Carrington Mortgage Loan Trust, Series 2006-NC5 FWP Free writing prospectus

Filed Pursuant to Rule 433
Registration No. 333-134218
Carrington Mortgage Loan Trust, Series 2006-NC5
Asset-Backed Pass-Through Certificates
Stanwich Asset Acceptance Company, L.L.C.
Depositor
Carrington Securities, LP
Sponsor
New Century Mortgage Corporation & Home123 Corporation
Originators
New Century Mortgage Corporation
Servicer
Wells Fargo Bank, N.A.
Trustee
Bear, Stearns & Co. Inc.
Lead Manager
J.P. Morgan Securities Inc.
Co-Manager
STATEMENT REGARDING THIS FREE WRITING PROSPECTUS
The information in this free writing prospectus, if conveyed prior to the time of your contractual commitment to purchase any of the Offered Certificates described herein, supersedes any information contained in any prior similar materials relating to the Offered Certificates. The information in this free writing prospectus is preliminary, and is subject to completion or change by information contained in a preliminary prospectus relating to the Offered Certificates. This free writing prospectus is not required to contain all information that is required to be included in the base prospectus and the prospectus supplement. This free writing prospectus is being delivered to you solely to provide you with information about the offering of the Offered Certificates referred to in this free writing prospectus and to solicit an offer to purchase the Offered Certificates, when, as and if issued. 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 Offered Certificates, until we have conveyed to you a preliminary prospectus relating to the Offered Certificates and we have accepted your offer to purchase Offered Certificates. 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.
IMPORTANT NOTICE REGARDING THE CONDITIONS
FOR THIS OFFERING OF ASSET-BACKED SECURITIES
The Offered Certificates referred to in these materials are being offered when, as and if issued. The depositor is not obligated to issue such Offered Certificates or any similar security and the underwriter’s obligation to deliver such Offered Certificates is subject to the terms and conditions of the underwriting agreement with the depositor and the availability of such Offered Certificates when, as and if issued by the issuing entity. You are advised that the terms of the Offered Certificates, and the characteristics of the mortgage loan pool backing them, may change (due, among other things, to the possibility that mortgage loans that comprise the pool may become delinquent or defaulted or may be removed or replaced and that similar or different mortgage loans may be added to the pool, and that one or more classes of Offered Certificates may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. You are advised that Offered Certificates may not be issued that have the characteristics described in these materials. The underwriter’s obligation to sell such Offered Certificates to you is conditioned on the mortgage loans and Offered Certificates having the characteristics described in these materials. If for any reason the issuing entity does not deliver such Offered Certificates, 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 Offered Certificates which you have committed to purchase, and none of the issuing entity nor any underwriter will be liable for any costs or damages whatsoever arising from or related to such non-delivery.
Filed Pursuant to Rule 433
Registration No. 333-134218
THE DEPOSITOR HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE SECURITIES AND EXCHANGE COMMISSION (THE SEC) FOR THE OFFERING TO WHICH THIS COMMUNICATION RELATES. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS IN THAT REGISTRATION STATEMENT AND OTHER DOCUMENTS THE DEPOSITOR HAS FILED WITH THE SEC FOR MORE COMPLETE INFORMATION ABOUT THE DEPOSITOR AND THE OFFERING. YOU MAY GET THESE DOCUMENTS AT NO CHARGE BY VISITING EDGAR ON THE SEC WEB SITE AT WWW.SEC.GOV. ALTERNATIVELY, THE DEPOSITOR, ANY UNDERWRITER OR ANY DEALER PARTICIPATING IN THE OFFERING WILL ARRANGE TO SEND YOU THE PROSPECTUS AT NO CHARGE IF YOU REQUEST IT BY CALLING TOLL-FREE 1-866-803-9204.
aggr


Carrington Mortgage Loan Trust, Series 2006-NC5
Aggregate

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 5,361
Aggregate Principal Balance ($): 1,216,634,845
Weighted Average Current Mortgage Rate (%): 8.272
Weighted Average Margin (%): 6.213
Weighted Average Maximum Rate (%): 15.247
Weighted Average Months to Roll: 27
Weighted Average Stated Original Term (months): 359
Weighted Average Stated Remaining Term (months): 358
Weighted Average Combined Original LTV (%): 85.54
% First Liens: 99.06
% Owner Occupied: 90.62
% Purchase: 33.82
% Full Documentation: 57.28
Non-Zero Weighted Average FICO Score: 616


2. Product Type

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                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
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10 Fixed                                                                      2                $99,732.58                      0.01%                     7.712%                       118                     76.56%                     76.56%                        606                    27.94%
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15 Fixed                                                                     20              2,278,301.70                       0.19                      8.508                       179                      64.00                      64.89                        585                     30.48
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20 Fixed                                                                     15              1,888,365.73                       0.16                      8.850                       238                      71.83                      71.83                        579                     37.90
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2/1 ARM                                                                   1,264            223,779,826.73                      18.39                      8.572                       359                      80.79                      85.39                        609                     40.07
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2/1 ARM 5Y-IO                                                               684            197,302,376.34                      16.22                      7.631                       359                      82.27                      92.00                        644                     41.15
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30 Fixed                                                                    581             81,429,191.56                       6.69                      8.741                       358                      80.40                      82.48                        619                     39.45
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30 Fixed 5Y-IO                                                               27              5,855,533.83                       0.48                      7.897                       358                      82.07                      90.56                        646                     42.13
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3/1 ARM                                                                     360             74,026,911.47                       6.08                      8.741                       358                      83.71                      87.20                        603                     40.50
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3/1 ARM 5Y-IO                                                               266             83,945,794.29                       6.90                      7.469                       359                      83.20                      90.76                        650                     41.25
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40/30 2/1 ARM                                                             1,391            354,000,957.62                      29.10                      8.496                       358                      80.11                      82.73                        597                     42.55
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40/30 3/1 ARM                                                               397            108,583,177.21                       8.92                      8.210                       358                      79.52                      83.62                        609                     42.56
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40/30 Fixed                                                                 354             83,444,675.61                       6.86                      8.057                       358                      77.91                      81.88                        631                     41.96
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Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
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3. Current Gross Mortgage Rate (%)

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                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
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5.001 - 5.500                                                                 1               $252,000.00                      0.02%                     5.500%                       359                     80.00%                    100.00%                        641                    44.04%
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5.501 - 6.000                                                                60             20,617,019.15                       1.69                      5.856                       359                      77.14                      82.93                        660                     41.39
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6.001 - 6.500                                                               171             54,274,431.59                       4.46                      6.360                       358                      77.78                      83.22                        661                     41.24
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6.501 - 7.000                                                               418            126,465,307.82                      10.39                      6.818                       358                      78.00                      84.73                        643                     41.13
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7.001 - 7.500                                                               541            147,562,379.08                      12.13                      7.313                       358                      78.44                      86.45                        638                     41.99
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7.501 - 8.000                                                               857            210,431,815.97                      17.30                      7.790                       358                      79.73                      86.55                        624                     41.61
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8.001 - 8.500                                                               682            157,998,682.37                      12.99                      8.290                       358                      80.88                      86.59                        619                     42.20
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8.501 - 9.000                                                               849            188,570,983.57                      15.50                      8.783                       358                      82.37                      85.66                        602                     41.14
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9.001 - 9.500                                                               606            116,990,605.61                       9.62                      9.273                       358                      83.03                      84.97                        588                     41.16
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9.501 - 10.000                                                              608            106,864,260.65                       8.78                      9.767                       358                      83.42                      84.22                        584                     41.07
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10.001 - 10.500                                                             256             41,132,832.84                       3.38                     10.277                       357                      84.49                      85.28                        581                     40.04
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10.501 - 11.000                                                             195             30,847,974.89                       2.54                     10.742                       357                      85.38                      85.72                        579                     40.14
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11.001 - 11.500                                                              73              8,968,351.18                       0.74                     11.223                       356                      84.76                      84.90                        587                     39.52
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11.501 - 12.000                                                              30              4,207,556.51                       0.35                     11.665                       358                      80.25                      80.25                        557                     38.39
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12.001 - 12.500                                                              12              1,221,850.88                       0.10                     12.264                       345                      80.01                      80.01                        583                     34.63
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12.501 - 13.000                                                               2                228,792.56                       0.02                     12.625                       356                      43.99                      43.99                        549                     28.16
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Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
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Minimum: 5.500%
Maximum: 12.625%
Weighted Average: 8.272%


4. Current Unpaid Principal Balance ($)

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                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
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0.01 - 50,000.00                                                             93             $3,785,734.17                      0.31%                     9.876%                       350                     84.98%                     84.98%                        627                    37.37%
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50,000.01 - 100,000.00                                                      786             61,832,259.83                       5.08                      9.266                       356                      80.42                      83.37                        595                     37.55
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100,000.01 - 150,000.00                                                   1,040            130,213,935.71                      10.70                      8.754                       356                      79.61                      84.28                        602                     39.35
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150,000.01 - 200,000.00                                                     890            155,918,823.56                      12.82                      8.493                       358                      78.90                      83.71                        603                     40.31
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200,000.01 - 250,000.00                                                     718            161,338,718.91                      13.26                      8.305                       358                      78.85                      83.52                        609                     41.18
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250,000.01 - 300,000.00                                                     518            142,457,514.99                      11.71                      8.240                       358                      80.59                      84.88                        611                     42.00
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300,000.01 - 350,000.00                                                     345            111,721,256.08                       9.18                      8.173                       358                      81.86                      86.60                        617                     42.42
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350,000.01 - 400,000.00                                                     345            129,385,932.45                      10.63                      7.901                       358                      80.66                      85.74                        621                     43.21
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400,000.01 - 450,000.00                                                     229             97,082,522.25                       7.98                      7.927                       358                      83.48                      88.14                        634                     42.98
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450,000.01 - 500,000.00                                                     170             81,026,971.13                       6.66                      7.880                       358                      83.13                      88.35                        630                     43.04
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500,000.01 - 550,000.00                                                      81             42,580,085.01                       3.50                      8.008                       359                      83.54                      89.80                        629                     42.61
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550,000.01 - 600,000.00                                                      50             28,740,372.09                       2.36                      8.127                       358                      83.86                      88.56                        639                     41.98
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600,000.01 - 650,000.00                                                      34             21,269,261.56                       1.75                      7.965                       358                      82.36                      88.14                        638                     42.17
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650,000.01 - 700,000.00                                                      22             14,837,349.51                       1.22                      7.785                       358                      85.43                      89.06                        649                     41.16
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700,000.01 - 750,000.00                                                      18             13,087,845.51                       1.08                      7.821                       358                      78.41                      85.79                        643                     36.91
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750,000.01 - 800,000.00                                                       4              3,089,868.58                       0.25                      8.240                       358                      80.00                      89.85                        638                     43.53
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800,000.01 - 850,000.00                                                       5              4,184,231.07                       0.34                      8.860                       358                      85.28                      89.29                        649                     41.99
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850,000.01 - 900,000.00                                                       1                879,711.04                       0.07                      7.525                       359                      89.98                      89.98                        627                     39.36
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900,000.01 - 950,000.00                                                       1                919,311.74                       0.08                      8.500                       357                      80.00                      80.00                        634                     42.95
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950,000.01 - 1,000,000.00                                                     4              3,977,248.98                       0.33                      7.912                       358                      80.84                      94.35                        623                     40.10
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1,000,000.01 greater than or equal to                                         7              8,305,890.50                       0.68                      7.492                       358                      75.25                      77.99                        654                     35.28
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Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
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Minimum: $29,946.46
Maximum: $1,497,652.63
Weighted Average: $226,941.77


5. Original Term (months)

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                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
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61 - 120                                                                      2                $99,732.58                      0.01%                     7.712%                       118                     76.56%                     76.56%                        606                    27.94%
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121 - 180                                                                    20              2,278,301.70                       0.19                      8.508                       179                      64.00                      64.89                        585                     30.48
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181 - 240                                                                    15              1,888,365.73                       0.16                      8.850                       238                      71.83                      71.83                        579                     37.90
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301 - 360                                                                 5,324          1,212,368,444.66                      99.65                      8.271                       358                      80.85                      85.60                        616                     41.40
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Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
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Minimum: 120
Maximum: 360
Weighted Average: 359


6. Remaining Term (months)

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                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
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61 - 120                                                                      2                $99,732.58                      0.01%                     7.712%                       118                     76.56%                     76.56%                        606                    27.94%
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121 - 180                                                                    20              2,278,301.70                       0.19                      8.508                       179                      64.00                      64.89                        585                     30.48
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181 - 240                                                                    15              1,888,365.73                       0.16                      8.850                       238                      71.83                      71.83                        579                     37.90
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301 - 360                                                                 5,324          1,212,368,444.66                      99.65                      8.271                       358                      80.85                      85.60                        616                     41.40
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Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
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Minimum: 118
Maximum: 360
Weighted Average: 358


7. Combined Loan-to-Value Ratio (%)

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                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
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5.01 - 10.00                                                                  2                $99,963.98                      0.01%                     9.300%                       359                      8.93%                      8.93%                        563                    39.00%
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10.01 - 15.00                                                                 1                 49,972.54                       0.00                      8.975                       359                      11.11                      11.11                        595                     32.71
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15.01 - 20.00                                                                 5                445,683.44                       0.04                      8.440                       358                      18.88                      18.88                        696                     37.91
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20.01 - 25.00                                                                 4                352,994.06                       0.03                      8.063                       357                      22.49                      22.49                        609                     38.82
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25.01 - 30.00                                                                10              1,141,699.20                       0.09                      8.788                       349                      27.38                      27.38                        588                     32.57
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30.01 - 35.00                                                                20              2,639,029.95                       0.22                      8.737                       358                      33.06                      33.06                        590                     34.98
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35.01 - 40.00                                                                22              3,373,911.90                       0.28                      7.977                       359                      37.69                      37.69                        586                     40.13
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40.01 - 45.00                                                                49              8,223,309.63                       0.68                      7.982                       356                      43.02                      43.02                        581                     36.71
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45.01 - 50.00                                                                70             12,127,624.80                       1.00                      7.845                       354                      47.76                      47.76                        588                     40.93
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50.01 - 55.00                                                                83             16,533,503.65                       1.36                      8.036                       356                      52.76                      52.76                        582                     39.29
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55.01 - 60.00                                                               133             28,361,471.10                       2.33                      7.750                       355                      58.39                      58.39                        588                     38.97
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60.01 - 65.00                                                               190             40,178,635.88                       3.30                      8.031                       356                      63.34                      63.34                        582                     39.99
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65.01 - 70.00                                                               272             61,962,427.96                       5.09                      8.195                       357                      68.79                      68.79                        589                     40.87
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70.01 - 75.00                                                               356             81,234,129.19                       6.68                      8.296                       358                      73.90                      73.93                        589                     41.49
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75.01 - 80.00                                                               670            147,826,992.65                      12.15                      8.413                       358                      79.40                      79.42                        590                     40.89
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80.01 - 85.00                                                               643            148,751,880.66                      12.23                      8.544                       358                      84.28                      84.47                        586                     41.17
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85.01 - 90.00                                                               983            235,405,297.50                      19.35                      8.587                       358                      89.53                      89.63                        617                     40.96
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90.01 - 95.00                                                               496            126,069,074.81                      10.36                      8.481                       358                      93.69                      94.82                        637                     42.45
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95.01 - 100.00                                                            1,352            301,857,241.77                      24.81                      7.862                       358                      81.52                      99.96                        657                     42.43
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Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
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Minimum: 7.87%
Maximum: 100.00%
Weighted Average: 85.54%


8. Current Gross Margin (%)

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                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  999           $174,995,801.01                     14.38%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
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5.001 - 5.500                                                                 7              1,041,852.98                       0.09                      9.550                       359                      82.97                      82.97                        559                     43.73
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5.501 - 6.000                                                               861            216,870,141.50                      17.83                      7.828                       358                      81.67                      88.42                        632                     41.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                             2,932            695,271,545.56                      57.15                      8.239                       358                      82.01                      87.31                        616                     41.30
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6.501 - 7.000                                                               346             84,233,380.64                       6.92                      8.883                       358                      77.29                      77.95                        582                     42.68
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7.001 - 7.500                                                               202             41,662,424.73                       3.42                      9.326                       358                      71.26                      71.35                        560                     40.95
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7.501 - 8.000                                                                12              2,054,753.70                       0.17                      9.284                       358                      74.10                      74.10                        567                     41.77
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8.501 - 9.000                                                                 2                504,944.55                       0.04                     10.104                       356                      80.75                      80.75                        552                     50.15
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Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.400%
Maximum: 8.850%
Non-Zero Weighted Average: 6.213%


9. Minimum Mortgage Rates (%)

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                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  999           $174,995,801.01                     14.38%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
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5.501 - 6.000                                                                24              7,866,281.45                       0.65                      5.806                       359                      78.79                      86.24                        675                     42.39
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6.001 - 6.500                                                               164             52,415,452.61                       4.31                      6.207                       359                      78.30                      84.93                        654                     40.97
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6.501 - 7.000                                                               341            104,610,277.00                       8.60                      6.812                       359                      78.57                      86.10                        641                     41.36
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7.001 - 7.500                                                               470            127,640,231.86                      10.49                      7.311                       359                      79.15                      88.11                        638                     42.46
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7.501 - 8.000                                                               745            186,569,157.18                      15.33                      7.786                       358                      80.05                      87.08                        623                     41.57
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8.001 - 8.500                                                               587            140,475,542.57                      11.55                      8.290                       358                      81.25                      86.67                        617                     42.11
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8.501 - 9.000                                                               725            166,230,690.54                      13.66                      8.785                       358                      82.65                      85.68                        600                     41.40
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9.001 - 9.500                                                               504            102,142,286.37                       8.40                      9.277                       358                      83.25                      85.10                        586                     41.15
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9.501 - 10.000                                                              445             88,930,365.76                       7.31                      9.764                       358                      83.49                      84.35                        583                     41.26
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10.001 - 10.500                                                             178             32,703,130.04                       2.69                     10.275                       358                      84.26                      85.11                        581                     40.61
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10.501 - 11.000                                                             118             23,031,667.06                       1.89                     10.746                       358                      84.84                      85.18                        578                     39.64
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11.001 - 11.500                                                              35              5,006,264.99                       0.41                     11.171                       358                      80.74                      80.99                        568                     38.21
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11.501 - 12.000                                                              19              3,103,850.56                       0.26                     11.651                       358                      80.08                      80.08                        562                     38.39
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12.001 - 12.500                                                               5                685,053.11                       0.06                     12.275                       358                      76.05                      76.05                        540                     33.74
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12.501 - 13.000                                                               2                228,792.56                       0.02                     12.625                       356                      43.99                      43.99                        549                     28.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.900%
Maximum: 12.625%
Non-Zero Weighted Average: 8.259%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  999           $174,995,801.01                     14.38%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               1                252,000.00                       0.02                      5.500                       359                      80.00                     100.00                        641                     44.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                              61             20,787,874.78                       1.71                      5.864                       359                      77.23                      82.97                        660                     41.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500                                                             136             41,363,825.77                       3.40                      6.334                       359                      78.77                      85.64                        655                     40.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000                                                             345            104,627,683.44                       8.60                      6.824                       359                      78.55                      86.13                        640                     41.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500                                                             468            127,431,327.18                      10.47                      7.323                       359                      79.31                      88.31                        639                     42.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000                                                             744            186,656,524.87                      15.34                      7.790                       358                      80.10                      87.12                        623                     41.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500                                                             586            140,358,928.83                      11.54                      8.297                       358                      81.21                      86.59                        616                     42.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000                                                             727            166,209,993.06                      13.66                      8.789                       358                      82.61                      85.64                        600                     41.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500                                                             499            101,215,776.74                       8.32                      9.280                       358                      83.24                      85.14                        586                     41.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000                                                             441             88,843,553.03                       7.30                      9.772                       358                      83.50                      84.31                        583                     41.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500                                                             177             32,519,356.12                       2.67                     10.274                       358                      84.29                      85.05                        581                     40.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000                                                             116             22,348,238.62                       1.84                     10.741                       358                      84.92                      85.28                        579                     39.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500                                                              35              5,006,264.99                       0.41                     11.171                       358                      80.74                      80.99                        568                     38.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000                                                              19              3,103,850.56                       0.26                     11.651                       358                      80.08                      80.08                        562                     38.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
19.001 - 19.500                                                               5                685,053.11                       0.06                     12.275                       358                      76.05                      76.05                        540                     33.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
19.501 - 20.000                                                               2                228,792.56                       0.02                     12.625                       356                      43.99                      43.99                        549                     28.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 12.500%
Maximum: 19.625%
Non-Zero Weighted Average: 15.247%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  999           $174,995,801.01                     14.38%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                            37              6,136,689.78                       0.50                      8.864                       358                      83.45                      86.79                        593                     41.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                           3                634,494.34                       0.05                     10.027                       357                      82.03                      82.03                        621                     46.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2                                                                         4,322          1,034,867,859.54                      85.06                      8.249                       358                      81.10                      86.11                        614                     41.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 2.000%
Non-Zero Weighted Average: 1.994%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  999           $174,995,801.01                     14.38%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                            41              6,640,827.99                       0.55                      8.901                       358                      83.26                      87.14                        593                     41.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                       4,321          1,034,998,215.67                      85.07                      8.249                       358                      81.10                      86.11                        614                     41.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 1.500%
Non-Zero Weighted Average: 1.497%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  999           $174,995,801.01                     14.38%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6/1/2008                                                                      1                110,904.76                       0.01                     10.400                       354                      67.27                      67.27                        508                     26.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2008                                                                      8              1,775,350.25                       0.15                      8.829                       355                      81.08                      87.70                        620                     44.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2008                                                                     58             13,024,518.92                       1.07                      9.041                       356                      80.99                      83.09                        608                     43.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2008                                                                    170             44,272,320.66                       3.64                      8.924                       357                      83.32                      86.30                        600                     42.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2008                                                                 1,221            293,396,263.87                      24.12                      8.306                       358                      80.57                      85.49                        611                     41.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2008                                                                 1,861            417,598,032.23                      34.32                      8.201                       359                      80.80                      86.12                        614                     41.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2008                                                                    20              4,905,770.00                       0.40                      8.116                       360                      80.34                      88.63                        628                     43.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2009                                                                      4                938,455.08                       0.08                      8.335                       355                      85.97                      93.87                        623                     41.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2009                                                                     59             13,477,068.56                       1.11                      8.887                       356                      81.69                      85.67                        599                     41.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2009                                                                    233             59,411,514.06                       4.88                      8.745                       357                      83.69                      86.54                        604                     42.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2009                                                                   126             33,157,144.81                       2.73                      8.389                       358                      80.05                      83.44                        612                     41.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2009                                                                   585            155,417,140.06                      12.77                      7.768                       359                      81.39                      87.65                        630                     41.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2009                                                                    16              4,154,560.40                       0.34                      7.958                       360                      86.23                      91.36                        627                     42.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AK                                                                           22             $5,336,748.71                      0.44%                     8.493%                       359                     83.65%                     93.41%                        616                    45.06%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL                                                                           47              5,573,628.07                       0.46                      9.186                       358                      83.77                      88.10                        586                     38.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR                                                                           39              4,563,046.14                       0.38                      8.655                       358                      82.09                      92.36                        627                     38.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                          187             38,329,366.05                       3.15                      8.111                       357                      79.59                      83.56                        614                     40.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                        1,004            337,792,367.11                      27.76                      7.860                       358                      79.43                      85.41                        627                     41.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO                                                                           62             12,248,371.71                       1.01                      8.349                       358                      85.21                      91.01                        612                     39.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT                                                                           55             11,401,966.20                       0.94                      8.567                       358                      80.74                      82.95                        595                     42.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC                                                                            9              2,645,979.98                       0.22                      8.092                       359                      73.97                      77.89                        629                     33.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE                                                                           17              3,159,225.43                       0.26                      8.771                       359                      82.87                      85.30                        580                     40.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                          623            122,571,410.10                      10.07                      8.490                       358                      79.59                      83.06                        603                     41.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA                                                                          119             19,585,709.48                       1.61                      8.861                       358                      83.66                      89.42                        607                     40.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                           70             24,329,777.92                       2.00                      7.603                       358                      79.13                      86.00                        647                     43.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA                                                                           24              3,331,198.28                       0.27                      8.585                       358                      85.45                      93.52                        626                     42.94
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID                                                                           24              4,189,879.55                       0.34                      8.314                       358                      80.16                      82.84                        593                     37.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                          251             53,312,903.99                       4.38                      8.435                       358                      83.77                      87.76                        615                     41.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN                                                                           59              5,839,878.08                       0.48                      9.305                       358                      86.84                      87.98                        602                     38.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS                                                                           20              1,858,149.05                       0.15                      9.500                       358                      85.02                      89.06                        593                     36.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY                                                                           22              2,393,505.13                       0.20                      9.031                       358                      82.06                      85.82                        596                     41.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
LA                                                                           17              1,749,513.43                       0.14                      8.872                       340                      78.68                      81.96                        606                     37.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                          152             39,559,426.01                       3.25                      8.342                       358                      78.83                      81.76                        618                     41.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD                                                                          195             48,874,906.07                       4.02                      8.300                       358                      80.86                      84.52                        601                     42.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME                                                                           39              6,262,499.53                       0.51                      8.851                       358                      82.40                      85.68                        594                     41.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                          110             13,574,096.64                       1.12                      8.951                       358                      83.38                      87.41                        602                     39.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN                                                                           94             16,039,273.68                       1.32                      8.411                       358                      82.28                      91.18                        622                     41.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO                                                                           37              4,492,601.36                       0.37                      9.182                       355                      85.31                      88.50                        587                     38.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MS                                                                           21              2,695,303.08                       0.22                      9.409                       352                      83.52                      87.50                        578                     39.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MT                                                                            6                828,080.08                       0.07                      8.783                       358                      77.67                      93.47                        599                     38.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC                                                                           33              5,162,414.43                       0.42                      8.904                       355                      84.99                      88.40                        615                     38.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ND                                                                            4                471,101.72                       0.04                      8.778                       359                      85.93                      89.95                        605                     44.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE                                                                           14              1,574,882.65                       0.13                      9.155                       359                      90.33                      93.24                        615                     40.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH                                                                           12              3,401,658.46                       0.28                      8.352                       358                      82.72                      87.44                        600                     42.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                          280             78,715,545.28                       6.47                      8.389                       358                      81.76                      85.14                        625                     42.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM                                                                           45              7,867,212.48                       0.65                      9.026                       358                      84.21                      85.97                        588                     39.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV                                                                           78             17,572,383.78                       1.44                      8.248                       358                      78.21                      84.32                        613                     37.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                          340            113,074,672.51                       9.29                      8.088                       358                      80.36                      84.99                        625                     42.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH                                                                           86              9,991,457.27                       0.82                      8.924                       358                      85.83                      89.79                        598                     39.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK                                                                           20              2,275,209.60                       0.19                      9.241                       358                      89.09                      94.31                        622                     39.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR                                                                           58             11,932,611.38                       0.98                      8.350                       358                      83.56                      87.74                        609                     41.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA                                                                          184             27,082,198.93                       2.23                      8.660                       358                      82.15                      85.82                        600                     39.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI                                                                           36              8,780,001.50                       0.72                      8.296                       358                      82.90                      86.99                        619                     41.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC                                                                           56              8,625,982.26                       0.71                      8.931                       358                      83.37                      86.64                        579                     37.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SD                                                                            2                193,619.08                       0.02                      8.820                       359                      92.98                      92.98                        599                     30.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN                                                                           48              5,935,820.06                       0.49                      9.128                       358                      84.76                      90.35                        584                     38.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                          408             52,994,349.48                       4.36                      8.800                       353                      81.00                      87.00                        610                     39.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT                                                                           46              9,097,832.37                       0.75                      8.394                       359                      79.93                      86.25                        613                     39.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA                                                                           74             15,356,472.34                       1.26                      8.477                       358                      78.40                      80.82                        584                     42.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VT                                                                            2                649,936.19                       0.05                      8.959                       358                      85.00                      85.00                        608                     40.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA                                                                          116             29,994,367.01                       2.47                      8.059                       358                      82.99                      86.36                        610                     39.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI                                                                           86             12,472,901.14                       1.03                      8.662                       358                      83.78                      88.03                        599                     39.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV                                                                            7                806,635.90                       0.07                      9.123                       358                      84.71                      89.22                        599                     43.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WY                                                                            1                 66,767.99                       0.01                      9.625                       359                      80.00                      80.00                        510                     20.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 51


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                         436            $84,845,256.66                      6.97%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                         4,794          1,102,571,422.82                      90.62                      8.195                       358                      80.53                      85.54                        613                     41.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home                                                                 131             29,218,165.19                       2.40                      8.705                       358                      82.08                      90.17                        647                     41.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One Family                                                                3,942           $860,878,106.74                     70.76%                     8.274%                       358                     80.66%                     85.11%                        612                    41.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Detached                                                                550            132,814,009.29                      10.92                      8.207                       358                      82.36                      88.86                        618                     40.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                    378            116,040,683.33                       9.54                      8.284                       358                      79.22                      83.26                        633                     42.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                       350             75,478,127.07                       6.20                      8.298                       358                      81.33                      87.22                        635                     41.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Attached                                                                138             30,779,935.24                       2.53                      8.373                       358                      82.76                      87.83                        611                     42.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Modular Home                                                                  3                643,983.00                       0.05                      8.659                       358                      78.84                      78.84                        588                     42.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                  2,943           $681,330,421.84                     56.00%                     8.314%                       357                     78.72%                     78.95%                        597                    41.01%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                  1,882            411,436,620.24                      33.82                      8.278                       358                      83.78                      95.38                        646                     41.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rate/Term                                                                   536            123,867,802.59                      10.18                      8.024                       358                      82.34                      89.11                        616                     42.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                        3,296           $696,919,106.34                     57.28%                     8.013%                       358                     80.87%                     85.03%                        603                    41.19%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation                                                        80             20,292,544.68                       1.67                      8.121                       359                      78.28                      84.23                        608                     40.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                      1,985            499,423,193.65                      41.05                      8.640                       358                      80.80                      86.30                        633                     41.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                         1,762           $402,378,186.92                     33.07%                     8.648%                       358                     81.82%                     85.83%                        618                    41.37%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                          336            109,028,844.74                       8.96                      8.214                       358                      81.03                      86.17                        621                     42.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                        2,346            508,680,710.56                      41.81                      8.118                       358                      80.39                      85.62                        609                     41.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                          917            196,547,102.45                      16.15                      7.933                       357                      79.65                      84.40                        626                     40.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 25


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                5,188         $1,205,183,168.89                     99.06%                     8.252%                       358                     80.62%                     85.40%                        615                    41.39%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Lien                                                                 173             11,451,675.78                       0.94                     10.344                       357                      99.91                      99.91                        672                     39.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
less than or equal to 500                                                    21             $4,264,537.46                      0.35%                     9.125%                       358                     76.06%                     76.51%                        500                    41.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525                                                                   464             87,236,148.23                       7.17                      9.343                       357                      74.92                      75.41                        513                     42.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550                                                                   487             95,260,616.38                       7.83                      8.969                       357                      75.88                      76.67                        538                     42.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575                                                                   667            135,266,241.12                      11.12                      8.745                       358                      78.54                      79.02                        562                     41.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                   675            148,413,847.89                      12.20                      8.461                       357                      81.30                      82.13                        589                     42.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625                                                                   911            212,585,320.87                      17.47                      8.093                       358                      82.05                      86.86                        613                     41.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650                                                                   831            194,066,902.41                      15.95                      7.994                       358                      82.88                      89.84                        638                     41.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675                                                                   628            161,138,576.28                      13.24                      7.851                       358                      82.12                      91.38                        662                     40.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700                                                                   332             81,062,687.37                       6.66                      7.827                       359                      82.68                      91.59                        688                     41.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
701 - 725                                                                   164             46,505,434.10                       3.82                      7.646                       358                      83.49                      91.76                        712                     41.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
726 - 750                                                                   106             31,209,287.32                       2.57                      7.666                       358                      83.06                      93.41                        738                     41.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
751 - 775                                                                    45             11,819,449.14                       0.97                      7.936                       358                      82.21                      91.51                        760                     40.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
776 - 800                                                                    21              6,012,172.43                       0.49                      7.329                       359                      80.60                      87.52                        781                     36.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
801 - 825                                                                     9              1,793,623.67                       0.15                      7.302                       358                      74.10                      80.10                        805                     44.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 813
Weighted Average: 616


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                128            $25,067,331.00                      2.06%                     8.255%                       356                     78.78%                     81.28%                        628                    14.01%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99                                                               209             36,972,563.24                       3.04                      8.466                       356                      77.85                      81.93                        618                     22.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                               363             65,516,146.73                       5.39                      8.332                       357                      78.14                      80.83                        616                     27.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                               589            112,346,111.58                       9.23                      8.315                       357                      78.80                      82.40                        610                     32.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                               875            191,252,450.97                      15.72                      8.286                       358                      80.68                      85.22                        621                     37.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                             1,189            283,726,037.16                      23.32                      8.271                       358                      81.80                      87.07                        619                     42.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                             1,750            442,100,974.04                      36.34                      8.257                       358                      82.78                      88.49                        616                     47.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                               258             59,653,229.95                       4.90                      8.084                       358                      71.16                      72.55                        582                     52.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    5,361         $1,216,634,844.67                    100.00%                     8.272%                       358                     80.80%                     85.54%                        616                    41.37%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0.06
Maximum: 55.00
Weighted Average: 41.37


arm


Carrington Mortgage Loan Trust, Series 2006-NC5
Adjustable Rate Loans

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 4,362
Aggregate Principal Balance ($): 1,041,639,044
Weighted Average Current Mortgage Rate (%): 8.253
Weighted Average Margin (%): 6.213
Weighted Average Maximum Rate (%): 15.247
Weighted Average Months to Roll: 27
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 358
Weighted Average Combined Original LTV (%): 86.12
% First Liens: 100.00
% Owner Occupied: 90.08
% Purchase: 35.39
% Full Documentation: 54.81
Non-Zero Weighted Average FICO Score: 614


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM                                                                   1,264           $223,779,826.73                     21.48%                     8.572%                       359                     80.79%                     85.39%                        609                    40.07%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM 5Y-IO                                                               684            197,302,376.34                      18.94                      7.631                       359                      82.27                      92.00                        644                     41.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM                                                                     360             74,026,911.47                       7.11                      8.741                       358                      83.71                      87.20                        603                     40.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM 5Y-IO                                                               266             83,945,794.29                       8.06                      7.469                       359                      83.20                      90.76                        650                     41.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2/1 ARM                                                             1,391            354,000,957.62                      33.98                      8.496                       358                      80.11                      82.73                        597                     42.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3/1 ARM                                                               397            108,583,177.21                      10.42                      8.210                       358                      79.52                      83.62                        609                     42.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500                                                                 1               $252,000.00                      0.02%                     5.500%                       359                     80.00%                    100.00%                        641                    44.04%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                60             20,617,019.15                       1.98                      5.856                       359                      77.14                      82.93                        660                     41.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                               131             41,017,340.33                       3.94                      6.315                       359                      78.84                      85.89                        655                     40.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               340            103,727,048.11                       9.96                      6.820                       359                      78.56                      86.08                        640                     41.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               467            126,918,835.33                      12.18                      7.314                       359                      79.21                      88.21                        639                     42.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               745            186,569,157.18                      17.91                      7.786                       358                      80.05                      87.08                        623                     41.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               586            140,348,667.73                      13.47                      8.289                       358                      81.24                      86.66                        617                     42.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               725            166,230,690.54                      15.96                      8.785                       358                      82.65                      85.68                        600                     41.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               505            102,269,161.21                       9.82                      9.277                       358                      83.26                      85.11                        586                     41.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              446             88,982,342.26                       8.54                      9.764                       358                      83.49                      84.35                        583                     41.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                             178             32,703,130.04                       3.14                     10.275                       358                      84.26                      85.11                        581                     40.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                             118             23,031,667.06                       2.21                     10.746                       358                      84.84                      85.18                        578                     39.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                              34              4,954,288.49                       0.48                     11.185                       358                      80.75                      81.00                        568                     38.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                              19              3,103,850.56                       0.30                     11.651                       358                      80.08                      80.08                        562                     38.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               5                685,053.11                       0.07                     12.275                       358                      76.05                      76.05                        540                     33.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                               2                228,792.56                       0.02                     12.625                       356                      43.99                      43.99                        549                     28.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.500%
Maximum: 12.625%
Weighted Average: 8.253%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.01 - 50,000.00                                                             14               $699,089.97                      0.07%                     9.148%                       359                     54.29%                     54.29%                        573                    32.31%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                      501             40,152,100.48                       3.85                      9.113                       358                      79.98                      83.99                        589                     37.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                     824            103,855,132.84                       9.97                      8.663                       358                      79.60                      84.66                        601                     39.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                     778            136,356,046.18                      13.09                      8.494                       359                      79.10                      84.28                        602                     40.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00                                                     621            139,621,745.26                      13.40                      8.311                       358                      79.29                      84.19                        608                     41.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00                                                     459            126,224,485.75                      12.12                      8.233                       358                      80.90                      85.17                        610                     41.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00                                                     302             97,729,362.74                       9.38                      8.210                       358                      82.39                      87.15                        614                     42.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00                                                     304            114,131,587.31                      10.96                      7.932                       358                      81.18                      86.36                        619                     43.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00                                                     209             88,387,674.61                       8.49                      7.977                       358                      83.87                      88.52                        631                     42.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00                                                     153             72,872,384.48                       7.00                      7.913                       358                      82.97                      88.51                        627                     43.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00                                                      71             37,394,813.52                       3.59                      8.071                       359                      83.35                      89.66                        626                     43.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00                                                      44             25,283,071.11                       2.43                      8.276                       358                      85.03                      89.92                        632                     42.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00                                                      30             18,747,773.27                       1.80                      8.009                       359                      82.48                      88.51                        639                     42.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00                                                      21             14,164,052.19                       1.36                      7.827                       358                      86.12                      89.92                        648                     40.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00                                                      15             10,887,371.53                       1.05                      7.922                       358                      80.02                      88.89                        649                     38.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00                                                       3              2,322,261.59                       0.22                      8.187                       358                      80.00                      93.11                        628                     45.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
800,000.01 - 850,000.00                                                       4              3,369,564.38                       0.32                      8.814                       359                      86.56                      91.53                        651                     40.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
850,000.01 - 900,000.00                                                       1                879,711.04                       0.08                      7.525                       359                      89.98                      89.98                        627                     39.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
900,000.01 - 950,000.00                                                       1                919,311.74                       0.09                      8.500                       357                      80.00                      80.00                        634                     42.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
950,000.01 - 1,000,000.00                                                     2              1,979,999.99                       0.19                      7.710                       359                      81.68                      98.74                        607                     35.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to                                         5              5,661,503.68                       0.54                      7.307                       358                      76.30                      80.33                        645                     38.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $49,488.61
Maximum: $1,248,170.35
Weighted Average: $238,798.50


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                 4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 360
Maximum: 360
Weighted Average: 360


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                 4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 354
Maximum: 360
Weighted Average: 358


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.01 - 10.00                                                                  1                $49,990.87                      0.00%                     9.525%                       359                      7.87%                      7.87%                        502                    48.02%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.01 - 20.00                                                                 5                445,683.44                       0.04                      8.440                       358                      18.88                      18.88                        696                     37.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.01 - 25.00                                                                 2                145,877.47                       0.01                      9.552                       358                      23.19                      23.19                        531                     43.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00                                                                 5                652,478.31                       0.06                      8.503                       358                      28.13                      28.13                        585                     29.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00                                                                16              2,345,163.50                       0.23                      8.520                       358                      33.06                      33.06                        596                     33.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00                                                                18              3,004,122.99                       0.29                      7.869                       359                      37.59                      37.59                        583                     41.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00                                                                35              6,201,547.91                       0.60                      8.012                       358                      43.14                      43.14                        587                     36.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00                                                                44              8,285,847.90                       0.80                      7.856                       359                      47.82                      47.82                        584                     41.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00                                                                63             12,871,658.24                       1.24                      8.093                       358                      52.67                      52.67                        575                     39.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00                                                                94             19,003,804.97                       1.82                      7.993                       358                      58.22                      58.22                        568                     41.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00                                                               146             31,696,852.39                       3.04                      8.065                       358                      63.29                      63.29                        579                     39.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00                                                               223             53,574,216.48                       5.14                      8.194                       358                      68.83                      68.83                        587                     41.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00                                                               279             65,668,537.34                       6.30                      8.357                       358                      73.89                      73.93                        582                     41.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00                                                               532            121,980,243.25                      11.71                      8.382                       358                      79.39                      79.41                        588                     40.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00                                                               537            127,653,394.50                      12.26                      8.521                       358                      84.38                      84.48                        586                     41.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00                                                               866            211,275,893.82                      20.28                      8.594                       358                      89.54                      89.62                        616                     41.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                               434            113,555,248.01                      10.90                      8.529                       358                      93.59                      94.82                        635                     42.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                            1,062            263,228,482.27                      25.27                      7.725                       359                      80.81                      99.96                        655                     42.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 7.87%
Maximum: 100.00%
Weighted Average: 86.12%


8. Current Gross Margin (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500                                                                 7             $1,041,852.98                      0.10%                     9.550%                       359                     82.97%                     82.97%                        559                    43.73%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                               861            216,870,141.50                      20.82                      7.828                       358                      81.67                      88.42                        632                     41.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                             2,932            695,271,545.56                      66.75                      8.239                       358                      82.01                      87.31                        616                     41.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               346             84,233,380.64                       8.09                      8.883                       358                      77.29                      77.95                        582                     42.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               202             41,662,424.73                       4.00                      9.326                       358                      71.26                      71.35                        560                     40.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                12              2,054,753.70                       0.20                      9.284                       358                      74.10                      74.10                        567                     41.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                 2                504,944.55                       0.05                     10.104                       356                      80.75                      80.75                        552                     50.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.400%
Maximum: 8.850%
Non-Zero Weighted Average: 6.213%


9. Minimum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                24             $7,866,281.45                      0.76%                     5.806%                       359                     78.79%                     86.24%                        675                    42.39%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                               164             52,415,452.61                       5.03                      6.207                       359                      78.30                      84.93                        654                     40.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               341            104,610,277.00                      10.04                      6.812                       359                      78.57                      86.10                        641                     41.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               470            127,640,231.86                      12.25                      7.311                       359                      79.15                      88.11                        638                     42.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               745            186,569,157.18                      17.91                      7.786                       358                      80.05                      87.08                        623                     41.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               587            140,475,542.57                      13.49                      8.290                       358                      81.25                      86.67                        617                     42.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               725            166,230,690.54                      15.96                      8.785                       358                      82.65                      85.68                        600                     41.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               504            102,142,286.37                       9.81                      9.277                       358                      83.25                      85.10                        586                     41.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              445             88,930,365.76                       8.54                      9.764                       358                      83.49                      84.35                        583                     41.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                             178             32,703,130.04                       3.14                     10.275                       358                      84.26                      85.11                        581                     40.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                             118             23,031,667.06                       2.21                     10.746                       358                      84.84                      85.18                        578                     39.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                              35              5,006,264.99                       0.48                     11.171                       358                      80.74                      80.99                        568                     38.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                              19              3,103,850.56                       0.30                     11.651                       358                      80.08                      80.08                        562                     38.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               5                685,053.11                       0.07                     12.275                       358                      76.05                      76.05                        540                     33.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                               2                228,792.56                       0.02                     12.625                       356                      43.99                      43.99                        549                     28.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.900%
Maximum: 12.625%
Non-Zero Weighted Average: 8.259%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               1               $252,000.00                      0.02%                     5.500%                       359                     80.00%                    100.00%                        641                    44.04%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                              61             20,787,874.78                       2.00                      5.864                       359                      77.23                      82.97                        660                     41.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500                                                             136             41,363,825.77                       3.97                      6.334                       359                      78.77                      85.64                        655                     40.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000                                                             345            104,627,683.44                      10.04                      6.824                       359                      78.55                      86.13                        640                     41.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500                                                             468            127,431,327.18                      12.23                      7.323                       359                      79.31                      88.31                        639                     42.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000                                                             744            186,656,524.87                      17.92                      7.790                       358                      80.10                      87.12                        623                     41.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500                                                             586            140,358,928.83                      13.47                      8.297                       358                      81.21                      86.59                        616                     42.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000                                                             727            166,209,993.06                      15.96                      8.789                       358                      82.61                      85.64                        600                     41.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500                                                             499            101,215,776.74                       9.72                      9.280                       358                      83.24                      85.14                        586                     41.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000                                                             441             88,843,553.03                       8.53                      9.772                       358                      83.50                      84.31                        583                     41.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500                                                             177             32,519,356.12                       3.12                     10.274                       358                      84.29                      85.05                        581                     40.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000                                                             116             22,348,238.62                       2.15                     10.741                       358                      84.92                      85.28                        579                     39.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500                                                              35              5,006,264.99                       0.48                     11.171                       358                      80.74                      80.99                        568                     38.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000                                                              19              3,103,850.56                       0.30                     11.651                       358                      80.08                      80.08                        562                     38.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
19.001 - 19.500                                                               5                685,053.11                       0.07                     12.275                       358                      76.05                      76.05                        540                     33.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
19.501 - 20.000                                                               2                228,792.56                       0.02                     12.625                       356                      43.99                      43.99                        549                     28.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 12.500%
Maximum: 19.625%
Non-Zero Weighted Average: 15.247%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   37             $6,136,689.78                      0.59%                     8.864%                       358                     83.45%                     86.79%                        593                    41.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                           3                634,494.34                       0.06                     10.027                       357                      82.03                      82.03                        621                     46.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2                                                                         4,322          1,034,867,859.54                      99.35                      8.249                       358                      81.10                      86.11                        614                     41.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 2.000%
Non-Zero Weighted Average: 1.994%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   41             $6,640,827.99                      0.64%                     8.901%                       358                     83.26%                     87.14%                        593                    41.16%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                       4,321          1,034,998,215.67                      99.36                      8.249                       358                      81.10                      86.11                        614                     41.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 1.500%
Non-Zero Weighted Average: 1.497%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                    1               $110,904.76                      0.01%                    10.400%                       354                     67.27%                     67.27%                        508                    26.29%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2008                                                                      8              1,775,350.25                       0.17                      8.829                       355                      81.08                      87.70                        620                     44.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2008                                                                     58             13,024,518.92                       1.25                      9.041                       356                      80.99                      83.09                        608                     43.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2008                                                                    170             44,272,320.66                       4.25                      8.924                       357                      83.32                      86.30                        600                     42.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2008                                                                 1,221            293,396,263.87                      28.17                      8.306                       358                      80.57                      85.49                        611                     41.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2008                                                                 1,861            417,598,032.23                      40.09                      8.201                       359                      80.80                      86.12                        614                     41.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2008                                                                    20              4,905,770.00                       0.47                      8.116                       360                      80.34                      88.63                        628                     43.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2009                                                                      4                938,455.08                       0.09                      8.335                       355                      85.97                      93.87                        623                     41.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2009                                                                     59             13,477,068.56                       1.29                      8.887                       356                      81.69                      85.67                        599                     41.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2009                                                                    233             59,411,514.06                       5.70                      8.745                       357                      83.69                      86.54                        604                     42.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2009                                                                   126             33,157,144.81                       3.18                      8.389                       358                      80.05                      83.44                        612                     41.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2009                                                                   585            155,417,140.06                      14.92                      7.768                       359                      81.39                      87.65                        630                     41.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2009                                                                    16              4,154,560.40                       0.40                      7.958                       360                      86.23                      91.36                        627                     42.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AK                                                                           22             $5,336,748.71                      0.51%                     8.493%                       359                     83.65%                     93.41%                        616                    45.06%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL                                                                           40              4,786,318.51                       0.46                      9.113                       358                      83.76                      87.45                        586                     37.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR                                                                           25              3,183,189.98                       0.31                      8.766                       358                      80.69                      89.58                        617                     40.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                          160             34,911,747.19                       3.35                      8.094                       358                      79.57                      83.92                        614                     40.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                          859            302,119,698.79                      29.00                      7.873                       358                      79.59                      86.05                        625                     42.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO                                                                           54             11,251,291.01                       1.08                      8.311                       358                      85.13                      90.86                        611                     39.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT                                                                           45              8,807,282.32                       0.85                      8.665                       358                      81.23                      83.60                        594                     42.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC                                                                            4              1,379,246.11                       0.13                      7.580                       359                      73.50                      73.50                        606                     36.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE                                                                           15              2,906,046.65                       0.28                      8.830                       359                      82.33                      84.97                        579                     40.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                          496            102,900,368.80                       9.88                      8.509                       359                      80.39                      84.04                        601                     41.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA                                                                           90             15,873,450.17                       1.52                      8.715                       358                      84.25                      89.56                        605                     39.94
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                           48             16,861,088.94                       1.62                      7.607                       358                      80.12                      87.88                        646                     43.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA                                                                           22              3,167,837.30                       0.30                      8.574                       358                      85.61                      93.44                        626                     43.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID                                                                           22              3,886,941.49                       0.37                      8.314                       358                      79.84                      82.31                        597                     37.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                          220             48,537,794.75                       4.66                      8.338                       358                      83.81                      87.85                        617                     41.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN                                                                           49              4,989,458.73                       0.48                      9.249                       358                      87.17                      88.51                        602                     38.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS                                                                           15              1,528,357.45                       0.15                      9.364                       358                      85.08                      90.00                        598                     37.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY                                                                           16              1,657,315.58                       0.16                      9.109                       358                      81.82                      87.24                        573                     40.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
LA                                                                           13              1,459,299.53                       0.14                      8.723                       358                      79.98                      83.91                        611                     38.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                          128             33,508,355.11                       3.22                      8.374                       358                      78.82                      81.52                        613                     41.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD                                                                          167             43,377,968.70                       4.16                      8.241                       359                      81.27                      85.19                        600                     42.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME                                                                           37              6,136,689.78                       0.59                      8.864                       358                      83.45                      86.79                        593                     41.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                           94             11,877,701.22                       1.14                      8.920                       358                      83.70                      87.75                        599                     39.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN                                                                           76             13,937,024.94                       1.34                      8.354                       359                      81.77                      91.54                        622                     42.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO                                                                           33              4,123,337.63                       0.40                      9.113                       358                      85.65                      89.13                        589                     38.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MS                                                                           16              2,009,891.67                       0.19                      9.080                       359                      82.07                      87.21                        585                     41.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MT                                                                            5                768,141.79                       0.07                      8.593                       358                      80.74                      97.78                        606                     38.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC                                                                           27              4,327,439.40                       0.42                      8.771                       358                      85.68                      89.75                        625                     37.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ND                                                                            4                471,101.72                       0.05                      8.778                       359                      85.93                      89.95                        605                     44.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE                                                                           12              1,394,922.18                       0.13                      8.968                       359                      90.37                      93.66                        617                     39.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH                                                                           11              3,208,656.21                       0.31                      8.446                       358                      82.29                      87.28                        600                     42.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                          249             71,022,893.84                       6.82                      8.396                       358                      82.09                      85.42                        624                     42.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM                                                                           37              6,841,713.82                       0.66                      8.967                       358                      85.17                      86.82                        587                     39.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV                                                                           69             16,226,517.67                       1.56                      8.224                       358                      78.82                      85.19                        610                     37.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                          257             87,641,641.82                       8.41                      8.078                       358                      80.77                      85.44                        621                     43.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH                                                                           71              8,020,038.31                       0.77                      8.925                       358                      85.05                      89.40                        598                     39.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK                                                                           17              1,952,795.41                       0.19                      9.092                       358                      88.26                      94.34                        620                     39.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR                                                                           47             10,371,523.69                       1.00                      8.390                       358                      83.45                      88.26                        608                     41.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA                                                                          154             22,823,203.85                       2.19                      8.661                       359                      83.29                      87.08                        598                     39.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI                                                                           34              8,344,791.15                       0.80                      8.228                       359                      82.68                      86.98                        620                     40.94
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC                                                                           42              6,795,414.32                       0.65                      8.827                       358                      84.57                      87.82                        580                     37.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SD                                                                            1                115,359.27                       0.01                      8.800                       359                      95.00                      95.00                        584                     25.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN                                                                           37              5,051,013.03                       0.48                      9.022                       358                      84.44                      90.55                        583                     37.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                          219             32,937,894.60                       3.16                      8.700                       358                      81.40                      89.13                        616                     39.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT                                                                           42              8,508,905.72                       0.82                      8.417                       359                      79.72                      86.05                        614                     39.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA                                                                           67             14,412,210.11                       1.38                      8.506                       358                      78.57                      81.15                        582                     42.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VT                                                                            2                649,936.19                       0.06                      8.959                       358                      85.00                      85.00                        608                     40.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA                                                                          105             26,983,770.81                       2.59                      8.066                       358                      83.67                      87.11                        607                     40.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI                                                                           81             11,550,112.93                       1.11                      8.669                       358                      83.61                      88.20                        600                     38.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV                                                                            5                637,826.77                       0.06                      9.457                       358                      83.72                      88.61                        591                     43.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WY                                                                            1                 66,767.99                       0.01                      9.625                       359                      80.00                      80.00                        510                     20.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 51


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                         383            $78,608,835.09                      7.55%                     9.145%                       358                     84.14%                     84.31%                        647                    38.12%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                         3,875            938,304,034.89                      90.08                      8.166                       358                      80.81                      86.14                        611                     41.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home                                                                 104             24,726,173.68                       2.37                      8.724                       358                      82.68                      90.92                        644                     42.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One Family                                                                3,190           $729,685,274.45                     70.05%                     8.253%                       358                     81.00%                     85.77%                        610                    41.54%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Detached                                                                427            115,469,944.82                      11.09                      8.156                       358                      82.32                      89.06                        617                     40.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                    318            100,078,163.27                       9.61                      8.301                       358                      79.76                      83.60                        629                     42.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                       305             68,431,010.33                       6.57                      8.300                       358                      81.47                      87.75                        631                     41.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Attached                                                                120             27,558,817.79                       2.65                      8.371                       358                      82.95                      88.05                        610                     42.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Modular Home                                                                  2                415,833.00                       0.04                      9.026                       358                      81.06                      81.06                        572                     39.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                  2,360           $570,089,778.57                     54.73%                     8.324%                       358                     79.27%                     79.52%                        595                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                  1,581            368,637,582.05                      35.39                      8.226                       358                      83.51                      95.20                        643                     41.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rate/Term                                                                   421            102,911,683.04                       9.88                      7.962                       358                      82.70                      90.12                        617                     42.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                        2,561           $570,946,749.93                     54.81%                     7.973%                       358                     81.49%                     86.08%                        601                    41.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation                                                        66             16,718,910.24                       1.61                      8.062                       359                      77.63                      83.38                        607                     40.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                      1,735            453,973,383.49                      43.58                      8.614                       358                      80.76                      86.26                        631                     41.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                         1,456           $358,312,317.24                     34.40%                     8.609%                       358                     82.08%                     86.30%                        619                    41.37%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                          253             83,836,429.82                       8.05                      8.249                       358                      81.86                      87.16                        618                     43.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                        2,268            502,069,445.18                      48.20                      8.096                       358                      80.23                      85.49                        608                     41.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                          385             97,420,851.42                       9.35                      7.760                       358                      81.41                      87.76                        625                     41.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 24


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
less than or equal to 500                                                    19             $4,017,943.60                      0.39%                     9.108%                       358                     75.64%                     76.12%                        500                    40.93%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525                                                                   379             74,500,092.98                       7.15                      9.285                       358                      75.04                      75.55                        513                     42.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550                                                                   395             81,247,074.97                       7.80                      8.893                       358                      76.21                      76.94                        538                     42.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575                                                                   562            119,354,841.86                      11.46                      8.722                       358                      78.99                      79.48                        562                     41.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                   568            130,370,569.96                      12.52                      8.484                       358                      82.09                      83.03                        589                     42.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625                                                                   757            184,705,285.03                      17.73                      8.082                       358                      82.59                      87.72                        612                     41.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650                                                                   672            166,206,469.24                      15.96                      7.959                       358                      83.00                      90.52                        638                     41.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675                                                                   514            141,429,618.21                      13.58                      7.826                       358                      82.18                      91.97                        661                     40.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700                                                                   244             66,179,352.24                       6.35                      7.791                       359                      82.67                      92.73                        688                     41.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
701 - 725                                                                   126             37,282,008.74                       3.58                      7.582                       358                      83.97                      93.03                        712                     41.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
726 - 750                                                                    70             21,607,257.95                       2.07                      7.577                       359                      83.20                      93.52                        737                     42.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
751 - 775                                                                    32              8,724,094.17                       0.84                      8.012                       358                      81.98                      91.85                        760                     38.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
776 - 800                                                                    16              4,472,384.06                       0.43                      7.427                       359                      82.79                      90.56                        781                     34.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
801 - 825                                                                     8              1,542,050.65                       0.15                      7.408                       358                      73.14                      76.86                        806                     44.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 813
Weighted Average: 614


