FWP 1 d679252_fwp.htm OPTION ONE MORTGAGE LOAN TRUST 2007-6 Unassociated Document
Filed pursuant to Rule 433(d)
Registration Statement No. 333-130870
 

The depositor has filed a registration statement (including a prospectus) with the SEC for the offering to which this free writing prospectus relates. Before you invest, you should read the base prospectus in that registration statement and other documents the depositor has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the base prospectus if you request it by calling toll-free 1-800-422-2006.
 
 
 
 
 
 

The asset-backed securities referred to in these materials, and the asset pools backing them, are subject to modification or revision (including the possibility that one or more classes of securities may be split, combined or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a “when, as and if issued” basis. You understand that, when you are considering the purchase of these securities, a contract of sale will come into being no sooner than the date on which the relevant class has been priced and we have confirmed the allocation of securities to be made to you; any “indications of interest” expressed by you, and any “soft circles” generated by us, will not create binding contractual obligations for you or us.
 
Because the asset-backed securities are being offered on a “when, as and if issued” basis, any contract of sale will terminate, by its terms, without any further obligation or liability between us, if the securities themselves, or the particular class to which the contract relates, are not issued. Because the asset-backed securities are subject to modification or revision, any such contract also is conditioned upon the understanding that no material change will occur with respect to the relevant class of securities prior to the closing date. If a material change does occur with respect to such class, our contract will terminate, by its terms, without any further obligation or liability between us (the “Automatic Termination”). If an Automatic Termination occurs, we will provide you with revised offering materials reflecting the material change and give you an opportunity to purchase such class. To indicate your interest in purchasing the class, you must communicate to us your desire to do so within such timeframe as may be designated in connection with your receipt of the revised offering materials.  



Option One Mortgage Loan Trust 2007-6


Asset Backed Certificates, Series 2007-6


$532,414,000 Certificates (approximate)


Option One Mortgage Acceptance Corporation
Depositor


Option One Mortgage Corporation
Originator and Servicer

 

May 15, 2007
 
 
 
Option One Mortgage Loan Trust 2007-6,
Asset Backed Certificates, Series 2007-6
$532,414,000 (approximate)

DISCLAIMER

No contract of sale for the certificates, written, oral or otherwise, will be effective between Banc of America Securities LLC and potential purchasers until a preliminary prospectus supplement is delivered by the Underwriter to such potential purchasers and the potential purchaser and the Underwriter enter into a contract after the deliver of such preliminary prospectus supplement. The information in this free writing prospectus is preliminary, and will be superseded by the preliminary prospectus.

This free writing prospectus is being delivered to you solely to provide you with information about the offering of the securities referred to in this free writing prospectus and to solicit an offer to purchase the securities, when, as and if issued. Any such offer to purchase made by you will not be accepted and will not constitute a contractual commitment by you to purchase any of the securities until we have accepted your offer to purchase securities. We will not accept any offer by you to purchase the securities, and you will not have any contractual commitment to purchase any of the securities until after you have received the preliminary prospectus. You may withdraw your offer to purchase securities at any time prior to our acceptance of your offer.

The information in this free writing prospectus supersedes information contained in any prior similar free writing prospectus relating to these securities prior to the time of your commitment to purchase.

This free writing prospectus is not an offer to sell or solicitation of an offer to buy these securities in any state where such offer, solicitation or sale is not permitted.

IRS CIRCULAR 230 NOTICE

THIS FREE WRITING PROSPECTUS IS NOT INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, FOR THE PURPOSE OF AVOIDING U.S. FEDERAL, STATE OR LOCAL TAX PENALTIES. THIS FREE WRITING PROSPECTUS IS WRITTEN AND PROVIDED BY THE UNDERWRITER IN CONNECTION WITH THE PROMOTION OR MARKETING OF THE TRANSACTIONS OR MATTERS ADDRESSED HEREIN. INVESTORS SHOULD SEEK ADVICE BASED ON THEIR PARTICULAR CIRCUMSTANCES FROM AN INDEPENDENT TAX ADVISOR.
 
ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW THIS DOCUMENT ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.
 
Banc of America Securities LLC    
Citigroup Global Markets Inc.
The depositor has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the depositor 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 1-800-294-1322 or you e-mail a request to dg.prospectus_distribution@bofasecurities.com. The securities may not be suitable for all investors. Banc of America Securities LLC and its affiliates may acquire, hold or sell positions in these securities, or in related derivatives, and may have an investment or commercial banking relationship with the issuer. The information contained in these materials may be based on assumptions regarding market conditions and other matters as reflected herein. Banc of America Securities LLC (the “Underwriter”) makes no representation regarding the reasonableness of such assumptions or the likelihood that any such assumptions will coincide with actual market conditions or events, and these materials should not be relied upon for such purposes. The Underwriter and its affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of these materials, may, from time to time, have long or short positions in, and buy and sell, the securities mentioned herein or derivatives thereof (including options). Information in these materials is current as of the date appearing on the material only. Information in these materials regarding any securities discussed herein supersedes all prior information regarding such securities. These materials are not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal.
 
 
 Option One Mortgage Loan Trust 2007-6, Asset Backed Certificates, Series 2007-6
Certificates
 
 
 
Class
Expected
Approximate
Size(A)
Interest
Type
Principal Type
Expected
WAL (yrs)
Call/ Mat(C)
Expected
Principal Window
(mos) Call/Mat(C)
Expected
Last Distribution Date
Call/Mat(C)
Expected
Credit
Enhancement
Expected
Ratings
               
S&P
Moody’s
I-A-1(B)
435,470,000
Flt
PT
Not Offered Hereby
AAA
Aaa
II-A-1
127,815,000
Flt
Sen Seq
0.90 / 0.90
1 to 18/1 to 18
Nov-08 / Nov-08
23.50%
AAA
Aaa
II-A-2
128,760,000
Flt
Sen Seq
2.00 / 2.00
18 to 31/18 to 31
Dec-09 / Dec-09
23.50%
AAA
Aaa
II-A-3
36,824,000
Flt
Sen Seq
3.00 / 3.00
31 to 55/31 to 55
Dec-11 / Dec-11
23.50%
AAA
Aaa
II-A-4
46,451,000
Flt
Sen Seq
5.96 / 7.18
55 to 79/55 to 181
Dec-13 / Jun-22
23.50%
AAA
Aaa
M-1
52,702,000
Flt
Mezz
4.79 / 5.29
45 to 79/45 to 160
Dec-13 / Sep-20
18.30%
AA+
Aa1
M-2
38,006,000
Flt
Mezz
4.64 / 5.11
42 to 79/42 to 148
Dec-13 / Sep-19
14.55%
AA
Aa2
M-3
19,763,000
Flt
Mezz
4.58 / 5.04
41 to 79/41 to 140
Dec-13 / Jan-19
12.60%
AA-
Aa3
M-4
17,736,000
Flt
Mezz
4.55 / 4.99
40 to 79/40 to 134
Dec-13 / Jul-18
10.85%
A+
A1
M-5
16,723,000
Flt
Mezz
4.53 / 4.95
39 to 79/39 to 129
Dec-13 / Feb-18
9.20%
A
A2
M-6
10,135,000
Flt
Mezz
4.50 / 4.90
39 to 79/39 to 123
Dec-13 / Aug-17
8.20%
A-
A3
M-7
13,175,000
Flt
Mezz
4.50 / 4.87
39 to 79/39 to 119
Dec-13 / Apr-17
6.90%
BBB+
Baa1
M-8
10,135,000
Flt
Mezz
4.48 / 4.81
38 to 79/38 to 113
Dec-13 / Oct-16
5.90%
BBB
Baa2
M-9
14,189,000
Flt
Mezz
4.48 / 4.76
38 to 79/38 to 107
Dec-13 / Apr-16
4.50%
BBB-
Baa3
M-10
15,202,000
Flt
Mezz
Not Offered Hereby
BB+
Ba1
 
(A)
 The Approximate Size is subject to a permitted variance in the aggregate of plus or minus 5%.
(B)
The Class I-A-1 Certificates will be offered pursuant to the prospectus supplement, but will be excluded from this term sheet.
(C)
 Calculated based on the Pricing Speed.
 
Structure:
(1)  
The Class I-A-1 Certificates are backed primarily by the cash flow from the Group I Mortgage Loans (as defined herein). The Class II-A-1, Class II-A-2, Class II-A-3 and Class II-A-4 Certificates are backed primarily by the cash flow from the Group II Mortgage Loans (as defined herein). The Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 and Class M-10 Certificates are backed by the cash flows from the Group I Mortgage Loans and the Group II Mortgage Loans.
(2)  
The margins on the Class A Certificates will double and the margins on the Mezzanine Certificates will be equal to 1.5x their original margins after the Optional Termination Date.
(3)  
Each class of Certificates will be subject to a Net WAC Rate as described herein.
(4)  
The Mezzanine Certificates will not receive principal distributions prior to the Stepdown Date.
 

Pricing Speed
 
Adjustable-rate Mortgage Loans
 
 
100% ARM PPC
 
100% ARM PPC assumes that prepayments start at 2.00% in month 1, increase by approximately 2.545% each month to 30.00% CPR in month 12, remain constant at 30.00% CPR through month 23, increase to 60.00% CPR in month 24, remain constant at 60.00% CPR until month 27, decrease to 35.00% CPR in month 28 and remain constant at 35.00% CPR thereafter
 
Fixed-rate Mortgage Loans
 
 
115% FRM PPC
 
100% FRM PPC assumes that prepayments start at 4.00% CPR in month 1, increase by approximately 1.455% CPR each month to 20.00% CPR in month 12, and remain at 20.00% CPR thereafter.
 

Summary of Important Dates
Deal Information
  
Collateral Information
  
Expected Pricing
May-[18]-2007
Cut-off Date
May-01-2007
Expected Settlement
May-[30]-2007
Next Payment Date
June-01-2007
First Distribution
June-25-2007
    
Expected Stepdown
June-25-2010
    
       
Certificate Information
    
Class
Dated Date
Initial
Accrual Days
Accrual Method
Delay Days
Modeled
Last Scheduled
Distribution Date (A)
Rated
Maturity
Date
II-A-1
May-30-2007
0
Act/360
0
11/25/2031
July-2037
II-A-2
May-30-2007
0
Act/360
0
5/25/2037
July-2037
II-A-3
May-30-2007
0
Act/360
0
5/25/2037
July-2037
II-A-4
May-30-2007
0
Act/360
0
5/25/2037
July-2037
M-1
May-30-2007
0
Act/360
0
5/25/2037
July-2037
M-2
May-30-2007
0
Act/360
0
5/25/2037
July-2037
M-3
May-30-2007
0
Act/360
0
5/25/2037
July-2037
M-4
May-30-2007
0
Act/360
0
5/25/2037
July-2037
M-5
May-30-2007
0
Act/360
0
5/25/2037
July-2037
M-6
May-30-2007
0
Act/360
0
5/25/2037
July-2037
M-7
May-30-2007
0
Act/360
0
5/25/2037
July-2037
M-8
May-30-2007
0
Act/360
0
5/25/2037
July-2037
M-9
May-30-2007
0
Act/360
0
5/25/2037
July-2037
(A)  The Modeled Last Scheduled Distribution Date is calculated assuming no prepayments and run to maturity.
 
Contacts
Banc of America Securities LLC
Mortgage Trading/Syndicate
Tel: (212) 847-5095
Pat Beranek
patrick.beranek@bankofamerica.com
Ileana Chu
ileana.i.chu@bankofamerica.com
Charlene Balfour
charlene.c.balfour@bankofamerica.com
Aaron Books
aaron.s.books@bankofamerica.com
Jordan Chirico
jordan.chirico@bankofamerica.com
   
Global Structured Finance 
Fax: (704) 388-9668
Kirk Meyers
(704) 388-3148
kirk.b.meyers@bankofamerica.com
Michael Tri
(704) 388-8786
michael.l.tri@bankofamerica.com
Scott Shultz
(704) 387-6040
scott.m.shultz@bankofamerica.com
Nkereuwem Umoefik
(704) 388-3681
nkereuwem.umoefik@bankofamerica.com
Michael Hennessy
(704) 683-4654
michael.hennessy@bankofamerica.com
Michael Nichols
(704) 683-5167
michael.p.nichols@bankofamerica.com
Daniel Eller
(704) 683-4211
daniel.eller@bankofamerica.com
   
Rating Agencies
  
Brian Burchfield - Moody’s
(212) 553-4630
brian.burchfield@moodys.com
Todd Niemy - S&P
(212) 438-2494
todd_niemy@standardandpoors.com
 



SUMMARY OF TERMS
Title of Securities:
 
Option One Mortgage Loan Trust 2007-6 (the “Trust”), Asset Backed Certificates, Series 2007-6.
 
Offered Certificates:
 
The Class II-A-1, Class II-A-2, Class II-A-3 and Class II-A-4 Certificates (together and with the Class I-A-1 Certificates, the “Class A Certificates”) and the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class M-9 Certificates (together with the Class M-10 Certificates, the “Mezzanine Certificates”).
 
Non-Offered Certificates:
 
The Class I-A-1 Certificates, Class M-10 Certificates, Class C Certificates, Class P Certificates and Residual Certificates (together with the Offered Certificates, the “Certificates”).
 
Group I Certificates:
 
The Class I-A-1 Certificates.
 
Group II Certificates:
 
The Class II-A-1, Class II-A-2, Class II-A-3 and Class II-A-4 Certificates.
 
Offering Type:
 
The Class A and Mezzanine Certificates (other than the Class M-10 Certificates) will be offered publicly pursuant to a Prospectus.
 
Originator, Sponsor and Servicer:
 
Option One Mortgage Corporation.
 
Trustee and Custodian:
 
Wells Fargo Bank, N.A.
 
Depositor:
 
Option One Mortgage Acceptance Corporation.
 
Co-Lead Managers:
 
Banc of America Securities LLC and Citigroup Global Markets Inc.
Co-Managers:
 
RBS Greenwich Capital and H&R Block Financial Advisors Inc.
 
Swap Provider:
 
[TBD]
 
Swap Administrator:
 
Wells Fargo Bank, N.A.
 
Closing Date:
 
On or about May [30], 2007.
 
Tax Status:
 
The Trust will be classified as one or more REMICs for federal income tax purposes.
 
ERISA Eligibility:
 
It is expected that the Offered Certificates will be eligible for purchase by plans that meet the requirements of an investor-based exemption.
 
SMMEA Eligibility:
 
The Offered Certificates will not constitute “mortgage related securities” for purposes of SMMEA.
 
Distribution Dates:
 
The 25th of each month, or if such day is not a business day, the next succeeding business day, beginning in June 2007.
 
Accrued Interest:
 
The price to be paid by investors for the Offered Certificates will not include accrued interest (settle flat).
 
Day Count:
 
Actual/360.
 
Payment Delay:
0 days.


SUMMARY OF TERMS (Continued)
Stepped Servicing Fees:
 
Approximately 0.30% per annum on the aggregate principal balance of the Mortgage Loans for months 1 through 10 from the month of the Closing Date, approximately 0.40% per annum on the aggregate principal balance of the Mortgage Loans for months 11 through 30 from the month of the Closing Date and approximately 0.65% per annum on the aggregate principal balance of the Mortgage Loans for months 31 and thereafter from the month of the Closing Date.
 
Trustee Fees:
 
Approximately 0.0030% per annum on the aggregate principal balance of the Mortgage Loans.
 
Cut-off Date:
 
For each Mortgage Loan, the later of (i) the origination date of each Mortgage Loan or (ii) the close of business May 1, 2007.
 
Mortgage Loans:
 
As of the Cut-off Date, the aggregate principal balance of the Mortgage Loans will be approximately $1,013,491,500, of which: (i) approximately $569,242,366 will consist of a pool of conforming balance adjustable-rate and fixed-rate mortgage Loans (the “Group I Mortgage Loans”) and (ii) approximately $444,249,134 will consist of a pool of conforming and non-conforming balance adjustable-rate and fixed-rate mortgage loans (the “Group II Mortgage Loans” and together with the Group I Mortgage Loans, the “Mortgage Loans”). See the attached collateral descriptions for additional information on the Mortgage Loans as of the Cut-off Date.
 
Optional Termination Date:
 
The Servicer will have the right to purchase all of the Mortgage Loans and REO properties on any Distribution Date following the Distribution Date on which the aggregate principal balance of the Mortgage Loans (after giving effect to scheduled payments of principal due during the related due period, to the extent received or advanced, and unscheduled collections of principal received during the related prepayment period) is less than or equal to 10% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date. In the event the Servicer fails to exercise its right to such termination, the NIMS Insurer, if any, will have the ability to exercise the termination.
 
