FWP 1 file1.htm


Free Writing Prospectus Legend

The issuer has filed a registration statement (including a prospectus) with the
SEC (SEC File No. 333-130408) 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 Web site 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 1-866-500-5408.

Information in this material regarding any assets backing any securities
discussed herein supersedes all prior information regarding such assets.
This material is for your information and none of Merrill Lynch, Pierce, Fenner
& Smith Incorporated, Countrywide Securities Corporation and PNC Capital Markets
(the "Underwriters") are soliciting any action based upon it. The Underwriters
and their affiliates, officers, directors, partners and employees, including
persons involved in the preparation of issuance of this material may, from time
to time, have long or short positions in, and buy and sell, the securities
mentioned herein or derivatives thereof (including options).

Any legends, disclaimers or other notices or language that may appear in the
text of, at the bottom of, or attached to, an email communication to which this
material may have been attached, that are substantantively similar to or in the
nature of the following disclaimers, statements or language, are not applicable
to these materials and should be disregarded:

o disclaimers regarding accuracy or completeness of the information contained
herein or restrictions as to reliance on the information contained herein by
investors;

o disclaimers of responsibility or liability;

o statements requiring investors to read or acknowledge that they have read or
understand the registration statement or any disclaimers or legends;

o language indicating that this communication is neither a prospectus nor an
offer to sell or a solicitation or an offer to buy;

o statements that this information is privileged, confidential or otherwise
restricted as to use or reliance; and

o a legend that information contained in these materials will be superseded or
changed by the final prospectus, if the final prospectus is not delivered until
after the date of the contract for sale.

Such legends, disclaimers or other notices have been automatically generated as
a result of these materials having been sent via the e-mail system pursuant to
which this communication is being transmitted.





               LOAN /    NO. OF   LOAN
     LOAN #    PROPERTY   PROPS  GROUP   ORIGINATOR   PROPERTY NAME                                         ADDRESS
------------------------------------------------------------------------------------------------------------------------------------

20062909010    Loan         1      2    MLML          Hawthorne Groves Apartments             204 Hawthorne Groves Boulevard
20068538001    Loan         1      2    MLML          Autumn Park Apartments                  1963 Mosser Road
20068503026    Loan         1      2    MLML          Arioso City Lofts                       3411 North 16th Street
20068510004    Loan         1      2    MLML          Campus Quad Phase I                     316 Columbia Drive
20069217001    Loan         1      2    MLML          Southgate Apartments                    10960 Southgate Manor Drive
20069225003    Loan         1      2    MLML          Watermill Apartments                    1730 East Valley Water Mill Road
20068503027    Loan         1      2    MLML          Paseo del Sol                           2634 North 51st Avenue
20069232017    Loan         1      2    MLML          Villager Apartments                     480 South Street
20069203003    Loan         1      2    MLML          The Seasons                             811 East Wetmore Road
20068509003    Loan         1      2    MLML          Portofino Apartments                    5780 Windhover Drive
       6708    Loan         1      2    CRF           Northern Point Apartments               1905 West Las Palmaritas Drive
       5343    Loan         1      2    CRF           Barclay Square Apartments               3535 Cambridge Street
       5975    Loan         1      2    CRF           Mariner Village Mobile Home Park        815 124th Street SW
       6234    Loan         1      2    CRF           Mapleshade Park                         6606 Mapleshade Lane
       5881    Loan         1      2    CRF           Colonia Tepeyac Apartments              5880 Bernal Drive
       5895    Loan         1      2    CRF           Casas Adobes                            6200 North Oracle Road
       6213    Loan         1      2    CRF           Bayberry Cove Apartments                4363 Bayberry Cove
       6224    Loan         1      2    CRF           Cresthill Townhomes                     3589 Cresthill Drive
       6073    Loan         1      2    CRF           Prospect Park                           1600-26, 1685-95 & 1821 Parkline Drive
       6217    Loan         1      2    CRF           Willow Creek Apts                       19 Willow Creek Drive
       5447    Loan         1      2    CRF           The Chateau Apartments                  511 North Woodward Avenue
       6915    Loan         2      2    CRF           Park Slope Apartments                   518 4th Avenue and 451 7th Avenue
       6915    Property     1      2    CRF           451 7th Avenue                          451 7th Avenue
       6915    Property     1      2    CRF           518 4th Avenue                          518 4th Avenue
  880255771    Loan         1      2    PNC           The Park Whispering Pines               605 First Avenue
  880255772    Loan         1      2    PNC           The Park at Heritage Greene Apartments  2891 Springdale Road
  880255774    Loan         1      2    PNC           Villas of Cordoba                       5901 E. Stassney Lane
  940952454    Loan         1      2    PNC           Colonial Village Apartments - DE        600 Moores Lane
  940952615    Loan         1      2    PNC           Preserve at Colony Lakes                1000 Farrah Lane
  940952699    Loan         1      2    PNC           La Prada Apartments                     8383 La Prada
  940952702    Loan         1      2    PNC           Gateway Village Seniors                 2825 S. 12th Street
  940952758    Loan         1      2    PNC           The Heritage Apartment Homes            7828 Pat Booker Road
  940952780    Loan         1      2    PNC           Lakepointe Apartments - Lincoln City    120 SE Mast Avenue
  940952853    Loan         1      2    PNC           Leeward Apartment Homes                 444 East Medical Center Boulevard
  940952854    Loan         1      2    PNC           Windward Apartment Homes                600 East Medical Center Boulevard







                                              NCA/      ZIP
     LOAN #          CITY            STATE    SCA       CODE       COUNTY           PROPERTY TYPE           PROPERTY SUBTYPE
----------------------------------------------------------------------------------------------------------------------------------

20062909010 Orlando                 FL                 32835    Orange        Multifamily               Garden
20068538001 Breinigsville           PA                 18031    Lehigh        Multifamily               Garden
20068503026 Phoenix                 AZ                 85016    Maricopa      Multifamily               Garden
20068510004 Carrollton              GA                 30117    Carroll       Multifamily               Student Housing
20069217001 Louisville              KY                 40229    Jefferson     Multifamily               Garden
20069225003 Springfield             MO                 65803    Greene        Multifamily               Garden
20068503027 Phoenix                 AZ                 85035    Maricopa      Multifamily               Garden
20069232017 Lockport                NY                 14094    Niagara       Multifamily               Garden
20069203003 Tucson                  AZ                 85719    Pima          Multifamily               Student Housing
20068509003 Orlando                 FL                 32819    Orange        Multifamily               Garden
       6708 Phoenix                 AZ                 85021    Maricopa      Multifamily               Garden
       5343 Las Vegas               NV                 89109    Clark         Multifamily               Garden
       5975 Everett                 WA                 98204    Snohomish     Manufactured Housing      Manufactured Housing
       6234 Dallas                  TX                 75252    Collin        Multifamily               Garden
       5881 Dallas                  TX                 75212    Dallas        Multifamily               Garden
       5895 Tucson                  AZ                 85704    Pima          Multifamily               Garden
       6213 Bellbrook               OH                 45305    Greene        Multifamily               Garden
       6224 Flowery Branch          GA                 30542    Hall          Multifamily               Garden
       6073 Pittsburgh              PA                 15227    Allegheny     Multifamily               Garden
       6217 Battle Creek            MI                 49015    Calhoun       Multifamily               Low Income Housing
       5447 Tallahassee             FL                 32304    Leon          Multifamily               Student Housing
       6915 Brooklyn                NY                 11215    Kings         Multifamily               Mid rise
       6915 Brooklyn                NY                 11215    Kings         Multifamily               Mid/High Rise
       6915 Brooklyn                NY                 11215    Kings         Multifamily               Garden
  880255771 Conway                  AR                 72032    Faulkner      Multifamily               Section 8
  880255772 Atlanta                 GA                 30315    Fulton        Multifamily               Garden
  880255774 Austin                  TX                 78744    Travis        Multifamily               Garden
  940952454 New Castle Hundred      DE                 19720    New Castle    Multifamily               Garden
  940952615 Stafford                TX                 77477    Fort Bend     Multifamily               Garden
  940952699 Dallas                  TX                 75228    Dallas        Multifamily               Garden
  940952702 Beaumont                TX                 77701    Jefferson     Multifamily               Section 8
  940952758 Live Oak                TX                 78233    Bexar         Multifamily               Garden
  940952780 Lincoln City            OR                 97367    Lincoln       Multifamily               Garden
  940952853 Webster                 TX                 77598    Harris        Multifamily               Garden
  940952854 Webster                 TX                 77598    Harris        Multifamily               Garden






                 TOTAL      UNIT OF                      YEAR       OCCUPANCY    OCCUPANCY        ENVIRONMENTAL    ENVIRONMENTAL
      LOAN #   SF/UNITS     MEASURE   YEAR BUILT      RENOVATED        (%)         DATE            REPORT TYPE      REPORT DATE
------------------------------------------------------------------------------------------------------------------------------------

