate                                                          2               JPM
     148905224            Fixed Rate Balloon                                                  2               JPM
     148905225            2/28 6 MO LIBOR                                                     2               JPM
     148905226            2/28 6 MO LIBOR                                                     2               JPM
     148905227            Fixed Rate                                                          2               JPM
     148905228            2/28 6 MO LIBOR                                                     2               JPM
     148905230            Fixed Rate Balloon                                                  2               JPM
     148905231            2/28 6 MO LIBOR                                                     2               JPM
     148905233            2/28 6 MO LIBOR                                                     2               JPM
     148905237            Fixed Rate                                                          2               JPM
     148905238            2/28 6 MO LIBOR                                                     2               JPM
     148905239            2/28 6 MO LIBOR IO                                                  3               JPM
     148905240            Fixed Rate                                                          2               JPM
     148905242            2/28 6 MO LIBOR IO                                                  2               JPM
     148905244            Fixed Rate Balloon                                                  2               JPM
     148905255            2/28 6 MO LIBOR IO                                                  2               JPM
     148905257            2/28 6 MO LIBOR IO                                                  2               JPM
     148905259            3/27 6 MO LIBOR IO                                                  2               JPM
     148905260            2/28 6 MO LIBOR                                                     2               JPM
     148905262            3/27 6 MO LIBOR IO                                                  2               JPM
     148905265            Fixed Rate                                                          2               JPM
     148905267            2/28 6 MO LIBOR                                                     2               JPM
     148905269            2/28 6 MO LIBOR IO                                                  2               JPM
     148905272            Fixed Rate Balloon                                                  2               JPM
     148905273            Fixed Rate Balloon                                                  2               JPM
     148905274            Fixed Rate Balloon                                                  2               JPM
     148905285            2/28 6 MO LIBOR                                                     2               JPM
     148905287            Fixed Rate                                                          2               JPM
     148905289            Fixed Rate                                                          2               JPM
     148905291            Fixed Rate Balloon                                                  2               JPM
     148905292            2/28 6 MO LIBOR                                                     2               JPM
     148905293            Fixed Rate                                                          2               JPM
     148905294            Fixed Rate Balloon                                                  2               JPM
     148905295            Fixed Rate                                                          2               JPM
     148905300            2/28 6 MO LIBOR IO                                                  2               JPM
     148905304            Fixed Rate                                                          2               JPM
     148905305            Fixed Rate                                                          2               JPM
     148905306            Fixed Rate Balloon                                                  2               JPM
     148905307            Fixed Rate Balloon                                                  2               JPM
     148905309            2/28 6 MO LIBOR IO                                                  2               JPM
     148905310            Fixed Rate                                                          2               JPM
     148905314            2/28 6 MO LIBOR IO                                                  2               JPM
     148905317            Fixed Rate                                                          2               JPM
     148905319            2/28 6 MO LIBOR                                                     2               JPM
     148905320            Fixed Rate Balloon                                                  2               JPM
     148905321            2/28 6 MO LIBOR IO                                                  2               JPM
     148905324            Fixed Rate                                                          2               JPM
     148905328            Fixed Rate Balloon                                                  2               JPM
     148905330            2/28 6 MO LIBOR                                                     2               JPM
     148905331            Fixed Rate Balloon                                                  2               JPM
     148905332            2/28 6 MO LIBOR                                                     2               JPM
     148905335            2/28 6 MO LIBOR IO                                                  2               JPM
     148905339            2/28 6 MO LIBOR IO                                                  2               JPM
     148905340            Fixed Rate                                                          2               JPM
     148905343            2/28 6 MO LIBOR                                                     2               JPM
     148905348            2/28 6 MO LIBOR                                                     2               JPM
     148905352            2/28 6 MO LIBOR IO                                                  3               JPM
     148905355            Fixed Rate Balloon                                                  2               JPM
     148905357            Fixed Rate                                                          2               JPM
     148905358            Fixed Rate Balloon                                                  2               JPM
     148905361            2/28 6 MO LIBOR IO                                                  2               JPM
     148905362            Fixed Rate                                                          2               JPM
     148905364            2/28 6 MO LIBOR                                                     2               JPM
     148905365            3/27 6 MO LIBOR IO                                                  2               JPM
     148905366            Fixed Rate                                                          2               JPM
     148905368            Fixed Rate Balloon                                                  2               JPM
     148905375            2/28 6 MO LIBOR IO                                                  2               JPM
     148905376            Fixed Rate Balloon                                                  2               JPM
     148905377            3/27 6 MO LIBOR                                                     2               JPM
     148905379            Fixed Rate                                                          2               JPM
     148905387            3/27 6 MO LIBOR IO                                                  2               JPM
     148905389            Fixed Rate                                                          2               JPM
     148905391            Fixed Rate                                                          2               JPM
     148905398            Fixed Rate                                                          2               JPM
     148905401            Fixed Rate Balloon                                                  2               JPM
     148905404            Fixed Rate                                                          2               JPM
     148905405            Fixed Rate Balloon                                                  2               JPM
     148905406            2/28 6 MO LIBOR                                                     2               JPM
     148905407            Fixed Rate                                                          2               JPM
     148905414            2/28 6 MO LIBOR                                                     2               JPM
     148905416            Fixed Rate                                                          2               JPM
     148905417            Fixed Rate                                                          2               JPM
     148905420            2/28 6 MO LIBOR                                                     2               JPM
     148905424            Fixed Rate Balloon                                                  2               JPM
     148905429            3/27 6 MO LIBOR IO                                                  2               JPM
     148905433            2/28 6 MO LIBOR                                                     2               JPM
     148905437            2/28 6 MO LIBOR                                                     2               JPM
     148905438            Fixed Rate Balloon                                                  2               JPM
     148905449            Fixed Rate                                                          2               JPM
     148905451            Fixed Rate                                                          2               JPM
     148905452            2/28 6 MO LIBOR                                                     2               JPM
     148905453            2/28 6 MO LIBOR                                                     2               JPM
     148905458            2/28 6 MO LIBOR                                                     2               JPM
     148905465            Fixed Rate                                                          2               JPM
     148905469            Fixed Rate Balloon                                                  2               JPM
     148905472            2/28 6 MO LIBOR IO                                                  2               JPM
     148905474            Fixed Rate                                                          2               JPM
     148905475            2/28 6 MO LIBOR IO                                                  3               JPM
     148905479            2/28 6 MO LIBOR                                                     3               JPM
     148905488            2/28 6 MO LIBOR                                                     3               JPM
     148905489            2/28 6 MO LIBOR IO                                                  3               JPM
     148905490            2/28 6 MO LIBOR IO                                                  1               JPM
     148905492            2/28 6 MO LIBOR IO                                                  2               JPM
     148905493            2/28 6 MO LIBOR IO                                                  3               JPM
     148905496            2/28 6 MO LIBOR IO                                                  2               JPM
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     186300001            2/28 6 MO LIBOR IO                                                  2               JPM
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     186300216            2/28 6 MO LIBOR IO                                                  2               JPM
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     240518701            Fixed Rate                                                          2               JPM
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     240518922            2/28 6 MO LIBOR                                                     3               JPM
     240600614            Fixed Rate                                                          1               JPM
     240602651            Fixed Rate                                                          2               JPM
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     240608541            2/28 6 MO LIBOR                                                     3               JPM
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     240624227            2/28 6 MO LIBOR                                                     2               JPM
     240624525            2/28 6 MO LIBOR                                                     1               JPM
     240624584            2/28 6 MO LIBOR                                                     3               JPM
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     240624782            3/27 6 MO LIBOR                                                     3               JPM
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     240625046            2/28 6 MO LIBOR                                                     3               JPM
     240801026            Fixed Rate Balloon                                                  1               JPM
     240806526            Fixed Rate                                                          3               JPM
     240907275            Fixed Rate                                                          3               JPM
     240907390            Fixed Rate                                                          3               JPM
     240907433            Fixed Rate                                                          3               JPM
     240920596            Fixed Rate                                                          2               JPM
     241000872            6 MO LIBOR                                                          1               JPM
     241005795            Fixed Rate                                                          3               JPM
     241109315            Fixed Rate Balloon                                                  3               JPM
     241109471            Fixed Rate Balloon                                                  3               JPM
     241109554            Fixed Rate                                                          3               JPM
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     241109909            Fixed Rate                                                          3               JPM
     241123788            2/28 6 MO LIBOR                                                     3               JPM
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     241123841            6 MO LIBOR                                                          1               JPM
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     241206830            2/28 6 MO LIBOR                                                     3               JPM
     241207648            Fixed Rate                                                          3               JPM
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     241219393            2/28 6 MO LIBOR                                                     1               JPM
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     241219683            2/28 6 MO LIBOR                                                     2               JPM
     241219987            2/28 6 MO LIBOR                                                     1               JPM
     241220009            2/28 6 MO LIBOR                                                     2               JPM
     241220081            Fixed Rate                                                          2               JPM
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     241220236            2/28 6 MO LIBOR                                                     2               JPM
     241220257            2/28 6 MO LIBOR                                                     1               JPM
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     241220275            2/28 6 MO LIBOR                                                     1               JPM
     241220284            2/28 6 MO LIBOR                                                     1               JPM
     241220308            Fixed Rate                                                          2               JPM
     241220356            2/28 6 MO LIBOR                                                     1               JPM
     241220385            2/28 6 MO LIBOR                                                     1               JPM
     241220404            2/28 6 MO LIBOR                                                     3               JPM
     241220425            2/28 6 MO LIBOR                                                     3               JPM
     241220439            2/28 6 MO LIBOR                                                     3               JPM
     241220449            2/28 6 MO LIBOR                                                     1               JPM
     241220541            Fixed Rate                                                          3               JPM
     241220560            2/28 6 MO LIBOR                                                     3               JPM
     241220612            2/28 6 MO LIBOR                                                     3               JPM
     241220669            Fixed Rate                                                          3               JPM
     241220685            2/28 6 MO LIBOR                                                     3               JPM
     241301555            Fixed Rate                                                          2               JPM
     241306823            Fixed Rate                                                          3               JPM
     241322445            Fixed Rate                                                          2               JPM
     241322513            2/28 6 MO LIBOR                                                     1               JPM
     241322714            2/28 6 MO LIBOR                                                     2               JPM
     241322730            2/28 6 MO LIBOR                                                     2               JPM
     241322753            2/28 6 MO LIBOR                                                     1               JPM
     241322766            2/28 6 MO LIBOR                                                     2               JPM
     241322834            6 MO LIBOR                                                          1               JPM
     241322904            2/28 6 MO LIBOR                                                     2               JPM
     241322905            2/28 6 MO LIBOR                                                     2               JPM
     241322911            2/28 6 MO LIBOR                                                     2               JPM
     241322913            2/28 6 MO LIBOR                                                     2               JPM
     241323090            6 MO LIBOR                                                          1               JPM
     241323115            2/28 6 MO LIBOR                                                     2               JPM
     241323361            2/28 6 MO LIBOR                                                     2               JPM
     241323367            2/28 6 MO LIBOR                                                     1               JPM
     241323396            2/28 6 MO LIBOR                                                     1               JPM
     241323541            2/28 6 MO LIBOR                                                     3               JPM
     241323563            2/28 6 MO LIBOR                                                     1               JPM
     241323665            2/28 6 MO LIBOR                                                     1               JPM
     241323719            2/28 6 MO LIBOR                                                     3               JPM
     241323722            2/28 6 MO LIBOR                                                     3               JPM
     241323810            2/28 6 MO LIBOR                                                     3               JPM
     241323828            2/28 6 MO LIBOR                                                     3               JPM
     241323862            2/28 6 MO LIBOR                                                     3               JPM
     241323879            2/28 6 MO LIBOR                                                     3               JPM
     241323925            2/28 6 MO LIBOR                                                     3               JPM
     241323927            2/28 6 MO LIBOR                                                     3               JPM
     241323943            2/28 6 MO LIBOR                                                     3               JPM
     241323968            2/28 6 MO LIBOR                                                     3               JPM
     241324046            2/28 6 MO LIBOR                                                     3               JPM
     241324277            Fixed Rate Balloon                                                  3               JPM
     241400669            2/28 6 MO LIBOR                                                     1               JPM
     241401285            Fixed Rate                                                          2               JPM
     241418722            3/27 6 MO LIBOR                                                     2               JPM
     241418767            2/28 6 MO LIBOR                                                     1               JPM
     241418782            2/28 6 MO LIBOR                                                     1               JPM
     241418942            Fixed Rate                                                          2               JPM
     241419244            2/28 6 MO LIBOR                                                     3               JPM
     241419303            2/28 6 MO LIBOR                                                     3               JPM
     241419313            2/28 6 MO LIBOR                                                     3               JPM
     241419397            2/28 6 MO LIBOR                                                     3               JPM
     241503548            6 MO LIBOR                                                          3               JPM
     241503568            2/28 6 MO LIBOR                                                     3               JPM
     241503878            6 MO LIBOR                                                          3               JPM
     241503890            6 MO LIBOR                                                          3               JPM
     241503901            Fixed Rate                                                          3               JPM
     241503977            6 MO LIBOR                                                          3               JPM
     241504183            6 MO LIBOR                                                          3               JPM
     241504254            Fixed Rate                                                          3               JPM
     241515750            2/28 6 MO LIBOR                                                     1               JPM
     241516289            Fixed Rate Balloon                                                  2               JPM
     241516497            Fixed Rate                                                          2               JPM
     241516551            2/28 6 MO LIBOR                                                     2               JPM
     241516780            Fixed Rate Balloon                                                  2               JPM
     241516808            2/28 6 MO LIBOR                                                     1               JPM
     241516845            Fixed Rate Balloon                                                  2               JPM
     241516859            2/28 6 MO LIBOR                                                     1               JPM
     241516865            Fixed Rate Balloon                                                  2               JPM
     241516890            2/28 6 MO LIBOR                                                     1               JPM
     241516965            2/28 6 MO LIBOR                                                     1               JPM
     241517034            Fixed Rate Balloon                                                  2               JPM
     241517088            2/28 6 MO LIBOR                                                     1               JPM
     241517092            Fixed Rate                                                          2               JPM
     241517189            2/28 6 MO LIBOR                                                     1               JPM
     241517254            2/28 6 MO LIBOR                                                     1               JPM
     241517258            Fixed Rate Balloon                                                  2               JPM
     241517277            2/28 6 MO LIBOR                                                     1               JPM
     241517418            Fixed Rate                                                          1               JPM
     241517431            Fixed Rate                                                          1               JPM
     241517453            Fixed Rate                                                          1               JPM
     241517485            Fixed Rate                                                          3               JPM
     241517606            2/28 6 MO LIBOR                                                     3               JPM
     241517693            2/28 6 MO LIBOR                                                     3               JPM
     241517703            2/28 6 MO LIBOR                                                     3               JPM
     241517742            2/28 6 MO LIBOR                                                     3               JPM
     241517751            2/28 6 MO LIBOR                                                     3               JPM
     241517871            Fixed Rate                                                          3               JPM
     241600766            Fixed Rate                                                          2               JPM
     241604507            Fixed Rate                                                          3               JPM
     241604555            Fixed Rate                                                          3               JPM
     241604775            Fixed Rate                                                          3               JPM
     241700610            6 MO LIBOR                                                          1               JPM
     241718294            2/28 6 MO LIBOR                                                     1               JPM
     241718342            2/28 6 MO LIBOR                                                     2               JPM
     241718406            Fixed Rate                                                          2               JPM
     241718525            2/28 6 MO LIBOR                                                     2               JPM
     241718550            Fixed Rate                                                          2               JPM
     241718657            Fixed Rate Balloon                                                  2               JPM
     241718858            Fixed Rate                                                          2               JPM
     241718919            Fixed Rate                                                          2               JPM
     241718931            Fixed Rate Balloon                                                  2               JPM
     241718932            3/27 6 MO LIBOR                                                     1               JPM
     241719035            2/28 6 MO LIBOR                                                     1               JPM
     241719055            2/28 6 MO LIBOR                                                     1               JPM
     241719070            2/28 6 MO LIBOR                                                     1               JPM
     241719090            2/28 6 MO LIBOR                                                     1               JPM
     241800716            2/28 6 MO LIBOR                                                     1               JPM
     241800974            2/28 6 MO LIBOR                                                     1               JPM
     241807413            Fixed Rate Balloon                                                  3               JPM
     241902082            Fixed Rate                                                          2               JPM
     241902141            Fixed Rate                                                          2               JPM
     241909160            Fixed Rate                                                          3               JPM
     241919863            2/28 6 MO LIBOR                                                     2               JPM
     241919974            2/28 6 MO LIBOR                                                     1               JPM
     241920065            Fixed Rate                                                          2               JPM
     241920097            Fixed Rate                                                          2               JPM
     241920209            2/28 6 MO LIBOR                                                     2               JPM
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     241920285            2/28 6 MO LIBOR                                                     1               JPM
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     241920336            2/28 6 MO LIBOR                                                     1               JPM
     241920353            2/28 6 MO LIBOR                                                     1               JPM
     241920368            Fixed Rate                                                          1               JPM
     241920409            Fixed Rate                                                          1               JPM
     241920414            Fixed Rate                                                          1               JPM
     241920416            2/28 6 MO LIBOR                                                     1               JPM
     241920452            2/28 6 MO LIBOR                                                     3               JPM
     241920483            2/28 6 MO LIBOR                                                     1               JPM
     241920538            2/28 6 MO LIBOR                                                     3               JPM
     241920586            2/28 6 MO LIBOR                                                     3               JPM
     241920700            Fixed Rate                                                          3               JPM
     241920804            Fixed Rate                                                          3               JPM
     242005754            Fixed Rate                                                          3               JPM
     242100696            2/28 6 MO LIBOR                                                     1               JPM
     242100970            6 MO LIBOR                                                          1               JPM
     242105301            6 MO LIBOR                                                          3               JPM
     242105337            2/28 6 MO LIBOR                                                     3               JPM
     242105431            Fixed Rate Balloon                                                  3               JPM
     242105444            2/28 6 MO LIBOR                                                     3               JPM
     242105466            6 MO LIBOR                                                          3               JPM
     242105598            6 MO LIBOR                                                          3               JPM
     242117164            2/28 6 MO LIBOR                                                     3               JPM
     242118369            Fixed Rate                                                          2               JPM
     242118396            2/28 6 MO LIBOR                                                     2               JPM
     242118431            2/28 6 MO LIBOR                                                     2               JPM
     242118438            2/28 6 MO LIBOR                                                     2               JPM
     242118502            2/28 6 MO LIBOR                                                     2               JPM
     242118692            2/28 6 MO LIBOR                                                     1               JPM
     242118843            Fixed Rate                                                          2               JPM
     242118952            2/28 6 MO LIBOR                                                     2               JPM
     242119058            2/28 6 MO LIBOR                                                     3               JPM
     242119105            2/28 6 MO LIBOR                                                     1               JPM
     242119140            Fixed Rate                                                          2               JPM
     242119162            2/28 6 MO LIBOR                                                     2               JPM
     242119195            2/28 6 MO LIBOR                                                     1               JPM
     242119272            2/28 6 MO LIBOR                                                     1               JPM
     242119301            2/28 6 MO LIBOR                                                     1               JPM
     242119317            2/28 6 MO LIBOR                                                     1               JPM
     242119321            2/28 6 MO LIBOR                                                     3               JPM
     242119322            3/27 6 MO LIBOR                                                     1               JPM
     242119336            2/28 6 MO LIBOR                                                     1               JPM
     242119346            Fixed Rate                                                          1               JPM
     242119440            2/28 6 MO LIBOR                                                     3               JPM
     242119475            2/28 6 MO LIBOR                                                     3               JPM
     242119523            2/28 6 MO LIBOR                                                     3               JPM
     242119585            2/28 6 MO LIBOR                                                     3               JPM
     242217865            Fixed Rate Balloon                                                  2               JPM
     242217930            Fixed Rate Balloon                                                  2               JPM
     242217971            2/28 6 MO LIBOR                                                     2               JPM
     242218259            Fixed Rate Balloon                                                  2               JPM
     242218332            3/27 6 MO LIBOR                                                     1               JPM
     242218339            Fixed Rate Balloon                                                  2               JPM
     242218355            Fixed Rate Balloon                                                  2               JPM
     242218447            2/28 6 MO LIBOR                                                     3               JPM
     242218754            3/27 6 MO LIBOR                                                     3               JPM
     242218779            3/27 6 MO LIBOR                                                     3               JPM
     242218825            Fixed Rate                                                          3               JPM
     242307675            Fixed Rate                                                          3               JPM
     242307767            Fixed Rate                                                          3               JPM
     242319119            2/28 6 MO LIBOR                                                     1               JPM
     242319295            2/28 6 MO LIBOR                                                     2               JPM
     242319639            2/28 6 MO LIBOR                                                     2               JPM
     242319647            2/28 6 MO LIBOR                                                     2               JPM
     242319834            2/28 6 MO LIBOR                                                     1               JPM
     242319845            2/28 6 MO LIBOR                                                     1               JPM
     242319859            2/28 6 MO LIBOR                                                     1               JPM
     242319879            2/28 6 MO LIBOR                                                     1               JPM
     242319895            2/28 6 MO LIBOR                                                     1               JPM
     242319915            Fixed Rate                                                          1               JPM
     242319945            2/28 6 MO LIBOR                                                     1               JPM
     242319949            2/28 6 MO LIBOR                                                     1               JPM
     242319977            Fixed Rate                                                          3               JPM
     242320048            2/28 6 MO LIBOR                                                     1               JPM
     242320057            2/28 6 MO LIBOR                                                     3               JPM
     242320068            2/28 6 MO LIBOR                                                     3               JPM
     242320133            2/28 6 MO LIBOR                                                     3               JPM
     242320254            2/28 6 MO LIBOR                                                     3               JPM
     242320330            2/28 6 MO LIBOR                                                     3               JPM
     242320432            2/28 6 MO LIBOR                                                     3               JPM
     242400789            Fixed Rate                                                          2               JPM
     242403901            Fixed Rate                                                          3               JPM
     242413438            Fixed Rate                                                          2               JPM
     242414705            3/27 6 MO LIBOR                                                     2               JPM
     242414953            3/27 6 MO LIBOR                                                     1               JPM
     242414972            3/27 6 MO LIBOR                                                     2               JPM
     242414997            3/27 6 MO LIBOR                                                     1               JPM
     242415000            Fixed Rate                                                          2               JPM
     242415041            3/27 6 MO LIBOR                                                     1               JPM
     242415055            Fixed Rate                                                          2               JPM
     242415298            Fixed Rate                                                          1               JPM
     242415368            3/27 6 MO LIBOR                                                     1               JPM
     242415446            Fixed Rate                                                          1               JPM
     242415447            3/27 6 MO LIBOR                                                     1               JPM
     242415452            3/27 6 MO LIBOR                                                     1               JPM
     242415471            3/27 6 MO LIBOR                                                     1               JPM
     242415568            Fixed Rate                                                          3               JPM
     242415576            3/27 6 MO LIBOR                                                     1               JPM
     242415596            3/27 6 MO LIBOR                                                     1               JPM
     242415744            3/27 6 MO LIBOR                                                     3               JPM
     242415825            3/27 6 MO LIBOR                                                     3               JPM
     242416065            2/28 6 MO LIBOR                                                     3               JPM
     242603584            Fixed Rate                                                          3               JPM
     242620256            2/28 6 MO LIBOR                                                     2               JPM
     242620274            2/28 6 MO LIBOR                                                     2               JPM
     242620383            2/28 6 MO LIBOR                                                     1               JPM
     242620533            2/28 6 MO LIBOR                                                     1               JPM
     242620571            2/28 6 MO LIBOR                                                     1               JPM
     242620606            2/28 6 MO LIBOR                                                     1               JPM
     242620625            2/28 6 MO LIBOR                                                     1               JPM
     242620806            2/28 6 MO LIBOR                                                     3               JPM
     242620817            2/28 6 MO LIBOR                                                     3               JPM
     242700442            Fixed Rate                                                          3               JPM
     242711623            2/28 6 MO LIBOR                                                     1               JPM
     242711819            2/28 6 MO LIBOR                                                     1               JPM
     242711866            2/28 6 MO LIBOR                                                     2               JPM
     242711976            Fixed Rate                                                          1               JPM
     242711991            Fixed Rate                                                          1               JPM
     242712086            3/27 6 MO LIBOR                                                     1               JPM
     242712127            2/28 6 MO LIBOR                                                     1               JPM
     242712134            2/28 6 MO LIBOR                                                     3               JPM
     242712158            Fixed Rate                                                          1               JPM
     242712418            2/28 6 MO LIBOR                                                     3               JPM
     242800346            Fixed Rate                                                          2               JPM
     242819277            Fixed Rate                                                          2               JPM
     242819587            2/28 6 MO LIBOR                                                     1               JPM
     242819631            Fixed Rate Balloon                                                  2               JPM
     242819646            2/28 6 MO LIBOR                                                     2               JPM
     242819670            2/28 6 MO LIBOR                                                     2               JPM
     242819758            2/28 6 MO LIBOR                                                     1               JPM
     242819763            Fixed Rate Balloon                                                  2               JPM
     242819774            2/28 6 MO LIBOR                                                     2               JPM
     242819802            2/28 6 MO LIBOR                                                     2               JPM
     242819813            2/28 6 MO LIBOR                                                     2               JPM
     242819817            3/27 6 MO LIBOR                                                     2               JPM
     242819831            Fixed Rate                                                          2               JPM
     242819832            2/28 6 MO LIBOR                                                     2               JPM
     242819868            3/27 6 MO LIBOR                                                     2               JPM
     242819999            2/28 6 MO LIBOR                                                     1               JPM
     242820085            3/27 6 MO LIBOR                                                     1               JPM
     242820155            Fixed Rate Balloon                                                  2               JPM
     242820161            Fixed Rate Balloon                                                  2               JPM
     242820167            2/28 6 MO LIBOR                                                     1               JPM
     242820170            2/28 6 MO LIBOR                                                     1               JPM
     242820191            2/28 6 MO LIBOR                                                     3               JPM
     242820200            2/28 6 MO LIBOR                                                     3               JPM
     242820219            2/28 6 MO LIBOR                                                     1               JPM
     242820255            2/28 6 MO LIBOR                                                     1               JPM
     242820361            2/28 6 MO LIBOR                                                     3               JPM
     242820411            2/28 6 MO LIBOR                                                     3               JPM
     242820423            2/28 6 MO LIBOR                                                     3               JPM
     242820480            Fixed Rate                                                          3               JPM
     242820498            2/28 6 MO LIBOR                                                     3               JPM
     242820513            Fixed Rate                                                          3               JPM
     242820516            Fixed Rate                                                          3               JPM
     242900629            Fixed Rate                                                          2               JPM
     242900720            Fixed Rate                                                          1               JPM
     242900722            Fixed Rate                                                          1               JPM
     242907747            Fixed Rate                                                          3               JPM
     242907837            Fixed Rate                                                          3               JPM
     242907846            Fixed Rate                                                          3               JPM
     242907919            Fixed Rate                                                          3               JPM
     242907936            Fixed Rate                                                          3               JPM
     242907945            Fixed Rate                                                          3               JPM
     242907948            Fixed Rate                                                          3               JPM
     242908182            Fixed Rate                                                          3               JPM
     242922647            2/28 6 MO LIBOR                                                     1               JPM
     242922897            2/28 6 MO LIBOR                                                     1               JPM
     242923205            2/28 6 MO LIBOR                                                     2               JPM
     243103471            Fixed Rate                                                          3               JPM
     243113201            3/27 6 MO LIBOR                                                     2               JPM
     243113727            3/27 6 MO LIBOR                                                     1               JPM
     243114005            2/28 6 MO LIBOR                                                     2               JPM
     243114037            3/27 6 MO LIBOR                                                     1               JPM
     243114355            Fixed Rate                                                          2               JPM
     243114358            Fixed Rate                                                          2               JPM
     243114435            2/28 6 MO LIBOR                                                     1               JPM
     243114546            3/27 6 MO LIBOR                                                     2               JPM
     243114564            3/27 6 MO LIBOR                                                     3               JPM
     243114620            2/28 6 MO LIBOR                                                     1               JPM
     243114685            Fixed Rate                                                          2               JPM
     243114706            3/27 6 MO LIBOR                                                     2               JPM
     243114732            3/27 6 MO LIBOR                                                     1               JPM
     243114743            Fixed Rate                                                          1               JPM
     243114788            2/28 6 MO LIBOR                                                     1               JPM
     243114823            2/28 6 MO LIBOR                                                     1               JPM
     243114930            2/28 6 MO LIBOR                                                     3               JPM
     243114940            3/27 6 MO LIBOR                                                     3               JPM
     243114988            3/27 6 MO LIBOR                                                     3               JPM
     243214306            2/28 6 MO LIBOR                                                     2               JPM
     243214384            2/28 6 MO LIBOR                                                     2               JPM
     243214464            2/28 6 MO LIBOR                                                     2               JPM
     243214465            Fixed Rate                                                          2               JPM
     243214692            Fixed Rate                                                          2               JPM
     243214703            2/28 6 MO LIBOR                                                     1               JPM
     243214722            Fixed Rate Balloon                                                  2               JPM
     243214751            2/28 6 MO LIBOR                                                     2               JPM
     243214795            Fixed Rate                                                          2               JPM
     243214871            2/28 6 MO LIBOR                                                     2               JPM
     243214891            2/28 6 MO LIBOR                                                     1               JPM
     243214947            2/28 6 MO LIBOR                                                     1               JPM
     243214957            2/28 6 MO LIBOR                                                     1               JPM
     243214999            2/28 6 MO LIBOR                                                     3               JPM
     243215067            2/28 6 MO LIBOR                                                     1               JPM
     243303923            Fixed Rate                                                          3               JPM
     243319598            2/28 6 MO LIBOR                                                     1               JPM
     243319625            2/28 6 MO LIBOR                                                     1               JPM
     243319695            2/28 6 MO LIBOR                                                     1               JPM
     243319704            2/28 6 MO LIBOR                                                     3               JPM
     243319746            2/28 6 MO LIBOR                                                     1               JPM
     243319893            2/28 6 MO LIBOR                                                     3               JPM
     243319949            2/28 6 MO LIBOR                                                     3               JPM
     243416625            2/28 6 MO LIBOR                                                     1               JPM
     243416682            2/28 6 MO LIBOR                                                     1               JPM
     243416737            2/28 6 MO LIBOR                                                     1               JPM
     243416794            2/28 6 MO LIBOR                                                     2               JPM
     243416867            2/28 6 MO LIBOR                                                     1               JPM
     243416944            2/28 6 MO LIBOR                                                     1               JPM
     243417012            2/28 6 MO LIBOR                                                     1               JPM
     243417021            Fixed Rate                                                          2               JPM
     243417065            2/28 6 MO LIBOR                                                     2               JPM
     243417083            2/28 6 MO LIBOR                                                     1               JPM
     243417106            2/28 6 MO LIBOR                                                     3               JPM
     243417127            2/28 6 MO LIBOR                                                     1               JPM
     243417133            2/28 6 MO LIBOR                                                     2               JPM
     243417159            2/28 6 MO LIBOR                                                     1               JPM
     243417230            2/28 6 MO LIBOR                                                     3               JPM
     243417252            2/28 6 MO LIBOR                                                     1               JPM
     243417259            2/28 6 MO LIBOR                                                     1               JPM
     243503955            2/28 6 MO LIBOR                                                     3               JPM
     243503962            Fixed Rate                                                          3               JPM
     243504008            2/28 6 MO LIBOR                                                     3               JPM
     243504167            Fixed Rate                                                          3               JPM
     243504322            2/28 6 MO LIBOR                                                     3               JPM
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     243521285            2/28 6 MO LIBOR                                                     2               JPM
     243521479            2/28 6 MO LIBOR                                                     2               JPM
     243521543            2/28 6 MO LIBOR                                                     1               JPM
     243521565            2/28 6 MO LIBOR                                                     1               JPM
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     243521726            2/28 6 MO LIBOR                                                     2               JPM
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     243521796            2/28 6 MO LIBOR                                                     1               JPM
     243521823            2/28 6 MO LIBOR                                                     1               JPM
     243521835            2/28 6 MO LIBOR                                                     1               JPM
     243521837            Fixed Rate                                                          1               JPM
     243521874            Fixed Rate                                                          1               JPM
     243521876            Fixed Rate                                                          1               JPM
     243521909            2/28 6 MO LIBOR                                                     1               JPM
     243521931            2/28 6 MO LIBOR                                                     3               JPM
     243521963            Fixed Rate                                                          1               JPM
     243521972            2/28 6 MO LIBOR                                                     3               JPM
     243521981            2/28 6 MO LIBOR                                                     3               JPM
     243522015            2/28 6 MO LIBOR                                                     3               JPM
     243522052            2/28 6 MO LIBOR                                                     3               JPM
     243522059            2/28 6 MO LIBOR                                                     3               JPM
     243522078            2/28 6 MO LIBOR                                                     3               JPM
     243522098            2/28 6 MO LIBOR                                                     3               JPM
     243522101            2/28 6 MO LIBOR                                                     3               JPM
     243522117            2/28 6 MO LIBOR                                                     3               JPM
     243522172            2/28 6 MO LIBOR                                                     3               JPM
     243522355            Fixed Rate                                                          3               JPM
     243603756            Fixed Rate                                                          3               JPM
     243603797            Fixed Rate                                                          3               JPM
     243603923            Fixed Rate                                                          3               JPM
     243604063            Fixed Rate                                                          3               JPM
     243604106            Fixed Rate                                                          3               JPM
     243604237            Fixed Rate                                                          3               JPM
     243604370            Fixed Rate                                                          3               JPM
     243604372            Fixed Rate                                                          3               JPM
     243604407            Fixed Rate                                                          3               JPM
     243604489            Fixed Rate                                                          3               JPM
     243604512            Fixed Rate                                                          3               JPM
     243604558            Fixed Rate                                                          3               JPM
     243604589            Fixed Rate                                                          3               JPM
     243604658            Fixed Rate                                                          3               JPM
     243615927            Fixed Rate                                                          2               JPM
     243616087            2/28 6 MO LIBOR                                                     1               JPM
     243616098            2/28 6 MO LIBOR                                                     1               JPM
     243616162            2/28 6 MO LIBOR                                                     1               JPM
     243616385            2/28 6 MO LIBOR                                                     2               JPM
     243616408            3/27 6 MO LIBOR                                                     1               JPM
     243616463            2/28 6 MO LIBOR                                                     1               JPM
     243616567            2/28 6 MO LIBOR                                                     3               JPM
     243616594            2/28 6 MO LIBOR                                                     3               JPM
     243712933            3/27 6 MO LIBOR                                                     2               JPM
     243713088            Fixed Rate                                                          2               JPM
     243713108            2/28 6 MO LIBOR                                                     2               JPM
     243713166            Fixed Rate                                                          2               JPM
     243713265            Fixed Rate                                                          2               JPM
     243713328            Fixed Rate Balloon                                                  2               JPM
     243713473            2/28 6 MO LIBOR                                                     2               JPM
     243713540            2/28 6 MO LIBOR                                                     3               JPM
     243713557            2/28 6 MO LIBOR                                                     1               JPM
     243713627            3/27 6 MO LIBOR                                                     1               JPM
     243713655            2/28 6 MO LIBOR                                                     1               JPM
     243713738            2/28 6 MO LIBOR                                                     3               JPM
     243713739            Fixed Rate                                                          3               JPM
     243713745            2/28 6 MO LIBOR                                                     3               JPM
     243713747            Fixed Rate                                                          1               JPM
     243713761            Fixed Rate                                                          1               JPM
     243713762            2/28 6 MO LIBOR                                                     3               JPM
     243713853            2/28 6 MO LIBOR                                                     3               JPM
     243713867            2/28 6 MO LIBOR                                                     3               JPM
     243713891            2/28 6 MO LIBOR                                                     3               JPM
     243713909            Fixed Rate                                                          3               JPM
     243714044            2/28 6 MO LIBOR                                                     3               JPM
     243817994            2/28 6 MO LIBOR                                                     1               JPM
     243818002            Fixed Rate                                                          2               JPM
     243818008            2/28 6 MO LIBOR                                                     2               JPM
     243818113            Fixed Rate                                                          2               JPM
     243818207            2/28 6 MO LIBOR                                                     1               JPM
     243818271            Fixed Rate                                                          2               JPM
     243818300            2/28 6 MO LIBOR                                                     1               JPM
     243818362            Fixed Rate                                                          1               JPM
     243818385            2/28 6 MO LIBOR                                                     1               JPM
     243818390            2/28 6 MO LIBOR                                                     1               JPM
     243818400            Fixed Rate                                                          1               JPM
     243818520            2/28 6 MO LIBOR                                                     3               JPM
     243818711            Fixed Rate                                                          3               JPM
     243901657            Fixed Rate                                                          3               JPM
     244102814            Fixed Rate Balloon                                                  3               JPM
     244102836            Fixed Rate                                                          3               JPM
     244102897            2/28 6 MO LIBOR                                                     3               JPM
     244102921            2/28 6 MO LIBOR                                                     3               JPM
     244102963            Fixed Rate Balloon                                                  3               JPM
     244103224            Fixed Rate Balloon                                                  3               JPM
     244103305            Fixed Rate Balloon                                                  3               JPM
     244103597            Fixed Rate                                                          3               JPM
     244122852            2/28 6 MO LIBOR                                                     1               JPM
     244123428            2/28 6 MO LIBOR                                                     1               JPM
     244123472            2/28 6 MO LIBOR                                                     1               JPM
     244123539            2/28 6 MO LIBOR                                                     2               JPM
     244123750            2/28 6 MO LIBOR                                                     1               JPM
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     244123824            2/28 6 MO LIBOR                                                     2               JPM
     244123832            2/28 6 MO LIBOR                                                     2               JPM
     244123989            Fixed Rate                                                          1               JPM
     244124008            2/28 6 MO LIBOR                                                     1               JPM
     244124123            2/28 6 MO LIBOR                                                     1               JPM
     244124125            2/28 6 MO LIBOR                                                     1               JPM
     244124130            2/28 6 MO LIBOR                                                     1               JPM
     244124149            2/28 6 MO LIBOR                                                     1               JPM
     244124156            2/28 6 MO LIBOR                                                     1               JPM
     244124169            Fixed Rate                                                          1               JPM
     244124194            2/28 6 MO LIBOR                                                     1               JPM
     244124195            2/28 6 MO LIBOR                                                     3               JPM
     244124229            2/28 6 MO LIBOR                                                     3               JPM
     244124675            2/28 6 MO LIBOR                                                     3               JPM
     244200571            2/28 6 MO LIBOR                                                     3               JPM
     244211077            3/27 6 MO LIBOR                                                     1               JPM
     244211405            2/28 6 MO LIBOR                                                     2               JPM
     244211445            2/28 6 MO LIBOR                                                     2               JPM
     244211481            Fixed Rate                                                          2               JPM
     244211551            Fixed Rate                                                          2               JPM
     244211574            2/28 6 MO LIBOR                                                     2               JPM
     244211733            2/28 6 MO LIBOR                                                     1               JPM
     244211741            2/28 6 MO LIBOR                                                     2               JPM
     244211756            2/28 6 MO LIBOR                                                     1               JPM
     244211865            2/28 6 MO LIBOR                                                     3               JPM
     244211877            Fixed Rate                                                          2               JPM
     244211930            2/28 6 MO LIBOR                                                     1               JPM
     244211986            2/28 6 MO LIBOR                                                     3               JPM
     244211997            Fixed Rate                                                          1               JPM
     244212041            2/28 6 MO LIBOR                                                     1               JPM
     244212184            2/28 6 MO LIBOR                                                     3               JPM
     244402463            Fixed Rate                                                          3               JPM
     244402480            Fixed Rate                                                          3               JPM
     244412691            2/28 6 MO LIBOR                                                     1               JPM
     244412852            Fixed Rate                                                          2               JPM
     244412910            2/28 6 MO LIBOR                                                     2               JPM
     244413008            2/28 6 MO LIBOR                                                     2               JPM
