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Fremont Home Loan Trust 2005-2 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
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2005-2 | | | | | |
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October 25, 2005 Distribution | | | | | |
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| | | External Parties | Table of Contents | | | | | |
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| | | | | | | | | | | Page | | | | | |
| | Seller | | | | | | | | | | | |
| | | | | 1. Certificate Payment Report | 2 | | | | | |
| | Greenwich Capital Financial Products, In | | | | | | |
| | | 2. Collection Account Report | 6 | | | | | |
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| | | | | | | | 3. Credit Enhancement Report | 8 | | | | | |
| | | | | | | | 4. Collateral Report | 9 | | | | | |
| | Certificate Insurer(s) | | | 5. Delinquency Report | 12 | | | | | |
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| | | | | | | | 6. REO Report | 15 | | | | | |
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| | | | | | | | 7. Foreclosure Report | 16 | | | | | |
| | | | | | | | 8. Prepayment Report | 17 | | | | | |
| | | | | | | | 9. Prepayment Detail Report | 20 | | | | | |
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| | | | | | | | 10. Realized Loss Report | 22 | | | | | |
| | | | | | | | 11. Realized Loss Detail Report | 25 | | | | | |
| | Servicer(s) | | | | | | | |
| | | | 12. Triggers and Adj. Cert. Report | 26 | | | | | |
| | Litton Loan Servicing | | | | | |
| | 13. Additional Certificate Report | 27 | | | | | |
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| | | | | | | | 14. Other Related Information | 28 | | | | | |
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| | Underwriter(s) | | | | | | | | | | | | | | |
| | Greenwich Capital Markets | | | | | | | | | | | |
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| | | | | | | | Total Number of Pages | | 28 | | | | | |
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| | Dates | Contacts | | | | | |
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| | Cut-Off Date: | July 01, 2005 | Eiko Akiyama | | | | |
| | Close Date: | July 28, 2005 | Administrator | | | | | | | | |
| | First Distribution Date: | August 25, 2005 | (714) 247-6328 | | | | | |
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| | | | | | | | Address: | | | | | | |
| | | | | | | | 1761 East St. Andrew Place, Santa Ana, CA 92514 | | | | |
| | Distribution Date: | October 25, 2005 | | | | | | | | | | | |
| | | | | | | | Factor Information: | (800) 735-7777 | | | | | |
| | Record Date: | September 30, 2005 | | | | | |
| | Main Phone Number: | (714) 247-6000 | | | | | |
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| | | | | October 24, 2005 | | | | | |
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| | | | | | | | https://www.tss.db.com/invr | | | | | |
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Page 1 of 28 | | | | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-2 | | | | |
| | | | | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | | | | |
Certificate Payment Report | | | | |
Current Period Distribution - REMIC II | | | | | |
| | | | Prior | | | | | | Current | | |
| Class | | Original | Principal | | | Total | Realized | Deferred | Principal | | |
| |
Class | Type | Cur | Face Value | Balance | Interest | Principal | Distribution | Loss | Interest | Balance | | |
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| | | | (1) | (2) | (3) | (4)=(2)+(3) | (5) | (6) | (7)=(1)-(3)-(5)+(6) | | |
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I-A1 | SR | $ | 217,746,000.00 | 208,095,728.56 | 683,941.29 | 3,561,232.68 | 4,245,173.97 | 0.00 | 0.00 | 204,534,495.88 | | |
| |
I-A2 | SR | $ | 54,436,000.00 | 52,023,454.29 | 173,079.14 | 890,299.99 | 1,063,379.13 | 0.00 | 0.00 | 51,133,154.30 | | |
II-A1 | SR | $ | 123,500,000.00 | 114,157,458.90 | 362,323.09 | 7,105,944.22 | 7,468,267.31 | 0.00 | 0.00 | 107,051,514.68 | | |
II-A2 | SR | $ | 154,300,000.00 | 154,300,000.00 | 507,132.67 | 0.00 | 507,132.67 | 0.00 | 0.00 | 154,300,000.00 | | |
II-A3 | SR | $ | 15,999,000.00 | 15,999,000.00 | 54,258.83 | 0.00 | 54,258.83 | 0.00 | 0.00 | 15,999,000.00 | | |
M-1 | MEZ | $ | 40,019,000.00 | 40,019,000.00 | 138,298.99 | 0.00 | 138,298.99 | 0.00 | 0.00 | 40,019,000.00 | | |
M-2 | MEZ | $ | 27,441,000.00 | 27,441,000.00 | 95,273.63 | 0.00 | 95,273.63 | 0.00 | 0.00 | 27,441,000.00 | | |
M-3 | MEZ | $ | 18,675,000.00 | 18,675,000.00 | 65,139.44 | 0.00 | 65,139.44 | 0.00 | 0.00 | 18,675,000.00 | | |
M-4 | MEZ | $ | 13,721,000.00 | 13,721,000.00 | 49,185.97 | 0.00 | 49,185.97 | 0.00 | 0.00 | 13,721,000.00 | | |
M-5 | MEZ | $ | 13,340,000.00 | 13,340,000.00 | 48,142.58 | 0.00 | 48,142.58 | 0.00 | 0.00 | 13,340,000.00 | | |
M-6 | MEZ | $ | 11,815,000.00 | 11,815,000.00 | 43,114.90 | 0.00 | 43,114.90 | 0.00 | 0.00 | 11,815,000.00 | | |
M-7 | MEZ | $ | 12,196,000.00 | 12,196,000.00 | 49,417.51 | 0.00 | 49,417.51 | 0.00 | 0.00 | 12,196,000.00 | | |
M-8 | MEZ | $ | 9,528,000.00 | 9,528,000.00 | 40,141.99 | 0.00 | 40,141.99 | 0.00 | 0.00 | 9,528,000.00 | | |
M-9 | MEZ | $ | 8,004,000.00 | 8,004,000.00 | 36,622.75 | 0.00 | 36,622.75 | 0.00 | 0.00 | 8,004,000.00 | | |
B-1 | SUB | $ | 7,623,000.00 | 7,623,000.00 | 40,406.14 | 0.00 | 40,406.14 | 0.00 | 0.00 | 7,623,000.00 | | |
B-2 | SUB | $ | 9,147,000.00 | 9,147,000.00 | 48,484.18 | 0.00 | 48,484.18 | 0.00 | 0.00 | 9,147,000.00 | | |
B-3 | SUB | $ | 6,098,000.00 | 6,098,000.00 | 32,322.79 | 0.00 | 32,322.79 | 0.00 | 0.00 | 6,098,000.00 | | |
B-4 | SUB | $ | 7,241,000.00 | 7,241,000.00 | 38,381.32 | 0.00 | 38,381.32 | 0.00 | 0.00 | 7,241,000.00 | | |
B-5 | SUB | $ | 7,623,000.00 | 7,623,000.00 | 40,406.14 | 0.00 | 40,406.14 | 0.00 | 0.00 | 7,623,000.00 | | |
C | SEQ/NOF | $ | 3,810,846.91 | 3,811,314.73 | 1,583,800.78 | 0.00 | 1,583,800.78 | 0.00 | 0.00 | 3,811,314.73 | | |
P | SEQ/NOF | $ | 100.00 | 100.00 | 198,010.38 | 0.00 | 198,010.38 | 0.00 | 0.00 | 100.00 | | |
R | RES/NPR | $ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | |
R-1 | NOF/RES | $ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | |
R-2 | NOF/RES | $ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | |
R-X | NOF/RES | $ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | |
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Total | | | 762,262,946.91 | 740,858,056.48 | 4,327,884.51 | 11,557,476.89 | 15,885,361.40 | 0.00 | 0.00 | 729,300,579.59 | | |
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Page 2 of 28 | | | | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-2 | | | | |
| | | | | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | | | | |
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Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face- | | | | | |
| | | | | Orig. Principal | Prior | | | | Current |
|
| Period | Period | | | (with Notional) | Principal | | | Total | Principal |
| | | | | | | | | | | | | | | |
Class | Starting | Ending | Method | Cusip | Balance | Balance | Interest | Principal | Distribution | Balance |
| | | | | | | | | | | | | | | | | | | | |
