PNMAC Mortgage Opportunity Fund N-CSRS/A Certified semi-annual shareholder report (management investment company) (amended)

As filed with the Securities and Exchange Commission on October 27, 2017

UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

811-22228

Investment Company Act file number

PNMAC Mortgage Opportunity Fund, LP(Exact name of registrant as specified in charter)

3043 Towngate Road

Westlake Village, California  91361
(Address of principal executive offices) (Zip code)

Derek W. Stark, Secretary

PNMAC MORTGAGE OPPORTUNITY FUND, LP

3043 Towngate Road

Westlake Village, California  91361(Name and address of agent for service)

Copies to:

Richard T. Prins, Esq.

Skadden, Arps, Slate, Meagher & Flom LLP

Four Times Square

New York, New York 10036

(818) 224-7050

Registrant's telephone number, including area code

Date of fiscal year end: December 31

Date of reporting period:  June 30, 2016

EXPLANATORY NOTE

The Registrant is filing this amendment to its Form N-CSR for the six months ended June 30, 2016, originally filed with the Securities and Exchange Commission on August 30, 2016. The purpose of this amendment is to include a detailed Schedule of Investments in Item 6 – Investments as of June 30, 2016 and updated certifications attached as Exhibit 99. Except as set forth above, this amendment does not amend, update or change any other items or disclosures found in the original Form N-CSR filing.

Item 1. Reports to Stockholders.
 

PNMAC Mortgage Opportunity Fund, LP

and Subsidiaries

Semi-Annual Report

As of and for the six months ended June 30, 2016

Financial Statements	Page
Consolidated Statement of Assets and Liabilities	2
Consolidated Summary Schedule of Investments	3
Consolidated Statement of Operations	5
Consolidated Statements of Changes in Partners’ Capital	6
Consolidated Statement of Cash Flows	7
Consolidated Financial Highlights	8
Notes to Consolidated Financial Statements	11
Additional Information	26

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Consolidated Statement of Assets and Liabilities

June 30, 2016 (Unaudited)

Assets:
Investments at fair value (cost $156,773,827)	$	183,193,040
Receivable from PennyMac Loan Services, LLC		15,069,356
Other assets		3,322,224
Total assets		201,584,620
Liabilities:
Asset-backed financing at fair value (proceeds $74,658,100)		74,672,306
Payable to PennyMac Loan Services, LLC		632,960
Accrued expenses		397,765
Payable to Investment Manager		230,215
Other liabilities		227,078
Total liabilities		76,160,324
Partners' capital	$	125,424,296
Partners' capital consists of:
Non-controlling Interest	$	23,727,735
General Partner		42,432,685
Limited Partner		59,263,876
Total partners' capital	$	125,424,296

The accompanying notes are an integral part of these financial statements.

2

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Consolidated Summary Schedule of Investments

June 30, 2016 (Unaudited)

INVESTMENTS - 146%*
INVESTMENTS IN NONAFFILIATES - 133%*
Description	Note interest rate			Maturity date	State	Principal amount			Fair value
Mortgage loans
Mortgage Loan ID#1000043954**		5.25	%	5/1/2037	FL	$	2,230,825		$	1,814,734
Mortgage Loan ID#1000043569**		3.13	%	9/1/2036	CA		1,506,793			1,335,097
Mortgage Loan ID#1000015063**		7.38	%	9/1/2036	FL		1,350,000			1,221,972
Mortgage Loan ID#1000028984**		3.00	%	6/1/2056	CA		1,348,206			1,003,727
Mortgage Loan ID#1000043880**		3.00	%	2/1/2035	OR		1,387,425			931,799
Mortgage Loan ID#1000002193		6.88	%	5/1/2037	DC		990,000			908,634
Mortgage Loan ID#1000015179**		4.25	%	10/1/2043	CT		873,780			731,823
Mortgage Loan ID#1000035099**		6.00	%	7/1/2037	NY		999,000			697,943
Mortgage Loan ID#1000016663**		6.88	%	5/1/2037	OR		799,863			693,208
Mortgage Loan ID#1000002189		5.13	%	8/1/2055	NY		1,019,114			660,827
Mortgage Loan ID#1000016006**		7.15	%	2/1/2037	NY		641,150			642,515
Mortgage Loan ID#1000029387**		8.25	%	6/1/2037	NY		600,000			630,000
Mortgage Loan ID#1000035343**		6.50	%	12/1/2043	CA		890,860			616,006
Mortgage Loan ID#1000043694**		3.38	%	3/1/2056	CT		771,808			611,182
Mortgage Loan ID#1000043772**		5.88	%	7/1/2037	FL		920,218			609,883
Mortgage Loan ID#1000015520**		8.00	%	11/1/2037	GA		1,000,000			606,217
Mortgage Loan ID#1000043744**		3.50	%	8/1/2055	CA		887,676	��		578,143
Mortgage Loan ID#1000034768**		3.25	%	4/1/2036	NY		644,039			576,158
Mortgage Loan ID#1000016833**		6.50	%	10/1/2037	NY		645,282			554,990
Mortgage Loan ID#1000002384		3.13	%	11/1/2045	DC		738,636			549,363
Mortgage Loan ID#1000001411		3.00	%	7/1/2047	CA		832,829			546,394
Mortgage Loan ID#1000026020**		4.00	%	6/1/2037	CA		550,425			546,311
Mortgage Loan ID#1000029315**		4.00	%	4/1/2037	CA		618,984			518,905
Mortgage Loan ID#1000026032**		4.00	%	12/1/2036	HI		420,101			509,686
Mortgage Loan ID#1000026795**		3.00	%	1/1/2049	CA		563,607			501,326
Mortgage Loan ID#1000000557**		6.90	%	3/1/2037	NJ		990,473			489,599
Mortgage Loan ID#1000026305**		5.88	%	10/1/2036	CA		594,045			487,151
Mortgage Loan ID#1000001651		3.00	%	5/1/2055	FL		1,439,522			477,797
Mortgage Loan ID#1000034934**		2.00	%	6/1/2054	NY		732,839			475,919
Mortgage Loan ID#1000026350**		6.50	%	4/1/2037	NY		719,176			475,591
Mortgage Loan ID#1000002404		3.44	%	9/1/2036	NY		755,396			474,784
Mortgage Loan ID#1000043559**		2.88	%	8/1/2045	VA		622,790			465,586
Mortgage Loan ID#1000043885**		5.50	%	12/1/2055	MA		519,033			454,464
Mortgage Loan ID#1000035850**		2.00	%	4/1/2055	NY		688,854			454,427
Mortgage Loan ID#1000038435**		5.38	%	2/1/2056	CA		526,418			454,133
Mortgage Loan ID#1000025998**		3.00	%	12/1/2053	CA		574,591			453,759
Mortgage Loan ID#1000002184		2.00	%	5/1/2054	NY		763,182			452,040
Mortgage Loan ID#1000002180		2.00	%	8/1/2055	NY		768,935			450,783
Mortgage Loan ID#1000000560**		6.80	%	1/1/2037	NY		613,522			449,690
Mortgage Loan ID#1000027234**		2.00	%	1/1/2050	NY		666,598			440,944
Other**							206,520,195			118,955,842
							240,726,190			144,509,352

(Continued)

The accompanying notes are an integral part of these financial statements.