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                 98            $20,353,330.16                      1.95%                     8.250%                       358                     79.96%                     82.36%                        626                    13.96%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99                                                               154             29,151,607.12                       2.80                      8.501                       359                      78.53                      82.99                        615                     22.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                               287             52,902,890.72                       5.08                      8.302                       358                      78.94                      81.98                        613                     27.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                               452             92,692,955.65                       8.90                      8.319                       358                      79.31                      83.28                        610                     32.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                               718            166,277,710.85                      15.96                      8.236                       358                      80.72                      85.75                        621                     37.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                               991            248,138,742.88                      23.82                      8.274                       358                      81.71                      87.22                        617                     42.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                             1,464            385,884,956.94                      37.05                      8.222                       358                      82.97                      88.75                        615                     47.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                               198             46,236,849.34                       4.44                      8.124                       358                      71.93                      73.54                        575                     53.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    4,362         $1,041,639,043.66                    100.00%                     8.253%                       358                     81.11%                     86.12%                        614                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0.06
Maximum: 55.00
Weighted Average: 41.50


fixed


Carrington Mortgage Loan Trust, Series 2006-NC5
Fixed Rate Loans

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 999
Aggregate Principal Balance ($): 174,995,801
Weighted Average Current Mortgage Rate (%): 8.384
Weighted Average Margin (%): 0.000
Weighted Average Maximum Rate (%): 0.000
Weighted Average Months to Roll: 0
Weighted Average Stated Original Term (months): 356
Weighted Average Stated Remaining Term (months): 354
Weighted Average Combined Original LTV (%): 82.12
% First Liens: 93.46
% Owner Occupied: 93.87
% Purchase: 24.46
% Full Documentation: 71.99
Non-Zero Weighted Average FICO Score: 625


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10 Fixed                                                                      2                $99,732.58                      0.06%                     7.712%                       118                     76.56%                     76.56%                        606                    27.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15 Fixed                                                                     20              2,278,301.70                       1.30                      8.508                       179                      64.00                      64.89                        585                     30.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20 Fixed                                                                     15              1,888,365.73                       1.08                      8.850                       238                      71.83                      71.83                        579                     37.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed                                                                    581             81,429,191.56                      46.53                      8.741                       358                      80.40                      82.48                        619                     39.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 5Y-IO                                                               27              5,855,533.83                       3.35                      7.897                       358                      82.07                      90.56                        646                     42.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed                                                                 354             83,444,675.61                      47.68                      8.057                       358                      77.91                      81.88                        631                     41.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      999           $174,995,801.01                    100.00%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                40            $13,257,091.26                      7.58%                     6.498%                       358                     74.49%                     74.98%                        677                    42.08%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                78             22,738,259.71                      12.99                      6.808                       356                      75.43                      78.57                        658                     40.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                74             20,643,543.75                      11.80                      7.311                       356                      73.75                      75.62                        635                     39.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               112             23,862,658.79                      13.64                      7.825                       352                      77.24                      82.48                        633                     41.94
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                                96             17,650,014.64                      10.09                      8.293                       354                      77.99                      85.96                        634                     42.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               124             22,340,293.03                      12.77                      8.768                       353                      80.26                      85.51                        618                     39.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               101             14,721,444.40                       8.41                      9.245                       353                      81.48                      83.97                        603                     41.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              162             17,881,918.39                      10.22                      9.783                       356                      83.11                      83.56                        587                     40.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                              78              8,429,702.80                       4.82                     10.285                       355                      85.39                      85.96                        581                     37.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              77              7,816,307.83                       4.47                     10.731                       353                      86.97                      87.32                        585                     41.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                              39              4,014,062.69                       2.29                     11.270                       354                      89.71                      89.71                        611                     41.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                              11              1,103,705.95                       0.63                     11.707                       358                      80.74                      80.74                        545                     38.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               7                536,797.77                       0.31                     12.248                       329                      85.07                      85.07                        638                     35.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      999           $174,995,801.01                    100.00%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 6.450%
Maximum: 12.500%
Weighted Average: 8.384%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.01 - 50,000.00                                                             79             $3,086,644.20                      1.76%                    10.041%                       347                     91.93%                     91.93%                        639                    38.52%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                      285             21,680,159.35                      12.39                      9.549                       351                      81.25                      82.23                        605                     37.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                     216             26,358,802.87                      15.06                      9.112                       348                      79.67                      82.79                        604                     38.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                     112             19,562,777.38                      11.18                      8.489                       356                      77.55                      79.79                        610                     40.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00                                                      97             21,716,973.65                      12.41                      8.269                       355                      76.03                      79.25                        612                     41.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00                                                      59             16,233,029.24                       9.28                      8.298                       358                      78.22                      82.62                        618                     43.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00                                                      43             13,991,893.34                       8.00                      7.920                       351                      78.15                      82.76                        640                     42.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00                                                      41             15,254,345.14                       8.72                      7.672                       358                      76.80                      81.17                        639                     43.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00                                                      20              8,694,847.64                       4.97                      7.422                       358                      79.54                      84.27                        665                     45.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00                                                      17              8,154,586.65                       4.66                      7.583                       358                      84.57                      86.89                        662                     42.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00                                                      10              5,185,271.49                       2.96                      7.556                       358                      84.88                      90.83                        649                     37.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00                                                       6              3,457,300.98                       1.98                      7.033                       358                      75.30                      78.65                        686                     39.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00                                                       4              2,521,488.29                       1.44                      7.642                       358                      81.53                      85.39                        631                     41.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00                                                       1                673,297.32                       0.38                      6.900                       357                      71.05                      71.05                        665                     51.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00                                                       3              2,200,473.98                       1.26                      7.324                       357                      70.45                      70.45                        612                     30.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00                                                       1                767,606.99                       0.44                      8.400                       358                      80.00                      80.00                        671                     37.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
800,000.01 - 850,000.00                                                       1                814,666.69                       0.47                      9.050                       357                      80.00                      80.00                        644                     48.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
950,000.01 - 1,000,000.00                                                     2              1,997,248.99                       1.14                      8.113                       358                      80.00                      90.00                        638                     44.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to                                         2              2,644,386.82                       1.51                      7.890                       358                      72.99                      72.99                        674                     28.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      999           $174,995,801.01                    100.00%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $29,946.46
Maximum: $1,497,652.63
Weighted Average: $175,170.97


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
61 - 120                                                                      2                $99,732.58                      0.06%                     7.712%                       118                     76.56%                     76.56%                        606                    27.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                    20              2,278,301.70                       1.30                      8.508                       179                      64.00                      64.89                        585                     30.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240                                                                    15              1,888,365.73                       1.08                      8.850                       238                      71.83                      71.83                        579                     37.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   962            170,729,401.00                      97.56                      8.378                       358                      79.24                      82.46                        626                     40.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      999           $174,995,801.01                    100.00%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 120
Maximum: 360
Weighted Average: 356


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
61 - 120                                                                      2                $99,732.58                      0.06%                     7.712%                       118                     76.56%                     76.56%                        606                    27.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                    20              2,278,301.70                       1.30                      8.508                       179                      64.00                      64.89                        585                     30.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240                                                                    15              1,888,365.73                       1.08                      8.850                       238                      71.83                      71.83                        579                     37.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   962            170,729,401.00                      97.56                      8.378                       358                      79.24                      82.46                        626                     40.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      999           $174,995,801.01                    100.00%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 118
Maximum: 360
Weighted Average: 354


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.01 - 10.00                                                                  1                $49,973.11                      0.03%                     9.075%                       359                     10.00%                     10.00%                        624                    29.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.01 - 15.00                                                                 1                 49,972.54                       0.03                      8.975                       359                      11.11                      11.11                        595                     32.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.01 - 25.00                                                                 2                207,116.59                       0.12                      7.015                       357                      21.99                      21.99                        664                     35.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00                                                                 5                489,220.89                       0.28                      9.168                       338                      26.38                      26.38                        592                     36.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00                                                                 4                293,866.45                       0.17                     10.465                       358                      33.06                      33.06                        539                     44.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00                                                                 4                369,788.91                       0.21                      8.855                       359                      38.51                      38.51                        612                     30.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00                                                                14              2,021,761.72                       1.16                      7.892                       350                      42.66                      42.66                        565                     37.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00                                                                26              3,841,776.90                       2.20                      7.821                       343                      47.63                      47.63                        596                     40.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00                                                                20              3,661,845.41                       2.09                      7.835                       348                      53.09                      53.09                        609                     38.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00                                                                39              9,357,666.13                       5.35                      7.256                       346                      58.73                      58.73                        628                     34.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00                                                                44              8,481,783.49                       4.85                      7.905                       349                      63.52                      63.52                        594                     40.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00                                                                49              8,388,211.48                       4.79                      8.206                       352                      68.57                      68.57                        600                     39.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00                                                                77             15,565,591.85                       8.89                      8.038                       354                      73.96                      73.96                        622                     42.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00                                                               138             25,846,749.40                      14.77                      8.558                       353                      79.48                      79.48                        598                     40.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00                                                               106             21,098,486.16                      12.06                      8.686                       356                      83.66                      84.43                        586                     41.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00                                                               117             24,129,403.68                      13.79                      8.519                       357                      89.50                      89.69                        629                     39.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                                62             12,513,826.80                       7.15                      8.038                       358                      94.54                      94.85                        647                     42.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                              290             38,628,759.50                      22.07                      8.797                       357                      86.33                      99.99                        676                     42.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      999           $174,995,801.01                    100.00%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 10.00%
Maximum: 100.00%
Weighted Average: 82.12%


8. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL                                                                            7               $787,309.56                      0.45%                     9.630%                       358                     83.84%                     92.07%                        584                    46.88%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR                                                                           14              1,379,856.16                       0.79                      8.398                       358                      85.32                      98.77                        652                     35.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                           27              3,417,618.86                       1.95                      8.275                       342                      79.88                      79.88                        612                     36.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                          145             35,672,668.32                      20.38                      7.751                       357                      78.01                      80.04                        649                     41.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO                                                                            8                997,080.70                       0.57                      8.785                       358                      86.15                      92.65                        623                     37.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT                                                                           10              2,594,683.88                       1.48                      8.233                       358                      79.08                      80.75                        597                     43.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC                                                                            5              1,266,733.87                       0.72                      8.650                       358                      74.47                      82.67                        655                     29.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE                                                                            2                253,178.78                       0.14                      8.092                       359                      89.13                      89.13                        591                     44.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                          127             19,671,041.30                      11.24                      8.392                       352                      75.41                      77.89                        615                     39.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA                                                                           29              3,712,259.31                       2.12                      9.487                       355                      81.11                      88.81                        619                     40.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                           22              7,468,688.98                       4.27                      7.594                       358                      76.91                      81.75                        648                     44.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA                                                                            2                163,360.98                       0.09                      8.789                       358                      82.43                      95.04                        634                     38.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID                                                                            2                302,938.06                       0.17                      8.318                       358                      84.28                      89.66                        548                     36.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                           31              4,775,109.24                       2.73                      9.417                       358                      83.30                      86.84                        594                     41.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN                                                                           10                850,419.35                       0.49                      9.635                       359                      84.87                      84.87                        601                     34.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS                                                                            5                329,791.60                       0.19                     10.126                       358                      84.71                      84.71                        567                     34.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY                                                                            6                736,189.55                       0.42                      8.854                       358                      82.61                      82.61                        648                     44.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
LA                                                                            4                290,213.90                       0.17                      9.623                       250                      72.15                      72.15                        582                     33.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                           24              6,051,070.90                       3.46                      8.160                       354                      78.92                      83.12                        643                     40.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD                                                                           28              5,496,937.37                       3.14                      8.768                       358                      77.58                      79.21                        609                     41.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME                                                                            2                125,809.75                       0.07                      8.222                       358                      31.36                      31.36                        618                     28.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                           16              1,696,395.42                       0.97                      9.167                       358                      81.15                      85.04                        623                     39.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN                                                                           18              2,102,248.74                       1.20                      8.789                       355                      85.64                      88.81                        625                     39.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO                                                                            4                369,263.73                       0.21                      9.954                       315                      81.51                      81.51                        560                     34.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MS                                                                            5                685,411.41                       0.39                     10.373                       332                      87.77                      88.36                        557                     33.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MT                                                                            1                 59,938.29                       0.03                     11.223                       357                      38.29                      38.29                        511                     39.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC                                                                            6                834,975.03                       0.48                      9.591                       341                      81.41                      81.41                        566                     44.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE                                                                            2                179,960.47                       0.10                     10.606                       359                      90.00                      90.00                        599                     48.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH                                                                            1                193,002.25                       0.11                      6.800                       357                      90.00                      90.00                        606                     43.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                           31              7,692,651.44                       4.40                      8.324                       358                      78.65                      82.49                        639                     45.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM                                                                            8              1,025,498.66                       0.59                      9.419                       359                      77.77                      80.29                        595                     39.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV                                                                            9              1,345,866.11                       0.77                      8.531                       358                      70.84                      73.78                        640                     41.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                           83             25,433,030.69                      14.53                      8.120                       357                      78.94                      83.41                        637                     41.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH                                                                           15              1,971,418.96                       1.13                      8.918                       358                      89.00                      91.35                        598                     37.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK                                                                            3                322,414.19                       0.18                     10.146                       358                      94.11                      94.11                        631                     44.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR                                                                           11              1,561,087.69                       0.89                      8.088                       358                      84.27                      84.27                        618                     41.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA                                                                           30              4,258,995.08                       2.43                      8.653                       356                      76.04                      79.06                        609                     37.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI                                                                            2                435,210.35                       0.25                      9.618                       358                      87.22                      87.22                        603                     45.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC                                                                           14              1,830,567.94                       1.05                      9.317                       358                      78.90                      82.27                        577                     36.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SD                                                                            1                 78,259.81                       0.04                      8.850                       358                      90.00                      90.00                        622                     39.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN                                                                           11                884,807.03                       0.51                      9.735                       358                      86.60                      89.20                        586                     45.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                          189             20,056,454.88                      11.46                      8.964                       344                      80.35                      83.50                        600                     39.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT                                                                            4                588,926.65                       0.34                      8.075                       358                      83.03                      89.08                        607                     38.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA                                                                            7                944,262.23                       0.54                      8.038                       358                      75.73                      75.73                        613                     38.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA                                                                           11              3,010,596.20                       1.72                      7.994                       358                      76.89                      79.61                        638                     32.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI                                                                            5                922,788.21                       0.53                      8.577                       357                      85.98                      85.98                        583                     46.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV                                                                            2                168,809.13                       0.10                      7.860                       359                      88.44                      91.51                        630                     43.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      999           $174,995,801.01                    100.00%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 47


9. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                          53             $6,236,421.57                      3.56%                     8.836%                       354                     79.81%                     79.81%                        638                    35.77%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                           919            164,267,387.93                      93.87                      8.361                       354                      78.93                      82.09                        624                     40.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home                                                                  27              4,491,991.51                       2.57                      8.595                       358                      78.81                      86.08                        658                     36.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      999           $174,995,801.01                    100.00%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


10. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One Family                                                                  752           $131,192,832.29                     74.97%                     8.394%                       354                     78.75%                     81.44%                        619                    40.23%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Detached                                                                123             17,344,064.47                       9.91                      8.548                       352                      82.68                      87.50                        624                     40.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                     60             15,962,520.06                       9.12                      8.179                       358                      75.83                      81.13                        660                     43.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                        45              7,047,116.74                       4.03                      8.279                       358                      79.94                      82.07                        666                     40.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Attached                                                                 18              3,221,117.45                       1.84                      8.398                       353                      81.10                      85.90                        614                     39.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Modular Home                                                                  1                228,150.00                       0.13                      7.990                       358                      74.80                      74.80                        617                     47.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      999           $174,995,801.01                    100.00%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


11. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                    583           $111,240,643.27                     63.57%                     8.264%                       353                     75.91%                     76.04%                        609                    40.01%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                    301             42,799,038.19                      24.46                      8.724                       358                      86.10                      96.93                        674                     41.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rate/Term                                                                   115             20,956,119.55                      11.98                      8.325                       355                      80.57                      84.13                        612                     42.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      999           $174,995,801.01                    100.00%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


12. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                          735           $125,972,356.41                     71.99%                     8.196%                       354                     78.09%                     80.28%                        616                    39.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation                                                        14              3,573,634.44                       2.04                      8.401                       358                      81.34                      88.20                        618                     42.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                        250             45,449,810.16                      25.97                      8.904                       355                      81.17                      86.72                        652                     42.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      999           $174,995,801.01                    100.00%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


13. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                           306            $44,065,869.68                     25.18%                     8.968%                       352                     79.68%                     82.03%                        612                    41.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                           83             25,192,414.92                      14.40                      8.101                       356                      78.26                      82.87                        631                     41.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                           78              6,611,265.38                       3.78                      9.787                       358                      92.50                      95.17                        648                     40.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                          532             99,126,251.03                      56.64                      8.103                       355                      77.91                      81.09                        628                     40.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      999           $174,995,801.01                    100.00%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 31


14. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                  826           $163,544,125.23                     93.46%                     8.247%                       354                     77.49%                     80.87%                        622                    40.66%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Lien                                                                 173             11,451,675.78                       6.54                     10.344                       357                      99.91                      99.91                        672                     39.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      999           $174,995,801.01                    100.00%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


15. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
less than or equal to 500                                                     2               $246,593.86                      0.14%                     9.401%                       358                     82.88%                     82.88%                        500                    48.15%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525                                                                    85             12,736,055.25                       7.28                      9.688                       350                      74.24                      74.60                        513                     40.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550                                                                    92             14,013,541.41                       8.01                      9.407                       350                      73.96                      75.14                        537                     40.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575                                                                   105             15,911,399.26                       9.09                      8.914                       353                      75.14                      75.55                        563                     40.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                   107             18,043,277.93                      10.31                      8.295                       351                      75.60                      75.64                        589                     41.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625                                                                   154             27,880,035.84                      15.93                      8.163                       356                      78.49                      81.17                        614                     40.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650                                                                   159             27,860,433.17                      15.92                      8.204                       355                      82.17                      85.81                        638                     40.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675                                                                   114             19,708,958.07                      11.26                      8.032                       356                      81.67                      87.16                        663                     40.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700                                                                    88             14,883,335.13                       8.50                      7.987                       358                      82.70                      86.54                        686                     40.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
701 - 725                                                                    38              9,223,425.36                       5.27                      7.902                       358                      81.54                      86.61                        711                     38.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
726 - 750                                                                    36              9,602,029.37                       5.49                      7.867                       356                      82.74                      93.15                        739                     40.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
751 - 775                                                                    13              3,095,354.97                       1.77                      7.722                       358                      82.84                      90.53                        763                     43.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
776 - 800                                                                     5              1,539,788.37                       0.88                      7.043                       358                      74.27                      78.68                        781                     41.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
801 - 825                                                                     1                251,573.02                       0.14                      6.650                       356                      80.00                     100.00                        802                     43.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      999           $174,995,801.01                    100.00%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 802
Weighted Average: 625


16. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                 30             $4,714,000.84                      2.69%                     8.274%                       347                     73.73%                     76.61%                        637                    14.26%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99                                                                55              7,820,956.12                       4.47                      8.336                       345                      75.35                      78.00                        630                     22.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                                76             12,613,256.01                       7.21                      8.458                       353                      74.81                      76.00                        628                     27.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                               137             19,653,155.93                      11.23                      8.298                       351                      76.37                      78.24                        612                     33.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                               157             24,974,740.12                      14.27                      8.617                       353                      80.39                      81.73                        621                     37.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                               198             35,587,294.28                      20.34                      8.250                       355                      82.39                      86.04                        637                     42.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                               286             56,216,017.10                      32.12                      8.499                       357                      81.43                      86.66                        625                     47.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                                60             13,416,380.61                       7.67                      7.949                       357                      68.50                      69.13                        608                     52.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      999           $174,995,801.01                    100.00%                     8.384%                       354                     78.96%                     82.12%                        625                    40.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0.26
Maximum: 54.99
Weighted Average: 40.59


Carrington Mortgage Loan Trust, Series 2006-NC5
Interest Only Loans

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 977
Aggregate Principal Balance ($): 287,103,704
Weighted Average Current Mortgage Rate (%): 7.589
Weighted Average Margin (%): 6.100
Weighted Average Maximum Rate (%): 14.581
Weighted Average Months to Roll: 28
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 359
Weighted Average Combined Original LTV (%): 91.61
% First Liens: 100.00
% Owner Occupied: 97.61
% Purchase: 44.84
% Full Documentation: 62.83
Non-Zero Weighted Average FICO Score: 646


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM 5Y-IO                                                               684           $197,302,376.34                     68.72%                     7.631%                       359                     82.27%                     92.00%                        644                    41.15%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 5Y-IO                                                               27              5,855,533.83                       2.04                      7.897                       358                      82.07                      90.56                        646                     42.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM 5Y-IO                                                               266             83,945,794.29                      29.24                      7.469                       359                      83.20                      90.76                        650                     41.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500                                                                 1               $252,000.00                      0.09%                     5.500%                       359                     80.00%                    100.00%                        641                    44.04%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                35             12,096,829.33                       4.21                      5.855                       359                      79.44                      86.56                        668                     41.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                71             22,605,254.95                       7.87                      6.320                       359                      78.76                      87.57                        665                     40.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               168             55,027,038.17                      19.17                      6.811                       359                      80.17                      90.59                        650                     40.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               193             54,948,636.38                      19.14                      7.319                       359                      81.57                      93.23                        650                     41.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               221             57,748,217.23                      20.11                      7.756                       359                      82.68                      92.70                        637                     41.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               133             38,105,745.76                      13.27                      8.282                       358                      84.46                      92.39                        641                     41.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                82             26,281,679.70                       9.15                      8.772                       358                      84.96                      92.01                        642                     41.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                                37             10,315,222.02                       3.59                      9.272                       358                      89.23                      92.48                        630                     41.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                               23              6,694,930.95                       2.33                      9.736                       358                      91.45                      91.45                        622                     42.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                               8              1,551,999.97                       0.54                     10.273                       359                      92.72                      92.72                        642                     43.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                               4              1,191,150.00                       0.41                     10.780                       358                      94.40                      94.40                        622                     41.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                               1                285,000.00                       0.10                     11.100                       358                      95.00                      95.00                        595                     30.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.500%
Maximum: 11.100%
Weighted Average: 7.589%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                       25             $2,147,517.89                      0.75%                     8.100%                       359                     80.28%                     91.03%                        638                    40.87%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                     113             14,329,696.37                       4.99                      7.785                       358                      81.81                      94.17                        637                     39.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                     154             27,405,512.20                       9.55                      7.732                       359                      81.05                      92.20                        636                     40.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00                                                     161             36,370,095.96                      12.67                      7.619                       359                      80.73                      90.03                        644                     39.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00                                                     135             37,031,347.10                      12.90                      7.628                       358                      83.01                      91.47                        642                     41.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00                                                      92             29,634,871.69                      10.32                      7.710                       358                      82.85                      90.11                        636                     41.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00                                                      88             32,994,574.69                      11.49                      7.302                       359                      82.14                      90.87                        650                     41.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00                                                      77             32,405,909.58                      11.29                      7.477                       358                      83.74                      91.71                        655                     42.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00                                                      50             23,683,495.97                       8.25                      7.267                       358                      84.12                      93.21                        652                     42.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00                                                      27             14,244,840.94                       4.96                      7.530                       359                      84.15                      93.62                        644                     42.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00                                                      17              9,799,299.95                       3.41                      7.841                       359                      85.00                      92.97                        659                     43.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00                                                      14              8,713,067.95                       3.03                      7.734                       359                      84.59                      93.26                        653                     44.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00                                                      11              7,375,882.18                       2.57                      7.537                       359                      83.21                      88.70                        660                     39.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00                                                       6              4,329,200.00                       1.51                      8.137                       358                      75.10                      87.53                        667                     32.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00                                                       2              1,522,392.00                       0.53                      7.287                       358                      80.00                     100.00                        657                     46.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
800,000.01 - 850,000.00                                                       1                836,000.00                       0.29                      9.400                       359                      95.00                      95.00                        632                     42.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
950,000.01 - 1,000,000.00                                                     2              1,979,999.99                       0.69                      7.710                       359                      81.68                      98.74                        607                     35.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to                                         2              2,300,000.00                       0.80                      7.842                       359                      77.89                      87.79                        670                     38.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $57,950.00
Maximum: $1,200,000.00
Weighted Average: $293,862.54


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 360
Maximum: 360
Weighted Average: 360


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 355
Maximum: 360
Weighted Average: 359


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00                                                                 1               $219,999.98                      0.08%                     6.725%                       357                     34.38%                     34.38%                        613                    34.92%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00                                                                 1                175,000.00                       0.06                      7.990                       359                      38.04                      38.04                        615                     29.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00                                                                 3                684,699.98                       0.24                      6.426                       359                      43.24                      43.24                        640                     35.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00                                                                 5              1,144,000.00                       0.40                      6.667                       359                      48.84                      48.84                        632                     37.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00                                                                 8              2,177,999.99                       0.76                      7.782                       358                      51.88                      51.88                        632                     36.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00                                                                 5              1,080,599.96                       0.38                      7.084                       358                      58.53                      58.53                        622                     41.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00                                                                17              5,030,799.95                       1.75                      6.949                       359                      63.58                      63.58                        639                     37.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00                                                                32              9,200,308.43                       3.20                      7.109                       359                      68.52                      68.52                        643                     37.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00                                                                27              8,126,379.96                       2.83                      7.086                       358                      73.76                      73.76                        647                     35.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00                                                                63             18,677,660.69                       6.51                      7.421                       359                      79.51                      79.51                        634                     40.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00                                                                66             21,621,389.08                       7.53                      7.505                       358                      84.43                      84.43                        641                     40.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00                                                               157             47,824,528.48                      16.66                      7.919                       359                      89.47                      89.62                        639                     41.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                               137             44,389,654.18                      15.46                      8.164                       358                      92.86                      94.80                        642                     42.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                              455            126,750,683.78                      44.15                      7.411                       359                      80.16                      99.97                        653                     41.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 34.38%
Maximum: 100.00%
Weighted Average: 91.61%


8. Current Gross Margin (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   27             $5,855,533.83                      2.04%                     7.897%                       358                     82.07%                     90.56%                        646                    42.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500                                                                 1                 65,000.00                       0.02                      9.100                       359                      76.92                      76.92                        584                     34.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                               276             82,066,361.13                      28.58                      7.242                       359                      82.38                      92.48                        656                     40.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                               646            190,225,809.52                      66.26                      7.711                       359                      82.65                      91.67                        642                     41.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                26              8,445,999.98                       2.94                      7.970                       358                      82.78                      83.98                        642                     39.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                 1                445,000.00                       0.15                      7.750                       359                      67.63                      67.63                        628                     27.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.400%
Maximum: 7.050%
Non-Zero Weighted Average: 6.100%


9. Minimum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   27             $5,855,533.83                      2.04%                     7.897%                       358                     82.07%                     90.56%                        646                    42.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                16              5,474,099.94                       1.91                      5.806                       359                      79.48                      88.57                        668                     40.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                89             28,400,064.34                       9.89                      6.213                       359                      78.88                      87.08                        666                     40.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               166             55,107,458.18                      19.19                      6.799                       359                      80.17                      90.55                        650                     40.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               189             53,895,086.41                      18.77                      7.316                       359                      81.55                      93.44                        650                     42.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               213             55,735,533.30                      19.41                      7.754                       359                      82.70                      92.74                        637                     41.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               130             37,616,645.79                      13.10                      8.283                       359                      84.48                      92.32                        641                     41.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                78             25,620,059.72                       8.92                      8.774                       358                      85.13                      91.87                        642                     41.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                                34              9,847,142.03                       3.43                      9.276                       358                      89.43                      92.63                        630                     41.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                               22              6,523,930.95                       2.27                      9.734                       359                      91.35                      91.35                        623                     41.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                               8              1,551,999.97                       0.54                     10.273                       359                      92.72                      92.72                        642                     43.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                               4              1,191,150.00                       0.41                     10.780                       358                      94.40                      94.40                        622                     41.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                               1                285,000.00                       0.10                     11.100                       358                      95.00                      95.00                        595                     30.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.900%
Maximum: 11.100%
Non-Zero Weighted Average: 7.592%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   27             $5,855,533.83                      2.04%                     7.897%                       358                     82.07%                     90.56%                        646                    42.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               1                252,000.00                       0.09                      5.500                       359                      80.00                     100.00                        641                     44.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                              35             12,096,829.33                       4.21                      5.855                       359                      79.44                      86.56                        668                     41.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500                                                              70             22,237,334.95                       7.75                      6.321                       359                      78.74                      87.36                        666                     40.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000                                                             165             54,395,458.18                      18.95                      6.805                       359                      80.17                      90.69                        650                     40.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500                                                             192             54,368,156.40                      18.94                      7.325                       359                      81.59                      93.48                        650                     42.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000                                                             213             55,735,533.30                      19.41                      7.754                       359                      82.70                      92.74                        637                     41.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500                                                             127             37,143,575.80                      12.94                      8.283                       358                      84.46                      92.25                        641                     41.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000                                                              78             25,620,059.72                       8.92                      8.774                       358                      85.13                      91.87                        642                     41.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500                                                              34              9,847,142.03                       3.43                      9.276                       358                      89.43                      92.63                        630                     41.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000                                                              22              6,523,930.95                       2.27                      9.734                       359                      91.35                      91.35                        623                     41.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500                                                               8              1,551,999.97                       0.54                     10.273                       359                      92.72                      92.72                        642                     43.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000                                                               4              1,191,150.00                       0.41                     10.780                       358                      94.40                      94.40                        622                     41.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500                                                               1                285,000.00                       0.10                     11.100                       358                      95.00                      95.00                        595                     30.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 12.500%
Maximum: 18.100%
Non-Zero Weighted Average: 14.581%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   27             $5,855,533.83                      2.04%                     7.897%                       358                     82.07%                     90.56%                        646                    42.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                             3                473,069.99                       0.16                      8.256                       359                      86.18                      97.94                        631                     44.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2                                                                           947            280,775,100.64                      97.80                      7.581                       359                      82.54                      91.62                        646                     41.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 2.000%
Non-Zero Weighted Average: 1.998%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   27             $5,855,533.83                      2.04%                     7.897%                       358                     82.07%                     90.56%                        646                    42.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                             3                473,069.99                       0.16                      8.256                       359                      86.18                      97.94                        631                     44.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                         947            280,775,100.64                      97.80                      7.581                       359                      82.54                      91.62                        646                     41.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 1.500%
Non-Zero Weighted Average: 1.499%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   27             $5,855,533.83                      2.04%                     7.897%                       358                     82.07%                     90.56%                        646                    42.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2008                                                                      1                169,520.31                       0.06                      7.900                       355                      80.00                      80.00                        642                     30.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2008                                                                      7              2,002,990.82                       0.70                      8.343                       356                      85.05                      87.04                        620                     43.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2008                                                                     16              4,784,439.62                       1.67                      8.068                       357                      84.80                      92.84                        627                     43.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2008                                                                   270             76,893,615.09                      26.78                      7.638                       358                      81.50                      92.02                        646                     40.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2008                                                                   385            112,365,910.50                      39.14                      7.596                       359                      82.65                      92.11                        644                     41.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2008                                                                     5              1,085,900.00                       0.38                      7.468                       360                      81.83                      86.78                        654                     40.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2009                                                                      2                480,349.99                       0.17                      8.364                       355                      87.12                      92.87                        615                     37.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2009                                                                      7              2,642,564.82                       0.92                      8.727                       356                      77.77                      80.58                        639                     40.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2009                                                                     33             12,881,144.06                       4.49                      7.747                       357                      87.56                      90.50                        649                     42.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2009                                                                    15              4,383,836.31                       1.53                      7.549                       358                      84.66                      87.05                        633                     38.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2009                                                                   202             61,291,993.52                      21.35                      7.327                       359                      82.23                      91.51                        652                     41.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2009                                                                     7              2,265,905.59                       0.79                      7.909                       360                      87.15                      90.43                        628                     45.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AK                                                                            4             $1,242,399.99                      0.43%                     7.884%                       359                     85.25%                     91.88%                        613                    47.19%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL                                                                            2                395,920.00                       0.14                      7.255                       359                      80.00                     100.00                        661                     38.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR                                                                            1                102,880.00                       0.04                      9.125                       356                      80.00                     100.00                        666                     41.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                           48             11,653,135.19                       4.06                      7.578                       358                      80.59                      88.21                        649                     40.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                          389            144,442,264.09                      50.31                      7.418                       359                      81.58                      91.22                        650                     41.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO                                                                           17              3,434,603.63                       1.20                      7.518                       358                      81.73                      98.18                        646                     42.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT                                                                            2                350,600.00                       0.12                      7.810                       359                      84.25                      93.01                        606                     34.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC                                                                            1                366,480.00                       0.13                      5.950                       359                      72.00                      72.00                        685                     36.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE                                                                            4                931,416.00                       0.32                      7.913                       358                      86.94                      95.19                        634                     46.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                           93             21,587,713.60                       7.52                      7.806                       359                      82.65                      90.79                        646                     40.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA                                                                           16              2,787,511.96                       0.97                      8.060                       358                      85.28                      96.01                        631                     39.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                           16              6,483,719.97                       2.26                      7.095                       359                      78.80                      92.11                        660                     41.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA                                                                            2                487,800.00                       0.17                      7.338                       359                      89.46                      89.46                        667                     45.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID                                                                            5                753,899.98                       0.26                      8.363                       358                      85.35                      89.07                        603                     39.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                           30              6,434,686.58                       2.24                      8.044                       359                      86.31                      94.19                        638                     42.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN                                                                            3                511,657.99                       0.18                      8.541                       359                      90.03                      96.66                        604                     48.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY                                                                            1                204,000.00                       0.07                      8.463                       359                      85.00                     100.00                        583                     47.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
LA                                                                            3                324,799.98                       0.11                      7.348                       359                      76.60                      90.45                        661                     34.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                           17              5,121,156.68                       1.78                      8.056                       358                      81.22                      86.65                        651                     41.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD                                                                           41             11,999,968.65                       4.18                      7.608                       359                      84.98                      93.80                        640                     42.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME                                                                            3                473,069.99                       0.16                      8.256                       359                      86.18                      97.94                        631                     44.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                            5                738,519.97                       0.26                      8.413                       358                      82.31                      90.46                        649                     35.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN                                                                           34              6,535,278.50                       2.28                      7.675                       359                      81.51                      96.70                        642                     43.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO                                                                            3                324,050.00                       0.11                      8.390                       359                      84.71                      98.43                        645                     32.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MS                                                                            1                111,000.00                       0.04                      8.675                       360                      83.46                      83.46                        588                     44.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MT                                                                            2                253,819.99                       0.09                      7.748                       358                      82.24                      93.27                        651                     36.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC                                                                            2                477,000.00                       0.17                      8.401                       359                      90.00                      90.00                        643                     30.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ND                                                                            1                 94,719.99                       0.03                      8.575                       359                      80.00                     100.00                        629                     35.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                           37             11,944,997.04                       4.16                      7.765                       358                      86.25                      89.25                        642                     42.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM                                                                            5                714,141.98                       0.25                      7.626                       358                      87.38                      92.44                        659                     43.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV                                                                           25              5,981,330.50                       2.08                      7.594                       358                      82.67                      90.55                        631                     36.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                           31             12,147,277.01                       4.23                      7.779                       358                      85.45                      92.10                        648                     43.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH                                                                            9              1,197,829.94                       0.42                      8.563                       358                      87.93                      94.51                        626                     40.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR                                                                           13              2,580,914.13                       0.90                      7.519                       358                      83.63                      92.85                        642                     46.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA                                                                           18              3,167,876.91                       1.10                      7.907                       359                      84.26                      95.44                        623                     39.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI                                                                            7              1,772,042.14                       0.62                      7.258                       359                      82.34                      92.71                        647                     42.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC                                                                            7                949,251.99                       0.33                      7.974                       358                      83.93                      91.75                        611                     41.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN                                                                            3                439,649.99                       0.15                      7.624                       358                      88.55                      93.77                        618                     42.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                           16              3,768,737.16                       1.31                      8.072                       358                      81.07                      98.24                        641                     42.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT                                                                            7              1,727,784.94                       0.60                      7.819                       359                      82.94                      96.05                        637                     32.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA                                                                           10              2,376,299.98                       0.83                      7.942                       359                      81.77                      89.68                        635                     43.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA                                                                           31              7,746,723.89                       2.70                      7.921                       359                      84.98                      90.52                        631                     40.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI                                                                           11              1,791,494.13                       0.62                      8.038                       359                      85.08                      94.29                        631                     39.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV                                                                            1                173,280.00                       0.06                      9.675                       358                      95.00                      95.00                        626                     47.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 44


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                           1               $105,925.00                      0.04%                    10.100%                       359                     95.00%                     95.00%                        710                    32.38%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                           949            280,233,336.50                      97.61                      7.565                       359                      82.49                      91.51                        645                     41.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home                                                                  27              6,764,442.96                       2.36                      8.532                       358                      84.35                      95.70                        682                     42.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One Family                                                                  686           $201,557,043.08                     70.20%                     7.567%                       359                     82.37%                     91.16%                        644                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Detached                                                                139             43,819,830.49                      15.26                      7.703                       359                      82.85                      92.69                        646                     39.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                        86             21,779,403.88                       7.59                      7.678                       359                      83.35                      93.81                        658                     40.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                     32             11,751,910.07                       4.09                      7.304                       358                      81.21                      89.34                        659                     41.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Attached                                                                 33              7,967,366.94                       2.78                      7.691                       359                      84.99                      94.78                        641                     43.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Modular Home                                                                  1                228,150.00                       0.08                      7.990                       358                      74.80                      74.80                        617                     47.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                    461           $128,750,270.08                     44.84%                     7.621%                       359                     81.47%                     97.75%                        652                    41.58%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                    389            120,402,138.32                      41.94                      7.648                       358                      83.47                      84.14                        639                     40.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rate/Term                                                                   127             37,951,296.06                      13.22                      7.292                       359                      83.20                      94.50                        646                     41.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                          647           $180,372,942.53                     62.83%                     7.297%                       359                     82.57%                     91.99%                        639                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation                                                        14              4,148,449.97                       1.44                      7.281                       359                      81.07                      93.07                        641                     43.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                        316            102,582,311.96                      35.73                      8.115                       358                      82.54                      90.88                        659                     41.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                           222            $71,677,450.06                     24.97%                     8.207%                       359                     84.31%                     91.73%                        647                    41.77%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                           68             22,059,545.72                       7.68                      7.898                       358                      83.68                      91.57                        641                     42.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                          517            142,846,855.16                      49.75                      7.381                       359                      81.52                      91.72                        644                     40.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                          170             50,519,853.52                      17.60                      7.165                       359                      82.40                      91.15                        651                     41.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 26


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                  977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575                                                                     1               $364,500.00                      0.13%                     7.725%                       359                     90.00%                     90.00%                        570                    48.58%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                    78             20,526,630.84                       7.15                      7.888                       359                      84.69                      86.85                        592                     42.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625                                                                   283             79,069,158.12                      27.54                      7.768                       358                      82.52                      90.07                        613                     41.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650                                                                   271             76,508,839.51                      26.65                      7.648                       359                      82.74                      92.44                        638                     41.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675                                                                   170             55,275,649.86                      19.25                      7.462                       358                      81.25                      92.34                        661                     40.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700                                                                    89             26,969,732.45                       9.39                      7.445                       359                      82.74                      94.76                        688                     41.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
701 - 725                                                                    47             14,824,289.71                       5.16                      7.011                       359                      83.86                      92.40                        712                     41.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
726 - 750                                                                    26              9,121,414.02                       3.18                      7.289                       359                      83.10                      96.79                        737                     41.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
751 - 775                                                                     8              2,822,289.95                       0.98                      7.470                       359                      80.46                      86.85                        759                     39.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
776 - 800                                                                     3              1,430,000.00                       0.50                      5.878                       359                      73.50                      80.44                        784                     25.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
801 - 825                                                                     1                191,200.00                       0.07                      8.225                       358                      80.00                     100.00                        804                     35.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 570
Maximum: 804
Weighted Average: 646


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                 10             $2,885,359.97                      1.00%                     6.984%                       358                     79.14%                     89.56%                        675                    14.73%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99                                                                29              8,207,226.18                       2.86                      7.574                       359                      80.15                      91.42                        646                     22.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                                61             15,420,351.71                       5.37                      7.457                       359                      79.16                      84.97                        646                     27.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                               106             28,185,570.59                       9.82                      7.664                       358                      81.36                      89.18                        646                     32.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                               176             52,200,786.15                      18.18                      7.557                       359                      81.02                      89.17                        648                     37.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                               236             72,174,135.37                      25.14                      7.596                       359                      82.59                      93.71                        653                     42.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                               343            104,277,287.54                      36.32                      7.632                       359                      84.32                      93.08                        639                     47.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                                16              3,752,986.95                       1.31                      7.182                       358                      83.61                      91.86                        633                     51.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 9.49
Maximum: 54.73
Weighted Average: 41.20


io

Carrington Mortgage Loan Trust, Series 2006-NC5
Interest Only Loans

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 977
Aggregate Principal Balance ($): 287,103,704
Weighted Average Current Mortgage Rate (%): 7.589
Weighted Average Margin (%): 6.100
Weighted Average Maximum Rate (%): 14.581
Weighted Average Months to Roll: 28
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 359
Weighted Average Combined Original LTV (%): 91.61
% First Liens: 100.00
% Owner Occupied: 97.61
% Purchase: 44.84
% Full Documentation: 62.83
Non-Zero Weighted Average FICO Score: 646


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM 5Y-IO                                                               684           $197,302,376.34                     68.72%                     7.631%                       359                     82.27%                     92.00%                        644                    41.15%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 5Y-IO                                                               27              5,855,533.83                       2.04                      7.897                       358                      82.07                      90.56                        646                     42.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM 5Y-IO                                                               266             83,945,794.29                      29.24                      7.469                       359                      83.20                      90.76                        650                     41.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500                                                                 1               $252,000.00                      0.09%                     5.500%                       359                     80.00%                    100.00%                        641                    44.04%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                35             12,096,829.33                       4.21                      5.855                       359                      79.44                      86.56                        668                     41.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                71             22,605,254.95                       7.87                      6.320                       359                      78.76                      87.57                        665                     40.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               168             55,027,038.17                      19.17                      6.811                       359                      80.17                      90.59                        650                     40.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               193             54,948,636.38                      19.14                      7.319                       359                      81.57                      93.23                        650                     41.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               221             57,748,217.23                      20.11                      7.756                       359                      82.68                      92.70                        637                     41.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               133             38,105,745.76                      13.27                      8.282                       358                      84.46                      92.39                        641                     41.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                82             26,281,679.70                       9.15                      8.772                       358                      84.96                      92.01                        642                     41.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                                37             10,315,222.02                       3.59                      9.272                       358                      89.23                      92.48                        630                     41.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                               23              6,694,930.95                       2.33                      9.736                       358                      91.45                      91.45                        622                     42.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                               8              1,551,999.97                       0.54                     10.273                       359                      92.72                      92.72                        642                     43.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                               4              1,191,150.00                       0.41                     10.780                       358                      94.40                      94.40                        622                     41.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                               1                285,000.00                       0.10                     11.100                       358                      95.00                      95.00                        595                     30.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.500%
Maximum: 11.100%
Weighted Average: 7.589%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                       25             $2,147,517.89                      0.75%                     8.100%                       359                     80.28%                     91.03%                        638                    40.87%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                     113             14,329,696.37                       4.99                      7.785                       358                      81.81                      94.17                        637                     39.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                     154             27,405,512.20                       9.55                      7.732                       359                      81.05                      92.20                        636                     40.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00                                                     161             36,370,095.96                      12.67                      7.619                       359                      80.73                      90.03                        644                     39.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00                                                     135             37,031,347.10                      12.90                      7.628                       358                      83.01                      91.47                        642                     41.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00                                                      92             29,634,871.69                      10.32                      7.710                       358                      82.85                      90.11                        636                     41.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00                                                      88             32,994,574.69                      11.49                      7.302                       359                      82.14                      90.87                        650                     41.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00                                                      77             32,405,909.58                      11.29                      7.477                       358                      83.74                      91.71                        655                     42.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00                                                      50             23,683,495.97                       8.25                      7.267                       358                      84.12                      93.21                        652                     42.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00                                                      27             14,244,840.94                       4.96                      7.530                       359                      84.15                      93.62                        644                     42.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00                                                      17              9,799,299.95                       3.41                      7.841                       359                      85.00                      92.97                        659                     43.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00                                                      14              8,713,067.95                       3.03                      7.734                       359                      84.59                      93.26                        653                     44.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00                                                      11              7,375,882.18                       2.57                      7.537                       359                      83.21                      88.70                        660                     39.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00                                                       6              4,329,200.00                       1.51                      8.137                       358                      75.10                      87.53                        667                     32.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00                                                       2              1,522,392.00                       0.53                      7.287                       358                      80.00                     100.00                        657                     46.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
800,000.01 - 850,000.00                                                       1                836,000.00                       0.29                      9.400                       359                      95.00                      95.00                        632                     42.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
950,000.01 - 1,000,000.00                                                     2              1,979,999.99                       0.69                      7.710                       359                      81.68                      98.74                        607                     35.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to                                         2              2,300,000.00                       0.80                      7.842                       359                      77.89                      87.79                        670                     38.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $57,950.00
Maximum: $1,200,000.00
Weighted Average: $293,862.54


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 360
Maximum: 360
Weighted Average: 360


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 355
Maximum: 360
Weighted Average: 359


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00                                                                 1               $219,999.98                      0.08%                     6.725%                       357                     34.38%                     34.38%                        613                    34.92%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00                                                                 1                175,000.00                       0.06                      7.990                       359                      38.04                      38.04                        615                     29.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00                                                                 3                684,699.98                       0.24                      6.426                       359                      43.24                      43.24                        640                     35.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00                                                                 5              1,144,000.00                       0.40                      6.667                       359                      48.84                      48.84                        632                     37.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00                                                                 8              2,177,999.99                       0.76                      7.782                       358                      51.88                      51.88                        632                     36.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00                                                                 5              1,080,599.96                       0.38                      7.084                       358                      58.53                      58.53                        622                     41.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00                                                                17              5,030,799.95                       1.75                      6.949                       359                      63.58                      63.58                        639                     37.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00                                                                32              9,200,308.43                       3.20                      7.109                       359                      68.52                      68.52                        643                     37.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00                                                                27              8,126,379.96                       2.83                      7.086                       358                      73.76                      73.76                        647                     35.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00                                                                63             18,677,660.69                       6.51                      7.421                       359                      79.51                      79.51                        634                     40.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00                                                                66             21,621,389.08                       7.53                      7.505                       358                      84.43                      84.43                        641                     40.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00                                                               157             47,824,528.48                      16.66                      7.919                       359                      89.47                      89.62                        639                     41.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                               137             44,389,654.18                      15.46                      8.164                       358                      92.86                      94.80                        642                     42.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                              455            126,750,683.78                      44.15                      7.411                       359                      80.16                      99.97                        653                     41.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 34.38%
Maximum: 100.00%
Weighted Average: 91.61%


8. Current Gross Margin (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   27             $5,855,533.83                      2.04%                     7.897%                       358                     82.07%                     90.56%                        646                    42.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500                                                                 1                 65,000.00                       0.02                      9.100                       359                      76.92                      76.92                        584                     34.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                               276             82,066,361.13                      28.58                      7.242                       359                      82.38                      92.48                        656                     40.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                               646            190,225,809.52                      66.26                      7.711                       359                      82.65                      91.67                        642                     41.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                26              8,445,999.98                       2.94                      7.970                       358                      82.78                      83.98                        642                     39.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                 1                445,000.00                       0.15                      7.750                       359                      67.63                      67.63                        628                     27.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.400%
Maximum: 7.050%
Non-Zero Weighted Average: 6.100%


9. Minimum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   27             $5,855,533.83                      2.04%                     7.897%                       358                     82.07%                     90.56%                        646                    42.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                16              5,474,099.94                       1.91                      5.806                       359                      79.48                      88.57                        668                     40.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                89             28,400,064.34                       9.89                      6.213                       359                      78.88                      87.08                        666                     40.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               166             55,107,458.18                      19.19                      6.799                       359                      80.17                      90.55                        650                     40.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               189             53,895,086.41                      18.77                      7.316                       359                      81.55                      93.44                        650                     42.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               213             55,735,533.30                      19.41                      7.754                       359                      82.70                      92.74                        637                     41.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               130             37,616,645.79                      13.10                      8.283                       359                      84.48                      92.32                        641                     41.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                78             25,620,059.72                       8.92                      8.774                       358                      85.13                      91.87                        642                     41.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                                34              9,847,142.03                       3.43                      9.276                       358                      89.43                      92.63                        630                     41.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                               22              6,523,930.95                       2.27                      9.734                       359                      91.35                      91.35                        623                     41.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                               8              1,551,999.97                       0.54                     10.273                       359                      92.72                      92.72                        642                     43.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                               4              1,191,150.00                       0.41                     10.780                       358                      94.40                      94.40                        622                     41.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                               1                285,000.00                       0.10                     11.100                       358                      95.00                      95.00                        595                     30.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.900%
Maximum: 11.100%
Non-Zero Weighted Average: 7.592%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   27             $5,855,533.83                      2.04%                     7.897%                       358                     82.07%                     90.56%                        646                    42.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               1                252,000.00                       0.09                      5.500                       359                      80.00                     100.00                        641                     44.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                              35             12,096,829.33                       4.21                      5.855                       359                      79.44                      86.56                        668                     41.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500                                                              70             22,237,334.95                       7.75                      6.321                       359                      78.74                      87.36                        666                     40.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000                                                             165             54,395,458.18                      18.95                      6.805                       359                      80.17                      90.69                        650                     40.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500                                                             192             54,368,156.40                      18.94                      7.325                       359                      81.59                      93.48                        650                     42.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000                                                             213             55,735,533.30                      19.41                      7.754                       359                      82.70                      92.74                        637                     41.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500                                                             127             37,143,575.80                      12.94                      8.283                       358                      84.46                      92.25                        641                     41.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000                                                              78             25,620,059.72                       8.92                      8.774                       358                      85.13                      91.87                        642                     41.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500                                                              34              9,847,142.03                       3.43                      9.276                       358                      89.43                      92.63                        630                     41.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000                                                              22              6,523,930.95                       2.27                      9.734                       359                      91.35                      91.35                        623                     41.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500                                                               8              1,551,999.97                       0.54                     10.273                       359                      92.72                      92.72                        642                     43.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000                                                               4              1,191,150.00                       0.41                     10.780                       358                      94.40                      94.40                        622                     41.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500                                                               1                285,000.00                       0.10                     11.100                       358                      95.00                      95.00                        595                     30.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 12.500%
Maximum: 18.100%
Non-Zero Weighted Average: 14.581%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   27             $5,855,533.83                      2.04%                     7.897%                       358                     82.07%                     90.56%                        646                    42.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                             3                473,069.99                       0.16                      8.256                       359                      86.18                      97.94                        631                     44.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2                                                                           947            280,775,100.64                      97.80                      7.581                       359                      82.54                      91.62                        646                     41.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 2.000%
Non-Zero Weighted Average: 1.998%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   27             $5,855,533.83                      2.04%                     7.897%                       358                     82.07%                     90.56%                        646                    42.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                             3                473,069.99                       0.16                      8.256                       359                      86.18                      97.94                        631                     44.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                         947            280,775,100.64                      97.80                      7.581                       359                      82.54                      91.62                        646                     41.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 1.500%
Non-Zero Weighted Average: 1.499%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   27             $5,855,533.83                      2.04%                     7.897%                       358                     82.07%                     90.56%                        646                    42.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2008                                                                      1                169,520.31                       0.06                      7.900                       355                      80.00                      80.00                        642                     30.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2008                                                                      7              2,002,990.82                       0.70                      8.343                       356                      85.05                      87.04                        620                     43.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2008                                                                     16              4,784,439.62                       1.67                      8.068                       357                      84.80                      92.84                        627                     43.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2008                                                                   270             76,893,615.09                      26.78                      7.638                       358                      81.50                      92.02                        646                     40.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2008                                                                   385            112,365,910.50                      39.14                      7.596                       359                      82.65                      92.11                        644                     41.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2008                                                                     5              1,085,900.00                       0.38                      7.468                       360                      81.83                      86.78                        654                     40.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2009                                                                      2                480,349.99                       0.17                      8.364                       355                      87.12                      92.87                        615                     37.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2009                                                                      7              2,642,564.82                       0.92                      8.727                       356                      77.77                      80.58                        639                     40.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2009                                                                     33             12,881,144.06                       4.49                      7.747                       357                      87.56                      90.50                        649                     42.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2009                                                                    15              4,383,836.31                       1.53                      7.549                       358                      84.66                      87.05                        633                     38.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2009                                                                   202             61,291,993.52                      21.35                      7.327                       359                      82.23                      91.51                        652                     41.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2009                                                                     7              2,265,905.59                       0.79                      7.909                       360                      87.15                      90.43                        628                     45.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AK                                                                            4             $1,242,399.99                      0.43%                     7.884%                       359                     85.25%                     91.88%                        613                    47.19%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL                                                                            2                395,920.00                       0.14                      7.255                       359                      80.00                     100.00                        661                     38.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR                                                                            1                102,880.00                       0.04                      9.125                       356                      80.00                     100.00                        666                     41.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                           48             11,653,135.19                       4.06                      7.578                       358                      80.59                      88.21                        649                     40.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                          389            144,442,264.09                      50.31                      7.418                       359                      81.58                      91.22                        650                     41.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO                                                                           17              3,434,603.63                       1.20                      7.518                       358                      81.73                      98.18                        646                     42.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT                                                                            2                350,600.00                       0.12                      7.810                       359                      84.25                      93.01                        606                     34.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC                                                                            1                366,480.00                       0.13                      5.950                       359                      72.00                      72.00                        685                     36.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE                                                                            4                931,416.00                       0.32                      7.913                       358                      86.94                      95.19                        634                     46.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                           93             21,587,713.60                       7.52                      7.806                       359                      82.65                      90.79                        646                     40.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA                                                                           16              2,787,511.96                       0.97                      8.060                       358                      85.28                      96.01                        631                     39.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                           16              6,483,719.97                       2.26                      7.095                       359                      78.80                      92.11                        660                     41.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA                                                                            2                487,800.00                       0.17                      7.338                       359                      89.46                      89.46                        667                     45.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID                                                                            5                753,899.98                       0.26                      8.363                       358                      85.35                      89.07                        603                     39.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                           30              6,434,686.58                       2.24                      8.044                       359                      86.31                      94.19                        638                     42.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN                                                                            3                511,657.99                       0.18                      8.541                       359                      90.03                      96.66                        604                     48.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY                                                                            1                204,000.00                       0.07                      8.463                       359                      85.00                     100.00                        583                     47.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
LA                                                                            3                324,799.98                       0.11                      7.348                       359                      76.60                      90.45                        661                     34.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                           17              5,121,156.68                       1.78                      8.056                       358                      81.22                      86.65                        651                     41.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD                                                                           41             11,999,968.65                       4.18                      7.608                       359                      84.98                      93.80                        640                     42.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME                                                                            3                473,069.99                       0.16                      8.256                       359                      86.18                      97.94                        631                     44.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                            5                738,519.97                       0.26                      8.413                       358                      82.31                      90.46                        649                     35.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN                                                                           34              6,535,278.50                       2.28                      7.675                       359                      81.51                      96.70                        642                     43.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO                                                                            3                324,050.00                       0.11                      8.390                       359                      84.71                      98.43                        645                     32.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MS                                                                            1                111,000.00                       0.04                      8.675                       360                      83.46                      83.46                        588                     44.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MT                                                                            2                253,819.99                       0.09                      7.748                       358                      82.24                      93.27                        651                     36.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC                                                                            2                477,000.00                       0.17                      8.401                       359                      90.00                      90.00                        643                     30.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ND                                                                            1                 94,719.99                       0.03                      8.575                       359                      80.00                     100.00                        629                     35.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                           37             11,944,997.04                       4.16                      7.765                       358                      86.25                      89.25                        642                     42.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM                                                                            5                714,141.98                       0.25                      7.626                       358                      87.38                      92.44                        659                     43.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV                                                                           25              5,981,330.50                       2.08                      7.594                       358                      82.67                      90.55                        631                     36.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                           31             12,147,277.01                       4.23                      7.779                       358                      85.45                      92.10                        648                     43.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH                                                                            9              1,197,829.94                       0.42                      8.563                       358                      87.93                      94.51                        626                     40.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR                                                                           13              2,580,914.13                       0.90                      7.519                       358                      83.63                      92.85                        642                     46.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA                                                                           18              3,167,876.91                       1.10                      7.907                       359                      84.26                      95.44                        623                     39.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI                                                                            7              1,772,042.14                       0.62                      7.258                       359                      82.34                      92.71                        647                     42.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC                                                                            7                949,251.99                       0.33                      7.974                       358                      83.93                      91.75                        611                     41.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN                                                                            3                439,649.99                       0.15                      7.624                       358                      88.55                      93.77                        618                     42.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                           16              3,768,737.16                       1.31                      8.072                       358                      81.07                      98.24                        641                     42.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT                                                                            7              1,727,784.94                       0.60                      7.819                       359                      82.94                      96.05                        637                     32.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA                                                                           10              2,376,299.98                       0.83                      7.942                       359                      81.77                      89.68                        635                     43.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA                                                                           31              7,746,723.89                       2.70                      7.921                       359                      84.98                      90.52                        631                     40.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI                                                                           11              1,791,494.13                       0.62                      8.038                       359                      85.08                      94.29                        631                     39.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV                                                                            1                173,280.00                       0.06                      9.675                       358                      95.00                      95.00                        626                     47.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 44


