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Fremont Home Loan Trust 2005-2 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
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2005-2 | | | | | |
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December 27, 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 | 23 | | | | | |
| | | | | | | | 11. Realized Loss Detail Report | 26 | | | | | |
| | Servicer(s) | | | | | | | |
| | | | 12. Triggers and Adj. Cert. Report | 27 | | | | | |
| | Litton Loan Servicing | | | | | |
| | 13. Additional Certificate Report | 28 | | | | | |
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| | | | | | | | 14. Other Related Information | 29 | | | | | |
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| | Underwriter(s) | | | | | | | | | | | | | | |
| | Greenwich Capital Markets | | | | | | | | | | | |
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| | | | | | | | Total Number of Pages | | 29 | | | | | |
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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: | December 27, 2005 | | | | | | | | | | | |
| | | | | | | | Factor Information: | (800) 735-7777 | | | | | |
| | Record Date: | November 30, 2005 | | | | | |
| | Main Phone Number: | (714) 247-6000 | | | | | |
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| | | | | December 23, 2005 | | | | | |
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| | | | | | | | https://www.tss.db.com/invr | | | | | |
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Page 1 of 29 | | | | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-2 | | | | |
| | | | | | | | | | | | | | | | | | | | |
December 27, 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 | 200,178,921.22 | 790,706.74 | 11,468,747.67 | 12,259,454.41 | 0.00 | 0.00 | 188,710,173.55 | | |
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I-A2 | SR | $ | 54,436,000.00 | 50,044,270.63 | 199,899.06 | 2,867,160.59 | 3,067,059.65 | 0.00 | 0.00 | 47,177,110.04 | | |
II-A1 | SR | $ | 123,500,000.00 | 102,779,329.94 | 393,188.04 | 11,983,597.10 | 12,376,785.14 | 0.00 | 0.00 | 90,795,732.84 | | |
II-A2 | SR | $ | 154,300,000.00 | 154,300,000.00 | 609,485.00 | 0.00 | 609,485.00 | 0.00 | 0.00 | 154,300,000.00 | | |
II-A3 | SR | $ | 15,999,000.00 | 15,999,000.00 | 65,044.82 | 0.00 | 65,044.82 | 0.00 | 0.00 | 15,999,000.00 | | |
M-1 | MEZ | $ | 40,019,000.00 | 40,019,000.00 | 165,545.26 | 0.00 | 165,545.26 | 0.00 | 0.00 | 40,019,000.00 | | |
M-2 | MEZ | $ | 27,441,000.00 | 27,441,000.00 | 114,002.11 | 0.00 | 114,002.11 | 0.00 | 0.00 | 27,441,000.00 | | |
M-3 | MEZ | $ | 18,675,000.00 | 18,675,000.00 | 77,916.25 | 0.00 | 77,916.25 | 0.00 | 0.00 | 18,675,000.00 | | |
M-4 | MEZ | $ | 13,721,000.00 | 13,721,000.00 | 58,710.63 | 0.00 | 58,710.63 | 0.00 | 0.00 | 13,721,000.00 | | |
M-5 | MEZ | $ | 13,340,000.00 | 13,340,000.00 | 57,436.11 | 0.00 | 57,436.11 | 0.00 | 0.00 | 13,340,000.00 | | |
M-6 | MEZ | $ | 11,815,000.00 | 11,815,000.00 | 51,395.25 | 0.00 | 51,395.25 | 0.00 | 0.00 | 11,815,000.00 | | |
M-7 | MEZ | $ | 12,196,000.00 | 12,196,000.00 | 58,473.04 | 0.00 | 58,473.04 | 0.00 | 0.00 | 12,196,000.00 | | |
M-8 | MEZ | $ | 9,528,000.00 | 9,528,000.00 | 47,375.33 | 0.00 | 47,375.33 | 0.00 | 0.00 | 9,528,000.00 | | |
M-9 | MEZ | $ | 8,004,000.00 | 8,004,000.00 | 42,999.27 | 0.00 | 42,999.27 | 0.00 | 0.00 | 8,004,000.00 | | |
B-1 | SUB | $ | 7,623,000.00 | 7,623,000.00 | 47,050.85 | 0.00 | 47,050.85 | 0.00 | 0.00 | 7,623,000.00 | | |
B-2 | SUB | $ | 9,147,000.00 | 9,147,000.00 | 56,457.31 | 0.00 | 56,457.31 | 0.00 | 0.00 | 9,147,000.00 | | |
B-3 | SUB | $ | 6,098,000.00 | 6,098,000.00 | 37,638.21 | 0.00 | 37,638.21 | 0.00 | 0.00 | 6,098,000.00 | | |
B-4 | SUB | $ | 7,241,000.00 | 7,241,000.00 | 44,693.06 | 0.00 | 44,693.06 | 0.00 | 0.00 | 7,241,000.00 | | |
B-5 | SUB | $ | 7,623,000.00 | 7,623,000.00 | 47,050.86 | 0.00 | 47,050.86 | 0.00 | 0.00 | 7,623,000.00 | | |
C | SEQ/NOF | $ | 3,810,846.91 | 3,811,314.73 | 1,030,816.77 | 0.00 | 1,030,816.77 | 0.00 | 0.00 | 3,811,314.73 | | |
P | SEQ/NOF | $ | 100.00 | 100.00 | 380,873.36 | 0.00 | 380,873.36 | 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 | 719,583,936.52 | 4,376,757.33 | 26,319,505.36 | 30,696,262.69 | 0.00 | 0.00 | 693,264,431.16 | | |
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Page 2 of 29 | | | | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-2 | | | | |
| | | | | | | | | | | | | | | | | | | | |
December 27, 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 | 11/25/05 | 12/26/05 | A-Act/360 | 35729PLF5 | 217,746,000.00 | 919.323070 | 3.631326 | 52.670302 | 56.301629 | 866.652768 |
I-A2 | 11/25/05 | 12/26/05 | A-Act/360 | 35729PLG3 | 54,436,000.00 | 919.323070 | 3.672185 | 52.670303 | 56.342488 | 866.652767 |
II-A1 | 11/25/05 | 12/26/05 | A-Act/360 | 35729PLH1 | 123,500,000.00 | 832.221295 | 3.183709 | 97.033175 | 100.216884 | 735.188120 |
II-A2 | 11/25/05 | 12/26/05 | A-Act/360 | 35729PLJ7 | 154,300,000.00 | 1,000.000000 | 3.950000 | 0.000000 | 3.950000 | 1,000.000000 |
II-A3 | 11/25/05 | 12/26/05 | A-Act/360 | 35729PLK4 | 15,999,000.00 | 1,000.000000 | 4.065555 | 0.000000 | 4.065555 | 1,000.000000 |
M-1 | 11/25/05 | 12/26/05 | A-Act/360 | 35729PLL2 | 40,019,000.00 | 1,000.000000 | 4.136667 | 0.000000 | 4.136667 | 1,000.000000 |
M-2 | 11/25/05 | 12/26/05 | A-Act/360 | 35729PLM0 | 27,441,000.00 | 1,000.000000 | 4.154444 | 0.000000 | 4.154444 | 1,000.000000 |
M-3 | 11/25/05 | 12/26/05 | A-Act/360 | 35729PLN8 | 18,675,000.00 | 1,000.000000 | 4.172222 | 0.000000 | 4.172222 | 1,000.000000 |
M-4 | 11/25/05 | 12/26/05 | A-Act/360 | 35729PLP3 | 13,721,000.00 | 1,000.000000 | 4.278889 | 0.000000 | 4.278889 | 1,000.000000 |
M-5 | 11/25/05 | 12/26/05 | A-Act/360 | 35729PLQ1 | 13,340,000.00 | 1,000.000000 | 4.305555 | 0.000000 | 4.305555 | 1,000.000000 |
M-6 | 11/25/05 | 12/26/05 | A-Act/360 | 35729PLR9 | 11,815,000.00 | 1,000.000000 | 4.350000 | 0.000000 | 4.350000 | 1,000.000000 |
M-7 | 11/25/05 | 12/26/05 | A-Act/360 | 35729PLS7 | 12,196,000.00 | 1,000.000000 | 4.794444 | 0.000000 | 4.794444 | 1,000.000000 |
M-8 | 11/25/05 | 12/26/05 | A-Act/360 | 35729PLT5 | 9,528,000.00 | 1,000.000000 | 4.972222 | 0.000000 | 4.972222 | 1,000.000000 |
M-9 | 11/25/05 | 12/26/05 | A-Act/360 | 35729PLU2 | 8,004,000.00 | 1,000.000000 | 5.372223 | 0.000000 | 5.372223 | 1,000.000000 |
B-1 | 11/25/05 | 12/26/05 | A-Act/360 | 35729PLV0 | 7,623,000.00 | 1,000.000000 | 6.172222 | 0.000000 | 6.172222 | 1,000.000000 |
B-2 | 11/25/05 | 12/26/05 | A-Act/360 | 35729PLW8 | 9,147,000.00 | 1,000.000000 | 6.172221 | 0.000000 | 6.172221 | 1,000.000000 |
