THE MORTGAGE POOL
Mortgage Loan Programs
Loan Programs | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | |||||||||||||||||
15YR FIXED | $ | 6,637,054.50 | 23 | 0.92 | % | $ | 288,567.59 | 6.314 | % | 180 | 723 | 57.43 | % | ||||||||||||
15YR FIXED IO | 127,000.00 | 1 | 0.02 | 127,000.00 | 11.550 | 176 | 687 | 100.00 | |||||||||||||||||
20YR FIXED | 74,717.88 | 1 | 0.01 | 74,717.88 | 12.650 | 236 | 729 | 95.00 | |||||||||||||||||
25YR FIXED | 459,397.60 | 1 | 0.06 | 459,397.60 | 6.625 | 299 | 775 | 59.06 | |||||||||||||||||
30YR FIXED | 80,061,872.33 | 241 | 11.13 | 332,206.94 | 6.398 | 359 | 730 | 65.66 | |||||||||||||||||
30YR FIXED IO | 63,084,868.26 | 194 | 8.77 | 325,179.73 | 6.625 | 359 | 721 | 67.61 | |||||||||||||||||
30/15 FIXED BAL | 22,526,032.77 | 309 | 3.13 | 72,899.78 | 12.392 | 178 | 679 | 95.69 | |||||||||||||||||
30/15 FIXED BAL IO | 548,149.71 | 7 | 0.08 | 78,307.10 | 12.548 | 178 | 707 | 96.20 | |||||||||||||||||
40/30 FIXED BAL | 8,242,567.10 | 24 | 1.15 | 343,440.30 | 6.843 | 360 | 683 | 75.04 | |||||||||||||||||
2/6 LIBOR | 2,682,657.90 | 11 | 0.37 | 243,877.99 | 8.412 | 359 | 650 | 81.31 | |||||||||||||||||
2/6 LIBOR 40/30 BAL | 2,870,303.97 | 10 | 0.40 | 287,030.40 | 9.155 | 359 | 635 | 87.34 | |||||||||||||||||
2/6 LIBOR IO | 2,018,800.00 | 7 | 0.28 | 288,400.00 | 7.321 | 359 | 680 | 76.07 | |||||||||||||||||
3/6 LIBOR | 2,910,409.67 | 9 | 0.40 | 323,378.85 | 6.706 | 359 | 689 | 71.53 | |||||||||||||||||
3/6 LIBOR 40/30 BAL | 4,017,375.74 | 13 | 0.56 | 309,028.90 | 7.544 | 359 | 676 | 87.37 | |||||||||||||||||
3/6 LIBOR IO | 27,360,050.00 | 67 | 3.80 | 408,358.96 | 6.207 | 359 | 730 | 69.50 | |||||||||||||||||
5/1 LIBOR IO | 897,580.00 | 2 | 0.12 | 448,790.00 | 6.872 | 358 | 653 | 72.17 | |||||||||||||||||
5/6 LIBOR | 57,047,877.89 | 211 | 7.93 | 270,369.09 | 7.519 | 359 | 696 | 78.64 | |||||||||||||||||
5/6 LIBOR 40/30 BAL | 22,683,131.73 | 86 | 3.15 | 263,757.35 | 7.698 | 359 | 682 | 86.13 | |||||||||||||||||
5/6 LIBOR IO | 391,946,699.12 | 1,094 | 54.48 | 358,269.38 | 6.875 | 360 | 704 | 75.36 | |||||||||||||||||
7/6 LIBOR | 5,524,816.55 | 17 | 0.77 | 324,989.21 | 6.845 | 360 | 722 | 67.89 | |||||||||||||||||
7/6 LIBOR 40/30 BAL | 298,199.45 | 1 | 0.04 | 298,199.45 | 6.750 | 358 | 760 | 80.00 | |||||||||||||||||
7/6 LIBOR IO | 16,966,819.31 | 45 | 2.36 | 377,040.43 | 6.488 | 360 | 719 | 68.97 | |||||||||||||||||
10/1 CMT IO | 500,931.27 | 1 | 0.07 | 500,931.27 | 6.625 | 358 | 799 | 50.10 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
7
Mortgage Loan Principal Balances Outstanding
Range of Mortgage Loan Principal Balances Outstanding ($) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | |||||||||||||||||
0.01 - 250,000.00 | $ | 161,473,843.93 | 1,129 | 22.44 | % | $ | 143,023.78 | 7.989 | % | 333 | 696 | 77.86 | % | ||||||||||||
250,000.01 - 300,000.00 | 65,828,052.80 | 237 | 9.15 | 277,755.50 | 6.889 | 358 | 703 | 72.86 | |||||||||||||||||
300,000.01 - 350,000.00 | 60,687,159.55 | 187 | 8.43 | 324,530.26 | 7.059 | 358 | 696 | 76.14 | |||||||||||||||||
350,000.01 - 400,000.00 | 59,074,390.65 | 157 | 8.21 | 376,270.00 | 6.940 | 356 | 705 | 75.20 | |||||||||||||||||
400,000.01 - 450,000.00 | 66,076,453.91 | 155 | 9.18 | 426,299.70 | 6.748 | 358 | 709 | 74.73 | |||||||||||||||||
450,000.01 - 500,000.00 | 85,770,133.33 | 180 | 11.92 | 476,500.74 | 6.742 | 358 | 712 | 75.13 | |||||||||||||||||
500,000.01 - 550,000.00 | 49,413,815.73 | 94 | 6.87 | 525,678.89 | 6.658 | 360 | 715 | 72.97 | |||||||||||||||||
550,000.01 - 600,000.00 | 39,355,492.01 | 68 | 5.47 | 578,757.24 | 6.675 | 357 | 716 | 70.26 | |||||||||||||||||
600,000.01 - 650,000.00 | 26,545,580.03 | 42 | 3.69 | 632,037.62 | 6.445 | 355 | 725 | 71.45 | |||||||||||||||||
650,000.01 - 700,000.00 | 19,698,118.36 | 29 | 2.74 | 679,245.46 | 6.473 | 353 | 714 | 71.12 | |||||||||||||||||
700,000.01 - 750,000.00 | 24,267,130.12 | 33 | 3.37 | 735,367.58 | 6.685 | 360 | 710 | 72.17 | |||||||||||||||||
750,000.01 - 800,000.00 | 7,846,906.24 | 10 | 1.09 | 784,690.62 | 6.829 | 360 | 727 | 69.07 | |||||||||||||||||