3

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Consolidated Summary Schedule of Investments

June 30, 2016 (Unaudited)

		Principal		Fair
Description	State	amount		value
Real estate acquired in settlement of loans
Property ID#1000043536**	MN	$	860,000	$	845,000
Property ID#1000027733**	IL		573,920		640,000
Property ID#1000027525	NJ		554,549		620,000
Property ID#1000001643**	FL		621,672		610,000
Property ID#1000027182**	NV		649,095		598,000
Property ID#1000026843	CA		536,000		560,000
Property ID#1002229087**	GA		545,063		475,000
Property ID#1000043755	MN		478,088		475,000
Property ID#1000001655**	NY		648,000		455,000
Property ID#1000016184	NJ		440,000		450,000
Other**			21,684,550		17,011,776
			27,590,937		22,739,776
TOTAL INVESTMENTS IN NONAFFILIATES (Cost $140,829,915)			268,317,127		167,249,128

INVESTMENTS IN AFFILIATES - 13%*

Name of Issuer	Shares		Fair value
Short-Term Investment
BlackRock Liquidity Funds: TempFund Institutional Shares ^	$	15,943,912	$	15,943,912
TOTAL INVESTMENTS IN AFFILIATES (Cost $15,943,912)		15,943,912		15,943,912
TOTAL INVESTMENTS (Cost $156,773,827)			$	183,193,912

LIABILITIES - 60%*
Description	Note interest rate			Maturity date	Principal amount		Fair value
Asset-backed financing
PNMAC 2015-NPL1 A-1-144A ^		4.00	%	3/25/2055	$	74,765,763	$	74,672,306
TOTAL LIABILITIES (Proceeds $74,658,100)						74,765,763		74,672,306
Other assets in excess of other liabilities - 13%*								16,903,562
TOTAL PARTNERS' CAPITAL - 100%*							$	125,424,296

*     Percentages are stated as a percent of partners’ capital

**   Pledged as collateral for asset-backed financing, including $81,807,484 of $118,955,842 other mortgage loans and $13,174,890 of $17,011,776 other real estate acquired in settlement of loans (See Note 5)

^      Investment represents securities held or issued by related parties

        All investments are in the United States of America.

(Concluded)

The accompanying notes are an integral part of these financial statements.

4

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Consolidated Statement of Operations

For the Six Months ended June 30, 2016 (Unaudited)

Investment income
Interest from mortgage loans	$	14,000,858
Home Affordable Modification Program incentives		268,584
Dividends from related party-
BlackRock Liquidity Funds: Tempfund Institutional Shares		43,733
Other		20,704
Total investment income		14,333,879
Expenses:
Collection and liquidation expenses		2,668,210
Interest on asset-backed financing		1,646,281
Mortgage loan servicing fees to PennyMac Loan Services, LLC		1,092,960
Investment advisory fees to PennyMac Capital Management, LLC		485,783
Other mortgage loan servicing expenses		284,906
Professional fees		177,242
Directors' fees and expenses		141,105
Administration fees		112,908
Insurance		85,233
Custodian fees		30,919
Taxes		22,133
Trustee fees		21,672
Collateral valuation		17,606
Investment software licensing		13,970
Mortgage loan accounting fees		11,218
Registration fees		7,720
Total expenses before mortgage loan servicing fee rebate		6,819,866
Mortgage loan servicing fee rebate from PennyMac Loan Services, LLC		(148,183	)
Net expenses		6,671,683
Net investment income		7,662,196
Net realized loss and change in unrealized (loss) gain on investments and asset-backed financing:
Net realized loss on investments		(7,203,011	)
Net change in unrealized gain on investments		3,549,134
Net change in unrealized loss on asset-backed financing		(774,959	)
Net realized loss and change in unrealized (loss) gain on investments
and asset-backed financing		(4,428,836	)
Net increase in partners' capital resulting from operations		3,233,360
Less: increase in partners' capital resulting from operations attributable to
Non-controlling Interest		237,764
Net increase in partners' capital resulting from operations attributable to
General and Limited Partners	$	2,995,596

The accompanying notes are an integral part of these financial statements.

5

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Consolidated Statements of Changes in Partners’ Capital

For the Six Months ended June 30, 2016 and Year ended December 31, 2015 (Unaudited)

	Non-controlling			General			Limited
	Interest			Partner			Partner			Total
Partners' capital, January 1, 2015	$	26,764,463		$	40,772,973		$	228,041,135		$	295,578,571
Distributions		(4,478,266	)		-			(149,470,693	)		(153,948,959	)
Increase in partners' capital from operations:
Net investment income		5,490,685			140			9,456,412			14,947,237
Net realized (loss) gain on investments		(1,779,226	)		49			3,962,650			2,183,473
Net change in unrealized gain on investments		(1,077,359	)		(92	)		(7,472,362	)		(8,549,813	)
Net change in unrealized gain on asset-backed financing		-			9			760,744			760,753
Net change in Carried Interest		-			1,122,441			(1,122,441	)		-
Net increase in partners' capital from operations		2,634,100			1,122,547			5,585,003			9,341,650
Partners' capital, December 31, 2015		24,920,297			41,895,520			84,155,445			150,971,262
Distributions		(1,430,326	)		-			(27,350,000	)		(28,780,326	)
Increase in partners' capital from operations:
Net investment income		1,987,806			137			5,674,253			7,662,196
Net realized loss on investments		(541,368	)		(151	)		(6,661,492	)		(7,203,011	)
Net change in unrealized (loss) gain on investments		(1,208,674	)		108			4,757,700			3,549,134
Net change in unrealized loss on asset-backed financing		-			(18	)		(774,941	)		(774,959	)
Net change in Carried Interest		-			537,089			(537,089	)		-
Net increase in partners' capital from operations		237,764			537,165			2,458,431			3,233,360
Partners' capital, June 30, 2016	$	23,727,735		$	42,432,685		$	59,263,876		$	125,424,296

The accompanying notes are an integral part of these financial statements.

6

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Consolidated Statement of Cash Flows

For the Six Months ended June 30, 2016 (Unaudited)

Cash flows from operating activities:
Net increase in partners' capital resulting from operations	$	3,233,360
Adjustments to reconcile net increase in partners' capital resulting
from operations to net cash provided by operating activities:
Accrual of unearned discount on mortgage loans		(8,827,072	)
Capitalization of interest on mortgage loans		(3,564,595	)
Net realized loss on investments		7,203,011
Net change in unrealized gain on investments		(3,549,134	)
Net change in unrealized loss on asset-backed financing		774,959
Principal repayments on mortgage loans		5,171,519
Sales of real estate acquired in settlement of loans		14,306,698
Net change in short-term investment		27,287,262
Changes in other assets and liabilities:
Increase in receivable from PennyMac Loan Services, LLC		(547,042	)
Decrease in other assets		220,414
Decrease in payable to PennyMac Loan Services, LLC		(93,793	)
Decrease in accrued expenses		(17,374	)
Decrease in payable to Investment Manager		(87,069	)
Increase in other liabilities		1,233
Net cash provided by operating activities		41,512,377
Cash flows from financing activities:
Repayment of asset-backed financing		(12,732,051	)
Distributions to Non-controlling Interest		(1,430,326	)
Distributions to Limited Partner		(27,350,000	)
Net cash used in financing activities		(41,512,377	)
Net change in cash		-
Cash at beginning of period		-
Cash at end of period	$	-
Supplemental cash flow information:
Cash paid for interest on asset-backed financing	$	1,645,047

The accompanying notes are an integral part of these financial statements.

