EXHIBIT 10.1
Contact: | Customer Services -- CTSLink | |||||||
Wells Fargo Bank Minnesota, N.A. | ||||||||
Securities Administration Services | ||||||||
7485 New Horizon Way | ||||||||
Frederick, MD 21703 | ||||||||
www.ctslink.com | ||||||||
Telephone: | (301) 815-6600 | |||||||
Fax: | (301) 315-6660 |
SMT SERIES 2005-1
Record Date: January 31, 2006
Distribution Date: February 21, 2006
Certificateholder Distribution Summary
Certificate Class | Certificate | Beginning | Interest | Principal | Current Realized | Ending Certificate | Cumulative Realized | |||||||||||||||||||||||||||||||||
Class | CUSIP | Description | Pass-Through Rate | Certificate Balance | Distribution | Distribution | Loss | Balance | Total Distribution | Loss | ||||||||||||||||||||||||||||||
A-1 | 81744FGM3 | SEN | 4.72000 | % | 181,873,581.43 | 715,369.42 | 9,985,027.13 | 0.00 | 171,888,554.30 | 10,700,396.55 | 0.00 | |||||||||||||||||||||||||||||
A-2 | 81744FGN1 | SEN | 4.97000 | % | 66,131,686.26 | 273,895.40 | 5,437,206.24 | 0.00 | 60,694,480.02 | 5,711,101.64 | 0.00 | |||||||||||||||||||||||||||||
X-A | 81744FGP6 | IO | 0.79361 | % | 0.00 | 164,015.71 | 0.00 | 0.00 | 0.00 | 164,015.71 | 0.00 | |||||||||||||||||||||||||||||
X-B | 81744FGS0 | IO | 0.46231 | % | 0.00 | 4,867.19 | 0.00 | 0.00 | 0.00 | 4,867.19 | 0.00 | |||||||||||||||||||||||||||||
B-1 | 81744FGQ4 | SUB | 4.91000 | % | 7,067,000.00 | 28,915.81 | 0.00 | 0.00 | 7,067,000.00 | 28,915.81 | 0.00 | |||||||||||||||||||||||||||||
B-2 | 81744FGR2 | SUB | 5.19000 | % | 3,949,000.00 | 17,079.42 | 0.00 | 0.00 | 3,949,000.00 | 17,079.42 | 0.00 | |||||||||||||||||||||||||||||
B-3 | 81744FGU5 | SUB | 5.74000 | % | 2,495,000.00 | 11,934.42 | 0.00 | 0.00 | 2,495,000.00 | 11,934.42 | 0.00 | |||||||||||||||||||||||||||||
B-4 | 81744FGV3 | SUB | 5.57740 | % | 1,455,000.00 | 6,762.59 | 0.00 | 0.00 | 1,455,000.00 | 6,762.59 | 0.00 | |||||||||||||||||||||||||||||
B-5 | 81744FGW1 | SUB | 5.57740 | % | 831,000.00 | 3,862.35 | 0.00 | 0.00 | 831,000.00 | 3,862.35 | 0.00 | |||||||||||||||||||||||||||||
B-6 | 81744FGX9 | SUB | 5.57740 | % | 1,871,544.03 | 8,698.62 | 0.00 | 0.00 | 1,871,544.03 | 8,698.62 | 0.00 | |||||||||||||||||||||||||||||
A-R | 81744FGT8 | RES | 3.93685 | % | 0.00 | 0.24 | 0.00 | 0.00 | 0.00 | 0.24 | 0.00 | |||||||||||||||||||||||||||||
Totals | 265,673,811.72 | 1,235,401.17 | 15,422,233.37 | 0.00 | 250,251,578.35 | 16,657,634.54 | 0.00 | |||||||||||||||||||||||||||||||||
Principal Distribution Statement
Unscheduled | ||||||||||||||||||||||||||||||||||||||||
Beginning | Scheduled Principal | Principal | Realized | Total Principal | Ending Certificate | Ending Certificate | Total Principal | |||||||||||||||||||||||||||||||||
Class | Original Face Amount | Certificate Balance | Distribution | Distribution | Accretion | Loss | Reduction | Balance | Percentage | Distribution | ||||||||||||||||||||||||||||||
A-1 | 298,055,000.00 | 181,873,581.43 | 358.69 | 9,984,668.44 | 0.00 | 0.00 | 9,985,027.13 | 171,888,554.30 | 0.57670079 | 9,985,027.13 | ||||||||||||||||||||||||||||||
A-2 | 100,000,000.00 | 66,131,686.26 | 0.00 | 5,437,206.24 | 0.00 | 0.00 | 5,437,206.24 | 60,694,480.02 | 0.60694480 | 5,437,206.24 | ||||||||||||||||||||||||||||||
X-A | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00000000 | 0.00 | ||||||||||||||||||||||||||||||
X-B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00000000 | 0.00 | ||||||||||||||||||||||||||||||
B-1 | 7,067,000.00 | 7,067,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7,067,000.00 | 1.00000000 | 0.00 | ||||||||||||||||||||||||||||||
B-2 | 3,949,000.00 | 3,949,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3,949,000.00 | 1.00000000 | 0.00 | ||||||||||||||||||||||||||||||
B-3 | 2,495,000.00 | 2,495,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,495,000.00 | 1.00000000 | 0.00 | ||||||||||||||||||||||||||||||
B-4 | 1,455,000.00 | 1,455,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,455,000.00 | 1.00000000 | 0.00 | ||||||||||||||||||||||||||||||
B-5 | 831,000.00 | 831,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 831,000.00 | 1.00000000 | 0.00 | ||||||||||||||||||||||||||||||
B-6 | 1,871,544.03 | 1,871,544.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,871,544.03 | 1.00000000 | 0.00 | ||||||||||||||||||||||||||||||
