Fremont Home Loan Trust 2006-2 FWP Free writing prospectus

Filed pursuant to Rule 433(d)

Registration Statement No. 333-130961

The issuer has filed a registration statement (including a base prospectus) with the SEC for the offering to which this free writing prospectus relates. Before you invest in this offering, you should read the base prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, RBS Greenwich Capital will arrange to send you the base prospectus at no charge if you request it by calling 1-866-884-2071 or emailing offeringmaterials@rbsgc.com.

This free writing prospectus is being delivered to you solely to provide you with information about the offering and to solicit an offer to purchase the offered securities. Any such offer to purchase made by you will not be accepted and will not constitute a contractual commitment by you to purchase any of the securities until we have accepted your offer to purchase such securities. Any such commitment shall be subject to the conditions specified below.

This free writing prospectus is not required to contain all of the information that is required to be included in the base prospectus and the prospectus supplement. The information in this free writing prospectus is preliminary and is subject to completion or change. The information in this free writing prospectus, if conveyed prior to the time of your commitment to purchase the offered securities, supercedes any prior version of this free writing prospectus and any information contained in any prior similar free writing prospectus relating to these securities. If a preliminary prospectus is conveyed to you prior to your commitment to purchase, that document supersedes all other information provided to you concerning the offered securities.

This free writing prospectus is not an offer to sell or a solicitation of an offer to buy these securities in any state where such offer, solicitation or sale is not permitted.

The securities referred to in this free writing prospectus are being offered when, as and if issued. The issuer is not obligated to issue any such securities or any similar securities, and all or a portion of the securities may not be issued that have the characteristics described herein. The underwriters' obligation to deliver such securities is subject to the terms and conditions of the underwriting agreement with the issuer and the availability of the securities having the characteristics described herein. If, for any reason, the issuer does not deliver such securities, the underwriter will notify you, and neither the issuer nor any underwriter will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery.

For asset-backed and mortgage-backed securities: Certain of the information contained herein may be based on numerous assumptions (including preliminary assumptions about the pool assets and structure), which may not be specifically identified as assumptions in the information. Any such information or assumptions are subject to change. The information in this free writing prospectus may reflect assumptions specifically requested by you. If so, prior to the time of your commitment to purchase, you should request updated information based on any assumptions specifically required by you.

Any legends, disclaimers or other notices that may appear below or on any electronic communication to which this free writing prospectus is attached which state that (1) these materials do not constitute an offer (or a solicitation of an offer), (2) no representation is made as to the accuracy or completeness of these materials and that these materials may not be updated or (3) these materials may be confidential are not applicable to this communication and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of this communication having been sent via Bloomberg or another system.

Fremont Home Loan Trust 2006-2

Asset-Backed Certificates, Series 2006-2

$954,017,000 (Approximate)

Financial Asset Securities Corp.

Depositor

Wells Fargo Bank, N.A.

Master Servicer

Fremont Investment & Loan

Originator & Servicer

Lead Underwriter

Wachovia Capital Markets, LLC

Co-Manager

RBS Greenwich Capital Contacts:

Mortgage Finance	Phone	E-mail Address
Ara Balabanian	(203) 618-2435	ara.balabanian@rbsgc.com
Sean Curran	(203) 618-2426	currans@rbsgc.com

Trading	Phone	E-mail Address
Ron Weibye	(203) 625-6160	weibyer@gcm.com
Peter McMullin	(203) 625-6160	peter.mcmullin@gcm.com
Frank Skibo	(203) 625-6160	skibof@rbsgc.com

Rating Agency Contacts:

Standard & Poor’s	Phone	E-mail Address
Sudhir Sharma	(212) 438-3047	sudhir_sharma@standardandpoors.com
Gabriel Wieder	(212) 438-3080	gabriel_wieder@sandp.com


Moody’s Investors Service	Phone	E-mail Address
Todd Swanson	(415) 274-1714	Todd.Swanson@moodys.com
Karen Romallo	(212) 553-0370	Karen.Ramallo@moodys.com

The issuer has filed a registration statement (including a base prospectus) with the SEC for the offering to which this free writing prospectus relates. Before you invest in this offering, you should read the base prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov<http://www.sec.gov/>. Alternatively, RBS Greenwich Capital will arrange to send you the base prospectus at no charge if you request it by calling 1-866-884-2071 or emailing offeringmaterials@rbsgc.com.

This free writing prospectus is not an offer to sell or a solicitation of an offer to buy these securities in any state where such offer, solicitation or sale is not permitted.

Preliminary Term Sheet Date Prepared: April 4, 2006

Fremont Home Loan Trust 2006-2

Asset-Backed Certificate, Series 2006-2

$673,111,000 (Approximate)

Publicly Offered Certificates

			Payment
	Principal	WAL (Years)	Window (Mths)			Certificate	Assumed Final	Expected Rating
Class^(1,3,4)	Amount ($)	Call/Mat⁽²⁾	Call/Mat⁽²⁾			Type	Distribution Date	Moody’s/S&P
I-A1	$280,906,000	Not Marketed Hereby				Floating Rate Seniors	February 2036	Aaa/AAA
II-A1	$269,141,000	1.00/1.00		1-21/1-21		Floating Rate Seq Seniors	February 2036	Aaa/AAA
II-A2	$ 98,875,000	2.00/2.00		21-28/21-28		Floating Rate Seq Seniors	February 2036	Aaa/AAA
II-A3	$ 83,704,000	3.50/3.73		28-69/28-97		Floating Rate Seq Seniors	February 2036	Aaa/AAA
II-A4	$ 12,129,000	5.74/10.19		69-69/97-161		Floating Rate Seq Seniors	February 2036	Aaa/AAA
M-1	$ 74,525,000	4.53/4.53		46-66/46-66		Floating Rate Seq Subordinate	February 2036	Aa2/AA
M-2	$ 21,222,000	5.73/7.76		66-69/66-142		Floating Rate Seq Subordinate	February 2036	Aa3/AA
M-3	$ 19,742,000	4.36/4.78		44-69/44-124		Floating Rate Subordinate	February 2036	A1/AA-
M-4	$ 18,261,000	4.28/4.69		42-69/42-119		Floating Rate Subordinate	February 2036	A2/A+
M-5	$ 17,274,000	4.22/4.61		41-69/41-115		Floating Rate Subordinate	February 2036	A3/A
M-6	$ 14,806,000	4.18/4.55		40-69/40-109		Floating Rate Subordinate	February 2036	Baa1/A
M-7	$ 13,326,000	4.15/4.48		39-69/39-104		Floating Rate Subordinate	February 2036	Baa2/BBB+
M-8	$ 10,364,000	4.12/4.42		39-69/39-98		Floating Rate Subordinate	February 2036	Baa3/BBB+
M-9	$ 9,871,000	4.11/4.36		38-69/38-92		Floating Rate Subordinate	February 2036	Ba1/BBB
M-10	$ 9,871,000	4.08/4.27			38-69/38-86	Floating Rate Subordinate	February 2036	Ba2/BBB-
B-1	$ 10,858,000	Not Offered Herein				Floating Rate Subordinate	February 2036	NR/BB+
B-2	$ 7,403,000	Not Offered Herein				Fixed Rate Subordinate	February 2036	NR/BB+
Total	$972,278,000

(1)

The Class I-A1 are backed primarily by the cash flow from the Group I Mortgage Loans (as defined herein). The Class II-A1, Class II-A2, Class II-A3 and Class II-A4 are backed primarily by the cash flow from the Group II Mortgage Loans (as defined herein). The Subordinate Certificates are backed by the cash flow from the Mortgage Loans (as defined herein). The principal balance of each class of Offered Certificates (as defined herein) is subject to a 10% variance.

(2)

The WAL and Payment Windows for the Offered Certificates are shown to the Clean-up Call Date (as described herein) and to maturity. See “Pricing Prepayment Speed” herein.

(3)

The Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 and Class M-10 Certificates are priced to the Clean-up Call Date. The margin on the Senior Certificates will double and the margin on the Subordinate Certificates will be equal to 1.5x the original margin after the Clean-up Call Date.

(4)

The Class B-1 and Class B-2 Certificates will be offered privately pursuant to Rule 144A of the Securities Act of 1933 to “Qualified Institutional Buyers”.

Depositor:

Financial Asset Securities Corp.

Master Servicer:

Wells Fargo Bank, N.A.

Lead Underwriter:

Greenwich Capital Markets, Inc. (“RBS Greenwich Capital”).

Co-Manager:

Wachovia Capital Markets, LLC

Trustee and

Custodian: Deutsche Bank National Trust Company.

Originator & Servicer:

Fremont Investment & Loan (“Fremont”).

Credit Risk Manager: [Clayton Fixed Income Services Inc. formerly known as The Murrayhill Company.]

Certificates:

The Class I-A1 Certificates (the “Group I Certificates”), the Class II-A1, Class II-A2, Class II-A3 and Class II-A4 Certificates (together, the “Group II Certificates”, together with the Group I Certificates, the “Senior Certificates”), the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 and Class M-10 Certificates (together, the “Class M Certificates”) and the Class B-1 and Class B-2 Certificates (the “Class B Certificates”; and together, with the Class M Certificates the “Subordinate Certificates”). The Class II-A1, Class II-A2, Class II-A3, Class II-A4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 and Class M-10 Certificates are referred to herein as the “Offered Certificates.” The Senior Certificates together with the Subordinate Certificates are referred to herein as the “Certificates.” The Class B-1 and Class B-2 Certificates will be offered privately pursuant to Rule 144A of the Securities Act of 1933 to “Qualified Institutional Buyers”.

The trust will also issue the Class C, Class P, Class R and Class R-X Certificates, none of which will be publicly offered.

Federal Tax Status:

The Offered Certificates will represent ownership of REMIC regular interests for federal tax purposes.

Registration:

The Offered Certificates will be available in book-entry form through DTC and, only upon request, through Clearstream, Luxembourg and the Euroclear System.

Cut-off Date:

The close of business on April 1, 2006.

Expected Pricing Date: On or about April [7], 2006.

Expected Closing Date: On or about April 28, 2006.

Distribution Date:

The 25th day of each month (or if not a business day, the next succeeding business day) commencing in May 2006.

Accrued Interest:

The price to be paid by investors for the Senior and Subordinate Certificates (except the Class B-2 Certificates) will not include accrued interest (settling flat).

The price to be paid by investors for the Class B-2 Certificates will include accrued interest from the Cut-off Date up to, but not including, the Closing Date (27 days).

Interest Accrual Period: The interest accrual period for each Distribution Date with respect to the Offered Certificates will be the period beginning with the previous Distribution Date (or, in the case of the first Distribution Date, the Closing Date) and ending on the day prior to such Distribution Date (on an actual/360 basis). The interest accrual period for each Distribution Date with respect to the Class B-2 Certificates will be the previous calendar month immediately preceding the then current Distribution date (on a 30/360 basis).

ERISA Eligibility: The Offered Certificates are expected to be ERISA eligible.

SMMEA Eligibility:

None of the Offered Certificates are expected to constitute “mortgage related securities” for purposes of SMMEA.

Optional Termination:

The terms of the transaction allow for an optional call of the Mortgage Loans and the retirement of the Certificates (the “Clean-up Call”), which may be exercised once the aggregate principal balance of the Mortgage Loans is less than or equal to 10% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date.

Denomination:

$25,000 minimum and multiples of $1 in excess thereafter provided that the Certificates must be purchased in minimum total investments of $100,000.

Pricing Prepayment Speed:

The Certificates will be priced based on the following collateral prepayment assumptions:

FRM Loans: 100% PPC (100% PPC: 4.6% - 23.0% CPR over 12 months).

ARM Loans:

100% PPC (100% PPC: 2.00% in month 1, increased by approximately 2.545% each month to 30.00% CPR in month 12, remaining constant at 30.00% CPR through month 23, increasing to 60.00% CPR in month 24 and remaining constant at 60.00% CPR until month 27 and decreasing to 35.00% CPR in month 28 and remaining constant at 35.00% CPR from month 28 and thereafter),

Mortgage Loans:

As of the Cut-off Date, the aggregate principal balance of the mortgage loans described herein was approximately $987,084,221 consisting primarily of fixed and hybrid adjustable rate, fully amortizing and balloon, first and second lien, conforming and non-conforming balance mortgage loans (the “Mortgage Loans”). See attached collateral descriptions for more information.

The Mortgage Loans will be divided into the Group I Mortgage Loans and Group II Mortgage Loans.

As of the Cut-off Date, the “Group I Mortgage Loans” consisted of first and second lien, fixed rate and hybrid adjustable rate, conforming balance mortgage loans with an aggregate principal balance of approximately $372,307,094. Approximately 12.29% of the Group I Mortgage Loans have fixed rates and approximately 87.71% of the Group I Mortgage Loans have hybrid adjustable rates with an initial rate adjustment occurring approximately either two, three or five years following origination, and in each case following the initial fixed rate period adjust every six months thereafter. Approximately 6.14% of the Group I Mortgage Loans require the borrowers to make monthly payments only of accrued interest for the first 60 months.

As of the Cut-off Date, the “Group II Mortgage Loans” consisted primarily of first and second lien, fixed rate and hybrid adjustable rate, conforming and non-conforming balance mortgage loans with an aggregate principal balance of approximately $614,777,127. Approximately 8.51% of the Group II Mortgage Loans have fixed rates and approximately 91.49% of the Group II Mortgage Loans have hybrid adjustable rates with an initial rate adjustment occurring approximately either two, three or five years following origination, and in each case following the initial fixed rate period adjust every six months thereafter. Approximately 19.69% of the Group II Mortgage Loans require the borrowers to make monthly payments only of accrued interest for the first 60 months.