     244413016            Fixed Rate                                                          1               JPM
     244413126            Fixed Rate                                                          1               JPM
     244413127            2/28 6 MO LIBOR                                                     1               JPM
     244413174            2/28 6 MO LIBOR                                                     3               JPM
     244413197            2/28 6 MO LIBOR                                                     3               JPM
     244413235            2/28 6 MO LIBOR                                                     3               JPM
     244502599            Fixed Rate                                                          3               JPM
     244502600            Fixed Rate                                                          3               JPM
     244502643            Fixed Rate                                                          3               JPM
     244502759            Fixed Rate                                                          3               JPM
     244502808            Fixed Rate                                                          3               JPM
     244502849            Fixed Rate                                                          3               JPM
     244503028            Fixed Rate                                                          3               JPM
     244503040            Fixed Rate                                                          3               JPM
     244503108            Fixed Rate                                                          3               JPM
     244519218            2/28 6 MO LIBOR                                                     2               JPM
     244519260            2/28 6 MO LIBOR                                                     2               JPM
     244519290            2/28 6 MO LIBOR                                                     1               JPM
     244519365            Fixed Rate                                                          2               JPM
     244519534            2/28 6 MO LIBOR                                                     2               JPM
     244519577            2/28 6 MO LIBOR                                                     1               JPM
     244519586            2/28 6 MO LIBOR                                                     1               JPM
     244519636            2/28 6 MO LIBOR                                                     2               JPM
     244519647            2/28 6 MO LIBOR                                                     1               JPM
     244519666            2/28 6 MO LIBOR                                                     1               JPM
     244519693            2/28 6 MO LIBOR                                                     2               JPM
     244519705            2/28 6 MO LIBOR                                                     1               JPM
     244519723            2/28 6 MO LIBOR                                                     1               JPM
     244519746            2/28 6 MO LIBOR                                                     2               JPM
     244519809            2/28 6 MO LIBOR                                                     1               JPM
     244519855            Fixed Rate                                                          3               JPM
     244519856            2/28 6 MO LIBOR                                                     1               JPM
     244519938            2/28 6 MO LIBOR                                                     3               JPM
     244519971            2/28 6 MO LIBOR                                                     3               JPM
     244601454            Fixed Rate                                                          3               JPM
     244601535            Fixed Rate                                                          3               JPM
     244601707            2/28 6 MO LIBOR                                                     3               JPM
     244815510            2/28 6 MO LIBOR                                                     2               JPM
     244815782            2/28 6 MO LIBOR                                                     1               JPM
     244816010            Fixed Rate                                                          3               JPM
     244900460            Fixed Rate                                                          3               JPM
     244900463            Fixed Rate                                                          3               JPM
     245002278            Fixed Rate                                                          3               JPM
     245102695            2/28 6 MO LIBOR                                                     3               JPM
     245107772            Fixed Rate                                                          2               JPM
     245107802            2/28 6 MO LIBOR                                                     2               JPM
     245107826            2/28 6 MO LIBOR                                                     2               JPM
     245107862            3/27 6 MO LIBOR                                                     2               JPM
     245107897            3/27 6 MO LIBOR                                                     2               JPM
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     245107932            2/28 6 MO LIBOR                                                     1               JPM
     245107934            3/27 6 MO LIBOR                                                     1               JPM
     245107941            2/28 6 MO LIBOR                                                     2               JPM
     245107942            3/27 6 MO LIBOR                                                     1               JPM
     245107968            Fixed Rate                                                          3               JPM
     245204294            2/28 6 MO LIBOR                                                     3               JPM
     245211318            2/28 6 MO LIBOR                                                     2               JPM
     245212262            2/28 6 MO LIBOR                                                     2               JPM
     245212306            2/28 6 MO LIBOR                                                     2               JPM
     245212323            2/28 6 MO LIBOR                                                     2               JPM
     245212334            2/28 6 MO LIBOR                                                     2               JPM
     245212359            2/28 6 MO LIBOR IO                                                  2               JPM
     245212362            2/28 6 MO LIBOR                                                     2               JPM
     245212380            2/28 6 MO LIBOR                                                     2               JPM
     245212390            3/27 6 MO LIBOR                                                     2               JPM
     245212393            2/28 6 MO LIBOR                                                     2               JPM
     245212400            2/28 6 MO LIBOR                                                     2               JPM
     245212402            2/28 6 MO LIBOR                                                     2               JPM
     245212409            2/28 6 MO LIBOR                                                     2               JPM
     245212433            2/28 6 MO LIBOR                                                     2               JPM
     245212486            2/28 6 MO LIBOR                                                     1               JPM
     245212491            2/28 6 MO LIBOR                                                     1               JPM
     245212502            2/28 6 MO LIBOR                                                     1               JPM
     245212515            2/28 6 MO LIBOR                                                     1               JPM
     245212568            2/28 6 MO LIBOR                                                     3               JPM
     245212585            2/28 6 MO LIBOR                                                     3               JPM
     245212702            2/28 6 MO LIBOR                                                     3               JPM
     245305109            2/28 6 MO LIBOR                                                     2               JPM
     245305183            2/28 6 MO LIBOR                                                     2               JPM
     245305204            2/28 6 MO LIBOR                                                     2               JPM
     245305210            2/28 6 MO LIBOR                                                     2               JPM
     245305236            2/28 6 MO LIBOR                                                     1               JPM
     245305258            2/28 6 MO LIBOR                                                     3               JPM
     245305264            2/28 6 MO LIBOR                                                     3               JPM
     245305287            2/28 6 MO LIBOR                                                     3               JPM
     245305325            2/28 6 MO LIBOR                                                     3               JPM
     245305330            Fixed Rate Balloon                                                  3               JPM
     245305334            2/28 6 MO LIBOR                                                     3               JPM
     245305337            Fixed Rate                                                          3               JPM
     245409060            3/27 6 MO LIBOR                                                     2               JPM
     245409066            Fixed Rate Balloon                                                  2               JPM
     245409116            2/28 6 MO LIBOR                                                     2               JPM
     245409133            3/27 6 MO LIBOR IO                                                  2               JPM
     245409147            3/27 6 MO LIBOR                                                     2               JPM
     245409157            2/28 6 MO LIBOR IO                                                  2               JPM
     245409162            3/27 6 MO LIBOR                                                     2               JPM
     245409195            3/27 6 MO LIBOR IO                                                  2               JPM
     245409207            3/27 6 MO LIBOR                                                     2               JPM
     245409220            3/27 6 MO LIBOR                                                     1               JPM
     245409229            2/28 6 MO LIBOR                                                     3               JPM
     245409230            3/27 6 MO LIBOR                                                     2               JPM
     245409274            3/27 6 MO LIBOR                                                     3               JPM
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     245409309            3/27 6 MO LIBOR                                                     3               JPM
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     245409339            2/28 6 MO LIBOR IO                                                  3               JPM
     245409347            2/28 6 MO LIBOR                                                     3               JPM
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     245409382            3/27 6 MO LIBOR IO                                                  3               JPM
     245409401            Fixed Rate Balloon                                                  3               JPM
     245409403            Fixed Rate Balloon                                                  3               JPM
     245409412            Fixed Rate Balloon                                                  3               JPM
     245605782            Fixed Rate                                                          2               JPM
     245606032            2/28 6 MO LIBOR                                                     3               JPM
     245606090            2/28 6 MO LIBOR                                                     2               JPM
     245606127            2/28 6 MO LIBOR                                                     3               JPM
     245606148            2/28 6 MO LIBOR                                                     2               JPM
     245606152            2/28 6 MO LIBOR IO                                                  2               JPM
     245606166            2/28 6 MO LIBOR                                                     1               JPM
     245606184            2/28 6 MO LIBOR                                                     1               JPM
     245606190            2/28 6 MO LIBOR                                                     2               JPM
     245606193            2/28 6 MO LIBOR                                                     2               JPM
     245606208            2/28 6 MO LIBOR                                                     2               JPM
     245606217            2/28 6 MO LIBOR                                                     2               JPM
     245606232            2/28 6 MO LIBOR                                                     2               JPM
     245606243            2/28 6 MO LIBOR                                                     2               JPM
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     245606264            2/28 6 MO LIBOR                                                     2               JPM
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     245606301            2/28 6 MO LIBOR                                                     1               JPM
     245606316            2/28 6 MO LIBOR                                                     3               JPM
     245606323            2/28 6 MO LIBOR                                                     3               JPM
     245606324            2/28 6 MO LIBOR                                                     3               JPM
     245606371            2/28 6 MO LIBOR                                                     3               JPM
     245707959            3/27 6 MO LIBOR                                                     2               JPM
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     245707993            2/28 6 MO LIBOR                                                     2               JPM
     245708000            2/28 6 MO LIBOR IO                                                  2               JPM
     245708006            3/27 6 MO LIBOR                                                     2               JPM
     245708015            3/27 6 MO LIBOR IO                                                  2               JPM
     245708032            3/27 6 MO LIBOR                                                     2               JPM
     245708034            3/27 6 MO LIBOR                                                     2               JPM
     245708041            3/27 6 MO LIBOR                                                     2               JPM
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     245708048            3/27 6 MO LIBOR                                                     2               JPM
     245708052            3/27 6 MO LIBOR                                                     2               JPM
     245708059            2/28 6 MO LIBOR                                                     2               JPM
     245708062            3/27 6 MO LIBOR                                                     2               JPM
     245708064            3/27 6 MO LIBOR                                                     2               JPM
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     245708080            3/27 6 MO LIBOR                                                     2               JPM
     245708083            3/27 6 MO LIBOR                                                     2               JPM
     245708085            3/27 6 MO LIBOR IO                                                  2               JPM
     245708087            3/27 6 MO LIBOR IO                                                  2               JPM
     245708088            2/28 6 MO LIBOR                                                     2               JPM
     245708102            3/27 6 MO LIBOR IO                                                  2               JPM
     245708105            2/28 6 MO LIBOR                                                     2               JPM
     245708116            3/27 6 MO LIBOR                                                     2               JPM
     245708123            2/28 6 MO LIBOR                                                     2               JPM
     245708126            2/28 6 MO LIBOR                                                     2               JPM
     245708133            2/28 6 MO LIBOR IO                                                  2               JPM
     245708148            3/27 6 MO LIBOR                                                     2               JPM
     245708156            2/28 6 MO LIBOR                                                     2               JPM
     245708158            2/28 6 MO LIBOR                                                     2               JPM
     245708159            3/27 6 MO LIBOR                                                     2               JPM
     245708164            3/27 6 MO LIBOR                                                     2               JPM
     245708165            3/27 6 MO LIBOR                                                     2               JPM
     245708171            3/27 6 MO LIBOR                                                     2               JPM
     245708174            Fixed Rate                                                          2               JPM
     245708190            2/28 6 MO LIBOR IO                                                  3               JPM
     245708197            Fixed Rate                                                          2               JPM
     245708241            Fixed Rate                                                          3               JPM
     245708243            3/27 6 MO LIBOR                                                     3               JPM
     245708256            3/27 6 MO LIBOR                                                     3               JPM
     245708260            3/27 6 MO LIBOR                                                     3               JPM
     245708262            3/27 6 MO LIBOR                                                     3               JPM
     245708298            Fixed Rate                                                          3               JPM
     245708307            3/27 6 MO LIBOR                                                     3               JPM
     245708341            3/27 6 MO LIBOR IO                                                  3               JPM
     245708353            3/27 6 MO LIBOR                                                     3               JPM
     245708356            2/28 6 MO LIBOR IO                                                  3               JPM
     245708361            2/28 6 MO LIBOR                                                     3               JPM
     245708379            3/27 6 MO LIBOR                                                     3               JPM
     245708411            Fixed Rate Balloon                                                  3               JPM
     246002252            Fixed Rate                                                          3               JPM
     246002309            2/28 6 MO LIBOR                                                     3               JPM
     246002321            2/28 6 MO LIBOR                                                     3               JPM
     246009725            2/28 6 MO LIBOR                                                     2               JPM
     246009733            2/28 6 MO LIBOR IO                                                  2               JPM
     246009753            2/28 6 MO LIBOR IO                                                  2               JPM
     246009776            2/28 6 MO LIBOR                                                     2               JPM
     246009797            2/28 6 MO LIBOR                                                     2               JPM
     246009802            2/28 6 MO LIBOR                                                     2               JPM
     246009825            2/28 6 MO LIBOR                                                     2               JPM
     246009833            6 MO LIBOR                                                          2               JPM
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     246009840            2/28 6 MO LIBOR                                                     2               JPM
     246009853            2/28 6 MO LIBOR                                                     2               JPM
     246009855            6 MO LIBOR                                                          2               JPM
     246009859            Fixed Rate IO                                                       2               JPM
     246009899            2/28 6 MO LIBOR IO                                                  2               JPM
     246009901            2/28 6 MO LIBOR                                                     2               JPM
     246009902            2/28 6 MO LIBOR IO                                                  2               JPM
     246009913            2/28 6 MO LIBOR IO                                                  2               JPM
     246009923            2/28 6 MO LIBOR IO                                                  2               JPM
     246009928            2/28 6 MO LIBOR IO                                                  2               JPM
     246009935            3/27 6 MO LIBOR                                                     2               JPM
     246009943            2/28 6 MO LIBOR                                                     2               JPM
     246009944            3/27 6 MO LIBOR                                                     2               JPM
     246009990            2/28 6 MO LIBOR IO                                                  2               JPM
     246010003            2/28 6 MO LIBOR                                                     3               JPM
     246010011            3/27 6 MO LIBOR IO                                                  1               JPM
     246010072            2/28 6 MO LIBOR IO                                                  3               JPM
     246010113            2/28 6 MO LIBOR                                                     3               JPM
     246010128            2/28 6 MO LIBOR                                                     3               JPM
     246010136            2/28 6 MO LIBOR IO                                                  3               JPM
     246010140            2/28 6 MO LIBOR IO                                                  3               JPM
     246010154            3/27 6 MO LIBOR IO                                                  3               JPM
     246010157            Fixed Rate Balloon                                                  3               JPM
     246010165            2/28 6 MO LIBOR IO                                                  3               JPM
     246010166            2/28 6 MO LIBOR IO                                                  3               JPM
     246205341            2/28 6 MO LIBOR                                                     2               JPM
     246205356            2/28 6 MO LIBOR                                                     2               JPM
     246205371            Fixed Rate                                                          2               JPM
     246205376            3/27 6 MO LIBOR                                                     2               JPM
     246205382            2/28 6 MO LIBOR                                                     2               JPM
     246205387            3/27 6 MO LIBOR                                                     2               JPM
     246205398            2/28 6 MO LIBOR                                                     2               JPM
     246205408            2/28 6 MO LIBOR IO                                                  2               JPM
     246205414            2/28 6 MO LIBOR IO                                                  2               JPM
     246205426            2/28 6 MO LIBOR                                                     2               JPM
     246205429            2/28 6 MO LIBOR                                                     2               JPM
     246205432            2/28 6 MO LIBOR                                                     2               JPM
     246205469            3/27 6 MO LIBOR                                                     2               JPM
     246205490            2/28 6 MO LIBOR                                                     3               JPM
     246205504            2/28 6 MO LIBOR                                                     3               JPM
     246205506            3/27 6 MO LIBOR                                                     3               JPM
     246205526            Fixed Rate                                                          3               JPM
     246205531            Fixed Rate                                                          3               JPM
     246205593            2/28 6 MO LIBOR IO                                                  3               JPM
     246205602            Fixed Rate                                                          3               JPM
     246300602            2/28 6 MO LIBOR                                                     3               JPM
     246404433            2/28 6 MO LIBOR                                                     2               JPM
     246404482            3/27 6 MO LIBOR                                                     2               JPM
     246404488            3/27 6 MO LIBOR                                                     3               JPM
     246404490            2/28 6 MO LIBOR IO                                                  2               JPM
     246404501            2/28 6 MO LIBOR IO                                                  3               JPM
     246404542            2/28 6 MO LIBOR                                                     3               JPM
     246404591            Fixed Rate                                                          3               JPM
     246501504            2/28 6 MO LIBOR                                                     3               JPM
     246701128            Fixed Rate                                                          3               JPM
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     246704997            2/28 6 MO LIBOR                                                     2               JPM
     246705000            2/28 6 MO LIBOR                                                     3               JPM
     246705025            2/28 6 MO LIBOR                                                     3               JPM
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     246808135            2/28 6 MO LIBOR                                                     2               JPM
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     246903676            2/28 6 MO LIBOR IO                                                  2               JPM
     246903716            2/28 6 MO LIBOR                                                     2               JPM
     246903725            2/28 6 MO LIBOR                                                     1               JPM
     246903734            2/28 6 MO LIBOR                                                     2               JPM
     247301053            2/28 6 MO LIBOR                                                     3               JPM
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     247305463            3/27 6 MO LIBOR                                                     2               JPM
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     247305595            3/27 6 MO LIBOR                                                     3               JPM
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     247305664            2/28 6 MO LIBOR                                                     3               JPM
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     247404265            2/28 6 MO LIBOR                                                     2               JPM
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     247404484            3/27 6 MO LIBOR                                                     2               JPM
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     247404496            3/27 6 MO LIBOR                                                     2               JPM
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     247404580            2/28 6 MO LIBOR                                                     2               JPM
     247404585            3/27 6 MO LIBOR                                                     2               JPM
     247404591            3/27 6 MO LIBOR                                                     2               JPM
     247404634            3/27 6 MO LIBOR                                                     2               JPM
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     247404721            3/27 6 MO LIBOR                                                     1               JPM
     247404737            3/27 6 MO LIBOR                                                     3               JPM
     247404807            3/27 6 MO LIBOR                                                     3               JPM
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     247404840            2/28 6 MO LIBOR                                                     3               JPM
     247404845            3/27 6 MO LIBOR                                                     3               JPM
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     247404909            2/28 6 MO LIBOR                                                     3               JPM
     247404916            3/27 6 MO LIBOR                                                     3               JPM
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     247404955            2/28 6 MO LIBOR                                                     3               JPM
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     247603250            3/27 6 MO LIBOR                                                     2               JPM
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     247603282            3/27 6 MO LIBOR                                                     2               JPM
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     247603404            2/28 6 MO LIBOR                                                     3               JPM
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     247603410            2/28 6 MO LIBOR                                                     3               JPM
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     248605228            3/27 6 MO LIBOR                                                     2               JPM
     248605233            3/27 6 MO LIBOR                                                     2               JPM
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     248605434            3/27 6 MO LIBOR                                                     2               JPM
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     248605447            3/27 6 MO LIBOR                                                     2               JPM
     248605454            2/28 6 MO LIBOR IO                                                  2               JPM
     248605459            2/28 6 MO LIBOR IO                                                  2               JPM
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     248605484            Fixed Rate Balloon                                                  2               JPM
     248605489            2/28 6 MO LIBOR                                                     2               JPM
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     248605502            2/28 6 MO LIBOR                                                     2               JPM
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     248605514            3/27 6 MO LIBOR                                                     2               JPM
     248605527            2/28 6 MO LIBOR                                                     2               JPM
     248605530            2/28 6 MO LIBOR                                                     2               JPM
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     248605541            3/27 6 MO LIBOR                                                     2               JPM
     248605546            3/27 6 MO LIBOR                                                     2               JPM
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     248605551            3/27 6 MO LIBOR                                                     2               JPM
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     248605553            2/28 6 MO LIBOR                                                     2               JPM
     248605554            3/27 6 MO LIBOR                                                     2               JPM
     248605561            3/27 6 MO LIBOR                                                     2               JPM
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     248605580            2/28 6 MO LIBOR                                                     2               JPM
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     248605648            3/27 6 MO LIBOR                                                     2               JPM
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     248605655            2/28 6 MO LIBOR                                                     3               JPM
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     248605665            3/27 6 MO LIBOR                                                     2               JPM
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     248605671            2/28 6 MO LIBOR                                                     2               JPM
     248605677            3/27 6 MO LIBOR IO                                                  2               JPM
     248605681            3/27 6 MO LIBOR                                                     2               JPM
     248605683            3/27 6 MO LIBOR                                                     2               JPM
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     248605707            Fixed Rate Balloon                                                  2               JPM
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     248605730            3/27 6 MO LIBOR IO                                                  2               JPM
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     248605740            3/27 6 MO LIBOR                                                     2               JPM
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     248605789            2/28 6 MO LIBOR                                                     2               JPM
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     248605798            3/27 6 MO LIBOR                                                     2               JPM
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     248605800            2/28 6 MO LIBOR                                                     3               JPM
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     248605813            2/28 6 MO LIBOR                                                     2               JPM
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     248605818            3/27 6 MO LIBOR                                                     2               JPM
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     248605844            3/27 6 MO LIBOR IO                                                  2               JPM
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     248605857            2/28 6 MO LIBOR                                                     2               JPM
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     248605958            2/28 6 MO LIBOR                                                     1               JPM
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     248606008            2/28 6 MO LIBOR                                                     3               JPM
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     248606339            3/27 6 MO LIBOR                                                     3               JPM
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     248606420            3/27 6 MO LIBOR                                                     3               JPM
     249007080            Fixed Rate                                                          3               JPM
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     249023575            2/28 6 MO LIBOR                                                     1               JPM
     249023707            2/28 6 MO LIBOR                                                     2               JPM
     249023733            2/28 6 MO LIBOR                                                     1               JPM
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     249023942            2/28 6 MO LIBOR                                                     1               JPM
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     249121650            2/28 6 MO LIBOR                                                     2               JPM
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     249121766            2/28 6 MO LIBOR                                                     2               JPM
     249121776            2/28 6 MO LIBOR                                                     2               JPM
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     249122037            2/28 6 MO LIBOR                                                     1               JPM
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     249122110            2/28 6 MO LIBOR                                                     3               JPM
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     249226343            2/28 6 MO LIBOR                                                     1               JPM
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     249226805            2/28 6 MO LIBOR                                                     1               JPM
     249226808            2/28 6 MO LIBOR                                                     1               JPM
     249226880            2/28 6 MO LIBOR                                                     1               JPM
     249226901            Fixed Rate Balloon                                                  2               JPM
     249226905            2/28 6 MO LIBOR                                                     2               JPM
     249227002            2/28 6 MO LIBOR                                                     1               JPM
     249227051            2/28 6 MO LIBOR                                                     1               JPM
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     249227271            2/28 6 MO LIBOR                                                     1               JPM
     249227276            2/28 6 MO LIBOR                                                     3               JPM
     249227299            2/28 6 MO LIBOR                                                     1               JPM
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     249227545            2/28 6 MO LIBOR                                                     3               JPM
     249227661            2/28 6 MO LIBOR                                                     3               JPM
     249305518            Fixed Rate                                                          3               JPM
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     249320533            2/28 6 MO LIBOR                                                     1               JPM
     249320689            2/28 6 MO LIBOR                                                     1               JPM
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     249320999            2/28 6 MO LIBOR                                                     2               JPM
     249321183            2/28 6 MO LIBOR                                                     2               JPM
     249321329            2/28 6 MO LIBOR                                                     1               JPM
     249321417            Fixed Rate                                                          2               JPM
     249321418            2/28 6 MO LIBOR                                                     1               JPM
     249321500            2/28 6 MO LIBOR                                                     1               JPM
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     249321582            2/28 6 MO LIBOR                                                     1               JPM
     249321609            2/28 6 MO LIBOR                                                     3               JPM
     249321750            2/28 6 MO LIBOR                                                     3               JPM
     249321803            2/28 6 MO LIBOR                                                     3               JPM
     249321872            2/28 6 MO LIBOR                                                     3               JPM
     249403952            Fixed Rate                                                          3               JPM
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     249504429            Fixed Rate                                                          3               JPM
     249521167            2/28 6 MO LIBOR                                                     2               JPM
     249521952            2/28 6 MO LIBOR                                                     1               JPM
     249522316            Fixed Rate                                                          2               JPM
     249522493            Fixed Rate                                                          2               JPM
     249522584            2/28 6 MO LIBOR                                                     1               JPM
     249522676            2/28 6 MO LIBOR                                                     2               JPM
     249522706            Fixed Rate                                                          2               JPM
     249522766            2/28 6 MO LIBOR                                                     1               JPM
     249522783            2/28 6 MO LIBOR                                                     2               JPM
     249522798            2/28 6 MO LIBOR                                                     1               JPM
     249522816            Fixed Rate                                                          2               JPM
     249522941            2/28 6 MO LIBOR                                                     1               JPM
     249523026            2/28 6 MO LIBOR                                                     2               JPM
     249523068            2/28 6 MO LIBOR                                                     1               JPM
     249523114            Fixed Rate                                                          3               JPM
     249523143            2/28 6 MO LIBOR                                                     3               JPM
     249523148            2/28 6 MO LIBOR                                                     3               JPM
     249523151            2/28 6 MO LIBOR                                                     3               JPM
     249523160            2/28 6 MO LIBOR                                                     3               JPM
     249523163            2/28 6 MO LIBOR                                                     3               JPM
     249523183            2/28 6 MO LIBOR                                                     3               JPM
     249523201            2/28 6 MO LIBOR                                                     3               JPM
     249523210            2/28 6 MO LIBOR                                                     3               JPM
     249523213            2/28 6 MO LIBOR                                                     3               JPM
     249523439            Fixed Rate                                                          3               JPM
     249602746            Fixed Rate                                                          3               JPM
     249602976            Fixed Rate                                                          3               JPM
     249615513            2/28 6 MO LIBOR                                                     1               JPM
     249615515            2/28 6 MO LIBOR                                                     2               JPM
     249615565            Fixed Rate                                                          1               JPM
     249615644            2/28 6 MO LIBOR                                                     1               JPM
     249615657            Fixed Rate                                                          2               JPM
     249615842            2/28 6 MO LIBOR                                                     1               JPM
     249615878            3/27 6 MO LIBOR                                                     2               JPM
     249615942            2/28 6 MO LIBOR                                                     1               JPM
     249616047            2/28 6 MO LIBOR                                                     1               JPM
     249616081            2/28 6 MO LIBOR                                                     2               JPM
     249616099            3/27 6 MO LIBOR                                                     1               JPM
     249616119            2/28 6 MO LIBOR                                                     1               JPM
     249616183            Fixed Rate                                                          1               JPM
     249616193            Fixed Rate                                                          1               JPM
     249616281            2/28 6 MO LIBOR                                                     1               JPM
     249616295            3/27 6 MO LIBOR                                                     1               JPM
     249616315            2/28 6 MO LIBOR                                                     3               JPM
     249616346            2/28 6 MO LIBOR                                                     1               JPM
     249616352            2/28 6 MO LIBOR                                                     3               JPM
     249616370            2/28 6 MO LIBOR                                                     3               JPM
     249616385            2/28 6 MO LIBOR                                                     3               JPM
     249616399            2/28 6 MO LIBOR                                                     3               JPM
     249616451            2/28 6 MO LIBOR                                                     3               JPM
     249616466            6 MO LIBOR                                                          1               JPM
     249616474            2/28 6 MO LIBOR                                                     3               JPM
     249616497            2/28 6 MO LIBOR                                                     3               JPM
     249616510            3/27 6 MO LIBOR                                                     3               JPM
     249616587            3/27 6 MO LIBOR                                                     3               JPM
     249616626            Fixed Rate                                                          3               JPM
     249616638            2/28 6 MO LIBOR                                                     3               JPM
     249723869            2/28 6 MO LIBOR                                                     2               JPM
     249723930            2/28 6 MO LIBOR                                                     2               JPM
     249723998            2/28 6 MO LIBOR                                                     2               JPM
     249724158            2/28 6 MO LIBOR                                                     2               JPM
     249724328            2/28 6 MO LIBOR                                                     2               JPM
     249724391            2/28 6 MO LIBOR                                                     2               JPM
     249724430            2/28 6 MO LIBOR                                                     2               JPM
     249724462            2/28 6 MO LIBOR                                                     2               JPM
     249724534            Fixed Rate                                                          2               JPM
     249724585            2/28 6 MO LIBOR                                                     1               JPM
     249724605            Fixed Rate                                                          1               JPM
     249724680            2/28 6 MO LIBOR                                                     1               JPM
     249724699            Fixed Rate                                                          2               JPM
     249724727            2/28 6 MO LIBOR                                                     1               JPM
     249724730            2/28 6 MO LIBOR                                                     1               JPM
     249724740            2/28 6 MO LIBOR                                                     1               JPM
     249724773            Fixed Rate                                                          1               JPM
     249724821            2/28 6 MO LIBOR                                                     1               JPM
     249724825            2/28 6 MO LIBOR                                                     1               JPM
     249724876            2/28 6 MO LIBOR                                                     1               JPM
     249724897            2/28 6 MO LIBOR                                                     1               JPM
     249724898            2/28 6 MO LIBOR                                                     3               JPM
     249724980            Fixed Rate                                                          1               JPM
     249725054            2/28 6 MO LIBOR                                                     3               JPM
     249725094            2/28 6 MO LIBOR                                                     3               JPM
     249725167            2/28 6 MO LIBOR                                                     3               JPM
     249725222            Fixed Rate                                                          3               JPM
     249725262            2/28 6 MO LIBOR                                                     3               JPM
     249800840            Fixed Rate                                                          3               JPM
     249801014            2/28 6 MO LIBOR                                                     3               JPM
     249802271            2/28 6 MO LIBOR                                                     3               JPM
     249802655            2/28 6 MO LIBOR                                                     3               JPM
     249818257            Fixed Rate                                                          3               JPM
     249818417            5/25 1 YR LIBOR                                                     3               JPM
     250700062            2/28 6 MO LIBOR                                                     2               JPM
     250800095            2/28 6 MO LIBOR                                                     3               JPM
     250800126            2/28 6 MO LIBOR IO                                                  2               JPM
     250800144            3/27 6 MO LIBOR IO                                                  2               JPM
     250800197            2/28 6 MO LIBOR IO                                                  2               JPM
     250800212            2/28 6 MO LIBOR IO                                                  2               JPM
     250800213            2/28 6 MO LIBOR                                                     2               JPM
     250800216            2/28 6 MO LIBOR                                                     2               JPM
     250800222            2/28 6 MO LIBOR                                                     2               JPM
     250800256            2/28 6 MO LIBOR                                                     2               JPM
     250800271            3/27 6 MO LIBOR IO                                                  2               JPM
     250800274            2/28 6 MO LIBOR                                                     2               JPM
     250800277            2/28 6 MO LIBOR                                                     2               JPM
     250800285            2/28 6 MO LIBOR                                                     2               JPM
     250800289            2/28 6 MO LIBOR                                                     2               JPM
     250800290            2/28 6 MO LIBOR                                                     1               JPM
     250800299            2/28 6 MO LIBOR                                                     2               JPM
     250800307            2/28 6 MO LIBOR                                                     3               JPM
     250800318            2/28 6 MO LIBOR                                                     2               JPM
     250800346            2/28 6 MO LIBOR                                                     2               JPM
     250800357            2/28 6 MO LIBOR                                                     3               JPM
     250800361            2/28 6 MO LIBOR IO                                                  3               JPM
     250800375            2/28 6 MO LIBOR                                                     1               JPM
     250800419            2/28 6 MO LIBOR                                                     3               JPM
     250800424            2/28 6 MO LIBOR                                                     3               JPM
     250800437            2/28 6 MO LIBOR                                                     3               JPM
     250800441            2/28 6 MO LIBOR                                                     3               JPM
     250800450            2/28 6 MO LIBOR                                                     3               JPM
     250800466            2/28 6 MO LIBOR IO                                                  3               JPM
     250800471            2/28 6 MO LIBOR                                                     3               JPM
     250800490            2/28 6 MO LIBOR IO                                                  3               JPM
     250800528            Fixed Rate                                                          3               JPM
     250800547            Fixed Rate                                                          3               JPM
     250900887            2/28 6 MO LIBOR                                                     2               JPM
     250900895            2/28 6 MO LIBOR                                                     2               JPM
     250900900            2/28 6 MO LIBOR IO                                                  2               JPM
     250900921            2/28 6 MO LIBOR                                                     2               JPM
     250900923            2/28 6 MO LIBOR                                                     2               JPM
     250900952            2/28 6 MO LIBOR                                                     2               JPM
     250900954            3/27 6 MO LIBOR                                                     2               JPM
     250900957            2/28 6 MO LIBOR                                                     2               JPM
     250900976            2/28 6 MO LIBOR                                                     2               JPM
     250901010            2/28 6 MO LIBOR                                                     3               JPM
     250901041            2/28 6 MO LIBOR                                                     3               JPM
     250901058            Fixed Rate                                                          3               JPM
     250901067            Fixed Rate                                                          3               JPM
     251100651            2/28 6 MO LIBOR IO                                                  2               JPM
     251100682            Fixed Rate                                                          2               JPM
     251100693            2/28 6 MO LIBOR IO                                                  2               JPM
     251100698            2/28 6 MO LIBOR                                                     2               JPM
     251100703            2/28 6 MO LIBOR IO                                                  2               JPM
     251100706            2/28 6 MO LIBOR IO                                                  2               JPM
     251100714            2/28 6 MO LIBOR IO                                                  2               JPM
     251100715            2/28 6 MO LIBOR IO                                                  2               JPM
     251100729            2/28 6 MO LIBOR IO                                                  2               JPM
     251100731            2/28 6 MO LIBOR                                                     3               JPM
     251100747            2/28 6 MO LIBOR IO                                                  2               JPM
     251100764            2/28 6 MO LIBOR IO                                                  3               JPM
     251100772            2/28 6 MO LIBOR                                                     3               JPM
     251100783            Fixed Rate                                                          3               JPM
     251100786            Fixed Rate Balloon                                                  3               JPM
     251100829            2/28 6 MO LIBOR                                                     3               JPM
     251100843            2/28 6 MO LIBOR IO                                                  3               JPM
     251100844            Fixed Rate Balloon                                                  3               JPM
     251100861            Fixed Rate Balloon                                                  3               JPM
     251100872            Fixed Rate                                                          3               JPM
     251100893            2/28 6 MO LIBOR                                                     3               JPM
     251201053            2/28 6 MO LIBOR                                                     2               JPM
     251201103            2/28 6 MO LIBOR                                                     2               JPM
     251201124            2/28 6 MO LIBOR                                                     2               JPM
     251201196            2/28 6 MO LIBOR                                                     3               JPM
     251201206            2/28 6 MO LIBOR                                                     3               JPM
     251301254            2/28 6 MO LIBOR                                                     2               JPM
     251301301            2/28 6 MO LIBOR                                                     2               JPM
     251301305            2/28 6 MO LIBOR                                                     1               JPM
     251301315            2/28 6 MO LIBOR                                                     2               JPM
     251301331            2/28 6 MO LIBOR                                                     2               JPM
     251400937            3/27 6 MO LIBOR                                                     2               JPM
     251400972            2/28 6 MO LIBOR                                                     2               JPM
     251401004            3/27 6 MO LIBOR                                                     2               JPM
     251401008            3/27 6 MO LIBOR                                                     2               JPM
     251401040            3/27 6 MO LIBOR                                                     3               JPM
     251401062            2/28 6 MO LIBOR                                                     2               JPM
     251401093            3/27 6 MO LIBOR IO                                                  2               JPM
     251401143            3/27 6 MO LIBOR                                                     3               JPM
     251401148            2/28 6 MO LIBOR                                                     3               JPM
     251401183            Fixed Rate                                                          3               JPM
     251401198            2/28 6 MO LIBOR                                                     3               JPM
     251401234            Fixed Rate                                                          3               JPM
     251500889            3/27 6 MO LIBOR                                                     3               JPM
     251500916            3/27 6 MO LIBOR                                                     1               JPM
     251500941            Fixed Rate                                                          2               JPM
     251500947            3/27 6 MO LIBOR IO                                                  2               JPM
     251500956            3/27 6 MO LIBOR                                                     2               JPM
     251500982            3/27 6 MO LIBOR                                                     2               JPM
     251501002            3/27 6 MO LIBOR                                                     2               JPM
     251501028            3/27 6 MO LIBOR IO                                                  2               JPM
     251501032            3/27 6 MO LIBOR                                                     2               JPM
     251501044            3/27 6 MO LIBOR                                                     1               JPM
     251501047            Fixed Rate                                                          3               JPM
     251501065            3/27 6 MO LIBOR                                                     3               JPM
     251501070            2/28 6 MO LIBOR                                                     3               JPM
     251501086            3/27 6 MO LIBOR                                                     3               JPM
     251501135            3/27 6 MO LIBOR IO                                                  3               JPM
     251501162            Fixed Rate                                                          3               JPM
     251501165            3/27 6 MO LIBOR                                                     3               JPM
     251501197            2/28 6 MO LIBOR                                                     3               JPM
     251501199            Fixed Rate                                                          3               JPM
     251600978            3/27 6 MO LIBOR                                                     2               JPM
     251601038            3/27 6 MO LIBOR                                                     2               JPM
     251601169            3/27 6 MO LIBOR                                                     2               JPM
     251601213            Fixed Rate                                                          2               JPM
     251601218            3/27 6 MO LIBOR                                                     2               JPM
     251601284            3/27 6 MO LIBOR                                                     3               JPM
     251601290            3/27 6 MO LIBOR                                                     3               JPM
     251601321            Fixed Rate                                                          3               JPM
     251601351            3/27 6 MO LIBOR                                                     3               JPM
     251601352            Fixed Rate                                                          3               JPM
     251601362            3/27 6 MO LIBOR IO                                                  3               JPM
     251601373            3/27 6 MO LIBOR IO                                                  3               JPM
     251601388            3/27 6 MO LIBOR                                                     3               JPM
     251601389            Fixed Rate                                                          3               JPM
     252004760            2/28 6 MO LIBOR                                                     2               JPM
     252004802            2/28 6 MO LIBOR                                                     2               JPM
     252004856            3/27 6 MO LIBOR                                                     2               JPM
     252004868            3/27 6 MO LIBOR                                                     2               JPM
     252004887            3/27 6 MO LIBOR                                                     2               JPM
     252004960            2/28 6 MO LIBOR                                                     3               JPM
     252005002            3/27 6 MO LIBOR                                                     3               JPM
     252005034            2/28 6 MO LIBOR                                                     3               JPM
     252005046            2/28 6 MO LIBOR                                                     3               JPM
     252005053            2/28 6 MO LIBOR                                                     3               JPM
     252005082            Fixed Rate                                                          3               JPM
     252005096            Fixed Rate                                                          3               JPM
     252005109            Fixed Rate                                                          3               JPM
     252005137            2/28 6 MO LIBOR                                                     3               JPM
     252205402            2/28 6 MO LIBOR                                                     2               JPM
     252205571            2/28 6 MO LIBOR                                                     1               JPM
     252205656            2/28 6 MO LIBOR                                                     2               JPM
     252205925            2/28 6 MO LIBOR                                                     1               JPM
     252206168            6 MO LIBOR                                                          2               JPM
     252206194            6 MO LIBOR                                                          1               JPM
     252206225            2/28 6 MO LIBOR                                                     2               JPM
     252206278            2/28 6 MO LIBOR                                                     2               JPM
     252206356            2/28 6 MO LIBOR                                                     1               JPM
     252206398            2/28 6 MO LIBOR                                                     1               JPM
     252206601            2/28 6 MO LIBOR                                                     3               JPM
     252402166            Fixed Rate                                                          1               JPM
     252405038            2/28 6 MO LIBOR                                                     1               JPM
     252405039            2/28 6 MO LIBOR                                                     1               JPM
     252405092            Fixed Rate                                                          2               JPM
     252405120            2/28 6 MO LIBOR                                                     1               JPM
     252405199            2/28 6 MO LIBOR                                                     2               JPM
     252405263            2/28 6 MO LIBOR                                                     1               JPM
     252405272            3/27 6 MO LIBOR                                                     2               JPM
     252405280            Fixed Rate                                                          2               JPM
     252405303            Fixed Rate                                                          2               JPM
     252405313            2/28 6 MO LIBOR                                                     1               JPM
     252405353            2/28 6 MO LIBOR                                                     1               JPM
     252405394            2/28 6 MO LIBOR                                                     2               JPM
     252405412            2/28 6 MO LIBOR                                                     1               JPM
     252405454            Fixed Rate                                                          2               JPM
     252405458            2/28 6 MO LIBOR                                                     1               JPM
     252405512            Fixed Rate                                                          1               JPM
     252405569            Fixed Rate                                                          1               JPM
     252405602            2/28 6 MO LIBOR                                                     1               JPM