800,000.01 - 850,000.00 | 9,180,417.16 | 11 | 1.28 | 834,583.38 | 6.536 | 359 | 720 | 72.35 | |||||||||||||||||
850,000.01 - 900,000.00 | 14,057,582.00 | 16 | 1.95 | 878,598.88 | 6.249 | 349 | 719 | 70.73 | |||||||||||||||||
900,000.01 - 950,000.00 | 5,635,500.00 | 6 | 0.78 | 939,250.00 | 6.915 | 360 | 725 | 71.75 | |||||||||||||||||
950,000.01 - 1,000,000.00 | 11,783,981.62 | 12 | 1.64 | 981,998.47 | 6.687 | 359 | 726 | 64.02 | |||||||||||||||||
1,000,000.01 - 1,050,000.00 | 1,031,800.00 | 1 | 0.14 | 1,031,800.00 | 6.375 | 360 | 663 | 76.43 | |||||||||||||||||
1,050,000.01 - 1,150,000.00 | 3,369,035.70 | 3 | 0.47 | 1,123,011.90 | 6.875 | 360 | 686 | 76.66 | |||||||||||||||||
1,200,000.01 - 1,300,000.00 | 1,225,000.00 | 1 | 0.17 | 1,225,000.00 | 6.750 | 360 | 661 | 69.01 | |||||||||||||||||
1,300,000.01 - 1,400,000.00 | 1,327,819.61 | 1 | 0.18 | 1,327,819.61 | 7.000 | 358 | 665 | 70.00 | |||||||||||||||||
1,800,000.01 + | 5,839,100.00 | 3 | 0.81 | 1,946,366.67 | 6.088 | 359 | 732 | 66.81 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
Original Loan-to-Value Ratios
Range of Original Loan-to-Value Ratios (%) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | |||||||||||||||||
10.01 - 15.00 | $ | 76,732.40 | 1 | 0.01 | % | $ | 76,732.40 | 5.875 | % | 179 | 663 | 14.00 | % | ||||||||||||
15.01 - 20.00 | 198,000.00 | 2 | 0.03 | 99,000.00 | 7.003 | 360 | 696 | 16.98 | |||||||||||||||||
20.01 - 25.00 | 1,935,300.74 | 10 | 0.27 | 193,530.07 | 6.254 | 331 | 701 | 22.25 | |||||||||||||||||
25.01 - 30.00 | 4,727,367.88 | 15 | 0.66 | 315,157.86 | 6.074 | 354 | 748 | 28.18 | |||||||||||||||||
30.01 - 35.00 | 5,752,669.92 | 22 | 0.80 | 261,485.00 | 6.061 | 341 | 759 | 33.09 | |||||||||||||||||
35.01 - 40.00 | 7,921,705.38 | 27 | 1.10 | 293,396.50 | 6.121 | 357 | 750 | 38.10 | |||||||||||||||||
40.01 - 45.00 | 9,218,492.80 | 27 | 1.28 | 341,425.66 | 6.064 | 354 | 727 | 42.77 | |||||||||||||||||
45.01 - 50.00 | 15,733,600.74 | 51 | 2.19 | 308,501.98 | 6.206 | 346 | 730 | 47.86 | |||||||||||||||||
50.01 - 55.00 | 25,440,955.55 | 68 | 3.54 | 374,131.70 | 6.191 | 360 | 735 | 52.54 | |||||||||||||||||
55.01 - 60.00 | 36,282,995.55 | 96 | 5.04 | 377,947.87 | 6.139 | 355 | 728 | 58.18 | |||||||||||||||||
60.01 - 65.00 | 30,218,913.72 | 82 | 4.20 | 368,523.34 | 6.229 | 355 | 723 | 63.40 | |||||||||||||||||
65.01 - 70.00 | 93,154,222.66 | 242 | 12.95 | 384,934.80 | 6.376 | 358 | 714 | 68.84 | |||||||||||||||||
70.01 - 75.00 | 105,028,129.22 | 296 | 14.60 | 354,824.76 | 6.717 | 358 | 705 | 74.34 | |||||||||||||||||
75.01 - 80.00 | 268,141,139.89 | 761 | 37.27 | 352,353.67 | 6.936 | 359 | 700 | 79.65 | |||||||||||||||||
80.01 - 85.00 | 12,950,278.43 | 49 | 1.80 | 264,291.40 | 7.884 | 356 | 671 | 84.54 | |||||||||||||||||
85.01 - 90.00 | 38,168,039.85 | 194 | 5.30 | 196,742.47 | 8.797 | 341 | 690 | 89.75 | |||||||||||||||||
90.01 - 95.00 | 44,807,485.96 | 283 | 6.23 | 158,330.34 | 9.415 | 318 | 696 | 94.77 | |||||||||||||||||
95.01 + | 19,731,282.06 | 149 | 2.74 | 132,424.71 | 9.818 | 278 | 688 | 99.81 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
8
Mortgage Rates
Range of Mortgage Rates (%) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | |||||||||||||||||
5.000 - 5.499 | $ | 7,020,241.26 | 20 | 0.98 | % | $ | 351,012.06 | 5.348 | % | 342 | 747 | 63.07 | % | ||||||||||||
5.500 - 5.999 | 116,042,994.66 | 273 | 16.13 | 425,065.91 | 5.780 | 356 | 741 | 66.20 | |||||||||||||||||
6.000 - 6.499 | 178,622,596.87 | 469 | 24.83 | 380,858.42 | 6.221 | 358 | 723 | 67.13 | |||||||||||||||||
6.500 - 6.999 | 149,713,909.46 | 443 | 20.81 | 337,954.65 | 6.708 | 357 | 699 | 74.19 | |||||||||||||||||
7.000 - 7.499 | 81,836,393.88 | 248 | 11.37 | 329,985.46 | 7.185 | 359 | 693 | 78.57 | |||||||||||||||||
7.500 - 7.999 | 72,990,557.88 | 249 | 10.14 | 293,134.77 | 7.731 | 359 | 682 | 80.02 | |||||||||||||||||
8.000 - 8.499 | 42,361,901.48 | 158 | 5.89 | 268,113.30 | 8.205 | 359 | 686 | 83.07 | |||||||||||||||||
8.500 - 8.999 | 23,864,474.64 | 94 | 3.32 | 253,877.39 | 8.720 | 359 | 681 | 88.82 | |||||||||||||||||
9.000 - 9.499 | 6,476,931.46 | 27 | 0.90 | 239,886.35 | 9.153 | 357 | 680 | 90.06 | |||||||||||||||||
