Carrington Mortgage Loan Trust, Series 2007-FRE1 Inactive
Filed: 19 Mar 07, 12:00am
Filed Pursuant to Rule 433
Registration No. 333-139507
Carrington Mortgage Loan Trust, Series 2007-FRE1
Asset-Backed Pass-Through Certificates
Stanwich Asset Acceptance Company, L.L.C.
Depositor
Carrington Securities, LP
Sponsor
Fremont Investment & Loan
Originator and Servicer
Wells Fargo Bank, N.A.
Trustee
Bear, Stearns & Co. Inc.
Lead Manager
J.P. Morgan Securities Inc.
Co-Manager
Carrington Investment Services, LLC
Selected Dealer
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 (including, but not limited to,
the prior Free Writing Prospectuses for the Carrington Mortgage Loan Trust,
Series 2007-FRE1, filed February 20, 2007 and February 22, 2007). 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. 333-139507
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.
2007-FRE1
Carrington Capital Management, LLC
Aggregate
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 4,039
Aggregate Principal Balance ($): 1,034,567,380
Weighted Average Current Mortgage Rate (%): 8.122
Weighted Average Margin (%): 5.644
Weighted Average Maximum Rate (%): 14.205
Weighted Average Original Months to Roll: 28
Weighted Average Stated Original Term (months): 359
Weighted Average Stated Remaining Term (months): 356
Weighted Average Combined Original LTV (%): 82.28
% First Liens: 98.64
% Owner Occupied: 93.97
% Purchase: 23.99
% Full Documentation: 62.10
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10 Fixed 4 $175,811.46 0.02% 10.787% 117 100.00% 100.00% 650 32.84%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15 Fixed 34 2,854,368.02 0.28 8.372 176 78.78 78.78 593 36.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20 Fixed 6 998,539.04 0.10 7.806 237 75.84 75.84 631 42.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 778 162,961,580.15 15.75 8.919 356 78.33 81.43 580 40.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 5YR-IO 65 24,340,486.00 2.35 6.801 356 80.15 83.30 647 42.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 658 104,101,076.87 10.06 8.043 356 78.25 79.46 622 39.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 419 88,570,604.55 8.56 8.758 356 77.92 81.24 590 39.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 3YR-IO 40 16,693,452.00 1.61 6.400 356 81.56 83.30 647 42.21
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 5YR-IO 48 17,705,786.00 1.71 6.591 356 80.86 84.08 647 41.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2YR-ARM 167 46,569,245.07 4.50 8.308 356 78.19 81.65 598 40.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3YR-ARM 138 44,241,706.52 4.28 7.841 356 83.11 83.60 614 42.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed 106 29,559,612.10 2.86 7.239 356 80.45 80.72 632 43.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 2YR-ARM 1,010 314,719,190.98 30.42 8.135 356 80.92 83.57 609 41.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 3YR-ARM 387 126,241,671.22 12.20 7.937 356 81.94 83.41 612 42.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 5YR-ARM 6 1,984,660.06 0.19 8.539 356 79.33 79.33 598 38.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 Fixed 156 47,316,579.61 4.57 7.340 356 79.28 81.10 633 41.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5YR-ARM 10 3,084,609.99 0.30 7.662 356 78.92 79.44 605 37.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5YR-ARM 5YR-IO 7 2,448,400.00 0.24 6.312 357 81.77 81.77 666 41.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 8 $3,238,068.12 0.31% 5.414% 356 80.06% 81.85% 656 41.02%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 66 25,244,304.81 2.44 5.883 356 77.37 78.76 653 41.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 238 85,574,115.19 8.27 6.344 356 77.58 79.11 651 41.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 449 151,308,428.78 14.63 6.840 356 79.20 81.55 636 40.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 387 119,167,800.97 11.52 7.334 356 80.27 82.55 629 40.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 516 151,972,785.96 14.69 7.800 354 79.83 82.65 613 41.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 451 121,953,984.36 11.79 8.325 356 81.86 84.34 602 41.42
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 586 143,281,002.52 13.85 8.806 356 81.95 84.58 590 41.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 377 85,753,864.91 8.29 9.295 356 80.74 83.44 577 41.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 399 74,925,610.11 7.24 9.792 355 80.22 82.40 565 40.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 169 26,927,955.57 2.60 10.295 356 77.81 80.11 560 41.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 137 18,803,092.34 1.82 10.775 354 77.07 77.51 557 40.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 130 11,418,768.70 1.10 11.348 355 82.18 82.83 584 39.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 66 7,478,904.70 0.72 11.769 354 71.85 72.42 558 39.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 42 5,006,533.59 0.48 12.330 355 70.71 70.71 563 36.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 17 2,386,267.87 0.23 12.721 353 65.84 65.84 551 41.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 1 125,891.14 0.01 13.325 356 100.00 100.00 609 47.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.250%
Maximum: 13.325%
Weighted Average: 8.122%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 - 50,000.00 133 $4,492,729.61 0.43% 10.976% 334 95.43% 95.43% 637 34.80%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 500 39,244,482.71 3.79 9.568 354 82.00 84.70 598 37.42
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 632 79,066,403.80 7.64 8.938 355 78.39 81.87 594 38.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 632 110,233,443.70 10.66 8.433 355 77.76 80.20 600 39.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00 514 115,757,994.12 11.19 8.296 356 78.54 80.64 596 40.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00 370 101,819,180.35 9.84 8.192 356 78.43 80.87 603 40.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 287 93,525,948.36 9.04 7.950 356 79.72 81.59 609 41.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00 259 97,154,753.33 9.39 7.808 356 81.00 83.71 614 41.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00 171 72,408,083.68 7.00 7.947 356 80.77 82.97 613 41.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00 138 65,836,862.83 6.36 7.804 356 80.76 82.59 612 43.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00 125 65,555,687.55 6.34 7.813 356 82.39 84.27 615 42.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00 91 52,401,891.14 5.07 7.745 354 82.20 83.98 617 41.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00 55 34,298,650.03 3.32 7.717 353 82.29 84.20 618 41.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00 47 31,781,861.57 3.07 7.717 356 81.79 84.70 616 40.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00 32 23,305,058.95 2.25 7.637 356 82.73 84.16 620 44.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00 30 23,769,005.22 2.30 7.889 356 77.81 79.67 610 42.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
800,000.01 - 850,000.00 2 1,685,528.81 0.16 6.350 357 79.41 79.41 639 47.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
850,000.01 - 900,000.00 3 2,631,521.96 0.25 6.784 356 78.70 78.70 622 35.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
900,000.01 - 950,000.00 1 915,383.13 0.09 7.750 356 77.47 77.47 586 37.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
950,000.01 - 1,000,000.00 5 4,884,181.27 0.47 6.780 356 76.53 81.50 651 47.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to 12 13,798,727.52 1.33 6.752 356 76.68 80.13 655 37.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $14,886.94
Maximum: $1,359,280.48
Weighted Average: $256,144.44
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 4 $175,811.46 0.02% 10.787% 117 100.00% 100.00% 650 32.84%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180 34 2,854,368.02 0.28 8.372 176 78.78 78.78 593 36.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 6 998,539.04 0.10 7.806 237 75.84 75.84 631 42.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 3,995 1,030,538,661.12 99.61 8.121 356 79.98 82.29 608 41.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 120 Months
Maximum: 360 Months
Weighted Average: 359 Months
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 4 $175,811.46 0.02% 10.787% 117 100.00% 100.00% 650 32.84%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180 34 2,854,368.02 0.28 8.372 176 78.78 78.78 593 36.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 6 998,539.04 0.10 7.806 237 75.84 75.84 631 42.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 3,995 1,030,538,661.12 99.61 8.121 356 79.98 82.29 608 41.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 116 Months
Maximum: 357 Months
Weighted Average: 356 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.01 - 20.00 3 $235,592.44 0.02% 8.636% 356 17.08% 17.08% 613 28.98%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.01 - 25.00 3 354,161.06 0.03 7.289 357 22.99 22.99 615 42.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00 6 710,173.52 0.07 9.091 356 28.59 28.59 566 38.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00 8 1,429,865.09 0.14 8.903 356 31.78 31.78 569 37.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00 15 2,900,728.47 0.28 7.678 356 37.65 37.65 590 40.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00 28 5,753,943.82 0.56 7.964 357 43.40 43.40 599 37.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 56 10,539,452.63 1.02 8.230 354 47.58 47.58 604 39.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 61 13,023,486.04 1.26 8.459 356 52.38 52.38 586 42.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 77 17,242,234.28 1.67 7.949 355 58.16 58.16 597 39.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 188 47,728,811.43 4.61 8.232 355 63.40 63.40 597 40.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 247 59,727,557.55 5.77 8.496 356 68.84 68.84 590 40.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 334 91,233,251.52 8.82 8.233 356 73.96 73.96 591 41.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 941 268,084,169.90 25.91 8.104 355 79.48 79.50 598 40.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 417 122,504,867.82 11.84 7.730 356 84.07 84.41 612 41.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 690 205,067,373.26 19.82 7.922 356 89.43 89.67 620 41.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 161 40,865,319.20 3.95 8.175 356 91.24 94.62 620 44.04
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 804 147,166,391.61 14.22 8.473 355 85.32 99.91 629 40.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 16.29%
Maximum: 100.00%
Weighted Average: 82.28%
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 964 $185,005,987.10 17.88% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2.501 - 3.000 4 1,577,568.12 0.15 5.323 356 83.93 87.61 651 43.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.001 - 3.500 38 14,451,933.31 1.40 5.757 356 78.32 80.50 654 40.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.501 - 4.000 104 41,642,504.09 4.03 6.183 356 78.11 80.00 651 42.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 206 75,811,748.38 7.33 6.700 356 79.93 83.05 640 41.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 308 108,885,074.92 10.52 7.195 356 80.08 82.34 628 40.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 447 135,181,726.14 13.07 7.747 356 80.36 83.08 616 41.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 443 122,754,075.71 11.87 8.278 356 81.26 83.90 602 41.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 498 125,089,968.88 12.09 8.700 356 82.14 84.75 591 41.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 1,027 224,166,792.99 21.67 9.716 356 79.10 81.55 569 41.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 2.863%
Maximum: 6.990%
Non-Zero Weighted Average: 5.644%
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 964 $185,005,987.10 17.88% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 8 3,238,068.12 0.31 5.414 356 80.06 81.85 656 41.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 59 23,128,144.81 2.24 5.874 356 78.11 79.63 652 42.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 125 49,607,680.29 4.80 6.324 356 78.93 80.99 647 42.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 276 101,869,725.60 9.85 6.851 356 79.96 82.86 635 40.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 289 96,591,255.20 9.34 7.336 356 80.69 83.27 628 40.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 424 130,165,419.79 12.58 7.798 356 80.12 83.12 614 41.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 397 111,417,958.20 10.77 8.323 356 82.07 84.66 601 41.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 524 133,982,840.41 12.95 8.806 356 82.35 85.08 590 41.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 345 80,183,958.65 7.75 9.296 356 80.98 83.55 577 41.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 313 67,189,481.43 6.49 9.786 356 79.98 82.26 563 40.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 116 21,083,646.76 2.04 10.305 356 76.31 78.96 551 41.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 76 13,126,311.64 1.27 10.758 356 73.23 73.81 539 40.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 48 6,422,882.65 0.62 11.305 356 69.58 70.65 542 41.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 38 5,425,237.48 0.52 11.785 356 63.63 64.42 539 39.21
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 28 4,010,274.76 0.39 12.325 356 63.48 63.48 551 39.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 9 2,118,506.75 0.20 12.717 356 62.33 62.33 541 41.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.250%
Maximum: 12.800%
Non-Zero Weighted Average: 8.205%
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 964 $185,005,987.10 17.88% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 8 3,238,068.12 0.31 5.414 356 80.06 81.85 656 41.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 59 23,128,144.81 2.24 5.874 356 78.11 79.63 652 42.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 125 49,607,680.29 4.80 6.324 356 78.93 80.99 647 42.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 276 101,869,725.60 9.85 6.851 356 79.96 82.86 635 40.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 289 96,591,255.20 9.34 7.336 356 80.69 83.27 628 40.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 424 130,165,419.79 12.58 7.798 356 80.12 83.12 614 41.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500 397 111,417,958.20 10.77 8.323 356 82.07 84.66 601 41.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000 524 133,982,840.41 12.95 8.806 356 82.35 85.08 590 41.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500 345 80,183,958.65 7.75 9.296 356 80.98 83.55 577 41.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000 313 67,189,481.43 6.49 9.786 356 79.98 82.26 563 40.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500 116 21,083,646.76 2.04 10.305 356 76.31 78.96 551 41.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000 76 13,126,311.64 1.27 10.758 356 73.23 73.81 539 40.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500 48 6,422,882.65 0.62 11.305 356 69.58 70.65 542 41.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000 38 5,425,237.48 0.52 11.785 356 63.63 64.42 539 39.21
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500 28 4,010,274.76 0.39 12.325 356 63.48 63.48 551 39.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000 9 2,118,506.75 0.20 12.717 356 62.33 62.33 541 41.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 11.250%
Maximum: 18.800%
Non-Zero Weighted Average: 14.205%
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 964 $185,005,987.10 17.88% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 3,075 849,561,392.54 82.12 8.204 356 80.21 82.76 604 41.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%
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 964 $185,005,987.10 17.88% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 3,075 849,561,392.54 82.12 8.204 356 80.21 82.76 604 41.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 964 $185,005,987.10 17.88% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
April, 2008 1 172,201.07 0.02 8.100 348 80.00 100.00 603 50.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
May, 2008 1 181,600.00 0.02 7.990 349 80.00 100.00 691 44.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
June, 2008 1 126,700.13 0.01 9.260 350 80.00 100.00 634 40.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
July, 2008 6 746,627.51 0.07 9.338 351 79.28 89.63 630 40.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
August, 2008 2 257,209.26 0.02 7.652 352 80.00 100.00 654 49.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2008 27 6,484,023.18 0.63 9.131 353 78.93 84.67 587 42.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2008 51 15,251,310.08 1.47 8.385 354 79.48 84.82 595 42.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2008 129 40,759,681.65 3.94 8.375 355 80.02 82.52 590 43.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2008 1,106 300,413,886.66 29.04 8.385 356 80.18 83.34 602 40.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2009 696 184,197,262.66 17.80 8.174 357 79.45 81.53 602 41.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2009 3 957,964.28 0.09 7.122 353 81.55 97.67 642 42.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2009 25 7,520,999.17 0.73 9.391 354 76.88 79.23 574 41.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2009 74 25,139,079.78 2.43 8.095 355 79.53 81.65 611 40.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2009 586 164,331,141.86 15.88 7.984 356 81.09 83.25 612 41.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2010 344 95,504,035.20 9.23 7.907 357 80.98 82.52 608 41.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2011 13 4,911,666.72 0.47 7.557 356 80.71 81.03 622 37.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2012 10 2,606,003.33 0.25 7.258 357 78.54 78.54 624 40.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 $474,791.07 0.05% 8.325% 356 80.00% 80.00% 558 34.68%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL 9 846,927.99 0.08 9.808 356 84.75 87.39 589 36.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR 7 1,015,755.59 0.10 7.916 356 85.94 85.94 598 37.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ 88 20,103,876.06 1.94 8.158 356 81.53 83.30 607 40.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA 684 261,582,097.43 25.28 7.569 355 79.19 81.20 621 41.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO 41 9,203,504.85 0.89 8.041 356 82.28 86.75 617 42.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT 70 16,378,750.17 1.58 8.276 356 81.03 81.41 600 39.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC 31 9,029,442.36 0.87 8.242 356 76.00 78.12 585 38.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE 16 3,247,982.23 0.31 7.845 356 81.88 81.88 607 37.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL 508 112,067,356.40 10.83 8.366 356 79.39 81.52 598 40.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA 118 20,993,290.83 2.03 8.484 355 83.17 87.87 606 41.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI 33 13,096,833.21 1.27 7.957 356 81.13 83.77 617 41.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA 4 583,349.46 0.06 8.827 356 81.30 81.30 580 42.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID 20 3,091,755.04 0.30 8.085 348 84.42 87.37 620 38.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL 214 42,814,075.31 4.14 8.607 356 80.53 84.51 608 41.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN 33 3,300,664.96 0.32 9.248 356 84.76 87.84 601 40.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS 15 2,273,820.36 0.22 9.436 356 82.83 85.63 570 38.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY 9 1,997,631.80 0.19 7.819 356 84.72 85.92 630 39.04
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA 164 42,962,276.13 4.15 8.405 356 79.96 82.64 609 41.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD 333 84,082,976.30 8.13 8.227 356 80.64 82.23 597 41.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME 7 719,391.69 0.07 9.614 356 75.16 77.45 564 43.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI 23 3,330,330.21 0.32 8.852 356 80.38 81.49 565 40.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN 40 8,204,278.71 0.79 8.409 356 85.28 89.34 602 41.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO 23 2,171,961.53 0.21 9.180 354 84.93 92.09 613 42.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC 75 12,621,689.90 1.22 8.647 356 83.30 87.91 601 38.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE 3 319,741.97 0.03 9.668 356 90.50 92.75 573 40.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH 17 3,242,799.51 0.31 8.285 356 80.72 80.72 608 40.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ 206 61,380,986.12 5.93 8.590 355 79.29 80.95 602 42.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM 23 4,236,362.86 0.41 8.494 352 78.26 83.66 612 40.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV 30 7,662,614.51 0.74 8.615 356 80.94 84.63 588 41.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY 376 143,598,172.55 13.88 7.961 356 78.46 80.38 613 42.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH 38 4,197,121.78 0.41 8.580 354 85.17 91.17 614 38.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK 9 1,236,403.95 0.12 8.257 344 84.52 85.78 595 41.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR 27 4,421,195.89 0.43 7.971 356 84.79 87.24 625 37.04
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 122 16,592,162.12 1.60 8.845 356 80.62 82.38 592 38.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI 33 6,651,864.21 0.64 8.471 356 79.44 84.88 606 41.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC 32 4,981,623.45 0.48 8.655 353 83.44 85.91 597 35.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN 37 4,409,172.02 0.43 8.824 356 85.81 89.44 603 34.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX 210 32,434,157.96 3.14 8.051 353 79.66 83.16 606 39.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT 16 2,750,495.62 0.27 8.501 356 84.17 86.21 601 38.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA 138 31,113,724.39 3.01 8.507 356 79.30 81.21 591 40.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VT 3 505,685.04 0.05 7.782 356 80.91 85.77 667 43.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA 68 17,687,853.98 1.71 7.822 356 82.44 84.70 603 41.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI 78 10,138,495.60 0.98 8.568 356 85.45 89.44 609 38.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV 5 717,445.75 0.07 9.181 356 68.77 68.77 572 39.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WY 1 94,490.77 0.01 12.150 356 70.00 70.00 547 35.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 46
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 258 $53,636,249.05 5.18% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 3,746 972,166,766.26 93.97 8.085 356 80.11 82.35 607 41.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home 35 8,764,364.33 0.85 8.368 356 80.47 81.67 609 40.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Single Family 3,311 $825,539,737.27 79.80% 8.104% 356 80.15% 82.34% 606 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Multi Family 536 170,683,898.43 16.50 8.125 356 78.83 81.35 616 42.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo 191 38,191,181.02 3.69 8.486 355 81.11 85.00 610 40.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Manufactured 1 152,562.92 0.01 9.750 354 90.00 100.00 569 52.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 2,795 $756,876,850.16 73.16% 8.031% 356 78.52% 79.05% 604 41.19%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase 1,134 248,239,249.46 23.99 8.415 356 84.29 92.15 620 40.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Refinance 110 29,451,280.02 2.85 7.966 353 80.97 82.02 608 40.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 2,637 $642,470,431.54 62.10% 7.846% 355 80.60% 82.47% 605 40.49%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation 50 14,271,171.59 1.38 7.937 356 81.31 84.33 608 39.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation 1,352 377,825,776.51 36.52 8.597 356 78.85 81.87 613 42.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 1,367 $311,790,216.95 30.14% 8.533% 355 80.23% 82.46% 603 41.21%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 550 191,447,471.74 18.51 7.952 356 79.73 81.83 615 41.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 1,347 346,684,447.27 33.51 8.209 356 80.29 82.93 601 40.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 10 2,126,306.05 0.21 8.763 357 84.95 84.95 591 35.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 765 182,518,937.63 17.64 7.423 354 79.11 81.16 623 40.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 24 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1 3,799 $1,020,451,124.23 98.64% 8.080% 356 79.70% 82.04% 608 41.13%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2 240 14,116,255.41 1.36 11.113 347 99.74 99.74 642 35.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 4 $807,763.51 0.08% 9.846% 356 71.42% 71.42% 500 30.73%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525 267 56,292,534.90 5.44 9.917 356 73.87 74.35 514 41.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550 349 79,058,017.55 7.64 9.347 353 75.31 76.09 538 40.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575 579 139,489,984.69 13.48 8.802 356 78.44 79.94 562 41.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600 539 135,819,522.11 13.13 8.422 356 79.64 81.30 589 40.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625 798 211,758,465.32 20.47 7.910 356 81.56 83.57 612 41.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650 788 204,763,033.01 19.79 7.633 356 81.45 85.59 639 41.04
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675 483 140,056,894.64 13.54 7.208 356 81.86 84.84 662 40.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700 232 66,521,163.91 6.43 7.188 355 81.08 83.64 686 39.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 699
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 - 19.99 175 $34,772,786.11 3.36% 8.146% 356 81.81% 83.66% 616 14.92%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99 135 25,595,736.68 2.47 8.345 356 79.50 81.46 602 22.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99 258 56,090,191.27 5.42 8.175 355 78.28 80.40 609 27.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99 412 91,996,734.75 8.89 8.073 354 78.79 80.78 608 32.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99 659 161,901,142.46 15.65 8.155 356 78.90 81.89 607 37.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99 935 252,695,211.09 24.43 8.158 356 79.62 81.83 608 42.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99 1,268 364,997,422.16 35.28 8.057 356 81.16 83.02 610 47.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 54.99 196 46,402,538.80 4.49 8.208 356 79.63 84.95 595 52.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.00 - 59.99 1 115,616.32 0.01 7.000 356 64.44 64.44 628 55.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 4,039 $1,034,567,379.64 100.00% 8.122% 356 79.97% 82.28% 608 41.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 3.47%
Maximum: 55.00%
Weighted Average: 41.06%
2007-FRE1
Carrington Capital Management, LLC
Adjustable Rate Loans
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 3,075
Aggregate Principal Balance ($): 849,561,393
Weighted Average Current Mortgage Rate (%): 8.204
Weighted Average Margin (%): 5.644
Weighted Average Maximum Rate (%): 14.205
Weighted Average Original Months to Roll: 28
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 356
Weighted Average Combined Original LTV (%): 82.76
% First Liens: 100.00
% Owner Occupied: 93.37
% Purchase: 25.30
% Full Documentation: 58.76
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 778 $162,961,580.15 19.18% 8.919% 356 78.33% 81.43% 580 40.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 5YR-IO 65 24,340,486.00 2.87 6.801 356 80.15 83.30 647 42.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 419 88,570,604.55 10.43 8.758 356 77.92 81.24 590 39.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 3YR-IO 40 16,693,452.00 1.96 6.400 356 81.56 83.30 647 42.21
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 5YR-IO 48 17,705,786.00 2.08 6.591 356 80.86 84.08 647 41.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2YR-ARM 167 46,569,245.07 5.48 8.308 356 78.19 81.65 598 40.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3YR-ARM 138 44,241,706.52 5.21 7.841 356 83.11 83.60 614 42.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 2YR-ARM 1,010 314,719,190.98 37.04 8.135 356 80.92 83.57 609 41.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 3YR-ARM 387 126,241,671.22 14.86 7.937 356 81.94 83.41 612 42.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 5YR-ARM 6 1,984,660.06 0.23 8.539 356 79.33 79.33 598 38.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5YR-ARM 10 3,084,609.99 0.36 7.662 356 78.92 79.44 605 37.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5YR-ARM 5YR-IO 7 2,448,400.00 0.29 6.312 357 81.77 81.77 666 41.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 8 $3,238,068.12 0.38% 5.414% 356 80.06% 81.85% 656 41.02%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 59 23,128,144.81 2.72 5.874 356 78.11 79.63 652 42.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 125 49,607,680.29 5.84 6.324 356 78.93 80.99 647 42.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 276 101,869,725.60 11.99 6.851 356 79.96 82.86 635 40.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 289 96,591,255.20 11.37 7.336 356 80.69 83.27 628 40.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 424 130,165,419.79 15.32 7.798 356 80.12 83.12 614 41.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 397 111,805,785.64 13.16 8.323 356 82.10 84.72 602 41.42
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 524 133,595,012.97 15.73 8.808 356 82.32 85.03 590 41.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 345 80,183,958.65 9.44 9.296 356 80.98 83.55 577 41.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 313 67,189,481.43 7.91 9.786 356 79.98 82.26 563 40.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 116 21,083,646.76 2.48 10.305 356 76.31 78.96 551 41.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 76 13,126,311.64 1.55 10.758 356 73.23 73.81 539 40.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 48 6,422,882.65 0.76 11.305 356 69.58 70.65 542 41.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 38 5,425,237.48 0.64 11.785 356 63.63 64.42 539 39.21
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 28 4,010,274.76 0.47 12.325 356 63.48 63.48 551 39.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 9 2,118,506.75 0.25 12.717 356 62.33 62.33 541 41.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.250%
Maximum: 12.800%
Weighted Average: 8.204%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 $299,651.07 0.04% 10.892% 356 61.71% 61.71% 592 27.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 308 24,421,905.57 2.87 9.465 356 79.02 82.60 583 37.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 474 59,508,749.29 7.00 9.055 356 78.49 82.83 589 39.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 487 84,999,750.14 10.01 8.642 356 78.44 81.43 593 40.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00 425 96,144,867.80 11.32 8.436 356 78.90 81.25 592 40.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00 304 83,511,237.10 9.83 8.359 356 79.33 81.97 598 40.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 239 77,865,621.58 9.17 8.112 356 80.19 82.35 604 41.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00 211 79,236,557.50 9.33 7.938 356 81.44 84.47 611 41.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00 147 62,272,519.09 7.33 8.082 356 80.90 83.47 610 41.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00 117 55,840,694.80 6.57 7.932 356 81.48 82.99 608 43.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00 109 57,220,289.79 6.74 7.934 356 82.50 84.29 613 43.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00 82 47,243,160.60 5.56 7.779 356 82.35 84.32 616 41.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00 52 32,467,116.74 3.82 7.756 356 82.33 83.97 617 41.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00 41 27,675,786.71 3.26 7.752 356 82.16 84.89 614 40.21
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00 27 19,676,134.53 2.32 7.784 356 82.42 84.11 615 44.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00 28 22,188,251.51 2.61 7.975 356 77.66 79.65 609 42.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
800,000.01 - 850,000.00 1 836,508.72 0.10 5.700 357 85.00 85.00 638 49.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
850,000.01 - 900,000.00 3 2,631,521.96 0.31 6.784 356 78.70 78.70 622 35.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
950,000.01 - 1,000,000.00 4 3,927,451.09 0.46 6.763 356 75.69 81.87 651 47.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to 10 11,593,616.95 1.36 6.834 356 76.05 79.68 651 42.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $49,905.63
Maximum: $1,359,280.48
Weighted Average: $276,280.13
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 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 360 Months
Maximum: 360 Months
Weighted Average: 360 Months
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 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 348 Months
Maximum: 357 Months
Weighted Average: 356 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.01 - 20.00 1 $49,960.78 0.01% 12.450% 357 20.00% 20.00% 599 31.57%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00 4 560,454.89 0.07 9.155 356 29.02 29.02 566 37.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00 7 1,290,060.97 0.15 8.807 356 31.66 31.66 574 38.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00 9 1,962,209.38 0.23 7.372 356 37.85 37.85 587 42.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00 16 3,352,386.71 0.39 8.601 357 43.43 43.43 582 36.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 37 6,543,639.60 0.77 8.880 356 47.75 47.75 591 38.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 44 10,079,934.55 1.19 8.556 356 52.48 52.48 582 43.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 54 12,191,908.56 1.44 8.337 356 57.83 57.83 587 39.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 134 37,217,426.33 4.38 8.386 356 63.39 63.39 592 40.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 208 50,495,313.85 5.94 8.681 356 68.87 68.87 585 40.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 251 71,324,756.35 8.40 8.436 356 74.03 74.03 584 41.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 760 219,036,755.81 25.78 8.271 356 79.52 79.53 592 40.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 322 100,992,833.42 11.89 7.800 356 84.07 84.43 608 42.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 581 178,428,493.98 21.00 7.995 356 89.48 89.71 618 41.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 123 33,916,863.73 3.99 8.283 356 90.83 94.67 615 44.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 524 122,118,393.63 14.37 8.228 356 83.92 99.91 627 41.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 20.00%
Maximum: 100.00%
Weighted Average: 82.76%
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2.501 - 3.000 4 $1,577,568.12 0.19% 5.323% 356 83.93% 87.61% 651 43.49%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.001 - 3.500 38 14,451,933.31 1.70 5.757 356 78.32 80.50 654 40.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.501 - 4.000 104 41,642,504.09 4.90 6.183 356 78.11 80.00 651 42.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 206 75,811,748.38 8.92 6.700 356 79.93 83.05 640 41.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 308 108,885,074.92 12.82 7.195 356 80.08 82.34 628 40.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 447 135,181,726.14 15.91 7.747 356 80.36 83.08 616 41.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 443 122,754,075.71 14.45 8.278 356 81.26 83.90 602 41.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 498 125,089,968.88 14.72 8.700 356 82.14 84.75 591 41.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 1,027 224,166,792.99 26.39 9.716 356 79.10 81.55 569 41.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 2.863%
Maximum: 6.990%
Non-Zero Weighted Average: 5.644%
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 8 $3,238,068.12 0.38% 5.414% 356 80.06% 81.85% 656 41.02%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 59 23,128,144.81 2.72 5.874 356 78.11 79.63 652 42.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 125 49,607,680.29 5.84 6.324 356 78.93 80.99 647 42.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 276 101,869,725.60 11.99 6.851 356 79.96 82.86 635 40.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 289 96,591,255.20 11.37 7.336 356 80.69 83.27 628 40.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 424 130,165,419.79 15.32 7.798 356 80.12 83.12 614 41.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 397 111,417,958.20 13.11 8.323 356 82.07 84.66 601 41.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 524 133,982,840.41 15.77 8.806 356 82.35 85.08 590 41.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 345 80,183,958.65 9.44 9.296 356 80.98 83.55 577 41.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 313 67,189,481.43 7.91 9.786 356 79.98 82.26 563 40.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 116 21,083,646.76 2.48 10.305 356 76.31 78.96 551 41.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 76 13,126,311.64 1.55 10.758 356 73.23 73.81 539 40.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 48 6,422,882.65 0.76 11.305 356 69.58 70.65 542 41.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 38 5,425,237.48 0.64 11.785 356 63.63 64.42 539 39.21
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 28 4,010,274.76 0.47 12.325 356 63.48 63.48 551 39.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 9 2,118,506.75 0.25 12.717 356 62.33 62.33 541 41.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.250%
Maximum: 12.800%
Non-Zero Weighted Average: 8.205%
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 8 $3,238,068.12 0.38% 5.414% 356 80.06% 81.85% 656 41.02%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 59 23,128,144.81 2.72 5.874 356 78.11 79.63 652 42.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 125 49,607,680.29 5.84 6.324 356 78.93 80.99 647 42.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 276 101,869,725.60 11.99 6.851 356 79.96 82.86 635 40.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 289 96,591,255.20 11.37 7.336 356 80.69 83.27 628 40.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 424 130,165,419.79 15.32 7.798 356 80.12 83.12 614 41.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500 397 111,417,958.20 13.11 8.323 356 82.07 84.66 601 41.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000 524 133,982,840.41 15.77 8.806 356 82.35 85.08 590 41.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500 345 80,183,958.65 9.44 9.296 356 80.98 83.55 577 41.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000 313 67,189,481.43 7.91 9.786 356 79.98 82.26 563 40.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500 116 21,083,646.76 2.48 10.305 356 76.31 78.96 551 41.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000 76 13,126,311.64 1.55 10.758 356 73.23 73.81 539 40.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500 48 6,422,882.65 0.76 11.305 356 69.58 70.65 542 41.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000 38 5,425,237.48 0.64 11.785 356 63.63 64.42 539 39.21
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500 28 4,010,274.76 0.47 12.325 356 63.48 63.48 551 39.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000 9 2,118,506.75 0.25 12.717 356 62.33 62.33 541 41.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 11.250%
Maximum: 18.800%
Non-Zero Weighted Average: 14.205%
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
April, 2008 1 $172,201.07 0.02% 8.100% 348 80.00% 100.00% 603 50.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
May, 2008 1 181,600.00 0.02 7.990 349 80.00 100.00 691 44.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
June, 2008 1 126,700.13 0.01 9.260 350 80.00 100.00 634 40.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
July, 2008 6 746,627.51 0.09 9.338 351 79.28 89.63 630 40.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
August, 2008 2 257,209.26 0.03 7.652 352 80.00 100.00 654 49.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2008 27 6,484,023.18 0.76 9.131 353 78.93 84.67 587 42.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2008 51 15,251,310.08 1.80 8.385 354 79.48 84.82 595 42.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2008 129 40,759,681.65 4.80 8.375 355 80.02 82.52 590 43.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2008 1,106 300,413,886.66 35.36 8.385 356 80.18 83.34 602 40.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2009 696 184,197,262.66 21.68 8.174 357 79.45 81.53 602 41.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2009 3 957,964.28 0.11 7.122 353 81.55 97.67 642 42.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2009 25 7,520,999.17 0.89 9.391 354 76.88 79.23 574 41.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2009 74 25,139,079.78 2.96 8.095 355 79.53 81.65 611 40.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2009 586 164,331,141.86 19.34 7.984 356 81.09 83.25 612 41.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2010 344 95,504,035.20 11.24 7.907 357 80.98 82.52 608 41.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2011 13 4,911,666.72 0.58 7.557 356 80.71 81.03 622 37.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2012 10 2,606,003.33 0.31 7.258 357 78.54 78.54 624 40.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 $474,791.07 0.06% 8.325% 356 80.00% 80.00% 558 34.68%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL 7 669,172.73 0.08 10.126 356 82.57 85.91 572 34.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR 5 770,998.04 0.09 8.172 356 85.13 85.13 590 37.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ 74 17,701,649.30 2.08 8.221 356 81.74 83.75 607 40.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA 557 225,829,495.47 26.58 7.610 356 79.57 81.75 619 41.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO 29 6,939,075.79 0.82 8.224 356 82.27 84.39 608 42.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT 52 12,700,463.33 1.49 8.608 356 80.20 80.69 590 39.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC 23 7,653,547.57 0.90 7.943 356 77.00 79.51 593 38.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE 13 2,784,463.77 0.33 7.936 356 82.33 82.33 604 37.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL 378 90,663,812.30 10.67 8.511 356 80.14 82.47 593 39.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA 92 18,129,853.25 2.13 8.511 356 82.62 88.06 604 41.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI 23 9,554,923.66 1.12 8.121 356 82.47 84.88 611 40.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA 4 583,349.46 0.07 8.827 356 81.30 81.30 580 42.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID 12 1,981,327.85 0.23 8.205 356 85.96 87.99 622 37.21
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL 171 37,145,398.50 4.37 8.680 356 80.31 84.85 604 41.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN 25 2,462,010.72 0.29 8.939 356 84.88 88.19 604 39.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS 12 2,031,283.89 0.24 9.566 356 82.47 85.60 565 38.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY 7 1,750,103.16 0.21 7.889 356 84.36 85.74 628 40.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA 120 35,263,798.24 4.15 8.437 356 79.21 82.00 605 42.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD 269 72,158,571.94 8.49 8.243 356 81.24 83.01 596 41.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME 5 554,682.89 0.07 9.843 356 82.30 85.26 565 45.70
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI 21 3,125,841.73 0.37 8.904 356 80.46 81.64 563 40.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN 29 6,852,131.88 0.81 8.476 356 85.50 90.28 594 41.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO 16 1,617,408.06 0.19 9.452 356 83.65 90.02 606 43.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC 58 10,491,470.50 1.23 8.654 356 81.93 87.48 596 37.70
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE 3 319,741.97 0.04 9.668 356 90.50 92.75 573 40.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH 13 2,499,812.14 0.29 8.491 356 81.51 81.51 599 40.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ 168 51,586,686.29 6.07 8.742 356 79.15 81.12 597 42.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM 20 3,741,729.03 0.44 8.367 356 77.08 83.20 608 40.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV 28 7,531,832.66 0.89 8.575 356 80.61 84.36 587 41.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY 279 111,343,212.26 13.11 8.119 356 78.96 81.29 607 42.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH 24 3,211,102.76 0.38 8.430 356 84.63 91.46 611 38.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK 5 813,422.88 0.10 8.432 357 81.70 81.70 579 45.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR 21 3,895,533.92 0.46 7.989 356 84.70 87.49 623 36.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 90 13,203,521.38 1.55 8.961 356 80.30 82.53 587 38.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI 23 5,031,708.51 0.59 8.846 356 79.30 86.49 593 42.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC 25 4,327,342.19 0.51 8.597 356 84.26 86.91 599 34.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN 25 3,367,327.91 0.40 8.757 356 84.88 89.63 598 33.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX 102 16,485,230.83 1.94 8.225 356 80.13 84.53 595 39.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT 12 2,182,896.88 0.26 8.741 357 84.03 86.61 588 39.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA 110 25,901,410.94 3.05 8.617 356 78.89 81.01 584 40.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VT 2 474,964.80 0.06 7.542 356 80.00 85.18 669 43.04
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA 54 14,449,472.08 1.70 8.005 356 82.54 85.03 594 41.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI 64 8,778,197.70 1.03 8.579 356 85.09 88.45 606 38.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV 2 432,129.54 0.05 9.489 356 83.34 83.34 574 39.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WY 1 94,490.77 0.01 12.150 356 70.00 70.00 547 35.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 46
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 221 $48,368,118.93 5.69% 8.766% 356 77.28% 81.29% 617 39.80%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 2,821 793,203,758.04 93.37 8.169 356 80.39 82.86 603 41.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home 33 7,989,515.57 0.94 8.355 356 80.41 81.73 605 39.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Single Family 2,523 $678,987,506.20 79.92% 8.194% 356 80.42% 82.78% 602 40.85%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Multi Family 403 137,588,737.58 16.20 8.200 356 78.98 81.96 612 42.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo 148 32,832,585.84 3.86 8.435 356 80.95 85.48 610 40.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Manufactured 1 152,562.92 0.02 9.750 354 90.00 100.00 569 52.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 2,146 $614,874,891.13 72.38% 8.150% 356 78.86% 79.40% 600 41.22%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase 851 214,926,620.90 25.30 8.350 356 83.96 92.40 617 41.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Refinance 78 19,759,880.51 2.33 8.302 356 81.52 82.29 600 39.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 1,917 $499,178,497.95 58.76% 7.946% 356 80.96% 83.01% 600 40.49%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation 38 11,846,742.32 1.39 7.975 356 82.30 85.73 604 38.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation 1,120 338,536,152.27 39.85 8.594 356 79.02 82.28 611 42.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 1,042 $261,985,394.96 30.84% 8.592% 356 80.15% 82.70% 600 41.39%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 432 155,350,467.37 18.29 8.067 356 80.39 82.84 611 41.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 1,250 334,403,862.20 39.36 8.178 356 80.12 82.79 600 40.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 8 1,621,924.81 0.19 8.923 356 84.11 84.11 582 32.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 343 96,199,743.20 11.32 7.452 356 80.31 82.65 618 41.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 23 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 4 $807,763.51 0.10% 9.846% 356 71.42% 71.42% 500 30.73%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525 247 52,451,872.30 6.17 9.890 356 74.17 74.69 514 41.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550 312 72,284,704.95 8.51 9.361 356 75.39 76.22 538 40.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575 502 125,927,543.80 14.82 8.804 356 79.05 80.65 562 41.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600 449 117,657,430.70 13.85 8.454 356 80.11 81.83 589 40.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625 602 174,289,983.41 20.52 7.989 356 82.26 84.49 612 41.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650 497 152,835,987.41 17.99 7.604 356 81.36 86.38 639 41.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675 312 105,642,763.43 12.43 7.190 356 82.20 85.66 663 40.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700 150 47,663,343.03 5.61 7.330 356 82.01 85.21 685 39.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 699
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 - 19.99 105 $25,925,021.95 3.05% 8.140% 356 81.12% 83.22% 605 14.85%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99 98 21,885,061.33 2.58 8.279 356 79.39 81.68 599 22.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99 202 47,534,417.74 5.60 8.228 356 78.95 81.45 604 27.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99 315 73,734,017.67 8.68 8.218 356 79.08 81.46 605 32.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99 501 131,517,858.66 15.48 8.241 356 79.54 82.96 606 37.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99 718 204,619,764.37 24.09 8.281 356 79.58 82.00 603 42.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99 989 308,789,610.95 36.35 8.113 356 81.37 83.33 606 47.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 54.99 147 35,555,639.87 4.19 8.365 356 80.10 86.14 588 53.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 3,075 $849,561,392.54 100.00% 8.204% 356 80.21% 82.76% 604 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 3.47%
Maximum: 54.99%
Weighted Average: 41.16%
2007-FRE1
Carrington Capital Management, LLC
Fixed Rate Loans
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 964
Aggregate Principal Balance ($): 185,005,987
Weighted Average Current Mortgage Rate (%): 7.741
Weighted Average Margin (%): 0.000
Weighted Average Maximum Rate (%): 0.000
Weighted Average Original Months to Roll: 0
Weighted Average Stated Original Term (months): 356
Weighted Average Stated Remaining Term (months): 353
Weighted Average Combined Original LTV (%): 80.07
% First Liens: 92.37
% Owner Occupied: 96.73
% Purchase: 18.01
% Full Documentation: 77.45
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 4 $175,811.46 0.10% 10.787% 117 100.00% 100.00% 650 32.84%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15 Fixed 34 2,854,368.02 1.54 8.372 176 78.78 78.78 593 36.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20 Fixed 6 998,539.04 0.54 7.806 237 75.84 75.84 631 42.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 658 104,101,076.87 56.27 8.043 356 78.25 79.46 622 39.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed 106 29,559,612.10 15.98 7.239 356 80.45 80.72 632 43.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 Fixed 156 47,316,579.61 25.58 7.340 356 79.28 81.10 633 41.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 964 $185,005,987.10 100.00% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 7 $2,116,160.00 1.14% 5.990% 357 69.32% 69.32% 664 32.98%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 113 35,966,434.90 19.44 6.372 355 75.73 76.51 656 40.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 173 49,438,703.18 26.72 6.819 356 77.64 78.87 637 41.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 98 22,576,545.77 12.20 7.324 354 78.44 79.48 633 41.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 92 21,807,366.17 11.79 7.815 344 78.11 79.89 604 40.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 54 10,148,198.72 5.49 8.351 348 79.18 80.17 613 41.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 62 9,685,989.55 5.24 8.785 355 76.80 78.42 590 40.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 32 5,569,906.26 3.01 9.275 354 77.37 81.84 580 42.37