7

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Financial Highlights

As of and for the Six Months ended June 30, 2016 and Years ended December 31, 2015, 2014, 2013, and 2012 (Unaudited)

For the six months ended June 30, 2016
	General Partner (1)			Limited Partner			Total
Total Return (2)(3)
Before Carried Interest		3.49	%		5.04	%		5.04	%
Carried Interest (4)		1.31	%		-0.92	%		-
After Carried Interest		4.80	%		4.12	%		5.04	%
Internal rate of return (5)		285.92	%		9.81	%		11.27	%
Ratio of net investment income to weighted average partners capital (6)		12.37	%		18.82	%		18.82	%
Ratio of expenses to weighted average partners' capital (1)(6)		12.05	%		20.81	%		20.81	%
Carried Interest		-24,143.40	%		0.89	%		-
Ratio of expenses and carried interest to weighted average partners' capital		-24,131.35	%		21.70	%		20.81	%
Partners' capital, end of period	$	42,432,685		$	59,263,876		$	101,696,561
Portfolio turnover rate (3)								0.00	%
For the year ended December 31, 2015
	General Partner (1)			Limited Partner			Total
Total Return (2)
Before Carried Interest		5.09	%		5.43	%		5.43	%
Carried Interest (4)		2.70	%		-0.89	%		-
After Carried Interest		7.79	%		4.54	%		5.43	%
Internal rate of return (5)		322.00	%		9.83	%		11.36	%
Ratio of net investment income to weighted average
partners capital		6.55	%		7.49	%		7.49	%
Ratio of expenses to weighted average partners' capital (1)		6.29	%		10.09	%		10.09	%
Carried Interest		-52,330.73	%		0.89	%		-
Ratio of expenses and carried interest to weighted average partners' capital		-52,324.44	%		10.98	%		10.09	%
Partners' capital, end of year	$	41,895,520		$	84,155,445		$	126,050,965
Portfolio turnover rate								0.00	%

(Continued)

The accompanying notes are an integral part of these financial statements.

8

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Financial Highlights

As of and for the Six Months ended June 30, 2016 and Years ended December 31, 2015, 2014, 2013, and 2012 (Unaudited)

For the year ended December 31, 2014
	General			Limited
	Partner (1)			Partner			Total
Total Return (2)
Before Carried Interest		6.67	%		5.39	%		5.39	%
Carried Interest (4)		1.47	%		-0.36	%		-
After Carried Interest		8.14	%		5.03	%		5.39	%
Internal rate of return (5)		426.38	%		10.15	%		11.85	%
Ratio of net investment income to weighted average
partners capital		9.92	%		9.38	%		9.38	%
Ratio of expenses to weighted average partners' capital (1)		2.81	%		4.41	%		4.41	%
Carried Interest		-151,179.28	%		1.00	%		-
Ratio of expenses and carried interest to weighted average
partners' capital		-151,176.47	%		5.41	%		4.41	%
Partners' capital, end of year	$	40,772,973		$	228,041,135		$	268,814,108
Portfolio turnover rate								0.00	%
For the year ended December 31, 2013
	General			Limited
	Partner (1)			Partner			Total
Total Return (2)
Before Carried Interest		14.95	%		13.86	%		13.86	%
Carried Interest (4)		11.63	%		-1.40	%		-
After Carried Interest		26.58	%		12.46	%		13.86	%
Internal rate of return (5)		605.95	%		10.79	%		12.72	%
Ratio of net investment income to weighted average
partners capital		2.18	%		0.86	%		0.86	%
Ratio of expenses to weighted average partners' capital (1)		0.31	%		1.68	%		1.68	%
Carried Interest		-430,447.69	%		2.44	%		-
Ratio of expenses and carried interest to weighted average
partners' capital		-430,447.38	%		4.12	%		1.68	%
Partners' capital, end of year	$	37,704,608		$	304,323,367		$	342,027,975
Portfolio turnover rate								0.00	%

(Continued)

The accompanying notes are an integral part of these financial statements.

9

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Financial Highlights

As of and for the Six Months ended June 30, 2016 and Years ended December 31, 2015, 2014, 2013, and 2012 (Unaudited)

For the year ended December 31, 2012
	General			Limited
	Partner (1)			Partner			Total
Total Return (2)
Before Carried Interest		9.13	%		7.70	%		7.70	%
Carried Interest (3)		12.58	%		-0.97	%		-
After Carried Interest		21.71	%		6.73	%		7.70	%
Internal rate of return (4)		944.06	%		10.54	%		12.55	%
Ratio of net investment income to weighted average
partners capital		8.44	%		6.57	%		6.57	%
Ratio of expenses to weighted average partners' capital (1)		0.83	%		2.30	%		2.30	%
Carried Interest		-327,857.36	%		1.39	%		-
Ratio of expenses and carried interest to weighted average
partners' capital		-327,856.53	%		3.69	%		2.30	%
Partners' capital, end of year	$	29,786,420		$	331,483,559		$	361,269,979
Portfolio turnover rate								15.00	%

(1)   In accordance with the Limited Partnership Agreement of the Master Fund, not all expenses are allocated to the General Partner (see Note 8).

(2)   Total return is calculated for each partner class taken as a whole. An investor’s return may vary from these returns based on different fee arrangements (as applicable) and the timing of capital transactions. 

(3)   The Carried Interest is allocated (and subsequently distributed) by the Master Fund to the General Partner as allocable shares of the Master Fund’s gains. 

(4)   Internal rate of return is computed based on the actual dates of the cash inflows (capital contributions), outflows (distributions), with the exception of distributions declared but not paid, net of carried interest on a life-to date basis.  

(5)   Annualized.  

(6)   Not annualized.

(Concluded)

The accompanying notes are an integral part of these financial statements.

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Notes to Consolidated Financial Statements

As of and for the Six Months ended June 30, 2016 (Unaudited)

Note 1—Organization

PNMAC Mortgage Opportunity Fund, LP (the “Master Fund”) is a limited liability partnership organized under the laws of the state of Delaware. The Master Fund is registered under the Investment Company Act of 1940, as amended. Interests in the Master Fund were issued solely in private placement transactions that do not involve any “public offering” within the meaning of Section 4(2) of the Securities Act of 1933, as amended. The investment objective of the Master Fund is to achieve attractive total returns by capitalizing on dislocations in the mortgage market through opportunistic investments primarily in U.S. residential mortgages and related assets, instruments, and entities.

The Master Fund is managed by PNMAC Capital Management, LLC (the “Investment Manager”). The Investment Manager is a registered investment adviser with the Securities and Exchange Commission (“the SEC”). The general partner of the Master Fund is PNMAC Opportunity Fund Associates, LLC (the “General Partner”), a Delaware limited liability company. Both the Investment Manager and General Partner are wholly-owned subsidiaries of Private National Mortgage Acceptance Company, LLC (“PNMAC”).

The Master Fund operates as a master fund in a master-feeder fund structure. The Master Fund acts as a central investment mechanism for (i) PNMAC Mortgage Opportunity Fund, LLC (the “Fund” or “Limited Partner”) and (ii) the General Partner. The Fund owned 47% of the Master Fund at June 30, 2016 and is the sole limited partner. The General Partner has the exclusive right to conduct the operations of the Master Fund.

The Master Fund conducts its operations through its subsidiaries: PNMAC Mortgage Co. Funding, LLC, PNMAC Mortgage Co., LLC, and PNMAC Mortgage Co (FI), LLC (these companies are referred to collectively as the “Mortgage Investments”).

· PNMAC Mortgage Co. Funding, LLC is a wholly owned limited liability company that acquires, holds and works out distressed U.S. residential mortgage loans and holds mortgage-backed securities resulting from securitization of such mortgage loans.

