EX-99.5 6 exh995to8ktermsheet1_ar10.htm

EXHIBIT 99.5


 

THE INFORMATION CONTAINED HEREIN HAS NOT BEEN INDEPENDENTLY VERIFIED BY WAMU CAPITAL CORP.  THE INFORMATION CONTAINED HEREIN IS PRELIMINARY AND SUBJECT TO CHANGE, AND SUPERSEDES INFORMATION CONTAINED IN ANY PRIOR COLLATERAL TERM SHEET FOR THIS TRANSACTION.

PROSPECTIVE INVESTORS IN THE SECURITIES SHOULD READ THE RELEVANT DOCUMENTS FILED, OR TO BE FILED, WITH THE SECURITIES AND EXCHANGE COMMISSION BECAUSE THEY CONTAIN IMPORTANT INFORMATION.  SUCH DOCUMENTS MAY BE OBTAINED WITHOUT CHARGE AT THE SECURITIES AND EXCHANGE COMMISSION'S WEBSITE.

ALTHOUGH A REGISTRATION STATEMENT (INCLUDING THE BASE PROSPECTUS) RELATING TO THE SECURITIES HAS BEEN FILED WITH THE SECURITIES AND EXCHANGE COMMISSION AND IS EFFECTIVE, THE FINAL PROSPECTUS SUPPLEMENT RELATING TO THE SECURITIES DISCUSSED IN THIS COMMUNICATION HAS NOT YET BEEN FILED WITH THE SECURITIES AND EXCHANGE COMMISSION.  ONCE AVAILABLE, A FINAL PROSPECTUS AND PROSPECTUS SUPPLEMENT MAY BE OBTAINED WITHOUT CHARGE BY CONTACTING THE WAMU CAPITAL CORP. TRADING DESK AT 206-554-2450, OR BY CONTACTING WASHINGTON MUTUAL MORTGAGE SECURITIES CORP. AT 847-548-6500.

 

WaMu Mortgage Pass-Through Certificates
Series 2005-AR10 Group 3
Mortgage Loans
Preliminary Collateral Information As of 07/01/05

TOTAL CURRENT BALANCE

$51,448,967

 

 

 

 

 

TOTAL ORIGINAL BALANCE

$51,975,368

 

 

 

 

 

 

 

 

 

 

 

 

NUMBER OF LOANS

82

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Minimum

 

Maximum

 

AVG CURRENT BALANCE

$627,426

 

$360,000

 

$1,397,000

 

AVG ORIGNAL BALANCE

$633,846

 

$360,000

 

$1,400,000

 

 

 

 

 

 

 

 

WAVG GROSS COUPON

5.75

%

5.00

%

6.50

%

WAVG GROSS MARGIN

2.25

%

2.25

%

2.25

%

WAVG MAX INT RATE

10.75

%

10.00

%

11.50

%

 

 

 

 

 

 

 

WAVG CURRENT LTV

61.58

%

8.86

%

80.00

%

 

 

 

 

 

 

 

WAVG FICO SCORE

750

 

649

 

817

 

 

 

 

 

 

 

 

WAVG MONTHS TO ROLL

118

months

116

months

120

months

 

 

 

 

 

 

 

WAVG ORIGINAL TERM

360

months

360

months

360

months

WAVG REMAINING TERM

358

months

356

months

360

months

WAVG SEASONING

2

months

0

months

4

months

 

 

 

 

 

 

 

TOP STATE CONC

CA(50.75%),WA(10.53%),NY(8.98%)

MAXIMUM CA ZIPCODE

9.02%

 

 

 

 

 

 

 

FIRST PAY DATE

 

 

April 1,2005

 

August 1,2005

 

 

 

 

 

 

 

 

RATE CHANGE DATE

 

 

March 1,2015

 

July 1,2015

 

 

 

 

 

 

 

 

MATURE DATE

 

 

March 1,2035

 

July 1,2035

 

 


PRODUCT

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

10/1 I/O LIBOR

 

70

 

$43,297,914

 

84.16%

10/1 LIBOR

 

12

 

8,151,054

 

15.84

Total

 

82

 

$51,448,967

 

100.00%

 

CURRENT BALANCE ($)

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

300,001—   400,000

 

8

 

$3,039,618

 

5.91%

400,001—   500,000

 

24

 

10,619,502

 

20.64

500,001—   600,000

 

23

 

12,883,638

 

25.04

600,001—   700,000

 

5

 

3,187,500

 

6.20

700,001—   800,000

 

3

 

2,252,500

 

4.38

800,001—   900,000

 

4

 

3,398,674

 

6.61

900,001— 1,000,000

 

9

 

8,816,035

 

17.14

1,000,001— 1,100,000

 

2

 

2,200,000

 

4.28

1,100,001— 1,200,000

 

2

 

2,400,000

 

4.66

1,200,001— 1,300,000

 

1

 

1,254,500

 

2.44

1,300,001— 1,400,000

 

1

 

1,397,000

 

2.72

Total

 

82

 

$51,448,967

 

100.00%

 

GROSS COUPON (%)

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

4.751—  5.000

 

2

 

$1,032,118

 

2.01%

5.001—  5.250

 

2

 

894,668

 

1.74

5.251—  5.500

 

19

 

13,387,264

 

26.02

5.501—  5.750

 

23

 

16,124,183

 

31.34

5.751—  6.000

 

18

 

9,615,751

 

18.69

6.001 >=

 

18

 

10,394,983

 

20.20

Total

 

82

 

$51,448,967

 

100.00%

 

GROSS MARGIN (%)

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

2.001—  2.250

 

82

 

$51,448,967

 

100.00%

Total

 

82

 

$51,448,967

 

100.00%

 