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 86 7,736,128.68 4.18 9.844 346 82.32 83.64 585 40.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 53 5,844,308.81 3.16 10.258 356 83.24 84.27 592 39.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 61 5,676,780.70 3.07 10.814 349 85.94 86.08 598 39.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 82 4,995,886.05 2.70 11.404 353 98.38 98.48 639 37.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 28 2,053,667.22 1.11 11.726 351 93.55 93.55 609 39.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 14 996,258.83 0.54 12.352 353 99.81 99.81 613 25.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 8 267,761.12 0.14 12.756 332 93.60 93.60 630 39.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 1 125,891.14 0.07 13.325 356 100.00 100.00 609 47.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 964 $185,005,987.10 100.00% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.990%
Maximum: 13.325%
Weighted Average: 7.741%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 - 50,000.00 127 $4,193,078.54 2.27% 10.982% 332 97.84% 97.84% 640 35.30%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 192 14,822,577.14 8.01 9.737 351 86.91 88.16 623 37.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 158 19,557,654.51 10.57 8.583 349 78.07 78.98 612 38.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 145 25,233,693.56 13.64 7.730 353 75.47 76.08 621 39.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00 89 19,613,126.32 10.60 7.608 355 76.79 77.64 616 41.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00 66 18,307,943.25 9.90 7.434 356 74.32 75.88 626 41.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 48 15,660,326.78 8.46 7.140 356 77.38 77.79 635 41.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00 48 17,918,195.83 9.69 7.233 354 79.07 80.37 630 43.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00 24 10,135,564.59 5.48 7.120 356 79.95 79.95 627 45.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00 21 9,996,168.03 5.40 7.091 356 76.69 80.33 634 43.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00 16 8,335,397.76 4.51 6.983 356 81.58 84.17 633 39.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00 9 5,158,730.54 2.79 7.439 336 80.83 80.83 623 40.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00 3 1,831,533.29 0.99 7.031 296 81.53 88.17 631 43.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00 6 4,106,074.86 2.22 7.482 356 79.25 83.45 631 41.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00 5 3,628,924.42 1.96 6.838 356 84.45 84.45 647 44.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00 2 1,580,753.71 0.85 6.677 356 80.00 80.00 618 41.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
800,000.01 - 850,000.00 1 849,020.09 0.46 6.990 357 73.91 73.91 639 44.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
900,000.01 - 950,000.00 1 915,383.13 0.49 7.750 356 77.47 77.47 586 37.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
950,000.01 - 1,000,000.00 1 956,730.18 0.52 6.850 356 80.00 80.00 648 48.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to 2 2,205,110.57 1.19 6.324 356 80.00 82.53 680 15.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 964 $185,005,987.10 100.00% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $14,886.94
Maximum: $1,115,715.88
Weighted Average: $191,914.92
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 4 $175,811.46 0.10% 10.787% 117 100.00% 100.00% 650 32.84%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180 34 2,854,368.02 1.54 8.372 176 78.78 78.78 593 36.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 6 998,539.04 0.54 7.806 237 75.84 75.84 631 42.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 920 180,977,268.58 97.82 7.728 356 78.88 80.09 626 40.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 964 $185,005,987.10 100.00% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 120 Months
Maximum: 360 Months
Weighted Average: 356 Months
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 4 $175,811.46 0.10% 10.787% 117 100.00% 100.00% 650 32.84%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180 34 2,854,368.02 1.54 8.372 176 78.78 78.78 593 36.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 6 998,539.04 0.54 7.806 237 75.84 75.84 631 42.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 920 180,977,268.58 97.82 7.728 356 78.88 80.09 626 40.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 964 $185,005,987.10 100.00% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 116 Months
Maximum: 357 Months
Weighted Average: 353 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.01 - 20.00 2 $185,631.66 0.10% 7.609% 356 16.30% 16.30% 616 28.29%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.01 - 25.00 3 354,161.06 0.19 7.289 357 22.99 22.99 615 42.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00 2 149,718.63 0.08 8.850 357 26.99 26.99 565 40.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00 1 139,804.12 0.08 9.790 357 32.94 32.94 526 31.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00 6 938,519.09 0.51 8.320 356 37.23 37.23 597 37.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00 12 2,401,557.11 1.30 7.075 357 43.36 43.36 623 37.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 19 3,995,813.03 2.16 7.166 351 47.31 47.31 626 39.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 17 2,943,551.49 1.59 8.126 356 52.06 52.06 601 40.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 23 5,050,325.72 2.73 7.013 351 58.96 58.96 621 38.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 54 10,511,385.10 5.68 7.684 348 63.43 63.43 616 42.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 39 9,232,243.70 4.99 7.481 356 68.66 68.66 616 37.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 83 19,908,495.17 10.76 7.506 354 73.71 73.71 614 41.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 181 49,047,414.09 26.51 7.358 349 79.30 79.35 622 40.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 95 21,512,034.40 11.63 7.403 356 84.05 84.33 629 39.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 109 26,638,879.28 14.40 7.432 356 89.09 89.40 636 42.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 38 6,948,455.47 3.76 7.650 352 93.21 94.39 648 43.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 280 25,047,997.98 13.54 9.668 351 92.14 99.91 637 39.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 964 $185,005,987.10 100.00% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 16.29%
Maximum: 100.00%
Weighted Average: 80.07%
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 2 $177,755.26 0.10% 8.613% 356 92.99% 92.99% 652 45.18%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR 2 244,757.55 0.13 7.107 357 88.52 88.52 624 36.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ 14 2,402,226.76 1.30 7.691 356 79.98 79.98 612 41.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA 127 35,752,601.96 19.33 7.316 348 76.75 77.73 635 39.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO 12 2,264,429.06 1.22 7.480 356 82.28 93.95 642 41.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT 18 3,678,286.84 1.99 7.129 355 83.89 83.89 634 37.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC 8 1,375,894.79 0.74 9.908 356 70.40 70.40 536 40.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE 3 463,518.46 0.25 7.301 357 79.16 79.16 627 32.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL 130 21,403,544.10 11.57 7.749 355 76.22 77.50 619 41.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA 26 2,863,437.58 1.55 8.313 347 86.70 86.70 625 41.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI 10 3,541,909.55 1.91 7.514 356 77.53 80.76 633 44.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID 8 1,110,427.19 0.60 7.871 333 81.68 86.27 617 40.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL 43 5,668,676.81 3.06 8.127 356 81.93 82.27 633 41.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN 8 838,654.24 0.45 10.155 356 84.42 86.83 592 42.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS 3 242,536.47 0.13 8.344 356 85.86 85.86 616 45.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY 2 247,528.64 0.13 7.322 356 87.26 87.26 645 25.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA 44 7,698,477.89 4.16 8.260 355 83.40 85.58 628 40.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD 64 11,924,404.36 6.45 8.134 357 77.00 77.51 605 41.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME 2 164,708.80 0.09 8.842 357 51.13 51.13 562 37.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI 2 204,488.48 0.11 8.066 356 79.13 79.13 590 41.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN 11 1,352,146.83 0.73 8.069 356 84.15 84.55 643 40.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO 7 554,553.47 0.30 8.387 349 88.66 98.12 632 38.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC 17 2,130,219.40 1.15 8.615 353 90.04 90.04 625 43.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH 4 742,987.37 0.40 7.593 356 78.06 78.06 638 42.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ 38 9,794,299.83 5.29 7.789 350 80.06 80.06 631 40.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM 3 494,633.83 0.27 9.455 316 87.19 87.19 639 37.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV 2 130,781.85 0.07 10.922 356 100.00 100.00 643 22.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY 97 32,254,960.29 17.43 7.415 355 76.74 77.22 631 41.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH 14 986,019.02 0.53 9.071 348 86.94 90.25 623 37.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK 4 422,981.07 0.23 7.920 318 89.95 93.63 626 34.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR 6 525,661.97 0.28 7.838 356 85.44 85.44 635 38.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 32 3,388,640.74 1.83 8.394 353 81.83 81.83 611 39.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI 10 1,620,155.70 0.88 7.308 356 79.88 79.88 644 36.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC 7 654,281.26 0.35 9.041 330 78.03 79.25 582 36.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN 12 1,041,844.11 0.56 9.041 356 88.81 88.81 619 34.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX 108 15,948,927.13 8.62 7.871 350 79.17 81.75 616 39.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT 4 567,598.74 0.31 7.576 356 84.70 84.70 651 34.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA 28 5,212,313.45 2.82 7.959 355 81.33 82.20 624 40.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VT 1 30,720.24 0.02 11.500 357 95.00 95.00 641 46.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA 14 3,238,381.90 1.75 7.006 356 81.98 83.22 643 43.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI 14 1,360,297.90 0.74 8.494 351 87.76 95.86 629 37.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV 3 285,316.21 0.15 8.714 356 46.71 46.71 570 38.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 964 $185,005,987.10 100.00% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 42
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 37 $5,268,130.12 2.85% 8.459% 352 78.89% 79.37% 640 38.22%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 925 178,963,008.22 96.73 7.717 353 78.87 80.08 625 40.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home 2 774,848.76 0.42 8.493 356 81.04 81.04 657 49.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 964 $185,005,987.10 100.00% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Single Family 788 $146,552,231.07 79.21% 7.686% 352 78.92% 80.28% 625 40.39%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Multi Family 133 33,095,160.85 17.89 7.815 354 78.18 78.81 633 42.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo 43 5,358,595.18 2.90 8.801 350 82.06 82.06 610 36.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 964 $185,005,987.10 100.00% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 649 $142,001,959.03 76.76% 7.516% 353 77.04% 77.50% 623 41.04%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase 283 33,312,628.56 18.01 8.835 353 86.43 90.59 638 38.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Refinance 32 9,691,399.51 5.24 7.281 345 79.85 81.45 624 41.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 964 $185,005,987.10 100.00% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 720 $143,291,933.59 77.45% 7.498% 352 79.34% 80.59% 625 40.51%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation 12 2,424,429.27 1.31 7.750 356 76.51 77.50 624 42.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation 232 39,289,624.24 21.24 8.629 354 77.35 78.33 630 40.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 964 $185,005,987.10 100.00% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0 325 $49,804,821.99 26.92% 8.224% 351 80.67% 81.18% 619 40.29%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 118 36,097,004.37 19.51 7.460 354 76.87 77.53 632 42.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 97 12,280,585.07 6.64 9.054 353 85.03 86.65 621 39.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 2 504,381.24 0.27 8.248 357 87.63 87.63 619 46.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 422 86,319,194.43 46.66 7.391 353 77.76 79.51 628 40.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 964 $185,005,987.10 100.00% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 28 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1 724 $170,889,731.69 92.37% 7.463% 353 77.16% 78.44% 624 40.99%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2 240 14,116,255.41 7.63 11.113 347 99.74 99.74 642 35.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 964 $185,005,987.10 100.00% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525 20 $3,840,662.60 2.08% 10.288% 356 69.79% 69.79% 517 43.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550 37 6,773,312.60 3.66 9.206 325 74.43 74.73 537 40.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575 77 13,562,440.89 7.33 8.785 351 72.76 73.43 561 40.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600 90 18,162,091.41 9.82 8.211 355 76.58 77.90 589 40.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625 196 37,468,481.91 20.25 7.542 354 78.29 79.26 612 41.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650 291 51,927,045.60 28.07 7.717 354 81.71 83.24 639 40.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675 171 34,414,131.21 18.60 7.262 354 80.85 82.33 662 40.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700 82 18,857,820.88 10.19 6.829 352 78.73 79.67 688 39.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 964 $185,005,987.10 100.00% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 502
Maximum: 699
Weighted Average: 626
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 70 $8,847,764.16 4.78% 8.164% 354 83.83% 84.96% 647 15.12%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99 37 3,710,675.35 2.01 8.735 354 80.16 80.16 620 22.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99 56 8,555,773.53 4.62 7.879 348 74.60 74.60 634 27.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99 97 18,262,717.08 9.87 7.486 346 77.62 78.05 620 32.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99 158 30,383,283.80 16.42 7.781 354 76.11 77.25 615 37.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99 217 48,075,446.72 25.99 7.635 353 79.76 81.09 627 42.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99 279 56,207,811.21 30.38 7.751 353 80.01 81.27 630 47.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 54.99 49 10,846,898.93 5.86 7.693 356 78.10 81.03 619 52.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.00 - 59.99 1 115,616.32 0.06 7.000 356 64.44 64.44 628 55.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 964 $185,005,987.10 100.00% 7.741% 353 78.88% 80.07% 626 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 3.94%
Maximum: 55.00%
Weighted Average: 40.60%
2007-FRE1
Carrington Capital Management, LLC
Interest Only Loans
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 160
Aggregate Principal Balance ($): 61,188,124
Weighted Average Current Mortgage Rate (%): 6.611
Weighted Average Margin (%): 4.235
Weighted Average Maximum Rate (%): 12.611
Weighted Average Original Months to Roll: 32
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 356
Weighted Average Combined Original LTV (%): 83.46
% First Liens: 100.00
% Owner Occupied: 100.00
% Purchase: 13.96
% Full Documentation: 86.39
Non-Zero Weighted Average FICO Score: 648
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 5YR-IO 65 $24,340,486.00 39.78% 6.801% 356 80.15% 83.30% 647 42.13%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 3YR-IO 40 16,693,452.00 27.28 6.400 356 81.56 83.30 647 42.21
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 5YR-IO 48 17,705,786.00 28.94 6.591 356 80.86 84.08 647 41.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5YR-ARM 5YR-IO 7 2,448,400.00 4.00 6.312 357 81.77 81.77 666 41.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 6 $2,528,750.00 4.13% 5.414% 356 80.08% 80.08% 656 39.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 25 10,838,400.00 17.71 5.905 356 79.70 80.84 655 40.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 37 17,004,932.00 27.79 6.322 356 78.22 79.24 653 43.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 52 19,235,092.00 31.44 6.802 356 82.61 85.98 643 43.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 26 7,446,800.00 12.17 7.340 356 83.76 87.99 642 36.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 7 1,948,850.00 3.19 7.724 355 82.13 92.06 635 41.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 4 1,093,800.00 1.79 8.302 356 78.23 78.23 641 42.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 3 1,091,500.00 1.78 8.882 356 81.94 98.06 635 39.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.250%
Maximum: 8.950%
Weighted Average: 6.611%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 1 $80,500.00 0.13% 7.400% 356 70.00% 70.00% 664 35.02%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 7 927,800.00 1.52 7.477 357 77.04 77.04 638 41.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 18 3,231,530.00 5.28 6.978 356 79.71 82.86 645 44.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00 19 4,302,600.00 7.03 6.939 357 80.23 82.50 646 39.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00 19 5,233,890.00 8.55 6.724 356 79.91 85.08 643 38.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 13 4,214,800.00 6.89 6.790 356 80.88 82.07 638 39.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00 20 7,549,822.00 12.34 6.355 356 79.45 80.48 651 43.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00 9 3,822,596.00 6.25 6.182 356 79.63 79.63 655 45.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00 14 6,659,986.00 10.88 6.353 356 79.86 81.26 651 43.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00 12 6,329,550.00 10.34 6.870 356 81.93 86.90 651 41.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00 9 5,268,950.00 8.61 6.546 356 83.34 85.62 655 40.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00 7 4,393,400.00 7.18 6.744 356 84.14 91.32 640 36.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00 5 3,377,600.00 5.52 6.393 356 79.65 79.65 635 43.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00 3 2,159,550.00 3.53 6.756 356 86.13 86.13 677 42.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00 2 1,553,750.00 2.54 6.675 357 79.53 91.59 622 48.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
850,000.01 - 900,000.00 1 875,000.00 1.43 6.000 356 76.09 76.09 656 43.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to 1 1,206,800.00 1.97 6.170 357 80.00 80.00 655 49.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $80,500.00
Maximum: $1,206,800.00
Weighted Average: $382,425.78
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 - 360 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 360 Months
Maximum: 360 Months
Weighted Average: 360 Months
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 - 360 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 349 Months
Maximum: 357 Months
Weighted Average: 356 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00 1 $197,000.00 0.32% 6.300% 356 39.40% 39.40% 594 49.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 3 711,000.00 1.16 6.644 356 47.96 47.96 653 42.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 1 685,000.00 1.12 6.200 356 52.69 52.69 614 46.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 1 270,000.00 0.44 5.650 356 55.56 55.56 657 38.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 5 1,495,000.00 2.44 6.413 356 64.20 64.20 635 43.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 12 3,820,000.00 6.24 6.360 356 68.22 68.22 651 44.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 9 3,734,500.00 6.10 6.515 356 74.37 74.37 659 40.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 34 14,773,900.00 24.15 6.469 356 79.16 79.16 649 42.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 31 11,562,966.00 18.90 6.520 356 84.32 84.32 646 44.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 39 14,289,668.00 23.35 6.663 356 89.59 89.59 647 41.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 3 1,285,000.00 2.10 7.140 356 94.43 94.43 675 37.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 21 8,364,090.00 13.67 7.080 355 80.21 99.68 644 36.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 39.40%
Maximum: 100.00%
Weighted Average: 83.46%
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2.501 - 3.000 2 $868,250.00 1.42% 5.250% 357 87.15% 87.15% 645 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.001 - 3.500 18 6,862,050.00 11.21 5.739 356 78.91 80.70 652 36.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.501 - 4.000 35 16,269,782.00 26.59 6.152 356 78.44 78.87 658 43.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 51 20,138,842.00 32.91 6.658 356 81.28 84.50 645 44.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 30 9,322,000.00 15.23 7.105 356 82.79 84.33 639 38.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 16 4,984,800.00 8.15 7.582 356 84.92 91.52 641 38.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 4 1,213,300.00 1.98 8.376 356 77.81 82.16 647 42.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 2 393,100.00 0.64 8.453 353 85.38 94.62 644 46.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 2 1,136,000.00 1.86 7.829 355 80.00 100.00 644 37.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 2.863%
Maximum: 6.990%
Non-Zero Weighted Average: 4.235%
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 6 $2,528,750.00 4.13% 5.414% 356 80.08% 80.08% 656 39.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 25 10,838,400.00 17.71 5.905 356 79.70 80.84 655 40.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 37 17,004,932.00 27.79 6.322 356 78.22 79.24 653 43.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 52 19,235,092.00 31.44 6.802 356 82.61 85.98 643 43.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 26 7,446,800.00 12.17 7.340 356 83.76 87.99 642 36.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 7 1,948,850.00 3.19 7.724 355 82.13 92.06 635 41.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 4 1,093,800.00 1.79 8.302 356 78.23 78.23 641 42.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 3 1,091,500.00 1.78 8.882 356 81.94 98.06 635 39.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.250%
Maximum: 8.950%
Non-Zero Weighted Average: 6.611%
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 6 $2,528,750.00 4.13% 5.414% 356 80.08% 80.08% 656 39.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 25 10,838,400.00 17.71 5.905 356 79.70 80.84 655 40.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 37 17,004,932.00 27.79 6.322 356 78.22 79.24 653 43.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 52 19,235,092.00 31.44 6.802 356 82.61 85.98 643 43.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 26 7,446,800.00 12.17 7.340 356 83.76 87.99 642 36.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 7 1,948,850.00 3.19 7.724 355 82.13 92.06 635 41.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500 4 1,093,800.00 1.79 8.302 356 78.23 78.23 641 42.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000 3 1,091,500.00 1.78 8.882 356 81.94 98.06 635 39.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 11.250%
Maximum: 14.950%
Non-Zero Weighted Average: 12.611%
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
May, 2008 1 $181,600.00 0.30% 7.990% 349 80.00% 100.00% 691 44.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2008 40 15,309,636.00 25.02 6.884 356 79.60 83.90 652 40.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2009 24 8,849,250.00 14.46 6.632 357 81.12 81.90 640 44.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2009 2 844,000.00 1.38 6.836 353 80.00 98.30 643 43.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2009 1 388,000.00 0.63 6.900 354 80.00 100.00 648 38.70
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2009 8 3,053,920.00 4.99 6.265 355 77.45 85.84 651 37.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2009 54 21,807,850.00 35.64 6.548 356 80.71 82.06 650 41.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2010 23 8,305,468.00 13.57 6.401 357 84.04 85.01 637 44.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2011 2 1,008,000.00 1.65 6.179 356 81.51 81.51 682 40.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2012 5 1,440,400.00 2.35 6.405 357 81.95 81.95 655 41.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ 6 $1,414,020.00 2.31% 7.051% 356 87.37% 90.93% 656 41.14%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA 79 36,940,952.00 60.37 6.486 356 79.88 82.69 648 42.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO 2 824,000.00 1.35 6.596 356 66.69 66.69 653 40.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT 2 476,000.00 0.78 6.493 356 72.65 72.65 667 44.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC 2 764,000.00 1.25 6.664 356 78.04 90.18 648 37.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE 1 390,800.00 0.64 6.250 357 80.00 80.00 678 40.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL 7 2,077,372.00 3.40 7.216 357 81.37 81.37 619 43.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA 3 1,056,400.00 1.73 6.598 356 75.53 80.10 671 43.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI 1 512,000.00 0.84 6.550 356 80.00 100.00 645 48.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL 4 1,064,250.00 1.74 7.433 356 84.58 89.55 644 48.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA 1 288,750.00 0.47 6.400 356 75.00 75.00 661 44.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD 14 4,566,600.00 7.46 6.845 356 83.49 86.33 642 39.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN 2 415,380.00 0.68 6.983 357 87.19 87.19 662 35.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO 1 156,600.00 0.26 6.700 357 90.00 90.00 644 49.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC 2 425,900.00 0.70 7.452 357 87.97 87.97 642 43.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ 2 510,000.00 0.83 6.912 356 80.56 80.56 635 40.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV 2 521,850.00 0.85 7.124 356 82.65 92.06 644 40.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY 9 4,245,500.00 6.94 6.556 356 81.51 81.51 653 41.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR 4 885,100.00 1.45 7.044 357 87.76 91.37 645 34.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 2 283,000.00 0.46 7.644 356 79.38 79.38 655 45.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN 1 299,700.00 0.49 6.960 356 90.00 90.00 683 10.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX 2 428,950.00 0.70 6.270 357 88.01 88.01 637 37.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA 5 1,168,000.00 1.91 6.420 357 84.64 84.64 635 45.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA 6 1,473,000.00 2.41 6.585 356 84.77 87.05 650 45.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Single Family 139 $53,607,124.00 87.61% 6.608% 356 80.78% 83.41% 648 41.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Multi Family 11 5,358,250.00 8.76 6.431 356 79.99 82.23 650 41.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo 10 2,222,750.00 3.63 7.126 356 83.33 87.66 628 44.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 133 $49,879,212.00 81.52% 6.558% 356 80.61% 81.79% 649 42.68%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase 21 8,539,162.00 13.96 6.956 356 81.06 92.40 644 36.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Refinance 6 2,769,750.00 4.53 6.511 356 83.50 86.00 643 43.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 141 $52,862,324.00 86.39% 6.541% 356 81.35% 83.80% 647 41.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation 4 1,660,000.00 2.71 6.776 356 81.70 81.70 633 49.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation 15 6,665,800.00 10.89 7.123 356 76.24 81.26 660 41.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 22 $6,277,300.00 10.26% 6.967% 356 82.24% 85.92% 645 40.46%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 28 11,282,200.00 18.44 6.891 356 78.94 80.33 644 40.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 46 18,490,336.00 30.22 6.683 356 81.36 84.36 650 41.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 64 25,138,288.00 41.08 6.344 356 80.87 83.60 649 42.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 27 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 7 $1,546,700.00 2.53% 7.175% 356 69.30% 69.30% 592 46.22%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625 24 9,305,446.00 15.21 6.849 357 79.94 81.87 612 41.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650 52 20,413,942.00 33.36 6.670 356 80.75 86.51 640 42.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675 58 22,510,336.00 36.79 6.480 356 82.50 83.18 662 41.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700 19 7,411,700.00 12.11 6.430 356 79.29 80.89 685 40.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 588
Maximum: 698
Weighted Average: 648
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 3 $1,163,700.00 1.90% 6.749% 356 90.00% 90.00% 668 15.67%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99 3 964,700.00 1.58 7.356 356 77.18 89.60 628 21.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99 11 4,407,290.00 7.20 6.189 356 82.50 89.25 653 27.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99 12 4,450,150.00 7.27 7.046 356 80.19 86.11 639 33.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99 24 8,278,050.00 13.53 6.504 356 81.45 83.51 658 37.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99 39 14,924,622.00 24.39 6.727 356 80.71 83.05 648 42.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99 68 26,999,612.00 44.13 6.544 356 80.21 81.80 645 48.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 160 $61,188,124.00 100.00% 6.611% 356 80.80% 83.46% 648 41.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 10.92%
Maximum: 49.99%
Weighted Average: 41.83%
2007-FRE1
Carrington Capital Management, LLC
Balloon Loans
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 1,970
Aggregate Principal Balance ($): 610,632,666
Weighted Average Current Mortgage Rate (%): 7.982
Weighted Average Margin (%): 5.586
Weighted Average Maximum Rate (%): 14.080
Weighted Average Original Months to Roll: 28
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 356
Weighted Average Combined Original LTV (%): 83.05
% First Liens: 100.00
% Owner Occupied: 94.28
% Purchase: 23.55
% Full Documentation: 57.79
Non-Zero Weighted Average FICO Score: 612
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 2YR-ARM 167 $46,569,245.07 7.63% 8.308% 356 78.19% 81.65% 598 40.95%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3YR-ARM 138 44,241,706.52 7.25 7.841 356 83.11 83.60 614 42.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed 106 29,559,612.10 4.84 7.239 356 80.45 80.72 632 43.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 2YR-ARM 1,010 314,719,190.98 51.54 8.135 356 80.92 83.57 609 41.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 3YR-ARM 387 126,241,671.22 20.67 7.937 356 81.94 83.41 612 42.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 5YR-ARM 6 1,984,660.06 0.33 8.539 356 79.33 79.33 598 38.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 Fixed 156 47,316,579.61 7.75 7.340 356 79.28 81.10 633 41.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 $419,579.74 0.07% 5.350% 357 80.00% 80.00% 667 47.80%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 28 10,749,657.01 1.76 5.840 356 76.71 78.49 651 43.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 113 43,651,260.34 7.15 6.359 356 79.56 80.66 647 41.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 245 89,866,206.24 14.72 6.854 356 79.62 81.98 635 41.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 243 84,086,862.40 13.77 7.336 356 80.93 82.65 625 41.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 344 111,821,855.44 18.31 7.796 356 80.60 82.89 615 41.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 273 84,009,912.08 13.76 8.321 356 82.48 84.59 603 41.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 328 90,805,992.96 14.87 8.810 356 83.50 86.00 597 42.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 161 42,802,168.31 7.01 9.293 356 81.96 84.25 586 41.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 142 33,387,418.23 5.47 9.765 356 80.81 83.11 573 41.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 48 10,360,253.66 1.70 10.286 356 76.42 79.67 565 41.21
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 21 4,573,564.78 0.75 10.725 356 73.42 73.79 545 42.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 10 1,501,014.77 0.25 11.283 356 69.81 70.77 546 43.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 7 1,293,963.85 0.21 11.797 356 61.18 61.18 581 41.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 4 545,839.43 0.09 12.331 356 63.42 63.42 518 44.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 2 757,116.32 0.12 12.739 356 65.00 65.00 568 38.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.350%
Maximum: 12.770%
Weighted Average: 7.982%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 1 $49,977.49 0.01% 11.150% 356 74.63% 74.63% 517 33.48%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 91 7,453,534.03 1.22 8.991 356 78.27 81.57 599 37.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 226 28,849,821.76 4.72 8.636 356 79.02 82.76 606 40.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 285 49,946,349.29 8.18 8.388 356 78.66 81.48 606 40.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00 297 67,205,962.27 11.01 8.170 356 80.37 82.47 601 41.37
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00 213 58,650,297.20 9.60 8.110 356 79.40 81.62 610 40.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 196 64,060,125.07 10.49 7.949 356 80.78 82.35 610 41.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00 169 63,378,202.17 10.38 7.886 356 82.39 84.81 611 42.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00 123 52,183,862.28 8.55 7.923 356 81.36 83.86 615 41.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00 90 42,995,271.68 7.04 7.822 356 81.86 83.84 609 43.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00 85 44,645,551.07 7.31 7.773 356 83.10 84.74 619 43.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00 70 40,281,688.74 6.60 7.854 356 82.76 84.48 613 41.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00 35 21,871,513.51 3.58 7.649 356 82.08 83.49 621 43.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00 31 20,963,467.93 3.43 7.775 356 83.41 85.71 625 39.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00 21 15,290,754.66 2.50 7.588 356 82.79 83.75 627 43.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00 23 18,299,453.18 3.00 8.041 356 79.01 79.26 609 40.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
800,000.01 - 850,000.00 2 1,685,528.81 0.28 6.350 357 79.41 79.41 639 47.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
850,000.01 - 900,000.00 2 1,756,521.96 0.29 7.175 357 80.00 80.00 605 31.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
950,000.01 - 1,000,000.00 3 2,956,821.01 0.48 6.816 356 75.91 75.91 645 48.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to 7 8,107,961.45 1.33 6.752 356 74.35 79.54 656 39.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $49,977.49
Maximum: $1,359,280.48
Weighted Average: $309,965.82
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 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 360 Months
Maximum: 360 Months
Weighted Average: 360 Months
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 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 348 Months
Maximum: 357 Months
Weighted Average: 356 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.01 - 20.00 1 $62,961.75 0.01% 6.750% 357 16.32% 16.32% 613 20.66%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.01 - 25.00 1 50,990.16 0.01 9.750 357 25.00 25.00 571 19.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00 3 360,773.56 0.06 8.383 356 28.81 28.81 565 32.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00 4 559,751.18 0.09 8.577 357 31.65 31.65 581 34.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00 6 1,767,702.10 0.29 7.167 356 37.34 37.34 597 42.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00 12 2,957,101.86 0.48 8.388 356 43.28 43.28 589 37.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 24 4,340,977.69 0.71 7.815 356 47.58 47.58 605 38.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 33 8,014,168.80 1.31 7.976 356 52.43 52.43 599 42.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 36 8,034,036.70 1.32 8.169 356 58.05 58.05 595 42.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 84 25,309,438.49 4.14 8.049 356 63.15 63.15 603 41.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 98 28,784,240.64 4.71 8.028 356 68.78 68.78 598 40.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 161 53,795,939.63 8.81 7.917 356 73.77 73.77 603 42.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 404 136,647,488.18 22.38 7.991 356 79.42 79.44 605 40.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 255 83,350,961.98 13.65 7.767 356 84.13 84.47 610 42.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 459 149,732,733.88 24.52 7.999 356 89.63 89.69 619 42.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 98 29,727,448.45 4.87 7.923 356 92.21 94.68 626 44.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 291 77,135,950.51 12.63 8.183 356 84.61 99.93 626 42.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 16.32%
Maximum: 100.00%
Weighted Average: 83.05%
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 262 $76,876,191.71 12.59% 7.301% 356 79.73% 80.95% 633 42.15%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2.501 - 3.000 1 419,579.74 0.07 5.350 357 80.00 80.00 667 47.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.001 - 3.500 17 6,821,296.67 1.12 5.773 356 77.20 79.50 655 44.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.501 - 4.000 54 20,834,466.56 3.41 6.210 356 78.59 80.30 648 42.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 116 43,652,102.79 7.15 6.700 356 79.58 82.09 635 40.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 203 79,331,508.96 12.99 7.160 356 80.67 82.71 628 41.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 313 102,597,046.41 16.80 7.726 356 80.45 82.55 616 41.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 285 86,006,340.86 14.08 8.235 356 81.54 83.85 603 41.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 283 80,665,892.03 13.21 8.664 356 83.58 85.80 597 41.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 436 113,428,239.83 18.58 9.535 356 81.18 83.70 582 41.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 2.963%
Maximum: 6.990%
Non-Zero Weighted Average: 5.586%
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 262 $76,876,191.71 12.59% 7.301% 356 79.73% 80.95% 633 42.15%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 1 419,579.74 0.07 5.350 357 80.00 80.00 667 47.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 27 10,420,157.97 1.71 5.835 356 76.71 78.55 650 44.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 69 27,090,612.00 4.44 6.326 356 79.85 81.17 643 41.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 171 66,186,430.42 10.84 6.863 356 79.47 82.08 634 40.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 194 71,025,624.22 11.63 7.339 356 81.04 82.76 623 41.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 304 100,703,677.22 16.49 7.795 356 80.48 82.95 615 41.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 254 78,701,466.17 12.89 8.318 356 82.59 84.71 601 41.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 315 88,271,481.08 14.46 8.808 356 83.65 86.25 597 42.37
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 153 41,239,073.19 6.75 9.291 356 82.23 84.51 586 41.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 134 32,133,164.68 5.26 9.760 356 81.25 83.63 572 41.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 43 9,263,565.11 1.52 10.295 356 76.44 80.08 564 40.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 20 4,203,707.68 0.69 10.727 356 73.67 74.08 547 43.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 10 1,501,014.77 0.25 11.283 356 69.81 70.77 546 43.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 7 1,293,963.85 0.21 11.797 356 61.18 61.18 581 41.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 4 545,839.43 0.09 12.331 356 63.42 63.42 518 44.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 2 757,116.32 0.12 12.739 356 65.00 65.00 568 38.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.350%
Maximum: 12.770%
Non-Zero Weighted Average: 8.080%
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 262 $76,876,191.71 12.59% 7.301% 356 79.73% 80.95% 633 42.15%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 1 419,579.74 0.07 5.350 357 80.00 80.00 667 47.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 27 10,420,157.97 1.71 5.835 356 76.71 78.55 650 44.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 69 27,090,612.00 4.44 6.326 356 79.85 81.17 643 41.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 171 66,186,430.42 10.84 6.863 356 79.47 82.08 634 40.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 194 71,025,624.22 11.63 7.339 356 81.04 82.76 623 41.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 304 100,703,677.22 16.49 7.795 356 80.48 82.95 615 41.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500 254 78,701,466.17 12.89 8.318 356 82.59 84.71 601 41.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000 315 88,271,481.08 14.46 8.808 356 83.65 86.25 597 42.37
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500 153 41,239,073.19 6.75 9.291 356 82.23 84.51 586 41.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000 134 32,133,164.68 5.26 9.760 356 81.25 83.63 572 41.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500 43 9,263,565.11 1.52 10.295 356 76.44 80.08 564 40.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000 20 4,203,707.68 0.69 10.727 356 73.67 74.08 547 43.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500 10 1,501,014.77 0.25 11.283 356 69.81 70.77 546 43.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000 7 1,293,963.85 0.21 11.797 356 61.18 61.18 581 41.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500 4 545,839.43 0.09 12.331 356 63.42 63.42 518 44.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000 2 757,116.32 0.12 12.739 356 65.00 65.00 568 38.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 11.350%
Maximum: 18.770%
Non-Zero Weighted Average: 14.080%
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 262 $76,876,191.71 12.59% 7.301% 356 79.73% 80.95% 633 42.15%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 1,708 533,756,473.85 87.41 8.080 356 81.10 83.35 609 41.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%
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 262 $76,876,191.71 12.59% 7.301% 356 79.73% 80.95% 633 42.15%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 1,708 533,756,473.85 87.41 8.080 356 81.10 83.35 609 41.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 262 $76,876,191.71 12.59% 7.301% 356 79.73% 80.95% 633 42.15%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
April, 2008 1 172,201.07 0.03 8.100 348 80.00 100.00 603 50.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
June, 2008 1 126,700.13 0.02 9.260 350 80.00 100.00 634 40.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
July, 2008 1 57,475.41 0.01 8.700 351 80.00 80.00 640 38.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
August, 2008 1 94,110.40 0.02 7.050 352 80.00 100.00 661 48.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2008 11 3,795,052.83 0.62 8.587 353 80.54 85.88 602 43.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2008 26 8,763,823.33 1.44 8.010 354 80.78 87.95 609 46.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2008 82 29,737,282.04 4.87 8.086 355 81.02 82.44 597 43.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2008 596 184,129,353.49 30.15 8.251 356 80.91 84.05 609 40.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2009 458 134,412,437.35 22.01 8.041 357 80.00 82.10 607 41.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2009 5 1,903,781.92 0.31 8.236 354 83.86 83.86 619 45.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2009 31 14,930,403.27 2.45 7.808 355 83.13 83.69 621 41.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2009 292 91,869,813.20 15.05 7.971 356 82.16 83.65 612 41.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2010 197 61,779,379.35 10.12 7.840 357 82.09 83.11 612 42.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2011 3 1,084,981.81 0.18 8.803 356 84.01 84.01 601 37.37
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2012 3 899,678.25 0.15 8.219 357 73.69 73.69 594 39.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 $106,344.76 0.02% 7.950% 356 95.00% 95.00% 642 44.71%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR 2 221,049.26 0.04 8.285 356 81.61 81.61 597 42.21
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ 57 14,372,195.24 2.35 8.273 356 82.14 84.04 609 40.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA 465 182,835,719.29 29.94 7.663 356 79.61 81.41 619 41.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO 25 6,041,487.72 0.99 8.115 356 83.10 89.35 614 42.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT 23 5,303,547.64 0.87 8.127 356 82.69 83.44 613 35.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC 15 5,006,861.10 0.82 7.999 356 75.60 77.58 595 40.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE 7 1,467,575.86 0.24 8.206 355 83.24 83.24 600 37.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL 272 66,709,079.57 10.92 8.236 356 80.40 82.81 606 40.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA 52 11,202,555.65 1.83 8.068 356 84.89 89.85 620 43.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI 27 11,423,997.45 1.87 7.951 356 81.92 84.04 620 41.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA 1 147,561.02 0.02 8.950 357 90.00 90.00 614 48.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID 7 1,265,999.52 0.21 7.869 356 88.66 91.83 653 38.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL 85 20,766,024.46 3.40 8.606 356 80.87 84.49 612 42.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN 8 772,948.12 0.13 8.431 356 87.25 93.94 623 38.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS 6 1,298,789.23 0.21 9.650 356 82.10 82.62 547 37.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY 4 551,103.50 0.09 8.793 357 91.73 96.11 603 33.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA 83 26,479,722.41 4.34 8.084 356 81.58 84.63 620 43.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD 189 53,433,492.00 8.75 8.038 356 82.37 84.19 604 43.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI 11 1,820,422.66 0.30 8.302 356 80.90 81.29 576 41.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN 16 4,351,350.71 0.71 8.380 356 86.57 89.82 600 44.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO 4 454,680.36 0.07 8.881 356 88.73 92.53 620 43.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC 26 6,140,163.74 1.01 8.390 356 83.18 86.69 601 40.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE 1 95,974.72 0.02 9.700 356 80.00 80.00 525 31.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH 3 727,663.12 0.12 8.758 356 85.33 85.33 595 40.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ 86 30,417,749.17 4.98 8.222 356 82.11 82.80 616 41.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM 9 1,630,489.64 0.27 8.480 356 72.98 75.48 594 40.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV 20 5,304,143.35 0.87 8.484 356 80.81 83.83 587 42.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY 213 95,059,100.62 15.57 7.769 356 80.30 82.09 614 42.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH 9 1,169,066.93 0.19 8.452 356 86.05 90.79 609 41.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK 4 514,101.72 0.08 9.004 357 83.18 83.18 552 42.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR 13 2,357,021.19 0.39 8.254 356 83.07 85.42 616 37.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 26 4,843,765.07 0.79 8.803 356 81.88 82.35 594 38.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI 17 3,363,995.84 0.55 8.275 356 77.73 81.86 613 38.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC 11 2,593,795.75 0.42 8.024 356 84.72 86.61 616 33.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN 8 1,216,675.24 0.20 8.378 356 88.14 93.15 621 38.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX 13 1,505,728.37 0.25 8.205 356 83.72 98.29 633 41.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT 6 1,240,411.95 0.20 8.543 357 88.74 89.26 595 43.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA 75 20,953,959.36 3.43 8.332 356 80.40 82.39 595 40.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VT 1 163,937.56 0.03 8.000 357 80.00 95.00 641 40.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA 41 10,817,480.51 1.77 7.935 356 83.36 85.04 596 43.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI 27 4,390,443.41 0.72 8.216 356 86.77 88.78 616 38.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WY 1 94,490.77 0.02 12.150 356 70.00 70.00 547 35.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 43
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 116 $29,274,035.71 4.79% 8.470% 356 78.15% 82.78% 626 40.44%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 1,835 575,697,192.31 94.28 7.956 356 81.06 83.06 611 41.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home 19 5,661,437.54 0.93 8.157 356 81.98 83.84 622 42.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Single Family 1,601 $481,041,802.98 78.78% 7.986% 356 80.97% 82.91% 610 41.41%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Multi Family 274 106,171,663.54 17.39 7.907 356 80.52 83.04 619 43.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo 95 23,419,199.04 3.84 8.235 356 81.82 86.00 617 41.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 1,426 $449,751,481.65 73.65% 7.914% 356 79.68% 80.09% 609 41.86%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase 490 143,799,043.23 23.55 8.217 356 84.74 92.33 622 41.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Refinance 54 17,082,140.68 2.80 7.812 356 81.81 82.86 614 39.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 1,186 $352,900,005.72 57.79% 7.705% 356 81.93% 83.55% 608 41.35%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation 24 7,719,752.73 1.26 7.665 356 83.40 86.50 621 42.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation 760 250,012,907.11 40.94 8.384 356 79.44 82.24 617 42.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0 554 $161,539,247.90 26.45% 8.259% 356 82.03% 84.15% 613 42.20%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 318 126,020,345.41 20.64 7.866 356 80.95 82.87 616 42.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 796 236,279,202.72 38.69 8.060 356 80.37 82.78 605 40.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 6 1,390,056.54 0.23 8.560 357 89.27 89.27 598 38.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 296 85,403,812.99 13.99 7.404 356 80.22 81.86 624 42.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 23 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 $267,025.19 0.04% 9.348% 356 66.73% 66.73% 500 42.01%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525 58 16,600,732.17 2.72 9.689 356 73.66 73.76 513 42.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550 77 21,392,245.53 3.50 9.033 356 76.42 77.32 540 43.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575 322 91,402,388.97 14.97 8.616 356 79.20 80.44 562 41.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600 341 98,273,785.04 16.09 8.334 356 80.48 81.91 589 41.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625 457 143,100,009.12 23.43 7.888 356 81.76 83.52 612 42.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650 381 124,204,511.86 20.34 7.653 356 81.86 85.59 638 41.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675 204 72,524,910.80 11.88 7.248 356 82.81 85.71 662 41.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700 128 42,867,056.88 7.02 7.141 356 82.12 84.36 685 40.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 699
