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The issuer has filed a registration statement (including a prospectus) with the
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relates. Before you invest, you should read the prospectus in that registration
statement and other documents the issuer has filed with the SEC for more
complete information about the issuer and this offering. You may get these
documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.
Alternatively, the issuer, any underwriter or any dealer participating in the
offering will arrange to send you the prospectus if you request it by calling
toll-free 1-800-248-3580.

Information in this material regarding any assets backing any securities
discussed herein supersedes all prior information regarding such assets. Neither
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This material is for your information and none of Merrill Lynch, Pierce, Fenner
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have long or short positions in, and buy and sell, the securities mentioned
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MLCFC 2006-1 COLLATERAL TERM SHEET 01/30/06



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

             4397           Loan           1              CRF           Lakewood Apartments
             3054           Loan           1              CRF           Lullwater at Bass Apartments
      20058514003           Loan           1              MLML          Lakeshore Apartments
             4456           Loan           1              CRF           Southdown Pavilion
      20059243022           Loan           1              MLML          McKamy Lakes Apartments
             4137           Loan           1              CRF           Sunset View Apartments
             2869           Loan           1              CRF           Da Vinci Court Apartments
      20052909009           Loan           1              MLML          Tidewater Estates
      20059225008           Loan           1              MLML          Quail Creek Apartments
      20059225007           Loan           1              MLML          Sherwood Village Apartments
      20059225011           Loan           1              MLML          Battlefield Park
             3071           Loan           1              CRF           755 East Virginia Way
             4173           Loan           1              CRF           Cambray Park
             3070           Loan           1              CRF           501 East Virginia Way
             3673           Loan           1              CRF           Country Lakes Apartments
             4326           Loan           2              CRF           Palmdale Meadows and 12th Street Courtyard East Apartments
             4326           Property       1              CRF           Palmdale Meadows Apartments
             4326           Property       1              CRF           12th Street Courtyard East
      20059232032           Loan           1              MLML          Endicott Apartments
             4091           Loan           1              CRF           Hunters Point Apartments
             3901           Loan           1              CRF           Hickory Hill Estates
             3729           Loan           1              CRF           16812 Sherman Way
      20059201002           Loan           1              MLML          Crestview Apartments
             3906           Loan           1              CRF           Ashby Apartments
             3550           Loan           1              CRF           Woodley Towers
    20059232035-4           Loan           1              MLML          The Bluffs Of Burnsville (95)
    20059232035-8           Loan           1              MLML          Settlement Apartments (95)
             3708           Loan           1              CRF           4120-4160 Kingsley Apartments
             3709           Loan           1              CRF           861 South Catalina Street
    20059232035-6           Loan           1              MLML          Harbor Side Apartments (95)
             3948           Loan           1              CRF           San Rafael RV Park
      20059201001           Loan           1              MLML          Regency Apartments
             2782           Loan           1              CRF           Lakeside Apartments
             3253           Loan           1              CRF           Meadow View Mobile Home Park








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

          4397  515 John Muir Drive               San Francisco      CA        NCA       94132   San Francisco  Multifamily
          3054  1644 Bass Road                    Macon              GA                  31210   Bibb           Multifamily
   20058514003  730 Citadel Circle                Evansville         IN                  47715   Vanderburgh    Multifamily
          4456  3166 Highway 315                  Houma              LA                  70360   Terrebonne     Multifamily
   20059243022  290 West Lake Park Road           Lewisville         TX                  75057   Denton         Multifamily
          4137  2101 SW Sunset Boulevard          Renton             WA                  98055   King           Multifamily
          2869  1666 Da Vinci Court               Davis              CA        NCA       95616   Yolo           Multifamily
   20052909009  1701 Northwest 5th Street         Deerfield Beach    FL                  33442   Broward        Manufactured Housing
   20059225008  1450 West Lark Lane               Springfield        MO                  65810   Greene         Multifamily
   20059225007  1634 South Marion Avenue          Springfield        MO                  65807   Greene         Multifamily
   20059225011  3020 South Sagamont               Springfield        MO                  65807   Greene         Multifamily
          3071  755 East Virginia Way             Barstow            CA        SCA       92311   San Bernardino Multifamily
          4173  13700 E. 5th Circle               Aurora             CO                  80011   Arapahoe       Multifamily
          3070  501 East Virginia Way             Barstow            CA        SCA       92311   San Bernardino Multifamily
          3673  2714 Ridgewood Avenue             Sanford            FL                  32773   Seminole       Multifamily
          4326  Various                           Palmdale           CA        SCA      Various  Los Angeles    Multifamily
          4326  1617 Avenue R                     Palmdale           CA        SCA       93550   Los Angeles    Multifamily
          4326  38707 and 38675 East 12th Street  Palmdale           CA        SCA       93550   Los Angeles    Multifamily
   20059232032  101 West 81st Street              New York           NY                  10024   New York       Multifamily
          4091  1422 Hunter's Point Drive         Zionsville         IN                  46077   Boone          Multifamily
          3901  427 Mill Road                     East Aurora        NY                  14052   Erie           Multifamily
          3729  16812 Sherman Way                 Van Nuys           CA        SCA       91406   Los Angeles    Multifamily
   20059201002  2700 Temple Crest Drive           Birmingham         AL                  35209   Jefferson      Multifamily
          3906  800-808 South Hobart Boulevard    Los Angeles        CA        SCA       90005   Los Angeles    Multifamily
          3550  8614 Woodley Avenue               North Hills        CA        SCA       91343   Los Angeles    Multifamily
 20059232035-4  2800 Selkirk Drive                Burnsville         MN                  55337   Dakota         Multifamily
 20059232035-8  1007 130th Avenue Southeast       Everett            WA                  98204   Snohomish      Multifamily
          3708  4120-4160 Kinsley Street          Montclair          CA        SCA       91763   San Bernardino Multifamily
          3709  861 South Catalina Street         Los Angeles        CA        SCA       90005   Los Angeles    Multifamily
 20059232035-6  1570 North Prospect Avenue        Milwaukee          WI                  53202   Milwaukee      Multifamily
          3948  742 W Francisco Blvd              San Rafael         CA        NCA       94901   Marin          Manufactured Housing
   20059201001  1401 Montclair Road               Birmingham         AL                  35210   Jefferson      Multifamily
          2782  112 South Little Flower           El Paso            TX                  79915   El Paso        Multifamily
          3253  2384 State Route 350              Macedon            NY                  14502   Wayne          Manufactured Housing






                                                          TOTAL UNIT OF                      YEAR        OCCUPANCY       OCCUPANCY
       LOAN #   PROPERTY SUBTYPE        CTL (Y/N)       SF/UNITS MEASURE     YEAR BUILT    RENOVATED        (%)             DATE
------------------------------------------------------------------------------------------------------------------------------------