Monthly Servicer Advances:
 
The Servicer will be obligated to advance funds in an amount equal to the aggregate of all payments of principal and interest (net of Servicing Fees) that were due, but not paid, during the related period on the Mortgage Loans. Advances are required to be made only to the extent they are deemed by the Servicer to be recoverable from related late collections, insurance proceeds, condemnation proceeds or liquidation proceeds.
 

 CREDIT ENHANCEMENT
Credit Enhancement:
 
 
 
Credit enhancement for the structure is provided by Excess Cashflow, overcollateralization and subordination. In addition, the certificates will also have the benefit of a Swap Agreement.
 
Certificate Credit Enhancement
 
(1)  The Class A Certificates are enhanced by Excess Cashflow, approximately 20.50% subordination of the Mezzanine Certificates, and the Overcollateralization Amount.
 
(2)  The Class M-1 Certificates are enhanced by Excess Cashflow, approximately 15.30% in subordinate Mezzanine Certificates and the Overcollateralization Amount.
 
(3)  The Class M-2 Certificates are enhanced by Excess Cashflow, approximately 11.55% in subordinate Mezzanine Certificates and the Overcollateralization Amount.
 
(4)  The Class M-3 Certificates are enhanced by Excess Cashflow, approximately 9.60% in subordinate Mezzanine Certificates and the Overcollateralization Amount.
 
(5)  The Class M-4 Certificates are enhanced by Excess Cashflow, approximately 7.85% in subordinate Mezzanine Certificates and the Overcollateralization Amount.
 
(6)  The Class M-5 Certificates are enhanced by Excess Cashflow, approximately 6.20% in subordinate Mezzanine Certificates and the Overcollateralization Amount.
 
(7)  The Class M-6 Certificates are enhanced by Excess Cashflow, approximately 5.20% in subordinate Mezzanine Certificates and the Overcollateralization Amount.
 
(8)  The Class M-7 Certificates are enhanced by Excess Cashflow, approximately 3.90% in subordinate Mezzanine Certificates and the Overcollateralization Amount.
 
(9)  The Class M-8 Certificates are enhanced by Excess Cashflow, approximately 2.90% in subordinate Mezzanine Certificates and the Overcollateralization Amount.
 
(10)  The Class M-9 Certificates are enhanced by Excess Cashflow, approximately 1.50% in subordinate Mezzanine Certificates and the Overcollateralization Amount.
 
(11)  The Class M-10 Certificates are enhanced by Excess Cashflow and the Overcollateralization Amount.
 

 CREDIT ENHANCEMENT (Continued)
Overcollateralization Target Amount:
 
Prior to the Stepdown Date, 3.00% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date. On and after the Stepdown Date, if a Trigger Event is not in effect, the greater of (x) 6.00% of the aggregate current principal balance of the Mortgage Loans and (y) 0.50% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date. If a Trigger Event is in effect, the Overcollateralization Target Amount will be the Overcollateralization Target Amount from the previous period.
 
Expected Credit Support Percentage:
Class
Initial Credit Support
After Stepdown Support
 
A
23.50%
47.00%
 
M-1
18.30%
36.60%
 
M-2
14.55%
29.10%
 
M-3
12.60%
25.20%
 
M-4
10.85%
21.70%
 
M-5
9.20%
18.40%
 
M-6
8.20%
16.40%
 
M-7
6.90%
13.80%
 
M-8
5.90%
11.80%
 
M-9
4.50%
9.00%
 
M-10
3.00%
6.00%
 
Overcollateralization Amount:
 
 
The Overcollateralization Amount is equal to the excess of the aggregate principal balance of the Mortgage Loans over the aggregate certificate principal balance of the Certificates (other than the Class C Certificates). On the Closing Date, the Overcollateralization Amount is expected to equal the Overcollateralization Target Amount. To the extent the Overcollateralization Amount is reduced below the Overcollateralization Target Amount, Excess Cashflow will be directed to restore the Overcollateralization Amount to the Overcollateralization Target Amount.
 
Overcollateralization Release Amount:
 
The Overcollateralization Release Amount means, with respect to any Distribution Date, the lesser of (x) the Principal Remittance Amount for such Distribution Date and (y) the excess, if any, of (i) the Overcollateralization Amount for such Distribution Date (assuming that 100% of the Principal Remittance Amount is applied as a principal distribution on such Distribution Date) over (ii) the Overcollateralization Target Amount for such Distribution Date.




 CREDIT ENHANCEMENT (Continued)
Overcollateralization Deficiency Amount:
 
The Overcollateralization Deficiency Amount is the excess, if any, of (a) the Overcollateralization Target Amount for such Distribution Date over (b) the Overcollateralization Amount for such Distribution Date, calculated for this purpose after taking into account the reduction on such Distribution Date of the certificate principal balances of all classes of Certificates resulting from the distribution of the Principal Distribution Amount (but not the Extra Principal Distribution Amount) on such Distribution Date, but prior to taking into account any Realized Losses allocated to any class of Certificates on such Distribution Date.
 
Available Funds:
 
Available Funds will be equal to the sum of the following amounts with respect to the Mortgage Loans, net of amounts reimbursable therefrom to the Servicer, the Trustee or the Swap Provider (including any Net Swap Payment or Swap Termination Payment owed to the Swap Account other than any Swap Termination Payment due to a Swap Provider Trigger Event): (i) the aggregate amount of monthly payments on the Mortgage Loans due on the related due date and received by the Servicer by the determination date, after deduction of the Trustee Fee for such Distribution Date, the Servicing Fee for such Distribution Date, any accrued and unpaid Servicing Fees and Trustee Fees in respect of any prior Distribution Dates, (ii) unscheduled payments in respect of the Mortgage Loans, including prepayments, net liquidation proceeds and proceeds from repurchases of and substitutions for such Mortgage Loans occurring during the related Prepayment Period, excluding prepayment charges and (iii) payments from the Servicer in connection with Advances and prepayment interest shortfalls for such Distribution Date.
 
Excess Cashflow:
 
For the Certificates and each Distribution Date is equal to the sum of (x) any Overcollateralization Release Amount and (y) the excess, if any, of the Available Funds over the sum of (i) the current and unpaid interest paid on the Class A Certificates and the current interest paid on the Mezzanine Certificates and (ii) the Principal Remittance Amount.
 
Stepdown Date:
 
The earlier to occur of (i) the first Distribution Date after the Distribution Date on which the aggregate certificate principal balance of the Class A Certificates has been reduced to zero and (ii) the later to occur of (a) the Distribution Date in June 2010 and (b) the first Distribution Date on which the Credit Enhancement Percentage (after taking into account distributions of principal on such Distribution Date) is greater than or equal to 47.00%. The Credit Enhancement Percentage is obtained by dividing (x) the aggregate certificate principal balance of the Mezzanine Certificates and the Overcollateralization Amount by (y) the aggregate principal balance of the Mortgage Loans.




 CREDIT ENHANCEMENT (Continued)
Trigger Event:
 
A Trigger Event is in effect with respect to any Distribution Date on or after the Stepdown Date (i) if the 60+ day delinquency percentage (including loans that are in bankruptcy or foreclosure and are 60+ days delinquent or that are REO) is greater than [34.00%] of the Credit Enhancement Percentage for the prior distribution date or (ii) if the Cumulative Realized Loss Percentage exceeds the values defined below:
 
 
Distribution Dates
Cumulative Realized Loss Percentage
 
June 2010 - May 2011
[1.65%] for June 2010, plus 1/12 of [2.00%] thereafter
 
 
June 2011 - May 2012
[3.65%] for June 2011, plus 1/12 of [2.15%] thereafter
 
 
June 2012 - May 2013
[5.80%] for June 2012, plus 1/12 of [1.70%] thereafter
 
 
June 2013 - May 2014
[7.50%] for June 2013, plus 1/12 of [0.95%] thereafter
 
 
June 2014 and thereafter
[8.45%]
   

PASS-THROUGH RATES
Pass-Through Rate:
 
The Pass-Through Rate for each class of the Offered Certificates for any Distribution Date will be the lesser of (x) the related Formula Rate for such Distribution Date and (y) the Net WAC Rate for such Distribution Date.
 
Formula Rate:
 
The Formula Rate is the lesser of:
(i) the sum of (a) one-month LIBOR as determined for the related period and (b) the certificate margin for the applicable class, and
(ii) the Maximum Cap Rate for such Distribution Date.
On each Distribution Date after the Optional Termination Date, the certificate margins for the Class A Certificates will be 2 times their initial margins, and the certificate margins for the Mezzanine Certificates will be 1.5 times their respective initial margin.
 
Adjusted Net Mortgage Rate:
 
The “Adjusted Net Mortgage Rate” for each Mortgage Loan is equal to the mortgage rate less the sum of (i) the Servicing Fee Rate and (ii) the Trustee Fee Rate.
 
Adjusted Net Maximum Mortgage Rate:
 
The “Adjusted Net Maximum Mortgage Rate” for each Mortgage Loan is equal to the maximum mortgage rate (or the mortgage rate in the case of any fixed rate mortgage loan) less the sum of (i) the Servicing Fee Rate and (ii) the Trustee Fee Rate.
 
Net WAC Rate:
 
The Net WAC Rate for each class of Certificates on any Distribution Date is a per annum rate (subject to adjustment based on the actual number of days elapsed in the related Accrual Period) equal to the (x) weighted average of the Adjusted Net Mortgage Rates of the Mortgage Loans (weighted based on the aggregate principal balance of the Mortgage Loans as of the first day of the related Due Period, adjusted to reflect unscheduled principal payments made during the Prepayment Period that includes such first day) minus (y) the sum of (i) an amount, expressed as a percentage, equal to the Net Swap Payment payable by the Trust divided by the aggregate principal balance of the Mortgage Loans multiplied by 12 and (ii) an amount, expressed as a percentage, equal to the Swap Termination Payment (other than any Swap Termination Payment due to a Swap Provider Trigger Event), if any, payable by the Trust divided by the aggregate principal balance of the Mortgage Loans multiplied by 12.
 
Maximum Cap Rate:
 
The Maximum Cap Rate for each class of Certificates and any Distribution Date is calculated in the same manner as the Net WAC Rate but based on the Adjusted Net Maximum Mortgage Rates of the Mortgage Loans rather than the Adjusted Net Mortgage Rates, plus an amount, expressed as a per annum rate, equal to a fraction, the numerator of which is equal to the Net Swap Payment received by the Trust and the denominator of which is equal to the aggregate principal balance of the Mortgage Loans (subject to adjustment based on the actual number of days elapsed in the related Accrual Period).
 

PASS-THROUGH RATES (Continued)
Net WAC Rate Carryover Amount:
 
For any Distribution Date the “Net WAC Rate Carryover Amount” for any class of Certificates is the sum of (1) the excess, if any, of the amount of interest that would have accrued on such class had the Net WAC Rate not applied over the amount of interest actually accrued on such class based on the Net WAC Rate, (2) the unpaid portion of any related Net WAC Rate Carryover Amount from the prior Distribution Dates, and (3) accrued interest at the related Formula Rate on the amount described in clause (2) for the most recently ended Accrual Period. Any Net WAC Rate Carryover Amount will be paid on such Distribution Date or future Distribution Dates to the extent of funds available for that purpose.
 


PASS-THROUGH RATES (Continued)
Swap Agreement:
 
On the Closing Date, the Trustee, will enter into a swap agreement (the “Swap Agreement”) with an initial notional amount of approximately $982,175,627. Under the Swap Agreement, on or before each Distribution Date beginning with the Distribution Date in July 2007 and ending with the Distribution Date in December 2013, the Trust will be obligated to pay to the Swap Provider an amount equal to the product of (x) a fixed rate equal to [5.00]% per annum (y) the product of (i) the Swap Notional Amount (defined herein) for that Distribution Date and (ii) 250, and (z) a fraction, the numerator of which is 30 and the denominator of which is 360, and the Trust will be entitled to receive an amount equal to the product of (x) one-month LIBOR as determined pursuant to the Swap Agreement, for the related calculation period (as defined in the Swap Agreement), (y) the product of (i) the Swap Notional Amount (defined herein) for that Distribution Date and (ii) 250, and (z) a fraction, the numerator of which is equal to the actual number of days in the related calculation period and the denominator of which is 360. Only the net amount of the two obligations will be paid by the appropriate party (“Net Swap Payment”).
 
The “Swap Notional Amount” for each Distribution Date will be an amount equal to the lesser of (x) the product of (i) the aggregate certificate principal balance of the outstanding Class A and Mezzanine Certificates immediately prior to such Distribution Date and (ii) 1/250 and (y) the scheduled swap notional amount for such Distribution Date as set forth in the “Swap Notional Schedule” herein.
 
Generally, the Net Swap Payment will be deposited into a swap account (the “Swap Account”) by the Swap Administrator pursuant to the Swap Agreement and a swap administration agreement and amounts on deposit in the Swap Account will be distributed in accordance with the terms set forth in the Pooling and Servicing Agreement. Upon early termination of the Swap Agreement, the Trust or the Swap Provider may be liable to make a termination payment (the ‘‘Swap Termination Payment’’) to the other party (regardless of which party caused the termination). The Swap Termination Payment will be computed in accordance with the procedures set forth in the Swap Agreement. In the event that the Trust is required to make a Swap Termination Payment, in certain instances, that payment will be paid on the related Distribution Date, and on any subsequent Distribution Dates until paid in full, prior to distributions to Certificate holders.
 

INTEREST DISTRIBUTIONS
I.  On each Distribution Date, the Group I Interest Remittance Amount will be distributed from Available Funds in the following order of priority:
(i)  to the holders of the Class I-A-1 Certificates, current interest for such Distribution Date;
(ii)  to the holders of the Class I-A-1 Certificates, the Unpaid Interest Shortfall Amount, if any, for such Distribution Date; and
(iii)  concurrently, to the holders of the Group II Certificates, pro rata, based on their respective entitlements, the remaining current interest and remaining Unpaid Interest Shortfall Amount, if any, for each such class for such Distribution Date to the extent not distributed pursuant to II(i) and (ii) below.
II.  On each Distribution Date, the Group II Interest Remittance Amount will be distributed from Available Funds in the following order of priority:
(i)  concurrently, to the holders of the Group II Certificates, pro rata, based on their respective entitlements, current interest for such Distribution Date;
(ii)  concurrently, to the holders of the Group II Certificates, pro rata, based on their respective entitlements, the Unpaid Interest Shortfall Amount, if any, for such Distribution Date; and
(iii)   to the holders of the Class I-A-1 Certificates, the remaining current interest and remaining Unpaid Interest Shortfall Amount, if any, for such Distribution Date to the extent not distributed pursuant to I(i) and (ii) above.
 
III.  On each Distribution Date, following the distributions made pursuant to clauses I and II above, the Trustee shall make the following disbursements and transfers in the order of priority described below, in each case to the extent of the Interest Remittance Amount remaining undistributed for such Distribution Date:
(i)  to the holders of the Class M-1 Certificates, current interest for such class for such Distribution Date;
(ii)  to the holders of the Class M-2 Certificates, current interest for such class for such Distribution Date;
(iii)  to the holders of the Class M-3 Certificates, current interest for such class for such Distribution Date;
(iv)  to the holders of the Class M-4 Certificates, current interest for such class for such Distribution Date;
(v)  to the holders of the Class M-5 Certificates, current interest for such class for such Distribution Date;
(vi)  to the holders of the Class M-6 Certificates, current interest for such class for such Distribution Date;
(vii)  to the holders of the Class M-7 Certificates, current interest for such class for such Distribution Date;
(viii)  to the holders of the Class M-8 Certificates, current interest for such class for such Distribution Date;
(ix)  to the holders of the Class M-9 Certificates, current interest for such class for such Distribution Date;
(x)  to the holders of the Class M-10 Certificates, current interest for such class for such Distribution Date; and
(xi)  any remainder as described under “Excess Cashflow Distribution”.
 