On or prior to the Closing Date, certain Mortgage Loans may be removed from the trust and certain other similar mortgage loans may be added to the trust.

On the Closing Date, up to [0.50]% of the aggregate principal balance of the Mortgage Loans as of the Cut-Off Date may be [30-89] days delinquent.

Pass-Through Rate:

The “Pass-Through Rate” for the Senior and Subordinate Certificates (other than the Class B-2 Certificates) will be equal to the lesser of (i) the related Formula Rate and (ii) the Net WAC Rate.

The “Pass-Through Rate” for the Class B-2 Certificates will be a fixed rate per annum.

Formula Rate: The “Formula Rate” on each of the Offered Certificates (except the Class B-2 Certificates) will be equal to the lesser of (i) One Month LIBOR plus the related margin for such Class and (ii) the Maximum Cap.

Net WAC Rate: The “Net WAC Rate” is a per annum rate (subject to adjustment based on the actual number of days elapsed in the related Accrual Period) equal to a fraction, expressed as a percentage, (1) the numerator of which is equal to the product of (x) 12 and (y) the amount of interest which accrued on the Mortgage Loans in the prior calendar month (after giving effect to principal prepayments) at their Adjusted Net Mortgage Rates minus the amount of any Net Swap Payment or Swap Termination Payment (only if such Swap Termination Payment was not due to an event of default or certain termination events with respect to the Swap Provider) made to the Swap Provider and (2) the denominator of which is equal to the aggregate principal balance of the Mortgage Loans as of the first day of the month preceding the month in which such Distribution Date occurs, after giving effect to principal prepayments received during the related Prepayment Period.

Maximum Cap: The “Maximum Cap” for any Distribution Date will be a per annum rate (subject to adjustment based on the actual number of days elapsed in the related Interest Accrual Period) equal to the weighted average of the Adjusted Net Maximum Mortgage Rates for the Mortgage Loans plus an amount, expressed as a per annum rate, equal to the product of (x) a fraction the numerator of which is equal to any Net Swap Payment made by the Swap Provider and the denominator of which is equal to the aggregate Principal Balance of the Mortgage Loans and (y) 12.

Adjusted Net Mortgage

Rate: The “Adjusted Net Mortgage Rate” for any Mortgage Loan will be equal to the mortgage rate for such Mortgage Loan less the sum of (i) the master servicing fee rate, (ii) the servicing fee rate and (iii) the credit risk manager fee rate, if any.

Adjusted Net Maximum

Mortgage Rate: The “Adjusted Net Maximum Mortgage Rate” for any Mortgage Loan will be equal to the maximum mortgage rate for such Mortgage Loan (or the mortgage rate for such Mortgage Loan, if such Mortgage Loan has a fixed rate) less the sum of (i) the master servicing fee rate, (ii) the servicing fee rate and (iii) the credit risk manager fee rate, if any.

Net WAC Rate

Carryover Amount: If on any Distribution Date the Pass-Through Rate for any Class of Certificates is limited by the Net WAC Rate, the “Net WAC Rate Carryover Amount” for such Class is equal to the sum of (i) the excess of (a) the amount of interest that would have accrued on such Class based on the related Formula Rate over (b) the amount of interest actually accrued on such Class based on the Net WAC Rate and (ii) the unpaid portion of any related Net WAC Rate Carryover Amount from the prior Distribution Date together with accrued interest at the related Formula Rate. Any Net WAC Rate Carryover Amount will be paid on such Distribution Date or future Distribution Dates to the extent of funds available.

Swap

Agreement: On the Closing Date, the Trustee will enter into the “Swap Agreement” with notional amount as shown in the Swap Schedule herein. Under the Swap Agreement, the Trust will be obligated to pay an amount equal to [5.200]% per annum on the notional amount as set forth in the Swap Agreement to the Swap Provider (on a 30/360 basis) and the Trust will be entitled to receive an amount equal to one-month LIBOR on the notional amount as set forth in the Swap Agreement from the Swap Provider (on an actual/360 basis), until the Swap Agreement is terminated. Only the net amount of the two obligations will be paid by the appropriate party (the “Net Swap Payment”) on each Distribution Date. Generally, the Net Swap Payment will be deposited into a swap account (the “Swap Account”) pursuant to the Pooling Agreement and amounts on deposit in the Swap Account will be distributed in accordance with the terms set forth in the Pooling Agreement. Upon early termination of the Swap Agreement, the Trust or the Swap Provider may be liable to make a termination payment (the ‘‘Swap Termination Payment’’) to the other party (regardless of which party caused the termination). The Swap Termination Payment will be computed in accordance with the procedures set forth in the Swap Agreement and will generally be paid on the related Distribution Date and on any subsequent Distribution Date until paid in full. If a swap termination is paid, and if it is not used to get a successor swap provider, the net swap payment that would normally be paid to the trust will be distributed to a reserve account available for the same shortfalls the swap would cover through the waterfall above, until the expiration of the original swap term or a successor swap provider is assigned. In the event that the Trust is required to make a Swap Termination Payment, only if such Swap Termination Payment was not due to an event of default or certain termination events with respect to the Swap Provider, payments generally will be paid prior to distributions to Certificateholders. The Swap Agreement will terminate after the Distribution Date in July 2009.

Cap

Agreement: On the Closing Date, the Trust will enter into the “Cap Agreement” to make payments in respect of any Net WAC Rate Carryover Amounts on the Certificates to the extent necessary on the Distribution Dates occurring from May 2006 to March 2007. On each such Distribution Date, the counterparty to the Cap Agreement will be obligated to make a payment to the trust equal to the product of (a) the excess, if any, of (i) One Month LIBOR, subject to a maximum of 10.50% over (ii) the strike price for such Distribution Date specified on the Cap Agreement Schedule herein, accrued during the related Interest Accrual Period for the Certificates and (b) the notional balance for such Distribution Date specified on the Cap Agreement Schedule herein and (c) the actual number of days in the related Interest Accrual Period divided by 360.

Credit Enhancement: Consists of the following:

1) Excess Cashflow;

2) Swap Agreement;

3) Overcollateralization Amount; and

4) Subordination.

Excess Cashflow:

The “Excess Cashflow” for any Distribution Date will be equal to the available funds remaining after priorities 1) and 2) under “Priority of Distributions.”

Subordination: If the Excess Cashflow, Net Swap Payment, if any, and overcollateralization are insufficient to cover Realized Losses, the certificate principal balances of the Subordinate Certificates will be reduced by such Realized Losses in reverse order of seniority.

Overcollateralization

Amount: The “Overcollateralization Amount” is equal to the excess of the aggregate principal balance of the Mortgage Loans over the aggregate certificate principal balance of the Certificates and Class P Certificates. On the Closing Date, the Overcollateralization Amount will be equal to approximately 1.50% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date. To the extent the Overcollateralization Amount is reduced below the Required Overcollateralization Target, Excess Cashflow and Net Swap Payments, if any, will be directed to build the Overcollateralization Amount until the Required Overcollateralization Target is reached.

Required

Overcollateralization

Target: On any Distribution Date, the “Required Overcollateralization Target” is equal to:

(i)

prior to the Stepdown Date, 1.50% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date, and

(ii)

on or after the Stepdown Date, if no Trigger Event has occurred and is continuing, the greater of:

(a) 3.00% of the current principal balance of the Mortgage Loans;

(b) 0.50% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date and (the “OC Floor”), and

(iii)

during the occurrence and continuation of a Trigger Event, the Required Overcollateralization Target as of the previous Distribution Date.

Stepdown Date: The earlier to occur of

(i) the Distribution Date on which the principal balance of the Senior Certificates has been reduced to zero and

(ii) the later to occur of:

(x) the Distribution Date occurring in May 2009 and

(y) the first Distribution Date on which the Credit Enhancement Percentage

with respect to the Senior Certificates is at least 49.10%.

Credit Enhancement

Percentage: The “Credit Enhancement Percentage” for a Distribution Date and any Certificate is equal to (i) the sum of (a) the aggregate principal balance of the Certificates subordinate to such Certificate and (b) the Overcollateralization Amount divided by (ii) the aggregate principal balance of the Mortgage Loans.

	Ratings (M/S)		Initial Credit Enhancement Percentage			Target Credit Enhancement Percentage on or After Stepdown Date
Senior		Aaa/AAA		24.55	%		49.10	%
M-1		Aa2/AA		17.00	%		34.00	%
M-2		Aa3/AA		14.85	%		29.70	%
M-3		A1/AA-		12.85	%		25.70	%
M-4		A2/A+		11.00	%		22.00	%
M-5		A3/A		9.25	%		18.50	%
M-6		Baa1/A		7.75	%		15.50	%
M-7		Baa2/BBB+		6.40	%		12.80	%
M-8		Baa3/BBB+		5.35	%		10.70	%
M-9		Ba1/BBB		4.35	%		8.70	%
M-10		Ba2/BBB-		3.35	%		6.70	%
B-1		NR/BB+		2.25	%		4.50	%
B-2		NR/BB+		1.50	%		3.00	%

Trigger Event:

A “Trigger Event” is in effect on any Distribution Date on or after the Stepdown Date, if either (i) a) the 60+ delinquency percentage exceeds [32.55]% of the current Credit Enhancement Percentage of the Senior Certificates or b) the 60+ delinquency percentage exceeds [39.00]% of the current Credit Enhancement Percentage of the Class M-1 Certificates after the Senior Certificates are paid down to zero or (ii) cumulative realized losses for the related Distribution Date as a percentage of the principal balance of the Mortgage Loans as of the Cut-off Date are greater than:

Distribution Date	Percentage
May 2008 - April 2009	[1.50]% for the first month plus an additional 1/12^th of [1.90]% for each month thereafter
May 2009 - April 2010	[3.40]% for the first month plus an additional 1/12^th of [1.90]% for each month thereafter
May 2010 - April 2011	[5.30]% for the first month plus an additional 1/12^th of [1.50]% for each month thereafter
May 2011 - April 2012	[6.80]% for the first month plus an additional 1/12^th of [0.80]% for each month thereafter
May 2012 and thereafter	[7.60]%

Realized Losses:

If a Mortgage Loan becomes a liquidated loan, the net liquidation proceeds relating thereto may be less than the principal balance on such Mortgage Loan. The amount of such insufficiency is a “Realized Loss.” Realized Losses on the Mortgage Loans will, in effect, be absorbed first, by the Excess Cashflow, second, by Net Swap Payments received under the Swap Agreement and third, by the reduction of the Overcollateralization Amount. Following the reduction of any Overcollateralization Amount to zero, all allocable Realized Losses will be applied in reverse sequential order, first to the Class B-2 Certificates, second to the Class B-1 Certificates, third to the Class M-10 Certificates, fourth to the Class M-9 Certificates, fifth to the Class M-8 Certificates, sixth to the Class M-7 Certificates, seventh to the M-6 Certificates, eighth to the Class M-5 Certificates, ninth to the Class M-4 Certificates, tenth to the Class M-3 Certificates, eleventh to the Class M-2 Certificates, and twelfth to the Class M-1 Certificates. Realized Losses will not be allocated to any of the Senior Certificates.

Priority of

Distributions: Available funds from the Mortgage Loans will be distributed as follows:

1) Interest funds as follows: first to pay servicing fees and trustee fees, second monthly interest plus any previously unpaid interest to the Senior Certificates, generally based on interest collected from the related loan group, third monthly interest to the Class M-1 Certificates, fourth monthly interest to the Class M-2 Certificates, fifth monthly interest to the Class M-3 Certificates, sixth monthly interest to the Class M-4 Certificates, seventh monthly interest to the Class M-5 Certificates, eighth monthly interest to the Class M-6 Certificates, ninth monthly interest to the M-7 Certificates, tenth monthly interest to the Class M-8 Certificates, eleventh monthly interest to the Class M-9 Certificates, twelfth monthly interest to the Class M-10 Certificates, thirteenth monthly interest to the Class B-1 Certificates and fourteenth monthly interest to the Class B-2 Certificates. In certain limited circumstances described in the prospectus supplement, interest funds will be distributed to the Senior Certificates from the unrelated loan group, to the extent not received from the related loan group.

2) Principal funds, as follows: in each case as described under "Principal Paydown", first monthly principal to the Senior Certificates, generally based on principal collected from the related loan group, second monthly principal to the Class M-1 Certificates, third monthly principal to the Class M-2 Certificates, fourth monthly principal to the Class M-3 Certificates, fifth monthly principal to the Class M-4 Certificates, sixth monthly principal to the Class M-5 Certificates, seventh monthly principal to the Class M-6 Certificates, eighth monthly principal to the Class M-7 Certificates, ninth monthly principal to the M-8 Certificates, tenth monthly principal to the Class M-9 Certificates, eleventh monthly principal to the Class M-10 Certificates, twelfth monthly principal to the Class B-1 Certificates and thirteenth monthly principal to the Class B-2 Certificates.

