THE MORTGAGE POOL
The following information sets forth in tabular format certain information, as of the Cut-off Date, about the Mortgage Loans. Other than with respect to rates of interest, percentages are approximate and are stated by the Principal Balance. The sum of the columns below may not equal the total indicated due to rounding. In addition, each weighted average Credit Bureau Risk Score set forth below has been calculated without regard to any Mortgage Loan for which the Credit Bureau Risk Score is unknown.
Mortgage Loan Programs for the Mortgage Loans
Mortgage Loan Programs | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
30 Year 1– month LIBOR | $ 1,165,525 | 1 | 0.17% | $ 1,165,525 | 6.250% | 356.00 | 638 | 62.6% |
30 Year 1– month LIBOR – 120- month Interest Only | 1,950,000 | 1 | 0.28 | 1,950,000 | 5.750 | 356.00 | 665 | 65.0 |
30 Year 6 – month LIBOR | 4,448,246 | 16 | 0.64 | 278,015 | 6.588 | 356.23 | 689 | 83.1 |
30 Year 6 – month LIBOR – 120- month Interest Only | 17,934,721 | 52 | 2.56 | 344,898 | 6.332 | 356.31 | 692 | 80.0 |
30 Year 6 – month LIBOR – 60-month Interest Only | 26,177,099 | 70 | 3.74 | 373,959 | 6.317 | 356.96 | 703 | 77.9 |
30 Year 12 – month LIBOR | 6,229,116 | 19 | 0.89 | 327,848 | 6.246 | 356.62 | 667 | 77.4 |
30 Year 12 – month LIBOR – 12- month Interest Only | 456,000 | 1 | 0.07 | 456,000 | 5.625 | 357.00 | 725 | 80.0 |
30 Year 12 – month LIBOR – 120- month Interest Only | 9,898,902 | 24 | 1.41 | 412,454 | 6.233 | 357.15 | 705 | 78.5 |
30 Year 12 – month LIBOR – 60- month Interest Only | 132,792,218 | 350 | 18.97 | 379,406 | 6.164 | 357.29 | 689 | 78.3 |
2/28 6–month LIBOR | 51,163,824 | 259 | 7.31 | 197,544 | 6.869 | 356.77 | 666 | 78.8 |
2/28 6–month LIBOR –120-month Interest Only | 47,390,613 | 133 | 6.77 | 356,320 | 6.410 | 356.40 | 699 | 75.7 |
2/28 6–month LIBOR –24-month Interest Only | 7,578,969 | 18 | 1.08 | 421,054 | 6.092 | 353.97 | 640 | 84.7 |
2/28 6–month LIBOR –36-month Interest Only | 246,500 | 1 | 0.04 | 246,500 | 5.990 | 356.00 | 700 | 85.0 |
2/28 6–month LIBOR –60-month Interest Only | 376,726,104 | 1,431 | 53.82 | 263,261 | �� 6.659 | 356.86 | 667 | 79.6 |
3/27 6–month LIBOR | 1,510,951 | 10 | 0.22 | 151,095 | 6.421 | 353.97 | 712 | 79.5 |
3/27 6–month LIBOR–120 month Interest Only | 1,921,398 | 7 | 0.27 | 274,485 | 6.950 | 355.78 | 676 | 79.9 |
3/27 6–month LIBOR –24 month Interest Only | 324,000 | 1 | 0.05 | 324,000 | 6.590 | 356.00 | 661 | 86.4 |
3/27 6–month LIBOR –36 month Interest Only | 7,330,317 | 16 | 1.05 | 458,145 | 5.655 | 356.01 | 706 | 79.9 |
3/27 6–month LIBOR –60 month Interest Only | 4,566,556 | 16 | 0.65 | 285,410 | 6.623 | 356.15 | 666 | 78.1 |
3/1 12–month LIBOR –36 month Interest Only | 190,000 | 1 | 0.03 | 190,000 | 6.000 | 355.00 | 680 | 95.0 |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
Mortgage Loan Principal Balances for the Mortgage Loans*
Range of Mortgage Loan Principal Balances ($) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
0.01 - 25,000.00 | $ 6,515 | 1 | 0.00% | $ 6,515 | 6.500% | 358.00 | 754 | 95.0% |
25,000.01 - 50,000.00 | 49,977 | 1 | 0.01 | 49,977 | 6.790 | 356.00 | 631 | 85.0 |
50,000.01 - 75,000.00 | 1,398,018 | 21 | 0.20 | 66,572 | 7.076 | 356.51 | 667 | 77.9 |
75,000.01 - 100,000.00 | 7,900,879 | 87 | 1.13 | 90,815 | 6.898 | 356.39 | 653 | 79.3 |
100,000.01 - 150,000.00 | 45,811,341 | 360 | 6.54 | 127,254 | 6.816 | 356.79 | 666 | 78.4 |
150,000.01 - 200,000.00 | 66,055,896 | 379 | 9.44 | 174,290 | 6.694 | 356.82 | 666 | 79.2 |
200,000.01 - 250,000.00 | 90,553,687 | 401 | 12.94 | 225,820 | 6.635 | 356.81 | 669 | 79.3 |
250,000.01 - 300,000.00 | 72,787,265 | 265 | 10.40 | 274,669 | 6.537 | 356.83 | 674 | 79.3 |