· PNMAC Mortgage Co. LLC is a wholly owned limited liability company that acquires, holds and works out distressed U.S. residential mortgage loans.

· PNMAC Mortgage Co (FI), LLC is an investment company that was formed to pool investor capital and take an interest in the proceeds of FNBN I, LLC (“FNBN”). FNBN is a limited liability company formed to own a pool of residential mortgage loans in a transaction with the Federal Deposit Insurance Corporation (the “FDIC”).

PNMAC Mortgage Co (FI), LLC is the sole member and manager of FNBN. Accordingly, PNMAC Mortgage Co (FI), LLC consolidates its investment in FNBN. The FDIC owns a substantial participation interest in the proceeds of the mortgage loans held by FNBN that depends on the amount of proceeds collected. The FDIC’s interest in FNBN is shown as a Non-controlling Interest in the Master Fund (the “Non-controlling Interest”). The FDIC’s Non-controlling Interest in FNBN is included in the Consolidated Statement of Assets and Liabilities as a component of Partners’ Capital.

The Master Fund owns a 100% interest in a series of PNMAC Mortgage Co (FI), LLC. The series holds its own assets and recognizes the revenues and expenses attributable to those assets.

PNMAC Mortgage Co (FI), LLC’s operating agreement with the FDIC governing its investment in FNBN limits PNMAC Mortgage Co (FI), LLC’s ability to transfer any of its rights or interests in FNBN. PNMAC Mortgage Co (FI), LLC may only transfer all or any part of its interest or rights if (i) the transferee is a qualified transferee as defined in the operating agreement and (ii) it first obtains prior written consent of the FDIC. The contract specifies that the consent shall not be unreasonably withheld, delayed or conditioned, if the transferee is a qualified transferee.

(Continued)

The accompanying notes are an integral part of these financial statements.

11

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Notes to Consolidated Financial Statements

As of and for the Six Months ended June 30, 2016 (Unaudited)

Through its mortgage servicing agreement with PennyMac Loan Services, LLC (“PLS”), the Master Fund proactively works with borrowers to perform mortgage loan servicing and loss mitigation activities to maximize returns and minimize credit losses. PLS is a wholly owned subsidiary of PNMAC.

The Master Fund seeks to maximize the fair value of the mortgage loans that it acquires based on whether the acquired mortgage loans are performing or nonperforming:

· The objective for performing mortgage loans is value enhancement through effective “high touch” servicing, which is based on significant levels of borrower outreach and contact, and the ability to implement long-term, sustainable mortgage loan modification and restructuring programs that address borrowers’ ability and willingness to pay their mortgage loans. Once the Master Fund has improved the credit quality of a mortgage loan, the Master Fund may monetize the enhanced fair value through various disposition strategies.

· When mortgage loan modifications and other efforts are unable to cure distressed loans, the Master Fund’s objective is to effect timely acquisition and liquidation of the property securing the mortgage loan.

As market conditions permit, PNMAC Mortgage Co., LLC may transfer the mortgage loans it owns to the Master Fund to be securitized for financing purposes or sale. The Master Fund may hold interests in pools of such securitized mortgage loans and invests directly in other mortgage-related investment securities.

The Master Fund began operations on August 11, 2008 and will continue in existence through December 31, 2016, subject to three one-year extensions by the Investment Manager at its discretion, in accordance with the terms of the Limited Partnership Agreement governing the Master Fund.

Note 2—Significant Accounting Policies

Basis of Presentation

The Master Fund prepares its consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (“GAAP”) as codified by the Financial Accounting Standards Board (“FASB”) in its Accounting Standards Codification (the “Codification”). The Master Fund is classified as an investment company and reports its investments in accordance with the Financial Services - Investment Companies topic of the Codification.

Consolidation

The consolidated financial statements include the accounts of the Master Fund and the Mortgage Investments. Intercompany accounts and transactions have been eliminated upon consolidation.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires the Investment Manager to make estimates and judgments that affect the reported amount of assets and liabilities, recognition of interest income and disclosure of contingent assets and liabilities at the date of the financial statements. Actual results will likely differ from those estimates.

12

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Notes to Consolidated Financial Statements

As of and for the Six Months ended June 30, 2016 (Unaudited)

Fair Value

The Master Fund carries its investments at fair value with changes in fair value recognized in current period results of operations. The Master Fund groups its assets and liabilities at fair value in three levels, based on the markets in which the assets and liabilities are traded and the observability of the inputs used to determine fair value. The three levels are described below:

Level 1 – Quoted prices in active market for identical assets or liabilities.

Level 2 – Prices determined using other significant observable inputs. Observable inputs are inputs that other market participants would use in pricing an asset or liability and are developed based on market data obtained from sources independent of the Master Fund. These may include quoted prices for similar assets and liabilities, interest rates, prepayment speeds, credit risk and others.

Level 3 – Prices determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an asset or liability at the end of the period), unobservable inputs may be used. Unobservable inputs reflect the Investment Manager’s own judgments about the factors that market participants use in pricing an asset or liability, and are based on the best information available in the circumstances.

As a result of the difficulty in observing certain significant valuation inputs affecting “Level 3” financial statement items, the Investment Manager is required to make judgments regarding these items’ fair values. Different persons in possession of the same facts may reasonably arrive at different conclusions as to the inputs to be applied in estimating the fair value of these financial statement items and their fair values. Likewise, due to the general illiquidity of some of these financial statement items, subsequent transactions may be at values significantly different from those reported.

Short-term Investment

The short-term investment, the BlackRock Liquidity Funds: TempFund Institutional Shares is carried at fair value with changes in fair value recognized in current period results of operations.  Fair value is based on the fair value per share published by the manager of the money market fund on the valuation date.  The Master Fund’s short-term investment is classified as a “Level 1” fair value financial statement item.

Dividends on the short-term investment are accrued based on the interest earned by the money market fund reduced by its operating expenses as reported by the money market fund for the reporting period.

Interest Income Recognition

Interest income on mortgage loans is recognized over the life of the mortgage loan using the interest method. The Fund Administrator estimates, at the time of purchase, the future expected cash flows and determines the effective interest rate based on the estimated cash flows and the Master Fund’s purchase price. The Fund Administrator updates its cash flow estimates monthly.

Estimating cash flows requires a number of inputs that are subject to uncertainties, including the rate and timing of principal repayments, the mortgage note interest rate, interest rate fluctuations, interest payment shortfalls due to delinquencies on the underlying mortgage loans, the likelihood of modification and the timing of the magnitude of credit losses on the mortgage loans. The Fund Administrator, subject to the oversight of the Investment Manager, applies its judgment in developing such inputs. These uncertainties are difficult to predict and are subject to future events whose outcomes will affect the Master Fund’s interest income.

13

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Notes to Consolidated Financial Statements

As of and for the Six Months ended June 30, 2016 (Unaudited)

Home Affordable Modification Program Incentive Fees

The Master Fund receives incentive fees for successful modification of certain mortgage loans that are either delinquent or at risk of default under the U.S. Department of Housing and Urban Development’s Home Affordable Modification Program (“HAMP”). HAMP establishes standard loan modification guidelines for “at risk” homeowners and provides incentive payments to certain participants for achieving modifications and successfully remaining in the program. HAMP incentive fees are recognized as investment income when the Master Fund receives the incentive payments.

Asset-backed Financing

The Investment Manager has elected to carry asset-backed financing at fair value to reflect the generally offsetting changes in fair value of these borrowings to changes in fair value of the mortgage loans at fair value collateralizing this financing. Changes in the fair value of asset-backed financing are recognized in current period operations under the caption Net change in unrealized loss on asset-backed financing. Asset-backed secured financing is categorized as a “Level 3” fair value financial statement item.