| | | | | (1) | (1) | (2) | (3) | (4)=(2)+(3) | (5) |
I-A1 | 09/26/05 | 10/24/05 | A-Act/360 | 35729PLF5 | 217,746,000.00 | 955.681062 | 3.141005 | 16.354986 | 19.495991 | 939.326077 |
I-A2 | 09/26/05 | 10/24/05 | A-Act/360 | 35729PLG3 | 54,436,000.00 | 955.681062 | 3.179498 | 16.354985 | 19.534483 | 939.326076 |
II-A1 | 09/26/05 | 10/24/05 | A-Act/360 | 35729PLH1 | 123,500,000.00 | 924.351894 | 2.933790 | 57.538010 | 60.471800 | 866.813884 |
II-A2 | 09/26/05 | 10/24/05 | A-Act/360 | 35729PLJ7 | 154,300,000.00 | 1,000.000000 | 3.286667 | 0.000000 | 3.286667 | 1,000.000000 |
II-A3 | 09/26/05 | 10/24/05 | A-Act/360 | 35729PLK4 | 15,999,000.00 | 1,000.000000 | 3.391389 | 0.000000 | 3.391389 | 1,000.000000 |
M-1 | 09/26/05 | 10/24/05 | A-Act/360 | 35729PLL2 | 40,019,000.00 | 1,000.000000 | 3.455833 | 0.000000 | 3.455833 | 1,000.000000 |
M-2 | 09/26/05 | 10/24/05 | A-Act/360 | 35729PLM0 | 27,441,000.00 | 1,000.000000 | 3.471945 | 0.000000 | 3.471945 | 1,000.000000 |
M-3 | 09/26/05 | 10/24/05 | A-Act/360 | 35729PLN8 | 18,675,000.00 | 1,000.000000 | 3.488056 | 0.000000 | 3.488056 | 1,000.000000 |
M-4 | 09/26/05 | 10/24/05 | A-Act/360 | 35729PLP3 | 13,721,000.00 | 1,000.000000 | 3.584722 | 0.000000 | 3.584722 | 1,000.000000 |
M-5 | 09/26/05 | 10/24/05 | A-Act/360 | 35729PLQ1 | 13,340,000.00 | 1,000.000000 | 3.608889 | 0.000000 | 3.608889 | 1,000.000000 |
M-6 | 09/26/05 | 10/24/05 | A-Act/360 | 35729PLR9 | 11,815,000.00 | 1,000.000000 | 3.649166 | 0.000000 | 3.649166 | 1,000.000000 |
M-7 | 09/26/05 | 10/24/05 | A-Act/360 | 35729PLS7 | 12,196,000.00 | 1,000.000000 | 4.051944 | 0.000000 | 4.051944 | 1,000.000000 |
M-8 | 09/26/05 | 10/24/05 | A-Act/360 | 35729PLT5 | 9,528,000.00 | 1,000.000000 | 4.213055 | 0.000000 | 4.213055 | 1,000.000000 |
M-9 | 09/26/05 | 10/24/05 | A-Act/360 | 35729PLU2 | 8,004,000.00 | 1,000.000000 | 4.575556 | 0.000000 | 4.575556 | 1,000.000000 |
B-1 | 09/26/05 | 10/24/05 | A-Act/360 | 35729PLV0 | 7,623,000.00 | 1,000.000000 | 5.300556 | 0.000000 | 5.300556 | 1,000.000000 |
B-2 | 09/26/05 | 10/24/05 | A-Act/360 | 35729PLW8 | 9,147,000.00 | 1,000.000000 | 5.300555 | 0.000000 | 5.300555 | 1,000.000000 |
B-3 | 09/26/05 | 10/24/05 | A-Act/360 | 35729PLX6 | 6,098,000.00 | 1,000.000000 | 5.300556 | 0.000000 | 5.300556 | 1,000.000000 |
B-4 | 09/26/05 | 10/24/05 | A-Act/360 | 35729PLY4 | 7,241,000.00 | 1,000.000000 | 5.300555 | 0.000000 | 5.300555 | 1,000.000000 |
B-5 | 09/26/05 | 10/24/05 | A-Act/360 | 35729PLZ1 | 7,623,000.00 | 1,000.000000 | 5.300556 | 0.000000 | 5.300556 | 1,000.000000 |
C | 09/25/05 | 10/24/05 | F-30/360 | | 3,810,846.91 | 1,000.122760 | 415.603360 | 0.000000 | 415.603360 | 1,000.122760 |
P | 09/25/05 | 10/24/05 | F-30/360 | | 100.00 | 1,000.000000 | 1,980,103.800000 | 0.000000 | 1,980,103.800000 | 1,000.000000 |
R | 09/25/05 | 10/24/05 | F-30/360 | | 0.00 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
R-1 | 09/25/05 | 10/24/05 | F-30/360 | | 0.00 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
R-2 | 09/25/05 | 10/24/05 | F-30/360 | | 0.00 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
R-X | 09/25/05 | 10/24/05 | F-30/360 | | 0.00 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
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Page 3 of 28 | | | | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-2 | | | | |
| | | | | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | | | | |
| | | | | | | | | | | | | | | | | | | | |
Distribution to Date - REMIC II | | | | | |
| | | | | | | | | Current | | |
| |
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| Original | | Unscheduled | Scheduled | Total | Total | Realized | Deferred | Principal | | |
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Class | Face Value | Interest | Principal | Principal | Principal | Distribution | Loss | Interest | Balance | | |
| (1) | (2) | (3) | (4) | (5)=(3)+(4) | (6)=(2)+(5) | (7) | (8) | (9)=(1)-(5)-(7)+(8) | | |
I-A1 | 217,746,000.00 | 2,054,425.12 | 12,664,099.72 | 547,404.40 | 13,211,504.12 | 15,265,929.24 | 0.00 | 0.00 | 204,534,495.88 | | |
I-A2 | 54,436,000.00 | 520,186.40 | 3,165,995.85 | 136,849.84 | 3,302,845.70 | 3,823,032.10 | 0.00 | 0.00 | 51,133,154.30 | | |
II-A1 | 123,500,000.00 | 1,112,171.31 | 15,841,519.02 | 606,966.30 | 16,448,485.32 | 17,560,656.63 | 0.00 | 0.00 | 107,051,514.68 | | |
II-A2 | 154,300,000.00 | 1,488,630.69 | 0.00 | 0.00 | 0.00 | 1,488,630.69 | 0.00 | 0.00 | 154,300,000.00 | | |
II-A3 | 15,999,000.00 | 159,494.48 | 0.00 | 0.00 | 0.00 | 159,494.48 | 0.00 | 0.00 | 15,999,000.00 | | |
M-1 | 40,019,000.00 | 406,865.39 | 0.00 | 0.00 | 0.00 | 406,865.39 | 0.00 | 0.00 | 40,019,000.00 | | |
M-2 | 27,441,000.00 | 280,344.12 | 0.00 | 0.00 | 0.00 | 280,344.12 | 0.00 | 0.00 | 27,441,000.00 | | |
M-3 | 18,675,000.00 | 191,711.85 | 0.00 | 0.00 | 0.00 | 191,711.85 | 0.00 | 0.00 | 18,675,000.00 | | |
M-4 | 13,721,000.00 | 144,926.15 | 0.00 | 0.00 | 0.00 | 144,926.15 | 0.00 | 0.00 | 13,721,000.00 | | |
M-5 | 13,340,000.00 | 141,891.28 | 0.00 | 0.00 | 0.00 | 141,891.28 | 0.00 | 0.00 | 13,340,000.00 | | |
M-6 | 11,815,000.00 | 127,131.03 | 0.00 | 0.00 | 0.00 | 127,131.03 | 0.00 | 0.00 | 11,815,000.00 | | |
M-7 | 12,196,000.00 | 146,306.26 | 0.00 | 0.00 | 0.00 | 146,306.26 | 0.00 | 0.00 | 12,196,000.00 | | |
M-8 | 9,528,000.00 | 119,011.34 | 0.00 | 0.00 | 0.00 | 119,011.34 | 0.00 | 0.00 | 9,528,000.00 | | |
M-9 | 8,004,000.00 | 108,879.97 | 0.00 | 0.00 | 0.00 | 108,879.97 | 0.00 | 0.00 | 8,004,000.00 | | |
B-1 | 7,623,000.00 | 120,658.33 | 0.00 | 0.00 | 0.00 | 120,658.33 | 0.00 | 0.00 | 7,623,000.00 | | |
B-2 | 9,147,000.00 | 144,780.49 | 0.00 | 0.00 | 0.00 | 144,780.49 | 0.00 | 0.00 | 9,147,000.00 | | |
B-3 | 6,098,000.00 | 96,520.34 | 0.00 | 0.00 | 0.00 | 96,520.34 | 0.00 | 0.00 | 6,098,000.00 | | |
B-4 | 7,241,000.00 | 114,611.96 | 0.00 | 0.00 | 0.00 | 114,611.96 | 0.00 | 0.00 | 7,241,000.00 | | |
B-5 | 7,623,000.00 | 120,658.33 | 0.00 | 0.00 | 0.00 | 120,658.33 | 0.00 | 0.00 | 7,623,000.00 | | |
C | 3,810,846.91 | 5,004,228.71 | -440.08 | -27.74 | 0.00 | 5,004,228.71 | 0.00 | 467.82 | 3,811,314.73 | | |
P | 100.00 | 565,439.00 | 0.00 | 0.00 | 0.00 | 565,439.00 | 0.00 | 0.00 | 100.00 | | |
R | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | |
R-1 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | |
R-2 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | |
R-X | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | |
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Total | 762,262,946.91 | 13,168,872.55 | 31,671,174.51 | 1,291,192.80 | 32,962,835.14 | 46,131,707.69 | 0.00 | 467.82 | 729,300,579.59 | | |
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Page 4 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
Interest Detail - REMIC II | | |
| Pass | Prior Principal | | Non- | Prior | Unscheduled | | Paid or | Current |
|
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| Through | (with Notional) | Accrued | Supported | Unpaid | Interest | Optimal | Deferred | Unpaid | | |
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Class | Rate | Balance | Interest | Interest SF | Interest | Adjustment | Interest | Interest | Interest | | |
| | | (1) | (2) | (3) | (4) | (5)=(1)-(2)+(3)+(4) | (6) | (7)=(5)-(6) | | |