Weighted Average: 612
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 $16,177,043.38 2.65% 7.654% 356 81.02% 82.17% 622 14.65%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99 48 11,117,334.05 1.82 8.046 356 81.39 84.22 610 22.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99 112 29,896,161.96 4.90 8.072 356 79.33 80.53 612 27.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99 176 48,529,930.16 7.95 7.871 356 79.57 81.21 611 33.04
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99 312 91,633,622.57 15.01 8.029 356 79.95 83.25 613 37.70
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99 502 158,175,288.94 25.90 8.017 356 80.25 82.20 612 42.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99 657 223,612,377.47 36.62 7.960 356 82.34 84.00 613 47.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 54.99 116 31,490,907.03 5.16 8.062 356 80.56 85.26 597 53.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,970 $610,632,665.56 100.00% 7.982% 356 80.93% 83.05% 612 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.33%
Maximum: 54.98%
Weighted Average: 41.74%
2007-FRE1
Carrington Capital Management, LLC
Simultaneous Seconds
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 577
Aggregate Principal Balance ($): 142,598,515
Weighted Average Current Mortgage Rate (%): 8.180
Weighted Average Margin (%): 5.763
Weighted Average Maximum Rate (%): 14.226
Weighted Average Original Months to Roll: 27
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 356
Weighted Average Combined Original LTV (%): 98.43
% First Liens: 100.00
% Owner Occupied: 90.45
% Purchase: 81.42
% Full Documentation: 53.48
Non-Zero Weighted Average FICO Score: 623
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 160 $31,279,825.20 21.94% 8.613% 356 81.25% 97.39% 609 42.92%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 5YR-IO 9 4,120,300.00 2.89 7.416 356 81.37 99.93 642 34.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 34 7,598,752.15 5.33 7.960 356 79.79 96.33 632 38.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 78 16,153,447.97 11.33 8.164 356 81.25 99.46 629 38.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 3YR-IO 2 1,288,750.00 0.90 6.619 355 77.02 99.64 640 46.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 5YR-IO 10 2,955,040.00 2.07 6.813 355 80.00 99.35 649 35.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2YR-ARM 32 8,738,342.00 6.13 8.051 356 80.44 98.87 629 41.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3YR-ARM 7 1,501,482.84 1.05 8.339 356 85.08 99.50 625 43.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed 2 668,505.14 0.47 8.404 356 73.61 85.56 592 47.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 2YR-ARM 190 52,824,763.83 37.04 8.245 356 83.16 98.92 623 42.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 3YR-ARM 38 10,917,342.51 7.66 8.100 356 80.83 97.92 622 43.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 Fixed 14 4,445,789.37 3.12 7.207 356 80.12 99.44 640 44.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5YR-ARM 1 106,174.46 0.07 9.200 356 80.00 95.00 525 35.70
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 $289,738.38 0.20% 5.500% 354 80.00% 100.00% 644 42.11%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 5 1,756,217.51 1.23 5.791 355 80.00 99.96 643 35.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 18 8,009,478.35 5.62 6.309 356 78.85 95.13 655 38.70
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 51 18,009,378.60 12.63 6.808 356 78.79 98.57 647 41.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 42 14,449,181.85 10.13 7.333 356 80.05 98.88 640 41.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 90 23,438,129.97 16.44 7.816 356 81.03 99.32 631 40.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 79 18,277,398.98 12.82 8.292 356 82.63 99.19 631 39.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 114 25,494,371.57 17.88 8.803 356 83.34 98.17 612 41.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 77 16,408,637.92 11.51 9.278 356 83.96 98.05 601 44.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 63 11,582,095.70 8.12 9.780 356 83.91 97.99 585 44.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 24 3,807,248.61 2.67 10.245 356 82.28 98.52 583 44.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 7 608,663.39 0.43 10.738 356 83.27 97.01 560 37.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 4 247,041.58 0.17 11.277 356 68.55 98.54 561 40.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 2 220,933.06 0.15 11.830 356 70.00 89.34 541 38.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.500%
Maximum: 12.000%
Weighted Average: 8.180%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 77 $6,195,218.69 4.34% 9.207% 356 82.05% 99.14% 600 41.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 127 15,948,078.37 11.18 8.789 356 81.81 99.10 613 39.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 94 16,143,063.91 11.32 8.450 356 82.55 99.21 622 42.42
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00 66 14,787,281.43 10.37 8.339 356 82.66 99.12 623 40.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00 51 14,014,214.99 9.83 8.357 356 81.54 99.26 622 42.42
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 34 10,909,521.09 7.65 8.132 356 83.25 99.27 622 43.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00 40 15,094,508.52 10.59 8.153 356 80.95 98.40 627 42.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00 23 9,642,805.64 6.76 8.307 356 82.08 98.63 627 39.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00 15 7,139,246.93 5.01 7.791 356 81.35 98.25 620 43.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00 14 7,321,096.73 5.13 7.418 356 80.55 97.42 637 44.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00 11 6,453,453.61 4.53 7.805 356 83.32 97.75 627 32.42
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00 7 4,379,457.81 3.07 7.658 356 84.23 99.19 629 38.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00 7 4,751,189.85 3.33 7.687 356 77.37 96.88 623 42.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00 3 2,216,565.06 1.55 7.814 356 85.00 100.00 637 47.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00 4 3,119,852.32 2.19 7.367 356 74.36 88.53 612 47.70
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
950,000.01 - 1,000,000.00 1 970,630.08 0.68 6.600 355 75.00 100.00 670 45.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to 3 3,512,330.44 2.46 6.688 356 80.00 93.58 653 37.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $53,922.76
Maximum: $1,237,429.11
Weighted Average: $247,137.81
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 360 Months
Maximum: 360 Months
Weighted Average: 360 Months
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 - 360 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 348 Months
Maximum: 357 Months
Weighted Average: 356 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 4 $1,203,983.99 0.84% 8.713% 356 72.33% 77.36% 560 44.50%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 10 4,990,568.84 3.50 7.864 356 75.04 83.55 597 37.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 9 3,216,162.09 2.26 8.019 356 73.07 88.69 599 49.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 48 12,309,457.28 8.63 8.544 356 83.35 94.59 612 45.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 506 120,878,343.27 84.77 8.155 356 82.14 99.90 627 41.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 75.22%
Maximum: 100.00%
Weighted Average: 98.43%
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 50 $12,713,046.66 8.92% 7.720% 356 79.58% 96.85% 633 41.12%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2.501 - 3.000 1 289,738.38 0.20 5.500 354 80.00 100.00 644 42.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.001 - 3.500 4 1,581,722.31 1.11 5.818 356 80.00 99.96 638 33.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.501 - 4.000 9 4,477,569.07 3.14 6.237 357 78.04 95.58 653 41.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 34 11,881,129.80 8.33 6.734 356 79.72 99.66 650 40.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 34 13,293,532.29 9.32 7.204 356 79.29 97.83 635 42.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 70 19,603,328.10 13.75 7.716 356 80.47 99.22 638 39.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 84 19,378,530.04 13.59 8.180 356 82.52 99.21 628 41.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 97 21,322,268.31 14.95 8.711 356 83.39 98.71 620 41.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 194 38,057,650.51 26.69 9.415 356 83.68 98.08 594 43.42
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 2.920%
Maximum: 6.990%
Non-Zero Weighted Average: 5.763%
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 50 $12,713,046.66 8.92% 7.720% 356 79.58% 96.85% 633 41.12%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 1 289,738.38 0.20 5.500 354 80.00 100.00 644 42.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 5 1,756,217.51 1.23 5.791 355 80.00 99.96 643 35.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 13 5,658,343.95 3.97 6.290 356 78.45 96.50 652 41.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 41 15,001,390.50 10.52 6.796 356 79.08 98.76 646 41.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 37 13,088,233.35 9.18 7.330 356 79.92 98.91 639 40.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 82 21,607,102.08 15.15 7.815 356 81.22 99.27 632 40.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 77 17,330,102.73 12.15 8.286 356 82.44 99.15 632 39.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 105 24,574,254.14 17.23 8.797 356 83.70 98.57 614 41.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 73 15,270,429.98 10.71 9.290 356 84.40 97.92 599 44.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 59 10,958,672.06 7.68 9.773 356 83.92 97.88 583 44.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 23 3,408,277.58 2.39 10.267 356 81.97 98.34 583 43.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 6 528,654.67 0.37 10.736 356 82.25 96.56 561 37.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 3 193,118.82 0.14 11.340 356 62.56 98.13 562 36.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 2 220,933.06 0.15 11.830 356 70.00 89.34 541 38.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.500%
Maximum: 12.000%
Non-Zero Weighted Average: 8.226%
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 50 $12,713,046.66 8.92% 7.720% 356 79.58% 96.85% 633 41.12%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 1 289,738.38 0.20 5.500 354 80.00 100.00 644 42.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 5 1,756,217.51 1.23 5.791 355 80.00 99.96 643 35.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 13 5,658,343.95 3.97 6.290 356 78.45 96.50 652 41.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 41 15,001,390.50 10.52 6.796 356 79.08 98.76 646 41.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 37 13,088,233.35 9.18 7.330 356 79.92 98.91 639 40.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 82 21,607,102.08 15.15 7.815 356 81.22 99.27 632 40.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500 77 17,330,102.73 12.15 8.286 356 82.44 99.15 632 39.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000 105 24,574,254.14 17.23 8.797 356 83.70 98.57 614 41.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500 73 15,270,429.98 10.71 9.290 356 84.40 97.92 599 44.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000 59 10,958,672.06 7.68 9.773 356 83.92 97.88 583 44.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500 23 3,408,277.58 2.39 10.267 356 81.97 98.34 583 43.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000 6 528,654.67 0.37 10.736 356 82.25 96.56 561 37.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500 3 193,118.82 0.14 11.340 356 62.56 98.13 562 36.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000 2 220,933.06 0.15 11.830 356 70.00 89.34 541 38.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 11.500%
Maximum: 18.000%
Non-Zero Weighted Average: 14.226%
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 50 $12,713,046.66 8.92% 7.720% 356 79.58% 96.85% 633 41.12%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 527 129,885,468.81 91.08 8.225 356 81.91 98.58 622 41.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%
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 50 $12,713,046.66 8.92% 7.720% 356 79.58% 96.85% 633 41.12%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 527 129,885,468.81 91.08 8.225 356 81.91 98.58 622 41.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 50 $12,713,046.66 8.92% 7.720% 356 79.58% 96.85% 633 41.12%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
April, 2008 1 172,201.07 0.12 8.100 348 80.00 100.00 603 50.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
May, 2008 1 181,600.00 0.13 7.990 349 80.00 100.00 691 44.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
June, 2008 1 126,700.13 0.09 9.260 350 80.00 100.00 634 40.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
July, 2008 2 307,960.64 0.22 9.108 351 74.91 100.00 668 46.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
August, 2008 2 257,209.26 0.18 7.652 352 80.00 100.00 654 49.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2008 8 1,794,010.39 1.26 7.983 353 79.24 100.00 616 42.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2008 14 4,371,228.05 3.07 8.012 354 81.38 100.00 612 42.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2008 24 6,932,977.68 4.86 8.631 355 82.52 97.23 599 42.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2008 226 57,070,984.83 40.02 8.311 356 82.17 98.81 623 42.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2009 112 25,748,358.98 18.06 8.294 357 82.76 97.62 618 41.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2009 2 844,000.00 0.59 6.836 353 80.00 98.30 643 43.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2009 4 993,276.45 0.70 7.303 354 82.21 100.00 619 42.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2009 11 2,770,552.01 1.94 7.467 355 80.65 99.96 636 36.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2009 81 19,923,618.13 13.97 7.962 356 81.00 98.81 629 40.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2010 37 8,284,616.73 5.81 8.349 357 81.10 98.88 626 40.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2011 1 106,174.46 0.07 9.200 356 80.00 95.00 525 35.70
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 3 $334,707.96 0.23% 10.273% 356 74.75% 81.43% 540 30.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ 9 2,451,472.10 1.72 8.504 356 85.48 100.00 621 43.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA 74 30,964,255.04 21.71 7.583 356 81.07 98.07 634 39.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO 10 2,190,496.50 1.54 7.864 356 80.79 99.57 644 41.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT 3 614,550.26 0.43 8.178 356 87.85 97.80 631 45.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC 4 1,227,176.16 0.86 8.062 356 84.36 100.00 638 39.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL 70 15,150,897.57 10.62 8.775 356 83.43 99.17 610 41.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA 32 6,621,388.80 4.64 8.499 356 82.60 97.50 607 44.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI 5 2,117,874.70 1.49 7.928 355 79.14 95.44 591 49.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID 3 496,035.64 0.35 7.551 356 81.63 100.00 663 40.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL 50 9,746,288.54 6.83 8.620 356 81.00 98.50 630 43.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN 9 698,017.18 0.49 9.387 356 84.49 99.06 618 42.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS 3 420,599.94 0.29 9.154 356 84.87 100.00 628 43.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY 1 120,762.02 0.08 8.500 357 80.00 100.00 631 6.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA 24 7,296,150.48 5.12 7.719 356 80.89 96.68 642 43.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD 26 7,981,412.62 5.60 8.034 356 81.61 98.39 622 45.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME 1 164,312.84 0.12 8.700 356 90.00 100.00 590 54.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI 3 298,456.52 0.21 9.187 356 82.14 94.47 541 49.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN 11 2,393,843.74 1.68 8.780 356 86.08 99.98 616 39.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO 9 1,003,537.22 0.70 9.022 356 84.16 99.66 610 42.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC 16 3,015,227.51 2.11 8.454 356 75.77 95.08 585 35.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE 1 144,132.92 0.10 9.850 356 95.00 100.00 589 48.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ 20 5,762,075.40 4.04 8.277 356 80.55 98.18 618 42.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM 5 1,228,420.16 0.86 8.526 356 81.10 99.71 637 42.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV 6 1,634,727.53 1.15 8.314 356 79.74 97.02 628 45.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY 40 16,210,245.09 11.37 7.985 356 81.86 98.86 634 42.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH 11 1,480,130.82 1.04 7.737 356 82.11 99.14 634 39.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK 1 155,326.41 0.11 8.600 356 90.00 100.00 623 32.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR 4 688,371.42 0.48 8.147 356 83.52 99.30 640 39.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 12 1,581,201.07 1.11 8.325 356 80.65 99.21 618 38.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI 10 2,330,667.59 1.63 8.699 356 83.50 99.02 611 47.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC 9 1,027,382.22 0.72 9.214 356 87.50 99.45 565 43.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN 8 1,097,550.88 0.77 9.284 356 85.42 100.00 588 35.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX 41 5,692,307.27 3.99 8.217 356 80.04 100.00 620 39.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT 2 377,010.05 0.26 7.778 356 85.10 100.00 607 37.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA 14 2,897,426.40 2.03 8.274 356 78.98 99.56 623 40.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VT 1 163,937.56 0.11 8.000 357 80.00 95.00 641 40.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA 7 2,342,934.13 1.64 8.145 356 81.38 98.44 606 36.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI 19 2,477,205.21 1.74 8.767 356 82.81 99.16 616 38.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 39
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 62 $12,564,316.51 8.81% 9.014% 356 81.83% 97.49% 623 42.57%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 511 128,977,716.26 90.45 8.097 356 81.65 98.53 623 41.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home 4 1,056,482.70 0.74 8.456 356 87.31 97.31 595 51.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Single Family 451 $108,735,918.80 76.25% 8.216% 356 81.80% 98.40% 621 41.17%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Multi Family 89 26,128,413.63 18.32 8.045 356 81.69 98.14 631 42.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo 36 7,581,620.12 5.32 8.107 356 80.17 99.78 633 42.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Manufactured 1 152,562.92 0.11 9.750 354 90.00 100.00 569 52.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 487 $116,103,723.64 81.42% 8.348% 356 82.44% 99.25% 622 41.68%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out 82 24,372,281.98 17.09 7.447 356 78.08 94.58 628 41.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Refinance 8 2,122,509.85 1.49 7.408 356 83.23 97.71 631 39.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 316 $76,257,514.49 53.48% 7.805% 356 82.27% 98.00% 618 41.49%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation 10 2,929,376.88 2.05 8.377 356 82.01 96.70 604 36.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation 251 63,411,624.10 44.47 8.623 356 81.01 99.03 631 41.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0 184 $41,858,103.68 29.35% 8.358% 356 81.98% 98.57% 627 42.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 83 24,986,844.39 17.52 8.196 356 82.76 98.91 628 41.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 225 55,381,759.18 38.84 8.219 356 81.86 98.32 617 41.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 85 20,371,808.22 14.29 7.690 356 79.44 97.85 627 39.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 23 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 11 $1,956,981.93 1.37% 9.737% 356 78.67% 92.39% 517 46.66%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550 22 4,026,142.06 2.82 9.427 356 79.88 95.16 538 46.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575 80 15,410,888.60 10.81 9.210 356 82.08 95.74 561 42.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600 66 15,444,466.12 10.83 8.866 356 84.09 98.74 589 46.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625 115 27,148,272.22 19.04 8.263 356 83.36 99.00 613 42.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650 163 45,102,794.59 31.63 7.848 356 80.61 99.40 640 39.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675 78 23,750,330.90 16.66 7.440 356 80.57 98.14 662 38.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700 42 9,758,639.05 6.84 7.750 356 81.95 99.39 686 40.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 503
Maximum: 699
Weighted Average: 623
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 17 $4,860,229.05 3.41% 7.638% 356 82.30% 95.56% 637 14.11%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99 14 2,900,808.46 2.03 7.920 356 81.93 99.18 617 22.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99 28 6,777,688.68 4.75 7.784 356 82.29 99.83 628 28.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99 54 10,099,698.76 7.08 8.341 356 81.52 99.68 633 33.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99 111 26,853,998.77 18.83 8.201 356 81.05 99.08 630 37.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99 126 33,319,358.32 23.37 8.098 356 81.68 98.46 631 42.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99 152 41,304,549.74 28.97 8.175 356 81.97 98.39 621 47.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 54.99 75 16,482,183.69 11.56 8.596 356 81.81 96.78 590 52.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 577 $142,598,515.47 100.00% 8.180% 356 81.71% 98.43% 623 41.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 3.92%
Maximum: 54.99%
Weighted Average: 41.56%
2007-FRE1
Carrington Capital Management, LLC
Second Liens
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 240
Aggregate Principal Balance ($): 14,116,255
Weighted Average Current Mortgage Rate (%): 11.113
Weighted Average Margin (%): 0.000
Weighted Average Maximum Rate (%): 0.000
Weighted Average Original Months to Roll: 0
Weighted Average Stated Original Term (months): 351
Weighted Average Stated Remaining Term (months): 347
Weighted Average Combined Original LTV (%): 99.74
% First Liens: 0.00
% Owner Occupied: 99.51
% Purchase: 83.23
% Full Documentation: 49.82
Non-Zero Weighted Average FICO Score: 642
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 4 $175,811.46 1.25% 10.787% 117 100.00% 100.00% 650 32.84%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15 Fixed 22 461,830.40 3.27 10.762 176 99.43 99.43 640 36.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20 Fixed 1 59,789.87 0.42 10.990 237 100.00 100.00 640 49.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 213 13,418,823.68 95.06 11.130 356 99.75 99.75 642 35.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 41 $1,659,483.43 11.76% 9.959% 320 99.94% 99.94% 636 39.23%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 30 2,136,196.66 15.13 10.294 356 99.95 99.95 649 32.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 43 2,766,090.56 19.60 10.884 342 99.76 99.76 651 36.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 80 4,759,150.38 33.71 11.414 353 99.91 99.91 644 36.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 23 1,405,423.29 9.96 11.766 349 99.67 99.67 643 40.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 14 996,258.83 7.06 12.352 353 99.81 99.81 613 25.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 8 267,761.12 1.90 12.756 332 93.60 93.60 630 39.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 1 125,891.14 0.89 13.325 356 100.00 100.00 609 47.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 9.700%
Maximum: 13.325%
Weighted Average: 11.113%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 - 50,000.00 124 $4,043,356.19 28.64% 11.035% 331 99.42% 99.42% 641 35.49%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 87 6,273,251.93 44.44 11.040 355 99.82 99.82 645 35.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 22 2,611,811.58 18.50 11.285 347 99.91 99.91 638 37.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 7 1,187,835.71 8.41 11.389 356 100.00 100.00 642 36.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $14,886.94
Maximum: $184,806.57
Weighted Average: $58,817.73
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
61 - 120 4 $175,811.46 1.25% 10.787% 117 100.00% 100.00% 650 32.84%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180 22 461,830.40 3.27 10.762 176 99.43 99.43 640 36.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 1 59,789.87 0.42 10.990 237 100.00 100.00 640 49.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 213 13,418,823.68 95.06 11.130 356 99.75 99.75 642 35.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 120 Months
Maximum: 360 Months
Weighted Average: 351 Months
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 4 $175,811.46 1.25% 10.787% 117 100.00% 100.00% 650 32.84%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180 22 461,830.40 3.27 10.762 176 99.43 99.43 640 36.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 1 59,789.87 0.42 10.990 237 100.00 100.00 640 49.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 213 13,418,823.68 95.06 11.130 356 99.75 99.75 642 35.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 116 Months
Maximum: 357 Months
Weighted Average: 347 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 1 $28,480.01 0.20% 12.950% 357 80.00% 80.00% 600 3.94%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 1 38,121.06 0.27 12.600 357 83.64 83.64 623 49.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 9 284,023.73 2.01 12.070 323 95.00 95.00 652 44.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 229 13,765,630.61 97.52 11.086 347 99.92 99.92 642 35.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 80.00%
Maximum: 100.00%
Weighted Average: 99.74%
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 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ 3 $155,083.40 1.10% 10.602% 356 100.00% 100.00% 647 23.30%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA 30 3,104,618.82 21.99 11.301 348 99.97 99.97 641 35.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO 5 218,420.43 1.55 10.830 356 100.00 100.00 639 45.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT 2 47,854.82 0.34 11.887 301 98.44 98.44 636 19.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC 2 172,723.92 1.22 10.555 356 100.00 100.00 655 29.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL 22 1,115,463.55 7.90 11.627 356 99.66 99.66 638 37.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA 13 496,834.78 3.52 11.009 340 99.42 99.42 655 37.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID 1 63,785.26 0.45 9.990 356 100.00 100.00 641 43.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL 20 948,836.92 6.72 11.173 352 99.98 99.98 651 39.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS 2 71,072.73 0.50 10.864 356 100.00 100.00 649 47.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA 20 1,232,011.72 8.73 11.370 351 98.77 98.77 641 27.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD 11 655,538.26 4.64 10.611 356 99.10 99.10 646 37.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN 4 238,114.74 1.69 11.381 356 100.00 100.00 634 39.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO 4 121,679.55 0.86 10.876 324 100.00 100.00 649 39.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC 6 238,843.66 1.69 11.885 332 99.19 99.19 618 34.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ 8 722,006.18 5.11 11.022 356 99.89 99.89 640 42.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM 1 174,774.30 1.24 11.525 356 100.00 100.00 662 42.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV 2 130,781.85 0.93 10.922 356 100.00 100.00 643 22.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY 19 1,617,624.74 11.46 11.131 356 99.88 99.88 656 34.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH 6 268,016.62 1.90 10.802 327 99.97 99.97 650 25.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR 3 105,451.07 0.75 10.626 356 99.01 99.01 650 18.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 5 205,720.83 1.46 11.386 356 100.00 100.00 641 32.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI 1 64,872.34 0.46 11.500 354 100.00 100.00 647 47.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC 1 19,643.91 0.14 12.325 176 100.00 100.00 604 26.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN 2 57,312.70 0.41 11.384 356 100.00 100.00 643 28.21
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX 33 1,232,195.58 8.73 10.167 315 100.00 100.00 625 42.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT 1 62,332.54 0.44 12.325 356 100.00 100.00 619 16.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA 4 250,555.88 1.77 11.449 327 100.00 100.00 631 33.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VT 1 30,720.24 0.22 11.500 357 95.00 95.00 641 46.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA 1 41,905.54 0.30 10.000 355 100.00 100.00 676 16.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI 7 251,458.53 1.78 10.997 329 100.00 100.00 630 43.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 31
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 2 $68,686.98 0.49% 12.667% 357 88.70% 88.70% 627 46.48%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 238 14,047,568.43 99.51 11.106 347 99.79 99.79 642 35.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Single Family 180 $10,293,410.89 72.92% 11.031% 345 99.83% 99.83% 642 37.22%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Multi Family 39 2,532,515.20 17.94 11.384 348 99.30 99.30 643 31.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo 21 1,290,329.32 9.14 11.241 356 99.88 99.88 646 33.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 194 $11,749,155.87 83.23% 11.115% 347 99.86% 99.86% 643 36.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash Out 46 2,367,099.54 16.77 11.106 346 99.14 99.14 641 35.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 128 $7,032,394.79 49.82% 10.933% 346 99.61% 99.61% 633 35.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation 2 166,824.04 1.18 11.664 357 100.00 100.00 635 23.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation 110 6,917,036.58 49.00 11.283 347 99.87 99.87 652 36.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0 129 $6,595,871.48 46.73% 11.086% 343 99.54% 99.54% 640 37.17%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 25 2,040,163.97 14.45 11.191 356 99.90 99.90 649 36.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 55 3,869,057.67 27.41 11.177 347 99.98 99.98 644 35.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 31 1,611,162.29 11.41 10.978 349 99.79 99.79 640 31.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 23 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 6 $276,280.11 1.96% 11.841% 356 97.93% 97.93% 600 23.36%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625 46 2,318,466.97 16.42 11.416 339 99.59 99.59 614 37.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650 117 7,725,361.71 54.73 11.099 353 99.81 99.81 641 36.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675 53 3,021,683.72 21.41 10.916 336 99.84 99.84 661 34.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700 18 774,462.90 5.49 10.864 347 99.71 99.71 685 31.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 600
Maximum: 698
Weighted Average: 642
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 45 $2,585,966.44 18.32% 11.149% 349 99.68% 99.68% 642 14.23%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99 15 961,560.74 6.81 10.865 348 99.99 99.99 650 22.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99 14 819,958.96 5.81 11.532 352 99.84 99.84 640 26.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99 16 971,948.07 6.89 11.202 319 99.80 99.80 644 32.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99 22 1,188,653.66 8.42 11.000 348 100.00 100.00 641 37.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99 45 2,501,426.70 17.72 11.259 350 99.88 99.88 646 42.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99 82 5,069,879.14 35.92 11.009 348 99.58 99.58 640 48.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 54.99 1 16,861.70 0.12 11.990 176 95.00 95.00 688 51.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 240 $14,116,255.41 100.00% 11.113% 347 99.74% 99.74% 642 35.91%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 3.94%
Maximum: 51.46%
Weighted Average: 35.91%
2007-FRE1
Carrington Capital Management, LLC
Purchase Loans
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 1,134
Aggregate Principal Balance ($): 248,239,249
Weighted Average Current Mortgage Rate (%): 8.415
Weighted Average Margin (%): 5.861
Weighted Average Maximum Rate (%): 14.350
Weighted Average Original Months to Roll: 27
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 356
Weighted Average Combined Original LTV (%): 92.15
% First Liens: 95.27
% Owner Occupied: 89.14
% Purchase: 100.00
% Full Documentation: 53.89
Non-Zero Weighted Average FICO Score: 620
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 4 $175,811.46 0.07% 10.787% 117 100.00% 100.00% 650 32.84%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15 Fixed 16 336,025.44 0.14 10.623 176 99.78 99.78 635 35.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20 Fixed 1 59,789.87 0.02 10.990 237 100.00 100.00 640 49.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 248 49,197,229.55 19.82 8.685 356 82.03 90.96 606 41.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 5YR-IO 11 4,858,600.00 1.96 7.133 356 79.67 92.89 645 37.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 240 23,988,532.29 9.66 9.341 356 88.05 92.14 633 37.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 112 21,662,355.52 8.73 8.638 356 83.06 93.44 618 38.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 3YR-IO 1 399,122.00 0.16 6.800 357 90.00 90.00 644 43.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 5YR-IO 9 3,281,440.00 1.32 6.713 356 82.03 91.97 644 34.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2YR-ARM 49 13,188,045.37 5.31 7.977 356 82.71 93.65 633 39.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3YR-ARM 15 3,576,251.63 1.44 7.590 356 87.44 93.49 630 40.21
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed 6 2,282,996.80 0.92 6.922 356 84.13 86.57 663 44.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 2YR-ARM 320 91,231,519.37 36.75 8.336 356 84.99 93.21 619 41.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 3YR-ARM 82 26,433,616.44 10.65 8.293 356 85.60 90.70 615 43.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 5YR-ARM 2 617,140.92 0.25 8.616 356 90.00 90.00 633 41.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 Fixed 16 6,469,472.70 2.61 7.468 356 80.03 85.48 645 39.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5YR-ARM 2 481,300.10 0.19 7.018 356 87.74 91.05 640 20.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 2 $709,318.12 0.29% 5.411% 356 80.00% 88.17% 658 45.47%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 7 2,855,540.89 1.15 5.871 356 79.59 91.87 648 35.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 27 10,405,955.90 4.19 6.363 356 81.48 85.85 659 37.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 67 23,718,881.80 9.55 6.800 356 80.44 90.35 647 38.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 69 25,856,518.84 10.42 7.327 356 83.48 91.44 637 40.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 128 35,847,255.54 14.44 7.813 356 82.21 91.96 629 41.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 135 34,665,802.46 13.96 8.317 356 84.58 92.82 622 40.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 190 45,096,082.33 18.17 8.806 356 85.54 92.98 608 41.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 119 25,274,560.93 10.18 9.287 356 84.71 93.47 599 43.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 149 23,395,770.32 9.42 9.767 354 85.72 92.32 592 42.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 66 8,184,546.65 3.30 10.264 356 85.97 93.37 592 40.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 57 4,232,158.43 1.70 10.808 348 90.53 92.33 619 37.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 74 4,956,077.97 2.00 11.363 353 94.18 95.38 626 38.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 27 1,886,893.84 0.76 11.752 354 92.99 95.25 616 39.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 12 916,947.20 0.37 12.339 352 98.43 98.43 611 24.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 4 111,047.10 0.04 12.746 332 96.28 96.28 637 42.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 1 125,891.14 0.05 13.325 356 100.00 100.00 609 47.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.350%
Maximum: 13.325%
Weighted Average: 8.415%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 99 $3,255,136.89 1.31% 10.961% 332 99.03% 99.03% 641 35.33%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 220 16,539,683.29 6.66 9.914 356 89.82 95.67 617 38.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 182 22,459,998.12 9.05 9.167 355 85.39 95.54 612 39.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 150 25,970,767.16 10.46 8.694 356 83.79 92.29 616 41.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00 117 26,214,261.19 10.56 8.436 356 83.55 91.95 617 40.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00 86 23,667,070.64 9.53 8.363 356 83.34 91.89 616 40.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 55 17,804,300.27 7.17 8.218 356 84.18 92.67 620 42.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00 65 24,517,817.12 9.88 8.089 356 82.83 92.17 623 41.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00 42 17,571,382.72 7.08 8.434 356 84.11 92.58 613 41.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00 36 17,235,093.81 6.94 8.026 356 84.90 90.32 614 42.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00 20 10,515,548.71 4.24 7.713 356 85.40 94.01 642 44.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00 23 13,345,629.74 5.38 7.694 356 83.81 89.67 633 39.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00 10 6,256,214.67 2.52 8.004 356 81.60 87.07 615 36.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00 11 7,438,650.28 3.00 7.551 356 82.39 92.49 623 42.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00 4 2,932,105.85 1.18 7.517 356 83.78 95.12 643 45.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00 8 6,326,095.59 2.55 8.339 356 82.62 82.87 620 39.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
850,000.01 - 900,000.00 1 875,000.00 0.35 6.000 356 76.09 76.09 656 43.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
950,000.01 - 1,000,000.00 2 1,970,026.42 0.79 7.082 356 74.41 86.72 636 47.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to 3 3,344,466.99 1.35 6.983 355 80.00 87.40 651 37.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $14,886.94
Maximum: $1,237,429.11
Weighted Average: $218,905.86
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 4 $175,811.46 0.07% 10.787% 117 100.00% 100.00% 650 32.84%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180 16 336,025.44 0.14 10.623 176 99.78 99.78 635 35.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 1 59,789.87 0.02 10.990 237 100.00 100.00 640 49.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 1,113 247,667,622.69 99.77 8.410 356 84.25 92.14 620 40.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 120 Months
Maximum: 360 Months
Weighted Average: 360 Months
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 4 $175,811.46 0.07% 10.787% 117 100.00% 100.00% 650 32.84%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180 16 336,025.44 0.14 10.623 176 99.78 99.78 635 35.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 1 59,789.87 0.02 10.990 237 100.00 100.00 640 49.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 1,113 247,667,622.69 99.77 8.410 356 84.25 92.14 620 40.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 116 Months
Maximum: 357 Months
Weighted Average: 356 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00 1 $199,681.33 0.08% 10.550% 356 29.39% 29.39% 568 47.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00 2 246,674.09 0.10 7.834 356 36.96 36.96 595 42.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00 2 379,062.24 0.15 7.016 357 44.06 44.06 624 26.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 1 212,473.16 0.09 7.000 357 46.30 46.30 609 48.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 4 614,276.03 0.25 10.022 356 52.33 52.33 576 35.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 4 1,405,066.68 0.57 6.675 356 58.94 58.94 597 32.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 10 2,843,889.14 1.15 8.545 356 64.40 64.40 585 38.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 12 2,598,329.99 1.05 8.052 356 69.15 69.15 609 36.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 15 4,958,065.26 2.00 8.572 356 74.28 74.28 587 41.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 116 35,333,462.76 14.23 8.100 356 79.78 79.78 619 40.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 52 14,566,729.37 5.87 8.098 357 84.17 84.41 607 40.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 163 45,294,321.60 18.25 8.310 356 89.50 89.89 618 40.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 74 15,834,097.64 6.38 8.672 356 88.22 94.74 608 45.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 678 123,753,120.17 49.85 8.562 355 85.18 99.95 627 40.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 29.39%
Maximum: 100.00%
Weighted Average: 92.15%
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 283 $33,312,628.56 13.42% 8.835% 353 86.43% 90.59% 638 38.43%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2.501 - 3.000 2 709,318.12 0.29 5.411 356 80.00 88.17 658 45.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.001 - 3.500 4 1,581,722.31 0.64 5.818 356 80.00 99.96 638 33.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.501 - 4.000 9 3,647,530.85 1.47 6.189 356 82.17 89.26 659 37.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 39 14,608,503.89 5.88 6.702 356 82.03 93.26 646 40.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 61 24,529,043.27 9.88 7.212 356 83.81 91.46 643 39.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 100 30,617,838.35 12.33 7.705 356 82.24 92.01 629 40.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 123 30,477,516.78 12.28 8.167 356 84.26 93.78 626 41.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 174 42,367,427.84 17.07 8.684 356 85.57 92.58 613 41.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 339 66,387,719.49 26.74 9.512 356 84.30 92.01 592 42.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 2.920%
Maximum: 6.990%
Non-Zero Weighted Average: 5.861%
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 283 $33,312,628.56 13.42% 8.835% 353 86.43% 90.59% 638 38.43%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 2 709,318.12 0.29 5.411 356 80.00 88.17 658 45.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 6 2,631,217.51 1.06 5.861 356 78.70 92.02 647 37.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 13 4,792,141.79 1.93 6.347 356 84.15 90.75 649 38.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 52 18,909,041.74 7.62 6.810 356 82.02 93.23 648 39.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 62 24,537,925.93 9.88 7.328 356 83.96 91.93 637 40.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 116 32,787,329.03 13.21 7.808 356 82.39 92.20 630 41.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 130 33,215,369.39 13.38 8.314 356 84.50 92.70 621 40.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 176 43,495,068.93 17.52 8.805 356 85.72 93.21 608 41.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 114 24,042,045.12 9.69 9.294 356 85.01 93.18 598 43.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 109 21,322,315.59 8.59 9.753 356 84.83 91.66 588 42.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 37 5,252,826.54 2.12 10.284 356 82.53 92.93 577 42.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 17 1,633,510.67 0.66 10.737 356 77.25 81.43 568 38.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 11 1,067,808.06 0.43 11.183 357 73.77 78.84 563 41.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 5 458,762.20 0.18 11.745 356 72.59 81.91 540 36.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 1 71,940.28 0.03 12.200 357 80.00 80.00 598 26.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.350%
Maximum: 12.200%
Non-Zero Weighted Average: 8.350%
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 283 $33,312,628.56 13.42% 8.835% 353 86.43% 90.59% 638 38.43%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 2 709,318.12 0.29 5.411 356 80.00 88.17 658 45.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 6 2,631,217.51 1.06 5.861 356 78.70 92.02 647 37.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 13 4,792,141.79 1.93 6.347 356 84.15 90.75 649 38.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 52 18,909,041.74 7.62 6.810 356 82.02 93.23 648 39.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 62 24,537,925.93 9.88 7.328 356 83.96 91.93 637 40.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 116 32,787,329.03 13.21 7.808 356 82.39 92.20 630 41.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500 130 33,215,369.39 13.38 8.314 356 84.50 92.70 621 40.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000 176 43,495,068.93 17.52 8.805 356 85.72 93.21 608 41.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500 114 24,042,045.12 9.69 9.294 356 85.01 93.18 598 43.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000 109 21,322,315.59 8.59 9.753 356 84.83 91.66 588 42.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500 37 5,252,826.54 2.12 10.284 356 82.53 92.93 577 42.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000 17 1,633,510.67 0.66 10.737 356 77.25 81.43 568 38.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500 11 1,067,808.06 0.43 11.183 357 73.77 78.84 563 41.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000 5 458,762.20 0.18 11.745 356 72.59 81.91 540 36.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500 1 71,940.28 0.03 12.200 357 80.00 80.00 598 26.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 11.350%
Maximum: 18.200%
Non-Zero Weighted Average: 14.350%
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 283 $33,312,628.56 13.42% 8.835% 353 86.43% 90.59% 638 38.43%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 851 214,926,620.90 86.58 8.350 356 83.96 92.40 617 41.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%
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 283 $33,312,628.56 13.42% 8.835% 353 86.43% 90.59% 638 38.43%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 851 214,926,620.90 86.58 8.350 356 83.96 92.40 617 41.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 283 $33,312,628.56 13.42% 8.835% 353 86.43% 90.59% 638 38.43%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
May, 2008 1 181,600.00 0.07 7.990 349 80.00 100.00 691 44.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
June, 2008 1 126,700.13 0.05 9.260 350 80.00 100.00 634 40.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
July, 2008 3 474,571.53 0.19 9.193 351 80.21 96.49 676 41.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
