FWP 1 file1.htm



The issuer has filed a registration statement (including a prospectus) with the
SEC for the offering to which this communication relates. Before you invest, you
should read the prospectus in that registration statement and other documents
the issuer has filed with the SEC for more complete information about the issuer
and this offering. You may get these documents for free by visiting EDGAR on the
SEC Website at www.sec.gov. Alternatively, the issuer, any underwriter or any
dealer participating in the offering will arrange to send you the prospectus if
you request it by calling toll-free 1-877-858-5407. Any legends, disclaimers or
notices that appear below are not applicable to this message and should be
disregarded. Such text has been automatically generated via bloomberg or another
system.





CMBS STRESS ANALYSIS
Effect on average life and yield





1) Prepayment Analysis:

        After YMP               50% and 100%CPR                      SEE FREE WRITING PROSPECTUS FOR THIS INFORMATION (ATTACHED)
                                (Change in Average Life)             CHANGE IN WAL

2)      Extension Analysis:                                          SEE NEXT PAGE. SEE LOAN LIST IN THIS SHEET

        Assume 2 year extension for approximately 30% of the loans
        (starting with the lowest coupon loans).


3) Default Analysis:                                                 SEE NEXT PAGE

              Assume CPR=0%
              Assume defaults start in month 1
              Assume 1-year recovery period.
              Apply 1% CDR with 25% and 50% loss severity.
              Apply 2.5% CDR with 40% loss severity.

4) Combination Default and Prepay:                                   SEE NEXT PAGE

              After YMP         50% CPR
              Assume defaults start in month 1
              Assume 1-year recovery period.
              Apply 1.8% CDR with 40% loss severity.






 Class     Ratings            Balance         Coupon       WAL      Base Px
 =====     =======            =======         ======       ===          ===

   A-3  Aaa/NR/AAA    $831,310,000.00         5.7209     9.619     100.2500
   A-M  Aaa/NR/AAA    $226,353,000.00         5.7209     9.843     100.0000
   A-J  Aaa/NR/AAA    $164,107,000.00         5.7209     9.918      99.7500
     B   Aa2/NR/AA     $50,929,000.00         5.7209     9.961      99.0000
     C  Aa3/NR/AA-     $25,465,000.00         5.7209     9.961      98.7500







     A-3  Scen.10 Scen.11  Scen.12 Scen.13        A-J  Scen.10 Scen.11 Scen.12 Scen.13          B  Scen.10  Scen.11 Scen.12  Scen.13

  99.500    5.927   5.927    5.928   5.928     99.250    5.967   5.968   5.969   5.968     98.250    6.106    6.106   6.106    6.107
  99.750    5.892   5.892    5.892   5.892     99.500    5.933   5.934   5.935   5.934     98.500    6.072    6.072   6.072    6.072
 100.000    5.857   5.857    5.856   5.856     99.750    5.899   5.900   5.901   5.900     98.750    6.037    6.037   6.037    6.038
 100.250    5.822   5.822    5.820   5.821    100.000    5.865   5.866   5.867   5.866     99.000    6.003    6.003   6.003    6.003
 100.500    5.787   5.788    5.785   5.786    100.250    5.831   5.832   5.833   5.832     99.250    5.969    5.969   5.969    5.969
 100.750    5.752   5.753    5.749   5.751    100.500    5.797   5.799   5.799   5.798     99.500    5.935    5.935   5.935    5.935
 101.000    5.717   5.718    5.714   5.716    100.750    5.764   5.765   5.766   5.765     99.750    5.901    5.901   5.901    5.901

     WAL    9.465   9.556    9.265   9.372        WAL    9.925   9.947   9.961   9.937        WAL    9.961    9.961   9.961    9.961
FirstPay   88.000  94.000   81.000  81.000   FirstPay  119.000 119.000 120.000 119.000   FirstPay  120.000  120.000 120.000  120.000
 LastPay  118.000 118.000  118.000 118.000    LastPay  120.000 120.000 120.000 120.000    LastPay  120.000  120.000 120.000  120.000




     A-M  Scen.10 Scen.11  Scen.12 Scen.13          C  Scen.10 Scen.11 Scen.12 Scen.13