I-A1 | 4.08000% | 208,095,728.56 | 683,941.29 | 0.00 | 0.00 | 0.00 | 683,941.29 | 683,941.29 | 0.00 | | |
I-A2 | 4.13000% | 52,023,454.29 | 173,079.14 | 0.00 | 0.00 | 0.00 | 173,079.14 | 173,079.14 | 0.00 | | |
II-A1 | 3.94000% | 114,157,458.90 | 362,323.09 | 0.00 | 0.00 | 0.00 | 362,323.09 | 362,323.09 | 0.00 | | |
II-A2 | 4.08000% | 154,300,000.00 | 507,132.67 | 0.00 | 0.00 | 0.00 | 507,132.67 | 507,132.67 | 0.00 | | |
II-A3 | 4.21000% | 15,999,000.00 | 54,258.83 | 0.00 | 0.00 | 0.00 | 54,258.83 | 54,258.83 | 0.00 | | |
M-1 | 4.29000% | 40,019,000.00 | 138,298.99 | 0.00 | 0.00 | 0.00 | 138,298.99 | 138,298.99 | 0.00 | | |
M-2 | 4.31000% | 27,441,000.00 | 95,273.63 | 0.00 | 0.00 | 0.00 | 95,273.63 | 95,273.63 | 0.00 | | |
M-3 | 4.33000% | 18,675,000.00 | 65,139.44 | 0.00 | 0.00 | 0.00 | 65,139.44 | 65,139.44 | 0.00 | | |
M-4 | 4.45000% | 13,721,000.00 | 49,185.97 | 0.00 | 0.00 | 0.00 | 49,185.97 | 49,185.97 | 0.00 | | |
M-5 | 4.48000% | 13,340,000.00 | 48,142.58 | 0.00 | | 0.00 | 0.00 | 48,142.58 | 48,142.58 | 0.00 | | |
M-6 | 4.53000% | 11,815,000.00 | 43,114.90 | 0.00 | 0.00 | 0.00 | 43,114.90 | 43,114.90 | 0.00 | | |
M-7 | 5.03000% | 12,196,000.00 | 49,417.51 | 0.00 | 0.00 | 0.00 | 49,417.51 | 49,417.51 | 0.00 | | |
M-8 | 5.23000% | 9,528,000.00 | 40,141.99 | 0.00 | 0.00 | 0.00 | 40,141.99 | 40,141.99 | 0.00 | | |
M-9 | 5.68000% | 8,004,000.00 | 36,622.75 | 0.00 | 0.00 | 0.00 | 36,622.75 | 36,622.75 | 0.00 | | |
B-1 | 6.58000% | 7,623,000.00 | 40,406.14 | 0.00 | 0.00 | 0.00 | 40,406.14 | 40,406.14 | 0.00 | | |
B-2 | 6.58000% | 9,147,000.00 | 48,484.18 | 0.00 | 0.00 | 0.00 | 48,484.18 | 48,484.18 | 0.00 | | |
B-3 | 6.58000% | 6,098,000.00 | 32,322.79 | 0.00 | 0.00 | 0.00 | 32,322.79 | 32,322.79 | 0.00 | | |
B-4 | 6.58000% | 7,241,000.00 | 38,381.32 | 0.00 | 0.00 | 0.00 | 38,381.32 | 38,381.32 | 0.00 | | |
B-5 | 6.58000% | 7,623,000.00 | 40,406.14 | 0.00 | 0.00 | 0.00 | 40,406.14 | 40,406.14 | 0.00 | | |
C | 498.66282% | 3,811,314.73 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,583,800.78 | 0.00 | | |
P | 2,376,124.56000% | 100.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 198,010.38 | 0.00 | | |
R | 0.00000% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | |
R-1 | 0.00000% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | |
R-2 | 0.00000% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | |
R-X | 0.00000% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | |
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| | |
Total | | 740,858,056.48 | 2,546,073.35 | 0.00 | 0.00 | 0.00 | 2,546,073.35 | 4,327,884.51 | 0.00 | | |
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Page 5 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
Collection Account Report | |
SUMMARY | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Principal Collections | | | | | 7,105,944.22 | 4,451,532.67 | 11,557,476.89 | | |
Principal Withrawals | | | | | 0.00 | 0.00 | 0.00 | | |
Principal Other Accounts | | | | | 0.00 | 0.00 | 0.00 | | |
TOTAL NET PRINCIPAL | | | | | 7,105,944.22 | 4,451,532.67 | 11,557,476.89 | | |
Interest Collections | | | | | 2,143,680.65 | 2,008,381.18 | 4,152,061.83 | | |
Interest Withdrawals | | | | | -0.00 | -0.00 | -0.00 | | |
Interest Other Accounts | | | | | 0.00 | 198,010.38 | 198,010.38 | | |
Interest Fees | | | | | -12,268.91 | -9,918.79 | -22,187.70 | | |
TOTAL NET INTEREST | | | | | 2,131,411.74 | 2,196,472.77 | 4,327,884.51 | | |
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION | | | | | 9,237,355.96 | 6,648,005.44 | 15,885,361.40 | | |
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PRINCIPAL - COLLECTIONS | | |
| |
| | | | | | | | | | | Group 2 | Group 1 | Total | |
Scheduled Principal Received | | | | | 208,241.79 | 217,482.32 | 425,724.11 | |
Curtailments | | | | | 11,662.07 | 7,095.99 | 18,758.06 | |
Prepayments In Full | | | | | 6,886,040.36 | 4,226,954.36 | 11,112,994.72 | |
Repurchased/Substitutions | | | | | 0.00 | 0.00 | 0.00 | |
Liquidations | | | | | 0.00 | 0.00 | 0.00 | |
Other Additional Principal | | | | | 0.00 | 0.00 | 0.00 | |
Delinquent Principal | | | | | -196,493.42 | -206,216.88 | -402,710.30 | |
Realized Losses | | | | | -0.00 | -0.00 | -0.00 | |
Advanced Principal | | | | | 196,493.42 | 206,216.88 | 402,710.30 | |
TOTAL PRINCIPAL COLLECTED | | | | | 7,105,944.22 | 4,451,532.67 | 11,557,476.89 | |
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PRINCIPAL - WITHDRAWALS | | |
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SPACE INTENTIONALLY LEFT BLANK | | |
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PRINCIPAL - OTHER ACCOUNTS | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
TOTAL PRINCIPAL OTHER ACCOUNTS | | | | | 0.00 | 0.00 | 0.00 | | |
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Page 6 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
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INTEREST - COLLECTIONS | | |
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| | | | | | | | | | Group 2 | Group 1 | Total | | |
Scheduled Interest | | | | | 2,294,584.23 | 2,146,175.98 | 4,440,760.21 | | |
Repurchased/Substitution Interest | | | | | 0.00 | 0.00 | 0.00 | | |
Liquidation Interest | | | | | 0.00 | 0.00 | 0.00 | | |
Other Additional Interest | | | | | 0.00 | 0.00 | 0.00 | | |
Prepayment Interest Shortfalls | | | | | -21,928.74 | -13,137.27 | -35,066.01 | | |
Delinquent Interest | | | | | -2,121,645.77 | -2,005,572.78 | -4,127,218.55 | | |
Compensating Interest | | | | | 21,928.73 | 13,137.27 | 35,066.00 | | |
Civil Relief Act Shortfalls | | | | | -0.00 | -0.00 | -0.00 | | |
Interest Advanced | | | | | 1,970,742.20 | 1,867,777.98 | 3,838,520.18 | | |
TOTAL INTEREST COLLECTED | | | | | 2,143,680.65 | 2,008,381.18 | 4,152,061.83 | | |
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INTEREST - WITHDRAWALS | | |
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| | | | | | | | | | Group 2 | Group 1 | Total | | |
TOTAL INTEREST WITHDRAWALS | | | | | 0.00 | 0.00 | 0.00 | | |
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INTEREST - OTHER ACCOUNTS | | |
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| | | | | | | | | | Group 2 | Group 1 | Total | | |
Prepayment Charges | | | | | | | | | 198,010.38 | | |
TOTAL INTEREST OTHER ACCOUNTS | | | | | 0.00 | 198,010.38 | 198,010.38 | | |
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INTEREST - FEES | | |
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| | | | | | | | | | Group 2 | Group 1 | Total | | |
Current Servicing Fees | | | | | 12,268.91 | 9,918.79 | 22,187.70 | | |
Trustee Fees | | | | | 0.00 | 0.00 | 0.00 | | |
TOTAL INTEREST FEES | | | | | 12,268.91 | 9,918.79 | 22,187.70 | | |
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Page 7 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
Credit Enhancement Report | |
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ACCOUNTS | | |
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Net WAC Rate Carryover Reserve Account | | | | | | |
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Begining Balance | 0.00 | | |
Amount Deposited in the Account | 0.00 | | |
Amount Withdrawn | 0.00 | | |
Ending Balance | 0.00 | | |