A-R | 100.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00000000 | 0.00 | ||||||||||||||||||||||||||||||
Totals | 415,723,644.03 | 265,673,811.72 | 358.69 | 15,421,874.68 | 0.00 | 0.00 | 15,422,233.37 | 250,251,578.35 | 0.60196619 | 15,422,233.37 | ||||||||||||||||||||||||||||||
Principal Distribution Factors Statement
Unscheduled | ||||||||||||||||||||||||||||||||||||||||
Beginning | Scheduled Principal | Principal | Realized | Total Principal | Ending Certificate | Ending Certificate | Total Principal | |||||||||||||||||||||||||||||||||
Class | Original Face Amount | Certificate Balance | Distribution | Distribution | Accretion | Loss | Reduction | Balance | Percentage | Distribution | ||||||||||||||||||||||||||||||
A-1 | 298,055,000.00 | 610.20141058 | 0.00120344 | 33.49941601 | 0.00000000 | 0.00000000 | 35.50061945 | 576.70079113 | 0.57670079 | 33.50061945 | ||||||||||||||||||||||||||||||
A-2 | 100,000,000.00 | 661.31686260 | 0.00000000 | 54.37206240 | 0.00000000 | 0.00000000 | 54.37206240 | 606.94480020 | 0.60694480 | 54.37206240 | ||||||||||||||||||||||||||||||
X-A | 0.00 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
X-B | 0.00 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
B-1 | 7,067,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
B-2 | 3,949,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
B-3 | 2,495,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
B-4 | 1,455,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
B-5 | 831,000.00 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
B-6 | 1,871,544.03 | 1000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1000.00000000 | 1.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
A-R | 100.00 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | ||||||||||||||||||||||||||||||
Interest Distribution- Statement
Beginning | Non-Supported | Remaining Unpaid | ||||||||||||||||||||||||||||||||||||||||||
Current Certificate | Certificate/ | Current Accrued | Payment of Unpaid | Current Interest | Interest | Total Interest | Interest | Ending Certificate/ | ||||||||||||||||||||||||||||||||||||
Class | Accural Dates | Accrual Days | Rate | Notional Balance | Interest | Interest Shortfall | Shortfall | Shortfall(1) | Distribution | Shortfall(2) | Notational Balance | |||||||||||||||||||||||||||||||||
A-1 | 01/20/06 – 02/19/06 | 30 | 4.72000 | % | 181,873,581.43 | 715,369.42 | 0.00 | 0.00 | 0.00 | 715,369.42 | 0.00 | 171,888,554.30 | ||||||||||||||||||||||||||||||||
A-2 | 01/20/06 – 02/19/06 | 30 | 4.97000 | % | 66,131,686.26 | 273,895.40 | 0.00 | 0.00 | 0.00 | 273,895.40 | 0.00 | 60,694,480.02 | ||||||||||||||||||||||||||||||||
X-A | 01/01/06 – 01/30/06 | 30 | 0.79361 | % | 248,005,267.69 | 164,015.71 | 0.00 | 0.00 | 0.00 | 164,015.71 | 0.00 | 232,583,034.32 | ||||||||||||||||||||||||||||||||
X-B | 01/01/06 – 01/30/06 | 30 | 0.46231 | % | 13,511,000.00 | 5,205.27 | 0.00 | 0.00 | 0.00 | 4,867.19 | 0.00 | 13,511,000.00 | ||||||||||||||||||||||||||||||||
B-1 | 01/20/06 – 02/19/06 | 30 | 4.91000 | % | 7,067,000.00 | 28,915.81 | 0.00 | 0.00 | 0.00 | 28,915.81 | 0.00 | 7,067,000.00 | ||||||||||||||||||||||||||||||||
B-2 | 01/20/06 – 02/19/06 | 30 | 5.19000 | % | 3,949,000.00 | 17,079.42 | 0.00 | 0.00 | 0.00 | 17,079.42 | 0.00 | 3,949,000.00 | ||||||||||||||||||||||||||||||||
B-3 | 01/20/06 – 02/19/06 | 30 | 5.74000 | % | 2,495,000.00 | 11,934.42 | 0.00 | 0.00 | 0.00 | 11,934.42 | 0.00 | 2,495,000.00 | ||||||||||||||||||||||||||||||||
B-4 | 01/01/06 – 01/30/06 | 30 | 5.57740 | % | 1,455,000.00 | 6,762.59 | 0.00 | 0.00 | 0.00 | 6,762.59 | 0.00 | 1,455,000.00 | ||||||||||||||||||||||||||||||||
B-5 | 01/01/06 – 01/30/06 | 30 | 5.57740 | % | 831,000.00 | 3,862.35 | 0.00 | 0.00 | 0.00 | 3,862.35 | 0.00 | 831,000.00 | ||||||||||||||||||||||||||||||||
B-6 | 01/01/06 – 01/30/06 | 30 | 5.57740 | % | 1,871,544.03 | 8,698.62 | 0.00 | 0.00 | 0.00 | 8,698.62 | 0.00 | 1,871,544.03 | ||||||||||||||||||||||||||||||||
A-R | N/A | N/A | 3.93685 | % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 | 0.00 | 0.00 | ||||||||||||||||||||||||||||||||
Totals | 1,235,739.01 | 0.00 | 0.00 | 0.00 | 1,235,401.17 | 0.00 | ||||||||||||||||||||||||||||||||||||||
(1, 2) Amount also includes coupon cap or basis risk shortfalls, if applicable.