PRINCIPAL DISTRIBUTIONS
I.  On each Distribution Date, (a) prior to the Stepdown Date or (b) on which a Trigger Event is in effect, the Group I Principal Distribution Amount, to the extent available, will be distributed in the following order of priority:
(i)  to the holders of the Class I-A-1 Certificates, until the certificate principal balance thereof has been reduced to zero; and
(ii)  to the holders of the Group II Certificates (allocated as described below), until the certificate principal balances thereof have been reduced to zero, after the distributions pursuant to II(i) below;
II.  On each Distribution Date, (a) prior to the Stepdown Date or (b) on which a Trigger Event is in effect, the Group II Principal Distribution Amount, to the extent available, will be distributed in the following order of priority:
(i)  to the holders of the Group II Certificates (allocated as described below), until the certificate principal balances thereof have been reduced to zero; and
(ii)  to the holders of the Class I-A-1 Certificates, until the certificate principal balance thereof has been reduced to zero, after the distributions pursuant to I(i) above;
III.  On each Distribution Date (a) prior to the Stepdown Date or (b) on which a Trigger Event is in effect, distributions in respect of principal to the extent of the Principal Distribution Amount remaining undistributed after I and II above for such Distribution Date shall be made in the following amounts and order of priority:
(i)  to the Class M-1 Certificates until the certificate principal balance is reduced to zero;
(ii)  to the Class M-2 Certificates until the certificate principal balance is reduced to zero;
(iii)  to the Class M-3 Certificates until the certificate principal balance is reduced to zero;
(iv)  to the Class M-4 Certificates until the certificate principal balance is reduced to zero;
(v)  to the Class M-5 Certificates until the certificate principal balance is reduced to zero;
(vi)  to the Class M-6 Certificates until the certificate principal balance is reduced to zero;
(vii)  to the Class M-7 Certificates until the certificate principal balance is reduced to zero;
(viii)  to the Class M-8 Certificates until the certificate principal balance is reduced to zero;
(ix)  to the Class M-9 Certificates until the certificate principal balance is reduced to zero; and
(x)  to the Class M-10 Certificates until the certificate principal balance is reduced to zero.
 


PRINCIPAL DISTRIBUTIONS (Continued)
IV.  On each Distribution Date, (a) on or after the Stepdown Date and (b) on which a Trigger Event is not in effect, the Group I Principal Distribution Amount will be distributed in the following order of priority:
(i)  to the holders of the Class I-A-1 Certificates, the Group I Senior Principal Distribution Amount, until the certificate principal balance thereof has been reduced to zero; and
(ii)  to the holders of the Group II Certificates (allocated as described below), the Group II Senior Principal Distribution Amount remaining undistributed, until the certificate principal balances thereof have been reduced to zero.
V.  On each Distribution Date, (a) on or after the Stepdown Date and (b) on which a Trigger Event is not in effect, the Group II Principal Distribution Amount will be distributed in the following order of priority:
(i)  to the holders of the Group II Certificates (allocated as described below), the Group II Senior Principal Distribution Amount, until the certificate principal balances thereof have been reduced to zero; and
(ii)  to the holders of the Class I-A-1 Certificates, the Group I Senior Principal Distribution Amount remaining undistributed, until the certificate principal balance thereof has been reduced to zero.
VI.  On each Distribution Date (a) on or after the Stepdown Date and (b) on which a Trigger Event is not in effect, distributions in respect of principal to the extent of the Principal Distribution Amount remaining undistributed after IV and V above for such Distribution Date shall be made in the following amounts and order of priority:
(i)  to the Class M-1 Certificates, the Class M-1 Principal Distribution Amount until the certificate principal balance thereof is reduced to zero;
(ii)  to the Class M-2 Certificates, the Class M-2 Principal Distribution Amount until the certificate principal balance thereof is reduced to zero;
(iii)  to the Class M-3 Certificates, the Class M-3 Principal Distribution Amount until the certificate principal balance thereof is reduced to zero;
(iv)  to the Class M-4 Certificates, the Class M-4 Principal Distribution Amount until the certificate principal balance thereof is reduced to zero;
(v)  to the Class M-5 Certificates, the Class M-5 Principal Distribution Amount until the certificate principal balance thereof is reduced to zero;
(vi)  to the Class M-6 Certificates, the Class M-6 Principal Distribution Amount until the certificate principal balance thereof is reduced to zero;
(vii)  to the Class M-7 Certificates, the Class M-7 Principal Distribution Amount until the certificate principal balance thereof is reduced to zero;
(viii)  to the Class M-8 Certificates, the Class M-8 Principal Distribution Amount until the certificate principal balance thereof is reduced to zero;
(ix)  to the Class M-9 Certificates, the Class M-9 Principal Distribution Amount until the certificate principal balance thereof is reduced to zero; and
(x)  to the Class M-10 Certificates, the Class M-10 Principal Distribution Amount until the certificate principal balance thereof is reduced to zero.
 
With respect to the Group II Certificates, all principal distributions will be distributed sequentially, to the holders of the Class II-A-1, Class II-A-2, Class II-A-3 and Class II-A-4 Certificates, in that order, until the certificate principal balance of each such class has been reduced to zero, provided however, if all the Mezzanine Certificates and the Overcollateralization Amount have been reduced to zero, such principal will be distributed concurrently to the Class II-A-1, Class II-A-2, Class II-A-3 and Class II-A-4 Certificates, pro rata, until each such class has been reduced to zero.
 
EXCESS CASHFLOW DISTRIBUTION
On each Distribution Date, any Excess Cashflow shall be paid as follows:
(i)   to restore or maintain the Overcollateralization Amount to the Overcollateralization Target Amount payable in the same manner and priorities as described under Principal Distributions above;
(ii)  to the Class M-1 Certificates, any Unpaid Interest Shortfall Amount;
(iii)  to the Class M-1 Certificates, any Allocated Realized Loss Amounts;
(iv)  to the Class M-2 Certificates, any Unpaid Interest Shortfall Amount;
(v)  to the Class M-2 Certificates, any Allocated Realized Loss Amounts;
(vi)  to the Class M-3 Certificates, any Unpaid Interest Shortfall Amount;
(vii)  to the Class M-3 Certificates, any Allocated Realized Loss Amounts;
(viii)  to the Class M-4 Certificates, any Unpaid Interest Shortfall Amount;
(ix)  to the Class M-4 Certificates, any Allocated Realized Loss Amounts;
(x)  to the Class M-5 Certificates, any Unpaid Interest Shortfall Amount;
(xi)  to the Class M-5 Certificates, any Allocated Realized Loss Amounts;
(xii)  to the Class M-6 Certificates, any Unpaid Interest Shortfall Amount;
(xiii)  to the Class M-6 Certificates, any Allocated Realized Loss Amounts;
(xiv)  to the Class M-7 Certificates, any Unpaid Interest Shortfall Amount;
(xv)  to the Class M-7 Certificates, any Allocated Realized Loss Amounts;
(xvi)  to the Class M-8 Certificates, any Unpaid Interest Shortfall Amount;
(xvii)  to the Class M-8 Certificates, any Allocated Realized Loss Amounts;
(xviii)  to the Class M-9 Certificates, any Unpaid Interest Shortfall Amount;
(xix)  to the Class M-9 Certificates, any Allocated Realized Loss Amounts;
(xx)  to the Class M-10 Certificates, any Unpaid Interest Shortfall Amount;
(xxi)  to the Class M-10 Certificates, any Allocated Realized Loss Amounts;
(xxii)  an amount equal to any Net WAC Rate Carryover Amounts first, to each class of Class A Certificates, any related Net WAC Carryover Amount, pro rata based on the Net WAC Carryover Amount and second, sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 and Class M-10 Certificates to the extent of the Net WAC Carryover Amount for each such class;
(xxiii)  to the Swap Provider, any Swap Termination Payments resulting from a Swap Provider Trigger Event;
(xxiv)  to the Class C Certificates as provided in the pooling and servicing agreement; and
(xxv)  any remaining amounts to the Residual Certificates which are not offered hereby.
 




SWAP PAYMENT DISTRIBUTION
(A)      On each Distribution Date, funds deposited into the Swap Account for payment to the Swap Provider will be distributed in the following order of priority:
 
(i) to the Swap Provider, any Net Swap Payment owed to the Swap Provider pursuant to the Swap Agreement for such Distribution Date; and
 
(ii) to the Swap Provider, any Swap Termination Payment (not caused by a Swap Provider Trigger Event) owed to the Swap Provider pursuant to the Swap Agreement.
 
(B)  On each Distribution Date, any Net Swap Payments on deposit in the Swap Account received from the Swap Provider will be distributed in the following order of priority:
 
(i) to each class of the Class A Certificates, any unpaid interest, pro rata, including any accrued unpaid interest from a prior Distribution Date;
 
(ii) to the Mezzanine Certificates, sequentially, any unpaid interest, including any accrued unpaid interest from a prior Distribution Date;
 
(iii) to the Class A Certificates and to the Mezzanine Certificates, any principal in accordance with the principal payment provisions in an amount necessary to maintain the applicable Overcollateralization Target Amount;
 
(iv) to the Mezzanine Certificates, sequentially, any remaining Allocated Realized Loss Amounts; and
 
(v) an amount equal to any unpaid remaining Net WAC Rate Carryover Amounts with respect to the Class A and Mezzanine Certificates to such Certificates, first concurrently, to each class of Class A Certificates, pro rata based on the remaining Net WAC Carryover Amount and second, sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 and Class M-10 Certificates.
 

DEFINITIONS
Allocated Realized Loss Amount:
 
An Allocated Realized Loss Amount with respect to any class of Mezzanine Certificates and any Distribution Date is an amount equal to the sum of any Realized Loss allocated to that class of Certificates on such Distribution Date and any Allocated Realized Loss Amount for that class remaining unpaid from the previous Distribution Date.
 
Class M-1 Principal Distribution Amount:
 
The Class M-1 Principal Distribution Amount is an amount equal to the excess of (x) the sum of the aggregate certificate principal balance of the Class A Certificates (after taking into account the Senior Principal Distribution Amount) and the Class M-1 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 63.40% and (ii) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period after giving effect to prepayments in the related Prepayment Period and (B) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period after giving effect to prepayments in the related Prepayment Period, minus the product of (x) 0.50% and (y) the principal balance of the Mortgage Loans as of the Cut-off Date.
 
Class M-2 Principal Distribution Amount:
 
The Class M-2 Principal Distribution Amount is an amount equal to the excess of (x) the sum of the aggregate certificate principal balance of the Class A Certificates (after taking into account the Senior Principal Distribution Amount), the Class M-1 Certificates (after taking into account the Class M-1 Principal Distribution Amount) and the Class M-2 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 70.90% and (ii) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period after giving effect to prepayments in the related Prepayment Period and (B) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period after giving effect to prepayments in the related Prepayment Period, minus the product of (x) 0.50% and (y) the principal balance of the Mortgage Loans as of the Cut-off Date.
 

DEFINITIONS (Continued)
Class M-3 Principal Distribution Amount:
 
The Class M-3 Principal Distribution Amount is an amount equal to the excess of (x) the sum of the aggregate certificate principal balance of the Class A Certificates (after taking into account the Senior Principal Distribution Amount), the Class M-1 Certificates (after taking into account the Class M-1 Principal Distribution Amount), the Class M-2 Certificates (after taking into account the Class M-2 Principal Distribution Amount) and the Class M-3 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 74.80% and (ii) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period after giving effect to prepayments in the related Prepayment Period and (B) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period, minus the product of (x) 0.50% and (y) the principal balance of the Mortgage Loans as of the Cut-off Date.
 
Class M-4 Principal Distribution Amount:
 
The Class M-4 Principal Distribution Amount is an amount equal to the excess of (x) the sum of the aggregate certificate principal balance of the Class A Certificates (after taking into account the Senior Principal Distribution Amount), the Class M-1 Certificates (after taking into account the Class M-1 Principal Distribution Amount), the Class M-2 Certificates (after taking into account the Class M-2 Principal Distribution Amount), the Class M-3 Certificates (after taking into account the Class M-3 Principal Distribution Amount), and the Class M-4 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 78.30% and (ii) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period after giving effect to prepayments in the related Prepayment Period and (B) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period, minus the product of (x) 0.50% and (y) the principal balance of the Mortgage Loans as of the Cut-off Date.
 

DEFINITIONS (Continued)
Class M-5 Principal Distribution Amount:
 
The Class M-5 Principal Distribution Amount is an amount equal to the excess of (x) the sum of the aggregate certificate principal balance of the Class A Certificates (after taking into account the Senior Principal Distribution Amount), the Class M-1 Certificates (after taking into account the Class M-1 Principal Distribution Amount), the Class M-2 Certificates (after taking into account the Class M-2 Principal Distribution Amount), the Class M-3 Certificates (after taking into account the Class M-3 Principal Distribution Amount), the Class M-4 Certificates (after taking into account the Class M-4 Principal Distribution Amount), and the Class M-5 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 81.60% and (ii) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period after giving effect to prepayments in the related Prepayment Period and (B) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period, minus the product of (x) 0.50% and (y) the principal balance of the Mortgage Loans as of the Cut-off Date.
 
Class M-6 Principal Distribution Amount:
 
The Class M-6 Principal Distribution Amount is an amount equal to the excess of (x) the sum of the aggregate certificate principal balance of the Class A Certificates (after taking into account the Senior Principal Distribution Amount), the Class M-1 Certificates (after taking into account the Class M-1 Principal Distribution Amount), the Class M-2 Certificates (after taking into account the Class M-2 Principal Distribution Amount), the Class M-3 Certificates (after taking into account the Class M-3 Principal Distribution Amount), the Class M-4 Certificates (after taking into account the Class M-4 Principal Distribution Amount), the Class M-5 Certificates (after taking into account the Class M-5 Principal Distribution Amount) and the Class M-6 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 83.60% and (ii) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period after giving effect to prepayments in the related Prepayment Period and (B) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period, minus the product of (x) 0.50% and (y) the principal balance of the Mortgage Loans as of the Cut-off Date.
 

DEFINITIONS (Continued)
Class M-7 Principal Distribution Amount:
 
The Class M-7 Principal Distribution Amount is an amount equal to the excess of (x) the sum of the aggregate certificate principal balance of the Class A Certificates (after taking into account the Senior Principal Distribution Amount), the Class M-1 Certificates (after taking into account the Class M-1 Principal Distribution Amount), the Class M-2 Certificates (after taking into account the Class M-2 Principal Distribution Amount), the Class M-3 Certificates (after taking into account the Class M-3 Principal Distribution Amount), the Class M-4 Certificates (after taking into account the Class M-4 Principal Distribution Amount), the Class M-5 Certificates (after taking into account the Class M-5 Principal Distribution Amount), the Class M-6 Certificates (after taking into account the Class M-6 Principal Distribution Amount) and the Class M-7 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 86.20% and (ii) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period after giving effect to prepayments in the related Prepayment Period and (B) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period, minus the product of (x) 0.50% and (y) the principal balance of the Mortgage Loans as of the Cut-off Date.
 
Class M-8 Principal Distribution Amount:
 
The Class M-8 Principal Distribution Amount is an amount equal to the excess of (x) the sum of the aggregate certificate principal balance of the Class A Certificates (after taking into account the Senior Principal Distribution Amount), the Class M-1 Certificates (after taking into account the Class M-1 Principal Distribution Amount), the Class M-2 Certificates (after taking into account the Class M-2 Principal Distribution Amount), the Class M-3 Certificates (after taking into account the Class M-3 Principal Distribution Amount), the Class M-4 Certificates (after taking into account the Class M-4 Principal Distribution Amount), the Class M-5 Certificates (after taking into account the Class M-5 Principal Distribution Amount), the Class M-6 Certificates (after taking into account the Class M-6 Principal Distribution Amount), the Class M-7 Certificates (after taking into account the Class M-7 Principal Distribution Amount) and the Class M-8 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 88.20% and (ii) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period after giving effect to prepayments in the related Prepayment Period and (B) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period, minus the product of (x) 0.50% and (y) the principal balance of the Mortgage Loans as of the Cut-off Date.
 
 
DEFINITIONS (Continued)
Class M-9 Principal Distribution Amount:
 
The Class M-9 Principal Distribution Amount is an amount equal to the excess of (x) the sum of the aggregate certificate principal balance of the Class A Certificates (after taking into account the Senior Principal Distribution Amount), the Class M-1 Certificates (after taking into account the Class M-1 Principal Distribution Amount), the Class M-2 Certificates (after taking into account the Class M-2 Principal Distribution Amount), the Class M-3 Certificates (after taking into account the Class M-3 Principal Distribution Amount), the Class M-4 Certificates (after taking into account the Class M-4 Principal Distribution Amount), the Class M-5 Certificates (after taking into account the Class M-5 Principal Distribution Amount), the Class M-6 Certificates (after taking into account the Class M-6 Principal Distribution Amount), the Class M-7 Certificates (after taking into account the Class M-7 Principal Distribution Amount), the Class M-8 Certificates (after taking into account the Class M-8 Principal Distribution Amount) and the Class M-9 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 91.00% and (ii) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period after giving effect to prepayments in the related Prepayment Period and (B) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period, minus the product of (x) 0.50% and (y) the principal balance of the Mortgage Loans as of the Cut-off Date.
 