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INSURANCE | | |
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SPACE INTENTIONALLY LEFT BLANK | | |
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STRUCTURAL FEATURES | | |
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| | | | | | | | | | Group 2 | Group 1 | Total | | |
Ending Overcollateralization Amount | | | | | | | | | 3,811,314.73 | | |
Overcollateralization Target Amount | | | | | | | | | 3,811,314.73 | | |
Overcollateralization Deficiency Amount | | | | | | | | | 0.00 | | |
Overcollateralization Release Amount | | | | | | | | | 0.00 | | |
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Page 8 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
Collateral Report | |
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COLLATERAL | | |
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| |
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| | | | | | | | | | | Group 2 | Group 1 | Total | |
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Loan Count: | | | | | | | | | | | | | | |
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Original | | | | | 1,481 | 2,200 | 3,681 | | |
Prior | | | | | 1,450 | 2,144 | 3,594 | | |
Prefunding | | | | | 0 | 0 | 0 | | |
Scheduled Paid Offs | | | | | -0 | -0 | -0 | | |
Full Voluntary Prepayments | | | | | -24 | -23 | -47 | | |
Repurchases | | | | | -0 | -0 | -0 | | |
Liquidations | | | | | -0 | -0 | -0 | | |
Current | | | | | 1,426 | 2,121 | 3,547 | | |
Principal Balance: | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Original | | | | | 395,687,863.79 | 366,575,083.12 | 762,262,946.91 | | |
Prior | | | | | 386,345,454.74 | 354,512,601.75 | 740,858,056.49 | | |
Prefunding | | | | | 0.00 | 0.00 | 0.00 | | |
Scheduled Principal | | | | | -208,241.79 | -217,482.32 | -425,724.11 | | |
Partial Prepayments | | | | | -11,662.07 | -7,095.99 | -18,758.06 | | |
Full Voluntary Prepayments | | | | | -6,886,040.36 | -4,226,954.36 | -11,112,994.72 | | |
Repurchases | | | | | -0.00 | -0.00 | -0.00 | | |
Liquidations | | | | | -0.00 | -0.00 | -0.00 | | |
Current | | | | | 379,239,510.52 | 350,061,069.08 | 729,300,579.60 | | |
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PREFUNDING | | |
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SPACE INTENTIONALLY LEFT BLANK | | |
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Page 9 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
CHARACTERISTICS | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Weighted Average Coupon Original | | | | | 7.13801% | 7.27986% | 7.20622% | | |
Weighted Average Coupon Prior | | | | | 7.13633% | 7.27310% | 7.20179% | | |
Weighted Average Coupon Current | | | | | 7.12704% | 7.26465% | 7.19289% | | |
Weighted Average Months to Maturity Original | | | | | 356 | 355 | 355 | | |
Weighted Average Months to Maturity Prior | | | | | 355 | 354 | 354 | | |
Weighted Average Months to Maturity Current | | | | | 354 | 353 | 353 | | |
Weighted Avg Remaining Amortization Term Original | | | | | 356 | 355 | 355 | | |
Weighted Avg Remaining Amortization Term Prior | | | | | 355 | 354 | 354 | | |
Weighted Avg Remaining Amortization Term Current | | | | | 354 | 353 | 353 | | |
Weighted Average Seasoning Original | | | | | 3.20 | 3.15 | 3.18 | | |
Weighted Average Seasoning Prior | | | | | 4.20 | 4.15 | 4.18 | | |
Weighted Average Seasoning Current | | | | | 5.19 | 5.15 | 5.17 | | |
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Page 10 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
ARM CHARACTERISTICS | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Weighted Average Margin Original | | | | | 6.39422% | 6.58322% | 6.48394% | | |
Weighted Average Margin Prior | | | | | 6.39122% | 6.57952% | 6.48010% | | |
Weighted Average Margin Current | | | | | 6.38508% | 6.57890% | 6.47656% | | |
Weighted Average Max Rate Original | | | | | 13.93750% | 14.24411% | 14.08304% | | |
Weighted Average Max Rate Prior | | | | | 13.93536% | 14.23577% | 14.07717% | | |
Weighted Average Max Rate Current | | | | | 13.92618% | 14.22446% | 14.06696% | | |
Weighted Average Min Rate Original | | | | | 7.04155% | 7.33824% | 7.18238% | | |
Weighted Average Min Rate Prior | | | | | 7.03964% | 7.33034% | 7.17686% | | |
Weighted Average Min Rate Current | | | | | 7.03072% | 7.32019% | 7.16735% | | |
Weighted Average Cap Up Original | | | | | 1.50000% | 1.50000% | 1.50000% | | |
Weighted Average Cap Up Prior | | | | | 1.50000% | 1.50000% | 1.50000% | | |
Weighted Average Cap Up Current | | | | | 1.50000% | 1.50000% | 1.50000% | | |
Weighted Average Cap Down Original | | | | | 1.50000% | 1.50000% | 1.50000% | | |
Weighted Average Cap Down Prior | | | | | 1.50000% | 1.50000% | 1.50000% | | |
Weighted Average Cap Down Current | | | | | 1.50000% | 1.50000% | 1.50000% | | |
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SERVICING FEES & ADVANCES | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | Group 2 | Group 1 | Total | |
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| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
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Current Servicing Fees | | | | | 12,268.91 | 9,918.79 | 22,187.70 | | |
Delinquent Servicing Fees | | | | | 148,610.58 | 137,794.80 | 286,405.38 | | |
TOTAL SERVICING FEES | | | | | 160,879.50 | 147,713.59 | 308,593.09 | | |
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Total Servicing Fees | | | | | 160,879.50 | 147,713.59 | 308,593.09 | | |
Compensating Interest | | | | | -21,928.73 | -13,137.27 | -35,066.00 | | |
Delinquent Servicing Fees | | | | | -148,610.58 | -137,794.80 | -286,405.38 | | |
COLLECTED SERVICING FEES | | | | | -9,659.82 | -3,218.47 | -12,878.29 | | |
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Total Advaced Interest | | | | | 1,970,742.20 | 1,867,777.98 | 3,838,520.18 | | |
Total Advaced Principal | | | | | 196,493.42 | 206,216.88 | 402,710.30 | | |
Aggregate Advances with respect to this Distribution | | | | | 2,167,235.61 | 2,073,994.86 | 4,241,230.47 | | |
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ADDITIONAL COLLATERAL INFORMATION | | |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Prepayment Interest Shortfall (PPIS) | | | | | 21,928.74 | 13,137.27 | 35,066.01 | | |
Compensating Interest | | | | | -21,928.73 | -13,137.27 | -35,066.00 | | |
Net Prepayment Interest Shortfall (PPIS) | | | | | 0.00 | 0.00 | 0.00 | | |
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Weighted Average Net Mortgage Rate | | | | | | | 6.620226% | 7.010063% | | |
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Libor For Current Period | | | | | | | | | 3.830000% | | |
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Libor For Next Period | | | | | | | | | 0.000000% | | |
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Page 11 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
Delinquency Report | |
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| TOTAL | | | | | | | | | | | | |
| | | | | < 1 PAYMENT | 1 PAYMENT | 2 PAYMENTS | 3+ PAYMENTS | TOTAL | | | |
| DELINQUENT | Balance | | | 13,885,155.54 | 1,116,931.30 | 679,850.78 | 15,681,937.62 | | | |