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                           1               $105,925.00                      0.04%                    10.100%                       359                     95.00%                     95.00%                        710                    32.38%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                           949            280,233,336.50                      97.61                      7.565                       359                      82.49                      91.51                        645                     41.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home                                                                  27              6,764,442.96                       2.36                      8.532                       358                      84.35                      95.70                        682                     42.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One Family                                                                  686           $201,557,043.08                     70.20%                     7.567%                       359                     82.37%                     91.16%                        644                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Detached                                                                139             43,819,830.49                      15.26                      7.703                       359                      82.85                      92.69                        646                     39.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                        86             21,779,403.88                       7.59                      7.678                       359                      83.35                      93.81                        658                     40.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                     32             11,751,910.07                       4.09                      7.304                       358                      81.21                      89.34                        659                     41.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Attached                                                                 33              7,967,366.94                       2.78                      7.691                       359                      84.99                      94.78                        641                     43.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Modular Home                                                                  1                228,150.00                       0.08                      7.990                       358                      74.80                      74.80                        617                     47.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                    461           $128,750,270.08                     44.84%                     7.621%                       359                     81.47%                     97.75%                        652                    41.58%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                    389            120,402,138.32                      41.94                      7.648                       358                      83.47                      84.14                        639                     40.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rate/Term                                                                   127             37,951,296.06                      13.22                      7.292                       359                      83.20                      94.50                        646                     41.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                          647           $180,372,942.53                     62.83%                     7.297%                       359                     82.57%                     91.99%                        639                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation                                                        14              4,148,449.97                       1.44                      7.281                       359                      81.07                      93.07                        641                     43.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                        316            102,582,311.96                      35.73                      8.115                       358                      82.54                      90.88                        659                     41.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                           222            $71,677,450.06                     24.97%                     8.207%                       359                     84.31%                     91.73%                        647                    41.77%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                           68             22,059,545.72                       7.68                      7.898                       358                      83.68                      91.57                        641                     42.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                          517            142,846,855.16                      49.75                      7.381                       359                      81.52                      91.72                        644                     40.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                          170             50,519,853.52                      17.60                      7.165                       359                      82.40                      91.15                        651                     41.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 26


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                  977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575                                                                     1               $364,500.00                      0.13%                     7.725%                       359                     90.00%                     90.00%                        570                    48.58%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                    78             20,526,630.84                       7.15                      7.888                       359                      84.69                      86.85                        592                     42.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625                                                                   283             79,069,158.12                      27.54                      7.768                       358                      82.52                      90.07                        613                     41.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650                                                                   271             76,508,839.51                      26.65                      7.648                       359                      82.74                      92.44                        638                     41.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675                                                                   170             55,275,649.86                      19.25                      7.462                       358                      81.25                      92.34                        661                     40.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700                                                                    89             26,969,732.45                       9.39                      7.445                       359                      82.74                      94.76                        688                     41.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
701 - 725                                                                    47             14,824,289.71                       5.16                      7.011                       359                      83.86                      92.40                        712                     41.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
726 - 750                                                                    26              9,121,414.02                       3.18                      7.289                       359                      83.10                      96.79                        737                     41.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
751 - 775                                                                     8              2,822,289.95                       0.98                      7.470                       359                      80.46                      86.85                        759                     39.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
776 - 800                                                                     3              1,430,000.00                       0.50                      5.878                       359                      73.50                      80.44                        784                     25.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
801 - 825                                                                     1                191,200.00                       0.07                      8.225                       358                      80.00                     100.00                        804                     35.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 570
Maximum: 804
Weighted Average: 646


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                 10             $2,885,359.97                      1.00%                     6.984%                       358                     79.14%                     89.56%                        675                    14.73%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99                                                                29              8,207,226.18                       2.86                      7.574                       359                      80.15                      91.42                        646                     22.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                                61             15,420,351.71                       5.37                      7.457                       359                      79.16                      84.97                        646                     27.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                               106             28,185,570.59                       9.82                      7.664                       358                      81.36                      89.18                        646                     32.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                               176             52,200,786.15                      18.18                      7.557                       359                      81.02                      89.17                        648                     37.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                               236             72,174,135.37                      25.14                      7.596                       359                      82.59                      93.71                        653                     42.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                               343            104,277,287.54                      36.32                      7.632                       359                      84.32                      93.08                        639                     47.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                                16              3,752,986.95                       1.31                      7.182                       358                      83.61                      91.86                        633                     51.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      977           $287,103,704.46                    100.00%                     7.589%                       359                     82.54%                     91.61%                        646                    41.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 9.49
Maximum: 54.73
Weighted Average: 41.20


balloon


Carrington Mortgage Loan Trust, Series 2006-NC5
Balloon Loans

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 2,142
Aggregate Principal Balance ($): 546,028,810
Weighted Average Current Mortgage Rate (%): 8.372
Weighted Average Margin (%): 6.274
Weighted Average Maximum Rate (%): 15.429
Weighted Average Months to Roll: 27
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 358
Weighted Average Combined Original LTV (%): 82.78
% First Liens: 100.00
% Owner Occupied: 88.87
% Purchase: 26.60
% Full Documentation: 53.43
Non-Zero Weighted Average FICO Score: 604


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2/1 ARM                                                             1,391           $354,000,957.62                     64.83%                     8.496%                       358                     80.11%                     82.73%                        597                    42.55%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3/1 ARM                                                               397            108,583,177.21                      19.89                      8.210                       358                      79.52                      83.62                        609                     42.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed                                                                 354             83,444,675.61                      15.28                      8.057                       358                      77.91                      81.88                        631                     41.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                18             $6,379,423.83                      1.17%                     5.889%                       358                     74.26%                     78.94%                        645                    41.34%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                69             22,201,386.90                       4.07                      6.360                       359                      76.39                      79.73                        651                     42.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               154             47,124,261.71                       8.63                      6.841                       358                      76.34                      79.10                        632                     41.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               206             59,548,382.40                      10.91                      7.316                       358                      76.59                      81.23                        624                     43.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               344             95,297,633.32                      17.45                      7.811                       358                      78.65                      83.31                        614                     42.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               289             72,275,138.40                      13.24                      8.287                       358                      78.29                      83.50                        605                     43.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               377             93,644,755.15                      17.15                      8.793                       358                      81.29                      83.77                        591                     42.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               258             57,866,376.07                      10.60                      9.277                       358                      82.70                      84.39                        581                     42.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              215             49,223,424.19                       9.01                      9.770                       358                      82.00                      82.48                        581                     42.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                             108             22,283,471.03                       4.08                     10.282                       358                      84.82                      85.40                        586                     41.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              72             15,069,933.37                       2.76                     10.737                       358                      84.97                      85.41                        576                     40.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                              17              2,335,190.97                       0.43                     11.295                       358                      78.27                      78.27                        557                     39.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                               9              1,991,551.77                       0.36                     11.610                       358                      86.26                      86.26                        571                     40.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               4                559,088.77                       0.10                     12.326                       358                      77.41                      77.41                        530                     35.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                               2                228,792.56                       0.04                     12.625                       356                      43.99                      43.99                        549                     28.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.625%
Maximum: 12.625%
Weighted Average: 8.372%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.01 - 50,000.00                                                              6               $299,446.10                      0.05%                     9.626%                       359                     40.88%                     40.88%                        542                    35.66%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                      172             14,068,927.73                       2.58                      9.263                       358                      76.41                      78.63                        577                     37.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                     351             44,275,533.26                       8.11                      8.801                       358                      77.21                      80.02                        587                     39.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                     366             64,128,269.61                      11.74                      8.585                       358                      76.74                      79.60                        589                     41.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00                                                     340             76,443,472.18                      14.00                      8.472                       358                      77.06                      80.07                        594                     42.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00                                                     243             67,073,388.06                      12.28                      8.364                       358                      78.82                      80.97                        596                     42.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00                                                     167             54,474,354.32                       9.98                      8.329                       358                      81.69                      85.13                        604                     43.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00                                                     198             74,142,478.79                      13.58                      8.116                       358                      79.46                      83.21                        607                     44.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00                                                     109             46,357,514.32                       8.49                      8.082                       358                      82.39                      85.76                        623                     44.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00                                                      85             40,616,733.91                       7.44                      8.179                       358                      82.90                      86.41                        621                     44.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00                                                      44             23,049,773.99                       4.22                      8.209                       358                      84.04                      88.43                        620                     43.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00                                                      23             13,204,670.38                       2.42                      8.226                       358                      84.47                      86.99                        632                     40.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00                                                      15              9,453,126.02                       1.73                      8.324                       358                      79.58                      84.58                        636                     40.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00                                                       7              4,755,060.75                       0.87                      8.221                       358                      88.96                      91.78                        640                     40.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00                                                       6              4,353,222.59                       0.80                      8.167                       358                      84.84                      88.15                        613                     44.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00                                                       2              1,567,476.58                       0.29                      9.165                       359                      80.00                      80.00                        620                     40.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
800,000.01 - 850,000.00                                                       3              2,533,564.38                       0.46                      8.621                       358                      83.78                      90.39                        657                     39.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
850,000.01 - 900,000.00                                                       1                879,711.04                       0.16                      7.525                       359                      89.98                      89.98                        627                     39.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
900,000.01 - 950,000.00                                                       1                919,311.74                       0.17                      8.500                       357                      80.00                      80.00                        634                     42.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to                                         3              3,432,774.69                       0.63                      7.338                       358                      80.21                      80.21                        668                     34.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $49,488.61
Maximum: $1,248,170.35
Weighted Average: $254,915.41


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                 2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 360
Maximum: 360
Weighted Average: 360


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                 2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 354
Maximum: 360
Weighted Average: 358


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.01 - 10.00                                                                  1                $49,990.87                      0.01%                     9.525%                       359                      7.87%                      7.87%                        502                    48.02%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.01 - 20.00                                                                 4                395,738.69                       0.07                      8.374                       358                      19.27                      19.27                        700                     40.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.01 - 25.00                                                                 2                157,936.49                       0.03                      8.235                       358                      22.19                      22.19                        624                     38.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00                                                                 4                429,598.73                       0.08                      8.403                       358                      27.40                      27.40                        609                     39.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00                                                                13              1,583,151.48                       0.29                      8.997                       358                      33.21                      33.21                        574                     34.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00                                                                15              2,635,374.77                       0.48                      7.790                       359                      37.52                      37.52                        587                     40.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00                                                                24              4,809,866.76                       0.88                      7.953                       358                      43.23                      43.23                        574                     37.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00                                                                35              6,665,727.44                       1.22                      7.798                       358                      47.49                      47.49                        582                     42.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00                                                                43              9,279,520.21                       1.70                      8.007                       359                      52.96                      52.96                        575                     40.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00                                                                79             16,964,208.33                       3.11                      7.826                       358                      58.34                      58.34                        573                     41.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00                                                               103             22,644,069.90                       4.15                      8.074                       358                      63.31                      63.31                        573                     41.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00                                                               143             35,737,271.01                       6.54                      8.284                       358                      68.94                      68.94                        580                     41.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00                                                               175             45,437,152.99                       8.32                      8.259                       358                      73.89                      73.95                        581                     43.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00                                                               300             78,129,470.73                      14.31                      8.446                       358                      79.36                      79.36                        579                     42.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00                                                               299             76,181,347.08                      13.95                      8.510                       358                      84.09                      84.45                        577                     42.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00                                                               404            108,576,135.18                      19.88                      8.687                       358                      89.57                      89.64                        611                     41.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                               162             46,197,607.94                       8.46                      8.590                       358                      94.33                      94.82                        640                     43.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                              336             90,154,641.84                      16.51                      8.078                       358                      81.76                      99.98                        666                     44.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 7.87%
Maximum: 100.00%
Weighted Average: 82.78%


8. Current Gross Margin (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  354            $83,444,675.61                     15.28%                     8.057%                       358                     77.91%                     81.88%                        631                    41.96%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500                                                                 3                316,380.88                       0.06                      9.806                       359                      83.46                      83.46                        548                     42.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                               296             78,510,407.45                      14.38                      8.134                       358                      80.43                      84.59                        615                     42.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                             1,172            303,754,275.97                      55.63                      8.367                       358                      81.20                      84.52                        605                     42.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               192             51,345,339.23                       9.40                      8.798                       358                      76.53                      77.23                        574                     44.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               115             26,660,291.08                       4.88                      9.198                       358                      71.40                      71.40                        550                     42.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                 8              1,492,495.67                       0.27                      9.303                       358                      77.67                      77.67                        564                     43.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                 2                504,944.55                       0.09                     10.104                       356                      80.75                      80.75                        552                     50.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.450%
Maximum: 8.850%
Non-Zero Weighted Average: 6.274%


9. Minimum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  354            $83,444,675.61                     15.28%                     8.057%                       358                     77.91%                     81.88%                        631                    41.96%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                 5              1,628,162.78                       0.30                      5.778                       358                      79.52                      84.92                        693                     46.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                58             19,110,740.31                       3.50                      6.202                       359                      77.25                      82.24                        637                     41.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               111             34,359,059.35                       6.29                      6.828                       359                      76.77                      79.50                        625                     42.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               168             48,594,165.15                       8.90                      7.311                       358                      76.65                      82.14                        622                     43.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               287             81,130,503.34                      14.86                      7.807                       358                      78.60                      83.14                        611                     42.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               245             62,359,882.48                      11.42                      8.289                       358                      78.48                      82.82                        598                     43.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               323             81,204,139.77                      14.87                      8.794                       358                      81.14                      83.10                        584                     42.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               225             51,677,807.66                       9.46                      9.278                       358                      82.92                      84.35                        579                     42.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              184             44,223,197.09                       8.10                      9.768                       358                      82.06                      82.49                        583                     42.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                              94             20,419,911.14                       3.74                     10.288                       358                      85.33                      85.84                        588                     41.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              64             13,945,786.93                       2.55                     10.744                       358                      85.82                      86.25                        580                     40.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                              11              1,535,295.94                       0.28                     11.218                       358                      77.69                      77.69                        559                     39.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                               7              1,607,601.56                       0.29                     11.581                       358                      87.57                      87.57                        586                     40.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               4                559,088.77                       0.10                     12.326                       358                      77.41                      77.41                        530                     35.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                               2                228,792.56                       0.04                     12.625                       356                      43.99                      43.99                        549                     28.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.900%
Maximum: 12.625%
Non-Zero Weighted Average: 8.434%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  354            $83,444,675.61                     15.28%                     8.057%                       358                     77.91%                     81.88%                        631                    41.96%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                              18              6,379,423.83                       1.17                      5.889                       358                      74.26                      78.94                        645                     41.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500                                                              47             14,884,184.68                       2.73                      6.291                       359                      78.35                      83.34                        640                     42.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000                                                             110             34,214,046.83                       6.27                      6.837                       359                      76.85                      79.59                        624                     42.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500                                                             167             48,214,472.25                       8.83                      7.315                       358                      76.72                      82.25                        622                     43.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000                                                             287             81,130,503.34                      14.86                      7.807                       358                      78.60                      83.14                        611                     42.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500                                                             245             62,359,882.48                      11.42                      8.289                       358                      78.48                      82.82                        598                     43.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000                                                             323             81,204,139.77                      14.87                      8.794                       358                      81.14                      83.10                        584                     42.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500                                                             225             51,677,807.66                       9.46                      9.278                       358                      82.92                      84.35                        579                     42.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000                                                             184             44,223,197.09                       8.10                      9.768                       358                      82.06                      82.49                        583                     42.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500                                                              94             20,419,911.14                       3.74                     10.288                       358                      85.33                      85.84                        588                     41.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000                                                              64             13,945,786.93                       2.55                     10.744                       358                      85.82                      86.25                        580                     40.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500                                                              11              1,535,295.94                       0.28                     11.218                       358                      77.69                      77.69                        559                     39.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000                                                               7              1,607,601.56                       0.29                     11.581                       358                      87.57                      87.57                        586                     40.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
19.001 - 19.500                                                               4                559,088.77                       0.10                     12.326                       358                      77.41                      77.41                        530                     35.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
19.501 - 20.000                                                               2                228,792.56                       0.04                     12.625                       356                      43.99                      43.99                        549                     28.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 12.625%
Maximum: 19.625%
Non-Zero Weighted Average: 15.429%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  354            $83,444,675.61                     15.28%                     8.057%                       358                     77.91%                     81.88%                        631                    41.96%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2                                                                         1,788            462,584,134.83                      84.72                      8.429                       358                      79.97                      82.94                        599                     42.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 2.000%
Maximum: 2.000%
Non-Zero Weighted Average: 2.000%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  354            $83,444,675.61                     15.28%                     8.057%                       358                     77.91%                     81.88%                        631                    41.96%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                       1,788            462,584,134.83                      84.72                      8.429                       358                      79.97                      82.94                        599                     42.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  354            $83,444,675.61                     15.28%                     8.057%                       358                     77.91%                     81.88%                        631                    41.96%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6/1/2008                                                                      1                110,904.76                       0.02                     10.400                       354                      67.27                      67.27                        508                     26.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2008                                                                      4              1,144,307.71                       0.21                      8.912                       355                      83.81                      87.58                        615                     46.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2008                                                                     28              7,478,271.73                       1.37                      9.013                       356                      78.86                      80.24                        607                     44.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2008                                                                    112             32,433,626.61                       5.94                      9.057                       357                      83.64                      85.21                        595                     43.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2008                                                                   516            135,498,286.92                      24.82                      8.495                       358                      79.87                      81.68                        591                     42.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2008                                                                   720            174,652,689.89                      31.99                      8.363                       359                      79.69                      83.11                        600                     42.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2008                                                                    10              2,682,870.00                       0.49                      8.734                       360                      79.73                      87.03                        612                     44.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2009                                                                      1                225,751.32                       0.04                      8.950                       355                      89.68                      89.68                        581                     47.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2009                                                                     27              6,931,525.60                       1.27                      8.849                       356                      82.24                      86.98                        585                     43.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2009                                                                     79             23,379,267.31                       4.28                      8.687                       357                      79.83                      83.51                        591                     44.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2009                                                                    71             20,089,404.05                       3.68                      8.326                       358                      78.49                      81.74                        608                     42.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2009                                                                   215             57,312,029.12                      10.50                      7.899                       359                      79.38                      83.77                        620                     41.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2009                                                                     4                645,199.81                       0.12                      7.948                       360                      80.00                      93.80                        623                     42.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AK                                                                            5             $1,297,616.86                      0.24%                     9.013%                       359                     84.79%                     90.23%                        590                    47.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL                                                                           14              1,851,019.00                       0.34                      9.396                       358                      84.38                      88.37                        576                     38.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR                                                                            2                231,935.83                       0.04                      9.745                       359                      80.00                      89.31                        566                     37.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                           88             18,498,884.56                       3.39                      8.325                       358                      79.09                      81.39                        593                     40.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                          482            160,009,220.15                      29.30                      8.136                       358                      77.16                      80.35                        608                     42.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO                                                                           28              5,566,982.79                       1.02                      8.593                       358                      86.58                      89.18                        595                     41.94
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT                                                                           27              5,963,541.97                       1.09                      8.690                       358                      80.84                      81.62                        566                     44.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC                                                                            7              1,760,313.73                       0.32                      8.787                       359                      72.60                      72.60                        585                     39.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE                                                                            5                775,919.68                       0.14                      8.714                       358                      80.86                      80.86                        556                     39.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                          311             63,171,338.62                      11.57                      8.608                       358                      78.68                      80.41                        586                     42.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA                                                                           44              7,682,578.24                       1.41                      9.130                       358                      83.83                      89.45                        600                     42.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                           33             11,016,145.01                       2.02                      7.815                       358                      79.26                      84.06                        647                     45.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA                                                                            1                 91,468.71                       0.02                      9.475                       357                      80.00                     100.00                        608                     43.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID                                                                            8              1,644,649.67                       0.30                      8.553                       359                      80.44                      81.68                        577                     38.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                           68             15,704,821.62                       2.88                      8.508                       358                      81.68                      84.79                        603                     42.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN                                                                           11              1,223,717.62                       0.22                      9.826                       359                      83.96                      83.96                        586                     35.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS                                                                            4                321,926.73                       0.06                      9.813                       358                      82.44                      88.45                        529                     27.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY                                                                           13              1,448,070.43                       0.27                      8.711                       358                      83.41                      84.64                        611                     42.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
LA                                                                            3                455,324.82                       0.08                      8.793                       358                      76.45                      76.45                        585                     43.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                           71             19,644,795.87                       3.60                      8.392                       358                      80.22                      82.31                        612                     41.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD                                                                           89             23,012,700.77                       4.21                      8.503                       358                      80.28                      82.57                        590                     43.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                           43              5,654,303.63                       1.04                      8.955                       358                      85.19                      87.47                        592                     40.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN                                                                           28              4,995,512.90                       0.91                      8.756                       359                      81.98                      87.41                        610                     42.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO                                                                            9              1,247,108.30                       0.23                      9.742                       358                      89.65                      91.73                        573                     42.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MS                                                                            4                484,602.22                       0.09                      9.508                       358                      77.25                      82.05                        561                     44.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC                                                                            5                864,832.54                       0.16                      9.207                       358                      85.17                      91.16                        622                     39.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE                                                                            4                426,325.31                       0.08                     10.161                       358                      94.16                      94.16                        634                     46.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH                                                                            8              2,390,318.93                       0.44                      8.459                       358                      82.54                      84.94                        584                     42.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                          117             34,795,840.67                       6.37                      8.443                       358                      81.31                      84.38                        622                     43.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM                                                                           17              3,075,807.12                       0.56                      8.927                       359                      86.64                      87.48                        580                     40.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV                                                                           32              7,481,615.64                       1.37                      8.487                       358                      77.30                      82.51                        607                     39.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                          212             74,744,931.82                      13.69                      8.014                       358                      79.97                      84.53                        623                     43.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH                                                                           27              3,271,418.27                       0.60                      9.317                       358                      85.38                      86.80                        597                     40.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK                                                                            8                846,759.57                       0.16                      9.814                       358                      93.78                      93.78                        621                     37.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR                                                                           31              6,799,579.03                       1.25                      8.451                       358                      83.87                      86.08                        608                     41.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA                                                                           55              8,940,413.50                       1.64                      9.001                       359                      81.21                      84.09                        582                     41.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI                                                                           14              3,377,434.24                       0.62                      8.177                       359                      79.84                      83.65                        609                     44.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC                                                                           22              3,600,298.52                       0.66                      8.886                       358                      83.23                      86.40                        577                     37.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SD                                                                            1                 78,259.81                       0.01                      8.850                       358                      90.00                      90.00                        622                     39.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN                                                                           12              1,929,900.68                       0.35                      9.354                       358                      87.24                      93.36                        591                     38.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                           41              8,213,347.77                       1.50                      9.154                       358                      84.66                      93.59                        615                     43.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT                                                                           19              3,327,315.53                       0.61                      8.623                       358                      75.30                      78.15                        598                     41.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA                                                                           37              8,331,833.10                       1.53                      8.646                       358                      76.80                      77.52                        569                     41.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VT                                                                            1                382,356.06                       0.07                      9.438                       358                      85.00                      85.00                        606                     41.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA                                                                           63             16,908,378.42                       3.10                      8.127                       358                      82.77                      85.03                        597                     40.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI                                                                           16              2,240,380.53                       0.41                      8.791                       358                      83.24                      85.90                        578                     43.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV                                                                            2                246,963.65                       0.05                      9.274                       358                      87.37                      87.37                        605                     38.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 47


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                         205            $50,946,226.80                      9.33%                     8.985%                       358                     84.15%                     84.29%                        652                    39.30%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                         1,899            485,231,162.96                      88.87                      8.295                       358                      79.13                      82.46                        599                     42.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home                                                                  38              9,851,420.68                       1.80                      8.990                       358                      82.27                      90.44                        637                     43.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One Family                                                                1,577           $384,164,646.45                     70.36%                     8.365%                       358                     79.68%                     82.55%                        600                    42.36%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                    190             67,514,857.96                      12.36                      8.268                       358                      78.10                      81.65                        630                     43.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Detached                                                                172             48,202,946.21                       8.83                      8.345                       358                      81.17                      85.71                        597                     42.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                       149             33,284,041.91                       6.10                      8.569                       358                      79.81                      83.22                        619                     42.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Attached                                                                 53             12,637,159.62                       2.31                      8.709                       358                      81.06                      83.44                        594                     41.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Modular Home                                                                  1                225,158.29                       0.04                      9.175                       358                      85.00                      85.00                        518                     37.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                  1,398           $353,028,357.04                     64.65%                     8.317%                       358                     77.46%                     77.58%                        587                    41.91%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                    549            145,242,650.37                      26.60                      8.559                       358                      84.76                      94.43                        647                     43.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rate/Term                                                                   195             47,757,803.03                       8.75                      8.207                       358                      80.34                      85.77                        602                     44.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                        1,248           $291,747,649.31                     53.43%                     8.107%                       358                     79.52%                     81.29%                        587                    42.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation                                                        33              8,811,692.56                       1.61                      8.503                       358                      76.22                      78.14                        577                     41.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                        861            245,469,468.57                      44.96                      8.682                       358                      79.94                      84.72                        626                     42.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                           605           $164,778,074.19                     30.18%                     8.687%                       358                     81.57%                     84.78%                        615                    42.31%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                          165             57,197,778.06                      10.48                      8.265                       358                      80.70                      85.37                        616                     43.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                          994            237,596,781.65                      43.51                      8.302                       358                      78.71                      81.34                        589                     42.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                          378             86,456,176.54                      15.83                      8.034                       358                      77.94                      81.21                        617                     42.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 25


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
less than or equal to 500                                                    14             $3,124,447.56                      0.57%                     8.956%                       358                     75.30%                     75.92%                        500                    42.77%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525                                                                   258             56,871,038.73                      10.42                      9.180                       358                      74.90                      75.17                        513                     42.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550                                                                   260             58,477,471.07                      10.71                      8.709                       358                      75.01                      75.70                        537                     43.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575                                                                   359             83,144,244.54                      15.23                      8.593                       358                      77.94                      78.30                        562                     41.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                   303             79,077,326.63                      14.48                      8.406                       358                      79.67                      80.07                        588                     43.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625                                                                   266             69,684,495.94                      12.76                      8.178                       358                      81.69                      84.06                        613                     42.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650                                                                   239             59,312,888.32                      10.86                      8.149                       358                      83.23                      88.52                        637                     42.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675                                                                   206             60,583,847.34                      11.10                      7.995                       358                      82.23                      89.95                        662                     41.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700                                                                   109             32,984,147.30                       6.04                      7.807                       359                      81.70                      89.34                        687                     42.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
701 - 725                                                                    58             19,093,518.92                       3.50                      7.869                       358                      82.91                      91.85                        713                     42.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
726 - 750                                                                    42             15,283,264.39                       2.80                      7.818                       358                      82.23                      91.26                        738                     43.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
751 - 775                                                                    16              4,981,139.92                       0.91                      8.271                       358                      84.11                      94.18                        761                     40.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
776 - 800                                                                    10              2,919,637.97                       0.53                      7.988                       358                      83.76                      91.23                        781                     39.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
801 - 825                                                                     2                491,341.81                       0.09                      7.126                       357                      50.52                      60.76                        802                     45.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 802
Weighted Average: 604


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                 32             $7,726,883.32                      1.42%                     8.079%                       358                     77.38%                     77.85%                        619                    13.36%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99                                                                74             13,795,844.41                       2.53                      8.732                       358                      74.93                      77.00                        604                     23.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                               113             23,680,493.40                       4.34                      8.471                       358                      76.93                      78.24                        611                     27.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                               202             42,515,994.64                       7.79                      8.342                       358                      76.53                      78.14                        596                     32.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                               339             82,048,448.30                      15.03                      8.446                       358                      79.82                      82.51                        609                     37.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                               457            121,750,539.50                      22.30                      8.416                       358                      80.91                      83.68                        603                     42.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                               766            213,794,198.17                      39.15                      8.356                       358                      82.16                      86.76                        609                     47.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                               159             40,716,408.70                       7.46                      8.086                       358                      69.33                      70.12                        576                     53.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,142           $546,028,810.44                    100.00%                     8.372%                       358                     79.66%                     82.78%                        604                    42.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0.06
Maximum: 55.00
Weighted Average: 42.46


simultaneous seconds


Carrington Mortgage Loan Trust, Series 2006-NC5
Simultaneous Seconds

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 1,236
Aggregate Principal Balance ($): 301,321,728
Weighted Average Current Mortgage Rate (%): 7.751
Weighted Average Margin (%): 6.091
Weighted Average Maximum Rate (%): 14.708
Weighted Average Months to Roll: 27
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 358
Weighted Average Combined Original LTV (%): 99.48
% First Liens: 100.00
% Owner Occupied: 95.36
% Purchase: 82.41
% Full Documentation: 50.52
Non-Zero Weighted Average FICO Score: 654


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15 Fixed                                                                      1               $101,319.79                      0.03%                     8.525%                       179                     80.00%                    100.00%                        663                    27.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM                                                                     306             55,068,858.31                      18.28                      8.070                       358                      80.90                      99.59                        647                     42.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM 5Y-IO                                                               347             97,732,949.33                      32.43                      7.414                       359                      80.14                      99.78                        653                     41.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed                                                                     45              8,465,767.79                       2.81                      7.943                       358                      79.54                      99.52                        653                     40.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 5Y-IO                                                               12              2,410,184.85                       0.80                      7.942                       357                      79.35                     100.00                        652                     44.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM                                                                      73             14,211,498.20                       4.72                      8.176                       358                      81.09                      99.28                        643                     42.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM 5Y-IO                                                               111             32,282,591.36                      10.71                      7.351                       359                      79.89                      99.56                        656                     40.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2/1 ARM                                                               188             50,654,120.50                      16.81                      7.965                       359                      80.79                      99.10                        659                     44.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3/1 ARM                                                                89             23,324,099.52                       7.74                      7.797                       358                      80.22                      99.29                        647                     45.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed                                                                  64             17,070,338.14                       5.67                      8.223                       358                      79.35                      98.75                        683                     44.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500                                                                 1               $252,000.00                      0.08%                     5.500%                       359                     80.00%                    100.00%                        641                    44.04%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                19              6,055,327.43                       2.01                      5.880                       359                      79.63                      99.36                        661                     43.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                49             15,101,691.08                       5.01                      6.331                       359                      79.84                      99.42                        670                     42.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               130             43,081,729.55                      14.30                      6.803                       359                      80.10                      99.86                        660                     42.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               226             59,991,015.70                      19.91                      7.295                       359                      79.71                      99.42                        658                     42.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               304             72,820,336.89                      24.17                      7.765                       358                      80.07                      99.79                        657                     41.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               206             47,375,859.99                      15.72                      8.268                       358                      80.57                      99.60                        657                     43.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               149             32,934,641.50                      10.93                      8.740                       358                      80.29                      99.14                        652                     42.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                                78             13,977,226.65                       4.64                      9.249                       358                      82.49                      98.66                        627                     42.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                               40              5,791,331.29                       1.92                      9.772                       358                      84.33                      98.94                        597                     42.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                              21              2,664,006.26                       0.88                     10.269                       358                      84.28                      96.43                        565                     43.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              10              1,074,071.67                       0.36                     10.740                       358                      86.30                      96.20                        542                     39.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                               3                202,489.78                       0.07                     11.317                       357                      88.22                      94.47                        556                     31.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.500%
Maximum: 11.500%
Weighted Average: 7.751%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                      122            $10,411,308.56                      3.46%                     8.807%                       358                     81.31%                     98.83%                        615                    39.66%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                     256             32,076,597.76                      10.65                      8.202                       358                      80.68                      99.63                        638                     41.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                     222             39,055,987.95                      12.96                      7.947                       359                      80.40                      99.61                        647                     41.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00                                                     172             38,560,890.55                      12.80                      7.765                       358                      80.03                      99.59                        648                     41.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00                                                     117             31,923,557.31                      10.59                      7.621                       359                      80.59                      99.72                        654                     43.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00                                                      86             27,536,190.62                       9.14                      7.698                       359                      80.44                      99.70                        659                     43.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00                                                      91             34,221,880.38                      11.36                      7.367                       358                      80.16                      99.37                        663                     43.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00                                                      57             24,100,063.87                       8.00                      7.461                       358                      80.46                      99.21                        667                     43.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00                                                      46             21,750,292.85                       7.22                      7.494                       359                      80.45                      99.89                        663                     42.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00                                                      26             13,622,196.86                       4.52                      7.496                       359                      79.77                      99.35                        668                     42.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00                                                      13              7,521,471.83                       2.50                      7.737                       359                      80.92                      98.88                        663                     42.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00                                                      10              6,302,486.25                       2.09                      8.011                       359                      78.73                      98.22                        653                     45.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00                                                       4              2,694,833.88                       0.89                      8.153                       358                      80.00                     100.00                        690                     39.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00                                                       7              5,006,264.16                       1.66                      7.882                       358                      80.00                      99.29                        677                     38.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00                                                       2              1,522,392.00                       0.51                      7.287                       358                      80.00                     100.00                        657                     46.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
800,000.01 - 850,000.00                                                       1                837,117.14                       0.28                      7.990                       358                      80.00                     100.00                        674                     41.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
950,000.01 - 1,000,000.00                                                     3              2,978,195.82                       0.99                      7.313                       358                      81.12                      99.16                        627                     38.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to                                         1              1,200,000.00                       0.40                      7.400                       359                      75.95                      94.94                        693                     38.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $50,383.16
Maximum: $1,200,000.00
Weighted Average: $243,787.81


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     1               $101,319.79                      0.03%                     8.525%                       179                     80.00%                    100.00%                        663                    27.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                 1,235            301,220,408.00                      99.97                      7.750                       358                      80.35                      99.48                        654                     42.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 180
Maximum: 360
Weighted Average: 360


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     1               $101,319.79                      0.03%                     8.525%                       179                     80.00%                    100.00%                        663                    27.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                 1,235            301,220,408.00                      99.97                      7.750                       358                      80.35                      99.48                        654                     42.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 179
Maximum: 360
Weighted Average: 358


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00                                                                 1               $360,833.30                      0.12%                     8.750%                       358                     62.78%                     70.43%                        573                    46.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00                                                                 1                 77,908.05                       0.03                      8.650                       358                      52.00                      79.11                        512                     46.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00                                                                 6              2,096,917.58                       0.70                      7.681                       359                      69.14                      82.66                        575                     42.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00                                                                10              2,548,250.00                       0.85                      8.368                       359                      80.31                      88.82                        590                     39.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                                67             13,079,009.14                       4.34                      8.544                       358                      83.82                      94.79                        623                     40.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                            1,151            283,158,809.72                      93.97                      7.707                       358                      80.30                      99.96                        657                     42.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 70.43%
Maximum: 100.00%
Weighted Average: 99.48%


8. Current Gross Margin (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  122            $28,047,610.57                      9.31%                     8.115%                       357                     79.41%                     99.10%                        671                    43.04%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                               292             75,088,435.01                      24.92                      7.383                       359                      80.22                      99.72                        658                     42.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                               811            194,550,475.17                      64.57                      7.828                       359                      80.57                      99.54                        651                     42.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                 9              3,367,933.72                       1.12                      8.267                       359                      77.91                      94.21                        624                     45.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                 2                267,273.32                       0.09                      9.467                       358                      83.10                      98.45                        635                     36.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.875%
Maximum: 7.350%
Non-Zero Weighted Average: 6.091%


9. Minimum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  122            $28,047,610.57                      9.31%                     8.115%                       357                     79.41%                     99.10%                        671                    43.04%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                 9              2,927,755.54                       0.97                      5.802                       359                      80.00                     100.00                        659                     41.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                58             17,781,350.72                       5.90                      6.251                       359                      79.75                      99.31                        669                     42.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               122             39,877,281.44                      13.23                      6.796                       359                      80.11                      99.85                        657                     42.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               219             57,970,922.28                      19.24                      7.297                       359                      79.87                      99.59                        658                     43.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               280             66,469,082.06                      22.06                      7.756                       359                      80.06                      99.77                        655                     41.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               176             40,187,838.18                      13.34                      8.269                       359                      80.88                      99.81                        656                     43.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               120             27,168,402.53                       9.02                      8.744                       358                      80.42                      98.96                        647                     41.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                                66             12,108,762.30                       4.02                      9.243                       358                      82.81                      98.46                        625                     42.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                               35              5,309,338.07                       1.76                      9.778                       358                      84.52                      98.92                        595                     42.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                              18              2,370,725.20                       0.79                     10.291                       358                      84.70                      96.35                        563                     43.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                               8                900,169.12                       0.30                     10.750                       358                      87.25                      96.04                        546                     38.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                               3                202,489.78                       0.07                     11.317                       357                      88.22                      94.47                        556                     31.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.900%
Maximum: 11.500%
Non-Zero Weighted Average: 7.718%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  122            $28,047,610.57                      9.31%                     8.115%                       357                     79.41%                     99.10%                        671                    43.04%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               1                252,000.00                       0.08                      5.500                       359                      80.00                     100.00                        641                     44.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                              19              6,055,327.43                       2.01                      5.880                       359                      79.63                      99.36                        661                     43.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500                                                              48             14,513,693.60                       4.82                      6.337                       359                      79.85                      99.42                        670                     42.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000                                                             124             40,149,335.68                      13.32                      6.802                       359                      80.12                      99.85                        657                     42.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500                                                             221             58,306,874.73                      19.35                      7.304                       359                      79.90                      99.58                        658                     42.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000                                                             279             66,414,733.09                      22.04                      7.760                       359                      80.05                      99.77                        655                     41.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500                                                             173             39,739,970.96                      13.19                      8.269                       359                      80.85                      99.83                        656                     43.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000                                                             121             27,198,604.37                       9.03                      8.753                       358                      80.44                      98.96                        646                     41.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500                                                              67             12,292,536.22                       4.08                      9.260                       358                      82.77                      98.40                        623                     42.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000                                                              33              5,061,430.96                       1.68                      9.773                       358                      84.61                      98.87                        598                     42.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500                                                              17              2,186,951.28                       0.73                     10.282                       358                      85.10                      96.47                        569                     43.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000                                                               8                900,169.12                       0.30                     10.750                       358                      87.25                      96.04                        546                     38.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500                                                               3                202,489.78                       0.07                     11.317                       357                      88.22                      94.47                        556                     31.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 12.500%
Maximum: 18.500%
Non-Zero Weighted Average: 14.708%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  122            $28,047,610.57                      9.31%                     8.115%                       357                     79.41%                     99.10%                        671                    43.04%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                             9              1,263,517.26                       0.42                      8.681                       358                      82.35                      98.60                        582                     43.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2                                                                         1,105            272,010,599.96                      90.27                      7.709                       359                      80.43                      99.53                        653                     42.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 2.000%
Non-Zero Weighted Average: 1.995%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  122            $28,047,610.57                      9.31%                     8.115%                       357                     79.41%                     99.10%                        671                    43.04%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                            11              1,497,223.62                       0.50                      8.630                       358                      80.53                      97.73                        582                     42.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                       1,103            271,776,893.60                      90.19                      7.708                       359                      80.44                      99.53                        653                     42.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 1.500%
Non-Zero Weighted Average: 1.497%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  122            $28,047,610.57                      9.31%                     8.115%                       357                     79.41%                     99.10%                        671                    43.04%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2008                                                                      3                587,996.48                       0.20                      8.644                       355                      80.00                     100.00                        652                     41.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2008                                                                      8              1,417,791.38                       0.47                      8.023                       356                      79.98                      99.28                        647                     44.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2008                                                                     29              7,090,020.47                       2.35                      7.933                       357                      80.94                      99.54                        647                     44.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2008                                                                   316             76,376,849.69                      25.35                      7.801                       358                      80.50                      99.39                        652                     41.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2008                                                                   478            115,950,870.12                      38.48                      7.667                       359                      80.51                      99.67                        654                     42.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2008                                                                     7              2,032,400.00                       0.67                      7.359                       360                      80.00                     100.00                        659                     43.94
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2009                                                                      2                370,703.76                       0.12                      7.115                       355                      80.00                      99.99                        669                     44.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2009                                                                     12              2,932,962.62                       0.97                      8.271                       356                      80.48                      98.73                        600                     42.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2009                                                                     33              9,334,881.20                       3.10                      8.420                       357                      81.08                      99.23                        649                     41.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2009                                                                    24              6,055,739.92                       2.01                      7.705                       358                      80.55                      99.11                        656                     44.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2009                                                                   196             50,059,296.18                      16.61                      7.495                       359                      80.05                      99.50                        653                     42.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2009                                                                     6              1,064,605.40                       0.35                      7.530                       360                      80.00                     100.00                        647                     37.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AK                                                                           13             $2,815,400.50                      0.93%                     8.134%                       359                     81.36%                     99.85%                        644                    43.29%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL                                                                           10              1,495,359.77                       0.50                      8.903                       358                      81.52                      97.68                        612                     38.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR                                                                           16              2,375,523.69                       0.79                      8.150                       358                      80.14                      99.86                        650                     40.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                           39              7,779,779.80                       2.58                      7.842                       358                      80.18                      99.73                        660                     42.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                          274            103,854,968.50                      34.47                      7.445                       359                      80.01                      99.48                        660                     42.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO                                                                           19              3,658,213.25                       1.21                      7.535                       358                      80.25                      99.65                        644                     44.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT                                                                            9              1,415,268.78                       0.47                      8.038                       358                      79.60                      97.43                        640                     41.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC                                                                            1                519,186.25                       0.17                      7.250                       358                      80.00                     100.00                        741                     10.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE                                                                            2                383,992.00                       0.13                      6.942                       358                      80.00                     100.00                        640                     46.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                          108             21,973,240.50                       7.29                      7.987                       359                      80.27                      99.60                        648                     42.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA                                                                           32              5,967,466.05                       1.98                      7.986                       358                      80.79                      99.69                        651                     41.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                           23              8,734,103.88                       2.90                      7.495                       358                      80.02                      99.13                        656                     43.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA                                                                            9              1,412,744.44                       0.47                      8.479                       358                      80.56                      99.58                        635                     42.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID                                                                            5                608,510.15                       0.20                      8.229                       358                      81.53                     100.00                        597                     46.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                           54             10,999,356.64                       3.65                      7.851                       359                      80.32                      99.66                        657                     42.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN                                                                            4                409,224.48                       0.14                      7.806                       358                      77.69                      93.92                        570                     41.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS                                                                            4                425,053.03                       0.14                      9.027                       358                      82.31                     100.00                        631                     42.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY                                                                            4                500,199.77                       0.17                      8.485                       358                      82.04                     100.00                        604                     43.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
LA                                                                            3                286,703.81                       0.10                      7.480                       358                      80.00                     100.00                        638                     36.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                           24              5,999,157.55                       1.99                      7.624                       358                      80.43                      99.77                        666                     45.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD                                                                           37              9,073,178.69                       3.01                      7.516                       359                      80.08                      99.80                        658                     42.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME                                                                            9              1,263,517.26                       0.42                      8.681                       358                      82.35                      98.60                        582                     43.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                           27              3,050,445.21                       1.01                      8.645                       358                      81.08                      99.01                        640                     39.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN                                                                           37              7,240,064.77                       2.40                      7.706                       359                      80.19                      99.92                        648                     44.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO                                                                            8                952,311.53                       0.32                      9.284                       359                      84.51                      99.57                        598                     39.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MS                                                                            5                631,339.47                       0.21                      8.556                       358                      81.82                      98.82                        624                     48.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MT                                                                            4                654,241.80                       0.22                      8.713                       358                      80.00                     100.00                        610                     39.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC                                                                            6                864,529.15                       0.29                      8.183                       358                      79.61                     100.00                        680                     44.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ND                                                                            1                 94,719.99                       0.03                      8.575                       359                      80.00                     100.00                        629                     35.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE                                                                            2                270,632.38                       0.09                      8.464                       359                      83.06                     100.00                        627                     38.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH                                                                            4              1,333,791.08                       0.44                      7.858                       359                      80.94                      92.96                        601                     34.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                           53             13,898,512.76                       4.61                      8.029                       358                      80.61                      99.75                        670                     43.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM                                                                            5                749,221.90                       0.25                      8.548                       358                      80.74                      99.26                        634                     40.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV                                                                           20              5,368,437.13                       1.78                      7.717                       358                      80.00                     100.00                        636                     38.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                           77             27,264,210.20                       9.05                      7.581                       358                      80.24                      99.44                        669                     44.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH                                                                           16              2,290,267.37                       0.76                      8.109                       359                      82.04                      99.30                        619                     39.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK                                                                            5                747,212.39                       0.25                      8.237                       358                      81.97                      97.86                        630                     41.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR                                                                           16              2,608,933.21                       0.87                      7.705                       358                      80.46                      99.61                        646                     43.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA                                                                           32              5,192,274.70                       1.72                      7.985                       358                      80.49                      99.63                        635                     43.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI                                                                            9              1,854,089.50                       0.62                      7.501                       359                      77.75                      97.11                        683                     43.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC                                                                           11              1,589,737.14                       0.53                      7.794                       359                      81.31                      99.06                        612                     40.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN                                                                           16              1,932,258.70                       0.64                      8.886                       358                      82.83                     100.00                        619                     43.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                          110             16,991,858.71                       5.64                      8.349                       357                      80.78                      99.48                        645                     41.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT                                                                           15              3,008,222.38                       1.00                      7.876                       358                      80.60                      99.70                        664                     35.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA                                                                           11              2,344,615.46                       0.78                      8.034                       359                      83.57                      99.42                        623                     45.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA                                                                           26              5,453,204.57                       1.81                      7.865                       358                      81.09                      99.62                        641                     42.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI                                                                           19              2,778,728.86                       0.92                      8.093                       359                      80.58                      99.66                        648                     38.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV                                                                            2                207,718.64                       0.07                      7.530                       359                      81.23                      98.73                        615                     45.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 48


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                           8             $1,578,579.47                      0.52%                     9.484%                       358                     85.30%                     93.93%                        647                    40.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                         1,174            287,343,732.10                      95.36                      7.714                       358                      80.31                      99.51                        653                     42.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home                                                                  54             12,399,416.22                       4.12                      8.369                       358                      80.53                      99.60                        680                     43.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One Family                                                                  833           $199,886,503.11                     66.34%                     7.709%                       359                     80.31%                     99.49%                        652                    42.62%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Detached                                                                186             46,071,140.89                      15.29                      7.881                       358                      80.38                      99.10                        647                     40.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                     74             24,795,849.22                       8.23                      7.779                       358                      80.82                      99.76                        686                     44.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                       104             22,577,309.69                       7.49                      7.831                       358                      80.09                      99.80                        658                     41.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Attached                                                                 39              7,990,924.88                       2.65                      7.711                       358                      80.17                      99.69                        651                     43.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                  1,043           $248,309,292.98                     82.41%                     7.811%                       358                     80.50%                     99.72%                        656                    42.63%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rate/Term                                                                   162             43,714,193.46                      14.51                      7.424                       358                      79.95                      99.12                        645                     42.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                     31              9,298,241.35                       3.09                      7.671                       358                      78.13                      94.96                        646                     38.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                          686           $152,234,527.73                     50.52%                     7.475%                       358                     80.37%                     99.42%                        636                    41.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation                                                        21              6,261,147.00                       2.08                      7.342                       359                      80.74                     100.00                        653                     41.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                        529            142,826,053.06                      47.40                      8.062                       358                      80.30                      99.53                        674                     43.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                           334            $84,155,711.68                     27.93%                     8.103%                       359                     80.36%                     99.54%                        659                    42.78%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                           94             29,185,703.46                       9.69                      7.745                       358                      80.50                      99.70                        668                     43.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                          607            140,232,442.28                      46.54                      7.593                       359                      80.53                      99.48                        649                     42.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                          201             47,747,870.37                      15.85                      7.594                       358                      79.67                      99.24                        652                     42.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 25


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
less than or equal to 500                                                     1                $96,756.75                      0.03%                    10.225%                       357                     80.00%                    100.00%                        500                    37.02%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525                                                                    21              2,728,059.11                       0.91                      9.732                       358                      81.33                      96.99                        510                     41.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550                                                                    31              5,193,734.05                       1.72                      8.959                       358                      79.71                      94.26                        538                     45.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575                                                                    37              5,914,918.18                       1.96                      8.766                       358                      83.27                      94.18                        565                     42.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                    39              8,310,034.52                       2.76                      8.569                       358                      84.22                      99.05                        593                     43.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625                                                                   238             53,533,862.88                      17.77                      7.727                       359                      80.58                      99.69                        613                     41.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650                                                                   290             68,530,843.16                      22.74                      7.604                       359                      79.93                      99.65                        640                     42.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675                                                                   295             76,195,354.57                      25.29                      7.744                       358                      80.22                      99.81                        661                     42.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700                                                                   138             36,463,573.16                      12.10                      7.641                       359                      79.81                      99.62                        688                     42.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
701 - 725                                                                    68             19,796,873.53                       6.57                      7.513                       358                      80.37                      99.78                        711                     43.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
726 - 750                                                                    50             16,446,093.01                       5.46                      7.437                       358                      80.24                      99.88                        738                     41.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
751 - 775                                                                    18              5,495,529.20                       1.82                      7.941                       358                      80.00                     100.00                        761                     42.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
776 - 800                                                                     7              2,078,211.03                       0.69                      7.783                       359                      80.00                     100.00                        783                     35.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
801 - 825                                                                     3                537,884.64                       0.18                      7.497                       357                      80.00                     100.00                        803                     40.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 805
Weighted Average: 654


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                 13             $3,356,031.89                      1.11%                     7.348%                       358                     80.11%                     98.72%                        684                    14.52%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99                                                                30              8,016,249.55                       2.66                      7.699                       358                      80.60                      99.40                        661                     22.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                                52              9,017,267.76                       2.99                      7.886                       356                      80.35                      99.85                        657                     27.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                               106             21,545,534.80                       7.15                      7.752                       359                      80.10                      98.87                        643                     32.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                               195             45,270,532.89                      15.02                      7.770                       359                      80.11                      99.31                        651                     37.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                               306             78,001,680.88                      25.89                      7.686                       358                      80.55                      99.73                        658                     42.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                               516            131,738,765.07                      43.72                      7.799                       359                      80.38                      99.55                        654                     48.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                                18              4,375,664.95                       1.45                      7.337                       358                      78.94                      97.87                        631                     53.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,236           $301,321,727.79                    100.00%                     7.751%                       358                     80.34%                     99.48%                        654                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 9.49
Maximum: 54.73
Weighted Average: 42.48


2nd liens


Carrington Mortgage Loan Trust, Series 2006-NC5
Second Liens

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 173
Aggregate Principal Balance ($): 11,451,676
Weighted Average Current Mortgage Rate (%): 10.344
Weighted Average Margin (%): 0.000
Weighted Average Maximum Rate (%): 0.000
Weighted Average Months to Roll: 0
Weighted Average Stated Original Term (months): 359
Weighted Average Stated Remaining Term (months): 357
Weighted Average Combined Original LTV (%): 99.91
% First Liens: 0.00
% Owner Occupied: 95.74
% Purchase: 87.28
% Full Documentation: 51.27
Non-Zero Weighted Average FICO Score: 672


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15 Fixed                                                                      1                $47,423.33                      0.41%                     9.800%                       176                     99.83%                     99.83%                        640                    37.92%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed                                                                    172             11,404,252.45                      99.59                     10.346                       358                      99.91                      99.91                        672                     39.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                 2               $104,740.24                      0.91%                     7.931%                       358                     97.71%                     97.71%                        669                    44.38%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                                 4                171,653.36                       1.50                      8.500                       357                     100.00                     100.00                        634                     35.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                 2                 98,870.79                       0.86                      8.971                       359                     100.00                     100.00                        632                     42.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                                16              1,005,198.94                       8.78                      9.281                       358                     100.00                     100.00                        713                     40.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                               57              3,297,951.61                      28.80                      9.796                       355                      99.89                      99.89                        673                     38.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                              27              1,744,155.71                      15.23                     10.303                       358                     100.00                     100.00                        665                     38.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              35              2,546,977.61                      22.24                     10.748                       358                      99.93                      99.93                        665                     41.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                              23              2,000,333.57                      17.47                     11.232                       358                      99.87                      99.87                        668                     39.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                               3                119,991.62                       1.05                     11.671                       357                     100.00                     100.00                        647                     36.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               4                361,802.33                       3.16                     12.237                       358                     100.00                     100.00                        678                     39.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 7.850%
Maximum: 12.500%
Weighted Average: 10.344%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.01 - 50,000.00                                                             69             $2,587,387.89                     22.59%                    10.094%                       355                     99.83%                     99.83%                        652                    38.97%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                       77              5,499,199.97                      48.02                     10.286                       358                      99.89                      99.89                        670                     39.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                      24              2,879,812.52                      25.15                     10.661                       358                     100.00                     100.00                        689                     38.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                       3                485,275.40                       4.24                     10.448                       356                     100.00                     100.00                        695                     47.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $29,946.46
Maximum: $169,756.81
Weighted Average: $66,194.66


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     1                $47,423.33                      0.41%                     9.800%                       176                     99.83%                     99.83%                        640                    37.92%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   172             11,404,252.45                      99.59                     10.346                       358                      99.91                      99.91                        672                     39.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 180
Maximum: 360
Weighted Average: 359


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     1                $47,423.33                      0.41%                     9.800%                       176                     99.83%                     99.83%                        640                    37.92%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   172             11,404,252.45                      99.59                     10.346                       358                      99.91                      99.91                        672                     39.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 176
Maximum: 359
Weighted Average: 357


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                                 4               $203,928.94                      1.78%                     9.890%                       358                     95.00%                     95.00%                        666                    42.56%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                              169             11,247,746.84                      98.22                     10.352                       357                     100.00                     100.00                        672                     39.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 95.00%
Maximum: 100.00%
Weighted Average: 99.91%


8. Current Gross Margin (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 0.000%
Maximum: 0.000%
Non-Zero Weighted Average: 0.000%


9. Minimum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 0.000%
Maximum: 0.000%
Non-Zero Weighted Average: 0.000%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 0.000%
Maximum: 0.000%
Non-Zero Weighted Average: 0.000%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 0.000%
Maximum: 0.000%
Non-Zero Weighted Average: 0.000%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 0.000%
Maximum: 0.000%
Non-Zero Weighted Average: 0.000%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR                                                                            6               $276,393.60                      2.41%                     8.284%                       358                     99.13%                     99.13%                        647                    39.17%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                            9                414,005.13                       3.62                     10.644                       358                     100.00                     100.00                        675                     42.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                           53              4,701,488.53                      41.06                     10.622                       358                      99.95                      99.95                        681                     39.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO                                                                            2                123,766.15                       1.08                     10.557                       358                     100.00                     100.00                        645                     49.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                           16                738,934.05                       6.45                     10.203                       358                     100.00                     100.00                        682                     39.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA                                                                            3                178,843.55                       1.56                     10.344                       358                      98.96                      98.96                        679                     30.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                            3                220,719.07                       1.93                     10.096                       358                     100.00                     100.00                        671                     45.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                            3                220,923.07                       1.93                     10.513                       358                     100.00                     100.00                        654                     43.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY                                                                            1                 30,764.50                       0.27                     10.700                       357                     100.00                     100.00                        642                     42.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
LA                                                                            1                 30,169.86                       0.26                      9.450                       358                     100.00                     100.00                        693                     20.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                            4                279,630.43                       2.44                     10.502                       357                     100.00                     100.00                        658                     47.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD                                                                            2                157,591.75                       1.38                     10.533                       357                      97.85                      97.85                        670                     26.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                            2                 70,235.88                       0.61                      9.937                       358                     100.00                     100.00                        687                     37.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN                                                                            6                246,509.13                       2.15                     10.439                       358                     100.00                     100.00                        623                     43.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC                                                                            1                 95,278.67                       0.83                     10.500                       358                     100.00                     100.00                        670                     32.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                            5                334,016.03                       2.92                     10.389                       358                     100.00                     100.00                        699                     39.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM                                                                            1                 34,980.52                       0.31                     12.150                       358                     100.00                     100.00                        604                     32.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV                                                                            3                255,633.80                       2.23                     11.028                       358                     100.00                     100.00                        658                     38.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                            7                862,635.79                       7.53                     10.588                       358                     100.00                     100.00                        698                     39.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR                                                                            1                 35,349.60                       0.31                     10.200                       358                     100.00                     100.00                        644                     41.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN                                                                            6                285,548.90                       2.49                      9.157                       358                     100.00                     100.00                        642                     40.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                           36              1,751,135.85                      15.29                      9.788                       353                     100.00                     100.00                        651                     39.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA                                                                            1                 61,740.67                       0.54                     10.500                       358                     100.00                     100.00                        640                     43.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI                                                                            1                 45,381.25                       0.40                     10.550                       358                     100.00                     100.00                        644                     27.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 24


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                           163            $10,963,316.89                     95.74%                    10.355%                       357                     99.92%                     99.92%                        672                    39.52%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home                                                                  10                488,358.89                       4.26                     10.082                       358                      99.62                      99.62                        665                     41.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One Family                                                                  113             $7,618,506.53                     66.53%                    10.408%                       357                     99.89%                     99.89%                        670                    40.10%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Detached                                                                 39              2,191,255.68                      19.13                     10.047                       357                      99.91                      99.91                        660                     38.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                     10                902,384.28                       7.88                     10.573                       358                     100.00                     100.00                        710                     38.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                         8                495,592.11                       4.33                     10.420                       358                     100.00                     100.00                        688                     44.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Attached                                                                  3                243,937.18                       2.13                     10.001                       358                     100.00                     100.00                        658                     30.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                    148             $9,995,247.34                     87.28%                    10.295%                       357                     99.92%                     99.92%                        673                    39.50%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                     25              1,456,428.44                      12.72                     10.679                       358                      99.83                      99.83                        662                     40.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                           95             $5,871,441.49                     51.27%                    10.035%                       358                     99.94%                     99.94%                        664                    39.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation                                                         4                276,535.48                       2.41                      9.325                       358                     100.00                     100.00                        707                     37.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                         74              5,303,698.81                      46.31                     10.739                       356                      99.87                      99.87                        678                     39.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                            68             $4,486,651.40                     39.18%                    10.393%                       356                     99.92%                     99.92%                        668                    39.81%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                            1                111,736.69                       0.98                      9.950                       358                     100.00                     100.00                        688                     28.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                           63              4,166,356.06                      36.38                     10.404                       358                     100.00                     100.00                        671                     39.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                           41              2,686,931.63                      23.46                     10.185                       358                      99.75                      99.75                        678                     40.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 28