  98.000    6.138   6.138    6.139   6.139     98.000    6.141   6.141   6.141   6.141
  98.250    6.103   6.103    6.104   6.104     98.250    6.106   6.106   6.106   6.107
  98.500    6.068   6.069    6.069   6.069     98.500    6.072   6.072   6.072   6.072
  98.750    6.034   6.034    6.034   6.034     98.750    6.037   6.037   6.037   6.038
  99.000    5.999   5.999    6.000   6.000     99.000    6.003   6.003   6.003   6.003
  99.250    5.965   5.965    5.965   5.965     99.250    5.969   5.969   5.969   5.969
  99.500    5.930   5.931    5.931   5.931     99.500    5.935   5.935   5.935   5.935

     WAL    9.841   9.857    9.864   9.842        WAL    9.961   9.961   9.961   9.961
FirstPay  118.000 118.000  118.000 118.000   FirstPay  120.000 120.000 120.000 120.000
 LastPay  119.000 119.000  120.000 119.000    LastPay  120.000 120.000 120.000 120.000

Scenario 10 => 0 CPY / 1 CDR / 75 Recovery & 12 Lag
Scenario 11 => 0 CPY / 1 CDR / 50 Recovery & 12 Lag
Scenario 12 => 0 CPY / 2.5 CDR / 60 Recovery & 12 Lag
Scenario 13 => 50 CPY / 1.8 CDR / 60 Recovery & 12 Lag






           LOAN                                                                                MORTGAGE                 EXTENSION
ORIGINAL   NUMBER       ISSUER            NAME                                CURRENTBALANCE     RATE        COUPON      (1=YES)

----------------------------------------------------------------------------------------------------------------------------------