9.500 - 9.999 | 7,663,332.30 | 29 | 1.07 | 264,252.84 | 9.766 | 360 | 675 | 89.28 | |||||||||||||||||
10.000 - 10.499 | 2,977,427.47 | 13 | 0.41 | 229,032.88 | 10.210 | 331 | 680 | 91.86 | |||||||||||||||||
10.500 - 10.999 | 4,070,375.21 | 26 | 0.57 | 156,552.89 | 10.748 | 308 | 675 | 91.40 | |||||||||||||||||
11.000 - 11.499 | 2,956,559.32 | 23 | 0.41 | 128,546.06 | 11.220 | 287 | 686 | 93.04 | |||||||||||||||||
11.500 - 11.999 | 5,452,525.03 | 58 | 0.76 | 94,009.05 | 11.777 | 229 | 675 | 95.62 | |||||||||||||||||
12.000 - 12.499 | 6,484,620.07 | 79 | 0.90 | 82,083.80 | 12.291 | 191 | 683 | 94.54 | |||||||||||||||||
12.500 - 12.999 | 6,439,462.67 | 89 | 0.90 | 72,353.51 | 12.732 | 187 | 666 | 95.64 | |||||||||||||||||
13.000 - 13.499 | 1,811,531.19 | 30 | 0.25 | 60,384.37 | 13.172 | 187 | 677 | 94.65 | |||||||||||||||||
13.500 - 13.999 | 1,521,621.15 | 29 | 0.21 | 52,469.69 | 13.685 | 177 | 676 | 94.80 | |||||||||||||||||
14.000 - 14.499 | 1,042,537.14 | 14 | 0.14 | 74,466.94 | 14.354 | 178 | 653 | 93.88 | |||||||||||||||||
14.500 - 14.999 | 137,319.61 | 4 | 0.02 | 34,329.90 | 14.603 | 179 | 654 | 93.09 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
Types of Mortgaged Properties
Property Type | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | |||||||||||||||||
Two Family | $ | 36,590,582.56 | 131 | 5.09 | % | $ | 279,317.42 | 7.653 | % | 343 | 699 | 75.30 | % | ||||||||||||
Three Family | 15,047,850.79 | 49 | 2.09 | 307,099.00 | 7.930 | 335 | 717 | 74.06 | |||||||||||||||||
Four Family | 8,129,013.00 | 27 | 1.13 | 301,074.56 | 8.508 | 341 | 721 | 78.62 | |||||||||||||||||
Condominium | 66,517,190.49 | 309 | 9.25 | 215,265.99 | 7.390 | 349 | 704 | 77.82 | |||||||||||||||||
Planned Unit Development (detached) | 77,487,280.11 | 215 | 10.77 | 360,405.95 | 6.777 | 355 | 721 | 73.43 | |||||||||||||||||
Hi Rise Condo | 9,856,019.05 | 36 | 1.37 | 273,778.31 | 7.633 | 342 | 717 | 76.10 | |||||||||||||||||
Planned Unit Development (attached) | 45,079,546.20 | 165 | 6.27 | 273,209.37 | 7.395 | 355 | 697 | 79.94 | |||||||||||||||||
Single Family Residence | 458,698,092.81 | 1,430 | 63.75 | 320,767.90 | 6.868 | 353 | 706 | 73.27 | |||||||||||||||||
Townhouse | 2,081,737.74 | 13 | 0.29 | 160,133.67 | 7.993 | 323 | 694 | 77.65 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
9
Occupancy Types(1)
Occupancy Type | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | |||||||||||||||||
Investor | $ | 143,836,359.17 | 701 | 19.99 | % | $ | 205,187.39 | 7.710 | % | 345 | 710 | 74.57 | % | ||||||||||||
Owner Occupied | 552,864,335.88 | 1,592 | 76.84 | 347,276.59 | 6.849 | 354 | 706 | 74.24 | |||||||||||||||||
Second Home | 22,786,617.70 | 82 | 3.17 | 277,885.58 | 7.245 | 356 | 719 | 75.88 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
(1) | Based on representations by the Mortgagors at the time of origination of the Mortgage Loans. |
Loan Purposes
Loan Purpose | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | |||||||||||||||||
Refinance - Cashout | $ | 278,677,438.09 | 921 | 38.73 | % | $ | 302,581.37 | 6.897 | % | 353 | 702 | 70.20 | % | ||||||||||||
Purchase | 255,956,805.88 | 974 | 35.57 | 262,789.33 | 7.598 | 348 | 706 | 81.70 | |||||||||||||||||
Refinance - No Cashout | 184,853,068.78 | 480 | 25.69 | 385,110.56 | 6.458 | 355 | 715 | 70.44 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
Loan Documentation Types
Loan Documentation Type | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | |||||||||||||||||
Alternative | $ | ,290,663.01 | 6 | 0.32 | % | $ | 381,777.17 | 7.192 | % | 359 | 746 | 79.26 | % | ||||||||||||
Express No Doc | 27,997,014.78 | 118 | 3.89 | 237,262.84 | 7.524 | 358 | 701 | 76.63 | |||||||||||||||||
Express No Doc Verified Assets | 2,571,075.80 | 9 | 0.36 | 285,675.09 | 7.321 | 360 | 718 | 69.60 | |||||||||||||||||
Express Non-Verified Assets | 21,717,416.86 | 67 | 3.02 | 324,140.55 | 7.411 | 356 | 688 | 73.30 | |||||||||||||||||
Express Verified Assets | 87,448,476.00 | 278 | 12.15 | 314,562.86 | 7.274 | 357 | 696 | 79.33 | |||||||||||||||||