Class M-10 Principal Distribution Amount:
 
The Class M-10 Principal Distribution Amount is an amount equal to the excess of (x) the sum of the aggregate certificate principal balance of the Class A Certificates (after taking into account the Senior Principal Distribution Amount), the Class M-1 Certificates (after taking into account the Class M-1 Principal Distribution Amount), the Class M-2 Certificates (after taking into account the Class M-2 Principal Distribution Amount), the Class M-3 Certificates (after taking into account the Class M-3 Principal Distribution Amount), the Class M-4 Certificates (after taking into account the Class M-4 Principal Distribution Amount), the Class M-5 Certificates (after taking into account the Class M-5 Principal Distribution Amount), the Class M-6 Certificates (after taking into account the Class M-6 Principal Distribution Amount), the Class M-7 Certificates (after taking into account the Class M-7 Principal Distribution Amount), the Class M-8 Certificates (after taking into account the Class M-8 Principal Distribution Amount), the Class M-9 Certificates (after taking into account the Class M-9 Principal Distribution Amount) and the Class M-10 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 94.00% and (ii) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period after giving effect to prepayments in the related Prepayment Period and (B) the aggregate principal balance of the Mortgage Loans as of the last day of the related due period, minus the product of (x) 0.50% and (y) the principal balance of the Mortgage Loans as of the Cut-off Date.
 

DEFINITIONS (Continued)
Extra Principal Distribution Amount:
 
The Extra Principal Distribution Amount with respect to any Distribution Date is the lesser of (x) the Excess Cashflow for such Distribution Date and (y) the Overcollateralization Deficiency Amount for such Distribution Date.
 
Group I Basic Principal Distribution Amount:
 
The Group I Basic Principal Distribution Amount means with respect to any Distribution Date (A) the excess of (i) the Group I Principal Remittance Amount for such Distribution Date over (ii) the product of (a) the Overcollateralization Release Amount, if any, for such Distribution Date and (b) the Group I Principal Percentage minus (B) the pro rata portion of the amount of the Net Swap Payment or Swap Termination Payment (other than a Swap Termination Payment due to a Swap Provider Trigger Event) due to the Swap Provider and remaining unpaid from the Interest Remittance Amount on such Distribution Date.
 
Group I Interest Remittance Amount:
 
The Group I Interest Remittance Amount with respect to any Distribution Date is that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group I Mortgage Loans.
 
Group I Principal Distribution Amount:
 
The Group I Principal Distribution Amount with respect to any Distribution Date is the sum of (i) the Group I Basic Principal Distribution Amount for such Distribution Date and (ii) the product of (a) the Extra Principal Distribution Amount for such Distribution Date and (b) the Group I Principal Percentage.
 
Group I Principal Percentage:
 
The Group I Principal Percentage for any Distribution Date is the percentage equivalent of a fraction, the numerator of which is (i) the Group I Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.


DEFINITIONS (Continued)
Group I Principal Remittance Amount:
The Group I Principal Remittance Amount means with respect to any Distribution Date, the sum of (i) all scheduled payments of principal collected or advanced on the Group I Mortgage Loans by the Servicer that were due during the related Due Period, (ii) the principal portion of all partial and full principal prepayments of the Group I Mortgage Loans applied by the Servicer during the related Prepayment Period, (iii) the principal portion of all related net liquidation proceeds and insurance proceeds received during such Prepayment Period with respect to the Group I Mortgage Loans, (iv) that portion of the Purchase Price, representing principal of any repurchased Group I Mortgage Loan, deposited to the Collection Account during such Prepayment Period, (v) the principal portion of any related Substitution Adjustments deposited in the Collection Account during such Prepayment Period with respect to the Group I Mortgage Loans and (vi) on the Distribution Date on which the Trust is to be terminated in accordance with the Pooling Agreement, that portion of the Termination Price, representing principal with respect to the Group I Mortgage Loans.
 
Group I Senior Principal Distribution Amount:
 
Group I Senior Principal Distribution Amount means as of any Distribution Date on or after the Stepdown Date and as long as a Trigger Event is not in effect, the excess of (a) the certificate principal balance of the Class I-A-1 Certificates immediately prior to such Distribution Date over (b) the lesser of (x) the product of (1) approximately 53.00% and (2) the aggregate principal balance of the Group I Mortgage Loans as of the last day of the related due period after giving effect to prepayments in the related Prepayment Period and (y) the aggregate principal balance of the Group I Mortgage Loans as of the last day of the related due period after giving effect to prepayments in the related Prepayment Period minus the product of (1) 0.50% and (2) the aggregate principal balance of the Group I Mortgage Loans on the Cut-off Date.
 


DEFINITIONS (Continued)
Group II Basic Principal Distribution Amount:
 
The Group II Basic Principal Distribution Amount means with respect to any Distribution Date (A) the excess of (i) the Group II Principal Remittance Amount for such Distribution Date over (ii) the product of (a) the Overcollateralization Release Amount, if any, for such Distribution Date and (b) the Group II Principal Percentage minus (B) the pro rata portion of the amount of the Net Swap Payment or Swap Termination Payment (other than a Swap Termination Payment due to a Swap Provider Trigger Event) due to the Swap Provider and remaining unpaid from the Interest Remittance Amount on such Distribution Date.
 
Group II Interest Remittance Amount:
 
The Group II Interest Remittance Amount with respect to any Distribution Date is that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group II Mortgage Loans.
 
Group II Principal Distribution Amount:
 
The Group II Principal Distribution Amount with respect to any Distribution Date is the sum of (i) the Group II Basic Principal Distribution Amount for such Distribution Date and (ii) the product of (a) the Extra Principal Distribution Amount for such Distribution Date and (b) the Group II Principal Percentage.
 
Group II Principal Percentage:
 
The Group II Principal Percentage for any Distribution Date is the percentage equivalent of a fraction, the numerator of which is (i) the Group II Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.
 

DEFINITIONS (Continued)
Group II Principal Remittance Amount:
 
The Group II Principal Remittance Amount means with respect to any Distribution Date, the sum of (i) all scheduled payments of principal collected or advanced on the Group II Mortgage Loans by the Servicer that were due during the related Due Period, (ii) the principal portion of all partial and full principal prepayments of the Group II Mortgage Loans applied by the Servicer during the related Prepayment Period, (iii) the principal portion of all related net liquidation proceeds and insurance proceeds received during such Prepayment Period with respect to the Group II Mortgage Loans, (iv) that portion of the Purchase Price, representing principal of any repurchased Group II Mortgage Loan, deposited to the Collection Account during such Prepayment Period, (v) the principal portion of any related Substitution Adjustments deposited in the Collection Account during such Prepayment Period with respect to the Group II Mortgage Loans and (vi) on the Distribution Date on which the Trust is to be terminated in accordance with the Pooling Agreement, that portion of the Termination Price, representing principal with respect to the Group II Mortgage Loans.
 
Group II Senior Principal Distribution Amount:
 
Group II Senior Principal Distribution Amount means as of any Distribution Date on or after the Stepdown Date and as long as a Trigger Event is not in effect, the excess of (a) the aggregate certificate principal balance of the Group II Certificates immediately prior to such Distribution Date over (b) the lesser of (x) the product of (1) approximately 53.00% and (2) the aggregate principal balance of the Group II Mortgage Loans as of the last day of the related due period after giving effect to prepayments in the related Prepayment Period and (y) the aggregate principal balance of the Group II Mortgage Loans as of the last day of the related due period after giving effect to prepayments in the related Prepayment Period minus the product of (1) 0.50% and (2) the aggregate principal balance of the Group II Mortgage Loans on the Cut-off Date.
 
 
DEFINITIONS (Continued)
Interest Remittance Amount:
 
The Interest Remittance Amount is the sum of the Group I Interest Remittance Amount and the Group II Interest Remittance Amount.
 
Principal Remittance Amount:
 
The Principal Remittance Amount is the sum of the Group I Principal Remittance Amount and the Group II Principal Remittance Amount.
 
Principal Distribution Amount:
 
The Principal Distribution Amount is the sum of the Group I Principal Distribution Amount and the Group II Principal Distribution Amount.
 
Senior Principal Distribution Amount:
The Senior Principal Distribution Amount is an amount equal to the sum of (i) the Group I Senior Principal Distribution Amount and (ii) the Group II Senior Principal Distribution Amount.
 
Realized Loss:
 
Realized Loss means, with respect to any defaulted Mortgage Loan that is liquidated, the amount of loss realized equal to the portion of the principal balance remaining unpaid after application of all liquidation proceeds and insurance proceeds net of amounts reimbursable to the Servicer for related Advances, Servicing Advances and Servicing Fees in respect of such Mortgage Loan. All Realized Losses on the Mortgage Loans will be allocated on each Distribution Date, first to the Excess Cashflow, second to the Net Swap Payment to the Trust, if any, and after B(i) and B(ii) in the Swap Payment Distribution, third, in reduction of the Overcollateralization Amount, fourth, to the Class M-10 Certificates, fifth to the Class M-9 Certificates, sixth to the Class M-8 Certificates, seventh to the Class M-7 Certificates, eighth to the Class M-6 Certificates, ninth to the Class M-5 Certificates, tenth to the Class M-4 Certificates, eleventh to the Class M-3 Certificates, twelfth to the Class M-2 Certificates and thirteenth to the Class M-1 Certificates. An allocation of any Realized Losses to a Mezzanine Certificate on any Distribution Date will be made by reducing the certificate principal balance thereof, after taking into account all distributions made thereon on such Distribution Date. Realized Losses will not be allocated to the Class A Certificates. However it is possible that under certain loss scenarios there may not be enough principal and interest on the Mortgage Loans to pay the Class A Certificates all interest and principal amounts to which such Certificates are then entitled.
SCRIPTION OF
DESCRIPTION OF COLLATERAL
TOTAL POOL MORTGAGE LOANS

Summary
  
Total
  
Minimum
  
Maximum
  
Cut-off Date Principal Balance
  
$
1,013,491,499.59
  
$
13,278.97
  
$
1,300,000.00
  
Number of Loans
    
3,952
            
Average Original Loan Balance
  
$
256,536.61
  
$
13,320.00
  
$
1,300,000.00
  
Average Current Loan Balance
  
$
256,450.28
            
(1) Weighted Average Combined Original LTV
    
80.07
%
  
12.93
%
  
100.00
%
(1) Weighted Average Gross Coupon
    
8.452
%
  
5.600
%
  
14.700
%
(1) (2) Weighted Average Gross Margin
   
6.095
%
  
2.500
%
  
9.100
%
(1) (2) Weighted Average Term to Next Rate Adjustment Date (months)
    
27
    
13
    
60
  
(1) Weighted Average Remaining Term to Maturity (months)
    
359
    
81
    
360
  
(1) (3) Weighted Average Credit Score
    
614
    
500
    
796
  
(1) Weighted Average reflected in Total.
(2) Adjustable Rate Mortgage Loans Only
(3) 99.83% of the Mortgage Loans have Credit Scores.

   
Percent of Cut-off Date
 
Range
Principal Balance
Product Type
Adjustable
75.77%
  
 
Fixed
24.23%
  
       
Interest Only Loans
  
4.37%
  
Balloon Loans
  
51.19%
  
       
Lien
First
99.48%
  
 
Second
0.52%
  
 
      
Property Type
Single Family
73.19%
  
 
PUD
11.36%
  
 
2-4 Family
10.36%
  
 
Low Rise Condo
4.11%
  
 
High Rise Condo
0.69%
  
 
Condotel
0.22%
  
 
Condo Conversion
0.06%
  
       
Occupancy Status
Owner Occupied
88.56%
  
 
Non-Owner Occupied
9.30%
  
 
Second Home
2.14%
  
       
Geographic Distribution
California
25.92%
  
 
New York
11.97%
  
 
Florida
11.35%
  
 
New Jersey
5.61%
  
 
Texas
4.05%
  
       
Number of States
48
    
Largest Zip Code Concentration
11221
0.38%
  
Loans with Prepayment Penalties
  
74.03%
  
 
Range of Mortgage Coupons (%)
 
 
 
Current Mortgage Rate
Number
of
Mortgage
Loans
 
Aggregate
Principal
Balance
Percent
of Loans
by Principal
Balance
 
 N.Z.
W.A.
DTI
 
W.A.
Gross
Coupon
 
W.A.
Credit
Score
W.A.
Combined
Original
LTV
W.A.
Original
Term to
Maturity
W.A.
Remaining
Term to
Maturity
 
W.A.
Loan
Age
5.501% to 6.000%
32
$13,245,720.89
1.31%
44.57%
5.829%
660
78.15%
360
360
0
6.001% to 6.500%
117
39,505,477.79
3.90
45.34
6.384
643
74.65
357
357
0
6.501% to 7.000%
256
90,210,252.61
8.90
43.09
6.835
638
78.67
359
359
0
7.001% to 7.500%
328
106,276,359.95
10.49
44.07
7.317
623
78.06
360
360
0
7.501% to 8.000%
533
176,246,310.03
17.39
42.64
7.814
619
79.67
360
359
0
8.001% to 8.500%
425
124,296,303.85
12.26
42.05
8.292
610
79.73
360
359
0
8.501% to 9.000%
599
167,362,214.92
16.51
42.22
8.785
607
80.24
360
359
0
9.001% to 9.500%
412
96,342,859.02
9.51
41.73
9.271
605
81.33
360
360
0
9.501% to 10.000%
483
94,207,298.72
9.30
41.92
9.784
597
82.18
359
358
1
10.001% to 10.500%
243
44,107,783.79
4.35
40.75
10.262
605
83.23
359
359
0
10.501% to 11.000%
178
29,356,539.61
2.90
40.92
10.762
593
82.18
359
359
1
11.001% to 11.500%
102
12,092,758.41
1.19
40.58
11.260
593
85.17
359
358
1
11.501% to 12.000%
114
11,328,311.43
1.12
37.59
11.764
616
82.57
359
358
1
12.001% to 12.500%
83
7,466,531.25
0.74
42.15
12.261
616
82.96
358
358
1
12.501% to 13.000%
10
440,910.09
0.04
45.48
12.652
574
96.35
360
354
6
13.001% to 13.500%
9
447,426.08
0.04
40.56
13.295
625
100.00
360
356
4
13.501% to 14.000%
9
173,876.57
0.02
44.44
13.724
598
99.20
360
353
7
14.001% to 14.500%
16
331,681.83
0.03
39.05
14.197
589
100.00
355
347
8
14.501% to 15.000%
3
52,882.75
0.01
47.04
14.634
590
100.00
360
355
5
Total:
3,952
$1,013,491,499.59
100.00%
42.45%
8.452%
614
80.07%
359
359
0
 
Combined Original Loan-to-Value Ratio (%)
 
 
 
Original Combined LTV
Number
of
Mortgage
Loans
 
Aggregate
Principal
Balance
Percent
of Loans
by Principal
Balance
 
N.Z. 
W.A.
DTI
 
W.A.
Gross
Coupon
 
W.A.
Credit
Score
W.A.
Combined
Original
LTV
W.A.
Original
Term to
Maturity
W.A.
Remaining
Term to
Maturity
 