 20062909010          328 Units          2001                         99.09          6/20/2006       Phase I          7/3/2006
 20068538001          326 Units          2000                         99.69          4/11/2006       Phase I         4/19/2006
 20068503026          312 Units          2000                         94.87          6/14/2006       Phase I         6/19/2006
 20068510004          144 Units          2006                         82.11          8/24/2006       Phase I         7/19/2006
 20069217001          256 Units          2001                         92.58          7/20/2006       Phase I         3/24/2006
 20069225003          164 Units          2006                         93.90           6/1/2006       Phase I          6/6/2006
 20068503027          215 Units          1981                         97.21           7/6/2006       Phase I          6/2/2006
 20069232017          118 Units       1968-1973          1993         97.46           5/2/2006       Phase I         5/19/2006
 20069203003          132 Units          2005                         100.00         5/22/2006       Phase I         6/21/2006
 20068509003          167 Units          1986            2005         98.20          5/24/2006       Phase I          5/4/2006
        6708          486 Units          1979                         94.65          6/13/2006       Phase I         7/19/2006
        5343          191 Units          1974            2005         98.95          6/30/2006       Phase I         4/14/2006
        5975          165 Pads           1977                         100.00          8/3/2006       Phase I         8/16/2006
        6234          148 Units          1996                         93.92          5/16/2006       Phase I         5/19/2006
        5881          282 Units          1971            2005         98.94          3/22/2006       Phase I         4/28/2006
        5895          204 Units          1978            2005         90.69          6/22/2006       Phase I          6/8/2006
        6213          180 Units          1994                         90.56          6/12/2006       Phase I         4/11/2006
        6224           57 Units          1998                         98.25          5/18/2006       Phase I         5/30/2006
        6073          184 Units      1940 & 1950                      90.22           8/8/2006       Phase I         5/31/2006
        6217           90 Units          1994                         90.00           6/9/2006       Phase I         3/10/2006
        5447           42 Units          1968            2001         100.00          6/5/2006       Phase I         5/19/2006
        6915           14 Units        Various                        92.86          7/26/2006       Phase I          Various
        6915            6 Units          1931                         83.33          7/26/2006       Phase I         6/26/2006
        6915            8 Units          1941                         100.00         7/26/2006       Phase I         6/27/2006
   880255771           40 Units          2003                         100.00         4/30/2006       Phase I         9/15/2005
   880255772          109 Units          1972         2004/2005       95.40          4/24/2006       Phase I         5/12/2006
   880255774          156 Units          2002                         100.00         5/17/2006       Phase I         5/24/2006
   940952454          132 Units          1966            2005         97.00          5/17/2006       Phase I          3/7/2006
   940952615          420 Units          2004                         92.90          6/30/2006       Phase I         5/18/2006
   940952699          115 Units          1984                         86.09           6/1/2006       Phase I          5/5/2006
   940952702          116 Units          2004                         98.28          6/25/2006       Phase I         6/12/2006
   940952758          305 Units          2005                         89.50           6/1/2006       Phase I         5/29/2006
   940952780           96 Units          1994                         97.90          6/13/2006       Phase I          6/8/2006
   940952853          256 Units          1990                         89.50          5/25/2006       Phase I         6/24/2006
   940952854          274 Units          1992                         93.00          5/25/2006       Phase I         6/26/2006






                ENVIRONMENTAL       PHASE II           PHASE II         ENGINEERING       SEISMIC      SEISMIC
     LOAN #    INSURANCE (Y/N)    RECOMMENDED          PERFORMED        REPORT DATE         DATE         ZONE       PML (%)
---------------------------------------------------------------------------------------------------------------------------

20062909010  No                   No                   No                     7/6/2006
20068538001  No                   No                   No                    4/13/2006
20068503026  No                   No                   No                    6/19/2006
20068510004  No                   No                   No                    7/19/2006
20069217001  No                   No                   No                    3/24/2006
20069225003  No                   No                   No                     6/6/2006
20068503027  No                   No                   No                     6/2/2006
20069232017  No                   No                   No                    5/18/2006
20069203003  No                   No                   No                    6/21/2006
20068509003  No                   No                   No                     5/4/2006
       6708  No                   No                   No                    7/19/2006
       5343  No                   No                   No                    4/17/2006
       5975  No                   No                   No                    8/18/2006     8/18/2006       3         12.00
       6234  No                   No                   No                     6/6/2006
       5881  No                   No                   No                     5/2/2006
       5895  No                   No                   No                    7/26/2006
       6213  No                   No                   No                    4/11/2006
       6224  No                   No                   No                    5/30/2006
       6073  No                   No                   No                    5/31/2006
       6217  No                   No                   No                    4/10/2006
       5447  No                   No                   No                   05/19/2006
       6915  No                   No                   No                    6/29/2006
       6915  No                   No                   No                    6/29/2006
       6915  No                   No                   No                    6/29/2006
  880255771  No                   No                   No                    9/15/2005
  880255772  No                   No                   No                     5/2/2006
  880255774  No                   No                   No                    5/16/2006
  940952454  No                   No                   No                    4/14/2006
  940952615  No                   No                   No                    5/11/2006
  940952699  No                   No                   No                     5/5/2006
  940952702  No                   No                   No                    5/30/2006
  940952758  No                   No                   No                    5/18/2006
  940952780  No                   No                   No                     6/6/2006      6/6/2006       3         12.00
  940952853  No                   No                   No                    6/21/2006
  940952854  No                   No                   No                    6/21/2006






             EARTHQUAKE    EARTHQUAKE     FLOOD     TERRORISM
              INSURANCE    INSURANCE    INSURANCE   INSURANCE    APPRAISED       APPRAISAL     CUTOFF LTV    MATURITY     NOTE
     LOAN #   REQUIRED      IN PLACE     IN PLACE    IN PLACE      VALUE           DATE            (%)        LTV (%)     DATE
------------------------------------------------------------------------------------------------------------------------------------

20062909010 No            No           No          Yes            35,000,000        6/29/2006     78.57        70.39    9/1/2006
20068538001 No            No           No          Yes            46,300,000        4/14/2006     51.84        46.72    8/4/2006
20068503026 No            No           No          Yes            31,700,000        6/12/2006     67.03        67.03    7/7/2006
20068510004 No            No           No          Yes            19,600,000        7/13/2006     71.43        64.82    9/8/2006
20069217001 No            Yes          Yes         Yes            19,500,000        1/10/2006     55.00        55.00    4/21/2006
20069225003 No            No           No          Yes            10,800,000        5/20/2006     78.37        67.05    7/14/2006
20068503027 No            No           No          Yes             9,100,000        5/26/2006     75.00        67.04    7/13/2006
20069232017 No            No           No          Yes             4,450,000        5/10/2006     80.90        73.23    7/31/2006
20069203003 No            No           No          Yes            26,300,000        5/15/2006     77.95        66.35    8/24/2006
20068509003 No            Yes          Yes         Yes            15,775,000        4/25/2006     82.73        72.20    5/31/2006
       6708 No            No           No          Yes            20,000,000         6/5/2006     77.25        70.26    7/14/2006
       5343 No            No           No          Yes            17,500,000         4/6/2006     70.86        68.53    7/17/2006
       5975 No            No           No          Yes            15,000,000         8/3/2006     76.67        76.67    9/1/2006
       6234 No            Yes          Yes         Yes            15,200,000         6/2/2006     69.08        64.65    7/19/2006
       5881 No            Yes          Yes         Yes            13,440,000         9/1/2006     72.65        62.06    6/7/2006
       5895 No            No           No          Yes            11,830,000         5/3/2006     62.52        56.37    7/28/2006
       6213 No            No           No          Yes             6,500,000        4/28/2006     72.97        62.67    6/28/2006
       6224 No            No           No          Yes             4,800,000         5/2/2006     75.00        66.79    6/30/2006
       6073 No            No           No          Yes             4,000,000        5/22/2006     70.00        59.58    8/15/2006
       6217 No            Yes          Yes         Yes             2,850,000         5/4/2006     73.57        63.25    6/28/2006
       5447 No            No           No          Yes             3,000,000        5/16/2006     65.90        56.54    6/19/2006
       6915 No            No           No          Yes             3,000,000        6/13/2006     54.17        50.83    8/1/2006
       6915 No            No           No          Yes             1,800,000        6/13/2006     54.17        50.83
       6915 No            No           No          Yes             1,200,000        6/13/2006     54.17        50.83
  880255771 Yes           No           No          Yes             1,575,000        9/12/2005     68.68        46.83    5/15/2006
  880255772 No            No           No          Yes             4,200,000        4/11/2006     71.34        48.61    6/19/2006
  880255774 No            No           No          Yes            13,100,000         8/1/2006     72.42        59.68    6/15/2006
  940952454 No            No           No          Yes             8,250,000         6/1/2006     75.15        65.61    5/26/2006
  940952615 No            Yes          Yes         Yes            37,030,000         5/2/2006     71.29        66.83    7/10/2006
  940952699 No            No           Yes         Yes             5,000,000        4/26/2006     72.00        63.93    6/1/2006
  940952702 Yes           No           Yes         Yes             3,080,000        5/19/2006     80.36        60.94    8/2/2006
  940952758 No            No           No          Yes            28,200,000         5/4/2006     79.79        73.56    6/15/2006
  940952780 No            No           No          Yes             5,900,000        5/23/2006     72.88        66.22    7/28/2006
  940952853 No            Yes          No          Yes            18,300,000        6/13/2006     79.78        70.81    6/30/2006
  940952854 No            Yes          No          Yes            21,000,000        6/13/2006     79.76        70.79    6/30/2006