     252405626            2/28 6 MO LIBOR                                                     1               JPM
     252405628            2/28 6 MO LIBOR                                                     1               JPM
     252405643            2/28 6 MO LIBOR                                                     1               JPM
     252405647            Fixed Rate                                                          1               JPM
     252405659            2/28 6 MO LIBOR                                                     3               JPM
     252405679            2/28 6 MO LIBOR                                                     3               JPM
     252405705            Fixed Rate                                                          3               JPM
     252405711            2/28 6 MO LIBOR                                                     3               JPM
     252405755            2/28 6 MO LIBOR                                                     3               JPM
     252405768            2/28 6 MO LIBOR                                                     3               JPM
     252405964            2/28 6 MO LIBOR                                                     3               JPM
     252505413            2/28 6 MO LIBOR                                                     2               JPM
     252505561            2/28 6 MO LIBOR                                                     2               JPM
     252505614            2/28 6 MO LIBOR                                                     1               JPM
     252505651            2/28 6 MO LIBOR                                                     2               JPM
     252505665            Fixed Rate                                                          2               JPM
     252505667            2/28 6 MO LIBOR                                                     2               JPM
     252505688            2/28 6 MO LIBOR                                                     2               JPM
     252505751            2/28 6 MO LIBOR                                                     1               JPM
     252505803            2/28 6 MO LIBOR                                                     1               JPM
     252505818            2/28 6 MO LIBOR                                                     3               JPM
     252505825            2/28 6 MO LIBOR                                                     2               JPM
     252505832            2/28 6 MO LIBOR                                                     1               JPM
     252505833            2/28 6 MO LIBOR                                                     1               JPM
     252505926            2/28 6 MO LIBOR                                                     1               JPM
     252505944            2/28 6 MO LIBOR                                                     1               JPM
     252505947            Fixed Rate                                                          1               JPM
     252505948            2/28 6 MO LIBOR                                                     1               JPM
     252505949            2/28 6 MO LIBOR                                                     1               JPM
     252505955            2/28 6 MO LIBOR                                                     3               JPM
     252505965            Fixed Rate                                                          3               JPM
     252505978            2/28 6 MO LIBOR                                                     1               JPM
     252505986            Fixed Rate                                                          1               JPM
     252505991            3/27 6 MO LIBOR                                                     1               JPM
     252506001            2/28 6 MO LIBOR                                                     1               JPM
     252506011            2/28 6 MO LIBOR                                                     3               JPM
     252506020            Fixed Rate                                                          3               JPM
     252506124            2/28 6 MO LIBOR                                                     3               JPM
     252506173            2/28 6 MO LIBOR                                                     3               JPM
     252506180            2/28 6 MO LIBOR                                                     3               JPM
     252607132            2/28 6 MO LIBOR                                                     1               JPM
     252707582            Fixed Rate                                                          1               JPM
     252707782            2/28 6 MO LIBOR                                                     2               JPM
     252707984            2/28 6 MO LIBOR                                                     2               JPM
     252708030            2/28 6 MO LIBOR                                                     1               JPM
     252708083            2/28 6 MO LIBOR                                                     2               JPM
     252708333            6 MO LIBOR                                                          1               JPM
     252708350            2/28 6 MO LIBOR                                                     2               JPM
     252708421            Fixed Rate                                                          2               JPM
     252708476            2/28 6 MO LIBOR                                                     2               JPM
     252708675            6 MO LIBOR                                                          1               JPM
     252708690            3/27 6 MO LIBOR                                                     2               JPM
     252708818            Fixed Rate                                                          1               JPM
     252708921            2/28 6 MO LIBOR                                                     1               JPM
     252708927            2/28 6 MO LIBOR                                                     2               JPM
     252708933            2/28 6 MO LIBOR                                                     1               JPM
     252708938            Fixed Rate                                                          1               JPM
     252709034            Fixed Rate                                                          1               JPM
     252709055            Fixed Rate                                                          1               JPM
     252709086            Fixed Rate                                                          1               JPM
     252709130            Fixed Rate                                                          1               JPM
     252709134            Fixed Rate                                                          1               JPM
     252709146            2/28 6 MO LIBOR                                                     1               JPM
     252709184            2/28 6 MO LIBOR                                                     3               JPM
     252709215            2/28 6 MO LIBOR                                                     3               JPM
     252709352            3/27 6 MO LIBOR                                                     3               JPM
     252709358            2/28 6 MO LIBOR IO                                                  3               JPM
     252808305            2/28 6 MO LIBOR                                                     2               JPM
     252808311            Fixed Rate Balloon                                                  2               JPM
     252808444            2/28 6 MO LIBOR                                                     1               JPM
     252808455            2/28 6 MO LIBOR                                                     1               JPM
     252808550            2/28 6 MO LIBOR                                                     1               JPM
     252808710            Fixed Rate                                                          2               JPM
     252808831            2/28 6 MO LIBOR                                                     2               JPM
     252808920            2/28 6 MO LIBOR                                                     1               JPM
     252808973            2/28 6 MO LIBOR                                                     1               JPM
     252808975            Fixed Rate                                                          2               JPM
     252808993            2/28 6 MO LIBOR                                                     1               JPM
     252808998            Fixed Rate                                                          3               JPM
     252809011            2/28 6 MO LIBOR                                                     1               JPM
     252809030            2/28 6 MO LIBOR                                                     3               JPM
     252809049            Fixed Rate                                                          1               JPM
     252809056            2/28 6 MO LIBOR                                                     1               JPM
     252809068            2/28 6 MO LIBOR                                                     1               JPM
     252809080            2/28 6 MO LIBOR                                                     1               JPM
     252809085            2/28 6 MO LIBOR                                                     3               JPM
     252809170            Fixed Rate                                                          3               JPM
     252809175            2/28 6 MO LIBOR                                                     1               JPM
     252809178            2/28 6 MO LIBOR                                                     1               JPM
     252809191            Fixed Rate                                                          1               JPM
     252809209            2/28 6 MO LIBOR                                                     1               JPM
     252809216            2/28 6 MO LIBOR                                                     1               JPM
     252809251            2/28 6 MO LIBOR                                                     3               JPM
     252809315            2/28 6 MO LIBOR                                                     3               JPM
     252809316            2/28 6 MO LIBOR                                                     3               JPM
     252809323            2/28 6 MO LIBOR                                                     3               JPM
     252809366            2/28 6 MO LIBOR                                                     3               JPM
     252809451            2/28 6 MO LIBOR                                                     3               JPM
     253004528            2/28 6 MO LIBOR                                                     1               JPM
     253004530            2/28 6 MO LIBOR                                                     1               JPM
     253004689            2/28 6 MO LIBOR                                                     2               JPM
     253004723            Fixed Rate                                                          2               JPM
     253004757            2/28 6 MO LIBOR                                                     1               JPM
     253004911            2/28 6 MO LIBOR                                                     2               JPM
     253005024            Fixed Rate                                                          2               JPM
     253005093            2/28 6 MO LIBOR                                                     1               JPM
     253005113            2/28 6 MO LIBOR                                                     1               JPM
     253005171            2/28 6 MO LIBOR                                                     1               JPM
     253005176            Fixed Rate                                                          2               JPM
     253005198            2/28 6 MO LIBOR                                                     1               JPM
     253005261            Fixed Rate                                                          2               JPM
     253005289            2/28 6 MO LIBOR                                                     1               JPM
     253005338            Fixed Rate                                                          1               JPM
     253005379            2/28 6 MO LIBOR                                                     1               JPM
     253005409            Fixed Rate                                                          1               JPM
     253005434            2/28 6 MO LIBOR                                                     1               JPM
     253005439            Fixed Rate                                                          1               JPM
     253005512            2/28 6 MO LIBOR                                                     1               JPM
     253005530            Fixed Rate                                                          1               JPM
     253005590            2/28 6 MO LIBOR                                                     1               JPM
     253005594            Fixed Rate                                                          3               JPM
     253005609            2/28 6 MO LIBOR                                                     3               JPM
     253005660            2/28 6 MO LIBOR                                                     3               JPM
     253005861            2/28 6 MO LIBOR                                                     3               JPM
     253006075            Fixed Rate                                                          3               JPM
     253104391            Fixed Rate                                                          3               JPM
     253203467            Fixed Rate                                                          3               JPM
     253203661            2/28 6 MO LIBOR                                                     1               JPM
     253203935            2/28 6 MO LIBOR                                                     1               JPM
     253203946            2/28 6 MO LIBOR                                                     2               JPM
     253204088            Fixed Rate                                                          2               JPM
     253204222            2/28 6 MO LIBOR                                                     2               JPM
     253204300            2/28 6 MO LIBOR                                                     1               JPM
     253204309            Fixed Rate Balloon                                                  2               JPM
     253204427            Fixed Rate                                                          1               JPM
     253204450            Fixed Rate                                                          1               JPM
     253204611            2/28 6 MO LIBOR                                                     1               JPM
     253204715            3/27 6 MO LIBOR                                                     3               JPM
     253204754            3/27 6 MO LIBOR                                                     3               JPM
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     253303578            2/28 6 MO LIBOR                                                     2               JPM
     253303642            2/28 6 MO LIBOR                                                     2               JPM
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     253303652            2/28 6 MO LIBOR                                                     2               JPM
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     253303846            2/28 6 MO LIBOR                                                     1               JPM
     253303959            2/28 6 MO LIBOR                                                     1               JPM
     253304063            2/28 6 MO LIBOR                                                     1               JPM
     253304133            2/28 6 MO LIBOR                                                     1               JPM
     253304149            2/28 6 MO LIBOR                                                     3               JPM
     253304188            2/28 6 MO LIBOR                                                     3               JPM
     253304194            2/28 6 MO LIBOR                                                     3               JPM
     253304269            2/28 6 MO LIBOR                                                     3               JPM
     253304320            2/28 6 MO LIBOR                                                     3               JPM
     253304423            2/28 6 MO LIBOR                                                     3               JPM
     253304467            3/27 6 MO LIBOR                                                     3               JPM
     253401444            Fixed Rate                                                          1               JPM
     253402434            3/27 6 MO LIBOR                                                     2               JPM
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     253402667            3/27 6 MO LIBOR                                                     2               JPM
     253402773            2/28 6 MO LIBOR                                                     1               JPM
     253402776            2/28 6 MO LIBOR                                                     1               JPM
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     253402855            2/28 6 MO LIBOR                                                     1               JPM
     253402864            2/28 6 MO LIBOR                                                     1               JPM
     253402898            2/28 6 MO LIBOR                                                     3               JPM
     253402905            2/28 6 MO LIBOR                                                     3               JPM
     253402918            2/28 6 MO LIBOR                                                     1               JPM
     253503284            Fixed Rate Balloon                                                  2               JPM
     253503476            6 MO LIBOR                                                          1               JPM
     253503546            2/28 6 MO LIBOR                                                     2               JPM
     253503827            2/28 6 MO LIBOR                                                     1               JPM
     253504024            2/28 6 MO LIBOR                                                     1               JPM
     253504036            2/28 6 MO LIBOR                                                     1               JPM
     253504206            2/28 6 MO LIBOR                                                     3               JPM
     253504251            2/28 6 MO LIBOR                                                     3               JPM
     253603332            2/28 6 MO LIBOR                                                     2               JPM
     253603370            2/28 6 MO LIBOR                                                     2               JPM
     253603384            2/28 6 MO LIBOR                                                     2               JPM
     253603491            2/28 6 MO LIBOR                                                     1               JPM
     253603508            2/28 6 MO LIBOR                                                     1               JPM
     253603544            2/28 6 MO LIBOR                                                     1               JPM
     253603779            2/28 6 MO LIBOR                                                     1               JPM
     253603784            2/28 6 MO LIBOR                                                     1               JPM
     253603811            2/28 6 MO LIBOR                                                     1               JPM
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     253603863            2/28 6 MO LIBOR                                                     1               JPM
     253603871            Fixed Rate                                                          1               JPM
     253603898            2/28 6 MO LIBOR                                                     3               JPM
     253603922            2/28 6 MO LIBOR                                                     3               JPM
     253603965            2/28 6 MO LIBOR                                                     3               JPM
     253603974            2/28 6 MO LIBOR                                                     3               JPM
     253604021            2/28 6 MO LIBOR                                                     3               JPM
     253604091            2/28 6 MO LIBOR                                                     3               JPM
     253604107            2/28 6 MO LIBOR                                                     3               JPM
     253604119            2/28 6 MO LIBOR                                                     3               JPM
     253604151            2/28 6 MO LIBOR                                                     3               JPM
     253704663            2/28 6 MO LIBOR                                                     1               JPM
     253705301            Fixed Rate                                                          2               JPM
     253705354            Fixed Rate Balloon                                                  2               JPM
     253705381            Fixed Rate Balloon                                                  2               JPM
     253705524            Fixed Rate                                                          2               JPM
     253705575            2/28 6 MO LIBOR                                                     2               JPM
     253705590            Fixed Rate Balloon                                                  2               JPM
     253705654            Fixed Rate                                                          2               JPM
     253705672            6 MO LIBOR                                                          2               JPM
     253705708            2/28 6 MO LIBOR                                                     1               JPM
     253705723            2/28 6 MO LIBOR                                                     2               JPM
     253705852            Fixed Rate Balloon                                                  2               JPM
     253705995            6 MO LIBOR                                                          3               JPM
     253706019            Fixed Rate                                                          3               JPM
     253706029            2/28 6 MO LIBOR                                                     3               JPM
     253706043            2/28 6 MO LIBOR                                                     1               JPM
     253706061            2/28 6 MO LIBOR                                                     3               JPM
     253706128            2/28 6 MO LIBOR                                                     3               JPM
     253706130            2/28 6 MO LIBOR                                                     1               JPM
     253706168            2/28 6 MO LIBOR                                                     3               JPM
     253706176            2/28 6 MO LIBOR                                                     3               JPM
     253706254            2/28 6 MO LIBOR                                                     3               JPM
     253706508            2/28 6 MO LIBOR                                                     3               JPM
     253804826            Fixed Rate                                                          2               JPM
     253804859            Fixed Rate Balloon                                                  2               JPM
     253804930            2/28 6 MO LIBOR                                                     2               JPM
     253805045            Fixed Rate                                                          2               JPM
     253805091            2/28 6 MO LIBOR                                                     1               JPM
     253805098            2/28 6 MO LIBOR                                                     1               JPM
     253805116            2/28 6 MO LIBOR                                                     1               JPM
     253805173            2/28 6 MO LIBOR                                                     1               JPM
     253805212            2/28 6 MO LIBOR                                                     3               JPM
     253905227            Fixed Rate                                                          2               JPM
     253905726            2/28 6 MO LIBOR                                                     2               JPM
     253906095            Fixed Rate                                                          2               JPM
     253906159            2/28 6 MO LIBOR                                                     1               JPM
     253906161            Fixed Rate                                                          2               JPM
     253906260            2/28 6 MO LIBOR                                                     1               JPM
     253906311            2/28 6 MO LIBOR                                                     1               JPM
     253906316            2/28 6 MO LIBOR                                                     1               JPM
     254006509            Fixed Rate                                                          2               JPM
     254006566            2/28 6 MO LIBOR                                                     2               JPM
     254006629            2/28 6 MO LIBOR                                                     1               JPM
     254006706            2/28 6 MO LIBOR                                                     1               JPM
     254006813            2/28 6 MO LIBOR                                                     3               JPM
     254006816            2/28 6 MO LIBOR                                                     1               JPM
     254006880            2/28 6 MO LIBOR                                                     2               JPM
     254007034            2/28 6 MO LIBOR                                                     2               JPM
     254007036            2/28 6 MO LIBOR                                                     1               JPM
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     254007107            2/28 6 MO LIBOR                                                     1               JPM
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     254007145            2/28 6 MO LIBOR                                                     2               JPM
     254007182            2/28 6 MO LIBOR                                                     1               JPM
     254007288            2/28 6 MO LIBOR                                                     3               JPM
     254007361            2/28 6 MO LIBOR                                                     3               JPM
     254104528            2/28 6 MO LIBOR                                                     1               JPM
     254106092            2/28 6 MO LIBOR                                                     2               JPM
     254106264            2/28 6 MO LIBOR                                                     2               JPM
     254106344            2/28 6 MO LIBOR                                                     2               JPM
     254106386            2/28 6 MO LIBOR                                                     1               JPM
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     254106543            2/28 6 MO LIBOR                                                     1               JPM
     254106553            Fixed Rate                                                          2               JPM
     254106747            2/28 6 MO LIBOR                                                     1               JPM
     254106759            2/28 6 MO LIBOR                                                     1               JPM
     254106783            3/27 6 MO LIBOR                                                     1               JPM
     254106795            3/27 6 MO LIBOR                                                     1               JPM
     254106817            2/28 6 MO LIBOR                                                     1               JPM
     254106908            2/28 6 MO LIBOR                                                     1               JPM
     254106922            2/28 6 MO LIBOR                                                     1               JPM
     254107001            2/28 6 MO LIBOR                                                     3               JPM
     254107065            2/28 6 MO LIBOR                                                     3               JPM
     254107079            2/28 6 MO LIBOR                                                     3               JPM
     254107085            2/28 6 MO LIBOR                                                     3               JPM
     254205357            Fixed Rate                                                          2               JPM
     254205584            2/28 6 MO LIBOR                                                     1               JPM
     254205672            2/28 6 MO LIBOR                                                     3               JPM
     254205675            Fixed Rate                                                          1               JPM
     254205682            2/28 6 MO LIBOR                                                     3               JPM
     254205714            2/28 6 MO LIBOR                                                     3               JPM
     254205739            2/28 6 MO LIBOR                                                     3               JPM
     254205800            2/28 6 MO LIBOR                                                     3               JPM
     254205977            2/28 6 MO LIBOR IO                                                  3               JPM
     254507692            2/28 6 MO LIBOR                                                     2               JPM
     254507730            Fixed Rate                                                          2               JPM
     254507798            2/28 6 MO LIBOR                                                     1               JPM
     254508591            2/28 6 MO LIBOR                                                     2               JPM
     254508653            Fixed Rate                                                          2               JPM
     254508701            2/28 6 MO LIBOR                                                     3               JPM
     254508741            2/28 6 MO LIBOR                                                     1               JPM
     254508744            2/28 6 MO LIBOR                                                     1               JPM
     254508786            Fixed Rate                                                          1               JPM
     254508819            2/28 6 MO LIBOR                                                     1               JPM
     254508846            2/28 6 MO LIBOR                                                     1               JPM
     254508891            Fixed Rate Balloon                                                  2               JPM
     254508918            2/28 6 MO LIBOR                                                     3               JPM
     254508995            Fixed Rate                                                          3               JPM
     254509008            2/28 6 MO LIBOR                                                     1               JPM
     254509049            2/28 6 MO LIBOR                                                     3               JPM
     254509055            2/28 6 MO LIBOR                                                     3               JPM
     254509109            2/28 6 MO LIBOR                                                     3               JPM
     254509147            2/28 6 MO LIBOR                                                     3               JPM
     254509158            2/28 6 MO LIBOR                                                     3               JPM
     254509195            Fixed Rate                                                          3               JPM
     254509259            2/28 6 MO LIBOR                                                     3               JPM
     254509273            Fixed Rate                                                          3               JPM
     254509306            2/28 6 MO LIBOR                                                     3               JPM
     254607022            2/28 6 MO LIBOR                                                     2               JPM
     254607120            Fixed Rate                                                          2               JPM
     254607148            2/28 6 MO LIBOR                                                     2               JPM
     254607240            2/28 6 MO LIBOR                                                     1               JPM
     254607377            Fixed Rate                                                          2               JPM
     254607394            2/28 6 MO LIBOR                                                     1               JPM
     254607409            2/28 6 MO LIBOR                                                     1               JPM
     254607428            2/28 6 MO LIBOR                                                     2               JPM
     254607440            Fixed Rate                                                          2               JPM
     254607565            Fixed Rate                                                          1               JPM
     254607591            2/28 6 MO LIBOR                                                     1               JPM
     254607636            Fixed Rate                                                          1               JPM
     254607651            2/28 6 MO LIBOR                                                     1               JPM
     254607690            Fixed Rate                                                          3               JPM
     254607705            2/28 6 MO LIBOR                                                     3               JPM
     254706068            Fixed Rate Balloon                                                  2               JPM
     254706292            Fixed Rate Balloon                                                  2               JPM
     254706338            2/28 6 MO LIBOR                                                     2               JPM
     254706413            2/28 6 MO LIBOR                                                     1               JPM
     254706453            2/28 6 MO LIBOR                                                     1               JPM
     254706454            Fixed Rate                                                          3               JPM
     254706506            2/28 6 MO LIBOR                                                     1               JPM
     254706570            Fixed Rate                                                          1               JPM
     254706585            2/28 6 MO LIBOR                                                     1               JPM
     254706601            2/28 6 MO LIBOR                                                     1               JPM
     254706621            2/28 6 MO LIBOR                                                     3               JPM
     254706637            Fixed Rate                                                          1               JPM
     254706648            2/28 6 MO LIBOR                                                     3               JPM
     254706662            2/28 6 MO LIBOR                                                     3               JPM
     254706670            2/28 6 MO LIBOR                                                     3               JPM
     254706754            2/28 6 MO LIBOR                                                     3               JPM
     254706829            3/27 6 MO LIBOR                                                     3               JPM
     254808619            2/28 6 MO LIBOR                                                     1               JPM
     254809462            2/28 6 MO LIBOR                                                     1               JPM
     254809668            Fixed Rate                                                          1               JPM
     254809798            2/28 6 MO LIBOR                                                     1               JPM
     254809813            Fixed Rate                                                          1               JPM
     254809819            Fixed Rate                                                          3               JPM
     254809837            2/28 6 MO LIBOR                                                     1               JPM
     254809841            Fixed Rate                                                          1               JPM
     254809846            Fixed Rate                                                          1               JPM
     254809852            Fixed Rate                                                          1               JPM
     254809869            Fixed Rate                                                          1               JPM
     254809880            2/28 6 MO LIBOR                                                     3               JPM
     254809898            2/28 6 MO LIBOR                                                     1               JPM
     254809930            2/28 6 MO LIBOR                                                     1               JPM
     254809942            Fixed Rate                                                          1               JPM
     254810033            2/28 6 MO LIBOR                                                     1               JPM
     254810038            Fixed Rate                                                          1               JPM
     254810285            2/28 6 MO LIBOR                                                     3               JPM
     254908241            2/28 6 MO LIBOR                                                     1               JPM
     254909984            2/28 6 MO LIBOR                                                     1               JPM
     254910211            2/28 6 MO LIBOR                                                     1               JPM
     254910429            2/28 6 MO LIBOR                                                     1               JPM
     254910432            Fixed Rate                                                          2               JPM
     254910518            2/28 6 MO LIBOR                                                     1               JPM
     254910539            2/28 6 MO LIBOR                                                     1               JPM
     254910557            Fixed Rate                                                          1               JPM
     254910573            Fixed Rate                                                          1               JPM
     254910639            Fixed Rate                                                          1               JPM
     254910655            2/28 6 MO LIBOR                                                     3               JPM
     254910665            Fixed Rate                                                          1               JPM
     254910775            2/28 6 MO LIBOR                                                     3               JPM
     254911050            2/28 6 MO LIBOR                                                     3               JPM
     255001194            Fixed Rate                                                          3               JPM
     255001356            Fixed Rate                                                          3               JPM
     255001363            Fixed Rate                                                          3               JPM
     255001408            Fixed Rate                                                          3               JPM
     255001426            Fixed Rate                                                          3               JPM
     255102719            Fixed Rate                                                          3               JPM
     255103898            Fixed Rate                                                          3               JPM
     255103917            Fixed Rate                                                          3               JPM
     255103988            Fixed Rate                                                          3               JPM
     255302046            Fixed Rate                                                          3               JPM
     255302275            Fixed Rate                                                          3               JPM
     255302284            Fixed Rate                                                          3               JPM
     255302300            Fixed Rate                                                          3               JPM
     255302601            Fixed Rate                                                          3               JPM
     255302749            Fixed Rate                                                          3               JPM
     255316280            Fixed Rate                                                          2               JPM
     255318896            2/28 6 MO LIBOR                                                     1               JPM
     255319032            2/28 6 MO LIBOR                                                     1               JPM
     255319053            2/28 6 MO LIBOR                                                     2               JPM
     255319068            2/28 6 MO LIBOR                                                     2               JPM
     255319090            2/28 6 MO LIBOR                                                     1               JPM
     255319185            2/28 6 MO LIBOR                                                     2               JPM
     255319221            2/28 6 MO LIBOR                                                     1               JPM
     255319294            2/28 6 MO LIBOR                                                     2               JPM
     255319315            Fixed Rate                                                          1               JPM
     255319319            2/28 6 MO LIBOR                                                     3               JPM
     255319328            Fixed Rate                                                          1               JPM
     255319351            2/28 6 MO LIBOR                                                     3               JPM
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     255319402            2/28 6 MO LIBOR                                                     1               JPM
     255319406            Fixed Rate                                                          1               JPM
     255319463            Fixed Rate                                                          1               JPM
     255319590            2/28 6 MO LIBOR                                                     3               JPM
     255401269            Fixed Rate                                                          3               JPM
     255401511            Fixed Rate                                                          3               JPM
     255411430            Fixed Rate                                                          1               JPM
     255412771            2/28 6 MO LIBOR                                                     1               JPM
     255413487            3/27 6 MO LIBOR                                                     2               JPM
     255413576            Fixed Rate                                                          1               JPM
     255413646            2/28 6 MO LIBOR                                                     3               JPM
     255413649            2/28 6 MO LIBOR                                                     1               JPM
     255413717            2/28 6 MO LIBOR                                                     1               JPM
     255413747            Fixed Rate                                                          1               JPM
     255413750            2/28 6 MO LIBOR                                                     1               JPM
     255413752            2/28 6 MO LIBOR                                                     3               JPM
     255413771            2/28 6 MO LIBOR                                                     3               JPM
     255413834            2/28 6 MO LIBOR                                                     3               JPM
     255501729            Fixed Rate                                                          3               JPM
     255501783            Fixed Rate                                                          3               JPM
     255501785            Fixed Rate                                                          3               JPM
     255602113            Fixed Rate                                                          3               JPM
     255602269            Fixed Rate                                                          3               JPM
     255602299            Fixed Rate                                                          3               JPM
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     255615155            2/28 6 MO LIBOR                                                     1               JPM
     255615253            2/28 6 MO LIBOR                                                     2               JPM
     255615409            Fixed Rate                                                          2               JPM
     255615530            Fixed Rate                                                          3               JPM
     255615609            2/28 6 MO LIBOR                                                     2               JPM
     255615611            Fixed Rate                                                          1               JPM
     255615613            2/28 6 MO LIBOR                                                     2               JPM
     255615691            Fixed Rate                                                          1               JPM
     255615694            2/28 6 MO LIBOR                                                     1               JPM
     255615698            2/28 6 MO LIBOR                                                     1               JPM
     255615731            2/28 6 MO LIBOR                                                     2               JPM
     255615747            2/28 6 MO LIBOR                                                     3               JPM
     255615754            2/28 6 MO LIBOR                                                     1               JPM
     255615760            2/28 6 MO LIBOR                                                     3               JPM
     255615770            2/28 6 MO LIBOR                                                     3               JPM
     255615779            Fixed Rate                                                          1               JPM
     255615803            2/28 6 MO LIBOR                                                     1               JPM
     255615812            2/28 6 MO LIBOR                                                     3               JPM
     255615816            2/28 6 MO LIBOR                                                     1               JPM
     255615855            2/28 6 MO LIBOR                                                     3               JPM
     255616068            2/28 6 MO LIBOR                                                     3               JPM
     255616075            2/28 6 MO LIBOR                                                     3               JPM
     255616087            2/28 6 MO LIBOR                                                     3               JPM
     255702407            Fixed Rate                                                          3               JPM
     255702452            Fixed Rate                                                          3               JPM
     255702537            Fixed Rate                                                          3               JPM
     255702611            Fixed Rate                                                          3               JPM
     255714800            2/28 6 MO LIBOR                                                     2               JPM
     255714807            2/28 6 MO LIBOR                                                     1               JPM
     255715031            2/28 6 MO LIBOR                                                     1               JPM
     255715040            Fixed Rate                                                          2               JPM
     255715122            Fixed Rate                                                          1               JPM
     255715130            2/28 6 MO LIBOR                                                     3               JPM
     255715152            2/28 6 MO LIBOR                                                     3               JPM
     255715178            2/28 6 MO LIBOR                                                     1               JPM
     255715202            2/28 6 MO LIBOR                                                     1               JPM
     255715229            2/28 6 MO LIBOR                                                     1               JPM
     255715230            2/28 6 MO LIBOR                                                     3               JPM
     255715248            2/28 6 MO LIBOR                                                     3               JPM
     255715272            Fixed Rate                                                          1               JPM
     255715284            2/28 6 MO LIBOR                                                     1               JPM
     255715292            2/28 6 MO LIBOR                                                     3               JPM
     255715337            2/28 6 MO LIBOR                                                     3               JPM
     255715477            2/28 6 MO LIBOR                                                     3               JPM
     255800655            Fixed Rate                                                          3               JPM
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     255800724            Fixed Rate                                                          3               JPM
     255800728            Fixed Rate                                                          3               JPM
     255800943            Fixed Rate                                                          3               JPM
     255811958            2/28 6 MO LIBOR                                                     1               JPM
     255812457            Fixed Rate                                                          3               JPM
     255812495            2/28 6 MO LIBOR                                                     1               JPM
     255812505            Fixed Rate                                                          2               JPM
     255812979            Fixed Rate                                                          2               JPM
     255813030            2/28 6 MO LIBOR                                                     3               JPM
     255813042            2/28 6 MO LIBOR                                                     2               JPM
     255813107            2/28 6 MO LIBOR                                                     2               JPM
     255813140            Fixed Rate                                                          3               JPM
     255813161            2/28 6 MO LIBOR                                                     3               JPM
     255813184            2/28 6 MO LIBOR                                                     2               JPM
     255813223            Fixed Rate                                                          2               JPM
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     255813261            Fixed Rate                                                          1               JPM
     255813279            Fixed Rate                                                          1               JPM
     255813285            2/28 6 MO LIBOR                                                     1               JPM
     255813321            2/28 6 MO LIBOR                                                     1               JPM
     255813334            Fixed Rate                                                          1               JPM
     255813358            Fixed Rate                                                          3               JPM
     255813465            2/28 6 MO LIBOR                                                     3               JPM
     255813476            2/28 6 MO LIBOR                                                     3               JPM
     255813481            2/28 6 MO LIBOR                                                     3               JPM
     255813503            2/28 6 MO LIBOR                                                     3               JPM
     255900826            Fixed Rate                                                          3               JPM
     255901068            Fixed Rate                                                          3               JPM
     255901133            Fixed Rate                                                          3               JPM
     255901140            Fixed Rate                                                          3               JPM
     255901167            Fixed Rate                                                          3               JPM
     255914085            Fixed Rate                                                          2               JPM
     255914156            Fixed Rate                                                          2               JPM
     255914243            2/28 6 MO LIBOR                                                     1               JPM
     255914340            Fixed Rate                                                          1               JPM
     255914341            2/28 6 MO LIBOR                                                     3               JPM
     255914441            Fixed Rate                                                          2               JPM
     255914486            3/27 6 MO LIBOR                                                     1               JPM
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     255914574            2/28 6 MO LIBOR                                                     3               JPM
     255914584            2/28 6 MO LIBOR                                                     1               JPM
     255914597            Fixed Rate                                                          1               JPM
     255914794            2/28 6 MO LIBOR                                                     3               JPM
     255914939            Fixed Rate                                                          3               JPM
     255914956            2/28 6 MO LIBOR                                                     3               JPM
     255915082            Fixed Rate                                                          3               JPM
     256100898            Fixed Rate                                                          3               JPM
     256200437            Fixed Rate                                                          3               JPM
     256200521            Fixed Rate                                                          3               JPM
     256200589            Fixed Rate                                                          3               JPM
     256211317            2/28 6 MO LIBOR                                                     1               JPM
     256211764            Fixed Rate                                                          2               JPM
     256211810            2/28 6 MO LIBOR                                                     1               JPM
     256211814            2/28 6 MO LIBOR                                                     1               JPM
     256211853            2/28 6 MO LIBOR                                                     1               JPM
     256211871            2/28 6 MO LIBOR                                                     1               JPM
     256211872            2/28 6 MO LIBOR                                                     1               JPM
     256211881            Fixed Rate                                                          1               JPM
     256211910            2/28 6 MO LIBOR                                                     1               JPM
     256211928            2/28 6 MO LIBOR                                                     3               JPM
     256211929            2/28 6 MO LIBOR                                                     1               JPM
     256212002            2/28 6 MO LIBOR                                                     3               JPM
     256212045            2/28 6 MO LIBOR                                                     3               JPM
     256412685            2/28 6 MO LIBOR                                                     2               JPM
     256412744            2/28 6 MO LIBOR                                                     1               JPM
     256412760            Fixed Rate Balloon                                                  2               JPM
     256412987            Fixed Rate Balloon                                                  2               JPM
     256412998            2/28 6 MO LIBOR                                                     1               JPM
     256413045            Fixed Rate Balloon                                                  2               JPM
     256413110            2/28 6 MO LIBOR                                                     2               JPM
     256413116            3/27 6 MO LIBOR                                                     1               JPM
     256413119            2/28 6 MO LIBOR                                                     2               JPM
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     256413320            Fixed Rate Balloon                                                  2               JPM
     256413423            2/28 6 MO LIBOR                                                     1               JPM
     256413432            2/28 6 MO LIBOR                                                     2               JPM
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     256413603            Fixed Rate                                                          1               JPM
     256413641            2/28 6 MO LIBOR                                                     1               JPM
     256413647            2/28 6 MO LIBOR                                                     1               JPM
     256413667            2/28 6 MO LIBOR                                                     3               JPM
     256413674            2/28 6 MO LIBOR                                                     1               JPM
     256413695            2/28 6 MO LIBOR                                                     1               JPM
     256413707            2/28 6 MO LIBOR                                                     1               JPM
     256413723            2/28 6 MO LIBOR                                                     1               JPM
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     256413799            2/28 6 MO LIBOR                                                     3               JPM
     256607981            2/28 6 MO LIBOR                                                     1               JPM
     256608494            2/28 6 MO LIBOR                                                     2               JPM
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     256608969            2/28 6 MO LIBOR                                                     1               JPM
     256609149            3/27 6 MO LIBOR                                                     1               JPM
     256609177            2/28 6 MO LIBOR                                                     3               JPM
     256609188            2/28 6 MO LIBOR                                                     3               JPM
     256609300            2/28 6 MO LIBOR                                                     3               JPM
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     256708572            2/28 6 MO LIBOR                                                     1               JPM
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     256708710            2/28 6 MO LIBOR                                                     2               JPM
     256708791            2/28 6 MO LIBOR                                                     2               JPM
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     256708849            2/28 6 MO LIBOR                                                     1               JPM
     256708980            Fixed Rate Balloon                                                  2               JPM
     256709052            2/28 6 MO LIBOR                                                     1               JPM
     256709088            2/28 6 MO LIBOR                                                     1               JPM
     256709142            2/28 6 MO LIBOR                                                     1               JPM
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     256709199            2/28 6 MO LIBOR                                                     3               JPM
     256709209            2/28 6 MO LIBOR                                                     1               JPM
     256709241            2/28 6 MO LIBOR                                                     1               JPM
     256709282            2/28 6 MO LIBOR                                                     3               JPM
     256807639            2/28 6 MO LIBOR                                                     1               JPM
     256807672            2/28 6 MO LIBOR                                                     1               JPM
     256808025            2/28 6 MO LIBOR                                                     2               JPM
     256907713            2/28 6 MO LIBOR                                                     1               JPM
     256907742            2/28 6 MO LIBOR                                                     1               JPM
     256908010            2/28 6 MO LIBOR                                                     1               JPM
     256908257            2/28 6 MO LIBOR                                                     1               JPM
     256908283            2/28 6 MO LIBOR                                                     1               JPM
     256908353            2/28 6 MO LIBOR                                                     1               JPM
     256908407            2/28 6 MO LIBOR                                                     3               JPM
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     257008154            Fixed Rate                                                          2               JPM
     257008171            2/28 6 MO LIBOR                                                     1               JPM
     257008341            2/28 6 MO LIBOR                                                     3               JPM
     257008455            2/28 6 MO LIBOR                                                     2               JPM
     257008470            2/28 6 MO LIBOR                                                     1               JPM
     257008647            2/28 6 MO LIBOR                                                     1               JPM
     257008681            2/28 6 MO LIBOR                                                     3               JPM
     257008843            2/28 6 MO LIBOR                                                     3               JPM
     257108547            2/28 6 MO LIBOR                                                     1               JPM
     257109253            2/28 6 MO LIBOR                                                     2               JPM
     257109334            2/28 6 MO LIBOR                                                     1               JPM
     257109374            3/27 6 MO LIBOR                                                     2               JPM
     257109530            2/28 6 MO LIBOR                                                     1               JPM
     257109547            2/28 6 MO LIBOR                                                     2               JPM
     257109688            2/28 6 MO LIBOR                                                     1               JPM
     257109755            2/28 6 MO LIBOR                                                     1               JPM
     257109764            2/28 6 MO LIBOR                                                     1               JPM
     257109776            2/28 6 MO LIBOR                                                     1               JPM
     257109794            2/28 6 MO LIBOR                                                     3               JPM
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     257109827            2/28 6 MO LIBOR                                                     1               JPM
     257109858            2/28 6 MO LIBOR                                                     3               JPM
     257109907            2/28 6 MO LIBOR                                                     3               JPM
     257109931            2/28 6 MO LIBOR                                                     1               JPM
     257110246            2/28 6 MO LIBOR                                                     3               JPM
     257110270            Fixed Rate                                                          3               JPM
     257110289            2/28 6 MO LIBOR                                                     3               JPM
     257207431            2/28 6 MO LIBOR                                                     1               JPM
     257207467            2/28 6 MO LIBOR                                                     2               JPM
     257207477            2/28 6 MO LIBOR                                                     2               JPM
     257207558            2/28 6 MO LIBOR                                                     1               JPM
     257207656            2/28 6 MO LIBOR                                                     1               JPM
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     257207676            2/28 6 MO LIBOR                                                     1               JPM
     257207677            2/28 6 MO LIBOR                                                     1               JPM
     257207680            2/28 6 MO LIBOR                                                     1               JPM
     257207691            2/28 6 MO LIBOR                                                     3               JPM
     257207718            2/28 6 MO LIBOR                                                     1               JPM
     257207935            2/28 6 MO LIBOR                                                     3               JPM
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     257405727            2/28 6 MO LIBOR                                                     1               JPM
     257405737            2/28 6 MO LIBOR                                                     1               JPM
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     257405802            Fixed Rate                                                          1               JPM
     257405808            2/28 6 MO LIBOR                                                     1               JPM
     257405847            2/28 6 MO LIBOR                                                     1               JPM
     257405853            2/28 6 MO LIBOR                                                     3               JPM
     257405903            2/28 6 MO LIBOR                                                     3               JPM
     257405931            3/27 6 MO LIBOR                                                     3               JPM
     257506048            2/28 6 MO LIBOR                                                     1               JPM
     257506093            2/28 6 MO LIBOR                                                     1               JPM
     257506287            3/27 6 MO LIBOR                                                     1               JPM
     257506334            2/28 6 MO LIBOR                                                     2               JPM
     257506451            2/28 6 MO LIBOR                                                     1               JPM
     257506585            3/27 6 MO LIBOR                                                     2               JPM
     257506597            2/28 6 MO LIBOR                                                     1               JPM
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     257506743            2/28 6 MO LIBOR                                                     1               JPM
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     257506852            2/28 6 MO LIBOR                                                     1               JPM
     257506888            2/28 6 MO LIBOR                                                     1               JPM
     257506934            2/28 6 MO LIBOR                                                     1               JPM
     257506952            2/28 6 MO LIBOR                                                     3               JPM
     257506964            2/28 6 MO LIBOR                                                     1               JPM
     257507000            2/28 6 MO LIBOR                                                     1               JPM
