EX-99.1 6 f20061collateralcompmats.htm COMPUTATIONAL MATERIALS DERIVED INFORMATION [12/1/2005]

DERIVED INFORMATION [12/1/2005]


[$775,200,000]

Senior, Mezzanine & Subordinate Bonds Offered

(Approximate)


[$781,600,100]

Total Certificates Offered & Non-Offered


Home Equity Pass-Through Certificates, Series 2006-1


Credit Suisse First Boston Mortgage Securities Corp.

Depositor


[TBD]

Trustee


The information contained in the attached materials is referred to as the “Information”.

The Information has been provided by Credit Suisse First Boston. Neither the Issuer of the certificates nor any of its affiliates makes any representation as to the accuracy or completeness of the Information herein. The Information contained herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission.

The Information contained herein will be superseded by the description of the mortgage pool contained in the prospectus supplement relating to the certificates.

The Information addresses only certain aspects of the applicable certificate’s characteristics and thus does not provide a complete assessment. As such, the Information may not reflect the impact of all structural characteristics of the certificate. The assumptions underlying the Information, including structure and collateral, may be modified from time to time to reflect changed circumstances.

Although a registration statement (including the prospectus) relating to the certificates discussed in this communication has been filed with the Securities and Exchange Commission and is effective, the final prospectus supplement relating to the certificates discussed in this communication has not been filed with the Securities and Exchange Commission. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any offer or sale of the certificates discussed in this communication in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Prospective purchasers are referred to the final prospectus and prospectus supplement relating to the certificates discussed in this communication for definitive Information on any matter discussed in this communication. Any investment decision should be based only on the data in the prospectus and the prospectus supplement (“Offering Documents”) and the then current version of the Information. Offering Documents contain data that is current as of their publication dates and after publication may no longer be complete or current. A final prospectus and prospectus supplement may be obtained by contacting the Credit Suisse First Boston Trading Desk at (212) 538-8373.



CUSIP or ISIN

 

BBERG ID

 

Deal Name

Home Equity Asset Trust 2006-1

Issuer Name

 

Parent Name

 

Original Class Balance

 

Current Class Balance

 

Portfolio Name

 

Sector

 

Settle Date

 

Collateral Balance

$775,241,618

Original # of Loans

4,687

Avg. Loan Balance

$164,403

Initial WAC

7.31%

Initial WAM

356

Rem. WAM

353

Moody's

 

S&P

 

Fitch

 

Moody's

 

S&P

 

Fitch

 

WA FICO

621

< 500

0.10%

< 550

9.30%

<575

19.40%

< 600

34.10%

> 650

27.00%

> 700

7.50%

WA DTI

41.60%

> 40%

63.60%

> 45%

42.10%

WA LTV

80.10%

> 80

37.50%

> 90

10.30%

% IO

29.90%

IO FICO

650

IO with FICO <575

0.30%

IO Term

63

IO Term %

IO Term %: 0(70.1%), 60(26.8%),120(1.9%), 24(0.9%), 36(0.3%)

IO LTV

80.70%

% 15 yr Fixed

0.60%

%30 yr FIXED

11.20%

% Balloons

5.40%

40 yr

5.00%

2/28 Hybrids

77.20%

3/27 Hybrids

4.50%

5/25 Hybrids

1.30%

<= 1/29 Hybrids

0.30%

% 2nd Lien

3.50%

% Silent 2nds

21.40%

MTA?

 

MTA Limit

 

Negam?