1
Interest Distribution Factors Statement
Beginning | Remaining Unpaid | |||||||||||||||||||||||||||||||||||||||
Current Certificate | Certificate/ | Current Accrued | Payment of Unpaid | Current Interest | Non-Supported | Total Interest | Interest | Ending Certificate/ | ||||||||||||||||||||||||||||||||
Class | Original Face Amount | Rate | Notional Balance | Interest | Interest Shortfall | Shortfall(1) | Interest Shortfall | Distribution | Shortfall(2) | Notational Balance | ||||||||||||||||||||||||||||||
A-1 | 298,055,000.00 | 4.72000 | % | 610.20141058 | 2.40012555 | 0.00000000 | 0.00000000 | 0.00000000 | 2.40012555 | 0.00000000 | 576.70079113 | |||||||||||||||||||||||||||||
A-2 | 100,000,000.00 | 4.97000 | % | 661.31686260 | 2.73895400 | 0.00000000 | 0.00000000 | 0.00000000 | 2.73895400 | 0.00000000 | 606.94480020 | |||||||||||||||||||||||||||||
X-A | 0.00 | 0.79361 | % | 623.04271442 | 0.41204283 | 0.00000000 | 0.00000000 | 0.00000000 | 0.41204283 | 0.00000000 | 584.29873842 | |||||||||||||||||||||||||||||
X-B | 0.00 | 0.46231 | % | 1000.00000000 | 0.38526164 | 0.00000000 | 0.00000000 | 0.00000000 | 0.36023906 | 0.00000000 | 1000.00000000 | |||||||||||||||||||||||||||||
B-1 | 7,067,000.00 | 4.91000 | % | 1000.00000000 | 4.09166690 | 0.00000000 | 0.00000000 | 0.00000000 | 4.09166690 | 0.00000000 | 1000.00000000 | |||||||||||||||||||||||||||||
B-2 | 3,949,000.00 | 5.19000 | % | 1000.00000000 | 4.32499873 | 0.00000000 | 0.00000000 | 0.00000000 | 4.32499873 | 0.00000000 | 1000.00000000 | |||||||||||||||||||||||||||||
B-3 | 2,495,000.00 | 5.74000 | % | 1000.00000000 | 4.78333467 | 0.00000000 | 0.00000000 | 0.00000000 | 4.78333467 | 0.00000000 | 1000.00000000 | |||||||||||||||||||||||||||||
B-4 | 1,455,000.00 | 5.57740 | % | 1000.00000000 | 4.64782818 | 0.00000000 | 0.00000000 | 0.00000000 | 4.64782818 | 0.00000000 | 1000.00000000 | |||||||||||||||||||||||||||||
B-5 | 831,000.00 | 5.57740 | % | 1000.00000000 | 4.64783394 | 0.00000000 | 0.00000000 | 0.00000000 | 4.64783394 | 0.00000000 | 1000.00000000 | |||||||||||||||||||||||||||||
B-6 | 1,871,544.03 | 5.57740 | % | 1000.00000000 | 4.64783081 | 0.00000000 | 0.00000000 | 0.00000000 | 4.64783081 | 0.00000000 | 1000.00000000 | |||||||||||||||||||||||||||||
A-R | 100.00 | 3.93685 | % | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 2.40000000 | 0.00000000 | 0.00000000 | |||||||||||||||||||||||||||||
(1, 2) Amount also includes coupon cap or basis risk shortfalls, if applicable.