3) Excess Cashflow as follows: first, as principal to the certificates to build the Overcollateralization Amount in the order of priority described under “Principal Paydown” below, second, any previously unpaid interest to the Class M-1 Certificates, then any unpaid applied Realized Loss amount to the Class M-1 Certificates, then any previously unpaid interest to the Class M-2 Certificates, then any unpaid applied Realized Loss amount to the Class M-2 Certificates, then any previously unpaid interest to the Class M-3 Certificates, then any unpaid applied Realized Loss amount to the Class M-3 Certificates, then any previously unpaid interest to the Class M-4 Certificates, then any unpaid applied Realized Loss amount to the Class M-4 Certificates, then any previously unpaid interest to the Class M-5 Certificates, then any unpaid applied Realized Loss amount to the Class M-5 Certificates, then any previously unpaid interest to the Class M-6 Certificates, then any unpaid applied Realized Loss amount to the Class M-6 Certificates, then any previously unpaid interest to the Class M-7 Certificates, then any unpaid applied Realized Loss amount to the Class M-7 Certificates, then any previously unpaid interest to the Class M-8 Certificates, then any unpaid applied Realized Loss amount to the Class M-8 Certificates, then any previously unpaid interest to the Class M-9 Certificates, then any unpaid applied Realized Loss amount to the Class M-9 Certificates, then any previously unpaid interest to the Class M-10 Certificates, then any unpaid applied Realized Loss amount to the Class M-10 Certificates, then any previously unpaid interest to the Class B-1 Certificates, then any unpaid applied Realized Loss amount to the Class B-1 Certificates, then any previously unpaid interest to the Class B-2 Certificates and then any unpaid applied Realized Loss amount to the Class B-2 Certificates.

4) From the proceeds of the Cap Agreement, to pay any related Net WAC Rate Carryover Amount pro rata based on the aggregate principal balance of the Certificates (except the Class B-2 Certificates).

5) To the extent available, any remaining Excess Cashflow to pay any Net WAC Rate Carryover Amount, first to the Senior Certificates, pro rata, then to the Class M-1 Certificates, then to the Class M-2 Certificates, then to the Class M-3 Certificates, then to the Class M-4 Certificates, then to the Class M-5 Certificates, then to the Class M-6 Certificates, then to the Class M-7 Certificates, then to Class M-8 Certificates, then to Class M-9 Certificates, then to the Class M-10 Certificates, then to the Class B-1 Certificates and then to the Class B-2 Certificates.

6) Any remaining Excess Cashflow to the holders of the non-offered classes of certificates as described in the pooling agreement (including any Swap Termination payment owed to the Swap Provider due to a Swap trigger event pursuant to the Swap Agreement).

Principal Paydown:

Principal allocated to the Group I Certificates will be distributed to the Class I-A1 Certificates until the aggregate principal balance thereof has been reduced to zero. Principal allocated to the Group II Certificates will be distributed sequentially to the Class II-A1, Class II-A2, Class II-A3 and Class II-A4 Certificates, in that order, until the aggregate principal balance thereof has been reduced to zero. However, if all the Subordinate Certificates are written down to zero, the related share of the principal allocable to the Group II Certificates will be distributed pro-rata, based on the current certificate principal balance until their certificate principal balances are paid to zero. In certain limited circumstances described in the prospectus supplement, principal will be distributed to the Senior Certificates from the unrelated loan group, to the extent not received from the related loan group.

Prior to the Stepdown Date or if a Trigger Event is in effect, 100% of principal will be paid to the Senior Certificates generally based on the principal collected in the related loan group, provided, however if the Senior Certificates have been retired, principal will be applied sequentially in the following order of priority, in each case until the respective certificates have been retired: 1) Class M-1 Certificates, 2) Class M-2 Certificates, 3) Class M-3 Certificates, 4) Class M-4 Certificates, 5) Class M-5 Certificates, 6) Class M-6 Certificates, 7) Class M-7 Certificates, 8) Class M-8 Certificates, 9) Class M-9 Certificates, 10) Class M-10 Certificates, 11) Class B-1 Certificates and 12) Class B-2 Certificates.

On or after the Stepdown Date and if a Trigger Event is not in effect, the Certificates will be entitled to receive payments of principal in the following order of priority: first to the Senior Certificates, generally based on the principal collected in the related loan group, such that the Senior Certificates will have at least 49.10% credit enhancement, second to the Class M-1 and Class M-2 Certificates, sequentially, such that both the Class M-1 and Class M-2 Certificates will have at least 29.70% credit enhancement, third to the Class M-3 Certificates such that the Class M-3 Certificates will have at least 25.70% credit enhancement, fourth to the Class M-4 Certificates such that the Class M-4 Certificates will have at least 22.00% credit enhancement, fifth to the Class M-5 Certificates such that the Class M-5 Certificates will have at least 18.50% credit enhancement, sixth to the Class M-6 Certificates such that the Class M-6 Certificates will have at least 15.50% credit enhancement, seventh to the Class M-7 Certificates such that the Class M-7 Certificates will have at least 12.80% credit enhancement, eighth to the Class M-8 Certificates such that the Class M-8 Certificates will have at least 10.70% credit enhancement, ninth to the Class M-9 Certificates such that the Class M-9 Certificates will have at least 8.70% credit enhancement, tenth to the Class M-10 Certificates such that the Class M-10 Certificates will have at least 6.70% credit enhancement, eleventh to the Class B-1 Certificates such that the Class B-1 Certificates will have at least 4.50% credit enhancement, and twelfth to the Class B-2 Certificates such that the Class B-2 Certificates will have at least 3.00% credit enhancement (subject, in each case, to any overcollateralization floors).

Swap Account:

Funds deposited into the Swap Account on a Distribution Date will include:

(i)

the net swap payments owed to the Swap Provider for such Distribution Date,

(ii)

any net swap payments received from the Swap Provider for such Distribution Date,

On each Distribution Date, following the distribution of Excess Cashflow, payments shall be distributed from the Swap Account as follows:

(i)

to the Swap Provider, any Net Swap Payment owed to the Swap Provider pursuant to the Swap Agreement for such Distribution Date;

(ii)

to the Swap Provider, any Swap Termination Payment owed to the Swap Provider not due to a Swap Provider trigger event pursuant to the Swap Agreement;

(iii)

to the Senior Certificates, any unpaid interest, pro rata, including any accrued unpaid interest from a prior Distribution Date;

(iv)

to the Subordinate Certificates, sequentially, any unpaid interest, including any accrued unpaid interest from prior Distribution Dates;

(v)

to the Senior Certificates and the Subordinate Certificates, any principal in accordance with the principal payment provisions described above under “Principal Paydown” in an amount necessary to maintain the applicable Overcollateralization Target Amount;

(vi)

to the Subordinate Certificates, sequentially, any remaining Allocated Realized Loss Amounts;

(vii)

an amount equal to any unpaid remaining Net WAC Rate Carryover Amounts with respect to the Senior and Subordinate Certificates to such Certificates first, pro rata, to the Senior Certificates based on the remaining Net WAC Carryover Amount and second, to the Subordinate Certificates, sequentially.

Mortgage Loans

As of the Cut-off Date

				Minimum			Maximum
Scheduled Principal Balance	$	987,084,221		$	4,921		$	1,000,000
Average Scheduled Principal Balance	$	221,369
Number of Mortgage Loans		4,459

Weighted Average Gross Coupon		8.117	%		5.500	%		13.750	%
Weighted Average FICO Score		625			500			817
Weighted Average Combined Original LTV		81.20	%		14.17	%		100.00	%

Weighted Average Original Term		359 months			60 months			360 months
Weighted Average Stated Remaining Term		356 months			57 months			360 months
Weighted Average Seasoning		3 months			0 months			11 months

Weighted Average Gross Margin		5.763	%		3.000	%		6.990	%
Weighted Average Minimum Interest Rate		8.018	%		4.774	%		13.750	%
Weighted Average Maximum Interest Rate		14.021	%		11.500	%		19.750	%
Weighted Average Initial Rate Cap		2.001	%		2.000	%		3.000	%
Weighted Average Subsequent Rate Cap		1.500	%		1.500	%		1.500	%
Weighted Average Months to Roll		21 months			13 months			57 months

Maturity Date					Jan 1 2011			Jan 1 2036
Maximum Zip Code Concentration		0.41	%		11236

ARM		90.07	%		Easy Documentation			1.31	%
Fixed Rate		9.93	%		Full Documentation			54.35	%
					Stated Documentation			44.33	%
2/28 6 MO LIBOR		43.62	%
2/28 6 MO LIBOR 40/30 Balloon		29.47	%		Cash Out Refinance			47.33	%
2/28 6 MO LIBOR IO		14.06	%		Home Improvement			2.55	%
3/27 6 MO LIBOR		0.84	%		Purchase			49.74	%
3/27 6 MO LIBOR 40/30 Balloon		0.87	%		Rate/Term Refinance			0.38	%
3/27 6 MO LIBOR IO		0.52	%
5/25 6 MO LIBOR		0.56	%		2 Units			11.84	%
5/25 6 MO LIBOR 40/30 Balloon		0.11	%		3 Units			1.25	%
Fixed Rate		9.23	%		4 Units			0.85	%
Fixed Rate 40/30 Balloon		0.70	%		Condominium			6.50	%
Manufactured Housing								0.01	%
Interest Only		14.58	%		Single Family			79.56	%
Not Interest Only		85.42	%
Non-owner								6.11	%
Prepay Penalty: N/A		44.39	%		Primary			93.20	%
Prepay Penalty: 12 months		6.71	%		Second Home			0.69	%
Prepay Penalty: 24 months		41.52	%
Prepay Penalty: 30 months		0.02	%		Top 5 States:
Prepay Penalty: 36 months		7.36	%		California			24.12	%
New York								12.77	%
First Lien		95.68	%		Florida			12.29	%
Second Lien		4.32	%		Maryland			7.99	%
					New Jersey			7.37	%

Current Principal Balance	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
0.01 - 50,000.00		434		12,148,187.42		1.23	%		10.743		316		96.38		632
50,000.01 - 100,000.00		580		44,659,414.24		4.52	%		9.562		356		87.25		622
100,000.01 - 150,000.00		740		92,072,790.42		9.33	%		8.696		356		82.44		614
150,000.01 - 200,000.00		697		121,606,472.66		12.32	%		8.189		357		80.05		613
200,000.01 - 250,000.00		510		114,937,201.82		11.64	%		8.130		356		79.47		616
250,000.01 - 300,000.00		321		88,243,870.97		8.94	%		8.117		357		80.09		617
300,000.01 - 350,000.00		332		107,144,183.88		10.85	%		7.921		357		80.63		621
350,000.01 - 400,000.00		256		95,747,525.36		9.70	%		7.808		357		81.33		638
400,000.01 - 450,000.00		180		76,809,249.44		7.78	%		7.751		357		80.79		634
450,000.01 - 500,000.00		124		59,033,271.56		5.98	%		7.801		357		81.25		639
500,000.01 - 550,000.00		82		42,877,638.25		4.34	%		7.764		357		82.02		642
550,000.01 - 600,000.00		76		43,592,383.44		4.42	%		7.858		357		80.95		639
600,000.01 - 650,000.00		36		22,398,020.07		2.27	%		7.849		357		80.36		627
650,000.01 - 700,000.00		39		26,281,560.31		2.66	%		7.687		352		82.41		640
700,000.01 - 750,000.00		44		32,420,096.52		3.28	%		7.800		356		78.24		623
750,000.01 - 800,000.00		2		1,600,000.00		0.16	%		7.375		357		83.20		695
800,000.01 - 850,000.00		1		827,698.38		0.08	%		6.250		354		90.00		641
850,000.01 - 900,000.00		2		1,725,913.80		0.17	%		6.121		355		85.03		689
950,000.01 - 1,000,000.00		3		2,958,741.99		0.30	%		7.123		355		77.72		605
Total		4,459		987,084,220.53		100.00	%		8.117		356		81.20		625

Current Gross Rate		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
5.500 - 5.999		28		10,121,461.67		1.03	%		5.870		356		79.23		678
6.000 - 6.499		81		28,468,663.33		2.88	%		6.284		351		79.33		656
6.500 - 6.999		336		104,378,043.18		10.57	%		6.812		356		79.85		650
7.000 - 7.499		458		137,934,949.19		13.97	%		7.261		357		79.98		645
7.500 - 7.999		817		224,706,532.12		22.76	%		7.769		357		80.58		634
8.000 - 8.499		663		165,947,463.70		16.81	%		8.237		357		81.82		625
8.500 - 8.999		697		160,665,374.06		16.28	%		8.722		357		82.29		605
9.000 - 9.499		323		54,481,591.45		5.52	%		9.216		357		82.20		591
9.500 - 9.999		311		43,085,353.84		4.36	%		9.733		356		80.21		576
10.000 -10.499		162		18,226,436.87		1.85	%		10.253		356		84.66		607
10.500 -10.999		211		17,860,877.06		1.81	%		10.727		353		87.87		599
11.000 -11.499		105		8,542,625.87		0.87	%		11.231		354		83.95		587
11.500 -11.999		131		9,012,551.45		0.91	%		11.719		348		84.78		588
12.000 -12.499		61		2,583,501.36		0.26	%		12.217		299		75.77		571
12.500 -12.999		60		714,399.51		0.07	%		12.618		182		94.79		612
13.000 -13.499		10		202,666.70		0.02	%		13.167		240		86.84		566
13.500 -13.999		5		151,729.17		0.02	%		13.698		306		82.79		585
Total		4,459		987,084,220.53		100.00	%		8.117		356		81.20		625