           4397 Mid rise                   No               721 Units           1973                        96.1           1/4/2006
           3054 Garden                     No               316 Units           2004                        82.3          9/12/2005
    20058514003 Garden                     No               224 Units           2004         2005           88.4           1/9/2006
           4456 Garden                     No               200 Units           2005                       100.0         12/31/2005
    20059243022 Garden                     No                214Units           2000                        96.7         10/19/2005
           4137 Garden                     No               240 Units           1969         2002           92.1         10/27/2005
           2869 Garden                     No                51 Units           2005                        98.0         12/14/2005
    20052909009 Manufactured Housing       No               125 Pads            1962                       100.0          10/1/2005
    20059225008 Garden                     No               164 Units           2003         2005          100.0         10/11/2005
    20059225007 Student Housing            No               168 Units           2003                       100.0         10/12/2005
    20059225011 Student Housing            No               130 Units           2004                        99.2         11/30/2005
           3071 Garden                     No               156 Units           1987                        93.6           5/4/2005
           4173 Garden                     No               256 Units           1984                        96.9         11/25/2005
           3070 Garden                     No               144 Units           1986                        97.9           5/4/2005
           3673 Garden                     No               132 Units           1974         2005           93.2          12/5/2005
           4326 Garden                     No                94 Units         Various       Various         96.8          12/1/2005
           4326 Garden                                       56 Units           1984         1995           98.2          12/1/2005
           4326 Garden                                       38 Units           1984                        92.1          12/1/2005
    20059232032 Mid/High Rise              No               144 Units           1890         1981          100.0          12/5/2005
           4091 Garden                     No               112 Units           1990         2001           93.8         10/31/2005
           3901 Garden                     No               120 Units           1996         2003           95.8          10/4/2005
           3729 Garden                     No                50 Units           1986         2005          100.0          11/1/2005
    20059201002 Garden                     No                150Units           1978                        94.7          9/23/2005
           3906 Mid rise                   No                49 Units           1930         2005           87.8          8/15/2005
           3550 Garden                     No                65 Units           1965                        95.4         11/10/2005
  20059232035-4 Garden                     No               132 Units           1972                        88.0          4/12/2005
  20059232035-8 Garden                     No               228 Units           1980                        88.0          11/1/2004
           3708 Garden                     No                43 Units           1961         2005           97.7          7/31/2005
           3709 Garden                     No                36 Units           1988                        94.4          8/31/2005
  20059232035-6 Highrise                   No               125 Units           1963                        96.8          12/9/2005
           3948 RV Park                    No                45 Pads            1998                        97.8           9/1/2005
    20059201001 Garden                     No                60 Units           1970         2004           96.7          9/23/2005
           2782 Garden                     No                64 Units           1969         2004           89.1          5/25/2005
           3253 Manufactured Housing       No                50 Pads            1970         2003           90.0         10/29/2005






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

          4397    Phase I       12/30/2005          No              No             No     12/31/2005   12/29/2005     4    1/27/1900
          3054    Phase I       8/13/2005           No              No             No      8/13/2005
   20058514003    Phase I       12/21/2005          No              No             No     12/27/2005
          4456    Phase I       12/12/2005          No              No             No      12/9/2005
   20059243022    Phase I       10/13/2005          No              No             No     10/17/2005
          4137    Phase I       12/2/2005           No              No             No     12/13/2005
          2869    Phase I       12/6/2005           No              No             No      12/6/2005   12/6/2005      3    1/11/1900
   20052909009    Phase I       8/26/2005           No              No             No      8/29/2005
   20059225008    Phase I       9/30/2005           No              No             No      9/28/2005
   20059225007    Phase I       9/14/2005           No              No             No      9/15/2005
   20059225011    Phase I       10/25/2005          No              No             No      9/28/2005
          3071    Phase I       9/10/2005           No              No             No     10/10/2005   10/10/2005     3    1/12/1900
          4173    Phase I       11/27/2005          No              No             No     11/14/2005
          3070    Phase I       9/10/2005           No              No             No     10/10/2005   10/10/2005     3    1/12/1900
          3673    Phase I       10/5/2005           No              No             No      10/5/2005
          4326    Phase I       12/6/2005           No              No             No       Various
          4326    Phase I       12/6/2005           No              No             No      12/6/2005   12/6/2005      4    1/15/1900
          4326    Phase I       12/6/2005           No              No             No      12/7/2005   12/6/2005      4    1/14/1900
   20059232032    Phase I       10/17/2005          No              No             No     10/18/2005
          4091    Phase I       11/15/2005          No              No             No     11/16/2005
          3901    Phase I       10/24/2005          No              No             No     10/24/2005
          3729    Phase I       10/15/2005          No              No             No     11/15/2005   9/19/2005      4    1/17/1900
   20059201002    Phase I       9/13/2005           No              No             No      9/23/2005
          3906    Phase I       10/13/2005          No              No             No     10/14/2005   10/14/2005     4    1/18/1900
          3550    Phase I       12/2/2005           No              No             No      12/2/2005   10/26/2005     4    1/15/1900
 20059232035-4    Phase I       12/29/2005          No              No             No      10/7/2004
 20059232035-8    Phase I       12/28/2005          No              No             No      11/4/2004   12/29/2005     3      11.00
          3708    Phase I       10/4/2005           No              No             No      10/5/2005   10/5/2005      4    1/19/1900
          3709    Phase I       9/30/2005           No              No             No      9/30/2005   9/30/2005      4    1/14/1900
 20059232035-6    Phase I        1/3/2006           No              No             No     10/14/2005
          3948    Phase I       12/14/2005          No              No             No     12/14/2005   12/14/2005     4    1/15/1900
   20059201001    Phase I        9/9/2005           No              No             No      9/24/2005
          2782    Phase I       5/25/2005           No              No             No      5/24/2005
          3253    Phase I       12/6/2005           No              No             No     12/16/2005






                EARTHQUAKE
                 INSURANCE  APPRAISED       APPRAISED        APPRAISAL     CUTOFF      MATURITY        ORIGINAL            ORIGINAL
     LOAN #      REQUIRED     VALUE        CAPRATE (%)            DATE     LTV (%)     LTV (%)          BALANCE           LOAN/UNIT
------------------------------------------------------------------------------------------------------------------------------------