 

MI Company

 

MI coverage %

 

Single Family

84.00%

2-4 Family

5.50%

Condo

4.80%

Co-op

0.00%

PUD

5.60%

MH

0.10%

Owner

95.00%

Second Home

0.30%

Investor

4.70%

 Refi

4.20%

 Cash Out

62.90%

 Purchase

32.80%

Full Doc

73.40%

Reduced Doc

9.70%

No Doc

0.10%

State 1

CA

% State 1

23.90%

State 2

FL

% State 2

10.80%

State 3

MD

% State 3

5.4

State 4

IL

% State 4

4.60%

Sub %

NJ

Initial OC %

2.30%

Target OC % before stepdown

2.30%

Target OC % after stepdown

4.60%

Other CE%

 

Total CE %

 

Initial Excess Interest

3.40%

Orignators 1

Verbal

% Orignators 1

Verbal

Orignators 2

Verbal

% Orignators 2

Verbal

Orignators 3

Verbal

% Orignators 3

Verbal

Issuer Contact

 

Issuer Number

 

Servicers 1

Wells Fargo

% Servicers 1

70%

Servicers 2

SPS

% Servicers 2

30%

Servicers 3

 

% Servicers 3

 

Servicer Contact

 

Servicer Number

 

Master Servicer

 

Trustee

 

Trustee Contact

 

Trustee Number

 

Credit Risk Manager

 

Underwriter

 

Derivatives

 

Credit Comments

 
  

Negam

 

Maxim Owned

 

Intex Stress

 

Term Sheet

 

Hard Prossup

 

Elect. Prossup

 




CUSIP or ISIN

 

BBERG ID

FBRSI 2005-4 M9

Deal Name

FBRSI 2005-4

Issuer Name

FBR SECURITIZATION 2005-4

Parent Name

 

Original Class Balance

$8,956,000

Current Class Balance

 

Portfolio Name

 

Sector

 

Settle Date

 

Collateral Balance

$995,151,745

Original # of Loans

5,170

Avg. Loan Balance

$192,486

Initial WAC

7.17%

Initial WAM

 

Rem. WAM

 

Moody's

Baa3

S&P

A-

Fitch

 

Moody's

 

S&P

 

Fitch

 

WA FICO

642

< 500

0.00%

< 550

8.10%

<575

13.33%

< 600

21.85%

> 650

44.43%

> 700

16.73%

WA DTI

 

> 40%

 

> 45%

 

WA LTV

81.74%

> 80

31.47%

> 90

11.06%

% IO

49.03%

IO FICO

656

IO with FICO <575

 

IO Term

24

IO Term %

46.68%

IO LTV

80.84%

% 15 yr Fixed

0.37%

%30 yr FIXED

5.59%

% Balloons

6.70%

40 yr

 

2/28 Hybrids

84.84%

3/27 Hybrids

2.49%

5/25 Hybrids

0.00%

<= 1/29 Hybrids

0.00%

% 2nd Lien

6.78%

% Silent 2nds

 

MTA?

 

MTA Limit

 

Negam?

 

MI Company

 

MI coverage %

 

Single Family

75.80%

2-4 Family

1.20%

Condo

9.16%

Co-op

0.00%

PUD

11.10%

MH

0.00%

Owner

95.31%

Second Home

0.92%

Investor

3.77%

 Refi

1.61%

 Cash Out

39.94%

 Purchase

58.45%

Full Doc

39.93%

Reduced Doc

60.07%

No Doc

0.00%

State 1

CA

% State 1

60.76%

State 2

IL

% State 2

9.89%

State 3

TX

% State 3

7.86

State 4

FL

% State 4

5.93%

Sub %

3.45%

Initial OC %

0.70%

Target OC % before stepdown

0.70%

Target OC % after stepdown

1.40%

Other CE%

 

Total CE %

 

Initial Excess Interest

 

Orignators 1

RESMAE MORTGAGE

% Orignators 1

 

Orignators 2

 

% Orignators 2

 

Orignators 3

 

% Orignators 3

 

Issuer Contact

 

Issuer Number

 

Servicers 1

JPMORGAN

% Servicers 1

 

Servicers 2

 

% Servicers 2

 

Servicers 3

 

% Servicers 3

 

Servicer Contact

 

Servicer Number

 

Master Servicer

WELLS

Trustee

HSBC/WELINGTON

Trustee Contact

 

Trustee Number

 

Credit Risk Manager

CLAYTON

Underwriter

JPMROGAN

Derivatives

 

Credit Comments

 
  

Negam

 

Maxim Owned

 

Intex Stress

 

Term Sheet

 

Hard Prossup

 

Elect. Prossup