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Lien                                                                 173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                     3               $120,735.13                      1.05%                     9.188%                       356                    100.00%                    100.00%                        589                    44.93%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625                                                                    18                792,550.18                       6.92                      9.897                       358                     100.00                     100.00                        612                     38.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650                                                                    44              2,690,647.40                      23.50                     10.519                       355                      99.81                      99.81                        640                     40.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675                                                                    42              3,029,629.81                      26.46                     10.536                       358                      99.94                      99.94                        664                     40.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700                                                                    37              2,508,658.21                      21.91                     10.374                       358                      99.86                      99.86                        686                     37.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
701 - 725                                                                    15              1,206,207.20                      10.53                     10.387                       358                     100.00                     100.00                        713                     40.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
726 - 750                                                                    10                803,654.05                       7.02                      9.744                       357                     100.00                     100.00                        737                     40.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
751 - 775                                                                     4                299,593.80                       2.62                      9.659                       359                     100.00                     100.00                        759                     36.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 580
Maximum: 772
Weighted Average: 672


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                  5               $313,033.16                      2.73%                    10.129%                       357                    100.00%                    100.00%                        683                    16.04%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99                                                                 9                632,391.19                       5.52                     10.153                       358                     100.00                     100.00                        672                     22.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                                11                607,300.83                       5.30                     10.137                       358                     100.00                     100.00                        666                     27.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                                23              1,266,768.03                      11.06                     10.386                       358                     100.00                     100.00                        662                     33.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                                27              1,951,545.06                      17.04                     10.568                       354                      99.77                      99.77                        680                     38.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                                50              3,631,741.54                      31.71                     10.392                       358                      99.91                      99.91                        677                     42.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                                43              2,860,371.16                      24.98                     10.253                       358                      99.92                      99.92                        667                     47.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                                 5                188,524.81                       1.65                      9.843                       358                     100.00                     100.00                        621                     51.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      173            $11,451,675.78                    100.00%                    10.344%                       357                     99.91%                     99.91%                        672                    39.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 12.59
Maximum: 53.11
Weighted Average: 39.60


purchase


Carrington Mortgage Loan Trust, Series 2006-NC5
Purchase Loans

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 1,882
Aggregate Principal Balance ($): 411,436,620
Weighted Average Current Mortgage Rate (%): 8.278
Weighted Average Margin (%): 6.133
Weighted Average Maximum Rate (%): 15.220
Weighted Average Months to Roll: 27
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 358
Weighted Average Combined Original LTV (%): 95.38
% First Liens: 97.57
% Owner Occupied: 86.21
% Purchase: 100.00
% Full Documentation: 44.83
Non-Zero Weighted Average FICO Score: 646


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15 Fixed                                                                      1                $47,423.33                      0.01%                     9.800%                       176                     99.83%                     99.83%                        640                    37.92%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM                                                                     524             88,678,390.60                      21.55                      8.442                       359                      83.45                      93.69                        637                     40.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM 5Y-IO                                                               361             99,982,588.80                      24.30                      7.617                       359                      81.56                      98.04                        651                     41.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed                                                                    224             23,390,299.11                       5.69                      9.064                       358                      89.47                      95.79                        664                     39.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 5Y-IO                                                               10              1,869,499.94                       0.45                      8.252                       358                      79.17                      98.60                        654                     43.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM                                                                     123             25,327,586.75                       6.16                      8.697                       358                      85.76                      94.32                        629                     40.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM 5Y-IO                                                                90             26,898,181.34                       6.54                      7.593                       359                      81.31                      96.59                        656                     41.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2/1 ARM                                                               363             93,162,445.15                      22.64                      8.736                       358                      85.37                      93.62                        639                     43.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3/1 ARM                                                               120             34,588,389.41                       8.41                      8.205                       358                      84.38                      94.67                        647                     43.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed                                                                  66             17,491,815.81                       4.25                      8.318                       358                      82.29                      98.27                        689                     43.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500                                                                 1               $252,000.00                      0.06%                     5.500%                       359                     80.00%                    100.00%                        641                    44.04%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                16              6,285,224.76                       1.53                      5.893                       359                      80.00                      94.84                        663                     38.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                47             14,252,071.32                       3.46                      6.359                       358                      80.81                      95.21                        669                     42.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               128             41,877,005.69                      10.18                      6.818                       358                      80.29                      96.31                        662                     41.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               204             53,183,592.28                      12.93                      7.300                       359                      80.40                      98.57                        661                     42.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               303             71,993,358.44                      17.50                      7.771                       359                      81.23                      96.93                        656                     41.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               242             57,457,901.15                      13.97                      8.286                       358                      82.06                      96.18                        656                     42.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               276             61,858,521.16                      15.03                      8.766                       358                      84.81                      93.69                        634                     41.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               214             38,976,715.86                       9.47                      9.260                       358                      86.72                      92.37                        622                     42.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              223             33,271,869.57                       8.09                      9.770                       358                      90.44                      92.88                        621                     40.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                             109             16,623,606.40                       4.04                     10.283                       358                      90.97                      92.92                        618                     41.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              83             11,163,482.17                       2.71                     10.741                       358                      92.75                      93.40                        627                     38.94
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                              26              2,793,489.70                       0.68                     11.230                       358                      95.76                      96.21                        656                     38.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                               7              1,120,959.93                       0.27                     11.558                       358                      97.98                      97.98                        629                     43.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               3                326,821.81                       0.08                     12.247                       358                     100.00                     100.00                        686                     39.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.500%
Maximum: 12.500%
Weighted Average: 8.278%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.01 - 50,000.00                                                             59             $2,242,695.43                      0.55%                     9.993%                       354                     97.93%                     97.93%                        651                    38.68%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                      313             24,308,504.94                       5.91                      9.367                       358                      86.75                      93.59                        623                     38.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                     389             48,446,948.03                      11.78                      8.735                       358                      84.41                      95.51                        634                     40.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                     301             52,808,708.13                      12.84                      8.384                       359                      82.77                      94.84                        639                     41.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00                                                     214             47,612,069.88                      11.57                      8.308                       358                      82.42                      94.86                        642                     40.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00                                                     150             40,961,523.07                       9.96                      8.225                       358                      84.24                      96.03                        646                     42.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00                                                     124             39,819,906.36                       9.68                      8.234                       359                      83.75                      94.83                        644                     43.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00                                                     114             42,731,892.41                      10.39                      7.696                       358                      82.82                      96.53                        659                     43.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00                                                      76             32,156,407.93                       7.82                      7.897                       358                      84.92                      96.38                        659                     42.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00                                                      55             26,095,351.67                       6.34                      8.046                       358                      83.54                      95.85                        646                     43.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00                                                      32             16,755,007.86                       4.07                      8.118                       358                      83.76                      96.06                        668                     42.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00                                                      15              8,632,560.21                       2.10                      7.838                       359                      81.94                      94.93                        659                     42.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00                                                      15              9,340,060.33                       2.27                      8.605                       358                      86.58                      96.04                        666                     44.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00                                                       9              6,097,222.93                       1.48                      8.433                       358                      86.15                      94.99                        654                     38.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00                                                       7              5,040,468.74                       1.23                      7.911                       358                      80.00                      97.06                        674                     44.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00                                                       2              1,522,392.00                       0.37                      7.287                       358                      80.00                     100.00                        657                     46.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
800,000.01 - 850,000.00                                                       1                849,811.56                       0.21                      8.875                       359                      78.23                      78.23                        675                     28.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
850,000.01 - 900,000.00                                                       1                879,711.04                       0.21                      7.525                       359                      89.98                      89.98                        627                     39.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
900,000.01 - 950,000.00                                                       1                919,311.74                       0.22                      8.500                       357                      80.00                      80.00                        634                     42.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
950,000.01 - 1,000,000.00                                                     2              1,978,195.83                       0.48                      6.636                       358                      80.00                     100.00                        639                     44.94
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to                                         2              2,237,870.15                       0.54                      6.751                       359                      77.83                      88.01                        679                     28.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $29,946.46
Maximum: $1,200,000.00
Weighted Average: $218,616.70


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     1                $47,423.33                      0.01%                     9.800%                       176                     99.83%                     99.83%                        640                    37.92%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                 1,881            411,389,196.91                      99.99                      8.278                       358                      83.78                      95.38                        646                     41.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 180
Maximum: 360
Weighted Average: 360


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     1                $47,423.33                      0.01%                     9.800%                       176                     99.83%                     99.83%                        640                    37.92%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                 1,881            411,389,196.91                      99.99                      8.278                       358                      83.78                      95.38                        646                     41.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 176
Maximum: 360
Weighted Average: 358


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.01 - 20.00                                                                 2               $105,928.94                      0.03%                     8.480%                       359                     18.03%                     18.03%                        599                    22.10%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00                                                                 1                 84,950.43                       0.02                      7.950                       358                      29.31                      29.31                        643                     24.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00                                                                 1                229,756.82                       0.06                      9.175                       358                      34.07                      34.07                        677                     33.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00                                                                 3                402,612.69                       0.10                      8.620                       357                      44.13                      44.13                        590                     36.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00                                                                 4                565,065.11                       0.14                      8.581                       359                      52.44                      52.44                        564                     29.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00                                                                 4              1,044,085.60                       0.25                      7.605                       358                      58.97                      58.97                        594                     49.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00                                                                 6              1,064,099.14                       0.26                      8.625                       358                      64.79                      64.79                        580                     43.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00                                                                21              3,968,591.84                       0.96                      7.815                       359                      68.85                      68.85                        627                     41.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00                                                                19              3,777,611.33                       0.92                      8.086                       359                      74.41                      74.41                        630                     40.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00                                                                85             18,909,460.91                       4.60                      8.111                       358                      79.81                      79.81                        624                     39.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00                                                                70             14,730,345.83                       3.58                      8.877                       358                      84.84                      84.90                        593                     39.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00                                                               303             66,861,951.75                      16.25                      8.977                       358                      89.88                      89.96                        628                     40.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                               220             48,352,887.09                      11.75                      9.135                       358                      92.64                      94.95                        638                     42.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                            1,143            251,339,272.76                      61.09                      7.914                       358                      81.48                      99.99                        659                     42.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 15.82%
Maximum: 100.00%
Weighted Average: 95.38%


8. Current Gross Margin (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  301            $42,799,038.19                     10.40%                     8.724%                       358                     86.10%                     96.93%                        674                    41.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                               324             80,082,811.77                      19.46                      7.669                       359                      82.68                      97.22                        654                     41.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                             1,208            277,101,209.32                      67.35                      8.344                       358                      83.82                      95.05                        641                     41.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                36              8,998,756.00                       2.19                      9.178                       358                      84.67                      87.58                        626                     43.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                13              2,454,804.96                       0.60                      9.530                       358                      71.92                      73.59                        585                     38.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.875%
Maximum: 7.500%
Non-Zero Weighted Average: 6.133%


9. Minimum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  301            $42,799,038.19                     10.40%                     8.724%                       358                     86.10%                     96.93%                        674                    41.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                 8              2,671,755.54                       0.65                      5.790                       359                      80.00                     100.00                        661                     41.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                51             16,238,262.59                       3.95                      6.251                       359                      80.76                      95.30                        664                     40.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               119             38,100,393.48                       9.26                      6.816                       359                      80.07                      96.45                        658                     42.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               196             51,392,011.74                      12.49                      7.301                       359                      80.42                      98.81                        661                     43.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               278             65,325,790.10                      15.88                      7.760                       359                      81.32                      96.99                        653                     41.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               214             51,592,115.67                      12.54                      8.293                       358                      82.22                      95.75                        653                     42.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               240             54,680,846.91                      13.29                      8.767                       358                      85.16                      93.14                        629                     40.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               183             35,374,390.14                       8.60                      9.259                       358                      86.57                      91.75                        618                     42.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              158             28,901,706.93                       7.02                      9.769                       358                      89.59                      92.11                        616                     40.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                              75             14,001,490.89                       3.40                     10.278                       358                      90.14                      92.11                        615                     41.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              46              8,086,611.47                       1.97                     10.732                       358                      91.03                      91.85                        621                     38.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                               9              1,276,030.52                       0.31                     11.188                       358                      92.01                      93.00                        642                     38.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                               4                996,176.07                       0.24                     11.547                       357                      98.25                      98.25                        626                     44.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.900%
Maximum: 11.550%
Non-Zero Weighted Average: 8.230%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  301            $42,799,038.19                     10.40%                     8.724%                       358                     86.10%                     96.93%                        674                    41.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               1                252,000.00                       0.06                      5.500                       359                      80.00                     100.00                        641                     44.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                              16              6,285,224.76                       1.53                      5.893                       359                      80.00                      94.84                        663                     38.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500                                                              43             12,464,722.66                       3.03                      6.355                       359                      80.86                      96.20                        664                     41.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000                                                             122             38,567,184.62                       9.37                      6.828                       359                      80.03                      96.33                        657                     42.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500                                                             197             51,645,549.67                      12.55                      7.307                       359                      80.48                      98.87                        661                     43.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000                                                             277             65,256,053.21                      15.86                      7.767                       359                      81.39                      97.07                        653                     41.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500                                                             212             51,246,648.45                      12.46                      8.292                       358                      82.20                      95.74                        653                     42.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000                                                             243             54,942,087.49                      13.35                      8.779                       358                      85.16                      93.10                        628                     40.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500                                                             184             35,558,164.06                       8.64                      9.265                       358                      86.54                      91.77                        617                     42.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000                                                             153             28,243,412.10                       6.86                      9.767                       358                      89.68                      92.11                        617                     40.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500                                                              74             13,817,716.97                       3.36                     10.276                       358                      90.27                      92.07                        617                     42.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000                                                              46              8,086,611.47                       1.97                     10.732                       358                      91.03                      91.85                        621                     38.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500                                                               9              1,276,030.52                       0.31                     11.188                       358                      92.01                      93.00                        642                     38.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000                                                               4                996,176.07                       0.24                     11.547                       357                      98.25                      98.25                        626                     44.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 12.500%
Maximum: 18.550%
Non-Zero Weighted Average: 15.220%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  301            $42,799,038.19                     10.40%                     8.724%                       358                     86.10%                     96.93%                        674                    41.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                            13              1,925,605.38                       0.47                      8.916                       358                      82.52                      90.96                        577                     43.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2                                                                         1,568            366,711,976.67                      89.13                      8.222                       358                      83.52                      95.22                        643                     41.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 2.000%
Non-Zero Weighted Average: 1.995%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  301            $42,799,038.19                     10.40%                     8.724%                       358                     86.10%                     96.93%                        674                    41.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                            14              2,081,403.69                       0.51                      8.862                       358                      82.34                      91.64                        580                     42.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                       1,567            366,556,178.36                      89.09                      8.222                       358                      83.52                      95.22                        643                     41.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 1.500%
Non-Zero Weighted Average: 1.497%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  301            $42,799,038.19                     10.40%                     8.724%                       358                     86.10%                     96.93%                        674                    41.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2008                                                                      4                961,150.06                       0.23                      8.986                       355                      83.88                      96.12                        655                     43.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2008                                                                     23              4,021,331.68                       0.98                      9.223                       356                      85.27                      89.76                        639                     40.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2008                                                                     56             15,596,481.48                       3.79                      9.117                       357                      88.07                      95.23                        632                     43.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2008                                                                   446            102,945,574.28                      25.02                      8.251                       358                      83.21                      94.99                        643                     41.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2008                                                                   709            155,365,267.05                      37.76                      8.137                       359                      83.06                      95.51                        643                     41.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2008                                                                    10              2,933,620.00                       0.71                      7.689                       360                      81.56                      94.02                        645                     44.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2009                                                                      2                370,703.76                       0.09                      7.115                       355                      80.00                      99.99                        669                     44.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2009                                                                     17              4,022,547.36                       0.98                      8.644                       356                      83.12                      93.69                        610                     41.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2009                                                                     70             18,337,700.42                       4.46                      8.938                       357                      85.91                      94.94                        641                     42.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2009                                                                    33              8,781,760.28                       2.13                      8.307                       358                      85.01                      94.53                        652                     42.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2009                                                                   203             53,753,885.28                      13.06                      7.847                       359                      82.97                      95.40                        648                     41.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2009                                                                     8              1,547,560.40                       0.38                      7.905                       360                      85.15                      95.70                        620                     41.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AK                                                                           16             $3,741,065.88                      0.91%                     8.293%                       359                     83.81%                     97.73%                        633                    43.95%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL                                                                           18              2,321,170.56                       0.56                      9.022                       358                      83.85                      94.26                        592                     39.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR                                                                           24              2,947,230.57                       0.72                      8.438                       358                      82.17                      97.32                        647                     38.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                           61             11,983,747.44                       2.91                      8.225                       358                      81.93                      92.37                        651                     42.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                          336            110,747,524.02                      26.92                      7.943                       358                      82.79                      97.47                        656                     42.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO                                                                           24              4,077,545.63                       0.99                      8.353                       358                      84.30                      97.04                        634                     44.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT                                                                           12              1,836,092.08                       0.45                      8.616                       359                      82.98                      94.36                        643                     43.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC                                                                            1                519,186.25                       0.13                      7.250                       358                      80.00                     100.00                        741                     10.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE                                                                            3                708,284.07                       0.17                      8.979                       359                      84.47                      88.08                        606                     43.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                          186             38,439,603.00                       9.34                      8.528                       359                      84.55                      94.40                        644                     41.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA                                                                           45              7,847,129.79                       1.91                      8.454                       358                      83.96                      96.33                        637                     40.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                           30             10,625,133.97                       2.58                      7.753                       358                      81.52                      96.13                        655                     43.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA                                                                           11              1,445,375.89                       0.35                      8.746                       358                      82.71                      94.56                        622                     41.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID                                                                            6                883,726.96                       0.21                      8.540                       358                      81.77                      91.32                        603                     42.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                           82             16,521,098.51                       4.02                      8.360                       358                      84.82                      94.29                        648                     40.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN                                                                           26              2,493,608.51                       0.61                      8.961                       359                      89.38                      91.19                        629                     38.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS                                                                            6                664,186.88                       0.16                      9.089                       358                      83.80                      95.12                        620                     38.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY                                                                            6                604,337.48                       0.15                      8.895                       359                      85.40                      97.31                        592                     40.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
LA                                                                            6                502,326.72                       0.12                      7.991                       358                      80.71                      92.12                        651                     35.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                           34              8,208,351.98                       2.00                      8.155                       359                      83.73                      95.88                        670                     43.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD                                                                           47             11,459,785.14                       2.79                      7.893                       359                      82.42                      96.00                        642                     43.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME                                                                           13              1,925,605.38                       0.47                      8.916                       358                      82.52                      90.96                        577                     43.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                           43              5,291,497.69                       1.29                      8.845                       358                      84.83                      94.01                        621                     38.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN                                                                           43              7,588,272.73                       1.84                      8.251                       359                      83.06                      96.83                        647                     41.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO                                                                           10              1,289,646.63                       0.31                      9.657                       358                      87.84                      97.58                        595                     39.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MS                                                                            7              1,055,733.27                       0.26                      9.316                       358                      86.46                      94.81                        597                     39.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MT                                                                            4                654,241.80                       0.16                      8.713                       358                      80.00                     100.00                        610                     39.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC                                                                           10              1,344,929.98                       0.33                      8.486                       358                      84.58                      97.69                        668                     37.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ND                                                                            1                 94,719.99                       0.02                      8.575                       359                      80.00                     100.00                        629                     35.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE                                                                            9                958,253.64                       0.23                      9.486                       358                      90.22                      95.00                        609                     39.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH                                                                            2                335,832.17                       0.08                      7.827                       359                      80.00                     100.00                        677                     42.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                          101             27,487,542.64                       6.68                      8.527                       358                      85.03                      93.43                        651                     42.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM                                                                            9              1,622,073.71                       0.39                      9.282                       358                      87.20                      94.16                        605                     40.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV                                                                           26              5,330,230.36                       1.30                      8.025                       358                      80.31                      94.74                        632                     38.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                          124             43,337,122.82                      10.53                      8.040                       358                      83.87                      94.16                        665                     42.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH                                                                           36              3,616,056.85                       0.88                      9.021                       358                      86.40                      92.47                        602                     37.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK                                                                           15              1,703,443.90                       0.41                      9.167                       358                      87.84                      94.81                        627                     39.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR                                                                           25              4,981,922.69                       1.21                      8.614                       358                      87.02                      95.57                        618                     38.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA                                                                           74             10,603,981.80                       2.58                      8.458                       359                      84.80                      92.80                        625                     40.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI                                                                           12              2,414,526.06                       0.59                      8.176                       358                      83.32                      93.08                        673                     40.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC                                                                           17              2,231,119.97                       0.54                      8.509                       358                      84.98                      92.98                        622                     41.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN                                                                           24              2,758,911.68                       0.67                      9.035                       358                      86.06                      96.41                        605                     42.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                          202             27,430,366.90                       6.67                      8.816                       358                      84.81                      96.25                        634                     40.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT                                                                           19              3,470,723.84                       0.84                      8.346                       359                      79.75                      89.66                        642                     38.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA                                                                           15              2,811,771.03                       0.68                      8.715                       358                      83.72                      95.81                        643                     40.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA                                                                           40              9,899,503.04                       2.41                      8.035                       358                      85.93                      93.57                        628                     38.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI                                                                           18              2,347,591.71                       0.57                      8.496                       359                      83.40                      95.45                        638                     37.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV                                                                            2                207,718.64                       0.05                      7.530                       359                      81.23                      98.73                        615                     45.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WY                                                                            1                 66,767.99                       0.02                      9.625                       359                      80.00                      80.00                        510                     20.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 49


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                         192            $36,969,398.05                      8.99%                     9.426%                       358                     89.39%                     89.60%                        665                    38.96%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                         1,594            354,695,856.62                      86.21                      8.136                       358                      83.20                      96.02                        643                     41.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home                                                                  96             19,771,365.57                       4.81                      8.672                       358                      83.73                      94.69                        667                     42.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One Family                                                                1,244           $262,356,650.69                     63.77%                     8.250%                       358                     83.60%                     95.35%                        642                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Detached                                                                260             55,438,771.02                      13.47                      8.332                       358                      83.47                      96.36                        640                     41.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                    152             45,885,252.11                      11.15                      8.320                       358                      85.16                      94.66                        669                     42.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                       162             33,596,061.63                       8.17                      8.293                       358                      83.83                      95.76                        659                     41.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Attached                                                                 64             14,159,884.79                       3.44                      8.395                       358                      83.81                      93.45                        636                     42.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                  1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                          929           $184,460,917.18                     44.83%                     7.903%                       358                     83.62%                     95.80%                        629                    40.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation                                                        31              7,862,213.89                       1.91                      7.821                       359                      83.50                      97.25                        648                     41.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                        922            219,113,489.17                      53.26                      8.609                       358                      83.93                      94.96                        661                     42.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                           577           $135,273,243.04                     32.88%                     8.700%                       358                     84.69%                     94.57%                        651                    41.93%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                          141             45,454,769.12                      11.05                      7.998                       358                      83.74                      95.20                        660                     42.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                          900            178,386,199.93                      43.36                      8.074                       358                      83.35                      95.82                        638                     41.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                          264             52,322,408.15                      12.72                      8.122                       358                      82.93                      96.11                        648                     41.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 24


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                1,734           $401,441,372.90                     97.57%                     8.227%                       358                     83.38%                     95.27%                        646                    41.76%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Lien                                                                 148              9,995,247.34                       2.43                     10.295                       357                      99.92                      99.92                        673                     39.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
less than or equal to 500                                                     2               $154,725.88                      0.04%                     9.813%                       358                     80.00%                     92.51%                        500                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525                                                                    43              5,881,768.11                       1.43                      9.487                       358                      80.35                      86.71                        513                     41.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550                                                                    63             10,092,380.09                       2.45                      9.493                       358                      84.10                      88.91                        538                     39.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575                                                                   110             19,757,481.40                       4.80                      9.188                       358                      86.69                      89.24                        564                     42.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                   147             29,402,485.73                       7.15                      8.985                       358                      87.30                      90.86                        590                     41.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625                                                                   344             72,208,618.41                      17.55                      8.201                       358                      83.65                      95.43                        614                     42.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650                                                                   386             84,796,611.72                      20.61                      8.167                       358                      83.51                      95.66                        638                     41.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675                                                                   355             84,456,025.14                      20.53                      8.084                       358                      82.73                      97.40                        661                     41.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700                                                                   208             46,381,906.25                      11.27                      8.108                       359                      83.39                      97.01                        688                     41.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
701 - 725                                                                   103             25,995,909.75                       6.32                      7.955                       358                      83.80                      96.84                        712                     42.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
726 - 750                                                                    75             21,714,025.17                       5.28                      7.725                       358                      83.56                      97.23                        738                     41.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
751 - 775                                                                    29              7,117,529.22                       1.73                      8.496                       358                      83.82                      97.87                        760                     41.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
776 - 800                                                                    12              2,811,558.42                       0.68                      8.307                       358                      84.67                      95.92                        780                     36.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
801 - 825                                                                     5                665,594.95                       0.16                      7.560                       357                      80.00                      96.16                        805                     40.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 813
Weighted Average: 646


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                 42             $8,268,282.51                      2.01%                     8.199%                       358                     84.38%                     89.44%                        654                    14.38%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99                                                                69             12,376,957.91                       3.01                      8.169                       358                      84.51                      93.56                        655                     22.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                               102             15,868,769.74                       3.86                      8.565                       358                      83.65                      93.48                        642                     27.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                               189             30,909,908.75                       7.51                      8.515                       358                      84.45                      93.84                        638                     32.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                               302             64,808,628.85                      15.75                      8.327                       358                      83.91                      95.10                        645                     37.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                               478            110,344,939.86                      26.82                      8.197                       358                      83.90                      95.99                        649                     42.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                               670            163,375,340.51                      39.71                      8.259                       358                      83.62                      96.28                        647                     48.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                                30              5,483,792.11                       1.33                      8.070                       358                      78.69                      86.81                        609                     53.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,882           $411,436,620.24                    100.00%                     8.278%                       358                     83.78%                     95.38%                        646                    41.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 2.96
Maximum: 54.78
Weighted Average: 41.71


stated doc


Carrington Mortgage Loan Trust, Series 2006-NC5
Stated Documentation

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 1,985
Aggregate Principal Balance ($): 499,423,194
Weighted Average Current Mortgage Rate (%): 8.640
Weighted Average Margin (%): 6.294
Weighted Average Maximum Rate (%): 15.607
Weighted Average Months to Roll: 27
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 358
Weighted Average Combined Original LTV (%): 86.30
% First Liens: 98.94
% Owner Occupied: 85.92
% Purchase: 43.87
% Full Documentation: 0.00
Non-Zero Weighted Average FICO Score: 633


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15 Fixed                                                                      4               $348,232.55                      0.07%                     9.207%                       179                     69.97%                     75.79%                        598                    27.72%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20 Fixed                                                                      4                589,618.61                       0.12                      9.587                       238                      76.26                      76.26                        595                     38.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM                                                                     538            102,110,554.70                      20.45                      8.761                       358                      79.90                      85.48                        627                     39.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM 5Y-IO                                                               229             72,203,988.12                      14.46                      8.118                       359                      82.14                      90.70                        659                     40.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed                                                                    152             20,193,452.82                       4.04                      9.523                       358                      84.51                      86.03                        634                     41.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 5Y-IO                                                                4              1,020,679.99                       0.20                      8.090                       358                      75.13                      92.20                        688                     41.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM                                                                     110             28,129,554.44                       5.63                      9.087                       358                      82.80                      86.95                        623                     40.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM 5Y-IO                                                                83             29,357,643.85                       5.88                      8.110                       358                      83.78                      91.29                        658                     41.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2/1 ARM                                                               616            174,565,138.93                      34.95                      8.782                       358                      79.93                      83.87                        618                     42.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3/1 ARM                                                               159             47,606,503.45                       9.53                      8.462                       358                      80.55                      86.44                        636                     43.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed                                                                  86             23,297,826.19                       4.66                      8.381                       358                      78.84                      87.51                        668                     43.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                 8             $2,863,014.11                      0.57%                     5.853%                       358                     71.47%                     77.87%                        677                    42.39%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                19              6,915,051.68                       1.38                      6.345                       359                      76.69                      79.57                        673                     38.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                80             26,677,803.52                       5.34                      6.828                       359                      75.02                      83.00                        660                     40.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               151             44,434,218.44                       8.90                      7.327                       359                      77.15                      88.48                        664                     43.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               286             83,375,316.90                      16.69                      7.800                       358                      78.33                      87.10                        656                     41.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               273             73,035,269.14                      14.62                      8.302                       358                      80.46                      87.94                        647                     43.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               337             89,106,101.11                      17.84                      8.780                       358                      81.51                      86.62                        627                     41.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               256             59,733,960.75                      11.96                      9.263                       358                      82.44                      85.35                        613                     41.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              278             60,210,045.70                      12.06                      9.771                       358                      83.55                      84.51                        604                     41.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                             121             23,925,085.04                       4.79                     10.287                       358                      85.14                      86.12                        603                     40.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                             102             19,735,201.14                       3.95                     10.745                       357                      87.06                      87.23                        598                     39.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                              46              5,722,939.34                       1.15                     11.221                       355                      87.33                      87.44                        612                     39.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                              19              2,618,218.46                       0.52                     11.617                       358                      84.97                      84.97                        577                     37.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               8                968,140.06                       0.19                     12.280                       352                      83.87                      83.87                        582                     36.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                               1                102,828.26                       0.02                     12.625                       357                      55.00                      55.00                        502                     35.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.625%
Maximum: 12.625%
Weighted Average: 8.640%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.01 - 50,000.00                                                             34             $1,376,387.81                      0.28%                    10.296%                       347                     86.97%                     86.97%                        642                    36.12%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                      206             15,962,054.66                       3.20                      9.571                       358                      81.49                      85.09                        625                     36.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                     313             38,893,317.65                       7.79                      9.195                       357                      78.87                      83.98                        625                     38.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                     304             53,625,410.96                      10.74                      8.837                       358                      77.80                      83.16                        623                     39.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00                                                     290             65,498,131.47                      13.11                      8.718                       358                      78.37                      83.47                        629                     40.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00                                                     198             54,575,324.93                      10.93                      8.700                       358                      79.55                      84.18                        625                     41.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00                                                     161             52,001,006.11                      10.41                      8.655                       358                      82.66                      88.90                        633                     42.94
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00                                                     158             59,268,015.29                      11.87                      8.318                       358                      80.55                      86.45                        637                     43.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00                                                     120             50,784,449.92                      10.17                      8.337                       358                      82.59                      87.83                        642                     42.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00                                                      96             45,861,604.91                       9.18                      8.325                       358                      82.70                      88.88                        639                     43.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00                                                      46             24,229,221.73                       4.85                      8.340                       359                      83.38                      90.61                        642                     43.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00                                                      24             13,682,487.11                       2.74                      8.775                       358                      85.17                      90.00                        645                     44.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00                                                      17             10,575,470.26                       2.12                      8.532                       358                      84.51                      89.21                        646                     43.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00                                                       8              5,383,860.56                       1.08                      8.087                       358                      85.89                      93.46                        662                     45.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00                                                       5              3,637,378.31                       0.73                      8.397                       358                      80.98                      92.94                        657                     39.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00                                                       2              1,567,476.58                       0.31                      9.165                       359                      80.00                      80.00                        620                     40.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
800,000.01 - 850,000.00                                                       3              2,501,595.39                       0.50                      8.636                       358                      79.40                      86.09                        665                     39.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $29,946.46
Maximum: $849,811.56
Weighted Average: $251,598.59


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     4               $348,232.55                      0.07%                     9.207%                       179                     69.97%                     75.79%                        598                    27.72%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240                                                                     4                589,618.61                       0.12                      9.587                       238                      76.26                      76.26                        595                     38.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                 1,977            498,485,342.49                      99.81                      8.638                       358                      80.81                      86.32                        633                     41.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 180
Maximum: 360
Weighted Average: 360


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     4               $348,232.55                      0.07%                     9.207%                       179                     69.97%                     75.79%                        598                    27.72%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240                                                                     4                589,618.61                       0.12                      9.587                       238                      76.26                      76.26                        595                     38.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                 1,977            498,485,342.49                      99.81                      8.638                       358                      80.81                      86.32                        633                     41.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 176
Maximum: 360
Weighted Average: 358


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.01 - 20.00                                                                 3               $339,707.21                      0.07%                     8.278%                       358                     18.73%                     18.73%                        744                    40.05%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00                                                                 2                269,697.31                       0.05                      8.329                       358                      28.02                      28.02                        594                     43.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00                                                                11              1,545,024.66                       0.31                      8.473                       358                      32.77                      32.77                        604                     31.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00                                                                 8              1,213,525.14                       0.24                      8.491                       359                      37.88                      37.88                        587                     40.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00                                                                16              3,168,045.24                       0.63                      8.218                       358                      43.00                      43.00                        591                     30.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00                                                                17              3,443,193.30                       0.69                      8.377                       350                      47.82                      47.82                        606                     37.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00                                                                30              5,967,906.88                       1.19                      8.323                       359                      53.15                      53.15                        576                     39.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00                                                                43              9,362,708.39                       1.87                      8.102                       358                      58.29                      58.29                        592                     40.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00                                                                76             15,958,429.68                       3.20                      8.437                       357                      63.27                      63.27                        588                     38.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00                                                               115             27,471,208.21                       5.50                      8.377                       358                      68.77                      68.77                        605                     41.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00                                                               127             31,088,282.82                       6.22                      8.631                       358                      73.84                      73.93                        598                     41.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00                                                               251             62,314,775.56                      12.48                      8.828                       358                      79.60                      79.60                        603                     40.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00                                                               192             54,028,964.20                      10.82                      8.889                       358                      84.51                      84.65                        604                     41.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00                                                               375            100,285,109.47                      20.08                      9.017                       358                      89.61                      89.73                        635                     41.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                               140             38,683,610.84                       7.75                      9.211                       358                      93.28                      94.90                        654                     43.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                              579            144,283,004.74                      28.89                      8.193                       358                      81.54                      99.98                        676                     43.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 15.82%
Maximum: 100.00%
Weighted Average: 86.30%


8. Current Gross Margin (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  250            $45,449,810.16                      9.10%                     8.904%                       355                     81.17%                     86.72%                        652                    42.28%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500                                                                 3                404,130.40                       0.08                      9.838                       359                      85.11                      85.11                        581                     43.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                               260             68,400,685.80                      13.70                      8.441                       358                      81.22                      87.21                        633                     42.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                             1,163            304,913,649.33                      61.05                      8.535                       358                      81.95                      88.60                        642                     41.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               211             57,803,945.85                      11.57                      8.908                       358                      77.68                      78.56                        597                     41.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                96             21,624,028.48                       4.33                      9.398                       358                      70.89                      71.06                        573                     39.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                 1                457,340.89                       0.09                      9.700                       358                      75.00                      75.00                        586                     52.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                 1                369,602.74                       0.07                     10.600                       357                      85.00                      85.00                        567                     48.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.450%
Maximum: 8.600%
Non-Zero Weighted Average: 6.294%


9. Minimum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  250            $45,449,810.16                      9.10%                     8.904%                       355                     81.17%                     86.72%                        652                    42.28%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                22              8,186,955.07                       1.64                      6.154                       359                      76.46                      81.13                        672                     41.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                75             25,345,869.22                       5.08                      6.811                       359                      76.16                      84.56                        661                     40.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               141             42,452,045.25                       8.50                      7.325                       359                      77.22                      88.96                        664                     43.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               258             74,625,428.08                      14.94                      7.793                       359                      78.20                      87.10                        654                     41.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               248             66,192,772.63                      13.25                      8.301                       358                      80.49                      87.58                        643                     43.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               307             81,941,109.82                      16.41                      8.781                       358                      81.68                      86.29                        624                     41.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               238             55,277,712.38                      11.07                      9.266                       358                      82.49                      85.32                        611                     41.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              236             55,618,018.33                      11.14                      9.769                       358                      83.42                      84.38                        603                     41.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                             104             21,726,215.60                       4.35                     10.285                       358                      84.97                      85.85                        602                     40.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              73             16,994,377.48                       3.40                     10.738                       358                      86.37                      86.57                        592                     39.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                              18              3,038,000.23                       0.61                     11.185                       358                      81.13                      81.35                        586                     39.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                              11              1,950,947.01                       0.39                     11.594                       358                      86.28                      86.28                        582                     37.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               3                521,104.13                       0.10                     12.287                       358                      77.58                      77.58                        528                     35.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                               1                102,828.26                       0.02                     12.625                       357                      55.00                      55.00                        502                     35.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 6.050%
Maximum: 12.625%
Non-Zero Weighted Average: 8.617%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  250            $45,449,810.16                      9.10%                     8.904%                       355                     81.17%                     86.72%                        652                    42.28%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                               8              2,863,014.11                       0.57                      5.853                       358                      71.47                      77.87                        677                     42.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500                                                              18              6,399,171.12                       1.28                      6.360                       359                      78.98                      82.09                        670                     39.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000                                                              74             24,546,826.56                       4.92                      6.829                       359                      76.05                      84.72                        660                     40.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500                                                             141             42,715,078.26                       8.55                      7.336                       359                      77.37                      89.04                        664                     43.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000                                                             259             75,071,228.33                      15.03                      7.801                       359                      78.28                      87.18                        654                     41.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500                                                             247             65,947,320.56                      13.20                      8.303                       358                      80.42                      87.54                        643                     43.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000                                                             309             81,947,157.42                      16.41                      8.787                       358                      81.62                      86.21                        624                     41.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500                                                             238             55,252,599.88                      11.06                      9.270                       358                      82.49                      85.38                        610                     41.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000                                                             234             55,764,716.90                      11.17                      9.782                       358                      83.43                      84.35                        602                     41.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500                                                             103             21,542,441.68                       4.31                     10.284                       358                      85.01                      85.77                        603                     40.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000                                                              71             16,310,949.04                       3.27                     10.732                       358                      86.55                      86.77                        594                     38.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500                                                              18              3,038,000.23                       0.61                     11.185                       358                      81.13                      81.35                        586                     39.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000                                                              11              1,950,947.01                       0.39                     11.594                       358                      86.28                      86.28                        582                     37.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
19.001 - 19.500                                                               3                521,104.13                       0.10                     12.287                       358                      77.58                      77.58                        528                     35.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
19.501 - 20.000                                                               1                102,828.26                       0.02                     12.625                       357                      55.00                      55.00                        502                     35.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 12.625%
Maximum: 19.625%
Non-Zero Weighted Average: 15.607%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  250            $45,449,810.16                      9.10%                     8.904%                       355                     81.17%                     86.72%                        652                    42.28%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                            14              2,656,321.64                       0.53                      9.492                       358                      83.41                      85.35                        599                     40.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                           2                545,400.58                       0.11                     10.052                       358                      86.85                      86.85                        638                     44.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2                                                                         1,719            450,771,661.27                      90.26                      8.607                       358                      80.74                      86.26                        632                     41.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 2.000%
Non-Zero Weighted Average: 1.994%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  250            $45,449,810.16                      9.10%                     8.904%                       355                     81.17%                     86.72%                        652                    42.28%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                            14              2,656,321.64                       0.53                      9.492                       358                      83.41                      85.35                        599                     40.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                       1,721            451,317,061.85                      90.37                      8.608                       358                      80.75                      86.26                        632                     41.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 1.500%
Non-Zero Weighted Average: 1.497%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  250            $45,449,810.16                      9.10%                     8.904%                       355                     81.17%                     86.72%                        652                    42.28%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6/1/2008                                                                      1                110,904.76                       0.02                     10.400                       354                      67.27                      67.27                        508                     26.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2008                                                                      5              1,381,394.37                       0.28                      8.884                       355                      84.22                      92.74                        635                     44.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2008                                                                     31              7,383,283.66                       1.48                      9.435                       356                      81.76                      83.40                        621                     41.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2008                                                                     90             25,333,177.67                       5.07                      9.329                       357                      84.44                      87.28                        615                     42.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2008                                                                   497            127,654,610.98                      25.56                      8.685                       358                      79.67                      84.73                        626                     41.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2008                                                                   750            184,276,840.31                      36.90                      8.482                       359                      80.22                      86.23                        634                     41.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2008                                                                     9              2,739,470.00                       0.55                      8.308                       360                      81.20                      91.16                        633                     45.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2009                                                                      3                800,105.09                       0.16                      8.708                       355                      87.01                      92.81                        618                     39.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2009                                                                     19              4,851,362.11                       0.97                      9.275                       356                      84.64                      86.99                        631                     40.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2009                                                                     85             27,489,808.00                       5.50                      9.048                       357                      84.11                      88.82                        627                     42.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2009                                                                    42             12,863,150.31                       2.58                      8.675                       358                      81.14                      85.50                        642                     44.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2009                                                                   198             57,545,176.23                      11.52                      8.187                       359                      80.86                      87.92                        645                     41.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2009                                                                     5              1,544,100.00                       0.31                      8.485                       360                      86.86                      92.95                        636                     42.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AK                                                                            5               $988,329.18                      0.20%                     8.712%                       359                     81.69%                     98.31%                        692                    47.34%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL                                                                           10              1,168,984.92                       0.23                      9.636                       358                      84.06                      89.08                        612                     30.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR                                                                           14              1,740,528.37                       0.35                      8.362                       358                      79.64                      90.63                        665                     39.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                           66             14,277,916.02                       2.86                      8.584                       358                      80.81                      86.26                        634                     41.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                          465            157,477,198.58                      31.53                      8.383                       358                      79.59                      85.85                        636                     42.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO                                                                           16              2,950,120.86                       0.59                      8.874                       358                      83.34                      90.25                        645                     41.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT                                                                           18              3,759,736.94                       0.75                      8.922                       358                      81.06                      83.59                        618                     41.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC                                                                            3              1,168,396.62                       0.23                      8.492                       359                      77.21                      77.21                        595                     36.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE                                                                            5              1,157,441.27                       0.23                      9.509                       359                      83.20                      83.20                        585                     41.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                          235             49,259,404.26                       9.86                      8.936                       358                      79.69                      83.22                        619                     41.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA                                                                           34              6,367,142.38                       1.27                      8.729                       358                      83.14                      92.44                        655                     41.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                           36             12,127,062.47                       2.43                      7.920                       358                      80.62                      86.10                        647                     43.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA                                                                            4                454,630.57                       0.09                     10.021                       359                      89.04                      96.55                        621                     43.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID                                                                            8              1,350,794.43                       0.27                      8.466                       358                      71.11                      74.41                        609                     33.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                           86             19,437,356.48                       3.89                      8.894                       358                      84.44                      90.23                        639                     41.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN                                                                           16              1,444,126.31                       0.29                      9.433                       358                      86.26                      86.26                        639                     37.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS                                                                            6                603,672.05                       0.12                      9.198                       358                      84.28                      91.91                        651                     37.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY                                                                            5                862,163.60                       0.17                      9.445                       359                      80.07                      83.00                        627                     44.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
LA                                                                            6                699,221.61                       0.14                      9.316                       358                      81.28                      81.28                        622                     38.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                           55             14,945,956.73                       2.99                      8.685                       358                      76.29                      78.50                        630                     40.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD                                                                           58             15,241,937.75                       3.05                      8.844                       358                      81.02                      85.04                        620                     43.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME                                                                           14              2,656,321.64                       0.53                      9.492                       358                      83.41                      85.35                        599                     40.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                           40              5,536,496.12                       1.11                      9.170                       358                      82.05                      87.88                        621                     37.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN                                                                           33              6,353,038.22                       1.27                      8.827                       359                      81.74                      89.27                        645                     41.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO                                                                            4                408,258.77                       0.08                      9.961                       358                      83.58                      87.93                        599                     33.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MS                                                                            4                613,807.47                       0.12                      9.352                       358                      83.43                      89.63                        600                     42.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MT                                                                            3                517,528.59                       0.10                      8.829                       358                      80.00                     100.00                        605                     37.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC                                                                           10              2,069,297.88                       0.41                      8.921                       351                      80.61                      85.08                        635                     41.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ND                                                                            1                107,951.96                       0.02                      9.975                       359                      80.00                      80.00                        576                     43.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE                                                                            6                883,339.03                       0.18                      8.904                       359                      88.65                      92.90                        644                     40.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH                                                                            5              1,246,925.09                       0.25                      8.377                       359                      83.09                      94.07                        650                     40.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                          135             40,850,721.52                       8.18                      8.830                       358                      82.81                      87.43                        638                     41.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM                                                                           12              2,972,704.96                       0.60                      9.751                       358                      85.07                      86.31                        592                     41.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV                                                                           37              8,942,970.49                       1.79                      8.613                       358                      77.31                      83.55                        618                     37.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                          174             60,373,194.15                      12.09                      8.319                       358                      82.04                      88.09                        644                     43.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH                                                                           17              2,189,590.34                       0.44                      9.567                       358                      87.47                      89.21                        636                     38.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK                                                                            5                549,380.28                       0.11                      9.554                       358                      90.00                      96.66                        637                     33.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR                                                                           20              4,477,073.62                       0.90                      9.046                       358                      85.09                      89.39                        623                     40.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA                                                                           47              7,711,912.65                       1.54                      8.920                       359                      82.81                      86.94                        632                     38.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI                                                                           14              3,020,412.63                       0.60                      8.662                       358                      80.64                      88.63                        653                     36.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC                                                                           12              2,190,681.51                       0.44                      9.462                       358                      82.47                      83.23                        577                     38.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN                                                                           12              1,620,648.96                       0.32                      9.663                       358                      83.04                      90.49                        602                     40.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                          143             19,531,032.85                       3.91                      8.940                       356                      81.45                      89.35                        636                     39.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT                                                                           18              3,461,945.72                       0.69                      8.596                       358                      74.62                      82.11                        641                     40.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA                                                                           21              3,995,741.43                       0.80                      9.244                       358                      81.04                      84.54                        613                     42.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VT                                                                            1                382,356.06                       0.08                      9.438                       358                      85.00                      85.00                        606                     41.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA                                                                           29              7,170,721.06                       1.44                      8.750                       358                      79.60                      85.59                        619                     42.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI                                                                           16              1,977,008.45                       0.40                      8.955                       359                      80.66                      87.74                        638                     32.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV                                                                            1                130,010.80                       0.03                     11.500                       357                      85.00                      85.00                        557                     34.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 49


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                         237            $50,351,297.38                     10.08%                     9.466%                       358                     84.04%                     84.21%                        656                    38.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                         1,665            429,105,335.14                      85.92                      8.530                       358                      80.37                      86.35                        630                     41.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home                                                                  83             19,966,561.13                       4.00                      8.920                       358                      81.91                      90.52                        654                     43.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One Family                                                                1,390           $340,705,470.45                     68.22%                     8.631%                       358                     80.70%                     85.94%                        629                    41.64%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                    199             65,293,699.60                      13.07                      8.557                       358                      80.13                      85.64                        650                     42.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Detached                                                                185             46,242,068.62                       9.26                      8.676                       358                      82.31                      89.64                        639                     40.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                       161             35,350,553.59                       7.08                      8.741                       358                      80.75                      86.58                        642                     41.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Attached                                                                 49             11,640,726.68                       2.33                      8.912                       357                      81.89                      86.64                        626                     42.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Modular Home                                                                  1                190,674.71                       0.04                      8.850                       357                      76.40                      76.40                        636                     42.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                    964           $251,544,128.66                     50.37%                     8.693%                       358                     77.96%                     78.32%                        610                    40.72%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                    922            219,113,489.17                      43.87                      8.609                       358                      83.93                      94.96                        661                     42.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rate/Term                                                                    99             28,765,575.82                       5.76                      8.413                       358                      81.89                      90.20                        632                     42.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                      1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                           694           $182,520,399.66                     36.55%                     9.028%                       358                     82.65%                     87.52%                        639                    41.61%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                          147             51,994,485.76                      10.41                      8.427                       358                      81.79                      88.76                        644                     43.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                          910            209,440,554.73                      41.94                      8.428                       358                      79.16                      84.74                        624                     41.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                          234             55,467,753.50                      11.11                      8.362                       356                      80.00                      85.88                        643                     41.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 24


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                1,911           $494,119,494.84                     98.94%                     8.617%                       358                     80.60%                     86.15%                        633                    41.67%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Lien                                                                  74              5,303,698.81                       1.06                     10.739                       356                      99.87                      99.87                        678                     39.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
less than or equal to 500                                                     1               $439,863.20                      0.09%                    10.650%                       359                     80.00%                     80.00%                        500                    27.28%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525                                                                    73             15,388,401.64                       3.08                      9.939                       358                      71.45                      72.55                        512                     41.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550                                                                   104             22,887,423.05                       4.58                      9.587                       357                      72.77                      73.55                        538                     39.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575                                                                   199             46,150,350.88                       9.24                      9.079                       358                      75.89                      76.32                        563                     41.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                   232             58,628,054.77                      11.74                      9.005                       358                      80.55                      81.15                        589                     42.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625                                                                   283             73,149,748.43                      14.65                      8.739                       358                      81.54                      82.25                        612                     41.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650                                                                   334             83,362,739.40                      16.69                      8.599                       358                      83.48                      89.26                        639                     41.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675                                                                   359             93,566,849.41                      18.73                      8.227                       358                      81.80                      92.49                        662                     41.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700                                                                   186             45,210,918.92                       9.05                      8.289                       359                      82.67                      92.64                        687                     42.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
701 - 725                                                                    97             27,320,885.60                       5.47                      8.094                       358                      82.81                      93.60                        712                     41.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
726 - 750                                                                    68             20,491,985.78                       4.10                      8.032                       358                      83.74                      94.95                        737                     43.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
751 - 775                                                                    35              9,421,263.62                       1.89                      8.104                       358                      81.16                      92.83                        760                     39.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
776 - 800                                                                    10              2,633,993.34                       0.53                      8.484                       358                      85.91                      97.92                        780                     38.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
801 - 825                                                                     4                770,715.61                       0.15                      7.814                       358                      58.03                      65.46                        804                     42.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 805
Weighted Average: 633


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                 39             $6,772,255.36                      1.36%                     8.886%                       358                     75.24%                     75.51%                        624                    14.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99                                                                74             12,638,169.70                       2.53                      8.899                       356                      77.77                      81.62                        628                     22.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                               122             23,867,266.31                       4.78                      8.745                       358                      76.57                      78.71                        630                     27.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                               220             42,660,493.49                       8.54                      8.815                       358                      78.88                      82.20                        620                     32.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                               339             81,336,574.23                      16.29                      8.633                       358                      81.25                      85.90                        638                     37.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                               490            132,380,097.71                      26.51                      8.603                       358                      81.38                      87.18                        634                     42.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                               655            186,988,183.72                      37.44                      8.593                       358                      82.17                      89.32                        638                     47.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                                46             12,780,153.13                       2.56                      8.596                       357                      72.21                      73.71                        592                     52.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,985           $499,423,193.65                    100.00%                     8.640%                       358                     80.80%                     86.30%                        633                    41.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 6.62
Maximum: 54.98
Weighted Average: 41.65

investor


Carrington Mortgage Loan Trust, Series 2006-NC5
Investor Properties

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 436
Aggregate Principal Balance ($): 84,845,257
Weighted Average Current Mortgage Rate (%): 9.123
Weighted Average Margin (%): 6.218
Weighted Average Maximum Rate (%): 16.139
Weighted Average Months to Roll: 26
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 358
Weighted Average Combined Original LTV (%): 83.98
% First Liens: 100.00
% Owner Occupied: 0.00
% Purchase: 43.57
% Full Documentation: 38.48
Non-Zero Weighted Average FICO Score: 647


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10 Fixed                                                                      1                $50,010.10                      0.06%                     7.700%                       118                     75.00%                     75.00%                        601                    32.11%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15 Fixed                                                                      1                 67,846.20                       0.08                     10.700                       179                      80.00                      80.00                        547                     34.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM                                                                     166             25,741,875.38                      30.34                      9.235                       358                      82.75                      83.00                        640                     35.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM 5Y-IO                                                                 1                105,925.00                       0.12                     10.100                       359                      95.00                      95.00                        710                     32.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed                                                                     38              3,563,364.32                       4.20                      9.374                       358                      81.98                      81.98                        613                     36.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM                                                                      24              4,370,008.86                       5.15                      9.825                       357                      87.64                      87.64                        657                     39.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2/1 ARM                                                               162             39,850,687.07                      46.97                      9.118                       358                      84.65                      84.75                        648                     40.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3/1 ARM                                                                30              8,540,338.78                      10.07                      8.645                       358                      83.99                      84.39                        660                     37.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed                                                                  13              2,555,200.95                       3.01                      8.058                       358                      76.87                      76.87                        676                     35.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                 4             $1,318,582.19                      1.55%                     6.259%                       359                     74.48%                     74.48%                        689                    39.86%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                10              2,865,765.06                       3.38                      6.829                       358                      75.91                      75.91                        685                     35.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                15              3,088,412.70                       3.64                      7.279                       358                      80.53                      80.53                        670                     44.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                37              7,868,535.03                       9.27                      7.822                       357                      79.27                      79.27                        674                     38.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                                29              6,796,027.37                       8.01                      8.312                       359                      80.46                      80.46                        661                     32.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                81             17,034,823.04                      20.08                      8.759                       358                      85.01                      85.25                        633                     37.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                                71             12,058,161.32                      14.21                      9.298                       358                      83.71                      83.95                        644                     37.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                               91             16,480,516.59                      19.42                      9.779                       358                      86.65                      87.00                        653                     39.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                              46              9,103,357.36                      10.73                     10.264                       358                      86.81                      86.90                        642                     38.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              34              5,777,645.90                       6.81                     10.724                       356                      87.12                      87.12                        609                     37.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                              11              1,594,738.88                       1.88                     11.138                       358                      82.56                      82.56                        607                     38.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                               6                795,976.62                       0.94                     11.659                       359                      77.81                      77.81                        572                     42.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               1                 62,714.60                       0.07                     12.100                       358                      65.00                      65.00                        652                     39.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 6.100%
Maximum: 12.100%
Weighted Average: 9.123%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.01 - 50,000.00                                                              5               $249,823.40                      0.29%                     9.415%                       359                     64.47%                     64.47%                        584                    35.04%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                      112              8,225,871.00                       9.70                      9.525                       355                      81.89                      81.99                        622                     36.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                      96             12,085,550.69                      14.24                      9.212                       358                      82.81                      83.14                        632                     37.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                      59             10,446,419.35                      12.31                      9.278                       358                      84.64                      84.81                        647                     38.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00                                                      49             10,879,061.38                      12.82                      9.478                       358                      84.19                      84.51                        642                     38.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00                                                      34              9,313,645.26                      10.98                      8.890                       358                      80.19                      80.34                        631                     37.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00                                                      20              6,390,574.40                       7.53                      9.049                       359                      84.48                      84.48                        664                     38.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00                                                      26              9,780,820.95                      11.53                      8.722                       358                      82.13                      82.34                        646                     38.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00                                                      16              6,849,122.74                       8.07                      9.073                       358                      89.10                      89.10                        665                     38.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00                                                       6              2,870,860.51                       3.38                      7.893                       358                      82.48                      82.48                        670                     42.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00                                                       7              3,694,522.57                       4.35                      9.444                       358                      90.67                      90.67                        683                     39.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00                                                       1                575,897.96                       0.68                      9.625                       359                      79.45                      79.45                        733                     49.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00                                                       2              1,256,934.74                       1.48                      9.163                       358                      90.00                      90.00                        696                     38.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00                                                       2              1,376,340.15                       1.62                      8.523                       358                      90.00                      90.00                        660                     28.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
800,000.01 - 850,000.00                                                       1                849,811.56                       1.00                      8.875                       359                      78.23                      78.23                        675                     28.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $49,951.12
Maximum: $849,811.56
Weighted Average: $194,599.21


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
61 - 120                                                                      1                $50,010.10                      0.06%                     7.700%                       118                     75.00%                     75.00%                        601                    32.11%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     1                 67,846.20                       0.08                     10.700                       179                      80.00                      80.00                        547                     34.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   434             84,727,400.36                      99.86                      9.122                       358                      83.83                      83.99                        647                     37.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 120
Maximum: 360
Weighted Average: 360


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
61 - 120                                                                      1                $50,010.10                      0.06%                     7.700%                       118                     75.00%                     75.00%                        601                    32.11%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     1                 67,846.20                       0.08                     10.700                       179                      80.00                      80.00                        547                     34.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   434             84,727,400.36                      99.86                      9.122                       358                      83.83                      83.99                        647                     37.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 118
Maximum: 359
Weighted Average: 358