| % Balance | | | 1.90% | 0.15% | 0.09% | 2.15% | | | |
| # Loans | | | 66 | 9 | 4 | 79 | | | |
| % # Loans | | | 1.86% | 0.25% | 0.11% | 2.23% | | | |
| FORECLOSURE | Balance | 0.00 | 70,235.23 | 3,267,787.99 | 3,102,049.14 | 6,440,072.36 | | | |
| % Balance | 0.00% | 0.01% | 0.45% | 0.43% | 0.88% | | | |
| # Loans | 0 | 1 | 11 | 17 | 29 | | | |
| % # Loans | 0.00% | 0.03% | 0.31% | 0.48% | 0.82% | | | |
| BANKRUPTCY | Balance | 695,052.21 | 0.00 | 175,672.13 | 0.00 | 870,724.34 | | | |
| % Balance | 0.10% | 0.00% | 0.02% | 0.00% | 0.12% | | | |
| # Loans | 5 | 0 | 2 | 0 | 7 | | | |
| % # Loans | 0.14% | 0.00% | 0.06% | 0.00% | 0.20% | | | |
| REO | Balance | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | | |
| % Balance | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | | | |
| # Loans | 0 | 0 | 0 | 0 | 0 | | | |
| % # Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | | | |
| TOTAL | Balance | 695,052.21 | 13,955,390.77 | 4,560,391.42 | 3,781,899.92 | 22,992,734.32 | | | |
| % Balance | 0.10% | 1.91% | 0.63% | 0.52% | 3.15% | | | |
| # Loans | 5 | 67 | 22 | 21 | 115 | | | |
| % # Loans | 0.14% | 1.89% | 0.62% | 0.59% | 3.24% | | | |
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Page 12 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
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| GROUP 1 | | | | | | | | | | | | |
| | | | | < 1 PAYMENT | 1 PAYMENT | 2 PAYMENTS | 3+ PAYMENTS | TOTAL | | | |
| DELINQUENT | Balance | | | 5,545,491.00 | 791,355.73 | 543,862.65 | 6,880,709.38 | | | |
| % Balance | | | 1.58% | 0.23% | 0.16% | 1.97% | | | |
| # Loans | | | 37 | 5 | 2 | 44 | | | |
| % # Loans | | | 1.74% | 0.24% | 0.09% | 2.07% | | | |
| FORECLOSURE | Balance | 0.00 | 0.00 | 413,863.85 | 1,784,236.92 | 2,198,100.77 | | | |
| % Balance | 0.00% | 0.00% | 0.12% | 0.51% | 0.63% | | | |
| # Loans | 0 | 0 | 2 | 11 | 13 | | | |
| % # Loans | 0.00% | 0.00% | 0.09% | 0.52% | 0.61% | | | |
| BANKRUPTCY | Balance | 695,052.21 | 0.00 | 175,672.13 | 0.00 | 870,724.34 | | | |
| % Balance | 0.20% | 0.00% | 0.05% | 0.00% | 0.25% | | | |
| # Loans | 5 | 0 | 2 | 0 | 7 | | | |
| % # Loans | 0.24% | 0.00% | 0.09% | 0.00% | 0.33% | | | |
| REO | Balance | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | | |
| % Balance | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | | | |
| # Loans | 0 | 0 | 0 | 0 | 0 | | | |
| % # Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | | | |
| TOTAL | Balance | 695,052.21 | 5,545,491.00 | 1,380,891.71 | 2,328,099.57 | 9,949,534.49 | | | |
| % Balance | 0.20% | 1.58% | 0.39% | 0.67% | 2.84% | | | |
| # Loans | 5 | 37 | 9 | 13 | 64 | | | |
| % # Loans | 0.24% | 1.74% | 0.42% | 0.61% | 3.02% | | | |
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Page 13 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
| GROUP 2 | | | | | | | | | | | | |
| | | | | < 1 PAYMENT | 1 PAYMENT | 2 PAYMENTS | 3+ PAYMENTS | TOTAL | | | |
| DELINQUENT | Balance | | | 8,339,664.54 | 325,575.57 | 135,988.13 | 8,801,228.24 | | | |
| % Balance | | | 2.20% | 0.09% | 0.04% | 2.32% | | | |
| # Loans | | | 29 | 4 | 2 | 35 | | | |
| % # Loans | | | 2.03% | 0.28% | 0.14% | 2.45% | | | |
| FORECLOSURE | Balance | 0.00 | 70,235.23 | 2,853,924.14 | 1,317,812.22 | 4,241,971.59 | | | |
| % Balance | 0.00% | 0.02% | 0.75% | 0.35% | 1.12% | | | |
| # Loans | 0 | 1 | 9 | 6 | 16 | | | |
| % # Loans | 0.00% | 0.07% | 0.63% | 0.42% | 1.12% | | | |
| BANKRUPTCY | Balance | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | | |
| % Balance | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | | | |
| # Loans | 0 | 0 | 0 | 0 | 0 | | | |
| % # Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | | | |
| REO | Balance | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | | |
| % Balance | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | | | |
| # Loans | 0 | 0 | 0 | 0 | 0 | | | |
| % # Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | | | |
| TOTAL | Balance | 0.00 | 8,409,899.77 | 3,179,499.71 | 1,453,800.35 | ####### | | | | |
| % Balance | 0.00% | 2.22% | 0.84% | 0.38% | 3.44% | | | |
| # Loans | 0 | 30 | 13 | 8 | 51 | | | |
| % # Loans | 0.00% | 2.10% | 0.91% | 0.56% | 3.58% | | | |
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Page 14 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
REO Report | |
Loan Number | Original | Stated | | Current | State & | | | |
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| | | | | | | | | | | | | | First | | |
& | Principal | Principal | Paid to | Note | LTV at | Original | Payment | |
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Loan Group | Balance | Balance | Date | Rate | Origination | Term | Date | |
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TOTAL | | | | | | | | | | | | | | | |
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Page 15 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
Foreclosure Report | |
Loan Number | Original | Stated | | Current | State & | | | |
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| | | | | | | | | | | | | | First | | |
& | Principal | Principal | Paid to | Note | LTV at | Original | Payment | |
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Loan Group | Balance | Balance | Date | Rate | Origination | Term | Date | |
1000233264 1 | |
181,500.00 | 180,786.39 | 01-May-2005 | 8.200% | OR - 75.00% | 360 | | 01-May-2005 | |
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1000240504 1 | 300,000.00 | 298,693.95 | 01-Jun-2005 | 6.750% | CA - 64.52% | 360 | | 01-Jun-2005 | |
1000243077 1 | 227,250.00 | 226,632.87 | 01-May-2005 | 9.100% | CA - 79.74% | 360 | | 01-Jun-2005 | |
5000140273 1 | 216,000.00 | 215,102.56 | 01-May-2005 | 6.990% | IL - 90.00% | 360 | | 01-Jun-2005 | |
5000141252 1 | 110,500.00 | 110,050.68 | 01-May-2005 | 7.100% | IL - 85.00% | 360 | | 01-Jun-2005 | |
5000146016 1 | 116,450.00 | 116,050.04 | 01-May-2005 | 7.950% | IL - 85.00% | 360 | | 01-Jun-2005 | |
5000147245 1 | 84,000.00 | 83,674.84 | 01-May-2005 | 7.350% | GA - 80.00% | 360 | | 01-Jun-2005 | |
5000148568 1 | 162,320.00 | 161,613.29 | 01-May-2005 | 6.750% | MN - 80.00% | 360 | | 01-Jun-2005 | |
6000148239 1 | 143,456.40 | 142,948.69 | 01-May-2005 | 7.800% | GA - 90.00% | 360 | | 01-Jun-2005 | |
6000149277 1 | 135,100.00 | 134,841.06 | 01-May-2005 | 10.750% | CT - 70.00% | 360 | | 01-Jun-2005 | |
7000137577 1 | 77,600.00 | 77,173.57 | 01-May-2005 | 7.350% | MO - 80.00% | 360 | | 01-Apr-2005 | |
7000144899 1 | 336,000.00 | 335,362.93 | 01-May-2005 | 10.800% | NY - 70.00% | 360 | | 01-Jun-2005 | |
7000146209 1 | 115,600.00 | 115,169.90 | 01-Jun-2005 | 7.550% | CT - 85.00% | 360 | | 01-Jun-2005 | |
1000233749 2 | 278,000.00 | 277,052.91 | 01-May-2005 | 7.990% | CA - 80.00% | 360 | | 01-Jun-2005 | |
1000240723 2 | 376,000.00 | 374,587.21 | 01-Jun-2005 | 7.500% | CA - 80.00% | 360 | | 01-Jun-2005 | |
1000241090 2 | 440,100.00 | 438,220.86 | 01-Jun-2005 | 6.850% | UT - 90.00% | 360 | | 01-Jun-2005 | |
1000241809 2 | 468,000.00 | 468,000.00 | 01-Jun-2005 | 6.250% | CA - 80.00% | 360 | | 01-Jun-2005 | |
5000134846 2 | 119,250.00 | 118,820.69 | 01-May-2005 | 9.400% | CO - 75.00% | 360 | | 01-Apr-2005 | |
