EX-99.1 3 bnc07004_ex991-200803.txt EX-99.1 BNC Mortgage Loan Trust Mortgage Pass-Through Certificates Distribution Date: 3/25/2008 BNC Mortgage Loan Trust Mortgage Pass-Through Certificates Series 2007-4 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 8480 Stagecoach Circle Frederick, MD 21701-4747 www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675
Current Market Distribution Summary Class CUSIP Certificate Original Actual Pass-Through Certificate Certificate Rate Balance Balance A1 05570GAA1 3.74500% 209,550,000.00 205,329,675.87 A2 05570GAB9 4.63500% 45,455,000.00 45,455,000.00 A2A 05570GBN2 3.38500% 0.00 0.00 A2B 05570GBP7 1.25000% 0.00 0.00 A3 05570GAC7 4.38500% 75,129,000.00 0.00 A3A 05570GAV5 3.38500% 0.00 69,933,639.42 A3B 05570GAW3 1.00000% 0.00 0.00 A4 05570GAD5 4.63500% 96,481,000.00 96,481,000.00 A4A 05570GAX1 3.38500% 0.00 0.00 A4B 05570GAY9 1.25000% 0.00 0.00 M1 05570GAE3 4.63500% 21,653,000.00 21,653,000.00 M1A 05570GAZ6 3.38500% 0.00 0.00 M1B 05570GBA0 1.25000% 0.00 0.00 M2 05570GAF0 4.63500% 14,178,000.00 14,178,000.00 M2A 05570GBB8 3.38500% 0.00 0.00 M2B 05570GBC6 1.25000% 0.00 0.00 M3 05570GAG8 5.13500% 6,702,000.00 6,702,000.00 M3A 05570GBD4 3.38500% 0.00 0.00 M3B 05570GBE2 1.75000% 0.00 0.00 M4 05570GAH6 4.63500% 6,960,000.00 6,960,000.00 M4A 05570GBF9 3.38500% 0.00 0.00 M4B 05570GBG7 1.25000% 0.00 0.00 M5 05570GAJ2 4.63500% 6,186,000.00 6,186,000.00 M5A 05570GBH5 3.38500% 0.00 0.00 M5B 05570GBJ1 1.25000% 0.00 0.00 M6 05570GAK9 4.63500% 4,124,000.00 4,124,000.00 M6A 05570GBK8 3.38500% 0.00 0.00 M6B 05570GBL6 1.25000% 0.00 0.00 M7 05570GAL7 6.00000% 3,867,000.00 3,867,000.00 M8 05570GAM5 6.00000% 3,093,000.00 3,093,000.00 M9 05570GAN3 6.00000% 2,578,000.00 2,578,000.00 B1 05570GAQ6 4.63500% 2,578,000.00 2,578,000.00 B2 05570GAR4 4.63500% 5,671,000.00 5,671,000.00 B3 05570GAS2 4.63500% 5,929,000.00 5,929,000.00 X BNCMOR074X 0.00000% 5,413,921.44 5,413,921.44 R BNCMOR074R 0.00000% 0.00 0.00 P BNCMOR074P 0.00000% 100.00 100.00 LT-R BNCMOR074LTR 0.00000% 0.00 0.00 Totals 515,548,021.44 506,132,336.73
Current Market Distribution Summary (Continued) Class Ending Ending Interest Principal Certificate Balance Total Distribution Distribution Balance Factor Distribution A1 619,439.71 2,319,379.95 203,010,295.92 0.9687916770 2,938,819.66 A2 169,717.61 0.00 45,455,000.00 1.0000000000 169,717.61 A2A 0.00 0.00 0.00 0.0000000000 0.00 A2B 0.00 0.00 0.00 0.0000000000 0.00 A3 0.00 0.00 0.00 0.0000000000 0.00 A3A 190,695.44 1,221,728.92 68,711,910.50 0.0000000000 1,412,424.36 A3B 56,335.43 0.00 0.00 0.0000000000 56,335.43 A4 360,235.93 0.00 96,481,000.00 1.0000000000 360,235.93 A4A 0.00 0.00 0.00 0.0000000000 0.00 A4B 0.00 0.00 0.00 0.0000000000 0.00 M1 80,846.89 0.00 21,653,000.00 1.0000000000 80,846.89 M1A 0.00 0.00 0.00 0.0000000000 0.00 M1B 0.00 0.00 0.00 0.0000000000 0.00 M2 52,937.11 0.00 14,178,000.00 1.0000000000 52,937.11 M2A 0.00 0.00 0.00 0.0000000000 0.00 M2B 0.00 0.00 0.00 0.0000000000 0.00 M3 27,723.01 0.00 6,702,000.00 1.0000000000 27,723.01 M3A 0.00 0.00 0.00 0.0000000000 0.00 M3B 0.00 0.00 0.00 0.0000000000 0.00 M4 25,986.90 0.00 6,960,000.00 1.0000000000 25,986.90 M4A 0.00 0.00 0.00 0.0000000000 0.00 M4B 0.00 0.00 0.00 0.0000000000 0.00 M5 23,096.98 0.00 6,186,000.00 1.0000000000 23,096.98 M5A 0.00 0.00 0.00 0.0000000000 0.00 M5B 0.00 0.00 0.00 0.0000000000 0.00 M6 15,397.99 0.00 4,124,000.00 1.0000000000 15,397.99 M6A 0.00 0.00 0.00 0.0000000000 0.00 M6B 0.00 0.00 0.00 0.0000000000 0.00 M7 19,335.00 0.00 3,867,000.00 1.0000000000 19,335.00 M8 15,465.00 0.00 3,093,000.00 1.0000000000 15,465.00 M9 12,890.00 0.00 2,578,000.00 1.0000000000 12,890.00 B1 9,625.61 0.00 2,578,000.00 1.0000000000 9,625.61 B2 21,174.10 0.00 5,671,000.00 1.0000000000 21,174.10 B3 22,137.40 0.00 5,929,000.00 1.0000000000 22,137.40 X 824,728.85 0.00 5,413,921.44 1.0000000000 824,728.85 R 0.00 0.00 0.00 0.0000000000 0.00 P 26,881.04 0.00 100.00 1.0000000000 26,881.04 LT-R 0.00 0.00 0.00 0.0000000000 0.00 Totals 2,574,650.00 3,541,108.87 502,591,227.86 6,115,758.87
Certificateholder Distribution Summary Class CUSIP Record Certificate Beginning Interest Date Pass-Through Certificate Distribution Rate Balance A1 05570GAA1 03/24/2008 3.74500% 205,329,675.87 619,439.71 A2 05570GAB9 03/24/2008 4.63500% 45,455,000.00 169,717.61 A2A 05570GBN2 03/24/2008 3.38500% 45,455,000.00 123,946.95 A2B 05570GBP7 03/24/2008 1.25000% 0.00 45,770.66 A3 05570GAC7 03/24/2008 4.38500% 69,933,639.42 247,030.87 A3A 05570GAV5 03/24/2008 3.38500% 69,933,639.42 190,695.44 A3B 05570GAW3 03/24/2008 1.00000% 0.00 56,335.43 A4 05570GAD5 03/24/2008 4.63500% 96,481,000.00 360,235.93 A4A 05570GAX1 03/24/2008 3.38500% 96,481,000.00 263,084.93 A4B 05570GAY9 03/24/2008 1.25000% 0.00 97,151.01 M1 05570GAE3 03/24/2008 4.63500% 21,653,000.00 80,846.89 M1A 05570GAZ6 03/24/2008 3.38500% 21,653,000.00 59,043.52 M1B 05570GBA0 03/24/2008 1.25000% 0.00 21,803.37 M2 05570GAF0 03/24/2008 4.63500% 14,178,000.00 52,937.11 M2A 05570GBB8 03/24/2008 3.38500% 14,178,000.00 38,660.65 M2B 05570GBC6 03/24/2008 1.25000% 0.00 14,276.46 M3 05570GAG8 03/24/2008 5.13500% 6,702,000.00 27,723.01 M3A 05570GBD4 03/24/2008 3.38500% 6,702,000.00 18,275.05 M3B 05570GBE2 03/24/2008 1.75000% 0.00 9,447.96 M4 05570GAH6 03/24/2008 4.63500% 6,960,000.00 25,986.90 M4A 05570GBF9 03/24/2008 3.38500% 6,960,000.00 18,978.57 M4B 05570GBG7 03/24/2008 1.25000% 0.00 7,008.33 M5 05570GAJ2 03/24/2008 4.63500% 6,186,000.00 23,096.98 M5A 05570GBH5 03/24/2008 3.38500% 6,186,000.00 16,868.02 M5B 05570GBJ1 03/24/2008 1.25000% 0.00 6,228.96 M6 05570GAK9 03/24/2008 4.63500% 4,124,000.00 15,397.99 M6A 05570GBK8 03/24/2008 3.38500% 4,124,000.00 11,245.35 M6B 05570GBL6 03/24/2008 1.25000% 0.00 4,152.64 M7 05570GAL7 01/08/2008 6.00000% 3,867,000.00 19,335.00 M8 05570GAM5 01/08/2008 6.00000% 3,093,000.00 15,465.00 M9 05570GAN3 01/08/2008 6.00000% 2,578,000.00 12,890.00 B1 05570GAQ6 03/24/2008 4.63500% 2,578,000.00 9,625.61 B2 05570GAR4 03/24/2008 4.63500% 5,671,000.00 21,174.10 B3 05570GAS2 03/24/2008 4.63500% 5,929,000.00 22,137.40 X BNCMOR074X 02/29/2008 0.00000% 5,413,921.44 824,728.85 R BNCMOR074R 01/08/2008 0.00000% 0.00 0.00 P BNCMOR074P 02/29/2008 0.00000% 100.00 26,881.04 LTR BNCMOR074LTR 02/29/2008 0.00000% 0.00 0.00 Totals 777,804,976.15 3,577,623.30
Certificateholder Distribution Summary (continued) Class Principal Current Ending Total Cumulative Distribution Realized Certificate Distribution Realized Loss Balance Losses A1 2,319,379.95 0.00 203,010,295.92 2,938,819.66 0.00 A2 0.00 0.00 45,455,000.00 169,717.61 0.00 A2A 0.00 0.00 45,455,000.00 123,946.95 0.00 A2B 0.00 0.00 0.00 45,770.66 0.00 A3 1,221,728.92 0.00 68,711,910.50 1,468,759.79 0.00 A3A 1,221,728.92 0.00 68,711,910.50 1,412,424.36 0.00 A3B 0.00 0.00 0.00 56,335.43 0.00 A4 0.00 0.00 96,481,000.00 360,235.93 0.00 A4A 0.00 0.00 96,481,000.00 263,084.93 0.00 A4B 0.00 0.00 0.00 97,151.01 0.00 M1 0.00 0.00 21,653,000.00 80,846.89 0.00 M1A 0.00 0.00 21,653,000.00 59,043.52 0.00 M1B 0.00 0.00 0.00 21,803.37 0.00 M2 0.00 0.00 14,178,000.00 52,937.11 0.00 M2A 0.00 0.00 14,178,000.00 38,660.65 0.00 M2B 0.00 0.00 0.00 14,276.46 0.00 M3 0.00 0.00 6,702,000.00 27,723.01 0.00 M3A 0.00 0.00 6,702,000.00 18,275.05 0.00 M3B 0.00 0.00 0.00 9,447.96 0.00 M4 0.00 0.00 6,960,000.00 25,986.90 0.00 M4A 0.00 0.00 6,960,000.00 18,978.57 0.00 M4B 0.00 0.00 0.00 7,008.33 0.00 M5 0.00 0.00 6,186,000.00 23,096.98 0.00 M5A 0.00 0.00 6,186,000.00 16,868.02 0.00 M5B 0.00 0.00 0.00 6,228.96 0.00 M6 0.00 0.00 4,124,000.00 15,397.99 0.00 M6A 0.00 0.00 4,124,000.00 11,245.35 0.00 M6B 0.00 0.00 0.00 4,152.64 0.00 M7 0.00 0.00 3,867,000.00 19,335.00 0.00 M8 0.00 0.00 3,093,000.00 15,465.00 0.00 M9 0.00 0.00 2,578,000.00 12,890.00 0.00 B1 0.00 0.00 2,578,000.00 9,625.61 0.00 B2 0.00 0.00 5,671,000.00 21,174.10 0.00 B3 0.00 0.00 5,929,000.00 22,137.40 0.00 X 0.00 0.00 5,413,921.44 824,728.85 0.00 R 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 100.00 26,881.04 0.00 LTR 0.00 0.00 0.00 0.00 0.00 Totals 4,762,837.79 0.00 773,042,138.36 8,340,461.09 0.00 This report has been compiled from information provided to Wells Fargo Bank, N.A., by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A., has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A., expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties. All Record Dates are based upon the governing documents and logic set forth as of closing.