Expenses

The Master Fund is charged for those expenses that are directly attributable to it, such as, but not limited to, advisory fees, custody fees, and interest. Expenses that are not directly attributable to the Master Fund are generally allocated among the entities in proportion to their assets. All expenses are recognized on the accrual basis of accounting.

Income Taxes

The Master Fund has elected to be treated as a partnership for federal income tax purposes. Each partner is responsible for the tax liability or benefit relating to such partner’s distributive share of taxable income or loss. Accordingly, no provision for federal income taxes is reflected in the accompanying financial statements.

The Investment Manager’s assessment of the requirement to provide for income taxes also includes an assessment of the liability arising from uncertain income tax positions. The Investment Manager has concluded that there is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions that will be taken on the tax return for the fiscal year ended December 31, 2016.

The Investment Manager is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. In developing its conclusion, the Investment Manager of the Master Fund has analyzed all tax years that are open for examination by the relevant income taxing authority. As of June 30, 2016, open federal and state income tax years include the tax years ended December 31, 2012 through 2015 and December 31, 2011 through 2015, respectively. The Master Fund has no examination in progress.

If applicable, the Master Fund will recognize interest charges related to unrecognized income tax benefits in “interest expense” and penalties in “other expenses” on the consolidated statement of operations.

No distributions will be made by the Master Fund to cover any income taxes due on Limited Partner’s investments in the Master Fund. Investors may not redeem capital from the Master Fund, and they must have other sources of cash available to them to pay such income taxes.

Partners’ Capital and Non-controlling Interest

Net profits or net losses of the Master Fund for each month are allocated to the capital accounts of partners as of the last day of each month in accordance with the partners’ respective investment ownership percentages of the Master Fund. Net profits or net losses are measured as the net change in the fair value of the partners’ capital of the Master Fund during the fiscal period, before giving effect to any repurchases of interests in the Master Fund, and excluding the amount of any items to be allocated to the capital accounts of the partners of the Master Fund other than in accordance with the partners’ respective investment ownership percentages.

14

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Notes to Consolidated Financial Statements

As of and for the Six Months ended June 30, 2016 (Unaudited)

The Non-controlling Interest is secured by a first priority security interest in the mortgage loans owned by FNBN.  The Non-controlling Interest will terminate upon completion of the final distribution of proceeds from FNBN’s mortgage loans. The Non-controlling Interest has no voting rights.  The Non-controlling Interest has a clean-up call right exercisable after 10 years or when the unpaid principal balance of FNBN’s mortgage loans is 10% or less of the unpaid principal balance on the date of commencement of operations.

Distributions are made to the Non-controlling Interest and the Master Fund from cash flows remaining after FNBN is reimbursed for any allowable fees and costs (including management fees payable to FNBN). Initially, the Non-controlling Interest was entitled to receive 80% of proceeds available for distribution until the total distributions were $160 million. This occurred in December 2011 and, as a result, the Non-controlling Interest receives 60% of proceeds available for distribution.

Capital Distributions and Carried Interest

Partner distributions, other than the distributions to the Non-controlling Interest, are made in accordance with the following distribution priorities:

1. First, 100% to the Limited Partner until the Limited Partner has received 100% of the Limited Partner’s capital contributions (irrespective of whether such capital contributions were used to make investment, pay management fees and expenses or any other purpose);

2. Second, 100% to the Limited Partner, until the Limited Partner has received a preferred return on the amounts described in (1) above calculated at a rate of 8%, compounded annually;

3. Third, 100% to the General Partner until the General Partner has received an amount equal to 20% of the sum of (a) the profits distributed to the Limited Partner pursuant to (2) above and (b) the amount paid to the General Partner pursuant to this item (3); and

4. Thereafter, (i) 80% to the Limited Partner and (ii) 20% to the General Partner.

The amounts relating to items 3 and 4 above relating to the General Partner are referred to as “Carried Interest”. The Carried Interest is allocated (and subsequently distributed) by the Master Fund to the General Partner as allocable shares of the Master Fund’s gains.

Indemnifications

Under the Master Fund’s organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of their duties to the Master Fund. In addition, in the normal course of business, the Master Fund may enter into contracts that provide general indemnification to other parties. The Master Fund’s maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Master Fund that have not yet occurred, and may not occur. However, the Master Fund has not had prior claims or losses pursuant to these contracts, has not recorded any amounts as of June 30, 2016, and expects the risk of loss to be remote.

15

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Notes to Consolidated Financial Statements

As of and for the Six Months ended June 30, 2016 (Unaudited)

Note 3—Fair Value

Following is a summary of financial statement items that are measured at fair value on a recurring basis for the six months ended June 30, 2016:

	Level 1		Level 2		Level 3		Total
Assets:
Short-term investment	$	15,943,912	$	-	$	-	$	15,943,912
Mortgage loans		-		-		144,509,352		144,509,352
Real estate acquired in settlement of loans		-		-		22,739,776		22,739,776
	$	15,943,912	$	-	$	167,249,128	$	183,193,040
Liabilities:
Asset-backed financing	$	-	$	-	$	74,672,306	$	74,672,306
	$	-	$	-	$	74,672,306	$	74,672,306

There were no transfers of items measured at fair value between fair value hierarchy levels during the six months ended June 30, 2016.

The following tables present a roll forward of financial statement items for which Level 3 inputs were used to determine fair value for the six months ended June 30, 2016.

	Mortgage loans			Real estate acquired in settlement of loans			Total
Assets:
Balance at January 1, 2016	$	147,321,277		$	28,868,864		$	176,190,141
Sales		-			(14,306,698	)		(14,306,698	)
Repayments		(5,171,519	)		-			(5,171,519	)
Capitalization of interest		3,564,595			-			3,564,595
Accrual of unearned discounts		8,827,072			-			8,827,072
Transfers of mortgage loans and advances to REO		(6,684,898	)		8,484,312			1,799,414
Net gains (losses) on investments:
Realized		(5,448,260	)		(1,754,751	)		(7,203,011	)
Unrealized*		2,101,085			1,448,049			3,549,134
Balance at June 30, 2016	$	144,509,352		$	22,739,776		$	167,249,128
Changes in fair value recognized during the period
relating to assets still held at June 30, 2016	$	3,959,326		$	81,205		$	4,040,531

*Changes in fair value as a result of changes in instrument-specific credit risk relating to mortgage loans resulted in a net gain of $3,386,425 for the six months ended June 30, 2016.

16

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Notes to Consolidated Financial Statements

As of and for the Six Months ended June 30, 2016 (Unaudited)

	Asset-backed financing
Liabilities:
Balance at January 1, 2016	$	86,629,398
Repurchases		(12,732,051	)
Net unrealized loss on asset-backed financing		774,959
Balance at June 30, 2016	$	74,672,306

Valuation Techniques and Assumptions

Most of the Master Fund’s assets and liabilities are carried at fair value with changes in fair value recognized in current period operations. A substantial portion of those assets and liabilities are “Level 3” financial statement items which require the use of significant unobservable inputs in the estimation of the items’ fair values. Unobservable inputs reflect the Investment Manager’s own judgments about the factors that market participants use in pricing an asset or liability, and are based on the best information available under the circumstances.