                                                  CUTOFF                                         FIRST
                ORIGINAL        ORIGINAL         BALANCE          CUTOFF        INITIAL POOL    PAYMENT     MATURITY/ARD    ARD
     LOAN #      BALANCE        LOAN/UNIT      (6/1/2006)      BALANCE/UNIT      BALANCE %        DATE          DATE      (YES/NO)
------------------------------------------------------------------------------------------------------------------------------------

20062909010     27,500,000.00     83,841.46     27,500,000.00        83,841.46     1.13%       10/1/2006     10/1/2016       No
20068538001     24,000,000.00     73,619.63     24,000,000.00        73,619.63     0.99%       10/1/2006      9/1/2016       No
20068503026     21,250,000.00     68,108.97     21,250,000.00        68,108.97     0.88%        9/1/2006      8/1/2016       No
20068510004     14,000,000.00     97,222.22     14,000,000.00        97,222.22     0.58%       10/1/2006     10/1/2016       No
20069217001     10,725,000.00     41,894.53     10,725,000.00        41,894.53     0.44%        6/1/2006      5/1/2016       No
20069225003      8,470,000.00     51,646.34      8,463,471.25        51,606.53     0.35%        9/1/2006      8/1/2016       No
20068503027      6,825,000.00     31,744.19      6,825,000.00        31,744.19     0.28%        9/1/2006      8/1/2016       No
20069232017      3,600,000.00     30,508.47      3,600,000.00        30,508.47     0.15%        9/1/2006      8/1/2016       No
20069203003     20,500,000.00    144,366.20     20,500,000.00       144,366.20     0.85%       10/1/2006      9/1/2016       No
20068509003     13,050,000.00     78,143.71     13,050,000.00        78,143.71     0.54%        7/1/2006      6/1/2016       No
       6708     15,450,000.00     31,790.12     15,450,000.00        31,790.12     0.64%        9/8/2006      8/8/2016       No
       5343     12,400,000.00     64,921.47     12,400,000.00        64,921.47     0.51%        9/8/2006      8/8/2011       No
       5975     11,500,000.00     69,696.97     11,500,000.00        69,696.97     0.47%       10/8/2006      9/8/2011       No
       6234     10,500,000.00     70,945.95     10,500,000.00        70,945.95     0.43%        9/8/2006      8/8/2016       No
       5881      9,790,000.00     34,716.31      9,764,793.99        34,626.93     0.40%        7/8/2006      6/8/2016       No
       5895      7,400,000.00     36,274.51      7,396,315.19        36,256.45     0.30%        9/8/2006      8/8/2016       No
       6213      4,750,000.00     26,388.89      4,742,863.87        26,349.24     0.20%        8/8/2006      7/8/2016       No
       6224      3,600,000.00     63,157.89      3,600,000.00        63,157.89     0.15%        8/8/2006      7/8/2016       No
       6073      2,800,000.00     15,217.39      2,800,000.00        15,217.39     0.12%       10/8/2006      9/8/2016       No
       6217      2,100,000.00     23,333.33      2,096,875.47        23,298.62     0.09%        8/8/2006      7/8/2016       No
       5447      1,980,000.00     47,142.86      1,976,996.56        47,071.35     0.08%        8/8/2006     07/08/2016      No
       6915      1,625,000.00    116,071.43      1,625,000.00       116,071.43     0.07%        9/8/2006      8/8/2016       No
       6915        991,250.00                      991,250.00                      0.04%
       6915        633,750.00                      633,750.00                      0.03%
  880255771      1,084,000.00     27,100.00      1,081,741.09        27,043.53     0.04%        7/1/2006      6/1/2024       No
  880255772      3,000,000.00     27,522.94      2,996,237.21        27,488.41     0.12%        8/1/2006      7/1/2024       No
  880255774      9,500,000.00     60,897.44      9,486,638.32        60,811.78     0.39%        8/1/2006      7/1/2018       No
  940952454      6,200,000.00     46,969.70      6,200,000.00        46,969.70     0.26%        7/1/2006      6/1/2016       No
  940952615     26,400,000.00     62,857.14     26,400,000.00        62,857.14     1.09%        9/1/2006      8/1/2016       No
  940952699      3,600,000.00     31,304.35      3,600,000.00        31,304.35     0.15%        8/1/2006      7/1/2016       No
  940952702      2,475,000.00     21,336.21      2,475,000.00        21,336.21     0.10%       10/1/2006      9/1/2021       No
  940952758     22,500,000.00     73,770.49     22,500,000.00        73,770.49     0.93%        8/1/2006      7/1/2016       No
  940952780      4,300,000.00     44,791.67      4,300,000.00        44,791.67     0.18%        9/1/2006      8/1/2016       No
  940952853     14,600,000.00     57,031.25     14,600,000.00        57,031.25     0.60%        8/1/2006      7/1/2016       No
  940952854     16,750,000.00     61,131.39     16,750,000.00        61,131.39     0.69%        8/1/2006      7/1/2016       No






                ARD    FINAL                                                                                              MONTHLY
              STEP UP   MAT     MATURITY        INTEREST     AMORTIZATION      ACCRUAL                                      DEBT
     LOAN #     (%)     DATE     BALANCE        RATE (%)         TYPE           TYPE               PURPOSE                SERVICE
------------------------------------------------------------------------------------------------------------------------------------

20062909010                        24,637,248    5.9730    Balloon           Actual/360    Refinance                     156,303.85
20068538001                        21,629,039    5.8620    IO-Balloon        Actual/360    Refinance                     141,769.72
20068503026                        21,250,000    6.0240    Interest Only     Actual/360    Refinance                     108,156.60
20068510004                        12,704,664    6.2180    IO-Balloon        Actual/360    Refinance                      85,909.25
20069217001                        10,725,000    5.4130    Interest Only     30/360        Acquisition                    48,378.69
20069225003                         7,240,992    6.2710    Balloon           Actual/360    Refinance                      52,266.99
20068503027                         6,101,035    6.3910    IO-Balloon        Actual/360    Acquisition                    42,650.57
20069232017                         3,258,873    6.0880    IO-Balloon        Actual/360    Refinance                      21,787.92
20069203003                        17,449,736    6.1250    Balloon           Actual/360    Refinance                     124,560.16
20068509003                        11,389,489    6.2150    IO-Balloon        Actual/360    Refinance                      80,054.27
       6708                        14,052,889    6.3400    IO-Balloon        Actual/360    Acquisition                    96,034.50
       5343                        11,992,226    6.5000    IO-Balloon        Actual/360    Refinance                      78,376.43
       5975                        11,500,000    6.3500    Interest Only     Actual/360    Acquisition                    60,854.17
       6234                         9,826,809    6.0200    IO-Balloon        Actual/360    Acquisition                    63,087.88
       5881                         8,340,498    6.1500    Balloon           Actual/360    Refinance                      59,643.44
       5895                         6,668,001    6.2000    Balloon           Actual/360    Refinance                      43,192.59
       6213                         4,073,312    6.3750    Balloon           Actual/360    Refinance                      29,633.82
       6224                      3,205,688.90    6.2100    IO-Balloon        Actual/360    Refinance                      22,072.25
       6073                      2,383,032.10    6.1200    Balloon           Actual/360    Acquisition                    17,004.04
       6217                      1,802,619.02    6.4100    Balloon           Actual/360    Refinance                      13,149.38
       5447                      1,696,239.43    6.3400    Balloon           Actual/360    Refinance                      12,307.33
       6915                      1,524,826.00    6.2200    IO-Balloon        Actual/360    Refinance                       9,973.72
       6915                        930,143.86    6.2200
       6915                        594,682.14    6.2200
  880255771                        737,497.04    7.0000    Balloon           Actual/360    Construction Loan Take Out      7,211.88
  880255772                      2,041,791.40    7.0000    Balloon           Actual/360    Construction Take-Out          19,959.07
  880255774                      7,818,179.81    6.6100    Balloon           Actual/360    Construction Take-Out          60,735.35
  940952454                      5,413,160.32    6.2300    IO-Balloon        Actual/360    Refinance                      38,093.86
  940952615                     24,746,684.57    6.1400    IO-Balloon        Actual/360    Acquisition                   160,665.35
  940952699                      3,196,420.07    6.0800    IO-Balloon        Actual/360    Refinance                      21,769.33
  940952702                      1,876,892.80    6.8100    Balloon           Actual/360    Construction Take-Out          16,151.64
  940952758                     20,744,942.06    6.1200    IO-Balloon        Actual/360    Acquisition                   136,639.63
  940952780                      3,906,770.27    6.2800    IO-Balloon        Actual/360    Refinance                      26,559.80
  940952853                     12,957,436.07    6.0600    IO-Balloon        Actual/360    Refinance                      88,098.37
  940952854                     14,865,551.62    6.0600    IO-Balloon        Actual/360    Refinance                     101,071.76