Current Market Principal Distribution Statement Class CUSIP Original Actual Scheduled Unscheduled Certificate Certificate Principal Principal Balance Balance Distribution Distribution A1 05570GAA1 209,550,000.00 205,329,675.87 0.00 2,319,379.95 A2 05570GAB9 45,455,000.00 45,455,000.00 0.00 0.00 A2A 05570GBN2 0.00 0.00 0.00 0.00 A2B 05570GBP7 0.00 0.00 0.00 0.00 A3 05570GAC7 75,129,000.00 0.00 0.00 0.00 A3A 05570GAV5 0.00 69,933,639.42 0.00 1,221,728.92 A3B 05570GAW3 0.00 0.00 0.00 0.00 A4 05570GAD5 96,481,000.00 96,481,000.00 0.00 0.00 A4A 05570GAX1 0.00 0.00 0.00 0.00 A4B 05570GAY9 0.00 0.00 0.00 0.00 M1 05570GAE3 21,653,000.00 21,653,000.00 0.00 0.00 M1A 05570GAZ6 0.00 0.00 0.00 0.00 M1B 05570GBA0 0.00 0.00 0.00 0.00 M2 05570GAF0 14,178,000.00 14,178,000.00 0.00 0.00 M2A 05570GBB8 0.00 0.00 0.00 0.00 M2B 05570GBC6 0.00 0.00 0.00 0.00 M3 05570GAG8 6,702,000.00 6,702,000.00 0.00 0.00 M3A 05570GBD4 0.00 0.00 0.00 0.00 M3B 05570GBE2 0.00 0.00 0.00 0.00 M4 05570GAH6 6,960,000.00 6,960,000.00 0.00 0.00 M4A 05570GBF9 0.00 0.00 0.00 0.00 M4B 05570GBG7 0.00 0.00 0.00 0.00 M5 05570GAJ2 6,186,000.00 6,186,000.00 0.00 0.00 M5A 05570GBH5 0.00 0.00 0.00 0.00 M5B 05570GBJ1 0.00 0.00 0.00 0.00 M6 05570GAK9 4,124,000.00 4,124,000.00 0.00 0.00 M6A 05570GBK8 0.00 0.00 0.00 0.00 M6B 05570GBL6 0.00 0.00 0.00 0.00 M7 05570GAL7 3,867,000.00 3,867,000.00 0.00 0.00 M8 05570GAM5 3,093,000.00 3,093,000.00 0.00 0.00 M9 05570GAN3 2,578,000.00 2,578,000.00 0.00 0.00 B1 05570GAQ6 2,578,000.00 2,578,000.00 0.00 0.00 B2 05570GAR4 5,671,000.00 5,671,000.00 0.00 0.00 B3 05570GAS2 5,929,000.00 5,929,000.00 0.00 0.00 X BNCMOR074X 5,413,921.44 5,413,921.44 0.00 0.00 R BNCMOR074R 0.00 0.00 0.00 0.00 P BNCMOR074P 100.00 100.00 0.00 0.00 LT-R BNCMOR074LTR 0.00 0.00 0.00 0.00 Totals 515,548,021.44 506,132,336.73 0.00 3,541,108.87
Current Market Principal Distribution Statement (Continued) Class Total Ending Ending Total Principal Certificate Balance Principal Accretion Realized Loss Reduction Balance Factor Distribution A1 0.00 0.00 2,319,379.95 203,010,295.92 0.9687916770 2,319,379.95 A2 0.00 0.00 0.00 45,455,000.00 1.0000000000 0.00 A2A 0.00 0.00 0.00 0.00 0.0000000000 0.00 A2B 0.00 0.00 0.00 0.00 0.0000000000 0.00 A3 0.00 0.00 0.00 0.00 0.0000000000 0.00 A3A 0.00 0.00 1,221,728.92 68,711,910.50 0.0000000000 1,221,728.92 A3B 0.00 0.00 0.00 0.00 0.0000000000 0.00 A4 0.00 0.00 0.00 96,481,000.00 1.0000000000 0.00 A4A 0.00 0.00 0.00 0.00 0.0000000000 0.00 A4B 0.00 0.00 0.00 0.00 0.0000000000 0.00 M1 0.00 0.00 0.00 21,653,000.00 1.0000000000 0.00 M1A 0.00 0.00 0.00 0.00 0.0000000000 0.00 M1B 0.00 0.00 0.00 0.00 0.0000000000 0.00 M2 0.00 0.00 0.00 14,178,000.00 1.0000000000 0.00 M2A 0.00 0.00 0.00 0.00 0.0000000000 0.00 M2B 0.00 0.00 0.00 0.00 0.0000000000 0.00 M3 0.00 0.00 0.00 6,702,000.00 1.0000000000 0.00 M3A 0.00 0.00 0.00 0.00 0.0000000000 0.00 M3B 0.00 0.00 0.00 0.00 0.0000000000 0.00 M4 0.00 0.00 0.00 6,960,000.00 1.0000000000 0.00 M4A 0.00 0.00 0.00 0.00 0.0000000000 0.00 M4B 0.00 0.00 0.00 0.00 0.0000000000 0.00 M5 0.00 0.00 0.00 6,186,000.00 1.0000000000 0.00 M5A 0.00 0.00 0.00 0.00 0.0000000000 0.00 M5B 0.00 0.00 0.00 0.00 0.0000000000 0.00 M6 0.00 0.00 0.00 4,124,000.00 1.0000000000 0.00 M6A 0.00 0.00 0.00 0.00 0.0000000000 0.00 M6B 0.00 0.00 0.00 0.00 0.0000000000 0.00 M7 0.00 0.00 0.00 3,867,000.00 1.0000000000 0.00 M8 0.00 0.00 0.00 3,093,000.00 1.0000000000 0.00 M9 0.00 0.00 0.00 2,578,000.00 1.0000000000 0.00 B1 0.00 0.00 0.00 2,578,000.00 1.0000000000 0.00 B2 0.00 0.00 0.00 5,671,000.00 1.0000000000 0.00 B3 0.00 0.00 0.00 5,929,000.00 1.0000000000 0.00 X 0.00 0.00 0.00 5,413,921.44 1.0000000000 0.00 R 0.00 0.00 0.00 0.00 0.0000000000 0.00 P 0.00 0.00 0.00 100.00 1.0000000000 0.00 LT-R 0.00 0.00 0.00 0.00 0.0000000000 0.00 Totals 0.00 0.00 3,541,108.87 502,591,227.86 3,541,108.87
Principal Distribution Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution A1 209,550,000.00 205,329,675.87 0.00 2,319,379.95 0.00 A2 45,455,000.00 45,455,000.00 0.00 0.00 0.00 A2A 45,455,000.00 45,455,000.00 0.00 0.00 0.00 A2B 0.00 0.00 0.00 0.00 0.00 A3 75,129,000.00 69,933,639.42 0.00 1,221,728.92 0.00 A3A 75,129,000.00 69,933,639.42 0.00 1,221,728.92 0.00 A3B 0.00 0.00 0.00 0.00 0.00 A4 96,481,000.00 96,481,000.00 0.00 0.00 0.00 A4A 96,481,000.00 96,481,000.00 0.00 0.00 0.00 A4B 0.00 0.00 0.00 0.00 0.00 M1 21,653,000.00 21,653,000.00 0.00 0.00 0.00 M1A 21,653,000.00 21,653,000.00 0.00 0.00 0.00 M1B 0.00 0.00 0.00 0.00 0.00 M2 14,178,000.00 14,178,000.00 0.00 0.00 0.00 M2A 14,178,000.00 14,178,000.00 0.00 0.00 0.00 M2B 0.00 0.00 0.00 0.00 0.00 M3 6,702,000.00 6,702,000.00 0.00 0.00 0.00 M3A 6,702,000.00 6,702,000.00 0.00 0.00 0.00 M3B 0.00 0.00 0.00 0.00 0.00 M4 6,960,000.00 6,960,000.00 0.00 0.00 0.00 M4A 6,960,000.00 6,960,000.00 0.00 0.00 0.00 M4B 0.00 0.00 0.00 0.00 0.00 M5 6,186,000.00 6,186,000.00 0.00 0.00 0.00 M5A 6,186,000.00 6,186,000.00 0.00 0.00 0.00 M5B 0.00 0.00 0.00 0.00 0.00 M6 4,124,000.00 4,124,000.00 0.00 0.00 0.00 M6A 4,124,000.00 4,124,000.00 0.00 0.00 0.00 M6B 0.00 0.00 0.00 0.00 0.00 M7 3,867,000.00 3,867,000.00 0.00 0.00 0.00 M8 3,093,000.00 3,093,000.00 0.00 0.00 0.00 M9 2,578,000.00 2,578,000.00 0.00 0.00 0.00 B1 2,578,000.00 2,578,000.00 0.00 0.00 0.00 B2 5,671,000.00 5,671,000.00 0.00 0.00 0.00 B3 5,929,000.00 5,929,000.00 0.00 0.00 0.00 X 5,413,921.44 5,413,921.44 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 LTR 0.00 0.00 0.00 0.00 0.00 Totals 792,416,021.44 777,804,976.15 0.00 4,762,837.79 0.00
Principal Distribution Statement (continued) Class Realized Total Ending Ending Total Loss Principal Certificate Certificate Principal Reduction Balance Percentage Distribution A1 0.00 2,319,379.95 203,010,295.92 0.96879168 2,319,379.95 A2 0.00 0.00 45,455,000.00 1.00000000 0.00 A2A 0.00 0.00 45,455,000.00 1.00000000 0.00 A2B 0.00 0.00 0.00 0.00000000 0.00 A3 0.00 1,221,728.92 68,711,910.50 0.91458572 1,221,728.92 A3A 0.00 1,221,728.92 68,711,910.50 0.91458572 1,221,728.92 A3B 0.00 0.00 0.00 0.00000000 0.00 A4 0.00 0.00 96,481,000.00 1.00000000 0.00 A4A 0.00 0.00 96,481,000.00 1.00000000 0.00 A4B 0.00 0.00 0.00 0.00000000 0.00 M1 0.00 0.00 21,653,000.00 1.00000000 0.00 M1A 0.00 0.00 21,653,000.00 1.00000000 0.00 M1B 0.00 0.00 0.00 0.00000000 0.00 M2 0.00 0.00 14,178,000.00 1.00000000 0.00 M2A 0.00 0.00 14,178,000.00 1.00000000 0.00 M2B 0.00 0.00 0.00 0.00000000 0.00 M3 0.00 0.00 6,702,000.00 1.00000000 0.00 M3A 0.00 0.00 6,702,000.00 1.00000000 0.00 M3B 0.00 0.00 0.00 0.00000000 0.00 M4 0.00 0.00 6,960,000.00 1.00000000 0.00 M4A 0.00 0.00 6,960,000.00 1.00000000 0.00 M4B 0.00 0.00 0.00 0.00000000 0.00 M5 0.00 0.00 6,186,000.00 1.00000000 0.00 M5A 0.00 0.00 6,186,000.00 1.00000000 0.00 M5B 0.00 0.00 0.00 0.00000000 0.00 M6 0.00 0.00 4,124,000.00 1.00000000 0.00 M6A 0.00 0.00 4,124,000.00 1.00000000 0.00 M6B 0.00 0.00 0.00 0.00000000 0.00 M7 0.00 0.00 3,867,000.00 1.00000000 0.00 M8 0.00 0.00 3,093,000.00 1.00000000 0.00 M9 0.00 0.00 2,578,000.00 1.00000000 0.00 B1 0.00 0.00 2,578,000.00 1.00000000 0.00 B2 0.00 0.00 5,671,000.00 1.00000000 0.00 B3 0.00 0.00 5,929,000.00 1.00000000 0.00 X 0.00 0.00 5,413,921.44 1.00000000 0.00 R 0.00 0.00 0.00 0.00000000 0.00 P 0.00 0.00 100.00 1.00000000 0.00 LTR 0.00 0.00 0.00 0.00000000 0.00 Totals 0.00 4,762,837.79 773,042,138.36 0.97555087 4,762,837.79