300,000.01 - 350,000.00 | 71,458,744 | 220 | 10.21 | 324,812 | 6.467 | 356.78 | 678 | 80.0 |
350,000.01 - 400,000.00 | 74,562,524 | 199 | 10.65 | 374,686 | 6.365 | 356.84 | 676 | 80.0 |
400,000.01 - 450,000.00 | 59,479,597 | 140 | 8.50 | 424,854 | 6.385 | 356.83 | 678 | 79.1 |
450,000.01 - 500,000.00 | 53,521,076 | 113 | 7.65 | 473,638 | 6.512 | 356.92 | 683 | 80.0 |
500,000.01 - 550,000.00 | 36,223,882 | 69 | 5.17 | 524,984 | 6.322 | 356.99 | 684 | 78.9 |
550,000.01 - 600,000.00 | 28,717,157 | 50 | 4.10 | 574,343 | 6.400 | 357.00 | 690 | 79.6 |
600,000.01 - 650,000.00 | 26,254,563 | 42 | 3.75 | 625,109 | 6.386 | 356.57 | 687 | 78.7 |
650,000.01 - 700,000.00 | 16,969,480 | 25 | 2.42 | 678,779 | 6.500 | 357.24 | 680 | 77.4 |
700,000.01 - 750,000.00 | 19,822,507 | 27 | 2.83 | 734,167 | 6.717 | 356.59 | 677 | 77.7 |
750,000.01 - 800,000.00 | 3,871,400 | 5 | 0.55 | 774,280 | 6.105 | 356.60 | 700 | 71.1 |
800,000.01 - 850,000.00 | 807,212 | 1 | 0.12 | 807,212 | 5.875 | 356.00 | 695 | 80.0 |
850,000.01 - 900,000.00 | 4,439,100 | 5 | 0.63 | 887,820 | 6.375 | 357.20 | 692 | 72.7 |
Greater than 900,000.00 | 19,310,239 | 16 | 2.76 | 1,206,890 | 6.032 | 356.86 | 686 | 70.3 |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
____________
* | The average Principal Balance of the Mortgage Loans as of the Cut-off Date was approximately $288,422. |
Mortgage Rates for the Mortgage Loans*
Range of Mortgage Rates (%) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
4.501 - 5.000 | $ 1,920,874 | 3 | 0.27% | $ 640,291 | 4.909% | 356.16 | 699 | 74.0% |
5.001 - 5.500 | 40,558,197 | 118 | 5.79 | 343,714 | 5.396 | 356.32 | 702 | 76.8 |
5.501 - 6.000 | 155,737,354 | 448 | 22.25 | 347,628 | 5.856 | 356.74 | 687 | 77.5 |
6.001 - 6.500 | 197,731,742 | 644 | 28.25 | 307,037 | 6.311 | 356.88 | 678 | 78.4 |
6.501 - 7.000 | 175,591,660 | 707 | 25.08 | 248,362 | 6.787 | 356.94 | 670 | 79.9 |
7.001 - 7.500 | 76,496,467 | 291 | 10.93 | 262,874 | 7.285 | 356.78 | 664 | 80.4 |
7.501 - 8.000 | 33,943,785 | 144 | 4.85 | 235,721 | 7.777 | 356.87 | 654 | 81.2 |
8.001 - 8.500 | 9,902,931 | 37 | 1.41 | 267,647 | 8.286 | 357.23 | 663 | 83.4 |
8.501 - 9.000 | 5,072,126 | 23 | 0.72 | 220,527 | 8.801 | 357.40 | 652 | 82.8 |
9.001 - 9.500 | 1,977,702 | 6 | 0.28 | 329,617 | 9.235 | 358.31 | 665 | 76.9 |
10.001 - 10.500 | 170,892 | 1 | 0.02 | 170,892 | 10.500 | 358.00 | 658 | 95.0 |
10.501 - 11.000 | 425,650 | 2 | 0.06 | 212,825 | 10.836 | 355.72 | 662 | 89.1 |
11.001 - 11.500 | 69,926 | 1 | 0.01 | 69,926 | 11.125 | 357.00 | 599 | 70.0 |
11.501 - 12.000 | 401,750 | 2 | 0.06 | 200,875 | 11.661 | 356.71 | 650 | 95.0 |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
_____________
* | The weighted average Mortgage Rate for the Mortgage Loans as of the Cut-off Date was approximately 6.511% per annum. |
Remaining Terms to Stated Maturity for the Mortgage Loans*
Range of Remaining Terms (months) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
301-360 | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
____________
* | The weighted average Remaining Term to Stated Maturity of the Mortgage Loans as of the Cut-off Date was approximately 357 months. |
Original Loan-to-Value Ratios for the Mortgage Loans*
Range of Original Loan-to-Value Ratios (%) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
0.01 – 50.00 | $ 4,193,427 | 21 | 0.60% | $ 199,687 | 6.099% | 356.78% | 685 | 42.9% |
50.01 – 55.00 | 1,945,291 | 8 | 0.28 | 243,161 | 5.976 | 357.29 | 711 | 52.6 |
55.01 – 60.00 | 4,533,413 | 14 | 0.65 | 323,815 | 6.008 | 357.46 | 682 | 58.0 |
60.01 – 65.00 | 21,109,403 | 46 | 3.02 | 458,900 | 6.154 | 356.71 | 680 | 64.1 |