FICO	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
500-524		221		50,665,746.80		5.13	%		9.484		357		72.33		512
525-549		256		56,974,009.56		5.77	%		8.979		357		75.07		537
550-574		461		87,672,013.19		8.88	%		8.582		355		80.22		562
575-599		631		133,975,490.02		13.57	%		8.103		356		81.07		587
600-624		766		155,073,581.77		15.71	%		7.977		356		82.58		612
625-649		780		176,473,479.43		17.88	%		7.974		356		82.74		637
650-674		577		135,564,097.41		13.73	%		7.792		355		82.72		661
675-699		373		86,723,097.12		8.79	%		7.819		356		82.62		686
700+		394		103,962,705.23		10.53	%		7.723		356		82.07		732
Total		4,459		987,084,220.53		100.00	%		8.117		356		81.20		625

Combined Original LTV		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
0.01- 49.99		66		10,888,520.18		1.10	%		8.735		357		40.38		582
50.00- 54.99		40		9,601,492.69		0.97	%		8.433		356		52.64		587
55.00- 59.99		44		9,265,756.47		0.94	%		8.579		357		57.72		585
60.00- 64.99		84		20,139,786.72		2.04	%		8.535		355		62.97		573
65.00- 69.99		109		27,210,549.37		2.76	%		8.640		357		66.91		574
70.00- 74.99		162		41,807,830.36		4.24	%		8.441		357		71.60		586
75.00- 79.99		255		71,554,336.74		7.25	%		8.174		356		77.04		591
80.00		1,781		471,458,747.10		47.76	%		7.773		356		80.00		643
80.01- 84.99		83		22,919,678.45		2.32	%		7.768		357		83.43		605
85.00- 89.99		302		72,205,666.01		7.32	%		7.924		356		85.98		609
90.00- 94.99		738		171,352,373.92		17.36	%		8.222		356		90.12		620
95.00- 99.99		185		14,392,420.06		1.46	%		9.133		337		95.33		645
100.00		610		44,287,062.46		4.49	%		10.306		352		100.00		658
Total		4,459		987,084,220.53		100.00	%		8.117		356		81.20		625

Original Term (months)		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
60		10		88,384.03		0.01	%		12.438		57		93.92		641
120		102		994,838.71		0.10	%		12.217		117		95.05		605
180		69		2,706,963.99		0.27	%		9.317		176		87.78		632
240		5		324,409.98		0.03	%		8.434		236		86.90		656
360		4,273		982,969,623.82		99.58	%		8.109		357		81.17		625
Total		4,459		987,084,220.53		100.00	%		8.117		356		81.20		625


Stated Remaining Term (months)	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
1- 60		10		88,384.03		0.01	%		12.438		57		93.92		641
61-120		102		994,838.71		0.10	%		12.217		117		95.05		605
121-180		69		2,706,963.99		0.27	%		9.317		176		87.78		632
181-240		5		324,409.98		0.03	%		8.434		236		86.90		656
301-360		4,273		982,969,623.82		99.58	%		8.109		357		81.17		625
Total		4,459		987,084,220.53		100.00	%		8.117		356		81.20		625

Debt Ratio		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
0.01 -20.00		81		17,472,634.06		1.77	%		8.236		356		83.18		623
20.01 -25.00		114		20,811,454.07		2.11	%		8.102		355		78.90		626
25.01 -30.00		201		39,003,603.57		3.95	%		8.059		356		79.25		621
30.01 -35.00		355		70,751,468.29		7.17	%		8.151		356		80.51		623
35.01 -40.00		645		146,359,265.60		14.83	%		8.074		356		80.49		629
40.01 -45.00		914		203,103,200.51		20.58	%		8.059		356		81.08		629
45.01 -50.00		1,573		341,147,872.65		34.56	%		8.111		356		81.88		633
50.01 -55.00		568		146,146,877.51		14.81	%		8.258		357		81.45		598
55.01 -60.00		6		897,952.44		0.09	%		7.594		298		84.93		570
60.01+		2		1,389,891.83		0.14	%		6.200		267		80.00		660
Total		4,459		987,084,220.53		100.00	%		8.117		356		81.20		625

FRM/ARM		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
ARM		3,460		889,051,299.12		90.07	%		8.019		357		80.62		623
Fixed Rate		999		98,032,921.41		9.93	%		8.999		349		86.51		641
Total		4,459		987,084,220.53		100.00	%		8.117		356		81.20		625


Product	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
2/28 6 MO LIBOR		1,967		430,595,345.43		43.62	%		8.318		357		80.38		614
2/28 6 MO LIBOR 40/30 Balloon		935		290,942,878.79		29.47	%		7.982		357		80.96		624
2/28 6 MO LIBOR IO		446		138,817,086.05		14.06	%		7.210		356		80.86		650
3/27 6 MO LIBOR		42		8,317,008.92		0.84	%		8.177		357		80.31		613
3/27 6 MO LIBOR 40/30 Balloon		29		8,631,318.38		0.87	%		7.736		357		80.62		617
3/27 6 MO LIBOR IO		17		5,092,249.83		0.52	%		7.413		356		80.37		646
5/25 6 MO LIBOR		20		5,568,690.49		0.56	%		8.018		357		75.65		637
5/25 6 MO LIBOR 40/30 Balloon		4		1,086,721.23		0.11	%		6.973		357		82.32		624
Fixed Rate		972		91,133,507.22		9.23	%		9.075		348		86.99		642
Fixed Rate 40/30 Balloon		27		6,899,414.19		0.70	%		7.993		357		80.22		634
Total		4,459		987,084,220.53		100.00	%		8.117		356		81.20		625

Interest Only		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Interest Only		463		143,909,335.88		14.58	%		7.217		356		80.85		650
Not Interest Only		3,996		843,174,884.65		85.42	%		8.270		356		81.26		621
Total		4,459		987,084,220.53		100.00	%		8.117		356		81.20		625

Interest Only Term		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
N/A		3,996		843,174,884.65		85.42	%		8.270		356		81.26		621
60		463		143,909,335.88		14.58	%		7.217		356		80.85		650
Total		4,459		987,084,220.53		100.00	%		8.117		356		81.20		625

Prepayment Penalty Original Term (months)		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Prepay Penalty: N/A		2,008		438,198,027.56		44.39	%		8.248		356		80.97		623
Prepay Penalty: 12 months		225		66,245,645.01		6.71	%		8.199		356		80.28		638
Prepay Penalty: 24 months		1,892		409,834,440.68		41.52	%		8.036		356		81.71		626
Prepay Penalty: 30 months		1		152,303.77		0.02	%		7.600		357		80.00		630
Prepay Penalty: 36 months		333		72,653,803.51		7.36	%		7.704		354		80.58		619
Total		4,459		987,084,220.53		100.00	%		8.117		356		81.20		625


Lien	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
First Lien		3,696		944,482,904.39		95.68	%		8.004		356		80.39		624
Second Lien		763		42,601,316.14		4.32	%		10.618		344		99.31		654
Total		4,459		987,084,220.53		100.00	%		8.117		356		81.20		625

Documentation Type		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Easy Documentation		50		12,949,605.07		1.31	%		8.204		355		85.64		608
Full Documentation		2,681		536,525,232.52		54.35	%		7.838		355		82.53		616
Stated Documentation		1,728		437,609,382.94		44.33	%		8.455		356		79.45		636
Total		4,459		987,084,220.53		100.00	%		8.117		356		81.20		625

Loan Purpose		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Cash Out Refinance		1,916		467,191,674.35		47.33	%		8.175		356		79.13		600
Home Improvement		96		25,140,836.78		2.55	%		7.993		357		78.37		603
Purchase		2,426		490,997,887.77		49.74	%		8.064		356		83.32		650
Rate/Term Refinance		21		3,753,821.63		0.38	%		8.550		354		81.62		620
Total		4,459		987,084,220.53		100.00	%		8.117		356		81.20		625

Property Type		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
2 Units		432		116,859,426.87		11.84	%		7.983		356		81.58		649
3 Units		44		12,291,538.53		1.25	%		8.248		355		76.53		619
4 Units		26		8,399,705.63		0.85	%		8.345		356		77.12		631
Condominium		335		64,137,834.96		6.50	%		8.296		356		82.05		635
Manufactured Housing		1		83,620.86		0.01	%		8.990		352		80.00		572
Single Family		3,621		785,312,093.68		79.56	%		8.117		356		81.19		621
Total		4,459		987,084,220.53		100.00	%		8.117		356		81.20		625


Occupancy Status	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Non-owner		363		60,301,336.51		6.11	%		8.593		355		82.13		642
Primary		4,069		920,005,068.37		93.20	%		8.085		356		81.13		624
Second Home		27		6,777,815.65		0.69	%		8.172		356		82.93		628
Total		4,459		987,084,220.53		100.00	%		8.117		356		81.20		625

State	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Arizona		69		14,543,902.73		1.47	%		7.981		356		81.79		621
Arkansas		6		502,755.22		0.05	%		8.668		348		85.48		605
California		725		238,108,423.21		24.12	%		7.903		356		80.58		633
Colorado		51		8,541,332.37		0.87	%		7.897		355		83.49		623
Connecticut		99		19,168,205.67		1.94	%		8.244		356		82.67		617
Delaware		17		2,598,439.73		0.26	%		8.105		356		83.99		603
District of Columbia		26		6,733,935.14		0.68	%		8.475		356		78.50		597
Florida		663		121,310,709.64		12.29	%		8.230		356		82.08		624
Georgia		235		30,672,286.38		3.11	%		8.328		353		84.56		619
Hawaii		55		19,209,066.88		1.95	%		7.596		356		80.13		656
Idaho		12		1,151,343.39		0.12	%		7.990		350		78.15		607
Illinois		313		52,549,008.72		5.32	%		8.296		356		82.87		630
Indiana		40		4,502,679.61		0.46	%		8.531		354		84.90		612
Iowa		3		308,456.04		0.03	%		8.781		357		77.62		606
Kansas		6		791,022.77		0.08	%		8.022		357		86.88		618
Kentucky		3		260,854.22		0.03	%		8.036		323		80.36		647
Maine		12		1,341,724.02		0.14	%		8.641		357		82.69		602
Maryland		362		78,835,994.47		7.99	%		8.199		356		79.80		606
Massachusetts		172		41,023,191.35		4.16	%		8.128		356		80.45		623
Michigan		101		12,597,258.40		1.28	%		8.646		355		84.11		611
Minnesota		67		11,692,415.00		1.18	%		8.140		354		85.63		623
Missouri		31		5,340,000.10		0.54	%		8.382		354		84.23		606
Montana		1		112,532.06		0.01	%		8.650		356		80.00		518
Nebraska		6		792,342.94		0.08	%		8.368		357		83.30		600
Nevada		53		13,028,841.64		1.32	%		8.038		356		81.78		628
New Hampshire		15		2,169,109.75		0.22	%		7.948		357		81.06		644
New Jersey		289		72,778,046.13		7.37	%		8.336		356		79.79		616
New Mexico		14		1,593,259.38		0.16	%		8.137		355		83.71		638
New York		406		126,087,779.53		12.77	%		8.012		357		80.00		637
North Carolina		69		9,046,516.43		0.92	%		8.467		356		83.55		604
Ohio		50		5,768,470.18		0.58	%		8.168		355		85.49		601
Oklahoma		6		397,744.03		0.04	%		9.026		350		85.51		609
Oregon		18		3,039,067.28		0.31	%		8.355		356		83.23		619
Pennsylvania		67		8,516,737.27		0.86	%		8.446		357		79.08		591
Rhode Island		24		4,985,629.03		0.51	%		8.311		355		82.11		605
South Carolina		20		2,077,513.27		0.21	%		8.933		355		78.45		599
Tennessee		40		3,452,933.24		0.35	%		8.613		352		85.39		612
Texas		64		9,318,803.63		0.94	%		8.162		356		82.04		628
Utah		14		1,883,054.98		0.19	%		7.784		354		80.78		683
Vermont		1		149,368.59		0.02	%		6.875		352		80.00		641
Virginia		137		32,026,586.30		3.24	%		8.098		356		82.24		624
Washington		43		11,120,741.86		1.13	%		7.870		356		80.37		606
West Virginia		5		663,777.35		0.07	%		7.528		357		81.63		603
Wisconsin		49		6,292,360.60		0.64	%		8.535		355		82.15		610
Total		4,459		987,084,220.53		100.00	%		8.117		356		81.20		625

Gross Margin	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
3.000 - 3.499		2		1,111,418.30		0.13	%		6.426		357		86.89		636
3.500 - 3.999		28		9,655,259.23		1.09	%		5.994		357		77.45		672
4.000 - 4.499		124		41,364,828.63		4.65	%		6.492		356		79.69		657
4.500 - 4.999		343		98,350,543.43		11.06	%		6.968		357		80.75		648
5.000 - 5.499		615		185,112,181.49		20.82	%		7.424		357		80.34		644
5.500 - 5.999		768		205,778,792.16		23.15	%		7.943		357		81.46		630
6.000 - 6.499		700		171,172,832.27		19.25	%		8.480		357		81.84		613
6.500 - 6.999		880		176,505,443.61		19.85	%		9.350		357		79.02		579
Total		3,460		889,051,299.12		100.00	%		8.019		357		80.62		623