1          7017582     CGM      ShopKo Portfolio                              200,000,000.00   6.5875%     6.5875
2          7017582-1            10808 South 132nd Street                                                      0
3          7017582-2            700 Pilgrim Way                                                               0
4          7017582-3            1717 Lawrence Drive                                                           0
5          7017582-4            301 Bay Park Square                                                           0
6          7017582-5            55 Lake Boulevard                                                             0
7          7017582-6            217 West Ironwood Drive                                                       0
8          7017582-7            1001 East Gowen Road                                                          0
9          7017582-8            801 West Central Entrance (Highway 53)                                        0
10         7017582-9            4161 Second Street South (Highway 23)                                         0
11         7017582-10           7401 Mineral Point Road                                                       0
12         7017582-11           1000 West Northland Avenue                                                    0
13         7017582-12           2201 Zeier Road                                                               0
14         7017582-13           1850 Madison Avenue                                                           0
15         7017582-14           2820 Highway 63 South                                                         0
16         7017582-15           3708 Highway 63 North                                                         0
17         7017582-16           3200 Broadway Street                                                          0
18         7017582-17           2430 East Mason Street                                                        0
19         7017582-18           867 North Columbia Center Boulevard                                           0
20         7017582-19           14445 West Center Road                                                        0
21         7017582-20           5646 North 90th Street                                                        0
22         7017582-21           616 West Johnson Street                                                       0
23         7017582-22           1150 West Washington Street                                                   0
24         7017582-23           1601 West 41st Street                                                         0
25         7017582-24           1845 Haines Avenue                                                            0
26         7017582-25           699 Green Bay Road                                                            0
27         7017582-26           955 West Clairemont Avenue                                                    0
28         7017582-27           1100 East Riverview Expressway                                                0
29         7017582-28           2510 South Reserve Street                                                     0
30         7017582-29           1300 Koeller Street                                                           0
31         7017582-30           800 East Maes Street                                                          0
32         7017582-31           North 9520 Newport Highway                                                    0
33         7017582-32           4801 Washington Avenue                                                        0
34         7017582-33           4515 South Regal Street                                                       0
35         7017582-34           1306 North Central Avenue                                                     0
36         7017582-35           2500 US Highway 14                                                            0
37         7017582-36           1209 18th Avenue Northwest                                                    0
38         7017582-37           501 Highway 10 Southeast                                                      0
39         7017582-38           1400 Big Thunder Boulevard                                                    0
40         7017582-39           2101 West Broadway                                                            0
41         7017582-40           2208 North Webb Road                                                          0
42         7017582-41           5300 52nd Street                                                              0
43         7017582-42           905 South 24th Street West                                                    0
44         7017582-43           701 South Church Street                                                       0
45         7017582-44           1964 West Morton Avenue                                                       0
46         7017582-45           4200 South 27th Street                                                        0
47         7017582-46           1710 South Main Street                                                        0
48         7017582-47           1578 Appleton Road                                                            0
49         7017582-48           2761 Prairie Avenue                                                           0
50         7017582-49           9366 State Highway 16                                                         0
51         7017582-50           2602 Shopko Drive                                                             0
52         7017582-51           518 South Taylor Drive                                                        0
53         7017582-52           1553 West 9000 South                                                          0
54         7017582-53           2290 South 1300 East                                                          0
55         7017582-54           405 Cottonwood Drive                                                          0
56         7017582-55           5801 Summit View Avenue                                                       0
57         7017582-56           1900 North Main Street                                                        0
58         7017582-57           1771 Wisconsin Avenue                                                         0
59         7017582-58           4344 Mormon Coulee Road (State Highway 14)                                    0
60         7017582-59           1200 Susan Drive                                                              0
61         7017582-60           2677 South Prairie View Road                                                  0
62         7017582-61           230 North Wisconsin Street                                                    0
63         7017582-62           3415 Calumet Avenue                                                           0
64         7017582-63           700 9th Avenue Southeast                                                      0
65         7017582-64           1105 East Grand Avenue                                                        0
66         7017582-65           1200 Main Street (State Highway 10)                                           0
67         7017582-66           125 Main Street                                                               0