Principal Distribution Factors Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution A1 209,550,000.00 979.86006142 0.00000000 11.06838440 0.00000000 A2 45,455,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A2A 45,455,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A2B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A3 75,129,000.00 930.84746796 0.00000000 16.26174873 0.00000000 A3A 75,129,000.00 930.84746796 0.00000000 16.26174873 0.00000000 A3B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A4 96,481,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A4A 96,481,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A4B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M1 21,653,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M1A 21,653,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M1B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M2 14,178,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2A 14,178,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M3 6,702,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3A 6,702,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M4 6,960,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4A 6,960,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M5 6,186,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M5A 6,186,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M5B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M6 4,124,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M6A 4,124,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M6B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M7 3,867,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M8 3,093,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M9 2,578,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B1 2,578,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B2 5,671,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B3 5,929,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 5,413,921.44 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 LTR 0.00 0.00000000 0.00000000 0.00000000 0.00000000
Principal Distribution Factors Statement (continued) Class Realized Total Ending Ending Total Loss Principal Certificate Certificate Principal Reduction Balance Percentage Distribution A1 0.00000000 11.06838440 968.79167702 0.96879168 11.06838440 A2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 A2A 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 A2B 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A3 0.00000000 16.26174873 914.58571923 0.91458572 16.26174873 A3A 0.00000000 16.26174873 914.58571923 0.91458572 16.26174873 A3B 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A4 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 A4A 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 A4B 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M1 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M1A 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M1B 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M2A 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M2B 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M3A 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M3B 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M4 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M4A 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M4B 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M5 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M5A 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M5B 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M6 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M6A 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M6B 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M7 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M8 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M9 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 B1 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 B2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 B3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 LTR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 NOTE: All classes per $1,000 denomination.
Current Market Interest Distribution Statement Class CUSIP Current Beginning Current Accrued Payment of Current Certificate Certificate/ Interest Unpaid Interest Interest Rate Notional Balance Shortfall Shortfall A1 05570GAA1 3.74500% 205,329,675.87 619,439.71 0.00 0.00 A2 05570GAB9 4.63500% 45,455,000.00 169,717.61 0.00 0.00 A2A 05570GBN2 3.38500% 0.00 0.00 0.00 0.00 A2B 05570GBP7 1.25000% 0.00 0.00 0.00 0.00 A3 05570GAC7 4.38500% 0.00 0.00 0.00 0.00 A3A 05570GAV5 3.38500% 69,933,639.42 190,695.44 0.00 0.00 A3B 05570GAW3 1.00000% 69,933,639.42 56,335.43 0.00 0.00 A4 05570GAD5 4.63500% 96,481,000.00 360,235.93 0.00 0.00 A4A 05570GAX1 3.38500% 0.00 0.00 0.00 0.00 A4B 05570GAY9 1.25000% 0.00 0.00 0.00 0.00 M1 05570GAE3 4.63500% 21,653,000.00 80,846.89 0.00 0.00 M1A 05570GAZ6 3.38500% 0.00 0.00 0.00 0.00 M1B 05570GBA0 1.25000% 0.00 0.00 0.00 0.00 M2 05570GAF0 4.63500% 14,178,000.00 52,937.11 0.00 0.00 M2A 05570GBB8 3.38500% 0.00 0.00 0.00 0.00 M2B 05570GBC6 1.25000% 0.00 0.00 0.00 0.00 M3 05570GAG8 5.13500% 6,702,000.00 27,723.01 0.00 0.00 M3A 05570GBD4 3.38500% 0.00 0.00 0.00 0.00 M3B 05570GBE2 1.75000% 0.00 0.00 0.00 0.00 M4 05570GAH6 4.63500% 6,960,000.00 25,986.90 0.00 0.00 M4A 05570GBF9 3.38500% 0.00 0.00 0.00 0.00 M4B 05570GBG7 1.25000% 0.00 0.00 0.00 0.00 M5 05570GAJ2 4.63500% 6,186,000.00 23,096.98 0.00 0.00 M5A 05570GBH5 3.38500% 0.00 0.00 0.00 0.00 M5B 05570GBJ1 1.25000% 0.00 0.00 0.00 0.00 M6 05570GAK9 4.63500% 4,124,000.00 15,397.99 0.00 0.00 M6A 05570GBK8 3.38500% 0.00 0.00 0.00 0.00 M6B 05570GBL6 1.25000% 0.00 0.00 0.00 0.00 M7 05570GAL7 6.00000% 3,867,000.00 19,335.00 0.00 0.00 M8 05570GAM5 6.00000% 3,093,000.00 15,465.00 0.00 0.00 M9 05570GAN3 6.00000% 2,578,000.00 12,890.00 0.00 0.00 B1 05570GAQ6 4.63500% 2,578,000.00 9,625.61 0.00 0.00 B2 05570GAR4 4.63500% 5,671,000.00 21,174.10 0.00 0.00 B3 05570GAS2 4.63500% 5,929,000.00 22,137.40 0.00 0.00 X BNCMOR074X 0.00000% 5,413,921.44 0.00 0.00 0.00 R BNCMOR074R 0.00000% 0.00 0.00 0.00 0.00 P BNCMOR074P 0.00000% 100.00 0.00 0.00 0.00 LT-R BNCMOR074LTR 0.00000% 0.00 0.00 0.00 0.00 Totals 576,065,976.15 1,723,040.11 0.00 0.00