Because the fair value of “Level 3” financial statement items is difficult to estimate, the Investment Manager’s process includes performance of these items’ valuation by a specialized staff and significant executive management oversight. The Investment Manager has assigned the responsibility for estimating the fair values of “Level 3” financial statement items to its Financial Analysis and Valuation group (the “FAV group”), which is responsible for estimating the fair value of and monitoring the Master Fund’s investment portfolios and maintenance of its valuation policies and procedures.

The Investment Manager’s FAV group submits the results of its valuations to the Investment Manager’s valuation committee, which oversees and approves the valuations. The Investment Manager’s valuation committee includes the chief executive, financial, operating, risk, business development, and asset/liability management officers of PNMAC.

The FAV group monitors the models used for valuation of the Master Fund’s “Level 3” financial statement items, including the models’ performance versus actual results and reports those results to the Investment Manager’s valuation committee. The results developed in the FAV group’s monitoring activities are used to calibrate subsequent projections used to estimate fair value.

The FAV group is responsible for reporting to the Investment Manager’s valuation committee on a monthly basis on the changes in the valuation of the portfolio, including major factors affecting the valuation and any changes in model methods and inputs. To assess the reasonableness of its valuations, the FAV group presents an analysis of the effect on the valuation of each of the changes to the significant inputs to the models.

The following describes the methods used to estimate the fair values of Level 3 financial statement items:

Mortgage Loans

Mortgage loans held by the Master Fund are generally not saleable into active mortgage loan markets. Therefore the Master Fund classifies these assets as “Level 3” fair value financial statement items, and their fair values are generally estimated using a discounted cash flow valuation model. Inputs to the model include current interest rates, loan amount, payment status and property type, and forecasts of future interest rates, home prices, prepayment speeds, default and loss severities.

17

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Notes to Consolidated Financial Statements

As of and for the Six Months ended June 30, 2016 (Unaudited)

The valuation process includes the computation by stratum of the mortgage loan population and a review for reasonableness of various measures such as weighted average life, projected prepayment and default speeds, and projected default and loss percentages. The Investment Manager’s FAV staff computes the effect on fair value of changes in inputs such as interest rates, home prices, and delinquency status to assess the reasonableness of changes in the mortgage loans’ fair values. The results of the estimates of fair value of the Master Fund’s mortgage loans are reported to the Investment Manager’s valuation committee as part of its review and approval of monthly valuation results.

Changes in fair value attributable to investment-specific credit risk are measured by the effect on the mortgage loan’s fair value of changes in the respective mortgage loan’s delinquency status and performance history at period-end from the later of the beginning of the period or acquisition date.

The significant unobservable inputs used in the fair value measurement of the Master Fund’s mortgage loans are discount rate, home price projections, voluntary prepayment speeds and default speeds. Significant changes in any of those inputs in isolation could result in a significant change to the mortgage loans’ fair value. Increases in home price projections are generally accompanied by an increase in voluntary prepayment speeds.

Following is a quantitative summary of key inputs used in the valuation of mortgage loans at fair value:

		Range
Valuation technique	Key inputs	(Weighted average)
Discounted cash flow	Discount rate	2.5% - 26.8%
		(8.3%)
	Twelve-month housing price index change	3.2% - 4.8%
		(3.9%)
	Life Voluntary Constant Repayment Rate	0.1% - 100.0%
		(3.1%)
	Life Total Conditional Prepayment Rate	1.7% - 100.0%
		(14.8%)

Real Estate Acquired in Settlement of Loans

Fair value of real estate acquired in settlement of loans (“REO”) is determined by using a current estimate of fair value from a broker’s price opinion, a full appraisal or the price given in a pending contract of sale. REO fair values are reviewed by the Investment Manager’s staff appraisers when the Master Fund obtains multiple indications of fair value and there are significant differences between the fair values received. The Investment Manager’s staff appraisers will attempt to resolve the differences between the indications of fair value. In circumstances where the appraisers are not able to generate adequate data to support a fair value conclusion, the staff appraisers will order an additional appraisal to resolve the property’s fair value.

REO may be subsequently revalued due to the Master Fund receiving greater access to the property, the property being held for an extended period or the Investment Manager receiving indications that the property’s fair value may not be supported by developing market conditions.

Asset-Backed Financing

The fair value of the Master Fund’s asset-backed financing is established based on quoted indications of fair value provided by non-affiliate brokers.

18

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Notes to Consolidated Financial Statements

As of and for the Six Months ended June 30, 2016 (Unaudited)

Note 4—Concentration of Credit Risk

The Master Fund has assumed a concentration of credit risk in connection with its investments in mortgage loans and REO.

The following is a summary of the distribution of mortgage loans held by the Master Fund as measured by fair value at June 30, 2016:

						Weighted
			% Partners'			average note
Occupancy	Fair value		capital			interest rate
Owner occupied	$	119,874,116		95.6	%		4.11	%
Investment property		23,707,238		18.9	%		5.43	%
Second property		911,005		0.7	%		7.22	%
Unsecured		16,993	< 0.1%				0.00	%
Total portfolio	$	144,509,352		115.2	%		4.34	%

						Weighted
			% Partners'			average note
Loan Type	Fair value		capital			interest rate
Adjustable rate / Hybrid	$	43,910,415		35.0	%		5.56	%
Fixed interest rate		60,833,059		48.5	%		5.03	%
Balloon		960,452		0.8	%		6.64	%
Step rate		38,736,968		30.9	%		2.23	%
Other		68,458	< 0.1%				7.00	%
Total portfolio	$	144,509,352		115.2	%		4.34	%

						Weighted
			% Partners'			average note
Lien Position	Fair value		capital			interest rate
1st Lien	$	143,029,492		114.0	%		4.21	%
2nd Lien		1,462,867		1.2	%		6.30	%
Unsecured		16,993	< 0.1%				0.00	%
Total portfolio	$	144,509,352		115.2	%		4.34	%

						Weighted
			% Partners'			average note
Loan Age (1)	Fair value		capital			interest rate
Less than 24 months	$	14,096	< 0.1%				4.25	%
24-36 months		99,891		0.1	%		4.66	%
36-48 months		70,563		0.1	%		3.94	%
48-60 months		94,041		0.1	%		5.61	%
60 months or more		144,230,761		114.9	%		4.34	%
Total portfolio	$	144,509,352		115.2	%		4.34	%

¹ Loan Age reflects the age of the loan as of June 30, 2016.

19

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Notes to Consolidated Financial Statements

As of and for the Six Months ended June 30, 2016 (Unaudited)

² FICO score data is presented at the date of origination of the mortgage loan or the date of acquisition by the Master Fund, depending on the information available at the time of acquisition.

³ Current loan-to-value measures the ratio of the current balance of the loan and all superior liens (“Loan”) to the estimate of the fair value of the property securing the liens as of June 30, 2016.

⁴ Current mortgage loans include mortgage loans in and adhering to a forbearance plan as of June 30, 2016.