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00                                                                 1                $84,950.43                      0.10%                     7.950%                       358                     29.31%                     29.31%                        643                    24.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00                                                                 4                614,534.27                       0.72                      9.469                       358                      32.36                      32.36                        617                     24.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00                                                                 1                134,975.17                       0.16                      9.500                       359                      38.03                      38.03                        556                     42.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00                                                                 4                739,351.89                       0.87                      8.463                       358                      42.81                      42.81                        605                     30.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00                                                                 8              1,155,524.79                       1.36                      8.823                       358                      48.50                      48.50                        641                     40.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00                                                                 1                338,869.94                       0.40                      6.975                       359                      50.98                      50.98                        688                     14.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00                                                                 8              1,385,406.23                       1.63                      7.947                       358                      58.95                      58.95                        627                     34.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00                                                                16              2,806,804.97                       3.31                      8.589                       358                      64.05                      64.05                        602                     35.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00                                                                17              3,963,180.01                       4.67                      8.574                       359                      68.55                      68.55                        616                     37.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00                                                                23              3,923,453.88                       4.62                      9.122                       355                      73.91                      73.91                        602                     37.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00                                                                55             10,364,797.37                      12.22                      9.116                       357                      79.48                      79.48                        621                     35.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00                                                                63              9,852,649.08                      11.61                      8.995                       358                      84.75                      84.75                        638                     36.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00                                                               184             37,828,438.73                      44.59                      9.191                       358                      89.90                      89.97                        660                     38.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                                49             11,301,748.35                      13.32                      9.593                       358                      94.60                      94.96                        678                     41.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                                2                350,571.55                       0.41                      9.519                       357                      77.92                      97.76                        620                     32.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 29.31%
Maximum: 100.00%
Weighted Average: 83.98%


8. Current Gross Margin (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   53             $6,236,421.57                      7.35%                     8.836%                       354                     79.81%                     79.81%                        638                    35.77%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                57             12,508,965.35                      14.74                      8.539                       358                      83.97                      84.31                        655                     40.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                               285             58,105,814.64                      68.48                      9.205                       358                      85.29                      85.45                        650                     37.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                33              6,822,800.99                       8.04                      9.577                       358                      76.95                      76.95                        618                     39.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                 8              1,171,254.11                       1.38                     10.170                       358                      70.77                      70.77                        587                     37.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.900%
Maximum: 7.350%
Non-Zero Weighted Average: 6.218%


9. Minimum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   53             $6,236,421.57                      7.35%                     8.836%                       354                     79.81%                     79.81%                        638                    35.77%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                 4              1,318,582.19                       1.55                      6.259                       359                      74.48                      74.48                        689                     39.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                 7              1,915,596.32                       2.26                      6.848                       358                      76.23                      76.23                        661                     38.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                12              2,766,187.23                       3.26                      7.270                       358                      82.13                      82.13                        672                     44.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                31              7,288,945.45                       8.59                      7.820                       358                      79.54                      79.54                        677                     37.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                                23              6,006,129.50                       7.08                      8.319                       359                      81.59                      81.59                        668                     32.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                75             16,335,678.39                      19.25                      8.759                       358                      84.90                      85.14                        633                     37.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                                66             11,456,436.57                      13.50                      9.301                       358                      83.91                      84.16                        643                     37.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                               77             15,217,003.85                      17.94                      9.775                       358                      86.63                      87.01                        656                     39.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                              43              8,695,039.56                      10.25                     10.263                       358                      87.17                      87.27                        647                     39.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              30              5,353,624.76                       6.31                     10.718                       358                      87.44                      87.44                        610                     38.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                               9              1,448,653.96                       1.71                     11.064                       358                      82.24                      82.24                        606                     39.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                               5                744,242.71                       0.88                     11.662                       359                      76.97                      76.97                        567                     43.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               1                 62,714.60                       0.07                     12.100                       358                      65.00                      65.00                        652                     39.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 6.100%
Maximum: 12.100%
Non-Zero Weighted Average: 9.146%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   53             $6,236,421.57                      7.35%                     8.836%                       354                     79.81%                     79.81%                        638                    35.77%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500                                                               5              1,473,460.06                       1.74                      6.358                       359                      74.19                      74.19                        691                     40.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000                                                               7              1,915,596.32                       2.26                      6.848                       358                      76.23                      76.23                        661                     38.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500                                                              11              2,611,309.36                       3.08                      7.274                       358                      82.74                      82.74                        670                     44.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000                                                              32              7,369,852.85                       8.69                      7.831                       358                      79.65                      79.65                        677                     37.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500                                                              24              6,215,015.92                       7.33                      8.342                       359                      81.50                      81.50                        667                     31.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000                                                              75             16,380,649.78                      19.31                      8.765                       358                      84.91                      85.16                        632                     37.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500                                                              65             11,247,550.15                      13.26                      9.306                       358                      84.00                      84.26                        643                     38.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000                                                              76             15,091,125.06                      17.79                      9.777                       358                      86.60                      86.98                        656                     39.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500                                                              43              8,695,039.56                      10.25                     10.263                       358                      87.17                      87.27                        647                     39.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000                                                              30              5,353,624.76                       6.31                     10.718                       358                      87.44                      87.44                        610                     38.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500                                                               9              1,448,653.96                       1.71                     11.064                       358                      82.24                      82.24                        606                     39.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000                                                               5                744,242.71                       0.88                     11.662                       359                      76.97                      76.97                        567                     43.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
19.001 - 19.500                                                               1                 62,714.60                       0.07                     12.100                       358                      65.00                      65.00                        652                     39.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 13.100%
Maximum: 19.100%
Non-Zero Weighted Average: 16.139%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   53             $6,236,421.57                      7.35%                     8.836%                       354                     79.81%                     79.81%                        638                    35.77%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                             4                570,550.48                       0.67                      8.630                       359                      80.97                      80.97                        660                     33.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                           1                202,154.13                       0.24                     10.225                       356                      90.00                      90.00                        731                     43.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2                                                                           378             77,836,130.48                      91.74                      9.146                       358                      84.15                      84.32                        647                     38.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 2.000%
Non-Zero Weighted Average: 1.991%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   53             $6,236,421.57                      7.35%                     8.836%                       354                     79.81%                     79.81%                        638                    35.77%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                             4                570,550.48                       0.67                      8.630                       359                      80.97                      80.97                        660                     33.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                         379             78,038,284.61                      91.98                      9.149                       358                      84.16                      84.34                        647                     38.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 1.500%
Non-Zero Weighted Average: 1.496%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   53             $6,236,421.57                      7.35%                     8.836%                       354                     79.81%                     79.81%                        638                    35.77%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2008                                                                      1                373,153.58                       0.44                      9.525                       355                      90.00                      90.00                        659                     46.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2008                                                                     13              2,032,199.92                       2.40                      9.642                       356                      78.83                      80.56                        658                     31.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2008                                                                     21              4,059,471.29                       4.78                      8.924                       357                      84.37                      84.37                        648                     39.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2008                                                                   117             25,415,425.90                      29.96                      9.194                       358                      83.93                      84.04                        640                     37.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2008                                                                   177             33,818,236.76                      39.86                      9.140                       359                      84.11                      84.22                        648                     38.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2009                                                                      3                385,405.20                       0.45                     10.366                       356                      91.21                      91.21                        691                     29.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2009                                                                     22              4,586,581.54                       5.41                      9.642                       357                      87.03                      87.03                        657                     41.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2009                                                                    11              2,554,213.35                       3.01                      9.044                       358                      84.33                      84.33                        651                     39.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2009                                                                    18              5,384,147.55                       6.35                      8.442                       359                      83.68                      84.32                        662                     34.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AK                                                                            1               $237,250.19                      0.28%                     9.200%                       358                     95.00%                     95.00%                        581                    45.58%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL                                                                            5                463,364.24                       0.55                      9.667                       358                      84.20                      84.20                        629                     34.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR                                                                            2                266,937.32                       0.31                     10.070                       357                      90.00                      90.00                        672                     29.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                           11              2,198,791.99                       2.59                      9.352                       359                      86.68                      86.68                        658                     43.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                           58             18,071,398.85                      21.30                      8.974                       358                      80.54                      80.70                        647                     38.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO                                                                            7              1,050,886.57                       1.24                      8.967                       358                      80.59                      80.59                        609                     34.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT                                                                            5                823,075.67                       0.97                     10.091                       358                      87.36                      91.64                        628                     35.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC                                                                            1                243,902.34                       0.29                      9.300                       359                      85.00                      85.00                        575                     47.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE                                                                            1                206,143.77                       0.24                      9.750                       359                      80.00                      80.00                        630                     27.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                           63             11,677,053.96                      13.76                      9.357                       358                      86.10                      86.52                        634                     39.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA                                                                           14              1,997,709.56                       2.35                      9.453                       357                      85.02                      85.02                        645                     36.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                            7              1,621,574.24                       1.91                      8.500                       358                      85.62                      85.62                        686                     45.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                           24              4,203,113.42                       4.95                      9.010                       358                      83.76                      83.76                        647                     35.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN                                                                           18              1,355,175.64                       1.60                      9.406                       358                      87.21                      87.21                        652                     36.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS                                                                            2                147,431.46                       0.17                      9.423                       358                      87.93                      87.93                        648                     25.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
LA                                                                            3                200,058.73                       0.24                      9.055                       358                      78.96                      78.96                        647                     34.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                           16              3,576,159.88                       4.21                      8.931                       358                      80.48                      80.48                        652                     38.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD                                                                            7              1,380,905.16                       1.63                      9.661                       358                      85.07                      85.07                        624                     41.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME                                                                            4                570,550.48                       0.67                      8.630                       359                      80.97                      80.97                        660                     33.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                           16              1,464,158.92                       1.73                      9.399                       358                      85.71                      86.15                        616                     38.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN                                                                           10              1,609,051.18                       1.90                      9.462                       359                      86.16                      86.16                        647                     41.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO                                                                            1                187,375.16                       0.22                      8.038                       359                      75.00                      75.00                        699                     11.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC                                                                            1                 58,474.06                       0.07                      9.990                       359                      90.00                      90.00                        686                     42.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH                                                                            1                254,689.95                       0.30                      8.500                       358                      85.00                      85.00                        700                     48.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                           19              6,165,929.87                       7.27                      9.520                       358                      82.62                      82.62                        645                     38.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM                                                                            2                284,632.49                       0.34                      9.426                       358                      85.00                      85.00                        654                     36.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV                                                                            7              1,300,789.46                       1.53                      9.355                       358                      71.61                      71.61                        625                     34.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                           32             10,806,425.71                      12.74                      8.575                       358                      85.20                      85.20                        666                     37.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH                                                                           17              1,364,474.60                       1.61                      9.518                       358                      87.58                      88.17                        613                     32.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK                                                                            3                232,973.88                       0.27                      9.537                       359                      90.00                      90.00                        653                     39.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR                                                                            3                846,345.43                       1.00                      9.136                       359                      87.00                      87.00                        687                     39.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA                                                                           14              1,330,727.95                       1.57                      9.103                       359                      83.49                      83.49                        642                     35.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI                                                                            5              1,003,705.50                       1.18                      9.153                       357                      84.18                      84.18                        665                     26.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC                                                                            2                206,648.48                       0.24                      9.637                       358                      93.43                      93.43                        708                     43.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN                                                                            1                 58,592.67                       0.07                      9.550                       358                      85.00                      85.00                        564                     49.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                           30              3,639,537.44                       4.29                      9.653                       352                      84.89                      84.89                        621                     36.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT                                                                            4                732,165.38                       0.86                      8.658                       359                      90.00                      91.23                        671                     40.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA                                                                            6                747,702.37                       0.88                      8.464                       358                      77.12                      77.12                        658                     37.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA                                                                            7              1,316,259.75                       1.55                      8.773                       358                      89.48                      89.48                        671                     41.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI                                                                            6                943,112.94                       1.11                      8.894                       358                      90.01                      90.01                        664                     25.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 40


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                         436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One Family                                                                  272            $47,623,040.90                     56.13%                     9.149%                       358                     84.34%                     84.52%                        642                    38.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                    100             24,551,644.45                      28.94                      8.912                       358                      80.29                      80.50                        650                     36.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                        38              7,034,502.63                       8.29                      9.475                       359                      89.14                      89.14                        667                     41.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Detached                                                                 15              3,543,186.66                       4.18                      9.302                       358                      87.96                      87.96                        666                     35.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Attached                                                                 11              2,092,882.02                       2.47                      9.505                       358                      88.47                      88.47                        626                     41.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                    224            $44,238,231.51                     52.14%                     8.938%                       358                     79.17%                     79.25%                        631                    37.30%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                    192             36,969,398.05                      43.57                      9.426                       358                      89.39                      89.60                        665                     38.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rate/Term                                                                    20              3,637,627.10                       4.29                      8.282                       355                      83.87                      84.42                        648                     35.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                          191            $32,652,222.95                     38.48%                     8.592%                       358                     83.42%                     83.57%                        633                    37.71%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation                                                         8              1,841,736.33                       2.17                      9.134                       359                      84.88                      84.88                        639                     35.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                        237             50,351,297.38                      59.34                      9.466                       358                      84.04                      84.21                        656                     38.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                           155            $39,426,306.86                     46.47%                     9.340%                       358                     85.53%                     85.53%                        659                    38.03%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                           17              3,679,649.47                       4.34                      9.482                       358                      83.65                      83.89                        635                     38.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                          199             33,199,146.43                      39.13                      8.855                       358                      82.42                      82.70                        635                     38.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                           65              8,540,153.90                      10.07                      9.004                       355                      81.45                      81.85                        640                     36.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 25


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                  436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525                                                                    12             $2,417,583.13                      2.85%                    10.284%                       359                     71.11%                     71.11%                        513                    44.97%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550                                                                    14              2,196,146.93                       2.59                      9.639                       353                      74.78                      74.78                        539                     27.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575                                                                    43              5,946,408.18                       7.01                      9.527                       358                      74.97                      74.97                        563                     37.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                    35              5,108,159.36                       6.02                      9.503                       358                      82.68                      82.68                        589                     38.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625                                                                    73             12,710,447.42                      14.98                      9.255                       357                      83.30                      83.79                        612                     39.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650                                                                    82             14,549,602.58                      17.15                      9.128                       358                      84.75                      84.98                        638                     37.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675                                                                    75             17,936,881.20                      21.14                      8.874                       359                      85.82                      85.90                        661                     37.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700                                                                    44              9,803,418.34                      11.55                      8.893                       358                      83.98                      84.15                        689                     35.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
701 - 725                                                                    26              6,474,301.72                       7.63                      9.218                       358                      89.98                      90.12                        716                     36.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
726 - 750                                                                    18              5,004,680.97                       5.90                      8.564                       358                      86.44                      86.44                        739                     43.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
751 - 775                                                                     8              1,837,439.48                       2.17                      9.104                       358                      88.69                      88.69                        760                     36.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
776 - 800                                                                     4                732,477.04                       0.86                      7.812                       359                      88.24                      88.24                        781                     42.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
801 - 825                                                                     2                127,710.31                       0.15                      7.825                       359                      80.00                      80.00                        812                     42.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 502
Maximum: 813
Weighted Average: 647


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                 27             $5,781,399.02                      6.81%                     8.792%                       358                     79.68%                     79.68%                        655                    12.30%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99                                                                26              4,157,917.69                       4.90                      9.210                       358                      83.44                      84.29                        637                     22.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                                38              7,405,271.64                       8.73                      9.275                       358                      79.71                      79.71                        649                     27.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                                54              8,760,669.26                      10.33                      9.299                       356                      80.84                      80.84                        634                     32.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                                91             17,121,330.09                      20.18                      9.074                       358                      83.69                      83.90                        649                     37.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                                77             14,973,363.47                      17.65                      9.147                       358                      85.27                      85.27                        641                     42.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                               115             25,064,733.96                      29.54                      9.087                       358                      86.89                      87.15                        654                     47.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                                 8              1,580,571.53                       1.86                      9.287                       359                      74.73                      74.73                        606                     52.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      436            $84,845,256.66                    100.00%                     9.123%                       358                     83.82%                     83.98%                        647                    37.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 2.38
Maximum: 54.75
Weighted Average: 37.94


ltv greater than 80


Carrington Mortgage Loan Trust, Series 2006-NC5
LTV greater than 80

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 2,348
Aggregate Principal Balance ($): 533,179,694
Weighted Average Current Mortgage Rate (%): 8.622
Weighted Average Margin (%): 6.176
Weighted Average Maximum Rate (%): 15.586
Weighted Average Months to Roll: 27
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 358
Weighted Average Combined Original LTV (%): 90.00
% First Liens: 97.85
% Owner Occupied: 86.93
% Purchase: 28.10
% Full Documentation: 60.45
Non-Zero Weighted Average FICO Score: 614


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15 Fixed                                                                      2               $149,974.15                      0.03%                     9.903%                       178                     89.66%                     89.66%                        554                    24.33%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20 Fixed                                                                      2                454,983.73                       0.09                      9.355                       238                      88.45                      88.45                        606                     37.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM                                                                     537             98,361,510.44                      18.45                      8.835                       359                      89.38                      89.82                        608                     39.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM 5Y-IO                                                               233             71,209,149.85                      13.36                      8.113                       359                      90.36                      90.86                        636                     42.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed                                                                    316             34,894,764.58                       6.54                      9.346                       358                      92.37                      92.43                        627                     39.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 5Y-IO                                                                9              2,259,449.02                       0.42                      7.983                       358                      88.80                      88.80                        638                     43.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM                                                                     229             46,695,063.55                       8.76                      8.993                       358                      88.60                      89.03                        597                     40.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM 5Y-IO                                                               116             39,170,241.04                       7.35                      7.689                       358                      90.17                      90.79                        647                     41.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2/1 ARM                                                               621            163,383,706.41                      30.64                      8.775                       358                      89.02                      89.41                        599                     42.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3/1 ARM                                                               153             45,482,154.47                       8.53                      8.541                       358                      89.35                      89.90                        620                     42.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed                                                                 130             31,118,697.21                       5.84                      8.255                       358                      89.52                      89.64                        629                     41.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                11             $3,818,162.29                      0.72%                     5.847%                       358                     88.72%                     88.72%                        690                    41.03%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                44             16,843,476.09                       3.16                      6.365                       359                      89.02                      89.80                        665                     41.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               103             35,338,590.28                       6.63                      6.821                       358                      89.35                      89.74                        651                     41.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               137             42,730,250.64                       8.01                      7.340                       358                      88.99                      89.16                        638                     41.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               279             73,708,832.46                      13.82                      7.812                       358                      89.10                      89.39                        621                     42.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               264             66,198,947.66                      12.42                      8.302                       358                      89.52                      90.19                        617                     42.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               423            103,307,301.12                      19.38                      8.794                       358                      89.30                      89.61                        603                     41.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               349             71,214,473.07                      13.36                      9.278                       358                      89.61                      90.16                        596                     41.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              383             65,771,088.79                      12.34                      9.775                       357                      89.87                      90.24                        599                     40.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                             163             26,213,685.86                       4.92                     10.280                       358                      90.63                      91.14                        605                     40.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                             132             20,821,860.92                       3.91                     10.746                       358                      91.16                      91.50                        598                     40.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                              45              5,299,363.79                       0.99                     11.218                       358                      94.26                      94.50                        625                     38.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                              11              1,551,859.15                       0.29                     11.593                       358                      95.50                      95.50                        610                     40.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               4                361,802.33                       0.07                     12.237                       358                     100.00                     100.00                        678                     39.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.625%
Maximum: 12.500%
Weighted Average: 8.622%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.01 - 50,000.00                                                             73             $2,786,748.25                      0.52%                    10.021%                       355                     98.97%                     98.97%                        647                    38.69%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                      393             30,259,992.07                       5.68                      9.605                       358                      90.89                      91.52                        603                     37.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                     432             54,110,458.12                      10.15                      9.173                       358                      89.67                      90.33                        602                     38.94
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                     319             55,569,339.43                      10.42                      8.829                       358                      89.14                      89.63                        602                     40.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00                                                     280             62,838,973.94                      11.79                      8.709                       358                      88.93                      89.18                        609                     41.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00                                                     231             63,593,808.42                      11.93                      8.659                       358                      89.43                      89.80                        610                     41.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00                                                     161             52,150,590.66                       9.78                      8.623                       358                      89.58                      89.70                        611                     41.94
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00                                                     140             52,461,381.85                       9.84                      8.223                       358                      89.31                      89.59                        619                     43.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00                                                     124             52,490,873.75                       9.84                      8.273                       358                      90.09                      90.36                        628                     42.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00                                                      81             38,685,691.12                       7.26                      8.146                       358                      89.42                      89.92                        624                     42.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00                                                      43             22,681,659.84                       4.25                      8.235                       359                      89.11                      89.45                        623                     42.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00                                                      30             17,216,203.75                       3.23                      8.365                       358                      89.07                      90.19                        630                     41.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00                                                      17             10,514,057.43                       1.97                      8.247                       358                      90.94                      90.94                        646                     43.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00                                                      14              9,473,218.32                       1.78                      7.889                       358                      90.12                      90.12                        635                     41.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00                                                       5              3,637,616.60                       0.68                      8.237                       358                      89.88                      89.88                        613                     37.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
800,000.01 - 850,000.00                                                       2              1,682,635.68                       0.32                      9.194                       358                      94.03                      94.03                        627                     45.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
850,000.01 - 900,000.00                                                       1                879,711.04                       0.16                      7.525                       359                      89.98                      89.98                        627                     39.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
950,000.01 - 1,000,000.00                                                     1                999,999.99                       0.19                      8.650                       359                      83.33                      97.50                        604                     24.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to                                         1              1,146,734.19                       0.22                      8.725                       359                      89.96                      89.96                        714                     28.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $29,946.46
Maximum: $1,146,734.19
Weighted Average: $227,078.23


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     2               $149,974.15                      0.03%                     9.903%                       178                     89.66%                     89.66%                        554                    24.33%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240                                                                     2                454,983.73                       0.09                      9.355                       238                      88.45                      88.45                        606                     37.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                 2,344            532,574,736.57                      99.89                      8.621                       358                      89.59                      90.00                        614                     41.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 180
Maximum: 360
Weighted Average: 360


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     2               $149,974.15                      0.03%                     9.903%                       178                     89.66%                     89.66%                        554                    24.33%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240                                                                     2                454,983.73                       0.09                      9.355                       238                      88.45                      88.45                        606                     37.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                 2,344            532,574,736.57                      99.89                      8.621                       358                      89.59                      90.00                        614                     41.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 176
Maximum: 360
Weighted Average: 358


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00                                                               637           $146,654,963.08                     27.51%                     8.556%                       358                     84.49%                     84.49%                        586                    41.15%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00                                                               980            234,837,677.10                      44.04                      8.589                       358                      89.59                      89.63                        617                     40.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                               476            119,774,194.47                      22.46                      8.527                       358                      94.48                      94.83                        636                     42.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                              255             31,912,859.80                       5.99                      9.514                       358                      94.66                      99.86                        644                     41.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 80.11%
Maximum: 100.00%
Weighted Average: 90.00%


8. Current Gross Margin (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  459            $68,877,868.69                     12.92%                     8.810%                       357                     90.93%                     91.02%                        628                    40.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500                                                                 4                718,978.69                       0.13                      9.734                       359                      84.62                      84.62                        564                     44.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                               358             93,191,199.10                      17.48                      8.200                       358                      89.44                      89.91                        625                     42.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                             1,388            335,078,136.97                      62.85                      8.646                       358                      89.57                      90.02                        611                     41.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               122             30,686,013.69                       5.76                      9.136                       358                      87.95                      88.38                        602                     41.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                15              4,024,035.03                       0.75                      8.857                       358                      85.85                      85.96                        573                     42.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                 1                233,859.54                       0.04                      7.850                       358                      90.00                      90.00                        533                     37.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                 1                369,602.74                       0.07                     10.600                       357                      85.00                      85.00                        567                     48.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.450%
Maximum: 8.600%
Non-Zero Weighted Average: 6.176%


9. Minimum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  459            $68,877,868.69                     12.92%                     8.810%                       357                     90.93%                     91.02%                        628                    40.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                 7              2,228,312.29                       0.42                      5.823                       358                      87.92                      87.92                        677                     40.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                37             14,396,492.31                       2.70                      6.275                       359                      88.93                      89.84                        665                     41.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                84             28,714,893.63                       5.39                      6.814                       359                      89.09                      89.57                        648                     42.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               116             36,426,749.65                       6.83                      7.343                       359                      88.91                      89.11                        636                     41.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               245             66,204,673.82                      12.42                      7.814                       359                      89.14                      89.45                        620                     42.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               241             62,367,588.42                      11.70                      8.300                       358                      89.49                      90.20                        616                     42.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               381             94,121,662.80                      17.65                      8.795                       358                      89.31                      89.65                        601                     41.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               300             64,666,752.75                      12.13                      9.282                       358                      89.39                      89.96                        594                     41.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              275             55,523,112.02                      10.41                      9.770                       358                      89.55                      89.95                        597                     41.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                             108             20,844,512.29                       3.91                     10.273                       358                      90.18                      90.79                        607                     40.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              76             15,425,131.48                       2.89                     10.750                       358                      90.37                      90.79                        596                     39.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                              14              2,207,415.26                       0.41                     11.158                       358                      91.99                      92.56                        609                     36.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                               5              1,174,529.04                       0.22                     11.563                       358                      96.24                      96.24                        617                     42.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.900%
Maximum: 11.650%
Non-Zero Weighted Average: 8.595%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  459            $68,877,868.69                     12.92%                     8.810%                       357                     90.93%                     91.02%                        628                    40.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                              12              3,989,017.92                       0.75                      5.890                       358                      88.67                      88.67                        688                     40.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500                                                              34             12,906,018.50                       2.42                      6.334                       359                      88.79                      89.81                        659                     41.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000                                                              85             28,822,495.96                       5.41                      6.824                       359                      89.08                      89.62                        648                     42.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500                                                             120             37,275,950.75                       6.99                      7.369                       359                      88.95                      89.17                        636                     41.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000                                                             246             66,499,449.24                      12.47                      7.823                       358                      89.19                      89.47                        621                     42.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500                                                             240             62,152,493.55                      11.66                      8.310                       358                      89.44                      90.13                        615                     41.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000                                                             381             93,982,827.80                      17.63                      8.799                       358                      89.27                      89.64                        600                     41.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500                                                             296             63,933,270.33                      11.99                      9.282                       358                      89.44                      90.01                        595                     41.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000                                                             273             55,528,233.45                      10.41                      9.779                       358                      89.50                      89.87                        597                     41.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500                                                             108             20,844,512.29                       3.91                     10.273                       358                      90.18                      90.79                        607                     40.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000                                                              75             14,985,611.67                       2.81                     10.745                       358                      90.59                      91.02                        598                     39.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500                                                              14              2,207,415.26                       0.41                     11.158                       358                      91.99                      92.56                        609                     36.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000                                                               5              1,174,529.04                       0.22                     11.563                       358                      96.24                      96.24                        617                     42.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 12.625%
Maximum: 18.650%
Non-Zero Weighted Average: 15.586%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  459            $68,877,868.69                     12.92%                     8.810%                       357                     90.93%                     91.02%                        628                    40.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                            20              3,677,901.06                       0.69                      8.978                       358                      88.33                      89.60                        597                     40.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                           2                545,400.58                       0.10                     10.052                       358                      86.85                      86.85                        638                     44.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2                                                                         1,867            460,078,524.12                      86.29                      8.589                       358                      89.40                      89.85                        613                     41.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 2.000%
Non-Zero Weighted Average: 1.991%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  459            $68,877,868.69                     12.92%                     8.810%                       357                     90.93%                     91.02%                        628                    40.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                            22              3,948,332.91                       0.74                      9.063                       358                      88.44                      89.63                        596                     40.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                       1,867            460,353,492.85                      86.34                      8.590                       358                      89.40                      89.85                        613                     41.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 1.500%
Non-Zero Weighted Average: 1.496%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  459            $68,877,868.69                     12.92%                     8.810%                       357                     90.93%                     91.02%                        628                    40.60%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2008                                                                      2                793,397.89                       0.15                      9.062                       355                      87.35                      87.35                        622                     45.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2008                                                                     26              5,802,400.62                       1.09                      9.490                       356                      91.63                      91.63                        608                     41.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2008                                                                     81             23,691,931.24                       4.44                      9.331                       357                      90.56                      90.66                        603                     42.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2008                                                                   498            123,612,899.20                      23.18                      8.662                       358                      89.27                      89.77                        610                     41.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2008                                                                   779            177,689,887.75                      33.33                      8.527                       359                      89.33                      89.76                        610                     41.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2008                                                                     5              1,363,850.00                       0.26                      8.263                       360                      86.26                      86.26                        635                     43.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2009                                                                      2                567,751.32                       0.11                      9.131                       355                      89.87                      89.87                        593                     39.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2009                                                                     36              7,375,673.08                       1.38                      9.243                       356                      89.53                      89.97                        603                     40.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2009                                                                    163             39,540,715.38                       7.42                      8.899                       357                      88.65                      88.88                        606                     43.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2009                                                                    55             14,937,170.96                       2.80                      8.654                       358                      89.43                      90.27                        628                     40.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2009                                                                   235             66,839,693.32                      12.54                      8.046                       359                      89.56                      90.23                        628                     40.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2009                                                                     7              2,086,455.00                       0.39                      8.285                       360                      93.18                      93.18                        623                     45.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AK                                                                           10             $2,739,576.20                      0.51%                     8.845%                       359                     87.68%                     89.64%                        597                    46.43%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL                                                                           33              3,414,620.82                       0.64                      9.637                       358                      88.25                      88.83                        575                     37.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR                                                                           17              1,465,792.73                       0.27                      9.429                       358                      90.49                      90.95                        605                     36.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                           72             15,607,420.03                       2.93                      8.353                       357                      88.28                      88.55                        612                     41.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                          357            122,941,122.55                      23.06                      8.318                       358                      90.12                      90.62                        625                     42.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO                                                                           34              6,832,330.10                       1.28                      8.619                       358                      90.41                      90.82                        607                     39.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT                                                                           24              4,747,019.53                       0.89                      9.090                       358                      87.65                      87.65                        595                     43.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC                                                                            3              1,005,445.53                       0.19                      9.211                       359                      86.99                      86.99                        610                     44.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE                                                                            8              1,467,484.36                       0.28                      8.624                       359                      89.36                      89.36                        591                     40.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                          241             50,165,571.24                       9.41                      8.721                       359                      89.50                      89.73                        614                     41.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA                                                                           62             10,527,098.78                       1.97                      9.006                       358                      89.36                      89.94                        601                     39.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                           26              8,914,481.70                       1.67                      7.600                       358                      88.45                      88.84                        647                     43.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA                                                                           13              1,690,224.53                       0.32                      9.055                       358                      91.45                      91.80                        616                     43.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID                                                                           12              2,083,061.49                       0.39                      8.523                       358                      88.94                      90.70                        593                     38.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                          139             29,788,485.78                       5.59                      8.789                       358                      89.58                      89.68                        611                     41.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN                                                                           44              4,467,488.93                       0.84                      9.311                       358                      90.22                      90.47                        604                     38.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS                                                                           13              1,263,695.43                       0.24                      9.646                       358                      87.64                      88.42                        586                     34.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY                                                                           12              1,338,880.61                       0.25                      8.750                       358                      89.79                      92.08                        606                     44.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
LA                                                                            5                423,979.60                       0.08                      9.747                       358                      88.56                      88.56                        624                     35.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                           60             17,804,894.51                       3.34                      8.572                       358                      89.08                      89.16                        624                     40.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD                                                                           82             22,274,050.87                       4.18                      8.510                       358                      89.54                      89.65                        600                     44.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME                                                                           20              3,677,901.06                       0.69                      8.978                       358                      88.33                      89.60                        597                     40.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                           61              7,920,092.41                       1.49                      9.060                       358                      89.48                      89.94                        596                     39.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN                                                                           37              5,935,874.49                       1.11                      8.942                       359                      89.12                      89.71                        616                     39.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO                                                                           20              2,853,915.81                       0.54                      9.292                       358                      90.87                      92.23                        580                     41.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MS                                                                           14              1,726,807.31                       0.32                      9.675                       348                      88.56                      89.19                        572                     36.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MT                                                                            1                113,899.99                       0.02                      7.900                       359                      85.00                      85.00                        585                     36.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC                                                                           22              3,253,432.48                       0.61                      9.082                       358                      89.19                      89.19                        606                     34.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ND                                                                            2                268,429.77                       0.05                      8.368                       359                      90.41                      90.41                        608                     47.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE                                                                           13              1,387,012.04                       0.26                      9.329                       359                      91.73                      92.33                        609                     41.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH                                                                            6              1,943,031.43                       0.36                      7.931                       358                      87.09                      88.30                        616                     41.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                          135             42,037,222.30                       7.88                      8.622                       358                      89.34                      89.54                        623                     42.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM                                                                           30              5,613,757.78                       1.05                      9.272                       358                      87.95                      88.15                        587                     40.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV                                                                           25              5,433,060.22                       1.02                      8.427                       359                      89.07                      89.07                        612                     38.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                          137             47,620,736.08                       8.93                      8.374                       358                      89.51                      90.07                        631                     41.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH                                                                           57              6,404,054.62                       1.20                      9.225                       358                      90.75                      91.47                        597                     39.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK                                                                           16              1,648,647.35                       0.31                      9.594                       358                      92.80                      93.42                        617                     39.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR                                                                           30              6,872,849.15                       1.29                      8.724                       358                      89.69                      90.47                        612                     39.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA                                                                           94             14,423,288.77                       2.71                      8.955                       359                      89.21                      89.37                        594                     40.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI                                                                           17              4,904,097.06                       0.92                      8.543                       358                      88.96                      89.19                        622                     39.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC                                                                           35              5,653,367.90                       1.06                      9.150                       358                      88.06                      88.46                        576                     35.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SD                                                                            2                193,619.08                       0.04                      8.820                       359                      92.98                      92.98                        599                     30.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN                                                                           27              3,645,386.91                       0.68                      9.123                       358                      89.60                      91.37                        576                     36.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                          126             15,174,860.71                       2.85                      9.485                       358                      91.86                      92.44                        605                     39.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT                                                                           18              3,617,956.20                       0.68                      8.725                       359                      87.86                      88.11                        601                     41.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA                                                                           28              6,322,518.42                       1.19                      8.725                       358                      89.26                      89.86                        604                     42.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VT                                                                            2                649,936.19                       0.12                      8.959                       358                      85.00                      85.00                        608                     40.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA                                                                           56             15,364,451.49                       2.88                      8.164                       358                      90.54                      91.10                        609                     41.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI                                                                           46              7,084,662.18                       1.33                      8.762                       358                      89.22                      89.44                        592                     40.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV                                                                            4                472,099.93                       0.09                      9.529                       358                      89.90                      91.00                        609                     42.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 50


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                         295            $58,928,462.65                     11.05%                     9.235%                       358                     89.95%                     90.05%                        660                    38.88%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                         2,000            463,518,268.40                      86.93                      8.529                       358                      89.53                      89.98                        608                     41.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home                                                                  53             10,732,963.40                       2.01                      9.248                       358                      90.14                      90.34                        630                     39.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One Family                                                                1,752           $379,537,804.71                     71.18%                     8.627%                       358                     89.51%                     89.84%                        610                    41.61%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Detached                                                                237             59,821,087.76                      11.22                      8.461                       358                      89.92                      90.75                        612                     40.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                    161             47,294,079.16                       8.87                      8.706                       358                      89.48                      90.13                        638                     41.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                       137             30,576,522.57                       5.73                      8.740                       358                      90.08                      90.30                        644                     40.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Attached                                                                 60             15,725,041.96                       2.95                      8.614                       358                      89.73                      89.99                        611                     41.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Modular Home                                                                  1                225,158.29                       0.04                      9.175                       358                      85.00                      85.00                        518                     37.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                  1,279           $322,850,419.21                     60.55%                     8.398%                       358                     88.79%                     88.81%                        610                    41.59%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                    787            149,839,562.99                      28.10                      9.179                       358                      91.51                      92.57                        630                     40.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rate/Term                                                                   282             60,489,712.25                      11.35                      8.433                       358                      89.14                      89.98                        602                     42.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                        1,522           $322,296,285.33                     60.45%                     8.315%                       358                     89.57%                     89.96%                        603                    41.33%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation                                                        32              7,482,698.35                       1.40                      8.496                       359                      89.10                      90.95                        618                     41.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                        794            203,400,710.77                      38.15                      9.112                       358                      89.64                      90.02                        632                     41.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                           836           $196,165,518.76                     36.79%                     8.994%                       358                     89.54%                     89.84%                        616                    41.28%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                          138             47,843,706.04                       8.97                      8.400                       358                      89.71                      90.29                        624                     42.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                          970            206,953,714.29                      38.82                      8.465                       358                      89.50                      90.03                        606                     41.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                          404             82,216,755.36                      15.42                      8.256                       357                      89.85                      90.10                        627                     41.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 25


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                2,175           $521,728,018.67                     97.85%                     8.584%                       358                     89.36%                     89.78%                        613                    41.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Lien                                                                 173             11,451,675.78                       2.15                     10.344                       357                      99.91                      99.91                        672                     39.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
less than or equal to 500                                                     6               $902,047.61                      0.17%                     9.341%                       358                     84.79%                     84.79%                        500                    39.07%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525                                                                   133             26,254,656.87                       4.92                      9.480                       358                      85.68                      86.11                        513                     43.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550                                                                   172             33,414,041.65                       6.27                      9.242                       358                      86.47                      87.16                        538                     41.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575                                                                   328             67,909,984.67                      12.74                      8.989                       358                      87.87                      88.31                        562                     41.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                   391             87,989,664.90                      16.50                      8.752                       358                      88.97                      89.37                        589                     42.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625                                                                   428            105,252,483.53                      19.74                      8.435                       358                      89.93                      90.42                        612                     41.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650                                                                   369             83,003,066.91                      15.57                      8.544                       358                      91.33                      91.43                        637                     41.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675                                                                   231             58,231,764.15                      10.92                      8.228                       358                      90.95                      91.52                        662                     40.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700                                                                   143             31,926,822.22                       5.99                      8.315                       358                      91.30                      91.46                        688                     40.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
701 - 725                                                                    74             20,285,887.43                       3.80                      8.024                       358                      91.38                      91.81                        713                     39.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
726 - 750                                                                    44             11,546,357.40                       2.17                      8.045                       358                      91.33                      92.13                        737                     41.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
751 - 775                                                                    18              3,857,425.56                       0.72                      8.543                       358                      91.69                      91.69                        761                     36.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
776 - 800                                                                     9              1,961,866.82                       0.37                      7.963                       358                      91.71                      91.71                        780                     37.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
801 - 825                                                                     2                643,624.73                       0.12                      6.839                       359                      89.87                      89.87                        808                     46.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 813
Weighted Average: 614


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                 59            $10,924,664.39                      2.05%                     8.691%                       357                     88.66%                     88.69%                        629                    13.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99                                                                79             13,556,705.57                       2.54                      8.922                       359                      90.02                      91.16                        626                     22.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                               154             26,695,942.36                       5.01                      8.644                       358                      88.90                      89.13                        617                     27.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                               249             46,515,619.96                       8.72                      8.723                       358                      89.59                      89.83                        614                     32.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                               388             85,956,529.56                      16.12                      8.628                       358                      89.41                      89.63                        621                     37.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                               552            128,346,652.74                      24.07                      8.705                       358                      89.70                      90.13                        616                     42.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                               816            210,239,740.61                      39.43                      8.535                       358                      89.75                      90.25                        610                     47.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                                51             10,943,839.26                       2.05                      8.342                       358                      88.76                      89.18                        590                     52.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,348           $533,179,694.45                    100.00%                     8.622%                       358                     89.59%                     90.00%                        614                    41.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 2.96
Maximum: 54.95
Weighted Average: 41.42


ltv greater than 85


Carrington Mortgage Loan Trust, Series 2006-NC5
LTV greater than 85

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 1,655
Aggregate Principal Balance ($): 374,731,777
Weighted Average Current Mortgage Rate (%): 8.650
Weighted Average Margin (%): 6.159
Weighted Average Maximum Rate (%): 15.616
Weighted Average Months to Roll: 27
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 358
Weighted Average Combined Original LTV (%): 91.93
% First Liens: 96.94
% Owner Occupied: 85.15
% Purchase: 34.13
% Full Documentation: 59.93
Non-Zero Weighted Average FICO Score: 626


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15 Fixed                                                                      1                $47,423.33                      0.01%                     9.800%                       176                     99.83%                     99.83%                        640                    37.92%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20 Fixed                                                                      1                314,076.89                       0.08                      9.200                       238                      90.00                      90.00                        634                     40.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM                                                                     385             71,064,754.33                      18.96                      8.800                       359                      91.23                      91.63                        620                     40.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM 5Y-IO                                                               185             55,537,567.85                      14.82                      8.253                       359                      91.96                      92.09                        634                     42.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed                                                                    258             25,640,787.02                       6.84                      9.448                       358                      95.16                      95.16                        645                     39.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 5Y-IO                                                                6              1,564,999.02                       0.42                      8.008                       358                      90.49                      90.49                        647                     43.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM                                                                     142             30,126,561.79                       8.04                      8.855                       358                      90.92                      91.15                        611                     39.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM 5Y-IO                                                                91             30,335,134.00                       8.10                      7.788                       358                      91.96                      91.96                        647                     43.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2/1 ARM                                                               406            108,788,205.10                      29.03                      8.911                       358                      91.30                      91.49                        611                     42.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3/1 ARM                                                                95             30,350,594.96                       8.10                      8.461                       358                      91.70                      91.91                        640                     41.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed                                                                  85             20,961,672.87                       5.59                      8.131                       358                      91.97                      92.02                        647                     41.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                 7             $2,400,162.30                      0.64%                     5.859%                       359                     91.34%                     91.34%                        694                    41.94%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                30             11,734,360.71                       3.13                      6.367                       358                      90.94                      90.94                        673                     42.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                74             25,043,881.12                       6.68                      6.820                       358                      91.59                      91.59                        656                     41.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                83             27,370,655.57                       7.30                      7.331                       359                      91.62                      91.71                        646                     41.94
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               183             50,049,840.26                      13.36                      7.806                       359                      91.25                      91.29                        631                     42.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               191             48,473,274.34                      12.94                      8.303                       358                      91.43                      91.80                        626                     42.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               298             71,559,087.86                      19.10                      8.797                       358                      91.43                      91.54                        613                     41.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               249             52,131,702.51                      13.91                      9.278                       357                      91.41                      91.73                        607                     41.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              276             45,399,671.39                      12.12                      9.776                       358                      92.15                      92.45                        618                     40.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                             117             19,582,802.92                       5.23                     10.288                       358                      92.58                      92.84                        624                     40.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              95             14,671,446.88                       3.92                     10.767                       358                      93.96                      94.21                        626                     40.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                              38              4,579,582.79                       1.22                     11.204                       358                      95.76                      95.90                        637                     38.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                              10              1,373,506.18                       0.37                     11.586                       358                      96.86                      96.86                        615                     41.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               4                361,802.33                       0.10                     12.237                       358                     100.00                     100.00                        678                     39.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.625%
Maximum: 12.500%
Weighted Average: 8.650%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.01 - 50,000.00                                                             72             $2,736,781.81                      0.73%                    10.058%                       355                     99.31%                     99.31%                        647                    39.05%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                      279             21,325,876.58                       5.69                      9.630                       358                      93.47                      93.85                        621                     38.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                     298             37,305,114.72                       9.96                      9.226                       358                      91.94                      92.16                        617                     38.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                     213             37,097,082.65                       9.90                      8.820                       358                      91.50                      91.69                        617                     40.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00                                                     188             42,144,246.82                      11.25                      8.739                       358                      91.09                      91.16                        623                     40.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00                                                     158             43,500,375.61                      11.61                      8.741                       358                      91.73                      92.17                        620                     41.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00                                                     120             38,864,082.53                      10.37                      8.597                       357                      91.31                      91.47                        622                     41.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00                                                      97             36,313,436.40                       9.69                      8.299                       358                      91.42                      91.46                        628                     43.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00                                                      92             38,928,511.20                      10.39                      8.275                       358                      92.06                      92.37                        639                     43.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00                                                      53             25,255,010.23                       6.74                      8.261                       358                      92.15                      92.35                        630                     43.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00                                                      30             15,807,688.86                       4.22                      8.205                       359                      90.99                      90.99                        630                     43.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00                                                      20             11,470,995.14                       3.06                      8.267                       358                      91.26                      91.26                        636                     40.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00                                                      14              8,600,216.05                       2.30                      8.518                       358                      92.43                      92.43                        652                     44.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00                                                      13              8,785,274.10                       2.34                      7.968                       358                      90.57                      90.57                        634                     42.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00                                                       4              2,888,003.55                       0.77                      7.844                       359                      91.21                      91.21                        623                     36.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
800,000.01 - 850,000.00                                                       2              1,682,635.68                       0.45                      9.194                       358                      94.03                      94.03                        627                     45.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
850,000.01 - 900,000.00                                                       1                879,711.04                       0.23                      7.525                       359                      89.98                      89.98                        627                     39.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to                                         1              1,146,734.19                       0.31                      8.725                       359                      89.96                      89.96                        714                     28.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $29,946.46
Maximum: $1,146,734.19
Weighted Average: $226,424.03


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     1                $47,423.33                      0.01%                     9.800%                       176                     99.83%                     99.83%                        640                    37.92%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240                                                                     1                314,076.89                       0.08                      9.200                       238                      90.00                      90.00                        634                     40.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                 1,653            374,370,276.94                      99.90                      8.650                       358                      91.74                      91.93                        626                     41.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 180
Maximum: 360
Weighted Average: 360


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     1                $47,423.33                      0.01%                     9.800%                       176                     99.83%                     99.83%                        640                    37.92%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240                                                                     1                314,076.89                       0.08                      9.200                       238                      90.00                      90.00                        634                     40.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                 1,653            374,370,276.94                      99.90                      8.650                       358                      91.74                      91.93                        626                     41.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 176
Maximum: 360
Weighted Average: 358


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00                                                               973           $232,857,047.50                     62.14%                     8.589%                       358                     89.64%                     89.64%                        618                    40.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                               460            118,056,413.29                      31.50                      8.504                       358                      94.62                      94.83                        637                     42.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                              222             23,818,316.37                       6.36                      9.972                       357                      98.02                      99.94                        653                     41.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 85.06%
Maximum: 100.00%
Weighted Average: 91.93%


8. Current Gross Margin (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  351            $48,528,959.13                     12.95%                     8.832%                       357                     93.60%                     93.62%                        646                    40.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500                                                                 1                178,917.81                       0.05                      9.825                       359                      85.24                      85.24                        600                     40.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                               257             66,479,628.48                      17.74                      8.203                       358                      91.44                      91.60                        631                     41.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                               981            241,176,350.92                      64.36                      8.699                       358                      91.55                      91.79                        621                     41.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                59             16,973,460.28                       4.53                      9.193                       358                      90.59                      90.59                        621                     42.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                 5              1,160,601.00                       0.31                      8.657                       358                      88.50                      88.86                        558                     43.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                 1                233,859.54                       0.06                      7.850                       358                      90.00                      90.00                        533                     37.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.500%
Maximum: 8.000%
Non-Zero Weighted Average: 6.159%


9. Minimum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  351            $48,528,959.13                     12.95%                     8.832%                       357                     93.60%                     93.62%                        646                    40.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                 4              1,215,312.30                       0.32                      5.754                       358                      91.00                      91.00                        682                     44.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                24              9,691,812.64                       2.59                      6.276                       359                      90.98                      90.98                        674                     42.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                60             19,845,439.57                       5.30                      6.810                       359                      91.42                      91.42                        654                     42.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                69             22,848,690.06                       6.10                      7.337                       359                      91.69                      91.80                        646                     41.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               162             45,691,867.83                      12.19                      7.807                       359                      91.19                      91.22                        630                     42.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               175             45,908,772.95                      12.25                      8.303                       358                      91.36                      91.75                        625                     41.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               271             65,813,482.22                      17.56                      8.798                       358                      91.39                      91.51                        610                     41.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               211             47,301,611.85                      12.62                      9.281                       358                      91.11                      91.46                        604                     41.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              193             38,673,617.24                      10.32                      9.772                       358                      91.60                      91.94                        614                     41.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                              71             15,507,670.75                       4.14                     10.280                       358                      92.00                      92.33                        625                     40.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              50             10,936,044.15                       2.92                     10.774                       358                      92.78                      93.12                        622                     39.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                              10              1,772,320.40                       0.47                     11.145                       358                      93.75                      94.11                        628                     35.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                               4                996,176.07                       0.27                     11.547                       357                      98.25                      98.25                        626                     44.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.900%
Maximum: 11.550%
Non-Zero Weighted Average: 8.625%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  351            $48,528,959.13                     12.95%                     8.832%                       357                     93.60%                     93.62%                        646                    40.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                               8              2,571,017.93                       0.69                      5.925                       359                      91.10                      91.10                        692                     41.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500                                                              21              8,506,962.64                       2.27                      6.319                       359                      90.88                      90.88                        669                     42.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000                                                              60             19,826,481.74                       5.29                      6.819                       359                      91.43                      91.43                        654                     42.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500                                                              74             23,797,267.35                       6.35                      7.378                       359                      91.63                      91.77                        645                     41.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000                                                             164             46,113,203.41                      12.31                      7.820                       359                      91.24                      91.27                        630                     42.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500                                                             171             45,149,096.64                      12.05                      8.306                       358                      91.38                      91.76                        624                     41.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000                                                             270             65,545,886.24                      17.49                      8.802                       358                      91.36                      91.48                        610                     41.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500                                                             210             47,112,710.87                      12.57                      9.281                       358                      91.12                      91.46                        604                     41.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000                                                             191             38,367,979.84                      10.24                      9.771                       358                      91.61                      91.96                        614                     41.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500                                                              71             15,507,670.75                       4.14                     10.280                       358                      92.00                      92.33                        625                     40.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000                                                              50             10,936,044.15                       2.92                     10.774                       358                      92.78                      93.12                        622                     39.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500                                                              10              1,772,320.40                       0.47                     11.145                       358                      93.75                      94.11                        628                     35.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000                                                               4                996,176.07                       0.27                     11.547                       357                      98.25                      98.25                        626                     44.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 12.625%
Maximum: 18.550%
Non-Zero Weighted Average: 15.616%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  351            $48,528,959.13                     12.95%                     8.832%                       357                     93.60%                     93.62%                        646                    40.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                            13              2,339,102.48                       0.62                      8.625                       358                      90.82                      91.19                        625                     40.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                           1                202,154.13                       0.05                     10.225                       356                      90.00                      90.00                        731                     43.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2                                                                         1,290            323,661,561.42                      86.37                      8.622                       358                      91.47                      91.68                        623                     41.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 2.000%
Non-Zero Weighted Average: 1.993%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  351            $48,528,959.13                     12.95%                     8.832%                       357                     93.60%                     93.62%                        646                    40.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                            15              2,609,534.33                       0.70                      8.791                       358                      90.74                      91.06                        622                     39.94
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                       1,289            323,593,283.70                      86.35                      8.622                       358                      91.47                      91.68                        623                     41.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 1.500%
Non-Zero Weighted Average: 1.496%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  351            $48,528,959.13                     12.95%                     8.832%                       357                     93.60%                     93.62%                        646                    40.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2008                                                                      1                373,153.58                       0.10                      9.525                       355                      90.00                      90.00                        659                     46.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2008                                                                     23              5,315,291.73                       1.42                      9.508                       356                      92.24                      92.24                        612                     41.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2008                                                                     57             16,996,140.74                       4.54                      9.465                       357                      93.01                      93.14                        615                     42.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2008                                                                   356             88,430,280.62                      23.60                      8.762                       358                      91.14                      91.44                        617                     41.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2008                                                                   537            123,841,560.61                      33.05                      8.558                       359                      91.40                      91.63                        621                     41.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2008                                                                     2                434,100.00                       0.12                      7.936                       360                      89.16                      89.16                        719                     46.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2009                                                                      2                567,751.32                       0.15                      9.131                       355                      89.87                      89.87                        593                     39.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2009                                                                     23              4,852,158.62                       1.29                      9.425                       356                      92.24                      92.24                        618                     39.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2009                                                                     90             23,455,888.43                       6.26                      8.789                       357                      91.46                      91.59                        623                     43.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2009                                                                    40             11,072,884.91                       2.95                      8.756                       358                      91.23                      91.35                        631                     40.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2009                                                                   167             48,888,152.47                      13.05                      7.967                       359                      91.49                      91.67                        640                     40.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2009                                                                     6              1,975,455.00                       0.53                      8.263                       360                      93.72                      93.72                        625                     45.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AK                                                                            5             $1,376,202.56                      0.37%                     8.829%                       358                     90.86%                     92.92%                        622                    46.17%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL                                                                           17              1,868,336.31                       0.50                      9.279                       358                      90.94                      91.47                        588                     40.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR                                                                           13                956,357.02                       0.26                      9.147                       358                      93.59                      93.59                        638                     33.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                           42              8,662,812.50                       2.31                      8.488                       358                      91.74                      91.74                        636                     41.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                          270             87,939,548.65                      23.47                      8.446                       358                      92.36                      92.45                        632                     42.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO                                                                           27              5,161,122.72                       1.38                      8.717                       358                      92.31                      92.31                        611                     38.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT                                                                           14              2,791,941.88                       0.75                      8.942                       359                      89.99                      89.99                        620                     42.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC                                                                            1                399,532.85                       0.11                      9.800                       359                      90.00                      90.00                        626                     41.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE                                                                            4                869,329.16                       0.23                      8.690                       359                      92.99                      92.99                        613                     42.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                          170             35,731,523.51                       9.54                      8.773                       359                      91.54                      91.70                        627                     41.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA                                                                           42              7,497,014.00                       2.00                      9.081                       358                      91.30                      91.50                        612                     39.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                           17              6,008,474.98                       1.60                      7.676                       358                      90.42                      91.00                        651                     43.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA                                                                           11              1,320,381.97                       0.35                      9.057                       359                      93.26                      93.71                        625                     42.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID                                                                            7              1,347,451.99                       0.36                      8.237                       359                      91.26                      91.26                        612                     38.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                           95             20,074,635.40                       5.36                      8.723                       358                      92.03                      92.18                        625                     41.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN                                                                           31              3,429,226.69                       0.92                      9.145                       359                      91.80                      91.91                        618                     39.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS                                                                            9                876,503.64                       0.23                      9.611                       358                      88.81                      89.93                        590                     35.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY                                                                            8                811,181.27                       0.22                      8.751                       358                      92.91                      92.91                        636                     42.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
LA                                                                            3                241,441.33                       0.06                      9.386                       358                      91.25                      91.25                        638                     40.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                           40             11,969,912.73                       3.19                      8.702                       358                      91.41                      91.52                        635                     39.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD                                                                           55             15,999,795.48                       4.27                      8.385                       358                      91.53                      91.53                        616                     44.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME                                                                           13              2,339,102.48                       0.62                      8.625                       358                      90.82                      91.19                        625                     40.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                           41              5,238,793.44                       1.40                      9.189                       358                      91.87                      92.05                        611                     38.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN                                                                           29              4,146,234.16                       1.11                      9.119                       358                      90.90                      90.90                        618                     39.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO                                                                           16              2,443,035.61                       0.65                      9.410                       358                      92.00                      93.59                        584                     42.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MS                                                                            7                923,470.58                       0.25                      9.938                       359                      91.86                      92.30                        580                     34.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC                                                                           18              2,658,218.38                       0.71                      8.949                       358                      90.30                      90.30                        613                     34.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ND                                                                            1                145,241.04                       0.04                      7.450                       359                      95.00                      95.00                        665                     49.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE                                                                           12              1,296,080.76                       0.35                      9.343                       359                      92.20                      92.84                        611                     40.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH                                                                            4              1,088,548.56                       0.29                      8.118                       358                      90.34                      90.34                        628                     45.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                          102             32,273,600.63                       8.61                      8.583                       358                      90.78                      90.91                        634                     42.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM                                                                           17              2,805,732.41                       0.75                      9.041                       358                      91.73                      91.73                        597                     37.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV                                                                           16              3,429,781.01                       0.92                      8.513                       359                      91.64                      91.64                        630                     37.94
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                           93             34,240,538.37                       9.14                      8.295                       358                      91.39                      91.58                        647                     41.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH                                                                           45              5,184,582.75                       1.38                      9.204                       358                      92.11                      92.63                        609                     40.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK                                                                           14              1,478,718.83                       0.39                      9.564                       358                      93.70                      94.00                        626                     38.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR                                                                           20              4,631,569.53                       1.24                      8.986                       358                      92.01                      92.01                        609                     38.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA                                                                           62              9,420,970.95                       2.51                      8.932                       359                      91.79                      91.89                        607                     41.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI                                                                           12              3,495,413.90                       0.93                      8.365                       359                      91.00                      91.00                        631                     40.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC                                                                           21              2,902,212.63                       0.77                      8.705                       358                      91.07                      91.29                        605                     36.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SD                                                                            2                193,619.08                       0.05                      8.820                       359                      92.98                      92.98                        599                     30.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN                                                                           19              2,540,000.43                       0.68                      9.132                       358                      92.02                      93.99                        589                     38.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                          109             12,878,315.54                       3.44                      9.497                       358                      93.18                      93.52                        611                     39.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT                                                                           11              2,337,227.84                       0.62                      8.872                       359                      89.89                      90.28                        609                     41.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA                                                                           15              3,821,806.31                       1.02                      9.121                       358                      92.36                      93.19                        606                     43.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA                                                                           44             12,390,664.66                       3.31                      8.313                       358                      91.89                      92.17                        620                     41.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI                                                                           29              4,805,337.79                       1.28                      8.772                       358                      91.36                      91.68                        606                     38.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV                                                                            2                290,232.85                       0.08                      8.516                       358                      92.99                      92.99                        639                     45.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 48