          4397      Yes       92,000,000      5.50           9/23/2005      67.7         60.5            62,300,000.00     86,407.77
          3054      No        27,300,000      7.00            3/4/2006      79.7         69.3            21,750,000.00     68,829.11
   20058514003      No      19,540,000        6.75          12/23/2005      79.8         72.9            15,600,000.00     69,642.86
          4456      No        19,000,000      7.00           12/6/2005      78.4         68.7            14,900,000.00     74,500.00
   20059243022      No        14,900,000      6.00          10/11/2005      75.7         62.6            11,300,000.00     52,803.74
          4137      No        14,750,000      6.50           11/9/2005      72.0         60.7            10,650,000.00     44,375.00
          2869      No        13,650,000      5.75          12/13/2005      72.5         63.2             9,900,000.00    194,117.65
   20052909009      No      12,100,000        6.75           8/24/2005      74.0         62.0             9,000,000.00     72,000.00
   20059225008      No      10,600,000        7.25           9/23/2005      77.2         64.7             8,200,000.00     50,000.00
   20059225007      No      10,650,000        7.00            9/3/2005      73.9         61.6             7,900,000.00     47,023.81
   20059225011      No        8,900,000       7.25          10/20/2005      77.4         65.1             6,900,000.00     53,076.92
          3071      No        12,000,000      6.00          10/12/2005      54.8         45.6             6,600,000.00     42,307.69
          4173      No        13,600,000      6.00           11/4/2005      46.3         43.0             6,300,000.00     24,609.38
          3070      No        10,400,000      6.00          10/12/2005      57.5         47.9             6,000,000.00     41,666.67
          3673      No         8,500,000      6.75           9/22/2005      68.5         57.9             5,835,000.00     44,204.55
          4326      No         7,650,000      6.25          12/13/2005      67.8         55.6             5,200,000.00     55,319.15
          4326      No         4,010,000      6.25          12/13/2005                                    2,982,000.00
          4326      No         3,640,000      6.25          12/13/2005                                    2,518,000.00
   20059232032      No      75,000,000        5.00           10/7/2005      6.8          6.8              5,100,000.00     35,416.67
          4091      No         6,700,000      6.50           11/9/2005      74.6         67.0             5,000,000.00     44,642.86
          3901      No         7,600,000      7.00           10/4/2005      62.6         40.1             4,800,000.00     40,000.00
          3729      No         6,500,000      5.50          10/31/2005      66.2         59.1             4,300,000.00     86,000.00
   20059201002      No         5,030,000      7.65           9/20/2005      75.1         65.7             3,780,000.00     25,200.00
          3906      No         5,450,000      5.00          10/10/2005      65.1         57.4             3,550,000.00     72,448.98
          3550      No         6,200,000      5.25           10/8/2005      54.0         54.0             3,350,000.00     51,538.46
 20059232035-4      No        7,000,000       7.50            1/3/2006      29.3         16.2             2,475,059.88     18,750.45
 20059232035-8      No      14,200,000        6.00            1/2/2006      14.3         1.1              4,400,000.00     19,298.25
          3708      No         4,700,000      5.75           9/29/2005      42.5         35.8             2,000,000.00     46,511.63
          3709      No         4,200,000      5.50           10/3/2005      47.5         40.1             2,000,000.00     55,555.56
 20059232035-6      No        9,950,000       6.75          12/23/2005      18.2         1.4              2,979,545.58     23,836.36
          3948      No         2,275,000      6.50           12/5/2005      74.7         67.4             1,700,000.00     37,777.78
   20059201001      No         2,205,000      7.75           9/20/2005      75.9         66.4             1,674,000.00     27,900.00
          2782      No         1,850,000      7.25           5/18/2005      70.9         53.8             1,330,000.00     20,781.25
          3253      No         1,400,000      9.00            8/9/2005      71.2         51.0             1,000,000.00     20,000.00






                   CUTOFF BALANCE        CUTOFF                   MATURITY    INTEREST     AMORTIZATION      ACCRUAL
       LOAN #        (3/1/2006)       BALANCE/UNIT % OF IPB       BALANCE     RATE (%)          TYPE           TYPE     PURPOSE
------------------------------------------------------------------------------------------------------------------------------------

          4397     62,300,000.00        86,407.77              55,634,038.73      5.4200 IO-Balloon         Actual/360  Refinance
          3054     21,750,000.00        68,829.11              18,928,974.83      5.2300 IO-Balloon         Actual/360  Refinance
   20058514003     15,600,000.00        69,642.86              14,254,370.70      5.6000 IO-Balloon         Actual/360  Refinance
          4456     14,900,000.00        74,500.00              13,050,973.91      5.5000 IO-Balloon         Actual/360  Refinance
   20059243022     11,271,935.99        52,672.60               9,334,467.29      5.1520 Balloon            Actual/360  Acquisition
          4137     10,616,113.02        44,233.80               8,946,817.62      5.6875 Balloon            Actual/360  Refinance
          2869      9,900,000.00       194,117.65               8,625,365.46      5.2800 IO-Balloon         Actual/360  Refinance
   20052909009      8,951,236.08        71,609.89               7,505,784.97      5.4500 Balloon            Actual/360  Acquisition
   20059225008      8,180,960.97        49,883.91               6,861,775.03      5.5630 Balloon            Actual/360  Refinance
   20059225007      7,873,027.96        46,863.26               6,559,788.88      5.3120 Balloon            Actual/360  Refinance
   20059225011      6,890,532.42        53,004.10               5,795,806.75      5.6900 Balloon            Actual/360  Refinance
          3071      6,577,348.50        42,162.49               5,475,473.44      5.2840 Balloon            Actual/360  Refinance
          4173      6,300,000.00        24,609.38               5,848,261.67      5.4500 IO-Balloon         Actual/360  Acquisition
          3070      5,979,545.44        41,524.62               4,983,377.41      5.3200 Balloon            Actual/360  Refinance
          3673      5,821,989.16        44,105.98               4,919,509.34      5.8100 Balloon            Actual/360  Acquisition
          4326      5,186,798.00        55,178.70               4,252,892.80      5.8300 Balloon            Actual/360  Refinance
          4326      2,824,809.99                                2,316,190.85
          4326      2,361,988.01                                1,936,701.95
   20059232032      5,100,000.00        35,416.67               5,100,000.00      5.3280 Interest Only      Actual/360  Refinance
          4091      5,000,000.00        44,642.86               4,491,487.99      5.7100 IO-Balloon         Actual/360  Refinance
          3901      4,754,147.63        39,617.90               3,050,499.47      5.2140 Balloon            Actual/360  Refinance
          3729      4,300,000.00        86,000.00               3,841,715.08      5.4400 IO-Balloon         Actual/360  Refinance
   20059201002      3,780,000.00        25,200.00               3,304,376.93      5.4150 IO-Balloon         Actual/360  Refinance
          3906      3,550,000.00        72,448.98               3,130,309.59      5.7800 IO-Balloon         Actual/360  Acquisition
          3550      3,350,000.00        51,538.46               3,350,000.00      5.2700 Interest Only      Actual/360  Refinance
 20059232035-4      2,052,624.26        15,550.18               1,134,644.79      8.7500 Balloon            Actual/360
 20059232035-8      2,029,877.19         8,902.97                 159,209.53      9.6000 Fully Amortizing   Actual/360
          3708      1,995,459.38        46,406.03               1,680,622.73      5.7000 Balloon            Actual/360  Refinance
          3709      1,993,699.12        55,380.53               1,682,830.93      5.7400 Balloon            Actual/360  Refinance
 20059232035-6      1,812,487.22        14,499.90                 143,934.73      9.4400 Fully Amortizing   Actual/360
          3948      1,700,000.00        37,777.78               1,533,675.72      5.9270 IO-Balloon         Actual/360  Refinance
   20059201001      1,674,000.00        27,900.00               1,463,366.92      5.4150 IO-Balloon         Actual/360  Refinance
          2782      1,312,439.56        20,506.87                 994,457.12      5.0000 Balloon            Actual/360  Refinance
          3253        996,218.55        19,924.37                 713,436.08      6.1200 Balloon            Actual/360  Refinance