B-3 | 11/25/05 | 12/26/05 | A-Act/360 | 35729PLX6 | 6,098,000.00 | 1,000.000000 | 6.172222 | 0.000000 | 6.172222 | 1,000.000000 |
B-4 | 11/25/05 | 12/26/05 | A-Act/360 | 35729PLY4 | 7,241,000.00 | 1,000.000000 | 6.172222 | 0.000000 | 6.172222 | 1,000.000000 |
B-5 | 11/25/05 | 12/26/05 | A-Act/360 | 35729PLZ1 | 7,623,000.00 | 1,000.000000 | 6.172224 | 0.000000 | 6.172224 | 1,000.000000 |
C | 11/25/05 | 12/24/05 | F-30/360 | | 3,810,846.91 | 1,000.122760 | 270.495455 | 0.000000 | 270.495455 | 1,000.122760 |
P | 11/25/05 | 12/24/05 | F-30/360 | | 100.00 | 1,000.000000 | 3,808,733.600000 | 0.000000 | 3,808,733.600000 | 1,000.000000 |
R | 11/25/05 | 12/24/05 | F-30/360 | | 0.00 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
R-1 | 11/25/05 | 12/24/05 | F-30/360 | | 0.00 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
R-2 | 11/25/05 | 12/24/05 | F-30/360 | | 0.00 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
R-X | 11/25/05 | 12/24/05 | F-30/360 | | 0.00 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
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Page 3 of 29 | | | | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-2 | | | | |
| | | | | | | | | | | | | | | | | | | | |
December 27, 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 | 3,600,276.06 | 28,121,145.42 | 914,681.03 | 29,035,826.45 | 32,636,102.51 | 0.00 | 0.00 | 188,710,173.55 | | |
I-A2 | 54,436,000.00 | 911,071.34 | 7,030,221.79 | 228,668.16 | 7,258,889.96 | 8,169,961.30 | 0.00 | 0.00 | 47,177,110.04 | | |
II-A1 | 123,500,000.00 | 1,887,689.37 | 31,725,654.09 | 978,613.07 | 32,704,267.16 | 34,591,956.53 | 0.00 | 0.00 | 90,795,732.84 | | |
II-A2 | 154,300,000.00 | 2,667,793.43 | 0.00 | 0.00 | 0.00 | 2,667,793.43 | 0.00 | 0.00 | 154,300,000.00 | | |
II-A3 | 15,999,000.00 | 285,398.83 | 0.00 | 0.00 | 0.00 | 285,398.83 | 0.00 | 0.00 | 15,999,000.00 | | |
M-1 | 40,019,000.00 | 727,398.12 | 0.00 | 0.00 | 0.00 | 727,398.12 | 0.00 | 0.00 | 40,019,000.00 | | |
M-2 | 27,441,000.00 | 501,093.63 | 0.00 | 0.00 | 0.00 | 501,093.63 | 0.00 | 0.00 | 27,441,000.00 | | |
M-3 | 18,675,000.00 | 342,596.77 | 0.00 | 0.00 | 0.00 | 342,596.77 | 0.00 | 0.00 | 18,675,000.00 | | |
M-4 | 13,721,000.00 | 258,666.57 | 0.00 | 0.00 | 0.00 | 258,666.57 | 0.00 | 0.00 | 13,721,000.00 | | |
M-5 | 13,340,000.00 | 253,173.74 | 0.00 | 0.00 | 0.00 | 253,173.74 | 0.00 | 0.00 | 13,340,000.00 | | |
M-6 | 11,815,000.00 | 226,725.74 | 0.00 | 0.00 | 0.00 | 226,725.74 | 0.00 | 0.00 | 11,815,000.00 | | |
M-7 | 12,196,000.00 | 259,784.11 | 0.00 | 0.00 | 0.00 | 259,784.11 | 0.00 | 0.00 | 12,196,000.00 | | |
M-8 | 9,528,000.00 | 210,999.55 | 0.00 | 0.00 | 0.00 | 210,999.55 | 0.00 | 0.00 | 9,528,000.00 | | |
M-9 | 8,004,000.00 | 192,457.85 | 0.00 | 0.00 | 0.00 | 192,457.85 | 0.00 | 0.00 | 8,004,000.00 | | |
B-1 | 7,623,000.00 | 212,264.03 | 0.00 | 0.00 | 0.00 | 212,264.03 | 0.00 | 0.00 | 7,623,000.00 | | |
B-2 | 9,147,000.00 | 254,700.11 | 0.00 | 0.00 | 0.00 | 254,700.11 | 0.00 | 0.00 | 9,147,000.00 | | |
B-3 | 6,098,000.00 | 169,800.09 | 0.00 | 0.00 | 0.00 | 169,800.09 | 0.00 | 0.00 | 6,098,000.00 | | |
B-4 | 7,241,000.00 | 201,627.15 | 0.00 | 0.00 | 0.00 | 201,627.15 | 0.00 | 0.00 | 7,241,000.00 | | |
B-5 | 7,623,000.00 | 212,264.03 | 0.00 | 0.00 | 0.00 | 212,264.03 | 0.00 | 0.00 | 7,623,000.00 | | |
C | 3,810,846.91 | 7,285,358.52 | -440.08 | -27.74 | 0.00 | 7,285,358.52 | 0.00 | 467.82 | 3,811,314.73 | | |
P | 100.00 | 1,112,746.09 | 0.00 | 0.00 | 0.00 | 1,112,746.09 | 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 | 21,773,885.13 | 66,876,581.22 | 2,121,934.52 | 68,998,983.57 | 90,772,868.70 | 0.00 | 467.82 | 693,264,431.16 | | |
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Page 4 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
December 27, 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 | 4.44375% | 200,178,921.22 | 790,706.74 | 0.00 | 0.00 | 0.00 | 790,706.74 | 790,706.74 | 0.00 | | |
I-A2 | 4.49375% | 50,044,270.63 | 199,899.06 | 0.00 | 0.00 | 0.00 | 199,899.06 | 199,899.06 | 0.00 | | |
II-A1 | 4.30375% | 102,779,329.94 | 393,188.04 | 0.00 | 0.00 | 0.00 | 393,188.04 | 393,188.04 | 0.00 | | |
II-A2 | 4.44375% | 154,300,000.00 | 609,485.00 | 0.00 | 0.00 | 0.00 | 609,485.00 | 609,485.00 | 0.00 | | |
II-A3 | 4.57375% | 15,999,000.00 | 65,044.82 | 0.00 | 0.00 | 0.00 | 65,044.82 | 65,044.82 | 0.00 | | |
M-1 | 4.65375% | 40,019,000.00 | 165,545.26 | 0.00 | 0.00 | 0.00 | 165,545.26 | 165,545.26 | 0.00 | | |
M-2 | 4.67375% | 27,441,000.00 | 114,002.11 | 0.00 | 0.00 | 0.00 | 114,002.11 | 114,002.11 | 0.00 | | |
M-3 | 4.69375% | 18,675,000.00 | 77,916.25 | 0.00 | 0.00 | 0.00 | 77,916.25 | 77,916.25 | 0.00 | | |
M-4 | 4.81375% | 13,721,000.00 | 58,710.63 | 0.00 | 0.00 | 0.00 | 58,710.63 | 58,710.63 | 0.00 | | |
M-5 | 4.84375% | 13,340,000.00 | 57,436.11 | 0.00 | | 0.00 | 0.00 | 57,436.11 | 57,436.11 | 0.00 | | |
M-6 | 4.89375% | 11,815,000.00 | 51,395.25 | 0.00 | 0.00 | 0.00 | 51,395.25 | 51,395.25 | 0.00 | | |
M-7 | 5.39375% | 12,196,000.00 | 58,473.04 | 0.00 | 0.00 | 0.00 | 58,473.04 | 58,473.04 | 0.00 | | |
M-8 | 5.59375% | 9,528,000.00 | 47,375.33 | 0.00 | 0.00 | 0.00 | 47,375.33 | 47,375.33 | 0.00 | | |
M-9 | 6.04375% | 8,004,000.00 | 42,999.27 | 0.00 | 0.00 | 0.00 | 42,999.27 | 42,999.27 | 0.00 | | |
B-1 | 6.48435% | 7,623,000.00 | 43,937.96 | 0.00 | 0.00 | 0.00 | 43,937.96 | 47,050.85 | 0.00 | | |
B-2 | 6.48435% | 9,147,000.00 | 52,722.09 | 0.00 | 0.00 | 0.00 | 52,722.09 | 56,457.31 | 0.00 | | |
B-3 | 6.48435% | 6,098,000.00 | 35,148.06 | 0.00 | 0.00 | 0.00 | 35,148.06 | 37,638.21 | 0.00 | | |
B-4 | 6.48435% | 7,241,000.00 | 41,736.16 | 0.00 | 0.00 | 0.00 | 41,736.16 | 44,693.06 | 0.00 | | |
B-5 | 6.48435% | 7,623,000.00 | 43,937.96 | 0.00 | 0.00 | 0.00 | 43,937.96 | 47,050.86 | 0.00 | | |
C | 324.55470% | 3,811,314.73 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,030,816.77 | 0.00 | | |
P | 4,570,480.32000% | 100.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 380,873.36 | 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 | | 719,583,936.52 | 2,949,659.14 | 0.00 | 0.00 | 0.00 | 2,949,659.14 | 4,376,757.33 | 0.00 | | |
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Page 5 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
Collection Account Report | |
SUMMARY | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Principal Collections | | | | | 11,983,597.10 | 14,335,908.26 | 26,319,505.36 | | |
Principal Withrawals | | | | | 0.00 | 0.00 | 0.00 | | |
Principal Other Accounts | | | | | 0.00 | 0.00 | 0.00 | | |
TOTAL NET PRINCIPAL | | | | | 11,983,597.10 | 14,335,908.26 | 26,319,505.36 | | |
Interest Collections | | | | | 2,075,775.00 | 1,948,121.07 | 4,023,896.07 | | |
Interest Withdrawals | | | | | -0.00 | -0.00 | -0.00 | | |