August, 2008 2 257,209.26 0.10 7.652 352 80.00 100.00 654 49.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2008 13 3,032,578.80 1.22 9.066 353 80.15 87.63 593 43.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2008 16 4,709,194.52 1.90 8.439 354 79.50 92.29 605 45.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2008 35 10,320,991.83 4.16 8.486 355 84.33 93.63 608 42.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2008 333 86,943,713.48 35.02 8.327 356 83.20 93.26 623 40.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2009 224 52,428,834.74 21.12 8.392 357 85.11 91.33 610 42.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2009 5 1,126,213.60 0.45 8.618 354 81.95 90.75 585 41.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2009 20 6,611,889.05 2.66 8.010 355 83.96 91.41 628 38.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2009 130 30,999,741.61 12.49 8.229 356 85.12 93.14 624 39.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2010 64 16,614,941.33 6.69 8.454 357 83.88 90.28 609 42.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2011 4 1,098,441.02 0.44 7.916 356 89.01 90.46 636 32.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 $207,447.42 0.08% 8.100% 356 80.00% 80.00% 600 34.03%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL 3 179,277.08 0.07 10.096 357 93.01 94.51 628 35.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR 1 166,435.24 0.07 9.050 356 100.00 100.00 615 48.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ 18 3,920,097.53 1.58 8.401 356 86.22 95.30 616 42.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA 168 58,090,838.57 23.40 7.946 356 83.39 90.59 626 40.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO 13 2,582,321.07 1.04 7.989 356 82.87 95.06 628 40.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT 18 3,467,455.01 1.40 9.000 355 83.19 84.95 594 40.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC 8 3,079,720.19 1.24 8.046 356 82.69 87.44 607 40.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE 4 1,154,329.80 0.47 7.574 357 83.21 83.21 633 37.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL 156 33,481,220.03 13.49 8.589 356 84.51 91.52 613 39.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA 55 8,292,087.33 3.34 8.862 355 85.38 93.71 606 43.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI 10 3,336,038.02 1.34 8.252 356 80.54 87.45 601 43.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA 1 104,144.32 0.04 8.500 356 90.00 90.00 612 45.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID 8 1,489,031.62 0.60 7.805 356 85.26 91.37 645 38.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL 74 11,537,215.64 4.65 9.092 356 85.62 96.83 626 41.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN 15 1,249,325.26 0.50 8.837 356 86.72 92.62 629 38.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS 6 973,995.01 0.39 9.187 356 84.71 88.78 593 44.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY 4 1,415,875.53 0.57 7.548 356 83.49 85.19 639 42.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA 35 6,719,656.82 2.71 8.479 356 83.43 96.27 643 40.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD 60 14,650,671.14 5.90 8.429 356 85.19 93.24 614 43.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME 3 316,025.43 0.13 8.885 356 78.49 83.69 570 46.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI 6 517,187.03 0.21 9.381 355 85.22 90.31 571 41.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN 13 2,029,240.91 0.82 9.030 356 88.19 98.56 607 39.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO 14 1,316,498.28 0.53 9.448 356 88.30 98.81 604 42.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC 30 3,327,779.52 1.34 9.341 354 84.77 94.06 597 36.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE 2 223,767.25 0.09 9.654 356 95.00 98.22 593 44.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH 1 207,832.52 0.08 8.500 356 80.00 80.00 616 41.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ 46 13,076,289.33 5.27 8.698 356 84.67 91.40 627 43.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM 7 1,493,993.39 0.60 8.906 356 82.63 97.94 636 42.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV 7 1,975,962.43 0.80 8.563 356 83.12 92.58 615 42.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY 89 30,190,431.70 12.16 8.179 356 83.01 91.45 633 40.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH 15 1,480,004.17 0.60 8.449 351 85.63 95.49 629 40.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK 1 155,326.41 0.06 8.600 356 90.00 100.00 623 32.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR 10 1,405,502.83 0.57 8.514 356 86.55 92.00 642 40.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 32 4,343,212.00 1.75 8.771 356 85.60 92.17 611 38.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI 11 2,394,919.42 0.96 8.726 356 84.93 97.17 620 43.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC 16 1,864,095.52 0.75 9.211 354 89.93 96.52 583 38.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN 14 1,947,626.38 0.78 8.699 356 88.26 95.40 606 30.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX 90 9,169,327.80 3.69 8.460 351 85.03 97.17 624 40.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT 5 990,197.98 0.40 8.605 357 88.93 89.58 603 43.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA 30 6,943,155.69 2.80 8.422 355 82.92 90.66 610 41.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VT 1 311,027.24 0.13 7.300 356 80.00 80.00 683 44.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA 13 4,242,458.40 1.71 8.480 356 85.58 90.31 579 43.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI 20 2,220,205.20 0.89 9.403 356 88.86 95.04 609 38.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 119 $22,745,546.75 9.16% 8.891% 356 82.31% 90.51% 631 41.24%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 998 221,280,834.85 89.14 8.369 356 84.51 92.44 619 40.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home 17 4,212,867.86 1.70 8.238 356 83.26 85.77 604 36.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Single Family 890 $192,110,707.97 77.39% 8.370% 356 84.47% 91.98% 619 40.69%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Multi Family 153 39,232,461.56 15.80 8.585 356 84.23 93.56 626 42.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo 90 16,743,517.01 6.74 8.520 356 82.27 90.84 619 38.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Manufactured 1 152,562.92 0.06 9.750 354 90.00 100.00 569 52.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 635 $133,780,517.49 53.89% 8.078% 356 85.52% 91.96% 615 40.37%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation 14 3,418,044.08 1.38 8.478 357 85.17 91.94 595 38.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation 485 111,040,687.89 44.73 8.819 356 82.78 92.39 627 41.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0 390 $69,256,656.09 27.90% 8.826% 355 85.14% 93.57% 623 41.97%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 156 46,744,452.10 18.83 8.327 356 84.26 91.80 625 40.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 442 100,575,425.27 40.52 8.386 356 84.31 92.16 614 40.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 146 31,662,716.00 12.75 7.737 356 82.41 89.56 628 40.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 23 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1 940 $236,490,093.59 95.27% 8.281% 356 83.52% 91.77% 619 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2 194 11,749,155.87 4.73 11.115 347 99.86 99.86 643 36.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 $411,406.26 0.17% 9.650% 357 74.91% 74.91% 500 21.44%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525 20 3,681,935.87 1.48 9.759 356 78.79 84.97 519 43.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550 38 7,020,659.84 2.83 9.491 356 79.79 86.77 539 43.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575 137 29,459,541.48 11.87 9.085 356 82.53 88.67 562 41.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600 138 32,419,098.35 13.06 8.840 356 84.85 91.41 589 43.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625 249 53,940,804.03 21.73 8.465 356 85.63 92.19 612 42.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650 304 64,355,278.51 25.92 8.232 356 84.64 94.95 640 39.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675 160 36,284,179.82 14.62 7.771 355 84.44 93.22 662 40.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700 87 20,666,345.30 8.33 7.734 356 83.77 91.06 685 36.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 699
Weighted Average: 620
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 75 $11,594,161.98 4.67% 8.484% 355 87.34% 90.47% 635 15.12%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99 39 6,685,558.61 2.69 8.161 356 83.56 90.93 622 22.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99 64 11,395,640.24 4.59 8.422 356 82.03 90.76 618 27.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99 107 20,992,641.79 8.46 8.483 354 83.36 91.37 622 32.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99 188 42,636,057.69 17.18 8.339 356 83.33 92.79 627 37.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99 237 59,691,746.56 24.05 8.274 356 84.09 91.69 626 42.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99 346 79,893,145.89 32.18 8.471 356 85.31 92.18 616 47.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 54.99 78 15,350,296.70 6.18 8.840 356 83.39 95.99 589 53.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,134 $248,239,249.46 100.00% 8.415% 356 84.29% 92.15% 620 40.76%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 3.47%
Maximum: 54.99%
Weighted Average: 40.76%
2007-FRE1
Carrington Capital Management, LLC
Stated Documentation
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 1,352
Aggregate Principal Balance ($): 377,825,777
Weighted Average Current Mortgage Rate (%): 8.597
Weighted Average Margin (%): 6.003
Weighted Average Maximum Rate (%): 14.594
Weighted Average Original Months to Roll: 28
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 356
Weighted Average Combined Original LTV (%): 81.87
% First Liens: 98.17
% Owner Occupied: 93.36
% Purchase: 29.39
% Full Documentation: 0.00
Non-Zero Weighted Average FICO Score: 613
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 3 $156,207.13 0.04% 10.888% 117 100.00% 100.00% 654 32.70%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15 Fixed 6 290,035.73 0.08 8.585 177 86.88 86.88 682 26.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20 Fixed 1 59,789.87 0.02 10.990 237 100.00 100.00 640 49.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 253 61,416,511.04 16.26 9.195 356 78.05 82.03 588 42.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 5YR-IO 9 3,944,300.00 1.04 7.489 356 76.37 83.57 661 39.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 170 22,636,148.27 5.99 9.147 356 78.65 79.98 626 40.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 142 35,875,071.25 9.50 8.974 356 76.54 80.30 602 41.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 3YR-IO 3 1,303,500.00 0.35 6.625 356 79.63 79.63 651 45.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 5YR-IO 3 1,418,000.00 0.38 6.562 355 72.79 76.34 665 42.70
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2YR-ARM 58 16,252,731.02 4.30 8.880 356 77.44 83.60 600 41.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3YR-ARM 30 11,976,871.34 3.17 8.467 356 81.62 82.57 623 43.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed 11 3,153,511.52 0.83 7.610 356 73.62 73.62 638 41.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 2YR-ARM 478 155,271,461.75 41.10 8.450 356 79.72 82.78 616 42.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 3YR-ARM 140 49,360,769.62 13.06 8.155 356 80.11 82.22 621 42.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 5YR-ARM 2 1,003,630.14 0.27 8.613 356 80.94 80.94 623 40.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 Fixed 41 12,993,931.72 3.44 7.938 356 75.40 76.03 634 41.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5YR-ARM 2 713,306.11 0.19 8.708 356 76.16 76.16 663 43.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 5 $1,871,436.40 0.50% 5.852% 357 71.25% 71.25% 673 44.29%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 26 10,311,310.87 2.73 6.366 357 72.27 73.07 663 41.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 76 27,078,173.90 7.17 6.876 356 77.03 79.09 647 40.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 87 31,761,278.09 8.41 7.340 355 79.85 82.67 648 43.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 181 61,694,800.97 16.33 7.805 356 78.22 81.68 631 41.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 170 55,342,827.42 14.65 8.328 356 79.64 82.85 622 42.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 225 68,534,386.34 18.14 8.826 356 80.80 84.66 608 42.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 158 44,913,823.92 11.89 9.306 356 79.12 82.65 590 43.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 157 38,143,076.69 10.10 9.790 356 78.50 81.32 577 41.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 78 17,343,513.96 4.59 10.299 356 75.35 78.49 558 43.37
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 72 9,509,588.88 2.52 10.795 352 78.35 78.99 570 39.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 82 6,447,412.20 1.71 11.388 355 90.49 91.56 608 38.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 26 2,777,905.76 0.74 11.725 356 76.51 76.51 585 39.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 6 1,144,469.40 0.30 12.368 356 60.98 60.98 534 41.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 3 951,771.71 0.25 12.771 356 56.75 56.75 540 40.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.650%
Maximum: 12.800%
Weighted Average: 8.597%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 52 $1,741,381.90 0.46% 11.156% 339 96.43% 96.43% 654 36.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 127 9,870,760.08 2.61 10.301 355 83.46 87.01 612 36.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 179 22,187,929.66 5.87 9.396 355 77.06 82.31 607 39.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 182 31,990,555.93 8.47 8.892 355 74.96 79.13 608 40.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00 155 35,387,607.07 9.37 8.777 356 76.45 80.37 606 41.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00 137 37,518,970.13 9.93 8.760 356 75.50 79.10 603 41.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 103 33,617,606.28 8.90 8.531 356 77.72 80.50 613 41.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00 113 42,514,216.08 11.25 8.391 356 79.32 83.15 616 43.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00 73 30,887,980.39 8.18 8.528 356 80.05 83.90 613 41.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00 63 30,095,050.95 7.97 8.257 356 80.16 81.84 611 43.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00 60 31,543,618.01 8.35 8.158 356 81.78 83.29 623 41.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00 34 19,465,659.28 5.15 8.349 356 81.92 83.50 615 42.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00 26 16,159,549.95 4.28 8.173 356 81.72 82.88 625 44.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00 20 13,591,893.90 3.60 8.213 356 80.24 83.54 621 42.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00 14 10,175,750.00 2.69 7.971 356 82.87 84.33 615 45.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00 14 11,077,246.90 2.93 8.565 356 77.14 77.28 608 42.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $16,041.55
Maximum: $799,822.84
Weighted Average: $279,456.94
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 3 $156,207.13 0.04% 10.888% 117 100.00% 100.00% 654 32.70%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180 6 290,035.73 0.08 8.585 177 86.88 86.88 682 26.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 1 59,789.87 0.02 10.990 237 100.00 100.00 640 49.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 1,342 377,319,743.78 99.87 8.596 356 78.83 81.86 613 42.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 120 Months
Maximum: 360 Months
Weighted Average: 360 Months
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 3 $156,207.13 0.04% 10.888% 117 100.00% 100.00% 654 32.70%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180 6 290,035.73 0.08 8.585 177 86.88 86.88 682 26.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 1 59,789.87 0.02 10.990 237 100.00 100.00 640 49.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 1,342 377,319,743.78 99.87 8.596 356 78.83 81.86 613 42.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 116 Months
Maximum: 357 Months
Weighted Average: 356 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00 2 $324,651.16 0.09% 10.307% 356 28.77% 28.77% 562 39.99%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00 5 898,882.75 0.24 9.559 356 31.55 31.55 544 39.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00 4 627,046.16 0.17 9.252 356 37.46 37.46 573 34.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00 10 2,247,429.56 0.59 8.025 357 43.25 43.25 606 38.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 19 3,918,597.46 1.04 8.531 357 48.08 48.08 614 39.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 24 5,273,139.30 1.40 8.664 356 52.56 52.56 597 41.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 35 7,982,929.57 2.11 8.393 356 57.77 57.77 599 40.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 76 21,055,949.42 5.57 8.578 356 63.58 63.58 601 41.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 78 21,666,085.14 5.73 9.033 356 69.10 69.10 589 40.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 112 35,858,339.46 9.49 8.546 356 74.06 74.06 597 42.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 351 108,776,506.11 28.79 8.595 356 79.58 79.58 599 42.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 96 34,868,518.89 9.23 8.266 356 84.42 84.56 619 42.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 173 62,675,546.03 16.59 8.344 356 89.52 89.75 631 43.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 27 6,374,519.10 1.69 9.133 356 85.08 94.49 627 45.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 340 65,277,636.40 17.28 8.874 355 83.67 99.95 637 40.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 27.78%
Maximum: 100.00%
Weighted Average: 81.87%
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 232 $39,289,624.24 10.40% 8.629% 354 77.35% 78.33% 630 40.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.001 - 3.500 3 1,081,808.13 0.29 5.751 357 72.33 72.33 676 44.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.501 - 4.000 15 5,851,655.96 1.55 6.209 356 71.46 72.88 667 41.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 32 12,653,309.21 3.35 6.742 356 78.87 81.16 653 41.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 68 25,670,561.90 6.79 7.178 356 79.03 81.99 645 42.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 160 55,411,548.54 14.67 7.751 356 79.68 83.30 634 42.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 172 56,627,830.03 14.99 8.292 356 79.10 82.47 622 42.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 197 58,007,198.59 15.35 8.691 356 80.92 84.67 610 41.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 473 123,232,239.91 32.62 9.688 356 78.23 81.33 580 42.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 3.250%
Maximum: 6.990%
Non-Zero Weighted Average: 6.003%
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 232 $39,289,624.24 10.40% 8.629% 354 77.35% 78.33% 630 40.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 5 1,871,436.40 0.50 5.852 357 71.25 71.25 673 44.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 17 7,007,479.87 1.85 6.311 357 73.90 75.08 667 40.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 54 20,922,393.83 5.54 6.882 356 78.09 80.74 647 41.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 69 26,474,600.23 7.01 7.345 356 81.01 84.08 647 42.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 167 57,540,136.92 15.23 7.804 356 78.74 82.45 632 41.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 155 51,318,160.71 13.58 8.327 356 79.81 83.17 620 42.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 217 66,895,523.71 17.71 8.824 356 81.24 85.26 608 42.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 148 42,353,952.44 11.21 9.307 356 79.38 82.71 589 43.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 145 36,663,295.42 9.70 9.789 356 78.68 81.43 576 41.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 68 15,109,512.10 4.00 10.314 356 75.68 78.89 556 43.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 37 6,224,333.68 1.65 10.759 356 74.23 75.20 550 39.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 17 2,345,137.01 0.62 11.340 356 74.05 76.98 539 41.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 12 1,713,948.84 0.45 11.775 355 65.32 65.32 559 39.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 6 1,144,469.40 0.30 12.368 356 60.98 60.98 534 41.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 3 951,771.71 0.25 12.771 356 56.75 56.75 540 40.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.650%
Maximum: 12.800%
Non-Zero Weighted Average: 8.594%
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 232 $39,289,624.24 10.40% 8.629% 354 77.35% 78.33% 630 40.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 5 1,871,436.40 0.50 5.852 357 71.25 71.25 673 44.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 17 7,007,479.87 1.85 6.311 357 73.90 75.08 667 40.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 54 20,922,393.83 5.54 6.882 356 78.09 80.74 647 41.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 69 26,474,600.23 7.01 7.345 356 81.01 84.08 647 42.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 167 57,540,136.92 15.23 7.804 356 78.74 82.45 632 41.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500 155 51,318,160.71 13.58 8.327 356 79.81 83.17 620 42.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000 217 66,895,523.71 17.71 8.824 356 81.24 85.26 608 42.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500 148 42,353,952.44 11.21 9.307 356 79.38 82.71 589 43.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000 145 36,663,295.42 9.70 9.789 356 78.68 81.43 576 41.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500 68 15,109,512.10 4.00 10.314 356 75.68 78.89 556 43.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000 37 6,224,333.68 1.65 10.759 356 74.23 75.20 550 39.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500 17 2,345,137.01 0.62 11.340 356 74.05 76.98 539 41.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000 12 1,713,948.84 0.45 11.775 355 65.32 65.32 559 39.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500 6 1,144,469.40 0.30 12.368 356 60.98 60.98 534 41.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000 3 951,771.71 0.25 12.771 356 56.75 56.75 540 40.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 11.650%
Maximum: 18.800%
Non-Zero Weighted Average: 14.594%
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 232 $39,289,624.24 10.40% 8.629% 354 77.35% 78.33% 630 40.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 1,120 338,536,152.27 89.60 8.594 356 79.02 82.28 611 42.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%
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 232 $39,289,624.24 10.40% 8.629% 354 77.35% 78.33% 630 40.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 1,120 338,536,152.27 89.60 8.594 356 79.02 82.28 611 42.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 232 $39,289,624.24 10.40% 8.629% 354 77.35% 78.33% 630 40.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
June, 2008 1 126,700.13 0.03 9.260 350 80.00 100.00 634 40.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
July, 2008 4 532,046.94 0.14 9.140 351 80.18 94.71 672 40.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2008 16 4,192,368.12 1.11 9.509 353 78.68 81.74 586 41.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2008 20 5,663,821.48 1.50 8.717 354 79.74 82.12 592 43.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2008 52 16,141,912.79 4.27 9.074 355 78.95 82.22 588 43.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2008 425 131,185,139.48 34.72 8.622 356 79.79 83.96 613 42.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2009 280 79,043,014.87 20.92 8.575 357 77.87 80.57 607 41.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2009 1 324,000.00 0.09 7.375 353 80.00 95.56 641 41.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2009 12 3,912,700.98 1.04 9.741 354 76.92 77.41 571 42.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2009 24 9,970,064.12 2.64 8.424 355 79.46 81.34 618 44.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2009 174 52,147,330.73 13.80 8.482 356 78.72 81.68 615 41.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2010 107 33,580,116.38 8.89 8.249 357 79.24 81.49 620 42.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2011 3 1,262,066.14 0.33 8.618 356 82.18 82.18 653 42.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2012 1 454,870.11 0.12 8.750 357 70.00 70.00 601 38.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 $207,447.42 0.05% 8.100% 356 80.00% 80.00% 600 34.03%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL 1 101,835.06 0.03 9.100 357 85.00 85.00 644 32.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ 33 8,021,933.10 2.12 8.606 356 82.00 84.97 615 42.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA 298 111,072,796.78 29.40 8.194 356 78.93 81.41 619 42.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO 10 1,517,618.10 0.40 8.161 356 74.66 80.15 645 44.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT 14 3,514,050.63 0.93 8.998 356 78.95 78.95 589 40.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC 10 3,106,452.71 0.82 8.495 356 76.93 79.70 594 40.42
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE 3 490,782.44 0.13 9.522 357 73.97 73.97 551 43.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL 201 44,802,696.14 11.86 8.878 356 78.66 82.22 604 41.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA 36 5,763,971.85 1.53 8.805 356 77.65 84.23 623 40.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI 15 7,107,117.14 1.88 8.078 356 81.94 82.71 627 40.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA 1 175,967.98 0.05 8.500 356 70.00 70.00 582 39.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID 2 726,045.15 0.19 7.387 356 86.81 86.81 652 36.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL 83 16,792,526.98 4.44 8.872 356 80.79 86.42 624 41.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN 7 593,422.02 0.16 10.207 355 78.24 82.18 586 42.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS 5 1,201,188.20 0.32 9.675 356 78.72 81.45 551 37.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA 64 17,271,514.29 4.57 9.086 356 78.68 81.60 608 42.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD 67 17,320,719.37 4.58 9.024 356 79.02 81.00 594 42.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME 1 84,889.82 0.02 10.150 357 57.43 57.43 596 49.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI 4 482,963.19 0.13 8.982 356 80.79 84.75 587 40.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN 10 2,466,533.40 0.65 9.418 356 83.60 89.96 590 40.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO 7 630,454.73 0.17 9.715 356 81.73 89.22 628 36.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC 12 2,438,431.83 0.65 9.196 353 80.59 87.04 612 40.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH 1 207,832.52 0.06 8.500 356 80.00 80.00 616 41.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ 94 29,293,753.95 7.75 9.000 355 79.46 80.85 605 42.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM 9 2,019,071.91 0.53 8.935 356 74.73 84.27 622 40.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV 12 3,145,294.35 0.83 8.989 356 76.59 82.74 594 43.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY 172 65,113,558.08 17.23 8.311 356 78.01 80.92 621 42.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH 9 687,846.94 0.18 10.236 351 80.55 84.55 591 33.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK 1 299,321.16 0.08 7.450 357 79.16 79.16 626 51.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR 6 1,144,419.92 0.30 9.337 356 85.01 89.86 619 40.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 25 3,703,070.38 0.98 9.321 356 78.70 82.24 601 38.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI 12 2,386,836.20 0.63 9.265 355 79.45 90.99 612 43.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC 4 1,371,274.40 0.36 8.598 357 80.93 80.93 617 39.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN 7 779,981.71 0.21 9.849 356 82.19 93.25 586 39.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX 44 5,813,330.45 1.54 8.854 353 78.99 82.56 617 41.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT 3 374,521.54 0.10 9.623 356 80.00 80.00 585 38.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA 40 10,625,164.93 2.81 8.764 356 74.29 77.26 595 41.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VT 2 194,657.80 0.05 8.552 357 82.37 95.00 641 41.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA 10 2,717,189.36 0.72 8.681 356 77.16 80.02 593 43.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI 15 1,768,924.57 0.47 9.462 354 82.51 89.16 624 39.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV 1 288,368.01 0.08 9.050 356 85.00 85.00 599 38.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 42
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 91 $20,463,119.67 5.42% 9.279% 356 74.37% 80.36% 621 41.34%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 1,246 352,739,493.82 93.36 8.559 356 79.14 82.03 612 42.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home 15 4,623,163.02 1.22 8.498 356 76.23 76.72 607 43.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Single Family 1,054 $288,501,095.11 76.36% 8.593% 356 79.03% 81.88% 610 41.99%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Multi Family 214 73,320,711.33 19.41 8.527 356 77.59 80.61 620 42.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo 84 16,003,970.07 4.24 8.988 354 81.44 87.49 619 40.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 845 $259,516,629.19 68.69% 8.513% 356 77.25% 77.53% 606 42.41%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase 485 111,040,687.89 29.39 8.819 356 82.78 92.39 627 41.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Refinance 22 7,268,459.43 1.92 8.226 356 75.94 76.14 615 42.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0 445 $112,034,096.32 29.65% 9.074% 355 78.89% 81.64% 608 42.10%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 240 84,910,257.54 22.47 8.319 356 79.04 81.93 624 42.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 527 143,547,563.12 37.99 8.550 356 79.47 82.95 608 41.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 1 192,851.94 0.05 9.800 357 85.00 85.00 595 29.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 139 37,141,007.59 9.83 7.973 356 75.84 78.29 621 42.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 22 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1 1,242 $370,908,739.93 98.17% 8.547% 356 78.46% 81.54% 612 42.18%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2 110 6,917,036.58 1.83 11.283 347 99.87 99.87 652 36.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 $102,169.89 0.03% 9.990% 355 70.00% 70.00% 500 44.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525 56 15,408,187.82 4.08 10.288 356 73.97 74.77 515 43.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550 101 26,120,179.03 6.91 9.875 356 73.76 74.28 538 40.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575 158 44,580,518.96 11.80 9.239 356 74.68 76.64 562 43.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600 179 49,083,353.75 12.99 8.899 356 76.04 78.50 590 42.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625 244 77,094,910.55 20.40 8.495 356 80.51 82.12 611 42.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650 324 87,243,549.62 23.09 8.235 356 81.78 86.89 639 41.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675 183 48,991,028.46 12.97 7.829 355 81.20 85.60 664 41.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700 106 29,201,878.43 7.73 7.710 355 79.99 84.21 686 40.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 698
Weighted Average: 613
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 31 $3,549,988.40 0.94% 9.327% 353 81.55% 82.58% 616 14.63%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99 25 3,518,756.29 0.93 8.739 356 79.50 86.24 630 22.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99 71 16,266,726.12 4.31 8.681 354 75.26 77.98 610 27.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99 128 30,303,622.62 8.02 8.628 355 77.78 81.43 614 32.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99 240 67,672,092.29 17.91 8.462 356 77.54 81.92 618 37.70
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99 368 106,443,308.02 28.17 8.602 356 78.77 81.21 612 42.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99 437 135,963,982.10 35.99 8.591 356 80.24 82.40 612 47.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 54.99 52 14,107,300.67 3.73 8.893 356 77.92 85.72 593 52.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,352 $377,825,776.51 100.00% 8.597% 356 78.85% 81.87% 613 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 8.14%
Maximum: 54.99%
Weighted Average: 42.08%
2007-FRE1
Carrington Capital Management, LLC
Investor Properties
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 258
Aggregate Principal Balance ($): 53,636,249
Weighted Average Current Mortgage Rate (%): 8.736
Weighted Average Margin (%): 6.085
Weighted Average Maximum Rate (%): 14.766
Weighted Average Original Months to Roll: 28
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 356
Weighted Average Combined Original LTV (%): 81.10
% First Liens: 99.87
% Owner Occupied: 0.00
% Purchase: 42.41
% Full Documentation: 59.40
Non-Zero Weighted Average FICO Score: 620
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 $138,661.43 0.26% 6.950% 177 74.87% 74.87% 645 38.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 85 14,311,569.54 26.68 9.164 356 75.60 78.59 603 38.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 26 3,062,643.12 5.71 8.853 356 79.85 80.68 634 40.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 29 6,450,701.67 12.03 9.094 356 77.01 79.48 615 38.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2YR-ARM 16 4,188,907.00 7.81 8.632 356 80.27 87.48 616 43.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3YR-ARM 11 3,531,416.06 6.58 6.948 357 73.57 74.24 660 38.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed 5 762,162.35 1.42 7.984 355 73.29 73.29 635 40.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 2YR-ARM 62 14,874,330.20 27.73 8.955 356 79.64 85.26 618 40.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 3YR-ARM 17 4,612,556.88 8.60 8.143 356 75.08 79.31 629 40.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 Fixed 5 1,304,663.22 2.43 7.974 357 80.34 80.34 656 32.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5YR-ARM 1 398,637.58 0.74 6.850 356 80.00 80.00 643 20.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 5 $1,824,179.15 3.40% 6.401% 356 75.07% 75.07% 669 42.75%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 16 5,567,485.28 10.38 6.863 352 70.29 70.29 648 36.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 14 3,584,109.97 6.68 7.346 356 81.29 81.29 649 36.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 31 6,066,711.82 11.31 7.815 356 80.65 83.32 651 38.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 25 5,524,009.61 10.30 8.339 357 82.28 84.34 639 40.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 47 10,285,987.97 19.18 8.783 356 81.21 87.96 627 39.42
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 37 7,433,525.97 13.86 9.282 356 77.89 84.15 613 42.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 34 6,314,745.29 11.77 9.791 356 75.52 81.80 581 39.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 11 1,507,161.25 2.81 10.309 356 76.61 84.34 582 45.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 18 3,359,440.29 6.26 10.783 356 69.69 70.22 547 40.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 7 714,150.85 1.33 11.301 356 74.98 74.98 536 34.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 5 509,138.32 0.95 11.788 354 73.69 73.69 538 42.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 4 312,352.56 0.58 12.207 357 62.18 62.18 571 33.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 4 633,250.72 1.18 12.733 357 61.02 61.02 582 41.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 6.080%
Maximum: 12.800%
Weighted Average: 8.736%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 4 $168,570.62 0.31% 12.020% 357 63.53% 63.53% 616 36.04%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 69 5,169,205.99 9.64 9.616 356 82.51 85.95 608 37.37
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 44 5,452,433.01 10.17 8.995 352 79.74 84.06 618 39.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 38 6,616,354.77 12.34 8.662 356 77.29 83.43 619 40.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00 28 6,339,280.46 11.82 8.884 356 74.58 76.89 617 41.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00 22 6,088,522.11 11.35 8.764 356 80.43 87.26 618 42.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 9 2,889,804.33 5.39 8.784 356 74.33 76.62 634 39.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00 14 5,322,126.93 9.92 8.278 356 77.67 81.02 631 37.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00 9 3,858,248.90 7.19 8.513 356 79.83 83.09 623 38.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00 3 1,375,535.82 2.56 6.926 356 85.00 85.00 667 33.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00 7 3,638,750.30 6.78 8.263 356 79.27 80.32 617 37.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00 7 4,026,145.98 7.51 8.787 356 73.73 78.13 616 44.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00 3 1,891,681.60 3.53 8.454 356 55.51 55.51 599 34.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00 1 799,588.23 1.49 9.450 353 80.00 80.00 599 44.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $30,565.92
Maximum: $799,588.23
Weighted Average: $207,892.44
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 $138,661.43 0.26% 6.950% 177 74.87% 74.87% 645 38.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 257 53,497,587.62 99.74 8.741 356 77.44 81.12 619 39.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 180 Months
Maximum: 360 Months
Weighted Average: 360 Months
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 $138,661.43 0.26% 6.950% 177 74.87% 74.87% 645 38.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 257 53,497,587.62 99.74 8.741 356 77.44 81.12 619 39.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 177 Months
Maximum: 357 Months
Weighted Average: 356 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.01 - 20.00 1 $49,960.78 0.09% 12.450% 357 20.00% 20.00% 599 31.57%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00 2 769,256.00 1.43 7.977 356 36.50 36.50 580 40.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00 2 813,195.87 1.52 7.275 357 44.26 44.26 588 32.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 5 881,223.81 1.64 9.954 357 46.70 46.70 594 40.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 1 104,729.91 0.20 6.800 357 53.85 53.85 638 42.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 3 914,552.10 1.71 9.223 356 58.58 58.58 597 41.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 13 3,596,704.41 6.71 9.318 356 64.29 64.29 605 37.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 16 3,301,879.84 6.16 9.366 356 69.25 69.25 600 44.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 17 3,697,179.73 6.89 9.647 349 73.95 73.95 572 36.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 74 16,841,241.11 31.40 8.413 356 79.75 79.75 628 39.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 25 6,206,454.59 11.57 8.241 356 83.23 84.33 618 38.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 36 4,746,675.51 8.85 8.192 356 90.00 90.00 653 37.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 13 2,414,404.19 4.50 9.140 356 85.59 94.29 628 47.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 50 9,298,791.20 17.34 9.043 356 81.84 99.99 628 40.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 20.00%
Maximum: 100.00%
Weighted Average: 81.10%
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 37 $5,268,130.12 9.82% 8.459% 352 78.89% 79.37% 640 38.22%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.501 - 4.000 2 512,218.55 0.95 6.188 356 74.00 74.00 664 42.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 11 4,608,538.71 8.59 6.717 356 69.54 69.54 649 34.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 15 4,204,695.85 7.84 7.131 356 80.52 80.52 660 42.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 22 4,106,561.33 7.66 7.734 356 79.44 82.02 648 36.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 15 4,046,590.81 7.54 8.173 357 81.35 83.43 641 46.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 38 9,428,232.81 17.58 8.693 356 81.32 86.92 629 37.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 118 21,461,280.87 40.01 9.930 356 75.42 81.12 585 40.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 3.680%
Maximum: 6.990%
Non-Zero Weighted Average: 6.085%
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 37 $5,268,130.12 9.82% 8.459% 352 78.89% 79.37% 640 38.22%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 5 1,824,179.15 3.40 6.401 356 75.07 75.07 669 42.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 13 5,136,391.13 9.58 6.861 356 71.39 71.39 649 35.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 12 2,967,510.30 5.53 7.314 356 81.27 81.27 645 34.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 26 4,859,124.09 9.06 7.837 356 80.13 83.46 651 41.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 18 4,543,177.79 8.47 8.331 357 81.79 84.30 638 39.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 39 9,481,029.34 17.68 8.784 356 80.99 88.05 626 39.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 35 7,028,018.18 13.10 9.279 356 78.24 84.86 612 41.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 30 5,982,294.09 11.15 9.801 355 74.71 81.34 578 40.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 10 1,444,266.03 2.69 10.307 356 76.03 84.10 581 45.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 15 3,001,923.36 5.60 10.781 356 71.44 72.03 545 41.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 7 714,150.85 1.33 11.301 356 74.98 74.98 536 34.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 5 509,138.32 0.95 11.788 354 73.69 73.69 538 42.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 4 312,352.56 0.58 12.207 357 62.18 62.18 571 33.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 2 564,563.74 1.05 12.741 357 57.65 57.65 576 40.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 6.080%
Maximum: 12.800%
Non-Zero Weighted Average: 8.766%
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 37 $5,268,130.12 9.82% 8.459% 352 78.89% 79.37% 640 38.22%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 5 1,824,179.15 3.40 6.401 356 75.07 75.07 669 42.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 13 5,136,391.13 9.58 6.861 356 71.39 71.39 649 35.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 12 2,967,510.30 5.53 7.314 356 81.27 81.27 645 34.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 26 4,859,124.09 9.06 7.837 356 80.13 83.46 651 41.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500 18 4,543,177.79 8.47 8.331 357 81.79 84.30 638 39.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000 39 9,481,029.34 17.68 8.784 356 80.99 88.05 626 39.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500 35 7,028,018.18 13.10 9.279 356 78.24 84.86 612 41.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000 30 5,982,294.09 11.15 9.801 355 74.71 81.34 578 40.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500 10 1,444,266.03 2.69 10.307 356 76.03 84.10 581 45.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000 15 3,001,923.36 5.60 10.781 356 71.44 72.03 545 41.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500 7 714,150.85 1.33 11.301 356 74.98 74.98 536 34.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000 5 509,138.32 0.95 11.788 354 73.69 73.69 538 42.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500 4 312,352.56 0.58 12.207 357 62.18 62.18 571 33.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000 2 564,563.74 1.05 12.741 357 57.65 57.65 576 40.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 12.080%
Maximum: 18.800%
Non-Zero Weighted Average: 14.766%
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 $5,268,130.12 9.82% 8.459% 352 78.89% 79.37% 640 38.22%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 221 48,368,118.93 90.18 8.766 356 77.28 81.29 617 39.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%
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 37 $5,268,130.12 9.82% 8.459% 352 78.89% 79.37% 640 38.22%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 221 48,368,118.93 90.18 8.766 356 77.28 81.29 617 39.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 37 $5,268,130.12 9.82% 8.459% 352 78.89% 79.37% 640 38.22%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
July, 2008 1 156,787.71 0.29 9.550 351 70.00 100.00 693 47.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
August, 2008 1 163,098.86 0.30 8.000 352 80.00 100.00 650 49.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2008 4 1,283,268.35 2.39 9.818 353 77.51 78.39 590 40.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2008 8 2,236,712.79 4.17 9.302 354 74.31 74.31 585 35.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2008 9 1,292,410.30 2.41 9.346 355 76.98 79.77 584 34.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2008 80 16,966,997.87 31.63 8.837 356 79.12 85.49 621 40.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2009 60 11,275,530.86 21.02 9.072 357 77.27 80.44 606 41.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2009 2 835,771.67 1.56 9.322 354 80.00 80.00 618 34.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2009 7 1,914,544.50 3.57 9.372 355 78.89 82.36 618 39.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2009 29 6,900,224.15 12.86 8.137 356 74.63 77.95 640 40.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2010 19 4,944,134.29 9.22 7.863 357 74.84 76.50 624 38.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2011 1 398,637.58 0.74 6.850 356 80.00 80.00 643 20.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 $71,410.50 0.13% 9.600% 356 90.00% 90.00% 666 45.89%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ 6 1,077,974.35 2.01 8.037 356 81.77 83.95 610 45.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA 38 11,016,218.43 20.54 8.283 354 74.91 77.76 634 40.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO 4 552,713.33 1.03 8.916 356 77.54 87.42 613 44.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT 4 783,303.79 1.46 8.097 356 80.80 80.80 624 43.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC 2 559,654.50 1.04 9.699 354 76.43 76.43 573 22.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE 2 308,919.85 0.58 7.381 356 90.00 90.00 665 37.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL 24 4,287,002.83 7.99 8.545 356 78.61 81.33 637 39.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA 2 316,692.84 0.59 8.505 357 78.48 78.48 616 28.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI 3 885,917.42 1.65 8.745 356 80.00 86.14 617 47.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA 1 104,144.32 0.19 8.500 356 90.00 90.00 612 45.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID 2 241,282.71 0.45 8.144 356 83.36 100.00 685 44.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL 19 3,705,775.58 6.91 9.300 356 77.68 83.82 614 43.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN 8 621,628.98 1.16 8.903 357 85.66 93.00 641 40.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY 2 236,586.29 0.44 8.573 357 84.90 95.10 628 26.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA 11 2,738,046.74 5.10 9.130 357 73.04 74.14 619 37.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD 21 4,003,516.05 7.46 9.169 356 82.07 87.11 608 40.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN 3 464,258.74 0.87 8.850 357 86.18 90.45 605 29.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO 3 179,261.56 0.33 10.546 356 79.79 83.58 574 37.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC 7 638,351.67 1.19 9.526 356 84.11 84.11 605 34.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ 14 3,001,651.33 5.60 9.384 355 77.47 82.66 623 42.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM 2 250,117.63 0.47 9.487 356 80.00 100.00 608 36.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV 2 585,449.35 1.09 8.547 356 83.50 83.50 572 41.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY 26 10,269,465.16 19.15 8.662 356 72.14 75.39 604 38.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH 7 559,251.78 1.04 9.047 356 83.67 85.76 621 35.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK 1 155,326.41 0.29 8.600 356 90.00 100.00 623 32.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR 2 257,629.84 0.48 9.391 356 85.34 85.34 603 45.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 12 1,230,022.51 2.29 8.918 356 82.04 83.60 623 44.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI 2 539,067.54 1.01 9.972 354 74.67 86.98 599 47.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC 3 385,301.28 0.72 7.751 356 78.98 78.98 623 26.70
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN 3 206,063.14 0.38 9.447 357 86.70 86.70 631 41.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX 3 369,189.75 0.69 8.676 357 89.18 89.18 621 49.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA 6 1,287,634.98 2.40 8.329 356 79.99 86.97 628 31.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VT 1 311,027.24 0.58 7.300 356 80.00 80.00 683 44.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI 11 1,436,390.63 2.68 8.673 356 84.57 89.18 627 31.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 35
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 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Single Family 149 $26,587,766.39 49.57% 8.606% 355 80.47% 85.51% 624 40.27%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Multi Family 100 25,563,416.25 47.66 8.848 356 74.20 76.41 615 38.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo 9 1,485,066.41 2.77 9.139 356 78.79 82.98 626 44.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 131 $29,289,654.25 54.61% 8.599% 355 73.85% 74.19% 611 38.58%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase 119 22,745,546.75 42.41 8.891 356 82.31 90.51 631 41.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Refinance 8 1,601,048.05 2.99 9.048 356 73.85 73.85 612 36.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 164 $31,858,198.72 59.40% 8.386% 355 79.38% 81.54% 620 38.52%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation 3 1,314,930.66 2.45 8.756 356 78.01 82.01 583 40.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation 91 20,463,119.67 38.15 9.279 356 74.37 80.36 621 41.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 74 $15,631,190.82 29.14% 9.285% 356 79.75% 84.51% 619 40.60%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 30 7,889,307.74 14.71 8.826 356 78.71 82.74 628 42.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 101 19,242,165.21 35.88 8.786 356 77.05 81.49 608 39.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 53 10,873,585.28 20.27 7.793 354 73.85 74.33 634 36.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 25 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1 256 $53,567,562.07 99.87% 8.731% 356 77.42% 81.09% 620 39.63%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2 2 68,686.98 0.13 12.667 357 88.70 88.70 627 46.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 13 $2,331,787.25 4.35% 10.254% 356 73.76% 73.76% 513 37.16%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550 21 3,870,709.62 7.22 10.411 356 71.79 74.13 539 41.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575 24 4,804,523.73 8.96 9.637 356 75.00 78.53 563 43.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600 31 7,714,140.70 14.38 9.198 355 73.60 78.72 593 37.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625 46 8,394,279.97 15.65 8.769 356 74.65 78.55 612 39.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650 46 8,985,634.95 16.75 8.553 353 79.68 84.92 640 37.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675 47 10,758,844.25 20.06 7.875 356 82.00 84.39 662 39.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700 30 6,776,328.58 12.63 7.661 356 81.23 85.03 687 40.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 503
Maximum: 699
Weighted Average: 620
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 15 $2,780,611.87 5.18% 8.701% 356 80.41% 82.15% 603 13.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99 11 1,952,489.39 3.64 7.592 356 82.01 84.49 645 21.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99 23 4,207,327.05 7.84 8.576 356 74.51 77.14 613 27.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99 27 5,534,276.47 10.32 8.830 356 77.77 80.57 624 32.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99 32 6,978,683.86 13.01 8.947 352 77.35 80.45 615 37.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99 53 13,514,555.47 25.20 8.802 356 75.75 78.27 626 43.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99 77 14,433,399.13 26.91 8.534 356 78.79 83.61 626 47.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 54.99 20 4,234,905.81 7.90 9.451 356 76.74 85.04 586 52.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 258 $53,636,249.05 100.00% 8.736% 356 77.43% 81.10% 620 39.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 3.92%
Maximum: 54.98%
Weighted Average: 39.64%
2007-FRE1
Carrington Capital Management, LLC
LTV greater than 80
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 1,673
Aggregate Principal Balance ($): 413,346,838
Weighted Average Current Mortgage Rate (%): 8.081
Weighted Average Margin (%): 5.581
Weighted Average Maximum Rate (%): 14.047
Weighted Average Original Months to Roll: 29
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 356
Weighted Average Combined Original LTV (%): 90.09
% First Liens: 96.59
% Owner Occupied: 95.77
% Purchase: 28.98
% Full Documentation: 69.55
Non-Zero Weighted Average FICO Score: 618