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                         230            $48,549,047.43                     12.96%                     9.285%                       358                     91.06%                     91.13%                        665                    39.27%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                         1,384            319,093,956.48                      85.15                      8.543                       358                      91.82                      92.02                        620                     41.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home                                                                  41              7,088,773.25                       1.89                      9.144                       358                      92.81                      93.12                        650                     41.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One Family                                                                1,215           $264,376,174.61                     70.55%                     8.633%                       358                     91.68%                     91.86%                        622                    41.70%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Detached                                                                175             42,152,304.21                      11.25                      8.596                       358                      92.21                      92.40                        622                     40.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                    116             33,601,579.27                       8.97                      8.828                       358                      91.45                      91.83                        646                     41.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                       105             22,618,405.40                       6.04                      8.761                       359                      92.10                      92.20                        654                     41.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Attached                                                                 44             11,983,313.67                       3.20                      8.515                       358                      91.45                      91.45                        626                     41.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                    794           $207,799,969.63                     55.45%                     8.361%                       358                     91.20%                     91.21%                        622                    41.78%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                    674            127,902,970.41                      34.13                      9.229                       358                      92.64                      93.16                        636                     40.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rate/Term                                                                   187             39,028,837.12                      10.42                      8.295                       358                      91.67                      91.67                        613                     42.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                        1,049           $224,578,260.00                     59.93%                     8.298%                       358                     91.82%                     91.97%                        615                    41.40%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation                                                        19              3,937,846.44                       1.05                      8.647                       358                      92.79                      92.79                        640                     41.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                        587            146,215,670.72                      39.02                      9.192                       358                      91.58                      91.83                        642                     41.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                           591           $140,397,300.94                     37.47%                     8.975%                       358                     91.52%                     91.68%                        630                    41.39%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                           99             35,885,143.96                       9.58                      8.396                       358                      91.40                      91.70                        632                     42.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                          690            142,608,577.51                      38.06                      8.555                       358                      91.79                      92.05                        616                     41.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                          275             55,840,754.75                      14.90                      8.239                       358                      92.36                      92.39                        638                     41.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 25


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                1,482           $363,280,101.38                     96.94%                     8.597%                       358                     91.48%                     91.67%                        625                    41.57%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Lien                                                                 173             11,451,675.78                       3.06                     10.344                       357                      99.91                      99.91                        672                     39.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525                                                                    23             $5,742,735.36                      1.53%                     9.262%                       358                     89.35%                     89.45%                        516                    44.53%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550                                                                    59             11,793,423.00                       3.15                      9.417                       358                      90.10                      90.48                        541                     40.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575                                                                   196             39,200,100.89                      10.46                      9.090                       358                      90.29                      90.62                        562                     41.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                   280             63,160,062.58                      16.85                      8.874                       358                      90.74                      90.96                        589                     42.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625                                                                   325             77,286,177.32                      20.62                      8.512                       358                      91.92                      92.18                        612                     42.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650                                                                   321             71,041,337.25                      18.96                      8.645                       358                      92.48                      92.56                        636                     41.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675                                                                   194             46,300,054.38                      12.36                      8.416                       358                      92.62                      92.74                        662                     40.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700                                                                   127             26,982,464.42                       7.20                      8.428                       358                      92.61                      92.64                        688                     40.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
701 - 725                                                                    65             17,826,205.82                       4.76                      8.195                       358                      92.33                      92.63                        713                     39.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
726 - 750                                                                    40              9,857,983.90                       2.63                      8.051                       358                      92.42                      92.47                        737                     41.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
751 - 775                                                                    16              3,407,984.17                       0.91                      8.611                       358                      92.57                      92.57                        761                     37.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
776 - 800                                                                     7              1,489,623.34                       0.40                      8.190                       358                      93.84                      93.84                        780                     36.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
801 - 825                                                                     2                643,624.73                       0.17                      6.839                       359                      89.87                      89.87                        808                     46.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 501
Maximum: 813
Weighted Average: 626


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                 35             $7,085,850.73                      1.89%                     8.617%                       358                     90.82%                     90.82%                        650                    12.77%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99                                                                57              9,919,673.76                       2.65                      8.939                       358                      92.08                      92.14                        636                     22.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                               111             18,249,919.07                       4.87                      8.825                       358                      90.94                      90.97                        626                     27.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                               183             34,400,723.35                       9.18                      8.749                       358                      91.46                      91.59                        627                     32.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                               259             56,495,566.20                      15.08                      8.692                       358                      91.96                      92.08                        633                     37.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                               398             90,827,158.20                      24.24                      8.762                       358                      91.83                      92.09                        626                     42.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                               579            150,734,907.69                      40.22                      8.525                       358                      91.79                      92.02                        622                     47.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                                33              7,017,978.16                       1.87                      8.242                       358                      91.46                      91.46                        606                     52.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,655           $374,731,777.16                    100.00%                     8.650%                       358                     91.74%                     91.93%                        626                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 2.96
Maximum: 54.84
Weighted Average: 41.51

fico less than 600


Carrington Mortgage Loan Trust, Series 2006-NC5
FICO less than 600

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 2,275
Aggregate Principal Balance ($): 460,813,245
Weighted Average Current Mortgage Rate (%): 8.834
Weighted Average Margin (%): 6.320
Weighted Average Maximum Rate (%): 15.799
Weighted Average Months to Roll: 27
Weighted Average Stated Original Term (months): 359
Weighted Average Stated Remaining Term (months): 357
Weighted Average Combined Original LTV (%): 78.64
% First Liens: 99.97
% Owner Occupied: 95.60
% Purchase: 13.51
% Full Documentation: 67.89
Non-Zero Weighted Average FICO Score: 555


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15 Fixed                                                                     13             $1,626,369.64                      0.35%                     8.478%                       179                     62.59%                     62.59%                        558                    30.66%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20 Fixed                                                                     11              1,263,101.80                       0.27                      9.077                       238                      67.17                      67.17                        550                     36.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM                                                                     591             97,911,284.06                      21.25                      9.050                       359                      78.81                      79.73                        555                     40.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM 5Y-IO                                                                51             13,160,775.96                       2.86                      8.075                       359                      85.52                      85.87                        589                     42.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed                                                                    221             30,918,153.37                       6.71                      9.279                       358                      76.71                      77.29                        554                     40.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 5Y-IO                                                                2                355,500.00                       0.08                      8.977                       357                      90.00                      90.00                        593                     39.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM                                                                     189             34,677,406.81                       7.53                      9.350                       358                      82.64                      83.30                        554                     40.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM 5Y-IO                                                                14              3,629,209.95                       0.79                      7.361                       359                      85.67                      85.67                        592                     44.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2/1 ARM                                                               836            199,214,033.65                      43.23                      8.734                       358                      77.99                      78.24                        553                     42.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3/1 ARM                                                               205             51,550,165.78                      11.19                      8.550                       358                      75.58                      76.57                        554                     42.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed                                                                 142             26,507,244.09                       5.75                      8.729                       358                      73.50                      73.89                        552                     42.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                 8             $2,200,898.14                      0.48%                     5.874%                       359                     68.20%                     69.47%                        575                    45.69%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                22              6,466,344.03                       1.40                      6.331                       359                      71.45                      72.39                        575                     42.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                69             19,462,162.44                       4.22                      6.839                       356                      71.27                      71.64                        570                     41.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               105             27,573,285.99                       5.98                      7.331                       358                      71.08                      71.31                        569                     42.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               253             62,403,493.19                      13.54                      7.818                       357                      75.75                      76.03                        560                     42.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               260             54,884,869.49                      11.91                      8.300                       358                      76.48                      77.15                        558                     42.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               438             90,485,089.59                      19.64                      8.809                       357                      80.05                      80.43                        555                     42.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               385             73,240,862.62                      15.89                      9.274                       358                      81.03                      81.77                        554                     41.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              378             67,441,387.70                      14.64                      9.771                       358                      80.15                      80.82                        549                     41.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                             166             26,989,933.68                       5.86                     10.268                       357                      80.66                      81.61                        543                     39.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                             119             19,812,933.59                       4.30                     10.728                       356                      80.57                      81.08                        541                     40.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                              43              5,868,552.54                       1.27                     11.231                       356                      78.10                      78.31                        543                     39.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                              21              3,012,086.92                       0.65                     11.694                       359                      74.41                      74.41                        526                     37.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               6                742,552.63                       0.16                     12.300                       350                      75.56                      75.56                        530                     33.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                               2                228,792.56                       0.05                     12.625                       356                      43.99                      43.99                        549                     28.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.650%
Maximum: 12.625%
Weighted Average: 8.834%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.01 - 50,000.00                                                             21             $1,012,674.32                      0.22%                     9.722%                       347                     57.08%                     57.08%                        553                    36.05%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                      435             34,190,136.61                       7.42                      9.468                       356                      76.85                      78.28                        552                     37.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                     495             62,429,770.44                      13.55                      9.170                       355                      77.22                      78.07                        553                     39.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                     406             71,173,651.01                      15.45                      9.014                       358                      76.54                      76.92                        551                     40.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00                                                     302             68,065,852.60                      14.77                      8.751                       357                      76.67                      77.22                        553                     42.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00                                                     211             57,831,827.99                      12.55                      8.766                       358                      78.06                      78.35                        552                     42.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00                                                     121             39,636,183.86                       8.60                      8.574                       357                      79.48                      79.76                        557                     43.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00                                                     118             44,228,932.73                       9.60                      8.469                       358                      78.52                      79.08                        554                     44.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00                                                      65             27,765,460.61                       6.03                      8.558                       358                      81.41                      81.80                        558                     44.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00                                                      49             23,399,669.38                       5.08                      8.572                       358                      81.34                      81.66                        567                     44.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00                                                      20             10,510,020.09                       2.28                      8.526                       358                      80.51                      81.24                        559                     43.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00                                                      15              8,580,549.79                       1.86                      8.991                       358                      84.86                      85.14                        566                     41.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00                                                       7              4,430,469.95                       0.96                      8.169                       358                      73.82                      73.82                        572                     38.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00                                                       4              2,717,244.85                       0.59                      8.728                       358                      88.87                      88.87                        586                     45.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00                                                       4              2,965,468.11                       0.64                      8.476                       357                      76.72                      76.72                        576                     42.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00                                                       1                799,869.59                       0.17                      9.900                       359                      80.00                      80.00                        572                     44.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to                                         1              1,075,463.18                       0.23                      7.575                       359                      75.00                      75.00                        593                     41.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $31,470.04
Maximum: $1,075,463.18
Weighted Average: $202,555.27


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                    13             $1,626,369.64                      0.35%                     8.478%                       179                     62.59%                     62.59%                        558                    30.66%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240                                                                    11              1,263,101.80                       0.27                      9.077                       238                      67.17                      67.17                        550                     36.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                 2,251            457,923,773.67                      99.37                      8.834                       358                      78.18                      78.72                        555                     41.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 180
Maximum: 360
Weighted Average: 359


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                    13             $1,626,369.64                      0.35%                     8.478%                       179                     62.59%                     62.59%                        558                    30.66%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240                                                                    11              1,263,101.80                       0.27                      9.077                       238                      67.17                      67.17                        550                     36.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                 2,251            457,923,773.67                      99.37                      8.834                       358                      78.18                      78.72                        555                     41.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 178
Maximum: 360
Weighted Average: 357


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.01 - 10.00                                                                  1                $49,990.87                      0.01%                     9.525%                       359                      7.87%                      7.87%                        502                    48.02%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.01 - 15.00                                                                 1                 49,972.54                       0.01                      8.975                       359                      11.11                      11.11                        595                     32.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.01 - 20.00                                                                 3                155,969.90                       0.03                      9.524                       359                      18.78                      18.78                        544                     30.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.01 - 25.00                                                                 2                145,877.47                       0.03                      9.552                       358                      23.19                      23.19                        531                     43.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00                                                                 5                684,421.14                       0.15                      9.126                       358                      26.98                      26.98                        568                     29.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00                                                                14              1,688,229.27                       0.37                      9.184                       358                      32.87                      32.87                        564                     34.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00                                                                14              2,093,483.83                       0.45                      8.209                       358                      37.26                      37.26                        545                     40.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00                                                                35              5,503,319.61                       1.19                      8.257                       355                      43.00                      43.00                        556                     39.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00                                                                42              6,974,171.37                       1.51                      8.195                       350                      47.61                      47.61                        554                     41.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00                                                                60             11,292,866.96                       2.45                      8.304                       357                      52.80                      52.80                        553                     40.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00                                                                90             17,369,971.26                       3.77                      8.076                       352                      58.13                      58.13                        547                     40.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00                                                               128             25,668,007.26                       5.57                      8.489                       356                      63.48                      63.48                        548                     40.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00                                                               173             36,619,473.50                       7.95                      8.722                       357                      69.07                      69.07                        548                     41.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00                                                               229             47,510,056.75                      10.31                      8.902                       358                      73.95                      74.01                        546                     42.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00                                                               421             85,620,525.83                      18.58                      8.822                       357                      79.33                      79.35                        550                     41.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00                                                               429             90,061,166.79                      19.54                      8.955                       358                      84.32                      84.51                        551                     42.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00                                                               440             95,283,283.00                      20.68                      8.983                       358                      89.47                      89.58                        569                     42.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                               116             22,763,674.95                       4.94                      9.286                       358                      93.31                      94.91                        576                     42.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                               72             11,278,782.81                       2.45                      9.035                       358                      84.07                      99.80                        558                     44.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 7.87%
Maximum: 100.00%
Weighted Average: 78.64%


8. Current Gross Margin (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  389            $60,670,368.90                     13.17%                     9.011%                       351                     74.81%                     75.27%                        554                    40.79%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500                                                                 6                862,935.17                       0.19                      9.493                       359                      82.50                      82.50                        550                     44.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                               258             55,167,047.35                      11.97                      8.712                       358                      79.09                      79.74                        558                     41.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                             1,207            252,888,913.80                      54.88                      8.651                       358                      80.29                      80.94                        557                     41.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               237             55,626,867.09                      12.07                      9.146                       358                      75.25                      75.62                        551                     43.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               166             33,488,272.18                       7.27                      9.503                       358                      70.65                      70.66                        542                     41.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                10              1,603,896.07                       0.35                      9.486                       358                      73.42                      73.42                        555                     42.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                 2                504,944.55                       0.11                     10.104                       356                      80.75                      80.75                        552                     50.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.400%
Maximum: 8.850%
Non-Zero Weighted Average: 6.320%


9. Minimum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  389            $60,670,368.90                     13.17%                     9.011%                       351                     74.81%                     75.27%                        554                    40.79%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                 1                260,733.64                       0.06                      5.950                       358                      58.65                      58.65                        587                     54.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                26              7,481,066.47                       1.62                      6.189                       359                      73.44                      74.62                        574                     43.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                54             15,286,365.34                       3.32                      6.857                       359                      72.13                      72.61                        569                     41.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                90             23,719,694.83                       5.15                      7.329                       358                      72.05                      72.15                        567                     42.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               221             55,762,581.06                      12.10                      7.817                       358                      76.10                      76.40                        559                     42.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               224             49,712,226.12                      10.79                      8.300                       359                      77.06                      77.58                        557                     42.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               379             81,217,777.45                      17.62                      8.812                       358                      80.53                      80.93                        555                     42.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               336             65,644,802.36                      14.25                      9.275                       358                      81.40                      82.20                        554                     41.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              298             57,301,946.42                      12.43                      9.769                       358                      80.63                      81.35                        550                     41.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                             127             21,828,195.08                       4.74                     10.269                       358                      80.80                      81.86                        543                     40.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              80             14,941,522.32                       3.24                     10.730                       358                      80.86                      81.34                        541                     39.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                              30              4,054,727.55                       0.88                     11.178                       358                      77.62                      77.93                        542                     38.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                              14              2,080,106.50                       0.45                     11.683                       359                      72.91                      72.91                        527                     37.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               4                622,338.51                       0.14                     12.293                       358                      77.16                      77.16                        529                     33.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                               2                228,792.56                       0.05                     12.625                       356                      43.99                      43.99                        549                     28.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.950%
Maximum: 12.625%
Non-Zero Weighted Average: 8.809%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  389            $60,670,368.90                     13.17%                     9.011%                       351                     74.81%                     75.27%                        554                    40.79%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                               8              2,200,898.14                       0.48                      5.874                       359                      68.20                      69.47                        575                     45.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500                                                              21              5,790,165.72                       1.26                      6.353                       359                      75.09                      76.14                        574                     42.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000                                                              58             16,117,248.73                       3.50                      6.877                       359                      72.04                      72.60                        568                     41.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500                                                              87             23,130,391.97                       5.02                      7.347                       358                      72.19                      72.32                        567                     42.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000                                                             219             55,441,284.00                      12.03                      7.817                       358                      76.10                      76.37                        560                     42.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500                                                             228             50,444,076.03                      10.95                      8.317                       359                      77.15                      77.65                        557                     42.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000                                                             383             81,750,193.49                      17.74                      8.819                       358                      80.55                      81.00                        555                     42.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500                                                             332             64,927,179.15                      14.09                      9.278                       358                      81.35                      82.20                        554                     41.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000                                                             296             57,452,958.82                      12.47                      9.781                       358                      80.61                      81.25                        550                     41.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500                                                             126             21,644,421.16                       4.70                     10.268                       358                      80.80                      81.74                        544                     40.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000                                                              78             14,258,093.88                       3.09                     10.723                       358                      80.80                      81.32                        541                     39.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500                                                              30              4,054,727.55                       0.88                     11.178                       358                      77.62                      77.93                        542                     38.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000                                                              14              2,080,106.50                       0.45                     11.683                       359                      72.91                      72.91                        527                     37.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
19.001 - 19.500                                                               4                622,338.51                       0.14                     12.293                       358                      77.16                      77.16                        529                     33.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
19.501 - 20.000                                                               2                228,792.56                       0.05                     12.625                       356                      43.99                      43.99                        549                     28.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 12.650%
Maximum: 19.625%
Non-Zero Weighted Average: 15.799%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  389            $60,670,368.90                     13.17%                     9.011%                       351                     74.81%                     75.27%                        554                    40.79%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                            17              3,041,123.56                       0.66                      9.468                       358                      82.69                      85.92                        544                     42.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                           2                432,340.21                       0.09                      9.935                       358                      78.31                      78.31                        570                     47.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2                                                                         1,867            396,669,412.44                      86.08                      8.800                       358                      78.57                      79.09                        555                     41.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 2.000%
Non-Zero Weighted Average: 1.992%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  389            $60,670,368.90                     13.17%                     9.011%                       351                     74.81%                     75.27%                        554                    40.79%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                            19              3,240,357.80                       0.70                      9.508                       358                      82.23                      85.91                        544                     41.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                       1,867            396,902,518.41                      86.13                      8.801                       358                      78.57                      79.09                        555                     41.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 1.500%
Non-Zero Weighted Average: 1.496%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  389            $60,670,368.90                     13.17%                     9.011%                       351                     74.81%                     75.27%                        554                    40.79%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6/1/2008                                                                      1                110,904.76                       0.02                     10.400                       354                      67.27                      67.27                        508                     26.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2008                                                                      3                644,679.88                       0.14                      8.840                       355                      77.18                      77.18                        563                     48.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2008                                                                     27              6,066,137.88                       1.32                      9.338                       356                      81.52                      81.84                        559                     44.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2008                                                                     91             22,085,937.08                       4.79                      9.205                       357                      80.93                      81.15                        555                     42.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2008                                                                   528            117,518,818.50                      25.50                      8.825                       358                      78.33                      78.81                        554                     42.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2008                                                                   821            162,360,745.57                      35.23                      8.712                       359                      78.31                      78.82                        556                     41.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2008                                                                     7              1,498,870.00                       0.33                      9.239                       360                      79.01                      79.01                        567                     44.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2009                                                                      1                225,751.32                       0.05                      8.950                       355                      89.68                      89.68                        581                     47.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2009                                                                     32              6,381,575.46                       1.38                      9.105                       356                      81.74                      84.60                        552                     43.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2009                                                                    137             29,748,718.29                       6.46                      9.171                       357                      80.79                      81.51                        553                     43.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2009                                                                    57             12,640,258.65                       2.74                      9.014                       358                      75.25                      75.75                        551                     41.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2009                                                                   178             40,426,928.82                       8.77                      8.432                       359                      77.66                      78.35                        560                     40.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2009                                                                     3                433,550.00                       0.09                      9.068                       360                      85.13                      85.13                        568                     37.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AK                                                                            5             $1,259,765.87                      0.27%                     9.419%                       359                     84.27%                     86.29%                        548                    46.20%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL                                                                           35              3,763,951.36                       0.82                      9.548                       358                      84.74                      85.49                        559                     38.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR                                                                           11              1,328,709.96                       0.29                      9.353                       358                      83.59                      87.52                        554                     41.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                           78             14,792,158.58                       3.21                      8.503                       355                      75.53                      75.53                        556                     40.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                          311            100,157,823.94                      21.74                      8.401                       358                      75.35                      75.73                        559                     43.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO                                                                           22              4,160,812.85                       0.90                      9.157                       358                      85.33                      85.33                        552                     41.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT                                                                           29              6,254,819.33                       1.36                      8.728                       358                      80.81                      80.81                        553                     44.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC                                                                            5                998,770.54                       0.22                      8.486                       359                      61.14                      61.14                        558                     36.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE                                                                           11              1,917,190.42                       0.42                      9.089                       359                      80.54                      80.54                        547                     39.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                          310             57,655,101.19                      12.51                      8.844                       357                      76.36                      76.75                        551                     42.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA                                                                           61              9,599,282.80                       2.08                      9.381                       357                      83.36                      83.73                        555                     41.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                           11              3,051,543.02                       0.66                      8.720                       359                      76.22                      76.72                        563                     44.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA                                                                            5                500,185.00                       0.11                      9.552                       358                      88.17                      88.17                        561                     39.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID                                                                           12              2,034,081.46                       0.44                      8.889                       359                      81.45                      83.25                        553                     36.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                           97             18,103,331.55                       3.93                      8.893                       358                      80.26                      80.35                        555                     42.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN                                                                           30              2,925,183.03                       0.63                      9.740                       358                      85.41                      86.52                        555                     38.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS                                                                           12              1,121,938.73                       0.24                      9.951                       358                      85.60                      88.20                        550                     37.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY                                                                           15              1,513,246.45                       0.33                      9.405                       359                      80.38                      84.08                        561                     39.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
LA                                                                            6                592,291.01                       0.13                      9.743                       305                      77.25                      79.34                        552                     36.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                           71             17,594,563.92                       3.82                      8.765                       357                      75.46                      75.74                        563                     42.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD                                                                           90             21,980,718.73                       4.77                      8.895                       358                      77.70                      77.70                        548                     42.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME                                                                           18              3,091,096.10                       0.67                      9.460                       358                      81.54                      84.71                        545                     42.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                           49              5,720,737.63                       1.24                      9.115                       358                      81.71                      83.11                        553                     40.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN                                                                           29              4,425,110.27                       0.96                      9.140                       357                      81.20                      81.47                        554                     39.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO                                                                           26              3,075,779.43                       0.67                      9.609                       358                      85.76                      87.46                        561                     40.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MS                                                                           15              1,843,417.26                       0.40                      9.826                       349                      83.33                      83.92                        551                     39.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MT                                                                            3                403,600.12                       0.09                      9.176                       358                      75.22                      86.60                        536                     36.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC                                                                           17              2,450,503.91                       0.53                      9.589                       352                      85.44                      86.19                        568                     41.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ND                                                                            2                231,140.69                       0.05                      9.695                       359                      82.66                      82.66                        557                     44.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE                                                                            8                729,095.26                       0.16                      9.504                       359                      89.80                      90.94                        573                     39.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH                                                                            4              1,324,421.79                       0.29                      8.561                       358                      77.54                      79.31                        538                     40.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                          104             26,421,685.39                       5.73                      9.024                       358                      78.75                      78.99                        559                     41.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM                                                                           28              5,319,078.91                       1.15                      9.318                       358                      83.57                      83.78                        563                     40.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV                                                                           28              5,894,116.99                       1.28                      8.910                       358                      75.85                      77.40                        551                     37.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                          131             38,595,624.44                       8.38                      8.476                       358                      75.00                      75.78                        555                     42.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH                                                                           50              5,289,502.05                       1.15                      9.176                       358                      84.73                      86.71                        559                     39.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK                                                                            5                492,320.68                       0.11                     10.285                       359                      85.72                      86.88                        545                     47.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR                                                                           20              4,604,678.12                       1.00                      9.064                       358                      83.06                      83.06                        551                     37.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA                                                                           96             12,801,823.10                       2.78                      9.210                       359                      81.13                      81.73                        550                     38.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI                                                                           13              3,230,805.96                       0.70                      8.915                       359                      78.84                      78.84                        549                     42.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC                                                                           33              5,048,577.79                       1.10                      9.410                       358                      82.25                      83.56                        539                     40.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SD                                                                            1                115,359.27                       0.03                      8.800                       359                      95.00                      95.00                        584                     25.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN                                                                           26              3,491,785.05                       0.76                      9.546                       358                      83.27                      84.91                        552                     36.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                          180             22,770,366.78                       4.94                      9.365                       351                      79.25                      80.07                        556                     39.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT                                                                           19              3,665,098.38                       0.80                      9.016                       358                      78.82                      78.82                        556                     44.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA                                                                           46              9,801,730.95                       2.13                      8.612                       358                      76.62                      77.10                        549                     42.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA                                                                           48             11,803,482.92                       2.56                      8.673                       358                      82.77                      83.44                        554                     41.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI                                                                           44              6,439,527.45                       1.40                      9.087                       358                      83.30                      83.85                        555                     41.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV                                                                            4                360,540.69                       0.08                     10.690                       358                      80.09                      81.52                        553                     40.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WY                                                                            1                 66,767.99                       0.01                      9.625                       359                      80.00                      80.00                        510                     20.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 50


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                         102            $14,979,890.58                      3.25%                     9.697%                       357                     76.31%                     76.31%                        559                    37.53%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                         2,152            440,549,540.15                      95.60                      8.797                       357                      78.13                      78.69                        555                     41.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home                                                                  21              5,283,814.38                       1.15                      9.455                       358                      80.46                      80.88                        562                     44.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One Family                                                                1,806           $349,881,159.68                     75.93%                     8.853%                       357                     78.28%                     78.83%                        554                    41.51%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Detached                                                                181             42,292,936.12                       9.18                      8.804                       357                      80.78                      81.45                        554                     42.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                    127             35,326,973.21                       7.67                      8.705                       358                      74.01                      74.13                        560                     43.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                       102             21,378,028.08                       4.64                      8.732                       358                      76.19                      77.08                        561                     42.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Attached                                                                 58             11,708,989.73                       2.54                      8.923                       357                      78.70                      79.00                        555                     42.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Modular Home                                                                  1                225,158.29                       0.05                      9.175                       358                      85.00                      85.00                        518                     37.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                  1,707           $355,712,622.98                     77.19%                     8.739%                       357                     76.17%                     76.24%                        553                    41.69%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                    354             62,251,284.03                      13.51                      9.237                       358                      86.16                      89.30                        565                     41.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rate/Term                                                                   214             42,849,338.10                       9.30                      9.033                       358                      82.38                      83.05                        555                     42.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                        1,647           $312,834,543.65                     67.89%                     8.648%                       357                     78.88%                     79.38%                        552                    42.01%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation                                                        33              7,990,669.06                       1.73                      8.744                       359                      72.15                      72.33                        548                     41.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                        595            139,988,032.40                      30.38                      9.253                       358                      76.69                      77.33                        563                     41.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                           763           $150,717,750.32                     32.71%                     9.132%                       357                     79.04%                     79.48%                        556                    41.41%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                          128             37,571,009.46                       8.15                      8.725                       358                      76.62                      76.95                        556                     42.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                        1,046            212,831,087.79                      46.19                      8.679                       358                      78.17                      78.74                        554                     41.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                          338             59,693,397.54                      12.95                      8.700                       354                      76.41                      77.17                        557                     41.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 25


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                2,272           $460,692,509.98                     99.97%                     8.834%                       357                     78.09%                     78.63%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Lien                                                                   3                120,735.13                       0.03                      9.188                       356                     100.00                     100.00                        589                     44.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
less than or equal to 500                                                    21             $4,264,537.46                      0.93%                     9.125%                       358                     76.06%                     76.51%                        500                    41.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525                                                                   464             87,236,148.23                      18.93                      9.343                       357                      74.92                      75.41                        513                     42.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550                                                                   487             95,260,616.38                      20.67                      8.969                       357                      75.88                      76.67                        538                     42.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575                                                                   667            135,266,241.12                      29.35                      8.745                       358                      78.54                      79.02                        562                     41.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                   636            138,785,701.92                      30.12                      8.498                       357                      81.25                      81.70                        588                     42.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 599
Weighted Average: 555


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                 47             $7,548,835.69                      1.64%                     9.113%                       353                     76.14%                     76.38%                        549                    14.36%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99                                                                98             13,964,905.40                       3.03                      9.140                       355                      71.62                      71.75                        554                     22.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                               160             23,393,960.92                       5.08                      8.928                       356                      76.22                      76.41                        556                     27.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                               265             46,272,920.55                      10.04                      8.859                       356                      74.95                      75.31                        555                     32.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                               349             64,206,018.69                      13.93                      8.953                       357                      78.18                      78.82                        556                     37.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                               474            105,743,321.37                      22.95                      8.811                       358                      79.75                      80.18                        559                     42.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                               713            162,936,620.81                      35.36                      8.816                       358                      80.74                      81.52                        555                     47.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                               169             36,746,661.68                       7.97                      8.505                       358                      69.53                      69.76                        543                     53.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    2,275           $460,813,245.11                    100.00%                     8.834%                       357                     78.10%                     78.64%                        555                    41.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0.06
Maximum: 55.00
Weighted Average: 41.80


fico less than 550


Carrington Mortgage Loan Trust, Series 2006-NC5
FICO less than 550

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 939
Aggregate Principal Balance ($): 180,516,498
Weighted Average Current Mortgage Rate (%): 9.154
Weighted Average Margin (%): 6.397
Weighted Average Maximum Rate (%): 16.075
Weighted Average Months to Roll: 27
Weighted Average Stated Original Term (months): 359
Weighted Average Stated Remaining Term (months): 357
Weighted Average Combined Original LTV (%): 76.04
% First Liens: 100.00
% Owner Occupied: 96.76
% Purchase: 8.62
% Full Documentation: 77.59
Non-Zero Weighted Average FICO Score: 524


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15 Fixed                                                                      6               $686,136.20                      0.38%                     9.733%                       179                     68.44%                     68.44%                        525                    34.34%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20 Fixed                                                                      7                766,608.13                       0.42                      9.608                       238                      66.73                      66.73                        536                     38.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM                                                                     231             36,114,327.60                      20.01                      9.368                       359                      75.29                      76.37                        524                     40.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed                                                                     97             13,116,426.35                       7.27                      9.824                       358                      75.32                      76.23                        526                     39.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM                                                                      83             15,033,886.83                       8.33                      9.586                       358                      80.69                      81.35                        528                     40.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2/1 ARM                                                               363             82,820,095.19                      45.88                      8.972                       358                      75.43                      75.65                        524                     43.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3/1 ARM                                                                89             20,482,497.25                      11.35                      8.694                       358                      72.88                      74.38                        524                     43.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed                                                                  63             11,496,520.16                       6.37                      9.214                       358                      73.93                      74.74                        523                     42.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                 1               $267,865.06                      0.15%                     5.990%                       359                     80.00%                     80.00%                        546                    47.43%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                 4              1,345,875.34                       0.75                      6.225                       359                      71.06                      75.59                        538                     46.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                16              4,400,095.21                       2.44                      6.825                       359                      68.91                      69.52                        528                     41.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                20              5,512,896.61                       3.05                      7.333                       358                      62.18                      62.18                        533                     45.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                68             17,519,341.43                       9.71                      7.852                       357                      72.98                      73.52                        524                     43.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                                94             20,990,260.25                      11.63                      8.305                       359                      72.43                      73.39                        527                     44.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               163             32,726,198.34                      18.13                      8.816                       357                      76.18                      76.69                        524                     42.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               167             29,809,274.53                      16.51                      9.285                       358                      77.37                      77.89                        524                     41.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              189             33,469,276.44                      18.54                      9.766                       357                      76.77                      77.45                        523                     41.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                              93             15,348,079.58                       8.50                     10.280                       356                      78.53                      79.65                        521                     39.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              79             12,806,547.54                       7.09                     10.724                       355                      79.17                      79.76                        524                     39.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                              24              3,255,404.13                       1.80                     11.213                       354                      72.79                      72.98                        520                     43.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                              16              2,416,229.69                       1.34                     11.707                       359                      72.08                      72.08                        516                     37.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               4                546,325.30                       0.30                     12.345                       347                      76.28                      76.28                        514                     35.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                               1                102,828.26                       0.06                     12.625                       357                      55.00                      55.00                        502                     35.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.990%
Maximum: 12.625%
Weighted Average: 9.154%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.01 - 50,000.00                                                             10               $499,495.14                      0.28%                    10.084%                       334                     46.29%                     46.29%                        531                    36.03%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                      182             14,341,047.62                       7.94                      9.715                       354                      74.45                      76.30                        523                     37.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                     209             26,445,682.05                      14.65                      9.488                       355                      75.29                      76.28                        525                     40.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                     181             31,771,850.54                      17.60                      9.344                       358                      74.77                      75.00                        523                     40.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00                                                     128             28,805,608.88                      15.96                      8.966                       356                      73.61                      74.14                        525                     42.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00                                                      93             25,575,070.69                      14.17                      9.161                       358                      75.83                      76.11                        524                     43.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00                                                      45             14,751,936.80                       8.17                      9.105                       358                      76.77                      77.19                        524                     45.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00                                                      46             17,357,420.52                       9.62                      8.689                       358                      76.77                      77.54                        524                     43.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00                                                      24             10,267,547.59                       5.69                      8.758                       358                      79.56                      80.41                        527                     43.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00                                                      11              5,251,856.08                       2.91                      8.966                       359                      75.80                      75.80                        527                     46.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00                                                       7              3,659,748.71                       2.03                      8.139                       358                      74.17                      76.26                        523                     47.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00                                                       2              1,142,975.10                       0.63                      8.790                       358                      82.64                      82.64                        535                     36.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00                                                       1                646,257.99                       0.36                      8.825                       358                      69.90                      69.90                        531                     48.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $49,761.47
Maximum: $646,257.99
Weighted Average: $192,243.34


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     6               $686,136.20                      0.38%                     9.733%                       179                     68.44%                     68.44%                        525                    34.34%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240                                                                     7                766,608.13                       0.42                      9.608                       238                      66.73                      66.73                        536                     38.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   926            179,063,753.38                      99.20                      9.150                       358                      75.45                      76.11                        524                     42.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 180
Maximum: 360
Weighted Average: 359


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     6               $686,136.20                      0.38%                     9.733%                       179                     68.44%                     68.44%                        525                    34.34%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240                                                                     7                766,608.13                       0.42                      9.608                       238                      66.73                      66.73                        536                     38.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   926            179,063,753.38                      99.20                      9.150                       358                      75.45                      76.11                        524                     42.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 178
Maximum: 360
Weighted Average: 357


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.01 - 10.00                                                                  1                $49,990.87                      0.03%                     9.525%                       359                      7.87%                      7.87%                        502                    48.02%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.01 - 20.00                                                                 3                155,969.90                       0.09                      9.524                       359                      18.78                      18.78                        544                     30.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.01 - 25.00                                                                 1                 85,900.66                       0.05                      8.750                       358                      22.63                      22.63                        509                     40.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00                                                                 1                 54,949.80                       0.03                      9.875                       358                      25.70                      25.70                        524                     30.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00                                                                 4                373,749.58                       0.21                     10.290                       358                      32.18                      32.18                        534                     37.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00                                                                 8              1,086,149.78                       0.60                      8.598                       359                      37.92                      37.92                        518                     40.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00                                                                13              2,071,602.88                       1.15                      8.422                       350                      43.04                      43.04                        526                     40.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00                                                                17              2,843,593.18                       1.58                      8.570                       356                      47.64                      47.64                        523                     43.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00                                                                22              3,837,067.18                       2.13                      8.550                       355                      52.83                      52.83                        524                     42.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00                                                                47              9,276,018.61                       5.14                      8.323                       354                      58.12                      58.12                        524                     41.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00                                                                65             12,750,799.47                       7.06                      8.933                       355                      63.52                      63.52                        523                     41.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00                                                                93             18,732,027.97                      10.38                      9.353                       358                      69.17                      69.17                        522                     42.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00                                                               143             28,174,054.67                      15.61                      9.242                       358                      74.01                      74.01                        525                     43.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00                                                               197             37,941,496.23                      21.02                      9.131                       357                      79.30                      79.36                        522                     41.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00                                                               209             41,027,769.56                      22.73                      9.312                       357                      84.14                      84.50                        524                     42.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00                                                                71             15,717,168.24                       8.71                      9.309                       358                      89.07                      89.61                        531                     42.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                                15              1,850,612.35                       1.03                     10.186                       358                      86.60                      94.76                        520                     41.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                               29              4,487,576.78                       2.49                      9.128                       358                      82.48                      99.91                        526                     43.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 7.87%
Maximum: 100.00%
Weighted Average: 76.04%


8. Current Gross Margin (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  173            $26,065,690.84                     14.44%                     9.546%                       350                     74.28%                     75.09%                        525                    40.81%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500                                                                 2                406,016.58                       0.22                      9.622                       359                      83.02                      83.02                        534                     43.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                99             18,683,930.98                      10.35                      9.070                       358                      75.50                      76.66                        526                     42.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                               443             89,475,415.78                      49.57                      8.894                       358                      77.14                      77.90                        524                     41.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               116             24,767,977.52                      13.72                      9.385                       358                      73.93                      74.24                        523                     43.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               100             20,401,270.44                      11.30                      9.575                       358                      70.53                      70.53                        524                     42.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                 5                580,853.76                       0.32                      9.297                       358                      80.20                      80.20                        519                     41.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                 1                135,341.81                       0.07                      8.750                       355                      69.13                      69.13                        511                     54.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.500%
Maximum: 8.850%
Non-Zero Weighted Average: 6.397%


9. Minimum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  173            $26,065,690.84                     14.44%                     9.546%                       350                     74.28%                     75.09%                        525                    40.81%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                 5              1,613,740.40                       0.89                      6.186                       359                      72.54                      76.32                        539                     46.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                12              3,110,147.61                       1.72                      6.840                       359                      71.90                      72.76                        525                     40.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                19              5,378,887.20                       2.98                      7.297                       358                      63.75                      63.75                        534                     45.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                63             16,400,300.72                       9.09                      7.858                       358                      72.88                      73.46                        524                     44.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                                86             19,416,246.80                      10.76                      8.306                       359                      72.61                      73.08                        528                     44.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               139             28,935,167.08                      16.03                      8.819                       358                      76.93                      77.45                        524                     43.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               144             26,521,594.57                      14.69                      9.288                       358                      77.83                      78.33                        524                     41.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              146             27,290,537.20                      15.12                      9.764                       358                      76.88                      77.65                        523                     41.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                              69             11,754,475.23                       6.51                     10.281                       358                      77.69                      79.00                        519                     40.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              52              9,561,741.68                       5.30                     10.726                       358                      79.53                      80.03                        524                     38.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                              16              2,153,838.25                       1.19                     11.171                       358                      72.62                      72.91                        518                     41.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                              11              1,714,927.70                       0.95                     11.693                       359                      70.40                      70.40                        516                     37.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               3                496,374.17                       0.27                     12.355                       358                      78.98                      78.98                        515                     35.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                               1                102,828.26                       0.06                     12.625                       357                      55.00                      55.00                        502                     35.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 6.050%
Maximum: 12.625%
Non-Zero Weighted Average: 9.090%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  173            $26,065,690.84                     14.44%                     9.546%                       350                     74.28%                     75.09%                        525                    40.81%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                               1                267,865.06                       0.15                      5.990                       359                      80.00                      80.00                        546                     47.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500                                                               4              1,345,875.34                       0.75                      6.225                       359                      71.06                      75.59                        538                     46.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000                                                              14              3,684,577.41                       2.04                      6.896                       359                      71.23                      71.97                        526                     40.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500                                                              18              4,999,194.30                       2.77                      7.335                       358                      63.48                      63.48                        533                     45.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000                                                              62             16,205,563.82                       8.98                      7.856                       358                      72.93                      73.52                        524                     44.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500                                                              90             20,100,996.68                      11.14                      8.341                       359                      73.04                      73.49                        528                     44.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000                                                             141             29,168,678.38                      16.16                      8.826                       358                      76.97                      77.55                        524                     43.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500                                                             141             26,020,618.61                      14.41                      9.295                       358                      77.65                      78.27                        524                     41.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000                                                             146             27,740,454.34                      15.37                      9.792                       358                      76.96                      77.65                        523                     41.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500                                                              68             11,570,701.31                       6.41                     10.279                       358                      77.65                      78.74                        519                     40.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000                                                              50              8,878,313.24                       4.92                     10.714                       358                      79.34                      79.88                        522                     37.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500                                                              16              2,153,838.25                       1.19                     11.171                       358                      72.62                      72.91                        518                     41.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000                                                              11              1,714,927.70                       0.95                     11.693                       359                      70.40                      70.40                        516                     37.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
19.001 - 19.500                                                               3                496,374.17                       0.27                     12.355                       358                      78.98                      78.98                        515                     35.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
19.501 - 20.000                                                               1                102,828.26                       0.06                     12.625                       357                      55.00                      55.00                        502                     35.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 12.990%
Maximum: 19.625%
Non-Zero Weighted Average: 16.075%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  173            $26,065,690.84                     14.44%                     9.546%                       350                     74.28%                     75.09%                        525                    40.81%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                            10              1,980,200.44                       1.10                      9.883                       358                      81.64                      84.01                        530                     41.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                           1                 89,093.76                       0.05                      9.875                       355                      52.53                      52.53                        518                     54.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2                                                                           755            152,381,512.67                      84.41                      9.077                       358                      75.51                      76.12                        524                     42.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 2.000%
Non-Zero Weighted Average: 1.987%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  173            $26,065,690.84                     14.44%                     9.546%                       350                     74.28%                     75.09%                        525                    40.81%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                            11              2,058,108.49                       1.14                      9.837                       358                      80.52                      83.82                        529                     41.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                         755            152,392,698.38                      84.42                      9.077                       358                      75.51                      76.10                        524                     42.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 1.500%
Non-Zero Weighted Average: 1.493%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  173            $26,065,690.84                     14.44%                     9.546%                       350                     74.28%                     75.09%                        525                    40.81%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6/1/2008                                                                      1                110,904.76                       0.06                     10.400                       354                      67.27                      67.27                        508                     26.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2008                                                                      2                224,435.57                       0.12                      9.197                       355                      62.54                      62.54                        514                     54.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2008                                                                     10              1,789,274.77                       0.99                      9.670                       356                      76.58                      77.65                        517                     45.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2008                                                                     36              7,621,272.87                       4.22                      9.376                       357                      77.41                      77.60                        519                     42.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2008                                                                   222             48,056,843.47                      26.62                      9.095                       358                      75.46                      75.99                        524                     42.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2008                                                                   320             60,677,971.35                      33.61                      9.028                       359                      75.13                      75.60                        524                     42.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2008                                                                     3                453,720.00                       0.25                     10.053                       360                      71.14                      71.14                        515                     41.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2009                                                                     12              2,414,029.86                       1.34                      9.261                       356                      77.22                      81.68                        522                     47.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2009                                                                     66             12,181,305.94                       6.75                      9.443                       357                      79.04                      79.93                        525                     43.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2009                                                                    27              5,997,148.97                       3.32                      9.067                       358                      72.13                      72.13                        523                     42.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2009                                                                    67             14,923,899.31                       8.27                      8.739                       359                      75.32                      76.59                        529                     41.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AK                                                                            3               $824,554.24                      0.46%                     9.355%                       359                     81.01%                     81.01%                        534                    46.92%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL                                                                           13              1,179,416.30                       0.65                     10.033                       358                      82.73                      84.28                        526                     36.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR                                                                            6                709,604.56                       0.39                      9.752                       358                      82.09                      83.05                        523                     42.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                           29              4,698,557.12                       2.60                      8.915                       351                      73.69                      73.69                        523                     39.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                          116             34,451,180.81                      19.08                      8.680                       358                      72.70                      73.12                        525                     44.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO                                                                           10              1,794,730.33                       0.99                      9.156                       358                      84.60                      84.60                        527                     43.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT                                                                           11              2,167,546.55                       1.20                      9.728                       358                      78.95                      78.95                        516                     45.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC                                                                            2                571,822.84                       0.32                      7.856                       359                      55.33                      55.33                        544                     31.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE                                                                            6              1,001,535.77                       0.55                      9.262                       358                      75.67                      75.67                        525                     40.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                          146             25,591,951.56                      14.18                      9.133                       358                      73.21                      73.68                        524                     43.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA                                                                           24              3,633,199.69                       2.01                      9.745                       355                      77.19                      77.75                        526                     44.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                            4              1,036,559.67                       0.57                      9.293                       359                      62.38                      62.38                        534                     47.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA                                                                            1                133,254.61                       0.07                      9.575                       357                      85.00                      85.00                        534                     38.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID                                                                            5                888,778.99                       0.49                      9.093                       359                      79.20                      81.03                        529                     40.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                           39              7,478,419.50                       4.14                      9.052                       358                      78.84                      78.84                        525                     43.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN                                                                           13              1,201,405.55                       0.67                     10.251                       358                      80.43                      82.82                        522                     38.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS                                                                            4                305,780.96                       0.17                     10.067                       357                      81.17                      87.49                        517                     31.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY                                                                            6                482,202.37                       0.27                      9.743                       358                      78.19                      78.19                        522                     37.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
LA                                                                            3                321,875.35                       0.18                      9.841                       291                      77.75                      77.75                        534                     38.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                           25              5,211,875.51                       2.89                      9.085                       353                      73.90                      73.90                        530                     40.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD                                                                           46             11,315,769.74                       6.27                      9.338                       358                      76.27                      76.27                        523                     42.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME                                                                           10              1,980,200.44                       1.10                      9.883                       358                      81.64                      84.01                        530                     41.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                           18              1,689,523.70                       0.94                      9.475                       358                      73.88                      76.96                        517                     39.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN                                                                           13              1,736,393.52                       0.96                      9.587                       355                      77.06                      77.06                        527                     40.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO                                                                           10              1,243,881.18                       0.69                     10.111                       359                      84.06                      86.14                        532                     41.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MS                                                                            7                867,759.81                       0.48                      9.711                       338                      78.45                      79.24                        524                     37.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MT                                                                            2                289,700.13                       0.16                      9.678                       358                      71.37                      87.23                        517                     36.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC                                                                            4                501,663.30                       0.28                      9.516                       329                      74.97                      78.66                        524                     45.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ND                                                                            1                123,188.73                       0.07                      9.450                       359                      85.00                      85.00                        541                     44.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH                                                                            3                724,628.87                       0.40                      9.562                       357                      73.78                      73.78                        521                     48.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                           34              8,476,001.31                       4.70                      9.369                       358                      78.35                      79.08                        525                     40.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM                                                                            8              1,285,138.72                       0.71                      9.481                       359                      81.76                      82.62                        522                     36.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV                                                                           12              2,658,831.46                       1.47                      9.413                       358                      73.92                      76.26                        515                     40.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                           60             15,613,484.18                       8.65                      8.564                       358                      70.85                      72.33                        521                     42.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH                                                                           14              1,489,322.46                       0.83                      9.352                       358                      80.51                      80.51                        522                     40.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK                                                                            3                253,918.37                       0.14                     10.192                       359                      81.69                      83.95                        530                     46.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR                                                                            7              1,609,413.87                       0.89                      9.658                       358                      81.01                      81.01                        524                     43.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA                                                                           42              5,752,414.48                       3.19                      9.550                       358                      79.72                      80.42                        522                     37.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI                                                                            7              1,753,069.43                       0.97                      9.124                       359                      78.39                      78.39                        529                     44.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC                                                                           17              3,104,118.89                       1.72                      9.759                       359                      79.69                      81.08                        520                     41.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN                                                                            9              1,307,382.50                       0.72                     10.094                       358                      81.76                      84.31                        525                     37.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                           74              9,096,429.82                       5.04                      9.797                       349                      75.94                      77.18                        526                     39.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT                                                                           11              1,971,282.38                       1.09                      9.170                       358                      78.02                      78.02                        531                     42.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA                                                                           26              4,953,327.33                       2.74                      9.130                       358                      75.28                      75.60                        518                     43.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA                                                                           18              4,466,158.12                       2.47                      8.848                       358                      78.75                      78.75                        524                     43.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI                                                                           15              2,378,771.04                       1.32                      9.257                       358                      79.83                      79.83                        519                     43.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV                                                                            1                123,703.66                       0.07                     10.775                       359                      75.00                      75.00                        542                     43.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WY                                                                            1                 66,767.99                       0.04                      9.625                       359                      80.00                      80.00                        510                     20.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 48


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                          25             $4,478,869.12                      2.48%                     9.998%                       356                     72.79%                     72.79%                        525                    35.90%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                           909            174,674,279.26                      96.76                      9.127                       357                      75.45                      76.13                        524                     42.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home                                                                   5              1,363,349.33                       0.76                      9.799                       358                      75.32                      75.32                        520                     47.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One Family                                                                  766           $142,357,526.03                     78.86%                     9.170%                       357                     75.67%                     76.41%                        525                    41.78%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Detached                                                                 76             16,941,350.58                       9.38                      9.138                       358                      77.35                      77.98                        523                     43.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                     38              9,943,460.34                       5.51                      8.750                       358                      68.94                      69.23                        523                     44.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                        34              6,646,991.94                       3.68                      9.276                       358                      72.93                      72.93                        523                     44.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Attached                                                                 24              4,402,010.53                       2.44                      9.421                       358                      76.22                      76.22                        519                     44.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Modular Home                                                                  1                225,158.29                       0.12                      9.175                       358                      85.00                      85.00                        518                     37.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                    752           $149,435,213.09                     82.78%                     9.083%                       357                     74.13%                     74.23%                        524                    42.19%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                    104             15,558,701.48                       8.62                      9.500                       358                      82.42                      87.98                        528                     40.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rate/Term                                                                    83             15,522,583.14                       8.60                      9.487                       358                      80.40                      81.54                        522                     44.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                          753           $140,070,927.01                     77.59%                     9.000%                       357                     76.21%                     76.81%                        524                    42.80%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation                                                        17              3,743,115.46                       2.07                      9.092                       358                      73.99                      73.99                        525                     39.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                        169             36,702,455.24                      20.33                      9.746                       357                      72.39                      73.34                        526                     40.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                           307            $58,452,804.92                     32.38%                     9.395%                       356                     76.60%                     77.28%                        525                    41.29%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                           55             14,856,557.31                       8.23                      8.877                       357                      72.78                      73.46                        523                     43.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                          433             84,368,589.14                      46.74                      9.028                       358                      75.17                      75.72                        524                     42.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                          144             22,838,546.34                      12.65                      9.179                       354                      74.78                      75.76                        525                     42.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 25


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                  939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
less than or equal to 500                                                    21             $4,264,537.46                      2.36%                     9.125%                       358                     76.06%                     76.51%                        500                    41.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525                                                                   464             87,236,148.23                      48.33                      9.343                       357                      74.92                      75.41                        513                     42.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550                                                                   454             89,015,812.02                      49.31                      8.969                       357                      75.81                      76.64                        537                     42.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 549
Weighted Average: 524


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                 23             $3,341,083.13                      1.85%                    10.055%                       353                     75.19%                     75.73%                        525                    13.34%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99                                                                40              5,888,004.80                       3.26                      9.259                       359                      69.70                      69.93                        529                     22.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                                59              7,718,364.67                       4.28                      9.296                       355                      69.58                      69.75                        523                     27.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                               110             18,312,444.26                      10.14                      9.325                       356                      75.10                      75.31                        524                     32.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                               134             23,444,059.94                      12.99                      9.337                       355                      77.00                      78.14                        524                     37.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                               174             35,177,378.99                      19.49                      9.159                       357                      76.12                      76.55                        525                     42.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                               290             64,252,809.78                      35.59                      9.101                       358                      78.35                      79.29                        524                     47.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                               109             22,382,352.14                      12.40                      8.754                       357                      67.79                      68.17                        525                     53.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      939           $180,516,497.71                    100.00%                     9.154%                       357                     75.39%                     76.04%                        524                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0.06
Maximum: 55.00
Weighted Average: 42.25


dti greater than 50


Carrington Mortgage Loan Trust, Series 2006-NC5
DTI greater than 50

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 258
Aggregate Principal Balance ($): 59,653,230
Weighted Average Current Mortgage Rate (%): 8.084
Weighted Average Margin (%): 6.375
Weighted Average Maximum Rate (%): 15.119
Weighted Average Months to Roll: 27
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 358
Weighted Average Combined Original LTV (%): 72.55
% First Liens: 99.68
% Owner Occupied: 95.70
% Purchase: 9.19
% Full Documentation: 76.01
Non-Zero Weighted Average FICO Score: 582


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20 Fixed                                                                      1               $119,463.65                      0.20%                    11.100%                       239                     65.00%                     65.00%                        545                    50.30%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM                                                                      48              8,778,537.78                      14.72                      8.169                       359                      72.94                      75.20                        577                     52.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM 5Y-IO                                                                10              2,218,086.99                       3.72                      6.971                       358                      80.96                      90.04                        645                     52.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed                                                                     24              4,193,780.02                       7.03                      8.282                       358                      72.89                      72.89                        617                     51.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM                                                                      10              2,092,052.85                       3.51                      8.757                       358                      73.90                      73.90                        574                     52.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM 5Y-IO                                                                 6              1,534,899.96                       2.57                      7.488                       358                      87.45                      94.49                        615                     51.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2/1 ARM                                                                96             25,082,084.44                      42.05                      8.177                       358                      71.02                      71.78                        571                     53.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3/1 ARM                                                                28              6,531,187.32                      10.95                      8.195                       358                      66.76                      67.47                        552                     53.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed                                                                  35              9,103,136.94                      15.26                      7.755                       358                      66.53                      67.45                        605                     52.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                 6             $1,730,750.37                      2.90%                     5.913%                       358                     66.41%                     66.41%                        627                    54.28%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                11              3,156,072.77                       5.29                      6.427                       358                      69.11                      73.49                        684                     52.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                21              6,366,659.55                      10.67                      6.801                       358                      68.90                      71.22                        613                     52.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                35             10,530,693.27                      17.65                      7.278                       358                      67.10                      68.68                        603                     53.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                45             10,468,086.05                      17.55                      7.792                       358                      71.37                      73.91                        585                     52.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                                38              8,074,791.76                      13.54                      8.291                       358                      72.47                      73.84                        572                     53.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                33              6,647,975.47                      11.14                      8.837                       358                      74.51                      74.51                        549                     53.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                                21              3,908,699.20                       6.55                      9.242                       358                      73.25                      73.25                        537                     52.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                               29              5,321,892.85                       8.92                      9.750                       358                      75.19                      75.19                        550                     52.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                               8              1,491,609.72                       2.50                     10.299                       357                      76.10                      76.10                        522                     52.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                               8              1,474,634.75                       2.47                     10.742                       358                      73.78                      73.78                        538                     52.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                               3                481,364.19                       0.81                     11.057                       329                      62.97                      62.97                        520                     52.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.650%
Maximum: 11.100%
Weighted Average: 8.084%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.01 - 50,000.00                                                              6               $238,500.35                      0.40%                     9.776%                       359                     86.03%                     86.03%                        605                    52.29%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                       24              2,053,121.82                       3.44                      8.787                       358                      63.83                      64.77                        561                     52.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                      52              6,686,737.39                      11.21                      8.498                       356                      69.01                      70.89                        564                     52.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                      40              7,045,136.10                      11.81                      8.534                       358                      72.78                      74.08                        561                     52.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00                                                      38              8,531,002.27                      14.30                      8.172                       358                      69.43                      69.93                        569                     53.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00                                                      39             10,791,820.74                      18.09                      8.013                       358                      69.96                      70.98                        582                     52.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00                                                      17              5,582,317.34                       9.36                      8.107                       358                      74.07                      76.33                        578                     52.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00                                                      20              7,531,188.53                      12.62                      8.083                       358                      74.15                      75.19                        589                     53.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00                                                      12              5,241,955.74                       8.79                      7.371                       358                      71.54                      76.02                        621                     52.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00                                                       5              2,391,191.34                       4.01                      7.503                       358                      69.97                      69.97                        572                     52.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00                                                       2              1,078,636.06                       1.81                      8.150                       359                      80.76                      80.76                        606                     53.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00                                                       1                560,154.60                       0.94                      6.500                       359                      60.00                      60.00                        747                     50.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00                                                       1                673,297.32                       1.13                      6.900                       357                      71.05                      71.05                        665                     51.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to                                         1              1,248,170.35                       2.09                      7.175                       356                      71.43                      71.43                        629                     54.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $32,236.18
Maximum: $1,248,170.35
Weighted Average: $231,214.07


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240                                                                     1               $119,463.65                      0.20%                    11.100%                       239                     65.00%                     65.00%                        545                    50.30%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   257             59,533,766.30                      99.80                      8.078                       358                      71.17                      72.57                        583                     52.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 240
Maximum: 360
Weighted Average: 360