W.A.
Loan
Age
10.01% to 15.00%
1
$75,000.00
0.01%
42.43%
8.250%
645
12.93%
360
360
0
15.01% to 20.00%
2
129,928.76
0.01
34.05
10.032
589
16.68
360
359
1
20.01% to 25.00%
2
325,000.00
0.03
31.91
8.897
601
23.46
360
360
0
25.01% to 30.00%
9
997,437.66
0.10
42.97
8.853
594
28.61
360
359
1
30.01% to 35.00%
13
2,330,071.65
0.23
44.66
8.565
571
33.52
360
359
1
35.01% to 40.00%
16
2,552,589.39
0.25
39.67
8.186
605
38.37
360
360
0
40.01% to 45.00%
33
8,520,614.99
0.84
35.52
8.596
596
42.49
359
358
0
45.01% to 50.00%
60
13,208,960.82
1.30
39.99
8.260
605
48.05
357
357
0
50.01% to 55.00%
61
14,606,857.62
1.44
38.74
8.032
583
52.94
358
358
1
55.01% to 60.00%
106
26,721,484.53
2.64
41.12
8.260
590
57.94
359
358
1
60.01% to 65.00%
205
51,260,578.89
5.06
41.64
8.170
600
63.62
359
359
1
65.01% to 70.00%
274
67,967,290.82
6.71
41.52
8.212
597
68.85
360
359
1
70.01% to 75.00%
345
94,197,126.44
9.29
42.49
8.202
598
74.04
359
358
1
75.01% to 80.00%
789
215,821,490.46
21.29
42.41
8.326
613
79.40
359
359
0
80.01% to 85.00%
570
156,071,304.55
15.40
43.22
8.395
617
84.55
360
359
0
85.01% to 90.00%
1,226
333,833,402.01
32.94
43.01
8.655
629
89.71
360
360
0
90.01% to 95.00%
61
11,684,299.45
1.15
44.02
9.282
603
94.35
357
355
2
95.01% to 100.00%
179
13,188,061.55
1.30
39.53
10.352
634
99.88
360
356
4
Total:
3,952
$1,013,491,499.59
100.00%
42.45%
8.452%
614
80.07%
359
359
0
 
 
Cut-off Date Principal Balance ($)
 
 
 
 
Cut-Off Balance
Number
of
Mortgage
Loans
 
Aggregate
Principal
Balance
Percent
of Loans
by Principal
Balance
 
N.Z. 
W.A.
DTI
 
W.A.
Gross
Coupon
 
W.A.
Credit
Score
W.A.
Combined
Original
LTV
W.A.
Original
Term to
Maturity
W.A.
Remaining
Term to
Maturity
 
W.A.
Loan
Age
$0.01 to $25,000.00
92
$1,669,989.66
0.16%
39.22%
11.576%
601
98.92%
357
347
10
$25,000.01 to $50,000.00
35
1,296,017.39
0.13
40.20
11.302
642
88.83
349
337
12
$50,000.01 to $75,000.00
146
9,347,592.70
0.92
37.29
11.081
630
80.02
352
352
0
$75,000.01 to $100,000.00
215
19,280,725.25
1.90
36.09
10.246
622
79.41
359
358
1
$100,000.01 to $125,000.00
369
41,643,675.22
4.11
38.51
9.621
603
79.08
359
358
1
$125,000.01 to $150,000.00
383
52,737,791.38
5.20
39.76
9.230
601
77.96
358
357
0
$150,000.01 to $175,000.00
353
57,253,880.08
5.65
39.77
9.010
604
79.84
359
359
0
$175,000.01 to $200,000.00
287
53,929,369.08
5.32
41.40
8.751
601
77.02
359
359
0
$200,000.01 to $225,000.00
290
61,733,977.12
6.09
40.30
8.588
606
78.39
360
360
0
$225,000.01 to $250,000.00
226
54,031,612.95
5.33
41.63
8.476
609
79.44
359
359
0
$250,000.01 to $275,000.00
206
54,094,925.51
5.34
42.80
8.400
612
79.29
360
360
0
$275,000.01 to $300,000.00
174
50,132,761.83
4.95
42.35
8.193
615
78.84
359
359
0
$300,000.01 to $325,000.00
147
46,114,613.01
4.55
43.49
8.266
622
82.19
360
360
0
$325,000.01 to $350,000.00
114
38,566,240.51
3.81
43.44
8.076
620
81.40
360
360
0
$350,000.01 to $375,000.00
115
41,728,179.36
4.12
45.39
8.268
611
80.71
358
358
1
$375,000.01 to $400,000.00
105
40,784,019.04
4.02
44.50
8.127
619
80.78
360
360
0
$400,000.01 to $425,000.00
93
38,411,447.39
3.79
45.48
7.900
617
82.69
360
360
0
$425,000.01 to $450,000.00
76
33,386,846.39
3.29
43.18
7.945
615
79.78
360
360
0
$450,000.01 to $475,000.00
68
31,413,234.57
3.10
44.31
7.938
628
82.46
360
360
0
$475,000.01 to $500,000.00
71
34,644,630.57
3.42
44.71
7.833
630
81.85
360
360
0
$500,000.01 to $525,000.00
55
28,293,302.07
2.79
44.11
7.936
616
81.27
360
360
0
$525,000.01 to $550,000.00
40
21,454,368.84
2.12
44.25
7.761
637
83.33
360
360
0
$550,000.01 to $575,000.00
43
24,188,169.60
2.39
44.50
8.077
620
84.93
360
360
0
$575,000.01 to $600,000.00
48
28,268,314.11
2.79
42.18
8.157
621
84.23
360
360
0
$600,000.01 to $625,000.00
34
20,809,614.20
2.05
43.34
8.067
613
80.93
360
360
0
$625,000.01 to $650,000.00
31
19,811,446.83
1.95
43.03
8.342
626
82.25
360
360
0
$650,000.01 to $675,000.00
24
15,968,135.56
1.58
43.91
8.344
620
83.55
360
360
0
$675,000.01 to $700,000.00
20
13,815,064.52
1.36
46.09
8.165
619
80.37
360
360
0
$700,000.01 to $725,000.00
19
13,548,110.57
1.34
45.72
8.412
617
84.53
360
360
0
$725,000.01 to $750,000.00
12
8,895,794.12
0.88
38.89
8.361
625
79.01
360
360
0
$750,000.01 to $775,000.00
5
3,839,571.17
0.38
42.64
8.431
596
79.98
360
359
1
$775,000.01 to $800,000.00
15
11,934,225.74
1.18
44.75
8.355
629
78.38
360
360
0
$800,000.01 or greater
41
40,463,853.25
3.99
42.59
8.079
608
70.62
360
359
1
Total:
3,952
$1,013,491,499.59
100.00%
42.45%
8.452%
614
80.07%
359
359
0
 
 
Original Term to Maturity (Months)
 
 
 
 
Original Term
Number
of
Mortgage
Loans
 
Aggregate
Principal
Balance
Percent
of Loans
by Principal
Balance
 
N.Z. 
W.A.
DTI
 
W.A.
Gross
Coupon
 
W.A.
Credit
Score
W.A.
Combined
Original
LTV
W.A.
Original
Term to
Maturity
W.A.
Remaining
Term to
Maturity
 
W.A.
Loan
Age
120
1
$68,850.00
0.01%
31.38%
10.850%
621
85.00%
120
120
0
180
15
1,831,830.99
0.18
40.53
8.509
606
69.49
180
178
2
240
11
1,434,880.67
0.14
39.84
8.552
601
81.15
240
236
4
360
3,925
1,010,155,937.93
99.67
42.46
8.451
614
80.09
360
360
0
Total:
3,952
$1,013,491,499.59
100.00%
42.45%
8.452%
614
80.07%
359
359
0
 
Remaining Term to Maturity (Months)
 
 
 
 
Remaining Term
Number
of
Mortgage
Loans
 
Aggregate
Principal
Balance
Percent
of Loans
by Principal
Balance
 
N.Z.
W.A.
DTI
 
W.A.
Gross
Coupon
 
W.A.
Credit
Score
W.A.
Combined
Original
LTV
W.A.
Original
Term to
Maturity
W.A.
Remaining
Term to
Maturity
 
W.A.
Loan
Age
81 to 85
1
$21,990.84
0.00%
33.76%
8.900%
544
56.56%
180
81
99
116 to 120
1
68,850.00
0.01
31.38
10.850
621
85.00
120
120
0
141 to 145
1
45,445.34
0.00
27.19
8.750
618
65.00
240
141
99
176 to 180
14
1,809,840.15
0.18
40.61
8.504
607
69.65
180
180
0
231 to 235
1
14,895.58
0.00
41.32
14.300
585
100.00
240
231
9
236 to 240
9
1,374,539.75
0.14
40.24
8.483
601
81.48
240
239
1
261 to 265
1
43,252.23
0.00
36.40
11.500
507
80.00
360
263
97
336 to 340
7
164,492.12
0.02
33.15
11.342
618
100.00
360
339
21
341 to 345
9
293,840.37
0.03
39.94
11.253
661
99.00
360
343
17
346 to 350
22
843,542.72
0.08
42.34
10.110
584
83.05
360
349
11
351 to 355
105
11,266,531.31
1.11
43.38
9.396
593
84.14
360
354
6
356 to 360
3,781
997,544,279.18
98.43
42.45
8.438
615
80.03
360
360
0
Total:
3,952
$1,013,491,499.59
100.00%
42.45%
8.452%
614
80.07%
359
359
0
 
 
Credit Score
 
 
 
 
Credit Score
Number
of
Mortgage
Loans
 
Aggregate
Principal
Balance
Percent
of Loans
by Principal
Balance
 
N.Z. 
W.A.
DTI
 
W.A.
Gross
Coupon
 
W.A.
Credit
Score
W.A.
Combined
Original
LTV
W.A.
Original
Term to
Maturity
W.A.
Remaining
Term to
Maturity
 
W.A.
Loan
Age
751 to 800
37
$11,521,930.63
1.14%
45.47%
7.923%
770
84.13%
360
360
0
701 to 750
143
38,906,505.80
3.84
42.63
7.989
718
82.71
360
360
0
651 to 700
564
151,930,206.31
14.99
41.69
8.034
668
82.68
360
359
0
601 to 650
1,536
416,632,286.46
41.11
42.24
8.342
624
81.86
359
359
0
551 to 600
1,320
310,790,913.10
30.67
42.94
8.658
578
77.89
360
359
0
501 to 550
328
79,362,509.98
7.83
42.81
9.254
532
72.65
359
358
1
451 to 500
11
2,485,976.59
0.25
41.05
9.573
500
74.93
360
358
2
Not Available
13
1,861,170.72
0.18
40.00
9.813
0
72.82
360
359
1
Total:
3,952
$1,013,491,499.59
100.00%
42.45%
8.452%
614
80.07%
359
359
0
 
Credit Grade
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
 N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Credit Grade
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
A
236
$60,603,888.13
5.98%
43.03%
8.808%
584
76.99%
360
359
1
AA
466
129,860,087.06
12.81
43.91
8.703
593
80.57
360
359
1
AAA
78
11,064,027.30
1.09
40.23
8.799
707
80.51
360
358
2
AA+
2,899
751,054,190.91
74.11
42.11
8.281
622
80.87
359
359
0
B
142
33,906,395.49
3.35
43.63
9.417
579
74.78
360
359
1
C
101
20,863,079.28
2.06
42.14
9.593
582
71.17
359
359
0
CC
30
6,139,831.42
0.61
41.98
10.627
575
60.97
360
359
1
Total:
3,952
$1,013,491,499.59
100.00%
42.45%
8.452%
614
80.07%
359
359
0

 
Property Type
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z. 
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Property Type
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
Single Family
2,996
$741,801,585.41
73.19%
42.31%
8.437%
611
79.72%
359
359
0
PUD
434
115,095,371.97
11.36
42.69
8.514
610
81.22
360
359
0
2-4 Family
331
105,004,029.77
10.36
43.37
8.497
634
80.22
360
360
0
Low Rise Condo
167
41,697,233.82
4.11
41.99
8.498
627
82.77
360
360
0
High Rise Condo
17
7,031,067.27
0.69
40.50
8.280
609
77.43
360
360
0
Condotel
5
2,229,461.35
0.22
45.45
7.391
716
87.76
360
359
1
Condo Conversion
2
632,750.00
0.06
48.63
9.449
622
82.74
360
360
0
Total:
3,952
$1,013,491,499.59
100.00%
42.45%
8.452%
614
80.07%
359
359
0


Occupancy Status
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z. 
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Occupancy
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
Owner Occupied
3,363
$897,593,306.88
88.56%
42.70%
8.337%
610
79.92%
359
359
0
Non-Owner Occupied
521
94,257,771.24
9.30
41.06
9.572
650
81.96
359
359
0
Second Home
68
21,640,421.47
2.14
37.81
8.322
639
77.78
360
360
0
Total:
3,952
$1,013,491,499.59
100.00%
42.45%
8.452%
614
80.07%
359
359
0


Documentation
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z. 
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Documentation
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
Full
2,224
$502,293,529.03
49.56%
43.11%
8.307%
602
80.51%
359
359
0
Stated Income
1,433
430,825,169.24
42.51
42.22
8.605
625
79.31
360
359
0
Business Bank Statements
164
52,959,441.53
5.23
38.81
8.528
606
81.99
359
359
0
No Documentation
95
20,251,790.55
2.00
0.00
8.264
707
79.96
360
359
1
Limited Income
33
6,571,611.92
0.65
36.16
9.142
636
80.74
360
359
1
No Ratio
3
589,957.32
0.06
0.00
10.896
709
86.45
360
357
3
Total:
3,952
$1,013,491,499.59
100.00%
42.45%
8.452%
614
80.07%
359
359
0
 
Loan Purpose
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z. 
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Loan Purpose
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
C/O Refi
2,649
$734,036,008.39
72.43%
42.73%
8.323%
610
78.28%
359
359
0
Purchase
882
176,067,986.54
17.37
40.69
9.078
635
86.66
360
359
1
R/T Refi
421
103,387,504.66
10.20
43.28
8.298
611
81.54
359
359
1
Total:
3,952
$1,013,491,499.59
100.00%
42.45%
8.452%
614
80.07%
359
359
0
 
 
Product Type
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
 N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Product Type
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
2/28 ARM Balloon
1,102
$371,088,648.13
36.61%
43.96%
8.175%
611
82.04%
360
360
0
2/28 ARM
1,252
278,111,415.06
27.44
41.33
9.143
607
79.02
360
360
0
30 Year Fixed
842
140,683,653.87
13.88
40.45
8.679
613
78.49
360
359
1
30/50 Balloon
163
52,377,766.36
5.17
44.30
7.518
632
79.07
360
360
0
30/40 Balloon
158
43,900,171.51
4.33
44.37
8.060
609
77.56
360
359
1
5/25 ARM Balloon
114
34,538,869.26
3.41
42.51
7.682
633
81.36
360
360
0
2/28 ARM with 5 yr IO
56
23,666,706.93
2.34
39.83
7.980
648
81.52
360
359
1
5/25 ARM
80
18,036,914.87
1.78
39.92
8.582
632
78.60
360
360
0
3/27 ARM Balloon
52
16,927,729.78
1.67
43.11
7.784
623
78.49
360
360
0
3/27 ARM
47
10,219,408.71
1.01
38.80
8.947
618
77.36
360
360
0
2/28 ARM with 10 yr IO
16
6,762,894.00
0.67
36.76
7.638
652
81.53
360
360
0
5/25 ARM with 10 yr IO
20
5,727,780.00
0.57
37.20
8.175
671
80.38
360
359
1
30 Year Fixed with 5 yr IO
8
2,788,847.00
0.28
43.91
7.939
638
81.04
360
360
0
30 Year Fixed with 10 yr IO
9
2,684,447.91
0.26
47.41
7.927
626
75.28
360
360
0
15 Year Fixed
13
1,615,830.99
0.16
39.76
8.388
602
67.22
180
178
2
20 Year Fixed
11
1,434,880.67
0.14
39.84
8.552
601
81.15
240
236
4
3/27 ARM with 5 yr IO
3
1,142,000.00
0.11
0.00
6.377
732
70.28
360
360
0
5/25 ARM with 5 yr IO
1
1,129,684.54
0.11
49.59
6.700
609
56.50
360
356
4
3/27 ARM with 10 yr IO
2
369,000.00
0.04
35.61
8.103
645
74.37
360
360
0
2/13 ARM
2
216,000.00
0.02
46.30
9.420
637
86.46
180
180
0
10 Year Fixed
1
68,850.00
0.01
31.38
10.850
621
85.00
120
120
0
Total:
3,952
$1,013,491,499.59
100.00%
42.45%
8.452%
614
80.07%
359
359
0



Interest Only Mortgage Loans
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
 N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Interest Only Loans
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
Interest Only
115
$44,271,360.38
4.37%
40.19%
7.874%
651
79.98%
360
359
1
Not Interest Only
3,837
969,220,139.21
95.63
42.54
8.478
613
80.07
359
359
0
Total:
3,952
$1,013,491,499.59
100.00%
42.45%
8.452%
614
80.07%
359
359
0
 
 
Lien Position
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z. 
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Lien
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
1
3,802
$1,008,181,726.19
99.48%
42.45%
8.434%
614
79.97%
359
359
0
2
150
5,309,773.40
0.52
40.62
11.756
648
99.54
360
354
6
Total:
3,952
$1,013,491,499.59
100.00%
42.45%
8.452%
614
80.07%
359
359
0
 