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     257507042            2/28 6 MO LIBOR                                                     1               JPM
     257507102            2/28 6 MO LIBOR                                                     3               JPM
     257507106            2/28 6 MO LIBOR                                                     3               JPM
     257507129            2/28 6 MO LIBOR                                                     3               JPM
     257507154            2/28 6 MO LIBOR                                                     3               JPM
     257507169            2/28 6 MO LIBOR                                                     3               JPM
     257507495            2/28 6 MO LIBOR                                                     3               JPM
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     257606832            2/28 6 MO LIBOR                                                     3               JPM
     257606979            2/28 6 MO LIBOR                                                     1               JPM
     257607220            2/28 6 MO LIBOR                                                     3               JPM
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     257702985            2/28 6 MO LIBOR                                                     2               JPM
     257703004            2/28 6 MO LIBOR                                                     1               JPM
     257703021            2/28 6 MO LIBOR                                                     2               JPM
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     257703090            2/28 6 MO LIBOR                                                     2               JPM
     257703178            Fixed Rate Balloon                                                  2               JPM
     257703183            2/28 6 MO LIBOR                                                     2               JPM
     257703217            Fixed Rate                                                          3               JPM
     257703267            2/28 6 MO LIBOR                                                     1               JPM
     257703287            2/28 6 MO LIBOR                                                     1               JPM
     257703307            2/28 6 MO LIBOR                                                     1               JPM
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     257703343            2/28 6 MO LIBOR                                                     1               JPM
     257703358            2/28 6 MO LIBOR                                                     3               JPM
     257703359            2/28 6 MO LIBOR                                                     1               JPM
     257703373            2/28 6 MO LIBOR                                                     3               JPM
     257703428            2/28 6 MO LIBOR                                                     3               JPM
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     257804498            2/28 6 MO LIBOR                                                     2               JPM
     257804577            2/28 6 MO LIBOR                                                     1               JPM
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     257804739            2/28 6 MO LIBOR                                                     1               JPM
     257804800            6 MO LIBOR                                                          1               JPM
     257804877            2/28 6 MO LIBOR                                                     1               JPM
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     257805148            2/28 6 MO LIBOR                                                     3               JPM
     257805161            2/28 6 MO LIBOR                                                     3               JPM
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     257805344            2/28 6 MO LIBOR                                                     3               JPM
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     257902953            2/28 6 MO LIBOR                                                     1               JPM
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     257903698            2/28 6 MO LIBOR                                                     2               JPM
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     257903852            2/28 6 MO LIBOR                                                     1               JPM
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     257903924            2/28 6 MO LIBOR                                                     3               JPM
     257903993            3/27 6 MO LIBOR                                                     3               JPM
     257904015            2/28 6 MO LIBOR                                                     3               JPM
     258000175            3/27 6 MO LIBOR IO                                                  2               JPM
     258000199            2/28 6 MO LIBOR                                                     2               JPM
     258000208            2/28 6 MO LIBOR IO                                                  2               JPM
     258000212            2/28 6 MO LIBOR IO                                                  2               JPM
     258000214            3/27 6 MO LIBOR IO                                                  2               JPM
     258000219            Fixed Rate Balloon                                                  2               JPM
     258000225            2/28 6 MO LIBOR                                                     1               JPM
     258000227            3/27 6 MO LIBOR IO                                                  1               JPM
     258000243            Fixed Rate                                                          3               JPM
     258100378            2/28 6 MO LIBOR                                                     3               JPM
     258100389            2/28 6 MO LIBOR                                                     3               JPM
     258100563            Fixed Rate                                                          3               JPM
     258113822            2/28 6 MO LIBOR                                                     1               JPM
     258114653            5/25 1 YR LIBOR                                                     3               JPM
     258200365            Fixed Rate                                                          3               JPM
     258200574            Fixed Rate                                                          3               JPM
     258215001            2/28 6 MO LIBOR                                                     2               JPM
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     258215331            Fixed Rate                                                          2               JPM
     258215341            2/28 6 MO LIBOR                                                     2               JPM
     258215488            2/28 6 MO LIBOR                                                     1               JPM
     258215531            2/28 6 MO LIBOR                                                     1               JPM
     258215555            2/28 6 MO LIBOR                                                     1               JPM
     258215602            2/28 6 MO LIBOR                                                     1               JPM
     258215625            2/28 6 MO LIBOR                                                     3               JPM
     258215646            3/27 6 MO LIBOR                                                     1               JPM
     258215669            2/28 6 MO LIBOR                                                     1               JPM
     258215682            2/28 6 MO LIBOR                                                     3               JPM
     258215765            2/28 6 MO LIBOR                                                     1               JPM
     258215794            2/28 6 MO LIBOR                                                     3               JPM
     258215815            Fixed Rate                                                          3               JPM
     258216114            Fixed Rate                                                          3               JPM
     258216131            2/28 6 MO LIBOR                                                     3               JPM
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     258304239            2/28 6 MO LIBOR                                                     1               JPM
     258304756            2/28 6 MO LIBOR                                                     1               JPM
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     258305149            2/28 6 MO LIBOR                                                     1               JPM
     258305208            2/28 6 MO LIBOR                                                     2               JPM
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     258305237            2/28 6 MO LIBOR                                                     1               JPM
     258305288            Fixed Rate                                                          1               JPM
     258305293            6 MO LIBOR                                                          1               JPM
     258305305            2/28 6 MO LIBOR                                                     1               JPM
     258305322            2/28 6 MO LIBOR                                                     3               JPM
     258305335            2/28 6 MO LIBOR                                                     1               JPM
     258305336            2/28 6 MO LIBOR                                                     1               JPM
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     258305387            2/28 6 MO LIBOR                                                     1               JPM
     258305404            2/28 6 MO LIBOR                                                     1               JPM
     258305407            2/28 6 MO LIBOR                                                     1               JPM
     258305434            2/28 6 MO LIBOR                                                     1               JPM
     258305460            2/28 6 MO LIBOR                                                     3               JPM
     258305524            2/28 6 MO LIBOR                                                     1               JPM
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     258305714            2/28 6 MO LIBOR                                                     3               JPM
     258305788            2/28 6 MO LIBOR                                                     3               JPM
     258415703            2/28 6 MO LIBOR                                                     1               JPM
     258415854            2/28 6 MO LIBOR                                                     1               JPM
     258415863            2/28 6 MO LIBOR                                                     2               JPM
     258415935            2/28 6 MO LIBOR                                                     1               JPM
     258415991            2/28 6 MO LIBOR                                                     2               JPM
     258416115            2/28 6 MO LIBOR                                                     2               JPM
     258416194            2/28 6 MO LIBOR                                                     2               JPM
     258416204            2/28 6 MO LIBOR                                                     1               JPM
     258416225            2/28 6 MO LIBOR                                                     2               JPM
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     258416263            2/28 6 MO LIBOR                                                     1               JPM
     258416339            2/28 6 MO LIBOR                                                     1               JPM
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     258416490            2/28 6 MO LIBOR                                                     1               JPM
     258416525            2/28 6 MO LIBOR                                                     1               JPM
     258416535            2/28 6 MO LIBOR                                                     1               JPM
     258416536            2/28 6 MO LIBOR                                                     2               JPM
     258416551            3/27 6 MO LIBOR                                                     3               JPM
     258416558            2/28 6 MO LIBOR                                                     1               JPM
     258416692            2/28 6 MO LIBOR                                                     3               JPM
     258416728            2/28 6 MO LIBOR                                                     3               JPM
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     258416746            2/28 6 MO LIBOR                                                     3               JPM
     258416789            2/28 6 MO LIBOR                                                     3               JPM
     258416796            2/28 6 MO LIBOR                                                     1               JPM
     258416816            2/28 6 MO LIBOR                                                     1               JPM
     258416897            2/28 6 MO LIBOR                                                     3               JPM
     258416950            2/28 6 MO LIBOR                                                     3               JPM
     258416952            2/28 6 MO LIBOR                                                     3               JPM
     258416973            2/28 6 MO LIBOR                                                     3               JPM
     258417033            2/28 6 MO LIBOR                                                     3               JPM
     258417039            2/28 6 MO LIBOR                                                     3               JPM
     258417160            2/28 6 MO LIBOR                                                     3               JPM
     258500923            Fixed Rate                                                          3               JPM
     258501098            Fixed Rate                                                          3               JPM
     258501145            Fixed Rate                                                          3               JPM
     258501284            Fixed Rate                                                          3               JPM
     258501457            2/28 6 MO LIBOR                                                     3               JPM
     258517250            2/28 6 MO LIBOR                                                     1               JPM
     258517266            2/28 6 MO LIBOR                                                     2               JPM
     258517358            2/28 6 MO LIBOR                                                     2               JPM
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     258517523            2/28 6 MO LIBOR                                                     1               JPM
     258517538            2/28 6 MO LIBOR                                                     2               JPM
     258517555            2/28 6 MO LIBOR                                                     1               JPM
     258517568            2/28 6 MO LIBOR                                                     3               JPM
     258517600            2/28 6 MO LIBOR                                                     3               JPM
     258517635            2/28 6 MO LIBOR                                                     1               JPM
     258517668            2/28 6 MO LIBOR                                                     3               JPM
     258517681            2/28 6 MO LIBOR                                                     3               JPM
     258517693            2/28 6 MO LIBOR                                                     3               JPM
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     258517748            2/28 6 MO LIBOR                                                     3               JPM
     258517888            2/28 6 MO LIBOR                                                     3               JPM
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     258609060            2/28 6 MO LIBOR                                                     2               JPM
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     258609514            2/28 6 MO LIBOR                                                     1               JPM
     258609530            2/28 6 MO LIBOR                                                     1               JPM
     258609551            2/28 6 MO LIBOR                                                     1               JPM
     258609559            2/28 6 MO LIBOR                                                     1               JPM
     258609570            3/27 6 MO LIBOR                                                     1               JPM
     258609595            2/28 6 MO LIBOR                                                     1               JPM
     258609596            2/28 6 MO LIBOR                                                     3               JPM
     258609600            6 MO LIBOR                                                          1               JPM
     258609604            2/28 6 MO LIBOR                                                     1               JPM
     258609625            2/28 6 MO LIBOR                                                     3               JPM
     258609661            2/28 6 MO LIBOR                                                     3               JPM
     258609696            2/28 6 MO LIBOR                                                     3               JPM
     258609726            2/28 6 MO LIBOR                                                     3               JPM
     258609765            2/28 6 MO LIBOR                                                     3               JPM
     258609784            2/28 6 MO LIBOR                                                     3               JPM
     258609833            2/28 6 MO LIBOR                                                     3               JPM
     258609907            2/28 6 MO LIBOR                                                     3               JPM
     258710619            5/25 1 YR LIBOR                                                     2               JPM
     258710976            5/25 1 YR LIBOR                                                     3               JPM
     258711010            5/25 1 YR LIBOR                                                     3               JPM
     258711030            5/25 1 YR LIBOR                                                     3               JPM
     258800906            2/28 6 MO LIBOR                                                     3               JPM
     258815332            2/28 6 MO LIBOR                                                     2               JPM
     258815480            2/28 6 MO LIBOR                                                     1               JPM
     258815684            2/28 6 MO LIBOR                                                     1               JPM
     258815924            3/27 6 MO LIBOR                                                     1               JPM
     258816025            2/28 6 MO LIBOR                                                     2               JPM
     258816131            2/28 6 MO LIBOR                                                     1               JPM
     258816132            2/28 6 MO LIBOR                                                     1               JPM
     258816157            Fixed Rate                                                          1               JPM
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     258816274            2/28 6 MO LIBOR                                                     1               JPM
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     258816415            2/28 6 MO LIBOR                                                     1               JPM
     258816446            2/28 6 MO LIBOR                                                     3               JPM
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     258816473            2/28 6 MO LIBOR                                                     3               JPM
     258816479            2/28 6 MO LIBOR                                                     3               JPM
     258816480            2/28 6 MO LIBOR                                                     3               JPM
     258816510            2/28 6 MO LIBOR                                                     3               JPM
     258816549            3/27 6 MO LIBOR                                                     3               JPM
     258816564            2/28 6 MO LIBOR                                                     3               JPM
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     258816612            2/28 6 MO LIBOR                                                     3               JPM
     258816742            2/28 6 MO LIBOR                                                     3               JPM
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     258913975            2/28 6 MO LIBOR                                                     1               JPM
     258914663            2/28 6 MO LIBOR                                                     2               JPM
     258914721            2/28 6 MO LIBOR                                                     1               JPM
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     258914785            Fixed Rate                                                          2               JPM
     258914846            2/28 6 MO LIBOR                                                     1               JPM
     258914932            2/28 6 MO LIBOR                                                     2               JPM
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     258914975            Fixed Rate                                                          1               JPM
     258914990            2/28 6 MO LIBOR                                                     3               JPM
     258915062            2/28 6 MO LIBOR                                                     1               JPM
     258915070            Fixed Rate                                                          1               JPM
     258915089            2/28 6 MO LIBOR                                                     1               JPM
     258915143            2/28 6 MO LIBOR                                                     1               JPM
     258915146            2/28 6 MO LIBOR                                                     1               JPM
     258915160            Fixed Rate                                                          1               JPM
     258915191            2/28 6 MO LIBOR                                                     3               JPM
     258915205            2/28 6 MO LIBOR                                                     3               JPM
     258915243            2/28 6 MO LIBOR                                                     3               JPM
     258915244            2/28 6 MO LIBOR                                                     3               JPM
     258915286            2/28 6 MO LIBOR                                                     3               JPM
     259006548            Fixed Rate Balloon                                                  3               JPM
     259007489            2/28 6 MO LIBOR                                                     1               JPM
     259007838            Fixed Rate Balloon                                                  2               JPM
     259007845            2/28 6 MO LIBOR                                                     2               JPM
     259007857            2/28 6 MO LIBOR                                                     2               JPM
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     259007873            2/28 6 MO LIBOR                                                     2               JPM
     259007884            2/28 6 MO LIBOR                                                     2               JPM
     259007895            2/28 6 MO LIBOR                                                     2               JPM
     259007896            2/28 6 MO LIBOR                                                     2               JPM
     259007904            2/28 6 MO LIBOR                                                     2               JPM
     259007914            2/28 6 MO LIBOR                                                     2               JPM
     259007919            2/28 6 MO LIBOR                                                     2               JPM
     259007946            2/28 6 MO LIBOR                                                     2               JPM
     259007966            2/28 6 MO LIBOR                                                     2               JPM
     259007972            2/28 6 MO LIBOR                                                     2               JPM
     259007978            2/28 6 MO LIBOR                                                     2               JPM
     259007983            Fixed Rate                                                          2               JPM
     259007988            2/28 6 MO LIBOR                                                     2               JPM
     259007992            Fixed Rate                                                          2               JPM
     259008003            2/28 6 MO LIBOR                                                     2               JPM
     259008020            2/28 6 MO LIBOR                                                     2               JPM
     259008025            2/28 6 MO LIBOR                                                     2               JPM
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     259008034            2/28 6 MO LIBOR                                                     2               JPM
     259008036            2/28 6 MO LIBOR                                                     2               JPM
     259008041            3/27 6 MO LIBOR                                                     2               JPM
     259008064            2/28 6 MO LIBOR                                                     3               JPM
     259008067            Fixed Rate                                                          3               JPM
     259008077            2/28 6 MO LIBOR IO                                                  1               JPM
     259008080            2/28 6 MO LIBOR                                                     1               JPM
     259008098            Fixed Rate Balloon                                                  3               JPM
     259008101            2/28 6 MO LIBOR                                                     1               JPM
     259008122            2/28 6 MO LIBOR                                                     1               JPM
     259008127            3/27 6 MO LIBOR                                                     3               JPM
     259008140            3/27 6 MO LIBOR                                                     3               JPM
     259008143            3/27 6 MO LIBOR                                                     3               JPM
     259008144            3/27 6 MO LIBOR                                                     3               JPM
     259008165            3/27 6 MO LIBOR                                                     3               JPM
     259008188            2/28 6 MO LIBOR                                                     3               JPM
     259008190            2/28 6 MO LIBOR                                                     3               JPM
     259008192            2/28 6 MO LIBOR                                                     3               JPM
     259008195            Fixed Rate                                                          3               JPM
     259008196            2/28 6 MO LIBOR                                                     3               JPM
     259008200            3/27 6 MO LIBOR                                                     3               JPM
     259008207            3/27 6 MO LIBOR                                                     3               JPM
     259008245            2/28 6 MO LIBOR                                                     3               JPM
     259008247            2/28 6 MO LIBOR                                                     3               JPM
     259008264            3/27 6 MO LIBOR                                                     3               JPM
     259008266            3/27 6 MO LIBOR                                                     3               JPM
     259008285            2/28 6 MO LIBOR                                                     3               JPM
     259008286            2/28 6 MO LIBOR                                                     3               JPM
     259008300            2/28 6 MO LIBOR                                                     3               JPM
     259008302            Fixed Rate                                                          3               JPM
     259008303            2/28 6 MO LIBOR                                                     3               JPM
     259008310            2/28 6 MO LIBOR                                                     3               JPM
     259008316            2/28 6 MO LIBOR                                                     3               JPM
     259008326            2/28 6 MO LIBOR                                                     3               JPM
     259008328            2/28 6 MO LIBOR                                                     3               JPM
     259008355            Fixed Rate                                                          3               JPM
     259008361            Fixed Rate Balloon                                                  3               JPM
     259008372            Fixed Rate Balloon                                                  3               JPM
     259008374            Fixed Rate                                                          3               JPM
     259008388            Fixed Rate                                                          3               JPM
     259008400            2/28 6 MO LIBOR                                                     3               JPM
     259008402            Fixed Rate                                                          3               JPM
     259008413            Fixed Rate                                                          3               JPM
     259008415            2/28 6 MO LIBOR                                                     3               JPM
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     259106090            2/28 6 MO LIBOR                                                     1               JPM
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     259106404            2/28 6 MO LIBOR                                                     2               JPM
     259106423            2/28 6 MO LIBOR                                                     2               JPM
     259106451            2/28 6 MO LIBOR                                                     2               JPM
     259106480            Fixed Rate                                                          2               JPM
     259106499            2/28 6 MO LIBOR                                                     2               JPM
     259106502            2/28 6 MO LIBOR                                                     2               JPM
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     259106534            2/28 6 MO LIBOR                                                     2               JPM
     259106538            2/28 6 MO LIBOR                                                     2               JPM
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     259106570            2/28 6 MO LIBOR                                                     2               JPM
     259106582            2/28 6 MO LIBOR                                                     2               JPM
     259106589            Fixed Rate                                                          2               JPM
     259106608            Fixed Rate                                                          2               JPM
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     259106617            Fixed Rate                                                          2               JPM
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     259106645            Fixed Rate                                                          2               JPM
     259106649            Fixed Rate                                                          2               JPM
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     259106671            2/28 6 MO LIBOR                                                     2               JPM
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     259106689            2/28 6 MO LIBOR                                                     2               JPM
     259106691            3/27 6 MO LIBOR                                                     1               JPM
     259106702            2/28 6 MO LIBOR                                                     2               JPM
     259106704            Fixed Rate                                                          2               JPM
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     259106712            2/28 6 MO LIBOR                                                     2               JPM
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     259106721            2/28 6 MO LIBOR                                                     2               JPM
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     259106733            2/28 6 MO LIBOR                                                     2               JPM
     259106743            2/28 6 MO LIBOR                                                     2               JPM
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     259106771            Fixed Rate                                                          2               JPM
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     259106783            Fixed Rate                                                          2               JPM
     259106791            Fixed Rate                                                          2               JPM
     259106801            Fixed Rate                                                          2               JPM
     259106804            Fixed Rate                                                          2               JPM
     259106815            Fixed Rate                                                          2               JPM
     259106817            2/28 6 MO LIBOR                                                     2               JPM
     259106819            Fixed Rate                                                          2               JPM
     259106838            2/28 6 MO LIBOR                                                     2               JPM
     259106839            2/28 6 MO LIBOR                                                     2               JPM
     259106843            2/28 6 MO LIBOR                                                     2               JPM
     259106857            Fixed Rate                                                          2               JPM
     259106871            Fixed Rate                                                          2               JPM
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     259106882            Fixed Rate                                                          2               JPM
     259106906            2/28 6 MO LIBOR                                                     2               JPM
     259106907            Fixed Rate                                                          2               JPM
     259106913            2/28 6 MO LIBOR                                                     2               JPM
     259106914            Fixed Rate                                                          2               JPM
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     259106963            2/28 6 MO LIBOR                                                     2               JPM
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     259106991            2/28 6 MO LIBOR                                                     2               JPM
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     259107015            Fixed Rate                                                          2               JPM
     259107018            2/28 6 MO LIBOR                                                     2               JPM
     259107037            2/28 6 MO LIBOR                                                     1               JPM
     259107041            Fixed Rate                                                          2               JPM
     259107048            2/28 6 MO LIBOR                                                     2               JPM
     259107049            Fixed Rate                                                          2               JPM
     259107052            2/28 6 MO LIBOR                                                     2               JPM
     259107054            2/28 6 MO LIBOR                                                     2               JPM
     259107055            Fixed Rate                                                          2               JPM
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     259107065            Fixed Rate                                                          2               JPM
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     259107077            2/28 6 MO LIBOR                                                     1               JPM
     259107080            Fixed Rate                                                          2               JPM
     259107107            2/28 6 MO LIBOR                                                     1               JPM
     259107117            2/28 6 MO LIBOR                                                     2               JPM
     259107119            2/28 6 MO LIBOR                                                     2               JPM
     259107123            Fixed Rate                                                          2               JPM
     259107127            Fixed Rate                                                          3               JPM
     259107128            2/28 6 MO LIBOR                                                     3               JPM
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     259107143            2/28 6 MO LIBOR                                                     1               JPM
     259107148            Fixed Rate                                                          2               JPM
     259107154            2/28 6 MO LIBOR                                                     1               JPM
     259107168            2/28 6 MO LIBOR                                                     1               JPM
     259107170            2/28 6 MO LIBOR                                                     2               JPM
     259107172            Fixed Rate                                                          2               JPM
     259107181            Fixed Rate                                                          2               JPM
     259107188            2/28 6 MO LIBOR                                                     1               JPM
     259107201            2/28 6 MO LIBOR                                                     1               JPM
     259107211            2/28 6 MO LIBOR                                                     1               JPM
     259107220            2/28 6 MO LIBOR                                                     1               JPM
     259107224            2/28 6 MO LIBOR                                                     2               JPM
     259107228            2/28 6 MO LIBOR                                                     1               JPM
     259107229            Fixed Rate                                                          3               JPM
     259107236            2/28 6 MO LIBOR                                                     1               JPM
     259107240            2/28 6 MO LIBOR                                                     1               JPM
     259107244            Fixed Rate                                                          2               JPM
     259107254            2/28 6 MO LIBOR                                                     2               JPM
     259107260            2/28 6 MO LIBOR                                                     1               JPM
     259107270            2/28 6 MO LIBOR                                                     1               JPM
     259107274            Fixed Rate                                                          3               JPM
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     259107286            Fixed Rate                                                          3               JPM
     259107297            2/28 6 MO LIBOR                                                     1               JPM
     259107298            2/28 6 MO LIBOR                                                     1               JPM
     259107299            2/28 6 MO LIBOR                                                     3               JPM
     259107307            2/28 6 MO LIBOR                                                     1               JPM
     259107311            2/28 6 MO LIBOR                                                     1               JPM
     259107315            2/28 6 MO LIBOR                                                     1               JPM
     259107316            2/28 6 MO LIBOR                                                     1               JPM
     259107323            2/28 6 MO LIBOR                                                     1               JPM
     259107325            Fixed Rate                                                          3               JPM
     259107326            2/28 6 MO LIBOR                                                     1               JPM
     259107329            2/28 6 MO LIBOR                                                     1               JPM
     259107337            2/28 6 MO LIBOR                                                     1               JPM
     259107350            Fixed Rate                                                          1               JPM
     259107367            Fixed Rate                                                          3               JPM
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     259107371            Fixed Rate                                                          3               JPM
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     259107401            2/28 6 MO LIBOR                                                     3               JPM
     259107422            Fixed Rate                                                          3               JPM
     259107426            Fixed Rate                                                          3               JPM
     259107429            Fixed Rate                                                          3               JPM
     259107456            Fixed Rate                                                          3               JPM
     259107493            Fixed Rate                                                          3               JPM
     259107499            Fixed Rate                                                          3               JPM
     259107517            2/28 6 MO LIBOR                                                     3               JPM
     259107527            2/28 6 MO LIBOR                                                     3               JPM
     259107529            Fixed Rate                                                          3               JPM
     259107551            Fixed Rate                                                          3               JPM
     259107555            2/28 6 MO LIBOR                                                     3               JPM
     259107559            Fixed Rate                                                          3               JPM
     259107570            Fixed Rate                                                          3               JPM
     259107583            Fixed Rate                                                          3               JPM
     259107614            Fixed Rate                                                          3               JPM
     259107615            2/28 6 MO LIBOR                                                     3               JPM
     259107616            Fixed Rate                                                          3               JPM
     259107680            2/28 6 MO LIBOR                                                     3               JPM
     259107683            Fixed Rate                                                          3               JPM
     259107757            Fixed Rate                                                          3               JPM
     259212447            2/28 6 MO LIBOR                                                     2               JPM
     259212448            Fixed Rate                                                          2               JPM
     259212825            2/28 6 MO LIBOR                                                     2               JPM
     259212936            Fixed Rate                                                          2               JPM
     259213040            Fixed Rate                                                          2               JPM
     259213076            Fixed Rate Balloon                                                  2               JPM
     259213117            2/28 6 MO LIBOR                                                     1               JPM
     259213304            2/28 6 MO LIBOR                                                     3               JPM
     259213314            Fixed Rate                                                          2               JPM
     259213391            Fixed Rate                                                          2               JPM
     259213430            2/28 6 MO LIBOR                                                     1               JPM
     259213515            Fixed Rate                                                          2               JPM
     259213520            Fixed Rate                                                          1               JPM
     259213557            2/28 6 MO LIBOR                                                     1               JPM
     259213633            2/28 6 MO LIBOR                                                     3               JPM
     259213635            2/28 6 MO LIBOR                                                     3               JPM
     259213637            2/28 6 MO LIBOR                                                     1               JPM
     259213667            2/28 6 MO LIBOR                                                     3               JPM
     259213722            2/28 6 MO LIBOR                                                     1               JPM
     259213749            2/28 6 MO LIBOR                                                     3               JPM
     259213792            2/28 6 MO LIBOR                                                     3               JPM
     259213833            2/28 6 MO LIBOR                                                     3               JPM
     259213847            2/28 6 MO LIBOR                                                     3               JPM
     259213849            2/28 6 MO LIBOR                                                     3               JPM
     259214007            2/28 6 MO LIBOR                                                     3               JPM
     259214018            2/28 6 MO LIBOR                                                     3               JPM
     259408543            2/28 6 MO LIBOR                                                     1               JPM
     259408651            2/28 6 MO LIBOR                                                     1               JPM
     259408657            2/28 6 MO LIBOR                                                     1               JPM
     259408664            6 MO LIBOR                                                          1               JPM
     259408804            2/28 6 MO LIBOR                                                     1               JPM
     259408819            2/28 6 MO LIBOR                                                     2               JPM
     259408872            2/28 6 MO LIBOR                                                     2               JPM
     259408876            2/28 6 MO LIBOR                                                     2               JPM
     259408892            2/28 6 MO LIBOR                                                     2               JPM
     259408902            Fixed Rate                                                          2               JPM
     259408906            Fixed Rate                                                          1               JPM
     259408972            2/28 6 MO LIBOR                                                     2               JPM
     259409012            2/28 6 MO LIBOR                                                     2               JPM
     259409074            2/28 6 MO LIBOR                                                     1               JPM
     259409122            Fixed Rate                                                          1               JPM
     259409135            Fixed Rate                                                          1               JPM
     259409155            3/27 6 MO LIBOR                                                     1               JPM
     259409170            Fixed Rate                                                          2               JPM
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     259409249            2/28 6 MO LIBOR                                                     1               JPM
     259409289            2/28 6 MO LIBOR                                                     1               JPM
     259409340            Fixed Rate                                                          1               JPM
     259409362            2/28 6 MO LIBOR                                                     1               JPM
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     259409386            Fixed Rate                                                          1               JPM
     259409437            2/28 6 MO LIBOR                                                     1               JPM
     259409445            2/28 6 MO LIBOR                                                     1               JPM
     259409459            Fixed Rate                                                          1               JPM
     259409554            2/28 6 MO LIBOR                                                     3               JPM
     259409613            3/27 6 MO LIBOR                                                     3               JPM
     259500098            2/28 6 MO LIBOR                                                     3               JPM
     259500110            2/28 6 MO LIBOR                                                     3               JPM
     259500122            2/28 6 MO LIBOR                                                     3               JPM
     259500145            2/28 6 MO LIBOR                                                     3               JPM
     259500161            2/28 6 MO LIBOR                                                     3               JPM
     259500220            2/28 6 MO LIBOR                                                     3               JPM
     259500259            Fixed Rate                                                          3               JPM
     259609675            Fixed Rate                                                          2               JPM
     259609981            2/28 6 MO LIBOR                                                     2               JPM
     259610046            2/28 6 MO LIBOR                                                     1               JPM
     259610152            2/28 6 MO LIBOR                                                     1               JPM
     259610191            2/28 6 MO LIBOR                                                     2               JPM
     259610227            2/28 6 MO LIBOR                                                     1               JPM
     259610330            2/28 6 MO LIBOR                                                     1               JPM
     259610473            Fixed Rate                                                          3               JPM
     259610505            2/28 6 MO LIBOR                                                     3               JPM
     259610514            2/28 6 MO LIBOR                                                     3               JPM
     259610537            2/28 6 MO LIBOR                                                     3               JPM
     259610586            2/28 6 MO LIBOR                                                     3               JPM
     259610631            2/28 6 MO LIBOR                                                     3               JPM
     259610719            2/28 6 MO LIBOR                                                     3               JPM
     259700061            2/28 6 MO LIBOR                                                     2               JPM
     259700066            2/28 6 MO LIBOR                                                     2               JPM
     259700067            2/28 6 MO LIBOR                                                     2               JPM
     259700071            Fixed Rate                                                          2               JPM
     259700073            2/28 6 MO LIBOR                                                     2               JPM
     259700076            Fixed Rate                                                          2               JPM
     259700084            2/28 6 MO LIBOR                                                     2               JPM
     259700086            2/28 6 MO LIBOR                                                     2               JPM
     259700090            2/28 6 MO LIBOR                                                     2               JPM
     259700092            2/28 6 MO LIBOR                                                     2               JPM
     259700093            2/28 6 MO LIBOR                                                     2               JPM
     259700094            2/28 6 MO LIBOR                                                     2               JPM
     259700096            2/28 6 MO LIBOR                                                     2               JPM
     259700098            2/28 6 MO LIBOR                                                     2               JPM
     259900386            Fixed Rate                                                          3               JPM
     259900814            2/28 6 MO LIBOR                                                     3               JPM
     259917041            2/28 6 MO LIBOR                                                     2               JPM
     259917530            3/27 6 MO LIBOR IO                                                  2               JPM
     259917534            2/28 6 MO LIBOR                                                     2               JPM
     259917556            Fixed Rate                                                          2               JPM
     259917562            3/27 6 MO LIBOR                                                     2               JPM
     259917602            2/28 6 MO LIBOR                                                     2               JPM
     259917604            2/28 6 MO LIBOR                                                     2               JPM
     259917617            2/28 6 MO LIBOR                                                     2               JPM
     259917620            2/28 6 MO LIBOR                                                     2               JPM
     259917626            2/28 6 MO LIBOR                                                     2               JPM
     259917628            2/28 6 MO LIBOR                                                     2               JPM
     259917629            2/28 6 MO LIBOR                                                     2               JPM
     259917632            2/28 6 MO LIBOR                                                     2               JPM
     259917634            2/28 6 MO LIBOR                                                     2               JPM
     259917635            2/28 6 MO LIBOR                                                     2               JPM
     259917640            2/28 6 MO LIBOR                                                     2               JPM
     259917649            2/28 6 MO LIBOR                                                     2               JPM
     259917664            Fixed Rate                                                          2               JPM
     259917668            3/27 6 MO LIBOR                                                     2               JPM
     259917680            2/28 6 MO LIBOR                                                     2               JPM
     259917693            2/28 6 MO LIBOR IO                                                  2               JPM
     259917696            2/28 6 MO LIBOR                                                     2               JPM
     259917712            Fixed Rate                                                          2               JPM
     259917720            2/28 6 MO LIBOR                                                     2               JPM
     259917723            2/28 6 MO LIBOR                                                     2               JPM
     259917728            2/28 6 MO LIBOR                                                     2               JPM
     259917734            2/28 6 MO LIBOR                                                     2               JPM
     259917738            2/28 6 MO LIBOR                                                     2               JPM
     259917739            2/28 6 MO LIBOR                                                     2               JPM
     259917741            2/28 6 MO LIBOR                                                     2               JPM
     259917744            2/28 6 MO LIBOR                                                     2               JPM
     259917751            2/28 6 MO LIBOR                                                     2               JPM
     259917784            Fixed Rate                                                          2               JPM
     259917787            2/28 6 MO LIBOR                                                     2               JPM
     259917798            2/28 6 MO LIBOR                                                     2               JPM
     259917802            2/28 6 MO LIBOR                                                     1               JPM
     259917809            3/27 6 MO LIBOR                                                     1               JPM
     259917824            2/28 6 MO LIBOR                                                     1               JPM
     259917826            2/28 6 MO LIBOR                                                     1               JPM
     259917832            2/28 6 MO LIBOR                                                     3               JPM
     259917844            2/28 6 MO LIBOR                                                     3               JPM
     259917847            2/28 6 MO LIBOR                                                     3               JPM
     259917857            2/28 6 MO LIBOR                                                     3               JPM
     259917868            2/28 6 MO LIBOR                                                     3               JPM
     259917874            Fixed Rate                                                          3               JPM
     259917881            2/28 6 MO LIBOR                                                     3               JPM
     259917883            2/28 6 MO LIBOR                                                     3               JPM
     259917887            2/28 6 MO LIBOR                                                     3               JPM
     259917888            2/28 6 MO LIBOR                                                     3               JPM
     259917889            2/28 6 MO LIBOR                                                     3               JPM
     259917893            2/28 6 MO LIBOR                                                     3               JPM
     259917894            2/28 6 MO LIBOR                                                     3               JPM
     259917896            2/28 6 MO LIBOR                                                     3               JPM
     259917901            2/28 6 MO LIBOR                                                     3               JPM
     259917915            2/28 6 MO LIBOR                                                     3               JPM
     259917933            2/28 6 MO LIBOR                                                     3               JPM
     259917953            2/28 6 MO LIBOR                                                     3               JPM
     259917962            2/28 6 MO LIBOR                                                     3               JPM
     259917966            2/28 6 MO LIBOR                                                     3               JPM
     259917974            Fixed Rate Balloon                                                  3               JPM
     259917981            Fixed Rate Balloon                                                  3               JPM
     259918007            Fixed Rate                                                          3               JPM
     259918019            Fixed Rate Balloon                                                  3               JPM
     259918024            2/28 6 MO LIBOR                                                     3               JPM
     259918058            Fixed Rate Balloon                                                  3               JPM
     259918069            Fixed Rate Balloon                                                  3               JPM
     281200190            2/28 6 MO LIBOR                                                     1               JPM
     281200237            Fixed Rate                                                          2               JPM
     281200238            Fixed Rate Balloon                                                  2               JPM
     281200257            Fixed Rate                                                          1               JPM
     281200277            3/27 6 MO LIBOR                                                     1               JPM
     281200289            3/27 6 MO LIBOR                                                     1               JPM
     281200292            2/28 6 MO LIBOR                                                     3               JPM
     281200308            2/28 6 MO LIBOR                                                     3               JPM
     281200319            2/28 6 MO LIBOR                                                     3               JPM
     281200378            2/28 6 MO LIBOR                                                     3               JPM
     281200428            2/28 6 MO LIBOR                                                     3               JPM
     281200549            2/28 6 MO LIBOR                                                     3               JPM
     281300034            2/28 6 MO LIBOR                                                     2               JPM
     281300062            Fixed Rate                                                          2               JPM
     281300077            2/28 6 MO LIBOR                                                     1               JPM
     281300143            2/28 6 MO LIBOR                                                     2               JPM
     281300169            Fixed Rate                                                          2               JPM
     281300200            2/28 6 MO LIBOR                                                     1               JPM
     281300217            Fixed Rate Balloon                                                  2               JPM
     281300227            Fixed Rate Balloon                                                  2               JPM
     281300230            2/28 6 MO LIBOR                                                     1               JPM
     281300268            2/28 6 MO LIBOR                                                     1               JPM
     281300274            2/28 6 MO LIBOR                                                     1               JPM
     281300300            2/28 6 MO LIBOR                                                     1               JPM
     281300305            2/28 6 MO LIBOR                                                     1               JPM
     281300328            Fixed Rate                                                          1               JPM
     281300331            Fixed Rate                                                          3               JPM
     281300380            2/28 6 MO LIBOR                                                     3               JPM
     281300478            2/28 6 MO LIBOR                                                     3               JPM
     281300492            2/28 6 MO LIBOR                                                     3               JPM
     281400081            2/28 6 MO LIBOR                                                     3               JPM
     281400133            2/28 6 MO LIBOR                                                     3               JPM
     281500019            2/28 6 MO LIBOR                                                     1               JPM
     281500027            2/28 6 MO LIBOR                                                     1               JPM
     281500068            2/28 6 MO LIBOR                                                     1               JPM
     281800087            2/28 6 MO LIBOR                                                     2               JPM
     281800176            2/28 6 MO LIBOR                                                     2               JPM
     281800353            2/28 6 MO LIBOR                                                     1               JPM
     281800354            2/28 6 MO LIBOR                                                     1               JPM
     281800367            2/28 6 MO LIBOR                                                     1               JPM
     281800383            Fixed Rate                                                          3               JPM
     281800392            2/28 6 MO LIBOR                                                     3               JPM
     281800401            2/28 6 MO LIBOR                                                     3               JPM
     281800443            2/28 6 MO LIBOR                                                     3               JPM
     281800445            2/28 6 MO LIBOR                                                     3               JPM
     281800580            2/28 6 MO LIBOR                                                     3               JPM
     281900035            2/28 6 MO LIBOR                                                     1               JPM
     281900132            2/28 6 MO LIBOR                                                     2               JPM
     281900200            2/28 6 MO LIBOR                                                     3               JPM
     281900251            2/28 6 MO LIBOR                                                     1               JPM
     281900290            2/28 6 MO LIBOR                                                     1               JPM
     281900361            2/28 6 MO LIBOR                                                     3               JPM
     282600002            Fixed Rate                                                          1               JPM
     282600008            Fixed Rate                                                          2               JPM
     282600023            2/28 6 MO LIBOR                                                     1               JPM
     282600064            2/28 6 MO LIBOR                                                     3               JPM
     282700059            2/28 6 MO LIBOR IO                                                  3               JPM
     282800004            3/27 6 MO LIBOR                                                     2               JPM
     282800009            2/28 6 MO LIBOR                                                     3               JPM
     282800025            2/28 6 MO LIBOR                                                     3               JPM
     283401462            Fixed Rate                                                          2               JPM
     283401724            Fixed Rate                                                          2               JPM
     283401939            Fixed Rate                                                          2               JPM
     283402128            Fixed Rate                                                          2               JPM
     283402140            Fixed Rate                                                          2               JPM
     283402279            2/28 6 MO LIBOR                                                     3               JPM
     283402342            2/28 6 MO LIBOR                                                     1               JPM
     283402367            Fixed Rate                                                          1               JPM
     283402551            2/28 6 MO LIBOR                                                     3               JPM