Current Market Interest Distribution Statement (Continued) Class Non-Supported Total Remaining Ending Interest Interest Unpaid Interest Certificate/ Shortfall Distribution Shortfall Notional Balance A1 0.00 619,439.71 0.00 203,010,295.92 A2 0.00 169,717.61 0.00 45,455,000.00 A2A 0.00 0.00 0.00 0.00 A2B 0.00 0.00 0.00 0.00 A3 0.00 0.00 0.00 0.00 A3A 0.00 190,695.44 0.00 68,711,910.50 A3B 0.00 56,335.43 0.00 68,711,910.50 A4 0.00 360,235.93 0.00 96,481,000.00 A4A 0.00 0.00 0.00 0.00 A4B 0.00 0.00 0.00 0.00 M1 0.00 80,846.89 0.00 21,653,000.00 M1A 0.00 0.00 0.00 0.00 M1B 0.00 0.00 0.00 0.00 M2 0.00 52,937.11 0.00 14,178,000.00 M2A 0.00 0.00 0.00 0.00 M2B 0.00 0.00 0.00 0.00 M3 0.00 27,723.01 0.00 6,702,000.00 M3A 0.00 0.00 0.00 0.00 M3B 0.00 0.00 0.00 0.00 M4 0.00 25,986.90 0.00 6,960,000.00 M4A 0.00 0.00 0.00 0.00 M4B 0.00 0.00 0.00 0.00 M5 0.00 23,096.98 0.00 6,186,000.00 M5A 0.00 0.00 0.00 0.00 M5B 0.00 0.00 0.00 0.00 M6 0.00 15,397.99 0.00 4,124,000.00 M6A 0.00 0.00 0.00 0.00 M6B 0.00 0.00 0.00 0.00 M7 0.00 19,335.00 0.00 3,867,000.00 M8 0.00 15,465.00 0.00 3,093,000.00 M9 0.00 12,890.00 0.00 2,578,000.00 B1 0.00 9,625.61 0.00 2,578,000.00 B2 0.00 21,174.10 0.00 5,671,000.00 B3 0.00 22,137.40 0.00 5,929,000.00 X 0.00 824,728.85 0.00 5,413,921.44 R 0.00 0.00 0.00 0.00 P 0.00 26,881.04 0.00 100.00 LT-R 0.00 0.00 0.00 0.00 Totals 0.00 2,574,650.00 0.00 571,303,138.36
Interest Distribution Statement Class Accrual Accrual Current Beginning Current Payment of Dates Days Certificate Certificate/ Accrued Unpaid Interest Rate Notional Interest Shortfall (1) Balance A1 02/25/08 - 03/24/08 29 3.74500% 205,329,675.87 619,439.71 0.00 A2 02/25/08 - 03/24/08 29 4.63500% 45,455,000.00 169,717.61 0.00 A2A 02/25/08 - 03/24/08 29 3.38500% 45,455,000.00 123,946.95 0.00 A2B 02/25/08 - 03/24/08 29 1.25000% 45,455,000.00 45,770.66 0.00 A3 02/25/08 - 03/24/08 29 4.38500% 69,933,639.42 247,030.87 0.00 A3A 02/25/08 - 03/24/08 29 3.38500% 69,933,639.42 190,695.44 0.00 A3B 02/25/08 - 03/24/08 29 1.00000% 69,933,639.42 56,335.43 0.00 A4 02/25/08 - 03/24/08 29 4.63500% 96,481,000.00 360,235.93 0.00 A4A 02/25/08 - 03/24/08 29 3.38500% 96,481,000.00 263,084.93 0.00 A4B 02/25/08 - 03/24/08 29 1.25000% 96,481,000.00 97,151.01 0.00 M1 02/25/08 - 03/24/08 29 4.63500% 21,653,000.00 80,846.89 0.00 M1A 02/25/08 - 03/24/08 29 3.38500% 21,653,000.00 59,043.52 0.00 M1B 02/25/08 - 03/24/08 29 1.25000% 21,653,000.00 21,803.37 0.00 M2 02/25/08 - 03/24/08 29 4.63500% 14,178,000.00 52,937.11 0.00 M2A 02/25/08 - 03/24/08 29 3.38500% 14,178,000.00 38,660.65 0.00 M2B 02/25/08 - 03/24/08 29 1.25000% 14,178,000.00 14,276.46 0.00 M3 02/25/08 - 03/24/08 29 5.13500% 6,702,000.00 27,723.01 0.00 M3A 02/25/08 - 03/24/08 29 3.38500% 6,702,000.00 18,275.05 0.00 M3B 02/25/08 - 03/24/08 29 1.75000% 6,702,000.00 9,447.96 0.00 M4 02/25/08 - 03/24/08 29 4.63500% 6,960,000.00 25,986.90 0.00 M4A 02/25/08 - 03/24/08 29 3.38500% 6,960,000.00 18,978.57 0.00 M4B 02/25/08 - 03/24/08 29 1.25000% 6,960,000.00 7,008.33 0.00 M5 02/25/08 - 03/24/08 29 4.63500% 6,186,000.00 23,096.98 0.00 M5A 02/25/08 - 03/24/08 29 3.38500% 6,186,000.00 16,868.02 0.00 M5B 02/25/08 - 03/24/08 29 1.25000% 6,186,000.00 6,228.96 0.00 M6 02/25/08 - 03/24/08 29 4.63500% 4,124,000.00 15,397.99 0.00 M6A 02/25/08 - 03/24/08 29 3.38500% 4,124,000.00 11,245.35 0.00 M6B 02/25/08 - 03/24/08 29 1.25000% 4,124,000.00 4,152.64 0.00 M7 02/01/08 - 02/29/08 30 6.00000% 3,867,000.00 19,335.00 0.00 M8 02/01/08 - 02/29/08 30 6.00000% 3,093,000.00 15,465.00 0.00 M9 02/01/08 - 02/29/08 30 6.00000% 2,578,000.00 12,890.00 0.00 B1 02/25/08 - 03/24/08 29 4.63500% 2,578,000.00 9,625.61 0.00 B2 02/25/08 - 03/24/08 29 4.63500% 5,671,000.00 21,174.10 0.00 B3 02/25/08 - 03/24/08 29 4.63500% 5,929,000.00 22,137.40 0.00 X N/A N/A 0.00000% 5,413,921.44 0.00 0.00 R N/A N/A 0.00000% 0.00 0.00 0.00 P N/A N/A 0.00000% 100.00 0.00 0.00 LTR N/A N/A 0.00000% 0.00 0.00 0.00 Totals 2,726,013.41 0.00
Interest Distribution Statement (continued) Class Current Non-Supported Total Remaining Ending Interest Interest Interest Unpaid Interest Certificate/ Shortfall(1) Shortfall Distribution Shortfall(1) Notional Balance A1 0.00 0.00 619,439.71 0.00 203,010,295.92 A2 0.00 0.00 169,717.61 0.00 45,455,000.00 A2A 0.00 0.00 123,946.95 0.00 45,455,000.00 A2B 0.00 0.00 45,770.66 0.00 45,455,000.00 A3 0.00 0.00 247,030.87 0.00 68,711,910.50 A3A 0.00 0.00 190,695.44 0.00 68,711,910.50 A3B 0.00 0.00 56,335.43 0.00 68,711,910.50 A4 0.00 0.00 360,235.93 0.00 96,481,000.00 A4A 0.00 0.00 263,084.93 0.00 96,481,000.00 A4B 0.00 0.00 97,151.01 0.00 96,481,000.00 M1 0.00 0.00 80,846.89 0.00 21,653,000.00 M1A 0.00 0.00 59,043.52 0.00 21,653,000.00 M1B 0.00 0.00 21,803.37 0.00 21,653,000.00 M2 0.00 0.00 52,937.11 0.00 14,178,000.00 M2A 0.00 0.00 38,660.65 0.00 14,178,000.00 M2B 0.00 0.00 14,276.46 0.00 14,178,000.00 M3 0.00 0.00 27,723.01 0.00 6,702,000.00 M3A 0.00 0.00 18,275.05 0.00 6,702,000.00 M3B 0.00 0.00 9,447.96 0.00 6,702,000.00 M4 0.00 0.00 25,986.90 0.00 6,960,000.00 M4A 0.00 0.00 18,978.57 0.00 6,960,000.00 M4B 0.00 0.00 7,008.33 0.00 6,960,000.00 M5 0.00 0.00 23,096.98 0.00 6,186,000.00 M5A 0.00 0.00 16,868.02 0.00 6,186,000.00 M5B 0.00 0.00 6,228.96 0.00 6,186,000.00 M6 0.00 0.00 15,397.99 0.00 4,124,000.00 M6A 0.00 0.00 11,245.35 0.00 4,124,000.00 M6B 0.00 0.00 4,152.64 0.00 4,124,000.00 M7 0.00 0.00 19,335.00 0.00 3,867,000.00 M8 0.00 0.00 15,465.00 0.00 3,093,000.00 M9 0.00 0.00 12,890.00 0.00 2,578,000.00 B1 0.00 0.00 9,625.61 0.00 2,578,000.00 B2 0.00 0.00 21,174.10 0.00 5,671,000.00 B3 0.00 0.00 22,137.40 0.00 5,929,000.00 X 0.00 0.00 824,728.85 0.00 5,413,921.44 R 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 26,881.04 0.00 100.00 LTR 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 3,577,623.30 0.00 (1) Amount also includes Coupon Cap or Basis Risk Shortfalls, if applicable.