FISA | 1,019,994.86 | 6 | 0.14 | 169,999.14 | 6.693 | 360 | 689 | 58.19 | |||||||||||||||||
Full | 136,800,339.02 | 399 | 19.01 | 342,857.99 | 6.281 | 354 | 735 | 69.74 | |||||||||||||||||
NINA | 315,400.00 | 1 | 0.04 | 315,400.00 | 10.125 | 359 | 638 | 95.00 | |||||||||||||||||
SISA | 49,709,069.94 | 168 | 6.91 | 295,887.32 | 7.205 | 359 | 696 | 74.85 | |||||||||||||||||
Stated | 389,617,862.48 | 1,323 | 54.15 | 294,495.74 | 7.162 | 348 | 702 | 74.72 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
10
Remaining Terms to Stated Maturity
Range of Remaining Terms (months) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | |||||||||||||||||
121 - 180 | $ | 29,838,236.98 | 340 | 4.15 | % | $ | 87,759.52 | 11.039 | % | 178 | 689 | 87.21 | % | ||||||||||||
181 - 240 | 74,717.88 | 1 | 0.01 | 74,717.88 | 12.650 | 236 | 729 | 95.00 | |||||||||||||||||
241 - 360 | 689,574,357.89 | 2,034 | 95.84 | 339,023.77 | 6.860 | 359 | 708 | 73.80 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
Credit Bureau Risk Scores(1)
Range of Credit Bureau Risk Scores | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | |||||||||||||||||
0 - 500 | $ | 1,272,160.96 | 7 | 0.18 | % | $ | 181,737.28 | 7.569 | % | 359 | 0 | 71.07 | % | ||||||||||||
581 - 600 | 666,663.69 | 3 | 0.09 | 222,221.23 | 8.181 | 355 | 593 | 80.35 | |||||||||||||||||
601 - 620 | 10,249,056.63 | 40 | 1.42 | 256,226.42 | 7.969 | 357 | 613 | 74.53 | |||||||||||||||||
621 - 640 | 52,031,220.68 | 199 | 7.23 | 261,463.42 | 7.638 | 353 | 631 | 76.98 | |||||||||||||||||
641 - 660 | 74,032,170.63 | 306 | 10.29 | 241,935.20 | 7.765 | 348 | 650 | 77.23 | |||||||||||||||||
661 - 680 | 89,340,230.78 | 320 | 12.42 | 279,188.22 | 7.613 | 346 | 670 | 78.86 | |||||||||||||||||
681 - 700 | 122,404,946.07 | 399 | 17.01 | 306,779.31 | 7.090 | 349 | 690 | 77.43 | |||||||||||||||||
701 - 720 | 102,354,220.13 | 319 | 14.23 | 320,859.62 | 6.848 | 354 | 709 | 74.64 | |||||||||||||||||
721 - 740 | 74,918,241.35 | 237 | 10.41 | 316,110.72 | 6.812 | 352 | 730 | 74.55 | |||||||||||||||||
741 - 760 | 62,283,925.38 | 203 | 8.66 | 306,817.37 | 6.656 | 356 | 751 | 71.31 | |||||||||||||||||
761 - 780 | 70,032,779.53 | 180 | 9.73 | 389,071.00 | 6.363 | 357 | 772 | 67.29 | |||||||||||||||||
781 - 800 | 43,534,392.50 | 119 | 6.05 | 365,835.23 | 6.197 | 358 | 790 | 65.91 | |||||||||||||||||
801 + | 16,367,304.42 | 43 | 2.27 | 380,634.99 | 6.252 | 354 | 805 | 66.92 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
______________________
(1) | The Credit Bureau Risk Scores referenced in this table with respect to substantially all of the Mortgage Loans were obtained by the respective originators from one or more credit reporting agencies, and were determined at the time of origination. |
11
Gross Margins
Range of Gross Margins (%) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | |||||||||||||||||
2.250 - 2.499 | $ | 6,614,668.29 | 20 | 0.92 | % | $ | 330,733.41 | 7.238 | % | 359 | 696 | 74.22 | % | ||||||||||||
2.500 - 2.749 | 22,481,168.16 | 63 | 3.12 | 356,843.94 | 6.785 | 359 | 696 | 75.24 | |||||||||||||||||
2.750 - 2.999 | 51,475,182.36 | 160 | 7.15 | 321,719.89 | 6.947 | 359 | 694 | 78.07 | |||||||||||||||||
3.000 - 3.249 | 290,585,491.94 | 778 | 40.39 | 373,503.20 | 6.556 | 360 | 712 | 71.71 | |||||||||||||||||
3.250 - 3.499 | 1,738,899.09 | 7 | 0.24 | 248,414.16 | 7.110 | 359 | 729 | 83.65 | |||||||||||||||||
3.500 - 3.749 | 29,340,267.70 | 92 | 4.08 | 318,915.95 | 7.296 | 359 | 718 | 80.91 | |||||||||||||||||
3.750 - 3.999 | 44,626,423.72 | 139 | 6.20 | 321,053.41 | 7.147 | 360 | 701 | 81.83 | |||||||||||||||||
4.000 - 4.249 | 20,871,032.60 | 71 | 2.90 | 293,958.21 | 8.543 | 360 | 676 | 90.96 | |||||||||||||||||
4.250 - 4.499 | 3,103,590.00 | 13 | 0.43 | 238,737.69 | 9.253 | 360 | 641 | 90.56 | |||||||||||||||||
4.500 - 4.749 | 2,831,535.27 | 10 | 0.39 | 283,153.53 | 8.262 | 359 | 679 | 81.87 | |||||||||||||||||
4.750 - 4.999 | 538,750.00 | 2 | 0.07 | 269,375.00 | 9.227 | 360 | 636 | 92.13 | |||||||||||||||||
5.000 - 5.249 | 51,693,031.35 | 180 | 7.18 | 287,183.51 | 7.714 | 359 | 687 | 78.86 | |||||||||||||||||