Interest Other Accounts | | | | | 141,648.68 | 239,224.68 | 380,873.36 | | |
Interest Fees | | | | | -12,075.38 | -15,936.72 | -28,012.10 | | |
TOTAL NET INTEREST | | | | | 2,205,348.30 | 2,171,409.03 | 4,376,757.33 | | |
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION | | | | | 14,188,945.40 | 16,507,317.29 | 30,696,262.69 | | |
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PRINCIPAL - COLLECTIONS | | |
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| | | | | | | | | | | Group 2 | Group 1 | Total | |
Scheduled Principal Received | | | | | 200,844.25 | 207,762.73 | 408,606.98 | |
Curtailments | | | | | 2,374.05 | 3,557.73 | 5,931.78 | |
Prepayments In Full | | | | | 9,116,654.31 | 11,770,234.06 | 20,886,888.37 | |
Repurchased/Substitutions | | | | | 2,663,724.49 | 2,354,353.74 | 5,018,078.23 | |
Liquidations | | | | | 0.00 | 0.00 | 0.00 | |
Other Additional Principal | | | | | 0.00 | 0.00 | 0.00 | |
Delinquent Principal | | | | | -188,163.25 | -190,081.65 | -378,244.90 | |
Realized Losses | | | | | -0.00 | -0.00 | -0.00 | |
Advanced Principal | | | | | 188,163.25 | 190,081.65 | 378,244.90 | |
TOTAL PRINCIPAL COLLECTED | | | | | 11,983,597.10 | 14,335,908.26 | 26,319,505.36 | |
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PRINCIPAL - WITHDRAWALS | | |
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SPACE INTENTIONALLY LEFT BLANK | | |
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PRINCIPAL - OTHER ACCOUNTS | | |
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| | | | | | | | | | Group 2 | Group 1 | Total | | |
TOTAL PRINCIPAL OTHER ACCOUNTS | | | | | 0.00 | 0.00 | 0.00 | | |
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Page 6 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
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INTEREST - COLLECTIONS | | |
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| | | | | | | | | | Group 2 | Group 1 | Total | | |
Scheduled Interest | | | | | 2,206,216.33 | 2,060,675.99 | 4,266,892.32 | | |
Repurchased/Substitution Interest | | | | | 17,639.85 | 16,453.10 | 34,092.95 | | |
Liquidation Interest | | | | | 0.00 | 0.00 | 0.00 | | |
Other Additional Interest | | | | | 0.00 | 0.00 | 0.00 | | |
Prepayment Interest Shortfalls | | | | | -32,386.62 | -38,909.28 | -71,295.90 | | |
Delinquent Interest | | | | | -1,987,514.21 | -1,835,755.62 | -3,823,269.83 | | |
Compensating Interest | | | | | 32,386.62 | 38,909.27 | 71,295.89 | | |
Civil Relief Act Shortfalls | | | | | -0.00 | -0.00 | -0.00 | | |
Interest Advanced | | | | | 1,839,433.04 | 1,706,747.60 | 3,546,180.64 | | |
TOTAL INTEREST COLLECTED | | | | | 2,075,775.00 | 1,948,121.07 | 4,023,896.07 | | |
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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 | | | | | | | | | 380,873.36 | | |
TOTAL INTEREST OTHER ACCOUNTS | | | | | 141,648.68 | 239,224.68 | 380,873.36 | | |
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INTEREST - FEES | | |
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| | | | | | | | | | Group 2 | Group 1 | Total | | |
Current Servicing Fees | | | | | 12,075.38 | 15,936.72 | 28,012.10 | | |
Trustee Fees | | | | | 0.00 | 0.00 | 0.00 | | |
TOTAL INTEREST FEES | | | | | 12,075.38 | 15,936.72 | 28,012.10 | | |
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Page 7 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
December 27, 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 | 15,408.06 | | |
Amount Withdrawn | 15,408.06 | | |
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 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
Collateral Report | |
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COLLATERAL | | |
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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 | | | | | 1,411 | 2,089 | 3,500 | | |
Prefunding | | | | | 0 | 0 | 0 | | |
Scheduled Paid Offs | | | | | -0 | -0 | -0 | | |
Full Voluntary Prepayments | | | | | -37 | -63 | -100 | | |
Repurchases | | | | | -11 | -13 | -24 | | |
Liquidations | | | | | -0 | -0 | -0 | | |
Current | | | | | 1,363 | 2,013 | 3,376 | | |
Principal Balance: | | | | | | | | | | | | | | |
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Original | | | | | 395,687,863.79 | 366,575,083.12 | 762,262,946.91 | | |
Prior | | | | | 374,967,325.78 | 344,616,610.75 | 719,583,936.53 | | |
Prefunding | | | | | 0.00 | 0.00 | 0.00 | | |
Scheduled Principal | | | | | -200,844.25 | -207,762.73 | -408,606.98 | | |
Partial Prepayments | | | | | -2,374.05 | -3,557.73 | -5,931.78 | | |
Full Voluntary Prepayments | | | | | -9,116,654.31 | -11,770,234.06 | -20,886,888.37 | | |
Repurchases | | | | | -2,663,724.49 | -2,354,353.74 | -5,018,078.23 | | |
Liquidations | | | | | -0.00 | -0.00 | -0.00 | | |
Current | | | | | 362,983,728.68 | 330,280,702.49 | 693,264,431.17 | | |
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PREFUNDING | | |
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SPACE INTENTIONALLY LEFT BLANK | | |
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Page 9 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
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CHARACTERISTICS | | |
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| | | | | | | | | | Group 2 | Group 1 | Total | | |
Weighted Average Coupon Original | | | | | 7.13801% | 7.27986% | 7.20622% | | |
Weighted Average Coupon Prior | | | | | 7.12623% | 7.26282% | 7.19179% | | |
Weighted Average Coupon Current | | | | | 7.11696% | 7.25175% | 7.18151% | | |
Weighted Average Months to Maturity Original | | | | | 356 | 355 | 355 | | |
Weighted Average Months to Maturity Prior | | | | | 353 | 352 | 352 | | |
Weighted Average Months to Maturity Current | | | | | 352 | 351 | 351 | | |
Weighted Avg Remaining Amortization Term Original | | | | | 356 | 355 | 355 | | |
Weighted Avg Remaining Amortization Term Prior | | | | | 353 | 352 | 352 | | |
Weighted Avg Remaining Amortization Term Current | | | | | 352 | 351 | 351 | | |
Weighted Average Seasoning Original | | | | | 3.20 | 3.15 | 3.18 | | |
Weighted Average Seasoning Prior | | | | | 6.19 | 6.15 | 6.17 | | |
Weighted Average Seasoning Current | | | | | 7.20 | 7.15 | 7.17 | | |
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Page 10 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
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ARM CHARACTERISTICS | | |
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| | | | | | | | | | Group 2 | Group 1 | Total | | |
Weighted Average Margin Original | | | | | 6.39422% | 6.58322% | 6.48394% | | |
Weighted Average Margin Prior | | | | | 6.37833% | 6.57958% | 6.47370% | | |