Per $1 denomination
Certificateholder Account Statement
Certificate Account | ||||
Beginning Balance | 0.00 | |||
Deposits | ||||
Payments of Interest and Principal | 16,740,238.40 | |||
Reserve Funds and Credit Enhancements | 0.00 | |||
Proceeds from Repurchased Loans | 0.00 | |||
Servicer Advances | 25,058.57 | |||
Realized Losses (Gains, Subsequent Expenses & Recoveries) | 0.00 | |||
Prepayment Penalties | 0.00 | |||
Swap/Cap Payments | 0.00 | |||
Total Deposits | 16,765,296.97 | |||
Withdrawals | ||||
Swap Payments | 0.00 | |||
Reserve Funds and Credit Enhancements | 0.00 | |||
Reimbursement for Servicer Advances | 21,837.31 | |||
Total Administration Fees | 85,825.12 | |||
Payment of Interest and Principal | 16,657,634.54 | |||
Total Withdrawals (Pool Distribution Amount) | 16,765,296.97 | |||
Ending Balance | 0.00 | |||
2
Prepayment/Curtailment Interest Shortfall | ||||
Total Prepayment/Curtailment Interest Shortfall | 0.00 | |||
Servicing Fee Support | 0.00 | |||
Non-Supported Prepayment Curtailment Interest Shortfall | 0.00 | |||
Administration Fees | ||||
Gross Servicing Fee* | 83,057.68 | |||
Master Servicing Fee | 2,767.44 | |||
Supported Prepayment/Curtailment Interest Shortfall | 0.00 | |||
Total Administration Fees | 85,825.12 | |||
*Servicer Payees include: BANK OF AMERICA (NY); GMAC MTG CORP; MORGAN STANLEY DEAN WITTER; PHH US MTG CORP |
Reserve Accounts | ||||||||||||||||
Account Type | Beginning Balance | Current Withdrawals | Current Deposits | Ending Balance | ||||||||||||
X-A Pool 1 Reserve Fund | 4,500.00 | 0.00 | 0.00 | 4,500.00 | ||||||||||||
X-A Pool 2 Reserve Fund | 4,500.00 | 0.00 | 0.00 | 4,500.00 | ||||||||||||
X-B Reserve Fund | 1,000.00 | 338.08 | 338.08 | 1,000.00 |
3
Collateral Statement | ||||
Collateral Description | Mixed ARM | |||
Weighted Average Gross Coupon | 5.967737 | % | ||
Weighted Average Net Coupon | 5.592580 | % | ||
Weighted Average Pass-Through Rate | 5.580080 | % | ||
Weighted Average Remaining Term | 325 | |||
Beginning Scheduled Collateral Loan Count | 816 | |||
Number of Loans Paid in Full | 40 | |||
Ending Scheduled Collateral Loan Count | 776 | |||
Beginning Scheduled Collateral Balance | 265,673,811.72 | |||
Ending Scheduled Collateral Balance | 250,251,578.35 | |||
Ending Actual Collateral Balance at 31-Jan-2006 | 250,251,940.68 | |||
Monthly P&I Constant | 1,321,584.84 | |||
Special Servicing Fee | 0.00 | |||
Prepayment Penalty Waived Amount | 0.00 | |||
Prepayment Penalty Waived Count | 0 | |||
Prepayment Penalty Paid Amount | 0.00 | |||
Prepayment Penalty Paid Count | 0 | |||
Realized Loss Amount | 0.00 | |||
Cumulative Realized Loss | 0.00 | |||
Class A Optimal Amount | 16,575,175.82 | |||
Scheduled Principal | 358.69 | |||
Unscheduled Principal | 15,421,874.68 |
4
Group | Pool One | Pool Two | Total | |||||||||
Collateral Description | Mixed ARM | 6 Month LIBOR ARM | Mixed ARM | |||||||||
Weighted Average Coupon Rate | 5.918103 | 6.104958 | 5.967737 | |||||||||
Weighted Average Net Rate | 5.543103 | 5.729370 | 5.592580 | |||||||||
Pass-Through Rate | 5.530603 | 5.716870 | 5.580080 | |||||||||
Weighted Average Remaining Term | 323 | 330 | 325 | |||||||||
Record Date | 01/31/2006 | 01/31/2006 | 01/31/2006 | |||||||||
Principal and Interest Constant | 962,560.25 | 359,024.59 | 1,321,584.84 | |||||||||
Beginning Loan Count | 595 | 221 | 816 | |||||||||
Loans Paid in Full | 28 | 12 | 40 | |||||||||
Ending Loan Count | 567 | 209 | 776 | |||||||||
Beginning Scheduled Balance | 195,103,387.41 | 70,570,424.31 | 265,673,811.72 | |||||||||
Ending Scheduled Balance | 185,118,360.28 | 65,133,218.07 | 250,251,578.35 | |||||||||