5.250 - 5.499 | 704,000.00 | 2 | 0.10 | 352,000.00 | 6.566 | 360 | 708 | 80.00 | |||||||||||||||||
5.500 - 5.749 | 3,946,000.70 | 14 | 0.55 | 281,857.19 | 8.798 | 359 | 628 | 85.77 | |||||||||||||||||
5.750 - 5.999 | 687,393.00 | 2 | 0.10 | 343,696.50 | 5.811 | 359 | 783 | 66.43 | |||||||||||||||||
6.000 - 6.249 | 501,500.00 | 2 | 0.07 | 250,750.00 | 7.996 | 360 | 647 | 65.90 | |||||||||||||||||
6.250 - 6.499 | 224,696.23 | 1 | 0.03 | 224,696.23 | 9.800 | 359 | 673 | 84.99 | |||||||||||||||||
6.500 - 6.749 | 4,687,793.62 | 14 | 0.65 | 334,842.40 | 8.335 | 359 | 650 | 83.29 | |||||||||||||||||
6.750 - 6.999 | 454,500.00 | 1 | 0.06 | 454,500.00 | 7.950 | 360 | 691 | 90.00 | |||||||||||||||||
7.000 - 7.249 | 383,836.36 | 2 | 0.05 | 191,918.18 | 9.438 | 358 | 640 | 80.00 | |||||||||||||||||
7.500 - 7.749 | 235,892.21 | 1 | 0.03 | 235,892.21 | 9.850 | 359 | 613 | 80.00 | |||||||||||||||||
FIXED | 181,761,660.15 | 801 | 25.26 | 226,918.43 | 7.262 | 329 | 718 | 70.29 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
12
Geographic Distribution
Geographic Distribution | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | |||||||||||||||||
Alabama | $ | 1,057,211.47 | 7 | 0.15 | % | $ | 151,030.21 | 8.025 | % | 325 | 769 | 87.64 | % | ||||||||||||
Arizona | 19,473,308.87 | 83 | 2.71 | 234,618.18 | 7.582 | 352 | 700 | 76.64 | |||||||||||||||||
Arkansas | 1,252,210.00 | 4 | 0.17 | 313,052.50 | 9.463 | 360 | 708 | 86.29 | |||||||||||||||||
California | 412,448,849.70 | 1,109 | 57.33 | 371,910.59 | 6.651 | 354 | 712 | 71.41 | |||||||||||||||||
Colorado | 15,395,684.20 | 58 | 2.14 | 265,442.83 | 6.889 | 352 | 730 | 73.08 | |||||||||||||||||
Connecticut | 9,509,747.85 | 22 | 1.32 | 432,261.27 | 7.103 | 360 | 716 | 76.98 | |||||||||||||||||
Delaware | 299,974.75 | 2 | 0.04 | 149,987.38 | 7.544 | 331 | 741 | 82.40 | |||||||||||||||||
District of Columbia | 585,480.00 | 2 | 0.08 | 292,740.00 | 8.245 | 360 | 676 | 81.74 | |||||||||||||||||
Florida | 96,013,586.98 | 417 | 13.34 | 230,248.41 | 7.735 | 351 | 690 | 79.46 | |||||||||||||||||
Georgia | 3,820,327.50 | 20 | 0.53 | 191,016.38 | 7.879 | 358 | 680 | 90.06 | |||||||||||||||||
Hawaii | 18,418,498.68 | 45 | 2.56 | 409,299.97 | 6.796 | 355 | 692 | 73.22 | |||||||||||||||||
Idaho | 1,326,007.13 | 6 | 0.18 | 221,001.19 | 7.041 | 350 | 739 | 80.90 | |||||||||||||||||
Illinois | 17,215,360.78 | 79 | 2.39 | 217,915.96 | 8.298 | 347 | 694 | 82.33 | |||||||||||||||||
Indiana | 1,940,657.28 | 10 | 0.27 | 194,065.73 | 9.140 | 359 | 677 | 88.67 | |||||||||||||||||
Kentucky | 149,000.00 | 1 | 0.02 | 149,000.00 | 7.500 | 360 | 694 | 100.00 | |||||||||||||||||
Louisiana | 160,000.00 | 1 | 0.02 | 160,000.00 | 7.370 | 360 | 790 | 80.00 | |||||||||||||||||
Maine | 257,325.00 | 3 | 0.04 | 85,775.00 | 7.535 | 360 | 714 | 77.54 | |||||||||||||||||
Maryland | 12,568,285.48 | 50 | 1.75 | 251,365.71 | 7.425 | 347 | 700 | 79.59 | |||||||||||||||||
Massachusetts | 4,071,173.16 | 13 | 0.57 | 313,167.17 | 7.667 | 359 | 688 | 74.27 | |||||||||||||||||
Michigan | 2,850,631.26 | 17 | 0.40 | 167,684.19 | 7.534 | 355 | 681 | 76.71 | |||||||||||||||||
Minnesota | 3,739,221.98 | 23 | 0.52 | 162,574.87 | 8.174 | 338 | 715 | 84.37 | |||||||||||||||||
Mississippi | 278,150.00 | 2 | 0.04 | 139,075.00 | 6.625 | 360 | 726 | 74.99 | |||||||||||||||||
Missouri | 869,926.48 | 5 | 0.12 | 173,985.30 | 7.009 | 342 | 738 | 76.81 | |||||||||||||||||
Montana | 480,612.51 | 2 | 0.07 | 240,306.26 | 7.131 | 359 | 704 | 80.00 | |||||||||||||||||
Nevada | 13,220,581.84 | 58 | 1.84 | 227,941.07 | 7.454 | 351 | 687 | 78.14 | |||||||||||||||||
New Hampshire | 656,098.02 | 3 | 0.09 | 218,699.34 | 7.488 | 357 | 694 | 78.37 | |||||||||||||||||
New Jersey | 11,907,067.97 | 41 | 1.65 | 290,416.29 | 7.558 | 351 | 695 | 76.80 | |||||||||||||||||
New Mexico | 277,450.00 | 2 | 0.04 | 138,725.00 | 8.246 | 360 | 728 | 77.91 | |||||||||||||||||
New York | 16,941,775.62 | 51 | 2.35 | 332,191.68 | 8.035 | 330 | 699 | 78.41 | |||||||||||||||||
North Carolina | 2,227,081.94 | 15 | 0.31 | 148,472.13 | 7.436 | 359 | 700 | 83.04 | |||||||||||||||||
Ohio | 89,980.71 | 2 | 0.01 | 44,990.36 | 9.713 | 307 | 697 | 99.56 | |||||||||||||||||