Interest Distribution Factors Statement Class Original Current Beginning Current Payment of Face Certificate Certificate/ Accrued Unpaid Interest Amount Rate Notional Interest Shortfall (1) Balance A1 209,550,000.00 3.74500% 979.86006142 2.95604729 0.00000000 A2 45,455,000.00 4.63500% 1000.00000000 3.73375008 0.00000000 A2A 45,455,000.00 3.38500% 1000.00000000 2.72680563 0.00000000 A2B 0.00 1.25000% 1000.00000000 1.00694445 0.00000000 A3 75,129,000.00 4.38500% 930.84746796 3.28808942 0.00000000 A3A 75,129,000.00 3.38500% 930.84746796 2.53824009 0.00000000 A3B 0.00 1.00000% 930.84746796 0.74984933 0.00000000 A4 96,481,000.00 4.63500% 1000.00000000 3.73374996 0.00000000 A4A 96,481,000.00 3.38500% 1000.00000000 2.72680559 0.00000000 A4B 0.00 1.25000% 1000.00000000 1.00694448 0.00000000 M1 21,653,000.00 4.63500% 1000.00000000 3.73375006 0.00000000 M1A 21,653,000.00 3.38500% 1000.00000000 2.72680552 0.00000000 M1B 0.00 1.25000% 1000.00000000 1.00694453 0.00000000 M2 14,178,000.00 4.63500% 1000.00000000 3.73375018 0.00000000 M2A 14,178,000.00 3.38500% 1000.00000000 2.72680561 0.00000000 M2B 0.00 1.25000% 1000.00000000 1.00694456 0.00000000 M3 6,702,000.00 5.13500% 1000.00000000 4.13652790 0.00000000 M3A 6,702,000.00 3.38500% 1000.00000000 2.72680543 0.00000000 M3B 0.00 1.75000% 1000.00000000 1.40972247 0.00000000 M4 6,960,000.00 4.63500% 1000.00000000 3.73375000 0.00000000 M4A 6,960,000.00 3.38500% 1000.00000000 2.72680603 0.00000000 M4B 0.00 1.25000% 1000.00000000 1.00694397 0.00000000 M5 6,186,000.00 4.63500% 1000.00000000 3.73375040 0.00000000 M5A 6,186,000.00 3.38500% 1000.00000000 2.72680569 0.00000000 M5B 0.00 1.25000% 1000.00000000 1.00694471 0.00000000 M6 4,124,000.00 4.63500% 1000.00000000 3.73375121 0.00000000 M6A 4,124,000.00 3.38500% 1000.00000000 2.72680650 0.00000000 M6B 0.00 1.25000% 1000.00000000 1.00694471 0.00000000 M7 3,867,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 M8 3,093,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 M9 2,578,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 B1 2,578,000.00 4.63500% 1000.00000000 3.73375097 0.00000000 B2 5,671,000.00 4.63500% 1000.00000000 3.73375066 0.00000000 B3 5,929,000.00 4.63500% 1000.00000000 3.73374937 0.00000000 X 5,413,921.44 0.00000% 1000.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 LTR 0.00 0.00000% 0.00000000 0.00000000 0.00000000
Interest Distribution Factors Statement (continued) Class Current Non-Supported Total Remaining Unpaid Ending Interest Interest Interest Interest Certificate/ Shortfall(1) Shortfall Distribution Shortfall(1) Notional Balance A1 0.00000000 0.00000000 2.95604729 0.00000000 968.79167702 A2 0.00000000 0.00000000 3.73375008 0.00000000 1000.00000000 A2A 0.00000000 0.00000000 2.72680563 0.00000000 1000.00000000 A2B 0.00000000 0.00000000 1.00694445 0.00000000 1000.00000000 A3 0.00000000 0.00000000 3.28808942 0.00000000 914.58571923 A3A 0.00000000 0.00000000 2.53824009 0.00000000 914.58571923 A3B 0.00000000 0.00000000 0.74984933 0.00000000 914.58571923 A4 0.00000000 0.00000000 3.73374996 0.00000000 1000.00000000 A4A 0.00000000 0.00000000 2.72680559 0.00000000 1000.00000000 A4B 0.00000000 0.00000000 1.00694448 0.00000000 1000.00000000 M1 0.00000000 0.00000000 3.73375006 0.00000000 1000.00000000 M1A 0.00000000 0.00000000 2.72680552 0.00000000 1000.00000000 M1B 0.00000000 0.00000000 1.00694453 0.00000000 1000.00000000 M2 0.00000000 0.00000000 3.73375018 0.00000000 1000.00000000 M2A 0.00000000 0.00000000 2.72680561 0.00000000 1000.00000000 M2B 0.00000000 0.00000000 1.00694456 0.00000000 1000.00000000 M3 0.00000000 0.00000000 4.13652790 0.00000000 1000.00000000 M3A 0.00000000 0.00000000 2.72680543 0.00000000 1000.00000000 M3B 0.00000000 0.00000000 1.40972247 0.00000000 1000.00000000 M4 0.00000000 0.00000000 3.73375000 0.00000000 1000.00000000 M4A 0.00000000 0.00000000 2.72680603 0.00000000 1000.00000000 M4B 0.00000000 0.00000000 1.00694397 0.00000000 1000.00000000 M5 0.00000000 0.00000000 3.73375040 0.00000000 1000.00000000 M5A 0.00000000 0.00000000 2.72680569 0.00000000 1000.00000000 M5B 0.00000000 0.00000000 1.00694471 0.00000000 1000.00000000 M6 0.00000000 0.00000000 3.73375121 0.00000000 1000.00000000 M6A 0.00000000 0.00000000 2.72680650 0.00000000 1000.00000000 M6B 0.00000000 0.00000000 1.00694471 0.00000000 1000.00000000 M7 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000 M8 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000 M9 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000 B1 0.00000000 0.00000000 3.73375097 0.00000000 1000.00000000 B2 0.00000000 0.00000000 3.73375066 0.00000000 1000.00000000 B3 0.00000000 0.00000000 3.73374937 0.00000000 1000.00000000 X 0.00000000 0.00000000 152.33483883 0.00000000 1000.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 268810.40000000 0.00000000 1000.00000000 LTR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (1) Amount also includes Coupon Cap or Basis Risk Shortfalls, if applicable. NOTE: All classes per $1,000 denomination.
Certificateholder Account Statement CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 6,827,727.59 Reserve Funds and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0.00 Servicer Advances 0.00 Gains & Subsequent Recoveries (Realized Losses) 0.00 Prepayment Penalties 26,881.04 Swap/Cap Payments 0.00 Total Deposits 6,854,608.63 Withdrawals Swap Payments 524,165.30 Reserve Funds and Credit Enhancements 0.00 Total Administration Fees 214,684.46 Payment of Interest and Principal 6,115,758.87 Total Withdrawals (Pool Distribution Amount) 6,854,608.63 Ending Balance 0.00 Servicer Advances are calculated as delinquent scheduled principal and interest.
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
ADMINISTRATION FEES Gross Servicing Fee* 210,888.47 Credit Risk Manager's Fee - Risk Management Group, LLC 3,795.99 Supported Prepayment/Curtailment Interest Shortfall 0.00 Total Administration Fees 214,684.46 *Servicer Payees include: JPMORGAN CHASE BANK, N.A.
Reserve and Guaranty Funds Account Name Beginning Current Current Ending Balance Withdrawals Deposits Balance Basis Risk Reserve Fund 1,000.00 0.00 0.00 1,000.00 Swap Account 1,000.00 824,728.85 824,728.85 1,000.00 Hedge Funds Account Name Funds In (A) Funds Out(B) Net Amount(A - B) Swap Agreement - Lehman Brothers 1,050,005.25 1,574,170.55 (524,165.30)
Collateral Statement Group Group 1 Group 2 Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 7.806756 7.770605 Weighted Average Net Rate 7.306756 7.270605 Weighted Average Pass-Through Rate 7.306756 7.270605 Weighted Average Remaining Term 352 352 Principal And Interest Constant 2,104,490.72 1,371,978.12 Beginning Loan Count 1,300 559 Loans Paid in Full 10 3 Ending Loan Count 1,290 556 Beginning Scheduled Balance 303,942,631.36 202,189,705.37 Ending Scheduled Balance 301,623,251.41 200,967,976.45 Actual Ending Collateral Balance 301,760,846.53 201,035,295.04 Scheduled Principal 127,152.36 62,697.83 Unscheduled Principal 2,192,227.59 1,159,031.09 Negative Amortized Principal 0.00 0.00 Scheduled Interest 1,977,338.36 1,309,280.29 Servicing Fees 126,642.76 84,245.71 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 1,850,695.60 1,225,034.58 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalty Waived Amount 0.00 0.00 Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount 26,881.04 0.00 Prepayment Penalty Paid Count 4 0 Special Servicing Fee 0.00 0.00
Collateral Statement (continued) Group Total Collateral Description Mixed Fixed & Arm Weighted Average Coupon Rate 7.792315 Weighted Average Net Rate 7.292315 Weighted Average Pass-Through Rate 7.292315 Weighted Average Remaining Term 352 Principal And Interest Constant 3,476,468.84 Beginning Loan Count 1,859 Loans Paid in Full 13 Ending Loan Count 1,846 Beginning Scheduled Balance 506,132,336.73 Ending Scheduled Balance 502,591,227.86 Actual Ending Collateral Balance 502,796,141.57 Scheduled Principal 189,850.19 Unscheduled Principal 3,351,258.68 Negative Amortized Principal 0.00 Scheduled Interest 3,286,618.65 Servicing Fees 210,888.47 Master Servicing Fees 0.00 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 0.00 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 3,075,730.18 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount 26,881.04 Prepayment Penalty Paid Count 4 Special Servicing Fee 0.00
Collateral Statement By Subgroup Group Pool 1(A) Pool 1(B) Collateral Description Mixed ARM Mixed Fixed Weighted Average Coupon Rate 7.856988 7.760200 Weighted Average Net Rate 7.356988 7.260200 Weighted Average Pass-Through Rate 7.356988 7.260200 Weighted Average Remaining Term 351 350 Principal And Interest Constant 1,005,505.26 1,098,985.46 Beginning Loan Count 603 697 Loans Paid in Full 7 3 Ending Loan Count 596 694 Beginning Scheduled Balance 146,200,053.12 157,742,578.24 Ending Scheduled Balance 144,611,006.31 157,012,245.10 Actual Ending Collateral Balance 144,663,894.23 157,096,952.30 Scheduled Principal 48,261.85 78,890.51 Unscheduled Principal 1,540,784.96 651,442.63 Negative Amortized Principal 0.00 0.00 Scheduled Interest 957,243.41 1,020,094.95 Servicing Fees 60,916.69 65,726.07 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 896,326.72 954,368.88 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalty Waived Amount 0.00 0.00 Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount 6,360.29 20,520.75 Prepayment Penalty Paid Count 1 3 Special Servicing Fee 0.00 0.00