 
Prepayment Penalty Term (Months)
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
 N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
Prepayment Penalty Term
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
(Months)
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
0
1,093
$263,246,665.30
25.97%
42.37%
8.847%
615
79.88%
359
359
1
12
299
106,169,300.79
10.48
42.39
8.345
622
76.96
360
360
0
24
1,648
436,071,272.85
43.03
42.73
8.412
608
81.35
360
359
0
30
3
597,227.00
0.06
39.17
9.056
590
76.40
360
360
0
36
909
207,407,033.65
20.46
41.97
8.085
624
79.20
359
358
0
Total:
3,952
$1,013,491,499.59
100.00%
42.45%
8.452%
614
80.07%
359
359
0
 
Geographic Distribution
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans by
N.Z. 
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
State or Territory
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
California
676
$262,668,637.21
25.92%
44.36%
7.818%
618
80.02%
360
359
0
New York
315
121,349,647.69
11.97
42.99
8.157
622
78.21
360
360
0
Florida
514
115,014,680.69
11.35
42.30
8.573
609
78.25
360
359
0
New Jersey
187
56,899,095.69
5.61
42.44
8.850
607
77.16
359
358
1
Texas
283
41,033,167.81
4.05
39.67
9.380
609
82.25
358
358
1
Massachusetts
132
38,077,284.70
3.76
42.32
8.602
614
79.76
360
360
0
Maryland
121
33,432,466.76
3.30
43.14
8.160
608
79.90
360
359
0
Washington
121
32,454,105.93
3.20
41.28
8.275
611
81.53
360
360
0
Connecticut
85
24,975,515.87
2.46
42.44
8.249
612
79.79
360
360
0
Virginia
106
23,846,894.16
2.35
41.34
8.894
610
79.13
359
359
0
Arizona
92
21,441,403.99
2.12
41.53
8.271
610
79.93
359
358
0
Illinois
98
21,170,602.94
2.09
44.36
9.103
613
81.99
360
360
0
Hawaii
44
20,406,669.28
2.01
44.26
7.375
648
79.68
358
358
0
Pennsylvania
114
18,480,705.84
1.82
40.80
9.022
603
79.78
359
359
1
Georgia
87
17,689,341.92
1.75
42.02
9.292
609
82.06
360
359
1
Ohio
145
17,560,900.63
1.73
38.60
9.811
612
87.45
359
358
1
Michigan
128
17,494,940.16
1.73
40.43
9.728
615
83.62
360
360
0
Nevada
67
17,216,304.00
1.70
42.60
8.371
613
79.59
360
359
1
North Carolina
61
11,047,792.74
1.09
38.39
9.094
611
79.87
360
358
1
Utah
40
10,790,457.44
1.06
42.23
8.752
625
87.06
360
360
0
Colorado
47
10,072,121.04
0.99
39.70
8.676
626
86.31
360
359
1
Oregon
39
10,053,128.44
0.99
40.27
8.418
615
80.72
360
360
0
Tennessee
50
7,426,071.94
0.73
40.29
9.533
607
84.72
360
360
0
Indiana
58
6,525,937.72
0.64
37.16
9.956
607
87.36
355
355
1
South Carolina
33
5,523,338.88
0.54
35.97
9.452
618
80.29
360
360
0
Wisconsin
39
5,265,921.77
0.52
41.83
9.639
620
82.62
358
357
0
Minnesota
28
5,083,435.19
0.50
37.90
9.150
617
83.38
355
354
0
New Hampshire
21
5,003,328.40
0.49
41.94
8.759
589
78.60
360
360
0
Louisiana
26
4,833,852.24
0.48
37.94
8.775
626
82.22
360
359
1
Maine
29
4,372,595.16
0.43
40.53
8.928
587
78.24
360
360
0
Alabama
27
3,759,623.55
0.37
38.05
9.187
616
86.93
348
347
1
Missouri
23
2,867,197.41
0.28
42.41
9.509
603
81.81
360
360
0
Idaho
19
2,859,732.78
0.28
39.37
9.184
615
82.30
360
360
0
Oklahoma
19
2,676,349.00
0.26
35.86
9.586
582
84.80
360
358
2
District of Columbia
7
2,294,964.28
0.23
43.63
8.301
632
70.00
360
360
0
Alaska
5
1,339,935.43
0.13
39.18
9.504
582
73.16
360
360
0
Delaware
8
1,303,932.00
0.13
37.90
8.870
597
85.27
360
359
1
Kentucky
8
1,162,722.48
0.11
37.43
9.555
570
81.23
360
360
0
Mississippi
8
1,158,487.91
0.11
44.04
9.766
570
84.84
360
359
1
Kansas
4
1,124,258.00
0.11
50.69
9.893
575
79.41
360
360
0
Iowa
8
1,078,585.20
0.11
31.78
9.539
619
82.68
360
360
0
Rhode Island
5
956,051.87
0.09
43.61
9.914
641
80.17
360
358
2
Wyoming
3
920,650.00
0.09
40.04
8.615
588
78.66
360
360
0
Vermont
6
698,439.60
0.07
40.87
9.015
597
72.42
360
359
1
Arkansas
6
658,048.85
0.06
43.15
10.346
588
84.08
360
360
0
Montana
4
654,800.00
0.06
34.48
9.743
563
75.90
360
360
0
Nebraska
4
485,700.00
0.05
40.75
9.679
582
75.48
360
360
0
South Dakota
1
176,375.00
0.02
45.25
7.850
623
85.00
360
360
0
North Dakota
1
105,300.00
0.01
15.86
10.950
577
90.00
360
360
0
Total:
3,952
$1,013,491,499.59
100.00%
42.45%
8.452%
614
80.07%
359
359
0
 

Range of Gross Margins (%) - (Adjustable Loans Only)
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z. 
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Gross Margin
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
2.001% to 2.500%
1
$155,992.00
0.02%
0.00%
7.750%
674
80.00%
360
360
0
2.501% to 3.000%
25
5,650,504.08
0.74
41.08
7.970
709
76.28
360
359
1
3.001% to 3.500%
1
777,840.00
0.10
0.00
7.375
752
80.00
360
359
1
3.501% to 4.000%
5
998,999.05
0.13
46.24
8.283
698
79.23
360
359
1
4.001% to 4.500%
2
460,000.00
0.06
42.50
7.896
642
82.92
360
360
0
4.501% to 5.000%
44
7,155,431.12
0.93
41.14
9.368
616
82.66
360
360
0
5.001% to 5.500%
36
10,862,547.93
1.41
44.89
7.966
643
79.37
360
359
1
5.501% to 6.000%
1,933
546,664,258.02
71.19
42.27
8.381
621
81.89
360
360
0
6.001% to 6.500%
413
122,476,190.58
15.95
43.35
8.728
594
79.48
360
360
0
6.501% to 7.000%
149
37,802,531.20
4.92
43.16
9.151
579
73.53
360
359
1
7.001% to 7.500%
79
18,549,030.65
2.42
41.70
8.905
579
72.41
360
359
1
7.501% to 8.000%
50
14,529,117.49
1.89
44.73
9.010
571
72.99
360
358
2
8.001% to 8.500%
7
1,587,266.84
0.21
47.74
9.159
569
75.36
360
358
2
8.501% to 9.000%
1
143,864.23
0.02
25.52
9.720
581
80.00
360
358
2
9.001% to 9.500%
1
123,478.09
0.02
0.00
9.620
773
95.00
360
359
1
Total:
2,747
$767,937,051.28
100.00%
42.56%
8.499%
613
80.61%
360
360
0

 
Initial Periodic Rate Cap (%) - (Adjustable Loans Only)
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Initial Periodic Rate Cap
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
1.500%
2,235
$628,426,625.38
81.83%
42.57%
8.478%
617
81.37%
360
360
0
2.000%
1
449,457.17
0.06
32.77
9.000
605
81.75
360
358
2
3.000%
509
138,768,104.81
18.07
42.55
8.591
596
77.21
360
359
1
5.000%
2
292,863.92
0.04
44.92
11.184
549
48.20
360
359
1
Total:
2,747
$767,937,051.28
100.00%
42.56%
8.499%
613
80.61%
360
360
0


Periodic Rate Cap (%) - (Adjustable Loans Only)
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Subsequent Periodic Rate Cap
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
1.000%
508
$138,262,392.86
18.00%
42.60%
8.589%
596
77.28%
360
359
1
1.500%
2,236
628,640,225.84
81.86
42.55
8.478
617
81.37
360
360
0
2.000%
3
1,034,432.58
0.13
44.88
9.403
658
63.83
360
359
1
Total:
2,747
$767,937,051.28
100.00%
42.56%
8.499%
613
80.61%
360
360
0


Range of Maximum Interest Rates (%) - (Adjustable Loans Only)
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Maximum Loan Rate
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
9.001% to 9.500%
1
$250,500.00
0.03%
54.78%
6.400%
633
66.80%
360
360
0
10.001% to 10.500%
2
429,100.00
0.06
52.19
7.321
632
73.70
360
360
0
11.501% to 12.000%
33
13,349,220.89
1.74
44.65
5.853
660
78.24
360
360
0
12.001% to 12.500%
56
18,059,479.90
2.35
45.29
6.421
640
78.58
360
360
0
12.501% to 13.000%
140
51,166,234.59
6.66
43.72
6.830
636
78.77
360
360
0
13.001% to 13.500%
225
77,215,025.17
10.05
44.32
7.320
619
78.59
360
360
0
13.501% to 14.000%
380
135,909,623.47
17.70
42.69
7.798
619
80.55
360
360
0
14.001% to 14.500%
326
100,988,205.16
13.15
41.95
8.277
612
79.99
360
360
0
14.501% to 15.000%
457
136,385,211.29
17.76
42.50
8.761
609
81.35
360
359
0
15.001% to 15.500%
310
76,380,574.35
9.95
42.00
9.255
607
81.54
360
360
0
15.501% to 16.000%
330
77,333,258.63
10.07
41.91
9.717
599
81.91
360
360
0
16.001% to 16.500%
181
35,471,689.24
4.62
41.10
10.224
603
82.77
360
360
0
16.501% to 17.000%
124
23,055,720.90
3.00
41.61
10.687
598
81.39
360
360
0
17.001% to 17.500%
66
8,726,479.87
1.14
40.13
11.237
591
84.45
359
358
0
17.501% to 18.000%
70
7,987,491.58
1.04
37.75
11.720
608
80.22
360
360
0
18.001% to 18.500%
42
4,614,021.47
0.60
43.39
12.216
596
79.98
360
360
0
18.501% to 19.000%
3
303,389.29
0.04
44.39
12.427
569
94.70
360
357
3
19.001% to 19.500%
1
311,825.48
0.04
35.15
12.125
608
65.00
360
358
2
Total:
2,747
$767,937,051.28
100.00%
42.56%
8.499%
613
80.61%
360
360
0
 
 
Range of Minimum Interest Rates (%) - (Adjustable Loans Only)
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Minimum Loan Rate
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
2.001% to 2.500%
1
$155,992.00
0.02%
0.00%
7.750%
674
80.00%
360
360
0
2.501% to 3.000%
25
5,650,504.08
0.74
41.08
7.970
709
76.28
360
359
1
3.001% to 3.500%
1
777,840.00
0.10
0.00
7.375
752
80.00
360
359
1
3.501% to 4.000%
5
998,999.05
0.13
46.24
8.283
698
79.23
360
359
1
4.001% to 4.500%
2
460,000.00
0.06
42.50
7.896
642
82.92
360
360
0
4.501% to 5.000%
44
7,155,431.12
0.93
41.14
9.368
616
82.66
360
360
0
5.001% to 5.500%
35
9,712,635.46
1.26
45.32
8.122
638
80.26
360
360
0
5.501% to 6.000%
1,909
539,159,323.88
70.21
42.29
8.389
621
81.93
360
360
0
6.001% to 6.500%
391
116,292,809.64
15.14
43.43
8.756
594
79.72
360
360
0
6.501% to 7.000%
96
25,902,643.46
3.37
43.81
9.141
583
75.23
360
359
1
7.001% to 7.500%
54
13,240,604.91
1.72
43.09
8.351
585
71.73
360
359
1
7.501% to 8.000%
32
10,438,937.84
1.36
41.36
8.019
588
73.01
360
358
2
8.001% to 8.500%
23
6,598,298.26
0.86
42.05
8.398
581
73.63
360
358
2
8.501% to 9.000%
55
16,723,934.72
2.18
43.26
8.757
584
72.57
360
358
2
9.001% to 9.500%
27
6,029,828.49
0.79
41.71
9.309
553
71.16
360
358
2
9.501% to 10.000%
32
6,087,349.55
0.79
41.57
9.756
577
80.60
360
358
2
10.001% to 10.500%
7
1,112,608.54
0.14
40.76
10.241
573
72.05
360
358
2
10.501% to 11.000%
2
575,668.84
0.07
51.98
10.922
538
55.60
360
358
2
11.001% to 11.500%
3
353,934.37
0.05
49.84
11.281
586
96.13
360
353
7
11.501% to 12.000%
2
197,881.59
0.03
37.43
11.825
530
85.45
360
358
2
12.001% to 12.500%
1
311,825.48
0.04
35.15
12.125
608
65.00
360
358
2
Total:
2,747
$767,937,051.28
100.00%
42.56%
8.499%
613
80.61%
360
360
0


Next Rate Adjustment Date - (Adjustable Loans Only)
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
Month
of
Aggregate
of Loans by
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
of Next Interest
Mortgage
Principal
Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Rate Adjustment
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
2008-06
1
$355,355.00
0.05%
52.93%
8.900%
544
75.00%
360
349
11
2008-09
2
315,782.51
0.04
41.07
10.429
565
92.68
360
352
8
2008-11
6
1,898,195.24
0.25
44.22
8.614
592
88.36
360
354
6
2008-12
16
5,665,259.87
0.74
45.08
8.924
584
77.49
360
355
5
2009-01
12
3,156,324.92
0.41
40.98
9.339
600
87.06
360
356
4
2009-02
31
9,939,226.44
1.29
41.13
8.565
581
77.85
360
357
3
2009-03
135
36,878,051.53
4.80
42.67
8.562
576
72.60
360
358
2
2009-04
291
98,732,744.36
12.86
43.33
8.190
608
80.25
360
359
1
2009-05
1,933
522,684,224.25
68.06
42.56
8.619
615
81.48
360
360
0
2009-06
1
220,500.00
0.03
54.67
6.920
666
90.00
360
360
0
2010-01
1
144,041.47
0.02
46.14
12.250
0
80.00
360
356
4
2010-02
1
125,878.45
0.02
25.96
7.620
552
65.63
360
357
3
2010-03
1
509,136.40
0.07
42.35
6.850
619
85.00
360
358
2
2010-04
17
6,151,984.67
0.80
47.93
7.829
632
77.91
360
359
1
2010-05
84
21,727,097.50
2.83
39.82
8.243
625
77.53
360
360
0
2011-09
1
79,768.36
0.01
49.96
11.080
606
100.00
360
352
8
2011-12
2
226,428.53
0.03
30.17
7.865
581
50.34
360
355
5
2012-01
2
1,236,575.73
0.16
49.02
6.951
608
59.40
360
356
4
2012-03
6
1,158,978.23
0.15
49.49
8.778
655
84.14
360
358
2
2012-04
39
10,142,595.82
1.32
41.49
7.857
647
80.46
360
359
1
2012-05
165
46,588,902.00
6.07
41.26
8.014
634
80.39
360
360
0
Total:
2,747
$767,937,051.28
100.00%
42.56%
8.499%
613
80.61%
360
360
0
 

DESCRIPTION OF COLLATERAL
 
GROUP 2 MORTGAGE LOANS
Summary
  
Total
  
Minimum
  
Maximum
  
Cut-off Date Principal Balance
  
$
444,249,134.03
  
$
14,916.29
  
$
1,300,000.00
  
Number of Loans
    
1,232
            
Average Original Loan Balance
  
$
360,672.07
  
$
15,000.00
  
$
1,300,000.00
  
Average Current Loan Balance
  
$
360,591.83
            
(1) Weighted Average Combined Original LTV
    
81.24
%
  
15.24
%
  
100.00
%
(1) Weighted Average Gross Coupon
    
8.259
%
  
5.600
%
  
14.250
%
(1) (2) Weighted Average Gross Margin
   
6.069
%
  
2.500
%
  
9.100
%
(1) (2) Weighted Average Term to Next Rate Adjustment Date (months)
    
26
    
16
    
60
  
(1) Weighted Average Remaining Term to Maturity (months)
    
359
    
81
    
360
  
(1) (3) Weighted Average Credit Score
    
618
    
500
    
796
  
(1) Weighted Average reflected in Total.
(2) Adjustable Rate Mortgage Loans Only
(3) 99.88% of the Mortgage Loans have Credit Scores.