Scheduled Principal | 358.69 | 0.00 | 358.69 | |||||||||
Unscheduled Principal | 9,984,668.44 | 5,437,206.24 | 15,421,874.68 | |||||||||
Scheduled Interest | 962,201.56 | 359,024.59 | 1,321,226.15 | |||||||||
Servicing Fee | 60,969.81 | 22,087.87 | 83,057.68 | |||||||||
Master Servicing Fee | 2,032.33 | 735.11 | 2,767.44 | |||||||||
Trustee Fee | 0.00 | 0.00 | 0.00 | |||||||||
FRY Amount | 0.00 | 0.00 | 0.00 | |||||||||
Special Hazard Fee | 0.00 | 0.00 | 0.00 | |||||||||
Other Fee | 0.00 | 0.00 | 0.00 | |||||||||
Pool Insurance Fee | 0.00 | 0.00 | 0.00 | |||||||||
Spread 1 | 0.00 | 0.00 | 0.00 | |||||||||
Spread 2 | 0.00 | 0.00 | 0.00 | |||||||||
Spread 3 | 0.00 | 0.00 | 0.00 | |||||||||
Net Interest | 899,199.42 | 336,201.61 | 1,235,401.03 | |||||||||
Realized Loss Amount | 0.00 | 0.00 | 0.00 | |||||||||
Cumulative Realized Loss | 0.00 | 0.00 | 0.00 | |||||||||
Percentage of Cumulative Losses | 0.00 | 0.00 | 0.00 | |||||||||
Prepayment Penalty Waived Amount | 0.00 | 0.00 | 0.00 | |||||||||
Prepayment Penalty Waived Count | 0 | 0 | 0 | |||||||||
Prepayment Penalty Paid Amount | 0.00 | 0.00 | 0.00 | |||||||||
Prepayment Penalty Paid Count | 0 | 0 | 0 | |||||||||
Special Servicing Fee | 0.00 | 0.00 | 0.00 |
Additional Reporting – Deal Level
Miscellaneous Reporting | ||||
Pro Rata Senior Percent | 93.349535 | % |
Additional Reporting – Group Level
Miscellaneous Reporting | ||||
Group Pool One | ||||
One Month Libor Loan Balance | 103,254,347.44 | |||
Six Month Libor Loan Balance | 81,864,012.84 | |||
Senior Percent | 100.000000 | % | ||
Senior Prepayment Percent | 100.000000 | % | ||
Subordinate Percent | 0.000000 | % | ||
Subordinate Prepayment Percent | 0.000000 | % | ||
Principal Transfer Amount | 0.00 | |||
Interest Transfer Amount | 0.00 | |||
Group Pool Two | ||||
Senior Percent | 100.000000 | % | ||
Senior Prepayment Percent | 100.000000 | % | ||
Subordinate Percent | 0.000000 | % | ||
Subordinate Prepayment Percent | 0.000000 | % | ||
Principal Transfer Amount | 0.00 | |||
Interest Transfer Amount | 0.00 |
5
Loan Status Stratification/Credit Enhancement Statement
DELINQUENT | BANKRUPTCY | FORECLOSURE | REO | TOTAL | ||||||||||||||||||||||||||||||||||||||||||||||||||||
No. of | Principal Balance | No. of | Principal Balance | No. of | Principal Balance | No. of | Principal Balance | No. of | Principal Balance | |||||||||||||||||||||||||||||||||||||||||||||||
Loans | Loans | Loans | Loans | Loans | ||||||||||||||||||||||||||||||||||||||||||||||||||||
0-29 Days | 0 | 0.00 | 0-29 Days | 0 | 0.00 | 0-29 Days | 0 | 0.00 | 0-29 Days | 0 | 0.00 | 0-29 Days | 0 | 0.00 | ||||||||||||||||||||||||||||||||||||||||||
30 Days | 13 | 4,061,389.95 | 30 Days | 0 | 0.00 | 30 Days | 0 | 0.00 | 30 Days | 0 | 0.00 | 30 Days | 13 | 4,061,389.95 | ||||||||||||||||||||||||||||||||||||||||||
60 Days | 3 | 853,104.15 | 60 Days | 0 | 0.00 | 60 Days | 0 | 0.00 | 60 Days | 0 | 0.00 | 60 Days | 3 | 853,104.15 | ||||||||||||||||||||||||||||||||||||||||||
90 Days | 0. | 0l.00 | 90 Days | 0 | 0.00 | 90 Days | 0 | 0.00 | 90 Days | 0 | 0.00 | 90 Days | 0. | 0l.00 | ||||||||||||||||||||||||||||||||||||||||||
120 Days | 1 | 429,999.99 | 120 Days | 0 | 0.00 | 120 Days | 0 | 0.00 | 120 Days | 0 | 0.00 | 120 Days | 1 | 429,999.99 | ||||||||||||||||||||||||||||||||||||||||||
150 Days | 0 | 0.00 | 150 Days | 0 | 0.00 | 150 Days | 0 | 0.00 | 150 Days | 0 | 0.00 | 150 Days | 0 | 0.00 | ||||||||||||||||||||||||||||||||||||||||||
180+ Days | 0 | 0.00 | 180+ Days | 0 | 0.00 | 180+ Days | 0 | 0.00 | 180+ Days | 0 | 0.00 | 180+ Days | 0 | 0.00 | ||||||||||||||||||||||||||||||||||||||||||