Weighted Average Margin Current | | | | | 6.37165% | 6.57428% | 6.46733% | | |
Weighted Average Max Rate Original | | | | | 13.93750% | 14.24411% | 14.08304% | | |
Weighted Average Max Rate Prior | | | | | 13.92470% | 14.22250% | 14.06582% | | |
Weighted Average Max Rate Current | | | | | 13.91487% | 14.21067% | 14.05455% | | |
Weighted Average Min Rate Original | | | | | 7.04155% | 7.33824% | 7.18238% | | |
Weighted Average Min Rate Prior | | | | | 7.02699% | 7.31899% | 7.16536% | | |
Weighted Average Min Rate Current | | | | | 7.01722% | 7.30797% | 7.15451% | | |
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 | | |
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| | | | | | | | | | | Group 2 | Group 1 | Total | |
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Current Servicing Fees | | | | | 12,075.38 | 15,936.72 | 28,012.10 | | |
Delinquent Servicing Fees | | | | | 139,301.88 | 126,401.48 | 265,703.36 | | |
TOTAL SERVICING FEES | | | | | 155,812.27 | 143,467.89 | 299,280.16 | | |
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Total Servicing Fees | | | | | 155,812.27 | 143,467.89 | 299,280.16 | | |
Compensating Interest | | | | | -32,386.62 | -38,909.27 | -71,295.89 | | |
Delinquent Servicing Fees | | | | | -139,301.88 | -126,401.48 | -265,703.36 | | |
COLLECTED SERVICING FEES | | | | | -15,876.23 | -21,842.87 | -37,719.10 | | |
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Total Advaced Interest | | | | | 1,839,433.04 | 1,706,747.60 | 3,546,180.64 | | |
Total Advaced Principal | | | | | 188,163.25 | 190,081.65 | 378,244.90 | | |
Aggregate Advances with respect to this Distribution | | | | | 2,027,596.29 | 1,896,829.26 | 3,924,425.54 | | |
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ADDITIONAL COLLATERAL INFORMATION | | |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Prepayment Interest Shortfall (PPIS) | | | | | 32,386.62 | 38,909.28 | 71,295.90 | | |
Compensating Interest | | | | | -32,386.62 | -38,909.27 | -71,295.89 | | |
Net Prepayment Interest Shortfall (PPIS) | | | | | 0.00 | 0.00 | 0.00 | | |
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Weighted Average Net Mortgage Rate | | | | | | | 7.057730% | 7.298813% | | |
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Libor For Current Period | | | | | | | | | 4.193750% | | |
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Libor For Next Period | | | | | | | | | 4.378750% | | |
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Page 11 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
Delinquency Report | |
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| TOTAL | | | | | | | | | | | | |
| | | | | < 1 PAYMENT | 1 PAYMENT | 2 PAYMENTS | 3+ PAYMENTS | TOTAL | | | |
| DELINQUENT | Balance | | | 33,725,662.99 | 11,863,304.09 | 7,010,602.13 | 52,599,569.21 | | | |
| % Balance | | | 4.86% | 1.71% | 1.01% | 7.59% | | | |
| # Loans | | | 171 | 69 | 36 | 276 | | | |
| % # Loans | | | 5.07% | 2.04% | 1.07% | 8.18% | | | |
| FORECLOSURE | Balance | 0.00 | 0.00 | 0.00 | 2,709,453.14 | 2,709,453.14 | | | |
| % Balance | 0.00% | 0.00% | 0.00% | 0.39% | 0.39% | | | |
| # Loans | 0 | 0 | 0 | 8 | 8 | | | |
| % # Loans | 0.00% | 0.00% | 0.00% | 0.24% | 0.24% | | | |
| BANKRUPTCY | Balance | 0.00 | 0.00 | 290,739.95 | 274,125.15 | 564,865.10 | | | |
| % Balance | 0.00% | 0.00% | 0.04% | 0.04% | 0.08% | | | |
| # Loans | 0 | 0 | 2 | 4 | 6 | | | |
| % # Loans | 0.00% | 0.00% | 0.06% | 0.12% | 0.18% | | | |
| 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 | 33,725,662.99 | 12,154,044.04 | 9,994,180.42 | 55,873,887.45 | | | |
| % Balance | 0.00% | 4.86% | 1.75% | 1.44% | 8.06% | | | |
| # Loans | 0 | 171 | 71 | 48 | 290 | | | |
| % # Loans | 0.00% | 5.07% | 2.10% | 1.42% | 8.59% | | | |
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Page 12 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
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December 27, 2005 Distribution | |
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| GROUP 1 | | | | | | | | | | | | |
| | | | | < 1 PAYMENT | 1 PAYMENT | 2 PAYMENTS | 3+ PAYMENTS | TOTAL | | | |
| DELINQUENT | Balance | | | 16,659,736.75 | 6,078,767.80 | 3,027,939.82 | 25,766,444.37 | | | |
| % Balance | | | 5.04% | 1.84% | 0.92% | 7.80% | | | |
| # Loans | | | 104 | 43 | 20 | 167 | | | |
| % # Loans | | | 5.17% | 2.14% | 0.99% | 8.30% | | | |
| FORECLOSURE | Balance | 0.00 | 0.00 | 0.00 | 659,274.80 | 659,274.80 | | | |
| % Balance | 0.00% | 0.00% | 0.00% | 0.20% | 0.20% | | | |
| # Loans | 0 | 0 | 0 | 3 | 3 | | | |
| % # Loans | 0.00% | 0.00% | 0.00% | 0.15% | 0.15% | | | |
| BANKRUPTCY | Balance | 0.00 | 0.00 | 290,739.95 | 175,416.20 | 466,156.15 | | | |
| % Balance | 0.00% | 0.00% | 0.09% | 0.05% | 0.14% | | | |
| # Loans | 0 | 0 | 2 | 2 | 4 | | | |
| % # Loans | 0.00% | 0.00% | 0.10% | 0.10% | 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 | 0.00 | 16,659,736.75 | 6,369,507.75 | 3,862,630.82 | 26,891,875.32 | | | |
| % Balance | 0.00% | 5.04% | 1.93% | 1.17% | 8.14% | | | |
| # Loans | 0 | 104 | 45 | 25 | 174 | | | |
| % # Loans | 0.00% | 5.17% | 2.24% | 1.24% | 8.64% | | | |
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Page 13 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
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December 27, 2005 Distribution | |
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| GROUP 2 | | | | | | | | | | | | |
| | | | | < 1 PAYMENT | 1 PAYMENT | 2 PAYMENTS | 3+ PAYMENTS | TOTAL | | | |
| DELINQUENT | Balance | | | 17,065,926.24 | 5,784,536.29 | 3,982,662.31 | 26,833,124.84 | | | |
| % Balance | | | 4.70% | 1.59% | 1.10% | 7.39% | | | |
| # Loans | | | 67 | 26 | 16 | 109 | | | |
| % # Loans | | | 4.92% | 1.91% | 1.17% | 8.00% | | | |
| FORECLOSURE | Balance | 0.00 | 0.00 | 0.00 | 2,050,178.34 | 2,050,178.34 | | | |
| % Balance | 0.00% | 0.00% | 0.00% | 0.56% | 0.56% | | | |
| # Loans | 0 | 0 | 0 | 5 | 5 | | | |
| % # Loans | 0.00% | 0.00% | 0.00% | 0.37% | 0.37% | | | |
| BANKRUPTCY | Balance | 0.00 | 0.00 | 0.00 | 98,708.95 | 98,708.95 | | | |
| % Balance | 0.00% | 0.00% | 0.00% | 0.03% | 0.03% | | | |
| # Loans | 0 | 0 | 0 | 2 | 2 | | | |
| % # Loans | 0.00% | 0.00% | 0.00% | 0.15% | 0.15% | | | |
| 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 | 17,065,926.24 | 5,784,536.29 | 6,131,549.60 | ####### | | | | |
| % Balance | 0.00% | 4.70% | 1.59% | 1.69% | 7.98% | | | |
| # Loans | 0 | 67 | 26 | 23 | 116 | | | |
| % # Loans | 0.00% | 4.92% | 1.91% | 1.69% | 8.51% | | | |
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Page 14 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