   
Percent of Cut-off Date
 
Range
Principal Balance
Product Type
Adjustable
79.98%
  
 
Fixed
20.02%
  
       
Interest Only Loans
  
7.05%
  
Balloon Loans
  
57.90%
  
       
Lien
First
99.21%
  
 
Second
0.79%
  
 
      
Property Type
Single Family
75.83%
  
 
PUD
11.52%
  
 
2-4 Family
7.23%
  
 
Low Rise Condo
3.87%
  
 
High Rise Condo
0.94%
  
 
Condotel
0.50%
  
 
Condo Conversion
0.10%
  
       
Occupancy Status
Owner Occupied
93.85%
  
 
Non-Owner Occupied
3.64%
  
 
Second Home
2.52%
  
       
Geographic Distribution
California
35.28%
  
 
New York
15.10%
  
 
Florida
10.89%
  
 
New Jersey
5.06%
  
 
Texas
4.01%
  
       
Number of States
45
    
Largest Zip Code Concentration
11221
0.63%
  
Loans with Prepayment Penalties
  
74.82%
  


Group 2 Range of Mortgage Coupons (%)
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
 N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Current Mortgage Rate
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
5.501% to 6.000%
15
$7,150,629.88
1.61%
45.68%
5.823%
662
79.16%
360
360
0
6.001% to 6.500%
52
20,826,513.19
4.69
47.15
6.376
651
76.76
359
359
0
6.501% to 7.000%
101
45,111,581.79
10.15
43.50
6.833
646
79.15
360
359
1
7.001% to 7.500%
120
50,507,615.74
11.37
44.22
7.321
623
79.32
360
360
0
7.501% to 8.000%
197
89,825,680.95
20.22
43.14
7.810
618
81.36
360
359
0
8.001% to 8.500%
142
61,013,337.23
13.73
42.06
8.291
610
81.29
360
359
1
8.501% to 9.000%
172
72,765,045.03
16.38
42.51
8.771
612
81.61
360
360
0
9.001% to 9.500%
87
28,950,448.89
6.52
41.57
9.271
604
82.96
360
360
0
9.501% to 10.000%
130
33,755,190.66
7.60
42.41
9.784
599
82.98
359
359
1
10.001% to 10.500%
63
15,183,313.02
3.42
39.94
10.259
608
85.66
360
360
0
10.501% to 11.000%
44
9,366,760.71
2.11
42.38
10.780
591
82.32
360
359
1
11.001% to 11.500%
27
3,536,121.68
0.80
42.61
11.267
588
86.83
360
358
2
11.501% to 12.000%
44
3,824,063.93
0.86
37.84
11.764
626
85.68
360
359
1
12.001% to 12.500%
28
1,894,408.94
0.43
35.83
12.399
665
94.42
360
358
2
12.501% to 13.000%
1
89,689.05
0.02
45.96
12.750
580
100.00
360
355
5
13.001% to 13.500%
5
319,806.27
0.07
40.84
13.311
623
100.00
360
358
2
13.501% to 14.000%
1
22,362.40
0.01
41.15
13.550
600
100.00
360
352
8
14.001% to 14.500%
3
106,564.67
0.02
36.72
14.091
586
100.00
360
354
6
Total:
1,232
$444,249,134.03
100.00%
42.93%
8.259%
618
81.24%
360
359
0
 
Group 2 Combined Original Loan-to-Value Ratio (%)
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Original Combined LTV
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
15.01% to 20.00%
1
$50,000.00
0.01%
27.95%
10.100%
581
15.24%
360
360
0
25.01% to 30.00%
2
141,986.51
0.03
46.05
9.556
616
27.94
360
359
1
30.01% to 35.00%
5
1,110,514.19
0.25
46.58
7.483
579
34.24
360
359
1
35.01% to 40.00%
2
224,000.00
0.05
40.12
7.621
610
37.90
360
360
0
40.01% to 45.00%
10
4,210,414.36
0.95
34.26
8.842
589
42.11
357
357
0
45.01% to 50.00%
9
3,072,778.87
0.69
46.37
7.809
614
48.62
360
360
0
50.01% to 55.00%
12
4,203,847.79
0.95
38.06
8.283
591
52.94
360
360
0
55.01% to 60.00%
19
7,824,643.32
1.76
40.73
7.794
589
58.12
359
358
1
60.01% to 65.00%
56
19,519,664.79
4.39
42.19
7.847
607
63.74
359
358
1
65.01% to 70.00%
66
25,294,222.81
5.69
42.86
8.111
606
69.12
360
359
1
70.01% to 75.00%
105
41,647,279.86
9.37
43.38
8.006
598
74.03
360
359
1
75.01% to 80.00%
247
98,305,040.74
22.13
42.59
8.114
618
79.31
360
360
0
80.01% to 85.00%
170
66,577,612.38
14.99
44.46
8.177
616
84.56
360
360
0
85.01% to 90.00%
431
158,898,780.30
35.77
42.98
8.397
631
89.62
360
360
0
90.01% to 95.00%
21
4,474,424.47
1.01
45.15
9.347
596
94.12
360
357
3
95.01% to 100.00%
76
8,693,923.64
1.96
38.78
10.352
645
99.98
360
357
3
Total:
1,232
$444,249,134.03
100.00%
42.93%
8.259%
618
81.24%
360
359
0
 
 
Group 2 Cut-off Date Principal Balance ($)
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Cut-Off Balance
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
$0.01 to $25,000.00
19
$396,497.62
0.09%
33.04%
11.762%
631
96.00%
350
338
12
$25,000.01 to $50,000.00
18
706,996.39
0.16
37.07
11.421
656
86.94
352
335
17
$50,000.01 to $75,000.00
61
3,749,871.68
0.84
34.46
10.979
640
81.91
357
356
1
$75,000.01 to $100,000.00
74
6,657,357.10
1.50
36.41
10.365
627
84.24
360
359
1
$100,000.01 to $125,000.00
85
9,661,126.28
2.17
37.03
9.386
604
77.99
358
357
1
$125,000.01 to $150,000.00
74
10,117,385.08
2.28
39.20
9.057
607
78.37
358
358
0
$150,000.01 to $175,000.00
65
10,468,773.92
2.36
37.62
8.686
605
82.12
360
360
0
$175,000.01 to $200,000.00
49
9,149,788.37
2.06
40.52
8.262
608
80.20
358
357
0
$200,000.01 to $225,000.00
44
9,267,519.46
2.09
37.57
8.546
612
82.78
360
360
0
$225,000.01 to $250,000.00
46
11,084,751.68
2.50
40.79
8.512
618
84.97
360
360
0
$250,000.01 to $275,000.00
21
5,511,799.08
1.24
42.12
8.419
606
85.21
360
360
0
$275,000.01 to $300,000.00
26
7,401,651.85
1.67
42.18
8.606
616
86.90
360
359
1
$300,000.01 to $325,000.00
22
6,867,664.00
1.55
44.69
8.268
613
83.71
360
360
0
$325,000.01 to $350,000.00
13
4,435,210.87
1.00
44.59
8.436
619
83.90
360
359
1
$350,000.01 to $375,000.00
17
6,212,028.27
1.40
46.80
8.375
627
83.83
360
359
1
$375,000.01 to $400,000.00
21
8,125,359.69
1.83
44.17
8.032
640
82.87
360
359
1
$400,000.01 to $425,000.00
37
15,461,189.55
3.48
45.74
7.768
617
82.43
360
360
0
$425,000.01 to $450,000.00
64
28,097,288.88
6.32
43.22
7.924
614
80.21
360
360
0
$450,000.01 to $475,000.00
59
27,279,253.09
6.14
43.77
7.958
625
82.90
360
360
0
$475,000.01 to $500,000.00
58
28,333,288.25
6.38
44.63
7.874
625
81.92
360
360
0
$500,000.01 to $525,000.00
45
23,144,494.34
5.21
43.70
8.042
614
81.22
360
360
0
$525,000.01 to $550,000.00
36
19,311,118.84
4.35
44.68
7.740
635
83.56
360
360
0
$550,000.01 to $575,000.00
40
22,499,026.34
5.06
43.92
8.125
620
84.60
360
360
0
$575,000.01 to $600,000.00
44
25,907,627.44
5.83
42.16
8.209
619
84.74
360
360
0
$600,000.01 to $625,000.00
32
19,599,614.20
4.41
43.32
8.116
613
80.37
360
360
0
$625,000.01 to $650,000.00
29
18,543,946.83
4.17
44.11
8.302
629
82.23
360
360
0
$650,000.01 to $675,000.00
24
15,968,135.56
3.59
43.91
8.344
620
83.55
360
360
0
$675,000.01 to $700,000.00
19
13,115,064.52
2.95
45.92
8.126
621
80.69
360
360
0
$700,000.01 to $725,000.00
18
12,829,860.57
2.89
46.00
8.404
616
84.50
360
360
0
$725,000.01 to $750,000.00
12
8,895,794.12
2.00
38.89
8.361
625
79.01
360
360
0
$750,000.01 to $775,000.00
5
3,839,571.17
0.86
42.64
8.431
596
79.98
360
359
1
$775,000.01 to $800,000.00
14
11,146,225.74
2.51
44.38
8.405
628
78.26
360
360
0
$800,000.01 or greater
41
40,463,853.25
9.11
42.59
8.079
608
70.62
360
359
1
Total:
1,232
$444,249,134.03
100.00%
42.93%
8.259%
618
81.24%
360
359
0
 
 
Group 2 Original Term to Maturity (Months)
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Original Term
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
180
3
$184,490.84
0.04%
42.00%
8.641%
598
61.49%
180
168
12
240
3
358,915.34
0.08
41.72
8.052
633
72.83
240
227
13
360
1,226
443,705,727.85
99.88
42.93
8.259
618
81.25
360
360
0
Total:
1,232
$444,249,134.03
100.00%
42.93%
8.259%
618
81.24%
360
359
0
Group 2 Remaining Term to Maturity (Months)
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Remaining Term
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
81 to 85
1
$21,990.84
0.00%
33.76%
8.900%
544
56.56%
180
81
99
141 to 145
1
45,445.34
0.01
27.19
8.750
618
65.00
240
141
99
176 to 180
2
162,500.00
0.04
43.12
8.606
605
62.15
180
180
0
236 to 240
2
313,470.00
0.07
43.82
7.951
635
73.96
240
240
0
261 to 265
1
43,252.23
0.01
36.40
11.500
507
80.00
360
263
97
336 to 340
2
65,573.58
0.01
27.03
11.841
631
100.00
360
339
21
341 to 345
5
204,791.26
0.05
34.66
11.538
678
98.56
360
343
17
346 to 350
1
38,863.61
0.01
36.24
9.990
636
100.00
360
348
12
351 to 355
32
5,976,238.70
1.35
43.84
9.439
594
82.83
360
354
6
356 to 360
1,185
437,377,008.47
98.45
42.93
8.240
619
81.22
360
360
0
Total:
1,232
$444,249,134.03
100.00%
42.93%
8.259%
618
81.24%
360
359
0
 
 
Group 2 Credit Score

 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Credit Score
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
751 to 800
23
$7,517,900.06
1.69%
44.55%
8.000%
768
84.74%
360
359
1
701 to 750
60
18,907,074.46
4.26
41.80
7.785
719
82.38
360
360
0
651 to 700
187
68,782,480.51
15.48
42.62
7.757
669
83.26
360
359
1
601 to 650
499
194,825,851.77
43.86
42.95
8.211
624
83.12
360
360
0
551 to 600
380
123,520,961.99
27.80
42.96
8.480
578
78.56
360
359
0
501 to 550
77
29,545,056.35
6.65
43.77
9.103
533
73.54
360
359
1
451 to 500
1
498,629.82
0.11
45.24
10.900
500
95.00
360
358
2
Not Available
5
651,179.07
0.15
43.76
9.997
0
76.33
360
359
1
Total:
1,232
$444,249,134.03
100.00%
42.93%
8.259%
618
81.24%
360
359
0
Group 2 Credit Grade
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
 N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Credit Grade
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
A
63
$24,089,456.16
5.42%
43.86%
8.573%
596
79.61%
359
359
1
AA
138
56,983,730.70
12.83
44.43
8.532
596
80.11
360
359
1
AAA
53
6,976,163.46
1.57
42.21
9.173
707
85.52
360
358
2
AA+
916
337,151,766.23
75.89
42.51
8.114
624
81.80
360
359
0
B
36
12,546,651.69
2.82
45.81
8.987
586
77.06
360
359
1
C
16
4,151,118.00
0.93
41.44
9.576
596
75.79
360
360
0
CC
10
2,350,247.79
0.53
45.42
10.300
569
63.35
360
359
1
Total:
1,232
$444,249,134.03
100.00%
42.93%
8.259%
618
81.24%
360
359
0
 

Group 2 Property Type

 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Property Type
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
Single Family
955
$336,887,457.16
75.83%
42.97%
8.231%
616
80.93%
360
359
0
PUD
143
51,163,074.88
11.52
42.90
8.355
609
81.15
360
359
0
2-4 Family
73
32,133,161.32
7.23
44.00
8.419
645
83.13
360
360
0
Low Rise Condo
48
17,212,868.68
3.87
40.86
8.295
633
84.29
360
360
0
High Rise Condo
7
4,173,110.64
0.94
38.72
8.296
603
76.15
360
360
0
Condotel
5
2,229,461.35
0.50
45.45
7.391
716
87.76
360
359
1
Condo Conversion
1
450,000.00
0.10
48.19
8.900
620
81.82
360
360
0
Total:
1,232
$444,249,134.03
100.00%
42.93%
8.259%
618
81.24%
360
359
0
 
Group 2 Occupancy Status
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Occupancy
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
Owner Occupied
1,119
$416,912,775.56
93.85%
43.12%
8.215%
616
81.38%
360
359
0
Non-Owner Occupied
91
16,162,681.20
3.64
42.47
9.636
650
80.32
359
359
0
Second Home
22
11,173,677.27
2.52
36.65
7.902
657
77.05
360
360
0
Total:
1,232
$444,249,134.03
100.00%
42.93%
8.259%
618
81.24%
360
359
0


Group 2 Documentation

 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Documentation
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
Stated Income
468
$202,086,997.71
45.49%
42.71%
8.410%
628
80.86%
360
360
0
Full
611
193,788,654.77
43.62
43.60
8.034
605
81.34
360
359
0
Business Bank Statements
70
31,257,430.90
7.04
41.09
8.399
601
81.38
360
360
0
No Documentation
63
12,731,262.93
2.87
0.00
8.569
710
83.89
360
359
1
Limited Income
17
3,794,830.40
0.85
35.74
9.081
637
85.01
360
359
1
No Ratio
3
589,957.32
0.13
0.00
10.896
709
86.45
360
357
3
Total:
1,232
$444,249,134.03
100.00%
42.93%
8.259%
618
81.24%
360
359
0
 
Group 2 Loan Purpose

 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Loan Purpose
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
C/O Refi
692
$292,037,455.79
65.74%
43.84%
8.097%
613
79.09%
360
359
0
Purchase
449
117,943,011.97
26.55
39.86
8.786
632
86.29
360
359
1
R/T Refi
91
34,268,666.27
7.71
44.90
7.821
614
82.17
359
359
0
Total:
1,232
$444,249,134.03
100.00%
42.93%
8.259%
618
81.24%
360
359
0
 