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 4 $175,811.46 0.04% 10.787% 117 100.00% 100.00% 650 32.84%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15 Fixed 23 551,076.36 0.13 10.404 176 98.71 98.71 635 38.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20 Fixed 2 222,670.34 0.05 9.973 236 92.69 92.69 603 44.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 187 37,152,166.36 8.99 8.412 356 88.95 90.88 614 42.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 5YR-IO 26 8,733,786.00 2.11 6.718 357 87.15 87.94 647 43.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 341 34,369,269.14 8.31 9.117 356 92.28 92.82 628 38.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 119 25,259,961.91 6.11 8.690 356 89.66 90.45 597 39.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 3YR-IO 21 8,610,252.00 2.08 6.427 356 87.83 87.83 649 41.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 5YR-IO 22 8,821,696.00 2.13 6.696 356 87.98 87.98 648 41.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2YR-ARM 38 9,952,359.42 2.41 7.762 356 88.33 88.98 627 41.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3YR-ARM 84 27,704,608.22 6.70 7.620 356 88.85 89.16 629 42.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed 55 15,452,117.34 3.74 7.211 356 88.83 88.83 645 43.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 2YR-ARM 480 148,469,870.57 35.92 8.236 356 88.64 89.97 609 42.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 3YR-ARM 200 65,745,722.68 15.91 8.000 356 89.73 90.32 614 42.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 5YR-ARM 2 617,140.92 0.15 8.616 356 90.00 90.00 633 41.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 Fixed 62 19,423,515.48 4.70 7.423 356 88.73 89.15 638 42.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5YR-ARM 2 469,414.22 0.11 6.910 356 89.94 89.94 658 22.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5YR-ARM 5YR-IO 5 1,615,400.00 0.39 6.603 357 86.77 86.77 658 40.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 2 $868,250.00 0.21% 5.250% 357 87.15% 87.15% 645 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 24 9,319,072.73 2.25 5.845 357 86.73 86.73 653 42.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 74 28,124,284.20 6.80 6.356 356 87.90 88.14 652 42.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 165 56,399,988.88 13.64 6.837 356 88.24 88.39 642 40.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 163 53,750,651.92 13.00 7.329 356 88.72 88.95 634 42.37
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 199 63,275,618.92 15.31 7.812 356 88.45 89.07 617 42.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 197 56,596,714.98 13.69 8.332 356 88.95 89.93 605 42.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 279 69,202,757.40 16.74 8.803 356 89.36 90.97 599 42.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 147 31,575,203.42 7.64 9.274 356 89.60 91.71 595 41.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 168 25,548,070.82 6.18 9.772 353 90.72 92.77 596 41.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 63 6,371,174.92 1.54 10.262 356 92.16 95.33 608 38.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 59 4,337,739.18 1.05 10.829 347 96.49 97.07 629 37.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 86 5,102,594.42 1.23 11.399 353 99.47 99.58 641 36.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 25 1,513,285.55 0.37 11.752 349 99.00 99.00 639 40.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 14 996,258.83 0.24 12.352 353 99.81 99.81 613 25.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 7 239,281.11 0.06 12.733 329 95.22 95.22 634 44.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 1 125,891.14 0.03 13.325 356 100.00 100.00 609 47.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.250%
Maximum: 13.325%
Weighted Average: 8.081%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 - 50,000.00 124 $4,064,781.81 0.98% 10.988% 331 99.56% 99.56% 642 35.48%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 250 19,057,416.48 4.61 9.801 355 93.63 94.99 621 37.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 210 26,147,632.70 6.33 9.039 355 90.56 92.05 609 40.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 224 38,716,169.30 9.37 8.325 356 89.58 90.71 614 40.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00 194 43,233,387.32 10.46 8.174 356 88.48 89.56 604 41.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00 137 37,542,475.86 9.08 7.972 356 88.09 89.21 622 40.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 120 38,906,416.05 9.41 7.890 356 89.07 90.01 619 43.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00 99 36,917,986.18 8.93 7.693 356 88.80 89.80 619 41.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00 69 29,147,870.03 7.05 8.022 356 88.73 89.73 619 43.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00 63 30,123,973.54 7.29 7.927 356 88.52 89.08 617 43.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00 60 31,527,683.30 7.63 7.751 356 88.59 89.15 621 43.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00 49 28,117,160.31 6.80 7.663 356 88.48 89.16 625 41.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00 31 19,348,936.64 4.68 7.541 356 88.99 89.85 628 42.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00 23 15,435,591.77 3.73 7.479 356 88.94 89.16 630 40.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00 13 9,454,326.72 2.29 7.563 356 89.67 90.06 638 43.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00 6 4,768,521.69 1.15 7.634 356 86.44 86.44 609 46.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
800,000.01 - 850,000.00 1 836,508.72 0.20 5.700 357 85.00 85.00 638 49.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $14,886.94
Maximum: $836,508.72
Weighted Average: $247,069.24
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 4 $175,811.46 0.04% 10.787% 117 100.00% 100.00% 650 32.84%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180 23 551,076.36 0.13 10.404 176 98.71 98.71 635 38.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 2 222,670.34 0.05 9.973 236 92.69 92.69 603 44.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 1,644 412,397,280.26 99.77 8.076 356 89.16 90.07 618 41.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 120 Months
Maximum: 360 Months
Weighted Average: 360 Months
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 4 $175,811.46 0.04% 10.787% 117 100.00% 100.00% 650 32.84%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180 23 551,076.36 0.13 10.404 176 98.71 98.71 635 38.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 2 222,670.34 0.05 9.973 236 92.69 92.69 603 44.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 1,644 412,397,280.26 99.77 8.076 356 89.16 90.07 618 41.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 116 Months
Maximum: 357 Months
Weighted Average: 356 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 407 $117,514,298.98 28.43% 7.725% 356 84.45% 84.45% 613 42.15%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 681 201,851,211.17 48.83 7.920 356 89.69 89.69 621 41.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 135 34,040,192.70 8.24 8.123 355 93.71 94.62 622 43.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 450 59,941,135.57 14.50 9.297 354 94.15 99.92 620 41.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 80.30%
Maximum: 100.00%
Weighted Average: 90.09%
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 487 $70,194,460.12 16.98% 8.246% 354 90.61% 90.99% 635 40.68%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2.501 - 3.000 2 868,250.00 0.21 5.250 357 87.15 87.15 645 41.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.001 - 3.500 14 5,603,489.59 1.36 5.758 357 87.30 87.30 651 43.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.501 - 4.000 36 14,532,802.22 3.52 6.187 356 87.38 87.86 651 41.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 87 31,166,737.25 7.54 6.687 356 88.07 88.24 643 42.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 126 46,137,482.70 11.16 7.153 356 88.28 88.53 636 41.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 177 56,584,711.61 13.69 7.725 356 88.92 89.34 619 42.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 189 56,301,808.72 13.62 8.222 356 88.86 89.76 609 42.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 222 60,085,708.32 14.54 8.667 356 89.19 90.70 598 42.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 333 71,871,387.89 17.39 9.397 356 89.80 92.05 595 41.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 2.863%
Maximum: 6.990%
Non-Zero Weighted Average: 5.581%
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 487 $70,194,460.12 16.98% 8.246% 354 90.61% 90.99% 635 40.68%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 2 868,250.00 0.21 5.250 357 87.15 87.15 645 41.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 21 8,744,505.78 2.12 5.835 357 86.72 86.72 652 44.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 51 19,931,219.96 4.82 6.347 356 87.83 88.18 646 41.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 110 40,120,036.25 9.71 6.849 356 88.31 88.53 641 40.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 125 44,960,018.75 10.88 7.329 356 88.67 88.86 632 42.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 166 54,601,137.97 13.21 7.813 356 88.55 89.24 616 42.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 173 52,222,280.27 12.63 8.329 356 89.00 89.91 604 42.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 253 65,689,501.39 15.89 8.803 356 89.35 91.07 598 42.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 137 30,078,871.28 7.28 9.275 356 89.67 91.75 596 41.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 106 21,303,561.75 5.15 9.756 356 90.22 92.56 595 41.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 25 3,117,631.78 0.75 10.263 356 88.46 93.02 588 39.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 12 1,225,841.84 0.30 10.705 356 91.11 92.50 589 40.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 5 289,521.28 0.07 11.222 356 94.06 94.06 599 39.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.250%
Maximum: 11.350%
Non-Zero Weighted Average: 8.047%
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 487 $70,194,460.12 16.98% 8.246% 354 90.61% 90.99% 635 40.68%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 2 868,250.00 0.21 5.250 357 87.15 87.15 645 41.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 21 8,744,505.78 2.12 5.835 357 86.72 86.72 652 44.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 51 19,931,219.96 4.82 6.347 356 87.83 88.18 646 41.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 110 40,120,036.25 9.71 6.849 356 88.31 88.53 641 40.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 125 44,960,018.75 10.88 7.329 356 88.67 88.86 632 42.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 166 54,601,137.97 13.21 7.813 356 88.55 89.24 616 42.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500 173 52,222,280.27 12.63 8.329 356 89.00 89.91 604 42.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000 253 65,689,501.39 15.89 8.803 356 89.35 91.07 598 42.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500 137 30,078,871.28 7.28 9.275 356 89.67 91.75 596 41.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000 106 21,303,561.75 5.15 9.756 356 90.22 92.56 595 41.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500 25 3,117,631.78 0.75 10.263 356 88.46 93.02 588 39.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000 12 1,225,841.84 0.30 10.705 356 91.11 92.50 589 40.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500 5 289,521.28 0.07 11.222 356 94.06 94.06 599 39.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 11.250%
Maximum: 17.350%
Non-Zero Weighted Average: 14.047%
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 487 $70,194,460.12 16.98% 8.246% 354 90.61% 90.99% 635 40.68%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 1,186 343,152,378.30 83.02 8.047 356 88.88 89.91 615 42.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%
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 487 $70,194,460.12 16.98% 8.246% 354 90.61% 90.99% 635 40.68%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 1,186 343,152,378.30 83.02 8.047 356 88.88 89.91 615 42.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 487 $70,194,460.12 16.98% 8.246% 354 90.61% 90.99% 635 40.68%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
July, 2008 1 166,610.89 0.04 9.350 351 90.00 90.00 691 30.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2008 4 1,127,328.05 0.27 8.381 353 86.32 87.32 634 41.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2008 12 3,371,256.79 0.82 8.410 354 86.82 90.07 587 45.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2008 52 18,086,888.05 4.38 8.011 355 88.09 89.57 598 44.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2008 373 111,933,455.49 27.08 8.244 356 88.50 89.86 616 41.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2009 289 69,622,643.08 16.84 8.103 357 89.05 90.38 612 42.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2009 1 113,964.28 0.03 9.240 353 93.00 93.00 627 37.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2009 5 1,684,111.66 0.41 8.726 354 85.66 86.97 610 46.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2009 23 10,005,293.04 2.42 7.967 355 89.24 89.46 616 41.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2009 264 77,141,826.11 18.66 7.930 356 89.91 90.34 620 41.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2010 153 47,197,045.72 11.42 7.707 357 88.45 89.07 617 43.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2011 5 1,681,555.14 0.41 7.444 356 88.22 88.22 658 36.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2012 4 1,020,400.00 0.25 6.576 357 87.80 87.80 643 39.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 6 $502,239.66 0.12% 9.361% 356 93.40% 93.94% 630 39.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR 4 590,807.25 0.14 8.275 356 91.93 91.93 601 41.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ 37 8,918,581.42 2.16 8.179 356 88.86 90.27 620 40.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA 252 98,117,821.82 23.74 7.690 356 88.80 89.50 624 41.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO 22 4,562,488.72 1.10 8.264 356 89.40 90.19 602 41.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT 33 8,382,951.39 2.03 7.754 356 88.74 89.15 626 41.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC 7 1,674,143.80 0.41 8.234 356 89.72 92.92 622 36.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE 8 1,723,777.42 0.42 7.580 356 88.07 88.07 623 40.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL 189 43,623,760.79 10.55 8.210 356 88.78 90.13 614 42.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA 67 10,608,958.99 2.57 8.702 356 90.58 92.12 602 41.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI 12 5,205,702.22 1.26 8.115 356 87.35 88.77 610 41.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA 2 251,705.34 0.06 8.764 357 90.00 90.00 613 46.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID 11 1,603,126.49 0.39 8.048 356 89.69 90.20 642 39.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL 101 17,410,011.34 4.21 8.606 356 89.51 91.08 622 42.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN 19 1,866,865.53 0.45 8.787 356 90.54 92.75 618 40.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS 8 666,826.75 0.16 9.879 356 93.20 94.23 592 41.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY 6 793,694.39 0.19 8.358 357 91.87 91.87 615 37.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA 73 17,970,694.65 4.35 8.292 356 88.53 89.12 626 42.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD 133 36,800,673.87 8.90 7.936 356 89.16 89.57 615 42.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME 3 303,593.85 0.07 9.276 356 90.00 95.41 600 47.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI 11 1,173,546.83 0.28 9.378 356 89.59 90.21 583 36.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN 26 5,255,725.43 1.27 8.422 356 89.99 92.25 609 42.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO 14 1,387,351.21 0.34 8.931 353 90.69 96.32 612 44.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC 48 7,417,037.50 1.79 8.570 355 89.90 90.82 616 38.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE 2 223,767.25 0.05 9.654 356 95.00 98.22 593 44.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH 7 1,459,345.86 0.35 8.243 356 88.39 88.39 617 41.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ 64 20,615,713.81 4.99 8.438 356 89.90 90.28 620 44.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM 8 1,291,389.87 0.31 8.904 341 89.86 90.90 601 44.42
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV 12 3,067,124.96 0.74 8.398 356 89.25 89.90 602 39.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY 137 55,685,784.11 13.47 7.766 356 88.95 89.57 626 42.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH 24 2,430,301.38 0.59 8.967 353 89.99 91.54 608 39.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK 6 729,762.16 0.18 8.239 334 89.11 91.24 599 39.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR 15 2,352,478.89 0.57 7.807 356 89.08 90.11 637 38.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 46 6,368,237.00 1.54 8.722 356 89.58 90.21 608 39.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI 16 3,462,048.98 0.84 8.549 356 88.20 91.95 598 42.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC 17 2,473,218.70 0.60 8.863 354 90.38 93.72 597 33.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN 24 3,024,874.73 0.73 8.400 356 89.80 91.41 615 33.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX 55 4,168,413.95 1.01 8.758 344 94.08 95.00 630 40.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT 9 1,636,643.80 0.40 8.427 357 89.43 89.82 604 41.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA 56 12,558,820.53 3.04 8.133 356 89.25 89.91 605 42.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VT 1 30,720.24 0.01 11.500 357 95.00 95.00 641 46.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA 32 8,314,265.85 2.01 7.787 356 88.83 89.54 609 42.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI 49 6,353,471.68 1.54 8.583 355 90.67 92.31 617 36.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV 1 288,368.01 0.07 9.050 356 85.00 85.00 599 38.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 85 $14,218,259.38 3.44% 8.400% 356 87.88% 90.67% 638 37.55%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 1,573 395,867,805.83 95.77 8.070 356 89.22 90.05 618 42.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home 15 3,260,773.21 0.79 8.066 356 89.43 91.97 623 38.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Single Family 1,362 $328,789,495.08 79.54% 8.076% 356 89.07% 90.00% 616 41.58%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Multi Family 220 68,234,595.84 16.51 7.990 356 89.49 90.40 627 43.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo 90 16,170,184.58 3.91 8.542 356 89.94 90.48 623 40.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Manufactured 1 152,562.92 0.04 9.750 354 90.00 100.00 569 52.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 978 $280,905,403.03 67.96% 7.811% 356 88.38% 88.43% 619 42.33%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase 642 119,769,609.60 28.98 8.726 355 91.09 94.04 617 41.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Refinance 53 12,671,825.79 3.07 7.976 356 88.69 89.44 614 38.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 1,216 $287,484,336.65 69.55% 7.878% 356 89.26% 90.07% 614 41.44%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation 25 7,333,115.34 1.77 7.901 356 88.28 89.65 619 41.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation 432 118,529,386.43 28.68 8.585 356 89.03 90.15 630 42.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0 551 $116,913,203.45 28.28% 8.431% 355 89.79% 90.55% 618 42.28%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 228 77,928,738.46 18.85 7.987 356 88.93 90.00 623 42.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 541 136,816,696.81 33.10 8.175 356 88.93 90.10 612 41.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 8 1,754,865.25 0.42 8.616 356 89.97 89.97 603 36.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 345 79,933,334.45 19.34 7.488 356 88.92 89.49 627 41.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 24 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1 1,434 $399,259,063.02 96.59% 7.974% 356 88.80% 89.75% 618 42.08%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2 239 14,087,775.40 3.41 11.110 347 99.78 99.78 642 35.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 7 $1,693,507.97 0.41% 9.400% 356 85.66% 85.66% 515 45.43%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550 56 11,734,654.03 2.84 8.800 356 85.33 86.66 540 42.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575 205 50,673,087.49 12.26 8.688 356 88.66 90.20 562 42.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600 248 62,715,781.88 15.17 8.506 356 88.39 89.71 588 42.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625 417 106,477,975.61 25.76 8.150 356 89.48 90.40 612 42.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650 388 88,422,056.19 21.39 7.973 356 89.84 90.47 638 41.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675 239 61,149,716.05 14.79 7.363 355 89.56 89.98 662 41.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700 113 30,480,059.20 7.37 7.359 356 89.59 90.26 686 40.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 501
Maximum: 699
Weighted Average: 618
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 96 $16,214,391.49 3.92% 8.448% 355 90.08% 90.95% 623 15.41%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99 48 8,743,737.89 2.12 8.359 355 89.79 90.45 622 22.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99 93 18,445,624.47 4.46 8.086 356 89.56 90.72 628 27.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99 150 32,148,136.97 7.78 8.097 355 88.96 89.61 617 32.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99 217 51,339,782.78 12.42 8.017 356 89.14 89.97 620 37.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99 359 93,084,275.95 22.52 8.103 356 88.99 89.81 620 42.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99 626 174,376,907.80 42.19 8.047 356 89.30 90.04 617 47.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 54.99 84 18,993,981.07 4.60 7.980 356 87.99 91.58 608 53.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,673 $413,346,838.42 100.00% 8.081% 356 89.18% 90.09% 618 41.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 3.47%
Maximum: 54.99%
Weighted Average: 41.87%
2007-FRE1
Carrington Capital Management, LLC
LTV greater than 85
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 1,234
Aggregate Principal Balance ($): 288,653,467
Weighted Average Current Mortgage Rate (%): 8.207
Weighted Average Margin (%): 5.669
Weighted Average Maximum Rate (%): 14.137
Weighted Average Original Months to Roll: 29
Weighted Average Stated Original Term (months): 359
Weighted Average Stated Remaining Term (months): 356
Weighted Average Combined Original LTV (%): 92.17
% First Liens: 95.13
% Owner Occupied: 96.18
% Purchase: 34.48
% Full Documentation: 69.88
Non-Zero Weighted Average FICO Score: 622
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 4 $175,811.46 0.06% 10.787% 117 100.00% 100.00% 650 32.84%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15 Fixed 23 551,076.36 0.19 10.404 176 98.71 98.71 635 38.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20 Fixed 2 222,670.34 0.08 9.973 236 92.69 92.69 603 44.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 133 26,432,891.06 9.16 8.403 356 90.67 92.75 621 42.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 5YR-IO 14 4,508,350.00 1.56 6.922 357 89.55 91.08 650 41.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 288 25,315,586.97 8.77 9.584 356 95.14 95.49 633 37.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 85 17,205,013.24 5.96 8.786 356 92.27 93.13 605 40.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 3YR-IO 12 5,645,222.00 1.96 6.505 356 89.78 89.78 645 40.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 5YR-IO 14 5,445,396.00 1.89 6.631 356 90.48 90.48 655 38.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2YR-ARM 29 7,404,414.50 2.57 7.855 356 89.84 90.71 632 41.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3YR-ARM 55 18,914,464.11 6.55 7.624 356 90.79 91.17 633 41.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed 37 10,078,187.43 3.49 7.303 356 91.07 91.07 649 44.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 2YR-ARM 348 102,096,730.85 35.37 8.341 356 90.47 91.99 613 42.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 3YR-ARM 147 50,467,585.58 17.48 8.068 356 91.35 91.75 614 43.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 5YR-ARM 2 617,140.92 0.21 8.616 356 90.00 90.00 633 41.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 Fixed 36 12,484,311.57 4.33 7.347 356 91.24 91.39 645 43.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5YR-ARM 2 469,414.22 0.16 6.910 356 89.94 89.94 658 22.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5YR-ARM 5YR-IO 3 619,200.00 0.21 6.955 357 89.61 89.61 649 40.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 $388,000.00 0.13% 5.250% 357 89.81% 89.81% 634 44.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 12 4,373,969.81 1.52 5.810 357 89.09 89.09 657 39.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 40 17,059,184.55 5.91 6.370 356 90.27 90.67 655 41.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 99 36,019,913.62 12.48 6.855 356 90.41 90.65 646 40.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 105 35,759,281.14 12.39 7.347 356 90.92 90.97 637 42.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 136 42,314,739.67 14.66 7.804 356 90.40 91.03 620 43.04
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 141 40,186,981.57 13.92 8.341 356 90.85 92.05 610 42.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 219 52,922,347.50 18.33 8.811 356 90.80 92.39 602 42.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 111 23,977,486.89 8.31 9.274 356 91.20 93.53 602 42.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 140 19,967,116.28 6.92 9.773 352 92.37 94.04 603 41.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 49 4,188,680.24 1.45 10.293 356 95.89 97.95 627 37.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 52 3,722,102.77 1.29 10.839 346 98.39 99.06 643 37.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 84 4,988,001.58 1.73 11.403 353 99.80 99.91 643 36.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 24 1,462,350.97 0.51 11.759 349 99.49 99.49 641 40.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 14 996,258.83 0.35 12.352 353 99.81 99.81 613 25.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 6 201,160.05 0.07 12.758 324 97.42 97.42 636 42.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 1 125,891.14 0.04 13.325 356 100.00 100.00 609 47.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.250%
Maximum: 13.325%
Weighted Average: 8.207%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 - 50,000.00 123 $4,026,660.75 1.39% 10.973% 331 99.71% 99.71% 643 35.34%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 209 15,835,649.02 5.49 9.983 355 95.42 96.62 626 37.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 152 19,085,148.76 6.61 9.165 355 92.83 94.44 612 41.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 169 29,122,524.72 10.09 8.478 356 91.26 92.50 613 40.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00 130 29,018,363.94 10.05 8.263 356 90.56 91.95 608 41.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00 81 22,214,705.60 7.70 8.078 356 90.65 91.68 626 41.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 85 27,462,271.47 9.51 7.974 356 90.88 91.86 622 43.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00 71 26,392,581.19 9.14 7.741 356 90.61 91.23 623 41.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00 48 20,218,319.90 7.00 8.150 356 90.54 91.67 625 44.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00 36 17,253,897.19 5.98 8.197 356 91.53 92.08 612 43.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00 41 21,594,288.74 7.48 7.683 356 90.52 90.94 625 44.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00 33 18,912,273.58 6.55 7.623 356 90.45 91.46 629 40.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00 24 15,013,983.10 5.20 7.652 356 90.23 91.33 629 42.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00 18 12,088,812.98 4.19 7.531 356 90.17 90.45 638 39.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00 11 8,027,607.48 2.78 7.526 356 90.52 90.98 639 43.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00 3 2,386,378.19 0.83 8.316 356 88.28 88.28 603 45.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $14,886.94
Maximum: $799,791.97
Weighted Average: $233,916.91
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 4 $175,811.46 0.06% 10.787% 117 100.00% 100.00% 650 32.84%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180 23 551,076.36 0.19 10.404 176 98.71 98.71 635 38.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 2 222,670.34 0.08 9.973 236 92.69 92.69 603 44.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 1,205 287,703,908.45 99.67 8.200 356 91.19 92.15 622 41.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 120 Months
Maximum: 360 Months
Weighted Average: 359 Months
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 4 $175,811.46 0.06% 10.787% 117 100.00% 100.00% 650 32.84%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180 23 551,076.36 0.19 10.404 176 98.71 98.71 635 38.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 2 222,670.34 0.08 9.973 236 92.69 92.69 603 44.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 1,205 287,703,908.45 99.67 8.200 356 91.19 92.15 622 41.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 116 Months
Maximum: 357 Months
Weighted Average: 356 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 681 $201,851,211.17 69.93% 7.920% 356 89.69% 89.69% 621 41.54%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 127 32,797,907.49 11.36 8.083 355 94.04 94.67 625 43.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 426 54,004,347.95 18.71 9.357 354 95.18 99.91 623 41.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 85.65%
Maximum: 100.00%
Weighted Average: 92.17%
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 390 $48,827,644.13 16.92% 8.556% 353 93.35% 93.57% 639 40.69%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2.501 - 3.000 1 388,000.00 0.13 5.250 357 89.81 89.81 634 44.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.001 - 3.500 9 3,247,226.19 1.12 5.750 357 89.20 89.20 658 38.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.501 - 4.000 17 7,306,915.64 2.53 6.228 356 90.51 91.46 655 38.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 50 19,665,424.42 6.81 6.697 356 90.25 90.52 647 41.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 78 28,805,674.21 9.98 7.146 356 90.62 90.74 641 40.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 129 41,024,496.04 14.21 7.706 356 90.53 90.77 624 42.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 137 40,116,029.53 13.90 8.253 356 90.71 91.94 612 42.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 165 43,374,640.41 15.03 8.677 356 90.95 92.44 603 42.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 258 55,897,416.04 19.36 9.374 356 91.26 93.52 601 42.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 2.863%
Maximum: 6.990%
Non-Zero Weighted Average: 5.669%
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 390 $48,827,644.13 16.92% 8.556% 353 93.35% 93.57% 639 40.69%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 1 388,000.00 0.13 5.250 357 89.81 89.81 634 44.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 11 4,149,646.43 1.44 5.800 357 89.04 89.04 657 40.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 26 11,828,538.94 4.10 6.364 356 90.37 90.96 650 40.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 70 26,342,074.53 9.13 6.866 356 90.33 90.65 645 40.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 81 29,909,148.83 10.36 7.348 356 90.85 90.85 636 42.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 115 36,703,695.55 12.72 7.804 356 90.45 91.13 620 42.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 127 37,754,714.51 13.08 8.338 356 90.82 91.97 609 42.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 198 50,320,278.82 17.43 8.811 356 90.78 92.47 602 42.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 105 23,100,024.45 8.00 9.272 356 91.23 93.65 602 42.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 84 16,600,977.12 5.75 9.756 356 91.76 93.61 600 41.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 16 1,752,578.28 0.61 10.291 356 91.16 96.08 603 42.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 7 801,216.58 0.28 10.697 356 94.35 96.47 619 40.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 3 174,928.44 0.06 11.204 357 100.00 100.00 636 37.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.250%
Maximum: 11.350%
Non-Zero Weighted Average: 8.137%
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 390 $48,827,644.13 16.92% 8.556% 353 93.35% 93.57% 639 40.69%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 1 388,000.00 0.13 5.250 357 89.81 89.81 634 44.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 11 4,149,646.43 1.44 5.800 357 89.04 89.04 657 40.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 26 11,828,538.94 4.10 6.364 356 90.37 90.96 650 40.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 70 26,342,074.53 9.13 6.866 356 90.33 90.65 645 40.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 81 29,909,148.83 10.36 7.348 356 90.85 90.85 636 42.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 115 36,703,695.55 12.72 7.804 356 90.45 91.13 620 42.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500 127 37,754,714.51 13.08 8.338 356 90.82 91.97 609 42.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000 198 50,320,278.82 17.43 8.811 356 90.78 92.47 602 42.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500 105 23,100,024.45 8.00 9.272 356 91.23 93.65 602 42.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000 84 16,600,977.12 5.75 9.756 356 91.76 93.61 600 41.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500 16 1,752,578.28 0.61 10.291 356 91.16 96.08 603 42.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000 7 801,216.58 0.28 10.697 356 94.35 96.47 619 40.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500 3 174,928.44 0.06 11.204 357 100.00 100.00 636 37.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 11.250%
Maximum: 17.350%
Non-Zero Weighted Average: 14.137%
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 390 $48,827,644.13 16.92% 8.556% 353 93.35% 93.57% 639 40.69%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 844 239,825,822.48 83.08 8.136 356 90.77 91.88 618 41.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%
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 390 $48,827,644.13 16.92% 8.556% 353 93.35% 93.57% 639 40.69%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 844 239,825,822.48 83.08 8.136 356 90.77 91.88 618 41.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 390 $48,827,644.13 16.92% 8.556% 353 93.35% 93.57% 639 40.69%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
July, 2008 1 166,610.89 0.06 9.350 351 90.00 90.00 691 30.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2008 1 305,200.02 0.11 9.250 353 90.00 90.00 562 41.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2008 7 1,333,666.94 0.46 8.552 354 90.00 92.67 613 45.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2008 33 11,387,828.42 3.95 8.069 355 90.08 91.91 602 44.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2008 264 76,302,974.37 26.43 8.352 356 90.36 91.90 621 41.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2009 218 50,946,105.77 17.65 8.207 357 90.67 92.27 613 42.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2009 1 113,964.28 0.04 9.240 353 93.00 93.00 627 37.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2009 2 435,731.55 0.15 9.351 354 90.00 95.05 585 47.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2009 17 7,572,713.13 2.62 7.874 355 90.86 91.04 625 42.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2009 196 59,189,542.65 20.51 7.953 356 91.56 92.03 621 41.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2010 97 30,365,729.32 10.52 7.900 357 90.79 91.14 616 43.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2011 4 1,086,555.14 0.38 7.879 356 89.98 89.98 644 33.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2012 3 619,200.00 0.21 6.955 357 89.61 89.61 649 40.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 5 $400,404.60 0.14% 9.427% 356 95.54% 96.22% 626 41.01%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR 3 437,170.66 0.15 9.079 356 94.48 94.48 592 45.37
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ 29 6,927,889.15 2.40 8.289 356 90.05 91.87 624 39.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA 179 66,864,268.17 23.16 7.802 356 90.81 91.60 627 41.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO 16 2,860,407.75 0.99 8.477 356 92.04 92.57 605 42.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT 25 6,004,214.42 2.08 7.809 356 90.57 91.14 631 41.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC 6 1,385,822.20 0.48 8.554 356 91.24 95.10 616 38.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE 5 898,488.87 0.31 7.401 356 90.88 90.88 638 42.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL 136 30,207,215.93 10.46 8.317 356 90.67 92.04 617 41.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA 57 8,404,592.25 2.91 8.804 355 92.11 93.55 601 41.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI 6 3,056,017.54 1.06 8.407 356 89.29 89.29 630 40.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA 2 251,705.34 0.09 8.764 357 90.00 90.00 613 46.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID 9 1,352,927.18 0.47 8.250 356 90.56 91.16 637 39.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL 78 12,414,124.83 4.30 8.869 356 91.72 93.69 621 41.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN 15 1,547,846.98 0.54 8.832 356 91.69 93.75 626 40.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS 7 590,369.30 0.20 9.928 356 94.27 95.42 601 42.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY 5 696,015.37 0.24 8.542 357 93.11 93.11 610 39.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA 48 10,278,386.94 3.56 8.391 355 91.64 92.18 639 41.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD 96 26,515,479.52 9.19 8.050 356 91.06 91.63 619 43.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME 3 303,593.85 0.11 9.276 356 90.00 95.41 600 47.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI 8 884,065.93 0.31 9.472 356 91.10 91.91 588 36.70
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN 18 3,899,944.63 1.35 8.756 356 91.95 94.99 600 43.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO 10 846,465.70 0.29 8.856 352 94.33 96.92 620 46.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC 37 4,982,919.80 1.73 8.544 355 92.56 93.34 620 38.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE 2 223,767.25 0.08 9.654 356 95.00 98.22 593 44.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH 5 1,051,797.27 0.36 8.298 356 89.71 89.71 613 38.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ 46 14,656,953.14 5.08 8.570 356 92.05 92.59 623 45.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM 6 905,113.22 0.31 9.589 335 91.93 93.42 597 45.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV 10 2,365,025.83 0.82 8.634 356 90.54 91.39 599 37.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY 93 38,197,193.27 13.23 7.855 356 90.99 91.59 632 42.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH 17 1,603,841.62 0.56 9.005 351 92.55 93.76 622 37.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK 4 419,981.04 0.15 8.229 318 92.14 95.83 619 38.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR 12 1,799,457.23 0.62 8.351 357 90.63 91.98 630 37.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 33 4,278,423.27 1.48 8.717 356 91.98 92.73 609 39.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI 11 2,305,448.83 0.80 8.444 356 90.16 93.18 614 44.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC 15 1,944,107.85 0.67 9.268 354 91.84 95.51 590 38.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN 20 2,588,174.69 0.90 8.410 356 90.88 92.27 616 33.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX 52 3,863,965.60 1.34 8.901 343 94.96 95.94 627 41.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT 6 1,216,345.21 0.42 8.358 357 91.04 91.57 605 41.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA 41 9,212,125.48 3.19 8.218 355 91.18 91.44 605 42.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VT 1 30,720.24 0.01 11.500 357 95.00 95.00 641 46.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA 18 5,136,136.64 1.78 7.820 356 91.52 91.89 611 44.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI 39 4,844,552.02 1.68 8.634 355 92.47 93.92 618 37.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 43
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 57 $8,299,850.04 2.88% 8.477% 356 90.16% 93.48% 647 38.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 1,166 277,635,347.53 96.18 8.204 356 91.25 92.12 621 41.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home 11 2,718,269.04 0.94 7.759 356 90.32 92.95 632 37.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Single Family 996 $227,291,633.49 78.74% 8.208% 356 91.13% 92.11% 619 41.41%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Multi Family 168 49,565,119.72 17.17 8.056 356 91.35 92.31 632 43.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo 69 11,644,150.48 4.03 8.818 356 92.17 92.67 625 39.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Manufactured 1 152,562.92 0.05 9.750 354 90.00 100.00 569 52.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 632 $180,233,269.78 62.44% 7.882% 356 90.57% 90.63% 623 42.27%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase 564 99,518,803.24 34.48 8.818 355 92.41 95.01 620 41.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Refinance 38 8,901,393.59 3.08 7.961 356 90.71 91.60 618 38.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 888 $201,713,377.08 69.88% 8.006% 356 91.32% 92.18% 616 41.19%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation 17 4,760,181.35 1.65 7.977 356 90.27 91.98 624 41.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation 329 82,179,908.18 28.47 8.716 355 90.99 92.16 634 43.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0 431 $83,900,800.71 29.07% 8.583% 355 91.91% 92.85% 621 42.62%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 164 53,927,001.41 18.68 8.137 356 90.87 92.07 625 42.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 398 95,570,255.51 33.11 8.255 356 90.81 91.96 617 40.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 5 1,111,106.40 0.38 8.166 356 93.25 93.25 630 35.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 236 54,144,302.58 18.76 7.613 356 91.12 91.56 627 41.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 24 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1 996 $274,603,812.27 95.13% 8.059% 356 90.77% 91.78% 621 42.03%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2 238 14,049,654.34 4.87 11.106 347 99.82 99.82 642 35.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 1 $322,521.08 0.11% 10.000% 356 90.00% 90.00% 525 46.62%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550 9 1,901,864.97 0.66 8.611 356 89.61 90.81 548 43.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575 156 37,392,470.40 12.95 8.765 356 90.09 91.51 562 42.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600 150 35,176,894.14 12.19 8.579 356 91.35 92.77 588 42.42
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625 334 81,157,159.02 28.12 8.299 356 91.09 92.21 613 42.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650 318 66,157,062.85 22.92 8.267 356 91.70 92.30 638 41.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675 180 44,912,830.25 15.56 7.517 355 91.41 91.97 663 40.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700 86 21,632,663.90 7.49 7.484 356 91.62 92.33 685 40.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 525
Maximum: 699
Weighted Average: 622
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 77 $11,831,179.46 4.10% 8.606% 355 92.34% 92.87% 631 15.59%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99 38 6,706,991.07 2.32 8.604 355 91.52 92.39 614 22.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99 71 13,754,498.28 4.77 8.093 356 91.21 92.68 633 27.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99 105 21,415,156.84 7.42 8.103 355 91.18 91.59 622 32.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99 154 34,773,262.97 12.05 8.152 356 91.47 92.46 623 37.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99 268 67,254,911.65 23.30 8.181 356 90.70 91.70 625 42.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99 461 120,041,041.02 41.59 8.210 356 91.45 92.09 619 47.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 54.99 60 12,876,425.32 4.46 8.200 356 89.78 94.19 608 53.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,234 $288,653,466.61 100.00% 8.207% 356 91.21% 92.17% 622 41.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 3.47%
Maximum: 54.99%
Weighted Average: 41.74%
2007-FRE1
Carrington Capital Management, LLC
FICO less than 600
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 1,687
Aggregate Principal Balance ($): 397,574,604
Weighted Average Current Mortgage Rate (%): 8.971
Weighted Average Margin (%): 6.261
Weighted Average Maximum Rate (%): 14.995
Weighted Average Original Months to Roll: 28
Weighted Average Stated Original Term (months): 359
Weighted Average Stated Remaining Term (months): 355
Weighted Average Combined Original LTV (%): 78.80
% First Liens: 100.00
% Owner Occupied: 94.53
% Purchase: 17.45
% Full Documentation: 65.83
Non-Zero Weighted Average FICO Score: 558
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 5 $1,536,744.75 0.39% 8.040% 176 75.70% 75.70% 550 37.07%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20 Fixed 2 381,820.36 0.10 8.969 237 84.27 84.27 573 36.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 504 100,208,871.70 25.21 9.498 356 76.16 77.77 544 39.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 5YR-IO 5 1,044,700.00 0.26 7.318 356 71.09 71.09 590 46.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 149 25,668,432.11 6.46 8.982 356 73.50 74.26 559 40.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 241 48,339,468.69 12.16 9.441 356 75.69 76.75 549 39.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 5YR-IO 1 197,000.00 0.05 6.300 356 39.40 39.40 594 49.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2YR-ARM 81 20,691,999.13 5.20 9.467 356 75.67 77.02 540 42.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3YR-ARM 51 15,222,719.81 3.83 9.017 356 79.03 79.34 550 43.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed 16 3,772,710.33 0.95 8.715 356 75.75 76.39 564 44.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 2YR-ARM 425 122,193,146.31 30.73 8.546 356 79.53 81.01 570 41.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 3YR-ARM 162 47,124,379.90 11.85 8.507 356 80.73 81.63 572 42.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 5YR-ARM 3 761,131.09 0.19 8.740 356 77.02 77.02 563 37.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 Fixed 35 8,734,096.06 2.20 8.267 356 75.32 75.78 577 41.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5YR-ARM 7 1,697,384.02 0.43 7.864 356 76.62 77.56 555 43.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 2 $622,497.46 0.16% 5.963% 357 65.65% 65.65% 586 37.19%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 7 1,884,333.79 0.47 6.437 357 67.55 67.55 578 42.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 35 14,472,317.77 3.64 6.906 356 73.24 74.45 575 38.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 74 22,284,791.62 5.61 7.353 356 75.79 75.79 575 40.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 171 50,148,157.07 12.61 7.828 351 76.80 77.55 570 40.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 198 53,390,148.21 13.43 8.345 355 80.86 81.59 564 41.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 329 81,576,759.30 20.52 8.819 356 80.17 81.62 561 41.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 261 59,105,571.54 14.87 9.315 356 79.13 81.04 556 41.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 286 59,640,170.91 15.00 9.801 356 78.02 79.83 548 40.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 117 21,646,743.99 5.44 10.292 356 75.03 77.10 542 41.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 85 15,064,617.93 3.79 10.759 356 72.03 72.53 535 41.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 46 6,421,751.53 1.62 11.303 356 68.90 70.05 538 42.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 41 5,681,023.06 1.43 11.757 356 65.41 66.16 534 38.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 27 3,581,180.94 0.90 12.340 356 62.70 62.70 534 40.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 8 2,054,539.14 0.52 12.721 356 62.09 62.09 538 41.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.950%
Maximum: 12.800%
Weighted Average: 8.971%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 $299,667.63 0.08% 11.084% 357 50.27% 50.27% 559 31.97%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 232 18,409,500.22 4.63 9.807 355 75.26 77.64 553 38.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 318 39,696,804.34 9.98 9.532 356 75.78 77.67 554 39.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 304 52,787,868.57 13.28 9.237 355 75.45 76.74 556 39.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00 255 57,523,685.88 14.47 8.992 356 77.55 78.31 557 41.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00 156 42,841,352.41 10.78 9.082 356 76.30 77.92 557 40.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 105 34,381,377.89 8.65 8.790 356 77.07 78.25 560 41.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00 91 34,060,546.21 8.57 8.770 356 81.38 83.27 561 41.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00 53 22,411,929.95 5.64 8.734 356 78.64 79.31 560 40.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00 51 24,402,317.35 6.14 8.626 356 78.52 79.69 563 43.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00 39 20,464,992.37 5.15 8.630 356 80.32 80.77 556 43.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00 30 17,233,854.43 4.33 8.616 350 80.88 81.90 563 42.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00 14 8,673,573.09 2.18 8.347 343 80.86 81.23 562 41.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00 13 8,777,719.57 2.21 8.342 356 76.26 78.25 550 40.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00 8 5,893,662.04 1.48 8.348 356 78.67 78.67 553 43.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00 10 7,920,797.22 1.99 8.833 356 75.26 75.46 572 40.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
850,000.01 - 900,000.00 1 879,571.96 0.22 7.350 357 80.00 80.00 590 30.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
900,000.01 - 950,000.00 1 915,383.13 0.23 7.750 356 77.47 77.47 586 37.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $49,903.54
Maximum: $915,383.13
Weighted Average: $235,669.59
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 5 $1,536,744.75 0.39% 8.040% 176 75.70% 75.70% 550 37.07%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 2 381,820.36 0.10 8.969 237 84.27 84.27 573 36.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 1,680 395,656,039.15 99.52 8.975 356 77.55 78.81 558 41.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 180 Months
Maximum: 360 Months
Weighted Average: 359 Months
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 5 $1,536,744.75 0.39% 8.040% 176 75.70% 75.70% 550 37.07%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 2 381,820.36 0.10 8.969 237 84.27 84.27 573 36.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 1,680 395,656,039.15 99.52 8.975 356 77.55 78.81 558 41.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 176 Months
Maximum: 357 Months
Weighted Average: 355 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.01 - 20.00 1 $49,960.78 0.01% 12.450% 357 20.00% 20.00% 599 31.57%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.01 - 25.00 2 125,820.10 0.03 9.230 356 22.52 22.52 535 37.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00 6 710,173.52 0.18 9.091 356 28.59 28.59 566 38.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00 6 1,048,824.54 0.26 9.329 356 31.42 31.42 550 38.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00 8 1,185,475.01 0.30 8.317 356 38.54 38.54 551 40.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00 15 2,575,393.67 0.65 9.327 357 42.93 42.93 556 38.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 24 4,183,832.66 1.05 9.753 356 47.56 47.56 552 39.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 40 7,631,417.49 1.92 9.291 356 52.61 52.61 553 43.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 43 8,869,785.72 2.23 8.773 353 58.18 58.18 559 38.21
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 104 23,754,033.76 5.97 9.305 356 63.56 63.56 555 40.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 152 34,960,338.87 8.79 9.262 356 69.03 69.03 556 40.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 195 47,527,191.03 11.95 9.117 356 73.96 73.96 547 40.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 519 127,132,868.07 31.98 8.993 354 79.49 79.53 551 39.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 175 46,710,680.96 11.75 8.525 356 83.84 84.47 569 42.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 207 51,697,149.44 13.00 8.647 356 89.31 89.70 570 41.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 57 13,125,333.22 3.30 9.039 356 90.18 94.42 572 44.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 133 26,286,325.42 6.61 9.131 356 85.19 99.95 572 44.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 20.00%