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240                                                                     1               $119,463.65                      0.20%                    11.100%                       239                     65.00%                     65.00%                        545                    50.30%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   257             59,533,766.30                      99.80                      8.078                       358                      71.17                      72.57                        583                     52.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 239
Maximum: 360
Weighted Average: 358


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00                                                                 1                $62,780.24                      0.11%                     7.675%                       359                     26.17%                     26.17%                        626                    50.67%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00                                                                 3                290,361.08                       0.49                      8.985                       358                      33.62                      33.62                        581                     52.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00                                                                 5                728,581.59                       1.22                      7.427                       359                      36.66                      36.66                        606                     54.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00                                                                 3                724,661.35                       1.21                      7.389                       359                      42.25                      42.25                        552                     54.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00                                                                14              2,614,307.46                       4.38                      7.857                       358                      47.97                      47.97                        560                     52.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00                                                                13              2,758,241.22                       4.62                      7.801                       358                      52.78                      52.78                        576                     53.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00                                                                15              3,804,201.00                       6.38                      7.466                       358                      58.38                      58.38                        589                     53.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00                                                                23              5,254,011.69                       8.81                      7.631                       355                      63.25                      63.25                        575                     52.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00                                                                40              9,674,918.04                      16.22                      8.190                       358                      68.78                      68.78                        572                     53.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00                                                                64             16,476,392.36                      27.62                      8.441                       358                      73.85                      73.85                        577                     53.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00                                                                10              2,263,901.76                       3.80                      8.137                       358                      79.07                      79.07                        578                     52.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00                                                                17              4,056,991.95                       6.80                      8.602                       358                      81.88                      83.47                        556                     51.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00                                                                20              4,870,128.38                       8.16                      8.291                       358                      89.73                      89.73                        599                     52.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                                 8              1,959,324.97                       3.28                      7.967                       359                      94.92                      94.92                        625                     52.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                               22              4,114,426.86                       6.90                      7.347                       358                      81.30                      99.86                        641                     53.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 26.17%
Maximum: 100.00%
Weighted Average: 72.55%


8. Current Gross Margin (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   60            $13,416,380.61                     22.49%                     7.949%                       357                     68.50%                     69.13%                        608                    52.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                36              8,231,175.52                      13.80                      7.567                       358                      72.19                      76.55                        599                     53.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                               109             25,329,648.52                      42.46                      7.867                       358                      72.96                      74.48                        581                     52.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                29              7,077,621.17                      11.86                      8.646                       358                      68.48                      68.48                        556                     53.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                21              4,855,746.26                       8.14                      9.422                       358                      70.92                      70.92                        532                     53.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                 2                607,316.06                       1.02                      9.737                       358                      74.82                      74.82                        569                     52.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                 1                135,341.81                       0.23                      8.750                       355                      69.13                      69.13                        511                     54.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.750%
Maximum: 8.850%
Non-Zero Weighted Average: 6.375%


9. Minimum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   60            $13,416,380.61                     22.49%                     7.949%                       357                     68.50%                     69.13%                        608                    52.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                 2                560,233.69                       0.94                      5.790                       357                      64.59                      64.59                        655                     54.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                11              2,880,854.74                       4.83                      6.205                       358                      70.79                      75.59                        622                     53.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                16              4,402,177.22                       7.38                      6.816                       358                      72.39                      75.74                        615                     53.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                25              7,443,835.43                      12.48                      7.295                       358                      65.36                      67.59                        595                     53.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                39              8,994,025.91                      15.08                      7.796                       359                      72.60                      75.56                        580                     52.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                                31              6,591,049.47                      11.05                      8.296                       358                      73.67                      74.07                        568                     53.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                26              5,620,582.68                       9.42                      8.856                       358                      74.10                      74.10                        547                     53.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                                15              2,964,553.09                       4.97                      9.234                       358                      73.88                      73.88                        532                     53.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                               21              4,182,142.14                       7.01                      9.758                       358                      75.32                      75.32                        554                     52.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                               6              1,263,958.20                       2.12                     10.334                       357                      74.11                      74.11                        518                     53.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                               5              1,068,467.11                       1.79                     10.708                       358                      74.87                      74.87                        544                     52.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                               1                264,969.66                       0.44                     11.050                       359                      67.95                      67.95                        508                     53.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.950%
Maximum: 11.050%
Non-Zero Weighted Average: 8.132%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   60            $13,416,380.61                     22.49%                     7.949%                       357                     68.50%                     69.13%                        608                    52.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                               6              1,730,750.37                       2.90                      5.913                       358                      66.41                      66.41                        627                     54.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500                                                               8              1,816,757.82                       3.05                      6.427                       358                      73.30                      80.92                        628                     52.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000                                                              17              4,487,059.24                       7.52                      6.836                       358                      72.42                      75.71                        615                     53.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500                                                              24              7,337,415.67                      12.30                      7.293                       358                      65.22                      67.48                        594                     53.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000                                                              38              8,909,143.89                      14.93                      7.795                       359                      72.59                      75.57                        579                     52.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500                                                              31              6,591,049.47                      11.05                      8.296                       358                      73.67                      74.07                        568                     53.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000                                                              26              5,620,582.68                       9.42                      8.856                       358                      74.10                      74.10                        547                     53.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500                                                              15              2,964,553.09                       4.97                      9.234                       358                      73.88                      73.88                        532                     53.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000                                                              21              4,182,142.14                       7.01                      9.758                       358                      75.32                      75.32                        554                     52.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500                                                               6              1,263,958.20                       2.12                     10.334                       357                      74.11                      74.11                        518                     53.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000                                                               5              1,068,467.11                       1.79                     10.708                       358                      74.87                      74.87                        544                     52.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500                                                               1                264,969.66                       0.44                     11.050                       359                      67.95                      67.95                        508                     53.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 12.650%
Maximum: 18.050%
Non-Zero Weighted Average: 15.119%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   60            $13,416,380.61                     22.49%                     7.949%                       357                     68.50%                     69.13%                        608                    52.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                             2                191,301.78                       0.32                      7.614                       359                      74.52                      74.52                        627                     54.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                           1                 89,093.76                       0.15                      9.875                       355                      52.53                      52.53                        518                     54.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2                                                                           195             45,956,453.80                      77.04                      8.122                       358                      71.96                      73.58                        575                     53.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 2.000%
Non-Zero Weighted Average: 1.995%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   60            $13,416,380.61                     22.49%                     7.949%                       357                     68.50%                     69.13%                        608                    52.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                             2                191,301.78                       0.32                      7.614                       359                      74.52                      74.52                        627                     54.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                         196             46,045,547.56                      77.19                      8.126                       358                      71.92                      73.54                        575                     53.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 1.500%
Non-Zero Weighted Average: 1.498%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   60            $13,416,380.61                     22.49%                     7.949%                       357                     68.50%                     69.13%                        608                    52.42%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2008                                                                      2                224,435.57                       0.38                      9.197                       355                      62.54                      62.54                        514                     54.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2008                                                                      6              3,153,854.87                       5.29                      8.178                       356                      75.37                      78.09                        604                     54.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2008                                                                      9              2,519,086.26                       4.22                      7.308                       357                      67.39                      67.39                        599                     53.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2008                                                                    64             14,685,311.79                      24.62                      8.231                       358                      71.11                      73.22                        576                     52.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2008                                                                    72             15,298,620.72                      25.65                      8.055                       359                      73.32                      74.59                        572                     53.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2008                                                                     1                197,400.00                       0.33                      9.600                       360                      69.51                      69.51                        502                     54.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2009                                                                      6              1,323,095.35                       2.22                      9.051                       356                      75.00                      75.00                        546                     53.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2009                                                                     10              2,482,546.08                       4.16                      8.432                       357                      72.80                      72.80                        555                     52.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2009                                                                    11              2,808,199.70                       4.71                      8.572                       358                      71.07                      71.07                        561                     52.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2009                                                                    17              3,544,299.00                       5.94                      7.437                       359                      69.22                      73.56                        586                     53.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL                                                                            1               $103,451.90                      0.17%                     8.800%                       358                     90.00%                     90.00%                        565                    51.23%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR                                                                            1                104,886.07                       0.18                      9.050                       358                      75.00                      75.00                        533                     51.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                            3                450,925.29                       0.76                      8.508                       358                      66.32                      66.32                        542                     52.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                           55             17,499,090.56                      29.33                      7.705                       358                      67.78                      69.30                        580                     53.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO                                                                            5                723,326.31                       1.21                      7.906                       359                      87.45                      91.24                        595                     52.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT                                                                            1                438,125.63                       0.73                      7.275                       356                      65.00                      65.00                        584                     54.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC                                                                            1                164,969.41                       0.28                      9.475                       359                      49.40                      49.40                        538                     53.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE                                                                            2                367,396.76                       0.62                      8.895                       358                      87.13                      87.13                        606                     52.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                           41              7,427,228.01                      12.45                      8.686                       358                      71.40                      72.32                        553                     53.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA                                                                            6                912,784.74                       1.53                      9.101                       358                      72.77                      75.58                        547                     53.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                           11              3,230,314.91                       5.42                      7.557                       358                      67.37                      70.90                        664                     52.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                           11              2,326,532.19                       3.90                      7.807                       358                      78.12                      82.16                        600                     52.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN                                                                            1                157,404.59                       0.26                      8.500                       359                      90.00                      90.00                        591                     53.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                            7              1,547,679.38                       2.59                      8.070                       358                      70.28                      70.28                        565                     52.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD                                                                            8              2,041,236.51                       3.42                      8.939                       358                      75.52                      75.52                        549                     52.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME                                                                            2                191,301.78                       0.32                      7.614                       359                      74.52                      74.52                        627                     54.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                            5                899,955.81                       1.51                      8.807                       359                      78.55                      78.55                        554                     53.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN                                                                            4                622,715.30                       1.04                      7.615                       359                      77.81                      86.54                        616                     53.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO                                                                            1                 59,971.70                       0.10                      9.700                       359                      75.00                      75.00                        534                     54.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MS                                                                            1                144,425.68                       0.24                      9.288                       359                      64.51                      64.51                        506                     51.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC                                                                            1                119,463.65                       0.20                     11.100                       239                      65.00                      65.00                        545                     50.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH                                                                            1                299,827.26                       0.50                     10.350                       356                      75.00                      75.00                        543                     54.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                           17              4,384,536.21                       7.35                      8.043                       358                      68.56                      68.56                        601                     53.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                           19              6,679,497.69                      11.20                      7.746                       358                      69.74                      70.02                        585                     53.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH                                                                            4                616,908.92                       1.03                      8.187                       358                      87.66                      87.66                        584                     53.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR                                                                            3                655,834.26                       1.10                      7.581                       359                      73.09                      73.09                        563                     53.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA                                                                            6              1,020,275.79                       1.71                      8.117                       358                      80.47                      88.15                        583                     52.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC                                                                            1                149,935.66                       0.25                      6.575                       359                      68.21                      68.21                        687                     53.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN                                                                            4                361,959.65                       0.61                      9.587                       359                      74.04                      74.04                        547                     51.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                           17              2,680,877.62                       4.49                      8.206                       358                      74.30                      77.31                        612                     52.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT                                                                            2                392,746.13                       0.66                      9.194                       358                      81.73                      81.73                        548                     53.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA                                                                           11              1,799,202.31                       3.02                      8.777                       358                      72.81                      72.81                        566                     52.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA                                                                            5              1,078,442.27                       1.81                      8.239                       358                      73.81                      73.81                        584                     51.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 33


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                           8             $1,580,571.53                      2.65%                     9.287%                       359                     74.73%                     74.73%                        606                    52.72%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                           244             57,087,197.74                      95.70                      8.042                       358                      71.02                      72.47                        582                     53.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home                                                                   6                985,460.68                       1.65                      8.581                       357                      73.54                      73.54                        600                     52.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One Family                                                                  178            $40,451,901.67                     67.81%                     8.102%                       358                     71.45%                     72.62%                        576                    53.08%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                     21              7,850,402.58                      13.16                      7.644                       358                      66.20                      67.01                        609                     52.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Detached                                                                 31              5,808,660.10                       9.74                      8.260                       358                      76.01                      80.07                        581                     52.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                        16              3,220,028.73                       5.40                      8.164                       358                      67.42                      67.42                        613                     52.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Attached                                                                 12              2,322,236.87                       3.89                      8.716                       358                      76.10                      78.41                        564                     53.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                    192            $45,628,057.73                     76.49%                     8.101%                       358                     69.06%                     69.20%                        578                    52.91%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rate/Term                                                                    36              8,541,380.11                      14.32                      8.003                       358                      77.55                      81.28                        590                     53.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                     30              5,483,792.11                       9.19                      8.070                       358                      78.69                      86.81                        609                     53.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                          205            $45,340,328.38                     76.01%                     7.948%                       358                     70.98%                     72.27%                        580                    53.04%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation                                                         7              1,532,748.44                       2.57                      7.866                       358                      67.70                      71.35                        581                     52.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                         46             12,780,153.13                      21.42                      8.596                       357                      72.21                      73.71                        592                     52.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                            69            $16,453,469.32                     27.58%                     8.102%                       357                     71.27%                     71.57%                        599                    52.97%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                           18              5,370,425.94                       9.00                      8.271                       358                      72.89                      72.89                        569                     52.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                          114             24,789,689.09                      41.56                      8.082                       358                      72.26                      74.52                        573                     53.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                           57             13,039,645.60                      21.86                      7.990                       358                      68.22                      69.90                        586                     52.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 26


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                  253            $59,464,705.14                     99.68%                     8.079%                       358                     71.07%                     72.46%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Lien                                                                   5                188,524.81                       0.32                      9.843                       358                     100.00                     100.00                        621                     51.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525                                                                    50             $9,965,266.35                     16.71%                     9.220%                       358                     70.17%                     70.35%                        511                    53.02%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550                                                                    61             12,740,847.90                      21.36                      8.352                       357                      66.03                      66.54                        536                     53.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575                                                                    30              7,164,347.11                      12.01                      8.578                       358                      72.59                      72.59                        560                     52.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                    28              6,876,200.32                      11.53                      7.679                       358                      71.93                      71.93                        587                     53.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625                                                                    39              9,088,788.06                      15.24                      7.910                       358                      74.05                      76.44                        611                     52.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650                                                                    26              6,207,085.68                      10.41                      7.162                       358                      74.12                      78.41                        637                     53.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675                                                                    11              3,509,383.51                       5.88                      7.154                       358                      76.55                      79.77                        661                     52.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700                                                                     7              1,877,827.07                       3.15                      7.260                       358                      77.50                      85.37                        687                     53.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
701 - 725                                                                     2                540,322.24                       0.91                      6.307                       357                      66.21                      66.21                        715                     54.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
726 - 750                                                                     2                964,934.49                       1.62                      6.789                       359                      62.24                      62.24                        744                     51.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
751 - 775                                                                     1                449,184.18                       0.75                      6.500                       358                      73.77                      73.77                        758                     50.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
776 - 800                                                                     1                269,043.04                       0.45                      6.500                       358                      51.00                      51.00                        796                     52.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 501
Maximum: 796
Weighted Average: 582


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                               258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      258            $59,653,229.95                    100.00%                     8.084%                       358                     71.16%                     72.55%                        582                    52.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 50.06
Maximum: 55.00
Weighted Average: 52.98


2-4 family


Carrington Mortgage Loan Trust, Series 2006-NC5
2-4 Family

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 378
Aggregate Principal Balance ($): 116,040,683
Weighted Average Current Mortgage Rate (%): 8.284
Weighted Average Margin (%): 6.221
Weighted Average Maximum Rate (%): 15.300
Weighted Average Months to Roll: 29
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 358
Weighted Average Combined Original LTV (%): 83.26
% First Liens: 99.22
% Owner Occupied: 78.84
% Purchase: 39.54
% Full Documentation: 42.45
Non-Zero Weighted Average FICO Score: 633


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM                                                                      88            $21,097,259.15                     18.18%                     8.468%                       359                     79.22%                     84.04%                        635                    39.98%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM 5Y-IO                                                                20              7,249,669.91                       6.25                      7.487                       359                      80.80                      93.28                        664                     42.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed                                                                     28              5,207,774.21                       4.49                      8.659                       358                      81.28                      81.28                        636                     42.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM                                                                      40             10,468,881.94                       9.02                      8.928                       358                      83.18                      86.27                        622                     41.94
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM 5Y-IO                                                                12              4,502,240.16                       3.88                      7.011                       358                      81.86                      82.99                        650                     41.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2/1 ARM                                                               101             34,044,630.45                      29.34                      8.455                       358                      78.45                      80.55                        622                     42.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3/1 ARM                                                                57             22,715,481.66                      19.58                      8.141                       358                      79.88                      83.57                        621                     43.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed                                                                  32             10,754,745.85                       9.27                      7.946                       358                      73.19                      81.06                        672                     43.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                 4             $1,638,742.34                      1.41%                     5.809%                       358                     84.04%                     93.21%                        673                    44.00%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                17              6,982,266.62                       6.02                      6.363                       359                      73.42                      76.81                        655                     42.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                27              9,065,893.00                       7.81                      6.848                       358                      73.36                      78.47                        636                     41.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                37             13,641,981.57                      11.76                      7.314                       358                      76.67                      83.94                        654                     45.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                53             18,607,409.30                      16.04                      7.768                       358                      76.22                      83.54                        650                     43.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                                46             15,567,356.61                      13.42                      8.304                       358                      79.69                      85.31                        642                     40.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                72             21,652,512.41                      18.66                      8.787                       358                      81.76                      83.37                        615                     42.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                                43             11,562,980.83                       9.96                      9.282                       358                      82.75                      83.49                        606                     42.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                               47             11,537,574.78                       9.94                      9.767                       358                      82.85                      84.35                        616                     42.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                              15              3,257,830.25                       2.81                     10.280                       358                      82.18                      82.45                        628                     37.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              11              1,829,224.11                       1.58                     10.727                       358                      90.08                      90.08                        613                     37.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                               4                427,028.18                       0.37                     11.725                       359                      78.29                      78.29                        566                     34.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               2                269,883.33                       0.23                     12.077                       358                      86.00                      86.00                        654                     33.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.625%
Maximum: 12.100%
Weighted Average: 8.284%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.01 - 50,000.00                                                              2                $88,347.49                      0.08%                     8.841%                       359                     74.87%                     74.87%                        659                    36.43%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                       37              2,791,658.45                       2.41                      9.487                       358                      81.92                      81.92                        616                     36.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                      28              3,663,259.36                       3.16                      9.495                       358                      79.41                      81.45                        607                     38.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                      42              7,390,261.88                       6.37                      8.860                       358                      80.17                      82.78                        617                     39.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00                                                      50             11,270,904.78                       9.71                      8.535                       358                      74.08                      78.41                        617                     42.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00                                                      40             11,031,575.33                       9.51                      8.384                       358                      78.60                      81.11                        622                     42.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00                                                      33             10,831,223.81                       9.33                      8.305                       358                      76.81                      83.48                        631                     43.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00                                                      41             15,390,035.10                      13.26                      7.852                       358                      73.78                      79.19                        633                     43.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00                                                      33             13,969,278.91                      12.04                      7.955                       358                      79.97                      84.19                        650                     41.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00                                                      35             16,822,894.26                      14.50                      7.945                       358                      81.20                      86.02                        637                     43.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00                                                      13              6,746,240.58                       5.81                      8.059                       358                      82.70                      88.37                        656                     42.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00                                                      10              5,642,101.61                       4.86                      8.492                       359                      79.98                      83.43                        641                     44.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00                                                       5              3,095,546.69                       2.67                      8.604                       358                      90.87                      95.06                        669                     45.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00                                                       3              2,046,410.42                       1.76                      8.687                       358                      90.00                      90.00                        639                     34.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00                                                       2              1,436,616.03                       1.24                      8.384                       359                      92.48                      92.48                        613                     46.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
800,000.01 - 850,000.00                                                       2              1,696,447.24                       1.46                      8.932                       359                      85.64                      85.64                        649                     39.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
850,000.01 - 900,000.00                                                       1                879,711.04                       0.76                      7.525                       359                      89.98                      89.98                        627                     39.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to                                         1              1,248,170.35                       1.08                      7.175                       356                      71.43                      71.43                        629                     54.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $38,385.54
Maximum: $1,248,170.35
Weighted Average: $306,985.93


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 360
Maximum: 360
Weighted Average: 360


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 355
Maximum: 360
Weighted Average: 358


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.01 - 25.00                                                                 1                $85,900.66                      0.07%                     8.750%                       358                     22.63%                     22.63%                        509                    40.11%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00                                                                 3                519,751.19                       0.45                      7.875                       358                      32.55                      32.55                        593                     33.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00                                                                 2                449,810.42                       0.39                      8.164                       358                      38.66                      38.66                        583                     41.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00                                                                 7              1,853,726.88                       1.60                      7.576                       358                      42.10                      42.10                        568                     43.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00                                                                 5              1,090,907.22                       0.94                      9.121                       358                      49.33                      49.33                        607                     43.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00                                                                 9              2,543,640.40                       2.19                      7.719                       358                      53.04                      53.04                        581                     39.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00                                                                17              4,308,619.27                       3.71                      7.784                       358                      58.21                      58.21                        624                     41.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00                                                                16              4,828,528.03                       4.16                      7.883                       358                      63.70                      63.70                        603                     41.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00                                                                22              6,771,936.32                       5.84                      8.332                       358                      68.54                      68.54                        603                     42.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00                                                                23              8,812,699.19                       7.59                      7.733                       358                      73.61                      73.61                        611                     45.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00                                                                47             15,444,838.89                      13.31                      8.493                       358                      79.20                      79.20                        596                     41.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00                                                                41             12,279,378.98                      10.58                      8.486                       358                      84.60                      84.60                        614                     40.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00                                                                76             22,277,961.90                      19.20                      8.832                       358                      89.76                      89.84                        640                     40.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                                29              9,770,206.44                       8.42                      8.664                       358                      94.28                      94.62                        661                     41.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                               80             25,002,777.54                      21.55                      7.846                       358                      81.39                      99.97                        687                     44.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 22.63%
Maximum: 100.00%
Weighted Average: 83.26%


8. Current Gross Margin (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   60            $15,962,520.06                     13.76%                     8.179%                       358                     75.83%                     81.13%                        660                    43.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                61             19,996,062.81                      17.23                      7.702                       358                      80.04                      83.54                        636                     42.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                               214             66,929,196.41                      57.68                      8.323                       358                      80.62                      85.33                        634                     41.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                26              8,873,368.28                       7.65                      9.011                       358                      76.73                      76.73                        609                     42.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                16              4,009,677.96                       3.46                      9.285                       358                      72.09                      72.09                        565                     42.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                 1                269,857.81                       0.23                      9.175                       359                      56.84                      56.84                        569                     34.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.600%
Maximum: 7.600%
Non-Zero Weighted Average: 6.221%


9. Minimum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   60            $15,962,520.06                     13.76%                     8.179%                       358                     75.83%                     81.13%                        660                    43.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                 3              1,142,999.98                       0.98                      5.781                       357                      85.79                      90.27                        658                     42.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                12              5,035,148.59                       4.34                      6.248                       359                      78.29                      84.96                        649                     39.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                23              7,651,046.09                       6.59                      6.843                       358                      75.73                      81.79                        634                     43.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                35             12,809,651.73                      11.04                      7.313                       358                      77.06                      84.80                        657                     45.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                44             15,479,509.90                      13.34                      7.753                       358                      76.45                      82.93                        644                     43.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                                38             13,047,295.72                      11.24                      8.309                       358                      80.18                      84.67                        636                     39.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                63             19,358,579.52                      16.68                      8.786                       358                      81.73                      82.74                        609                     42.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                                39             10,813,444.89                       9.32                      9.281                       358                      82.66                      83.06                        600                     42.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                               38              9,989,355.26                       8.61                      9.766                       358                      82.84                      84.57                        623                     41.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                              13              2,805,573.62                       2.42                     10.259                       358                      80.52                      80.83                        624                     38.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                               6              1,444,299.36                       1.24                     10.718                       358                      87.43                      87.43                        596                     36.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                               3                375,294.27                       0.32                     11.738                       359                      76.68                      76.68                        555                     34.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               1                125,964.34                       0.11                     12.050                       359                      70.00                      70.00                        584                     24.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.900%
Maximum: 12.050%
Non-Zero Weighted Average: 8.304%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   60            $15,962,520.06                     13.76%                     8.179%                       358                     75.83%                     81.13%                        660                    43.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                               4              1,638,742.34                       1.41                      5.809                       358                      84.04                      93.21                        673                     44.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500                                                              11              4,539,406.23                       3.91                      6.289                       359                      78.11                      83.32                        643                     39.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000                                                              23              7,651,046.09                       6.59                      6.843                       358                      75.73                      81.79                        634                     43.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500                                                              35             12,809,651.73                      11.04                      7.313                       358                      77.06                      84.80                        657                     45.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000                                                              45             15,560,417.30                      13.41                      7.759                       358                      76.52                      82.97                        644                     43.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500                                                              38             13,047,295.72                      11.24                      8.309                       358                      80.18                      84.67                        636                     39.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000                                                              62             19,277,672.12                      16.61                      8.786                       358                      81.70                      82.71                        608                     42.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500                                                              39             10,813,444.89                       9.32                      9.281                       358                      82.66                      83.06                        600                     42.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000                                                              38              9,989,355.26                       8.61                      9.766                       358                      82.84                      84.57                        623                     41.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500                                                              13              2,805,573.62                       2.42                     10.259                       358                      80.52                      80.83                        624                     38.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000                                                               6              1,444,299.36                       1.24                     10.718                       358                      87.43                      87.43                        596                     36.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000                                                               3                375,294.27                       0.32                     11.738                       359                      76.68                      76.68                        555                     34.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
19.001 - 19.500                                                               1                125,964.34                       0.11                     12.050                       359                      70.00                      70.00                        584                     24.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 12.625%
Maximum: 19.050%
Non-Zero Weighted Average: 15.300%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   60            $15,962,520.06                     13.76%                     8.179%                       358                     75.83%                     81.13%                        660                    43.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                             1                 80,907.40                       0.07                      8.800                       358                      90.00                      90.00                        674                     35.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2                                                                           317             99,997,255.87                      86.17                      8.300                       358                      79.75                      83.60                        629                     42.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 2.000%
Non-Zero Weighted Average: 1.999%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   60            $15,962,520.06                     13.76%                     8.179%                       358                     75.83%                     81.13%                        660                    43.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                             1                 80,907.40                       0.07                      8.800                       358                      90.00                      90.00                        674                     35.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                         317             99,997,255.87                      86.17                      8.300                       358                      79.75                      83.60                        629                     42.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   60            $15,962,520.06                     13.76%                     8.179%                       358                     75.83%                     81.13%                        660                    43.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2008                                                                      1                420,244.31                       0.36                      8.650                       355                      85.00                      85.00                        589                     44.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2008                                                                      4              1,941,984.57                       1.67                      7.933                       356                      71.82                      73.64                        616                     50.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2008                                                                     15              4,913,124.59                       4.23                      8.913                       357                      84.63                      86.12                        622                     42.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2008                                                                    75             21,641,340.89                      18.65                      8.443                       358                      78.98                      81.20                        622                     41.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2008                                                                   112             32,690,865.15                      28.17                      8.257                       359                      78.47                      84.25                        640                     41.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2008                                                                     2                784,000.00                       0.68                      6.744                       360                      80.00                     100.00                        649                     41.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2009                                                                      1                232,353.77                       0.20                      7.675                       355                      80.00                     100.00                        680                     41.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2009                                                                      3                653,181.78                       0.56                     10.033                       356                      79.02                      79.02                        571                     44.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2009                                                                     34             11,386,658.52                       9.81                      8.313                       357                      82.02                      85.44                        631                     42.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2009                                                                    25              9,493,647.34                       8.18                      8.277                       358                      81.60                      84.37                        628                     44.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2009                                                                    45             15,699,162.35                      13.53                      8.071                       359                      80.09                      83.08                        620                     41.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2009                                                                     1                221,600.00                       0.19                      7.575                       360                      80.00                     100.00                        682                     45.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AK                                                                            2               $688,415.19                      0.59%                     8.631%                       359                     90.00%                     90.00%                        607                    46.11%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR                                                                            1                150,530.81                       0.13                     10.975                       356                      90.00                      90.00                        679                     29.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                            2                372,673.98                       0.32                      8.157                       359                      80.00                      86.63                        610                     43.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                           46             18,606,293.54                      16.03                      7.940                       358                      73.11                      76.29                        633                     41.67
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO                                                                            3                562,736.51                       0.48                      8.149                       358                      71.38                      78.77                        593                     43.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT                                                                           10              2,084,235.97                       1.80                      8.884                       358                      80.07                      81.76                        575                     41.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                           17              3,154,428.75                       2.72                      9.071                       358                      81.68                      84.05                        604                     39.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                            1                560,154.60                       0.48                      6.500                       359                      60.00                      60.00                        747                     50.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                           30              7,664,763.01                       6.61                      8.492                       358                      81.37                      84.43                        619                     39.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN                                                                            3                369,717.40                       0.32                      9.423                       359                      94.30                      94.30                        610                     40.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY                                                                            1                125,964.34                       0.11                     12.050                       359                      70.00                      70.00                        584                     24.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
LA                                                                            1                 85,453.05                       0.07                      8.975                       359                      90.00                      90.00                        660                     39.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                           29              7,576,309.72                       6.53                      8.442                       358                      76.98                      80.69                        624                     43.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD                                                                            1                246,426.33                       0.21                     10.200                       358                      85.00                      85.00                        665                     41.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME                                                                            1                 80,907.40                       0.07                      8.800                       358                      90.00                      90.00                        674                     35.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                            5                405,052.00                       0.35                      8.798                       359                      79.66                      81.23                        612                     43.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN                                                                            3                660,613.80                       0.57                      9.900                       359                      81.95                      81.95                        589                     42.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH                                                                            1                254,689.95                       0.22                      8.500                       358                      85.00                      85.00                        700                     48.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                           68             21,625,741.39                      18.64                      8.563                       358                      79.85                      85.17                        641                     42.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM                                                                            1                152,904.80                       0.13                      9.125                       357                      85.00                      85.00                        652                     36.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                           95             40,918,191.41                      35.26                      8.031                       358                      79.99                      84.69                        638                     43.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH                                                                            5                381,122.16                       0.33                      9.236                       358                      91.06                      91.06                        602                     30.94
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK                                                                            1                 58,490.82                       0.05                     10.025                       359                      90.00                      90.00                        637                     36.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR                                                                            2                422,619.22                       0.36                      7.653                       358                      77.61                      88.03                        647                     44.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA                                                                            9                981,257.29                       0.85                      8.737                       359                      83.22                      83.22                        589                     36.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI                                                                           16              3,936,631.34                       3.39                      8.173                       358                      87.07                      91.87                        652                     40.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                           11              1,682,288.46                       1.45                      8.979                       358                      77.78                      82.91                        652                     43.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA                                                                            3                463,326.47                       0.40                      8.856                       357                      78.87                      78.87                        650                     31.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA                                                                            2                538,180.47                       0.46                      7.124                       359                      88.37                      88.37                        601                     45.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI                                                                            8              1,230,563.15                       1.06                      8.871                       358                      88.45                      89.50                        616                     29.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 30


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                         100            $24,551,644.45                     21.16%                     8.912%                       358                     80.29%                     80.50%                        650                    36.03%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                           278             91,489,038.88                      78.84                      8.115                       358                      78.93                      84.00                        629                     43.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                    378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                    205            $63,884,447.54                     55.05%                     8.272%                       358                     74.28%                     74.34%                        608                    42.22%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                    152             45,885,252.11                      39.54                      8.320                       358                      85.16                      94.66                        669                     42.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rate/Term                                                                    21              6,270,983.68                       5.40                      8.138                       358                      85.99                      90.74                        628                     42.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                          175            $49,255,481.29                     42.45%                     7.929%                       358                     78.22%                     80.27%                        612                    42.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation                                                         4              1,491,502.44                       1.29                      8.029                       358                      72.32                      77.88                        619                     33.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                        199             65,293,699.60                      56.27                      8.557                       358                      80.13                      85.64                        650                     42.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                           179            $56,011,271.28                     48.27%                     8.543%                       358                     80.45%                     84.18%                        639                    42.26%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                           79             31,601,450.34                      27.23                      8.039                       358                      80.49                      86.33                        632                     43.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                           89             20,904,555.71                      18.01                      8.189                       358                      76.80                      80.29                        617                     40.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                           31              7,523,406.00                       6.48                      7.649                       358                      71.37                      71.78                        636                     41.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 19


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                  368           $115,138,299.05                     99.22%                     8.266%                       358                     79.05%                     83.13%                        633                    42.29%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Lien                                                                  10                902,384.28                       0.78                     10.573                       358                     100.00                     100.00                        710                     38.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525                                                                    18             $4,609,051.72                      3.97%                     9.000%                       358                     67.51%                     67.51%                        511                    44.87%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550                                                                    22              5,933,610.53                       5.11                      8.624                       358                      69.57                      70.06                        535                     44.49
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575                                                                    45             12,117,146.14                      10.44                      8.785                       358                      74.49                      74.49                        564                     42.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                    46             14,105,498.09                      12.16                      8.543                       358                      79.03                      79.12                        588                     42.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625                                                                    55             17,317,802.54                      14.92                      8.338                       358                      79.51                      82.06                        612                     43.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650                                                                    57             16,936,364.60                      14.60                      8.028                       358                      81.21                      85.31                        636                     42.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675                                                                    49             15,136,302.56                      13.04                      8.011                       358                      83.15                      89.82                        662                     40.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700                                                                    36             11,648,837.08                      10.04                      8.087                       358                      82.19                      86.93                        688                     38.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
701 - 725                                                                    19              6,834,008.50                       5.89                      7.945                       358                      81.76                      92.31                        712                     43.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
726 - 750                                                                    15              6,322,128.74                       5.45                      7.960                       358                      80.15                      90.09                        737                     44.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
751 - 775                                                                    12              3,809,082.73                       3.28                      8.084                       358                      82.58                      92.76                        761                     42.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
776 - 800                                                                     4              1,270,850.10                       1.10                      8.219                       359                      80.71                      97.88                        779                     41.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 502
Maximum: 780
Weighted Average: 633


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                  9             $2,428,196.22                      2.09%                     8.475%                       358                     79.85%                     79.85%                        678                    11.08%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99                                                                11              2,192,028.41                       1.89                      9.497                       358                      83.94                      85.55                        623                     22.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                                18              4,108,059.81                       3.54                      8.997                       358                      77.20                      79.91                        645                     27.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                                36              9,949,253.39                       8.57                      8.428                       358                      75.24                      76.65                        622                     33.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                                64             17,404,292.74                      15.00                      8.234                       358                      79.76                      81.95                        647                     37.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                                82             25,658,616.08                      22.11                      8.081                       358                      78.52                      83.89                        627                     42.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                               137             46,449,834.10                      40.03                      8.362                       358                      82.37                      87.93                        635                     47.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                                21              7,850,402.58                       6.77                      7.644                       358                      66.20                      67.01                        609                     52.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      378           $116,040,683.33                    100.00%                     8.284%                       358                     79.22%                     83.26%                        633                    42.25%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.54
Maximum: 54.83
Weighted Average: 42.25


condo


Carrington Mortgage Loan Trust, Series 2006-NC5
Condos

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 350
Aggregate Principal Balance ($): 75,478,127
Weighted Average Current Mortgage Rate (%): 8.298
Weighted Average Margin (%): 6.171
Weighted Average Maximum Rate (%): 15.291
Weighted Average Months to Roll: 27
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 358
Weighted Average Combined Original LTV (%): 87.22
% First Liens: 99.34
% Owner Occupied: 82.62
% Purchase: 44.51
% Full Documentation: 51.63
Non-Zero Weighted Average FICO Score: 635


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM                                                                      72            $13,254,312.25                     17.56%                     8.372%                       359                     80.10%                     86.36%                        635                    40.73%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM 5Y-IO                                                                65             15,514,589.92                      20.56                      7.797                       359                      83.99                      94.87                        656                     40.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed                                                                     23              2,692,001.40                       3.57                      8.591                       358                      82.61                      84.90                        662                     37.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 5Y-IO                                                                1                244,000.00                       0.32                      6.825                       357                      80.00                     100.00                        643                     43.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM                                                                      20              4,468,367.63                       5.92                      8.901                       358                      85.65                      88.90                        619                     41.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM 5Y-IO                                                                20              6,020,813.96                       7.98                      7.407                       359                      81.83                      90.83                        663                     40.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2/1 ARM                                                                99             22,858,999.43                      30.29                      8.610                       358                      80.07                      82.59                        614                     42.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3/1 ARM                                                                29              6,313,927.14                       8.37                      8.687                       358                      79.92                      88.15                        605                     42.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed                                                                  21              4,111,115.34                       5.45                      8.161                       358                      78.19                      79.16                        670                     42.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                 3               $875,837.89                      1.16%                     5.980%                       359                     77.46%                     89.46%                        590                    44.17%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                19              5,317,859.02                       7.05                      6.373                       359                      80.24                      83.17                        699                     40.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                22              5,508,644.67                       7.30                      6.867                       358                      79.36                      87.60                        673                     38.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                34              6,771,797.06                       8.97                      7.317                       359                      76.37                      86.67                        655                     42.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                66             15,344,959.39                      20.33                      7.760                       359                      79.08                      87.58                        634                     41.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                                49             11,066,538.50                      14.66                      8.258                       359                      81.36                      89.53                        643                     43.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                47             10,707,320.53                      14.19                      8.741                       358                      81.94                      87.24                        623                     37.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                                39              6,857,852.60                       9.09                      9.262                       358                      86.18                      89.18                        608                     41.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                               36              7,254,107.31                       9.61                      9.800                       358                      84.87                      85.61                        596                     43.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                              15              2,420,568.07                       3.21                     10.289                       358                      86.53                      86.64                        607                     43.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              18              2,850,313.30                       3.78                     10.732                       358                      82.25                      82.25                        597                     39.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                               1                389,812.76                       0.52                     11.100                       357                      94.99                      94.99                        724                     42.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                               1                112,515.97                       0.15                     11.550                       359                      95.00                      95.00                        653                     40.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.950%
Maximum: 11.550%
Weighted Average: 8.298%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.01 - 50,000.00                                                              3               $108,913.24                      0.14%                     9.765%                       358                    100.00%                    100.00%                        689                    38.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                       41              3,347,196.17                       4.43                      9.181                       358                      79.66                      84.10                        626                     42.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                      70              8,692,526.10                      11.52                      8.539                       358                      77.86                      83.54                        625                     40.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                      74             13,158,891.75                      17.43                      8.395                       359                      81.93                      90.78                        636                     41.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00                                                      56             12,710,783.56                      16.84                      8.109                       358                      79.26                      84.85                        628                     41.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00                                                      41             11,313,891.64                      14.99                      8.098                       358                      80.63                      85.49                        636                     41.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00                                                      28              9,057,008.94                      12.00                      8.540                       358                      84.49                      87.34                        630                     40.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00                                                      17              6,463,230.79                       8.56                      8.283                       358                      83.57                      89.35                        626                     43.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00                                                       8              3,392,640.86                       4.49                      7.674                       359                      89.06                      91.55                        660                     35.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00                                                       6              2,816,349.21                       3.73                      7.556                       358                      79.87                      89.69                        684                     44.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00                                                       1                536,000.00                       0.71                      8.450                       357                      80.00                     100.00                        667                     41.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00                                                       1                583,200.00                       0.77                      8.050                       359                      90.00                      90.00                        729                     41.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00                                                       2              1,422,162.04                       1.88                      8.176                       359                      80.00                     100.00                        668                     43.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00                                                       1                799,869.59                       1.06                      9.900                       359                      80.00                      80.00                        572                     44.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to                                         1              1,075,463.18                       1.42                      7.575                       359                      75.00                      75.00                        593                     41.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $31,985.07
Maximum: $1,075,463.18
Weighted Average: $215,651.79


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 360
Maximum: 360
Weighted Average: 360


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 355
Maximum: 360
Weighted Average: 358


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00                                                                 3               $319,862.66                      0.42%                     8.841%                       358                     32.69%                     32.69%                        552                    39.83%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00                                                                 2                335,734.31                       0.44                      7.221                       358                      43.38                      43.38                        581                     37.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00                                                                 4                580,187.72                       0.77                      7.539                       359                      46.71                      46.71                        583                     44.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00                                                                 6                708,572.34                       0.94                      8.062                       358                      51.99                      51.99                        671                     46.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00                                                                 8              1,552,226.90                       2.06                      7.779                       359                      57.49                      57.49                        569                     39.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00                                                                10              1,856,652.06                       2.46                      8.422                       358                      62.77                      62.77                        606                     45.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00                                                                15              3,616,195.74                       4.79                      8.277                       358                      68.99                      68.99                        608                     42.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00                                                                20              5,188,080.91                       6.87                      8.156                       358                      74.48                      74.48                        594                     40.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00                                                                45              8,745,710.26                      11.59                      8.243                       358                      79.55                      79.55                        599                     41.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00                                                                31              7,879,650.09                      10.44                      8.622                       358                      83.93                      84.28                        613                     38.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00                                                                59             13,482,164.68                      17.86                      8.608                       359                      89.70                      89.70                        655                     40.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                                34              7,491,083.44                       9.92                      8.886                       359                      94.95                      94.98                        647                     41.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                              113             23,722,005.96                      31.43                      7.940                       358                      81.37                     100.00                        661                     42.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 31.25%
Maximum: 100.00%
Weighted Average: 87.22%


8. Current Gross Margin (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   45             $7,047,116.74                      9.34%                     8.279%                       358                     79.94%                     82.07%                        666                    40.62%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500                                                                 1                178,917.81                       0.24                      9.825                       359                      85.24                      85.24                        600                     40.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                74             18,938,561.73                      25.09                      7.838                       359                      82.23                      91.00                        650                     41.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                               203             43,572,206.99                      57.73                      8.390                       358                      82.10                      88.15                        631                     40.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                17              4,124,183.17                       5.46                      8.984                       359                      75.11                      75.11                        572                     45.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                10              1,617,140.63                       2.14                      9.364                       358                      71.47                      71.47                        577                     45.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.500%
Maximum: 7.350%
Non-Zero Weighted Average: 6.171%


9. Minimum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   45             $7,047,116.74                      9.34%                     8.279%                       358                     79.94%                     82.07%                        666                    40.62%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                19              5,294,514.11                       7.01                      6.286                       359                      80.15                      85.08                        669                     41.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                20              4,945,199.96                       6.55                      6.879                       359                      79.29                      87.48                        668                     39.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                30              6,032,325.48                       7.99                      7.323                       359                      77.00                      88.57                        653                     43.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                57             13,701,568.49                      18.15                      7.758                       359                      79.45                      88.22                        631                     41.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                                47             10,677,034.13                      14.15                      8.263                       359                      81.30                      89.77                        643                     43.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                43             10,018,338.34                      13.27                      8.733                       358                      81.90                      87.56                        623                     38.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                                36              6,386,238.07                       8.46                      9.263                       358                      85.84                      89.06                        601                     41.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                               28              6,453,789.17                       8.55                      9.788                       358                      84.76                      85.59                        592                     43.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                              11              2,047,509.62                       2.71                     10.288                       358                      87.27                      87.40                        612                     43.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              12              2,372,164.23                       3.14                     10.733                       358                      82.39                      82.39                        587                     38.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                               1                389,812.76                       0.52                     11.100                       357                      94.99                      94.99                        724                     42.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                               1                112,515.97                       0.15                     11.550                       359                      95.00                      95.00                        653                     40.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 6.050%
Maximum: 11.550%
Non-Zero Weighted Average: 8.303%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   45             $7,047,116.74                      9.34%                     8.279%                       358                     79.94%                     82.07%                        666                    40.62%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                               4              1,046,693.52                       1.39                      6.122                       359                      79.13                      89.17                        601                     42.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500                                                              17              4,525,095.98                       6.00                      6.373                       359                      80.55                      84.00                        684                     40.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000                                                              19              4,774,344.33                       6.33                      6.880                       359                      78.99                      87.47                        669                     39.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500                                                              29              5,925,905.72                       7.85                      7.321                       359                      77.04                      88.81                        653                     42.94
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000                                                              58             13,880,917.47                      18.39                      7.772                       359                      79.65                      88.31                        630                     41.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500                                                              47             10,677,034.13                      14.15                      8.263                       359                      81.30                      89.77                        643                     43.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000                                                              43              9,943,739.68                      13.17                      8.740                       358                      81.64                      87.34                        622                     38.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500                                                              36              6,386,238.07                       8.46                      9.263                       358                      85.84                      89.06                        601                     41.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000                                                              27              6,349,038.85                       8.41                      9.790                       358                      84.83                      85.68                        594                     43.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500                                                              11              2,047,509.62                       2.71                     10.288                       358                      87.27                      87.40                        612                     43.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000                                                              12              2,372,164.23                       3.14                     10.733                       358                      82.39                      82.39                        587                     38.20
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500                                                               1                389,812.76                       0.52                     11.100                       357                      94.99                      94.99                        724                     42.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000                                                               1                112,515.97                       0.15                     11.550                       359                      95.00                      95.00                        653                     40.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 12.850%
Maximum: 18.550%
Non-Zero Weighted Average: 15.291%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   45             $7,047,116.74                      9.34%                     8.279%                       358                     79.94%                     82.07%                        666                    40.62%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                             4                561,374.69                       0.74                      8.141                       359                      86.18                      86.18                        612                     42.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                           1                 89,093.76                       0.12                      9.875                       355                      52.53                      52.53                        518                     54.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2                                                                           300             67,780,541.88                      89.80                      8.299                       358                      81.47                      87.81                        632                     41.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 2.000%
Non-Zero Weighted Average: 1.991%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   45             $7,047,116.74                      9.34%                     8.279%                       358                     79.94%                     82.07%                        666                    40.62%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                             4                561,374.69                       0.74                      8.141                       359                      86.18                      86.18                        612                     42.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                         301             67,869,635.64                      89.92                      8.301                       358                      81.43                      87.77                        632                     41.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 1.500%
Non-Zero Weighted Average: 1.496%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                   45             $7,047,116.74                      9.34%                     8.279%                       358                     79.94%                     82.07%                        666                    40.62%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2008                                                                      1                 89,093.76                       0.12                      9.875                       355                      52.53                      52.53                        518                     54.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2008                                                                      2                326,726.29                       0.43                      8.153                       356                      87.10                      87.10                        545                     48.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2008                                                                     10              2,947,898.51                       3.91                      8.973                       357                      81.86                      85.47                        593                     45.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2008                                                                    83             18,727,496.62                      24.81                      8.229                       358                      79.97                      86.78                        636                     40.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2008                                                                   138             29,156,786.42                      38.63                      8.290                       359                      81.96                      87.77                        634                     41.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2008                                                                     2                379,900.00                       0.50                      7.690                       360                      87.37                      92.25                        716                     43.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2009                                                                      6              1,042,219.57                       1.38                      8.818                       356                      82.60                      85.39                        561                     44.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2009                                                                     15              4,305,248.36                       5.70                      9.325                       357                      81.88                      88.50                        607                     41.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2009                                                                     5              1,355,193.74                       1.80                      7.808                       358                      76.05                      84.36                        628                     44.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2009                                                                    43             10,100,447.06                      13.38                      7.851                       359                      83.00                      90.72                        646                     41.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AK                                                                            5               $761,948.21                      1.01%                     8.600%                       359                     80.00%                    100.00%                        640                    40.82%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                            9              1,480,176.04                       1.96                      8.882                       358                      81.47                      87.97                        656                     41.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                           80             23,316,178.76                      30.89                      8.077                       358                      79.33                      85.52                        628                     40.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO                                                                            4                772,387.35                       1.02                      8.601                       358                      85.14                      99.08                        659                     45.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT                                                                            4                507,266.32                       0.67                      9.675                       358                      84.49                      89.41                        600                     45.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC                                                                            1                 68,716.65                       0.09                     10.225                       357                      55.00                      55.00                        590                     31.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                           69             13,592,198.70                      18.01                      8.719                       358                      83.13                      89.55                        635                     42.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA                                                                            6                975,323.89                       1.29                      8.429                       359                      86.02                      92.96                        647                     33.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                           27              6,385,429.71                       8.46                      7.735                       358                      77.94                      86.00                        657                     44.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                           28              5,076,668.41                       6.73                      8.623                       359                      85.10                      89.93                        641                     39.57
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                           19              4,876,044.56                       6.46                      7.872                       358                      78.59                      82.72                        616                     40.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD                                                                           17              3,005,849.41                       3.98                      8.121                       359                      80.13                      84.31                        618                     40.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME                                                                            4                561,374.69                       0.74                      8.141                       359                      86.18                      86.18                        612                     42.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                            3                482,237.73                       0.64                      8.992                       358                      86.21                      86.21                        650                     30.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN                                                                            6                901,022.13                       1.19                      8.506                       359                      84.56                      96.31                        691                     43.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO                                                                            1                 62,921.68                       0.08                      9.150                       358                      70.00                      70.00                        533                     47.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC                                                                            2                205,004.64                       0.27                      9.104                       358                      90.00                      90.00                        624                     44.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                           18              4,310,877.24                       5.71                      8.121                       359                      85.43                      88.83                        675                     44.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV                                                                            3                389,383.73                       0.52                      9.354                       358                      84.55                      92.02                        603                     33.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                            7              1,674,797.89                       2.22                      8.072                       358                      80.34                      84.91                        614                     39.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH                                                                            1                161,784.06                       0.21                      8.050                       358                      90.00                      90.00                        608                     51.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR                                                                            3                317,441.24                       0.42                      8.742                       359                      83.61                      96.02                        617                     45.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA                                                                            4                765,201.22                       1.01                      7.343                       359                      85.35                      89.22                        640                     31.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI                                                                            1                187,936.02                       0.25                      7.400                       359                      80.00                     100.00                        717                     48.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC                                                                            2                553,777.86                       0.73                      8.791                       357                      87.56                      87.56                        642                     11.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN                                                                            1                 83,156.47                       0.11                      8.325                       358                      80.00                     100.00                        717                     49.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                            8                902,173.95                       1.20                      8.922                       359                      83.04                      88.75                        601                     34.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT                                                                            2                256,711.55                       0.34                      8.744                       358                      85.99                      85.99                        659                     43.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA                                                                            3                476,573.81                       0.63                      8.786                       358                      73.74                      73.74                        584                     46.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VT                                                                            1                382,356.06                       0.51                      9.438                       358                      85.00                      85.00                        606                     41.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA                                                                            8              1,653,479.20                       2.19                      8.643                       358                      81.46                      82.97                        598                     45.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI                                                                            3                331,727.89                       0.44                      9.425                       357                      80.00                      91.76                        629                     46.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 32


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                          38             $7,034,502.63                      9.32%                     9.475%                       359                     89.14%                     89.14%                        667                    41.18%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                           287             62,359,949.13                      82.62                      8.102                       358                      80.23                      86.82                        631                     41.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home                                                                  25              6,083,675.31                       8.06                      8.941                       358                      83.57                      89.09                        635                     40.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                       350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                    162            $33,596,061.63                     44.51%                     8.293%                       358                     83.83%                     95.76%                        659                    41.06%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                    160             35,109,586.12                      46.52                      8.343                       358                      79.05                      79.19                        612                     41.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rate/Term                                                                    28              6,772,479.32                       8.97                      8.085                       359                      80.68                      86.51                        629                     41.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                          185            $38,972,684.39                     51.63%                     7.908%                       358                     81.85%                     87.78%                        629                    41.44%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation                                                         4              1,154,889.09                       1.53                      7.860                       358                      81.42                      88.10                        610                     44.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                        161             35,350,553.59                      46.84                      8.741                       358                      80.75                      86.58                        642                     41.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                           125            $27,152,996.46                     35.97%                     8.630%                       358                     82.41%                     87.76%                        640                    40.85%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                           13              2,600,625.95                       3.45                      8.448                       359                      85.94                      90.37                        632                     37.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                          153             32,542,993.73                      43.12                      8.168                       358                      80.75                      86.87                        624                     41.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                           59             13,181,510.93                      17.46                      7.902                       358                      79.61                      86.37                        652                     41.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 27


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                  342            $74,982,534.96                     99.34%                     8.284%                       358                     81.20%                     87.14%                        634                    41.30%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Lien                                                                   8                495,592.11                       0.66                     10.420                       358                     100.00                     100.00                        688                     44.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
less than or equal to 500                                                     1               $118,268.81                      0.16%                     8.950%                       358                     80.00%                     80.00%                        500                    46.47%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525                                                                    16              3,273,210.44                       4.34                      9.762                       358                      73.78                      73.78                        511                     42.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550                                                                    17              3,255,512.69                       4.31                      8.800                       358                      71.83                      71.83                        536                     45.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575                                                                    33              6,814,066.96                       9.03                      8.669                       358                      77.55                      78.98                        563                     41.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                    41              9,003,768.70                      11.93                      8.340                       358                      78.33                      80.57                        591                     41.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625                                                                    54             12,154,882.75                      16.10                      8.465                       358                      84.31                      87.86                        614                     40.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650                                                                    53             10,957,676.97                      14.52                      8.079                       359                      81.82                      92.51                        640                     40.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675                                                                    55             12,298,238.77                      16.29                      8.218                       358                      82.85                      93.35                        662                     41.18
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700                                                                    34              6,988,737.29                       9.26                      8.130                       359                      85.03                      95.10                        687                     40.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
701 - 725                                                                    21              4,642,143.05                       6.15                      7.913                       358                      83.53                      89.90                        713                     42.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
726 - 750                                                                    11              2,627,636.06                       3.48                      7.696                       359                      85.54                      94.64                        736                     42.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
751 - 775                                                                     7              1,601,133.67                       2.12                      7.721                       358                      85.57                      85.57                        761                     41.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
776 - 800                                                                     4              1,050,623.03                       1.39                      6.614                       358                      75.58                      75.58                        784                     37.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
801 - 825                                                                     3                692,227.88                       0.92                      7.097                       359                      81.44                      84.19                        804                     45.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 805
Weighted Average: 635


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                  7             $1,706,469.16                      2.26%                     8.242%                       358                     83.40%                     85.97%                        665                    13.19%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99                                                                 8              2,010,318.68                       2.66                      7.223                       359                      83.82                      88.66                        645                     22.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                                20              4,013,239.83                       5.32                      8.581                       359                      81.91                      86.12                        624                     28.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                                44              8,155,262.91                      10.80                      8.155                       359                      79.10                      84.88                        635                     33.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                                55             11,101,926.55                      14.71                      8.331                       358                      80.11                      87.90                        630                     38.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                                74             18,110,370.27                      23.99                      8.470                       358                      82.58                      87.50                        641                     42.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                               126             27,160,510.94                      35.98                      8.269                       358                      82.90                      89.95                        634                     48.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                                16              3,220,028.73                       4.27                      8.164                       358                      67.42                      67.42                        613                     52.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      350            $75,478,127.07                    100.00%                     8.298%                       358                     81.33%                     87.22%                        635                    41.32%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 3.66
Maximum: 54.99
Weighted Average: 41.32


greater than or equal to 5 age


Carrington Mortgage Loan Trust, Series 2006-NC5
Loans Aged 5 Months or Greater

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 22
Aggregate Principal Balance ($): 3,619,456
Weighted Average Current Mortgage Rate (%): 8.673
Weighted Average Margin (%): 6.303
Weighted Average Maximum Rate (%): 15.650
Weighted Average Months to Roll: 28
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 355
Weighted Average Combined Original LTV (%): 88.87
% First Liens: 90.03
% Owner Occupied: 89.69
% Purchase: 45.19
% Full Documentation: 32.64
Non-Zero Weighted Average FICO Score: 625


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM                                                                       3               $461,522.23                     12.75%                     8.966%                       355                     74.70%                     90.84%                        625                    42.99%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM 5Y-IO                                                                 1                169,520.31                       4.68                      7.900                       355                      80.00                      80.00                        642                     30.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed                                                                      8                420,478.76                      11.62                      9.848                       355                      99.29                      99.29                        644                     34.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM                                                                       1                232,353.77                       6.42                      7.675                       355                      80.00                     100.00                        680                     41.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM 5Y-IO                                                                 2                480,349.99                      13.27                      8.364                       355                      87.12                      92.87                        615                     37.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2/1 ARM                                                                 5              1,255,212.47                      34.68                      9.043                       355                      82.35                      85.78                        606                     44.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3/1 ARM                                                                 1                225,751.32                       6.24                      8.950                       355                      89.68                      89.68                        581                     47.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed                                                                   1                374,267.12                      10.34                      6.950                       355                      76.53                      76.53                        667                     30.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                 1               $138,349.99                      3.82%                     6.175%                       355                     79.99%                     99.97%                        651                    47.72%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                 1                374,267.12                      10.34                      6.950                       355                      76.53                      76.53                        667                     30.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                 2                401,874.08                      11.10                      7.770                       355                      80.00                      91.56                        664                     37.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                                 2                370,291.21                      10.23                      8.478                       355                      80.00                     100.00                        654                     45.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                 4                999,042.71                      27.60                      8.791                       355                      82.82                      87.18                        590                     44.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                                 3                441,985.47                      12.21                      9.248                       355                      91.59                      91.59                        611                     30.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                                6                656,447.20                      18.14                      9.637                       355                      87.87                      87.87                        635                     45.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                               2                145,380.29                       4.02                     10.353                       354                      75.02                      75.02                        542                     31.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                               1                 91,817.90                       2.54                     10.600                       355                     100.00                     100.00                        640                     34.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 6.175%
Maximum: 10.600%
Weighted Average: 8.673%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.01 - 50,000.00                                                              3               $107,200.26                      2.96%                     9.797%                       355                     99.99%                     99.99%                        650                    32.56%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                        6                402,372.26                      11.12                      9.867                       355                      88.75                      88.75                        614                     39.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                       3                384,596.56                      10.63                      8.300                       355                      72.50                      79.69                        560                     43.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                       2                324,243.51                       8.96                      8.186                       355                      80.00                      89.54                        647                     37.94
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00                                                       4                891,378.37                      24.63                      8.494                       355                      82.45                      97.39                        641                     42.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00                                                       1                342,000.00                       9.45                      9.250                       355                      90.00                      90.00                        601                     33.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00                                                       2                747,420.70                      20.65                      8.236                       355                      83.25                      83.25                        663                     38.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00                                                       1                420,244.31                      11.61                      8.650                       355                      85.00                      85.00                        589                     44.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $32,426.73
Maximum: $420,244.31
Weighted Average: $164,520.73