Minimum Interest Rate	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
4.500 - 4.999		1		471,600.00		0.05	%		6.550		355		80.00		671
5.500 - 5.999		26		8,865,255.18		1.00	%		5.853		355		79.12		671
6.000 - 6.499		74		25,788,070.74		2.90	%		6.331		356		80.24		656
6.500 - 6.999		298		93,285,664.54		10.49	%		6.814		356		80.26		648
7.000 - 7.499		429		129,697,793.57		14.59	%		7.259		357		80.31		645
7.500 - 7.999		767		211,496,117.30		23.79	%		7.770		357		80.86		634
8.000 - 8.499		627		158,638,022.70		17.84	%		8.237		357		81.98		626
8.500 - 8.999		655		153,920,820.87		17.31	%		8.723		357		82.19		604
9.000 - 9.499		255		49,163,311.69		5.53	%		9.209		357		81.31		585
9.500 - 9.999		188		32,969,087.19		3.71	%		9.728		357		76.07		552
10.000 -10.499		59		10,191,879.37		1.15	%		10.224		357		73.30		544
10.500 -10.999		32		6,107,770.64		0.69	%		10.730		357		71.02		530
11.000 -11.499		22		3,874,152.80		0.44	%		11.232		357		64.70		540
11.500 -11.999		19		3,074,398.74		0.35	%		11.770		357		58.62		542
12.000 -12.499		6		1,388,641.20		0.16	%		12.205		357		57.12		536
13.000 -13.499		1		58,759.67		0.01	%		13.050		357		70.00		509
13.500 -13.999		1		59,952.92		0.01	%		13.750		356		61.22		516
Total		3,460		889,051,299.12		100.00	%		8.019		357		80.62		623

Maximum Interest Rate	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
11.500 -11.999		26		8,865,255.18		1.00	%		5.853		355		79.12		671
12.000 -12.499		73		25,262,090.12		2.84	%		6.285		356		79.99		657
12.500 -12.999		298		93,085,264.54		10.47	%		6.812		356		80.26		648
13.000 -13.499		430		130,369,793.57		14.66	%		7.257		357		80.31		644
13.500 -13.999		767		211,496,117.30		23.79	%		7.770		357		80.86		634
14.000 -14.499		625		158,278,572.00		17.80	%		8.237		357		81.97		626
14.500 -14.999		656		154,342,507.08		17.36	%		8.723		357		82.23		604
15.000 -15.499		256		49,371,844.85		5.55	%		9.203		357		81.32		584
15.500 -15.999		189		33,224,299.14		3.74	%		9.720		357		76.10		552
16.000 -16.499		59		10,191,879.37		1.15	%		10.224		357		73.30		544
16.500 -16.999		32		6,107,770.64		0.69	%		10.730		357		71.02		530
17.000 -17.499		22		3,874,152.80		0.44	%		11.232		357		64.70		540
17.500 -17.999		19		3,074,398.74		0.35	%		11.770		357		58.62		542
18.000 -18.499		6		1,388,641.20		0.16	%		12.205		357		57.12		536
19.000 -19.499		1		58,759.67		0.01	%		13.050		357		70.00		509
19.500 -19.999		1		59,952.92		0.01	%		13.750		356		61.22		516
Total		3,460		889,051,299.12		100.00	%		8.019		357		80.62		623

Initial Periodic Rate Cap	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
2.000		3,458		888,587,554.01		99.95	%		8.019		357		80.62		623
3.000		2		463,745.11		0.05	%		8.385		352		82.25		515
Total		3,460		889,051,299.12		100.00	%		8.019		357		80.62		623

Subsequent Periodic Rate Cap

# of Loans

Current Principal Balance

Pct by Curr Prin Bal

Weighted Average Gross Coupon

Weighted Average Stated Remaining Term

Weighted Average Combined Orig LTV

Weighted Average FICO

1.500

3,460

889,051,299.12

100.00

8.019

357

80.62

623

Total

3,460

889,051,299.12

100.00

8.019

357

80.62

623

Next Rate Change Date		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
05/01/07			1		255,211.95		0.03	%		8.700		349		80.00		506
06/01/07			1		125,347.27		0.01	%		10.000		350		70.00		524
07/01/07			1		313,729.46		0.04	%		9.400		351		80.00		505
08/01/07			7		1,692,299.24		0.19	%		6.780		352		78.32		630
09/01/07			15		6,904,573.39		0.78	%		6.900		353		82.76		613
10/01/07			107		29,573,626.57		3.33	%		7.130		354		79.93		631
11/01/07	��		104		31,944,711.38		3.59	%		7.446		355		80.78		619
12/01/07			379		101,111,608.35		11.37	%		7.819		356		80.59		630
01/01/08			2,732		687,962,088.44		77.38	%		8.134		357		80.67		622
07/01/08			1		49,831.28		0.01	%		8.200		351		90.00		675
08/01/08			1		303,299.99		0.03	%		7.900		352		90.00		608
09/01/08			1		367,709.28		0.04	%		6.700		353		79.57		506
10/01/08			1		546,400.00		0.06	%		6.990		354		80.00		592
11/01/08			1		251,760.97		0.03	%		9.450		355		75.00		521
12/01/08			12		2,068,940.81		0.23	%		8.101		356		72.83		619
01/01/09			72		18,924,749.02		2.13	%		7.829		357		81.44		626
10/01/10			1		421,879.89		0.05	%		6.990		354		80.00		646
12/01/10			2		511,716.76		0.06	%		6.410		356		69.28		645
01/01/11			21		5,721,815.07		0.64	%		8.039		357		77.17		633
Total			3,460		889,051,299.12		100.00	%		8.019		357		80.62		623

Silent 2nd	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Has 2nd lien		1,705		424,296,024.15		42.98	%		7.757		357		81.51		649
No Silent 2nd		2,754		562,788,196.38		57.02	%		8.388		355		80.97		607
Total		4,459		987,084,220.53		100.00	%		8.117		356		81.20		625

Group I Mortgage Loans

As of the Cut-off Date

				Minimum			Maximum
Scheduled Principal Balance	$	372,307,094		$	4,921		$	748,627
Average Scheduled Principal Balance	$	186,247
Number of Mortgage Loans		1,999

Weighted Average Gross Coupon		8.227	%		5.500	%		12.990	%
Weighted Average FICO Score		604			500			817
Weighted Average Combined Original LTV		79.44	%		14.17	%		100.00	%

Weighted Average Original Term		359 months			60 months			360 months
Weighted Average Stated Remaining Term		356 months			57 months			357 months
Weighted Average Seasoning		3 months			3 months			11 months

Weighted Average Gross Margin		5.887	%		3.593	%		6.990	%
Weighted Average Minimum Interest Rate		8.198	%		5.500	%		12.400	%
Weighted Average Maximum Interest Rate		14.200	%		11.500	%		18.400	%
Weighted Average Initial Rate Cap		2.001	%		2.000	%		3.000	%
Weighted Average Subsequent Rate Cap		1.500	%		1.500	%		1.500	%
Weighted Average Months to Roll		21 months			13 months			57 months

Maturity Date					Jan 1 2011			Jan 1 2036
Maximum Zip Code Concentration		0.58	%		20744

ARM		87.71	%		Easy Documentation			1.51	%
Fixed Rate		12.29	%		Full Documentation			59.39	%
					StatedDocumentation			39.10	%
2/28 6 MO LIBOR		49.85	%
2/28 6 MO LIBOR 40/30 Balloon		28.64	%		Cash Out Refinance			76.65	%
2/28 6 MO LIBOR IO		5.79	%		Home Improvement			4.35	%
3/27 6 MO LIBOR		1.09	%		Purchase			18.24	%
3/27 6 MO LIBOR 40/30 Balloon		1.16	%		Rate/Term Refinance			0.75	%
3/27 6 MO LIBOR IO		0.35	%
5/25 6 MO LIBOR		0.54	%		2 Units			10.49	%
5/25 6 MO LIBOR 40/30 Balloon		0.29	%		3 Units			2.08	%
Fixed Rate		11.39	%		4 Units			1.70	%
Fixed Rate 40/30 Balloon		0.90	%		Condominium			6.49	%
					Single Family			79.24	%
Interest Only		6.14	%
Not Interest Only		93.86	%		Non-owner			5.64	%
					Primary			93.98	%
Prepay Penalty: N/A		51.61	%		Second Home			0.37	%
Prepay Penalty: 12 months		4.09	%
Prepay Penalty: 24 months		35.26	%		Top 5 States:
Prepay Penalty: 30 months		0.04	%		California			14.97	%
Prepay Penalty: 36 months		9.00	%		New York			10.64	%
					Maryland			10.22	%
First Lien		97.35	%		New Jersey			9.68	%
Second Lien		2.65	%		Florida			9.16	%

Current Principal Balance	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
0.01 - 50,000.00		234		6,507,426.93		1.75	%		10.672		320		96.12		628
50,000.01 - 100,000.00		176		13,466,454.25		3.62	%		9.247		356		82.56		606
100,000.01 - 150,000.00		387		48,485,091.31		13.02	%		8.400		356		79.76		605
150,000.01 - 200,000.00		416		72,640,543.28		19.51	%		8.156		356		78.56		603
200,000.01 - 250,000.00		291		65,641,539.67		17.63	%		8.198		356		78.22		604
250,000.01 - 300,000.00		169		46,327,234.58		12.44	%		8.344		357		78.32		592
300,000.01 - 350,000.00		157		50,639,946.17		13.60	%		8.026		357		79.18		599
350,000.01 - 400,000.00		108		40,570,424.99		10.90	%		7.852		357		80.56		610
400,000.01 - 450,000.00		39		16,189,817.71		4.35	%		8.000		357		81.61		610
450,000.01 - 500,000.00		12		5,787,522.17		1.55	%		7.646		357		77.98		625
500,000.01 - 550,000.00		3		1,597,407.29		0.43	%		7.764		356		74.66		677
550,000.01 - 600,000.00		4		2,300,763.81		0.62	%		7.219		357		76.94		611
650,000.01 - 700,000.00		1		658,852.48		0.18	%		8.750		357		80.00		579
700,000.01 - 750,000.00		2		1,494,069.17		0.40	%		7.477		357		70.01		632
Total		1,999		372,307,093.81		100.00	%		8.227		356		79.44		604

Current Gross Rate		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
5.500 - 5.999		14		3,765,883.31		1.01	%		5.899		355		79.95		673
6.000 - 6.499		40		10,025,522.32		2.69	%		6.323		356		76.46		657
6.500 - 6.999		143		33,972,428.81		9.12	%		6.819		355		78.64		653
7.000 - 7.499		193		43,333,540.24		11.64	%		7.247		357		79.17		633
7.500 - 7.999		352		78,563,575.12		21.10	%		7.771		356		79.50		612
8.000 - 8.499		307		63,914,057.05		17.17	%		8.235		357		81.29		600
8.500 - 8.999		344		67,711,563.84		18.19	%		8.727		356		81.19		585
9.000 - 9.499		168		27,594,042.52		7.41	%		9.221		356		79.32		567
9.500 - 9.999		135		20,626,337.58		5.54	%		9.717		356		74.80		553
10.000 -10.499		59		7,589,516.08		2.04	%		10.262		356		75.46		558
10.500 -10.999		79		5,792,153.10		1.56	%		10.725		351		78.62		572
11.000 -11.499		49		4,062,735.63		1.09	%		11.209		353		74.75		558
11.500 -11.999		58		3,968,635.43		1.07	%		11.730		349		77.25		575
12.000 -12.499		32		1,139,533.64		0.31	%		12.230		295		65.65		560
12.500 -12.999		26		247,569.14		0.07	%		12.594		123		94.04		582
Total		1,999		372,307,093.81		100.00	%		8.227		356		79.44		604

FICO	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
500-524		151		32,481,824.73		8.72	%		9.446		357		71.32		512
525-549		182		39,106,421.83		10.50	%		9.004		357		73.82		537
550-574		285		49,370,860.68		13.26	%		8.523		355		79.83		562
575-599		328		62,484,881.75		16.78	%		8.204		356		79.93		587
600-624		316		53,395,638.85		14.34	%		8.008		355		80.97		611
625-649		305		52,628,323.20		14.14	%		7.872		355		82.08		637
650-674		221		41,721,490.31		11.21	%		7.697		356		82.92		661
675-699		109		21,706,021.06		5.83	%		7.509		356		80.80		685
700+		102		19,411,631.40		5.21	%		7.457		356		81.53		730
Total		1,999		372,307,093.81		100.00	%		8.227		356		79.44		604

Combined Original LTV		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
0.01- 49.99		50		8,258,703.25		2.22	%		8.640		357		39.15		579
50.00- 54.99		36		8,609,299.01		2.31	%		8.489		357		52.53		583
55.00- 59.99		36		7,158,029.09		1.92	%		8.513		357		57.81		586
60.00- 64.99		57		13,219,948.04		3.55	%		8.622		354		62.75		571
65.00- 69.99		76		17,517,423.70		4.71	%		8.688		357		66.80		572
70.00- 74.99		98		21,530,319.15		5.78	%		8.715		357		71.65		575
75.00- 79.99		164		37,654,548.93		10.11	%		8.283		356		76.82		582
80.00		606		121,828,873.95		32.72	%		7.889		356		80.00		617
80.01- 84.99		48		10,549,291.19		2.83	%		7.842		357		83.45		600
85.00- 89.99		188		41,628,103.35		11.18	%		7.964		356		85.90		610
90.00- 94.99		331		66,201,962.48		17.78	%		8.179		356		90.15		609
95.00- 99.99		90		6,662,340.99		1.79	%		8.724		336		95.10		654
100.00		219		11,488,250.68		3.09	%		10.193		348		100.00		644
Total		1,999		372,307,093.81		100.00	%		8.227		356		79.44		604