Collateral Statement By Subgroup (continued) Group Pool 2(A) Pool 2(B) Collateral Description Mixed ARM Mixed Fixed Weighted Average Coupon Rate 7.645142 7.903773 Weighted Average Net Rate 7.145142 7.403773 Weighted Average Pass-Through Rate 7.145142 7.403773 Weighted Average Remaining Term 352 350 Principal And Interest Constant 692,100.03 679,878.09 Beginning Loan Count 228 331 Loans Paid in Full 2 1 Ending Loan Count 226 330 Beginning Scheduled Balance 104,106,643.69 98,083,061.68 Ending Scheduled Balance 103,030,917.54 97,937,058.91 Actual Ending Collateral Balance 103,061,209.92 97,974,085.12 Scheduled Principal 28,841.62 33,856.21 Unscheduled Principal 1,046,884.53 112,146.56 Negative Amortized Principal 0.00 0.00 Scheduled Interest 663,258.41 646,021.88 Servicing Fees 43,377.77 40,867.94 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 619,880.64 605,153.94 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalty Waived Amount 0.00 0.00 Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount 0.00 0.00 Prepayment Penalty Paid Count 0 0 Special Servicing Fee 0.00 0.00
Additional Reporting - Deal Level Cash Reporting Monthly Excess Cashflow 824,728.85 Net Swap Payment - Lehman Brothers -524,165.30 Prepayment Premiums 26,881.04 Informational Reporting LIBOR Index 3.135000% Pool 1 Net Funds Cap 6.273105% Pool 2 Net Funds Cap 6.235707% Senior Enhancement % 17.694901% Structural Reporting Overcollateralization Amount 5,414,021.44 Overcollateralization Deficiency 0.00 Overcollateralization Increase 0.00 Overcollateralization Release 0.00 Target Overcollateralization Amount 5,414,021.44 Trigger Event Reporting Initial Optional Termination Date Pass Stepdown Date Pass Trigger Event Pass Exchange Occuring This Cycle? NO Delinquency Event Trigger Result Pass Threshold Value 8.201587% Calculated Value 0.627996% Cumulative Loss Trigger Event Trigger Result Pass Threshold Value 3.250000% Calculated Value 0.000000%
Delinquency Status - OTS Delinquency Calculation Method DELINQUENT BANKRUPTCY FORECLOSURE REO Total No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 53 1 0 0 54 14,478,025.98 251,729.32 0.00 0.00 14,729,755.30 60 Days 16 1 0 0 17 4,429,162.75 137,939.93 0.00 0.00 4,567,102.68 90 Days 0 0 4 0 4 0.00 0.00 1,409,951.79 0.00 1,409,951.79 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 69 2 4 0 75 18,907,188.73 389,669.25 1,409,951.79 0.00 20,706,809.77 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.871073% 0.054171% 0.000000% 0.000000% 2.925244% 2.880676% 0.050086% 0.000000% 0.000000% 2.930763% 60 Days 0.866739% 0.054171% 0.000000% 0.000000% 0.920910% 0.881265% 0.027446% 0.000000% 0.000000% 0.908711% 90 Days 0.000000% 0.000000% 0.216685% 0.000000% 0.216685% 0.000000% 0.000000% 0.280536% 0.000000% 0.280536% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 3.737811% 0.108342% 0.216685% 0.000000% 4.062839% 3.761942% 0.077532% 0.280536% 0.000000% 4.120010% Please refer to CTSLink.com for a list of delinquency code descriptions.
Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 469,679.30
Delinquency Status By Group DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 40 1 0 0 41 9,472,929.90 251,729.32 0.00 0.00 9,724,659.22 60 Days 9 1 0 0 10 2,333,442.50 137,939.93 0.00 0.00 2,471,382.43 90 Days 0 0 3 0 3 0.00 0.00 960,968.62 0.00 960,968.62 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 49 2 3 0 54 11,806,372.40 389,669.25 960,968.62 0.00 13,157,010.27 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 3.100775% 0.077519% 0.000000% 0.000000% 3.178295% 3.140650% 0.083458% 0.000000% 0.000000% 3.224108% 60 Days 0.697674% 0.077519% 0.000000% 0.000000% 0.775194% 0.773628% 0.045733% 0.000000% 0.000000% 0.819361% 90 Days 0.000000% 0.000000% 0.232558% 0.000000% 0.232558% 0.000000% 0.000000% 0.318599% 0.000000% 0.318599% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 3.798450% 0.155039% 0.232558% 0.000000% 4.186047% 3.914278% 0.129191% 0.318599% 0.000000% 4.362068% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 13 0 0 0 13 5,005,096.08 0.00 0.00 0.00 5,005,096.08 60 Days 7 0 0 0 7 2,095,720.25 0.00 0.00 0.00 2,095,720.25 90 Days 0 0 1 0 1 0.00 0.00 448,983.17 0.00 448,983.17 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 20 0 1 0 21 7,100,816.33 0.00 448,983.17 0.00 7,549,799.50 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.338129% 0.000000% 0.000000% 0.000000% 2.338129% 2.490494% 0.000000% 0.000000% 0.000000% 2.490494% 60 Days 1.258993% 0.000000% 0.000000% 0.000000% 1.258993% 1.042813% 0.000000% 0.000000% 0.000000% 1.042813% 90 Days 0.000000% 0.000000% 0.179856% 0.000000% 0.179856% 0.000000% 0.000000% 0.223410% 0.000000% 0.223410% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 3.597122% 0.000000% 0.179856% 0.000000% 3.776978% 3.533307% 0.000000% 0.223410% 0.000000% 3.756718% Please refer to CTSLink.com for a list of delinquency code descriptions.
Delinquency Status By Subgroup DELINQUENT BANKRUPTCY FORECLOSURE REO Total Pool 1(A) - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 21 0 0 0 21 5,139,492.73 0.00 0.00 0.00 5,139,492.73 60 Days 3 1 0 0 4 832,983.06 137,939.93 0.00 0.00 970,922.99 90 Days 0 0 3 0 3 0.00 0.00 960,968.62 0.00 960,968.62 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 24 1 3 0 28 5,972,475.79 137,939.93 960,968.62 0.00 7,071,384.34 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 3.523490% 0.000000% 0.000000% 0.000000% 3.523490% 3.554012% 0.000000% 0.000000% 0.000000% 3.554012% 60 Days 0.503356% 0.167785% 0.000000% 0.000000% 0.671141% 0.576016% 0.095387% 0.000000% 0.000000% 0.671403% 90 Days 0.000000% 0.000000% 0.503356% 0.000000% 0.503356% 0.000000% 0.000000% 0.664520% 0.000000% 0.664520% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 4.026846% 0.167785% 0.503356% 0.000000% 4.697987% 4.130029% 0.095387% 0.664520% 0.000000% 4.889935% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Pool 1(B) - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 19 1 0 0 20 4,333,437.17 251,729.32 0.00 0.00 4,585,166.49 60 Days 6 0 0 0 6 1,500,459.44 0.00 0.00 0.00 1,500,459.44 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 25 1 0 0 26 5,833,896.61 251,729.32 0.00 0.00 6,085,625.93 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.737752% 0.144092% 0.000000% 0.000000% 2.881844% 2.759936% 0.160325% 0.000000% 0.000000% 2.920260% 60 Days 0.864553% 0.000000% 0.000000% 0.000000% 0.864553% 0.955632% 0.000000% 0.000000% 0.000000% 0.955632% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 3.602305% 0.144092% 0.000000% 0.000000% 3.746398% 3.715568% 0.160325% 0.000000% 0.000000% 3.875893% Please refer to CTSLink.com for a list of delinquency code descriptions. DELINQUENT BANKRUPTCY FORECLOSURE REO Total Pool 2(A) - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 7 0 0 0 7 3,817,598.21 0.00 0.00 0.00 3,817,598.21 60 Days 2 0 0 0 2 1,113,541.88 0.00 0.00 0.00 1,113,541.88 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 9 0 0 0 9 4,931,140.09 0.00 0.00 0.00 4,931,140.09 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 3.097345% 0.000000% 0.000000% 0.000000% 3.097345% 3.705294% 0.000000% 0.000000% 0.000000% 3.705294% 60 Days 0.884956% 0.000000% 0.000000% 0.000000% 0.884956% 1.080784% 0.000000% 0.000000% 0.000000% 1.080784% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 3.982301% 0.000000% 0.000000% 0.000000% 3.982301% 4.786078% 0.000000% 0.000000% 0.000000% 4.786078% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Pool 2(B) - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 6 0 0 0 6 1,187,497.87 0.00 0.00 0.00 1,187,497.87 60 Days 5 0 0 0 5 982,178.37 0.00 0.00 0.00 982,178.37 90 Days 0 0 1 0 1 0.00 0.00 448,983.17 0.00 448,983.17 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 11 0 1 0 12 2,169,676.24 0.00 448,983.17 0.00 2,618,659.41 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.818182% 0.000000% 0.000000% 0.000000% 1.818182% 1.212511% 0.000000% 0.000000% 0.000000% 1.212511% 60 Days 1.515152% 0.000000% 0.000000% 0.000000% 1.515152% 1.002867% 0.000000% 0.000000% 0.000000% 1.002867% 90 Days 0.000000% 0.000000% 0.303030% 0.000000% 0.303030% 0.000000% 0.000000% 0.458441% 0.000000% 0.458441% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 3.333333% 0.000000% 0.303030% 0.000000% 3.636364% 2.215378% 0.000000% 0.458441% 0.000000% 2.673819% Please refer to CTSLink.com for a list of delinquency code descriptions.