     283402575            2/28 6 MO LIBOR                                                     3               JPM
     283402661            2/28 6 MO LIBOR                                                     3               JPM
     283600897            2/28 6 MO LIBOR                                                     1               JPM
     283601293            2/28 6 MO LIBOR                                                     1               JPM
     283601348            2/28 6 MO LIBOR                                                     1               JPM
     283601429            Fixed Rate Balloon                                                  2               JPM
     283601518            2/28 6 MO LIBOR                                                     2               JPM
     283601549            2/28 6 MO LIBOR                                                     3               JPM
     283601638            2/28 6 MO LIBOR                                                     3               JPM
     283601745            2/28 6 MO LIBOR                                                     3               JPM
     283601865            2/28 6 MO LIBOR                                                     3               JPM
     283902061            2/28 6 MO LIBOR                                                     2               JPM
     283902084            2/28 6 MO LIBOR                                                     2               JPM
     283902124            2/28 6 MO LIBOR                                                     2               JPM
     283902291            2/28 6 MO LIBOR                                                     2               JPM
     283902466            Fixed Rate                                                          1               JPM
     283902515            2/28 6 MO LIBOR                                                     1               JPM
     283902583            2/28 6 MO LIBOR                                                     1               JPM
     283902609            2/28 6 MO LIBOR                                                     1               JPM
     283902653            2/28 6 MO LIBOR                                                     1               JPM
     283902656            3/27 6 MO LIBOR                                                     3               JPM
     283902670            2/28 6 MO LIBOR                                                     1               JPM
     283902694            2/28 6 MO LIBOR                                                     1               JPM
     283902737            2/28 6 MO LIBOR                                                     1               JPM
     283902746            2/28 6 MO LIBOR                                                     3               JPM
     283902829            2/28 6 MO LIBOR                                                     3               JPM
     284104740            Fixed Rate                                                          2               JPM
     284104897            2/28 6 MO LIBOR                                                     2               JPM
     284105032            2/28 6 MO LIBOR                                                     1               JPM
     284105082            Fixed Rate                                                          3               JPM
     284105086            2/28 6 MO LIBOR                                                     3               JPM
     284105138            2/28 6 MO LIBOR                                                     3               JPM
     284105210            2/28 6 MO LIBOR                                                     3               JPM
     284105257            2/28 6 MO LIBOR                                                     3               JPM
     284105265            2/28 6 MO LIBOR                                                     3               JPM
     284105321            Fixed Rate                                                          3               JPM
     284205609            2/28 6 MO LIBOR                                                     1               JPM
     284205709            2/28 6 MO LIBOR                                                     2               JPM
     284205860            2/28 6 MO LIBOR                                                     1               JPM
     284206030            2/28 6 MO LIBOR                                                     1               JPM
     284206036            2/28 6 MO LIBOR                                                     2               JPM
     284206066            2/28 6 MO LIBOR                                                     2               JPM
     284206090            Fixed Rate                                                          2               JPM
     284206279            Fixed Rate Balloon                                                  2               JPM
     284206286            2/28 6 MO LIBOR                                                     3               JPM
     284206305            2/28 6 MO LIBOR                                                     3               JPM
     284206339            2/28 6 MO LIBOR                                                     3               JPM
     284206364            2/28 6 MO LIBOR                                                     3               JPM
     284206455            2/28 6 MO LIBOR                                                     3               JPM
     284305934            2/28 6 MO LIBOR                                                     1               JPM
     284306009            Fixed Rate                                                          2               JPM
     284306136            Fixed Rate                                                          2               JPM
     284306139            2/28 6 MO LIBOR                                                     2               JPM
     284306219            2/28 6 MO LIBOR                                                     1               JPM
     284306235            Fixed Rate                                                          2               JPM
     284306292            Fixed Rate                                                          2               JPM
     284306373            2/28 6 MO LIBOR                                                     2               JPM
     284306407            2/28 6 MO LIBOR                                                     2               JPM
     284306544            Fixed Rate                                                          2               JPM
     284306607            2/28 6 MO LIBOR                                                     2               JPM
     284306642            2/28 6 MO LIBOR                                                     1               JPM
     284306735            2/28 6 MO LIBOR                                                     1               JPM
     284306818            2/28 6 MO LIBOR                                                     3               JPM
     284306829            Fixed Rate                                                          1               JPM
     284306909            2/28 6 MO LIBOR                                                     3               JPM
     284306964            2/28 6 MO LIBOR                                                     3               JPM
     284307036            2/28 6 MO LIBOR                                                     3               JPM
     284307097            2/28 6 MO LIBOR                                                     3               JPM
     284406476            2/28 6 MO LIBOR                                                     1               JPM
     284406520            Fixed Rate                                                          2               JPM
     284406789            2/28 6 MO LIBOR                                                     2               JPM
     284407070            2/28 6 MO LIBOR                                                     1               JPM
     284407093            2/28 6 MO LIBOR                                                     1               JPM
     284407360            2/28 6 MO LIBOR                                                     1               JPM
     284407600            Fixed Rate                                                          3               JPM
     284506491            Fixed Rate Balloon                                                  2               JPM
     284506589            2/28 6 MO LIBOR                                                     1               JPM
     284506665            2/28 6 MO LIBOR                                                     1               JPM
     284506685            6 MO LIBOR                                                          1               JPM
     284506764            6 MO LIBOR                                                          1               JPM
     284506771            2/28 6 MO LIBOR                                                     1               JPM
     284506774            2/28 6 MO LIBOR                                                     1               JPM
     284506828            3/27 6 MO LIBOR                                                     1               JPM
     284506835            Fixed Rate Balloon                                                  2               JPM
     284506853            2/28 6 MO LIBOR                                                     1               JPM
     284602622            2/28 6 MO LIBOR                                                     2               JPM
     284602630            2/28 6 MO LIBOR                                                     2               JPM
     284602731            2/28 6 MO LIBOR                                                     1               JPM
     284602742            2/28 6 MO LIBOR                                                     1               JPM
     284602744            2/28 6 MO LIBOR                                                     3               JPM
     284602902            2/28 6 MO LIBOR IO                                                  3               JPM
     284602920            2/28 6 MO LIBOR                                                     1               JPM
     284602954            Fixed Rate                                                          3               JPM
     284704809            Fixed Rate                                                          2               JPM
     284705215            Fixed Rate                                                          2               JPM
     284705736            2/28 6 MO LIBOR                                                     1               JPM
     284705767            Fixed Rate                                                          2               JPM
     284705823            2/28 6 MO LIBOR                                                     1               JPM
     284705909            2/28 6 MO LIBOR                                                     2               JPM
     284705918            2/28 6 MO LIBOR                                                     2               JPM
     284706042            Fixed Rate                                                          2               JPM
     284706080            2/28 6 MO LIBOR                                                     2               JPM
     284706112            2/28 6 MO LIBOR                                                     1               JPM
     284706153            Fixed Rate                                                          2               JPM
     284706187            2/28 6 MO LIBOR                                                     2               JPM
     284706197            2/28 6 MO LIBOR                                                     1               JPM
     284706205            2/28 6 MO LIBOR                                                     1               JPM
     284706250            Fixed Rate                                                          2               JPM
     284706289            2/28 6 MO LIBOR                                                     1               JPM
     284706293            2/28 6 MO LIBOR                                                     1               JPM
     284706322            2/28 6 MO LIBOR                                                     3               JPM
     284706434            2/28 6 MO LIBOR                                                     3               JPM
     284706552            2/28 6 MO LIBOR                                                     3               JPM
     284806125            Fixed Rate                                                          2               JPM
     284806154            2/28 6 MO LIBOR                                                     2               JPM
     284806221            2/28 6 MO LIBOR                                                     2               JPM
     284806245            2/28 6 MO LIBOR                                                     1               JPM
     284806313            Fixed Rate                                                          2               JPM
     284806543            Fixed Rate                                                          2               JPM
     284806565            2/28 6 MO LIBOR                                                     1               JPM
     284806578            2/28 6 MO LIBOR                                                     1               JPM
     284806624            2/28 6 MO LIBOR                                                     1               JPM
     284806635            2/28 6 MO LIBOR                                                     1               JPM
     284904952            2/28 6 MO LIBOR                                                     2               JPM
     284905181            Fixed Rate                                                          2               JPM
     284905276            2/28 6 MO LIBOR                                                     2               JPM
     284905288            Fixed Rate                                                          2               JPM
     284905353            Fixed Rate                                                          2               JPM
     284905364            Fixed Rate                                                          2               JPM
     284905394            2/28 6 MO LIBOR                                                     1               JPM
     284905468            Fixed Rate                                                          2               JPM
     284905507            Fixed Rate                                                          2               JPM
     284905623            2/28 6 MO LIBOR                                                     1               JPM
     284905673            2/28 6 MO LIBOR                                                     2               JPM
     284905724            Fixed Rate                                                          1               JPM
     284905742            2/28 6 MO LIBOR                                                     1               JPM
     284905873            2/28 6 MO LIBOR                                                     1               JPM
     284905893            2/28 6 MO LIBOR                                                     1               JPM
     284905909            2/28 6 MO LIBOR                                                     3               JPM
     284905963            2/28 6 MO LIBOR                                                     1               JPM
     284905982            2/28 6 MO LIBOR                                                     3               JPM
     284906001            2/28 6 MO LIBOR                                                     3               JPM
     284906014            2/28 6 MO LIBOR                                                     1               JPM
     285003265            2/28 6 MO LIBOR                                                     1               JPM
     285003307            Fixed Rate                                                          2               JPM
     285003516            2/28 6 MO LIBOR                                                     2               JPM
     285003621            Fixed Rate                                                          2               JPM
     285003650            Fixed Rate                                                          2               JPM
     285003766            Fixed Rate                                                          2               JPM
     285003926            2/28 6 MO LIBOR                                                     3               JPM
     285004030            2/28 6 MO LIBOR                                                     1               JPM
     285004040            2/28 6 MO LIBOR                                                     1               JPM
     285004048            2/28 6 MO LIBOR                                                     1               JPM
     285004073            2/28 6 MO LIBOR                                                     1               JPM
     285004115            2/28 6 MO LIBOR                                                     1               JPM
     285004143            2/28 6 MO LIBOR                                                     3               JPM
     285004148            2/28 6 MO LIBOR                                                     3               JPM
     285103893            3/27 6 MO LIBOR                                                     1               JPM
     285103951            2/28 6 MO LIBOR                                                     1               JPM
     285104265            2/28 6 MO LIBOR                                                     1               JPM
     285104449            2/28 6 MO LIBOR                                                     1               JPM
     285104457            2/28 6 MO LIBOR                                                     1               JPM
     285104458            3/27 6 MO LIBOR                                                     3               JPM
     285104481            2/28 6 MO LIBOR                                                     1               JPM
     285104658            2/28 6 MO LIBOR                                                     3               JPM
     285203028            2/28 6 MO LIBOR                                                     2               JPM
     285203197            2/28 6 MO LIBOR                                                     2               JPM
     285203342            2/28 6 MO LIBOR                                                     2               JPM
     285203440            2/28 6 MO LIBOR                                                     2               JPM
     285203455            Fixed Rate                                                          2               JPM
     285203683            2/28 6 MO LIBOR                                                     1               JPM
     285203685            2/28 6 MO LIBOR                                                     3               JPM
     285203689            2/28 6 MO LIBOR                                                     1               JPM
     285203737            2/28 6 MO LIBOR                                                     3               JPM
     285203783            2/28 6 MO LIBOR                                                     1               JPM
     285203813            2/28 6 MO LIBOR                                                     3               JPM
     285203830            2/28 6 MO LIBOR                                                     1               JPM
     285203902            2/28 6 MO LIBOR                                                     3               JPM
     285302635            2/28 6 MO LIBOR                                                     1               JPM
     285302726            2/28 6 MO LIBOR                                                     2               JPM
     285302773            2/28 6 MO LIBOR                                                     2               JPM
     285302829            Fixed Rate Balloon                                                  2               JPM
     285302833            Fixed Rate Balloon                                                  2               JPM
     285302940            2/28 6 MO LIBOR                                                     2               JPM
     285302956            2/28 6 MO LIBOR                                                     1               JPM
     285303183            2/28 6 MO LIBOR                                                     1               JPM
     285303203            2/28 6 MO LIBOR                                                     3               JPM
     285303207            2/28 6 MO LIBOR                                                     3               JPM
     285303271            2/28 6 MO LIBOR                                                     3               JPM
     285401621            Fixed Rate                                                          2               JPM
     285402029            2/28 6 MO LIBOR                                                     2               JPM
     285402055            2/28 6 MO LIBOR                                                     1               JPM
     285402145            2/28 6 MO LIBOR                                                     1               JPM
     285402192            Fixed Rate Balloon                                                  2               JPM
     285402359            2/28 6 MO LIBOR                                                     2               JPM
     285402387            2/28 6 MO LIBOR                                                     2               JPM
     285402453            2/28 6 MO LIBOR                                                     1               JPM
     285402507            2/28 6 MO LIBOR                                                     3               JPM
     285402516            Fixed Rate                                                          2               JPM
     285402541            2/28 6 MO LIBOR                                                     2               JPM
     285402557            2/28 6 MO LIBOR                                                     1               JPM
     285402631            Fixed Rate                                                          2               JPM
     285402687            2/28 6 MO LIBOR                                                     3               JPM
     285402712            Fixed Rate Balloon                                                  2               JPM
     285402810            2/28 6 MO LIBOR                                                     1               JPM
     285402934            2/28 6 MO LIBOR                                                     3               JPM
     285402964            2/28 6 MO LIBOR                                                     1               JPM
     285703119            Fixed Rate                                                          2               JPM
     285703530            Fixed Rate                                                          2               JPM
     285703563            Fixed Rate                                                          1               JPM
     285703766            2/28 6 MO LIBOR                                                     3               JPM
     285703853            2/28 6 MO LIBOR                                                     3               JPM
     285703952            2/28 6 MO LIBOR                                                     3               JPM
     285703968            Fixed Rate                                                          3               JPM
     285800784            Fixed Rate                                                          2               JPM
     285900867            2/28 6 MO LIBOR                                                     1               JPM
     285901043            2/28 6 MO LIBOR                                                     2               JPM
     285901127            2/28 6 MO LIBOR                                                     2               JPM
     285901181            Fixed Rate                                                          2               JPM
     285901192            2/28 6 MO LIBOR                                                     1               JPM
     285901263            2/28 6 MO LIBOR                                                     1               JPM
     285901276            2/28 6 MO LIBOR                                                     3               JPM
     285901324            2/28 6 MO LIBOR                                                     1               JPM
     285901333            2/28 6 MO LIBOR                                                     1               JPM
     285901347            2/28 6 MO LIBOR                                                     1               JPM
     285901358            2/28 6 MO LIBOR                                                     3               JPM
     285901410            2/28 6 MO LIBOR                                                     3               JPM
     285901425            2/28 6 MO LIBOR                                                     3               JPM
     285901426            3/27 6 MO LIBOR                                                     3               JPM
     286001212            2/28 6 MO LIBOR                                                     2               JPM
     286001282            2/28 6 MO LIBOR                                                     2               JPM
     286001418            2/28 6 MO LIBOR                                                     2               JPM
     286001419            2/28 6 MO LIBOR                                                     2               JPM
     286001479            2/28 6 MO LIBOR                                                     2               JPM
     286001666            2/28 6 MO LIBOR                                                     1               JPM
     286001708            2/28 6 MO LIBOR                                                     1               JPM
     286001732            2/28 6 MO LIBOR                                                     1               JPM
     286001754            2/28 6 MO LIBOR                                                     1               JPM
     286001762            2/28 6 MO LIBOR                                                     1               JPM
     286001770            2/28 6 MO LIBOR                                                     3               JPM
     286001793            2/28 6 MO LIBOR                                                     3               JPM
     286001794            2/28 6 MO LIBOR                                                     1               JPM
     286001864            2/28 6 MO LIBOR                                                     3               JPM
     286001875            3/27 6 MO LIBOR                                                     3               JPM
     286002057            2/28 6 MO LIBOR                                                     3               JPM
     286101284            2/28 6 MO LIBOR                                                     2               JPM
     286101365            2/28 6 MO LIBOR                                                     2               JPM
     286102093            5/25 1 YR LIBOR                                                     3               JPM
     286400004            2/28 6 MO LIBOR                                                     2               JPM
     286400016            2/28 6 MO LIBOR                                                     3               JPM
     286400022            2/28 6 MO LIBOR IO                                                  3               JPM
     286400032            2/28 6 MO LIBOR IO                                                  3               JPM
     286400034            2/28 6 MO LIBOR                                                     3               JPM
     286400039            2/28 6 MO LIBOR IO                                                  3               JPM
     286400058            Fixed Rate                                                          3               JPM
     286400062            2/28 6 MO LIBOR                                                     3               JPM
     286400067            Fixed Rate Balloon                                                  3               JPM
     286400069            Fixed Rate                                                          3               JPM
     286600001            2/28 6 MO LIBOR                                                     2               JPM
     286600005            2/28 6 MO LIBOR IO                                                  2               JPM
     286600008            2/28 6 MO LIBOR IO                                                  2               JPM
     286600012            2/28 6 MO LIBOR IO                                                  2               JPM
     286600015            Fixed Rate                                                          2               JPM
     286600017            2/28 6 MO LIBOR IO                                                  2               JPM
     286600020            2/28 6 MO LIBOR                                                     2               JPM
     286600025            3/27 6 MO LIBOR                                                     2               JPM
     286600026            Fixed Rate                                                          2               JPM
     286600027            2/28 6 MO LIBOR                                                     2               JPM
     286600030            2/28 6 MO LIBOR IO                                                  2               JPM
     286600039            2/28 6 MO LIBOR IO                                                  2               JPM
     286600040            Fixed Rate                                                          2               JPM
     286600041            2/28 6 MO LIBOR                                                     2               JPM
     286600043            Fixed Rate Balloon                                                  2               JPM
     286600047            Fixed Rate                                                          2               JPM
     286600048            Fixed Rate                                                          2               JPM
     286600056            Fixed Rate Balloon                                                  2               JPM
     286600057            Fixed Rate                                                          2               JPM
     286600065            Fixed Rate                                                          2               JPM
     286600067            3/27 6 MO LIBOR IO                                                  2               JPM
     286600070            2/28 6 MO LIBOR IO                                                  2               JPM
     286600072            2/28 6 MO LIBOR IO                                                  2               JPM
     286600073            2/28 6 MO LIBOR                                                     2               JPM
     286600075            2/28 6 MO LIBOR                                                     2               JPM
     286600076            3/27 6 MO LIBOR IO                                                  2               JPM
     286600079            3/27 6 MO LIBOR IO                                                  2               JPM
     286600085            3/27 6 MO LIBOR                                                     2               JPM
     286600089            3/27 6 MO LIBOR IO                                                  2               JPM
     286600093            Fixed Rate                                                          2               JPM
     286600094            Fixed Rate                                                          2               JPM
     286600098            Fixed Rate                                                          2               JPM
     286600100            3/27 6 MO LIBOR IO                                                  1               JPM
     286600101            2/28 6 MO LIBOR                                                     1               JPM
     286600103            2/28 6 MO LIBOR                                                     2               JPM
     286600109            3/27 6 MO LIBOR IO                                                  3               JPM
     286600117            2/28 6 MO LIBOR IO                                                  3               JPM
     286600126            2/28 6 MO LIBOR                                                     3               JPM
     286600131            2/28 6 MO LIBOR                                                     3               JPM
     286600133            3/27 6 MO LIBOR IO                                                  3               JPM
     286600140            2/28 6 MO LIBOR IO                                                  3               JPM
     286600145            2/28 6 MO LIBOR IO                                                  3               JPM
     286600147            2/28 6 MO LIBOR IO                                                  3               JPM
     286600152            3/27 6 MO LIBOR IO                                                  3               JPM
     286600154            Fixed Rate                                                          3               JPM
     286600159            3/27 6 MO LIBOR IO                                                  3               JPM
     286600164            2/28 6 MO LIBOR IO                                                  3               JPM
     286600166            2/28 6 MO LIBOR                                                     3               JPM
     286600168            2/28 6 MO LIBOR                                                     3               JPM
     286600173            2/28 6 MO LIBOR IO                                                  3               JPM
     286600174            3/27 6 MO LIBOR                                                     3               JPM
     286600176            2/28 6 MO LIBOR                                                     3               JPM
     286600179            2/28 6 MO LIBOR IO                                                  3               JPM
     286600180            2/28 6 MO LIBOR                                                     3               JPM
     286600184            Fixed Rate                                                          3               JPM
     286600185            Fixed Rate                                                          3               JPM
     286600188            2/28 6 MO LIBOR                                                     3               JPM
     286600233            3/27 6 MO LIBOR                                                     3               JPM
     286600239            3/27 6 MO LIBOR                                                     3               JPM
     286600244            Fixed Rate                                                          3               JPM
     286600248            Fixed Rate                                                          3               JPM
     286600252            3/27 6 MO LIBOR                                                     3               JPM
     286600254            Fixed Rate                                                          3               JPM
     286600260            Fixed Rate Balloon                                                  3               JPM
     286700019            3/27 6 MO LIBOR                                                     3               JPM
     286700035            2/28 6 MO LIBOR                                                     1               JPM
     286700062            2/28 6 MO LIBOR                                                     1               JPM
     286700137            3/27 6 MO LIBOR                                                     1               JPM
     286700154            3/27 6 MO LIBOR                                                     3               JPM
     286700162            Fixed Rate                                                          1               JPM
     286700190            2/28 6 MO LIBOR                                                     3               JPM
     286700271            2/28 6 MO LIBOR                                                     3               JPM
     286902648            2/28 6 MO LIBOR                                                     1               JPM
     286902733            2/28 6 MO LIBOR                                                     1               JPM
     286902788            2/28 6 MO LIBOR                                                     2               JPM
     286902833            2/28 6 MO LIBOR                                                     1               JPM
     286902850            Fixed Rate                                                          2               JPM
     286902889            Fixed Rate                                                          2               JPM
     286902926            2/28 6 MO LIBOR                                                     2               JPM
     286902959            Fixed Rate                                                          2               JPM
     286902979            2/28 6 MO LIBOR                                                     1               JPM
     286903022            Fixed Rate                                                          2               JPM
     286903128            2/28 6 MO LIBOR                                                     1               JPM
     286903133            2/28 6 MO LIBOR                                                     2               JPM
     286903152            2/28 6 MO LIBOR                                                     1               JPM
     286903198            2/28 6 MO LIBOR                                                     1               JPM
     286903219            2/28 6 MO LIBOR                                                     1               JPM
     286903223            2/28 6 MO LIBOR                                                     1               JPM
     286903236            Fixed Rate                                                          1               JPM
     286903272            2/28 6 MO LIBOR                                                     3               JPM
     286903282            2/28 6 MO LIBOR                                                     1               JPM
     286903313            Fixed Rate                                                          1               JPM
     286903314            Fixed Rate                                                          1               JPM
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     286903332            2/28 6 MO LIBOR                                                     1               JPM
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     286903419            2/28 6 MO LIBOR                                                     1               JPM
     286903427            2/28 6 MO LIBOR                                                     3               JPM
     286903442            2/28 6 MO LIBOR                                                     1               JPM
     286903481            3/27 6 MO LIBOR                                                     3               JPM
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     286903597            2/28 6 MO LIBOR                                                     3               JPM
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     287200652            2/28 6 MO LIBOR                                                     2               JPM
     287200669            2/28 6 MO LIBOR IO                                                  2               JPM
     287200674            2/28 6 MO LIBOR                                                     2               JPM
     287200685            6 MO LIBOR                                                          2               JPM
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     287200704            2/28 6 MO LIBOR                                                     2               JPM
     287200710            2/28 6 MO LIBOR                                                     3               JPM
     287200749            2/28 6 MO LIBOR                                                     3               JPM
     287200754            2/28 6 MO LIBOR                                                     3               JPM
     287200771            2/28 6 MO LIBOR                                                     3               JPM
     287200792            2/28 6 MO LIBOR                                                     3               JPM
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     287301104            3/27 6 MO LIBOR                                                     2               JPM
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     287301194            2/28 6 MO LIBOR                                                     3               JPM
     287301202            2/28 6 MO LIBOR IO                                                  2               JPM
     287301214            2/28 6 MO LIBOR IO                                                  2               JPM
     287301216            3/27 6 MO LIBOR IO                                                  2               JPM
     287301233            3/27 6 MO LIBOR                                                     2               JPM
     287301234            3/27 6 MO LIBOR                                                     2               JPM
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     287301340            2/28 6 MO LIBOR IO                                                  3               JPM
     287301342            2/28 6 MO LIBOR IO                                                  3               JPM
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     287500873            3/27 6 MO LIBOR                                                     2               JPM
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     287500903            3/27 6 MO LIBOR                                                     2               JPM
     287500904            2/28 6 MO LIBOR                                                     2               JPM
     287500911            3/27 6 MO LIBOR                                                     2               JPM
     287500921            3/27 6 MO LIBOR                                                     2               JPM
     287500923            3/27 6 MO LIBOR                                                     2               JPM
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     287501016            2/28 6 MO LIBOR                                                     2               JPM
     287501018            3/27 6 MO LIBOR                                                     2               JPM
     287501027            3/27 6 MO LIBOR                                                     2               JPM
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     287501070            3/27 6 MO LIBOR                                                     2               JPM
     287501073            3/27 6 MO LIBOR                                                     3               JPM
     287501075            3/27 6 MO LIBOR                                                     2               JPM
     287501083            2/28 6 MO LIBOR                                                     1               JPM
     287501108            Fixed Rate                                                          3               JPM
     287501109            3/27 6 MO LIBOR                                                     1               JPM
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     287501128            3/27 6 MO LIBOR                                                     3               JPM
     287501138            3/27 6 MO LIBOR                                                     3               JPM
     287501160            3/27 6 MO LIBOR IO                                                  3               JPM
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     287501273            3/27 6 MO LIBOR                                                     3               JPM
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     287501321            3/27 6 MO LIBOR                                                     3               JPM
     287600879            3/27 6 MO LIBOR                                                     1               JPM
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     287601064            3/27 6 MO LIBOR                                                     2               JPM
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     287601134            3/27 6 MO LIBOR                                                     2               JPM
     287601150            2/28 6 MO LIBOR                                                     2               JPM
     287601161            2/28 6 MO LIBOR                                                     2               JPM
     287601178            3/27 6 MO LIBOR                                                     2               JPM
     287601197            3/27 6 MO LIBOR                                                     2               JPM
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     287601229            2/28 6 MO LIBOR                                                     3               JPM
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     287601270            3/27 6 MO LIBOR                                                     3               JPM
     287601282            3/27 6 MO LIBOR                                                     3               JPM
     287601290            3/27 6 MO LIBOR                                                     3               JPM
     287601314            2/28 6 MO LIBOR                                                     3               JPM
     287601321            3/27 6 MO LIBOR                                                     3               JPM
     287601334            2/28 6 MO LIBOR                                                     3               JPM
     287601348            2/28 6 MO LIBOR                                                     3               JPM
     287601377            3/27 6 MO LIBOR                                                     3               JPM
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     287700487            2/28 6 MO LIBOR                                                     2               JPM
     287700545            3/27 6 MO LIBOR                                                     2               JPM
     287700580            3/27 6 MO LIBOR                                                     3               JPM
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     287700596            3/27 6 MO LIBOR                                                     2               JPM
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     287700614            2/28 6 MO LIBOR                                                     2               JPM
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     287700691            3/27 6 MO LIBOR                                                     2               JPM
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     287700737            3/27 6 MO LIBOR                                                     1               JPM
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     287700754            3/27 6 MO LIBOR                                                     3               JPM
     287700772            3/27 6 MO LIBOR                                                     1               JPM
     287700781            3/27 6 MO LIBOR                                                     3               JPM
     287700819            3/27 6 MO LIBOR                                                     3               JPM
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     287700827            3/27 6 MO LIBOR                                                     3               JPM
     287700831            2/28 6 MO LIBOR                                                     3               JPM
     287700836            3/27 6 MO LIBOR                                                     3               JPM
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     287700896            3/27 6 MO LIBOR                                                     3               JPM
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     287800243            2/28 6 MO LIBOR                                                     1               JPM
     287800245            2/28 6 MO LIBOR                                                     2               JPM
     287800264            2/28 6 MO LIBOR                                                     3               JPM
     287800298            2/28 6 MO LIBOR                                                     3               JPM
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     287800310            2/28 6 MO LIBOR                                                     3               JPM
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     288002936            2/28 6 MO LIBOR                                                     1               JPM
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     288003377            2/28 6 MO LIBOR                                                     1               JPM
     288003437            Fixed Rate Balloon                                                  2               JPM
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     288003530            2/28 6 MO LIBOR                                                     2               JPM
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     288003561            2/28 6 MO LIBOR                                                     2               JPM
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     288003692            2/28 6 MO LIBOR                                                     1               JPM
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     288003862            2/28 6 MO LIBOR                                                     3               JPM
     288003882            2/28 6 MO LIBOR                                                     3               JPM
     288003974            2/28 6 MO LIBOR                                                     3               JPM
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     288104326            2/28 6 MO LIBOR                                                     3               JPM
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     288104425            2/28 6 MO LIBOR                                                     3               JPM
     288104607            3/27 6 MO LIBOR                                                     3               JPM
     288104736            2/28 6 MO LIBOR                                                     3               JPM
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     288201657            2/28 6 MO LIBOR                                                     1               JPM
     288201697            2/28 6 MO LIBOR                                                     1               JPM
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     288201809            2/28 6 MO LIBOR                                                     2               JPM
     288201904            2/28 6 MO LIBOR                                                     1               JPM
     288201920            2/28 6 MO LIBOR                                                     1               JPM
     288201953            2/28 6 MO LIBOR                                                     1               JPM
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     288202013            2/28 6 MO LIBOR                                                     1               JPM
     288202085            2/28 6 MO LIBOR                                                     3               JPM
     288301955            2/28 6 MO LIBOR                                                     1               JPM
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     288303150            2/28 6 MO LIBOR                                                     1               JPM
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     288503311            2/28 6 MO LIBOR                                                     1               JPM
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     288503719            2/28 6 MO LIBOR                                                     1               JPM
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     288503838            3/27 6 MO LIBOR                                                     1               JPM
     288503855            2/28 6 MO LIBOR                                                     3               JPM
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     288504201            2/28 6 MO LIBOR                                                     3               JPM
     288504314            2/28 6 MO LIBOR                                                     3               JPM
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     288601519            2/28 6 MO LIBOR                                                     1               JPM
     288601974            2/28 6 MO LIBOR                                                     2               JPM
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     288602583            2/28 6 MO LIBOR                                                     3               JPM
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     288602790            3/27 6 MO LIBOR                                                     3               JPM
     288701481            2/28 6 MO LIBOR                                                     2               JPM
     288701773            2/28 6 MO LIBOR                                                     2               JPM
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     288701869            2/28 6 MO LIBOR                                                     2               JPM
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     288701989            2/28 6 MO LIBOR                                                     1               JPM
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     288702022            2/28 6 MO LIBOR                                                     1               JPM
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     288702076            2/28 6 MO LIBOR                                                     3               JPM
     288702108            2/28 6 MO LIBOR                                                     3               JPM
     288702197            2/28 6 MO LIBOR                                                     3               JPM
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     288802024            2/28 6 MO LIBOR                                                     2               JPM
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     288802293            2/28 6 MO LIBOR                                                     3               JPM
     288802337            2/28 6 MO LIBOR                                                     3               JPM
     288802352            2/28 6 MO LIBOR                                                     1               JPM
     288802354            2/28 6 MO LIBOR                                                     1               JPM
     288802387            2/28 6 MO LIBOR                                                     1               JPM
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     288802436            2/28 6 MO LIBOR                                                     3               JPM
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     288802521            2/28 6 MO LIBOR                                                     3               JPM
     288802532            2/28 6 MO LIBOR                                                     3               JPM
     288901315            2/28 6 MO LIBOR                                                     1               JPM
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     289001405            2/28 6 MO LIBOR                                                     1               JPM
     289001463            2/28 6 MO LIBOR                                                     1               JPM
     289001562            2/28 6 MO LIBOR                                                     3               JPM
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     289102552            6 MO LIBOR                                                          3               JPM
     289103158            2/28 6 MO LIBOR                                                     1               JPM
     289103169            2/28 6 MO LIBOR                                                     1               JPM
     289103204            2/28 6 MO LIBOR                                                     1               JPM
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     289103284            2/28 6 MO LIBOR                                                     3               JPM
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     289202673            2/28 6 MO LIBOR                                                     1               JPM
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     289203005            2/28 6 MO LIBOR                                                     2               JPM
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     289203142            2/28 6 MO LIBOR                                                     1               JPM
     289203150            2/28 6 MO LIBOR                                                     1               JPM
     289203167            2/28 6 MO LIBOR                                                     1               JPM
     289203181            2/28 6 MO LIBOR                                                     1               JPM
     289203186            2/28 6 MO LIBOR                                                     1               JPM
     289203204            2/28 6 MO LIBOR                                                     1               JPM
     289203222            2/28 6 MO LIBOR                                                     3               JPM
     289203437            2/28 6 MO LIBOR                                                     3               JPM
     289203487            2/28 6 MO LIBOR                                                     3               JPM
     289301511            2/28 6 MO LIBOR                                                     1               JPM
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     289301899            2/28 6 MO LIBOR                                                     1               JPM
     289301918            2/28 6 MO LIBOR                                                     2               JPM
     289301946            2/28 6 MO LIBOR                                                     1               JPM
     289302097            2/28 6 MO LIBOR                                                     3               JPM
     289302133            2/28 6 MO LIBOR                                                     1               JPM
     289302287            2/28 6 MO LIBOR                                                     3               JPM
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     289401389            2/28 6 MO LIBOR                                                     1               JPM
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     289401468            2/28 6 MO LIBOR                                                     1               JPM
     289401545            2/28 6 MO LIBOR                                                     2               JPM
     289401567            2/28 6 MO LIBOR                                                     2               JPM
     289401929            2/28 6 MO LIBOR                                                     2               JPM
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     289402013            2/28 6 MO LIBOR                                                     1               JPM
     289402161            2/28 6 MO LIBOR                                                     3               JPM
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     289402345            2/28 6 MO LIBOR                                                     3               JPM
     289402478            3/27 6 MO LIBOR                                                     3               JPM
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     289500274            2/28 6 MO LIBOR                                                     2               JPM
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     289500278            3/27 6 MO LIBOR                                                     3               JPM
     289500284            2/28 6 MO LIBOR                                                     2               JPM
     289500297            3/27 6 MO LIBOR                                                     2               JPM
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     289500307            3/27 6 MO LIBOR                                                     2               JPM
     289500315            2/28 6 MO LIBOR                                                     2               JPM
     289500339            2/28 6 MO LIBOR                                                     2               JPM
     289500340            2/28 6 MO LIBOR                                                     2               JPM
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     289500400            2/28 6 MO LIBOR                                                     3               JPM
     289500401            3/27 6 MO LIBOR                                                     1               JPM
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     289500413            2/28 6 MO LIBOR                                                     3               JPM
     289500425            3/27 6 MO LIBOR                                                     3               JPM
     289500434            3/27 6 MO LIBOR                                                     3               JPM
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     289600248            2/28 6 MO LIBOR                                                     2               JPM
     289600302            2/28 6 MO LIBOR IO                                                  2               JPM
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     289600420            2/28 6 MO LIBOR                                                     3               JPM
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     289600485            2/28 6 MO LIBOR                                                     2               JPM
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     289600567            2/28 6 MO LIBOR                                                     3               JPM
     289600591            2/28 6 MO LIBOR                                                     3               JPM
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     289801683            2/28 6 MO LIBOR                                                     2               JPM
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     289802253            2/28 6 MO LIBOR                                                     3               JPM
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     289901266            2/28 6 MO LIBOR                                                     2               JPM
     289901306            2/28 6 MO LIBOR                                                     2               JPM
     289901324            2/28 6 MO LIBOR                                                     2               JPM
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     289901710            2/28 6 MO LIBOR                                                     2               JPM
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     289901879            2/28 6 MO LIBOR                                                     1               JPM
     289901904            2/28 6 MO LIBOR                                                     1               JPM
     289901920            2/28 6 MO LIBOR                                                     1               JPM
     289902040            2/28 6 MO LIBOR                                                     3               JPM
     289902055            2/28 6 MO LIBOR                                                     3               JPM
     289902188            2/28 6 MO LIBOR                                                     3               JPM
     290000005            2/28 6 MO LIBOR                                                     1               JPM
     290000064            2/28 6 MO LIBOR                                                     1               JPM
     290000095            2/28 6 MO LIBOR                                                     3               JPM
     290200743            Fixed Rate                                                          1               JPM
     290200828            2/28 6 MO LIBOR                                                     2               JPM
     290200878            2/28 6 MO LIBOR                                                     2               JPM
     290201420            2/28 6 MO LIBOR                                                     3               JPM
     290201448            2/28 6 MO LIBOR                                                     3               JPM
     290300076            2/28 6 MO LIBOR                                                     2               JPM
     290300109            2/28 6 MO LIBOR                                                     2               JPM
     290300275            2/28 6 MO LIBOR                                                     2               JPM
     290300517            2/28 6 MO LIBOR                                                     2               JPM
     290300548            2/28 6 MO LIBOR                                                     2               JPM
     290300549            Fixed Rate                                                          2               JPM
     290300592            2/28 6 MO LIBOR                                                     2               JPM
     290300634            Fixed Rate                                                          2               JPM
     290300746            2/28 6 MO LIBOR                                                     1               JPM
     290300758            2/28 6 MO LIBOR                                                     1               JPM
     290300927            Fixed Rate                                                          1               JPM
     290301015            2/28 6 MO LIBOR                                                     1               JPM
     290301108            2/28 6 MO LIBOR                                                     2               JPM
     290301381            2/28 6 MO LIBOR                                                     3               JPM
     290301407            Fixed Rate                                                          3               JPM
     290301559            2/28 6 MO LIBOR                                                     3               JPM
     290400004            Fixed Rate Balloon                                                  2               JPM
     290400011            2/28 6 MO LIBOR                                                     1               JPM
     290400259            2/28 6 MO LIBOR                                                     1               JPM
     290400615            Fixed Rate                                                          3               JPM
     290500025            3/27 6 MO LIBOR                                                     1               JPM
     290500029            2/28 6 MO LIBOR                                                     1               JPM
     290500569            2/28 6 MO LIBOR                                                     3               JPM
     290600077            2/28 6 MO LIBOR                                                     1               JPM
     290600154            Fixed Rate                                                          3               JPM
     290800024            Fixed Rate                                                          3               JPM
     290900066            2/28 6 MO LIBOR                                                     3               JPM
     291000024            2/28 6 MO LIBOR                                                     1               JPM
     291000084            6 MO LIBOR                                                          1               JPM
     291000114            2/28 6 MO LIBOR                                                     1               JPM
     291000136            2/28 6 MO LIBOR                                                     3               JPM
     291000173            2/28 6 MO LIBOR                                                     3               JPM
     291000206            2/28 6 MO LIBOR                                                     3               JPM
     291000234            2/28 6 MO LIBOR                                                     3               JPM
     291000250            2/28 6 MO LIBOR                                                     3               JPM
     291000257            2/28 6 MO LIBOR                                                     3               JPM
     291000349            2/28 6 MO LIBOR                                                     3               JPM
     291000406            2/28 6 MO LIBOR                                                     3               JPM
     291100015            2/28 6 MO LIBOR                                                     1               JPM
     291100043            2/28 6 MO LIBOR                                                     1               JPM
     291100075            2/28 6 MO LIBOR                                                     3               JPM
     291100117            2/28 6 MO LIBOR                                                     1               JPM
     291100153            2/28 6 MO LIBOR                                                     3               JPM
     291100234            2/28 6 MO LIBOR                                                     3               JPM
     291100444            2/28 6 MO LIBOR                                                     3               JPM
     291300090            Fixed Rate                                                          3               JPM