Original Term (months)		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
60		1		9,152.05		0.00	%		12.500		57		90.00		572
120		54		530,327.85		0.14	%		11.975		117		95.41		593
180		35		1,183,123.53		0.32	%		9.516		176		87.05		619
240		4		292,502.89		0.08	%		8.002		236		86.02		664
360		1,905		370,291,987.49		99.46	%		8.218		357		79.39		604
Total		1,999		372,307,093.81		100.00	%		8.227		356		79.44		604

Stated Remaining Term (months)	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
1- 60		1		9,152.05		0.00	%		12.500		57		90.00		572
61-120		54		530,327.85		0.14	%		11.975		117		95.41		593
121-180		35		1,183,123.53		0.32	%		9.516		176		87.05		619
181-240		4		292,502.89		0.08	%		8.002		236		86.02		664
301-360		1,905		370,291,987.49		99.46	%		8.218		357		79.39		604
Total		1,999		372,307,093.81		100.00	%		8.227		356		79.44		604

Debt Ratio		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
20.01 -25.00		43		7,016,295.36		1.88	%		8.593		356		74.84		593
25.01 -30.00		83		14,309,466.77		3.84	%		8.176		356		77.19		610
30.01 -35.00		164		26,640,568.23		7.16	%		8.267		356		77.88		600
35.01 -40.00		282		49,500,293.80		13.30	%		8.245		356		79.13		607
40.01 -45.00		407		77,482,145.31		20.81	%		8.141		356		78.56		612
45.01 -50.00		661		117,929,201.88		31.68	%		8.195		355		80.98		610
50.01 -55.00		354		78,630,814.80		21.12	%		8.320		356		79.50		585
55.01 -60.00		5		798,307.66		0.21	%		7.456		291		85.55		578
Total		1,999		372,307,093.81		100.00	%		8.227		356		79.44		604

FRM/ARM		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
ARM		1,548		326,561,747.47		87.71	%		8.198		357		79.34		601
Fixed Rate		451		45,745,346.34		12.29	%		8.433		348		80.17		626
Total		1,999		372,307,093.81		100.00	%		8.227		356		79.44		604

Product	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
2/28 6 MO LIBOR		952		185,608,622.83		49.85	%		8.426		357		78.71		590
2/28 6 MO LIBOR 40/30 Balloon		447		106,625,127.97		28.64	%		8.094		357		80.50		604
2/28 6 MO LIBOR IO		95		21,541,166.40		5.79	%		6.966		356		80.19		676
3/27 6 MO LIBOR		20		4,054,973.40		1.09	%		8.091		357		78.30		583
3/27 6 MO LIBOR 40/30 Balloon		17		4,320,968.81		1.16	%		7.745		357		78.36		595
3/27 6 MO LIBOR IO		5		1,307,439.75		0.35	%		7.356		357		80.61		691
5/25 6 MO LIBOR		8		2,016,727.08		0.54	%		8.282		357		68.71		615
5/25 6 MO LIBOR 40/30 Balloon		4		1,086,721.23		0.29	%		6.973		357		82.32		624
Fixed Rate		433		42,396,840.62		11.39	%		8.442		348		80.22		626
Fixed Rate 40/30 Balloon		18		3,348,505.72		0.90	%		8.320		357		79.46		626
Total		1,999		372,307,093.81		100.00	%		8.227		356		79.44		604

Interest Only		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Interest Only		100		22,848,606.15		6.14	%		6.989		356		80.22		677
Not Interest Only		1,899		349,458,487.66		93.86	%		8.308		356		79.39		599
Total		1,999		372,307,093.81		100.00	%		8.227		356		79.44		604

Interest Only Term		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
N/A		1,899		349,458,487.66		93.86	%		8.308		356		79.39		599
60		100		22,848,606.15		6.14	%		6.989		356		80.22		677
Total		1,999		372,307,093.81		100.00	%		8.227		356		79.44		604

Prepayment Penalty Original Term (months)		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Prepay Penalty: N/A		1,070		192,136,802.57		51.61	%		8.353		355		79.22		602
Prepay Penalty: 12 months		64		15,241,211.23		4.09	%		8.170		357		77.03		619
Prepay Penalty: 24 months		698		131,265,512.45		35.26	%		8.171		356		80.23		604
Prepay Penalty: 30 months		1		152,303.77		0.04	%		7.600		357		80.00		630
Prepay Penalty: 36 months		166		33,511,263.79		9.00	%		7.757		356		78.75		607
Total		1,999		372,307,093.81		100.00	%		8.227		356		79.44		604

Lien	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
First Lien		1,716		362,456,717.34		97.35	%		8.160		356		78.90		603
Second Lien		283		9,850,376.47		2.65	%		10.683		331		99.38		636
Total		1,999		372,307,093.81		100.00	%		8.227		356		79.44		604

Documentation Type		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Easy Documentation		24		5,622,707.43		1.51	%		8.073		356		83.08		603
Full Documentation		1,299		221,115,277.38		59.39	%		7.983		355		81.66		603
Stated Documentation		676		145,569,109.00		39.10	%		8.604		356		75.94		605
Total		1,999		372,307,093.81		100.00	%		8.227		356		79.44		604

Loan Purpose		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Cash Out Refinance		1,343		285,370,317.25		76.65	%		8.270		356		78.44		597
Home Improvement		73		16,210,840.15		4.35	%		7.917		357		76.79		609
Purchase		566		67,921,349.78		18.24	%		8.111		355		84.26		631
Rate/Term Refinance		17		2,804,586.63		0.75	%		8.485		353		80.04		626
Total		1,999		372,307,093.81		100.00	%		8.227		356		79.44		604

Property Type		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
2 Units		165		39,038,631.56		10.49	%		8.030		356		79.15		620
3 Units		26		7,756,665.88		2.08	%		8.150		356		73.97		611
4 Units		17		6,313,880.95		1.70	%		8.408		357		76.04		620
Condominium		148		24,168,654.94		6.49	%		8.340		356		80.29		612
Single Family		1,643		295,029,260.48		79.24	%		8.242		356		79.63		600
Total		1,999		372,307,093.81		100.00	%		8.227		356		79.44		604

Occupancy Status		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Non-owner		112		21,016,342.90		5.64	%		8.547		355		78.42		622
Primary		1,880		349,909,291.42		93.98	%		8.207		356		79.52		603
Second Home		7		1,381,459.49		0.37	%		8.473		357		76.54		592
Total		1,999		372,307,093.81		100.00	%		8.227		356		79.44		604


State	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Arizona		40		6,792,453.08		1.82	%		7.981		356		81.35		618
Arkansas		1		76,492.72		0.02	%		9.150		357		89.00		567
California		201		55,735,235.19		14.97	%		7.974		357		76.35		607
Colorado		26		3,801,381.39		1.02	%		8.201		357		85.47		629
Connecticut		62		9,686,087.80		2.60	%		8.264		356		83.68		618
Delaware		8		1,317,908.67		0.35	%		8.008		357		81.76		583
District of Columbia		18		4,408,046.85		1.18	%		8.340		356		79.18		590
Florida		198		34,097,324.64		9.16	%		8.315		356		79.95		592
Georgia		150		16,820,195.09		4.52	%		8.339		351		84.71		612
Hawaii		19		7,576,876.21		2.04	%		7.466		357		74.92		624
Idaho		4		487,621.80		0.13	%		7.872		348		79.82		596
Illinois		210		32,079,689.68		8.62	%		8.325		355		82.45		621
Indiana		20		1,875,136.69		0.50	%		8.735		354		87.58		595
Iowa		2		228,593.71		0.06	%		8.775		357		76.78		610
Kansas		5		727,111.21		0.20	%		7.862		357		87.48		619
Kentucky		1		106,122.62		0.03	%		6.850		357		85.00		601
Maine		5		765,185.24		0.21	%		8.559		357		82.88		593
Maryland		192		38,059,344.85		10.22	%		8.304		357		78.94		598
Massachusetts		92		18,542,176.54		4.98	%		8.237		355		78.93		599
Michigan		43		5,578,693.98		1.50	%		8.438		355		83.12		595
Minnesota		38		5,966,894.05		1.60	%		7.923		354		85.56		624
Missouri		8		1,123,825.67		0.30	%		8.492		349		84.51		631
Montana		1		112,532.06		0.03	%		8.650		356		80.00		518
Nebraska		4		608,759.40		0.16	%		8.238		357		84.00		603
Nevada		21		4,661,175.46		1.25	%		7.953		357		80.37		599
New Hampshire		9		1,470,688.95		0.40	%		8.046		357		80.78		635
New Jersey		160		36,027,746.91		9.68	%		8.381		356		77.15		597
New Mexico		10		1,254,827.24		0.34	%		7.882		356		81.86		638
New York		154		39,616,571.77		10.64	%		8.270		357		74.55		594
North Carolina		37		4,149,931.23		1.11	%		8.539		356		85.90		588
Ohio		23		2,815,391.67		0.76	%		7.971		354		87.52		611
Oklahoma		1		57,894.91		0.02	%		8.550		357		80.00		612
Oregon		13		1,628,356.42		0.44	%		8.646		355		86.02		585
Pennsylvania		24		3,731,699.63		1.00	%		8.161		357		77.09		588
Rhode Island		15		2,460,744.64		0.66	%		8.533		355		86.97		613
South Carolina		11		1,233,833.00		0.33	%		8.705		357		78.18		614
Tennessee		15		1,294,246.28		0.35	%		8.462		351		85.30		608
Texas		18		1,831,684.64		0.49	%		8.582		355		82.62		616
Utah		7		654,392.33		0.18	%		7.831		350		82.24		626
Virginia		65		12,150,509.98		3.26	%		8.432		356		80.37		599
Washington		29		5,691,587.53		1.53	%		7.962		356		82.77		595
West Virginia		4		504,977.35		0.14	%		7.647		357		82.14		605
Wisconsin		35		4,497,144.73		1.21	%		8.322		354		83.07		620
Total		1,999		372,307,093.81		100.00	%		8.227		356		79.44		604


Gross Margin	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
3.500 - 3.999		13		3,469,150.20		1.06	%		6.027		357		74.84		661
4.000 - 4.499		56		13,434,227.88		4.11	%		6.472		356		78.68		661
4.500 - 4.999		140		31,947,706.67		9.78	%		6.954		357		80.85		647
5.000 - 5.499		238		53,572,711.11		16.41	%		7.448		357		79.52		624
5.500 - 5.999		324		70,503,585.02		21.59	%		7.977		357		80.93		607
6.000 - 6.499		346		70,091,819.40		21.46	%		8.515		357		81.25		590
6.500 - 6.999		431		83,542,547.19		25.58	%		9.445		357		76.01		559
Total		1,548		326,561,747.47		100.00	%		8.198		357		79.34		601

Minimum Interest Rate		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
5.500 - 5.999		13		3,367,090.62		1.03	%		5.888		355		79.94		671
6.000 - 6.499		35		8,286,243.31		2.54	%		6.311		356		77.97		660
6.500 - 6.999		116		27,659,298.70		8.47	%		6.823		356		79.68		653
7.000 - 7.499		172		37,865,761.97		11.60	%		7.248		357		80.08		632
7.500 - 7.999		313		70,055,158.92		21.45	%		7.771		357		80.30		611
8.000 - 8.499		281		58,701,536.99		17.98	%		8.237		357		81.63		600
8.500 - 8.999		313		62,672,365.36		19.19	%		8.730		357		80.95		583
9.000 - 9.499		139		25,674,009.89		7.86	%		9.215		357		79.03		562
9.500 - 9.999		87		17,457,909.65		5.35	%		9.718		357		72.23		541
10.000 -10.499		33		6,225,104.01		1.91	%		10.263		357		71.04		537
10.500 -10.999		14		2,931,299.71		0.90	%		10.705		357		66.03		532
11.000 -11.499		16		2,850,453.93		0.87	%		11.201		357		64.13		537
11.500 -11.999		11		2,006,732.95		0.61	%		11.759		357		58.19		551
12.000 -12.499		5		808,781.46		0.25	%		12.208		357		53.36		548
Total		1,548		326,561,747.47		100.00	%		8.198		357		79.34		601


Maximum Interest Rate	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
11.500 -11.999		13		3,367,090.62		1.03	%		5.888		355		79.94		671
12.000 -12.499		35		8,286,243.31		2.54	%		6.311		356		77.97		660
12.500 -12.999		116		27,659,298.70		8.47	%		6.823		356		79.68		653
13.000 -13.499		172		37,865,761.97		11.60	%		7.248		357		80.08		632
13.500 -13.999		313		70,055,158.92		21.45	%		7.771		357		80.30		611
14.000 -14.499		279		58,342,086.29		17.87	%		8.237		357		81.60		600
14.500 -14.999		313		62,568,070.95		19.16	%		8.730		357		80.97		584
15.000 -15.499		140		25,882,543.05		7.93	%		9.205		357		79.08		562
15.500 -15.999		88		17,713,121.60		5.42	%		9.704		357		72.34		540
16.000 -16.499		33		6,225,104.01		1.91	%		10.263		357		71.04		537
16.500 -16.999		14		2,931,299.71		0.90	%		10.705		357		66.03		532
17.000 -17.499		16		2,850,453.93		0.87	%		11.201		357		64.13		537
17.500 -17.999		11		2,006,732.95		0.61	%		11.759		357		58.19		551
18.000 -18.499		5		808,781.46		0.25	%		12.208		357		53.36		548
Total		1,548		326,561,747.47		100.00	%		8.198		357		79.34		601