65.01 – 70.00 | 59,177,003 | 193 | 8.45 | 306,617 | 6.357 | 356.97 | 690 | 69.6 |
70.01 – 75.00 | 39,916,637 | 123 | 5.70 | 324,526 | 6.343 | 357.29 | 686 | 74.3 |
75.01 – 80.00 | 474,711,111 | 1,684 | 67.82 | 281,895 | 6.519 | 356.89 | 675 | 79.9 |
80.01 – 85.00 | 26,164,132 | 94 | 3.74 | 278,342 | 6.459 | 356.09 | 661 | 84.3 |
85.01 – 90.00 | 58,061,280 | 205 | 8.29 | 283,226 | 6.793 | 356.26 | 660 | 89.4 |
90.01 – 95.00 | 9,465,461 | 37 | 1.35 | 255,823 | 7.582 | 356.71 | 695 | 94.8 |
95.01 – 100.00 | 723,900 | 2 | 0.10 | 361,950 | 6.196 | 356.60 | 765 | 100.0 |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
__________
* | The weighted average Original Loan-to-Value Ratio at origination of the Mortgage Loans as of the Cut-off Date was approximately 78.97%. |
State Distribution for the Mortgage Loans
State | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
Alabama | $ 565,726 | 3 | 0.08% | $ 188,575 | 6.709% | 355.27 | 756 | 73.0% |
Arizona | 26,694,299 | 123 | 3.81 | 217,027 | 6.678 | 356.82 | 665 | 79.8 |
Arkansas | 118,513 | 1 | 0.02 | 118,513 | 9.490 | 356.00 | 658 | 95.0 |
California | 382,071,731 | 1,001 | 54.58 | 381,690 | 6.292 | 356.87 | 682 | 78.1 |
Colorado | 8,764,889 | 50 | 1.25 | 175,298 | 6.467 | 356.60 | 651 | 78.8 |
Connecticut | 1,960,308 | 10 | 0.28 | 196,031 | 6.657 | 356.67 | 681 | 80.9 |
Delaware | 2,152,737 | 12 | 0.31 | 179,395 | 6.558 | 356.98 | 664 | 82.0 |
District of Columbia | 320,000 | 1 | 0.05 | 320,000 | 8.500 | 356.00 | 670 | 80.0 |
Florida | 71,094,426 | 302 | 10.16 | 235,412 | 6.789 | 356.92 | 680 | 79.4 |
Georgia | 3,964,467 | 27 | 0.57 | 146,832 | 6.917 | 356.76 | 641 | 81.7 |
Hawaii | 10,013,354 | 20 | 1.43 | 500,668 | 6.505 | 356.83 | 706 | 76.0 |
Idaho | 405,596 | 2 | 0.06 | 202,798 | 6.156 | 356.00 | 646 | 80.0 |
Illinois | 18,136,542 | 86 | 2.59 | 210,890 | 6.807 | 356.96 | 677 | 80.3 |
Indiana | 1,356,014 | 12 | 0.19 | 113,001 | 6.754 | 357.01 | 652 | 79.4 |
Iowa | 516,606 | 5 | 0.07 | 103,321 | 6.832 | 356.80 | 640 | 79.4 |
Kansas | 238,400 | 1 | 0.03 | 238,400 | 6.295 | 358.00 | 640 | 72.9 |
Kentucky | 811,814 | 6 | 0.12 | 135,302 | 6.613 | 356.78 | 636 | 81.7 |
Louisiana | 118,298 | 1 | 0.02 | 118,298 | 5.640 | 353.00 | 698 | 80.0 |
Maine | 156,000 | 1 | 0.02 | 156,000 | 7.990 | 357.00 | 635 | 76.9 |
Maryland | 27,858,397 | 102 | 3.98 | 273,122 | 6.638 | 356.63 | 659 | 80.6 |
Massachusetts | 6,551,733 | 24 | 0.94 | 272,989 | 6.918 | 356.52 | 657 | 81.0 |
Michigan | 5,826,354 | 30 | 0.83 | 194,212 | 6.955 | 356.94 | 654 | 81.8 |
Minnesota | 12,934,677 | 76 | 1.85 | 170,193 | 6.607 | 356.90 | 655 | 81.4 |
Mississippi | 350,000 | 3 | 0.05 | 116,667 | 7.322 | 354.57 | 676 | 86.0 |
Missouri | 3,109,892 | 22 | 0.44 | 141,359 | 6.946 | 356.58 | 643 | 82.4 |
Montana | 107,719 | 1 | 0.02 | 107,719 | 6.740 | 357.00 | 699 | 90.0 |
Nebraska | 301,576 | 2 | 0.04 | 150,788 | 6.943 | 357.00 | 648 | 80.0 |
Nevada | 23,391,102 | 93 | 3.34 | 251,517 | 6.839 | 356.98 | 665 | 80.3 |
New Hampshire | 524,348 | 3 | 0.07 | 174,783 | 6.632 | 356.75 | 673 | 83.2 |
New Jersey | 7,996,074 | 33 | 1.14 | 242,305 | 7.122 | 356.97 | 662 | 81.7 |
New Mexico | 81,250 | 1 | 0.01 | 81,250 | 5.750 | 355.00 | 745 | 65.0 |
New York | 11,188,646 | 28 | 1.60 | 399,594 | 7.272 | 356.52 | 663 | 80.2 |
North Carolina | 2,129,246 | 19 | 0.30 | 112,066 | 6.836 | 356.15 | 654 | 79.6 |
North Dakota | 81,118 | 1 | 0.01 | 81,118 | 6.490 | 357.00 | 691 | 85.0 |
Ohio | 3,671,933 | 30 | 0.52 | 122,398 | 6.736 | 356.44 | 644 | 82.5 |
Oklahoma | 1,294,193 | 3 | 0.18 | 431,398 | 6.362 | 357.23 | 626 | 80.0 |
Oregon | 5,226,428 | 31 | 0.75 | 168,594 | 6.800 | 356.92 | 671 | 79.7 |