5000138736 2 | 408,000.00 | 405,221.07 | 01-Jun-2005 | 6.200% | MN - 80.00% | 360 | | 01-Apr-2005 | |
5000146600 2 | 76,800.00 | 76,564.03 | 01-Jun-2005 | 8.500% | MI - 80.00% | 360 | | 01-Jun-2005 | |
5000148494 2 | 52,000.00 | 51,895.98 | 01-Jun-2005 | 10.550% | MI - 80.00% | 360 | | 01-Jun-2005 | |
5000148603 2 | 91,200.00 | 90,931.04 | 01-May-2005 | 8.700% | MI - 80.00% | 360 | | 01-Jun-2005 | |
5000148713 2 | 70,400.00 | 70,235.23 | 01-Jul-2005 | 9.800% | MO - 80.00% | 360 | | 01-Jun-2005 | |
5000148799 2 | 134,400.00 | 134,400.00 | 01-Jun-2005 | 6.400% | SC - 80.00% | 360 | | 01-Jun-2005 | |
5000149848 2 | 265,600.00 | 264,848.27 | 01-May-2005 | 8.900% | TX - 80.00% | 360 | | 01-Jun-2005 | |
7000141352 2 | 466,720.00 | 465,315.09 | 01-May-2005 | 8.600% | NY - 79.11% | 360 | | 01-Jun-2005 | |
8000041102 2 | 101,000.00 | 100,844.22 | 01-May-2005 | 11.750% | CT - 63.92% | 360 | | 01-Jun-2005 | |
8000044536 2 | 368,000.00 | 366,798.33 | 01-Jun-2005 | 8.200% | NY - 80.00% | 360 | | 01-Jun-2005 | |
8000044921 2 | 540,000.00 | 538,236.66 | 01-Jun-2005 | 8.200% | NY - 80.00% | 360 | | 01-Jun-2005 | |
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TOTAL | 6,461,246.40 | 6,440,072.36 | | | | | | | | | | | |
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Page 16 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
Prepayment Report | |
| | | | | | | | | | | | | | | | | |
VOLUNTARY PREPAYMENTS | | |
| |
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| | | | | | | | | | | Group 2 | Group 1 | Total | |
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Current | | | | | | | | | | | | | | |
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Number of Paid in Full Loans | | | | | 24 | 23 | 47 | | |
Number of Repurchased Loans | | | | | 0 | 0 | 0 | | |
Total Number of Loans Prepaid in Full | | | | | 24 | 23 | 47 | | |
Curtailments Amount | | | | | 11,662.07 | 7,095.99 | 18,758.06 | | |
Paid in Full Balance | | | | | 6,886,040.36 | 4,226,954.36 | 11,112,994.72 | | |
Repurchased Loans Balance | | | | | 0.00 | 0.00 | 0.00 | | |
Total Prepayment Amount | | | | | 6,897,702.43 | 4,234,050.35 | 11,131,752.78 | | |
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Cumulative | | | | | | | | | | | | | | |
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Number of Paid in Full Loans | | | | | 55 | 78 | 133 | | |
Number of Repurchased Loans | | | | | 0 | 0 | 0 | | |
Total Number of Loans Prepaid in Full | | | | | 55 | 78 | 133 | | |
Paid in Full Balance | | | | | 15,770,315.16 | 15,778,808.75 | 31,549,123.91 | | |
Repurchased Loans Balance | | | | | 0.00 | 0.00 | 0.00 | | |
Curtailments Amount | | | | | 45,354.72 | 76,695.87 | 122,050.59 | | |
Total Prepayment Amount | | | | | 15,815,669.88 | 15,855,504.62 | 31,671,174.50 | | |
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Page 17 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
VOLUNTARY PREPAYMENTS RATES | | |
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| | | | | | | | | | | Group 2 | Group 1 | Total | |
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SMM | | | | | 1.79% | 1.20% | 1.50% | | |
3 Months Avg SMM | | | | | 1.35% | 1.46% | 1.41% | | |
12 Months Avg SMM | | | | | 1.35% | 1.46% | 1.41% | | |
Avg SMM Since Cut-off | | | | | 1.35% | 1.46% | 1.41% | | |
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CPR | | | | | 19.45% | 13.43% | 16.62% | | |
3 Months Avg CPR | | | | | 15.07% | 16.23% | 15.63% | | |
12 Months Avg CPR | | | | | 15.07% | 16.23% | 15.63% | | |
Avg CPR Since Cut-off | | | | | 15.07% | 16.23% | 15.63% | | |
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PSA | | | | | 1,872.62% | 1,304.44% | 1,606.76% | | |
3 Months Avg PSA Approximation | | | | | 1,794.94% | 1,955.13% | 1,871.65% | | |
12 Months Avg PSA Approximation | | | | | 1,794.94% | 1,955.13% | 1,871.65% | | |
Avg PSA Since Cut-off Approximation | | | | | 1,794.94% | 1,955.13% | 1,871.65% | | |
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Page 18 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
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PREPAYMENT CALCULATION METHODOLOGY | | |
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Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidations )/(Beg Principal Balance - Sched Principal) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) PSA Standard Prepayment Model: CPR/(0.002*min(30,WAS)) Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)*(1-SMMn+1)*...*(1-SMMm)]^(1/months in period n,m) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*Avg WASn,m)) Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m) Weighted Average Seasoning (WAS) Dates correspond to distribution dates. Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments, liquidations, and repurchases. | | |
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Page 19 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
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2005-2 | |
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October 25, 2005 Distribution | |
Prepayment Detail Report | |
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution | | |
Loan Number | | Original | | | Current | State & | Type Prepayment | First |
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& | Loan | Principal | Prepayment | Prepayment | Note | LTV at | & | Payment |
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Loan Group | Status | Balance | Amount | Date | Rate | Origination | Original Term | Date |
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1000224044 2 | | 386,000.00 | 386,000.00 | | 13-Sep-2005 | 8.000% | FL - 100.00% | Paid Off - 360 | 01-Apr-2005 |
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1000229539 2 | | 185,800.00 | 185,028.04 | | 13-Sep-2005 | 6.990% | CA - 74.32% | Paid Off - 360 | 01-May-2005 |
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1000229693 2 | | 743,750.00 | 743,750.00 | | 05-Sep-2005 | 5.990% | CA - 85.00% | Paid Off - 360 | 01-Apr-2005 |
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1000234343 2 | | 744,000.00 | 743,901.65 | | 06-Sep-2005 | 6.400% | CA - 80.00% | Paid Off - 360 | 01-May-2005 |
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1000235685 1 | | 92,800.00 | 92,535.99 | | 13-Sep-2005 | 8.875% | CA - 80.00% | Paid Off - 360 | 01-May-2005 |
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1000236755 1 | | 157,000.00 | 157,000.00 | | 06-Sep-2005 | 6.350% | CA - 74.76% | Paid Off - 360 | 01-Jun-2005 |
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1000236992 1 | | 58,000.00 | 57,829.18 | | 26-Sep-2005 | 7.750% | VA - 100.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
1000238621 2 | | 424,000.00 | 424,000.00 | | 12-Sep-2005 | 6.990% | NY - 80.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
1000238798 2 | | 228,000.00 | 227,207.52 | | 02-Sep-2005 | 6.750% | CA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
1000238907 1 | | 310,000.00 | 308,869.85 | | 20-Sep-2005 | 6.500% | CA - 79.49% | Paid Off - 360 | 01-Jun-2005 |
| | |
1000239114 1 | | 183,750.00 | 183,339.74 | | 13-Sep-2005 | 8.950% | CA - 75.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