68         7017582-67           190 South 500 West                                                            0
69         7017582-68           500 North Highway 281                                                         0
70         7017582-69           301 Northwest Bypass                                                          0
71         7017582-70           3101 North Montana Avenue                                                     0
72         7017582-71           South 1450 Grand Avenue                                                       0
73         7017582-72           500 South Carpenter Avenue                                                    0
74         7017582-73           4060 Riverdale Road                                                           0
75         7017582-74           615 South Monroe                                                              0
76         7017582-75           1150 North Main Street                                                        0
77         7017582-76           2655 Broadway Avenue                                                          0
78         7017582-77           4850 West 3500 South                                                          0
79         7017582-78           1001 South Highway 15 (State Street)                                          0
80         7017582-79           1450 East Geneva Street                                                       0
81         7017582-80           601 Galvin Road South                                                         0
82         7017582-81           1018 Washington Boulevard                                                     0
83         7017582-82           1777 Paulson Road                                                             0
84         7017582-83           405 West 8th Street                                                           0
85         7017582-84           2610 North Bridge Avenue                                                      0
86         7017582-85           2005 Krenzien Drive                                                           0
87         7017582-86           510 East Philip Avenue                                                        0
88         7017582-87           2530 First Avenue North                                                       0
89         7017582-88           1755 North Humiston Avenue                                                    0
90         7017582-89           2100 Caldwell Boulevard                                                       0
91         7017582-90           900 West Memorial Drive                                                       0
92         7017582-91           2741 Roosevelt Street                                                         0
93         7017582-92           2266 North University Parkway                                                 0
94         7017582-93           1649 Pole Line Road East                                                      0
95         7017582-94           320 County Road O                                                             0
96         7017582-95           4215 Yellowstone Highway                                                      0
97         7017582-96           800 East 17th Street                                                          0
98         7017582-97           1350 North Galena Avenue                                                      0
99         7017582-98           1600 Rose Street                                                              0
100        7017582-99           2530 Rudkin Road                                                              0
101        7017582-100          555 West South Street                                                         0
102        7017582-101          955 North Main Street                                                         0
103        7017582-102          1341 North Main Street                                                        0
104        7017582-103          747 South Main Street                                                         0
105        7017582-104          1425 Janesville Avenue                                                        0
106        7017582-105          2120 Thain Grade                                                              0
107        7017582-106          3705 Monroe Road                                                              0
108        7017582-107          2585 Lineville Road                                                           0
109        7017582-108          1190 North 6th Street                                                         0
110        7017582-109          1450 West Main Avenue                                                         0
111        7017582-110          East 13414 Sprague Avenue                                                     0
112        7017582-111          313 North Roosevelt Avenue                                                    0
113        7017582-112          1011 North Wisconsin Street                                                   0
114        7016221     CGM      Olen Pointe Brea Office Park                  133,000,000.00   5.5000%       5.5                1
115        7016306     CGM      Reston Executive Center                        93,000,000.00   5.5720%      5.572
116        7015436     CGM      Reckson II Office Portfolio                    72,000,000.00   5.3225%      5.3225              1
117        7015436-1            6800 Jericho                                                                  0                 1
118        7015436-2            55 Charles Lindbergh Boulevard                                                0                 1
119        7015436-3            555 White Plains Road                                                         0                 1
120        7015436-4            560 White Plains Road                                                         0                 1
121        7015436-5            200 Broadhollow Road                                                          0                 1
122        7015436-6            10 Rooney Circle                                                              0                 1
123        7015436-7            North Atrium II                                                               0                 1
124        7016319     CGM      Great Wolf Resorts Portfolio                   63,000,000.00   6.0800%      6.08
125        7016319-1            Great Wolf Resort - Sandusky, OH                                              0                 1
126        7016319-2            Great Wolf Resort - Wisconsin Dells                                           0                 1
127        7014412     CGM      20 North Orange                                42,695,000.00   5.3100%      5.31                1
128                             Kratsa Portfolio                                                              0                 1
129        7016966     CGM      SpringHill Suites - North Shore                19,762,500.00   5.8800%      5.88
130        7016964     CGM      Holiday Inn Express - South Side                9,487,500.00   5.8800%      5.88
131        7016956     CGM      Holiday Inn Express - Bridgeville               4,670,000.00   5.8800%      5.88
132        7016965     CGM      Comfort Inn - Meadowlands                       4,350,000.00   5.8800%      5.88