Pennsylvania | 3,020,238 | 17 | 0.43 | 177,661 | 6.681 | 356.76 | 661 | 80.5 |
Rhode Island | 921,335 | 4 | 0.13 | 230,334 | 7.266 | 356.39 | 684 | 85.7 |
South Carolina | 3,026,612 | 18 | 0.43 | 168,145 | 6.910 | 356.66 | 664 | 76.5 |
South Dakota | 209,200 | 2 | 0.03 | 104,600 | 7.290 | 356.52 | 667 | 79.8 |
Tennessee | 2,936,203 | 21 | 0.42 | 139,819 | 6.633 | 356.38 | 651 | 79.7 |
Texas | 4,150,994 | 23 | 0.59 | 180,478 | 6.647 | 354.47 | 695 | 79.1 |
Utah | 3,666,354 | 14 | 0.52 | 261,882 | 6.748 | 357.12 | 670 | 76.7 |
Virginia | 26,980,504 | 94 | 3.85 | 287,027 | 6.912 | 356.81 | 677 | 80.4 |
Washington | 10,789,583 | 51 | 1.54 | 211,560 | 6.475 | 356.83 | 671 | 80.9 |
Wisconsin | 2,051,232 | 16 | 0.29 | 128,202 | 6.684 | 356.80 | 649 | 82.7 |
Wyoming | 164,400 | 1 | 0.02 | 164,400 | 6.990 | 357.00 | 629 | 80.0 |
Total/Avg./Wtd. Avg. | $700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
Credit Bureau Risk Scores(1) for the Mortgage Loans*
Range of Credit Bureau Risk Scores | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
Unknown | $ 1,521,443 | 6 | 0.22% | $ 253,574 | 6.563% | 356.94 |
| 75.6% |
801 – 820 | 3,170,549 | 12 | 0.45 | 264,212 | 6.125 | 356.78 | 806 | 74.8 |
781 – 800 | 12,357,693 | 36 | 1.77 | 343,269 | 6.376 | 356.94 | 788 | 75.4 |
761 – 780 | 22,984,634 | 73 | 3.28 | 314,858 | 6.208 | 356.91 | 770 | 78.2 |
741 – 760 | 39,157,979 | 116 | 5.59 | 337,569 | 6.277 | 357.03 | 751 | 78.1 |
721 – 740 | 51,285,892 | 158 | 7.33 | 324,594 | 6.301 | 356.95 | 730 | 78.0 |
701 – 720 | 55,693,895 | 177 | 7.96 | 314,655 | 6.327 | 357.02 | 710 | 78.7 |
681 – 700 | 87,460,687 | 272 | 12.49 | 321,547 | 6.356 | 356.89 | 690 | 78.5 |
661 – 680 | 92,518,674 | 290 | 13.22 | 319,030 | 6.547 | 356.74 | 670 | 79.1 |
641 – 660 | 187,234,451 | 706 | 26.75 | 265,205 | 6.554 | 356.80 | 650 | 79.8 |
621 – 640 | 125,219,932 | 506 | 17.89 | 247,470 | 6.798 | 356.84 | 630 | 79.4 |
601 – 620 | 17,381,339 | 62 | 2.48 | 280,344 | 6.846 | 356.53 | 615 | 78.3 |
581 – 600 | 1,555,021 | 7 | 0.22 | 222,146 | 7.043 | 356.67 | 595 | 69.6 |
561 – 580 | 1,213,785 | 3 | 0.17 | 404,595 | 6.182 | 352.60 | 572 | 83.1 |
541 – 560 | 750,000 | 1 | 0.11 | 750,000 | 7.130 | 349.00 | 553 | 87.3 |
Less than 500 | 495,084 | 2 | 0.07 | 247,542 | 6.085 | 352.00 | 496 | 86.3 |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
____________
(1) | The Credit Bureau Risk Scores referenced in this table with respect to the Mortgage Loans were obtained by the respective originators from one or more credit reporting agencies, and were determined at the time of origination. |
* | The weighted average Credit Bureau Risk Score of the Mortgage Loans as of the Cut-off Date was approximately 676. |
Gross Margins for the Adjustable Rate Mortgage Loans*
Range of Gross Margins (%) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
Less than 1.001 | $ 990,740 | 1 | 0.14% | $ 990,740 | 5.375% | 356.00 | 774 | 70.1% |
1.001 - 2.000 | 73,500 | 1 | 0.01 | 73,500 | 6.500 | 353.00 | 651 | 70.0 |
2.001 - 3.000 | 64,220,422 | 162 | 9.17 | 396,422 | 6.270 | 356.49 | 700 | 74.4 |
3.001 - 4.000 | 302,950,124 | 896 | 43.28 | 338,114 | 6.367 | 357.18 | 692 | 77.4 |
4.001 - 5.000 | 63,005,636 | 234 | 9.00 | 269,255 | 6.012 | 356.26 | 664 | 81.2 |
5.001 - 6.000 | 197,594,800 | 827 | 28.23 | 238,930 | 6.622 | 356.65 | 658 | 81.4 |
6.001 - 7.000 | 64,594,103 | 280 | 9.23 | 230,693 | 7.403 | 356.68 | 646 | 80.9 |
7.001 - 8.000 | 6,180,569 | 24 | 0.88 | 257,524 | 8.266 | 356.84 | 644 | 82.0 |
8.001 - 9.000 | 118,513 | 1 | 0.02 | 118,513 | 9.490 | 356.00 | 658 | 95.0 |
9.001 - 10.000 | 272,650 | 1 | 0.04 | 272,650 | 10.750 | 355.00 | 641 | 88.5 |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