Oklahoma | 29,683.70 | 1 | 0.00 | 29,683.70 | 12.425 | 178 | 707 | 95.00 | |||||||||||||||||
Oregon | 3,018,386.13 | 15 | 0.42 | 201,225.74 | 7.156 | 357 | 710 | 75.90 | |||||||||||||||||
Pennsylvania | 2,891,111.20 | 16 | 0.40 | 180,694.45 | 7.402 | 356 | 694 | 77.58 | |||||||||||||||||
Rhode Island | 722,725.31 | 7 | 0.10 | 103,246.47 | 9.730 | 275 | 694 | 92.41 | |||||||||||||||||
South Carolina | 2,090,880.47 | 15 | 0.29 | 139,392.03 | 7.645 | 348 | 673 | 72.56 | |||||||||||||||||
South Dakota | 19,994.88 | 1 | 0.00 | 19,994.88 | 12.500 | 179 | 721 | 94.97 | |||||||||||||||||
Tennessee | 752,624.80 | 4 | 0.10 | 188,156.20 | 7.030 | 360 | 735 | 78.93 | |||||||||||||||||
Texas | 5,825,727.17 | 27 | 0.81 | 215,767.67 | 6.980 | 349 | 742 | 73.75 | |||||||||||||||||
Utah | 4,885,971.60 | 25 | 0.68 | 195,438.86 | 7.391 | 356 | 714 | 79.22 | |||||||||||||||||
Virginia | 11,326,560.63 | 50 | 1.57 | 226,531.21 | 7.763 | 340 | 703 | 79.31 | |||||||||||||||||
Washington | 17,678,505.19 | 58 | 2.46 | 304,801.81 | 6.634 | 350 | 715 | 75.56 | |||||||||||||||||
Wisconsin | 643,400.00 | 2 | 0.09 | 321,700.00 | 7.375 | 359 | 737 | 86.42 | |||||||||||||||||
Wyoming | 100,474.51 | 1 | 0.01 | 100,474.51 | 8.375 | 359 | 752 | 72.90 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
13
Next Rate Adjustment Dates
Next Rate Adjustment Date | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | |||||||||||||||||
January 2009 | $ | 419,140.29 | 1 | 0.06 | % | $ | 419,140.29 | 7.950 | % | 357 | 658 | 76.36 | % | ||||||||||||
February 2009 | 247,893.33 | 1 | 0.03 | 247,893.33 | 8.990 | 358 | 652 | 80.00 | |||||||||||||||||
March 2009 | 4,822,828.25 | 20 | 0.67 | 241,141.41 | 8.503 | 359 | 638 | 82.03 | |||||||||||||||||
April 2009 | 2,081,900.00 | 6 | 0.29 | 346,983.33 | 8.191 | 360 | 685 | 84.02 | |||||||||||||||||
July 2009 | 322,301.29 | 1 | 0.04 | 322,301.29 | 8.700 | 351 | 598 | 95.00 | |||||||||||||||||
January 2010 | 204,750.00 | 1 | 0.03 | 204,750.00 | 6.625 | 357 | 753 | 61.49 | |||||||||||||||||
February 2010 | 1,544,200.00 | 4 | 0.21 | 386,050.00 | 6.331 | 358 | 733 | 62.66 | |||||||||||||||||
March 2010 | 17,787,429.12 | 42 | 2.47 | 423,510.22 | 6.550 | 359 | 713 | 74.45 | |||||||||||||||||
April 2010 | 13,101,050.00 | 39 | 1.82 | 335,924.36 | 6.225 | 360 | 723 | 69.03 | |||||||||||||||||
May 2010 | 1,623,000.00 | 3 | 0.23 | 541,000.00 | 5.875 | 360 | 776 | 74.83 | |||||||||||||||||
December 2011 | 3,647,374.82 | 12 | 0.51 | 303,947.90 | 7.557 | 356 | 681 | 79.32 | |||||||||||||||||
January 2012 | 7,047,920.61 | 23 | 0.98 | 306,431.33 | 7.263 | 357 | 667 | 79.14 | |||||||||||||||||
February 2012 | 16,757,465.33 | 44 | 2.33 | 380,851.48 | 7.057 | 358 | 687 | 75.46 | |||||||||||||||||
March 2012 | 153,162,417.51 | 473 | 21.29 | 323,810.61 | 6.984 | 359 | 702 | 76.79 | |||||||||||||||||
April 2012 | 239,738,581.47 | 688 | 33.32 | 348,457.24 | 6.883 | 360 | 703 | 75.42 | |||||||||||||||||
May 2012 | 51,926,634.00 | 152 | 7.22 | 341,622.59 | 7.425 | 360 | 704 | 78.22 | |||||||||||||||||
January 2014 | 400,283.26 | 1 | 0.06 | 400,283.26 | 7.000 | 357 | 702 | 80.00 | |||||||||||||||||
February 2014 | 787,329.76 | 3 | 0.11 | 262,443.25 | 6.484 | 358 | 741 | 78.42 | |||||||||||||||||
March 2014 | 6,240,153.13 | 16 | 0.87 | 390,009.57 | 6.471 | 359 | 709 | 70.97 | |||||||||||||||||
April 2014 | 14,231,569.16 | 40 | 1.98 | 355,789.23 | 6.380 | 360 | 730 | 65.66 | |||||||||||||||||
May 2014 | 1,130,500.00 | 3 | 0.16 | 376,833.33 | 9.573 | 360 | 664 | 86.67 | |||||||||||||||||
February 2017 | 500,931.27 | 1 | 0.07 | 500,931.27 | 6.625 | 358 | 799 | 50.10 | |||||||||||||||||
FIXED | 181,761,660.15 | 801 | 25.26 | 226,918.43 | 7.262 | 329 | 718 | 70.29 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
14
Maximum Mortgage Rates
Range of Maximum Mortgage Rates (%) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | |||||||||||||||||
10.500 - 10.999 | $ | 604,218.95 | 2 | 0.08 | % | $ | 302,109.48 | 5.933 | % | 360 | 733 | 62.85 | % | ||||||||||||
11.000 - 11.499 | 3,700,098.44 | 11 | 0.51 | 336,372.59 | 5.575 | 359 | 731 | 65.45 | |||||||||||||||||