133                             GT Portfolio                                                                  0                 1
134        7015935     CGM      Sara Road 300                                   9,615,000.00   5.4400%      5.44                1
135        7015930     CGM      JCG III                                         7,623,000.00   5.4400%      5.44                1
136        7015938     CGM      Liberty Business Park                           6,763,000.00   5.4400%      5.44                1
137        7015934     CGM      Sara Road 80                                    6,340,000.00   5.4400%      5.44                1
138        7015932     CGM      JCG V                                           4,131,000.00   5.4400%      5.44                1
139        7015933     CGM      6100 Center                                     1,510,000.00   5.4400%      5.44                1
140        7015936     CGM      Beverly Terrace                                 1,297,000.00   5.4400%      5.44                1
141        7015931     CGM      JCG IV                                            721,000.00   5.4400%      5.44                1
142        7016564     CGM      Woodstream Apartments                          33,000,000.00   5.9400%      5.94
143        7013058     CGM      DuBois Mall                                    32,812,500.00   6.4100%      6.41
144        7015168     CGM      Riverview Tower                                30,250,000.00   5.4850%      5.485               1
145        7015719     CGM      Lakeland Town Center                           26,700,000.00   5.4700%      5.47                1
146        7015697     CGM      Northeast Florida Industrial                   26,500,000.00   5.6000%       5.6
147        7016710     CGM      Bristol Pointe Apartment Homes                 25,600,000.00   5.4900%      5.49                1
148        7013147     CGM      Sweet Bay Shopping Center                      22,955,854.73   5.7836%      5.7836
149        7016157     CGM      Bossier Corners                                22,500,000.00   5.4500%      5.45                1
150        7015714     CGM      Mallard Crossing Apartments                    22,167,000.00   5.6850%      4.435(12)/
                                                                                                            4.685(12)/
                                                                                                            4.810(12)/
                                                                                                            4.935(12)/
                                                                                                            5.185(12)/
                                                                                                            5.31112)/
                                                                                                            5.435(12)/
                                                                                                            5.685(12)/
                                                                                                            5.685(12)/
                                                                                                            5.685
151        7017195     CGM      Plaza at the Pointe                            21,900,000.00   5.7800%      5.78
152        7016226     CGM      Treetops Apartments                            20,000,000.00   5.5300%      5.53
153        7016101     CGM      Locke Drive                                    19,900,000.00   5.6400%      5.64
154        7016499     CGM      Milestone                                      19,900,000.00   5.5800%      5.58
155        7016186     CGM      290 Concord Road                               19,895,714.89   5.6500%      5.65
156        7016500     CGM      Virginia Gateway                               19,815,000.00   5.5800%      5.58
157        7015972     CGM      The Sterling and Joseph Vance Building         18,800,000.00   6.0450%      6.045
158        7016671     CGM      Wolf Creek Apartments                          17,500,000.00   5.5500%      5.55
159        7016777     CGM      Party City                                     17,480,000.00   5.6800%      5.68
160        7016415     CGM      Collier Health Park                            17,120,000.00   5.6600%      5.66
161        7015400     CGM      Beverly Garland's Holiday Inn                  16,659,061.47   6.0300%      6.03
162        7016062     CGM      Acme Plaza Shopping Center I (Shelvin)         16,250,000.00   5.7650%      5.765
163        7016340     CGM      AmeriCold Warehouse                            16,200,000.00   5.7700%      5.77
164        7016131     CGM      Promontory Apartments                          16,000,000.00   5.4900%      5.49                1
165        7015512     CGM      Doubletree Suites - Tukwila, WA                15,881,825.18   5.7710%      5.771
166        7016000     CGM      Hilton Garden Inn - Glen Allen, VA             15,558,229.72   6.1050%      6.105
167        7016158     CGM      Desert Inn Office Center                       15,540,000.00   5.5600%      5.56
168        7016362     CGM      Hidden Valley Club Apartments                  15,190,000.00   5.7600%      5.76
169        7012842     CGM      Wal-Mart Fremont                               14,904,880.26   5.4950%      5.495               1
170        7015496     CGM      Four Winds Apartments                          14,800,000.00   5.6250%      4.375(12)/
                                                                                                            4.625(12)/
                                                                                                            4.750(12)/
                                                                                                            4.875(12)/
                                                                                                            5.125(12)/
                                                                                                            5.251(12)/
                                                                                                            5.375(12)/
                                                                                                            5.625(12)/
                                                                                                            5.625(12)/
                                                                                                            5.625
171                             Beau Rivage Portfolio                                                         0                 1
172        7016444     CGM      Beau Rivage Apartments 192                      8,879,000.00   5.6650%      5.665
173        7016445     CGM      Beau Rivage Apartments 132                      5,846,000.00   5.6650%      5.665
174        7016424     CGM      Mendocino Marketplace                          14,600,000.00   5.2300%      5.23                1
175        7015862     CGM      60 Frontage Road                               14,500,000.00   5.5800%      5.58
176        7016744     CGM      1723 Walnut Street                             14,487,323.99   5.7950%      5.795