                                                                                                             REMAINING
               ANNUAL DEBT     CUT-OFF               I/O       REMAINING               REMAINING    AMORT      AMORT      PAYMENT
     LOAN #      SERVICE         DATE    SEASONING  PERIOD    I/O PERIOD    TERM         TERM       TERM        TERM        DATE
------------------------------------------------------------------------------------------------------------------------------------

20062909010      1,875,646.20  9/1/2006      0        1            1        121           121        420        420          1
20068538001      1,701,236.64  9/1/2006      0        36          36        120           120        360        360          1
20068503026      1,297,879.20  9/1/2006      1       120          119       120           119         0          0           1
20068510004      1,030,911.00  9/1/2006      0        37          37        121           121        360        360          1
20069217001        580,544.28  9/1/2006      4       120          116       120           116         0          0           1
20069225003        627,203.88  9/1/2006      1        0            0        120           119        360        359          1
20068503027        511,806.84  9/1/2006      1        24          23        120           119        360        360          1
20069232017        261,455.04  9/1/2006      1        36          35        120           119        360        360          1
20069203003      1,494,721.92  9/1/2006      0        0            0        120           120        360        360          1
20068509003        960,651.24  9/1/2006      3        12           9        120           117        360        360          1
       6708      1,152,414.00  9/8/2006      1        36          35        120           119        360        360          8
       5343        940,517.16  9/8/2006      1        24          23         60           59         360        360          8
       5975        730,250.04  9/8/2006      0        60          60         60           60          0          0           8
       6234        757,054.56  9/8/2006      1        60          59        120           119        360        360          8
       5881        715,721.28  9/8/2006      3        0            0        120           117        360        357          8
       5895        518,311.08  9/8/2006      1        0            0        120           119        420        419          8
       6213        355,605.84  9/8/2006      2        0            0        120           118        360        358          8
       6224        264,867.00  9/8/2006      2        24          22        120           118        360        360          8
       6073        204,048.48  9/8/2006      0        0            0        120           120        360        360          8
       6217        157,792.56  9/8/2006      2        0            0        120           118        360        358          8
       5447        147,687.96  9/8/2006      2        0            0        120           118        360        358          8
       6915        119,684.64  9/8/2006      1        60          59        120           119        360        360          8
       6915                                                                               119
       6915                                                                               119
  880255771         86,542.56  9/1/2006      3        0            0        216           213        360        357          1
  880255772        239,508.84  9/1/2006      2        0            0        216           214        360        358          1
  880255774        728,824.20  9/1/2006      2        0            0        144           142        360        358          1
  940952454        457,126.32  9/1/2006      3        12           9        120           117        360        360          1
  940952615      1,927,984.20  9/1/2006      1        60          59        120           119        360        360          1
  940952699        261,231.96  9/1/2006      2        24          22        120           118        360        360          1
  940952702        193,819.68  9/1/2006      0        0            0        180           180        360        360          1
  940952758      1,639,675.56  9/1/2006      2        48          46        120           118        360        360          1
  940952780        318,717.60  9/1/2006      1        36          35        120           119        360        360          1
  940952853      1,057,180.44  9/1/2006      2        24          22        120           118        360        360          1
  940952854      1,212,861.12  9/1/2006      2        24          22        120           118        360        360          1






                                 3RD MOST      3RD MOST    2ND MOST      2ND MOST       MOST              MOST
             GRACE TO  GRACE TO   RECENT       RECENT      RECENT        RECENT        RECENT            RECENT
     LOAN #    LATE     DEFAULT    NOI        NOI DATE       NOI        NOI DATE        NOI             NOI DATE            UW EGI
------------------------------------------------------------------------------------------------------------------------------------

20062909010      5         5      1,935,432    12/31/2003   1,826,907    12/31/2004    2,143,199             12/31/2005    3,805,840
20068538001      5         5      2,045,065    12/31/2004   2,636,126    12/31/2005    2,649,367         5/31/2006 (TTM)   4,151,426
20068503026      5         5      1,458,464    12/31/2004   1,686,570    12/31/2005    1,745,967         5/31/2006 (TTM)   2,861,804
20068510004      5         5                                                                                               2,167,760
20069217001      5         5        639,429    12/31/2003     705,252    12/31/2004      872,299             12/31/2005    2,064,506
20069225003      5         5                                                                                               1,175,074
20068503027      5         5        409,453     6/30/2004     523,482     6/30/2005      568,281         5/31/2006 (TTM)   1,420,915
20069232017      5         5        412,603    12/31/2004     415,239    12/31/2005      418,683         3/31/2006 (TTM)     800,064
20069203003      5         5                                                                                               3,068,065
20068509003      5         5                                                             929,567    4/30/2006 (T-9 Ann.)   1,939,539
       6708      0         0        653,166    12/31/2004     721,714    12/31/2005    1,163,819         5/31/2006 (TTM)   3,281,557
       5343      0         0        966,373    12/31/2003   1,010,455    12/31/2004      970,978         6/30/2006 (TTM)   1,831,487
       5975      0         0        912,592    12/31/2004     929,230    12/31/2005      944,237         7/31/2006 (TTM)   1,187,912
       6234      0         0        948,713    12/31/2004     883,302    12/31/2005      816,252         5/31/2006 (TTM)   1,835,787
       5881     10         0        936,239    12/31/2004     939,787    12/31/2005      978,922         3/31/2006 (TTM)   2,231,741
       5895      0         0                                  560,714    12/31/2004      471,387         6/30/2006 (TTM)   1,362,741
       6213      0         0        306,454    12/31/2004     308,058    12/31/2005      353,590         4/30/2006 (TTM)   1,129,331
       6224      0         0                                  182,677    12/31/2005      344,071    5/31/2006 (T-4 Ann.)     490,425
       6073      0         0                                  308,002    12/31/2004      295,704             12/31/2005      829,631
       6217      0         0        192,329    12/31/2004     202,569    12/31/2005      225,296         4/30/2006 (TTM)     535,361
       5447      0         0                                  197,945    12/31/2004      229,906             12/31/2005      335,759
       6915      0         0         86,677    12/31/2004     117,625    12/31/2005      108,001         6/30/2006 (TTM)     213,617
       6915                          52,423    12/31/2004      71,141    12/31/2005       65,320         6/30/2006 (TTM)     126,424
       6915                          34,254    12/31/2004      46,484    12/31/2005       42,681         6/30/2006 (TTM)      87,193
  880255771      5         5                                  114,081    12/31/2005      114,915   Annualized 5/31/2006      244,181
  880255772      5         5                                  241,308    12/31/2005      320,058   Annualized 4/30/2006      698,215
  880255774      5         5                                  811,052    12/31/2005      865,713         T-12 4/30/2006    1,358,109
  940952454      5         5                                                             525,954        T- 12 3/31/2006      992,110
  940952615      5         5                                1,539,613    12/31/2005    2,025,202     Trailing 5/31/2006    4,110,831
  940952699      5         5        351,538    12/31/2004     348,881    12/31/2005      340,139        T-12  4/30/2006      745,009
  940952702      5         5                                  176,372    12/31/2005      216,131         T-12 4/25/2006      626,565
  940952758      5         5                                                                                               3,344,745
  940952780      5         5        355,640    12/31/2004     389,176    12/31/2005      398,545         T-12 5/31/2006      690,675
  940952853      5         5      1,406,784    12/31/2004   1,445,406    12/31/2005    1,377,948         T-12 4/30/2006    2,208,536
  940952854      5         5      1,602,037    12/31/2004   1,640,854    12/31/2005    1,620,906         T-12 4/30/2006    2,406,963






                                                UW
                   UW                       REPLACEMENT        UW TI/LC                        UW         HOLDBACK    HOLDBACK
     LOAN #     EXPENSES     UW NOI          RESERVES          RESERVES       UW NCF          DSCR           AMT       DESC.
-----------------------------------------------------------------------------------------------------------------------------------