                   IO MONTHLY        IO ANNUAL       MONTHLY P&I       ANNUAL P&I                      REMAINING  AMORT   REMAINING
       LOAN #     DEBT SERVICE     DEBT SERVICE      DEBT SERVICE     DEBT SERVICE  I/O PERIOD  TERM      TERM    TERM   AMORT TERM
------------------------------------------------------------------------------------------------------------------------------------

          4397      285,296.50      3,423,558.06      350,611.86     4,207,342.32      36       120       118      360        360
          3054       96,110.33      1,153,323.96      119,835.02     1,438,020.24      24       120       115      360        360
   20058514003       73,811.11        885,733.33       89,556.32     1,074,675.84      48       120       119      360        360
          4456       69,240.16        830,881.94       84,600.56     1,015,206.72      24       120       119      360        360
   20059243022                                         61,714.89       740,578.68       0       120       118      360        358
          4137                                         61,728.31       740,739.72       0       120       117      360        357
          2869       44,165.00        529,980.00       54,852.27       658,227.24      24       120       119      360        360
   20052909009                                         50,819.03       609,828.36       0       120       115      360        355
   20059225008                                         46,883.34       562,600.08       0       120       118      360        358
   20059225007                                         43,927.96       527,135.52       0       120       117      360        357
   20059225011                                         40,003.91       480,046.92       0       120       119      360        359
          3071                                         36,584.56       439,014.72       0       120       117      360        357
          4173       29,009.90        348,118.75       35,573.32       426,879.84      60       120       119      360        360
          3070                                         33,392.84       400,714.08       0       120       117      360        357
          3673                                         34,274.21       411,290.52       0       120       118      360        358
          4326                                         31,431.20       377,174.45       0       120       118      336        334
          4326
          4326
   20059232032       22,958.50        275,502.00                                       120      120       118       0          0
          4091       24,122.11        289,465.28       29,051.71       348,620.52      36       120       118      360        360
          3901                                         32,248.06       386,976.72       0       120       116      240        236
          3729       19,764.07        237,168.89       24,253.30       291,039.60      36       120       117      360        360
   20059201002       17,294.16        207,529.88       21,261.27       255,135.24      24       120       118      360        360
          3906       17,336.66        208,039.86       20,784.54       249,414.48      24       120       116      360        360
          3550       14,916.42        178,997.01                                       120      120       117       0          0
 20059232035-4                                         20,344.99       244,139.88       0       240       114      300        174
 20059232035-8                                         45,546.60       546,559.20       0       186       52       186        52
          3708                                         11,608.01       139,296.12       0       120       118      360        358
          3709                                         11,658.76       139,905.12       0       120       117      360        357
 20059232035-6                                         28,726.12       344,713.44       0       216       83       216        83
          3948        8,513.20        102,158.43       10,112.71       121,352.52      36       120       118      360        360
   20059201001        7,658.84         91,906.09        9,415.71       112,988.52      24       120       118      360        360
          2782                                          7,775.05        93,300.60       0       120       112      300        292
          3253                                          6,901.84        82,822.08       0       120       118      264        262






                                                                              FIRST
                               CUTOFF     PAYMENT    GRACE                   PAYMENT        ARD    MATURITY/   FINAL MAT   ARD STEP
       LOAN #    SEASONING      DATE       DATE      PERIOD    NOTE DATE       DATE      (YES/NO)  ARD DATE       DATE      UP (%)
------------------------------------------------------------------------------------------------------------------------------------

          4397       2        3/8/2006       8         0      12/29/2005     2/8/2006   No         1/8/2016
          3054       5        3/8/2006       8         0       9/14/2005    11/8/2005   No         10/8/2015
   20058514003       1        3/1/2006       1         5                     3/1/2006   No         2/1/2016
          4456       1        3/8/2006       8         0       1/19/2006     3/8/2006   No         2/8/2016
   20059243022       2        3/1/2006       1         5      12/22/2005     2/1/2006   No         1/1/2016
          4137       3        3/8/2006       8         0       12/2/2005     1/8/2006   No         12/8/2015
          2869       1        3/8/2006       8         0       1/17/2006     3/8/2006   No         2/8/2016
   20052909009       5        3/1/2006       1         5       9/9/2005     11/1/2005   No         10/1/2015
   20059225008       2        3/1/2006       1         5      12/13/2005     2/1/2006   No         1/1/2016
   20059225007       3        3/1/2006       1         5       11/4/2005     1/1/2006   No         12/1/2015
   20059225011       1        3/1/2006       1         5       1/13/2006     3/1/2006   No         2/1/2016
          3071       3        3/8/2006       8         0       11/9/2005     1/8/2006   No         12/8/2015
          4173       1        3/8/2006       8         0       1/9/2006      3/8/2006   No         2/8/2016
          3070       3        3/8/2006       8         0       11/9/2005     1/8/2006   No         12/8/2015
          3673       2        3/8/2006       8         0       12/9/2005     2/8/2006   No         1/8/2016
          4326       2        3/8/2006       8         0       1/5/2006      2/8/2006   No         1/8/2016
          4326
          4326
   20059232032       2        3/1/2006       1         5       12/8/2005     2/1/2006   No         1/1/2016
          4091       2        3/8/2006       8         0      12/19/2005     2/8/2006   No         1/8/2016
          3901       4        3/8/2006       8         0       11/4/2005    12/8/2005   No         11/8/2015
          3729       3        3/8/2006       8         0       12/8/2005     1/8/2006   No         12/8/2015
   20059201002       2        3/1/2006       1         5       12/2/2005     2/1/2006   No         1/1/2016
          3906       4        3/8/2006       8         0       11/1/2005    12/8/2005   No         11/8/2015
          3550       3        3/8/2006       8         0      11/30/2005     1/8/2006   No         12/8/2015
 20059232035-4      126       3/1/2006       1         10      8/1/1995     10/1/1995   No         9/1/2015
 20059232035-8      134       3/1/2006       1         10     12/20/1994     2/1/1995   No         7/1/2010
          3708       2        3/8/2006       8         0      12/19/2005     2/8/2006   No         1/8/2016
          3709       3        3/8/2006       8         0      11/30/2005     1/8/2006   No         12/8/2015
 20059232035-6      133       3/1/2006       1         10      2/28/1995     3/1/1995   No         2/1/2013
          3948       2        3/8/2006       8         0       1/5/2006      2/8/2006   No         1/8/2016
   20059201001       2        3/1/2006       1         5       12/2/2005     2/1/2006   No         1/1/2016
          2782       8        3/8/2006       8         0       6/27/2005     8/8/2005   No         7/8/2015
          3253       2        3/8/2006       8         0      12/21/2005     2/8/2006   No         1/8/2016