11.500 - 11.999 | 95,741,691.06 | 234 | 13.31 | 409,152.53 | 5.852 | 360 | 734 | 68.26 | |||||||||||||||||
12.000 - 12.499 | 140,595,292.03 | 355 | 19.54 | 396,043.08 | 6.364 | 359 | 712 | 71.46 | |||||||||||||||||
12.500 - 12.999 | 122,475,768.05 | 366 | 17.02 | 334,633.25 | 6.902 | 359 | 691 | 76.30 | |||||||||||||||||
13.000 - 13.499 | 67,402,745.26 | 223 | 9.37 | 302,254.46 | 7.447 | 359 | 692 | 79.50 | |||||||||||||||||
13.500 - 13.999 | 41,809,679.44 | 140 | 5.81 | 298,640.57 | 7.757 | 360 | 685 | 80.95 | |||||||||||||||||
14.000 - 14.499 | 21,038,704.98 | 74 | 2.92 | 284,306.82 | 8.223 | 360 | 692 | 85.95 | |||||||||||||||||
14.500 - 14.999 | 22,400,599.38 | 83 | 3.11 | 269,886.74 | 8.739 | 359 | 680 | 89.09 | |||||||||||||||||
15.000 - 15.499 | 6,293,317.92 | 25 | 0.87 | 251,732.72 | 9.198 | 360 | 676 | 89.67 | |||||||||||||||||
15.500 - 15.999 | 7,167,166.24 | 27 | 1.00 | 265,450.60 | 9.758 | 360 | 675 | 89.07 | |||||||||||||||||
16.000 - 16.499 | 1,981,994.93 | 7 | 0.28 | 283,142.13 | 10.210 | 360 | 679 | 89.60 | |||||||||||||||||
16.500 - 16.999 | 2,848,695.30 | 11 | 0.40 | 258,972.30 | 10.754 | 360 | 664 | 88.60 | |||||||||||||||||
17.000 - 17.499 | 1,771,869.62 | 8 | 0.25 | 221,483.70 | 11.189 | 360 | 682 | 90.71 | |||||||||||||||||
17.500 - 17.999 | 1,448,491.00 | 6 | 0.20 | 241,415.17 | 11.797 | 360 | 651 | 91.15 | |||||||||||||||||
18.000 - 18.499 | 445,320.00 | 2 | 0.06 | 222,660.00 | 12.477 | 360 | 633 | 90.00 | |||||||||||||||||
FIXED | 181,761,660.15 | 801 | 25.26 | 226,918.43 | 7.262 | 329 | 718 | 70.29 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
Initial Periodic Rate Caps
Initial Periodic Rate Cap (%) | �� | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | ||||||||||||||||
1.000 | $ | 440,000.00 | 1 | 0.06 | % | $ | 440,000.00 | 7.000 | % | 358 | 658 | 80.00 | % | ||||||||||||
2.000 | 500,000.00 | 1 | 0.07 | 500,000.00 | 5.875 | 357 | 660 | 71.43 | |||||||||||||||||
3.000 | 450,193,529.95 | 1,279 | 62.57 | 351,988.69 | 6.841 | 360 | 706 | 74.55 | |||||||||||||||||
5.000 | 44,432,709.17 | 131 | 6.18 | 339,180.99 | 7.503 | 359 | 687 | 77.57 | |||||||||||||||||
6.000 | 42,159,413.48 | 162 | 5.86 | 260,243.29 | 7.631 | 359 | 690 | 86.40 | |||||||||||||||||
FIXED | 181,761,660.15 | 801 | 25.26 | 226,918.43 | 7.262 | 329 | 718 | 70.29 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
15
Subsequent Periodic Rate Caps
Subsequent Periodic Rate Cap (%) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | |||||||||||||||||
1.000 | $ | 493,060,699.45 | 1,405 | 68.53 | % | $ | 350,932.88 | 6.899 | % | 360 | 704 | 74.85 | % | ||||||||||||
2.000 | 44,365,224.35 | 168 | 6.17 | 264,078.72 | 7.600 | 359 | 691 | 85.62 | |||||||||||||||||
3.000 | 299,728.80 | 1 | 0.04 | 299,728.80 | 6.500 | 360 | 672 | 60.61 | |||||||||||||||||
FIXED | 181,761,660.15 | 801 | 25.26 | 226,918.43 | 7.262 | 329 | 718 | 70.29 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
Original Prepayment Penalty Terms
Original Prepayment Penalty Term (months) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | |||||||||||||||||
NO | $ | 217,173,018.56 | 778 | 30.18 | % | $ | 279,142.70 | 7.360 | % | 349 | 713 | 74.43 | % | ||||||||||||
6 | 3,416,578.45 | 13 | 0.47 | 262,813.73 | 7.744 | 334 | 707 | 70.78 | |||||||||||||||||
12 | 97,738,574.75 | 288 | 13.58 | 339,370.05 | 6.946 | 353 | 706 | 74.42 | |||||||||||||||||
24 | 67,847,189.36 | 250 | 9.43 | 271,388.76 | 7.398 | 347 | 696 | 75.72 | |||||||||||||||||
36 | 330,607,851.63 | 1,038 | 45.95 | 318,504.67 | 6.763 | 355 | 705 | 74.02 | |||||||||||||||||
60 | 2,704,100.00 | 8 | 0.38 | 338,012.50 | 7.095 | 360 | 674 | 76.83 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
Months to Roll
Range of Months to Roll | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to- Value Ratio | |||||||||||||||||
0.01 - 24.99 | $ | 7,571,761.87 | 28 | 1.05 | % | $ | 270,420.07 | 8.403 | % | 359 | 653 | 82.20 | % | ||||||||||||
25.00 - 31.99 | 322,301.29 | 1 | 0.04 | 322,301.29 | 8.700 | 351 | 598 | 95.00 | |||||||||||||||||
32.00 - 49.99 | 34,260,429.12 | 89 | 4.76 | 384,948.64 | 6.385 | 359 | 721 | 71.79 | |||||||||||||||||