177        7015145     CGM      Demonbreun Center                              14,360,000.00   5.7790%      5.779
178                             Curat Multifamily Portfolio                                                   0                 1
179        7016532     CGM      Autumnwood Apartments                           7,063,125.43   5.6700%      5.67
180        7015996     CGM      Silvercreek Apartments                          7,063,125.43   5.6700%      5.67
181        7016132     CGM      Hilands II Apartments                          14,000,000.00   5.5150%      5.515               1
182        7016388     CGM      Meadows Apartments                             13,472,999.49   5.5950%      5.595
183        7016604     CGM      Marriott Fairfield Inn & Suites                13,257,088.85   6.2600%      6.26
                                  Alpharetta Portfolio
184        7016604-1            Marriot TownePlace Suites                                                     0                 1
185        7016604-2            Fairfield Inn & Suites - Alpharetta, GA                                       0                 1
186        7016604-3            Marriott Fairfield Inn & Suites - Macon, GA                                   0                 1
187        7015349     CGM      Whole Foods                                    13,000,000.00   6.1000%       6.1
188        7016321     CGM      State & Perryville Shopping Center             12,850,000.00   6.1540%      6.154
189        7015914     CGM      Stonehenge Apartments                          12,305,040.06   5.7400%      5.74
190        7015914-1            Starkville Crossing                                                           0                 1
191        7015914-2            Stonehenge Apts                                                               0                 1
192        7015782     CGM      1210-1230 Washington Street                    12,300,000.00   5.5400%      5.54
193        7016539     CGM      Melrose Place                                  12,000,000.00   6.0300%      6.03
194        7012728     CGM      Blankenbaker Parkway Office                    11,717,659.97   5.8650%      5.865
195        7016605     CGM      Marriott Fairfield Inn & Suites                11,679,814.72   6.2600%      6.26
                                  Buckhead Portfolio
196        7016605-1            Fairfield Inn & Suites - Atlanta
                                  (Buckhead), GA                                                                0                 1
197        7016605-2            SpringHill Suites Atlanta/ Alpharetta                                         0                 1
198        7016607     CGM      Marriott Fairfield Inn & Suites                11,589,970.00   6.2600%      6.26
                                   Atlanta Portfolio
199        7016607-1            Marriott Fairfield Inn & Suites -
                                Atlanta/Perimeter Center                                                      0                 1
200        7016607-2            Marriott TownePlace Suites                                                    0                 1
201        7015754     CGM      One Theall Road                                11,400,000.00   6.2400%      6.24
202        7015716     CGM      Washingtonian Center                           11,150,000.00   5.6680%      5.668
203        7015912     CGM      WalMart Supercenter - Dahlonega, GA            11,004,000.00   5.5000%       5.5                1
204        7015677     CGM      Hilltop Square Shopping Center                 10,953,250.82   5.7000%       5.7
205        7016045     CGM      Prestige Portfolio I                           10,405,000.00   5.5330%      5.533
206        7014413     CGM      Sav-A-Center - Metairie, LA                    10,069,086.88   5.8900%      5.89
207        7015658     CGM      Natchez Mall                                    9,528,182.19   5.6900%      5.69
208        7015798     CGM      Courtyard by Marriott - Huntersville, NC        9,429,933.55   5.7800%      5.78
209        7015182     CGM      The Minolta Building                            9,300,000.00   5.6400%      5.64
210        7016214     CGM      Alfa Laval Building                             9,100,000.00   5.5150%      5.515
211        7015882     CGM      KingsPark                                       8,800,000.00   5.5500%      5.55
212        7016082     CGM      50 Division Street                              8,579,099.25   5.9500%      5.95
213        7015842     CGM      Northwood Village                               8,550,000.00   5.5200%      5.52
214        7016109     CGM      Riverfront Business Park                        8,400,000.00   5.5200%      5.52
215        7016455     CGM      Franklin Center Office Building                 8,250,000.00   5.5600%      5.56
216        7016334     CGM      Aurora - Wilkinson Medical Clinic(Hartland)     8,200,000.00   5.5140%      5.514               1
217        7015554     CGM      5 & 105 Shawmut Road                            8,014,417.28   5.4900%      5.49                1
218        7015845     CGM      Walgreen's- Henderson, NV                       7,900,000.00   5.7900%      5.79
219        7016310     CGM      Oglethorpe Crossing                             7,500,000.00   5.6950%      5.695
220        7016627     CGM      Tustin Square                                   7,500,000.00   5.4900%      5.49                1
221        7016180     CGM      Spring Meadow Apartments                        7,500,000.00   5.6000%       5.6
222        7015594     CGM      Village Square Retail Center                    7,455,000.00   5.6400%      5.64
223        7015489     CGM      Niagara County Office Buildings                 7,430,000.00   5.6600%      5.66
224        7015309     CGM      Regency at Chandler Park                        7,275,000.00   5.4600%      5.46                1
225        7016335     CGM      Aurora - Edgerton Health Center                 7,240,000.00   5.5140%      5.514               1
226        7015461     CGM      Spalding Triangle                               7,000,000.00   5.6300%      5.63
227        7016250     CGM      6201 Fairview Road                              6,940,000.00   5.4900%      5.49                1
228        7016679     CGM      La Quinta Inn Winter Park                       6,892,201.69   6.6050%      6.605
229        7016083     CGM      Apple Creek Apartments                          6,600,000.00   5.4630%      5.463               1
230        7016483     CGM      Millport Apartments                             6,132,921.72   5.6750%      5.675
231        7015208     CGM      Parker Marketplace                              6,059,995.36   5.7710%      5.771
232        7014666     CGM      Holiday Inn - Lumberton, NC                     5,964,649.56   5.3600%      5.36                1
233        7015141     CGM      Winter Park Plaza                               6,000,000.00   5.6050%      5.605
234        7016548     CGM      Village Green MHP                               6,000,000.00   5.3600%      5.36                1
235        7015126     CGM      Andover Business Center                         5,868,991.07   5.6100%      5.61
236        7015523     CGM      Crystal Lake Apartments                         5,865,000.00   5.2500%      5.25                1
237        7016333     CGM      Aurora - Bluemond Health Center                 5,840,000.00   5.5180%      5.518