20

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Notes to Consolidated Financial Statements

As of and for the Six Months ended June 30, 2016 (Unaudited)

Following is a summary of the distribution of REO:

			% Partners'
Geographic Distribution	Fair value		capital
New Jersey	$	5,392,048		4.3	%
Florida		4,780,265		3.8	%
New York		2,267,187		1.8	%
Illinois		2,098,286		1.7	%
California		1,410,091		1.1	%
Other		6,791,899		5.4	%
Total portfolio	$	22,739,776		18.1	%

			% Partners'
Property Type	Fair value		capital
Single family residence	$	12,341,955		9.8	%
2 to 4 dwelling units		3,361,134		2.7	%
Condo		1,790,787		1.4	%
Planned unit development		4,775,900		3.8	%
Townhouse		470,000		0.4	%
Total portfolio	$	22,739,776		18.1	%

Note 5—Asset-backed Financing

On April 9, 2015, the Master Fund entered into a transaction to securitize certain mortgage loans and REO by transferring them into PNMAC 2015-NPL1, LLC (the “NPL Trust”) which then issued Asset-Backed Notes Series 2015-NPL1 (the “Notes”). Deutsche Bank National Trust Company serves as the Indenture Trustee. The Notes have a contractual maturity date of March 25, 2055, and an interest rate of 4%. The amounts of mortgage loans and real estate acquired in settlement of loans that are pledged as collateral are disclosed in the consolidated summary schedule of investments and may not be re-pledged in other borrowing transactions.  The reserve cash account pertaining to the NPL Trust holds $1,385,097 and is included in other assets on the consolidated statement of assets and liabilities.  There are no other material net assets held in the NPL Trust.

The NPL Trust is determined to be a variable interest entity (“VIE”). The Master Fund is the primary beneficiary as it holds significant variable interests and continues to service all of the mortgage loans, as well as having the power to direct the activities that most significantly impact the economic performance of the NPL Trust and could absorb credit losses that could potentially be significant to the NPL Trust. As the primary beneficiary, the assets and liabilities of the NPL Trust have been reflected in the consolidated financial statements.  The securitized mortgage loans and real estate acquired in settlement of loans continue to be recorded as such and the obligation to remit certain cash flows collected from the borrowers to the holders of the Notes issued was recorded as an asset-backed financing liability.

Note 6—Investment Advisory, Administration and Custodian Fees

The Master Fund has an Investment Management Agreement with PNMAC Capital Management, LLC. Under the terms of the agreement, the Master Fund pays the Investment Manager a fee equal to an annual rate of 1.5% of the Master Fund’s net asset value so long as the fee does not exceed 1.5% of the aggregate capital contributions to the Master Fund. The investment advisory fee is calculated and accrued monthly based on the partners’ capital balances and is paid to the Investment Manager quarterly after the end of the quarter.

21

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Notes to Consolidated Financial Statements

As of and for the Six Months ended June 30, 2016 (Unaudited)

The Master Fund has engaged U.S. Bancorp Fund Services, LLC to serve as the Master Fund's administrator, fund accountant, transfer agent, and dividend paying agent. The Master Fund pays the administrator a monthly fee computed at an annual rate of 0.04% of the first $1,000,000,000 of the Master Fund's total monthly net assets, 0.03% on the next $1,000,000,000 of the Master Fund's total monthly net assets, and 0.02% on the balance of the Master Fund's total monthly net assets subject to an annual minimum fee of $180,000. Administration fees for the six months ended June 30, 2016 totaled $112,908.

The Master Fund has engaged U.S. Bank, N.A. to provide mortgage loan accounting services for the mortgage loans held in the Mortgage Investments. The Master Fund and subsidiaries pay U.S. Bank, N.A. a monthly fee computed at an annual rate of 0.9 basis points of unpaid principal balance of mortgage loans subject to an annual minimum fee of $20,000 across all funds managed by the Investment Manager. The mortgage loan accounting fees charged to the Master Fund for the six months ended June 30, 2016 totaled $11,218.

U.S. Bank, N.A. serves as the Master Fund's custodian. The Master Fund pays the custodian a monthly fee computed at an annual rate of one basis point on the Master Fund's average daily market value of its short-term investment, subject to an annual minimum fee of $28,800 across all funds managed by the Investment Manager. Custodian fees charged to the Master Fund for the six months ended June 30, 2016 totaled $30,919.

Note 7—Directors and Officers

The Fund and Master Fund share the same board of directors. The Master Fund’s board of directors has overall responsibility for monitoring and overseeing the investment program of the Master Fund and its management and operations. All directors’ fees and expenses are paid by the Master Fund. Independent directors receive an annual retainer of $64,800 and a fee per meeting of the board of directors or committees of $2,000, subject to a cap of $15,000 per year for all non-regularly-scheduled meetings. The chairperson of the audit committee receives an annual retainer of $10,000 in addition to the amounts above. Directors are reimbursed by the Master Fund for their travel expenses related to board meetings. The total directors’ fees and expenses incurred for the six months ended June 30, 2016 were $141,105, of which $63,100 was payable at June 30, 2016.

One of the directors is an officer of the Investment Manager and the Master Fund and receives no compensation from the Master Fund for serving as a Director. Certain officers of the Master Fund are affiliated with the Investment Manager. Such officers receive no compensation from the Master Fund for serving in their respective roles.

Note 8—Transactions with Affiliates

PLS acts as the primary mortgage servicer for all mortgage loans owned by the Master Fund. The servicing agreement between PLS and Master Fund generally provides for servicing fees of 50 to 100 basis points of unpaid principal balance per year, depending on the type and quality of mortgage loans being serviced, plus other specified fees and charges. The servicing agreement also requires that PLS will rebate to the Master Fund an amount equal to the cumulative profit, if any, of the servicing operations attributable to the loans owned by the Master Fund, and conversely, charge the Master Fund if a loss has been incurred in order to effect overall “at cost” pricing with respect to loan servicing activities for such assets. Under a separate agreement between the Master Fund and the Investment Manager, the Investment Manager will cause PLS to rebate to the Master Fund an amount equal to 13% of servicing-related fees charged to the Master Fund to approximate overall “at cost” pricing with respect to mortgage loan servicing activities for such assets, and the Investment Manager will represent on an annual basis to the Master Fund’s board of directors whether servicing fees paid net of the rebate have in fact not exceeded the actual cash costs incurred in servicing the mortgage loans owned by the Master Fund. Total mortgage loan servicing fees charged by PLS before the rebate for the six months ended June 30, 2016 totaled $1,092,960, of which PLS reduced by providing a rebate of $148,183.

22

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Notes to Consolidated Financial Statements

As of and for the Six Months ended June 30, 2016 (Unaudited)

As of June 30, 2016, substantially all of the receivable from PLS of $15,069,356 on the Consolidated Statement of Assets and Liabilities represents funds advanced to PLS to fund collection and liquidation costs relating to mortgage loans and REO serviced by PLS on the Master Fund’s behalf as well as principal and interest collections, and mortgage loan and REO sales proceeds collections receivable.

As of June 30, 2016, substantially all of the payable to PLS of $632,960 on the Consolidated Statement of Assets and Liabilities represents accrued mortgage loan servicing fees and collection and liquidation expenses payable.

Following is a summary of payments made to the Investment Manager for reimbursable expenses paid on the Master Fund and subsidiaries’ behalf during the six months ended June 30, 2016:

Professional fees	$	166,901
Collateral valuation		17,606
Investment software licensing		14,001
Registration fees		7,720
Insurance		2,661
Custodian fees		2,397
Total	$	211,286

The Master Fund incurred investment advisory fees of $485,783 during the six months ended June 30, 2016, of which $230,215 was payable to the Investment Manager at June 30, 2016.

As of June 30, 2016, $42,430,419 in Carried Interest has been accrued and reallocated from the Limited Partner’s capital account to the General Partner’s capital account of which $537,089 was allocated in the six months ended June 30, 2016.

The General Partner is not charged a management fee. The only expenses charged to the General Partner are those specifically relating to it.