 
Group 2 Product Type

 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
 N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Product Type
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
2/28 ARM Balloon
411
$193,233,383.42
43.50%
44.35%
8.114%
614
83.11%
360
360
0
2/28 ARM
325
103,775,973.40
23.36
41.43
8.927
605
79.30
360
360
0
30 Year Fixed
235
44,192,435.22
9.95
40.26
8.488
629
81.45
360
359
1
30/50 Balloon
59
23,567,837.03
5.31
45.12
7.314
640
79.10
360
360
0
2/28 ARM with 5 yr IO
34
17,878,161.80
4.02
39.15
8.053
648
82.14
360
359
1
30/40 Balloon
47
17,344,650.67
3.90
45.16
7.863
615
75.70
360
360
0
5/25 ARM Balloon
37
14,119,594.51
3.18
43.26
7.736
628
82.08
360
360
0
3/27 ARM Balloon
21
8,939,843.01
2.01
43.49
7.715
618
80.24
360
360
0
2/28 ARM with 10 yr IO
9
5,050,990.00
1.14
36.82
7.613
659
84.81
360
360
0
5/25 ARM
19
4,329,310.67
0.97
38.75
8.356
630
78.01
360
360
0
5/25 ARM with 10 yr IO
8
3,203,030.00
0.72
34.61
8.164
679
80.57
360
359
1
3/27 ARM
11
2,887,483.58
0.65
40.51
8.743
599
81.08
360
359
1
30 Year Fixed with 5 yr IO
4
1,965,850.00
0.44
47.00
8.128
635
82.62
360
360
0
30 Year Fixed with 10 yr IO
3
1,315,500.00
0.30
48.95
7.183
642
72.96
360
360
0
5/25 ARM with 5 yr IO
1
1,129,684.54
0.25
49.59
6.700
609
56.50
360
356
4
3/27 ARM with 5 yr IO
2
772,000.00
0.17
0.00
6.558
732
80.00
360
359
1
20 Year Fixed
3
358,915.34
0.08
41.72
8.052
633
72.83
240
227
13
15 Year Fixed
3
184,490.84
0.04
42.00
8.641
598
61.49
180
168
12
Total:
1,232
$444,249,134.03
100.00%
42.93%
8.259%
618
81.24%
360
359
0



Group 2 Interest Only Mortgage Loans

 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
 N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Interest Only Loans
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
Interest Only
61
$31,315,216.34
7.05%
39.91%
7.876%
653
81.08%
360
359
1
Not Interest Only
1,171
412,933,917.69
92.95
43.15
8.288
616
81.25
360
359
0
Total:
1,232
$444,249,134.03
100.00%
42.93%
8.259%
618
81.24%
360
359
0
 
 
Group 2 Lien Position

 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Lien
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
1
1,170
$440,730,987.24
99.21%
42.95%
8.230%
618
81.09%
360
359
0
2
62
3,518,146.79
0.79
39.55
11.864
672
99.42
360
356
4
Total:
1,232
$444,249,134.03
100.00%
42.93%
8.259%
618
81.24%
360
359
0
 
 
Group 2 Prepayment Penalty Term (Months)

 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
 N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
Prepayment Penalty Term
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
(Months)
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
0
313
$111,860,969.64
25.18%
42.79%
8.742%
618
81.40%
360
359
1
12
111
53,972,904.79
12.15
42.22
8.178
634
78.92
360
360
0
24
530
200,792,561.02
45.20
43.20
8.182
610
82.43
360
359
0
36
278
77,622,698.58
17.47
42.90
7.818
631
79.53
359
359
0
Total:
1,232
$444,249,134.03
100.00%
42.93%
8.259%
618
81.24%
360
359
0
 
Group 2 Geographic Distribution

 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans by
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
State or Territory
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
California
309
$156,732,263.70
35.28%
45.11%
7.792%
623
82.67%
360
360
0
New York
133
67,090,016.13
15.10
42.71
8.106
630
80.86
360
360
0
Florida
187
48,366,473.00
10.89
42.06
8.484
613
78.48
360
359
1
New Jersey
43
22,461,208.87
5.06
43.10
8.767
613
80.59
360
359
1
Texas
96
17,799,685.56
4.01
39.44
8.977
606
81.01
359
358
1
Maryland
39
13,335,238.72
3.00
44.68
7.978
611
79.40
360
360
0
Hawaii
21
11,603,076.24
2.61
41.80
7.616
654
78.85
360
360
0
Connecticut
20
10,917,235.49
2.46
44.93
8.272
605
77.64
360
360
0
Virginia
37
10,526,592.64
2.37
40.63
8.779
603
79.30
358
357
0
Massachusetts
23
9,678,095.78
2.18
39.31
9.099
605
82.88
360
359
1
Washington
20
7,696,225.58
1.73
38.49
8.210
616
80.90
360
359
1
Arizona
23
6,880,451.04
1.55
43.78
8.073
606
77.23
360
360
0
Illinois
15
6,075,324.93
1.37
47.61
8.982
593
81.36
360
360
0
Nevada
16
5,690,634.10
1.28
42.83
8.586
607
79.92
360
360
0
Pennsylvania
29
5,614,907.59
1.26
38.20
8.739
591
79.76
360
359
1
Georgia
13
4,506,496.68
1.01
41.73
9.751
597
81.65
360
359
1
Ohio
37
4,506,325.87
1.01
33.67
9.901
616
89.22
360
359
1
Michigan
30
3,931,206.51
0.88
37.57
9.966
603
76.61
360
359
1
Utah
9
3,618,913.15
0.81
37.07
8.514
611
86.72
360
360
0
Oregon
7
3,309,606.34
0.74
44.04
8.046
609
84.73
360
360
0
Colorado
12
3,281,799.37
0.74
37.61
8.573
613
88.31
360
360
0
North Carolina
10
3,158,410.34
0.71
33.40
8.474
614
75.84
358
357
1
Tennessee
10
2,588,176.83
0.58
41.09
9.432
629
89.45
360
360
0
District of Columbia
4
1,628,699.28
0.37
46.27
8.313
650
70.74
360
360
0
Louisiana
11
1,594,265.58
0.36
37.31
8.147
645
84.38
360
359
1
South Carolina
6
1,551,150.56
0.35
28.90
9.964
628
86.67
360
360
0
Maine
8
1,318,602.56
0.30
42.40
8.586
584
79.89
360
360
0
Minnesota
6
1,243,305.57
0.28
34.09
9.271
610
85.92
360
359
1
New Hampshire
5
1,019,700.00
0.23
43.56
8.687
600
84.29
360
360
0
Oklahoma
7
1,003,043.64
0.23
40.86
9.476
591
89.43
360
357
3
Alabama
8
884,657.61
0.20
40.95
8.947
589
84.42
342
342
0
Kansas
2
706,950.00
0.16
50.68
9.691
552
74.38
360
360
0
Indiana
6
599,064.40
0.13
37.21
10.079
671
90.32
360
359
1
Missouri
6
576,426.29
0.13
33.70
9.688
646
80.07
360
360
0
Wisconsin
5
523,473.81
0.12
46.62
9.061
611
84.24
360
360
0
Wyoming
1
465,000.00
0.10
46.69
7.800
630
76.73
360
360
0
Iowa
4
412,701.20
0.09
38.91
9.825
619
74.40
360
360
0
Mississippi
2
338,100.00
0.08
46.09
9.924
548
86.10
360
360
0
Vermont
2
228,033.60
0.05
44.30
8.203
588
69.16
360
358
2
Delaware
2
215,696.97
0.05
34.33
9.296
596
85.92
360
359
1
Alaska
1
173,400.00
0.04
35.11
11.350
505
85.00
360
360
0
Idaho
3
126,187.78
0.03
43.89
10.851
626
82.41
360
360
0
Kentucky
1
107,820.00
0.02
25.89
10.800
599
90.00
360
360
0
Rhode Island
1
90,141.87
0.02
0.00
10.875
702
100.00
360
343
17
Nebraska
1
50,400.00
0.01
15.20
8.750
636
90.00
360
360
0
Arkansas
1
23,948.85
0.01
46.95
13.500
605
100.00
360
356
4
Total:
1,232
$444,249,134.03
100.00%
42.93%
8.259%
618
81.24%
360
359
0


Group 2 Range of Gross Margins (%) - (Adjustable Loans Only)

 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Gross Margin
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
2.001% to 2.500%
1
$155,992.00
0.04%
0.00%
7.750%
674
80.00%
360
360
0
2.501% to 3.000%
11
2,844,062.08
0.80
43.94
7.793
707
80.00
360
359
1
3.001% to 3.500%
1
777,840.00
0.22
0.00
7.375
752
80.00
360
359
1
3.501% to 4.000%
1
313,099.05
0.09
0.00
7.875
661
80.00
360
358
2
4.001% to 4.500%
1
220,000.00
0.06
33.96
10.400
597
81.48
360
360
0
4.501% to 5.000%
8
2,276,748.62
0.64
45.67
8.554
610
85.72
360
360
0
5.001% to 5.500%
9
5,047,874.08
1.42
47.19
7.367
656
77.02
360
359
1
5.501% to 6.000%
647
259,144,854.02
72.93
42.63
8.247
620
82.74
360
360
0
6.001% to 6.500%
138
59,562,137.42
16.76
43.16
8.509
598
79.41
360
360
0
6.501% to 7.000%
31
12,033,557.21
3.39
44.81
8.762
592
77.12
360
359
1
7.001% to 7.500%
15
5,844,394.36
1.64
44.58
8.759
596
78.13
360
359
1
7.501% to 8.000%
12
6,525,462.83
1.84
45.13
8.973
574
74.27
360
359
1
8.001% to 8.500%
1
306,090.94
0.09
45.34
9.400
525
80.00
360
358
2
8.501% to 9.000%
1
143,864.23
0.04
25.52
9.720
581
80.00
360
358
2
9.001% to 9.500%
1
123,478.09
0.03
0.00
9.620
773
95.00
360
359
1
Total:
878
$355,319,454.93
100.00%
42.95%
8.317%
615
81.66%
360
360
0
 

Group 2 Initial Periodic Rate Cap (%) - (Adjustable Loans Only)

 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Initial Periodic Rate Cap
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
1.500%
741
$296,033,080.77
83.31%
43.08%
8.305%
618
82.32%
360
360
0
3.000%
137
59,286,374.16
16.69
42.28
8.377
605
78.38
360
358
2
Total:
878
$355,319,454.93
100.00%
42.95%
8.317%
615
81.66%
360
360
0


Group 2 Periodic Rate Cap (%) - (Adjustable Loans Only)
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Subsequent Periodic Rate Cap
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
1.000%
136
$58,544,805.50
16.48%
42.24%
8.373%
604
78.49%
360
358
2
1.500%
741
296,033,080.77
83.31
43.08
8.305
618
82.32
360
360
0
2.000%
1
741,568.66
0.21
44.86
8.700
701
70.00
360
359
1
Total:
878
$355,319,454.93
100.00%
42.95%
8.317%
615
81.66%
360
360
0


Group 2 Range of Maximum Interest Rates (%) - (Adjustable Loans Only)

 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Maximum Loan Rate
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
11.501% to 12.000%
15
$7,150,629.88
2.01%
45.68%
5.823%
662
79.16%
360
360
0
12.001% to 12.500%
26
9,650,417.97
2.72
46.38
6.476
636
80.36
360
360
0
12.501% to 13.000%
55
26,364,623.09
7.42
44.41
6.826
642
78.42
360
360
0
13.001% to 13.500%
84
38,381,243.32
10.80
44.49
7.327
619
79.80
360
360
0
13.501% to 14.000%
158
76,249,148.40
21.46
42.81
7.793
618
81.79
360
360
0
14.001% to 14.500%
114
52,254,592.89
14.71
41.79
8.274
611
81.59
360
359
1
14.501% to 15.000%
138
62,311,228.52
17.54
42.87
8.756
614
83.37
360
360
0
15.001% to 15.500%
70
25,347,186.09
7.13
42.17
9.264
605
82.94
360
360
0
15.501% to 16.000%
99
31,534,322.09
8.87
42.22
9.711
599
81.62
360
359
1
16.001% to 16.500%
48
12,830,438.95
3.61
40.02
10.218
600
84.06
360
360
0
16.501% to 17.000%
32
8,274,529.34
2.33
45.24
10.654
595
80.68
360
359
1
17.001% to 17.500%
14
2,432,866.89
0.68
44.11
11.262
575
87.33
360
360
0
17.501% to 18.000%
23
2,242,227.50
0.63
38.30
11.726
628
85.64
360
360
0
18.001% to 18.500%
2
296,000.00
0.08
34.68
12.176
590
80.00
360
360
0
Total:
878
$355,319,454.93
100.00%
42.95%
8.317%
615
81.66%
360
360
0
 
 
Group 2 Range of Minimum Interest Rates (%) - (Adjustable Loans Only)

 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
 
of
Aggregate
of Loans
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
 
Mortgage
Principal
by Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Minimum Loan Rate
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
2.001% to 2.500%
1
$155,992.00
0.04%
0.00%
7.750%
674
80.00%
360
360
0
2.501% to 3.000%
11
2,844,062.08
0.80
43.94
7.793
707
80.00
360
359
1
3.001% to 3.500%
1
777,840.00
0.22
0.00
7.375
752
80.00
360
359
1
3.501% to 4.000%
1
313,099.05
0.09
0.00
7.875
661
80.00
360
358
2
4.001% to 4.500%
1
220,000.00
0.06
33.96
10.400
597
81.48
360
360
0
4.501% to 5.000%
8
2,276,748.62
0.64
45.67
8.554
610
85.72
360
360
0
5.001% to 5.500%
8
3,897,961.61
1.10
48.96
7.579
647
78.54
360
360
0
5.501% to 6.000%
640
255,679,979.92
71.96
42.65
8.252
620
82.77
360
360
0
6.001% to 6.500%
133
57,628,839.39
16.22
43.31
8.502
598
79.54
360
360
0
6.501% to 7.000%
28
11,080,900.05
3.12
46.80
8.523
594
78.54
360
359
1
7.001% to 7.500%
12
3,660,519.03
1.03
43.97
8.647
602
74.43
360
359
1
7.501% to 8.000%
6
3,551,141.72
1.00
38.91
7.900
598
72.92
360
358
2
8.001% to 8.500%
4
2,773,805.76
0.78
43.46
8.366
592
77.78
360
358
2
8.501% to 9.000%
12
6,653,084.48
1.87
41.45
8.749
602
72.62
360
359
1
9.001% to 9.500%
3
1,410,187.08
0.40
42.70
9.392
522
73.72
360
358
2
9.501% to 10.000%
7
2,069,764.77
0.58
43.63
9.711
615
90.95
360
357
3
10.001% to 10.500%
1
162,219.48
0.05
35.32
10.175
576
100.00
360
356
4
11.001% to 11.500%
1
163,309.89
0.05
55.37
11.230
559
95.00
360
355
5
Total:
878
$355,319,454.93
100.00%
42.95%
8.317%
615
81.66%
360
360
0
 
Group 2 Next Rate Adjustment Date - (Adjustable Loans Only)
 
 
Number
 
Percent
 
 
 
W.A.
W.A.
W.A.
 
Month
of
Aggregate
of Loans by
N.Z.
W.A.
W.A.
Combined
Original
Remaining
W.A.
of Next Interest
Mortgage
Principal
Principal
W.A.
Gross
Credit
Original
Term to
Term to
Loan
Rate Adjustment
Loans
Balance
Balance
DTI
Coupon
Score
LTV
Maturity
Maturity
Age
2008-09
1
$204,926.39
0.06%
40.77%
9.850%
540
91.42%
360
352
8
2008-11
3
1,014,485.92
0.29
43.44
9.180
599
89.98
360
354
6
2008-12
5
3,043,361.95
0.86
46.16
8.851
585
74.00
360
355
5
2009-01
5
1,821,428.32
0.51
38.59
9.230
633
91.98
360
356
4
2009-02
9
5,396,580.13
1.52
39.19
8.299
595
78.89
360
357
3
2009-03
26
12,889,272.27
3.63
43.52
8.315
586
77.07
360
358
2
2009-04
107
54,268,838.64
15.27
42.42
8.117
615
81.36
360
359
1
2009-05
623
241,299,615.00
67.91
43.20
8.409
616
82.25
360
360
0
2010-03
1
509,136.40
0.14
42.35
6.850
619
85.00
360
358
2
2010-04
6
2,908,732.19
0.82
48.84
7.965
629
83.09
360
359
1
2010-05
27
9,181,458.00
2.58
41.06
7.909
618
79.32
360
360
0
2011-12
1
112,833.60
0.03
42.99
7.950
595
47.88
360
355
5
2012-01
1
1,129,684.54
0.32
49.59
6.700
609
56.50
360
356
4
2012-03
1
249,074.00
0.07
0.00
7.999
704
80.00
360
358
2
2012-04
10
2,750,210.58
0.77
37.97
7.959
652
76.79
360
359
1
2012-05
52
18,539,817.00
5.22
41.94
7.917
633
81.89
360
360
0
Total:
878
$355,319,454.93
100.00%
42.95%
8.317%
615
81.66%
360
360
0