                                           MOST                                                                  HOLDBACK  HOLDBACK
     LOAN #      2003 NOI     2004 NOI  RECENT NOI    AS OF        UW NOI       UW NCF      UW DSCR      HOLDBACK   AMT      DESC.
------------------------------------------------------------------------------------------------------------------------------------

          4397  5,320,271    5,150,776   4,938,513    11/30/2005   5,453,458    5,273,208     1.25          No
          3054                  83,125     673,505     6/30/2005   1,981,555    1,918,355     1.33          No
   20058514003                                                     1,340,227    1,295,427     1.21          No
          4456                                                     1,291,912    1,251,912     1.23          No
   20059243022                 706,661     760,428      9/1/2005     959,097      905,597     1.22          No
          4137    754,191      755,962     867,638    10/30/2005     965,630      905,630     1.22          No
          2869                                                       824,389      811,639     1.23          No
   20052909009                                                       744,766      738,566     1.21          No
   20059225008    120,479      518,131     806,983     9/30/2005     760,528      715,428     1.27          No
   20059225007                 679,650     796,816      9/1/2005     724,843      657,643     1.25          No
   20059225011                             961,560     9/30/2005     866,156      830,406     1.73          No
          3071    407,179      431,432     530,938     8/31/2005     592,416      543,073     1.24          No
          4173    838,456      659,858     919,012     9/30/2005     770,002      706,002     1.65          No
          3070    384,892      464,123     481,707     8/31/2005     533,890      497,890     1.24          No
          3673                 410,475     432,436     9/30/2005     526,373      493,373     1.20          No
          4326    372,765      410,901     439,591    11/30/2005     470,455      450,955     1.20          No
          4326    197,359      221,038     248,433    11/30/2005     254,548      242,548
          4326    175,406      189,863     191,158    11/30/2005     215,907      208,407
   20059232032    168,562       69,325     265,274     9/30/2005   3,545,902    3,513,152    12.75          No
          4091    468,590      421,532     406,278    11/30/2005     448,800      418,660     1.20          No
          3901    610,498      614,583     582,054     9/30/2005     533,422      508,342     1.31          No
          3729                             231,132     9/30/2005     361,954      348,804     1.20          No
   20059201002                 462,138     382,530    10/30/2005     391,212      343,962     1.35          No
          3906    128,155      148,546     200,040     7/31/2005     310,631      298,381     1.20          No
          3550    314,340      356,057     344,244     8/31/2005     355,414      335,979     1.88          No
 20059232035-4    502,619      348,166                               343,564      317,164     1.30          No
 20059232035-8    668,108      571,331                               638,000      592,400     1.08          No
          3708    183,708      210,062     236,450     9/30/2005     202,933      192,183     1.38          No
          3709    226,234      212,256     234,808     8/31/2005     205,572      195,889     1.40          No
 20059232035-6    749,130      698,020                               681,834      656,834     1.91          No
          3948    136,802      130,926     150,989    12/31/2005     153,057      149,690     1.23          No
   20059201001                             160,159    10/30/2005     181,660      159,880     1.42          No
          2782    105,831      111,760     120,444     5/31/2005     132,425      112,509     1.21          No
          3253                  86,653     124,183    10/31/2005     111,020      108,520     1.31          No






                 DEFEASANCE     LOCKOUT
      LOAN #      ALLOWED       END DATE   DEFEASANCE SUMMARY
------------------------------------------------------------------------------------------------------------------------------------

          4397      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.
          3054      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.
   20058514003      Yes        3/31/2008   Earlier of (4) years from the closing date or (2) years from first securitization
          4456      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.
   20059243022      Yes        3/31/2008   Earlier of (4) years from the closing date or (2) years from first securitization
          4137      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.
          2869      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.
   20052909009      Yes        3/31/2008   Earlier of (4) years from the closing date or (2) years from first securitization.
   20059225008      Yes        3/31/2008   Earlier of (4) years from the closing date or (2) years from first securitization.
   20059225007      Yes        3/31/2008   Earlier of (4) years from the closing date or (2) years from first securitization
   20059225011      Yes        3/31/2008   Earlier of (4) years from the closing date or (2) years from first securitization
          3071      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.
          4173      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.
          3070      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.
          3673      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.
          4326      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.
          4326
          4326
   20059232032      Yes        3/31/2008   Earlier of (4) years from the closing date or (2) years from first securitization.
          4091      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.
          3901      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.
          3729      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.
   20059201002      Yes        3/31/2008   Earlier of (4) years from the note date or (2) years from first securitization
          3906      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.
          3550      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.
 20059232035-4      No         3/31/2008
 20059232035-8      No         3/31/2008
          3708      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.
          3709      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.
 20059232035-6      No         3/31/2008
          3948      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.
   20059201001      Yes        3/31/2008   Earlier of (4) years from the note date or (2) years from first securitization
          2782      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.
          3253      Yes         4/7/2008   Earlier of (3) years from the note date or (2) years from first securitization.






                                                 YIELD                                                                    REMAINING
                 CALL PROTECTION  YIELD MAINT.  MAINT.                                                LOCKOUT  DEFEASANCE DEFEASANCE
     LOAN #        DESCRIPTION      END DATE    ALLOWED           YIELD MAINT. PROVISION             REMAINING  END DATE   PAYMENTS
------------------------------------------------------------------------------------------------------------------------------------

         4397 Defeasance                       No                                                   24          7/7/2015      87
         3054 Defeasance                       No                                                   24          7/7/2015      87
  20058514003 Defeasance                       No                                                   24         10/31/2015     91
         4456 Defeasance                       No                                                   24          11/7/2015     91
  20059243022 Defeasance                       No                                                   24          9/30/2015     90
         4137 Defeasance                       No                                                   24          9/7/2015      89
         2869 Defeasance                       No                                                   24          11/7/2015     91
  20052909009 Defeasance                       No                                                   24          8/31/2015     89
  20059225008 Defeasance                       No                                                   24          9/30/2015     90
  20059225007 Defeasance                       No                                                   24          8/31/2015     89
  20059225011 Defeasance                       No                                                   24         10/31/2015     91
         3071 Defeasance                       No                                                   24          9/7/2015      89
         4173 Defeasance                       No                                                   24          11/7/2015     91
         3070 Defeasance                       No                                                   24          9/7/2015      89
         3673 Defeasance                       No                                                   24          10/7/2015     90
         4326 Defeasance                       No                                                   24          10/7/2015     90
         4326
         4326
  20059232032 Defeasance                       No                                                   24          9/30/2015     90
         4091 Defeasance                       No                                                   24          10/7/2015     90
         3901 Defeasance                       No                                                   24          8/7/2015      88
         3729 Defeasance                       No                                                   24          9/7/2015      89
  20059201002 Defeasance                       No                                                   24         11/30/2015     92
         3906 Defeasance                       No                                                   24          8/7/2015      88
         3550 Defeasance                       No                                                   24          9/7/2015      89
20059232035-4 Yield Maintenance     9/30/2015  Yes                     PV Fraction                  0
20059232035-8 Yield Maintenance     7/31/2010  Yes               Greater of 1% UPB or PV            0
         3708 Defeasance                       No                                                   24          10/7/2015     90
         3709 Defeasance                       No                                                   24          9/7/2015      89
20059232035-6 Yield Maintenance     2/28/2013  Yes     Greater of 1% UPB or PV, Declining Penatlies 0
         3948 Defeasance                       No                                                   24          10/7/2015     90
  20059201001 Defeasance                       No                                                   24         11/30/2015     92
         2782 Defeasance                       No                                                   24          4/7/2015      84
         3253 Defeasance                       No                                                   24          10/7/2015     90