 



 

EXHIBIT E

REQUEST FOR RELEASE

To:

JPMorgan Chase Bank, N.A.

4 New York Plaza, 6th Floor

New York, New York 10004-2477

 

Re:

Pooling and Servicing Agreement dated as of November 1, 2005, among Financial Asset Securities Corp. as Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation as Servicers and JPMorgan Chase Bank, N.A., a national banking association, as Trustee

 

In connection with the administration of the Mortgage Loans held by you as Trustee pursuant to the above-captioned Pooling and Servicing Agreement, we request the release, and hereby acknowledge receipt of the Trustee’s Mortgage File Or the Mortgage Loan described below, for the reason indicated.

Mortgage Loan Number:

Mortgagor Name, Address & Zip Code:

Reason for Requesting Documents (check one):

_________1.

Mortgage Paid in Full

 

_________2.

Foreclosure

 

_________3.

Substitution

 

_________4.

Other Liquidation (Repurchases, etc.)

 

_________5.

Nonliquidation

Reason:_____________________

Address to which Trustee should deliver

the Trustee’s Mortgage File:

 

 

 

 



 

By:

 

 

(authorized signer)

 

 

Issuer:

 

 

 

Address:

 

 

 

 

 

 

 

Date:

 

 

 

 

Trustee

JPMorgan Chase Bank, N.A.

Please acknowledge the execution of the above request by your signature and date below:

 

 

 

Signature

 

Date

 

 

 

Documents returned to Trustee:

 

 

 

 

 

 

Trustee

 

Date

 

 



 

EXHIBIT F-1

FORM OF INITIAL CERTIFICATION

 

[ DATE ]

 

 

Financial Asset Securities Corp.

600 Steamboat Road

Greenwich, Connecticut 06830

Centex Home Equity Company, LLC

2828 N. Harwood Street, 11th Floor

Dallas, Texas 75201

HomEq Servicing Corporation

4837 Watt Avenue,

North Highlands, California 95660-5101

 

 

 

Re:

Pooling and Servicing Agreement, dated as of November 1, 2005, among Financial Asset Securities Corp., Centex Home Equity Company, LLC, HomEq Servicing Corporation and JPMorgan Chase Bank, N.A., Asset-Backed Certificates, Series 2005-CTX1

 

Ladies and Gentlemen:

 

Attached is the preliminary exception report delivered in accordance with Section 2.02 of the referenced Pooling and Servicing Agreement (the “Pooling and Servicing Agreement”). Capitalized terms used but not otherwise defined herein shall have the meanings set forth in the Pooling and Servicing Agreement.