17 | 5,344,494.09 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 17 | 5,344,494.09 | |||||||||||||||||||||||||||||||||||||||||||||||
No. of | Principal Balance | No. of | Principal Balance | No.2 of | Principal Balance | No. of | Principal Balance | No. of | Principal Balance | |||||||||||||||||||||||||||||||||||||||||||||||
Loans | Loans | Loans | Loans | Loans | ||||||||||||||||||||||||||||||||||||||||||||||||||||
0-29 Days | 0.000000 | % | 0.000000 | % | 0-29 Days | 0.000000 | % | 0.000000 | % | 0-29 Days | 0.000000 | % | 0.000000 | % | 0-29 Days | 0.000000 | % | 0.000000 | % | 0-29 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||||||||||||||||
30 Days | 1.675258 | % | 1.622920 | % | 30 Days | 0.000000 | % | 0.000000 | % | 30 Days | 0.000000 | % | 0.000000 | % | 30 Days | 0.000000 | % | 0.000000 | % | 30 Days | 1.675258 | % | 1.622920 | % | ||||||||||||||||||||||||||||||||
60 Days | 0.386598 | % | 0.340898 | % | 60 Days | 0.000000 | % | 0.000000 | % | 60 Days | 0.000000 | % | 0.000000 | % | 60 Days | 0.000000 | % | 0.000000 | % | 60 Days | 0.386598 | % | 0.340898 | % | ||||||||||||||||||||||||||||||||
90 Days | 0.000000 | % | 0.000000 | % | 90 Days | 0.000000 | % | 0.000000 | % | 90 Days | 0.000000 | % | 0.000000 | % | 90 Days | 0.000000 | % | 0.000000 | % | 90 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||||||||||||||||
120 Days | 0.128866 | % | 0.171827 | % | 120 Days | 0.000000 | % | 0.000000 | % | 120 Days | 0.000000 | % | 0.000000 | % | 120 Days | 0.000000 | % | 0.000000 | % | 120 Days | 0.128866 | % | 0.171827 | % | ||||||||||||||||||||||||||||||||
150 Days | 0.000000 | % | 0.000000 | % | 150 Days | 0.000000 | % | 0.000000 | % | 150 Days | 0.000000 | % | 0.000000 | % | 150 Days | 0.000000 | % | 0.000000 | % | 150 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||||||||||||||||
180+ Days | 0.000000 | % | 0.000000 | % | 180+ Days | 0.000000 | % | 0.000000 | % | 180+ Days | 0.000000 | % | 0.000000 | % | 180+ Days | 0.000000 | % | 0.000000 | % | 180+ Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||||||||||||||||
2.190722 | % | 2.135645 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 2.190722 | % | 2.135645 | % |
Current Period Class A Insufficient Funds: 0.00 | Principal Balance of Contaminated Properties 0.00 | Periodic Advance 25,058.57 |
Subordination Level/Credit Enhancement/Class Percentage and Prepayment Percentage
Original $ | Original% | Current $ | Current % | Current Class % | Prepayment % | |||||||||||||||||||
Class A | 17,668,544.03 | 4.25006956 | % | 17,668,544.03 | 7.06031272 | % | 92.939687 | % | 0.000000 | % | ||||||||||||||
Class B-1 | 10,601,544.03 | 2.55014219 | % | 10,601,544.03 | 4.23635451 | % | 2.823958 | % | 39.997636 | % | ||||||||||||||
Class B-2 | 6,652,544.03 | 1.60023230 | % | 6,652,544.03 | 2.65834249 | % | 1.578012 | % | 22.350455 | % | ||||||||||||||
Class B-3 | 4,157,544.03 | 1.00007399 | % | 4,157,544.03 | 1.66134578 | % | 0.996997 | % | 14.121141 | % | ||||||||||||||
Class B-4 | 2,702,544.03 | 0.65008187 | % | 2,702,544.03 | 1.07993086 | % | 0.581415 | % | 8.234974 | % | ||||||||||||||
Class B-5 | 1,871,544.03 | 0.45018946 | % | 1,871,544.03 | 0.74786503 | % | 0.332066 | % | 4.703274 | % | ||||||||||||||
Class B-6 | 0.00 | 0.00000000 | % | 0.00 | 0.00000000 | % | 0.747865 | % | 10.592520 | % | ||||||||||||||
Please refer to the prospectus supplement for a full description of loss exposure | ||||||||||||||||||||||||
|
6
Delinquency Status by Group
DELINQUENT | BANKRUPTCY | FORECLOSURE | REO | TOTAL | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Group One | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||