50.00 - 79.99 | 472,280,393.74 | 1,392 | 65.64 | 339,281.89 | 6.992 | 360 | 702 | 76.26 | |||||||||||||||||
80.00 + | 23,290,766.58 | 64 | 3.24 | 363,918.23 | 6.579 | 360 | 722 | 68.45 | |||||||||||||||||
FIXED | 181,761,660.15 | 801 | 25.26 | 226,918.43 | 7.262 | 329 | 718 | 70.29 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
16
Credit Grade Categories(1)
Credit Grade Category | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | |||||||||||||||||
A+ | $ | 411,562,103.00 | 1,233 | 57.20 | % | $ | 333,789.22 | 6.648 | % | 352 | 734 | 71.91 | % | ||||||||||||
A | 186,450,777.36 | 748 | 25.91 | 249,265.75 | 7.723 | 347 | 656 | 78.21 | |||||||||||||||||
A- | 7,689,569.21 | 29 | 1.07 | 265,157.56 | 8.093 | 357 | 613 | 76.40 | |||||||||||||||||
Progressive Express I | 81,052,297.13 | 260 | 11.27 | 311,739.60 | 7.114 | 357 | 718 | 76.59 | |||||||||||||||||
Progressive Express II | 31,298,859.65 | 98 | 4.35 | 319,376.12 | 7.500 | 359 | 650 | 77.70 | |||||||||||||||||
Progressive Express III | 1,433,706.40 | 7 | 0.20 | 204,815.20 | 7.552 | 360 | 612 | 65.69 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
________________
(1) | Although the Mortgage Loans were originated by various originators under differing underwriting guidelines, the Mortgage Loans loosely correspond to the Countrywide Home Loans credit grades shown in this table. See “—Underwriting Standards” in the prospectus supplement. |
Initial Fixed-Rate Periods
Initial Fixed Period (Months) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | |||||||||||||||||
24 | $ | 7,571,761.87 | 28 | 1.05 | % | $ | 270,420.07 | 8.403 | % | 359 | 653 | 82.20 | % | ||||||||||||
36 | 34,287,835.41 | 89 | 4.77 | 385,256.58 | 6.406 | 359 | 720 | 71.76 | |||||||||||||||||
60 | 472,575,288.74 | 1,393 | 65.68 | 339,250.03 | 6.992 | 360 | 702 | 76.27 | |||||||||||||||||
84 | 22,789,835.31 | 63 | 3.17 | 361,743.42 | 6.578 | 360 | 721 | 68.85 | |||||||||||||||||
120 | 500,931.27 | 1 | 0.07 | 500,931.27 | 6.625 | 358 | 799 | 50.10 | |||||||||||||||||
FIXED | 181,761,660.15 | 801 | 25.26 | 226,918.43 | 7.262 | 329 | 718 | 70.29 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
Debt-to-Income Ratios
Range of Debt-to-Income (%) | Aggregate Principal Balance Outstanding | Number of Loans | Percent of Aggregate Principal Balance Outstanding | Average Principal Balance Outstanding | Weighted Average Mortgage Rate | Weighted Average Remaining Term to Maturity (months) | Weighted Average Credit Score | Weighted Average Original Loan-to-Value Ratio | |||||||||||||||||
N/A | $ | 118,177,266.97 | 414 | 16.43 | % | $ | 285,452.34 | 7.458 | % | 357 | 696 | 78.48 | % | ||||||||||||
0.01 - 5.00 | 24,400,871.02 | 66 | 3.39 | 369,710.17 | 6.764 | 359 | 700 | 71.95 | |||||||||||||||||
5.01 - 10.00 | 1,408,000.00 | 5 | 0.20 | 281,600.00 | 6.767 | 360 | 686 | 46.47 | |||||||||||||||||
10.01 - 15.00 | 3,471,955.00 | 11 | 0.48 | 315,632.27 | 6.502 | 360 | 738 | 67.97 | |||||||||||||||||
15.01 - 20.00 | 12,563,687.22 | 45 | 1.75 | 279,193.05 | 6.585 | 357 | 718 | 64.11 | |||||||||||||||||
20.01 - 25.00 | 20,751,590.25 | 65 | 2.88 | 319,255.23 | 6.598 | 357 | 729 | 65.69 | |||||||||||||||||
25.01 - 30.00 | 45,510,612.12 | 146 | 6.33 | 311,716.52 | 6.598 | 355 | 724 | 69.20 | |||||||||||||||||
30.01 - 35.00 | 72,746,155.06 | 248 | 10.11 | 293,331.27 | 6.928 | 351 | 714 | 70.98 | |||||||||||||||||
35.01 - 40.00 | 111,997,913.96 | 362 | 15.57 | 309,386.50 | 6.868 | 350 | 714 | 73.45 | |||||||||||||||||
40.01 - 45.00 | 199,418,063.16 | 627 | 27.72 | 318,051.14 | 6.988 | 351 | 705 | 75.90 | |||||||||||||||||
45.01 - 50.00 | 97,735,593.19 | 348 | 13.58 | 280,849.41 | 7.390 | 345 | 696 | 77.77 | |||||||||||||||||
50.01 - 55.00 | 11,114,054.80 | 37 | 1.54 | 300,379.86 | 6.432 | 354 | 727 | 63.62 | |||||||||||||||||
55.00+ | 191,550.00 | 1 | 0.03 | 191,550.00 | 8.250 | 359 | 695 | 75.00 | |||||||||||||||||
Total/Avg./Wtd.Avg… | $ | 719,487,312.75 | 2,375 | 100.00 | % | $ | 302,942.03 | 7.034 | % | 352 | 707 | 74.35 | % |
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