REO Detail - All Mortgage Loans in REO during Current Period Summary - No REO Information to report this period. Group 1 - No REO Information to report this period. Group 2 - No REO Information to report this period.
REO Loan Detail - All Mortgage Loans in REO during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number REO Date State Origination Balance No REO Loans this Period
REO Loan Detail - All Mortgage Loans in REO during Current Period (continued) Current Paid Current Approximate Loan Scheduled To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest No REO Loans this Period
Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period
Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 4 Apr-07 0.000% Original Principal Balance 1,413,050.00 May-07 0.000% Current Scheduled Balance 1,409,951.79 Jun-07 0.000% Jul-07 0.000% Current Foreclosure Total Aug-07 0.000% Loans in Foreclosure 4 Sep-07 0.000% Original Principal Balance 1,413,050.00 Oct-07 0.000% Current Scheduled Balance 1,409,951.79 Nov-07 0.000% Dec-07 0.000% Jan-08 0.000% Feb-08 0.000% Mar-08 0.281% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 1 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 3 Apr-07 0.000% Original Principal Balance 963,050.00 May-07 0.000% Current Scheduled Balance 960,968.62 Jun-07 0.000% Jul-07 0.000% Current Foreclosure Total Aug-07 0.000% Loans in Foreclosure 3 Sep-07 0.000% Original Principal Balance 963,050.00 Oct-07 0.000% Current Scheduled Balance 960,968.62 Nov-07 0.000% Dec-07 0.000% Jan-08 0.000% Feb-08 0.000% Mar-08 0.319% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 2 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 1 Apr-07 0.000% Original Principal Balance 450,000.00 May-07 0.000% Current Scheduled Balance 448,983.17 Jun-07 0.000% Jul-07 0.000% Current Foreclosure Total Aug-07 0.000% Loans in Foreclosure 1 Sep-07 0.000% Original Principal Balance 450,000.00 Oct-07 0.000% Current Scheduled Balance 448,983.17 Nov-07 0.000% Dec-07 0.000% Jan-08 0.000% Feb-08 0.000% Mar-08 0.223% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number FC Date State Origination Balance Group 1 0124757592 Mar-2008 01-Jul-2007 CA 80.00 544,000.00 Group 1 0124955121 Mar-2008 01-Oct-2007 FL 85.00 204,000.00 Group 1 0124955139 Mar-2008 01-Oct-2007 FL 85.00 215,050.00 Group 2 0124679036 Mar-2008 01-Jul-2007 NY 75.00 450,000.00
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Scheduled To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest Group 1 0124757592 542,779.63 01-Oct-2007 3 8.575% 14,618.22 Group 1 0124955121 203,581.01 01-Oct-2007 3 11.300% 7,334.66 Group 1 0124955139 214,607.98 01-Oct-2007 3 11.300% 7,731.95 Group 2 0124679036 448,983.17 01-Oct-2007 3 8.550% 12,054.70
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period
Summary 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 2 Apr-07 0.000% Original Principal Balance 391,500.00 May-07 0.000% Current Scheduled Balance 389,669.25 Jun-07 0.000% Jul-07 0.000% Current Bankruptcy Total Aug-07 0.000% Loans in Bankruptcy 2 Sep-07 0.000% Original Principal Balance 391,500.00 Oct-07 0.000% Current Scheduled Balance 389,669.25 Nov-07 0.000% Dec-07 0.000% Jan-08 0.000% Feb-08 0.000% Mar-08 0.078% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 1 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 2 Apr-07 0.000% Original Principal Balance 391,500.00 May-07 0.000% Current Scheduled Balance 389,669.25 Jun-07 0.000% Jul-07 0.000% Current Bankruptcy Total Aug-07 0.000% Loans in Bankruptcy 2 Sep-07 0.000% Original Principal Balance 391,500.00 Oct-07 0.000% Current Scheduled Balance 389,669.25 Nov-07 0.000% Dec-07 0.000% Jan-08 0.000% Feb-08 0.000% Mar-08 0.129% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group 2 - No Bankruptcy Information to report this period.
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period Group Loan Month Loan First State LTV at Original Number Entered Payment Origination Principal Bankruptcy Date Balance Group 1 0124662883 Mar-2008 01-Jul-2007 MD 68.70 253,500.00 Group 1 0124952441 Mar-2008 01-Oct-2007 CA 78.86 138,000.00
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period (continued) Group Loan Current Paid To Months Current Approximate Number Scheduled Date Delinquent Loan Rate Delinquent Balance Interest Group 1 0124662883 251,729.32 01-Dec-2007 1 7.400% 4,349.26 Group 1 0124952441 137,939.93 01-Nov-2007 2 9.475% 4,127.38
Realized Loss Detail Report - Loans with Losses during Current Period Summary # Loans Prior Realized Current with Actual Loss/(Gain) Loss Group Losses Balance Amount Percentage Group 1 0 0.00 0.00 0.000% Group 2 0 0.00 0.00 0.000% Total 0 0.00 0.00 0.000%
Realized Loss Loan Detail Report - Loans With Losses during Current Period Original Current Loan Principal Note LTV at Original Group Number Balance Rate State Origination Term No Losses this Period
Realized Loss Loan Detail Report - Loans With Losses during Current Period (continued) Prior Cumulative Loan Actual Realized Realized Group Number Balance Loss/(Gain) Loss/(Gain) No Losses this Period
Realized Loss Report - Collateral Summary - No Realized Loss Information to report this period. Group 1 - No Realized Loss Information to report this period. Group 2 - No Realized Loss Information to report this period. Calculation Methodology: Monthly Default Rate (MDR): Sum(Beg Scheduled Balance of Liquidated Loans) / Sum(Beg Scheduled Balance). Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR / (WAS * 0.02) else if WAS is greater than 30 and less than or equal to 60 then CDR / 0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR / (0.6 - ((WAS - 60) * 0.0095)) else if WAS is greater than 120 then CDR / 0.03 Cumulative Loss Severity: Sum(All Realized Losses) / Sum(Actual Liquidated Balance for loans that have experienced a loss). 3 Month Average and 12 Month Average will not have values until the 3rd and 12th month respectively.
Prepayment Detail - Prepayments during Current Period Summary Loans Paid In Full Repurchased Loans Original Current Original Current Principal Scheduled Principal Scheduled Group Count Balance Balance Count Balance Balance Group 1 10 2,190,200.00 2,183,479.85 0 0.00 0.00 Group 2 3 1,154,800.00 1,150,602.82 0 0.00 0.00 Total 13 3,345,000.00 3,334,082.67 0 0.00 0.00
Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans Liquidated Loans Curtailments Original Current Original Current Principal Scheduled Principal Scheduled Curtailment Group Count Balance Balance Count Balance Balance Amount Group 1 0 0.00 0.00 0 0.00 0.00 9,626.65 Group 2 0 0.00 0.00 0 0.00 0.00 8,787.85 Total 0 0.00 0.00 0 0.00 0.00 18,414.50
Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group 1 0124665456 FL 70.00 01-Jul-2007 165,900.00 165,485.28 Group 1 0124668898 CO 80.00 01-Jul-2007 197,600.00 196,311.83 Group 1 0124670027 CA 69.18 01-Jul-2007 339,000.00 338,660.56 Group 1 0124684002 PA 60.00 01-Jul-2007 132,000.00 131,100.33 Group 1 0124685538 IL 60.32 01-Jul-2007 190,000.00 190,000.00 Group 1 0124687989 WA 85.00 01-Jul-2007 110,500.00 109,866.82 Group 1 0124784042 NJ 85.00 01-Aug-2007 175,950.00 175,532.82 Group 1 0124883687 CA 59.29 01-Aug-2007 335,000.00 332,623.76 Group 1 0124901182 MD 85.00 01-Sep-2007 140,250.00 139,858.00 Group 1 0124904525 PA 80.00 01-Sep-2007 404,000.00 403,161.54 Group 2 0124679721 WA 80.00 01-Jul-2007 556,000.00 552,989.96 Group 2 0124688771 CA 79.67 01-Jun-2007 490,000.00 488,586.82 Group 2 0124905035 FL 85.00 01-Sep-2007 108,800.00 108,666.46
Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group 1 0124665456 Loan Paid in Full 0 9.600% 360 8 Group 1 0124668898 Loan Paid in Full (1) 7.750% 360 8 Group 1 0124670027 Loan Paid in Full 0 6.999% 360 8 Group 1 0124684002 Loan Paid in Full 0 7.525% 360 8 Group 1 0124685538 Loan Paid in Full 0 8.625% 360 8 Group 1 0124687989 Loan Paid in Full 0 8.550% 360 8 Group 1 0124784042 Loan Paid in Full 0 12.000% 360 7 Group 1 0124883687 Loan Paid in Full 0 6.700% 360 7 Group 1 0124901182 Loan Paid in Full 0 11.550% 360 6 Group 1 0124904525 Loan Paid in Full 0 7.950% 360 6 Group 2 0124679721 Loan Paid in Full 0 8.675% 360 8 Group 2 0124688771 Loan Paid in Full 0 9.375% 360 9 Group 2 0124905035 Loan Paid in Full 0 10.590% 360 6
Prepayment Penalty Detail - Prepayment Penalty Paid during Current Period Prepayment Prepayment Summary Loan Prior Penalty Penalty Count Balance Amount Waived Group 1 4 809,941.56 26,881.04 0.00 Group 2 0 0.00 0.00 0.00 Total 4 809,941.56 26,881.04 0.00
Prepayment Penalty Loan Detail - Prepayment Penalty Paid during Current Period Paid In Prepayment Prepayment Loan Full Prior Penalty Penalty Group Number Date Balance Amount Waived Group 1 0124665456 02/21/2008 165,517.95 6,360.29 0.00 Group 1 0124684002 02/27/2008 131,202.81 3,943.20 0.00 Group 1 0124687989 02/15/2008 109,937.09 3,758.82 0.00 Group 1 0124904525 02/29/2008 403,283.71 12,818.73 0.00
Prepayment Rates