1000239632 2 | | 655,000.00 | 652,829.27 | | 26-Sep-2005 | 6.990% | CA - 74.86% | Paid Off - 360 | 01-Jun-2005 |
| | |
1000240254 2 | | 67,000.00 | 66,859.42 | | 16-Sep-2005 | 9.250% | NY - 90.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
1000241397 1 | | 308,000.00 | 307,305.21 | | 08-Sep-2005 | 8.900% | MD - 77.19% | Paid Off - 360 | 01-Jun-2005 |
| | |
1000241791 1 | | 188,000.00 | 187,453.24 | | 31-Aug-2005 | 7.650% | CA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
1000243300 1 | | 310,500.00 | 310,500.00 | | 22-Sep-2005 | 5.990% | CA - 62.10% | Paid Off - 360 | 01-Jun-2005 |
| | |
1000244030 1 | | 58,000.00 | 57,871.56 | | 01-Sep-2005 | 8.990% | CA - 100.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
5000137531 2 | | 110,800.00 | 110,313.50 | | 05-Sep-2005 | 7.650% | TX - 80.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
5000144759 1 | | 175,500.00 | 174,890.47 | | 19-Sep-2005 | 6.750% | MN - 90.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
5000145082 1 | | 203,400.00 | 202,848.59 | | 06-Sep-2005 | 8.000% | CO - 90.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
5000146783 1 | | 135,000.00 | 134,552.58 | | 12-Sep-2005 | 6.990% | IL - 90.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
5000148385 1 | | 90,008.00 | 89,787.54 | | 13-Sep-2005 | 8.500% | IL - 90.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
5000150289 2 | | 412,000.00 | 410,634.61 | | 19-Sep-2005 | 6.990% | NJ - 80.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
6000138238 2 | | 57,443.00 | 55,951.90 | | 26-Sep-2005 | 12.525% | DE - 100.00% | Paid Off - 120 | 01-Apr-2005 |
| | |
6000145989 1 | | 284,750.00 | 283,772.07 | | 08-Sep-2005 | 7.950% | FL - 85.00% | Paid Off - 360 | 01-May-2005 |
| | |
6000146308 1 | | 144,000.00 | 143,403.55 | | 28-Sep-2005 | 6.600% | GA - 90.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
6000150372 1 | | 222,000.00 | 222,000.00 | | 07-Sep-2005 | 5.750% | MD - 76.55% | Paid Off - 360 | 01-Jun-2005 |
| | |
6000150493 1 | | 212,310.00 | 211,329.28 | | 16-Sep-2005 | 6.550% | FL - 90.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
6000150519 1 | | 23,590.00 | 23,449.33 | | 16-Sep-2005 | 9.125% | FL - 100.00% | Paid Off - 240 | 01-Jun-2005 |
| | |
6000151254 1 | | 182,500.00 | 181,963.90 | | 20-Sep-2005 | 7.600% | MA - 45.63% | Paid Off - 360 | 01-Jun-2005 |
| | |
6000151512 2 | | 268,000.00 | 267,287.99 | | 26-Sep-2005 | 8.100% | VA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
6000151518 1 | | 187,850.00 | 187,325.13 | | 08-Sep-2005 | 7.850% | MD - 85.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
6000151637 2 | | 67,000.00 | 66,905.68 | | 26-Sep-2005 | 11.125% | VA - 100.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
6000152187 2 | | 108,000.00 | 107,735.49 | | 27-Sep-2005 | 8.500% | FL - 90.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
6000153118 2 | | 365,719.00 | 364,567.27 | | 08-Sep-2005 | 7.250% | MD - 80.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
7000133802 2 | | 140,400.00 | 139,845.08 | | 07-Sep-2005 | 8.200% | MI - 90.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
7000139772 2 | | 387,000.00 | 385,574.51 | | 14-Sep-2005 | 7.600% | CA - 89.58% | Paid Off - 360 | 01-May-2005 |
| | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 20 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution | | |
Loan Number | | Original | | | Current | State & | Type Prepayment | First |
|
| | | | | | | | | | | | | | | |
& | Loan | Principal | Prepayment | Prepayment | Note | LTV at | & | Payment |
| | | | | | | | | | | | | | | | | |
Loan Group | Status | Balance | Amount | Date | Rate | Origination | Original Term | Date |
| | |
7000141792 2 | | 110,200.00 | 109,886.97 | | 29-Aug-2005 | 8.875% | CA - 100.00% | Paid Off - 360 | 01-May-2005 |
|
| | |
7000142898 2 | | 183,200.00 | 183,200.00 | | 16-Sep-2005 | 7.150% | CA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
7000144356 1 | | 159,000.00 | 158,568.10 | | 29-Sep-2005 | 7.990% | IL - 64.90% | Paid Off - 360 | 01-Jun-2005 |
| | |
7000146043 2 | | 383,905.00 | 382,532.24 | | 07-Sep-2005 | 6.600% | MI - 69.17% | Paid Off - 360 | 01-Jun-2005 |
| | |
8000039810 1 | | 192,000.00 | 191,364.91 | | 12-Sep-2005 | 7.000% | NJ - 80.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
8000041636 2 | | 396,000.00 | 394,542.34 | | 13-Sep-2005 | 6.450% | NY - 80.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
8000041972 2 | | 99,000.00 | 98,801.82 | | 13-Sep-2005 | 9.475% | NY - 100.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
8000042469 2 | | 360,000.00 | 358,843.84 | | 15-Sep-2005 | 7.150% | MA - 90.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
8000042493 2 | | 20,000.00 | 19,841.22 | | 15-Sep-2005 | 12.250% | MA - 95.00% | Paid Off - 180 | 01-Jun-2005 |
| | |
8000045438 1 | | 360,000.00 | 358,994.14 | | 15-Sep-2005 | 7.850% | NY - 80.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
TOTAL | | 11,140,175.00 | 11,112,994.72 | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
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| | | | | | | | | | | | | | | | | |
Page 21 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
Realized Loss Report | |
| | | | | | | | | | | | | | | | | |
COLLATERAL REALIZED LOSSES | | |
| |
| |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | Group 2 | Group 1 | Total | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Current | | | | | | | | | | | | | | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Number of Loans Liquidated | | | | | 0 | 0 | 0 | | |
Collateral Principal Realized Loss/(Gain) Amount | | | | | 0.00 | 0.00 | 0.00 | | |
Collateral Interest Realized Loss/(Gain) Amount | | | | | 0.00 | 0.00 | 0.00 | | |
Net Liquidation Proceeds | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Cumulative | | | | | | | | | | | | | | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Number of Loans Liquidated | | | | | 0 | 0 | 0 | | |
Collateral Realized Loss/(Gain) Amount | | | | | 0.00 | 0.00 | 0.00 | | |
Net Liquidation Proceeds | | | | | 0.00 | 0.00 | 0.00 | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
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Page 22 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
DEFAULT SPEEDS | | |
| |
| |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | Group 2 | Group 1 | Total | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
MDR | | | | | 0.00% | 0.00% | 0.00% | | |
3 Months Avg MDR | | | | | 0.00% | 0.00% | 0.00% | | |
12 Months Avg MDR | | | | | 0.00% | 0.00% | 0.00% | | |
Avg MDR Since Cut-off | | | | | 0.00% | 0.00% | 0.00% | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
CDR | | | | | 0.00% | 0.00% | 0.00% | | |
3 Months Avg CDR | | | | | 0.00% | 0.00% | 0.00% | | |
12 Months Avg CDR | | | | | 0.00% | 0.00% | 0.00% | | |
Avg CDR Since Cut-off | | | | | 0.00% | 0.00% | 0.00% | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
SDA | | | | | 0.00% | 0.00% | 0.00% | | |
3 Months Avg SDA Approximation | | | | | 0.00% | 0.00% | 0.00% | | |
12 Months Avg SDA Approximation | | | | | 0.00% | 0.00% | 0.00% | | |
Avg SDA Since Cut-off Approximation | | | | | 0.00% | 0.00% | 0.00% | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Loss Severity Approximation for Current Period | | | | | 0.00% | 0.00% | 0.00% | | |