No. of | Principal Balance | No. of | Principal Balance | No. of | Principal Balance | No. of | Principal Balance | No. of | Principal Balance | |||||||||||||||||||||||||||||||||||||||||||||||
Loans | Loans | Loans | Loans | Loans | ||||||||||||||||||||||||||||||||||||||||||||||||||||
0-29 Days | 0 | 0.00 | 0-29 Days | 0 | 0.00 | 0-29 Days | 0 | 0.00 | 0-29 Days | 0 | 0.00 | 0-29 Days | 0 | 0.00 | ||||||||||||||||||||||||||||||||||||||||||
30 Days | 12 | 3,561,389.95 | 30 Days | 0 | 0.00 | 30 Days | 0 | 0.00 | 30 Days | 0 | 0.00 | 30 Days | 12 | 3,561,389.95 | ||||||||||||||||||||||||||||||||||||||||||
60 Days | 2 | 757,176.65 | 60 Days | 0 | 0.00 | 60 Days | 0 | 0.00 | 60 Days | 0 | 0.00 | 60 Days | 2 | 757,176.65 | ||||||||||||||||||||||||||||||||||||||||||
90 Days | 0 | 0.00 | 90 Days | 0 | 0.00 | 90 Days | 0 | 0.00 | 90 Days | 0 | 0.00 | 90 Days | 0 | 0.00 | ||||||||||||||||||||||||||||||||||||||||||
120 Days | 1 | 429,999.99 | 120 Days | 0 | 0.00 | 120 Days | 0 | 0.00 | 120 Days | 0 | 0.00 | 120 Days | 1 | 429,999.99 | ||||||||||||||||||||||||||||||||||||||||||
150 Days | 0 | 0.00 | 150 Days | 0 | 0.00 | 150 Days | 0 | 0.00 | 150 Days | 0 | 0.00 | 150 Days | 0 | 0.00 | ||||||||||||||||||||||||||||||||||||||||||
180+ Days | 0 | 0.00 | 180+ Days | 0 | 0.00 | 180+ Days | 0 | 0.00 | 180+ Days | 0 | 0.00 | 180+ Days | 0 | 0.00 | ||||||||||||||||||||||||||||||||||||||||||
15 | 4,748,566.59 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 15 | 4,748,566.59 | |||||||||||||||||||||||||||||||||||||||||||||||
No. of | Principal Balance | No. of | Principal Balance | No. of | Principal Balance | No. of | Principal Balance | No. of | Principal Balance | |||||||||||||||||||||||||||||||||||||||||||||||
Loans | Loans | Loans | Loans | Loans | ||||||||||||||||||||||||||||||||||||||||||||||||||||
0-29 Days | 0.000000 | % | 0.000000 | % | 0-29 Days | 0.000000 | % | 0.000000 | % | 0-29 Days | 0.000000 | % | 0.000000 | % | 0-29 Days | 0.000000 | % | 0.000000 | % | 0-29 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||||||||||||||||
30 Days | 2.116402 | % | 1.923841 | % | 30 Days | 0.000000 | % | 0.000000 | % | 30 Days | 0.000000 | % | 0.000000 | % | 30 Days | 0.000000 | % | 0.000000 | % | 30 Days | 2.116402 | % | 1.923841 | % | ||||||||||||||||||||||||||||||||
60 Days | 0.352734 | % | 0.409022 | % | 60 Days | 0.000000 | % | 0.000000 | % | 60 Days | 0.000000 | % | 0.000000 | % | 60 Days | 0.000000 | % | 0.000000 | % | 60 Days | 0.352734 | % | 0.409022 | % | ||||||||||||||||||||||||||||||||
90 Days | 0.000000 | % | 0.000000 | % | 90 Days | 0.000000 | % | 0.000000 | % | 90 Days | 0.000000 | % | 0.000000 | % | 90 Days | 0.000000 | % | 0.000000 | % | 90 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||||||||||||||||
120 Days | 0.176367 | % | 0.232283 | % | 120 Days | 0.000000 | % | 0.000000 | % | 120 Days | 0.000000 | % | 0.000000 | % | 120 Days | 0.000000 | % | 0.000000 | % | 120 Days | 0.176367 | % | 0.232283 | % | ||||||||||||||||||||||||||||||||
150 Days | 0.000000 | % | 0.000000 | % | 150 Days | 0.000000 | % | 0.000000 | % | 150 Days | 0.000000 | % | 0.000000 | % | 150 Days | 0.000000 | % | 0.000000 | % | 150 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||||||||||||||||
180+ Days | 0.000000 | % | 0.000000 | % | 180+ Days | 0.000000 | % | 0.000000 | % | 180+ Days | 0.000000 | % | 0.000000 | % | 180+ Days | 0.000000 | % | 0.000000 | % | 180+ Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||||||||||||||||
2.645503 | % | 2.565147 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 2.645503 | % | 2.565147 | % |
DELINQUENT | BANKRUPTCY | FORECLOSURE | REO | TOTAL | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Group Two | 1.183654% | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||