 

As to each Mortgage Loan listed in the Mortgage Loan Schedule (other than any Mortgage Loan paid in full or any Mortgage Loan specifically identified in the exception report annexed hereto), (i) all documents required to be delivered to it pursuant Section 2.01 (other than Section 2.01(vi)) of the Pooling and Servicing Agreement and if actually delivered to it, the documents required to be delivered to it pursuant to Section 2.01(vi) of the Pooling and Servicing Agreement are in its possession, (ii) such documents have been reviewed by it and appear regular on their face and relate to such Mortgage Loan and (iii) based on its examination of the foregoing documents, the information set forth in the Mortgage Loan Schedule that corresponds to items (1), (3), (10), (11), (12), (18), (24) and (25, but only as to Gross Margin, Maximum Mortgage Rate and Periodic Rate Cap) of the Mortgage Loan Schedule accurately reflects information set forth in the Mortgage File.

 

We have made no independent examination of any documents contained in each Mortgage File beyond the review specifically required in the Pooling and Servicing Agreement. We make no representations as to (i) the validity, legality, sufficiency, recordability, enforceability or genuineness of any of the documents contained in the Mortgage File pertaining to the Mortgage Loans identified on the Mortgage Loan Schedule, (ii) the collectability, insurability, effectiveness or suitability of any such Mortgage Loan or (iii) whether any

 



Mortgage File includes any of the documents specified in clause (vi) of Section 2.01 of the Pooling and Servicing Agreement.

 



 

 

 

[TRUSTEE / CUSTODIAN]

 

By: __________________________

Name:

Title:

 



 

EXHIBIT F-2

FORM OF FINAL CERTIFICATION

 

________________

[Date]

 

Financial Asset Securities Corp.

600 Steamboat Road

Greenwich, Connecticut 06830

 

 

Re:

Pooling and Servicing Agreement (the “Pooling and Servicing Agreement”), dated as of November 1, 2005 among Financial Asset Securities Corp., as Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as Servicers and JPMorgan Chase Bank, N.A., as Trustee with respect to Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1

 

Ladies and Gentlemen:

 

In accordance with Section 2.02 of the Pooling and Servicing Agreement, the undersigned, hereby certifies that as to each Mortgage Loan listed in the Mortgage Loan Schedule (other than any Mortgage loan paid in full or listed on Schedule I hereto) it has all documents required to be delivered to it pursuant Section 2.01 (other than Section 2.01(vi)) of the Pooling and Servicing Agreement and if actually delivered to it, the documents required to be delivered to it pursuant to Section 2.01(vi) of the Pooling and Servicing Agreement in its possession.

 

The undersigned hereby certifies that as to each Mortgage Loan identified on the Mortgage Loan Schedule, other than any Mortgage Loan listed on Schedule I hereto, it has reviewed the documents listed above and has determined that each such document appears to be regular on its face and relates to such Mortgage Loan and, based on an examination of such documents, the information set forth in item 1 of the definition of Mortgage Loan Schedule in the Pooling and Servicing Agreement accurately reflects information in the Mortgage File.

 

We have made no independent examination of any documents contained in each Mortgage File beyond the review specifically required in the Pooling and Servicing Agreement. We make no representations as to (i) the validity, legality, sufficiency, recordability, enforceability or genuineness of any of the documents contained in the Mortgage File pertaining to the Mortgage Loans identified on the Mortgage Loan Schedule, (ii) the collectability, insurability, effectiveness or suitability of any such Mortgage Loan or (iii) whether any Mortgage File includes any of the documents specified in clause (vi) of Section 2.01 of the Pooling and Servicing Agreement.

 

 



 

Capitalized words and phrases used herein shall have the respective meanings assigned to them in the Pooling and Servicing Agreement. This Certificate is qualified in all respects by the terms of said Pooling and Servicing Agreement.

 

[TRUSTEE / CUSTODIAN]

 

By: ________________________________

Name:

 

Title:

 



 

EXHIBIT F-3

FORM OF RECEIPT OF MORTGAGE NOTE

 

Financial Asset Securities Corp.

600 Steamboat Road

Greenwich, Connecticut 06830

 

 

Re:

Soundview Home Loan Trust 2005-CTX1,

Asset-Backed Certificates Series 2005-CTX1

 

Ladies and Gentlemen:

 

J.P. Morgan Trust Company, National Association, in its capacity as custodian (the “Custodian”) under the Pooling and Servicing Agreement dated as of November 1, 2005, among Financial Asset Securities Corp. as Depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as Servicers and JPMorgan Chase Bank, N.A., as Trustee, hereby acknowledges receipt of either (i) the related original Mortgage Note or (ii) a Lost Note Affidavit, for each Mortgage Loan (with any exceptions noted).

 

 

The Schedule of Mortgage Loans is attached to this receipt as Schedule I.

 

The Custodian hereby additionally acknowledges that it shall review such items as required by Section 2.01 of the Pooling and Servicing Agreement.

 

 

J.P. MORGAN TRUST COMPANY, NATIONAL ASSOCIATION, as Custodian

 

By: __________________________________

Name:

 

Title:

 

 



 

EXHIBIT G

FORM OF ANNUAL STATEMENT AS TO COMPLIANCE

 

Soundview Home Loan Trust 2005-CTX1

Asset-Backed Certificates, Series 2005-CTX1

 

I, ______________________________, hereby certify that I am a duly appointed __________________________ of ________________________________ (the “Servicer”), and further certify as follows:

 

1.           This certification is being made pursuant to the terms of the Pooling and Servicing Agreement, dated as of November 1, 2005, (the “Agreement”), among Financial Asset Securities Corp., as depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as servicers and JPMorgan Chase Bank, as trustee.

 

2.           I have reviewed the activities of the Servicer during the preceding calendar year and the Servicer’s performance under the Agreement and to the best of my knowledge, based on such review, the Servicer has fulfilled all of its obligations under the Agreement throughout the year in all material respects.

 

Capitalized terms not otherwise defined herein have the meanings set forth in the Agreement.

 

Dated: _____________

 

 



 

                              IN WITNESS WHEREOF, the undersigned has executed this Certificate as of _____________.

 

By: _____________________________

Name:

Title:

 

I, ___________________________, a (an) __________________ of the Servicer, hereby certify that ________________________________ is a duly elected, qualified, and acting _______________________ of the Servicer and that the signature appearing above is his/her genuine signature.

 

IN WITNESS WHEREOF, the undersigned has executed this Certificate as of ______________.

 

By: _____________________________

Name:

                                                                                                        Title:

 



 

EXHIBIT H

FORM OF LOST NOTE AFFIDAVIT

Personally appeared before me the undersigned authority to administer oaths, _______________________________ who first being duly sworn deposes and says: Deponent is ___________________________ of ____________________________, successor by merger to _________________________ (“Seller”) and who has personal knowledge of the facts set out in this affidavit.

On _________________________________, ______________________________________ did execute and deliver a promissory note in the principal amount of $____________________.

That said note has been misplaced or lost through causes unknown and is presently lost and unavailable after diligent search has been made. Seller’s records show that an amount of principal and interest on said note is still presently outstanding, due, and unpaid, and Seller is still owner and holder in due course of said lost note.

Seller executes this Affidavit for the purpose of inducing JPMorgan Chase Bank, N.A., as trustee on behalf of Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates Series 2005-CTX1, to accept the transfer of the above described loan from Seller.

Seller agrees to indemnify JPMorgan Chase Bank, N.A. and Financial Asset Securities Corp. harmless for any losses incurred by such parties resulting from the above described promissory note has been lost or misplaced.

By:

 

 

 

 

 

 

STATE OF

)

 

)             SS:

COUNTY OF

)

On this ______ day of ______________, 20_, before me, a Notary Public, in and for said County and State, appeared , who acknowledged the extension of the foregoing and who, having been duly sworn, states that any representations therein contained are true.

Witness my hand and Notarial Seal this _________ day of 20__.

 

 

 

My commission expires __________________________

 



 

EXHIBIT I

LIMITED POWER OF ATTORNEY

 

KNOW ALL MEN BY THESE PRESENTS, that JPMorgan Chase Bank, N.A., a national banking association, having a place of business at 4 New York Plaza, 6th Floor, New York, N.Y. 10004, as Trustee (and in no personal or other representative capacity), under the Pooling and Servicing Agreement, dated November 1, 2005 (the “PSA”), among Financial Asset Securities Corp., as depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation, as servicers and JPMorgan Chase Bank, N.A., as trustee (as amended, restated, supplemented or otherwise modified from time to time, the “Agreement” capitalized terms not defined herein have the definitions assigned to such terms in the Agreement), relating to Soundview Home Loan Trust 2005-CTX1, hereby appoints ________________________________, in its capacity as the Servicer under the Agreement as the Trustee’s true and lawful Special Attorney-in-Fact, in the Trustee’s name, place and stead and for the Trustee’s benefit, but only in its capacity as Trustee aforesaid, to perform all acts and execute all documents as may be customary, necessary and appropriate to effectuate the following enumerated transactions in respect of any mortgage, deed of trust, promissory note or real estate owned from time to time owned (beneficially or in title, whether the Trustee is named therein as mortgagee or beneficiary or has become mortgagee or beneficiary by virtue of endorsement, assignment or other conveyance) or held by or registered to the Trustee (directly or through custodians or nominees), or in respect of which the Trustee has a security interest or other lien, all as provided under the Agreement and only to the extent the Trustee has an interest therein under the Agreement, and in respect of which the Servicer is acting as servicer pursuant to the Agreement (collectively the “Mortgage Documents”).

 

This appointment shall apply to the following enumerated transactions under the Agreement only:

 

1.           The modification or re-recording of any Mortgage Document for the purpose of correcting it to conform to the original intent of the parties thereto or to correct title errors discovered after title insurance was issued and where such modification or re-recording does not adversely affect the lien under the Mortgage Document as insured.

 

2.           The subordination of the lien under a Mortgage Document to an easement in favor of a public utility company or a state or federal agency or unit with powers of eminent domain including, without limitation, the execution of partial satisfactions/releases, partial reconveyances and the execution of requests to trustees to accomplish same.

 

3.           The conveyance of the properties subject to a Mortgage Document to the applicable mortgage insurer, or the closing of the title to the property to be acquired as real estate so owned, or conveyance of title to real estate so owned.

 

4.           The completion of loan assumption and modification agreements in respect of Mortgage Documents.

 

 



 

5.           The full or partial satisfaction/release of a Mortgage Document or full conveyance upon payment and discharge of all sums secured thereby, including, without limitation, cancellation of the related note.

6.           The assignment of any Mortgage Document, in connection with the repurchase of the mortgage loan secured and evidenced thereby.

 

7.           The full assignment of a Mortgage Document upon payment and discharge of all sums secured thereby in conjunction with the refinancing thereof, including, without limitation, the assignment of the related note.

 

8.           With respect to a Mortgage Document, the foreclosure, the taking of a deed in lieu of foreclosure, or the completion of judicial or non-judicial foreclosure or termination, cancellation or rescission of any such foreclosure, including, without limitation, any and all of the following acts:

 

a.      the substitution of trustee(s) serving under a deed of trust, in accordance with state law and the deed of trust;

 

 

b.

the preparation and issuance of statements of breach or non-performance;

 

 

c.

the preparation and filing of notices of default and/or notices of sale;

 

 

d.

the cancellation/rescission of notices of default and/or notices of sale;

 

 

e.

the taking of a deed in lieu of foreclosure; and

 

f.       the preparation and execution of such other documents and performance of such other actions as may be necessary under the terms of the Mortgage Document or state law to expeditiously complete said transactions in paragraphs 8(a) through 8(e), above.

 

9.           Demand, sue for, recover, collection and receive each and every sum of money, debt, account and interest (which now is, or hereafter shall become due and payable) belonging to or claimed by the Trustee under the Mortgage Documents, and to use or take any lawful means for recovery thereof by legal process or otherwise.

 

10.        Endorse on behalf of the Trustee all checks, drafts and/or negotiable instruments made payable to the Trustee in respect of the Mortgage Documents.

 

The Trustee gives the Special Attorney-in-Fact full power and authority to execute such instruments and to do and perform all and every act and thing necessary and proper to carry into effect the power or powers granted by this Limited Power of Attorney, subject to the terms and conditions set forth in the Agreement including the standard of care applicable to servicers in the Agreement, and hereby does ratify and confirm to what such Special Attorney-in-Fact shall lawfully do or cause to be done by authority hereof.

 



 

                              IN WITNESS WHEREOF, the Trustee has caused its corporate name and seal to be hereto signed and affixed and these presents to be acknowledged by its duly elected and authorized officer this ______th day of ___ _________, 2005.

 

 

 

JPMORGAN CHASE BANK, N.A., as Trustee

 

 

By:_______________________________

Name:

 

Title:

Senior Vice President

 

WITNESS:

 

By:_______________________________

 

Name:

 

Title:

 

 

WITNESS:

 

By:_______________________________

 

Name:

 

Title:

 

 

 

STATE OF NEW YORK

 

SS

COUNTY OF NEW YORK

 

On _______________, 2005, before me, the undersigned, a Notary Public in and for said state, personally appeared _______________________, personally known to me to be the person whose name is subscribed to the within instrument and to be a duly authorized and acting Senior Vice President of JPMorgan Chase Bank, N.A., and such person acknowledged to me that such person executed the within instrument in such person's authorized capacity as a Senior Vice President of JPMorgan Chase Bank, N.A., and that by such signature on the within instrument the entity upon behalf of which such person acted executed the instrument.

 

 

WITNESS my hand and official seal.

 

 

______________________________

 

Notary Public

 

 



 

EXHIBIT J

FORM OF INVESTMENT LETTER [NON-RULE 144A]

[DATE]

Financial Asset Securities Corp.

600 Steamboat Road

Greenwich, Connecticut 06830

JPMorgan Chase Bank, N.A.

4 New York Plaza, 6th Floor

New York, New York 10004-2477

Re:

Soundview Home Loan Trust 2005-CTX1,
Asset-Backed Certificates Series 2005-CTX1

 

Ladies and Gentlemen:

In connection with our acquisition of the above-captioned Certificates, we certify that (a) we understand that the Certificates are not being registered under the Securities Act of 1933, as amended (the “Act”), or any state securities laws and are being transferred to us in a transaction that is exempt from the registration requirements of the Act and any such laws, (b) we are an “accredited investor,” as defined in Regulation D under the Act, and have such knowledge and experience in financial and business matters that we are capable of evaluating the merits and risks of investments in the Certificates, (c) we have had the opportunity to ask questions of and receive answers from the Depositor concerning the purchase of the Certificates and all matters relating thereto or any additional information deemed necessary to our decision to purchase the Certificates, (d) we are not an employee benefit plan that is subject to the Employee Retirement Income Security Act of 1974, as amended, or a plan that is subject to Section 4975 of the Internal Revenue Code of 1986, as amended, nor are we acting on behalf of any such plan, (e) we are acquiring the Certificates for investment for our own account and not with a view to any distribution of such Certificates (but without prejudice to our right at all times to sell or otherwise dispose of the Certificates in accordance with clause (g) below), (f) we have not offered or sold any Certificates to, or solicited offers to buy any Certificates from, any person, or otherwise approached or negotiated with any person with respect thereto, or taken any other action which would result in a violation of Section 5 of the Act, and (g) we will not sell, transfer or otherwise dispose of any Certificates unless (1) such sale, transfer or other disposition is made pursuant to an effective registration statement under the Act or is exempt from such registration requirements, and if requested, we will at our expense provide an opinion of counsel satisfactory to the addressees of this Certificate that such sale, transfer or other disposition may be made pursuant to an exemption from the Act, (2) the purchaser or transferee of such Certificate has executed and delivered to you a certificate to substantially the same effect as this certificate, and (3) the purchaser or transferee has otherwise complied with any conditions for transfer set forth in the Pooling and Servicing Agreement.

 

 



 

 

Very truly yours,

 

[NAME OF TRANSFEREE]

 

Authorized Officer

 

 



 

FORM OF RULE 144A INVESTMENT LETTER

[DATE]

Financial Asset Securities Corp.

600 Steamboat Road

Greenwich, Connecticut 06830

JPMorgan Chase Bank, N.A.

4 New York Plaza, 6th Floor

New York, New York 10004-2477

Re:

Soundview Home Loan Trust 2005-CTX1,
Asset-Backed Certificates Series 2005-CTX1

 

Ladies and Gentlemen:

In connection with our acquisition of the above Certificates we certify that (a) we understand that the Certificates are not being registered under the Securities Act of 1933, as amended (the “Act”), or any state securities laws and are being transferred to us in a transaction that is exempt from the registration requirements of the Act and any such laws, (b) we have had the opportunity to ask questions of and receive answers from the Depositor concerning the purchase of the Certificates and all matters relating thereto or any additional information deemed necessary to our decision to purchase the Certificates, (c) we are not an employee benefit plan that is subject to the Employee Retirement Income Security Act of 1974, as amended, or a plan that is subject to Section 4975 of the Internal Revenue Code of 1986, as amended, nor are we acting on behalf of any such plan, (d) we have not, nor has anyone acting on our behalf offered, transferred, pledged, sold or otherwise disposed of the Certificates, any interest in the Certificates or any other similar security to, or solicited any offer to buy or accept a transfer, pledge or other disposition of the Certificates, any interest in the Certificates or any other similar security from, or otherwise approached or negotiated with respect to the Certificates, any interest in the Certificates or any other similar security with, any person in any manner, or made any general solicitation by means of general advertising or in any other manner, or taken any other action, that would constitute a distribution of the Certificates under the Securities Act or that would render the disposition of the Certificates a violation of Section 5 of the Securities Act or require registration pursuant thereto, nor will act, nor has authorized or will authorize any person to act, in such manner with respect to the Certificates, (e) we are a “qualified institutional buyer” as that term is defined in Rule 144A under the Securities Act and have completed either of the forms of certification to that effect attached hereto as Annex 1 or Annex 2. We are aware that the sale to us is being made in reliance on Rule 144A. We are acquiring the Certificates for our own account or for resale pursuant to Rule 144A and further, understand that such Certificates may be resold, pledged or transferred only (i) to a person reasonably believed to be a qualified institutional buyer that purchases for its own account or for the account of a qualified institutional buyer to whom notice is given that the resale, pledge or transfer is being made in

 



reliance on Rule 144A, or (ii) pursuant to another exemption from registration under the Securities Act.

Very truly yours,

 

[NAME OF TRANSFEREE]

 

Authorized Officer

 

 



 

ANNEX 1 TO EXHIBIT J

QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A

 

[For Transferees Other Than Registered Investment Companies]

 

The undersigned (the “Buyer”) hereby certifies as follows to the parties listed in the Rule 144A Transferee Certificate to which this certification relates with respect to the Certificates described therein:

1.            As indicated below, the undersigned is the President, Chief Financial Officer, Senior Vice President or other executive officer of the Buyer.

2.            In connection with purchases by the Buyer, the Buyer is a “qualified institutional buyer” as that term is defined in Rule 144A under the Securities Act of 1933, as amended (“Rule 144A”) because (i) the Buyer owned and/or invested on a discretionary basis $                     in securities (except for the excluded securities referred to below) as of the end of the Buyer’s most recent fiscal year (such amount being calculated in accordance with Rule 144A and (ii) the Buyer satisfies the criteria in the category marked below.

______________ Corporation, etc. The Buyer is a corporation (other than a bank, savings and loan association or similar institution), Massachusetts or similar business trust, partnership, or charitable organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended.

________________ Bank. The Buyer (a) is a national bank or banking institution organized under the laws of any State, territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto.

____________ Savings and Loan. The Buyer (a) is a savings and loan association, building and loan association, cooperative bank, homestead association or similar institution, which is supervised and examined by a State or Federal authority having supervision over any such institutions or is a foreign savings and loan association or equivalent institution and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto.

_________________________

            Buyer must own and/or invest on a discretionary basis at least $100,000,000 in securities unless Buyer is a dealer, and, in that case, Buyer must own and/or invest on a discretionary basis at least $10,000,000 in securities.

 

 



 

_________ Broker-Dealer. The Buyer is a dealer registered pursuant to Section 15 of the Securities Exchange Act of 1934.

______________ Insurance Company. The Buyer is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a State, territory or the District of Columbia.

___________ State or Local Plan. The Buyer is a plan established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees.

_______________ ERISA Plan. The Buyer is an employee benefit plan within the meaning of Title I of the Employee Retirement Income Security Act of 1974.

Investment Advisor. The Buyer is an investment advisor registered under the Investment Advisors Act of 1940.

______________ Small Business Investment Company. Buyer is a small business investment company licensed by the U.S. Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 1958.

___________ Business Development Company. Buyer is a business development company as defined in Section 202(a)(22) of the Investment Advisors Act of 1940.

3.            The term “SECURITIES” as used herein DOES NOT INCLUDE (i) securities of issuers that are affiliated with the Buyer, (ii) securities that are part of an unsold allotment to or subscription by the Buyer, if the Buyer is a dealer, (iii) securities issued or guaranteed by the U.S. or any instrumentality thereof, (iv) bank deposit notes and certificates of deposit (v) loan participations, (vi) repurchase agreements, (vii) securities owned but subject to a repurchase agreement and (viii) currency, interest rate and commodity swaps.

4.            For purposes of determining the aggregate amount of securities owned and/or invested on a discretionary basis by the Buyer, the Buyer used the cost of such securities to the Buyer and did not include any of the securities referred to in the preceding paragraph, except (i) where the Buyer reports its securities holdings in its financial statements on the basis of their market value, and (ii) no current information with respect to the cost of those securities has been published. If clause (ii) in the preceding sentence applies, the securities may be valued at market. Further, in determining such aggregate amount, the Buyer may have included securities owned by subsidiaries of the Buyer, but only if such subsidiaries are consolidated with the Buyer in its financial statements prepared in accordance with generally accepted accounting principles and if the investments of such subsidiaries are managed under the Buyer’s direction. However, such securities were not included if the Buyer is a majority-owned, consolidated subsidiary of another enterprise and the Buyer is not itself a reporting company under the Securities Exchange Act of 1934, as amended.

 



 

5.            The Buyer acknowledges that it is familiar with Rule 144A and understands that the seller to it and other parties related to the Certificates are relying and will continue to rely on the statements made herein because one or more sales to the Buyer may be in reliance on Rule 144A.

6.            Until the date of purchase of the Rule 144A Securities, the Buyer will notify each of the parties to which this certification is made of any changes in the information and conclusions herein. Until such notice is given, the Buyer’s purchase of the Certificates will constitute a reaffirmation of this certification as of the date of such purchase. In addition, if the Buyer is a bank or savings and loan is provided above, the Buyer agrees that it will furnish to such parties updated annual financial statements promptly after they become available.

 

Print Name of Buyer

 

 

By:

 

Name:

 

Title:

 

 

 

Date:

 

 

 



 

ANNEX 2 TO EXHIBIT J

QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A

[For Transferees That are Registered Investment Companies]

 

The undersigned (the “Buyer”) hereby certifies as follows to the parties listed in the Rule 144A Transferee Certificate to which this certification relates with respect to the Certificates described therein:

1.            As indicated below, the undersigned is the President, Chief Financial Officer or Senior Vice President of the Buyer or, if the Buyer is a “qualified institutional buyer” as that term is defined in Rule 144A under the Securities Act of 1933, as amended (“Rule 144A”) because Buyer is part of a Family of Investment Companies (as defined below), is such an officer of the Adviser.

2.            In connection with purchases by Buyer, the Buyer is a “qualified institutional buyer” as defined in SEC Rule 144A because (i) the Buyer is an investment company registered under the Investment Company Act of 1940, as amended and (ii) as marked below, the Buyer alone, or the Buyer’s Family of Investment Companies, owned at least $100,000,000 in securities (other than the excluded securities referred to below) as of the end of the Buyer’s most recent fiscal year. For purposes of determining the amount of securities owned by the Buyer or the Buyer’s Family of Investment Companies, the cost of such securities was used, except (i) where the Buyer or the Buyers Family of Investment Companies reports its securities holdings in its financial statements on the basis of their market value, and (ii) no current information with respect to the cost of those securities has been published. If clause (ii) in the preceding sentence applies, the securities may be valued at market.

__________ The Buyer owned $_________ in securities (other than the excluded securities referred to below) as of the end of the Buyer’s most recent fiscal year (such amount being calculated in accordance with Rule 144A).

_________ The Buyer is part of a Family of Investment Companies which owned in the aggregate $___________ in securities (other than the excluded securities referred to below) as of the end of the Buyer’s most recent fiscal year (such amount being calculated in accordance with Rule 144A).

3.            The term “FAMILY OF INVESTMENT COMPANIES” as used herein means two or more registered investment companies (or series thereof) that have the same investment adviser or investment advisers that are affiliated (by virtue of being majority owned subsidiaries of the same parent or because one investment adviser is a majority owned subsidiary of the other).

4.            The term “SECURITIES” as used herein does not include (i) securities of issuers that are affiliated with the Buyer or are part of the Buyer’s Family of Investment Companies, (ii) securities issued or guaranteed by the U.S. or any instrumentality thereof, (iii) bank deposit notes and certificates of deposit, (iv) loan participations, (v) repurchase agreements, (vi) securities

 



owned but subject to a repurchase agreement and (vii) currency, interest rate and commodity swaps.

5.            The Buyer is familiar with Rule 144A and understands that the parties listed in the Rule 144A Transferee Certificate to which this certification relates are relying and will continue to rely on the statements made herein because one or more sales to the Buyer will be in reliance on Rule 144A. In addition, the Buyer will only purchase for the Buyer’s own account.

6.            Until the date of purchase of the Certificates, the undersigned will notify the parties listed in the Rule 144A Transferee Certificate to which this certification relates of any changes in the information and conclusions herein. Until such notice is given, the Buyer’s purchase of the Certificates will constitute a reaffirmation of this certification by the undersigned as of the date of such purchase.

 

Print Name of Buyer or Adviser

 

 

 

 

 

 

 

 

 

 

 

 

 

 

By:

 

Name:

 

Title:

 

 

 

IF AN ADVISER:

 

 

 

Print Name of Buyer

 

 

 

 

Date:

 

 

 



 

EXHIBIT K

FORM OF TRANSFER AFFIDAVIT FOR RESIDUAL CERTIFICATES

PURSUANT TO SECTION 5.02(D)

SOUNDVIEW HOME LOAN TRUST 2005-CTX1

ASSET-BACKED CERTIFICATES, SERIES 2005-CTX1

STATE OF

)

 

) ss:

COUNTY OF

)

The undersigned, being first duly sworn, deposes and says as follows:

1.            The undersigned is an officer of, the proposed Transferee of an Ownership Interest in a Residual Certificate (the “Certificate”) issued pursuant to the Pooling and Servicing Agreement dated as of November 1, 2005 (the “Agreement”), among Financial Asset Securities Corp., as depositor (the “Depositor”), Centex Home Equity Company, LLC and HomEq Servicing Corporation, as servicers (the “Servicers”) and JPMorgan Chase Bank, N.A., as trustee (the “Trustee”). Capitalized terms used, but not defined herein or in Exhibit 1 hereto, shall have the meanings ascribed to such terms in the Agreement. The Transferee has authorized the undersigned to make this affidavit on behalf of the Transferee for the benefit of the Depositor and the Trustee.

2.            The Transferee is, as of the date hereof, and will be, as of the date of the Transfer, a Permitted Transferee. The Transferee is acquiring its Ownership Interest in the Certificate for its own account. The Transferee has no knowledge that any such affidavit is false.

3.            The Transferee has been advised of, and understands that (i) a tax will be imposed on Transfers of the Certificate to Persons that are not Permitted Transferees; (ii) such tax will be imposed on the transferor, or, if such Transfer is through an agent (which includes a broker, nominee or middleman) for a Person that is not a Permitted Transferee, on the agent; and (iii) the Person otherwise liable for the tax shall be relieved of liability for the tax if the subsequent Transferee furnished to such Person an affidavit that such subsequent Transferee is a Permitted Transferee and, at the time of Transfer, such Person does not have actual knowledge that the affidavit is false.

4.            The Transferee has been advised of, and understands that a tax will be imposed on a “pass-through entity” holding the Certificate if at any time during the taxable year of the pass-through entity a Person that is not a Permitted Transferee is the record holder of an interest in such entity. The Transferee understands that such tax will not be imposed for any period with respect to which the record holder furnishes to the pass-through entity an affidavit that such record holder is a Permitted Transferee and the pass-through entity does not have actual knowledge that such affidavit is false. (For this purpose, a “pass-through entity” includes a regulated investment company, a real estate investment trust or common trust fund, a

 



partnership, trust or estate, and certain cooperatives and, except as may be provided in Treasury Regulations, persons holding interests in pass-through entities as a nominee for another Person.)

5.            The Transferee has reviewed the provisions of Section 5.02(d) of the Agreement and understands the legal consequences of the acquisition of an Ownership Interest in the Certificate including, without limitation, the restrictions on subsequent Transfers and the provisions regarding voiding the Transfer and mandatory sales. The Transferee expressly agrees to be bound by and to abide by the provisions of Section 5.02(d) of the Agreement and the restrictions noted on the face of the Certificate. The Transferee understands and agrees that any breach of any of the representations included herein shall render the Transfer to the Transferee contemplated hereby null and void.

6.            The Transferee agrees to require a Transfer Affidavit from any Person to whom the Transferee attempts to Transfer its Ownership Interest in the Certificate, and in connection with any Transfer by a Person for whom the Transferee is acting as nominee, trustee or agent, and the Transferee will not Transfer its Ownership Interest or cause any Ownership Interest to be Transferred to any Person that the Transferee knows is not a Permitted Transferee. In connection with any such Transfer by the Transferee, the Transferee agrees to deliver to the Trustee a certificate substantially in the form set forth as Exhibit L to the Agreement (a “Transferor Certificate”) to the effect that such Transferee has no actual knowledge that the Person to which the Transfer is to be made is not a Permitted Transferee.

7.            The Transferee has historically paid its debts as they have come due, intends to pay its debts as they come due in the future, and understands that the taxes payable with respect to the Certificate may exceed the cash flow with respect thereto in some or all periods and intends to pay such taxes as they become due. The Transferee does not have the intention to impede the assessment or collection of any tax legally required to be paid with respect to the Certificate.

 

8.

The Transferee’s taxpayer identification number is ___________.

 

 

9.

The Transferee is a U.S. Person as defined in Code Section 7701(a)(30).

10.          The Transferee is aware that the Certificate may be a “noneconomic residual interest” within the meaning of proposed Treasury regulations promulgated pursuant to the Code and that the transferor of a noneconomic residual interest will remain liable for any taxes due with respect to the income on such residual interest, unless no significant purpose of the transfer was to impede the assessment or collection of tax.

11.          The Transferee will not cause income from the Certificate to be attributable to a foreign permanent establishment or fixed base, within the meaning of an applicable income tax treaty, of the Transferee or any other U.S. person.

 

12.

Check one of the following:

[_]  The present value of the anticipated tax liabilities associated with holding the Certificate, as applicable, does not exceed the sum of:

 

 



 

 

(i)

the present value of any consideration given to the Transferee to acquire such Certificate;

(ii)

the present value of the expected future distributions on such Certificate; and

(iii)

the present value of the anticipated tax savings associated with holding such Certificate as the related REMIC generates losses.

For purposes of this calculation, (i) the Transferee is assumed to pay tax at the highest rate currently specified in Section 11(b) of the Code (but the tax rate in Section 55(b)(1)(B) of the Code may be used in lieu of the highest rate specified in Section 11(b) of the Code if the Transferee has been subject to the alternative minimum tax under Section 55 of the Code in the preceding two years and will compute its taxable income in the current taxable year using the alternative minimum tax rate) and (ii) present values are computed using a discount rate equal to the short-term Federal rate prescribed by Section 1274(d) of the Code for the month of the transfer and the compounding period used by the Transferee.

[_]  The transfer of the Certificate complies with U.S. Treasury Regulations Sections 1.860E-1(c)(5) and (6) and, accordingly,

(i)

the Transferee is an “eligible corporation,” as defined in U.S. Treasury Regulations Section 1.860E-1(c)(6)(i), as to which income from the Certificate will only be taxed in the United States;

(ii)

at the time of the transfer, and at the close of the Transferee’s two fiscal years preceding the year of the transfer, the Transferee had gross assets for financial reporting purposes (excluding any obligation of a person related to the Transferee within the meaning of U.S. Treasury Regulations Section 1.860E-1(c)(6)(ii)) in excess of $100 million and net assets in excess of $10 million;

(iii)

the Transferee will transfer the Certificate only to another “eligible corporation,” as defined in U.S. Treasury Regulations Section 1.860E-1(c)(6)(i), in a transaction that satisfies the requirements of Sections 1.860E-1(c)(4)(i), (ii) and (iii) and Section 1.860E-1(c)(5) of the U.S. Treasury Regulations; and

(iv)

the Transferee determined the consideration paid to it to acquire the Certificate based on reasonable market assumptions (including, but not limited to, borrowing and investment rates, prepayment and loss assumptions, expense and reinvestment assumptions, tax rates and other factors specific to the Transferee) that it has determined in good faith.

[_]  None of the above.

 



 

13.          The Transferee is not an employee benefit plan that is subject to Title I of ERISA or a plan that is subject to Section 4975 of the Code or a plan subject to any Federal, state or local law that is substantially similar to Title I of ERISA or Section 4975 of the Code, and the Transferee is not acting on behalf of or investing plan assets of such a plan.

 



 

IN WITNESS WHEREOF, the Transferee has caused this instrument to be executed on its behalf, pursuant to authority of its Board of Directors, by its duly authorized officer and its corporate seal to be hereunto affixed, duly attested, this      day of                   , 20  .

 

[NAME OF TRANSFEREE]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

By:

 

Name:

 

Title:

 

 

 

 

[Corporate Seal]

 

ATTEST:

 

 

[Assistant] Secretary

Personally appeared before me the above-named __________, known or proved to me to be the same person who executed the foregoing instrument and to be the ___________ of the Transferee, and acknowledged that he executed the same as his free act and deed and the free act and deed of the Transferee.

 

Subscribed and sworn before me this   

day of   

, 20  .

 

 

NOTARY PUBLIC

 

My Commission expires the __ day
of _________, 20__

 

 

 

 



 

EXHIBIT L

FORM OF TRANSFEROR CERTIFICATE

[DATE]

Financial Asset Securities Corp.