____________
* | The weighted average Gross Margin for the Adjustable Rate Mortgage Loans as of the Cut-off Date was approximately 4.526%. |
Next Adjustment Date for the Adjustable Rate Mortgage Loans*
Next Adjustment Date | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
February 1, 2006 | $ 5,598,493 | 10 | 0.80% | $ 559,849 | 6.136% | 354.82 | 666 | 73.5% |
March 1, 2006 | 11,997,917 | 31 | 1.71 | 387,030 | 6.218 | 356.00 | 690 | 79.5 |
April 1, 2006 | 23,558,043 | 67 | 3.37 | 351,613 | 6.463 | 356.94 | 700 | 78.7 |
May 1, 2006 | 9,636,041 | 29 | 1.38 | 332,277 | 6.316 | 357.80 | 706 | 78.9 |
June 1, 2006 | 495,285 | 2 | 0.07 | 247,643 | 6.606 | 353.00 | 578 | 70.0 |
July 2006 | 1,384,998 | 4 | 0.20 | 346,249 | 5.587 | 354.00 | 729 | 74.0 |
August 1, 2006 | 1,281,247 | 4 | 0.18 | 320,312 | 6.121 | 355.00 | 692 | 81.3 |
September 1, 2006 | 13,633,614 | 33 | 1.95 | 413,140 | 6.123 | 356.00 | 677 | 78.6 |
October 1, 2006 | 75,677,468 | 206 | 10.81 | 367,366 | 6.131 | 357.00 | 688 | 78.7 |
November 1, 2006 | 57,788,720 | 148 | 8.26 | 390,464 | 6.229 | 358.00 | 694 | 77.7 |
January 1, 2007 | 741,280 | 1 | 0.11 | 741,280 | 6.380 | 348.00 | 695 | 85.0 |
February 1, 2007 | 750,000 | 1 | 0.11 | 750,000 | 7.130 | 349.00 | 553 | 87.3 |
May 1, 2007 | 2,192,715 | 6 | 0.31 | 365,452 | 6.238 | 352.00 | 601 | 85.0 |
June 1, 2007 | 4,335,759 | 13 | 0.62 | 333,520 | 6.052 | 353.00 | 640 | 85.9 |
July 1, 2007 | 9,824,623 | 35 | 1.40 | 280,704 | 6.009 | 354.04 | 694 | 81.3 |
August 1, 2007 | 19,331,639 | 82 | 2.76 | 235,752 | 6.416 | 355.12 | 681 | 80.2 |
September 1, 2007 | 109,512,295 | 449 | 15.64 | 243,903 | 6.644 | 356.05 | 665 | 79.6 |
October 1, 2007 | 252,698,063 | 963 | 36.10 | 262,407 | 6.658 | 357.00 | 666 | 79.3 |
November 1, 2007 | 74,998,021 | 261 | 10.71 | 287,349 | 6.680 | 358.00 | 690 | 77.3 |
December 1, 2007 | 7,844,216 | 29 | 1.12 | 270,490 | 7.544 | 359.00 | 647 | 79.9 |
January 1, 2008 | 1,086,998 | 3 | 0.16 | 362,333 | 8.483 | 357.69 | 665 | 71.8 |
April 1, 2008 | 87,319 | 1 | 0.01 | 87,319 | 6.875 | 351.00 | 667 | 80.0 |
May 1, 2008 | 96,847 | 1 | 0.01 | 96,847 | 7.000 | 352.00 | 780 | 78.7 |
June 1, 2008 | 735,398 | 3 | 0.11 | 245,133 | 6.071 | 353.00 | 673 | 82.5 |
July 1, 2008 | 108,110 | 1 | 0.02 | 108,110 | 5.750 | 354.00 | 766 | 80.0 |
August 1, 2008 | 1,808,650 | 6 | 0.26 | 301,442 | 6.492 | 355.00 | 666 | 78.2 |
September 1, 2008 | 9,191,388 | 29 | 1.31 | 316,944 | 6.199 | 356.00 | 690 | 79.9 |
October 1, 2008 | 3,380,561 | 8 | 0.48 | 422,570 | 6.031 | 357.00 | 706 | 79.3 |
November 1, 2008 | 225,350 | 1 | 0.03 | 225,350 | 6.250 | 358.00 | 662 | 75.0 |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
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* | The weighted average number of months to Next Adjustment Date for the Adjustable Rate Mortgage Loans as of the Cut-off Date is 17 months. |
Maximum Mortgage Rates for the Adjustable Rate Mortgage Loans*
Range of Maximum Mortgage Rates (%) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
9.001 - 10.000 | $ 3,115,525 | 2 | 0.45% | $1,557,762 | 5.937% | 356.00 | 655 | 64.1% |
10.001 - 10.500 | 209,598 | 1 | 0.03 | 209,598 | 5.500 | 348.00 | 706 | 80.0 |
10.501 - 11.000 | 3,675,100 | 9 | 0.53 | 408,344 | 5.354 | 356.04 | 711 | 75.9 |
11.001 - 11.500 | 43,017,529 | 123 | 6.15 | 349,736 | 5.479 | 356.41 | 700 | 76.7 |
11.501 - 12.000 | 149,127,624 | 437 | 21.30 | 341,253 | 5.882 | 356.86 | 688 | 77.3 |
12.001 - 12.500 | 187,594,688 | 619 | 26.80 | 303,061 | 6.320 | 356.94 | 678 | 78.4 |
12.501 - 13.000 | 174,634,076 | 698 | 24.95 | 250,192 | 6.752 | 356.84 | 669 | 80.1 |