                REMAINING
                  YIELD
               MAINTENANCE   OPEN                                                                       UPFRONT ENG.  UPFRONT CAPEX
     LOAN #     PAYMENTS   PAYMENTS                                 STRING                                 RESERVE      RESERVES
------------------------------------------------------------------------------------------------------------------------------------

          4397                 7       LO(24),Def(87),O(7)                                               101,000.00
          3054                 4       LO(24),Def(87),O(4)
   20058514003                 4       LO(24),Def(91),O(4)
          4456                 4       LO(24),Def(91),O(4)
   20059243022                 4       LO(24),Def(90),O(4)
          4137                 4       LO(24),Def(89),O(4)                                                12,200.00
          2869                 4       LO(24),Def(91),O(4)
   20052909009                 2       LO(24),Def(89),O(2)                                                18,750.00
   20059225008                 4       LO(24),Def(90),O(4)
   20059225007                 4       LO(24),Def(89),O(4)                                                               84,000.00
   20059225011                 4       LO(24),Def(91),O(4)
          3071                 4       LO(24),Def(89),O(4)                                                18,750.00
          4173                 4       LO(24),Def(91),O(4)                                                            1,000,000.00
          3070                 4       LO(24),Def(89),O(4)
          3673                 4       LO(24),Def(90),O(4)                                                14,473.75
          4326                 4       LO(24),Def(90),O(4)                                                               92,891.25
          4326
          4326
   20059232032                 4       LO(24),Def(90),O(4)
          4091                 4       LO(24),Def(90),O(4)                                                 9,113.00
          3901                 4       LO(24),Def(88),O(4)
          3729                 4       LO(24),Def(89),O(4)
   20059201002                 2       LO(24),Def(92),O(2)
          3906                 4       LO(24),Def(88),O(4)
          3550                 4       LO(24),Def(89),O(4)                                                   868.75
 20059232035-4     114                 YM(114)
 20059232035-8     52                  GRTR1%orYM(52)
          3708                 4       LO(24),Def(90),O(4)
          3709                 4       LO(24),Def(89),O(4)                                                 7,516.00
 20059232035-6     83                  GRTRYMor1%(132),6%(12),5%(12),4%(12),3%(12),2%(12),1%(12),1%(12)
          3948                 4       LO(24),Def(90),O(4)                                                                   561.16
   20059201001                 2       LO(24),Def(92),O(2)
          2782                 4       LO(24),Def(84),O(4)                                                 6,562.50
          3253                 4       LO(24),Def(90),O(4)                                                11,250.00






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

          4397                      259,524.00   196,918.00
          3054                      352,146.23     7,543.25                                                   6,583.33    150,000.00
   20058514003                                                                                                3,733.33
          4456                        4,635.00    16,780.00                                                   3,334.00
   20059243022                                    15,857.10                                                   4,458.00
          4137                       27,844.34     9,720.82                                                   5,000.00
          2869                       50,326.83                                                                1,062.50
   20052909009                       67,523.16                106,400.82    Debt Service                        517.00
   20059225008                        5,790.44     6,717.90                                                   3,758.00     90,192.00
   20059225007                        5,470.15    10,937.50
   20059225011                       17,336.00    16,611.79                                                   2,979.00
          3071                       13,703.00                                                                4,112.00
          4173                       13,000.00    39,895.07
          3070                       12,390.00                                                                3,000.00
          3673                        5,884.00     4,763.75                                                   2,750.00
          4326                       25,550.00                                                                2,350.00     84,600.00
          4326
          4326
   20059232032                                                 70,196.40    Debt Service Coverage
          4091                       18,548.07     2,637.25                                                   2,426.66
          3901                       50,298.00    26,664.00                                                   2,500.00     60,000.00
          3729                       21,106.00     6,250.00                                                   1,096.00
   20059201002                       24,661.55    14,997.80       250.00    Letter of Credit Transfer Reserve 3,938.00
          3906                       12,142.69                550,000.00    Holdback                          1,020.83
          3550                       19,265.66     9,182.54
 20059232035-4
 20059232035-8
          3708                       11,911.00     4,750.00
          3709                        5,823.90     5,755.00
 20059232035-6
          3948                       13,285.04     2,506.58                                                     280.58
   20059201001                        8,524.36     6,507.64                                                   1,815.00
          2782                        2,743.49     1,600.00                                                   1,333.33
          3253                       27,222.00       621.14                                                     208.33






                                   MONTHLY
                 MONTHLY  MONTHLY   TI/LC                     MONTHLY      MONTHLY
                 ENVIR.    TI/LC   RESERVE   MONTHLY RE      INSURANCE      OTHER   OTHER MONTH    SINGLE    LETTER OF  DESCRIPTION
     LOAN #      RESERVE  RESERVE    CAP    TAX RESERVE       RESERVE      RESERVE  DESCRIPTION    TENANT     CREDIT    OF LOC
------------------------------------------------------------------------------------------------------------------------------------

          4397                               55,847.00        49,730.00                             No         No
          3054                               27,088.17         7,543.25                             No         No
   20058514003                               14,466.67         5,997.50                             No         No
          4456                                2,317.50         8,390.00                             No         No
   20059243022                               18,915.00         2,642.85                             No         No
          4137                               13,922.17         4,860.41                             No         No
          2869                                4,575.17         2,643.38                             No         No
   20052909009                                5,626.93         1,000.21                             No         No
   20059225008                                5,790.44         2,239.30                             No         No
   20059225007                                5,470.15         1,367.19                             No         No
   20059225011                                4,334.00         1,510.16                             No         No
          3071                                4,570.00         3,958.00                             No         No
          4173                                6,500.00         3,490.81                             No         No
          3070                                4,130.00         2,554.00                             No         No
          3673                                5,884.00         4,763.75                             No         No
          4326                                5,110.00         1,840.00                             No         No
          4326                                                                                      No
          4326                                                                                      No
   20059232032                                                                                      No         No
          4091                                9,274.03         2,637.25                             No         No
          3901                               11,759.00         2,424.00                             No         Yes        233,985
          3729                                5,277.00         1,042.00                             No         No
   20059201002                                6,165.39         4,999.27                             No         Yes        158,375
          3906                                2,023.78         1,020.83                             No         No
          3550                                3,711.75         1,020.28                             No         No
 20059232035-4                                                                                      No         No
 20059232035-8                                9,919.61         3,364.01                             No         No
          3708                                1,702.00           948.00                             No         No
          3709                                2,911.95         1,150.75                             No         No
 20059232035-6                               13,873.01                                              No         No
          3948                                3,254.83           500.00                             No         No
   20059201001                                2,131.09         2,169.21                             No         Yes         26,025
          2782                                2,743.49         1,180.25                             No         No
          3253                                2,268.50           310.57                             No         No