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December 27, 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 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
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December 27, 2005 Distribution | |
Foreclosure Report | |
Loan Number | Original | Stated | | Current | State & | | | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | First | | |
& | Principal | Principal | Paid to | Note | LTV at | Original | Payment | |
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Loan Group | Balance | Balance | Date | Rate | Origination | Term | Date | |
1000240504 1 | |
300,000.00 | 298,161.18 | 01-Jun-2005 | 6.750% | CA - 64.52% | 360 | | 01-Jun-2005 | |
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1000243077 1 | 227,250.00 | 226,379.42 | 01-May-2005 | 9.100% | CA - 79.74% | 360 | | 01-Jun-2005 | |
6000149277 1 | 135,100.00 | 134,734.20 | 01-May-2005 | 10.750% | CT - 70.00% | 360 | | 01-Jun-2005 | |
1000240723 2 | 376,000.00 | 374,009.65 | 01-Jun-2005 | 7.500% | CA - 80.00% | 360 | | 01-Jun-2005 | |
1000241090 2 | 440,100.00 | 437,454.10 | 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 | |
5000138736 2 | 408,000.00 | 404,408.50 | 01-Jun-2005 | 6.200% | MN - 80.00% | 360 | | 01-Apr-2005 | |
8000044536 2 | 368,000.00 | 366,306.09 | 01-Jun-2005 | 8.200% | NY - 80.00% | 360 | | 01-Jun-2005 | |
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TOTAL | 2,722,450.00 | 2,709,453.14 | | | | | | | | | | | |
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Page 16 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
Prepayment Report | |
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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 | | | | | 37 | 63 | 100 | | |
Number of Repurchased Loans | | | | | 11 | 13 | 24 | | |
Total Number of Loans Prepaid in Full | | | | | 48 | 76 | 124 | | |
Curtailments Amount | | | | | 2,374.05 | 3,557.73 | 5,931.78 | | |
Paid in Full Balance | | | | | 9,116,654.31 | 11,770,234.06 | 20,886,888.37 | | |
Repurchased Loans Balance | | | | | 2,663,724.49 | 2,354,353.74 | 5,018,078.23 | | |
Total Prepayment Amount | | | | | 11,782,752.85 | 14,128,145.53 | 25,910,898.38 | | |
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Cumulative | | | | | | | | | | | | | | |
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Number of Paid in Full Loans | | | | | 107 | 173 | 280 | | |
Number of Repurchased Loans | | | | | 11 | 13 | 24 | | |
Total Number of Loans Prepaid in Full | | | | | 118 | 186 | 304 | | |
Paid in Full Balance | | | | | 28,950,965.90 | 32,776,391.03 | 61,727,356.93 | | |
Repurchased Loans Balance | | | | | 2,663,724.49 | 2,354,353.74 | 5,018,078.23 | | |
Curtailments Amount | | | | | 49,585.03 | 81,561.03 | 131,146.06 | | |
Total Prepayment Amount | | | | | 31,664,275.42 | 35,212,305.80 | 66,876,581.22 | | |
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Page 17 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
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VOLUNTARY PREPAYMENTS RATES | | |
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| | | | | | | | | | | Group 2 | Group 1 | Total | |
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SMM | | | | | 3.14% | 4.10% | 3.60% | | |
3 Months Avg SMM | | | | | 2.00% | 2.27% | 2.13% | | |
12 Months Avg SMM | | | | | 1.66% | 2.00% | 1.82% | | |
Avg SMM Since Cut-off | | | | | 1.66% | 2.00% | 1.82% | | |
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CPR | | | | | 31.84% | 39.51% | 35.62% | | |
3 Months Avg CPR | | | | | 21.57% | 24.11% | 22.79% | | |
12 Months Avg CPR | | | | | 18.17% | 21.57% | 19.82% | | |
Avg CPR Since Cut-off | | | | | 18.17% | 21.57% | 19.82% | | |
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PSA | | | | | 2,212.70% | 2,761.75% | 2,482.07% | | |
3 Months Avg PSA Approximation | | | | | 1,741.66% | 1,960.07% | 1,846.41% | | |
12 Months Avg PSA Approximation | | | | | 1,748.63% | 2,093.71% | 1,914.76% | | |
Avg PSA Since Cut-off Approximation | | | | | 1,748.63% | 2,093.71% | 1,914.75% | | |
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Page 18 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
December 27, 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 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
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2005-2 | |
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December 27, 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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1000226968 2 | | 87,000.00 | 86,643.22 | | 30-Nov-2005 | 9.990% | CA - 100.00% | Paid Off - 360 | 01-Apr-2005 |
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1000233887 1 | | 126,000.00 | 125,407.12 | | 07-Nov-2005 | 7.300% | SC - 90.00% | Paid Off - 360 | 01-Jun-2005 |
1000233921 2 | | 101,813.00 | 101,461.40 | | 01-Nov-2005 | 9.600% | CA - 100.00% | Paid Off - 360 | 01-May-2005 |
1000234101 1 | | 300,000.00 | 298,996.10 | | 30-Nov-2005 | 8.990% | DC - 75.00% | Paid Off - 360 | 01-Jun-2005 |
1000234545 1 | | 178,500.00 | 177,951.34 | | 21-Nov-2005 | 9.400% | CA - 70.00% | Paid Off - 360 | 01-Jun-2005 |
1000235309 2 | | 560,000.00 | 557,441.88 | | 01-Nov-2005 | 7.450% | CA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
1000235365 2 | | 140,000.00 | 139,532.02 | | 01-Nov-2005 | 9.500% | CA - 100.00% | Paid Off - 360 | 01-Jun-2005 |
1000235935 2 | | 202,240.00 | 202,240.00 | | 07-Nov-2005 | 5.990% | CA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
1000236227 2 | | 50,560.00 | 50,422.67 | | 08-Nov-2005 | 9.990% | CA - 100.00% | Paid Off - 360 | 01-Jun-2005 |
1000236482 1 | | 171,900.00 | 171,083.10 | | 30-Nov-2005 | 7.250% | FL - 90.00% | Paid Off - 360 | 01-Jun-2005 |
1000236527 1 | | 240,000.00 | 238,987.50 | | 07-Nov-2005 | 7.850% | CA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
1000237235 1 | | 147,000.00 | 146,456.08 | | 28-Nov-2005 | 8.500% | MD - 79.03% | Paid Off - 360 | 01-Jun-2005 |
1000238280 1 | | 142,863.00 | 142,079.31 | | 23-Nov-2005 | 6.750% | CA - 92.17% | Paid Off - 360 | 01-Jun-2005 |
1000238473 1 | | 110,700.00 | 110,073.56 | | 29-Nov-2005 | 6.350% | AZ - 90.00% | Paid Off - 360 | 01-Jun-2005 |
1000238622 1 | | 351,200.00 | 351,200.00 | | 01-Nov-2005 | 6.250% | MD - 77.20% | Paid Off - 360 | 01-Jun-2005 |
1000239360 1 | | 197,600.00 | 196,740.85 | | 03-Nov-2005 | 7.990% | CA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
1000239687 1 | | 318,000.00 | 316,631.37 | | 04-Nov-2005 | 7.750% | CA - 79.50% | Paid Off - 360 | 01-Jun-2005 |
1000239747 2 | | 330,400.00 | 328,814.48 | | 09-Nov-2005 | 7.200% | CA - 70.00% | Paid Off - 360 | 01-Jun-2005 |