13.001 - 13.500 | 77,299,204 | 293 | 11.04 | 263,820 | 7.190 | 356.63 | 665 | 80.6 |
13.501 - 14.000 | 39,485,260 | 160 | 5.64 | 246,783 | 7.622 | 356.70 | 658 | 81.4 |
14.001 - 14.500 | 10,864,659 | 39 | 1.55 | 278,581 | 8.112 | 357.30 | 660 | 83.5 |
14.501 - 15.000 | 6,468,305 | 25 | 0.92 | 258,732 | 8.448 | 357.89 | 642 | 82.2 |
15.001 - 15.500 | 2,942,132 | 10 | 0.42 | 294,213 | 8.556 | 359.03 | 648 | 77.3 |
15.501 - 16.000 | 290,673 | 3 | 0.04 | 96,891 | 8.755 | 359.00 | 642 | 78.2 |
16.001 - 16.500 | 379,360 | 3 | 0.05 | 126,453 | 9.924 | 357.61 | 651 | 91.0 |
16.501 - 17.000 | 425,650 | 2 | 0.06 | 212,825 | 10.836 | 355.72 | 662 | 89.1 |
17.001 - 17.500 | 69,926 | 1 | 0.01 | 69,926 | 11.125 | 357.00 | 599 | 70.0 |
17.501 - 18.000 | 401,750 | 2 | 0.06 | 200,875 | 11.661 | 356.71 | 650 | 95.0 |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
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* | The weighted average Maximum Mortgage Rate for the Adjustable Rate Mortgage Loans as of the Cut-off Date was approximately 12.525% per annum. |
Initial Periodic Rate Cap for the Adjustable Rate Mortgage Loans*
Initial Periodic Rate Cap (%) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
1.000 | $ 47,662,949 | 129 | 6.81% | $ 369,480 | 6.333% | 356.71 | 697 | 77.7% |
1.500 | 2,538,317 | 5 | 0.36 | 507,663 | 6.970 | 356.00 | 665 | 80.0 |
2.000 | 164,393,666 | 439 | 23.48 | 374,473 | 6.216 | 357.25 | 689 | 78.5 |
3.000 | 469,082,110 | 1,802 | 67.01 | 260,312 | 6.628 | 356.73 | 669 | 79.2 |
5.000 | 12,241,965 | 36 | 1.75 | 340,055 | 6.566 | 356.29 | 703 | 79.8 |
5.250 | 156,000 | 1 | 0.02 | 156,000 | 6.750 | 356.00 | 626 | 80.0 |
6.000 | 3,926,051 | 15 | 0.56 | 261,737 | 6.624 | 355.42 | 674 | 83.0 |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
____________
* | The weighted average Initial Periodic Rate Cap for the Adjustable Rate Mortgage Loans as of the Cut-off Date was approximately 2.676%. |
Subsequent Periodic Rate Cap for the Adjustable Rate Mortgage Loans*
Subsequent Periodic Rate Cap (%) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
1.000 | $ 520,318,523 | 1,928 | 74.33% | $ 269,875 | 6.599% | 356.75 | 673 | 78.9% |
1.500 | 2,388,494 | 9 | 0.34 | 265,388 | 6.501 | 354.93 | 661 | 87.8 |
2.000 | 177,294,042 | 490 | 25.33 | 361,825 | 6.254 | 357.10 | 685 | 78.9 |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
____________
* | The weighted average Subsequent Periodic Rate Cap for the Adjustable Rate Mortgage Loans as of the Cut-off Date was approximately 1.255%. |
Minimum Mortgage Rates for the Adjustable Rate Mortgage Loans*
Range of Minimum Mortgage Rates (%) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
1.001 – 2.000 | $ 73,500 | 1 | 0.01% | $ 73,500 | 6.500 | 353.00 | 651 | 70.0% |
2.001 – 3.000 | 62,669,387 | 150 | 8.95 | 417,796 | 6.256 | 356.55 | 702 | 74.1 |
3.001 – 4.000 | 299,898,339 | 888 | 42.84 | 337,723 | 6.363 | 357.18 | 692 | 77.4 |
4.001 – 5.000 | 36,124,688 | 134 | 5.16 | 269,587 | 6.072 | 356.38 | 660 | 81.9 |
5.001 – 6.000 | 115,065,315 | 500 | 16.44 | 230,131 | 6.315 | 356.22 | 655 | 81.8 |
6.001 – 7.000 | 130,007,841 | 525 | 18.57 | 247,634 | 6.790 | 356.79 | 662 | 80.9 |
7.001 – 8.000 | 48,479,513 | 198 | 6.93 | 244,846 | 7.448 | 356.80 | 647 | 80.5 |
8.001 – 9.000 | 6,166,009 | 26 | 0.88 | 237,154 | 8.462 | 357.62 | 646 | 81.6 |
9.001 – 10.000 | 1,230,618 | 4 | 0.18 | 307,654 | 9.616 | 358.43 | 652 | 76.0 |
10.001 or Greater | 285,850 | 1 | 0.04 | 285,850 | 11.625 | 357.00 | 652 | 95.0 |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511 | 356.83 | 676 | 79.0% |