238        7015116     CGM      Office Depot Plaza                              5,720,136.79   5.6700%      5.67
239                             G4 Portfolio                                                                  0                 1
240        7015847     CGM      United Supermarket - Lubbock, TX                3,583,130.00   5.6900%      5.69
241        7016758     CGM      Advance Auto Parts - Cleveland, OH              1,120,980.00   5.6900%      5.69
242        7016757     CGM      Advance Auto Parts - Denton Township, MI        1,015,890.00   5.6900%      5.69
243        7013202     CGM      Highland Plaza                                  5,500,000.00   5.5350%      5.535
244        7016146     CGM      Kipling Manor Apartments                        5,500,000.00   5.5950%      5.595
245        7015634     CGM      Barcelone Building                              5,350,000.00   5.4280%      5.428               1
246        7015485     CGM      Cypress Grove Plaza                             5,318,235.01   5.6700%      5.67
247        7015902     CGM      Holiday Inn Express - Mooresville               5,267,694.39   5.6950%      5.695
248        7016336     CGM      Aurora - Airport Health Center                  5,120,000.00   5.5170%      5.517
249        7016405     CGM      MLK Plaza                                       5,080,000.00   5.4400%      5.44                1
250        7016943     CGM      Fairfield Inn - Myrtle Beach, SC                5,036,062.11   5.9300%      5.93
251        7016410     CGM      Willow Creek                                    4,984,768.43   5.4200%      5.42                1
252        7014838     CGM      Barclay Square                                  4,989,402.83   5.3250%      5.325               1
253        7016046     CGM      Prestige Portfolio II                           4,805,000.00   5.5330%      5.533
254        7013380     CGM      Circuit City - Redding, CA                      4,767,517.24   5.2538%     5.2538               1
255        7014226     CGM      United Supermarket - Plainview, TX              4,753,131.80   5.4000%       5.4                1
256        7015412     CGM      Grace Street Apartments                         4,750,000.00   5.4250%      5.425               1
257        7016941     CGM      Holiday Inn Express - Myrtle Beach, SC          4,686,916.00   5.8800%      5.88
258        7015846     CGM      Walgreen's - Orange, CT                         4,500,000.00   5.7900%      5.79
259        7014998     CGM      Bird in Hand                                    4,100,000.00   5.8100%      5.81
260        7016141     CGM      GSA - Mission Viejo, CA                         4,045,121.50   6.2920%      6.292
261        7015100     CGM      Barnes and Noble                                3,996,501.37   5.7930%      5.793
262        7015101     CGM      Best Buy-Portage                                3,996,410.95   5.6930%      5.693
263        7015358     CGM      Bassett Creek Medical Building                  3,890,000.00   5.6300%      5.63
264        7016372     CGM      Pasco Rite Aid                                  3,838,865.54   5.6500%      5.65
265        7015818     CGM      Mill & Main                                     3,689,078.23   5.5600%      5.56
266        7013861     CGM      CVS - Port Richey, FL                           3,541,365.12   5.3900%      5.39                1
267        7014671     CGM      Shoppes at Cranberry Commons                    3,520,000.00   5.5100%      5.51                1
268        7016227     CGM      Rafael North (Marin) Office                     3,435,032.39   5.5900%      5.59
269        7016251     CGM      155 Founders Plaza                              2,892,000.00   5.5100%      5.51                1
270        7015432     CGM      Best Buy - Fond du Lac, WI                      2,845,738.79   5.5350%      5.535
271        7014842     CGM      Rite Aid - Louisville, KY                       2,357,246.41   5.4900%      5.49                1
272        7015993     CGM      Rite Aid - Manchester, PA                       1,892,135.07   5.8400%      5.84
273        7016348     CGM      Rite Aid - Lancaster, PA                        1,742,742.31   5.8300%      5.83
274        940951782   PNC      Emerald Isle Senior Apartments                 55,000,000.00   5.1900%      5.19                1
275        940952574   PNC      Flower Hill Promenade                          36,500,000.00   5.8200%      5.82
276        940952549   PNC      Bank of America Plaza                          34,800,000.00   5.9200%      5.92
277        940952459   PNC      Logistics Insight Corporation                  19,500,000.00   6.0000%        6
278        940952358   PNC      Northbelt Office Center II                     14,500,000.00   5.7400%      5.74
279        940952589   PNC      Cingular Wireless Building                     14,475,000.00   5.9600%      5.96
280        940952619   PNC      Houston Levee Apartments                       13,500,000.00   5.8000%       5.8
281        940952567   PNC      Pac Bell Directory Office Building             13,200,000.00   5.9400%      5.94
282        940952568   PNC      Rancho Santa Fe                                13,000,000.00   5.9000%       5.9
283        940952515   PNC      Itronix Building                                9,200,000.00   5.8900%      5.89
284        940952539   PNC      Miami Lakes Commons                             8,993,688.75   6.6100%      6.61
285        940952360   PNC      Gateway West Shopping Center                    8,800,000.00   6.1900%      6.19
286        940952374   PNC      Berkley Village - Newport News                  8,659,854.23   6.0200%      6.02
287        940952581   PNC      Wimbledon Place Apartments                      7,750,000.00   6.2800%      6.28
288        940952585   PNC      Holiday Inn Express - Turlock                   7,600,000.00   6.6500%      6.65
289        940952485   PNC      80 West Street                                  7,300,000.00   5.7700%      5.77
290        940952448   PNC      Hotel Bethlehem                                 6,991,360.08   6.1700%      6.17
291        940952534   PNC      Chaparral Townhomes                             6,896,389.40   7.5600%      7.56
292        940952518   PNC      Bolsa Magnolia Center                           6,863,000.00   6.2100%      6.21
293        940952491   PNC      Douglas Station                                 5,648,000.00   6.3000%       6.3
294        940952551   PNC      McCarran Landing Shopping Center                5,500,000.00   5.8100%      5.81
295        940952602   PNC      Sherman Oaks Apartments & Apple Mini Storage    5,155,000.00   5.9300%      5.93
296        940952493   PNC      Comfort Inn & Suites - College Park             4,500,000.00   6.6300%      6.63
297        940952641   PNC      Gateway Plaza - N. Las Vegas                    4,500,000.00   6.2300%      6.23
298        940952431   PNC      Hayden Park Office                              3,397,357.05   6.2400%      6.24
299        940952480   PNC      Crawford Mayfair Apartments                     3,397,342.69   6.2200%      6.22
300        940952642   PNC      Park Westwood Apartments                        2,600,000.00   6.1200%      6.12
301        940952479   PNC      Mayfair Village Apartments                        865,000.00   6.4500%      6.45