Initial Periodic Rate Cap		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
2.000		1,546		326,098,002.36		99.86	%		8.198		357		79.34		601
3.000		2		463,745.11		0.14	%		8.385		352		82.25		515
Total		1,548		326,561,747.47		100.00	%		8.198		357		79.34		601

Subsequent Periodic Rate Cap		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
1.500		1,548		326,561,747.47		100.00	%		8.198		357		79.34		601
Total		1,548		326,561,747.47		100.00	%		8.198		357		79.34		601


Next Rate Change Date	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
05/01/07		1		255,211.95		0.08	%		8.700		349		80.00		506
07/01/07		1		313,729.46		0.10	%		9.400		351		80.00		505
09/01/07		4		748,482.82		0.23	%		7.373		353		90.93		596
10/01/07		39		7,693,887.61		2.36	%		7.220		354		78.48		630
11/01/07		40		9,632,001.65		2.95	%		7.705		355		82.02		624
12/01/07		168		37,702,083.32		11.55	%		7.996		356		79.33		604
01/01/08		1,241		257,429,520.39		78.83	%		8.294		357		79.33		598
09/01/08		1		367,709.28		0.11	%		6.700		353		79.57		506
11/01/08		1		251,760.97		0.08	%		9.450		355		75.00		521
12/01/08		6		1,160,288.78		0.36	%		8.149		356		67.91		628
01/01/09		34		7,903,622.93		2.42	%		7.793		357		80.28		606
12/01/10		2		511,716.76		0.16	%		6.410		356		69.28		645
01/01/11		10		2,591,731.55		0.79	%		8.103		357		74.30		613
Total		1,548		326,561,747.47		100.00	%		8.198		357		79.34		601

Silent 2nd		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Has 2nd lien		523		94,750,517.56		25.45	%		7.789		356		82.75		632
No Silent 2nd		1,476		277,556,576.25		74.55	%		8.377		355		78.32		594
Total		1,999		372,307,093.81		100.00	%		8.227		356		79.44		604

Group II Mortgage Loans
As of the Cut-off Date
				Minimum			Maximum
Scheduled Principal Balance	$	614,777,127		$	4,936		$	1,000,000
Average Scheduled Principal Balance	$	249,909
Number of Mortgage Loans		2,460

Weighted Average Gross Coupon		8.050	%		5.550	%		13.750	%
Weighted Average FICO Score		638			500			807
Weighted Average Combined Original LTV		82.27	%		22.52	%		100.00	%

Weighted Average Original Term		359 months			60 months			360 months
Weighted Average Stated Remaining Term		356 months			57 months			360 months
Weighted Average Seasoning		3 months			0 months			10 months

Weighted Average Gross Margin		5.690	%		3.000	%		6.990	%
Weighted Average Minimum Interest Rate		7.913	%		4.774	%		13.750	%
Weighted Average Maximum Interest Rate		13.917	%		11.550	%		19.750	%
Weighted Average Initial Rate Cap		2.000	%		2.000	%		2.000	%
Weighted Average Subsequent Rate Cap		1.500	%		1.500	%		1.500	%
Weighted Average Months to Roll		21 months			14 months			57 months

Maturity Date					Jan 1 2011			Jan 1 2036
Maximum Zip Code Concentration		0.55	%		11368

ARM		91.49	%		Easy Documentation			1.19	%
Fixed Rate		8.51	%		Full Documentation			51.30	%
					StatedDocumentation			47.50	%
2/28 6 MO LIBOR		39.85	%
2/28 6 MO LIBOR 40/30 Balloon		29.98	%		Cash Out Refinance			29.58	%
2/28 6 MO LIBOR IO		19.08	%		Home Improvement			1.45	%
3/27 6 MO LIBOR		0.69	%		Purchase			68.82	%
3/27 6 MO LIBOR 40/30 Balloon		0.70	%		Rate/Term Refinance			0.15	%
3/27 6 MO LIBOR IO		0.62	%
5/25 6 MO LIBOR		0.58	%		2 Units			12.66	%
Fixed Rate		7.93	%		3 Units			0.74	%
Fixed Rate 40/30 Balloon		0.58	%		4 Units			0.34	%
					Condominium			6.50	%
Interest Only		19.69	%		Manufactured Housing			0.01	%
Not Interest Only		80.31	%		Single Family			79.75	%

Prepay Penalty: N/A		40.02	%		Non-owner			6.39	%
Prepay Penalty: 12 months		8.30	%		Primary			92.73	%
Prepay Penalty: 24 months		45.31	%		Second Home			0.88	%
Prepay Penalty: 36 months		6.37	%
					Top 5 States:
First Lien		94.67	%		California			29.66	%
Second Lien		5.33	%		Florida			14.19	%
					New York			14.07	%
					Maryland			6.63	%
					New Jersey			5.98	%

Current Principal Balance	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
0.01 - 50,000.00		200		5,640,760.49		0.92	%		10.824		311		96.68		637
50,000.01 - 100,000.00		404		31,192,959.99		5.07	%		9.699		356		89.28		629
100,000.01 - 150,000.00		353		43,587,699.11		7.09	%		9.026		356		85.42		624
150,000.01 - 200,000.00		281		48,965,929.38		7.96	%		8.237		357		82.28		628
200,000.01 - 250,000.00		219		49,295,662.15		8.02	%		8.040		357		81.14		632
250,000.01 - 300,000.00		152		41,916,636.39		6.82	%		7.868		357		82.04		645
300,000.01 - 350,000.00		175		56,504,237.71		9.19	%		7.826		357		81.92		641
350,000.01 - 400,000.00		148		55,177,100.37		8.98	%		7.776		357		81.89		659
400,000.01 - 450,000.00		141		60,619,431.73		9.86	%		7.685		357		80.57		641
450,000.01 - 500,000.00		112		53,245,749.39		8.66	%		7.818		357		81.61		640
500,000.01 - 550,000.00		79		41,280,230.96		6.71	%		7.764		357		82.31		641
550,000.01 - 600,000.00		72		41,291,619.63		6.72	%		7.893		357		81.18		641
600,000.01 - 650,000.00		36		22,398,020.07		3.64	%		7.849		357		80.36		627
650,000.01 - 700,000.00		38		25,622,707.83		4.17	%		7.660		352		82.47		642
700,000.01 - 750,000.00		42		30,926,027.35		5.03	%		7.816		356		78.63		622
750,000.01 - 800,000.00		2		1,600,000.00		0.26	%		7.375		357		83.20		695
800,000.01 - 850,000.00		1		827,698.38		0.13	%		6.250		354		90.00		641
850,000.01 - 900,000.00		2		1,725,913.80		0.28	%		6.121		355		85.03		689
950,000.01 - 1,000,000.00		3		2,958,741.99		0.48	%		7.123		355		77.72		605
Total		2,460		614,777,126.72		100.00	%		8.050		356		82.27		638

Current Gross Rate		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
5.500 - 5.999		14		6,355,578.36		1.03	%		5.853		356		78.81		681
6.000 - 6.499		41		18,443,141.01		3.00	%		6.263		349		80.89		656
6.500 - 6.999		193		70,405,614.37		11.45	%		6.809		356		80.43		648
7.000 - 7.499		265		94,601,408.95		15.39	%		7.268		356		80.35		650
7.500 - 7.999		465		146,142,957.00		23.77	%		7.768		357		81.16		646
8.000 - 8.499		356		102,033,406.65		16.60	%		8.238		357		82.15		641
8.500 - 8.999		353		92,953,810.22		15.12	%		8.719		357		83.09		619
9.000 - 9.499		155		26,887,548.93		4.37	%		9.211		357		85.16		616
9.500 - 9.999		176		22,459,016.26		3.65	%		9.747		356		85.18		598
10.000 -10.499		103		10,636,920.79		1.73	%		10.247		357		91.23		642
10.500 -10.999		132		12,068,723.96		1.96	%		10.728		354		92.30		612
11.000 -11.499		56		4,479,890.24		0.73	%		11.251		354		92.29		614
11.500 -11.999		73		5,043,916.02		0.82	%		11.710		348		90.72		598
12.000 -12.499		29		1,443,967.72		0.23	%		12.207		302		83.76		580
12.500 -12.999		34		466,830.37		0.08	%		12.631		214		95.19		628
13.000 -13.499		10		202,666.70		0.03	%		13.167		240		86.84		566
13.500 -13.999		5		151,729.17		0.02	%		13.698		306		82.79		585
Total		2,460		614,777,126.72		100.00	%		8.050		356		82.27		638


FICO	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
500-524		70		18,183,922.07		2.96	%		9.552		357		74.13		513
525-549		74		17,867,587.73		2.91	%		8.926		357		77.80		539
550-574		176		38,301,152.51		6.23	%		8.658		356		80.72		563
575-599		303		71,490,608.27		11.63	%		8.016		355		82.07		588
600-624		450		101,677,942.92		16.54	%		7.961		356		83.43		612
625-649		475		123,845,156.23		20.14	%		8.018		356		83.02		637
650-674		356		93,842,607.10		15.26	%		7.834		355		82.63		660
675-699		264		65,017,076.06		10.58	%		7.922		356		83.23		686
700+		292		84,551,073.83		13.75	%		7.784		356		82.20		732
Total		2,460		614,777,126.72		100.00	%		8.050		356		82.27		638

Combined Original LTV		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
0.01- 49.99		16		2,629,816.93		0.43	%		9.035		357		44.23		590
50.00- 54.99		4		992,193.68		0.16	%		7.952		348		53.63		622
55.00- 59.99		8		2,107,727.38		0.34	%		8.806		357		57.40		583
60.00- 64.99		27		6,919,838.68		1.13	%		8.370		357		63.40		579
65.00- 69.99		33		9,693,125.67		1.58	%		8.553		357		67.10		576
70.00- 74.99		64		20,277,511.21		3.30	%		8.150		356		71.54		597
75.00- 79.99		91		33,899,787.81		5.51	%		8.053		357		77.27		600
80.00		1,175		349,629,873.15		56.87	%		7.732		356		80.00		652
80.01- 84.99		35		12,370,387.26		2.01	%		7.704		357		83.40		609
85.00- 89.99		114		30,577,562.66		4.97	%		7.868		357		86.08		607
90.00- 94.99		407		105,150,411.44		17.10	%		8.249		356		90.10		626
95.00- 99.99		95		7,730,079.07		1.26	%		9.485		338		95.54		636
100.00		391		32,798,811.78		5.34	%		10.346		354		100.00		663
Total		2,460		614,777,126.72		100.00	%		8.050		356		82.27		638

Original Term (months)		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
60		9		79,231.98		0.01	%		12.430		57		94.38		649
120		48		464,510.86		0.08	%		12.494		117		94.64		619
180		34		1,523,840.46		0.25	%		9.162		176		88.34		641
240		1		31,907.09		0.01	%		12.400		237		95.00		581
360		2,368		612,677,636.33		99.66	%		8.043		357		82.24		638
Total		2,460		614,777,126.72		100.00	%		8.050		356		82.27		638


Stated Remaining Term (months)	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
1- 60	9		79,231.98		0.01%			12.430		57		94.38		649
61-120	48		464,510.86		0.08%			12.494		117		94.64		619
121-180	34		1,523,840.46		0.25%			9.162		176		88.34		641
181-240	1		31,907.09		0.01%			12.400		237		95.00		581
301-360	2,368		612,677,636.33		99.66%			8.043		357		82.24		638
Total	2,460		614,777,126.72		100.00%			8.050		356		82.27		638

Debt Ratio	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
0.01 -20.00	81		17,472,634.06		2.84%			8.236		356		83.18		623
20.01 -25.00	71		13,795,158.71		2.24%			7.853		355		80.96		642
25.01 -30.00	118		24,694,136.80		4.02%			7.992		356		80.45		627
30.01 -35.00	191		44,110,900.06		7.18%			8.082		356		82.10		637
35.01 -40.00	363		96,858,971.80		15.76%			7.987		356		81.19		640
40.01 -45.00	507		125,621,055.20		20.43%			8.009		356		82.63		640
45.01 -50.00	912		223,218,670.77		36.31%			8.067		356		82.36		645
50.01 -55.00	214		67,516,062.71		10.98%			8.186		357		83.71		614
55.01 -60.00	1		99,644.78		0.02%			8.700		354		80.00		502
60.01+	2		1,389,891.83		0.23%			6.200		267		80.00		660
Total	2,460		614,777,126.72		100.00%			8.050		356		82.27		638

FRM/ARM	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
ARM		1,912		562,489,551.65		91.49	%		7.915		357		81.36		636
Fixed Rate		548		52,287,575.07		8.51	%		9.493		349		92.06		655
Total		2,460		614,777,126.72		100.00	%		8.050		356		82.27		638


Product	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
2/28 6 MO LIBOR		1,015		244,986,722.60		39.85	%		8.236		357		81.64		632
2/28 6 MO LIBOR 40/30 Balloon		488		184,317,750.82		29.98	%		7.916		357		81.22		636
2/28 6 MO LIBOR IO		351		117,275,919.65		19.08	%		7.255		356		80.99		645
3/27 6 MO LIBOR		22		4,262,035.52		0.69	%		8.258		357		82.22		642
3/27 6 MO LIBOR 40/30 Balloon		12		4,310,349.57		0.70	%		7.726		357		82.88		639
3/27 6 MO LIBOR IO		12		3,784,810.08		0.62	%		7.432		356		80.28		630
5/25 6 MO LIBOR		12		3,551,963.41		0.58	%		7.868		357		79.60		649
Fixed Rate		539		48,736,666.60		7.93	%		9.625		348		92.87		656
Fixed Rate 40/30 Balloon		9		3,550,908.47		0.58	%		7.684		357		80.93		641
Total		2,460		614,777,126.72		100.00	%		8.050		356		82.27		638