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* | The weighted average Minimum Mortgage Rate for the Adjustable Rate Mortgage Loans as of the Cut-off Date was approximately 4.826% per annum. |
Types of Mortgaged Properties for the Mortgage Loans
Property Type | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
Single-Family Residence | $ 481,144,195 | 1,687 | 68.73% | $ 285,207 | 6.482% | 356.80 | 672 | 79.3% |
Planned Unit Development | 106,385,665 | 319 | 15.20 | 333,497 | 6.477 | 356.90 | 684 | 78.5 |
Condominium | 66,552,661 | 283 | 9.51 | 235,168 | 6.564 | 356.94 | 687 | 78.9 |
Two Family | 26,223,824 | 81 | 3.75 | 323,751 | 6.835 | 356.96 | 677 | 78.6 |
Four Family | 7,930,650 | 17 | 1.13 | 466,509 | 6.808 | 356.29 | 716 | 72.6 |
Three Family | 7,150,914 | 17 | 1.02 | 420,642 | 6.926 | 356.94 | 694 | 76.1 |
Townhouse | 2,743,351 | 17 | 0.39 | 161,374 | 6.611 | 356.11 | 683 | 79.6 |
CNDP | 1,337,877 | 4 | 0.19 | 334,469 | 6.516 | 356.27 | 711 | 68.7 |
Single Family Residence Attached | 531,920 | 2 | 0.08 | 265,960 | 6.344 | 357.66 | 709 | 80.0 |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
Occupancy Types for the Mortgage Loans(1)
Occupancy | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
Owner Occupied | $ 594,634,026 | 2,021 | 84.95% | $ 294,228 | 6.471% | 356.80 | 671 | 79.5% |
Investment Home | 87,937,275 | 342 | 12.56 | 257,127 | 6.729 | 357.08 | 703 | 75.7 |
Second Home | 17,429,756 | 64 | 2.49 | 272,340 | 6.772 | 356.74 | 703 | 77.4 |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
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| (1) | Based on representations by the Mortgagors at the time of origination of the Mortgage Loans. |
Loan Purposes for the Mortgage Loans
Loan Purpose | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
Purchase | $ 476,062,555 | 1,639 | 68.01% | $ 290,459 | 6.512% | 356.86 | 683 | 79.1% |
Refinance – Cash Out | 175,916,196 | 595 | 25.13 | 295,657 | 6.500 | 356.74 | 663 | 78.7 |
Refinance – Rate/Term | 48,022,307 | 193 | 6.86 | 248,820 | 6.547 | 356.87 | 658 | 78.3 |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
Original Term for the Mortgage Loans
Original Term (months) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
ARM 360 | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
Mortgage Loan Program and Documentation Type for the
Mortgage Loans
Loan Documentation Type | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
Progressive Series Program (Limited (Stated) Documentation) | $ 463,880,358 | 1,503 | 66.27% | $ 308,636 | 6.511% | 356.91 | 679 | 78.6% |
Progressive Series Program (Full Documentation) | 131,028,542 | 593 | 18.72 | 220,959 | 6.302 | 356.55 | 656 | 80.7 |
Progressive Express Program (Verified Assets) | 31,035,551 | 93 | 4.43 | 333,716 | 6.595 | 356.62 | 696 | 79.7 |
Progressive Series Program (Stated Income/Stated Assets Documentation) | 27,227,751 | 88 | 3.89 | 309,406 | 7.005 | 357.42 | 678 | 78.8 |
Progressive Express Program (Non Verified Assets) | 21,823,117 | 66 | 3.12 | 330,653 | 6.688 | 356.71 | 675 | 77.2 |
Progressive Express No Doc Program (No Documentation) | 19,021,196 | 65 | 2.72 | 292,634 | 6.958 | 356.84 | 704 | 77.2 |
Progressive Series Program (Alternative Documentation) | 3,804,599 | 11 | 0.54 | 345,873 | 5.976 | 354.19 | 650 | 87.1 |
Progressive Express Program No Doc Program (Verified Assets) | 1,779,454 | 5 | 0.25 | 355,891 | 6.884 | 357.03 | 696 | 74.3 |
Progressive Series Program (No Income/No Asset Documentation) | 400,490 | 3 | 0.06 | 133,497 | 8.104 | 359.00 | 635 | 79.6 |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
See “The Originator—Underwriting Standards” above for a detailed description of the Originator's loan programs and documentation requirements.