Maximum: 100.00%
Weighted Average: 78.80%
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 207 $40,093,803.61 10.08% 8.765% 348 74.29% 74.94% 563 40.89%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.501 - 4.000 5 1,144,228.61 0.29 6.409 357 61.27 61.27 584 37.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 13 4,867,750.29 1.22 6.788 356 77.75 77.75 574 44.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 64 21,335,970.07 5.37 7.399 356 75.22 76.04 572 39.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 139 38,888,948.97 9.78 7.884 356 77.43 77.86 570 41.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 197 52,672,645.63 13.25 8.366 356 78.71 79.58 562 41.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 276 69,729,222.42 17.54 8.732 356 80.56 81.75 560 41.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 786 168,842,034.66 42.47 9.838 356 77.14 78.97 550 40.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 3.563%
Maximum: 6.990%
Non-Zero Weighted Average: 6.261%
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 207 $40,093,803.61 10.08% 8.765% 348 74.29% 74.94% 563 40.89%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 2 622,497.46 0.16 5.963 357 65.65 65.65 586 37.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 7 1,884,333.79 0.47 6.437 357 67.55 67.55 578 42.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 25 10,939,402.64 2.75 6.920 356 74.33 75.93 572 38.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 62 19,744,672.43 4.97 7.351 356 76.82 76.82 575 40.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 138 40,579,711.41 10.21 7.813 356 77.02 77.72 569 41.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 177 49,579,157.14 12.47 8.343 356 81.15 81.93 564 41.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 298 76,517,765.87 19.25 8.817 356 80.58 82.09 561 41.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 236 55,101,431.80 13.86 9.316 356 79.23 81.20 556 40.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 252 54,979,010.38 13.83 9.800 356 78.19 80.12 548 39.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 98 18,302,757.35 4.60 10.304 356 75.65 77.77 541 41.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 70 12,376,545.31 3.11 10.762 356 72.12 72.65 533 41.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 44 6,185,015.86 1.56 11.306 356 68.95 70.06 538 41.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 36 5,032,779.13 1.27 11.772 356 63.50 64.35 534 39.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 27 3,581,180.94 0.90 12.340 356 62.70 62.70 534 40.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 8 2,054,539.14 0.52 12.721 356 62.09 62.09 538 41.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.950%
Maximum: 12.800%
Non-Zero Weighted Average: 8.995%
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 207 $40,093,803.61 10.08% 8.765% 348 74.29% 74.94% 563 40.89%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 2 622,497.46 0.16 5.963 357 65.65 65.65 586 37.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 7 1,884,333.79 0.47 6.437 357 67.55 67.55 578 42.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 25 10,939,402.64 2.75 6.920 356 74.33 75.93 572 38.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 62 19,744,672.43 4.97 7.351 356 76.82 76.82 575 40.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 138 40,579,711.41 10.21 7.813 356 77.02 77.72 569 41.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500 177 49,579,157.14 12.47 8.343 356 81.15 81.93 564 41.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000 298 76,517,765.87 19.25 8.817 356 80.58 82.09 561 41.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500 236 55,101,431.80 13.86 9.316 356 79.23 81.20 556 40.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000 252 54,979,010.38 13.83 9.800 356 78.19 80.12 548 39.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500 98 18,302,757.35 4.60 10.304 356 75.65 77.77 541 41.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000 70 12,376,545.31 3.11 10.762 356 72.12 72.65 533 41.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500 44 6,185,015.86 1.56 11.306 356 68.95 70.06 538 41.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000 36 5,032,779.13 1.27 11.772 356 63.50 64.35 534 39.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500 27 3,581,180.94 0.90 12.340 356 62.70 62.70 534 40.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000 8 2,054,539.14 0.52 12.721 356 62.09 62.09 538 41.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 11.950%
Maximum: 18.800%
Non-Zero Weighted Average: 14.995%
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 207 $40,093,803.61 10.08% 8.765% 348 74.29% 74.94% 563 40.89%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 1,480 357,480,800.65 89.92 8.995 356 77.91 79.23 558 41.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%
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 207 $40,093,803.61 10.08% 8.765% 348 74.29% 74.94% 563 40.89%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 1,480 357,480,800.65 89.92 8.995 356 77.91 79.23 558 41.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 207 $40,093,803.61 10.08% 8.765% 348 74.29% 74.94% 563 40.89%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
July, 2008 2 214,580.57 0.05 9.830 351 77.04 77.04 526 40.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2008 18 4,089,269.88 1.03 9.742 353 77.70 81.00 555 41.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2008 34 7,772,089.67 1.95 9.282 354 78.36 80.78 551 42.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2008 76 19,832,403.56 4.99 9.184 355 78.41 80.43 551 43.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2008 544 129,768,844.85 32.64 9.046 356 77.91 79.47 555 40.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2009 341 82,461,528.61 20.74 8.846 357 77.38 78.55 562 41.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2009 17 4,744,549.92 1.19 10.383 354 73.97 74.83 540 41.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2009 36 9,378,558.41 2.36 9.270 355 76.18 76.67 560 40.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2009 254 61,396,486.84 15.44 8.899 356 79.04 80.10 562 41.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2010 148 35,363,973.23 8.89 8.856 357 77.93 78.62 556 41.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2011 7 1,967,680.72 0.49 8.101 356 76.98 77.79 556 40.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2012 3 490,834.39 0.12 8.272 357 75.80 75.80 562 44.37
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 $267,343.65 0.07% 8.500% 356 80.00% 80.00% 525 35.19%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL 4 398,611.33 0.10 10.357 356 74.56 80.17 538 31.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR 3 405,365.20 0.10 8.880 356 81.54 81.54 552 36.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ 35 7,913,441.38 1.99 8.828 356 79.20 80.54 563 41.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA 196 70,711,573.41 17.79 8.498 353 76.93 77.87 561 40.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO 11 2,964,431.60 0.75 8.730 356 85.50 86.21 562 41.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT 31 7,209,355.60 1.81 9.226 356 76.48 76.77 550 38.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC 17 4,150,624.45 1.04 8.979 356 70.96 70.96 542 37.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE 8 1,479,130.67 0.37 8.716 356 75.89 75.89 560 33.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL 252 51,985,020.89 13.08 8.988 356 77.19 78.88 559 40.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA 57 9,854,112.98 2.48 9.331 354 84.50 87.85 563 40.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI 11 3,860,363.21 0.97 8.522 356 79.33 83.28 561 42.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA 2 331,644.12 0.08 8.876 356 74.69 74.69 555 38.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID 6 884,383.98 0.22 9.089 327 82.61 82.61 548 35.04
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL 77 15,792,638.65 3.97 9.207 356 77.59 79.30 555 41.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN 14 1,613,470.36 0.41 9.980 356 81.49 82.97 555 39.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS 8 1,555,137.41 0.39 9.737 356 81.27 81.71 542 37.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY 3 340,913.83 0.09 9.266 357 89.87 89.87 571 34.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA 56 14,748,609.00 3.71 9.335 356 75.52 75.52 557 41.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD 169 38,461,238.72 9.67 9.004 356 78.23 78.81 554 42.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME 6 652,004.29 0.16 9.682 356 73.63 76.15 555 45.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI 18 2,830,728.95 0.71 8.911 356 79.58 80.88 554 41.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN 14 3,211,532.37 0.81 8.875 356 83.66 85.26 560 44.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO 6 520,552.11 0.13 10.426 356 82.29 91.42 546 48.04
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC 36 6,587,020.19 1.66 9.094 356 78.65 84.04 565 38.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE 2 240,107.64 0.06 9.790 356 89.00 92.01 563 41.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH 6 1,066,016.82 0.27 9.867 355 78.87 78.87 552 34.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ 96 25,126,840.49 6.32 9.543 355 75.81 76.71 552 42.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM 12 1,645,426.52 0.41 9.181 344 82.47 83.29 575 40.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV 19 4,935,737.03 1.24 8.905 356 78.74 80.21 563 42.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY 153 54,200,142.77 13.63 8.836 356 74.96 76.03 561 43.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH 12 1,452,215.10 0.37 9.438 356 85.10 86.90 557 41.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK 3 423,926.48 0.11 9.186 357 80.66 80.66 537 43.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR 7 1,126,668.37 0.28 9.390 357 83.21 83.21 564 32.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 68 8,216,355.83 2.07 9.437 356 78.59 79.54 553 38.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI 13 2,901,493.96 0.73 9.163 356 78.48 81.27 560 41.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC 20 2,495,909.00 0.63 9.379 351 82.91 87.20 558 38.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN 16 2,042,459.05 0.51 9.704 356 84.05 89.01 558 36.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX 73 12,843,618.00 3.23 8.760 356 77.07 77.53 555 39.42
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT 7 1,383,725.71 0.35 9.280 356 84.13 84.59 560 39.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA 73 15,990,013.28 4.02 9.240 356 77.11 77.88 554 39.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA 33 8,602,334.38 2.16 8.591 356 82.42 84.76 563 43.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI 27 3,340,428.96 0.84 9.091 356 82.05 84.17 562 38.37
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV 5 717,445.75 0.18 9.181 356 68.77 68.77 572 39.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WY 1 94,490.77 0.02 12.150 356 70.00 70.00 547 35.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 45
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 85 $17,743,698.24 4.46% 9.815% 356 74.52% 78.18% 562 39.71%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 1,583 375,833,640.54 94.53 8.929 355 77.69 78.81 558 41.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home 19 3,997,265.48 1.01 9.242 356 77.93 80.14 563 43.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Single Family 1,428 $325,687,479.92 81.92% 8.957% 355 78.02% 79.27% 557 40.66%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Multi Family 188 58,399,900.91 14.69 8.980 356 75.27 76.28 562 43.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo 70 13,334,660.51 3.35 9.285 356 75.85 77.98 557 39.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Manufactured 1 152,562.92 0.04 9.750 354 90.00 100.00 569 52.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 1,322 $317,125,691.01 79.77% 8.941% 355 76.26% 76.41% 556 40.79%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase 315 69,357,786.91 17.45 9.083 356 82.89 89.28 568 42.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Refinance 50 11,091,126.34 2.79 9.152 346 81.09 81.44 556 37.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 1,182 $261,714,017.16 65.83% 8.754% 355 78.87% 79.82% 557 40.44%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation 26 6,575,324.58 1.65 8.855 356 78.65 81.14 562 36.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation 479 129,285,262.52 32.52 9.418 356 74.81 76.62 560 42.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0 615 $132,945,367.15 33.44% 9.283% 355 77.42% 78.29% 556 41.23%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 200 65,248,700.55 16.41 8.761 356 76.99 78.06 561 42.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 644 154,961,426.62 38.98 8.876 356 78.07 79.68 557 40.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 6 1,223,925.99 0.31 9.208 357 78.27 78.27 555 34.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 222 43,195,183.95 10.86 8.665 351 76.90 78.32 561 40.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 23 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 4 $807,763.51 0.20% 9.846% 356 71.42% 71.42% 500 30.73%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525 267 56,292,534.90 14.16 9.917 356 73.87 74.35 514 41.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550 349 79,058,017.55 19.89 9.347 353 75.31 76.09 538 40.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575 579 139,489,984.69 35.09 8.802 356 78.44 79.94 562 41.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600 488 121,926,303.61 30.67 8.479 356 79.72 81.35 588 40.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 599
Weighted Average: 558
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 64 $13,284,396.73 3.34% 8.698% 356 78.35% 79.07% 564 15.01%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99 61 10,686,467.30 2.69 9.223 356 76.75 77.54 550 22.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99 108 21,949,297.56 5.52 9.026 356 75.46 76.53 555 27.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99 178 36,459,528.77 9.17 8.773 352 76.47 76.96 563 32.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99 282 62,911,472.13 15.82 9.025 356 76.24 77.35 558 37.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99 391 97,532,244.88 24.53 9.060 355 77.15 77.90 556 42.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99 490 130,507,952.67 32.83 8.913 356 78.80 79.90 559 47.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 54.99 113 24,243,244.22 6.10 9.078 356 79.22 85.45 557 53.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 1,687 $397,574,604.26 100.00% 8.971% 355 77.55% 78.80% 558 41.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 3.47%
Maximum: 54.98%
Weighted Average: 41.00%
2007-FRE1
Carrington Capital Management, LLC
FICO less than 550
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 587
Aggregate Principal Balance ($): 128,123,659
Weighted Average Current Mortgage Rate (%): 9.655
Weighted Average Margin (%): 6.606
Weighted Average Maximum Rate (%): 15.658
Weighted Average Original Months to Roll: 28
Weighted Average Stated Original Term (months): 358
Weighted Average Stated Remaining Term (months): 354
Weighted Average Combined Original LTV (%): 74.87
% First Liens: 100.00
% Owner Occupied: 94.69
% Purchase: 7.67
% Full Documentation: 67.12
Non-Zero Weighted Average FICO Score: 527
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 $1,182,023.87 0.92% 7.990% 176 78.21% 78.21% 545 36.71%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 299 60,027,310.21 46.85 9.720 356 75.73 76.45 527 39.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 49 7,958,303.78 6.21 9.855 356 71.11 71.36 527 41.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 116 25,487,595.74 19.89 9.784 356 72.13 72.35 527 40.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2YR-ARM 52 14,202,340.57 11.08 9.713 356 74.52 74.91 526 42.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3YR-ARM 28 7,781,692.91 6.07 9.229 356 72.20 72.20 527 45.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed 4 947,242.70 0.74 9.684 357 73.45 73.45 525 42.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 2YR-ARM 30 8,158,894.16 6.37 9.364 355 75.09 76.00 522 42.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 3YR-ARM 4 1,407,384.45 1.10 9.754 357 75.63 75.63 509 38.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5YR-ARM 3 970,870.44 0.76 7.404 356 77.86 79.50 528 41.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 1 $738,524.97 0.58% 6.950% 356 77.19% 77.19% 530 42.26%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 5 1,356,814.08 1.06 7.402 356 60.01 60.01 530 38.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 19 6,465,480.21 5.05 7.812 324 71.20 71.20 530 38.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 38 9,546,602.42 7.45 8.361 357 76.37 76.37 531 42.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 88 21,796,577.94 17.01 8.794 356 76.13 77.00 529 42.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 92 21,648,086.03 16.90 9.325 356 76.57 76.97 529 39.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 126 28,896,431.50 22.55 9.834 356 75.84 76.85 522 39.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 69 13,057,835.59 10.19 10.316 356 74.50 74.83 525 41.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 61 11,588,920.11 9.05 10.755 356 72.70 72.88 524 41.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 31 4,484,018.35 3.50 11.352 356 72.32 72.32 528 41.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 33 4,429,557.51 3.46 11.775 356 65.86 66.40 524 39.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 18 2,624,834.72 2.05 12.353 356 62.72 62.72 521 40.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 6 1,489,975.40 1.16 12.714 355 63.78 63.78 523 41.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 6.950%
Maximum: 12.770%
Weighted Average: 9.655%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 $149,860.91 0.12% 11.233% 356 67.12% 67.12% 526 27.23%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 91 7,052,575.35 5.50 10.359 356 73.22 75.20 527 36.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 128 16,022,949.94 12.51 10.067 356 73.64 74.29 525 38.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 105 18,084,483.13 14.11 9.841 356 72.86 72.93 526 40.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00 86 19,466,159.17 15.19 9.674 356 74.22 74.40 525 41.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00 61 16,784,156.65 13.10 9.654 356 73.76 74.17 528 40.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 30 9,825,949.11 7.67 9.556 356 73.32 73.64 521 41.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00 19 7,140,378.03 5.57 9.534 356 78.47 78.47 526 42.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00 16 6,726,741.71 5.25 9.447 356 74.91 77.14 528 41.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00 13 6,232,473.10 4.86 9.323 356 72.95 74.13 530 44.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00 15 7,857,470.41 6.13 9.391 356 77.79 78.28 526 41.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00 8 4,575,534.60 3.57 9.320 334 76.94 76.94 533 41.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00 4 2,464,820.84 1.92 9.259 312 74.16 74.16 539 42.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00 4 2,705,566.92 2.11 8.681 356 77.06 77.06 526 34.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00 3 2,235,052.88 1.74 8.172 356 77.05 77.05 533 43.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00 1 799,486.08 0.62 9.990 356 68.09 68.09 525 45.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $49,941.51
Maximum: $799,486.08
Weighted Average: $218,268.58
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 $1,182,023.87 0.92% 7.990% 176 78.21% 78.21% 545 36.71%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 585 126,941,634.96 99.08 9.670 356 74.32 74.84 526 40.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 180 Months
Maximum: 360 Months
Weighted Average: 358 Months
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 $1,182,023.87 0.92% 7.990% 176 78.21% 78.21% 545 36.71%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 585 126,941,634.96 99.08 9.670 356 74.32 74.84 526 40.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 176 Months
Maximum: 357 Months
Weighted Average: 354 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.01 - 25.00 1 $74,829.94 0.06% 8.875% 356 20.83% 20.83% 511 49.10%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00 2 489,073.36 0.38 10.190 356 31.15 31.15 515 43.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00 3 619,300.99 0.48 8.792 356 38.87 38.87 527 37.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00 6 840,083.90 0.66 9.514 356 43.47 43.47 522 37.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 10 1,694,417.33 1.32 10.786 356 48.31 48.31 525 41.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 17 3,136,875.07 2.45 10.330 356 52.35 52.35 526 44.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 11 2,404,270.31 1.88 9.783 356 57.97 57.97 523 40.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 45 9,833,366.90 7.67 9.946 356 63.78 63.78 527 39.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 75 15,077,082.96 11.77 10.148 356 69.24 69.24 529 41.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 105 24,298,645.38 18.96 9.762 356 74.06 74.06 525 40.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 242 55,846,839.69 43.59 9.462 352 79.57 79.59 526 40.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 45 9,277,708.33 7.24 9.070 356 83.77 84.26 532 42.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 5 1,125,641.93 0.88 9.455 356 85.99 89.70 527 44.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 10 1,638,453.57 1.28 9.619 356 80.52 94.40 531 44.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 10 1,767,069.17 1.38 9.457 356 81.61 100.00 528 48.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 20.83%
Maximum: 100.00%
Weighted Average: 74.87%
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 55 $10,087,570.35 7.87% 9.620% 335 72.16% 72.36% 529 41.23%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.501 - 4.000 1 57,977.31 0.05 11.600 356 51.33 51.33 546 27.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 1 179,637.85 0.14 9.450 356 78.26 78.26 510 38.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 8 2,107,612.94 1.64 8.720 356 68.64 68.64 531 42.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 28 6,451,835.76 5.04 8.285 356 71.52 71.52 529 40.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 41 9,994,905.96 7.80 8.688 356 73.63 73.63 526 40.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 76 19,495,634.73 15.22 8.778 356 76.41 77.27 530 42.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 377 79,748,483.93 62.24 10.129 356 74.62 75.20 525 40.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 4.000%
Maximum: 6.990%
Non-Zero Weighted Average: 6.606%
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 55 $10,087,570.35 7.87% 9.620% 335 72.16% 72.36% 529 41.23%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 1 738,524.97 0.58 6.950 356 77.19 77.19 530 42.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 4 1,276,995.10 1.00 7.399 356 60.98 60.98 530 39.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 15 5,019,999.06 3.92 7.764 357 69.26 69.26 528 40.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 36 9,101,219.03 7.10 8.366 357 76.59 76.59 531 42.37
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 80 20,404,878.73 15.93 8.791 356 76.50 77.43 529 42.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 88 20,729,402.90 16.18 9.327 356 76.67 77.09 529 39.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 112 26,822,550.14 20.93 9.834 356 76.04 77.05 522 39.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 60 11,875,542.58 9.27 10.319 356 75.27 75.63 525 41.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 52 9,761,784.57 7.62 10.770 356 73.10 73.31 524 41.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 30 4,301,205.44 3.36 11.357 356 72.80 72.80 528 40.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 30 3,889,175.84 3.04 11.792 356 64.14 64.75 524 39.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 18 2,624,834.72 2.05 12.353 356 62.72 62.72 521 40.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 6 1,489,975.40 1.16 12.714 355 63.78 63.78 523 41.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 6.950%
Maximum: 12.770%
Non-Zero Weighted Average: 9.658%
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 55 $10,087,570.35 7.87% 9.620% 335 72.16% 72.36% 529 41.23%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 1 738,524.97 0.58 6.950 356 77.19 77.19 530 42.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 4 1,276,995.10 1.00 7.399 356 60.98 60.98 530 39.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 15 5,019,999.06 3.92 7.764 357 69.26 69.26 528 40.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500 36 9,101,219.03 7.10 8.366 357 76.59 76.59 531 42.37
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000 80 20,404,878.73 15.93 8.791 356 76.50 77.43 529 42.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500 88 20,729,402.90 16.18 9.327 356 76.67 77.09 529 39.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000 112 26,822,550.14 20.93 9.834 356 76.04 77.05 522 39.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500 60 11,875,542.58 9.27 10.319 356 75.27 75.63 525 41.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000 52 9,761,784.57 7.62 10.770 356 73.10 73.31 524 41.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500 30 4,301,205.44 3.36 11.357 356 72.80 72.80 528 40.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000 30 3,889,175.84 3.04 11.792 356 64.14 64.75 524 39.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500 18 2,624,834.72 2.05 12.353 356 62.72 62.72 521 40.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000 6 1,489,975.40 1.16 12.714 355 63.78 63.78 523 41.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 12.950%
Maximum: 18.770%
Non-Zero Weighted Average: 15.658%
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 55 $10,087,570.35 7.87% 9.620% 335 72.16% 72.36% 529 41.23%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 532 118,036,088.48 92.13 9.658 356 74.55 75.09 526 40.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%
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 55 $10,087,570.35 7.87% 9.620% 335 72.16% 72.36% 529 41.23%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 532 118,036,088.48 92.13 9.658 356 74.55 75.09 526 40.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 55 $10,087,570.35 7.87% 9.620% 335 72.16% 72.36% 529 41.23%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
July, 2008 2 214,580.57 0.17 9.830 351 77.04 77.04 526 40.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2008 11 2,011,946.73 1.57 10.383 353 74.79 74.79 523 43.37
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2008 17 3,623,180.87 2.83 9.873 354 78.44 80.85 524 44.21
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2008 34 7,985,749.33 6.23 9.856 355 72.84 73.09 520 41.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2008 229 48,364,621.98 37.75 9.687 356 75.37 76.12 528 39.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2009 88 20,188,465.46 15.76 9.502 357 76.23 76.69 526 41.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2009 12 3,382,745.60 2.64 10.508 354 72.02 72.02 525 43.04
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2009 11 2,601,814.56 2.03 9.892 355 67.39 67.39 524 37.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2009 75 16,689,775.02 13.03 9.674 356 71.42 71.76 527 40.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2010 50 12,002,337.92 9.37 9.348 357 74.63 74.63 527 42.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2011 2 844,699.43 0.66 7.233 356 77.54 79.43 529 41.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2012 1 126,171.01 0.10 8.550 357 80.00 80.00 522 45.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 $267,343.65 0.21% 8.500% 356 80.00% 80.00% 525 35.19%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AL 3 344,688.33 0.27 10.460 356 72.15 77.85 529 32.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR 1 95,822.44 0.07 9.850 356 80.00 80.00 507 28.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ 12 2,150,529.34 1.68 9.419 356 73.89 73.89 526 42.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA 55 18,133,251.82 14.15 9.199 344 74.59 75.07 529 41.04
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO 2 487,296.14 0.38 9.419 356 77.70 77.70 540 35.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT 13 3,291,303.81 2.57 9.610 356 75.36 75.36 524 37.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC 10 2,322,539.89 1.81 9.339 356 70.14 70.14 520 39.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE 3 531,803.63 0.42 9.123 356 74.96 74.96 537 38.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL 82 15,901,175.94 12.41 9.670 356 75.54 76.06 526 39.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA 14 2,449,517.92 1.91 9.964 356 80.70 83.50 529 41.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI 4 1,118,881.09 0.87 9.194 355 80.74 87.35 521 46.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IA 1 155,676.14 0.12 9.300 356 80.00 80.00 525 37.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID 3 396,807.77 0.31 9.026 356 79.92 79.92 527 32.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL 32 6,494,509.47 5.07 9.418 356 73.93 74.19 527 41.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN 4 531,118.68 0.41 10.981 356 78.82 80.57 528 40.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS 2 548,844.76 0.43 9.887 356 76.39 76.39 505 28.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY 1 65,532.20 0.05 11.200 357 80.00 80.00 530 28.04
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA 24 6,213,206.71 4.85 10.084 356 72.44 72.44 532 38.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD 60 13,704,170.07 10.70 9.651 356 74.20 74.33 521 40.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME 3 330,908.02 0.26 9.785 356 66.10 66.10 524 38.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI 7 889,270.00 0.69 9.968 355 79.25 80.43 524 42.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN 4 915,616.62 0.71 9.271 357 74.69 74.69 528 35.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO 4 317,973.18 0.25 10.906 356 78.44 87.03 526 44.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC 11 1,560,529.32 1.22 9.879 356 74.64 76.12 531 38.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE 1 95,974.72 0.07 9.700 356 80.00 80.00 525 31.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH 3 462,396.04 0.36 10.248 355 71.86 71.86 539 37.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ 43 11,310,233.22 8.83 10.013 356 74.13 74.44 527 43.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM 2 191,792.08 0.15 10.214 356 80.00 80.00 514 42.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV 6 1,116,898.94 0.87 10.072 356 72.49 72.49 526 42.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY 47 15,430,081.49 12.04 9.664 356 70.65 70.90 526 44.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH 6 549,751.50 0.43 10.120 356 80.80 82.26 535 35.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK 2 338,456.07 0.26 9.422 357 81.40 81.40 532 49.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR 1 113,346.38 0.09 8.950 356 80.00 80.00 536 32.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 27 3,275,011.04 2.56 9.968 356 77.90 78.92 528 38.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI 5 1,090,216.39 0.85 10.122 356 73.48 75.00 530 42.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC 5 555,421.58 0.43 10.231 357 71.44 71.44 523 33.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN 5 627,456.84 0.49 10.116 356 78.61 78.61 536 32.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX 26 4,362,134.03 3.40 9.133 356 76.27 76.27 525 40.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
UT 2 387,307.97 0.30 10.022 356 80.00 80.00 528 35.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA 32 6,102,801.86 4.76 10.037 356 72.47 72.47 526 40.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA 8 1,875,347.53 1.46 9.217 356 78.97 82.38 536 41.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI 8 782,461.91 0.61 9.828 356 74.50 77.56 519 40.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WV 1 143,761.53 0.11 10.370 356 80.00 80.00 523 43.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WY 1 94,490.77 0.07 12.150 356 70.00 70.00 547 35.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 45
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 31 $5,637,724.07 4.40% 10.466% 356 72.06% 72.74% 527 39.71%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 552 121,318,097.37 94.69 9.612 354 74.46 74.97 526 40.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home 4 1,167,837.39 0.91 10.193 356 74.68 74.68 530 41.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Single Family 493 $105,204,332.15 82.11% 9.625% 354 75.11% 75.63% 526 40.12%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Multi Family 65 18,049,126.34 14.09 9.725 356 69.75 70.39 529 45.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo 29 4,870,200.34 3.80 10.040 356 75.12 75.12 529 38.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 515 $114,435,166.53 89.32% 9.657% 355 73.83% 73.90% 526 40.78%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase 51 9,824,747.00 7.67 9.600 356 78.96 84.53 528 42.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Refinance 21 3,863,745.30 3.02 9.724 328 78.32 78.94 528 37.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 431 $85,999,280.29 67.12% 9.467% 354 74.64% 75.19% 526 40.62%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation 6 1,871,069.40 1.46 9.677 356 76.10 76.10 524 30.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation 150 40,253,309.14 31.42 10.055 356 73.68 74.12 529 41.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0 223 $47,759,358.57 37.28% 9.907% 356 74.27% 74.62% 525 40.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 63 18,592,149.08 14.51 9.419 356 72.07 72.29 529 43.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 232 49,364,630.25 38.53 9.583 356 75.92 76.78 526 40.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 4 822,347.71 0.64 9.325 357 73.72 73.72 536 38.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 65 11,585,173.22 9.04 9.322 338 71.80 71.97 530 38.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 23 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 4 $807,763.51 0.63% 9.846% 356 71.42% 71.42% 500 30.73%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525 267 56,292,534.90 43.94 9.917 356 73.87 74.35 514 41.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550 316 71,023,360.42 55.43 9.444 353 74.78 75.32 537 40.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 549
Weighted Average: 527
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 21 $3,303,768.24 2.58% 9.672% 356 75.11% 75.65% 531 15.83%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99 25 4,609,107.94 3.60 9.682 356 75.41 75.57 523 22.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99 42 7,610,872.31 5.94 9.598 356 72.42 72.59 527 28.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99 57 10,245,082.98 8.00 9.579 346 75.26 75.45 532 32.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99 103 22,540,602.29 17.59 9.746 356 74.81 75.15 527 37.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99 147 34,421,374.37 26.87 9.688 353 74.09 74.14 525 42.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99 155 36,758,747.44 28.69 9.628 356 74.31 74.86 526 47.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 54.99 37 8,634,103.26 6.74 9.517 356 74.24 77.72 526 53.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 587 $128,123,658.83 100.00% 9.655% 354 74.36% 74.87% 527 40.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 6.86%
Maximum: 54.98%
Weighted Average: 40.82%
2007-FRE1
Carrington Capital Management, LLC
DTI greater than 50
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 197
Aggregate Principal Balance ($): 46,518,155
Weighted Average Current Mortgage Rate (%): 8.205
Weighted Average Margin (%): 5.762
Weighted Average Maximum Rate (%): 14.365
Weighted Average Original Months to Roll: 28
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 356
Weighted Average Combined Original LTV (%): 84.90
% First Liens: 99.96
% Owner Occupied: 88.22
% Purchase: 33.00
% Full Documentation: 66.64
Non-Zero Weighted Average FICO Score: 595
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 $16,861.70 0.04% 11.990% 176 95.00% 95.00% 688 51.46%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 47 9,294,317.83 19.98 8.675 356 78.47 86.09 587 53.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 19 3,569,924.75 7.67 7.995 357 76.47 81.39 617 52.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 14 2,146,143.81 4.61 8.596 356 75.33 80.14 574 52.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2YR-ARM 10 2,732,095.77 5.87 8.926 356 78.49 84.09 572 52.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3YR-ARM 21 6,553,002.81 14.09 7.839 357 79.80 80.64 584 53.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed 21 4,539,024.10 9.76 7.324 356 78.78 79.31 617 52.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 2YR-ARM 39 10,504,688.48 22.58 8.449 356 81.85 90.77 592 53.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 3YR-ARM 16 4,325,391.17 9.30 7.824 356 83.16 87.65 606 52.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 Fixed 9 2,836,704.70 6.10 7.852 356 78.40 82.57 623 52.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 $1,158,776.39 2.49% 5.777% 357 84.76% 84.76% 653 53.73%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 10 3,889,414.29 8.36 6.344 356 77.10 87.06 635 52.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 27 7,390,283.12 15.89 6.770 356 78.12 80.04 638 53.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 16 4,387,843.52 9.43 7.367 357 81.04 81.86 637 53.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 17 5,063,691.18 10.89 7.828 356 81.04 86.25 597 53.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 21 4,205,380.13 9.04 8.241 356 77.61 83.09 579 52.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 32 7,249,821.28 15.58 8.799 356 82.39 87.36 575 52.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 26 5,353,459.85 11.51 9.274 356 80.43 88.75 572 53.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 19 3,531,800.84 7.59 9.864 356 79.77 92.48 559 52.70
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 13 2,139,435.32 4.60 10.259 356 79.12 85.72 537 52.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 7 1,814,683.40 3.90 10.799 356 71.52 71.94 536 53.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 4 220,210.28 0.47 11.168 356 80.59 83.04 554 53.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 1 16,861.70 0.04 11.990 176 95.00 95.00 688 51.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 1 96,493.82 0.21 12.250 356 70.00 70.00 515 54.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.750%
Maximum: 12.250%
Weighted Average: 8.205%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 1 $16,861.70 0.04% 11.990% 176 95.00% 95.00% 688 51.46%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 42 3,170,669.26 6.82 9.423 356 79.38 84.74 574 52.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 33 4,046,570.18 8.70 8.622 356 81.27 86.68 590 52.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 26 4,454,066.73 9.57 7.991 356 78.05 84.21 600 52.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00 15 3,348,776.08 7.20 7.830 356 79.75 85.91 594 52.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00 19 5,199,314.59 11.18 8.780 356 75.03 82.85 586 52.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 14 4,454,928.30 9.58 8.317 356 85.53 91.49 599 53.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00 20 7,548,210.12 16.23 8.041 356 79.25 83.44 595 52.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00 4 1,667,817.93 3.59 8.945 356 78.27 83.43 557 53.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00 8 3,842,227.50 8.26 7.833 356 75.17 79.38 603 52.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00 7 3,667,770.60 7.88 7.664 356 85.26 89.87 608 52.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00 3 1,713,773.66 3.68 8.928 357 81.74 81.74 579 53.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00 3 1,858,687.30 4.00 6.813 356 83.16 83.16 614 54.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00 1 731,541.26 1.57 7.450 356 80.00 80.00 669 54.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00 1 796,939.91 1.71 6.250 356 64.00 88.31 637 53.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $16,861.70
Maximum: $796,939.91
Weighted Average: $236,132.77
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 $16,861.70 0.04% 11.990% 176 95.00% 95.00% 688 51.46%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 196 46,501,293.42 99.96 8.204 356 79.59 84.89 595 52.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 180 Months
Maximum: 360 Months
Weighted Average: 360 Months
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 $16,861.70 0.04% 11.990% 176 95.00% 95.00% 688 51.46%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 196 46,501,293.42 99.96 8.204 356 79.59 84.89 595 52.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 176 Months
Maximum: 357 Months
Weighted Average: 356 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00 1 $86,763.68 0.19% 7.990% 356 38.06% 38.06% 552 52.80%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00 1 259,571.49 0.56 6.750 356 43.33 43.33 638 51.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 1 169,561.89 0.36 8.250 356 48.57 48.57 527 50.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 2 399,810.34 0.86 10.087 356 51.42 51.42 530 52.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 5 1,068,159.70 2.30 7.215 357 57.94 57.94 631 52.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 7 1,602,654.08 3.45 8.641 356 63.91 63.91 559 52.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 13 2,604,826.10 5.60 8.665 356 68.68 68.68 603 52.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 17 4,145,361.43 8.91 8.313 357 73.44 73.44 563 53.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 30 7,660,731.94 16.47 8.300 356 79.00 79.31 586 53.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 18 5,831,495.70 12.54 7.314 356 83.14 83.87 608 53.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 33 9,011,029.93 19.37 7.816 356 85.97 89.53 618 53.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 11 2,095,376.03 4.50 8.624 355 80.80 94.33 614 52.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 58 11,582,812.81 24.90 8.675 356 84.40 99.90 589 52.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 38.06%
Maximum: 100.00%
Weighted Average: 84.90%
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 50 $10,962,515.25 23.57% 7.686% 356 77.96% 80.85% 619 52.32%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.001 - 3.500 3 1,158,776.39 2.49 5.777 357 84.76 84.76 653 53.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.501 - 4.000 2 1,346,232.14 2.89 6.189 356 71.38 85.77 622 53.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 9 3,187,001.85 6.85 6.635 356 82.63 85.09 642 53.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 11 3,100,913.81 6.67 7.460 356 78.07 79.24 619 53.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 15 4,577,722.31 9.84 7.735 356 80.06 82.43 606 53.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 24 5,365,480.24 11.53 8.177 356 78.44 85.63 579 52.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 20 4,635,455.07 9.96 8.746 356 83.32 89.52 573 52.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 63 12,184,058.06 26.19 9.710 356 79.99 88.69 560 53.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 3.350%
Maximum: 6.990%
Non-Zero Weighted Average: 5.762%
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 50 $10,962,515.25 23.57% 7.686% 356 77.96% 80.85% 619 52.32%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 3 1,158,776.39 2.49 5.777 357 84.76 84.76 653 53.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 3 1,579,826.67 3.40 6.235 356 73.39 85.66 616 52.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 13 4,276,539.15 9.19 6.750 356 80.81 82.64 635 53.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 11 3,328,393.37 7.16 7.380 357 79.10 80.19 638 53.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 13 4,133,333.21 8.89 7.814 356 81.44 87.82 594 53.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 18 3,880,460.47 8.34 8.241 356 77.01 82.95 573 52.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 25 5,649,124.46 12.14 8.789 356 83.88 89.62 574 52.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 24 4,680,456.26 10.06 9.250 356 82.54 92.05 570 53.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 17 3,316,069.34 7.13 9.855 356 79.46 92.40 559 52.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 11 1,962,295.67 4.22 10.268 356 79.15 86.35 536 52.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 5 1,327,583.54 2.85 10.814 356 68.40 68.98 538 52.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 3 166,287.52 0.36 11.206 356 77.54 77.54 553 52.42
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 1 96,493.82 0.21 12.250 356 70.00 70.00 515 54.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.750%
Maximum: 12.250%
Non-Zero Weighted Average: 8.365%
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 50 $10,962,515.25 23.57% 7.686% 356 77.96% 80.85% 619 52.32%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 3 1,158,776.39 2.49 5.777 357 84.76 84.76 653 53.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 3 1,579,826.67 3.40 6.235 356 73.39 85.66 616 52.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 13 4,276,539.15 9.19 6.750 356 80.81 82.64 635 53.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 11 3,328,393.37 7.16 7.380 357 79.10 80.19 638 53.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 13 4,133,333.21 8.89 7.814 356 81.44 87.82 594 53.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500 18 3,880,460.47 8.34 8.241 356 77.01 82.95 573 52.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000 25 5,649,124.46 12.14 8.789 356 83.88 89.62 574 52.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500 24 4,680,456.26 10.06 9.250 356 82.54 92.05 570 53.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000 17 3,316,069.34 7.13 9.855 356 79.46 92.40 559 52.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500 11 1,962,295.67 4.22 10.268 356 79.15 86.35 536 52.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000 5 1,327,583.54 2.85 10.814 356 68.40 68.98 538 52.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500 3 166,287.52 0.36 11.206 356 77.54 77.54 553 52.42
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500 1 96,493.82 0.21 12.250 356 70.00 70.00 515 54.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 11.750%
Maximum: 18.250%
Non-Zero Weighted Average: 14.365%
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 50 $10,962,515.25 23.57% 7.686% 356 77.96% 80.85% 619 52.32%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 147 35,555,639.87 76.43 8.365 356 80.10 86.14 588 53.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%
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 50 $10,962,515.25 23.57% 7.686% 356 77.96% 80.85% 619 52.32%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 147 35,555,639.87 76.43 8.365 356 80.10 86.14 588 53.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 50 $10,962,515.25 23.57% 7.686% 356 77.96% 80.85% 619 52.32%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
April, 2008 1 172,201.07 0.37 8.100 348 80.00 100.00 603 50.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2008 1 86,892.53 0.19 9.500 353 80.00 100.00 556 51.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2008 5 1,165,110.52 2.50 9.275 354 80.32 84.82 555 53.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2008 10 2,086,595.08 4.49 8.042 355 81.30 84.41 584 53.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2008 53 13,089,209.49 28.14 8.671 356 79.93 89.59 591 53.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2009 26 5,931,093.39 12.75 8.508 357 79.83 85.98 587 53.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2009 2 403,582.72 0.87 7.061 355 89.07 91.15 664 51.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2009 32 7,496,081.02 16.11 8.099 356 79.23 82.78 590 52.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2010 17 5,124,874.05 11.02 7.825 357 80.88 82.38 584 53.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ 4 $979,925.87 2.11% 8.440% 357 85.33% 98.17% 615 52.78%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA 17 5,693,698.86 12.24 7.503 356 79.26 84.34 623 53.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO 1 172,199.85 0.37 6.750 356 80.00 99.54 692 50.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT 3 547,112.90 1.18 7.335 355 79.30 79.30 642 52.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL 23 4,216,613.67 9.06 8.724 356 81.65 89.22 580 53.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA 8 1,503,318.22 3.23 8.069 356 81.75 93.35 582 52.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI 2 661,551.82 1.42 8.923 356 73.54 85.41 567 53.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID 2 248,365.31 0.53 7.722 357 77.39 77.39 630 53.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL 13 3,431,009.83 7.38 8.750 356 75.79 85.69 582 52.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN 3 187,962.16 0.40 9.509 356 85.21 98.43 603 50.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA 12 3,453,976.58 7.43 7.969 355 76.56 81.86 603 52.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD 16 3,138,446.29 6.75 8.514 356 81.11 86.24 581 52.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME 2 236,206.45 0.51 9.370 356 90.00 96.96 585 53.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI 1 71,973.22 0.15 9.400 355 90.00 100.00 571 54.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN 2 193,861.91 0.42 8.596 357 66.28 69.06 597 53.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO 4 392,806.79 0.84 10.241 356 83.03 91.77 553 54.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC 2 132,600.68 0.29 9.725 356 90.00 95.77 614 53.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ 13 4,521,110.36 9.72 8.244 356 81.91 83.27 600 53.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM 1 145,274.93 0.31 8.950 356 80.00 97.58 622 50.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV 1 486,508.86 1.05 9.400 356 75.00 90.00 589 53.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY 26 11,089,363.89 23.84 7.924 356 78.10 80.46 588 52.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH 5 525,039.70 1.13 8.682 356 83.22 93.82 578 52.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OK 2 421,171.38 0.91 8.289 357 77.96 77.96 596 51.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 9 596,370.81 1.28 9.257 356 79.74 82.78 589 52.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI 3 701,990.09 1.51 8.382 356 86.52 94.63 612 53.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC 3 353,343.78 0.76 9.883 355 90.00 100.00 566 52.49