Interest Only		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Interest Only		363		121,060,729.73		19.69	%		7.260		356		80.97		645
Not Interest Only		2,097		493,716,396.99		80.31	%		8.243		356		82.59		636
Total		2,460		614,777,126.72		100.00	%		8.050		356		82.27		638

Interest Only Term		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
N/A		2,097		493,716,396.99		80.31	%		8.243		356		82.59		636
60		363		121,060,729.73		19.69	%		7.260		356		80.97		645
Total		2,460		614,777,126.72		100.00	%		8.050		356		82.27		638

Prepayment Penalty Original Term (months)		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Prepay Penalty: N/A		938		246,061,224.99		40.02	%		8.167		356		82.34		639
Prepay Penalty: 12 months		161		51,004,433.78		8.30	%		8.208		356		81.25		644
Prepay Penalty: 24 months		1,194		278,568,928.23		45.31	%		7.972		356		82.41		637
Prepay Penalty: 36 months		167		39,142,539.72		6.37	%		7.659		353		82.14		628
Total		2,460		614,777,126.72		100.00	%		8.050		356		82.27		638

Lien	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
First Lien		1,980		582,026,187.05		94.67	%		7.906		356		81.31		637
Second Lien		480		32,750,939.67		5.33	%		10.599		348		99.29		659
Total		2,460		614,777,126.72		100.00	%		8.050		356		82.27		638

Documentation Type		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Easy Documentation		26		7,326,897.64		1.19	%		8.305		355		87.61		613
Full Documentation		1,382		315,409,955.14		51.30	%		7.737		355		83.13		625
Stated Documentation		1,052		292,040,273.94		47.50	%		8.381		357		81.20		652
Total		2,460		614,777,126.72		100.00	%		8.050		356		82.27		638

Loan Purpose		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Cash Out Refinance		573		181,821,357.10		29.58	%		8.026		356		80.22		606
Home Improvement		23		8,929,996.63		1.45	%		8.132		356		81.22		593
Purchase		1,860		423,076,537.99		68.82	%		8.057		356		83.16		652
Rate/Term Refinance		4		949,235.00		0.15	%		8.741		357		86.29		601
Total		2,460		614,777,126.72		100.00	%		8.050		356		82.27		638

Property Type		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
2 Units		267		77,820,795.31		12.66	%		7.959		357		82.80		663
3 Units		18		4,534,872.65		0.74	%		8.417		354		80.89		632
4 Units		9		2,085,824.68		0.34	%		8.156		354		80.39		664
Condominium		187		39,969,180.02		6.50	%		8.269		356		83.12		648
Manufactured Housing		1		83,620.86		0.01	%		8.990		352		80.00		572
Single Family		1,978		490,282,833.20		79.75	%		8.042		356		82.13		633
Total		2,460		614,777,126.72		100.00	%		8.050		356		82.27		638

Occupancy Status		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Non-owner		251		39,284,993.61		6.39	%		8.618		355		84.12		653
Primary		2,189		570,095,776.95		92.73	%		8.010		356		82.12		637
Second Home		20		5,396,356.16		0.88	%		8.095		356		84.56		637
Total		2,460		614,777,126.72		100.00	%		8.050		356		82.27		638

State	# of Loans	Current Principal Balance	Pct by Curr Prin Bal		Weighted Average Gross Coupon	Weighted Average Stated Remaining Term	Weighted Average Combined Orig LTV	Weighted Average FICO
Arizona	29	7,751,449.65	1.26	%	7.981	356	82.17	624
Arkansas	5	426,262.50	0.07	%	8.581	347	84.85	612
California	524	182,373,188.02	29.66	%	7.882	356	81.87	641
Colorado	25	4,739,950.98	0.77	%	7.653	353	81.91	618
Connecticut	37	9,482,117.87	1.54	%	8.224	357	81.64	616
Delaware	9	1,280,531.06	0.21	%	8.205	355	86.28	623
District of Columbia	8	2,325,888.29	0.38	%	8.732	357	77.20	611
Florida	465	87,213,385.00	14.19	%	8.197	356	82.91	637
Georgia	85	13,852,091.29	2.25	%	8.314	355	84.39	627
Hawaii	36	11,632,190.67	1.89	%	7.680	356	83.52	677
Idaho	8	663,721.59	0.11	%	8.077	352	76.92	614
Illinois	103	20,469,319.04	3.33	%	8.252	357	83.54	646
Indiana	20	2,627,542.92	0.43	%	8.386	355	82.98	625
Iowa	1	79,862.33	0.01	%	8.800	357	80.00	596
Kansas	1	63,911.56	0.01	%	9.850	357	80.00	609
Kentucky	2	154,731.60	0.03	%	8.849	299	77.17	679
Maine	7	576,538.78	0.09	%	8.750	357	82.43	613
Maryland	170	40,776,649.62	6.63	%	8.101	356	80.60	613
Massachusetts	80	22,481,014.81	3.66	%	8.039	357	81.71	643
Michigan	58	7,018,564.42	1.14	%	8.811	356	84.90	624
Minnesota	29	5,725,520.95	0.93	%	8.366	355	85.70	623
Missouri	23	4,216,174.43	0.69	%	8.353	355	84.16	600
Nebraska	2	183,583.54	0.03	%	8.800	357	80.95	591
Nevada	32	8,367,666.18	1.36	%	8.086	356	82.57	645
New Hampshire	6	698,420.80	0.11	%	7.741	356	81.63	662
New Jersey	129	36,750,299.22	5.98	%	8.291	356	82.37	635
New Mexico	4	338,432.14	0.06	%	9.081	350	90.55	637
New York	252	86,471,207.76	14.07	%	7.894	357	82.49	657
North Carolina	32	4,896,585.20	0.80	%	8.406	356	81.57	618
Ohio	27	2,953,078.51	0.48	%	8.355	357	83.55	592
Oklahoma	5	339,849.12	0.06	%	9.107	349	86.44	608
Oregon	5	1,410,710.86	0.23	%	8.021	356	80.00	658
Pennsylvania	43	4,785,037.64	0.78	%	8.669	357	80.64	594
Rhode Island	9	2,524,884.39	0.41	%	8.095	356	77.37	597
South Carolina	9	843,680.27	0.14	%	9.267	352	78.84	576
Tennessee	25	2,158,686.96	0.35	%	8.703	353	85.45	615
Texas	46	7,487,118.99	1.22	%	8.060	356	81.90	631
Utah	7	1,228,662.65	0.20	%	7.758	356	80.00	714
Vermont	1	149,368.59	0.02	%	6.875	352	80.00	641
Virginia	72	19,876,076.32	3.23	%	7.893	356	83.38	640
Washington	14	5,429,154.33	0.88	%	7.773	357	77.85	616
West Virginia	1	158,800.00	0.03	%	7.150	355	80.00	596
Wisconsin	14	1,795,215.87	0.29	%	9.069	356	79.86	585
Total	2,460	614,777,126.72	100.00	%	8.050	356	82.27	638


Gross Margin	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
3.000 - 3.499		2		1,111,418.30		0.20	%		6.426		357		86.89		636
3.500 - 3.999		15		6,186,109.03		1.10	%		5.976		357		78.92		678
4.000 - 4.499		68		27,930,600.75		4.97	%		6.501		356		80.17		655
4.500 - 4.999		203		66,402,836.76		11.81	%		6.974		357		80.71		648
5.000 - 5.499		377		131,539,470.38		23.39	%		7.415		356		80.67		652
5.500 - 5.999		444		135,275,207.14		24.05	%		7.926		357		81.74		643
6.000 - 6.499		354		101,081,012.87		17.97	%		8.457		357		82.25		629
6.500 - 6.999		449		92,962,896.42		16.53	%		9.264		357		81.73		596
Total		1,912		562,489,551.65		100.00	%		7.915		357		81.36		636

Minimum Interest Rate		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
4.500 - 4.999		1		471,600.00		0.08	%		6.550		355		80.00		671
5.500 - 5.999		13		5,498,164.56		0.98	%		5.831		356		78.62		671
6.000 - 6.499		39		17,501,827.43		3.11	%		6.340		355		81.31		654
6.500 - 6.999		182		65,626,365.84		11.67	%		6.810		356		80.51		646
7.000 - 7.499		257		91,832,031.60		16.33	%		7.264		356		80.40		650
7.500 - 7.999		454		141,440,958.38		25.15	%		7.770		357		81.14		646
8.000 - 8.499		346		99,936,485.71		17.77	%		8.237		357		82.18		641
8.500 - 8.999		342		91,248,455.51		16.22	%		8.719		357		83.04		619
9.000 - 9.499		116		23,489,301.80		4.18	%		9.202		357		83.80		609
9.500 - 9.999		101		15,511,177.54		2.76	%		9.738		357		80.40		565
10.000 -10.499		26		3,966,775.36		0.71	%		10.164		357		76.85		557
10.500 -10.999		18		3,176,470.93		0.56	%		10.752		357		75.64		529
11.000 -11.499		6		1,023,698.87		0.18	%		11.319		357		66.27		548
11.500 -11.999		8		1,067,665.79		0.19	%		11.789		356		59.42		525
12.000 -12.499		1		579,859.74		0.10	%		12.200		357		62.37		519
13.000 -13.499		1		58,759.67		0.01	%		13.050		357		70.00		509
13.500 -13.999		1		59,952.92		0.01	%		13.750		356		61.22		516
Total		1,912		562,489,551.65		100.00	%		7.915		357		81.36		636


Maximum Interest Rate	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
11.500 -11.999		13		5,498,164.56		0.98	%		5.831		356		78.62		671
12.000 -12.499		38		16,975,846.81		3.02	%		6.271		355		80.97		656
12.500 -12.999		182		65,425,965.84		11.63	%		6.808		356		80.51		647
13.000 -13.499		258		92,504,031.60		16.45	%		7.261		356		80.40		649
13.500 -13.999		454		141,440,958.38		25.15	%		7.770		357		81.14		646
14.000 -14.499		346		99,936,485.71		17.77	%		8.237		357		82.18		641
14.500 -14.999		343		91,774,436.13		16.32	%		8.718		357		83.09		619
15.000 -15.499		116		23,489,301.80		4.18	%		9.202		357		83.80		609
15.500 -15.999		101		15,511,177.54		2.76	%		9.738		357		80.40		565
16.000 -16.499		26		3,966,775.36		0.71	%		10.164		357		76.85		557
16.500 -16.999		18		3,176,470.93		0.56	%		10.752		357		75.64		529
17.000 -17.499		6		1,023,698.87		0.18	%		11.319		357		66.27		548
17.500 -17.999		8		1,067,665.79		0.19	%		11.789		356		59.42		525
18.000 -18.499		1		579,859.74		0.10	%		12.200		357		62.37		519
19.000 -19.499		1		58,759.67		0.01	%		13.050		357		70.00		509
19.500 -19.999		1		59,952.92		0.01	%		13.750		356		61.22		516
Total		1,912		562,489,551.65		100.00	%		7.915		357		81.36		636

Initial Periodic Rate Cap	# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
2.000		1,912		562,489,551.65		100.00	%		7.915		357		81.36		636
Total		1,912		562,489,551.65		100.00	%		7.915		357		81.36		636

Subsequent Periodic Rate Cap		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
1.500		1,912		562,489,551.65		100.00	%		7.915		357		81.36		636
Total		1,912		562,489,551.65		100.00	%		7.915		357		81.36		636

Next Rate Change Date		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
06/01/07		1		125,347.27		0.02	%		10.000		350		70.00		524
08/01/07		7		1,692,299.24		0.30	%		6.780		352		78.32		630
09/01/07		11		6,156,090.57		1.09	%		6.843		353		81.76		615
10/01/07		68		21,879,738.96		3.89	%		7.099		354		80.45		631
11/01/07		64		22,312,709.73		3.97	%		7.335		355		80.24		617
12/01/07		211		63,409,525.03		11.27	%		7.714		356		81.34		646
01/01/08		1,491		430,532,568.05		76.54	%		8.039		357		81.46		636
07/01/08		1		49,831.28		0.01	%		8.200		351		90.00		675
08/01/08		1		303,299.99		0.05	%		7.900		352		90.00		608
10/01/08		1		546,400.00		0.10	%		6.990		354		80.00		592
12/01/08		6		908,652.03		0.16	%		8.040		356		79.12		609
01/01/09		38		11,021,126.09		1.96	%		7.855		357		82.26		641
10/01/10		1		421,879.89		0.08	%		6.990		354		80.00		646
01/01/11		11		3,130,083.52		0.56	%		7.987		357		79.54		649
Total		1,912		562,489,551.65		100.00	%		7.915		357		81.36		636

Silent 2nd		# of Loans		Current Principal Balance		Pct by Curr Prin Bal			Weighted Average Gross Coupon		Weighted Average Stated Remaining Term		Weighted Average Combined Orig LTV		Weighted Average FICO
Has 2nd lien		1,182		329,545,506.59		53.60	%		7.748		357		81.16		654
No Silent 2nd		1,278		285,231,620.13		46.40	%		8.398		355		83.55		619
Total		2,460		614,777,126.72		100.00	%		8.050		356		82.27		638

Fremont Home Loan Trust 2006-2 Inactive FWPFree writing prospectus