20062909010     1,403,117    2,402,723            86,592                        2,316,131     1.23
20068538001     1,611,619    2,539,807            81,500                        2,458,307     1.45
20068503026     1,049,472    1,812,332            78,000                        1,734,332     1.34
20068510004       879,433    1,288,327            43,200                        1,245,127     1.21
20069217001     1,030,471    1,034,035            64,000                          970,035     1.67
20069225003       382,721      793,953            41,000                          751,353     1.20
20068503027       750,732      670,183            48,375                          621,808     1.21
20069232017       397,003      403,061            29,500                          373,561     1.43
20069203003       865,425    2,202,640            42,600                        2,160,040     1.45
20068509003       714,776    1,224,763            50,100                        1,174,663     1.22
       6708     1,778,005    1,503,552           121,500                        1,382,052     1.20
       5343       659,717    1,171,770            47,750                        1,124,020     1.20
       5975       306,494      881,418             8,250                          873,168     1.20
       6234       878,704      957,083            42,476                          914,607     1.21
       5881     1,296,665      935,076            76,175                          858,901     1.20
       5895       654,947      707,794            51,000                          656,794     1.27
       6213       668,059      461,272            32,328                          428,944     1.21
       6224       162,291      328,134            11,600                          316,534     1.20
       6073       509,097      320,534            53,253                          267,281     1.31
       6217       279,779      255,582            14,913                          240,669     1.53
       5447       121,213      214,546            10,500                          204,046     1.38
       6915        66,974      146,643             2,964                          143,679     1.20
       6915        37,647       88,691             1,482                           87,221     1.20
       6915        29,327       57,952             1,482                           56,458     1.20
  880255771       128,379      115,802            10,000                          105,802     1.22
  880255772       352,656      345,558            27,250                          318,308     1.33
  880255774       478,167      879,941            39,000                          840,941     1.15
  940952454       393,019      599,091            41,810                          557,281     1.22
  940952615     1,690,338    2,420,493           105,000                        2,315,493     1.20
  940952699       400,076      344,933            28,750                          316,183     1.21
  940952702       373,156      253,409            29,000                          224,409     1.16
  940952758     1,346,520    1,998,225            38,125                        1,960,100     1.20
  940952780       268,953      421,721            24,000                          397,721     1.25
  940952853       719,318    1,489,218            64,000                        1,425,218     1.35
  940952854       819,967    1,586,995            68,500                        1,586,995     1.31





                                                                                                            CALL PROTECTION
     LOAN #                                    DEFEASANCE SUMMARY                                             DESCRIPTION
---------------------------------------------------------------------------------------------------------------------------------

20062909010  In accordance with loan docs, after the earlier of (1) four years from closing or          Defeasance
             (2) two years after securitization
20068538001  In accordance with loan docs, after the earlier of (1) four years from closing or          Defeasance
             (2) two years after securitization
20068503026  In accordance with loan docs, after the earlier of (1) four years from closing or          Defeasance
             (2) two years after securitization
20068510004  In accordance with loan docs, after the earlier of (1) four years from closing or          Defeasance
             (2) two years after securitization
20069217001                                                                                             Yield Maintenance
20069225003  In accordance with loan docs, after the earlier of (1) four years from closing or          Defeasance
             (2) two years after securitization
20068503027  In accordance with loan docs, after the earlier of (1) four years from closing or          Defeasance
             (2) two years after securitization
20069232017  In accordance with loan docs, after the earlier of (1) four years from closing or          Defeasance
             (2) two years after securitization
20069203003  In accordance with loan docs, after the earlier of (1) four years from closing or          Defeasance
             (2) two years after securitization
20068509003  In accordance with loan docs, after the earlier of (1) four years from closing or          Defeasance
             (2) two years after securitization
       6708  In accordance with loan docs, after the earlier of (1) three years from closing or         Defeasance
             (2) two years after securitization
       5343  In accordance with loan docs, after the earlier of (1) three years from closing or         Defeasance
             (2) two years after securitization
       5975  In accordance with loan docs, after the earlier of (1) three years from closing or         Defeasance
             (2) two years after securitization
       6234  In accordance with loan docs, after the earlier of (1) three years from closing or         Defeasance
             (2) two years after securitization
       5881  In accordance with loan docs, after the earlier of (1) three years from closing or         Defeasance
             (2) two years after securitization
       5895  In accordance with loan docs, after the earlier of (1) three years from closing or         Defeasance
             (2) two years after securitization
       6213  In accordance with loan docs, after the earlier of (1) three years from closing or         Defeasance
             (2) two years after securitization
       6224  In accordance with loan docs, after the earlier of (1) three years from closing or         Defeasance
             (2) two years after securitization
       6073  In accordance with loan docs, after the earlier of (1) three years from closing or         Defeasance
             (2) two years after securitization
       6217  In accordance with loan docs, after the earlier of (1) three years from closing or         Defeasance
             (2) two years after securitization
       5447  In accordance with loan docs, after the earlier of (1) three years from closing or         Defeasance
             (2) two years after securitization
       6915  In accordance with loan docs, after the earlier of (1) three years from closing or         Defeasance
             (2) two years after securitization
       6915
       6915
  880255771  The later of (2) years from securitization or (3) years from the first payment date.       Defeasance
  880255772  The later of (2) years from securitization or (3) years from the first payment date.       Defeasance
  880255774  The later of (2) years from securitization or (3) years from the first payment date.       Defeasance
  940952454  The later of (2) years from securitization or (3) years from the first payment date.       Defeasance
  940952615  The later of (2) years from securitization or (3) years from the first payment date.       Defeasance
  940952699                                                                                             Yield Maintenance
  940952702                                                                                             Yield Maintenance
  940952758                                                                                             Yield Maintenance
  940952780                                                                                             Yield Maintenance
  940952853                                                                                             Yield Maintenance
  940952854                                                                                             Yield Maintenance






                                                                   ORIGINAL        ORIGINAL        ORIGINAL YIELD
                                                                    LOCKOUT       DEFEASANCE        MAINTENANCE        OPEN
     LOAN #               ORIGINAL PREPAYMENT STRING               PAYMENTS        PAYMENTS           PAYMENTS       PAYMENTS
---------------------------------------------------------------------------------------------------------------------------------

20062909010  LO(24),Def(95),O(2)                                      24              95                 0              2
20068538001  LO(24),Def(92),O(4)                                      24              92                 0              4
20068503026  LO(25),Def(91),O(4)                                      25              91                 0              4
20068510004  LO(24),Def(93),O(4)                                      24              93                 0              4
20069217001  LO(47),GRTR1%orYM(69),O(4)                               47               0                 69             4
20069225003  LO(25),Def(91),O(4)                                      25              91                 0              4
20068503027  LO(25),Def(91),O(4)                                      25              91                 0              4
20069232017  LO(25),Def(93),O(2)                                      25              93                 0              2
20069203003  LO(24),Def(92),O(4)                                      24              92                 0              4
20068509003  LO(27),Def(89),O(4)                                      27              89                 0              4
       6708  LO(25),Def(91),O(4)                                      25              91                 0              4
       5343  LO(25),Def(31),O(4)                                      25              31                 0              4
       5975  LO(24),Def(32),O(4)                                      24              32                 0              4
       6234  LO(25),Def(91),O(4)                                      25              91                 0              4
       5881  LO(27),Def(89),O(4)                                      27              89                 0              4
       5895  LO(25),Def(91),O(4)                                      25              91                 0              4
       6213  LO(26),Def(90),O(4)                                      26              90                 0              4
       6224  LO(26),Def(90),O(4)                                      26              90                 0              4
       6073  LO(24),Def(92),O(4)                                      24              92                 0              4
       6217  LO(26),Def(90),O(4)                                      26              90                 0              4
       5447  LO(26),Def(90),O(4)                                      26              90                 0              4
       6915  LO(25),Def(91),O(4)                                      25              91                 0              4
       6915
       6915
  880255771  LO(36),Def(176),O(4)                                     36              176                               4
  880255772  LO(36),Def(176),O(4)                                     36              176                               4
  880255774  LO(36),Def(104),O(4)                                     36              104                               4
  940952454  LO(36),Def(81),O(3)                                      36              81                                3
  940952615  LO(36),Def(81),O(3)                                      36              81                                3
  940952699  LO(59),GRTR1%orYM(58),O(3)                               59                                 58             3
  940952702  LO(59),GRTR1%orYM(118),O(3)                              59                                118             3
  940952758  LO(35),GRTR1%orYM(81),O(4)                               35                                 81             4
  940952780  LO(35),GRTR1%orYM(82),O(3)                               35                                 82             3
  940952853  LO(35),GRTR1%orYM(81),O(4)                               35                                 81             4
  940952854  LO(35),GRTR1%orYM(81),O(4)                               35                                 81             4






                     REMAINING                          UPFRONT      UPFRONT                         UPFRONT         UPFRONT
                 LOCKOUT/DEFEASANCE   UPFRONT ENG.       CAPEX        TI/LC       UPFRONT RE        INSURANCE         OTHER
     LOAN #           PAYMENTS          RESERVE        RESERVES      RESERVE      TAX RESERVE        RESERVE         RESERVE
--------------------------------------------------------------------------------------------------------------------------------