1000239916 1 | | 158,000.00 | 157,477.74 | | 03-Nov-2005 | 9.050% | CA - 51.80% | Paid Off - 360 | 01-Jun-2005 |
1000240220 2 | | 200,200.00 | 199,140.90 | | 04-Nov-2005 | 6.700% | AZ - 77.00% | Paid Off - 360 | 01-Jun-2005 |
1000240406 1 | | 180,000.00 | 179,161.36 | | 21-Nov-2005 | 7.350% | WI - 87.80% | Paid Off - 360 | 01-Jun-2005 |
1000240417 1 | | 254,400.00 | 253,220.53 | | 07-Nov-2005 | 7.375% | AZ - 80.00% | Paid Off - 360 | 01-Jun-2005 |
1000241063 1 | | 100,000.00 | 99,460.66 | | 15-Nov-2005 | 6.600% | MD - 80.00% | Paid Off - 360 | 01-Jun-2005 |
1000241183 2 | | 680,000.00 | 680,000.00 | | 02-Nov-2005 | 5.650% | CA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
1000241244 1 | | 25,000.00 | 24,920.29 | | 15-Nov-2005 | 9.225% | MD - 100.00% | Paid Off - 360 | 01-Jun-2005 |
1000241394 2 | | 170,000.00 | 169,436.17 | | 02-Nov-2005 | 8.990% | CA - 100.00% | Paid Off - 360 | 01-Jun-2005 |
1000241656 1 | | 378,000.00 | 376,203.40 | | 08-Nov-2005 | 7.250% | CA - 90.00% | Paid Off - 360 | 01-Jun-2005 |
1000241668 2 | | 21,000.00 | 20,752.99 | | 08-Nov-2005 | 12.500% | CA - 95.00% | Paid Off - 180 | 01-Jun-2005 |
1000241907 2 | | 515,000.00 | 515,000.00 | | 22-Nov-2005 | 6.500% | CA - 76.87% | Paid Off - 360 | 01-Jun-2005 |
1000242387 1 | | 313,600.00 | 311,875.77 | | 29-Nov-2005 | 6.500% | CA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
1000242442 1 | | 240,000.00 | 240,000.00 | | 23-Nov-2005 | 5.750% | CA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
1000242526 1 | | 255,000.00 | 253,635.56 | | 02-Nov-2005 | 6.650% | CA - 85.00% | Paid Off - 360 | 01-Jun-2005 |
1000242540 2 | | 100,000.00 | 99,544.47 | | 17-Nov-2005 | 7.500% | MD - 80.00% | Paid Off - 360 | 01-Jun-2005 |
1000242598 1 | | 45,000.00 | 44,882.76 | | 02-Nov-2005 | 10.250% | CA - 100.00% | Paid Off - 360 | 01-Jun-2005 |
1000242683 2 | | 25,000.00 | 24,925.44 | | 17-Nov-2005 | 9.725% | MD - 100.00% | Paid Off - 360 | 01-Jun-2005 |
1000242901 2 | | 140,000.00 | 140,000.00 | | 03-Nov-2005 | 7.950% | AZ - 80.00% | Paid Off - 360 | 01-Jun-2005 |
1000242948 2 | | 35,000.00 | 34,927.37 | | 03-Nov-2005 | 11.250% | AZ - 100.00% | Paid Off - 360 | 01-Jun-2005 |
1000243548 1 | | 234,000.00 | 234,000.00 | | 18-Nov-2005 | 6.990% | CA - 90.00% | Paid Off - 360 | 01-Jun-2005 |
1000243556 1 | | 143,500.00 | 142,894.62 | | 16-Nov-2005 | 7.850% | CA - 70.00% | Paid Off - 360 | 01-Jun-2005 |
1000243584 1 | | 273,000.00 | 271,728.02 | | 02-Nov-2005 | 7.350% | GA - 89.22% | Paid Off - 360 | 01-Jun-2005 |
1000243876 1 | | 346,400.00 | 346,400.00 | | 29-Nov-2005 | 5.990% | CA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 20 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
December 27, 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 |
| | |
1000244294 2 | | 668,000.00 | 665,096.29 | | 01-Nov-2005 | 7.700% | CA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
|
1000244381 1 | | 105,000.00 | 104,767.63 | | 07-Nov-2005 | 10.950% | FL - 70.00% | Paid Off - 360 | 01-Jun-2005 |
1000245883 2 | | 706,500.00 | 703,076.21 | | 22-Nov-2005 | 7.150% | CA - 90.00% | Paid Off - 360 | 01-Jun-2005 |
5000142096 1 | | 210,400.00 | 209,125.01 | | 29-Nov-2005 | 5.990% | WI - 80.00% | Paid Off - 360 | 01-Jun-2005 |
5000143491 1 | | 148,000.00 | 147,342.49 | | 23-Nov-2005 | 9.500% | MN - 80.00% | Paid Off - 360 | 01-Jun-2005 |
5000144479 1 | | 214,000.00 | 212,821.13 | | 23-Nov-2005 | 6.490% | MA - 64.85% | Paid Off - 360 | 01-Jun-2005 |
5000146422 1 | | 183,600.00 | 182,638.08 | | 07-Nov-2005 | 6.750% | IL - 90.00% | Paid Off - 360 | 01-Jun-2005 |
5000147261 2 | | 160,000.00 | 159,094.62 | | 03-Nov-2005 | 6.350% | MI - 80.00% | Paid Off - 360 | 01-Jun-2005 |
5000147711 1 | | 128,430.00 | 127,830.40 | | 23-Nov-2005 | 7.340% | MN - 90.00% | Paid Off - 360 | 01-Jun-2005 |
5000147750 1 | | 14,270.00 | 13,818.93 | | 23-Nov-2005 | 8.990% | MN - 100.00% | Paid Off - 120 | 01-Jun-2005 |
5000148054 2 | | 456,000.00 | 453,564.31 | | 23-Nov-2005 | 6.650% | IL - 80.00% | Paid Off - 360 | 01-Jun-2005 |
5000148304 1 | | 126,800.00 | 126,265.08 | | 01-Nov-2005 | 7.850% | MN - 80.00% | Paid Off - 360 | 01-Jun-2005 |
5000148437 1 | | 31,700.00 | 31,431.75 | | 01-Nov-2005 | 9.625% | MN - 100.00% | Paid Off - 240 | 01-Jun-2005 |
6000137784 2 | | 22,750.00 | 22,354.93 | | 10-Nov-2005 | 11.500% | FL - 95.00% | Paid Off - 180 | 01-Apr-2005 |
6000143927 1 | | 180,000.00 | 178,999.06 | | 02-Nov-2005 | 7.250% | MD - 90.00% | Paid Off - 360 | 01-May-2005 |
6000144455 2 | | 336,000.00 | 335,847.44 | | 08-Nov-2005 | 7.000% | CT - 80.00% | Paid Off - 360 | 01-Jun-2005 |
6000146211 2 | | 134,250.00 | 133,854.20 | | 26-Nov-2005 | 9.600% | FL - 75.00% | Paid Off - 360 | 01-Jun-2005 |
6000146405 1 | | 45,400.00 | 45,222.45 | | 10-Nov-2005 | 9.000% | FL - 100.00% | Paid Off - 360 | 01-May-2005 |
6000146747 1 | | 172,000.00 | 171,190.26 | | 17-Nov-2005 | 7.300% | GA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
6000147630 1 | | 224,000.00 | 223,405.57 | | 15-Nov-2005 | 10.100% | DC - 70.00% | Paid Off - 360 | 01-Jun-2005 |
6000147962 1 | | 250,500.00 | 249,135.85 | | 08-Nov-2005 | 6.550% | MA - 50.00% | Paid Off - 360 | 01-Jun-2005 |
6000148273 1 | | 283,100.00 | 281,684.39 | | 21-Nov-2005 | 6.990% | NC - 95.00% | Paid Off - 360 | 01-Jun-2005 |
6000149032 2 | | 367,250.00 | 365,905.03 | | 03-Nov-2005 | 8.550% | FL - 65.00% | Paid Off - 360 | 01-Jun-2005 |
6000149048 1 | | 150,000.00 | 149,224.79 | | 21-Nov-2005 | 7.050% | MD - 67.26% | Paid Off - 360 | 01-Jun-2005 |
6000149496 2 | | 117,000.00 | 116,717.84 | | 22-Nov-2005 | 10.550% | NC - 65.00% | Paid Off - 360 | 01-Jun-2005 |
6000149595 1 | | 343,800.00 | 343,800.00 | | 09-Nov-2005 | 6.650% | MD - 90.00% | Paid Off - 360 | 01-Jun-2005 |
6000149978 2 | | 517,600.00 | 515,188.42 | | 17-Nov-2005 | 7.350% | MA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
6000150104 2 | | 129,400.00 | 129,108.96 | | 17-Nov-2005 | 10.000% | MA - 100.00% | Paid Off - 360 | 01-Jun-2005 |
6000150861 1 | | 85,000.00 | 84,685.49 | | 14-Nov-2005 | 8.500% | PA - 100.00% | Paid Off - 360 | 01-Jun-2005 |
6000151093 2 | | 112,500.00 | 112,020.61 | | 15-Nov-2005 | 7.800% | FL - 90.00% | Paid Off - 360 | 01-Jun-2005 |
6000151333 1 | | 127,500.00 | 126,867.95 | | 22-Nov-2005 | 8.080% | FL - 85.00% | Paid Off - 360 | 01-Jun-2005 |
6000151638 1 | | 192,000.00 | 191,397.43 | | 29-Nov-2005 | 9.300% | MD - 80.00% | Paid Off - 360 | 01-Jun-2005 |
6000152222 1 | | 208,000.00 | 206,681.25 | | 17-Nov-2005 | 5.750% | MA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
6000152459 2 | | 216,000.00 | 215,003.45 | | 04-Nov-2005 | 7.400% | MD - 90.00% | Paid Off - 360 | 01-Jun-2005 |
6000152544 2 | | 24,000.00 | 23,815.46 | | 04-Nov-2005 | 10.375% | MD - 100.00% | Paid Off - 240 | 01-Jun-2005 |