Original Prepayment Penalty Term for the Mortgage Loans
Original Prepayment Penalty Term (months) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
0 | $ 122,229,699 | 423 | 17.46% | $ 288,959 | 6.728% | 356.82 | 684 | 78.0% |
6 | 13,248,119 | 29 | 1.89 | 456,832 | 6.484 | 356.43 | 675 | 72.1 |
12 | 204,301,894 | 567 | 29.19 | 360,321 | 6.264 | 357.18 | 691 | 78.0 |
24 | 314,686,242 | 1,240 | 44.96 | 253,779 | 6.604 | 356.65 | 664 | 80.2 |
36 | 35,389,269 | 140 | 5.06 | 252,780 | 6.419 | 356.48 | 667 | 80.5 |
60 | 10,145,835 | 28 | 1.45 | 362,351 | 6.357 | 357.21 | 685 | 75.3 |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
Months to Next Adjustment Date for the Adjustable Rate Mortgage Loans
Range of Months to Next Adjustment Date |
Weighted Average Months to Next Rate Adjustment | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
0-6 | 3 | $ 52,670,776 | 143 | 7.52% | $368,327 | 6.324% | 356.54 | 695 | 78.2% |
7-12 | 9 | 149,122,329 | 392 | 21.30 | 380,414 | 6.170 | 357.23 | 690 | 78.4 |
13-18 | 17 | 16,705,722 | 53 | 2.39 | 315,202 | 6.086 | 353.25 | 662 | 83.3 |
19-24 | 21 | 465,868,607 | 1,789 | 66.55 | 260,407 | 6.668 | 356.89 | 670 | 79.1 |
25-31 | 30 | 2,836,325 | 12 | 0.41 | 236,360 | 6.384 | 354.22 | 676 | 79.4 |
32-37 | 32 | 12,797,300 | 38 | 1.83 | 336,771 | 6.155 | 356.30 | 693 | 79.7 |
Total/Avg./Wtd. Avg. | 17 | $ 700,001,058 | 2,427 | 100.00% | $288,422 | 6.511% | 356.83 | 676 | 79.0% |
Risk Categories(1) (2)
Credit Grade Category | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
A- | $ 8,574,927 | 28 | 1.22% | $ 306,247 | 6.914% | 356.91 | 610 | 76.5% |
Progressive Express™ III | 522,354 | 2 | 0.07 | 261,177 | 6.735 | 356.37 | 631 | 79.4 |
Progressive Express™ II | 9,184,752 | 31 | 1.31 | 296,282 | 7.657 | 356.98 | 652 | 81.0 |
Progressive Express™ I | 26,940,184 | 81 | 3.85 | 332,595 | 6.508 | 357.21 | 718 | 78.4 |
A | 417,593,674 | 1,527 | 59.66 | 273,473 | 6.592 | 356.74 | 650 | 79.3 |
A+ | 233,899,566 | 749 | 33.41 | 312,282 | 6.298 | 356.94 | 721 | 78.4 |
ALTB, A | 3,215,674 | 8 | 0.46 | 401,959 | 7.034 | 357.31 | 664 | 79.9 |
Progressive Express™ V | 69,926 | 1 | 0.01 | 69,926 | 11.125 | 357.00 | 599 | 70.0 |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $ 288,422 | 6.511% | 356.83 | 676 | 79.0% |
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(1) All of these Mortgage Loans were reviewed and placed into risk categories based on the credit standards of the Progressive Series Program. Credit grades of A+, A and A- correspond to Progressive Series I+, I and II, III and III+, respectively.
(2) These Mortgage Loans were originated under the Originator's Progressive Express™ Program. The underwriting for these Mortgage Loans is generally based on the borrower's “Credit Score” score and therefore these Mortgage Loans do not correspond to the alphabetical risk categories listed above.
See “The Originator—Underwriting Standards” above for a description of the Originator's risk categories.
Interest Only Period for the Mortgage Loans
Interest Only | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio |
0 | $ 64,517,662 | 305 | 9.22% | $211,533 | 6.768% | 356.64 | 668 | 78.7% |
12 | 456,000 | 1 | 0.07 | 456,000 | 5.625 | 357.00 | 725 | 80.0 |
24 | 7,902,969 | 19 | 1.13 | 415,946 | 6.113 | 354.05 | 641 | 84.7 |
36 | 7,766,817 | 18 | 1.11 | 431,490 | 5.674 | 355.99 | 706 | 80.4 |
60 | 540,261,977 | 1,867 | 77.18 | 289,374 | 6.520 | 356.96 | 674 | 79.2 |
120 | 79,095,633 | 217 | 11.30 | 364,496 | 6.367 | 356.45 | 697 | 76.9 |
Total/Avg./Wtd. Avg. | $ 700,001,058 | 2,427 | 100.00% | $288,422 | 6.511% | 356.83 | 676 | 79.0% |