No. of | Principal Balance | No. of | Principal Balance | No. of | Principal Balance | No. of | Principal Balance | No. of | Principal Balance | |||||||||||||||||||||||||||||||||||||||||||||||
Loans | Loans | Loans | Loans | Loans | ||||||||||||||||||||||||||||||||||||||||||||||||||||
0-29 Days | 0 | 0.00 | 0-29 Days | 0 | 0.00 | 0-29 Days | 0 | 0.00 | 0-29 Days | 0 | 0.00 | 0-29 Days | 0 | 0.00 | ||||||||||||||||||||||||||||||||||||||||||
30 Days | 1 | 500,000.00 | 30 Days | 0 | 0.00 | 30 Days | 0 | 0.00 | 30 Days | 0 | 0.00 | 30 Days | 1 | 500,000.00 | ||||||||||||||||||||||||||||||||||||||||||
60 Days | 1 | 95,927.50 | 60 Days | 0 | 0.00 | 60 Days | 0 | 0.00 | 60 Days | 0 | 0.00 | 60 Days | 1 | 95,927.50 | ||||||||||||||||||||||||||||||||||||||||||
90 Days | 0 | 0.00 | 90 Days | 0 | 0.00 | 90 Days | 0 | 0.00 | 90 Days | 0 | 0.00 | 90 Days | 0 | 0.00 | ||||||||||||||||||||||||||||||||||||||||||
120 Days | 0 | 0.00 | 120 Days | 0 | 0.00 | 120 Days | 0 | 0.00 | 120 Days | 0 | 0.00 | 120 Days | 0 | 0.00 | ||||||||||||||||||||||||||||||||||||||||||
150 Days | 0 | 0.00 | 150 Days | 0 | 0.00 | 150 Days | 0 | 0.00 | 150 Days | 0 | 0.00 | 150 Days | 0 | 0.00 | ||||||||||||||||||||||||||||||||||||||||||
180+ Days | 0 | 0.00 | 180+ Days | 0 | 0.00 | 180+ Days | 0 | 0.00 | 180+ Days | 0 | 0.00 | 180+ Days | 0 | 0.00 | ||||||||||||||||||||||||||||||||||||||||||
2 | 595,927.50 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 2 | 595,927.50 | |||||||||||||||||||||||||||||||||||||||||||||||
No. of | Principal Balance | No. of | Principal Balance | No. of | Principal Balance | No. of | Principal Balance | No. of | Principal Balance | |||||||||||||||||||||||||||||||||||||||||||||||
Loans | Loans | Loans | Loans | Loans | ||||||||||||||||||||||||||||||||||||||||||||||||||||
0-29 Days | 0.000000 | % | 0.000000 | % | 0-29 Days | 0.000000 | % | 0.000000 | % | 0-29 Days | 0.000000 | % | 0.000000 | % | 0-29 Days | 0.000000 | % | 0.000000 | % | 0-29 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||||||||||||||||
30 Days | 0.478469 | % | 0.767657 | % | 30 Days | 0.000000 | % | 0.000000 | % | 30 Days | 0.000000 | % | 0.000000 | % | 30 Days | 0.000000 | % | 0.000000 | % | 30 Days | 0.478469 | % | 0.767657 | % | ||||||||||||||||||||||||||||||||
60 Days | 0.478469 | % | 0.147279 | % | 60 Days | 0.000000 | % | 0.000000 | % | 60 Days | 0.000000 | % | 0.000000 | % | 60 Days | 0.000000 | % | 0.000000 | % | 60 Days | 0.478469 | % | 0.147279 | % | ||||||||||||||||||||||||||||||||
90 Days | 0.000000 | % | 0.000000 | % | 90 Days | 0.000000 | % | 0.000000 | % | 90 Days | 0.000000 | % | 0.000000 | % | 90 Days | 0.000000 | % | 0.000000 | % | 90 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||||||||||||||||
120 Days | 0.000000 | % | 0.000000 | % | 120 Days | 0.000000 | % | 0.000000 | % | 120 Days | 0.000000 | % | 0.000000 | % | 120 Days | 0.000000 | % | 0.000000 | % | 120 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||||||||||||||||
150 Days | 0.000000 | % | 0.000000 | % | 150 Days | 0.000000 | % | 0.000000 | % | 150 Days | 0.000000 | % | 0.000000 | % | 150 Days | 0.000000 | % | 0.000000 | % | 150 Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||||||||||||||||
180+ Days | 0.000000 | % | 0.000000 | % | 180+ Days | 0.000000 | % | 0.000000 | % | 180+ Days | 0.000000 | % | 0.000000 | % | 180+ Days | 0.000000 | % | 0.000000 | % | 180+ Days | 0.000000 | % | 0.000000 | % | ||||||||||||||||||||||||||||||||
0.956938 | % | 0.914936 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 0.000000 | % | 0.956938 | % | 0.914936 | % |
7