Summary SMM CPR PSA Current Month 0.662% Current Month 7.665% Current Month 510.993% 3 Month Average 0.808% 3 Month Average 9.266% 3 Month Average 736.885% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs. 12mo Average* PSA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Apr-2007 N/A N/A Apr-2007 N/A N/A May-2007 N/A N/A May-2007 N/A N/A Jun-2007 N/A N/A Jun-2007 N/A N/A Jul-2007 N/A N/A Jul-2007 N/A N/A Aug-2007 N/A N/A Aug-2007 N/A N/A Sep-2007 N/A N/A Sep-2007 N/A N/A Oct-2007 N/A N/A Oct-2007 N/A N/A Nov-2007 N/A N/A Nov-2007 N/A N/A Dec-2007 N/A N/A Dec-2007 N/A N/A Jan-2008 10.821% N/A Jan-2008 983.408% N/A Feb-2008 9.313% N/A Feb-2008 716.253% N/A Mar-2008 7.665% N/A Mar-2008 510.993% N/A *The text reported in the above table is *The text reported in the above table is presented graphically on the monthly bond presented graphically on the monthly bond remittance report. The monthly bond remittance remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. report can be viewed online at www.ctslink.com. Group 1 SMM CPR PSA Current Month 0.722% Current Month 8.323% Current Month 552.787% 3 Month Average 0.671% 3 Month Average 7.762% 3 Month Average 599.841% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs. 12mo Average* PSA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Apr-2007 N/A N/A Apr-2007 N/A N/A May-2007 N/A N/A May-2007 N/A N/A Jun-2007 N/A N/A Jun-2007 N/A N/A Jul-2007 N/A N/A Jul-2007 N/A N/A Aug-2007 N/A N/A Aug-2007 N/A N/A Sep-2007 N/A N/A Sep-2007 N/A N/A Oct-2007 N/A N/A Oct-2007 N/A N/A Nov-2007 N/A N/A Nov-2007 N/A N/A Dec-2007 N/A N/A Dec-2007 N/A N/A Jan-2008 7.249% N/A Jan-2008 655.768% N/A Feb-2008 7.714% N/A Feb-2008 590.968% N/A Mar-2008 8.323% N/A Mar-2008 552.787% N/A *The text reported in the above table is *The text reported in the above table is presented graphically on the monthly bond presented graphically on the monthly bond remittance report. The monthly bond remittance remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. report can be viewed online at www.ctslink.com. Group 2 SMM CPR PSA Current Month 0.573% Current Month 6.668% Current Month 447.031% 3 Month Average 1.011% 3 Month Average 11.408% 3 Month Average 934.630% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs. 12mo Average* PSA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Apr-2007 N/A N/A Apr-2007 N/A N/A May-2007 N/A N/A May-2007 N/A N/A Jun-2007 N/A N/A Jun-2007 N/A N/A Jul-2007 N/A N/A Jul-2007 N/A N/A Aug-2007 N/A N/A Aug-2007 N/A N/A Sep-2007 N/A N/A Sep-2007 N/A N/A Oct-2007 N/A N/A Oct-2007 N/A N/A Nov-2007 N/A N/A Nov-2007 N/A N/A Dec-2007 N/A N/A Dec-2007 N/A N/A Jan-2008 15.895% N/A Jan-2008 1,454.751% N/A Feb-2008 11.660% N/A Feb-2008 902.107% N/A Mar-2008 6.668% N/A Mar-2008 447.031% N/A *The text reported in the above table is *The text reported in the above table is presented graphically on the monthly bond presented graphically on the monthly bond remittance report. The monthly bond remittance remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. report can be viewed online at www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))
Modifications Beginning Current Loan Scheduled Scheduled Prior Modified Prior Modified Number Balance Balance Rate Rate Payment Payment No Modifications this Period
Substitutions Loans Repurchased Loans Substituted Current Current Loan Scheduled Current Current Loan Scheduled Current Current Number Balance Rate Payment Number Balance Rate Payment No Substitutions this Period
Repurchases Due to Breaches Beginning Loan Scheduled Payoff Current Current Number Balance Balance Rate Payment No Repurchases Due to Breaches this Period
Repurchases Due to Other Beginning Loan Scheduled Payoff Current Current Number Balance Balance Rate Payment No Repurchases Due to Other this Period
Interest Rate Stratification Summary Group 1 Current Number of Outstanding Percentage of Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Loans Scheduled Balance(%) Range(%) Balance($) Balance($) < 5.000 0 0.00 0.000 0 0.00 0.000 5.000 5.499 0 0.00 0.000 0 0.00 0.000 5.500 5.999 5 2,087,515.99 0.415 2 666,945.80 0.221 6.000 6.499 41 12,312,285.16 2.450 27 6,672,983.15 2.212 6.500 6.999 312 98,864,766.84 19.671 209 53,953,088.83 17.888 7.000 7.499 354 100,958,909.60 20.088 256 61,138,067.04 20.270 7.500 7.999 429 113,534,689.10 22.590 314 71,904,689.47 23.839 8.000 8.499 263 70,055,723.34 13.939 199 45,732,786.60 15.162 8.500 8.999 226 57,070,581.09 11.355 162 36,038,742.77 11.948 9.000 9.499 95 20,663,126.64 4.111 61 11,913,656.08 3.950 9.500 9.999 58 12,671,643.33 2.521 26 5,119,452.57 1.697 10.000 10.499 31 7,267,983.27 1.446 13 3,995,705.88 1.325 10.500 10.999 12 2,719,612.06 0.541 5 1,190,216.83 0.395 11.000 11.499 14 3,534,232.92 0.703 10 2,446,757.87 0.811 11.500 11.999 2 294,349.15 0.059 2 294,349.15 0.098 12.000 12.499 1 177,999.30 0.035 1 177,999.30 0.059 12.500 12.999 3 377,810.07 0.075 3 377,810.07 0.125 >= 13.000 0 0.00 0.000 0 0.00 0.000 Total 1,846 502,591,227.86 100.000 1,290 301,623,251.41 100.000
Interest Rate Stratification Group 2 Current Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Range(%) Balance($) < 5.000 0 0.00 0.000 5.000 5.499 0 0.00 0.000 5.500 5.999 3 1,420,570.19 0.707 6.000 6.499 14 5,639,302.01 2.806 6.500 6.999 103 44,911,678.01 22.348 7.000 7.499 98 39,820,842.56 19.815 7.500 7.999 115 41,629,999.63 20.715 8.000 8.499 64 24,322,936.74 12.103 8.500 8.999 64 21,031,838.32 10.465 9.000 9.499 34 8,749,470.56 4.354 9.500 9.999 32 7,552,190.76 3.758 10.000 10.499 18 3,272,277.39 1.628 10.500 10.999 7 1,529,395.23 0.761 11.000 11.499 4 1,087,475.05 0.541 11.500 11.999 0 0.00 0.000 12.000 12.499 0 0.00 0.000 12.500 12.999 0 0.00 0.000 >= 13.000 0 0.00 0.000 Total 556 200,967,976.45 100.000
SUPPLEMENTAL REPORTING Closing Date January 8, 2008. Determination Date With respect to each Distribution Date, the 18th day of the month in which such Distribution Date occurs, or, if such 18th day is not a Business Day, the next succeeding Business Day. Distribution Date The 25th day of each month or, if such 25th day is not a Business Day, the next succeeding Business Day, commencing in January 2008. LIBOR (a) With respect to the first Accrual Period, the Initial LIBOR Rate. With respect to each subsequent Accrual Period, a per annum rate determined on the LIBOR Determination Date in the following manner by the Trustee on the basis of the 'Interest Settlement Rate' set by the British Bankers' Association (the 'BBA') for one-month United States dollar deposits, as such rates appear on (1) the Bloomberg L.P. page 'US0001M' (as found on page 'BBAM') or (2) if such offered rates do not appear on the Bloomberg L.P. page 'US0001M,' the Reuters Screen 'LIBOR01,' in either case as of 11:00 a.m. (London time) on such LIBOR Determination Date. (b) If any such rate is not published for such LIBOR Determination Date, LIBOR for such date will be the most recently published Interest Settlement Rate published on the Bloomberg L.P. page 'US0001M.' In the event that the BBA no longer sets an Interest Settlement Rate, the Trustee will designate an alternative index that has performed, or that the Trustee expects to perform, in a manner substantially similar to the BBA's Interest Settlement Rate. The Trustee will select a particular index as the alternative index only if it receives an Opinion of Counsel (a copy of which shall be furnished to any NIMS Insurer), which opinion shall be an expense reimbursed from the Certificate Account pursuant to Section 4.04, that the selection of such index will not cause any of the REMICs to lose their classification as REMICs for federal income tax purposes. (c) The establishment of LIBOR by the Trustee and the Trustee's subsequent calculation of the Certificate Interest Rate applicable to the LIBOR Certificates for the relevant Accrual Period, in the absence of manifest error, will be final and binding. LIBOR Business Day Any day on which banks in London, England and The City of New York are open and conducting transactions in foreign currency and exchange. LIBOR Determination Date The second LIBOR Business Day immediately preceding the commencement of each Accrual Period for any LIBOR Certificate. Master Servicer Remittance Date With respect to each Distribution Date, one Business Day immediately preceding such Distribution Date. Record Date With respect to any Class of LIBOR Certificates and any Distribution Date, the close of business on the Business Day immediately preceding such Distribution Date. With respect to any Class of Fixed Rate Certificates and any Definitive Certificates and any Distribution Date, the last Business Day of the month immediately preceding the month in which the Distribution Date occurs (or, in the case of the first Distribution Date, the Closing Date). Servicer Remittance Date The day in each calendar month on which the Servicer is required to remit payments to the Collection Account, as specified in the Servicing Agreement, which is the 18th day of each calendar month (or, if such 18th day is not a Business Day, the next succeeding Business Day). Exchange History Effective Distribution Date: 3/25/2008 Outgoing Certificate: Class Original Value Issued Value A3 75,129,000 69,933,639.42 Incoming Certificates: Class Original Value Issued Value A3A 75,129,000 69,933,639.42 A3B 75,129,000 69,933,639.42