20062909010             119                                                           306,887.17       84,448.82
20068538001             116
20068503026             115                                                            89,367.95       23,882.78
20068510004             117                                                            13,655.66       24,268.16   2,000,000.00
20069217001              43
20069225003             115                                                            52,500.00        1,686.91
20068503027             115                             114,000.00                      5,187.20       14,121.12
20069232017             117                              59,000.00                     97,922.91        1,957.99
20069203003             116                                                            57,500.00       30,067.80   1,500,000.00
20068509003             113                                                            75,667.62        2,877.70     430,000.00
       6708             115                                                            56,362.50       18,707.67
       5343              55                                                            20,995.00       19,330.00
       5975              56                10,700.00                                   41,535.00        1,810.44
       6234             115               100,000.00                                  182,378.00        3,378.00
       5881             113                                                            74,000.00       15,500.00
       5895             115                                                            26,136.00       19,382.00     900,000.00
       6213             114                             198,000.00                     19,252.92        4,339.24
       6224             114                                                            32,394.50        1,411.32
       6073             116                55,325.00      8,867.86                     15,046.00        5,117.68
       6217             114                             100,000.00                     54,454.56        2,006.90
       5447             114                 2,500.00      1,750.00                      6,048.70       10,781.40
       6915             115                                 494.00                      3,346.00                      16,582.00
       6915
       6915
  880255771             209
  880255772             210
  880255774             138
  940952454             114                              40,750.00                     27,426.65        2,549.78       5,375.00
  940952615             116                                                           336,866.66       34,687.00
  940952699              57                              51,875.00                     61,811.75       23,297.00
  940952702              59                                                            54,619.00       10,882.00
  940952758              33                                                           316,820.00       56,985.44   1,050,000.00
  940952780              34                             312,400.00                     52,667.00       12,266.00
  940952853              33                             250,000.00                    148,925.00       51,132.87
  940952854              33                             250,000.00                    157,966.67       57,472.08






                                          MONTHLY          CAPEX     MONTHLY     TI/LC    MONTHLY       MONTHLY       MONTHLY
                        UPFRONT            CAPEX          RESERVE     TI/LC     RESERVE   RE TAX       INSURANCE       OTHER
     LOAN #        OTHER DESCRIPTION      RESERVE           CAP      RESERVE      CAP     RESERVE       RESERVE       RESERVE
---------------------------------------------------------------------------------------------------------------------------------

20062909010                                                                              27,898.83        9,383.20
20068538001
20068503026                                  4,680.00    112,320.00                      17,873.59        3,980.46
20068510004         Holdback Reserve LOC     3,600.00                                     9,187.50        4,853.63
20069217001
20069225003                                  3,417.00     82,000.00                       5,250.00        1,686.91
20068503027                                  4,031.00                                     1,037.44        3,530.28
20069232017                                               59,000.00                      10,991.76        1,957.99
20069203003                 Debt Service     3,550.00                                     9,583.33        3,758.48
20068509003                 DSCR Reserve     4,175.00                                    10,809.66        1,438.85
       6708                                 10,125.00                                     9,393.75        9,353.83
       5343                                  3,980.00                                     6,999.00        3,866.00
       5975                                    687.50                                     8,307.00          905.22
       6234                                  3,540.00                                    26,054.00        3,378.00
       5881                                  6,462.50                                    14,625.81        7,237.00
       5895                     Holdback     4,250.00                                     6,534.00        3,230.00
       6213                                  2,361.00                                     9,626.46        2,169.62
       6224                                    966.67                                     3,675.55          705.66
       6073                                  4,433.93                                     7,523.00        1,279.42
       6217                                  1,245.00                                     5,477.62        1,003.45
       5447                                    875.00                                     2,082.34        1,078.14
       6915                Rental Income       247.00     14,820.00                       1,673.00
       6915
       6915
  880255771                                    833.33                                     1,330.92          583.33
  880255772                                  2,270.83                                     5,031.08        2,025.58
  880255774                                  3,311.97                                                     2,875.00
  940952454                Environmental     3,484.16                                     4,794.00        2,549.78
  940952615                                  8,750.00     66,777.00                      42,108.33
  940952699                                  2,395.83                                     8,830.25        2,066.42
  940952702                                  2,416.66                                     6,068.75        2,716.42
  940952758     Operating Deficit Escrow     6,354.17                                    45,260.00        6,473.33
  940952780                                  2,000.00     72,000.00                       4,787.92        1,226.58
  940952853                                  5,333.33                                    21,275.00        5,710.91
  940952854                                  5,708.33                                    22,566.67        6,361.91






               OTHER MONTH    SINGLE     LETTER OF      DESCRIPTION                                           UNIT         LEASE
     LOAN #    DESCRIPTION    TENANT      CREDIT          OF LOC             LARGEST TENANT                   SIZE      EXPIRATION
-----------------------------------------------------------------------------------------------------------------------------------

20062909010                     No          No
20068538001                     No          No
20068503026                     No          No
20068510004                     No         Yes           2,000,000
20069217001                     No          No
20069225003                     No          No
20068503027                     No          No
20069232017                     No          No
20069203003                     No          No
20068509003                     No         Yes            430,000
       6708                     No          No
       5343                     No          No
       5975                     No          No
       6234                     No          No
       5881                     No          No
       5895                     No          No
       6213                     No          No
       6224                     No          No
       6073                     No          No
       6217                     No          No
       5447                     No          No
       6915                     No          No
       6915                     No                                      Chickpeas Childcare Center            1,300      7/31/2016
       6915                     No
  880255771                     No          No
  880255772                     No          No
  880255774                     No          No
  940952454                     No          No
  940952615                     No          No
  940952699                     No          No
  940952702                     No          No
  940952758                     No          No
  940952780                     No          No
  940952853                     No          No
  940952854                     No          No






               2ND         2ND                      3RD        3RD                                                        CONDO
             LARGEST      UNIT       2ND LEASE    LARGEST      UNIT      3RD LEASE        LIEN                          STRUCTURE
     LOAN #   TENANT      SIZE      EXPIRATION     TENANT      SIZE     EXPIRATION      POSITION       TITLE TYPE         (Y/N)
------------------------------------------------------------------------------------------------------------------------------------

20062909010                                                                              First      Fee              No
20068538001                                                                              First      Fee/Leasehold    No
20068503026                                                                              First      Fee              No
20068510004                                                                              First      Fee              No
20069217001                                                                              First      Fee              No
20069225003                                                                              First      Fee              No
20068503027                                                                              First      Fee              No
20069232017                                                                              First      Fee              No
20069203003                                                                              First      Fee              No
20068509003                                                                              First      Fee              No
       6708                                                                              First      Fee              No
       5343                                                                              First      Fee              Yes
       5975                                                                              First      Fee              No
       6234                                                                              First      Fee              No
       5881                                                                              First      Fee              No
       5895                                                                              First      Fee              No
       6213                                                                              First      Fee              No
       6224                                                                              First      Fee              No
       6073                                                                              First      Fee              No
       6217                                                                              First      Fee              No
       5447                                                                              First      Fee              No
       6915                                                                              First      Fee              No
       6915                                                                              First      Fee              No
       6915                                                                              First      Fee              No
  880255771                                                                              First      Fee              No
  880255772                                                                              First      Fee              No
  880255774                                                                              First      Fee              No
  940952454                                                                              First      Fee              No
  940952615                                                                              First      Fee              No
  940952699                                                                              First      Fee              No
  940952702                                                                              First      Fee              No
  940952758                                                                              First      Fee              No
  940952780                                                                              First      Fee              No
  940952853                                                                              First      Fee              No
  940952854                                                                              First      Fee              No






                                                                      PARTIAL
               OUTPARCEL                               RELEASE       DEFEASANCE      SUBSTITUTUION
                RELEASE                   CROSSED     PROVISIONS      PERMITTED       PROVISIONS       RELATED
      LOAN #     (Y/N)       SPE (Y/N)      LOAN        (Y/N)           (Y/N)            (Y/N)         BORROWER
------------------------------------------------------------------------------------------------------------------