 A-3      Scen.21         A-M      Scen.21         A-J      Scen.21               B          Scen.21              C         Scen.21
   98.750   6.028          98.500    6.034          98.000    6.074               97.500       6.134             97.500       6.134
   99.000   5.993          98.750    6.001          98.250    6.043               97.750       6.102             97.750       6.102
   99.250   5.959          99.000    5.969          98.500    6.012               98.000       6.071             98.000       6.071
   99.500   5.924          99.250    5.937          98.750    5.981               98.250       6.040             98.250       6.040
   99.750   5.890          99.500    5.904          99.000    5.950               98.500       6.009             98.500       6.009
  100.000   5.855          99.750    5.872          99.250    5.919               98.750       5.979             98.750       5.979
  100.250   5.821         100.000    5.840          99.500    5.888               99.000       5.948             99.000       5.948
  100.500   5.787         100.250    5.808          99.750    5.858               99.250       5.917             99.250       5.917
  100.750   5.753         100.500    5.776         100.000    5.827               99.500       5.887             99.500       5.887
  101.000   5.719         100.750    5.745         100.250    5.797               99.750       5.856             99.750       5.856
  101.250   5.685         101.000    5.713         100.500    5.767              100.000       5.826            100.000       5.826
  101.500   5.651         101.250    5.682         100.750    5.737              100.250       5.796            100.250       5.796

 WAL        9.762         WAL       10.776         WAL       11.549              WAL          11.628            WAL          11.628
 FirstPay 112.000         FirstPay 120.000         FirstPay 138.000              FirstPay    140.000            FirstPay    140.000
 LastPay  120.000         LastPay  138.000         LastPay  140.000              LastPay     140.000            LastPay     140.000




EXTENSION SCENARIO