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                    22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 360
Maximum: 360
Weighted Average: 360


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                    22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 354
Maximum: 355
Weighted Average: 355


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00                                                                 1                $89,093.76                      2.46%                     9.875%                       355                     52.53%                     52.53%                        518                    54.99%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00                                                                 2                246,246.57                       6.80                      9.493                       355                      68.29                      68.29                        510                     41.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00                                                                 2                543,787.43                      15.02                      7.246                       355                      77.61                      77.61                        659                     30.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00                                                                 1                420,244.31                      11.61                      8.650                       355                      85.00                      85.00                        589                     44.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00                                                                 3                940,904.90                      26.00                      9.287                       355                      89.92                      89.92                        619                     42.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                                 1                 59,687.47                       1.65                      9.100                       355                      95.00                      95.00                        602                     26.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                               12              1,319,491.53                      36.46                      8.577                       355                      85.47                     100.00                        657                     40.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 52.53%
Maximum: 100.00%
Weighted Average: 88.87%


8. Current Gross Margin (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                    9               $794,745.88                     21.96%                     8.483%                       355                     88.57%                     88.57%                        655                    32.22%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                 3                552,224.09                      15.26                      9.051                       355                      81.40                      89.21                        595                     42.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                 8              2,048,050.43                      56.58                      8.588                       355                      84.52                      91.77                        634                     41.11
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                 1                 89,093.76                       2.46                      9.875                       355                      52.53                      52.53                        518                     54.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                 1                135,341.81                       3.74                      8.750                       355                      69.13                      69.13                        511                     54.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.950%
Maximum: 8.850%
Non-Zero Weighted Average: 6.303%


9. Minimum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                    9               $794,745.88                     21.96%                     8.483%                       355                     88.57%                     88.57%                        655                    32.22%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                 1                138,349.99                       3.82                      6.175                       355                      79.99                      99.97                        651                     47.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                 2                401,874.08                      11.10                      7.770                       355                      80.00                      91.56                        664                     37.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                                 2                370,291.21                      10.23                      8.478                       355                      80.00                     100.00                        654                     45.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                                 4                999,042.71                      27.60                      8.791                       355                      82.82                      87.18                        590                     44.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                                 1                342,000.00                       9.45                      9.250                       355                      90.00                      90.00                        601                     33.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                                2                462,247.34                      12.77                      9.592                       355                      82.78                      82.78                        632                     48.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                               1                110,904.76                       3.06                     10.400                       354                      67.27                      67.27                        508                     26.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 6.175%
Maximum: 10.400%
Non-Zero Weighted Average: 8.731%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                    9               $794,745.88                     21.96%                     8.483%                       355                     88.57%                     88.57%                        655                    32.22%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500                                                               1                138,349.99                       3.82                      6.175                       355                      79.99                      99.97                        651                     47.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000                                                               3                619,579.35                      17.12                      8.176                       355                      80.00                      94.53                        659                     36.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500                                                               2                370,291.21                      10.23                      8.478                       355                      80.00                     100.00                        654                     45.21
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000                                                               3                781,337.44                      21.59                      8.754                       355                      83.60                      83.60                        573                     47.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500                                                               1                342,000.00                       9.45                      9.250                       355                      90.00                      90.00                        601                     33.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000                                                               2                462,247.34                      12.77                      9.592                       355                      82.78                      82.78                        632                     48.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500                                                               1                110,904.76                       3.06                     10.400                       354                      67.27                      67.27                        508                     26.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 13.175%
Maximum: 17.400%
Non-Zero Weighted Average: 15.650%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                    9               $794,745.88                     21.96%                     8.483%                       355                     88.57%                     88.57%                        655                    32.22%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                           1                 89,093.76                       2.46                      9.875                       355                      52.53                      52.53                        518                     54.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2                                                                            12              2,735,616.33                      75.58                      8.689                       355                      83.13                      90.13                        620                     41.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 2.000%
Non-Zero Weighted Average: 1.984%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                    9               $794,745.88                     21.96%                     8.483%                       355                     88.57%                     88.57%                        655                    32.22%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                          13              2,824,710.09                      78.04                      8.727                       355                      82.16                      88.95                        617                     42.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                    9               $794,745.88                     21.96%                     8.483%                       355                     88.57%                     88.57%                        655                    32.22%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6/1/2008                                                                      1                110,904.76                       3.06                     10.400                       354                      67.27                      67.27                        508                     26.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2008                                                                      8              1,775,350.25                      49.05                      8.829                       355                      81.08                      87.70                        620                     44.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2009                                                                      4                938,455.08                      25.93                      8.335                       355                      85.97                      93.87                        623                     41.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR                                                                            1                $59,687.47                      1.65%                     9.100%                       355                     95.00%                     95.00%                        602                    26.31%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                            3                342,345.83                       9.46                      7.435                       355                      82.01                      90.08                        647                     39.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                            2                202,722.66                       5.60                     10.491                       354                      82.09                      82.09                        568                     30.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                            2                175,639.81                       4.85                      8.911                       355                      76.21                      76.21                        556                     44.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA                                                                            1                225,751.32                       6.24                      8.950                       355                      89.68                      89.68                        581                     47.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                            1                373,153.58                      10.31                      9.525                       355                      90.00                      90.00                        659                     46.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                            1                 56,860.53                       1.57                      9.600                       355                     100.00                     100.00                        696                     46.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                            3                933,972.39                      25.80                      8.253                       355                      82.27                      86.93                        639                     32.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                            1                420,244.31                      11.61                      8.650                       355                      85.00                      85.00                        589                     44.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI                                                                            1                232,353.77                       6.42                      7.675                       355                      80.00                     100.00                        680                     41.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                            5                507,630.54                      14.03                      8.836                       355                      85.41                     100.00                        646                     42.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA                                                                            1                 89,093.76                       2.46                      9.875                       355                      52.53                      52.53                        518                     54.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 12


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                           1               $373,153.58                     10.31%                     9.525%                       355                     90.00%                     90.00%                        659                    46.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                            21              3,246,302.39                      89.69                      8.575                       355                      82.83                      88.74                        621                     39.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One Family                                                                   10             $1,881,719.16                     51.99%                     8.629%                       355                     82.21%                     86.17%                        615                    36.45%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Detached                                                                  8                939,184.44                      25.95                      8.850                       355                      88.49                      96.02                        653                     43.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                      3                709,458.61                      19.60                      8.407                       355                      84.56                      91.11                        627                     44.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                         1                 89,093.76                       2.46                      9.875                       355                      52.53                      52.53                        518                     54.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                     12             $1,635,784.58                     45.19%                     8.758%                       355                     86.00%                     97.72%                        656                    41.82%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                     10              1,983,671.39                      54.81                      8.603                       355                      81.57                      81.57                        600                     38.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                           11             $1,181,400.89                     32.64%                     8.040%                       355                     79.98%                     82.32%                        627                    37.57%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                         11              2,438,055.08                      67.36                      8.980                       355                      85.31                      92.04                        624                     41.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                            10             $2,147,321.46                     59.33%                     8.759%                       355                     86.53%                     88.56%                        627                    39.52%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                            1                232,353.77                       6.42                      7.675                       355                      80.00                     100.00                        680                     41.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                            8              1,007,267.75                      27.83                      8.985                       355                      77.33                      84.68                        606                     40.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                            3                232,512.99                       6.42                      7.523                       355                      86.81                      98.69                        638                     42.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 24


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                   15             $3,258,664.68                     90.03%                     8.529%                       355                     81.75%                     87.63%                        622                    40.65%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Lien                                                                   7                360,791.29                       9.97                      9.971                       355                     100.00                     100.00                        651                     35.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525                                                                     3               $335,340.33                      9.26%                     9.595%                       355                     64.10%                     64.10%                        512                    45.12%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                     3                678,422.36                      18.74                      8.805                       355                      87.27                      87.27                        586                     45.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625                                                                     3                452,767.11                      12.51                      9.292                       355                      91.79                      91.79                        603                     32.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650                                                                     3                479,043.48                      13.24                      8.883                       355                      83.83                      92.92                        645                     33.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675                                                                     7              1,344,370.39                      37.14                      8.203                       355                      83.12                      90.69                        659                     41.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700                                                                     2                289,214.30                       7.99                      8.053                       355                      83.93                     100.00                        683                     42.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
701 - 725                                                                     1                 40,298.00                       1.11                      9.450                       355                     100.00                     100.00                        706                     14.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 508
Maximum: 706
Weighted Average: 625


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                  1                $40,298.00                      1.11%                     9.450%                       355                    100.00%                    100.00%                        706                    14.19%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                                 3                221,671.87                       6.12                      9.912                       354                      82.28                      82.28                        558                     26.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                                 4                977,605.33                      27.01                      8.262                       355                      84.05                      84.05                        637                     31.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                                 3                303,964.96                       8.40                      9.173                       355                      85.68                     100.00                        643                     36.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                                 3                868,166.09                      23.99                      8.343                       355                      82.42                      92.74                        630                     44.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                                 6                983,314.15                      27.17                      8.788                       355                      87.87                      93.83                        641                     46.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                                 2                224,435.57                       6.20                      9.197                       355                      62.54                      62.54                        514                     54.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                       22             $3,619,455.97                    100.00%                     8.673%                       355                     83.57%                     88.87%                        625                    40.13%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 14.19
Maximum: 54.99
Weighted Average: 40.13


il in mi oh pa


Carrington Mortgage Loan Trust, Series 2006-NC5
Loans in IL, IN, MI, OH or PA

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 690
Aggregate Principal Balance ($): 109,800,535
Weighted Average Current Mortgage Rate (%): 8.645
Weighted Average Margin (%): 6.115
Weighted Average Maximum Rate (%): 15.583
Weighted Average Months to Roll: 27
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 358
Weighted Average Combined Original LTV (%): 87.43
% First Liens: 99.73
% Owner Occupied: 89.89
% Purchase: 35.09
% Full Documentation: 65.76
Non-Zero Weighted Average FICO Score: 608


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15 Fixed                                                                      1                $54,781.32                      0.05%                    12.125%                       178                     25.58%                     25.58%                        604                    11.69%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM                                                                     274             39,030,981.17                      35.55                      8.600                       359                      83.63                      88.42                        617                     39.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM 5Y-IO                                                                41              7,020,295.91                       6.39                      7.982                       359                      84.49                      93.91                        630                     41.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed                                                                     64              7,972,253.30                       7.26                      9.258                       358                      81.58                      82.37                        592                     38.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 5Y-IO                                                                6              1,003,419.96                       0.91                      8.822                       357                      86.66                      93.93                        610                     44.06
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM                                                                      82             15,897,273.09                      14.48                      8.440                       358                      85.82                      87.32                        602                     39.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM 5Y-IO                                                                18              4,026,855.52                       3.67                      8.136                       359                      88.00                      95.46                        643                     40.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2/1 ARM                                                               141             23,460,493.04                      21.37                      8.826                       358                      83.10                      84.59                        584                     41.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3/1 ARM                                                                32              6,812,298.13                       6.20                      8.859                       358                      81.43                      85.84                        615                     41.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed                                                                  31              4,521,883.47                       4.12                      8.807                       358                      81.42                      87.47                        623                     39.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                 3               $960,884.75                      0.88%                     5.693%                       359                     77.89%                     81.50%                        637                    33.31%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                12              3,045,497.21                       2.77                      6.319                       359                      81.12                      84.61                        649                     40.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                20              4,238,177.33                       3.86                      6.828                       359                      78.99                      86.80                        638                     40.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                46              9,462,543.62                       8.62                      7.270                       359                      78.94                      86.69                        633                     42.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                94             17,719,604.30                      16.14                      7.821                       358                      83.65                      90.36                        625                     41.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                                79             12,918,495.80                      11.77                      8.308                       358                      82.44                      87.54                        618                     42.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               132             21,409,098.03                      19.50                      8.772                       359                      84.30                      87.26                        603                     39.62
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               107             14,019,577.56                      12.77                      9.293                       358                      86.49                      88.01                        594                     40.10
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              116             16,183,893.25                      14.74                      9.759                       358                      85.78                      87.06                        582                     39.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                              35              4,072,991.48                       3.71                     10.271                       358                      83.90                      84.00                        575                     37.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              35              4,895,859.81                       4.46                     10.767                       358                      87.04                      87.43                        589                     38.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                               4                247,527.17                       0.23                     11.289                       359                      80.54                      80.54                        551                     33.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                               4                371,184.56                       0.34                     11.718                       359                      69.94                      69.94                        562                     32.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               3                255,200.04                       0.23                     12.253                       319                      66.33                      66.33                        545                     27.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.625%
Maximum: 12.325%
Weighted Average: 8.645%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.01 - 50,000.00                                                              9               $420,010.47                      0.38%                     9.192%                       359                     66.30%                     66.30%                        595                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                      218             16,856,380.08                      15.35                      9.267                       358                      83.43                      85.93                        592                     37.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                     171             21,258,632.07                      19.36                      8.751                       358                      83.46                      88.13                        610                     39.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                     112             19,186,880.10                      17.47                      8.734                       358                      83.05                      86.94                        601                     39.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00                                                      76             16,951,302.62                      15.44                      8.649                       358                      82.03                      86.04                        593                     41.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00                                                      45             12,497,513.25                      11.38                      8.394                       358                      85.26                      89.83                        623                     42.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00                                                      23              7,360,064.25                       6.70                      8.682                       358                      86.42                      89.89                        616                     42.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00                                                      15              5,649,535.79                       5.15                      7.534                       359                      81.68                      85.35                        615                     44.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00                                                      11              4,569,579.43                       4.16                      7.928                       359                      89.91                      93.55                        627                     39.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00                                                       8              3,870,984.46                       3.53                      8.537                       358                      84.43                      86.76                        650                     41.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00                                                       1                542,824.32                       0.49                      8.550                       359                      85.00                      85.00                        652                     22.82
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00                                                       1                636,828.07                       0.58                      5.700                       359                      75.00                      75.00                        633                     27.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $30,177.64
Maximum: $636,828.07
Weighted Average: $159,131.21


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     1                $54,781.32                      0.05%                    12.125%                       178                     25.58%                     25.58%                        604                    11.69%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   689            109,745,753.59                      99.95                      8.643                       358                      83.70                      87.46                        608                     40.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 180
Maximum: 360
Weighted Average: 360


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     1                $54,781.32                      0.05%                    12.125%                       178                     25.58%                     25.58%                        604                    11.69%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                   689            109,745,753.59                      99.95                      8.643                       358                      83.70                      87.46                        608                     40.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 178
Maximum: 360
Weighted Average: 358


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.01 - 10.00                                                                  1                $49,990.87                      0.05%                     9.525%                       359                      7.87%                      7.87%                        502                    48.02%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00                                                                 1                 54,781.32                       0.05                     12.125                       178                      25.58                      25.58                        604                     11.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00                                                                 1                 49,975.54                       0.05                      9.525                       359                      33.33                      33.33                        548                     54.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00                                                                 1                119,340.65                       0.11                      8.500                       358                      38.77                      38.77                        541                     55.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00                                                                 1                 79,959.35                       0.07                      8.425                       358                      43.72                      43.72                        530                     49.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00                                                                 4                590,913.64                       0.54                      8.222                       359                      48.23                      48.23                        588                     38.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00                                                                 3                390,615.79                       0.36                      8.043                       359                      53.00                      53.00                        558                     39.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00                                                                11              1,523,047.73                       1.39                      7.758                       359                      58.90                      58.90                        587                     40.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00                                                                18              2,654,440.73                       2.42                      8.674                       358                      63.80                      63.80                        576                     36.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00                                                                24              4,033,940.59                       3.67                      8.443                       358                      69.18                      69.18                        594                     40.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00                                                                38              5,519,676.84                       5.03                      8.497                       358                      74.26                      74.26                        574                     34.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00                                                                76             11,729,725.74                      10.68                      8.583                       358                      79.33                      79.51                        594                     39.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00                                                               115             19,001,151.11                      17.31                      8.975                       358                      84.55                      84.55                        573                     40.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00                                                               169             24,476,053.63                      22.29                      8.995                       358                      89.66                      89.71                        606                     39.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                                99             18,117,601.98                      16.50                      8.684                       358                      93.79                      94.70                        626                     42.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                              128             21,409,319.40                      19.50                      8.098                       358                      81.62                      99.98                        650                     41.97
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 7.87%
Maximum: 100.00%
Weighted Average: 87.43%


8. Current Gross Margin (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  102            $13,552,338.05                     12.34%                     9.087%                       357                     81.68%                     84.70%                        603                    39.15%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500                                                                 7              1,041,852.98                       0.95                      9.550                       359                      82.97                      82.97                        559                     43.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                               174             33,255,996.27                      30.29                      8.404                       358                      84.51                      89.00                        613                     41.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                               360             56,003,061.17                      51.00                      8.588                       358                      84.33                      88.27                        609                     40.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                27              3,618,816.98                       3.30                      9.101                       358                      80.29                      80.72                        583                     38.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                16              1,914,087.14                       1.74                      9.709                       358                      72.02                      72.24                        587                     36.38
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                 4                414,382.32                       0.38                     10.040                       358                      77.29                      77.29                        538                     44.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.400%
Maximum: 7.600%
Non-Zero Weighted Average: 6.115%


9. Minimum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  102            $13,552,338.05                     12.34%                     9.087%                       357                     81.68%                     84.70%                        603                    39.15%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                 1                150,638.79                       0.14                      5.625                       359                      87.67                      87.67                        661                     49.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                12              3,448,611.57                       3.14                      6.153                       359                      80.76                      84.85                        640                     38.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                18              3,853,590.56                       3.51                      6.829                       359                      79.52                      88.10                        637                     39.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                42              8,853,179.91                       8.06                      7.269                       359                      79.03                      87.32                        634                     42.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                86             16,719,696.18                      15.23                      7.819                       358                      84.02                      90.87                        625                     41.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                                65             10,724,908.97                       9.77                      8.318                       359                      82.29                      86.58                        613                     42.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               118             19,594,708.44                      17.85                      8.774                       359                      84.57                      87.05                        601                     39.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                                97             12,760,404.64                      11.62                      9.293                       358                      86.76                      88.43                        592                     40.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                               90             13,084,450.66                      11.92                      9.756                       358                      85.85                      87.27                        584                     40.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                              26              2,661,118.23                       2.42                     10.268                       358                      85.57                      85.72                        585                     36.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              25              3,802,545.60                       3.46                     10.788                       358                      88.24                      88.73                        597                     38.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                               4                249,369.88                       0.23                     10.967                       359                      80.09                      80.09                        555                     35.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                               2                144,554.71                       0.13                     11.592                       359                      62.70                      62.70                        600                     27.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               2                200,418.72                       0.18                     12.288                       358                      77.47                      77.47                        529                     32.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.950%
Maximum: 12.325%
Non-Zero Weighted Average: 8.587%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  102            $13,552,338.05                     12.34%                     9.087%                       357                     81.68%                     84.70%                        603                    39.15%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                               3                960,884.75                       0.88                      5.693                       359                      77.89                      81.50                        637                     33.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500                                                              10              2,638,365.61                       2.40                      6.291                       358                      82.20                      86.23                        643                     41.48
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000                                                              18              3,853,590.56                       3.51                      6.829                       359                      79.52                      88.10                        637                     39.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500                                                              42              8,853,179.91                       8.06                      7.269                       359                      79.03                      87.32                        634                     42.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000                                                              86             16,719,696.18                      15.23                      7.819                       358                      84.02                      90.87                        625                     41.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500                                                              65             10,724,908.97                       9.77                      8.318                       359                      82.29                      86.58                        613                     42.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000                                                             118             19,594,708.44                      17.85                      8.774                       359                      84.57                      87.05                        601                     39.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500                                                              97             12,760,404.64                      11.62                      9.293                       358                      86.76                      88.43                        592                     40.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000                                                              90             13,084,450.66                      11.92                      9.756                       358                      85.85                      87.27                        584                     40.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500                                                              26              2,661,118.23                       2.42                     10.268                       358                      85.57                      85.72                        585                     36.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000                                                              25              3,802,545.60                       3.46                     10.788                       358                      88.24                      88.73                        597                     38.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500                                                               4                249,369.88                       0.23                     10.967                       359                      80.09                      80.09                        555                     35.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000                                                               2                144,554.71                       0.13                     11.592                       359                      62.70                      62.70                        600                     27.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
19.001 - 19.500                                                               2                200,418.72                       0.18                     12.288                       358                      77.47                      77.47                        529                     32.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 12.625%
Maximum: 19.325%
Non-Zero Weighted Average: 15.583%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  102            $13,552,338.05                     12.34%                     9.087%                       357                     81.68%                     84.70%                        603                    39.15%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2                                                                           588             96,248,196.86                      87.66                      8.583                       358                      83.95                      87.82                        608                     40.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 2.000%
Maximum: 2.000%
Non-Zero Weighted Average: 2.000%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  102            $13,552,338.05                     12.34%                     9.087%                       357                     81.68%                     84.70%                        603                    39.15%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                             1                 77,908.05                       0.07                      8.650                       358                      52.00                      79.11                        512                     46.45
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                         587             96,170,288.81                      87.59                      8.583                       358                      83.98                      87.82                        608                     40.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  102            $13,552,338.05                     12.34%                     9.087%                       357                     81.68%                     84.70%                        603                    39.15%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2008                                                                      6                666,147.83                       0.61                      9.567                       356                      83.66                      88.86                        655                     39.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2008                                                                     23              3,246,284.06                       2.96                      8.614                       357                      83.77                      86.38                        611                     40.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2008                                                                   151             24,492,213.29                      22.31                      8.692                       358                      83.54                      88.11                        602                     40.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2008                                                                   275             40,960,124.94                      37.30                      8.553                       359                      83.50                      87.51                        609                     40.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2008                                                                     1                147,000.00                       0.13                      8.250                       360                      88.02                      88.02                        665                     45.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2009                                                                     10              2,028,678.61                       1.85                      9.523                       356                      85.48                      89.56                        619                     41.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2009                                                                     38              6,669,653.39                       6.07                      9.325                       357                      86.46                      87.93                        586                     41.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2009                                                                    10              1,688,582.79                       1.54                      8.968                       358                      79.96                      84.07                        621                     41.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2009                                                                    72             15,708,101.36                      14.31                      7.994                       359                      84.73                      88.18                        619                     38.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2009                                                                     2                641,410.59                       0.58                      7.886                       360                      89.55                      96.82                        627                     41.95
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                          251            $53,312,903.99                     48.55%                     8.435%                       358                     83.77%                     87.76%                        615                    41.43%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN                                                                           59              5,839,878.08                       5.32                      9.305                       358                      86.84                      87.98                        602                     38.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                          110             13,574,096.64                      12.36                      8.951                       358                      83.38                      87.41                        602                     39.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH                                                                           86              9,991,457.27                       9.10                      8.924                       358                      85.83                      89.79                        598                     39.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA                                                                          184             27,082,198.93                      24.66                      8.660                       358                      82.15                      85.82                        600                     39.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 5


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                          89             $9,717,650.53                      8.85%                     9.208%                       358                     85.03%                     85.18%                        637                    35.57%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                           594             98,697,875.69                      89.89                      8.584                       358                      83.55                      87.59                        604                     40.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home                                                                   7              1,385,008.69                       1.26                      9.019                       358                      82.45                      91.95                        639                     38.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One Family                                                                  565            $84,908,763.28                     77.33%                     8.697%                       358                     83.72%                     87.39%                        604                    40.33%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                     52              9,801,911.86                       8.93                      8.593                       358                      82.35                      84.81                        615                     38.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                        36              6,485,891.42                       5.91                      8.485                       359                      85.33                      89.57                        641                     38.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Detached                                                                 23              5,856,289.91                       5.33                      8.133                       359                      83.42                      91.51                        624                     44.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Attached                                                                 14              2,747,678.44                       2.50                      8.698                       358                      83.51                      84.51                        564                     42.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                    336            $55,922,741.05                     50.93%                     8.774%                       358                     82.25%                     82.38%                        591                    40.43%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                    261             38,526,243.36                      35.09                      8.555                       358                      85.26                      93.47                        632                     39.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rate/Term                                                                    93             15,351,550.50                      13.98                      8.399                       359                      84.86                      90.67                        605                     41.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                          479            $72,206,646.91                     65.76%                     8.481%                       358                     83.49%                     86.66%                        593                    40.53%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation                                                         5              1,274,406.10                       1.16                      7.682                       359                      84.99                      87.77                        638                     45.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                        206             36,319,481.90                      33.08                      9.003                       358                      83.98                      88.96                        634                     39.80
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                           216            $43,522,840.62                     39.64%                     8.756%                       358                     84.31%                     88.19%                        615                    41.46%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                           17              4,443,824.16                       4.05                      7.643                       359                      83.60                      87.46                        631                     41.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                          352             48,077,381.37                      43.79                      8.534                       359                      83.29                      87.25                        599                     39.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                          105             13,756,488.76                      12.53                      9.003                       357                      82.99                      85.66                        607                     38.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 26


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                  685           $109,509,375.96                     99.73%                     8.640%                       358                     83.63%                     87.40%                        607                    40.34%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Lien                                                                   5                291,158.95                       0.27                     10.374                       358                     100.00                     100.00                        662                     41.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
less than or equal to 500                                                     3               $450,281.32                      0.41%                     9.396%                       359                     83.94%                     83.94%                        500                    32.77%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525                                                                    66              9,485,734.84                       8.64                      9.517                       358                      78.50                      79.37                        513                     40.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550                                                                    62              8,408,346.77                       7.66                      9.113                       358                      79.44                      79.91                        538                     40.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575                                                                    98             13,966,392.16                      12.72                      8.987                       358                      81.79                      82.43                        562                     40.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                    99             13,519,693.68                      12.31                      8.857                       358                      85.01                      85.99                        589                     40.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625                                                                   129             22,066,665.65                      20.10                      8.511                       358                      86.12                      90.55                        612                     41.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650                                                                   104             19,893,266.23                      18.12                      8.299                       358                      85.82                      91.06                        637                     39.99
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675                                                                    60             10,457,772.40                       9.52                      8.236                       359                      82.69                      91.03                        660                     39.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700                                                                    32              5,603,447.44                       5.10                      7.906                       358                      83.08                      89.32                        686                     38.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
701 - 725                                                                    15              2,835,529.93                       2.58                      8.621                       358                      86.63                      94.44                        712                     38.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
726 - 750                                                                    15              2,247,640.19                       2.05                      8.124                       359                      84.98                      98.21                        737                     42.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
751 - 775                                                                     3                514,386.38                       0.47                      8.000                       358                      76.36                      80.94                        757                     38.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
776 - 800                                                                     2                223,667.61                       0.20                      7.443                       359                      94.78                      94.78                        782                     35.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
801 - 825                                                                     2                127,710.31                       0.12                      7.825                       359                      80.00                      80.00                        812                     42.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 813
Weighted Average: 608


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                 19             $1,823,102.50                      1.66%                     8.537%                       353                     79.26%                     80.14%                        611                    14.47%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99                                                                38              5,599,931.77                       5.10                      8.589                       359                      81.95                      82.47                        616                     23.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                                60              8,080,331.66                       7.36                      8.686                       358                      80.48                      83.05                        602                     27.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                                81             11,009,347.02                      10.03                      8.988                       358                      84.84                      88.71                        605                     32.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                               118             19,251,371.63                      17.53                      8.748                       358                      83.25                      87.09                        610                     38.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                               152             26,135,977.65                      23.80                      8.600                       358                      85.29                      89.34                        611                     42.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                               195             32,879,395.38                      29.94                      8.592                       358                      84.09                      88.59                        607                     48.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                                27              5,021,077.30                       4.57                      8.118                       358                      80.22                      83.65                        586                     52.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                      690           $109,800,534.91                    100.00%                     8.645%                       358                     83.67%                     87.43%                        608                    40.35%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.22
Maximum: 55.00
Weighted Average: 40.35


first time homebuyer


Carrington Mortgage Loan Trust, Series 2006-NC5
First Time Homebuyer

1. Summary Statistics

Cut-Off Date: 12/1/2006
Number of Mortgage Loans: 1,936
Aggregate Principal Balance ($): 422,145,582
Weighted Average Current Mortgage Rate (%): 8.198
Weighted Average Margin (%): 6.159
Weighted Average Maximum Rate (%): 15.131
Weighted Average Months to Roll: 28
Weighted Average Stated Original Term (months): 359
Weighted Average Stated Remaining Term (months): 358
Weighted Average Combined Original LTV (%): 89.75
% First Liens: 98.66
% Owner Occupied: 92.60
% Purchase: 51.94
% Full Documentation: 55.16
Non-Zero Weighted Average FICO Score: 626


2. Product Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Product Type                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10 Fixed                                                                      1                $49,722.48                      0.01%                     7.725%                       119                     78.13%                     78.13%                        612                    23.75%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15 Fixed                                                                      7                916,786.46                       0.22                      8.249                       179                      63.78                      65.99                        582                     29.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20 Fixed                                                                      8                977,180.26                       0.23                      8.831                       239                      70.37                      70.37                        566                     36.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM                                                                     321             54,128,659.54                      12.82                      8.379                       359                      82.22                      92.64                        623                     40.98
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2/1 ARM 5Y-IO                                                               271             77,072,345.45                      18.26                      7.632                       359                      82.40                      95.61                        647                     41.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed                                                                    250             28,202,825.08                       6.68                      8.938                       358                      81.97                      85.02                        619                     38.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 5Y-IO                                                               20              4,451,633.89                       1.05                      7.726                       358                      83.07                      88.18                        641                     42.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM                                                                     189             38,535,338.94                       9.13                      8.938                       358                      85.25                      88.35                        601                     40.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3/1 ARM 5Y-IO                                                               160             52,888,451.44                      12.53                      7.407                       358                      83.66                      90.07                        649                     40.89
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2/1 ARM                                                               517            118,449,868.29                      28.06                      8.395                       359                      82.59                      86.62                        609                     41.84
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3/1 ARM                                                               106             25,922,526.93                       6.14                      8.259                       358                      81.70                      90.94                        630                     43.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed                                                                  86             20,550,243.57                       4.87                      8.326                       358                      79.84                      87.24                        651                     41.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


3. Current Gross Mortgage Rate (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Mortgage Rate (%)                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                19             $7,692,517.31                      1.82%                     5.887%                       359                     80.85%                     86.53%                        664                    38.36%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                58             19,240,866.33                       4.56                      6.352                       358                      79.35                      85.52                        664                     40.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               162             50,039,042.66                      11.85                      6.825                       357                      79.69                      90.22                        644                     41.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               200             54,414,901.87                      12.89                      7.319                       359                      80.94                      92.45                        649                     42.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               312             74,396,880.88                      17.62                      7.766                       358                      81.57                      91.56                        637                     41.41
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               253             54,015,372.25                      12.80                      8.283                       358                      82.57                      90.65                        626                     41.53
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               277             60,379,114.51                      14.30                      8.783                       357                      84.33                      89.60                        617                     40.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               223             41,438,107.43                       9.82                      9.282                       358                      84.46                      87.57                        596                     41.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              232             35,505,466.38                       8.41                      9.791                       357                      85.15                      86.42                        589                     40.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                              92             12,077,055.15                       2.86                     10.284                       358                      86.00                      88.33                        583                     40.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              77              9,341,674.78                       2.21                     10.717                       357                      88.25                      88.74                        591                     41.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                              18              2,208,615.22                       0.52                     11.243                       351                      90.36                      90.66                        613                     41.40
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                               8              1,030,136.02                       0.24                     11.628                       358                      85.85                      85.85                        576                     42.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               5                365,831.54                       0.09                     12.309                       342                      83.24                      83.24                        619                     38.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.625%
Maximum: 12.500%
Weighted Average: 8.198%


4. Current Unpaid Principal Balance ($)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Unpaid Principal Balance ($)                                      Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.01 - 50,000.00                                                             40             $1,622,737.97                      0.38%                    10.060%                       347                     88.31%                     88.31%                        619                    37.73%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00                                                      348             27,443,628.39                       6.50                      9.348                       357                      83.14                      87.34                        594                     37.39
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00                                                     381             47,702,151.01                      11.30                      8.716                       356                      82.24                      89.28                        610                     39.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00                                                     320             55,915,291.12                      13.25                      8.378                       358                      81.11                      87.92                        613                     40.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00                                                     243             54,400,696.51                      12.89                      8.230                       358                      80.57                      88.02                        617                     41.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00                                                     145             39,719,470.02                       9.41                      8.167                       358                      83.24                      89.96                        622                     41.16
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00                                                     128             41,399,751.80                       9.81                      8.157                       357                      82.96                      90.44                        624                     42.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00                                                     101             38,114,712.39                       9.03                      7.682                       358                      81.78                      90.97                        638                     42.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00                                                      83             35,160,267.30                       8.33                      7.948                       358                      86.07                      92.85                        648                     43.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00                                                      64             30,405,119.68                       7.20                      7.457                       358                      83.51                      90.18                        645                     43.00
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00                                                      33             17,350,350.65                       4.11                      7.783                       359                      82.66                      93.50                        643                     41.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00                                                      19             10,909,233.44                       2.58                      7.926                       359                      84.15                      89.20                        648                     43.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00                                                      15              9,364,724.49                       2.22                      7.972                       358                      84.52                      89.96                        661                     43.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00                                                       6              4,076,915.93                       0.97                      7.510                       359                      86.96                      90.40                        652                     41.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00                                                       5              3,635,927.30                       0.86                      8.481                       358                      74.17                      90.04                        670                     40.34
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00                                                       1                760,000.00                       0.18                      7.500                       358                      80.00                     100.00                        655                     49.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
950,000.01 - 1,000,000.00                                                     2              1,979,999.99                       0.47                      7.710                       359                      81.68                      98.74                        607                     35.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to                                         2              2,184,604.34                       0.52                      7.430                       359                      85.23                      85.23                        690                     22.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $29,989.41
Maximum: $1,146,734.19
Weighted Average: $218,050.40


5. Original Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Original Term (months)                                                    Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
61 - 120                                                                      1                $49,722.48                      0.01%                     7.725%                       119                     78.13%                     78.13%                        612                    23.75%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     7                916,786.46                       0.22                      8.249                       179                      63.78                      65.99                        582                     29.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240                                                                     8                977,180.26                       0.23                      8.831                       239                      70.37                      70.37                        566                     36.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                 1,920            420,201,893.13                      99.54                      8.196                       358                      82.66                      89.84                        626                     41.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 120
Maximum: 360
Weighted Average: 359


6. Remaining Term (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Remaining Term (months)                                                   Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
61 - 120                                                                      1                $49,722.48                      0.01%                     7.725%                       119                     78.13%                     78.13%                        612                    23.75%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180                                                                     7                916,786.46                       0.22                      8.249                       179                      63.78                      65.99                        582                     29.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240                                                                     8                977,180.26                       0.23                      8.831                       239                      70.37                      70.37                        566                     36.75
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360                                                                 1,920            420,201,893.13                      99.54                      8.196                       358                      82.66                      89.84                        626                     41.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 119
Maximum: 360
Weighted Average: 358


7. Combined Loan-to-Value Ratio (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Combined Loan-to-Value Ratio (%)                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.01 - 10.00                                                                  1                $49,990.87                      0.01%                     9.525%                       359                      7.87%                      7.87%                        502                    48.02%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.01 - 20.00                                                                 1                 49,993.67                       0.01                     10.725                       359                      17.54                      17.54                        548                     28.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.01 - 25.00                                                                 1                 97,959.68                       0.02                      6.725                       359                      21.08                      21.08                        662                     31.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00                                                                 1                119,925.79                       0.03                      8.400                       359                      26.67                      26.67                        558                     12.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00                                                                 6                830,597.57                       0.20                      8.074                       358                      33.19                      33.19                        600                     30.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00                                                                 3                582,408.54                       0.14                      7.023                       359                      38.23                      38.23                        580                     30.33
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00                                                                14              2,237,174.07                       0.53                      8.457                       351                      42.98                      42.98                        579                     29.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00                                                                12              1,693,863.55                       0.40                      7.784                       341                      47.95                      47.95                        602                     35.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00                                                                17              3,713,348.54                       0.88                      8.150                       358                      52.74                      52.74                        596                     33.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00                                                                27              4,613,064.20                       1.09                      7.836                       347                      58.35                      58.35                        584                     36.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00                                                                49              9,445,713.75                       2.24                      8.198                       353                      63.52                      63.52                        570                     40.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00                                                                44              9,066,255.74                       2.15                      7.976                       357                      68.90                      68.90                        600                     38.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00                                                                70             15,330,598.29                       3.63                      8.196                       359                      74.13                      74.13                        602                     38.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00                                                               166             33,451,541.66                       7.92                      8.295                       356                      79.55                      79.55                        597                     40.93
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00                                                               248             54,460,217.50                      12.90                      8.442                       358                      84.47                      84.50                        593                     41.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00                                                               364             81,027,205.90                      19.19                      8.539                       358                      89.57                      89.68                        620                     40.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00                                                               195             46,346,694.78                      10.98                      8.582                       358                      94.03                      94.89                        637                     42.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00                                                              717            159,029,028.23                      37.67                      7.837                       358                      81.30                      99.97                        654                     42.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 7.87%
Maximum: 100.00%
Weighted Average: 89.75%


8. Current Gross Margin (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Current Gross Margin (%)                                                  Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  372            $55,148,391.74                     13.06%                     8.598%                       353                     80.76%                     85.52%                        631                    39.73%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500                                                                 2                166,984.59                       0.04                      9.741                       359                      81.85                      81.85                        568                     41.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                               334             84,193,860.45                      19.94                      7.775                       358                      82.32                      91.12                        635                     42.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                             1,114            257,998,091.34                      61.12                      8.170                       358                      83.45                      91.23                        626                     41.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                                69             15,887,866.85                       3.76                      8.821                       358                      82.66                      83.30                        597                     42.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                                44              8,666,469.02                       2.05                      9.389                       358                      71.35                      71.40                        562                     38.44
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                                 1                 83,918.34                       0.02                      9.575                       358                      54.55                      54.55                        573                     42.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.400%
Maximum: 7.600%
Non-Zero Weighted Average: 6.159%


9. Minimum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Minimum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  372            $55,148,391.74                     13.06%                     8.598%                       353                     80.76%                     85.52%                        631                    39.73%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000                                                                10              3,494,345.51                       0.83                      5.853                       358                      82.05                      91.21                        664                     41.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500                                                                50             17,766,229.62                       4.21                      6.209                       359                      80.62                      87.17                        665                     39.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000                                                               145             46,468,098.12                      11.01                      6.820                       359                      80.16                      91.31                        643                     41.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500                                                               182             49,925,186.88                      11.83                      7.316                       359                      81.41                      93.59                        649                     42.72
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000                                                               277             66,425,793.65                      15.74                      7.758                       359                      81.90                      91.99                        636                     41.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500                                                               217             48,410,126.82                      11.47                      8.284                       359                      83.09                      90.86                        623                     41.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000                                                               233             52,231,884.78                      12.37                      8.783                       358                      84.71                      89.52                        612                     41.03
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500                                                               187             37,248,535.35                       8.82                      9.286                       358                      84.66                      87.78                        596                     41.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000                                                              161             29,050,811.04                       6.88                      9.787                       358                      85.15                      86.55                        588                     40.77
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500                                                              55              8,602,105.40                       2.04                     10.285                       358                      85.06                      87.99                        580                     41.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000                                                              39              6,060,270.08                       1.44                     10.712                       358                      88.30                      88.96                        586                     41.31
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500                                                               5                872,651.70                       0.21                     11.148                       357                      92.23                      92.98                        632                     36.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000                                                               2                378,437.04                       0.09                     11.550                       358                      98.51                      98.51                        640                     45.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500                                                               1                 62,714.60                       0.01                     12.100                       358                      65.00                      65.00                        652                     39.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.900%
Maximum: 12.100%
Non-Zero Weighted Average: 8.141%


10. Maximum Mortgage Rates (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Maximum Mortgage Rates (%)                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  372            $55,148,391.74                     13.06%                     8.598%                       353                     80.76%                     85.52%                        631                    39.73%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000                                                              20              7,863,372.94                       1.86                      5.908                       359                      81.00                      86.55                        664                     38.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500                                                              43             13,831,911.79                       3.28                      6.309                       359                      80.66                      88.23                        666                     40.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000                                                             148             46,873,900.18                      11.10                      6.835                       359                      80.11                      91.27                        641                     41.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500                                                             180             49,703,364.16                      11.77                      7.317                       359                      81.48                      93.72                        649                     42.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000                                                             275             66,105,717.38                      15.66                      7.763                       359                      81.93                      92.05                        637                     41.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500                                                             220             48,973,696.46                      11.60                      8.295                       359                      83.12                      90.80                        622                     41.58
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000                                                             232             52,052,418.24                      12.33                      8.785                       358                      84.71                      89.49                        612                     41.08
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500                                                             185             36,868,739.63                       8.73                      9.292                       358                      84.62                      87.84                        596                     41.68
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000                                                             161             29,371,184.72                       6.96                      9.804                       358                      85.14                      86.44                        587                     40.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500                                                              54              8,418,331.48                       1.99                     10.282                       358                      85.17                      87.83                        582                     41.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000                                                              38              5,620,750.27                       1.33                     10.693                       358                      88.71                      89.43                        589                     41.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500                                                               5                872,651.70                       0.21                     11.148                       357                      92.23                      92.98                        632                     36.36
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000                                                               2                378,437.04                       0.09                     11.550                       358                      98.51                      98.51                        640                     45.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
19.001 - 19.500                                                               1                 62,714.60                       0.01                     12.100                       358                      65.00                      65.00                        652                     39.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 12.625%
Maximum: 19.100%
Non-Zero Weighted Average: 15.131%


11. Initial Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Cap (%)                                                           Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  372            $55,148,391.74                     13.06%                     8.598%                       353                     80.76%                     85.52%                        631                    39.73%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                            13              2,268,390.76                       0.54                      9.041                       358                      82.10                      86.48                        566                     42.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2                                                                         1,551            364,728,799.83                      86.40                      8.132                       358                      82.87                      90.41                        626                     41.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 2.000%
Non-Zero Weighted Average: 1.994%


12. Periodic Cap (%)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Periodic Cap (%)                                                          Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  372            $55,148,391.74                     13.06%                     8.598%                       353                     80.76%                     85.52%                        631                    39.73%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1                                                                            14              2,417,496.42                       0.57                      9.073                       358                      82.58                      86.70                        570                     42.30
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.5                                                                       1,550            364,579,694.17                      86.36                      8.131                       358                      82.87                      90.41                        626                     41.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.000%
Maximum: 1.500%
Non-Zero Weighted Average: 1.497%


13. Initial Interest Rate Adjustment Date

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Initial Interest Rate Adjustment Date                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed Rate                                                                  372            $55,148,391.74                     13.06%                     8.598%                       353                     80.76%                     85.52%                        631                    39.73%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2008                                                                      3                853,517.59                       0.20                      8.673                       355                      82.46                      92.61                        621                     42.59
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2008                                                                      7              1,379,099.65                       0.33                      8.630                       356                      86.07                      93.68                        587                     45.63
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2008                                                                     44             11,543,310.60                       2.73                      9.066                       357                      84.91                      89.99                        605                     42.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2008                                                                   329             76,413,812.47                      18.10                      8.076                       358                      83.25                      92.88                        632                     41.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2008                                                                   719            157,571,612.97                      37.33                      8.125                       359                      81.88                      89.60                        621                     41.47
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2008                                                                     7              1,889,520.00                       0.45                      7.877                       360                      80.00                      95.10                        644                     45.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7/1/2009                                                                      1                342,000.00                       0.08                      9.250                       355                      90.00                      90.00                        601                     33.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8/1/2009                                                                     26              5,465,592.56                       1.29                      8.883                       356                      80.00                      83.07                        606                     38.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9/1/2009                                                                    120             30,045,341.22                       7.12                      8.714                       357                      86.36                      89.81                        616                     42.54
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10/1/2009                                                                    48             11,717,672.12                       2.78                      8.376                       358                      84.57                      90.31                        633                     41.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11/1/2009                                                                   252             67,949,251.01                      16.10                      7.720                       359                      82.72                      90.06                        636                     41.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12/1/2009                                                                     8              1,826,460.40                       0.43                      7.694                       360                      83.87                      90.38                        617                     41.02
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


14. State

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
State                                                                     Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AK                                                                            5             $1,428,518.04                      0.34%                     7.833%                       359                     83.39%                     94.11%                        614                    47.18%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL                                                                           20              2,252,689.56                       0.53                      9.467                       358                      84.51                      88.37                        585                     38.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR                                                                           16              2,125,106.11                       0.50                      8.216                       358                      81.81                      98.89                        647                     38.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ                                                                           64             12,889,630.14                       3.05                      8.353                       356                      81.28                      86.78                        618                     40.50
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA                                                                          353            116,993,247.66                      27.71                      7.672                       359                      81.03                      90.14                        643                     41.60
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO                                                                           20              3,550,801.77                       0.84                      8.354                       358                      86.46                      92.56                        601                     43.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT                                                                           18              2,994,048.56                       0.71                      8.366                       358                      81.78                      88.28                        612                     40.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC                                                                            1                519,186.25                       0.12                      7.250                       358                      80.00                     100.00                        741                     10.42
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE                                                                            6              1,011,208.14                       0.24                      8.190                       358                      79.93                      87.52                        586                     41.14
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL                                                                          198             38,514,537.99                       9.12                      8.284                       356                      81.66                      87.69                        620                     40.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA                                                                           55              8,204,640.68                       1.94                      8.725                       358                      83.53                      91.21                        608                     38.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI                                                                           27              9,027,747.48                       2.14                      7.562                       358                      81.76                      90.71                        645                     44.56
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA                                                                           11              1,686,096.05                       0.40                      8.541                       359                      88.28                      92.42                        633                     43.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID                                                                            5                717,764.74                       0.17                      8.175                       358                      67.86                      79.62                        611                     33.22
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL                                                                           89             17,077,561.64                       4.05                      8.596                       358                      85.17                      89.36                        612                     41.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN                                                                           19              1,945,259.80                       0.46                      9.327                       359                      89.72                      90.31                        595                     40.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS                                                                           10                923,511.40                       0.22                      9.661                       358                      85.62                      91.03                        575                     38.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY                                                                            9                896,517.94                       0.21                      8.583                       359                      82.87                      88.08                        585                     38.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
LA                                                                            7                567,212.91                       0.13                      8.103                       341                      75.82                      85.93                        621                     34.27
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA                                                                           51             14,841,556.90                       3.52                      8.446                       357                      83.40                      87.40                        634                     41.07
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD                                                                           75             17,998,574.40                       4.26                      8.253                       359                      83.52                      89.31                        611                     42.28
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME                                                                           13              2,268,390.76                       0.54                      9.041                       358                      82.10                      86.48                        566                     42.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI                                                                           45              4,752,845.24                       1.13                      9.043                       359                      83.92                      89.24                        599                     39.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN                                                                           40              6,714,076.78                       1.59                      8.452                       359                      83.95                      94.98                        628                     40.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO                                                                           12              1,233,321.55                       0.29                      8.841                       358                      83.72                      91.07                        621                     32.37
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MS                                                                            8                988,150.99                       0.23                     10.002                       340                      88.45                      89.55                        567                     33.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MT                                                                            5                768,141.79                       0.18                      8.593                       358                      80.74                      97.78                        606                     38.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC                                                                           13              2,120,228.01                       0.50                      8.776                       351                      84.89                      89.86                        636                     37.90
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ND                                                                            1                 94,719.99                       0.02                      8.575                       359                      80.00                     100.00                        629                     35.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE                                                                            6                496,697.26                       0.12                      9.985                       359                      92.64                      94.30                        572                     41.55
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH                                                                            2                490,871.31                       0.12                      8.526                       359                      92.37                      92.37                        650                     44.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ                                                                          107             30,703,492.40                       7.27                      8.442                       358                      84.96                      90.85                        634                     42.73
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM                                                                           20              3,796,448.40                       0.90                      8.877                       358                      82.51                      84.22                        580                     40.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV                                                                           30              6,592,122.87                       1.56                      8.008                       359                      82.41                      92.63                        619                     39.19
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY                                                                          103             35,743,647.48                       8.47                      8.039                       358                      83.17                      91.22                        643                     44.04
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH                                                                           39              4,322,901.63                       1.02                      8.974                       358                      88.51                      90.60                        584                     38.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK                                                                           11              1,260,349.38                       0.30                      9.345                       358                      86.99                      94.37                        623                     40.35
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR                                                                           21              4,112,239.15                       0.97                      8.196                       359                      83.51                      89.24                        630                     41.65
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA                                                                           66              9,277,999.78                       2.20                      8.522                       359                      83.61                      88.90                        609                     40.74
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI                                                                           11              2,848,395.46                       0.67                      7.873                       359                      79.70                      86.69                        616                     43.15
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC                                                                           32              4,632,594.36                       1.10                      8.781                       358                      82.87                      87.50                        586                     38.85
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SD                                                                            1                115,359.27                       0.03                      8.800                       359                      95.00                      95.00                        584                     25.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN                                                                           21              2,632,489.76                       0.62                      9.125                       358                      85.39                      94.35                        599                     41.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX                                                                          163             18,846,171.19                       4.46                      8.920                       353                      82.09                      89.63                        604                     39.78
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT                                                                           15              2,915,183.52                       0.69                      8.004                       359                      78.60                      90.78                        651                     35.76
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA                                                                           23              4,435,306.04                       1.05                      8.180                       359                      76.53                      81.23                        593                     41.46
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA                                                                           37              9,732,077.32                       2.31                      7.727                       358                      83.51                      89.08                        626                     37.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI                                                                           29              3,811,455.85                       0.90                      8.808                       358                      84.00                      89.61                        591                     39.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV                                                                            2                207,718.64                       0.05                      7.530                       359                      81.23                      98.73                        615                     45.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WY                                                                            1                 66,767.99                       0.02                      9.625                       359                      80.00                      80.00                        510                     20.96
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 50


15. Occupancy

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Occupancy                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Investment Property                                                         123            $23,355,947.57                      5.53%                     8.912%                       358                     85.47%                     85.66%                        654                    39.84%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Primary Residence                                                         1,774            390,898,708.56                      92.60                      8.145                       358                      82.40                      89.90                        624                     41.26
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home                                                                  39              7,890,926.20                       1.87                      8.685                       358                      83.74                      94.43                        664                     44.52
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


16. Property Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Property Type                                                             Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
One Family                                                                1,407           $296,300,633.45                     70.19%                     8.198%                       358                     82.20%                     88.90%                        621                    41.00%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Detached                                                                213             47,298,442.91                      11.20                      8.096                       358                      84.11                      92.82                        626                     40.61
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2-4 Unit                                                                    124             37,639,268.34                       8.92                      8.233                       358                      82.59                      89.73                        650                     43.51
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo                                                                       138             28,968,963.96                       6.86                      8.258                       358                      83.45                      92.57                        647                     41.13
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Pud-Attached                                                                 53             11,710,123.67                       2.77                      8.342                       358                      84.30                      91.96                        622                     42.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Modular Home                                                                  1                228,150.00                       0.05                      7.990                       358                      74.80                      74.80                        617                     47.83
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


17. Loan Purpose

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Loan Purpose                                                              Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase                                                                  1,018           $219,253,623.17                     51.94%                     8.184%                       358                     83.40%                     96.20%                        643                    42.02%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out                                                                    774            171,941,670.05                      40.73                      8.234                       357                      81.25                      81.51                        606                     40.17
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Rate/Term                                                                   144             30,950,289.11                       7.33                      8.096                       358                      84.28                      89.77                        615                     41.70
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


18. Documentation Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Documentation Type                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Full Documentation                                                        1,177           $232,861,380.99                     55.16%                     7.955%                       358                     82.78%                     89.29%                        612                    40.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation                                                        26              6,878,010.51                       1.63                      7.787                       359                      79.20                      87.46                        625                     40.43
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation                                                        733            182,406,190.83                      43.21                      8.523                       358                      82.48                      90.41                        644                     42.25
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


19. Prepayment Penalty Terms (months)

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Prepayment Penalty Terms (months)                                         Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0                                                                           657           $144,311,477.28                     34.19%                     8.687%                       358                     83.61%                     89.00%                        623                    41.48%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12                                                                          108             36,079,174.92                       8.55                      8.071                       358                      82.61                      91.05                        638                     43.23
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24                                                                          826            171,249,777.36                      40.57                      7.968                       359                      81.93                      90.50                        622                     41.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36                                                                          345             70,505,152.77                      16.70                      7.818                       356                      82.10                      88.77                        638                     40.32
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0
Maximum: 36
Non-Zero Weighted Average: 25


20. Lien Type

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Lien Type                                                                 Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
First Lien                                                                1,852           $416,507,627.86                     98.66%                     8.169%                       358                     82.36%                     89.61%                        625                    41.26%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Lien                                                                  84              5,637,954.47                       1.34                     10.294                       358                      99.97                      99.97                        672                     40.05
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


21. Credit Score Range

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Credit Score Range                                                        Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
less than or equal to 500                                                     5               $572,931.74                      0.14%                     9.179%                       358                     82.25%                     85.63%                        500                    44.81%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525                                                                   118             19,556,591.71                       4.63                      9.333                       356                      77.36                      78.99                        513                     41.91
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550                                                                   144             24,096,531.15                       5.71                      9.282                       355                      79.04                      80.39                        538                     39.79
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575                                                                   232             40,068,729.88                       9.49                      8.921                       358                      80.69                      81.48                        562                     40.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600                                                                   212             41,700,955.90                       9.88                      8.420                       357                      84.64                      86.51                        590                     41.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625                                                                   352             77,231,907.97                      18.30                      8.021                       358                      82.62                      90.53                        612                     41.12
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650                                                                   338             76,338,053.26                      18.08                      7.995                       358                      83.70                      92.88                        638                     42.01
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675                                                                   270             70,593,003.12                      16.72                      7.874                       358                      82.68                      93.38                        661                     41.09
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700                                                                   123             30,882,747.08                       7.32                      7.721                       359                      83.59                      94.85                        688                     41.64
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
701 - 725                                                                    73             20,634,375.89                       4.89                      7.677                       359                      84.08                      94.03                        711                     41.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
726 - 750                                                                    47             15,320,461.06                       3.63                      7.755                       358                      84.13                      95.20                        737                     40.92
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
751 - 775                                                                    16              3,654,702.46                       0.87                      7.517                       359                      82.92                      92.41                        756                     39.24
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
776 - 800                                                                     5              1,303,391.11                       0.31                      7.888                       358                      81.64                      95.10                        780                     35.66
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
801 - 825                                                                     1                191,200.00                       0.05                      8.225                       358                      80.00                     100.00                        804                     35.81
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 804
Weighted Average: 626


22. Back Ratio

- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                       % of Mortgage                   Weighted                  Weighted
                                                                                                                        Loan Pool by                    Average                   Average                                              Weighted
                                                                      Number of                 Aggregate                  Aggregate                      Gross                 Remaining                   Weighted                    Average                   Weighted                  Weighted
                                                                       Mortgage              Cut-Off Date               Cut-Off Date                   Interest                      Term                    Average                   Combined                    Average                   Average
Back Ratio                                                                Loans         Principal Balance          Principal Balance                       Rate                   (months)              Original LTV               Original LTV                       FICO                       DTI
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.00 - 19.99                                                                 42             $7,062,144.32                      1.67%                     7.918%                       356                     77.43%                     82.26%                        643                    15.01%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99                                                                67             12,288,007.17                       2.91                      8.203                       356                      78.21                      85.63                        616                     22.71
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99                                                               127             21,435,940.85                       5.08                      8.359                       357                      80.16                      83.64                        618                     27.87
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99                                                               219             39,434,291.99                       9.34                      8.284                       355                      80.82                      86.36                        618                     32.86
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99                                                               338             71,045,780.72                      16.83                      8.175                       358                      82.11                      88.83                        629                     37.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99                                                               464            106,350,681.44                      25.19                      8.181                       358                      83.41                      91.34                        632                     42.69
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99                                                               654            159,288,601.52                      37.73                      8.192                       358                      83.69                      91.61                        625                     47.88
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 55.00                                                                25              5,240,134.32                       1.24                      8.082                       355                      79.54                      83.39                        587                     52.29
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total:                                                                    1,936           $422,145,582.33                    100.00%                     8.198%                       358                     82.59%                     89.75%                        626                    41.24%
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 2.96
Maximum: 54.78
Weighted Average: 41.24
Carrington Mortgage Loan Trust, Series 2006-NC5 Inactive FWPFree writing prospectus