3 Months Avg Loss Severity Approximation | | | | | 0.00% | 0.00% | 0.00% | | |
12 Months Avg Loss Severity Approximation | | | | | 0.00% | 0.00% | 0.00% | | |
Avg Loss Severity Approximation Since Cut-off | | | | | 0.00% | 0.00% | 0.00% | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
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| | | | | | | | | | | | | | | | | |
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| | | | | | | | | | | | | | | | | |
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Page 23 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY | | |
| Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance) | |
| |
| |
| |
| Conditional Default Rate (CDR): 1-((1-MDR)^12) | |
| | | | | | | | | | | | | | | | | |
| SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)*0.02,MAX(0.03,MIN(30,WAS)*0.02-0.0095*(WAS-60))) | |
| |
| Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)*(1-MDRn+1)*...*(1-MDRm)]^(1/months in period n,m) | |
| Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12) | |
| |
| Average SDA Approximation over period between the nth month and mth month: | |
| AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)*0.02,MAX(0.03,MIN(30,Avg WASn,m)*0.02-0.0095*(Avg WASn,m-60))) | | |
| | |
| Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m) | |
| Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans) | |
| |
| Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m) | |
| | | | | | | | | | | | | | | | | |
| Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods. | |
| Dates correspond to distribution dates. | |
| | | | | | | | | | | | | | | | | |
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Page 24 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
Realized Loss Detail Report | |
Loan Number | | Current | State & | | Prior | Realized | | Cumulative | |
| | | | | | | | | | | | | | | |
& | Loan | Note | LTV at | Original | Principal | Loss/(Gain) | Realized | Realized | |
| | | | | | | | | | | | | | | | | |
Loan Group | Status | Rate | Origination | Term | Balance | Revision | Loss/(Gain) | Loss/(Gain) | |
|
| | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
TOTAL | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 25 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
Triggers and Adj. Cert. Report | |
TRIGGER EVENTS | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
| | | | | | Has Stepdown Condition occurred (0 = No, 1=Yes) | | | | | | | 0 | | |
| | | | | | | | | | | | | | | | | |
| | | | | | Does a Trigger Event Exist-Either a) or b) Yes? | | | | | | | 0 | | |
| | | | | | a) Does a Delinquency Trigger Event Exists | | | | | | | 0 | | |
| | | | | | b) Does a Loss Trigger Event Exists (0=No,1=Yes) | | | | | | | 0 | | |
| | | | | | | | | | | | | | | | | |
| | | | | | Has Sequential Trigger Event Occured (0=No,1=Yes) | | | | | | | 0 | | |
| | | | | | 60+ days Delinqueny Balance | | | | | | | 8,412,526.57 | | |
| | | | | | Ending Collateral Balance | | | | | | | 729,300,579.60 | | |
| | | | | | Delinquency Percentage | | | | | | | 1.1535% | | |
| | | | | | | | | | | | | | | | | |
| | | | | | Senior Enhancement Percentage | | | | | | | 26.490000% | | |
| | | | | | | | | | | | | | | | | |
| | | | | | Cumulative Loss Percentage | | | | | | | 0.0000% | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
ADJUSTABLE RATE CERTIFICATE INFORMATION | | |
| | | | | | | | | | | | | | | | | |
SPACE INTENTIONALLY LEFT BLANK | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
ADDITIONAL INFORMATION | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Trust Fund Expenses | | | | | | | | | 0.00 | | |
Cumulative Subsequent Recoveries | | | | | | | | | 0.00 | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 26 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
October 25, 2005 Distribution | |
Additional Certificate Report | |
| | | | | | | | | | | | | | | | | |
ADDITIONAL CERTIFICATE REPORT | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | Interest Shortfall Unpaid | | | NET WAC Shortfall CarryOver | | NET WAC Shortfall Paid | | |
CLASS | | | | | | | | | | | | |
| | | | | | | | | | | | | | |
| | | I-A1 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | |
| | | I-A2 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | |
| | | II-A1 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | |
| | | II-A2 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | |
| | | II-A3 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | |
| | | M-1 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | |
| | | M-2 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | |
| | | M-3 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | |
| | | M-4 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | |
| | | M-5 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | |
| | | M-6 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | |
| | | M-7 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | |
| | | M-8 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | |
| | | M-9 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | |
| | | B-1 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | |
| | | B-2 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | |
| | | B-3 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | |
| | | B-4 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | |
| | | B-5 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | |
| | | C | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
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| | | P | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
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| | | R | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
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Page 27 of 28 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
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2005-2 | |
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October 25, 2005 Distribution | |
Other Related Information | |
ADDITIONAL INFORMATION | | |
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| | | | | | | | | | Group 2 | Group 1 | Total | | |
I-A1 Cap Payment | | | | | | | | | 0.00 | | |
I-A2 Cap Payment | | | | | | | | | 0.00 | | |
II-A1 Cap Payment | | | | | | | | | 0.00 | | |
II-A2 Cap Payment | | | | | | | | | 0.00 | | |
II-A3 Cap Payment | | | | | | | | | 0.00 | | |
M-1 Cap Payment | | | | | | | | | 0.00 | | |
M-2 Cap Payment | | | | | | | | | 0.00 | | |
M-3 Cap Payment | | | | | | | | | 0.00 | | |
M-4 Cap Payment | | | | | | | | | 0.00 | | |
M-5 Cap Payment | | | | | | | | | 0.00 | | |
M-6 Cap Payment | | | | | | | | | 0.00 | | |
M-7 Cap Payment | | | | | | | | | 0.00 | | |
M-8 Cap Payment | | | | | | | | | 0.00 | | |
M-9 Cap Payment | | | | | | | | | 0.00 | | |
B-1 Cap Payment | | | | | | | | | 0.00 | | |
B-2 Cap Payment | | | | | | | | | 0.00 | | |
B-3 Cap Payment | | | | | | | | | 0.00 | | |
B-4 Cap Payment | | | | | | | | | 0.00 | | |
B-5 Cap Payment | | | | | | | | | 0.00 | | |
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Page 28 of 28 | | | | | | | | | | | | | | |