 20062909010  No           Yes           No         No             No              No                     No
 20068538001  No           Yes           No         No             No              No                     No
 20068503026  No           Yes           No         No             No              No                     No
 20068510004  No           Yes           No         No             No              No                     No
 20069217001  No           Yes           No         No             No              No                     No
 20069225003  No           Yes           No         No             No              No                     No
 20068503027  No           Yes           No         No             No              No                     No
 20069232017  No           Yes           No         No             No              No                     No
 20069203003  No           Yes           No         No             No              No                     No
 20068509003  No           Yes           No         No             No              No                     No
        6708  No           Yes           No         No             No              No                     No
        5343  No           Yes           No         No             No              No                     No
        5975  No           Yes           No         No             No              No                     No
        6234  No           Yes           No         No             No              No                     No
        5881  Yes          Yes           No         No             No              No                     No
        5895  No           Yes           No         No             No              No                     No
        6213  No           Yes           No         No             No              No                     No
        6224  No           Yes           No         No             No              No                     No
        6073  No           Yes           No         No             No              No                     No
        6217  No           Yes           No         No             No              No                     No
        5447  No           Yes           No         No             No              No                     No
        6915  No           Yes           No         No             Yes             No                     No
        6915
        6915
   880255771  No           Yes           No         No             No              No                     No
   880255772  No           Yes           No         No             No              No                    Yes
   880255774  No           Yes           No         No             No              No                     No
   940952454  No           Yes           No         No             No              No                     No
   940952615  No           Yes           No         No             No              No                     No
   940952699  No           Yes           No         No             No              No                     No
   940952702  No           Yes           No         No             No              No                     No
   940952758  No           Yes           No         No             No              No                    Yes
   940952780  No           Yes           No         No             No              No                     No
   940952853  No           Yes           No         No             No              No                    Yes
   940952854  No           Yes           No         No             No              No                    Yes






     LOAN #                                                  BORROWER NAME
------------------------------------------------------------------------------------------------------------------------------------

20062909010  Hawthorne Groves Apartments, Inc.
20068538001  Fieldstone Associates Apartments, L.P.
20068503026  Playa Blanca, LLC
20068510004  Campus Quad Carrollton I, L.L.C.
20069217001  MB Louisville Southgate, L.L.C.
20069225003  Watermill Park Apartments, LLC
20068503027  Teresi Investments, Paseo del Sol LLC; Teresi PDS, LLC
20069232017  SDK Villager Associates, LLC 20069203003 Seasons Partners LLC
20068509003  Portofino Apartments, LLC
       6708  Teresi Investments, Northern Point LLC
       5343  Tower Development Group, LLC
       5975  Mariner Village Mobile Home Park LLC
       6234  Granite Brookshire, LLC; Granite Murrieta, LLC; Granite Pacific Park, LLC; GAMG, L.P.
       5881  Colonia Tepeyac, Ltd.
       5895  Casas Adobes Partners V, L.L.C.
       6213  Sunset Development-Sugar Creek Limited Partnership
       6224  Visor, LLC
       6073  Aurora Pittsburgh, L.P.
       6217  T&R Battle Creek Limited Partnership
       5447  The Chateau, LLC
       6915  Slope Avenue Association LLC
       6915
       6915
  880255771  Conway Partners, L.P.
  880255772  Heritage Green Apartments, LP
  880255774  Cordoba Partners, Ltd.
  940952454  Stars, Inc.
  940952615  Creekstone Colony Lakes, LLC
  940952699  La Prada Investments, LLC
  940952702  Gateway Senior Housing, Ltd.
  940952758  MBS-The Heritage, Ltd.
  940952780  Dan L. Berrey, Fran H. Berrey, Leon C. Reed, Susan Reed, Earl C. Schroeder, Carol M. Schroeder,
             Richard H. Whitt, Barbara S. Whitt, Steven H. Westfall, Katheleen, S. Westfall; Alan N. Zimmer,
             Faye Zimmer, Keith Flicker, Voorhies Lakepointe, LLC
  940952853  MBS - The Leeward, Ltd.
  940952854  MBS-THE WINDWARD, LTD






                                                                                                                    FUTURE DEBT
                                                                                                      TIC LOAN       PERMITTED
     LOAN #                               PRINCIPAL NAME                                              STRUCTURE        (Y/N)
------------------------------------------------------------------------------------------------------------------------------------

20062909010  Alexander C. Mackinnon and Tracy S. Forrest                                                  No            No
20068538001  Kenneth S Pizzio, Sr. and Arthur J. Corsini, Jr.                                             No            No
20068503026  Hans Schoepflin                                                                              No            No
20068510004  Charles D. Menser, Jr.                                                                       No            No
20069217001  Minto Builders (Florida) Inc.                                                                No            No
20069225003  Jeffrey Steele Boyce, Samuel E. Coryell, Samuel M. Coryell                                   No            No
20068503027  Jack D. Teresi and Michela Teresi                                                           Yes            No
20069232017  Dinesh Khosla and Savita Khosla                                                              No            No
20069203003  David Philip Fina                                                                            No            No
20068509003  Ronald N. Weiser, The Ronald N. Weiser Trust                                                 No            No
       6708  Jack D. Teresi; Michela Teresi                                                               No            No
       5343  Phyllis R. Schwartz; Michael C. Greenbaum; Phyllis R. Schwarz, as Trustee of                 No            No
             Martin J. Schwartz & Phyllis R. Schwartz Revocable Family Trust dated July 27, 1988
       5975  David C. Tingstad; Richard R. Beresford; Shane Fortney                                       No            No
       6234  Allen L. Boerner                                                                            Yes            No
       5881  Douglas M. Hickok                                                                            No            No
       5895  Tim R. Johnson                                                                               No            No
       6213  P. Ronald Sabatino                                                                           No            No
       6224  Bernard Lee McClure                                                                          No            No
       6073  Northern Group, Inc.                                                                         No            No
       6217  P. Ronald Sabatino                                                                           No            No
       5447  Jonathan D. Leoni                                                                            No            No
       6915  Jeffrey D. Groner                                                                            No            No
       6915
       6915
  880255771  J.H. Thames Jr., Rodney F. Triplett, Jr.                                                     No            No
  880255772  J.H. Thames Jr., Rodney F. Triplett Jr, Gary Hammond Jr.                                     No            No
  880255774  Elliot Stone, Daniel B. Markson                                                              No            No
  940952454  Sami Kahn                                                                                    No            No
  940952615  Creekstone Partners, LLC                                                                    Yes            No
  940952699  John King                                                                                    No            No
  940952702  John O. Boyd                                                                                 No            No
  940952758  Michael Smuck                                                                                No            No
  940952780  Dan L. Berrey                                                                               Yes            No
  940952853  Michael Smuck                                                                                No            No
  940952854  Michael Smuck                                                                                No            No






                                          EXISTING    EXISTING                                                   LOCKBOX
                 FUTURE    FUTURE DEBT   DEBT EXIST     DEBT         EXISTING          LOCKBOX        CASH       TRIGGER
     LOAN #     DEBT TYPE  PROVISIONS       (Y/N)      AMOUNT        DEBT TYPE           TYPE      MANAGEMENT     EVENT
-------------------------------------------------------------------------------------------------------------------------------

20062909010                                  No
20068538001                                  No
20068503026                                  No
20068510004                                  No
20069217001                                  No
20069225003                                  No
20068503027                                  No
20069232017                                  No
20069203003                                  No
20068509003                                  No
       6708                                  No
       5343                                  No
       5975                                  No
       6234                                  No
       5881                                  No
       5895                                  No
       6213                                  No
       6224                                  No
       6073                                  No
       6217                                  No
       5447                                  No
       6915                                  No
       6915
       6915
  880255771                                  No
  880255772                                  No
  880255774                                  No
  940952454                                  No
  940952615                                  Yes      8,725,000                        Mezzanine   Hard          Hard
  940952699                                  No
  940952702                                  No
  940952758                                  No
  940952780                                  No
  940952853                                  No
  940952854                                  No






                          AVG.
                NO. OF   STUDIO      NO. OF        AVG.        NO. OF         AVG.        NO. OF          AVG.
     LOAN #     STUDIO    RENT     1-BR UNITS   1-BR RENT    2-BR UNITS    2-BR RENT    3-BR UNITS      3-BR RENT
-----------------------------------------------------------------------------------------------------------------------

20062909010                               80         771           200          994            48           1,153
20068538001                               48         913           254        1,133            24           1,625
20068503026                              204         761           108          872
20068510004                                                         12          832            60           1,248
20069217001                              116         604           140          789
20069225003      14        438            56         549            56          632            38             740
20068503027      79        490           136         591
20069232017                               12         470            92          555            14             681
20069203003                                6         700            14        1,000            36           1,432
20068509003                              128         932            39        1,132
       6708      192       472           221         579            73          751
       5343                               92         788            99          606
       5975
       6234                                                        148        1,084
       5881                               41         529           113          642           104             749
       5895      22        437            90         519            92          633
       6213                                                        108          545            72             630
       6224                                                         25          689            26             731
       6073      76        330            68         375            28          505            11             545
       6217                               16         419            54          516            20             623
       5447                               42         690
       6915                                6         932             8        1,023
       6915                                6         932
       6915                                                          8        1,023
  880255771                                                         40          540
  880255772                               60         488            41          582             8             675
  880255774                                                         80          703            76             773
  940952454                               60         658            66          738             6             818
  940952615                              216         819           144        1,041            60           1,313
  940952699                               73         543            42          662
  940952702                               68         418            48          494
  940952758                              153         740           134        1,064            18           1,342
  940952780                                                         96          618
  940952853      50        519           118         767            88          999
  940952854                                                        274          717