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN 3 395,074.56 0.85 8.504 355 87.80 94.77 591 52.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX 9 750,596.66 1.61 8.872 356 78.34 79.24 603 52.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA 5 864,659.16 1.86 7.366 357 77.46 82.69 623 52.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA 2 406,020.53 0.87 6.181 357 82.88 82.88 601 51.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 20 $4,234,905.81 9.10% 9.451% 356 76.74% 85.04% 586 52.69%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 172 41,037,707.05 88.22 8.076 356 79.82 84.79 596 52.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home 5 1,245,542.26 2.68 8.214 356 81.95 88.11 594 53.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Single Family 131 $23,789,890.52 51.14% 8.340% 356 81.22% 88.97% 592 52.93%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Multi Family 63 22,217,158.68 47.76 8.067 356 77.77 80.35 599 52.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo 2 358,543.00 0.77 7.126 355 80.00 90.38 599 52.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Manufactured 1 152,562.92 0.33 9.750 354 90.00 100.00 569 52.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 114 $30,565,880.01 65.71% 7.892% 356 77.64% 79.16% 598 52.93%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase 78 15,350,296.70 33.00 8.840 356 83.39 95.99 589 53.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Refinance 5 601,978.41 1.29 7.905 354 82.01 93.32 628 51.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 141 $31,000,677.25 66.64% 7.912% 356 80.15% 84.39% 596 53.02%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation 4 1,410,177.20 3.03 7.776 357 84.21 87.80 612 53.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation 52 14,107,300.67 30.33 8.893 356 77.92 85.72 593 52.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 64 $14,751,010.19 31.71% 8.316% 356 80.32% 84.83% 595 52.73%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 36 13,154,341.25 28.28 8.108 356 79.89 82.60 590 53.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 54 11,241,638.89 24.17 8.498 356 79.92 90.73 591 53.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 43 7,371,164.79 15.85 7.710 356 77.11 80.24 613 52.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 22 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1 196 $46,501,293.42 99.96% 8.204% 356 79.59% 84.89% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2 1 16,861.70 0.04 11.990 176 95.00 95.00 688 51.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 16 $3,872,539.10 8.32% 9.679% 356 73.70% 77.17% 515 53.43%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550 22 5,078,170.29 10.92 9.432 356 75.01 79.52 536 52.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575 44 6,437,859.21 13.84 9.321 356 80.05 86.23 559 52.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600 31 8,854,675.62 19.03 8.435 356 83.45 91.90 586 53.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625 34 8,884,128.23 19.10 7.474 356 80.05 84.29 611 52.70
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650 28 7,450,688.31 16.02 7.220 356 77.97 82.40 639 52.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675 11 3,404,331.54 7.32 7.084 356 83.43 87.44 664 53.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700 11 2,535,762.82 5.45 6.825 355 81.14 85.68 687 52.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 501
Maximum: 698
Weighted Average: 595
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 - 54.99 196 $46,402,538.80 99.75% 8.208% 356 79.63% 84.95% 595 52.95%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.00 - 59.99 1 115,616.32 0.25 7.000 356 64.44 64.44 628 55.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 197 $46,518,155.12 100.00% 8.205% 356 79.59% 84.90% 595 52.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 50.00%
Maximum: 55.00%
Weighted Average: 52.96%
2007-FRE1
Carrington Capital Management, LLC
Multiple Families
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 536
Aggregate Principal Balance ($): 170,683,898
Weighted Average Current Mortgage Rate (%): 8.125
Weighted Average Margin (%): 5.606
Weighted Average Maximum Rate (%): 14.201
Weighted Average Original Months to Roll: 29
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 356
Weighted Average Combined Original LTV (%): 81.35
% First Liens: 98.52
% Owner Occupied: 85.02
% Purchase: 22.99
% Full Documentation: 55.42
Non-Zero Weighted Average FICO Score: 616
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 $112,820.21 0.07% 11.692% 176 97.65% 97.65% 665 33.58%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20 Fixed 1 378,780.84 0.22 6.250 237 61.98 61.98 682 48.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 123 30,443,283.53 17.84 9.034 356 76.27 79.73 594 42.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 5YR-IO 5 2,197,750.00 1.29 6.470 356 77.35 82.80 627 38.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 79 14,831,962.21 8.69 8.240 357 75.41 75.97 631 40.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 40 12,375,037.77 7.25 8.414 356 74.52 77.50 602 41.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 3YR-IO 2 1,071,000.00 0.63 6.191 355 85.00 85.00 664 38.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 5YR-IO 3 1,494,500.00 0.88 6.460 356 78.30 78.30 661 46.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2YR-ARM 35 12,389,815.16 7.26 8.144 356 79.63 83.11 619 41.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3YR-ARM 28 12,865,336.17 7.54 7.525 356 79.46 80.18 626 43.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed 14 4,509,579.23 2.64 7.289 356 78.34 78.34 636 46.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 2YR-ARM 104 38,197,360.49 22.38 8.204 356 80.15 84.17 614 43.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 3YR-ARM 58 24,424,303.13 14.31 7.820 356 82.14 84.15 615 43.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 5YR-ARM 2 523,251.00 0.31 8.855 357 72.61 72.61 597 38.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 Fixed 33 13,262,018.36 7.77 7.531 356 81.53 82.47 631 42.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5YR-ARM 2 1,012,100.33 0.59 7.789 356 78.70 78.70 662 35.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5YR-ARM 5YR-IO 1 595,000.00 0.35 6.650 356 85.00 85.00 683 42.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 $480,250.00 0.28% 5.250% 357 85.00% 85.00% 654 39.48%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 6 2,422,508.00 1.42 5.856 357 74.44 75.92 647 45.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 33 15,016,595.58 8.80 6.366 353 77.10 79.38 659 45.04
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 59 25,014,117.55 14.66 6.840 356 78.43 80.21 639 42.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 56 21,620,267.33 12.67 7.345 356 80.97 83.60 637 41.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 80 29,000,818.51 16.99 7.796 356 79.96 84.22 623 42.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 55 17,609,174.17 10.32 8.319 356 81.75 83.82 611 42.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 78 24,133,904.88 14.14 8.818 356 79.31 82.54 594 42.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 34 9,910,170.54 5.81 9.255 356 76.90 78.36 584 45.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 42 10,325,923.23 6.05 9.776 355 79.18 81.39 588 40.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 22 4,850,428.08 2.84 10.291 355 73.69 76.41 562 44.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 23 5,562,782.70 3.26 10.793 356 70.78 70.78 544 43.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 20 1,509,854.25 0.88 11.341 354 87.58 87.58 611 36.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 11 1,185,751.20 0.69 11.852 350 69.16 71.18 565 43.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 8 1,125,801.54 0.66 12.258 357 77.05 77.05 620 28.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 8 915,550.87 0.54 12.751 350 64.11 64.11 572 41.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.250%
Maximum: 12.950%
Weighted Average: 8.125%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 19 $607,724.22 0.36% 11.877% 323 90.72% 90.72% 638 30.79%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 48 3,733,738.92 2.19 9.853 356 83.67 87.40 614 35.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 47 5,940,033.99 3.48 9.273 356 77.47 82.08 609 38.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 59 10,561,093.80 6.19 8.804 356 72.88 76.04 601 38.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00 45 10,120,930.75 5.93 8.911 356 75.42 78.45 591 42.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00 50 13,618,716.69 7.98 8.579 356 76.40 79.44 607 42.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 34 11,158,120.57 6.54 8.070 356 70.97 71.98 606 43.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00 50 18,925,406.56 11.09 8.025 354 77.27 81.27 619 44.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00 45 19,040,277.51 11.16 7.999 356 78.97 81.07 617 41.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00 43 20,550,562.06 12.04 7.582 356 79.57 82.45 619 43.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00 38 19,771,398.65 11.58 7.893 356 84.30 85.21 623 43.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00 25 14,439,406.51 8.46 7.770 356 82.03 84.73 619 42.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00 17 10,663,508.45 6.25 7.875 356 79.12 79.42 625 43.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00 6 4,046,346.91 2.37 7.682 356 87.28 91.49 626 43.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00 7 5,110,513.75 2.99 6.940 356 85.42 85.42 649 46.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00 3 2,396,119.09 1.40 7.898 355 73.41 81.49 622 43.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $14,886.94
Maximum: $799,590.95
Weighted Average: $318,440.11
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 $112,820.21 0.07% 11.692% 176 97.65% 97.65% 665 33.58%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 1 378,780.84 0.22 6.250 237 61.98 61.98 682 48.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 529 170,192,297.38 99.71 8.127 356 78.85 81.38 616 42.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 180 Months
Maximum: 360 Months
Weighted Average: 360 Months
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 $112,820.21 0.07% 11.692% 176 97.65% 97.65% 665 33.58%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 1 378,780.84 0.22 6.250 237 61.98 61.98 682 48.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 529 170,192,297.38 99.71 8.127 356 78.85 81.38 616 42.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 174 Months
Maximum: 357 Months
Weighted Average: 356 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.01 - 20.00 2 $172,630.69 0.10% 9.323% 356 17.36% 17.36% 613 32.02%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.01 - 25.00 2 303,170.90 0.18 6.875 357 22.65 22.65 622 45.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00 3 715,591.56 0.42 9.257 356 32.41 32.41 557 34.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00 4 1,286,534.00 0.75 7.882 356 37.51 37.51 569 41.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00 9 2,364,298.12 1.39 7.363 357 43.52 43.52 601 36.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 12 2,457,581.86 1.44 8.709 357 47.91 47.91 604 37.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 7 1,633,259.63 0.96 9.968 356 51.92 51.92 552 46.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 15 4,656,176.77 2.73 8.018 356 58.10 58.10 608 42.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 33 10,095,410.40 5.91 8.759 352 63.25 63.25 599 41.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 34 10,218,071.60 5.99 8.623 356 68.64 68.64 603 43.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 38 13,417,399.39 7.86 8.499 356 73.98 73.98 579 42.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 97 36,575,131.15 21.43 7.974 356 79.14 79.20 612 42.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 49 18,145,898.41 10.63 7.768 356 84.34 84.51 618 43.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 86 33,200,450.75 19.45 7.797 356 88.99 89.57 632 44.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 29 9,987,304.83 5.85 7.689 355 91.31 94.70 639 45.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 116 25,454,988.37 14.91 8.452 356 85.38 99.97 632 40.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 16.29%
Maximum: 100.00%
Weighted Average: 81.35%
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 133 $33,095,160.85 19.39% 7.815% 354 78.18% 78.81% 633 42.23%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2.501 - 3.000 1 480,250.00 0.28 5.250 357 85.00 85.00 654 39.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.001 - 3.500 3 1,173,604.16 0.69 5.744 357 76.10 79.16 656 49.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.501 - 4.000 12 6,156,386.31 3.61 6.201 356 77.79 80.94 652 43.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 34 14,703,843.89 8.61 6.686 356 77.79 79.93 642 43.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 44 17,723,643.00 10.38 7.260 356 79.85 81.51 633 41.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 69 25,975,600.60 15.22 7.709 356 81.45 87.00 624 42.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 49 17,709,726.87 10.38 8.252 356 82.07 84.23 615 44.04
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 63 19,473,681.62 11.41 8.708 356 79.92 83.72 596 41.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 128 34,192,001.13 20.03 9.880 356 75.27 77.28 576 42.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 2.863%
Maximum: 6.990%
Non-Zero Weighted Average: 5.606%
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 133 $33,095,160.85 19.39% 7.815% 354 78.18% 78.81% 633 42.23%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 1 480,250.00 0.28 5.250 357 85.00 85.00 654 39.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 6 2,422,508.00 1.42 5.856 357 74.44 75.92 647 45.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 18 9,278,609.82 5.44 6.364 356 79.29 81.38 653 44.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 40 17,458,579.87 10.23 6.858 356 78.34 80.79 638 42.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 39 15,719,356.22 9.21 7.328 356 82.18 85.68 639 40.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 66 23,994,425.04 14.06 7.788 356 80.13 85.27 624 43.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 48 15,692,976.20 9.19 8.313 356 82.02 84.05 608 42.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 69 22,653,051.52 13.27 8.814 356 80.09 83.69 594 41.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 32 9,237,166.95 5.41 9.242 356 77.71 79.27 584 44.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 35 9,532,142.66 5.58 9.776 355 78.93 81.18 584 41.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 18 3,961,208.93 2.32 10.318 356 71.54 74.87 555 46.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 13 4,126,883.96 2.42 10.778 356 68.41 68.41 532 44.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 5 563,734.49 0.33 11.345 356 66.74 66.74 544 41.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 6 940,781.52 0.55 11.887 355 61.22 63.77 543 43.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 4 751,403.62 0.44 12.207 357 65.61 65.61 624 32.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 3 775,658.78 0.45 12.743 357 59.65 59.65 561 43.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.250%
Maximum: 12.800%
Non-Zero Weighted Average: 8.201%
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 133 $33,095,160.85 19.39% 7.815% 354 78.18% 78.81% 633 42.23%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 1 480,250.00 0.28 5.250 357 85.00 85.00 654 39.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 6 2,422,508.00 1.42 5.856 357 74.44 75.92 647 45.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 18 9,278,609.82 5.44 6.364 356 79.29 81.38 653 44.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 40 17,458,579.87 10.23 6.858 356 78.34 80.79 638 42.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 39 15,719,356.22 9.21 7.328 356 82.18 85.68 639 40.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 66 23,994,425.04 14.06 7.788 356 80.13 85.27 624 43.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500 48 15,692,976.20 9.19 8.313 356 82.02 84.05 608 42.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000 69 22,653,051.52 13.27 8.814 356 80.09 83.69 594 41.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500 32 9,237,166.95 5.41 9.242 356 77.71 79.27 584 44.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000 35 9,532,142.66 5.58 9.776 355 78.93 81.18 584 41.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500 18 3,961,208.93 2.32 10.318 356 71.54 74.87 555 46.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000 13 4,126,883.96 2.42 10.778 356 68.41 68.41 532 44.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500 5 563,734.49 0.33 11.345 356 66.74 66.74 544 41.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000 6 940,781.52 0.55 11.887 355 61.22 63.77 543 43.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500 4 751,403.62 0.44 12.207 357 65.61 65.61 624 32.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000 3 775,658.78 0.45 12.743 357 59.65 59.65 561 43.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 11.250%
Maximum: 18.800%
Non-Zero Weighted Average: 14.201%
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 133 $33,095,160.85 19.39% 7.815% 354 78.18% 78.81% 633 42.23%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 403 137,588,737.58 80.61 8.200 356 78.98 81.96 612 42.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%
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 133 $33,095,160.85 19.39% 7.815% 354 78.18% 78.81% 633 42.23%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 403 137,588,737.58 80.61 8.200 356 78.98 81.96 612 42.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 133 $33,095,160.85 19.39% 7.815% 354 78.18% 78.81% 633 42.23%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
July, 2008 1 156,787.71 0.09 9.550 351 70.00 100.00 693 47.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
August, 2008 1 163,098.86 0.10 8.000 352 80.00 100.00 650 49.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2008 7 2,164,437.41 1.27 9.374 353 78.99 81.65 598 41.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2008 17 6,303,500.08 3.69 8.790 354 79.29 82.84 575 43.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2008 23 7,956,343.71 4.66 8.550 355 78.06 81.83 587 45.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2008 124 38,714,628.35 22.68 8.373 356 79.71 83.58 617 42.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2009 94 27,769,413.06 16.27 8.385 357 77.00 80.53 607 42.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2009 5 2,265,535.65 1.33 8.872 354 81.73 81.73 598 41.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2009 13 5,729,069.65 3.36 8.098 355 76.15 76.15 607 39.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2009 68 27,814,011.87 16.30 7.734 356 80.72 83.56 621 43.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2010 45 16,421,559.90 9.62 7.710 357 78.69 79.67 616 42.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2011 4 1,675,481.22 0.98 7.457 356 81.40 81.40 666 37.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2012 1 454,870.11 0.27 8.750 357 70.00 70.00 601 38.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 $95,822.44 0.06% 9.850% 356 80.00% 80.00% 507 28.30%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ 2 372,696.31 0.22 8.559 356 82.94 82.94 601 41.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA 39 16,954,432.47 9.93 7.652 356 74.32 75.99 633 42.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT 33 6,795,780.83 3.98 8.407 356 80.78 81.68 612 42.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC 3 711,320.89 0.42 8.576 355 81.60 88.01 623 25.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL 16 4,096,517.82 2.40 8.578 356 79.62 81.57 606 42.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI 1 492,698.48 0.29 8.600 354 85.00 100.00 526 47.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID 1 159,415.61 0.09 7.900 356 79.95 100.00 683 47.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL 53 14,371,201.28 8.42 8.503 356 79.33 85.03 617 42.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN 3 293,697.08 0.17 9.434 357 86.87 100.00 627 42.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KY 1 120,762.02 0.07 8.500 357 80.00 100.00 631 6.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA 69 18,118,920.76 10.62 8.244 356 79.01 82.32 612 42.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD 5 967,553.38 0.57 8.040 356 86.02 86.02 647 33.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI 3 259,613.10 0.15 8.717 356 81.76 81.76 610 35.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN 4 824,573.86 0.48 7.727 356 82.86 82.86 626 45.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO 2 107,559.48 0.06 7.197 318 83.96 100.00 683 42.37
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC 1 137,749.99 0.08 8.550 357 80.00 80.00 656 26.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH 3 625,010.60 0.37 7.133 357 79.93 79.93 632 47.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ 56 17,503,534.03 10.25 8.647 356 80.81 82.04 604 44.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM 2 297,785.23 0.17 8.493 357 86.19 93.81 595 45.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY 176 79,318,048.88 46.47 7.867 356 78.32 80.27 618 42.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH 7 508,146.35 0.30 9.250 349 85.59 91.25 636 35.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 14 1,625,969.12 0.95 8.818 356 83.06 86.44 615 42.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI 15 3,298,624.61 1.93 9.163 356 80.30 86.57 587 44.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI 26 2,626,463.81 1.54 9.080 355 84.85 90.62 605 37.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 25
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 $25,563,416.25 14.98% 8.848% 356 74.20% 76.41% 615 38.74%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 436 145,120,482.18 85.02 7.998 356 79.64 82.22 616 43.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Multi Family 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 370 $127,366,323.91 74.62% 7.992% 356 77.19% 77.68% 612 42.81%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase 153 39,232,461.56 22.99 8.585 356 84.23 93.56 626 42.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Refinance 13 4,085,112.96 2.39 7.881 356 78.02 78.42 623 41.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 316 $94,591,122.27 55.42% 7.815% 356 79.66% 81.78% 612 42.52%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation 6 2,772,064.83 1.62 8.079 356 83.21 86.04 622 41.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation 214 73,320,711.33 42.96 8.527 356 77.59 80.61 620 42.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0 183 $49,435,380.88 28.96% 8.571% 356 80.03% 82.68% 611 42.95%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 194 81,450,749.03 47.72 7.904 356 79.59 82.09 617 43.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 107 26,783,249.56 15.69 8.360 356 76.61 80.00 608 41.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 52 13,014,518.96 7.62 7.338 356 74.06 74.38 642 40.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 17 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1 497 $168,151,383.23 98.52% 8.076% 356 78.52% 81.08% 615 42.80%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2 39 2,532,515.20 1.48 11.384 348 99.30 99.30 643 31.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 28 $6,674,787.14 3.91% 10.138% 356 66.09% 66.45% 513 45.68%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550 40 12,163,988.10 7.13 9.391 356 72.09 72.88 539 45.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575 55 17,323,616.58 10.15 8.994 356 77.62 78.71 563 42.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600 74 25,259,141.98 14.80 8.357 356 77.60 79.12 590 41.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625 101 32,412,165.73 18.99 8.038 356 78.35 81.03 611 43.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650 108 31,528,081.46 18.47 7.720 356 81.09 85.24 639 40.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675 86 28,635,346.33 16.78 7.480 356 83.29 86.68 664 41.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700 44 16,686,771.11 9.78 7.187 353 80.95 83.69 688 43.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 501
Maximum: 698
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 32 $5,775,917.80 3.38% 8.660% 355 82.12% 83.79% 614 13.68%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99 8 1,857,223.73 1.09 7.439 354 76.24 82.69 641 21.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99 34 8,822,745.54 5.17 8.563 356 74.08 75.47 617 27.70
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99 39 10,643,627.05 6.24 7.872 356 76.17 77.47 628 32.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99 77 23,446,987.18 13.74 8.160 356 76.74 81.42 616 37.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99 99 35,260,442.92 20.66 8.104 356 78.05 80.21 624 42.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99 184 62,659,795.53 36.71 8.097 355 81.31 83.53 614 47.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 54.99 63 22,217,158.68 13.02 8.067 356 77.77 80.35 599 52.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 536 $170,683,898.43 100.00% 8.125% 356 78.83% 81.35% 616 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 3.94%
Maximum: 54.99%
Weighted Average: 42.64%
2007-FRE1
Carrington Capital Management, LLC
Condominium
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 191
Aggregate Principal Balance ($): 38,191,181
Weighted Average Current Mortgage Rate (%): 8.486
Weighted Average Margin (%): 5.838
Weighted Average Maximum Rate (%): 14.435
Weighted Average Original Months to Roll: 28
Weighted Average Stated Original Term (months): 359
Weighted Average Stated Remaining Term (months): 355
Weighted Average Combined Original LTV (%): 85.00
% First Liens: 96.62
% Owner Occupied: 93.78
% Purchase: 43.84
% Full Documentation: 56.73
Non-Zero Weighted Average FICO Score: 610
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 $190,247.99 0.50% 7.490% 177 80.00% 80.00% 692 27.04%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 34 6,263,407.74 16.40 9.131 356 78.27 83.05 581 38.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 5YR-IO 7 1,442,250.00 3.78 7.059 355 83.59 90.26 633 43.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 34 3,485,190.14 9.13 9.486 356 82.46 82.46 595 34.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 17 2,610,386.11 6.84 9.085 356 77.99 82.26 616 35.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 3YR-IO 2 569,000.00 1.49 6.655 357 80.19 80.19 626 47.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 5YR-IO 1 211,500.00 0.55 8.850 356 90.00 90.00 603 49.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2YR-ARM 8 1,674,536.66 4.38 8.202 356 80.40 90.81 622 38.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3YR-ARM 6 1,484,359.83 3.89 7.468 356 84.54 84.54 624 35.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed 3 676,002.50 1.77 7.577 354 81.61 81.61 639 38.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 2YR-ARM 57 13,580,663.23 35.56 8.432 356 81.15 86.15 610 41.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 3YR-ARM 16 4,996,482.27 13.08 8.176 356 83.39 85.94 629 44.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 Fixed 5 1,007,154.55 2.64 7.496 356 81.39 81.39 628 41.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 3 $569,232.52 1.49% 5.728% 355 79.86% 85.99% 652 47.95%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 2 686,571.48 1.80 6.370 357 74.63 74.63 618 41.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 19 6,366,244.06 16.67 6.889 356 79.15 84.32 631 41.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 14 3,263,764.87 8.55 7.361 346 75.50 77.41 650 39.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 19 4,638,245.30 12.14 7.815 356 80.82 85.64 630 39.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 27 6,472,230.21 16.95 8.311 356 84.31 90.62 617 39.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 29 4,618,872.09 12.09 8.832 356 80.45 84.22 596 40.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 16 3,548,493.79 9.29 9.306 356 80.20 86.41 586 42.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 12 2,830,702.96 7.41 9.861 356 83.77 84.51 571 42.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 14 1,711,443.45 4.48 10.304 356 81.70 82.50 563 35.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 15 1,810,492.03 4.74 10.785 356 87.24 87.24 594 36.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 13 736,661.85 1.93 11.335 356 94.35 94.35 612 36.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 5 583,759.85 1.53 11.632 356 68.94 68.94 535 33.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 2 228,575.42 0.60 12.371 356 73.15 73.15 571 36.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 1 125,891.14 0.33 13.325 356 100.00 100.00 609 47.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.550%
Maximum: 13.325%
Weighted Average: 8.486%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 11 $403,498.10 1.06% 11.143% 356 99.62% 99.62% 655 39.92%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 21 1,503,281.94 3.94 9.922 356 87.94 87.94 615 37.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 44 5,426,416.99 14.21 9.484 356 76.36 81.43 587 38.37
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 47 8,166,956.75 21.38 8.604 352 82.29 87.40 606 40.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00 22 4,817,373.35 12.61 8.017 357 83.31 88.84 633 40.70
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00 16 4,336,593.60 11.35 8.649 356 83.63 86.33 609 40.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 4 1,278,240.14 3.35 7.299 357 80.51 80.51 631 39.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00 13 4,916,682.33 12.87 8.292 356 82.22 83.83 595 40.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00 3 1,281,632.40 3.36 7.276 356 72.35 78.84 619 43.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00 3 1,457,321.35 3.82 8.791 356 82.81 82.81 621 48.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00 1 503,748.11 1.32 8.050 356 80.00 100.00 609 37.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00 1 557,821.14 1.46 8.450 357 90.00 90.00 602 35.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00 1 605,325.51 1.58 7.350 356 80.00 80.00 639 21.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00 2 1,397,293.85 3.66 7.175 357 66.02 66.02 615 39.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00 1 739,451.92 1.94 7.000 356 80.00 100.00 667 49.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00 1 799,543.54 2.09 7.700 356 80.00 80.00 609 43.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $25,946.31
Maximum: $799,543.54
Weighted Average: $199,953.83
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 $190,247.99 0.50% 7.490% 177 80.00% 80.00% 692 27.04%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 190 38,000,933.03 99.50 8.491 356 81.12 85.03 610 40.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 180 Months
Maximum: 360 Months
Weighted Average: 359 Months
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 $190,247.99 0.50% 7.490% 177 80.00% 80.00% 692 27.04%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 190 38,000,933.03 99.50 8.491 356 81.12 85.03 610 40.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 177 Months
Maximum: 357 Months
Weighted Average: 355 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00 1 $174,596.06 0.46% 7.350% 357 30.76% 30.76% 644 48.98%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 1 121,704.38 0.32 8.800 356 50.00 50.00 562 43.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 2 594,490.44 1.56 7.840 356 53.37 53.37 555 48.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 5 1,232,230.37 3.23 7.924 356 58.26 58.26 561 33.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 5 1,120,770.24 2.93 8.864 356 63.58 63.58 558 36.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 12 2,353,159.58 6.16 9.047 356 68.79 68.79 588 37.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 9 1,875,353.22 4.91 8.725 357 73.68 73.68 588 42.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 35 7,739,541.16 20.27 8.666 352 79.82 79.82 591 39.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 20 4,334,866.13 11.35 7.804 357 84.18 84.18 620 42.21
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 33 7,779,612.41 20.37 8.290 356 89.94 89.94 619 39.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 9 1,736,982.33 4.55 8.938 355 91.64 94.95 641 45.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 59 9,127,874.70 23.90 8.634 356 84.34 100.00 636 40.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 30.76%
Maximum: 100.00%
Weighted Average: 85.00%
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 43 $5,358,595.18 14.03% 8.801% 350 82.06% 82.06% 610 36.28%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.001 - 3.500 2 394,737.32 1.03 5.806 357 79.80 79.80 637 47.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.501 - 4.000 1 367,000.00 0.96 6.300 357 81.56 81.56 617 48.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 7 1,896,543.13 4.97 6.764 357 82.81 92.37 639 42.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 19 5,241,063.59 13.72 7.241 356 77.54 80.84 638 40.42
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 13 3,932,875.75 10.30 7.737 356 79.52 83.30 638 40.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 25 5,465,251.64 14.31 8.180 356 81.94 90.02 624 40.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 27 5,428,980.33 14.22 8.769 356 82.39 86.49 601 39.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 54 10,106,134.08 26.46 9.777 356 81.65 84.82 576 40.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 3.350%
Maximum: 6.990%
Non-Zero Weighted Average: 5.838%
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 43 $5,358,595.18 14.03% 8.801% 350 82.06% 82.06% 610 36.28%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 3 569,232.52 1.49 5.728 355 79.86 85.99 652 47.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 1 367,000.00 0.96 6.300 357 81.56 81.56 617 48.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 15 4,892,137.34 12.81 6.892 356 81.09 87.81 641 43.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 12 2,982,814.93 7.81 7.362 357 75.38 77.47 646 39.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 18 4,393,540.30 11.50 7.807 356 80.59 85.67 629 39.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 23 5,830,729.84 15.27 8.298 356 83.62 90.63 616 40.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 26 4,224,142.11 11.06 8.820 356 81.40 85.52 599 41.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 16 3,548,493.79 9.29 9.306 356 80.20 86.41 586 42.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 12 2,830,702.96 7.41 9.861 356 83.77 84.51 571 42.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 6 972,072.08 2.55 10.272 356 81.69 83.10 559 35.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 8 1,259,780.16 3.30 10.766 356 83.91 83.91 577 36.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 2 200,539.12 0.53 11.100 356 80.00 80.00 535 41.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 4 532,825.27 1.40 11.639 356 67.40 67.40 531 32.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 2 228,575.42 0.60 12.371 356 73.15 73.15 571 36.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.550%
Maximum: 12.450%
Non-Zero Weighted Average: 8.435%
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 43 $5,358,595.18 14.03% 8.801% 350 82.06% 82.06% 610 36.28%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 3 569,232.52 1.49 5.728 355 79.86 85.99 652 47.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 1 367,000.00 0.96 6.300 357 81.56 81.56 617 48.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 15 4,892,137.34 12.81 6.892 356 81.09 87.81 641 43.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 12 2,982,814.93 7.81 7.362 357 75.38 77.47 646 39.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 18 4,393,540.30 11.50 7.807 356 80.59 85.67 629 39.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500 23 5,830,729.84 15.27 8.298 356 83.62 90.63 616 40.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000 26 4,224,142.11 11.06 8.820 356 81.40 85.52 599 41.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500 16 3,548,493.79 9.29 9.306 356 80.20 86.41 586 42.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000 12 2,830,702.96 7.41 9.861 356 83.77 84.51 571 42.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500 6 972,072.08 2.55 10.272 356 81.69 83.10 559 35.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000 8 1,259,780.16 3.30 10.766 356 83.91 83.91 577 36.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500 2 200,539.12 0.53 11.100 356 80.00 80.00 535 41.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000 4 532,825.27 1.40 11.639 356 67.40 67.40 531 32.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500 2 228,575.42 0.60 12.371 356 73.15 73.15 571 36.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 11.550%
Maximum: 18.450%
Non-Zero Weighted Average: 14.435%
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 43 $5,358,595.18 14.03% 8.801% 350 82.06% 82.06% 610 36.28%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 148 32,832,585.84 85.97 8.435 356 80.95 85.48 610 40.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%
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 43 $5,358,595.18 14.03% 8.801% 350 82.06% 82.06% 610 36.28%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 148 32,832,585.84 85.97 8.435 356 80.95 85.48 610 40.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 43 $5,358,595.18 14.03% 8.801% 350 82.06% 82.06% 610 36.28%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
May, 2008 1 181,600.00 0.48 7.990 349 80.00 100.00 691 44.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2008 4 633,930.47 1.66 8.539 353 79.39 89.67 573 45.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2008 2 577,863.02 1.51 8.434 354 80.00 86.44 593 49.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2008 3 882,283.44 2.31 9.819 355 68.06 68.06 562 44.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2008 60 13,505,030.90 35.36 8.373 356 79.54 86.24 610 39.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2009 36 7,180,149.80 18.80 8.654 357 83.87 86.72 601 42.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2009 1 149,763.56 0.39 11.650 355 56.60 56.60 527 32.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2009 22 5,277,626.91 13.82 8.323 356 86.18 89.16 632 40.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2010 19 4,444,337.74 11.64 8.020 357 78.10 79.93 618 42.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AR 1 $91,120.96 0.24% 8.990% 356 95.00% 95.00% 621 49.07%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA 30 8,677,584.12 22.72 7.912 356 79.57 85.86 620 42.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT 2 175,159.22 0.46 9.645 356 80.39 80.39 571 38.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC 3 397,115.61 1.04 9.473 356 76.20 79.49 551 34.04
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL 59 11,074,462.59 29.00 8.637 356 81.48 85.13 601 39.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA 2 289,923.29 0.76 10.160 356 90.00 94.72 593 29.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI 7 1,825,318.69 4.78 8.498 356 80.25 80.25 594 39.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL 14 1,667,478.56 4.37 8.686 356 86.24 93.06 638 41.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA 12 2,016,118.82 5.28 8.749 355 87.16 95.87 658 41.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD 24 4,290,340.46 11.23 8.717 356 77.78 79.64 593 42.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC 2 117,820.66 0.31 10.774 356 91.19 91.19 568 29.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH 1 222,311.32 0.58 5.850 357 79.64 79.64 643 44.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ 10 2,416,780.87 6.33 9.001 342 78.36 80.08 625 42.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY 5 1,740,625.04 4.56 8.032 357 82.35 82.35 615 31.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OR 1 119,977.76 0.31 9.850 357 80.00 80.00 602 49.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 3 533,008.89 1.40 10.282 357 86.77 86.77 572 33.04
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI 3 446,240.09 1.17 7.727 356 85.23 92.27 656 31.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA 5 912,993.25 2.39 8.396 357 77.14 81.91 576 41.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VT 2 194,657.80 0.51 8.552 357 82.37 95.00 641 41.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA 3 692,676.65 1.81 7.889 356 82.44 82.44 585 36.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI 2 289,466.37 0.76 8.020 357 94.69 94.69 667 46.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 21
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 9 $1,485,066.41 3.89% 9.139% 356 78.79% 82.98% 626 44.00%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 179 35,815,173.14 93.78 8.482 355 81.29 85.27 610 40.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home 3 890,941.47 2.33 7.539 356 77.76 77.76 619 22.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 99 $21,097,005.57 55.24% 8.469% 355 80.06% 80.31% 603 41.89%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase 90 16,743,517.01 43.84 8.520 356 82.27 90.84 619 38.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Refinance 2 350,658.44 0.92 7.872 356 88.87 88.87 657 47.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 104 $21,665,312.18 56.73% 8.108% 356 80.66% 82.99% 604 40.24%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation 3 521,898.77 1.37 8.791 356 90.00 92.50 601 38.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation 84 16,003,970.07 41.90 8.988 354 81.44 87.49 619 40.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 65 $12,636,620.81 33.09% 9.021% 354 82.27% 85.99% 614 40.90%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 25 4,924,862.10 12.90 7.956 356 81.75 85.61 631 37.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 70 14,802,664.37 38.76 8.494 356 80.79 85.36 601 41.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 31 5,827,033.74 15.26 7.753 356 78.88 81.46 610 38.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 24 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1 170 $36,900,851.70 96.62% 8.390% 355 80.45% 84.48% 609 40.48%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2 21 1,290,329.32 3.38 11.241 356 99.88 99.88 646 33.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 13 $1,883,994.96 4.93% 10.240% 356 75.28% 75.28% 513 39.30%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550 17 3,157,165.99 8.27 9.880 356 75.83 76.37 540 38.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575 23 5,238,521.75 13.72 8.748 356 71.96 76.10 563 39.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600 18 3,261,913.22 8.54 8.973 357 83.36 84.88 590 39.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625 33 7,972,011.80 20.87 8.160 356 83.15 85.50 611 41.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650 49 8,990,950.01 23.54 8.062 356 83.83 89.57 640 38.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675 30 6,355,057.77 16.64 7.979 356 85.24 91.49 665 43.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700 8 1,331,565.52 3.49 7.711 329 82.11 89.83 689 37.96
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 502
Maximum: 697
Weighted Average: 610
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 $1,101,814.41 2.88% 8.506% 356 89.29% 89.29% 632 15.43%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99 8 1,584,161.89 4.15 8.831 356 83.78 83.78 607 22.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99 11 1,807,408.16 4.73 9.016 338 76.38 76.38 603 26.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99 18 4,251,070.80 11.13 8.327 356 77.31 81.81 595 32.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99 35 6,110,281.71 16.00 8.800 356 80.76 86.45 599 37.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99 46 9,385,276.54 24.57 8.539 356 83.30 87.00 612 42.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99 64 13,592,624.51 35.59 8.281 356 80.63 84.77 619 47.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 54.99 2 358,543.00 0.94 7.126 355 80.00 90.38 599 52.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 191 $38,191,181.02 100.00% 8.486% 355 81.11% 85.00% 610 40.25%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 9.53%
Maximum: 54.53%
Weighted Average: 40.25%
2007-FRE1
Carrington Capital Management, LLC
Seasoned greater than 5 Months
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 384
Aggregate Principal Balance ($): 111,307,584
Weighted Average Current Mortgage Rate (%): 8.378
Weighted Average Margin (%): 5.760
Weighted Average Maximum Rate (%): 14.426
Weighted Average Original Months to Roll: 28
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 354
Weighted Average Combined Original LTV (%): 83.16
% First Liens: 99.03
% Owner Occupied: 92.65
% Purchase: 26.00
% Full Documentation: 58.45
Non-Zero Weighted Average FICO Score: 600
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 $44,977.38 0.04% 9.853% 175 100.00% 100.00% 677 31.48%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20 Fixed 1 80,853.91 0.07 7.500 235 80.00 80.00 664 32.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 94 21,051,107.67 18.91 9.169 354 77.44 82.49 575 40.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 5YR-IO 1 181,600.00 0.16 7.990 349 80.00 100.00 691 44.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 38 5,559,666.75 4.99 8.802 354 82.77 83.20 607 40.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 55 12,497,938.04 11.23 9.692 355 73.59 75.94 565 39.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 3YR-IO 3 1,461,750.00 1.31 6.209 354 81.96 89.08 651 39.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 5YR-IO 8 2,824,170.00 2.54 6.552 355 76.23 89.83 648 38.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2YR-ARM 17 5,430,132.68 4.88 7.858 354 77.38 84.03 617 44.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3YR-ARM 5 2,116,325.08 1.90 8.567 355 87.15 87.15 581 46.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed 6 1,614,054.11 1.45 8.124 352 88.61 88.61 642 42.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 2YR-ARM 106 37,316,512.53 33.53 8.154 355 81.43 84.04 598 44.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 3YR-ARM 31 14,717,860.11 13.22 7.754 355 82.64 83.21 626 41.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 Fixed 17 6,410,636.10 5.76 7.345 355 82.26 85.87 640 44.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 2 $657,738.38 0.59% 5.500% 355 80.00% 88.81% 651 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 4 2,265,548.71 2.04 5.936 354 73.57 80.54 658 37.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 15 6,309,927.23 5.67 6.358 355 82.27 83.92 638 43.48
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 36 15,756,099.36 14.16 6.841 355 80.87 85.28 634 42.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 25 11,692,739.24 10.50 7.317 354 81.47 87.67 630 42.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 36 13,731,431.22 12.34 7.774 355 80.27 81.51 625 43.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 32 9,662,273.18 8.68 8.298 354 83.04 87.80 608 42.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 57 17,488,639.01 15.71 8.813 355 81.58 84.60 586 43.28
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 48 11,107,297.85 9.98 9.342 354 81.95 84.98 570 41.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 49 9,796,086.65 8.80 9.827 353 78.00 79.62 554 41.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 28 4,873,910.00 4.38 10.280 354 75.94 78.45 557 42.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 22 3,353,974.86 3.01 10.825 355 74.73 75.41 537 42.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 11 1,496,026.60 1.34 11.344 355 71.54 72.51 551 40.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 13 1,924,049.80 1.73 11.746 354 69.02 69.02 540 36.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 3 639,603.61 0.57 12.425 355 56.18 56.18 532 47.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 3 552,238.66 0.50 12.729 354 60.58 60.58 529 47.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.500%
Maximum: 12.750%
Weighted Average: 8.378%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 $160,424.15 0.14% 10.341% 304 100.00% 100.00% 663 22.14%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 59 4,596,271.78 4.13 9.853 352 83.44 87.69 589 38.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 47 5,871,462.52 5.27 9.573 354 78.85 81.92 577 41.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 54 9,462,120.47 8.50 9.202 354 77.05 82.34 582 41.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00 36 8,173,378.62 7.34 9.321 354 76.23 79.34 577 42.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00 31 8,587,946.78 7.72 9.008 355 77.47 83.55 593 39.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 32 10,508,894.47 9.44 8.638 355 77.23 80.12 582 42.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00 21 7,906,474.43 7.10 7.736 355 82.29 84.18 610 44.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00 17 7,275,976.21 6.54 7.989 355 83.61 83.61 597 41.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00 19 9,071,531.65 8.15 7.730 355 76.92 80.85 604 45.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00 21 11,114,832.39 9.99 8.026 355 81.19 82.12 602 44.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00 15 8,650,254.91 7.77 8.130 355 82.46 84.49 598 39.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00 10 6,236,531.51 5.60 7.841 355 83.99 88.42 621 41.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00 6 4,054,743.90 3.64 7.409 355 81.37 81.37 625 39.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00 3 2,227,703.39 2.00 7.032 355 87.92 87.92 657 44.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00 4 3,154,392.50 2.83 8.157 354 82.20 83.64 625 44.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
950,000.01 - 1,000,000.00 1 970,630.08 0.87 6.600 355 75.00 100.00 670 45.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000,000.01 greater than or equal to 3 3,284,014.60 2.95 6.803 354 77.69 85.23 645 47.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $21,272.04
Maximum: $1,237,429.11
Weighted Average: $289,863.50
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
121 - 180 2 $44,977.38 0.04% 9.853% 175 100.00% 100.00% 677 31.48%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 1 80,853.91 0.07 7.500 235 80.00 80.00 664 32.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 381 111,181,753.07 99.89 8.378 355 79.96 83.15 600 42.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 180 Months
Maximum: 360 Months
Weighted Average: 360 Months
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 $44,977.38 0.04% 9.853% 175 100.00% 100.00% 677 31.48%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 1 80,853.91 0.07 7.500 235 80.00 80.00 664 32.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 381 111,181,753.07 99.89 8.378 355 79.96 83.15 600 42.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 174 Months
Maximum: 355 Months
Weighted Average: 354 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00 1 $349,269.24 0.31% 10.350% 355 30.43% 30.43% 511 49.05%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00 1 334,721.62 0.30 7.300 355 39.69 39.69 525 44.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 4 761,019.88 0.68 10.053 354 47.27 47.27 556 36.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 6 1,250,905.53 1.12 11.044 355 52.60 52.60 570 45.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 5 1,330,715.61 1.20 10.986 355 58.79 58.79 518 37.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 16 4,948,297.88 4.45 8.683 355 63.78 63.78 592 39.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 27 6,668,529.66 5.99 8.890 355 68.79 68.79 574 41.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 31 8,579,412.00 7.71 8.704 354 73.97 73.97 600 39.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 106 31,428,695.01 28.24 8.505 354 79.61 79.61 588 42.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 35 13,767,629.96 12.37 8.018 355 84.17 84.53 600 44.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 48 17,984,601.68 16.16 7.768 355 89.55 89.55 618 44.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 16 4,224,576.94 3.80 8.378 355 91.36 94.91 613 44.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 88 19,679,209.35 17.68 8.166 354 82.87 99.91 623 41.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 30.43%