6000152561 1 | | 126,000.00 | 126,000.00 | | 09-Nov-2005 | 7.950% | MD - 90.00% | Paid Off - 360 | 01-Jun-2005 |
6000152581 1 | | 14,000.00 | 13,808.79 | | 09-Nov-2005 | 10.875% | MD - 100.00% | Paid Off - 180 | 01-Jun-2005 |
6000152587 1 | | 109,250.00 | 108,869.81 | | 11-Nov-2005 | 8.800% | FL - 95.00% | Paid Off - 360 | 01-Jun-2005 |
6000154185 1 | | 75,600.00 | 75,285.51 | | 02-Nov-2005 | 8.050% | FL - 90.00% | Paid Off - 360 | 01-Jun-2005 |
7000141899 2 | | 468,800.00 | 466,159.88 | | 21-Nov-2005 | 6.375% | CA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
7000142190 2 | | 117,200.00 | 116,828.33 | | 21-Nov-2005 | 9.250% | CA - 100.00% | Paid Off - 360 | 01-Jun-2005 |
7000144864 1 | | 325,500.00 | 323,870.10 | | 29-Nov-2005 | 6.990% | CA - 75.00% | Paid Off - 360 | 01-Jun-2005 |
7000145513 1 | | 257,000.00 | 257,000.00 | | 09-Nov-2005 | 7.750% | CA - 84.97% | Paid Off - 360 | 01-Jun-2005 |
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Page 21 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
December 27, 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 |
| | |
7000145949 1 | | 32,900.00 | 32,825.97 | | 09-Nov-2005 | 10.875% | WA - 100.00% | Paid Off - 360 | 01-Jun-2005 |
|
7000146276 2 | | 416,000.00 | 416,000.00 | | 30-Nov-2005 | 5.750% | CA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
7000146303 2 | | 104,000.00 | 103,650.90 | | 30-Nov-2005 | 8.975% | CA - 100.00% | Paid Off - 360 | 01-Jun-2005 |
8000024765 2 | | 95,250.00 | 94,558.31 | | 01-Nov-2005 | 8.700% | PA - 75.00% | Paid Off - 360 | 01-Dec-2004 |
8000037561 1 | | 58,500.00 | 58,298.51 | | 21-Nov-2005 | 8.900% | DE - 90.00% | Paid Off - 360 | 01-Jun-2005 |
8000039176 1 | | 160,000.00 | 159,169.78 | | 17-Nov-2005 | 6.800% | NJ - 53.33% | Paid Off - 360 | 01-Jun-2005 |
8000042308 1 | | 422,750.00 | 420,135.15 | | 26-Nov-2005 | 6.350% | NJ - 89.00% | Paid Off - 360 | 01-Jun-2005 |
8000042961 1 | | 275,000.00 | 273,333.57 | | 30-Nov-2005 | 5.990% | NY - 59.78% | Paid Off - 360 | 01-Jun-2005 |
8000043022 1 | | 151,300.00 | 150,926.35 | | 01-Nov-2005 | 10.450% | NY - 64.38% | Paid Off - 360 | 01-Jun-2005 |
8000043140 1 | | 230,000.00 | 229,278.15 | | 15-Nov-2005 | 9.300% | NJ - 60.53% | Paid Off - 360 | 01-Jun-2005 |
8000043216 1 | | 276,000.00 | 275,457.89 | | 01-Nov-2005 | 11.500% | NY - 64.94% | Paid Off - 360 | 01-Jun-2005 |
8000043220 2 | | 495,000.00 | 492,973.65 | | 22-Nov-2005 | 8.000% | NJ - 90.00% | Paid Off - 360 | 01-Jun-2005 |
8000043228 1 | | 308,500.00 | 307,262.28 | | 01-Nov-2005 | 8.100% | NJ - 94.92% | Paid Off - 360 | 01-Jun-2005 |
8000043360 1 | | 202,500.00 | 201,528.23 | | 01-Nov-2005 | 7.200% | NJ - 84.38% | Paid Off - 360 | 01-Jun-2005 |
8000043904 1 | | 138,000.00 | 137,381.94 | | 01-Nov-2005 | 7.550% | SC - 100.00% | Paid Off - 360 | 01-Jun-2005 |
8000044576 2 | | 126,000.00 | 125,552.46 | | 09-Nov-2005 | 8.700% | NJ - 100.00% | Paid Off - 360 | 01-Jun-2005 |
1000233264 1 | | 181,500.00 | 180,664.59 | | 28-Nov-2005 | 8.200% | OR - 75.00% | Repur/Subs - 360 | 01-May-2005 |
1000233749 2 | | 278,000.00 | 276,859.69 | | 28-Nov-2005 | 7.990% | CA - 80.00% | Repur/Subs - 360 | 01-Jun-2005 |
1000235806 1 | | 125,370.00 | 124,744.36 | | 28-Nov-2005 | 7.000% | GA - 90.00% | Repur/Subs - 360 | 01-Jun-2005 |
1000235888 1 | | 6,965.00 | 6,801.50 | | 28-Nov-2005 | 11.000% | GA - 95.00% | Repur/Subs - 120 | 01-Jun-2005 |
1000242415 1 | | 320,000.00 | 319,034.69 | | 28-Nov-2005 | 9.490% | CA - 64.65% | Repur/Subs - 360 | 01-Jun-2005 |
5000134846 2 | | 119,250.00 | 118,757.42 | | 28-Nov-2005 | 9.400% | CO - 75.00% | Repur/Subs - 360 | 01-Apr-2005 |
5000140273 1 | | 216,000.00 | 214,919.92 | | 28-Nov-2005 | 6.990% | IL - 90.00% | Repur/Subs - 360 | 01-Jun-2005 |
5000141252 1 | | 110,500.00 | 109,959.21 | | 28-Nov-2005 | 7.100% | IL - 85.00% | Repur/Subs - 360 | 01-Jun-2005 |
5000146016 1 | | 116,450.00 | 115,968.45 | | 28-Nov-2005 | 7.950% | IL - 85.00% | Repur/Subs - 360 | 01-Jun-2005 |
5000148183 2 | | 480,000.00 | 477,231.48 | | 28-Nov-2005 | 6.250% | NY - 80.00% | Repur/Subs - 360 | 01-Jun-2005 |
5000148568 1 | | 162,320.00 | 161,469.55 | | 28-Nov-2005 | 6.750% | MN - 80.00% | Repur/Subs - 360 | 01-Jun-2005 |
5000148603 2 | | 91,200.00 | 90,876.07 | | 28-Nov-2005 | 8.700% | MI - 80.00% | Repur/Subs - 360 | 01-Jun-2005 |
5000148713 2 | | 70,400.00 | 70,201.38 | | 28-Nov-2005 | 9.800% | MO - 80.00% | Repur/Subs - 360 | 01-Jun-2005 |
5000149848 2 | | 265,600.00 | 264,694.56 | | 28-Nov-2005 | 8.900% | TX - 80.00% | Repur/Subs - 360 | 01-Jun-2005 |
6000145783 1 | | 243,000.00 | 242,145.67 | | 28-Nov-2005 | 8.750% | NH - 73.64% | Repur/Subs - 360 | 01-Jun-2005 |
6000148239 1 | | 143,456.40 | 142,845.16 | | 28-Nov-2005 | 7.800% | GA - 90.00% | Repur/Subs - 360 | 01-Jun-2005 |
7000137577 1 | | 77,600.00 | 77,111.61 | | 28-Nov-2005 | 7.350% | MO - 80.00% | Repur/Subs - 360 | 01-Apr-2005 |
7000141352 2 | | 466,720.00 | 465,028.04 | | 28-Nov-2005 | 8.600% | NY - 79.11% | Repur/Subs - 360 | 01-Jun-2005 |
7000142540 2 | | 56,800.00 | 56,634.27 | | 28-Nov-2005 | 9.650% | MI - 80.00% | Repur/Subs - 360 | 01-Jun-2005 |
7000144138 1 | | 324,800.00 | 323,456.97 | | 28-Nov-2005 | 7.950% | CA - 80.00% | Repur/Subs - 360 | 01-Jun-2005 |
7000144751 2 | | 723,423.00 | 723,423.00 | | 28-Nov-2005 | 6.990% | CA - 80.00% | Repur/Subs - 360 | 01-Jun-2005 |
7000144899 1 | | 336,000.00 | 335,232.06 | | 28-Nov-2005 | 10.800% | NY - 70.00% | Repur/Subs - 360 | 01-Jun-2005 |
8000041102 2 | | 101,000.00 | 100,812.14 | | 28-Nov-2005 | 11.750% | CT - 63.92% | Repur/Subs - 360 | 01-Jun-2005 |
8000043006 2 | | 19,400.00 | 19,206.44 | | 28-Nov-2005 | 12.250% | MA - 95.00% | Repur/Subs - 180 | 01-Jun-2005 |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
TOTAL | | 25,999,430.40 | 25,904,966.60 | | | | | | | | | | | |
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Page 22 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
December 27, 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 | | | | | 0.00 | 0.00 | 0.00 | | |
| | | | | | | | | | | | | | | | | |
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 23 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
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DEFAULT SPEEDS | | |
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| |
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| | | | | | | | | | | Group 2 | Group 1 | Total | |
| | | | | | | | | | | | | | | | | |
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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% | | |
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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% | | |