                    NO. OF 4                                     AVG        UTILITIES               DELAWARE
                   AND ABOVE-        AVG. 4 AND ABOVE-            PAD         TENANT   ELEVATOR     STATUTORY
       LOAN #       BR UNITS              BR UNITS               RENT          PAYS     PRESENT   TRUST (YES/NO)
-----------------------------------------------------------------------------------------------------------------

  20062909010                                                                      No                  No
  20068538001                                                              E,G,S,W No                  No
  20068503026                                                                E,S,W No                  No
  20068510004              72                    1,540                       E,S,W No                  No
  20069217001                                                                    E No                  No
  20069225003                                                                    E No                  No
  20068503027                                                                    G No                  No
  20069232017                                                                  E,G No                  No
  20069203003              76                    1,867                           E Yes                 No
  20068509003                                                              E, S, W No                  No
         6708                                                                      No                  No
         5343                                                                    E Yes                 No
         5975                                                      601           E                     No
         6234                                                                 E, W No                  No
         5881              24                      780                             No                  No
         5895                                                                 E, G No                  No
         6213                                                                  E,G No                  No
         6224               6                      770                     E, S, W No                  No
         6073                                                                    E No                  No
         6217                                                                 E, G No                  No
         5447                                                                    E No                  No
         6915                                                                      No                  No
         6915                                                                      No
         6915                                                                      No
    880255771                                                                 S, W No                  No
    880255772                                                                 E, H No                  No
    880255774                                                                      No                  No
    940952454                                                                    E No                  No
    940952615                                                                      No                  No
    940952699                                                                    E No                  No
    940952702                                                              E, H, W No                  No
    940952758                                                              E, W, S No                  No
    940952780                                                              E, W, S No                  No
    940952853                                                           E, S, W, T No                  No
    940952854                                                                      No                  No






                                                                                                              INVESTMENT
                                                                                                                GRADE
     LOAN #                                 ASSUMPTION FEE                                                     (YES/NO)
------------------------------------------------------------------------------------------------------------------------------------

20062909010  1.00%                                                                                                No
20068538001  1.00%                                                                                                No
20068503026  1.00%                                                                                                No
20068510004  0.50% (First); 1.00% (Thereafter)                                                                    No
20069217001  1.00%                                                                                                No
20069225003  1.00%                                                                                                No
20068503027  1.00%                                                                                                No
20069232017  1.00%                                                                                                No
20069203003  1.00%                                                                                                No
20068509003  1.00%                                                                                                No
       6708  1.00%                                                                                                No
       5343  1.00%                                                                                                No
       5975  1.00%                                                                                                No
       6234  $25,000 (First); 1.00% (Thereafter); unless TIC then greater of (i) 0.50% of
             principal balance multiplied by the % TIC interest being transferred, or (ii) $5,000                 No
       5881  1.00%                                                                                                No
       5895  1.00%                                                                                                No
       6213  1.00%                                                                                                No
       6224  1.00%                                                                                                No
       6073  1.00%                                                                                                No
       6217  1.00%                                                                                                No
       5447  1.00%                                                                                                No
       6915  1.00%                                                                                                No
       6915                                                                                                       No
       6915                                                                                                       No
  880255771  1.00%                                                                                                No
  880255772  1.00%                                                                                                No
  880255774  1.00%                                                                                                No
  940952454  1.00%                                                                                                No
  940952615  1.00%                                                                                                No
  940952699  1.00%                                                                                                No
  940952702  1.00%                                                                                                No
  940952758  1st 2,000, Subsequent 1%                                                                             No
  940952780  1.00%                                                                                                No
  940952853  1st transfer $2k, Subsequent 1%                                                                      No
  940952854  First 2k, Subsequent 1.0%                                                                            No





                        DSCR                          LTVS               SUBSERVICER
                     ADJUSTED FOR                 ADJUSTED FOR            IN PLACE              SUBSERVICER              SUBSERVICER
      LOAN #        HOLDBACKS/LOC                HOLDBACKS/LOC              (Y/N)                   NAME                     FEE
------------------------------------------------------------------------------------------------------------------------------------

 20062909010              No                           No
 20068538001              No                           No
 20068503026              No                           No
 20068510004              No                           No
 20069217001              No                           No
 20069225003              No                           No
 20068503027              No                           No
 20069232017              No                           No
 20069203003              No                           No
 20068509003              No                           No                     Yes                 Capmark                  0.10000
        6708              No                           No                     No
        5343              No                           No                     No
        5975              No                           No                     No
        6234              No                           No                     No
        5881              No                           No                     No
        5895              No                           No                     No
        6213              No                           No                     No
        6224              No                           No                     No
        6073              No                           No                     No
        6217              No                           No                     No
        5447              No                           No                     No
        6915              No                           No                     No
        6915
        6915
   880255771              No                           No                     No
   880255772              No                           No                     No
   880255774              No                           No                     No
   940952454              No                           No                     No
   940952615              No                           No                     No
   940952699              No                           No                     No
   940952702              No                           No                     No
   940952758              No                           No                     No
   940952780              No                           No                     No
   940952853              No                           No                     No
   940952854              No                           No                     No






                 PRIMARY           MASTER        TRUSTEE &     CASH/PMT                          NET           INITIAL
                SERVICING        SERVICING         PAYING     COLLECTION       ADMIN.          MORTGAGE         POOL
      LOAN #     FEE RATE         FEE RATE       AGENT FEE     FUNCTION         FEE         INTEREST RATE     BALANCE %     GROUP2 %
------------------------------------------------------------------------------------------------------------------------------------

 20062909010        0.01000          0.01000       0.00100                    0.02100             5.95200       1.13%       7.99%
 20068538001        0.01000          0.01000       0.00100                    0.02100             5.84100       0.99%       6.97%
 20068503026        0.01000          0.01000       0.00100                    0.02100             6.00300       0.88%       6.17%
 20068510004        0.01000          0.01000       0.00100                    0.02100             6.19700       0.58%       4.07%
 20069217001        0.01000          0.01000       0.00100                    0.02100             5.39200       0.44%       3.12%
 20069225003        0.01000          0.01000       0.00100                    0.02100             6.25000       0.35%       2.46%
 20068503027        0.01000          0.01000       0.00100                    0.02100             6.37000       0.28%       1.98%
 20069232017        0.01000          0.01000       0.00100                    0.02100             6.06700       0.15%       1.05%
 20069203003        0.01000          0.01000       0.00100                    0.02100             6.10400       0.85%       5.96%
 20068509003                         0.01000       0.00100                    0.11100             6.10400       0.54%       3.79%
        6708        0.01000          0.01000       0.00100                    0.02100             6.31900       0.64%       4.49%
        5343        0.01000          0.01000       0.00100                    0.02100             6.47900       0.51%       3.60%
        5975        0.01000          0.01000       0.00100                    0.02100             6.32900       0.47%       3.34%
        6234        0.01000          0.01000       0.00100                    0.02100             5.99900       0.43%       3.05%
        5881        0.01000          0.01000       0.00100                    0.02100             6.12900       0.40%       2.84%
        5895        0.01000          0.01000       0.00100                    0.02100             6.17900       0.30%       2.15%
        6213        0.01000          0.01000       0.00100                    0.02100             6.35400       0.20%       1.38%
        6224        0.01000          0.01000       0.00100                    0.02100             6.18900       0.15%       1.05%
        6073        0.01000          0.01000       0.00100                    0.02100             6.09900       0.12%       0.81%
        6217        0.01000          0.01000       0.00100                    0.02100             6.38900       0.09%       0.61%
        5447        0.01000          0.01000       0.00100                    0.02100             6.31900       0.08%       0.57%
        6915           0.01          0.01000       0.00100                    0.02100             6.19900       0.07%       0.47%
        6915                                                                                                    0.04%       0.29%
        6915                                                                                                    0.03%       0.18%
   880255771           0.02          0.01000       0.00100                    0.03100             6.96900       0.04%       0.31%
   880255772           0.02          0.01000       0.00100                    0.03100             6.96900       0.12%       0.87%
   880255774           0.02          0.01000       0.00100                    0.03100             6.57900       0.39%       2.76%
   940952454           0.02          0.01000       0.00100                    0.03100             6.19900       0.26%       1.80%
   940952615           0.02          0.01000       0.00100                    0.03100             6.10900       1.09%       7.67%
   940952699           0.05          0.01000       0.00100                    0.06100             6.01900       0.15%       1.05%
   940952702           0.02          0.01000       0.00100                    0.03100             6.77900       0.10%       0.72%
   940952758           0.02          0.01000       0.00100                    0.03100             6.08900       0.93%       6.54%
   940952780           0.02          0.01000       0.00100                    0.03100             6.24900       0.18%       1.25%
   940952853           0.06          0.01000       0.00100                    0.07100             5.98900       0.60%       4.24%
   940952854           0.06          0.01000       0.00100                    0.07100             5.98900       0.69%       4.87%