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

          4397                                                                                  First    Fee       No        No
          3054                                                                                  First    Fee       No        No
   20058514003                                                                                  First    Fee       No        No
          4456                                                                                  First    Fee       No        No
   20059243022                                                                                  First    Fee       No        No
          4137                                                                                  First    Fee       No        No
          2869                                                                                  First    Fee       No        No
   20052909009                                                                                  First    Fee       No        No
   20059225008                                                                                  First    Fee       No        No
   20059225007                                                                                  First    Fee       No        No
   20059225011                                                                                  First    Fee       No        No
          3071                                                                                  First    Fee       No        No
          4173                                                                                  First    Fee       No        No
          3070                                                                                  First    Fee       No        No
          3673                                                                                  First    Fee       No        No
          4326                                                                                  First    Fee       No        No
          4326                                                                                  First    Fee
          4326                                                                                  First    Fee
   20059232032                                                                                  First    Fee       Yes       No
          4091                                                                                  First    Fee       No        No
          3901                                                                                  First    Fee       No        No
          3729                                                                                  First    Fee       No        No
   20059201002                                                                                  First    Fee       No        No
          3906                                                                                  First    Fee       No        No
          3550                                                                                  First    Fee       No        No
 20059232035-4                                                                                  First    Fee       No        No
 20059232035-8                                                                                  First    Fee       No        No
          3708                                                                                  First    Fee       No        No
          3709                                                                                  First    Fee       No        No
 20059232035-6                                                                                  First    Fee       No        No
          3948                                                                                  First    Fee       No        No
   20059201001                                                                                  First    Fee       No        No
          2782                                                                                  First    Fee       No        No
          3253                                                                                  First    Fee       No        Yes






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

          4397    Yes     No      No          No           No                  Delaware Lakewood Apartments, LLC
          3054    Yes     No      No          No           No                  Lullwater at Bass, LLC;  Bass Apartments, LLC
   20058514003    Yes     No      No          No           No                  Lakeshore Apartment Homes, LLC
          4456    Yes     No      No          No           No                  James J. Vedros
   20059243022    Yes     No      No          No           No                  McKamy Lake Associates, Ltd.
          4137    Yes     No      No          No           No       Yes (7)    V.E.E. Associates, L.L.C.
          2869    Yes     No      No          No           No                  Yolo Boundary L.P.
   20052909009    Yes     No      No          No           No                  Tidewater Estates Co-Op, Inc.
   20059225008    Yes     No      No          No           No                  QCV Apartments, LLC
   20059225007    Yes     No      No          No           No                  Sherwood Village Apartments, LLC
   20059225011    Yes     No      No          No           No                  Battlefield Park Apartments Phase I, LLC
          3071    Yes     No      No          No           No       Yes (9)    Scenic View, L.P.
          4173    Yes     No      No          No           No                  Cambray Peak, LLC;  NEW LLC
          3070    Yes     No      No          No           No       Yes (9)    144 Virginia Village, L.P.
          3673    Yes     No      No          No           No                  Roselea Manor, Inc.
          4326    Yes     No      No          No           No                  Normandie Court LLC; Palmdale Meadows Apartments, LLC
          4326
          4326
   20059232032    Yes     No      No          No           No                  Endicott Apartment Corporation
          4091    Yes     No      No          No           No                  Hunters Point Apartments, LLC
          3901    Yes     No      No          No           No                  427 Mill Street, Incorporated
          3729    No      No      No          No           No                  6th St. Governor, LLC
   20059201002    Yes     No      No          No           No       Yes (5)    Crestview Partners, LLC
          3906    Yes     No      No          No           No       Yes (7)    Virtu Ashby Candlestick, LLC
          3550    Yes     No      No          No           No                  Woodley Towers Investors, L.P.
 20059232035-4    Yes     No      No          No           No                  Bluff View Associates
 20059232035-8    Yes     No      No          No           No                  Hillcrest Estates LLC
          3708    Yes     No      No          No           No                  Kingsley Montclair, L.P.
          3709    Yes     No      No          No           No                  KFT Properties, L.P.
 20059232035-6    Yes     No      No          No           No                  Harbor Side Limited Partnership
          3948    Yes     No      No          No           No                  1997 K&M Family Trust
   20059201001    Yes     No      No          No           No       Yes (5)    Regency Partners, LLC
          2782    Yes     No      No          No           No                  EPT Lakeside Apartments, LP
          3253    Yes     No      No          No           No                  Meadowview Realty, LLC






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

         4397 Muir Partners; FJH Lakewood Apartments LLC, JAH Lakewood Apartments LLC                              No       No
         3054 Roy H. Fickling; Jerry L. Stephens                                                                  Yes       No
  20058514003 Mark Englert, Max Kendall, Bruce Whitham                                                             No       No
         4456 James J. Vedros                                                                                      No       No
  20059243022 McKamy Lake Associates, Ltd. and Wendell A. Jacobson                                                 No       No
         4137 Michael Green; Scott McWhorter                                                                       No       Yes
         2869 Dennis Broward; Bruce F. Unger; N. Jon Berkley; Robert Swink                                         No       No
  20052909009 Tidewater Estates Co-Op, Inc.                                                                        No       No
  20059225008 Paul Richard White, Jeff Robert Kramer, the Jeffrey R. Kramer Trust, and the Paul R. White           No       No
              Revocable Trust
  20059225007 Samuel E. Coryell and Carol W. Coryell                                                               No       No
  20059225011 Sam E. & Sam M. Coryell, Michael Bess                                                                No       No
         3071 Joseph Daneshgar                                                                                     No       Yes
         4173 Donald Simpson; Luke Simpson; Nick Simpson                                                          Yes       No
         3070 Joseph Daneshgar                                                                                     No       Yes
         3673 Raymond Morris; Rosemarie Morris                                                                     No       No
         4326 Mark Kaufman                                                                                         No       No
         4326
         4326
  20059232032 Endicott Apartment Corporation                                                                       No       No
         4091 Mark A. Englert                                                                                      No       No
         3901 Roy L. Emerling; Carl A. Emerling                                                                    No       No
         3729 Chris Renard                                                                                         No       No
  20059201002 Mark S. Elwood, Michael W. Elwood, Richard L. Elwood, Robert B. Connor, Jr. and                      No       No
              William W. Walker, IV
         3906 Scott McWhorter; Michael Green                                                                       No       Yes
         3550 Jack M. Nagel; Armand Ungar                                                                          No       No
20059232035-4                                                                                                      No       No
20059232035-8 Christopher J. Koh and David Koh                                                                     No       No
         3708 Paul Calvo; Peggy Calvo                                                                              No       No
         3709 Joel Kreiner; Stina Hans                                                                             No       No
20059232035-6                                                                                                      No       No
         3948 Erwin H. Chessen; Donna L. Chessen                                                                   No       No
  20059201001 Mark S. Elwood, Michael W. Elwood, Richard L. Elwood, William Gresham, Robert B. Connor, Jr. and     No       No
              William W. Walker, IV
         2782 Richard Aguilar                                                                                      No       Yes
         3253 Thomas Masaschi                                                                                      No       No