Maximum: 100.00%
Weighted Average: 83.16%
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 64 $13,710,188.25 12.32% 8.037% 353 83.26% 85.12% 627 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2.501 - 3.000 1 289,738.38 0.26 5.500 354 80.00 100.00 644 42.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.001 - 3.500 4 2,459,053.51 2.21 5.898 355 74.08 79.08 656 37.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.501 - 4.000 6 2,715,082.80 2.44 6.282 355 83.72 83.72 629 43.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 20 9,306,057.64 8.36 6.777 355 80.13 86.07 636 41.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 26 12,868,232.39 11.56 7.260 355 80.68 85.47 625 41.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 34 12,777,742.20 11.48 7.775 355 81.07 81.86 622 43.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 32 9,671,203.32 8.69 8.406 354 80.74 84.29 602 42.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 50 14,723,644.81 13.23 8.756 355 81.75 86.31 589 42.23
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 147 32,786,641.06 29.46 9.857 354 76.94 79.47 558 42.42
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 2.920%
Maximum: 6.990%
Non-Zero Weighted Average: 5.760%
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 64 $13,710,188.25 12.32% 8.037% 353 83.26% 85.12% 627 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 2 657,738.38 0.59 5.500 355 80.00 88.81 651 42.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 4 2,265,548.71 2.04 5.936 354 73.57 80.54 658 37.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 9 4,121,481.91 3.70 6.349 355 83.19 85.71 629 43.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 26 12,028,547.54 10.81 6.865 355 80.26 84.85 632 41.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 21 10,933,344.25 9.82 7.320 355 81.75 87.55 628 42.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 32 12,368,840.57 11.11 7.783 355 79.66 81.03 623 43.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 29 8,758,551.08 7.87 8.295 354 83.04 88.29 604 42.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 51 16,316,385.04 14.66 8.809 355 81.61 84.82 585 42.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 45 10,672,843.69 9.59 9.343 354 82.03 85.01 570 41.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 40 9,080,603.94 8.16 9.825 354 77.28 79.03 551 41.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 20 3,582,857.72 3.22 10.308 354 73.12 76.54 543 43.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 16 2,698,819.40 2.42 10.860 354 71.53 72.37 529 42.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 8 1,269,051.89 1.14 11.333 355 66.45 67.59 535 41.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 11 1,650,939.72 1.48 11.728 354 65.35 65.35 531 37.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 3 639,603.61 0.57 12.425 355 56.18 56.18 532 47.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 3 552,238.66 0.50 12.729 354 60.58 60.58 529 47.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.500%
Maximum: 12.750%
Non-Zero Weighted Average: 8.426%
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 64 $13,710,188.25 12.32% 8.037% 353 83.26% 85.12% 627 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 2 657,738.38 0.59 5.500 355 80.00 88.81 651 42.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 4 2,265,548.71 2.04 5.936 354 73.57 80.54 658 37.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 9 4,121,481.91 3.70 6.349 355 83.19 85.71 629 43.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 26 12,028,547.54 10.81 6.865 355 80.26 84.85 632 41.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 21 10,933,344.25 9.82 7.320 355 81.75 87.55 628 42.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 32 12,368,840.57 11.11 7.783 355 79.66 81.03 623 43.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500 29 8,758,551.08 7.87 8.295 354 83.04 88.29 604 42.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000 51 16,316,385.04 14.66 8.809 355 81.61 84.82 585 42.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500 45 10,672,843.69 9.59 9.343 354 82.03 85.01 570 41.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000 40 9,080,603.94 8.16 9.825 354 77.28 79.03 551 41.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500 20 3,582,857.72 3.22 10.308 354 73.12 76.54 543 43.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000 16 2,698,819.40 2.42 10.860 354 71.53 72.37 529 42.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500 8 1,269,051.89 1.14 11.333 355 66.45 67.59 535 41.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000 11 1,650,939.72 1.48 11.728 354 65.35 65.35 531 37.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500 3 639,603.61 0.57 12.425 355 56.18 56.18 532 47.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.501 - 19.000 3 552,238.66 0.50 12.729 354 60.58 60.58 529 47.25
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 11.500%
Maximum: 18.750%
Non-Zero Weighted Average: 14.426%
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 64 $13,710,188.25 12.32% 8.037% 353 83.26% 85.12% 627 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 320 97,597,396.11 87.68 8.426 355 79.50 82.88 596 42.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%
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 64 $13,710,188.25 12.32% 8.037% 353 83.26% 85.12% 627 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 320 97,597,396.11 87.68 8.426 355 79.50 82.88 596 42.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 64 $13,710,188.25 12.32% 8.037% 353 83.26% 85.12% 627 42.64%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
April, 2008 1 172,201.07 0.15 8.100 348 80.00 100.00 603 50.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
May, 2008 1 181,600.00 0.16 7.990 349 80.00 100.00 691 44.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
June, 2008 1 126,700.13 0.11 9.260 350 80.00 100.00 634 40.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
July, 2008 6 746,627.51 0.67 9.338 351 79.28 89.63 630 40.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
August, 2008 2 257,209.26 0.23 7.652 352 80.00 100.00 654 49.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2008 27 6,484,023.18 5.83 9.131 353 78.93 84.67 587 42.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2008 51 15,251,310.08 13.70 8.385 354 79.48 84.82 595 42.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2008 129 40,759,681.65 36.62 8.375 355 80.02 82.52 590 43.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2009 3 957,964.28 0.86 7.122 353 81.55 97.67 642 42.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2009 25 7,520,999.17 6.76 9.391 354 76.88 79.23 574 41.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2009 74 25,139,079.78 22.59 8.095 355 79.53 81.65 611 40.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AZ 3 $869,165.00 0.78% 8.308% 355 84.64% 90.43% 604 38.82%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA 64 27,610,956.10 24.81 7.567 355 81.11 84.06 615 43.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CT 8 1,607,196.51 1.44 8.702 354 80.59 80.59 580 46.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC 1 426,555.92 0.38 8.950 354 80.00 80.00 582 18.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DE 2 606,549.38 0.54 8.192 354 87.15 87.15 585 44.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL 23 4,720,104.42 4.24 9.189 355 78.33 80.88 570 44.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA 7 1,600,453.97 1.44 8.896 354 79.89 91.20 586 45.05
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI 3 1,643,812.52 1.48 7.839 355 78.81 88.80 609 48.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL 16 2,374,461.85 2.13 8.902 352 80.34 93.78 615 43.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN 7 663,305.54 0.60 9.436 354 81.46 86.48 578 41.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
KS 2 217,989.45 0.20 10.400 355 93.93 93.93 588 39.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA 29 8,754,433.00 7.87 8.575 354 78.90 79.53 594 42.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD 29 9,288,539.18 8.34 8.341 355 82.18 85.74 598 43.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI 5 613,458.32 0.55 10.155 353 81.33 85.63 550 46.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MN 4 643,270.78 0.58 9.742 354 86.90 93.80 582 38.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MO 5 386,109.84 0.35 9.206 345 83.85 93.51 622 40.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC 11 1,842,389.82 1.66 9.609 354 81.12 86.49 587 43.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NH 2 284,919.20 0.26 9.379 353 77.77 77.77 548 30.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ 28 9,217,236.99 8.28 9.159 354 76.12 77.75 589 40.26
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NM 1 199,385.26 0.18 9.400 354 80.00 80.00 586 36.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV 6 1,075,955.57 0.97 9.191 355 79.05 87.33 576 41.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY 57 22,890,725.84 20.57 8.363 355 78.16 79.70 597 42.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH 4 362,063.74 0.33 8.970 355 84.49 95.54 596 48.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 10 1,171,307.77 1.05 9.493 355 80.51 85.82 590 33.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI 10 2,236,654.22 2.01 9.017 355 78.03 87.32 613 44.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC 5 590,442.04 0.53 9.382 354 88.95 93.39 581 42.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN 4 491,731.11 0.44 10.016 355 82.69 98.05 568 38.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX 21 4,636,816.59 4.17 7.834 352 78.48 78.83 609 39.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA 9 2,359,959.74 2.12 8.824 355 84.62 87.58 586 42.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA 5 1,638,793.10 1.47 7.419 355 88.11 97.47 644 33.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI 3 282,841.59 0.25 9.203 353 80.04 92.49 625 37.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 31
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 33 $8,094,710.91 7.27% 9.351% 354 77.23% 79.61% 602 37.84%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 350 103,129,727.89 92.65 8.302 354 80.17 83.43 600 42.74
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home 1 83,145.56 0.07 8.850 355 89.66 89.66 588 42.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Single Family 290 $79,375,022.28 71.31% 8.285% 354 80.41% 83.83% 601 41.94%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Multi Family 81 29,089,248.61 26.13 8.561 354 79.07 81.40 597 43.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo 12 2,690,750.55 2.42 9.063 353 76.12 81.27 589 44.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Manufactured 1 152,562.92 0.14 9.750 354 90.00 100.00 569 52.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 266 $80,896,292.51 72.68% 8.312% 354 78.97% 80.10% 595 42.59%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase 111 28,941,827.73 26.00 8.509 354 83.16 92.11 613 41.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Refinance 7 1,469,464.12 1.32 9.450 354 72.06 75.38 593 41.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 236 $65,061,328.73 58.45% 8.005% 354 80.62% 84.13% 601 42.09%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation 5 2,220,262.30 1.99 7.618 355 80.46 85.86 618 30.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation 143 44,025,993.33 39.55 8.969 354 78.98 81.59 597 43.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0 158 $42,057,653.93 37.79% 8.785% 354 79.28% 81.62% 595 42.15%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 66 24,648,154.24 22.14 8.200 355 79.42 82.02 607 42.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 106 30,446,490.32 27.35 8.378 355 79.83 83.60 588 42.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 54 14,155,285.87 12.72 7.481 354 83.26 88.76 628 42.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 22 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1 368 $110,226,436.24 99.03% 8.355% 354 79.77% 82.99% 599 42.49%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2 16 1,081,148.12 0.97 10.770 347 100.00 100.00 645 31.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 $102,169.89 0.09% 9.990% 355 70.00% 70.00% 500 44.96%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
501 - 525 52 11,485,904.17 10.32 10.189 354 72.18 72.35 512 42.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550 46 11,065,195.88 9.94 9.585 354 76.51 77.58 538 42.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575 57 12,539,398.10 11.27 9.350 355 78.80 82.57 560 43.33
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600 50 16,606,853.80 14.92 8.553 355 81.96 83.44 591 42.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625 49 18,247,343.14 16.39 7.729 355 83.15 87.03 611 44.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650 72 22,866,683.91 20.54 7.635 354 80.97 86.05 639 41.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675 35 12,873,155.68 11.57 7.303 354 82.44 86.92 661 39.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700 22 5,520,879.79 4.96 7.165 353 79.53 84.04 684 41.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 500
Maximum: 696
Weighted Average: 600
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 16 $4,009,914.76 3.60% 8.347% 355 78.84% 83.17% 610 13.36%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99 10 1,267,543.27 1.14 9.639 352 76.30 77.23 558 22.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99 22 5,755,743.26 5.17 8.051 355 81.76 87.82 604 27.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99 21 4,865,057.43 4.37 8.806 353 77.42 79.76 619 32.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99 57 13,889,630.63 12.48 8.481 354 79.18 81.79 600 37.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99 91 26,811,164.03 24.09 8.344 354 79.63 81.99 601 42.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99 143 49,512,947.65 44.48 8.325 355 80.38 83.81 599 47.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 54.99 24 5,195,583.33 4.67 8.467 354 82.02 86.09 589 52.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 384 $111,307,584.36 100.00% 8.378% 354 79.97% 83.16% 600 42.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 6.86%
Maximum: 54.97%
Weighted Average: 42.38%
2007-FRE1
Carrington Capital Management, LLC
In the State of Il, IN, MI, OH or PA
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 430
Aggregate Principal Balance ($): 70,234,354
Weighted Average Current Mortgage Rate (%): 8.703
Weighted Average Margin (%): 5.898
Weighted Average Maximum Rate (%): 14.754
Weighted Average Original Months to Roll: 26
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 356
Weighted Average Combined Original LTV (%): 84.42
% First Liens: 97.97
% Owner Occupied: 91.04
% Purchase: 27.23
% Full Documentation: 68.13
Non-Zero Weighted Average FICO Score: 602
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 3 $66,390.72 0.09% 11.047% 176 100.00% 100.00% 652 35.34%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20 Fixed 1 97,294.06 0.14 7.600 236 78.40 78.40 629 46.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 162 25,098,502.86 35.74 8.917 356 79.39 83.23 586 39.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 5YR-IO 6 1,347,250.00 1.92 7.477 356 83.49 87.41 646 47.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 79 7,833,524.48 11.15 8.814 356 84.43 84.97 620 39.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 39 6,324,876.44 9.01 8.407 356 80.60 87.58 609 36.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2YR-ARM 19 4,146,941.61 5.90 8.704 356 79.56 82.52 593 41.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3YR-ARM 7 1,247,249.39 1.78 8.268 356 85.27 86.66 603 39.66
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed 7 1,236,241.36 1.76 7.247 356 81.22 81.22 637 43.45
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 2YR-ARM 86 18,369,308.56 26.15 8.767 356 81.68 85.59 608 42.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 3YR-ARM 11 2,519,457.65 3.59 8.852 356 85.65 85.65 601 35.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 Fixed 9 1,853,028.67 2.64 7.635 356 74.68 76.27 617 41.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5YR-ARM 1 94,288.58 0.13 8.940 356 90.00 90.00 599 45.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 2 $353,928.70 0.50% 5.651% 355 80.00% 100.00% 660 41.37%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 6 2,173,631.45 3.09 6.235 356 74.36 86.67 659 46.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 20 3,957,261.41 5.63 6.838 356 80.92 82.27 645 42.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 26 6,318,871.39 9.00 7.321 356 73.96 76.23 618 40.41
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 45 9,109,948.22 12.97 7.813 355 79.74 82.60 619 39.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 52 9,773,879.10 13.92 8.363 356 82.26 85.93 610 40.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 82 13,516,696.31 19.25 8.842 356 84.49 88.63 601 41.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 55 8,601,708.70 12.25 9.281 356 81.87 84.00 583 39.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 55 7,200,755.53 10.25 9.770 356 82.29 85.98 573 39.27
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 24 3,390,209.14 4.83 10.232 356 80.39 85.01 576 38.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 26 3,317,006.01 4.72 10.774 356 79.50 79.50 559 42.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 19 1,068,239.54 1.52 11.360 352 85.45 90.17 601 36.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 14 1,177,808.85 1.68 11.729 352 79.71 81.31 567 38.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 3 246,039.07 0.35 12.369 356 78.43 78.43 576 39.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 1 28,370.96 0.04 12.575 356 100.00 100.00 607 49.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.550%
Maximum: 12.575%
Weighted Average: 8.703%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 26 $926,893.48 1.32% 10.877% 343 92.50% 92.50% 638 33.62%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 122 9,375,062.12 13.35 9.394 355 83.00 86.55 595 38.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 99 12,347,830.56 17.58 8.938 356 80.14 84.99 598 39.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 77 13,306,871.31 18.95 8.584 356 82.78 85.61 602 39.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00 39 8,691,169.96 12.37 8.836 356 80.50 82.18 593 41.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00 23 6,382,085.72 9.09 8.552 356 80.38 85.69 608 39.88
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 14 4,540,813.31 6.47 8.537 356 80.53 83.26 610 41.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00 7 2,643,743.42 3.76 8.172 357 80.96 86.62 623 37.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00 6 2,501,604.29 3.56 8.327 357 83.08 86.35 605 39.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00 8 3,767,804.95 5.36 8.238 356 85.49 86.72 625 44.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00 3 1,545,075.48 2.20 7.799 356 84.30 84.30 627 34.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00 2 1,174,420.31 1.67 9.180 357 62.32 62.32 555 50.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
650,000.01 - 700,000.00 1 693,935.08 0.99 7.550 356 63.84 63.84 532 37.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
700,000.01 - 750,000.00 1 740,475.94 1.05 7.125 356 73.37 73.37 555 47.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
750,000.01 - 800,000.00 2 1,596,568.45 2.27 7.252 356 69.46 81.60 628 50.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $21,261.10
Maximum: $799,628.54
Weighted Average: $163,335.71
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 3 $66,390.72 0.09% 11.047% 176 100.00% 100.00% 652 35.34%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 1 97,294.06 0.14 7.600 236 78.40 78.40 629 46.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 426 70,070,669.60 99.77 8.703 356 81.00 84.41 602 40.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 180 Months
Maximum: 360 Months
Weighted Average: 360 Months
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 3 $66,390.72 0.09% 11.047% 176 100.00% 100.00% 652 35.34%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
181 - 240 1 97,294.06 0.14 7.600 236 78.40 78.40 629 46.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 426 70,070,669.60 99.77 8.703 356 81.00 84.41 602 40.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 175 Months
Maximum: 357 Months
Weighted Average: 356 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.01 - 25.00 2 $125,820.10 0.18% 9.230% 356 22.52% 22.52% 535 37.27%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00 1 62,844.12 0.09 8.450 356 37.06 37.06 592 4.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00 2 250,418.17 0.36 7.329 357 42.61 42.61 629 36.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 1 346,742.99 0.49 7.000 356 46.27 46.27 607 39.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 5 1,084,664.49 1.54 7.732 356 53.15 53.15 567 43.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 2 223,364.27 0.32 8.336 357 58.18 58.18 580 36.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 9 2,031,751.40 2.89 8.301 356 63.33 63.33 570 38.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 22 3,047,566.73 4.34 9.577 356 68.77 68.77 570 39.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 40 7,753,540.53 11.04 9.075 356 73.97 73.97 573 42.54
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 90 16,415,208.28 23.37 8.782 356 79.54 79.54 584 38.30
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 45 8,070,714.33 11.49 8.252 356 84.08 84.32 615 41.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 75 13,313,359.83 18.96 8.449 356 88.16 89.69 613 40.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 17 2,847,326.10 4.05 8.989 356 89.15 94.40 598 43.21
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 119 14,661,033.04 20.87 8.854 355 86.22 99.98 635 40.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 20.83%
Maximum: 100.00%
Weighted Average: 84.42%
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 99 $11,086,479.29 15.78% 8.445% 354 82.48% 83.13% 622 40.53%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.001 - 3.500 1 179,433.50 0.26 5.750 357 80.00 100.00 635 34.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.501 - 4.000 2 1,165,867.93 1.66 6.187 356 69.03 91.98 645 50.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 7 1,625,433.56 2.31 6.751 356 86.01 87.48 651 42.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 22 4,797,020.93 6.83 7.968 356 76.62 77.74 596 41.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 70 13,151,022.54 18.72 8.456 356 79.25 80.90 596 39.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 66 14,608,726.23 20.80 8.550 356 81.33 84.77 608 39.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 42 6,815,591.43 9.70 8.727 356 84.44 91.58 612 40.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 121 16,804,778.97 23.93 9.796 356 81.39 85.74 578 40.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 3.363%
Maximum: 6.990%
Non-Zero Weighted Average: 5.898%
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 99 $11,086,479.29 15.78% 8.445% 354 82.48% 83.13% 622 40.53%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 2 353,928.70 0.50 5.651 355 80.00 100.00 660 41.37
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 3 1,259,242.72 1.79 6.206 356 70.22 91.46 645 49.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 11 2,315,013.27 3.30 6.843 356 86.77 87.81 649 43.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 17 4,471,223.94 6.37 7.315 356 71.03 74.23 610 39.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 36 7,803,088.50 11.11 7.824 356 79.91 83.24 622 38.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 46 8,775,206.22 12.49 8.360 356 81.99 85.56 609 40.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 70 12,493,987.61 17.79 8.829 356 84.80 89.57 603 40.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 52 8,275,481.44 11.78 9.285 356 81.65 83.64 582 39.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 42 6,148,171.30 8.75 9.751 356 81.95 86.05 572 38.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 21 3,144,260.76 4.48 10.233 356 79.81 84.80 573 39.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 15 2,614,962.19 3.72 10.762 356 75.53 75.53 541 43.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 8 574,027.94 0.82 11.373 356 72.92 81.71 558 41.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 6 742,366.09 1.06 11.747 355 75.15 77.68 556 37.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 2 176,914.41 0.25 12.465 356 70.00 70.00 562 36.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.550%
Maximum: 12.500%
Non-Zero Weighted Average: 8.754%
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 99 $11,086,479.29 15.78% 8.445% 354 82.48% 83.13% 622 40.53%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 2 353,928.70 0.50 5.651 355 80.00 100.00 660 41.37
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.001 - 12.500 3 1,259,242.72 1.79 6.206 356 70.22 91.46 645 49.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 11 2,315,013.27 3.30 6.843 356 86.77 87.81 649 43.40
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 17 4,471,223.94 6.37 7.315 356 71.03 74.23 610 39.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 36 7,803,088.50 11.11 7.824 356 79.91 83.24 622 38.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500 46 8,775,206.22 12.49 8.360 356 81.99 85.56 609 40.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000 70 12,493,987.61 17.79 8.829 356 84.80 89.57 603 40.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500 52 8,275,481.44 11.78 9.285 356 81.65 83.64 582 39.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000 42 6,148,171.30 8.75 9.751 356 81.95 86.05 572 38.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500 21 3,144,260.76 4.48 10.233 356 79.81 84.80 573 39.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000 15 2,614,962.19 3.72 10.762 356 75.53 75.53 541 43.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.001 - 17.500 8 574,027.94 0.82 11.373 356 72.92 81.71 558 41.91
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17.501 - 18.000 6 742,366.09 1.06 11.747 355 75.15 77.68 556 37.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
18.001 - 18.500 2 176,914.41 0.25 12.465 356 70.00 70.00 562 36.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 11.550%
Maximum: 18.500%
Non-Zero Weighted Average: 14.754%
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 99 $11,086,479.29 15.78% 8.445% 354 82.48% 83.13% 622 40.53%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 331 59,147,875.09 84.22 8.752 356 80.74 84.66 598 40.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%
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 99 $11,086,479.29 15.78% 8.445% 354 82.48% 83.13% 622 40.53%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 331 59,147,875.09 84.22 8.752 356 80.74 84.66 598 40.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 99 $11,086,479.29 15.78% 8.445% 354 82.48% 83.13% 622 40.53%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
June, 2008 1 126,700.13 0.18 9.260 350 80.00 100.00 634 40.31
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
July, 2008 3 365,436.05 0.52 9.044 351 75.71 96.85 664 45.73
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
August, 2008 1 94,110.40 0.13 7.050 352 80.00 100.00 661 48.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2008 7 1,091,534.63 1.55 8.785 353 77.80 88.01 593 43.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2008 4 539,873.47 0.77 10.879 354 74.78 74.78 510 40.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2008 12 1,588,732.28 2.26 9.545 355 83.82 91.26 586 44.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2008 142 27,314,864.00 38.89 8.711 356 79.61 83.38 600 40.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2009 103 17,840,752.07 25.40 8.817 357 81.66 84.35 593 41.52
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2009 1 113,964.28 0.16 9.240 353 93.00 93.00 627 37.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2009 1 95,701.84 0.14 9.350 354 80.00 100.00 550 48.38
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2009 4 520,969.99 0.74 8.195 355 79.91 91.85 624 30.32
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2009 36 6,351,642.84 9.04 8.532 356 83.68 88.32 603 37.63
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2010 15 3,009,304.53 4.28 8.433 357 79.94 82.68 611 34.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2011 1 94,288.58 0.13 8.940 356 90.00 90.00 599 45.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 214 $42,814,075.31 60.96% 8.607% 356 80.53% 84.51% 608 41.33%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN 33 3,300,664.96 4.70 9.248 356 84.76 87.84 601 40.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI 23 3,330,330.21 4.74 8.852 356 80.38 81.49 565 40.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OH 38 4,197,121.78 5.98 8.580 354 85.17 91.17 614 38.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 122 16,592,162.12 23.62 8.845 356 80.62 82.38 592 38.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 46 $6,116,678.85 8.71% 9.160% 356 79.91% 84.88% 619 42.81%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 383 63,941,802.75 91.04 8.661 356 81.10 84.33 600 40.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Second Home 1 175,872.78 0.25 8.390 356 90.00 100.00 649 47.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Single Family 333 $50,975,240.00 72.58% 8.731% 356 81.11% 83.73% 596 39.87%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Multi Family 80 17,058,626.93 24.29 8.574 356 80.04 85.56 617 42.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo 17 2,200,487.45 3.13 9.072 356 86.37 91.54 622 39.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 268 $48,226,631.52 68.67% 8.637% 356 79.02% 80.14% 593 40.18%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Purchase 142 19,126,944.10 27.23 8.960 355 85.68 95.22 622 40.67
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Refinance 20 2,880,778.76 4.10 8.112 356 83.44 84.30 612 41.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 301 $47,847,201.01 68.13% 8.550% 356 81.31% 83.87% 595 40.06%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation 1 127,323.86 0.18 9.850 357 85.00 100.00 573 44.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation 128 22,259,829.51 31.69 9.027 356 80.37 85.52 618 41.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 72 $13,910,893.88 19.81% 9.092% 356 82.19% 86.72% 621 39.43%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 107 21,362,291.84 30.42 8.663 356 80.63 84.18 597 41.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 158 22,339,564.17 31.81 8.669 356 80.16 82.92 593 40.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 93 12,621,604.49 17.97 8.403 355 81.89 84.94 605 39.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 22 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1 399 $68,811,780.01 97.97% 8.653% 356 80.62% 84.10% 601 40.48%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2 31 1,422,574.37 2.03 11.134 348 99.98 99.98 650 35.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 33 $4,942,998.60 7.04% 9.895% 356 76.65% 77.88% 516 41.15%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550 46 7,048,767.83 10.04 9.581 356 75.43 75.95 536 40.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575 66 10,415,239.07 14.83 8.993 356 78.84 80.81 561 40.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600 47 8,398,054.17 11.96 9.062 356 82.27 83.85 589 38.16
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625 80 13,934,166.71 19.84 8.521 356 81.76 84.08 613 41.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650 86 15,192,270.53 21.63 8.184 355 82.61 88.53 639 40.46
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675 45 6,633,091.10 9.44 8.091 355 84.14 91.73 664 41.43
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700 27 3,669,766.37 5.23 7.719 356 85.85 92.12 684 37.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 501
Maximum: 698
Weighted Average: 602
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 $2,457,621.89 3.50% 8.677% 355 81.59% 86.81% 615 16.47%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99 20 2,031,795.13 2.89 8.914 356 81.64 81.64 598 22.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99 33 4,764,267.53 6.78 9.181 356 80.85 82.73 588 27.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99 52 8,699,338.23 12.39 8.761 356 81.35 84.18 607 33.19
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99 68 12,273,838.56 17.48 8.658 356 80.57 84.34 598 37.94
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99 88 13,959,694.63 19.88 8.704 356 80.45 82.62 603 42.61
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99 115 21,235,442.69 30.24 8.549 355 82.18 85.55 607 47.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 54.99 31 4,812,355.72 6.85 8.845 356 77.67 86.93 583 52.75
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 430 $70,234,354.38 100.00% 8.703% 356 81.02% 84.42% 602 40.38%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 3.92%
Maximum: 54.93%
Weighted Average: 40.38%
2007-FRE1
Carrington Capital Management, LLC
First Time Homebuyer
1. Summary Statistics
Cut-Off Date: 4/1/2007
Number of Mortgage Loans: 91
Aggregate Principal Balance ($): 20,205,114
Weighted Average Current Mortgage Rate (%): 8.415
Weighted Average Margin (%): 5.934
Weighted Average Maximum Rate (%): 14.397
Weighted Average Original Months to Roll: 26
Weighted Average Stated Original Term (months): 360
Weighted Average Stated Remaining Term (months): 356
Weighted Average Combined Original LTV (%): 93.56
% First Liens: 94.75
% Owner Occupied: 97.09
% Purchase: 100.00
% Full Documentation: 49.94
Non-Zero Weighted Average FICO Score: 618
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 $22,037.82 0.11% 9.990% 177 100.00% 100.00% 601 49.72%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2YR-ARM 16 3,453,071.26 17.09 8.605 356 79.53 90.42 595 43.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30 Fixed 20 1,933,441.72 9.57 9.231 356 92.68 95.69 647 39.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3YR-ARM 8 1,659,031.63 8.21 8.723 356 82.27 93.84 632 37.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 2YR-ARM 6 1,567,841.24 7.76 7.409 356 79.31 89.48 627 43.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 3YR-ARM 1 86,627.13 0.43 8.100 357 85.00 100.00 624 25.80
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40/30 Fixed 1 400,820.02 1.98 7.250 357 75.00 75.00 628 49.47
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 2YR-ARM 32 8,782,622.07 43.47 8.410 356 84.78 96.38 613 43.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 3YR-ARM 5 1,767,537.84 8.75 8.515 357 87.36 88.59 618 43.89
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50/30 Fixed 1 532,083.24 2.63 6.850 356 75.00 100.00 665 43.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 $179,433.50 0.89% 5.750% 357 80.00% 100.00% 635 34.36%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 1 226,174.36 1.12 6.440 357 80.00 100.00 692 51.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 8 3,271,067.52 16.19 6.697 357 81.31 91.70 640 44.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 7 2,379,525.30 11.78 7.394 356 80.50 92.95 642 43.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 6 1,847,930.49 9.15 7.857 356 82.48 93.23 638 42.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 10 2,343,809.66 11.60 8.299 357 83.62 90.75 613 40.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 13 2,884,600.88 14.28 8.712 356 82.01 92.55 591 45.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 13 2,765,279.78 13.69 9.273 356 86.65 94.68 602 44.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 13 2,881,144.95 14.26 9.701 355 83.49 94.79 593 40.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 8 792,375.16 3.92 10.321 356 94.38 99.09 616 31.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 3 199,741.12 0.99 10.879 357 99.62 99.62 641 37.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.001 - 11.500 7 389,072.71 1.93 11.482 356 100.00 100.00 650 41.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 1 44,958.54 0.22 11.725 357 100.00 100.00 635 42.69
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.750%
Maximum: 11.725%
Weighted Average: 8.415%
4. Current Unpaid Principal Balance ($)
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
% 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 $195,799.44 0.97% 11.219% 336 100.00% 100.00% 652 37.90%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50,000.01 - 100,000.00 19 1,483,820.57 7.34 9.747 356 91.95 96.26 622 35.82
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000.01 - 150,000.00 15 1,808,313.46 8.95 9.177 356 86.37 96.44 610 44.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
150,000.01 - 200,000.00 9 1,572,636.69 7.78 8.453 357 88.81 99.50 609 42.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
200,000.01 - 250,000.00 9 1,909,510.92 9.45 8.565 356 84.81 95.43 632 40.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
250,000.01 - 300,000.00 4 1,123,214.52 5.56 8.980 357 81.73 95.13 608 43.95
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
300,000.01 - 350,000.00 7 2,240,745.75 11.09 8.108 356 82.79 92.78 624 37.18
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
350,000.01 - 400,000.00 7 2,623,980.29 12.99 8.335 356 80.97 97.52 614 43.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
400,000.01 - 450,000.00 7 2,907,618.50 14.39 8.324 356 85.67 90.59 622 44.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
450,000.01 - 500,000.00 4 1,952,036.27 9.66 8.059 355 77.60 91.45 602 44.98
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
500,000.01 - 550,000.00 1 532,083.24 2.63 6.850 356 75.00 100.00 665 43.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
550,000.01 - 600,000.00 1 590,364.16 2.92 6.550 357 85.00 85.00 621 45.81
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
600,000.01 - 650,000.00 2 1,264,990.16 6.26 7.552 357 78.19 78.19 608 47.62
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: $22,037.82
Maximum: $649,187.61
Weighted Average: $222,034.22
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 $22,037.82 0.11% 9.990% 177 100.00% 100.00% 601 49.72%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 90 20,183,076.15 99.89 8.413 356 83.78 93.55 618 42.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 180 Months
Maximum: 360 Months
Weighted Average: 360 Months
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 $22,037.82 0.11% 9.990% 177 100.00% 100.00% 601 49.72%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
301 - 360 90 20,183,076.15 99.89 8.413 356 83.78 93.55 618 42.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 177 Months
Maximum: 357 Months
Weighted Average: 356 Months
7. Combined Original 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 Original Loan-to-Value Ratio (%) Loans Principal Balance Principal Balance Rate (months) Original LTV Original LTV FICO DTI
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00 1 $79,818.98 0.40% 7.450% 357 44.44% 44.44% 525 23.86%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 1 476,902.09 2.36 8.650 357 65.00 65.00 551 48.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 2 543,042.20 2.69 7.865 357 75.00 75.00 625 43.53
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 6 2,592,077.68 12.83 8.214 356 79.12 79.12 611 42.51
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 3 959,625.45 4.75 7.149 357 85.00 85.00 610 43.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 7 1,662,045.71 8.23 8.425 357 90.00 90.00 620 41.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 6 1,752,638.96 8.67 8.832 357 89.97 94.36 605 45.70
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
95.01 - 100.00 65 12,138,962.90 60.08 8.518 356 84.35 99.97 625 42.10
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 44.44%
Maximum: 100.00%
Weighted Average: 93.56%
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 23 $2,888,382.80 14.30% 8.523% 355 87.03% 93.65% 647 42.04%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3.001 - 3.500 1 179,433.50 0.89 5.750 357 80.00 100.00 635 34.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.500 4 1,962,670.54 9.71 6.660 357 80.34 87.71 627 45.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4.501 - 5.000 3 1,069,245.15 5.29 7.326 356 83.03 99.70 649 43.14
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.500 7 2,545,557.00 12.60 7.557 356 82.37 96.51 648 41.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 8 1,660,235.72 8.22 8.112 357 85.88 94.22 617 40.12
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.001 - 6.500 17 3,925,926.43 19.43 8.690 356 81.87 90.52 596 44.90
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 28 5,973,662.83 29.57 9.484 356 84.92 94.70 596 41.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 3.363%
Maximum: 6.990%
Non-Zero Weighted Average: 5.934%
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 23 $2,888,382.80 14.30% 8.523% 355 87.03% 93.65% 647 42.04%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 1 179,433.50 0.89 5.750 357 80.00 100.00 635 34.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
6.501 - 7.000 6 2,435,465.19 12.05 6.675 357 81.60 90.09 632 45.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.001 - 7.500 5 1,898,886.30 9.40 7.422 356 83.18 98.77 650 42.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
7.501 - 8.000 6 1,847,930.49 9.15 7.857 356 82.48 93.23 638 42.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.001 - 8.500 9 2,187,935.67 10.83 8.310 357 82.80 90.45 613 40.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
8.501 - 9.000 13 2,884,600.88 14.28 8.712 356 82.01 92.55 591 45.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.001 - 9.500 13 2,765,279.78 13.69 9.273 356 86.65 94.68 602 44.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
9.501 - 10.000 10 2,651,002.56 13.12 9.696 356 82.54 94.34 591 39.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.001 - 10.500 4 400,293.28 1.98 10.308 356 88.87 98.20 585 38.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
10.501 - 11.000 1 65,903.52 0.33 10.950 356 100.00 100.00 619 19.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 5.750%
Maximum: 10.950%
Non-Zero Weighted Average: 8.397%
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 23 $2,888,382.80 14.30% 8.523% 355 87.03% 93.65% 647 42.04%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
11.501 - 12.000 1 179,433.50 0.89 5.750 357 80.00 100.00 635 34.36
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12.501 - 13.000 6 2,435,465.19 12.05 6.675 357 81.60 90.09 632 45.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.001 - 13.500 5 1,898,886.30 9.40 7.422 356 83.18 98.77 650 42.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
13.501 - 14.000 6 1,847,930.49 9.15 7.857 356 82.48 93.23 638 42.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.001 - 14.500 9 2,187,935.67 10.83 8.310 357 82.80 90.45 613 40.02
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14.501 - 15.000 13 2,884,600.88 14.28 8.712 356 82.01 92.55 591 45.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.001 - 15.500 13 2,765,279.78 13.69 9.273 356 86.65 94.68 602 44.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
15.501 - 16.000 10 2,651,002.56 13.12 9.696 356 82.54 94.34 591 39.58
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.001 - 16.500 4 400,293.28 1.98 10.308 356 88.87 98.20 585 38.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16.501 - 17.000 1 65,903.52 0.33 10.950 356 100.00 100.00 619 19.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 11.750%
Maximum: 16.950%
Non-Zero Weighted Average: 14.397%
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 23 $2,888,382.80 14.30% 8.523% 355 87.03% 93.65% 647 42.04%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 68 17,316,731.17 85.70 8.397 356 83.26 93.54 613 42.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-Zero Minimum: 1.500%
Maximum: 1.500%
Non-Zero Weighted Average: 1.500%
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 23 $2,888,382.80 14.30% 8.523% 355 87.03% 93.65% 647 42.04%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1.500 68 17,316,731.17 85.70 8.397 356 83.26 93.54 613 42.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 23 $2,888,382.80 14.30% 8.523% 355 87.03% 93.65% 647 42.04%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
August, 2008 1 94,110.40 0.47 7.050 352 80.00 100.00 661 48.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September, 2008 1 438,323.07 2.17 9.125 353 80.00 80.00 600 45.21
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2008 3 1,089,994.24 5.39 8.178 354 83.27 100.00 588 46.77
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
November, 2008 3 664,999.02 3.29 9.272 355 84.58 100.00 571 44.78
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2008 26 6,260,685.43 30.99 8.593 356 82.01 97.36 618 41.24
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2009 20 5,255,422.41 26.01 7.925 357 83.82 89.32 611 44.35
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
October, 2009 1 313,525.14 1.55 9.875 354 80.00 80.00 596 32.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
December, 2009 8 1,498,521.77 7.42 8.402 356 87.82 93.58 622 40.84
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
January, 2010 5 1,701,149.69 8.42 8.545 357 83.22 91.48 632 41.44
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CA 16 $4,155,289.96 20.57% 8.084% 356 85.11% 95.80% 624 38.78%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
CO 1 532,083.24 2.63 6.850 356 75.00 100.00 665 43.71
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DC 1 404,879.95 2.00 9.400 356 90.00 100.00 617 44.57
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
FL 10 2,313,702.13 11.45 9.362 356 80.99 91.49 585 45.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
GA 2 158,906.17 0.79 9.175 356 84.00 100.00 667 40.68
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
HI 3 1,241,352.31 6.14 8.166 356 85.25 91.20 590 43.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ID 1 231,428.32 1.15 8.470 356 80.00 80.00 612 31.00
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IL 3 268,838.64 1.33 9.171 356 81.93 100.00 626 47.93
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IN 1 94,110.40 0.47 7.050 352 80.00 100.00 661 48.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MA 6 1,240,264.25 6.14 8.546 356 82.09 91.92 639 42.09
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MD 2 649,836.92 3.22 9.101 357 92.26 92.26 602 45.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
ME 1 79,818.98 0.40 7.450 357 44.44 44.44 525 23.86
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MI 1 71,989.29 0.36 10.400 357 90.00 90.00 576 40.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NC 1 65,903.52 0.33 10.950 356 100.00 100.00 619 19.22
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NE 1 79,634.33 0.39 9.300 356 95.00 95.00 601 37.13
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NJ 4 969,280.72 4.80 8.431 355 80.87 87.29 621 41.60
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NV 1 200,810.47 0.99 8.250 357 90.00 99.99 644 39.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NY 13 4,674,806.41 23.14 8.217 356 81.32 92.33 624 44.08
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
PA 3 386,302.31 1.91 6.969 357 90.71 100.00 644 40.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
RI 1 202,436.33 1.00 9.250 356 90.00 90.00 611 45.15
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SC 3 306,034.28 1.51 8.994 356 92.45 96.03 598 41.99
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TN 2 188,093.51 0.93 9.071 356 87.70 100.00 586 40.03
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TX 9 989,659.71 4.90 8.381 353 89.69 96.15 638 45.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
VA 2 327,615.12 1.62 7.310 357 80.00 100.00 650 50.11
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WA 1 189,848.99 0.94 9.650 356 90.00 100.00 562 34.50
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WI 2 182,187.71 0.90 8.427 356 87.09 91.28 581 49.79
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Number of States Represented: 26
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 2 $587,457.15 2.91% 9.863% 355 73.48% 89.33% 594 41.29%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Owner Occupied 89 19,617,656.82 97.09 8.372 356 84.11 93.69 619 42.59
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Single Family 62 $13,139,854.88 65.03% 8.503% 356 84.05% 93.37% 619 42.24%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Multi Family 19 5,511,511.02 27.28 8.150 356 82.57 92.19 615 44.06
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Condo 10 1,553,748.07 7.69 8.613 356 86.01 100.00 623 39.87
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 46 $10,091,340.95 49.94% 7.889% 356 84.15% 93.16% 614 43.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Limited Documentation 2 369,261.29 1.83 8.107 357 85.00 85.00 592 39.01
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Stated Documentation 43 9,744,511.73 48.23 8.971 356 83.39 94.29 623 41.64
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 28 $5,356,695.23 26.51% 8.738% 355 84.10% 91.96% 624 41.88%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12 18 5,304,289.99 26.25 8.050 356 84.28 92.29 622 43.92
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
24 36 7,880,100.49 39.00 8.555 356 82.86 94.88 606 42.20
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36 9 1,664,028.26 8.24 7.880 356 85.73 96.46 640 42.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 0 Months
Maximum: 36 Months
Non-Zero Weighted Average: 21 Months
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
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1 75 $19,145,274.33 94.75% 8.282% 356 82.91% 93.21% 616 42.92%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2 16 1,059,839.64 5.25 10.825 352 99.93 99.93 647 35.97
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 1 $79,818.98 0.40% 7.450% 357 44.44% 44.44% 525 23.86%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
526 - 550 2 663,659.09 3.28 8.780 355 86.29 100.00 532 47.76
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
551 - 575 12 2,446,726.41 12.11 9.192 356 80.65 91.46 559 40.56
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
576 - 600 13 2,945,305.75 14.58 9.236 356 83.41 92.25 593 44.29
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
601 - 625 19 4,887,105.88 24.19 8.219 356 86.11 88.25 614 43.65
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
626 - 650 24 5,271,898.10 26.09 8.263 356 84.19 95.91 641 41.34
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
651 - 675 16 3,444,664.56 17.05 7.721 356 82.83 99.12 662 41.17
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
676 - 700 4 465,935.20 2.31 7.703 357 84.63 100.00 687 50.39
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 525
Maximum: 692
Weighted Average: 618
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 4 $560,371.85 2.77% 9.969% 356 91.36% 100.00% 590 14.58%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20.00 - 24.99 3 204,598.87 1.01 9.340 356 78.32 78.32 600 22.85
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
25.00 - 29.99 4 319,931.04 1.58 9.735 356 84.82 88.89 627 26.42
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
30.00 - 34.99 9 1,890,334.99 9.36 8.285 356 84.04 90.41 611 33.37
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
35.00 - 39.99 10 2,677,339.25 13.25 8.047 356 82.85 97.16 637 37.72
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
40.00 - 44.99 19 4,911,199.19 24.31 8.579 356 84.43 96.64 623 42.83
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
45.00 - 49.99 35 8,386,048.59 41.50 8.191 356 83.75 90.47 614 47.55
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
50.00 - 54.99 7 1,255,290.19 6.21 9.075 356 80.59 100.00 606 52.07
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total: 91 $20,205,113.97 100.00% 8.415% 356 83.80% 93.56% 618 42.56%
- -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Minimum: 5.02%
Maximum: 54.61%
Weighted Average: 42.56%