MAX INT RATE (%)

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

9.751— 10.000

 

2

 

$1,032,118

 

2.01%

10.001— 10.250

 

2

 

894,668

 

1.74

10.251— 10.500

 

19

 

13,387,264

 

26.02

10.501— 10.750

 

23

 

16,124,183

 

31.34

10.751— 11.000

 

18

 

9,615,751

 

18.69

11.001 >=

 

18

 

10,394,983

 

20.20

Total

 

82

 

$51,448,967

 

100.00%

 

FIRST RATE CAP (%)

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

5

 

82

 

$51,448,967

 

100.00%

Total

 

82

 

$51,448,967

 

100.00%

 

PERIODIC RATE CAP (%)

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

2

 

82

 

$51,448,967

 

100.00%

Total

 

82

 

$51,448,967

 

100.00%

 

ORIGINAL TERM (Months)

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

360

 

82

 

$51,448,967

 

100.00%

Total

 

82

 

$51,448,967

 

100.00%

 

REMAINING TERM (Months)

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

351—  360

 

82

 

$51,448,967

 

100.00%

Total

 

82

 

$51,448,967

 

100.00%

 

SEASONING (Months)

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

<=     0

 

11

 

$7,200,000

 

13.99%

1—    6

 

71

 

44,248,967

 

86.01

Total

 

82

 

$51,448,967

 

100.00%

 

NEXT RATE RESET (Months)

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

116

 

7

 

$4,635,323

 

9.01%

117

 

16

 

10,492,605

 

20.39

118

 

35

 

21,070,765

 

40.95

119

 

13

 

8,050,274

 

15.65

120

 

11

 

7,200,000

 

13.99

Total

 

82

 

$51,448,967

 

100.00%

 

CURRENT LTV (%)

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

<=    20

 

1

 

$864,083

 

1.68%

26—   30

 

5

 

2,960,000

 

5.75

36—   40

 

2

 

997,000

 

1.94

41—   45

 

2

 

1,438,571

 

2.80

46—   50

 

6

 

4,781,532

 

9.29

51—   55

 

7

 

4,522,587

 

8.79

56—   60

 

7

 

4,172,118

 

8.11

61—   65

 

9

 

7,082,651

 

13.77

66—   70

 

13

 

7,958,033

 

15.47

71—   75

 

12

 

6,946,387

 

13.50

76—   80

 

18

 

9,726,006

 

18.90

Total

 

82

 

$51,448,967

 

100.00%

 

FICO SCORE

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

640—  659

 

1

 

$514,000

 

1.00%

660—  679

 

1

 

861,556

 

1.67

680—  699

 

8

 

5,423,666

 

10.54

700—  719

 

10

 

6,363,838

 

12.37

720—  739

 

7

 

5,883,500

 

11.44

740—  759

 

8

 

4,445,676

 

8.64

760—  779

 

26

 

15,395,021

 

29.92

780—  799

 

17

 

10,290,712

 

20.00

800 >=

 

4

 

2,271,000

 

4.41

Total

 

82

 

$51,448,967

 

100.00%

 

DOCUMENTATION

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

Full Doc

 

72

 

$45,538,467

 

88.51%

Reduced Doc

 

10

 

5,910,500

 

11.49

Total

 

82

 

$51,448,967

 

100.00%

 

IO FLAG

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

YES

 

70

 

$43,297,914

 

84.16%

NO

 

12

 

8,151,054

 

15.84

Total

 

82

 

$51,448,967

 

100.00%

 

OCCUPANCY

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

Owner Occupied

 

79

 

$50,114,899

 

97.41%

Second Home

 

3

 

1,334,068

 

2.59

Total

 

82

 

$51,448,967

 

100.00%

 

PROPERTY TYPE

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

Condo

 

9

 

$5,468,867

 

10.63%

Co-op

 

2

 

1,690,000

 

3.28

Single Family

 

71

 

44,290,100

 

86.09

Total

 

82

 

$51,448,967

 

100.00%

 

PURPOSE

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

Purchase

 

35

 

$23,654,229

 

45.98%

Refi - Cash Out

 

22

 

12,433,577

 

24.17

Refi - No Cash Out

 

25

 

15,361,161

 

29.86

Total

 

82

 

$51,448,967

 

100.00%

 

INDEX

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

1 Yr LIBOR

 

82

 

$51,448,967

 

100.00%

Total

 

82

 

$51,448,967

 

100.00%

 

PREPAY TERM (Months)

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

0

 

82

 

$51,448,967

 

100.00%

Total

 

82

 

$51,448,967

 

100.00%

 

STATE

 

Number of Mortgage Loans

 

Principle Balance Outstanding as of the Cut-off Date

 

% of Aggregate Principle Balance Outstanding as of the Cut-off Date

AL

 

1

 

$1,200,000

 

2.33%

CA

 

41

 

26,108,679

 

50.75

CO

 

1

 

432,000

 

0.84

CT

 

6

 

3,587,389

 

6.97

DC

 

1

 

861,556

 

1.67

FL

 

3

 

1,511,000

 

2.94

GA

 

1

 

1,000,000

 

1.94

IN

 

2

 

820,000

 

1.59

MD

 

1

 

413,000

 

0.80

NV

 

1

 

409,969

 

0.80

NY

 

6

 

4,620,960

 

8.98

OR

 

4

 

1,924,936

 

3.74

PA

 

1

 

1,000,000

 

1.94

SC

 

1

 

439,200

 

0.85

VA

 

2

 

1,704,500

 

3.31

WA

 

10

 

5,415,778

 

10.53

Total

 

82

 

$51,448,967

 

100.00%

 

WaMu Capital Corp.
A Washington Mutual, Inc. Company