                  ADDIT DEBT      ADDITIONAL     ADDITIONAL     LOCKBOX    LOCKBOX IN-     LOCKBOX         CASH
  LOAN #          EXIST (Y/N)    DEBT AMOUNT      DEBT TYPE      (Y/N)        PLACE         TYPE        MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------

            4397       No                                          No          No
            3054       No                                          No          No
     20058514003       No                                          No          No
            4456       No                                          No          No
     20059243022       No                                          No          No
            4137       No                         Mezzanine        Yes         Yes           Soft        Springing
            2869       No                                          No          No
     20052909009       No                                          Yes         Yes           Hard        Springing
     20059225008       No                                          No          No
     20059225007       No                                          No          No
     20059225011       No                                          No          No
            3071       No                         Mezzanine        No          No
            4173       No                                          No          No
            3070       No                         Mezzanine        No          No
            3673       No                                          Yes         Yes           Soft        Springing
            4326       No                                          No          No
            4326
            4326
     20059232032       No                                          No          No
            4091       No                                          No          No
            3901       No                                          No          No
            3729       No                                          No          No
     20059201002       No                                          No          No
            3906       No                         Mezzanine        No          No
            3550       No                                          No          No
   20059232035-4       No                                          No          No
   20059232035-8       No                                          No          No
            3708       No                                          No          No
            3709       No                                          No          No
   20059232035-6       No                                          No          No
            3948       No                                          No          No
     20059201001       No                                          No          No
            2782       No                         Mezzanine        No          No
            3253       No                                          Yes         Yes           Hard        Springing







                                                                                                        AVG.   NO. OF    AVG.
                                                                                             NO. OF    STUDIO   1-BR    1-BR
     LOAN #                      LOCKBOX/CASH MANAGEMENT TRIGGER EVENT                       STUDIO     RENT    UNITS    RENT
------------------------------------------------------------------------------------------------------------------------------------

          4397                                                                                  258      937      375   1,089
          3054                                                                                                     96     738
   20058514003                                                                                                     64     645
          4456                                                                                                     72     648
   20059243022                                                                                                     76     640
          4137 Upon occurrence of (i) Default, (ii) DSCR < 1.15 at the end of any quarter                          48     595
               on August 1, 2006 and thereafter January 1 and July 1 of each
               calender year during the term of the loan.
          2869                                                                                    8      779
   20052909009 Upon occurrence of (i) event of default, (ii) DSCR < 1.00x
   20059225008                                                                                   12      400       52     525
   20059225007                                                                                   17      410       53     495
   20059225011                                                                                   21      403       25     535
          3071                                                                                                     16     538
          4173                                                                                                    128     526
          3070                                                                                                     37     547
          3673 Upon occurrence of (i) Default, (ii) DSCR < 1.10 at the end of any quarter.                         52     543
          4326
          4326                                                                                                     40     537
          4326
   20059232032                                                                                   24    2,412       78   3,193
          4091                                                                                                     32     608
          3901                                                                                                     15     603
          3729                                                                                                     49     972
   20059201002                                                                                                    120     445
          3906                                                                                   39      715       10     895
          3550                                                                                   58      757        7     914
 20059232035-4                                                                                                     54     675
 20059232035-8                                                                                                     66     535
          3708                                                                                                     12     727
          3709                                                                                                     30     795
 20059232035-6                                                                                   22      700       66     845
          3948
   20059201001
          2782
          3253 Upon occurrence of (i) Default, (ii) DSCR < 1.25 at the end of any quarter.






                            AVG.                AVG.    NO. OF 4 AND   NO. OF 4 AND
               NO. OF       2-BR   NO. OF       3-BR        ABOVE-BR       ABOVE-BR         AVERAGE  AVG PAD UTILITIES     ELEVATOR
     LOAN #    2-BR UNITS   RENT   3-BR UNITS   RENT           UNITS          UNITS    BEDS     BED     RENT TENANT PAYS    PRESENT
------------------------------------------------------------------------------------------------------------------------------------

          4397        88   1,530                                                                             E            Yes
          3054       182     841          38   1,041                                                         E,S,W        No
   20058514003       132     790          28     950                                                         E            No
          4456       104     872          24   1,004                                                         E,G,S,W      No
   20059243022       122     880          16   1,100                                                         E, W         No
          4137       192     721                                                                             E,G          No
          2869         8     986           4   1,096              31          2,446                          E,G          Yes
   20052909009                                                                                          649  E
   20059225008       100     655                                                                             E            No
   20059225007        62     650          36     765                                                         E            No
   20059225011        50     643          30     768               4            874                          E            Yes
          3071       140     625                                                                             E,G          No
          4173       128     661                                                                             E,G          No
          3070        72     623          35     704                                                         E,G          No
          3673        72     643           8     689                                                         None         No
          4326                                                                                               E,G          No
          4326        16     636                                                                             E,G          No
          4326        31     765           7     924                                                         E,G          No
   20059232032        42   4,551                                                                             E            Yes
          4091        54     728          26     888                                                         E,G          No
          3901       105     699                                                                             E,G          No
          3729         1   1,250                                                                             E,G          No
   20059201002        30     545                                                                             E            No
          3906                                                                                               E,G,S,W      Yes
          3550                                                                                               E,G          Yes
 20059232035-4        78     780                                                                             E            No
 20059232035-8       137     631          25     835                                                         E, S, W      No
          3708        31     843                                                                             E            No
          3709         6     990                                                                             E,G          Yes
 20059232035-6        37   1,035                                                                             E, G, S, W   Yes
          3948                                                                                          446  None         NAP
   20059201001        32     495          28     595                                                         E, G         No
          2782        64     418                                                                             E,S,W        No
          3253                                                                                          353  E,G          NAP






                                                                                                                             NET
                                                PRIMARY      MASTER       TRUSTEE &       CASH/PMT                         MORTGAGE
                SUBSERVICER IN   SUBSERVICER   SERVICING   SERVICING     PAYING AGENT    COLLECTION   SUBSERVICER  ADMIN.  INTEREST
LOAN #            PLACE (Y/N)    NAME          FEE RATE     FEE RATE         FEE          FUNCTION        FEE        FEE     RATE
------------------------------------------------------------------------------------------------------------------------------------

          4397
          3054
   20058514003
          4456
   20059243022
          4137
          2869
   20052909009
   20059225008
   20059225007
   20059225011
          3071
          4173
          3070
          3673
          4326
          4326
          4326
   20059232032
          4091
          3901
          3729
   20059201002
          3906
          3550
 20059232035-4
 20059232035-8
          3708
          3709
 20059232035-6
          3948
   20059201001
          2782
          3253