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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% | | |
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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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Page 24 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
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COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY | | |
| Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance) | |
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| Conditional Default Rate (CDR): 1-((1-MDR)^12) | |
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| 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))) | |
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| 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) | |
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| 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))) | | |
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| 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) | |
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| Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m) | |
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| 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 25 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
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2005-2 | |
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December 27, 2005 Distribution | |
Realized Loss Detail Report | |
Loan Number | | Current | State & | | Prior | Realized | | Cumulative | |
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& | Loan | Note | LTV at | Original | Principal | Loss/(Gain) | Realized | Realized | |
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Loan Group | Status | Rate | Origination | Term | Balance | Revision | Loss/(Gain) | Loss/(Gain) | |
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TOTAL | | | | | | | | | | | | | | | | |
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Page 26 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
Triggers and Adj. Cert. Report | |
TRIGGER EVENTS | | |
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| | | | | | | | | | Group 2 | Group 1 | Total | | |
| | | | | | Has Stepdown Condition occurred (0 = No, 1=Yes) | | | | | | | 0 | | |
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| | | | | | 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 | | |
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| | | | | | Has Sequential Trigger Event Occured (0=No,1=Yes) | | | | | | | 0 | | |
| | | | | | 60+ days Delinqueny Balance | | | | | | | 22,148,224.46 | | |
| | | | | | Ending Collateral Balance | | | | | | | 693,264,431.17 | | |
| | | | | | Delinquency Percentage | | | | | | | 3.1948% | | |
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| | | | | | Senior Enhancement Percentage | | | | | | | 27.280000% | | |
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| | | | | | Cumulative Loss Percentage | | | | | | | 0.0000% | | |
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ADJUSTABLE RATE CERTIFICATE INFORMATION | | |
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SPACE INTENTIONALLY LEFT BLANK | | |
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ADDITIONAL INFORMATION | | |
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| | | | | | | | | | Group 2 | Group 1 | Total | | |
Trust Fund Expenses | | | | | | | | | 0.00 | | |
Cumulative Subsequent Recoveries | | | | | | | | | 0.00 | | |
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Page 27 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
Additional Certificate Report | |
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ADDITIONAL CERTIFICATE REPORT | | |
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| | | | | | | | | | Interest Shortfall Unpaid | | | NET WAC Shortfall CarryOver | | NET WAC Shortfall Paid | | |
CLASS | | | | | | | | | | | | |
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| | | I-A1 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
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| | | I-A2 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
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| | | II-A1 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
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| | | II-A2 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
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| | | II-A3 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
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| | | M-1 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
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| | | M-2 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
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| | | M-3 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
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| | | M-4 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
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| | | M-5 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
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| | | M-6 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
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| | | M-7 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
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| | | M-8 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
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| | | M-9 | | | | | | | $0.00 | | | $0.00 | | $0.00 | | |
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| | | B-1 | | | | | | | $0.00 | | | $0.00 | | ####### | | |
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| | | B-2 | | | | | | | $0.00 | | | $0.00 | | ####### | | |
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| | | B-3 | | | | | | | $0.00 | | | $0.00 | | ####### | | |
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| | | B-4 | | | | | | | $0.00 | | | $0.00 | | ####### | | |
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| | | B-5 | | | | | | | $0.00 | | | $0.00 | | ####### | | |
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| | | 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 28 of 29 | | | | | | | | | | | | | | |
Fremont Home Loan Trust 2005-2 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-2 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
Other Related Information | |
ADDITIONAL INFORMATION | | |
| |
| | | | | | | | | | 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 29 of 29 | | | | | | | | | | | | | | |