600 Steamboat Road

Greenwich, Connecticut 06830

Re:

Soundview Home Loan Trust 2005-CTX1,
Asset-Backed Certificates Series 2005-CTX1

 

Ladies and Gentlemen:

In connection with our disposition of the above Certificates we certify that (a) we understand that the Certificates have not been registered under the Securities Act of 1933, as amended (the “Act”), and are being disposed by us in a transaction that is exempt from the registration requirements of the Act, (b) we have not offered or sold any Certificates to, or solicited offers to buy any Certificates from, any person, or otherwise approached or negotiated with any person with respect thereto, in a manner that would be deemed, or taken any other action which would result in, a violation of Section 5 of the Act, (c) to the extent we are disposing of a Class o Certificate, we have no knowledge the Transferee is not a Permitted Transferee and (d) no purpose of the proposed disposition of a Class o Certificate is to impede the assessment or collection of tax.

Very truly yours,

 

TRANSFEROR

 

 

 

 

By:

 

Name:

 

Title:

 

 

 



 

EXHIBIT M

FORM OF ERISA REPRESENTATION LETTER

_____________, 20__

 

Financial Asset Securities Corp.

600 Steamboat Road

Greenwich, Connecticut 06830

JPMorgan Chase Bank, N.A.

4 New York Plaza, 6th Floor

New York, New York 10004-2477

 

Re:

Soundview Home Loan Trust 2005-CTX1,
Asset-Backed Certificates Series 2005-CTX1

Dear Sirs:

_______________________________ (the “Transferee”) intends to acquire from ___________________________ (the “Transferor”) $____________ Initial Certificate Principal Balance Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates Series 2005-CTX1, Class [C][P][R[-X]] (the “Certificates”), issued pursuant to a Pooling and Servicing Agreement (the “Pooling and Servicing Agreement”) dated as of November 1, 2005 among Financial Asset Securities Corp. as depositor (the “Depositor”), Centex Home Equity Company, LLC and HomEq Servicing Corporation as servicers (the “Servicers”) and JPMorgan Chase Bank, N.A. as trustee (the “Trustee”). Capitalized terms used herein and not otherwise defined shall have the meanings assigned thereto in the Pooling and Servicing Agreement. The Transferee hereby certifies, represents and warrants to, and covenants with the Depositor, the Trustee and the Servicers the following:

The Certificates (i) are not being acquired by, and will not be transferred to, any employee benefit plan within the meaning of section 3(3) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), or other retirement arrangement, including individual retirement accounts and annuities, Keogh plans and bank collective investment funds and insurance company general or separate accounts in which such plans, accounts or arrangements are invested, that is subject to Section 406 of ERISA or Section 4975 of the Internal Revenue Code of 1986 (the “Code”) (any of the foregoing, a “Plan”), (ii) are not being acquired with “plan assets” of a Plan within the meaning of the Department of Labor (“DOL”) regulation, 29 C.F.R.ss.2510.3-101, and (iii) will not be transferred to any entity that is deemed to be investing in plan assets within the meaning of the DOL regulation at 29 C.F.R.ss. 2510.3-101.

Very truly yours,

 

[Transferee]

 

 

 

 

By:

 

Name:

 

 

 



 

 

Title:

 

 

 



 

EXHIBIT N-1

FORM CERTIFICATION TO BE PROVIDED BY THE DEPOSITOR WITH FORM 10-K

Re:

Soundview Home Loan Trust, Series 2005-CTX1
Asset Backed Certificates, Series 2005-CTX1

 

I, [_____], certify that:

l.             I have reviewed this annual report on Form 10-K, and all reports on Form 8-K containing distribution and servicing reports filed in respect of periods included in the year covered by this annual report, of Soundview Home Loan Trust, Asset-Backed Certificates, Series 2005-CTX1;

2.            Based on my knowledge, the information in these reports, taken as a whole, does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading as of the last day of the period covered by this annual report;

3.            Based on my knowledge, the distribution or servicing information required to be provided to the trustee by the servicers under the pooling and servicing, or similar, agreement, for inclusion in these reports is included in these reports;

4.            Based on my knowledge and upon the annual compliance statement included in the report and required to be delivered to the trustee in accordance with the terms of the pooling and servicing, or similar, agreement, and except as disclosed in the reports, the servicers have fulfilled each of its obligations under the servicing agreement; and

5.            The reports disclose all significant deficiencies relating to the servicers’ compliance with the minimum servicing standards based upon the report provided by an independent public accountant, after conducting a review in compliance with the Uniform Single Attestation Program for Mortgage Bankers or similar procedure, as set forth in the pooling and servicing, or similar, agreement, that is included in these reports.

In giving the certifications above, I have reasonably relied on information provided to me by the following unaffiliated parties: Centex Home Equity Company, LLC, HomEq Servicing Corporation and JPMorgan Chase Bank, N.A.

Date: [__], 2005

 



 

 

FINANCIAL ASSET SECURITIES CORP.

 

 

By:

 

Name:

 

Title:

 

Date:

 

 

 



 

EXHIBIT N-2

FORM CERTIFICATION TO BE

PROVIDED TO DEPOSITOR BY THE TRUSTEE

Re:

Soundview Home Loan Trust 2005-CTX1 (the “Trust”)
Asset-Backed Certificates, Series 2005-CTX1

 

I, [identify the certifying individual], a [title] of JPMorgan Chase Bank, N.A., as Trustee of the Trust, hereby certify to Financial Asset Securities Corp. (the “Depositor”), and its officers, directors and affiliates, and with the knowledge and intent that they will rely upon this certification, that:

1.            I have reviewed the annual report on Form 10-K for the fiscal year [___], and all reports on Form 8-K containing distribution reports filed in respect of periods included in the year covered by that annual report, of the Depositor relating to the above-referenced trust;

2.            Subject to paragraph 4 hereof, based on my knowledge, the information in these distribution reports prepared by the Trustee, taken as a whole, does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading as of the last day of the period covered by that annual report; and

3.            Based on my knowledge, the distribution information required to be provided by the Trustee under the Pooling and Servicing Agreement is included in these reports.

4.          In compiling the Distribution Information and making the foregoing certifications, the Trustee has relied upon information furnished to it by the Servicers under the Pooling and Servicing Agreement. The Trustee shall have no responsibility or liability for any inaccuracy in such reports resulting from information so provided to it by the Servicers.

Capitalized terms used but not defined herein have the meanings ascribed to them in the Pooling and Servicing Agreement, dated November 1, 2005 (the “Pooling and Servicing Agreement”), among the Depositor as depositor, Centex Home Equity Company, LLC and HomEq Servicing Corporation as servicers and JPMorgan Chase Bank, N.A. as trustee.

JPMORGAN CHASE BANK, N.A., as Trustee

 

 

By:

 

Name:

 

Title:

 

Date:

 

 

 



 

EXHIBIT N-3

FORM CERTIFICATION TO BE

PROVIDED TO DEPOSITOR BY THE SERVICERS

Re:

Soundview Home Loan Trust, Series 2005-CTX1
Asset Backed Certificates, Series 2005-CTX1

 

I, [identify the certifying individual], acting of Centex Home Equity Company, LLC (“Centex”), certify to Financial Asset Securities Corp. (the “Depositor”) and its respective officers, directors and affiliates, and with the knowledge and intent that they will rely upon this certification, that:

1.            I have reviewed the information provided to the Trustee by Centex pursuant to the Pooling and Servicing Agreement in respect of periods included in the year covered by that annual report, of the Depositor relating to the Trust Fund (the “Servicing Information”);

2.            Based on my knowledge, the Servicing Information in these reports, taken as a whole, does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading as of the last day of the period covered by such report;

3.            Based on my knowledge, the Servicing Information is correct in all material respects;

4.            I am responsible for reviewing the activities performed by Centex under the Pooling and Servicing Agreement and based upon the review required under the Pooling and Servicing Agreement, and except as disclosed to the Depositor and the Trustee, Centex has fulfilled its obligations under the Pooling and Servicing Agreement; and

5.            I have disclosed to Centex’s certified public accountants and the Depositor all significant deficiencies relating to Centex’s compliance with the minimum servicing standards in accordance with a review conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers or similar standard as set forth in the Pooling and Servicing Agreement.

 



 

Capitalized terms used but not defined herein have the meanings ascribed to them in the

Pooling and Servicing Agreement, dated November 1, 2005 (the “Pooling and Servicing Agreement”), among the Depositor, Centex and HomEq Servicing Corporation as servicers and JPMorgan Chase Bank, N.A. as trustee.

Centex Home Equity Company, LLC

 

 

 

By:

 

Name:

 

Title:

 

Date:

 

 

 

 



 

EXHIBIT N-3

FORM CERTIFICATION TO BE

PROVIDED TO DEPOSITOR BY THE SERVICERS

Re:

Soundview Home Loan Trust, Series 2005-CTX1
Asset Backed Certificates, Series 2005-CTX1

 

I, [identify the certifying individual], acting of HomEq Servicing Corporation, (“HomEq”), certify to Financial Asset Securities Corp. (the “Depositor”), the Trustee and their respective officers, directors and affiliates, and with the knowledge and intent that they will rely upon this certification, that:

1.            I have reviewed the information provided to the Trustee by HomEq pursuant to the Pooling and Servicing Agreement and information correctly derived by the Trustee from such information and included in the annual report on Form 10-K for the fiscal year [___] and on all reports on Form 8-K filed in respect of periods included in the year covered by that annual report, of the Depositor relating to the Trust Fund (the “Servicing Information”);

2.            Based on my knowledge, the Servicing Information in these reports, taken as a whole, does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading as of the last day of the period covered by that annual report;

3.            I am responsible for reviewing the activities performed by HomEq under the Pooling and Servicing Agreement and based upon the review required under the Pooling and Servicing Agreement, and except as disclosed to the Depositor and the Trustee, HomEq has fulfilled its obligations under the Pooling and Servicing Agreement in all material respects; and

4.            Based on my knowledge, HomEq has disclosed to HomEq’s certified public accountants and the Depositor all significant deficiencies relating to HomEq’s compliance with the minimum servicing standards in accordance with a review conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers or similar standard as set forth in the Pooling and Servicing Agreement.

 



 

Capitalized terms used but not defined herein have the meanings ascribed to them in the

Pooling and Servicing Agreement, dated November 1, 2005 (the “Pooling and Servicing Agreement”), among the Depositor, Centex Home Equity Company, LLC and HomEq, as servicers and JPMorgan Chase Bank, N.A. as trustee.

HomEq Servicing Corporation

 

 

By:

 

Name:

 

Title:

 

Date:

 

 

 



 

EXHIBIT O

FORM OF CAP CONTRACT

 




 

Dated: November 15, 2005

 

Rate Cap Transaction

 

Re: BNY Reference No. 36943

 

Ladies and Gentlemen:

 

The purpose of this letter agreement (“Agreement”) is to confirm the terms and conditions of the rate cap Transaction entered into on the Trade Date specified below (the “Transaction”) between The Bank of New York (“BNY”), a trust company duly organized and existing under the laws of the State of New York and JPMorgan Chase Bank, N.A., not individually, but solely as Trustee on behalf of Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1 (the “Counterparty”). This Agreement, which evidences a complete and binding agreement between you and us to enter into the Transaction on the terms set forth below, constitutes a “Confirmation” as referred to in the “ISDA Form Master Agreement” (as defined below), as well as a “Schedule” as referred to in the ISDA Form Master Agreement.

 

1.            This Agreement is subject to the 2000 ISDA Definitions (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). You and we have agreed to enter into this Agreement in lieu of negotiating a Schedule to the 1992 ISDA Master Agreement (Multicurrency—Cross Border) form (the “ISDA Form Master Agreement”) but, rather, an ISDA Form Master Agreement, as modified by the Schedule terms in Section 4 of this Confirmation (the “Master Agreement”), shall be deemed to have been executed by you and us on the date we entered into the Transaction. In the event of any inconsistency between the provisions of this Agreement and the Definitions or the ISDA Form Master Agreement, this Agreement shall prevail for purposes of the Transaction.

 

2.

The terms of the particular Transaction to which this Confirmation relates are as follows:

 

 

Type of Transaction:

Rate Cap

 

 

Notional Amount:

With respect to any Calculation Period, the amount set forth for such period on Schedule I attached hereto.

 

 

Trade Date:

November 15, 2005

 

 

Effective Date:

November 25, 2005

 

 



 

 

Termination Date:

August 25, 2008, subject to adjustment in accordance with the Following Business Day Convention

 

Fixed Amounts:

 

 

Fixed Amount Payer:

Counterparty

 

 

Fixed Amount:

USD 23,000.00

 

Fixed Amount Payment

 

Date:

November 29, 2005

 

Floating Amounts:

 

 

Floating Rate Payer:

BNY

 

 

Cap Rate:

For each Calculation Period, as set forth for such period on Schedule I attached hereto.

 

Floating Rate Payer

 

Period End Dates:

The 25th calendar day of each month during the Term of this Transaction, commencing December 25, 2005, and ending on the Termination Date, subject to adjustment in accordance with the Following Business Day Convention.

 

Floating Rate Payer

 

Payment Dates:

Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be one (1) Business Day preceding each Floating Rate Payer Period End Date.

 

 

Floating Rate Option:

USD-LIBOR-BBA; provided, however, if the Floating Rate determined from such Floating Rate Option for a Calculation Period is greater than the Ceiling Rate then the Floating Rate for such Calculation Period shall be deemed equal to the Ceiling Rate.

 

 

Designated Maturity:

One month

 

Floating Rate Day

 

Count Fraction:

Actual/360

 

 

Reset Dates:

The first day of each Calculation Period

 

 

Compounding:

Inapplicable

 

 



 

 

Business Days:

New York

 

 

Business Day Convention:

Following

 

 

Calculation Agent:

BNY

 

Other:

Pursuant to the Pooling and Servicing Agreement, Greenwich Capital Financial Products, Inc. (GCFP) or its Affiliates (as defined in the Pooling and Servicing Agreement) (collectively, "Greenwich") shall remit to Counterparty any amounts of cap proceeds included in amounts received by Greenwich under the Pooling and Servicing Agreement in respect of the ___________ owned by Greenwich. Counterparty shall, to the extent that it receives any such amounts from Greenwich pursuant to the Pooling and Servicing Agreement, provide notice to BNY and remit such amounts to BNY on such business day or, if not received in time to remit to BNY on the Following business day. For purposes of this Agreement, Counterparty shall be able to rely conclusively that each amount received from Greenwich pursuant to the Pooling and Servicing Agreement with respect to the foregoing sentences shall be the correct amount.

For purposes of determining the maximum payment obligation and the net effective notional amount that BNY is ultimately subject to hereunder after giving effect to the language in the preceding paragraph, the Notional Amount for each Calculation Period shall be the lesser of (i) the amount set forth for such period in Schedule I attached hereto and (ii) the aggregate Certificate Principal Balance of the _______ as of the first day of the calendar month in which the Calculation Period ends, in each case reduced by the aggregate Certificate Principal Balance of the _______ owned by Greenwich as of the Record Date of such Certificates immediately preceding the related Floating Rate Payer Payment Date.

 

 

3.

Additional Provisions:

 

Each party hereto is hereby advised and acknowledges that the other party has engaged in (or refrained from engaging in) substantial financial transactions and has taken (or refrained from taking) other material actions in reliance upon the entry by the parties into the Transaction being entered into on the terms and conditions set forth herein.

 

4.

Provisions Deemed Incorporated in a Schedule to the ISDA Form Master Agreement:

 

 

1)

The parties agree that subparagraph (ii) of Section 2(c) of the ISDA Form Master Agreement will apply to any Transaction.

 

 

2)

Termination Provisions. For purposes of the ISDA Form Master Agreement:

 

 



 

 

(a)

“Specified Entity” is not applicable to BNY or Counterparty for any purpose.

 

 

(b)

“Breach of Agreement” provision of Section 5(a)(ii) will not apply to BNY or Counterparty.

 

 

(c)

“Credit Support Default” provisions of Section 5(a)(iii) will not apply to BNY or Counterparty.

 

 

(d)

“Misrepresentation” provisions of Section 5(a)(iv) will not apply to BNY or Counterparty.

 

 

(e)

“Default under Specified Transaction” is not applicable to BNY or Counterparty for any purpose, and, accordingly, Section 5(a)(v) shall not apply to BNY or Counterparty.

 

 

(f)

The “Cross Default” provisions of Section 5(a)(vi) will not apply to BNY or to Counterparty.

 

 

(g)

The “Bankruptcy” provision of Section 5(a)(vii)(2) will not apply to Counterparty.

 

 

(h)

The “Credit Event Upon Merger” provisions of Section 5(b)(iv) will not apply to BNY or Counterparty.

 

 

(i)

The “Automatic Early Termination” provision of Section 6(a) will not apply to BNY or to Counterparty.

 

 

(j)

Payments on Early Termination. For the purpose of Section 6(e) of this Agreement:

 

 

(i)

Market Quotation will apply.

 

 

(ii)

The Second Method will apply.

 

 

(k)

“Termination Currency” means United States Dollars.

 

3)

Tax Representations.

 

Payer Representations. For the purpose of Section 3(e) of this Agreement, BNY and Counterparty make the following representations:

It is not required by any applicable law, as modified by the practice of any relevant governmental revenue authority, of any Relevant Jurisdiction to make any deduction or withholding for or on account of any Tax from any payment (other than interest under

 



Section 2(e), 6(d)(ii) or 6(e) of this Agreement) to be made by it to the other party under this Agreement. In making this representation, it may rely on:

(i)     the accuracy of any representations made by the other party pursuant to Section 3(f) of this Agreement;

 

(ii)    the satisfaction of the agreement contained in Section 4 (a)(i) or 4(a)(iii) of this Agreement and the accuracy and effectiveness of any document provided by the other party pursuant to Section 4 (a)(i) or 4(a)(iii) of this Agreement; and

 

(iii)   the satisfaction of the agreement of the other party contained in Section 4(d) of this Agreement, provided that it shall not be a breach of this representation where reliance is placed on clause (ii) and the other party does not deliver a form or document under Section 4(a)(iii) by reason of material prejudice of its legal or commercial position.

 

Payee Representations. For the purpose of Section 3(f) of this Agreement, BNY and Counterparty make the following representations.

 

The following representation will apply to BNY:

 

BNY is a trust company duly organized and existing under the laws of the State of New York and its U.S. taxpayer identification number is 135160382.

 

 

 

 

The following representation will apply to the Counterparty:

 

Counterparty is a “U.S. person” as that term is used in section 1.1441-4(a)(3)(ii) of the United States Treasury Regulations (the “Regulations”) for United States federal income tax purposes.

 

 



 

4)           Documents to be delivered. For the purpose of Sections 4(a) (i) and (ii) of this Agreement, each party agrees to deliver the following documents, as applicable :

 

(a) Tax forms, documents or certificates to be delivered are:

 

 

Party required to deliver document

Form/Document/

Certificate

Date by which to

be delivered

Covered by Section 3(d) Representation

BNY and Counterparty

Any document required or reasonably requested to allow the other party to make payments under this Agreement without any deduction or withholding for or on the account of any tax.

Upon the execution and delivery of this Agreement

Yes

(b) Other documents to be delivered are:

 

 

 

 

 

 

BNY

A certificate of an authorized officer of the party, as to the incumbency and authority of the respective officers of the party signing this Agreement, any relevant Credit Support Document, or any Confirmation, as the case may be

Upon the execution and delivery of this Agreement

Yes

Counterparty

 

(i) a copy of the executed Pooling and Servicing Agreement, and (ii) an incumbency certificate verifying the true signatures and authority of the person or persons signing this letter agreement on behalf of the Counterparty

Upon the execution and delivery of this Agreement and such Confirmation

Yes

 

 



 

 

BNY

Any documents required by the receiving party to evidence the authority of the delivering party or its Credit Support Provider, if any, for it to execute and deliver this Agreement, any Confirmation, and any Credit Support Documents to which it is a party, and to evidence the authority of the delivering party or its Credit Support Provider to perform its obligations under this Agreement, such Confirmation and/or Credit Support Document, as the case may be

Upon the execution and delivery of this Agreement

Yes

 

BNY

A copy of the most recent publicly available regulatory call report.

 

Promptly after request by the other party

Yes

 

Counterparty

Certified copy of the Board of Directors resolution (or equivalent authorizing documentation) which sets forth the authority of each signatory to the Confirmation signing on its behalf and the authority of such party to enter into Transactions contemplated and performance of its obligations hereunder.

Upon the execution and delivery of this Agreement

Yes

 

 



 

 

5) Miscellaneous.

 

(a)

Address for Notices: For the purposes of Section 12(a) of this Agreement:

 

 

Address for notices or communications to BNY:

 

 

The Bank of New York

 

 

Swaps and Derivative Products Group

 

Global Markets Derivatives

 

 

32 Old Slip 15th Floor

 

 

New York, New York 10286

 

 

Attention: Steve Lawler

 

 

 

with copy to:

 

 

The Bank of New York

 

 

Swap Support

 

 

32 Old Slip 16th Floor

 

 

New York, New York 10286

 

Attention: Andrew Schwartz

 

 

Telephone: 212-804-5127

 

 

Fax: 212-804-5818/5837

 

 

 

(For all purposes)

 

 

Address for notices or communications to the Counterparty:

 

 

Deutsche Bank National Trust Company,

1761 East St. Andrew Place

Santa Ana, CA 92705

attn: Trust Admin

Ref: Soundview Home Loan Trust 2005-CTX1

 

(For all purposes)

 

 



 

(b)

Process Agent. For the purpose of Section 13(c):

 

 

BNY appoints as its

 

 

Process Agent:

Not Applicable

 

 

The Counterparty appoints as its

 

 

Process Agent:

Not Applicable

 

(c)

Offices. The provisions of Section 10(a) will not apply to this Agreement; neither BNY nor the Counterparty have any Offices other than as set forth in the Notices Section and BNY agrees that, for purposes of Section 6(b) of this Agreement, it shall not in future have any Office other than one in the United States.

 

(d)

Multibranch Party. For the purpose of Section 10(c) of this Agreement:

 

 

BNY is not a Multibranch Party.

 

The Counterparty is not a Multibranch Party.

 

(e)

Calculation Agent. The Calculation Agent is BNY.

 

(f)

Credit Support Document. Not applicable for either BNY or the Counterparty.

 

(g)

Credit Support Provider.

 

 

BNY:

Not Applicable

 

 

The Counterparty:

Not Applicable

 

(h)

Governing Law. The parties to this Agreement hereby agree that the law of the State of New York shall govern their rights and duties in whole, without regard to conflict of law provisions thereof other than New York General Obligations Law Sections 5-1401 and 5-1402.

 

(i)

Severability.     If any term, provision, covenant, or condition of this Agreement, or the application thereof to any party or circumstance, shall be held to be invalid or unenforceable (in whole or in part) for any reason, the remaining terms, provisions, covenants, and conditions hereof shall continue in full force and effect as if this Agreement had been executed with the invalid or unenforceable portion eliminated, so long as this Agreement as so modified continues to express, without material change, the original intentions of the parties as to the subject matter of this Agreement and the deletion of such portion of this Agreement will not substantially impair the respective benefits or expectations of the parties.

 

The parties shall endeavor to engage in good faith negotiations to replace any invalid or unenforceable term, provision, covenant or condition with a valid or enforceable term,

 



provision, covenant or condition, the economic effect of which comes as close as possible to that of the invalid or unenforceable term, provision, covenant or condition.

 

(j)

Consent to Recording. Each party hereto consents to the monitoring or recording, at any time and from time to time, by the other party of any and all communications between officers or employees of the parties, waives any further notice of such monitoring or recording, and agrees to notify its officers and employees of such monitoring or recording.

 

(k)

Waiver of Jury Trial.   Each party waives any right it may have to a trial by jury in respect of any Proceedings relating to this Agreement or any Credit Support Document.

 

(l)

Limitation of Liability.              It is expressly understood and agreed by the parties hereto that (a) this letter agreement is executed and delivered by Deutsche Bank National Trust Company (“DBNTC”), not individually or personally but solely as trustee, in the exercise of the powers and authority conferred and vested in it, (b) the representations, undertakings and agreements herein made on the part of the trust created pursuant to the Pooling and Servicing Agreement , are made and intended not as personal representations, undertakings and agreements by DBNTC but are made and intended for the purpose of binding only the trust created pursuant to the Pooling and Servicing Agreement (c) nothing herein contained shall be construed as creating any liability on DBNTC, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties who are signatories to this letter agreement and by any person claiming by, through or under such parties and (d) under no circumstances shall DBNTC be personally liable for the payment of any indebtedness or expenses of the trust created pursuant to the Pooling and Servicing Agreement, or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the trust created pursuant to the Pooling and Servicing Agreement , under this letter agreement.

 

(m)

Proceedings. BNY shall not institute against or cause any other person to institute against, or join any other person in instituting against the Counterparty, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other proceedings under any of the laws of the United States or any other jurisdiction for a period of one year and one day (or, if longer, the applicable preference period) following indefeasible payment in full of the ________. This provision will survive the termination of this Agreement (the “Certificates”).

 

(n)

The ISDA Form Master Agreement in hereby amended as follows:

The word “third” shall be replaced by the word “second” in the third line of Section 5(a)(i) of the ISDA Form Master Agreement.

 

(o)

“Affiliate” will have the meaning specified in Section 14 of the ISDA Form Master Agreement, provided that the Counterparty shall be deemed to not have any Affiliates for purposes of this Agreement, including for purposes of Section 6(b)(ii).

 



 

6) Section 3 of the ISDA Form Master Agreement is hereby amended by adding at the end thereof the following subsection (g):

 

 

“(g)

Relationship Between Parties.

 

Each party represents to the other party on each date when it enters into a Transaction that:

 

(1) Nonreliance. It is not relying on any statement or representation of the other party regarding the Transaction (whether written or oral), other than the representations expressly made in this Agreement or the Confirmation in respect of that Transaction.

 

(2) Evaluation and Understanding.

 

(i) BNY is acting for its own account and Counterparty is acting as Trustee, as authorized under the Pooling and Servicing Agreement. Each Party has the capacity to evaluate (internally or through independent professional advice) the Transaction and has made its own decision to enter into the Transaction; it is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into such transaction; it being understood that information and explanations related to the terms and conditions of such transaction shall not be considered investment advice or a recommendation to enter into such transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of the transaction; and

 

(ii) It understands the terms, conditions and risks of the Transaction and is willing and able to accept those terms and conditions and to assume (and does, in fact assume) those risks, financially and otherwise.

 

(3) Purpose. (A) It is an “eligible contract participant” within the meaning of Section 1a(12) of the Commodity Exchange Act, as amended; (B) this Agreement and each Transaction is subject to individual negotiation by such party; and (C) neither this Agreement nor any Transaction will be executed or traded on a “trading facility” within the meaning of Section 1a(33) of the Commodity Exchange Act, as amended.

 

(4) Status of Parties. The other party is not acting as a fiduciary, agent or an advisor for it in respect of this Transaction.

 

7)

Set-off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The last sentence of the first paragraph of Section 6(e) of the ISDA Form Master Agreement shall not apply for purposes of this Transaction.

 



 

8)

Additional Termination Events. Additional Termination Events will apply. If a Ratings Event (as defined below) has occurred and BNY has not, within 30 days, complied with Section 9 below, then an Additional Termination Event shall have occurred with respect to BNY and BNY shall be the sole Affected Party with respect to such an Additional Termination Event.

 

9)

Ratings Event. If a Ratings Event (as defined below) occurs with respect to BNY (or any applicable credit support provider), then BNY shall within thirty (30) days of such Rating Event, at its own expense, (i) assign this Transaction to a third party that meets or exceeds, or as to which any applicable credit support provider meets or exceeds, the Approved Ratings Thresholds (as defined below) on terms substantially similar to this Confirmation or, (ii) obtain a guaranty of, or a contingent agreement of, another person with the Approved Rating Thresholds to honor BNY’s obligations under this Agreement. For purposes of this Transaction, a “Ratings Event” shall occur with respect to BNY (or any applicable credit support provider) if its short-term unsecured and unsubordinated debt rating is withdrawn or reduced below “A-1” by Standard & Poor’s, a division of The McGraw-Hill Companies, Inc. (“S&P”) or its short-term unsecured and unsubordinated debt rating is withdrawn or reduced below “F-1” by Fitch Ratings, Inc. (“Fitch”) (including in connection with a merger, consolidation or other similar transaction by BNY or any applicable credit support provider) such ratings being referred to herein as the “Approved Ratings Thresholds.”

 

10)

Additional Provisions. Notwithstanding the terms of Sections 5 and 6 of the ISDA Form Master Agreement, if Counterparty has satisfied its payment obligations under Section 2(a)(i) of the ISDA Form Master Agreement, then unless BNY is required pursuant to appropriate proceedings to return to Counterparty or otherwise returns to Counterparty upon demand of Counterparty any portion of such payment, (a) the occurrence of an event described in Section 5(a) of the ISDA Form Master Agreement with respect to Counterparty shall not constitute an Event of Default or Potential Event of Default with respect to Counterparty as the Defaulting Party and (b) BNY shall be entitled to designate an Early Termination Date pursuant to Section 6 of the ISDA Form Master Agreement only as a result of a Termination Event set forth in either Section 5(b)(i) or Section 5(b)(ii) of the ISDA Form Master Agreement with respect to BNY as the Affected Party or Section 5(b)(iii) of the ISDA Form Master Agreement with respect to BNY as the Burdened Party. For purposes of the Transaction to which this Agreement relates, Counterparty’s only obligation under Section 2(a)(i) of the ISDA Form Master Agreement is to pay the Fixed Amount on the Fixed Rate Payer Payment Date.

 

11)

BNY will, unless otherwise directed, make all payments hereunder to the Trustee. Payment made to the Trustee at the account specified herein or to another account specified in writing by the Trustee shall satisfy the payment obligations of BNY hereunder to the extent of such payment.

 

 

 



 

5.

Account Details and

 

Settlement Information:

Payments to BNY:

The Bank of New York

Derivative Products Support Department

32 Old Slip, 16th Floor

New York, New York 10286

Attention: Renee Etheart

ABA #021000018

Account #890-0068-175

Reference: Interest Rate Caps

 

Payments to Counterparty:

 

 

Deutsche Bank National Trust Company

ABA # 021001033

ACCT# 01419663

ACCT NAME: NYLTD FUNDS CONTROL/STARS WEST

REF Trust Admin, Soundview Home Loan Trust 2005-CTX1

 

This Agreement may be executed in several counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

 

Please confirm that the foregoing correctly sets forth the terms of our agreement by executing this agreement and returning it via facsimile to Derivative Products Support Dept., Attn: Dax Braga/Kenny Au-Yeung at 212-804-5818/5837. Once we receive this we will send you two original confirmations for execution.

 



 

We are very pleased to have executed this Transaction with you and we look forward to completing other transactions with you in the near future.

 

Very truly yours,

 

THE BANK OF NEW YORK

 

 

By:

_______________________________

 

Name: Stephen M. Lawler

 

 

Title:

Managing Director

 

 

 



 

Counterparty, acting through its duly authorized signatory, hereby agrees to, accepts and confirms the terms of the foregoing as of the Trade Date.

 

JPMorgan Chase Bank, N.A., not individually, but solely as Trustee on behalf of Soundview Home Loan Trust 2005-CTX1, Asset-Backed Certificates, Series 2005-CTX1

 

 

By:

_______________________________

 

Name:

 

 

Title:

 

 

 

 



 

SCHEDULE I

 

All dates subject to adjustment in accordance with the Following Business Day Convention.

 

Accrual Start
Date

Accrual End
Date

Notional Amount
in USD

Cap Rate (%)

Ceiling
Rate (%)

02/25/06

03/25/06

120,001,000.00

7.921900

10.50

03/25/06

04/25/06

120,001,000.00

7.155970

10.50

04/25/06

05/25/06

120,001,000.00

7.394340

10.50

05/25/06

06/25/06

120,001,000.00

7.156090

10.50

06/25/06

07/25/06

120,001,000.00

7.395370

10.50

07/25/06

08/25/06

120,001,000.00

7.162310

10.50

08/25/06

09/25/06

120,001,000.00

7.174760

10.50

09/25/06

10/25/06

120,001,000.00

7.416910

10.50

10/25/06

11/25/06

120,001,000.00

7.178970

10.50

11/25/06

12/25/06

120,001,000.00

7.419640

10.50

12/25/06

01/25/07

120,001,000.00

7.181640

10.50

01/25/07

02/25/07

120,001,000.00

7.187290

10.50

02/25/07

03/25/07

120,001,000.00

7.970170

10.50

03/25/07

04/25/07

120,001,000.00

7.201430

10.50

04/25/07

05/25/07

120,001,000.00

7.443150

10.50

05/25/07

06/25/07

120,001,000.00

7.204670

10.50

06/25/07

07/25/07

120,001,000.00

7.449840

10.50

07/25/07

08/25/07

120,001,000.00

7.322420

10.50

08/25/07

09/25/07

120,001,000.00

9.225670

10.50

09/25/07

10/25/07

120,001,000.00

9.533840

10.50

10/25/07

11/25/07

120,001,000.00

9.225290

10.50

11/25/07

12/25/07

120,001,000.00

9.531710

10.50

12/25/07

01/25/08

120,001,000.00

9.219760

10.50

01/25/08

02/25/08

120,001,000.00

9.273280

10.50

02/25/08

03/25/08

0.00

0.000000

0.00

03/25/08

04/25/08

120,001,000.00

10.190770

10.50

04/25/08

05/25/08

0.00

0.000000

0.00

05/25/08

06/25/08

120,001,000.00

10.188460

10.50

06/25/08

07/25/08

0.00

0.000000

0.00

07/25/08

08/25/08

120,001,000.00

10.351050

10.50

 

 

 

 

 



 

SCHEDULE I

PREPAYMENT CHARGE SCHEDULE

Available Upon Request