The Master Fund’s short-term investment, the BlackRock Liquidity Funds: TempFund Institutional Shares, is managed by BlackRock Institutional Management Corporation, which is a wholly owned subsidiary of BlackRock, Inc. BlackRock Inc. is an affiliate of the Master Fund. The Master Fund had $15,943,912 invested in the short-term investment at June 30, 2016, and for the six months ended June 30, 2016, the Master Fund received $43,733 of dividend income from this short-term investment.

Note 9—Risk Factors

The Master Fund’s investment activities expose it to various types and degrees of risk associated with the assets and markets in which it invests.

23

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Notes to Consolidated Financial Statements

As of and for the Six Months ended June 30, 2016 (Unaudited)

Investments in mortgage loans have exposure to risk that includes interest rate risk, market risk, and default risk (the potential non-payment of principal and interest, including default or bankruptcy of the issuer or the intermediary in the case of a mortgage loan participation). Mortgage loans are also subject to prepayment risk, which will affect the maturity of, and yield on, such investments.

Investments in REO are also subject to various risk factors. Generally, REO investments could be adversely affected by a recession, natural disaster or general economic downturn in the area where the properties are located as well as the availability of similar properties in such area. REO investment performance is also subject to the effectiveness of a particular property manager in managing the property.

The Master Fund is indirectly subject to interest rate risk. Interest rate risk is the risk that investments in mortgage loans held by the Master Fund’s subsidiaries will decrease in fair value because of changes in market interest rates. Investments in mortgage loans with long-term maturities may experience significant decreases in fair value if long-term mortgage interest rates increase.

Market risk represents the potential loss in fair value of financial instruments caused by movements in market factors including, but not limited to, market liquidity, investor sentiment, interest rates and foreign exchange rates. The Master Fund’s portfolio includes certain investments that are generally illiquid and have a greater amount of market risk than more liquid investments. These investments may trade in limited markets or have restrictions on resale or transfer and may not be able to be liquidated on demand if needed. The fair value assigned to these investments may differ significantly from the fair values that could be realized upon liquidation or that would have been used had a ready market existed. Such differences could be material to the financial statements.

Adverse changes in economic conditions are more likely to lead to a weakened capacity of borrowers to make principal payments and interest payments. An economic downturn could severely affect the ability of highly leveraged borrowers to service their debt obligations or to repay their obligations. Under adverse market or economic conditions, the secondary market could contract as well, increasing the illiquid nature of the mortgage loans. As a result, the Master Fund and subsidiaries could find it more difficult to sell mortgage loans or may be able to sell only at prices lower than if such investments were widely traded.

An investment in the Master Fund is subject to investment risk, including the possible loss of the entire investment. An investment in the Master Fund represents an indirect investment in the mortgage loans and REO held by the Master Fund’s subsidiaries. The fair value of mortgage loans and REO, like other market investments, may move up or down, sometimes rapidly and unpredictably. An investment in the Master Fund at any point in time may be worth less than the original investment. Investment fair values can fluctuate for several reasons including the general condition of the mortgage and real estate markets, or when political or economic events affecting the issuers occur.

As part of its investment strategy, the Master Fund may utilize borrowings. Master Fund investments may also use borrowings in the ordinary course of their operations. The use of borrowings, and the Master Fund’s ability to service the debt and comply with all of the covenants relating to such borrowings, may materially affect the operations of the Master Fund or its investments, and thus its ultimate fair value. Financing may not always be available on acceptable terms, in the necessary amounts, or for the period needed. This could have a material negative effect on the performance of the Master Fund.

The Master Fund clears substantially all of its investment purchases and sales and maintains substantially all of its investments and short-term investment positions at U.S. Bank, N.A. Credit risk is measured by the loss the Master Fund would record if U.S. Bank, N.A. failed to perform pursuant to the terms of its obligations.

24

PNMAC Mortgage Opportunity Fund, LP and Subsidiaries

Notes to Consolidated Financial Statements

As of and for the Six Months ended June 30, 2016 (Unaudited)

Note 10—Subsequent Events

Management has evaluated all events or transactions through the date of issuance of these financial statements, and concluded that no subsequent events have occurred that would require recognition or disclosure.

****

25

PNMAC Mortgage Opportunity Fund, LP

Directors and Officers (Unaudited)

Form N-Q

The Master Fund files its complete schedule of portfolio holdings for the first and third quarters of each fiscal year with the SEC on Form N-Q. The Master Fund’s Form N-Q is available without charge by visiting the SEC’s Website at www.sec.gov and may be reviewed and copied at the SEC’s Public Reference Room in Washington D.C. You may obtain information on the operation of the Public Reference Room by calling (800) SEC-0330.

Proxy Voting

A description of the policies and procedures that the Master Fund uses to determine how to vote proxies relating to portfolio securities owned by the Master Fund and information regarding how the Master Fund voted proxies relating to portfolio securities are available to stockholders (i) without charge, upon request, by calling the Master Fund collect at (818) 224-7442; and (ii) on the SEC’s Website at http://www.sec.gov.

Board of Directors

The Master Fund’s Form N-2 includes additional information about the Master Fund’s directors and is available upon request without charge by calling the Master Fund collect at (818) 224-7442 or by visiting the SEC’s Website at www.sec.gov.

Forward-Looking Statements

This report contains “forward-looking statements,'' which are based on current management expectations. Actual future results, however, may prove to be different from expectations. You can identify forward-looking statements by words such as “may,'' “will,'' “believe,'' “attempt,'' “seem,'' “think,'' “ought,'' “try,'' and other similar terms. The Master Fund’s past investment performance and returns are not predictive of its future investment performance and returns. The Master Fund cannot promise future investment performance or returns. Management’s opinions are a reflection of its best judgment at the time this report is compiled, and it disclaims any obligation to update or alter forward-looking statements as a result of new information, future events, or otherwise.

Approval of Investment Management Agreement

June 16, 2016, the Board of Directors of the Master Fund and the Fund (collectively, the “Funds”), including the “non-interested” Directors (the “Independent Directors”), met in person and voted to approve the continuance of the Investment Management Agreements (including the portions of the Master Fund’s partnership agreement referred to therein) with the Investment Manager for an additional year.

In considering whether to recommend approval of the Investment Management Agreements, the Independent Directors reviewed materials provided by the Investment Manager and counsel to the Independent Directors. The Independent Directors also met with senior personnel of the Investment Manager and discussed a number of topics affecting their determination, including the following:

(i) The nature, extent, and quality of services expected to be provided by the Investment Manager. The Independent Directors reviewed the services that the Investment Manager provided to the Funds since inception in August 2008 and are expected to continue to provide to the Funds.  In addition, the Independent Directors considered the size, education, background, and experience of the Investment Manager’s staff, including the mortgage finance and capital markets experience of the Investment Manager’s senior management team.  Lastly, the Independent Directors reviewed the Investment Manager’s ability to attract and retain quality and experienced personnel.  The Independent Directors concluded that the scope of services provided since inception and expected to be provided by the Investment Manager to the Funds, and the experience and expertise of the personnel performing such services, was consistent with the nature, extent, and quality expected of an investment adviser of investment vehicles such as the Funds.

 (ii) The investment performance of the Funds and the Investment Manager.  The Independent Directors received information about the performance of the Funds and the Investment Manager in managing the Fund.  The Directors also received performance information regarding the Funds compared to certain indexes, benchmarks, and/or registered and non-registered funds managed by other investment advisers that had somewhat comparable investment programs.

26

PNMAC Mortgage Opportunity Fund, LP

Directors and Officers (Unaudited)

(iii) Cost of the services to be provided and profits to be realized by the Investment Manager and its affiliates from the relationship with the Funds.  The Independent Directors considered the estimated cost of the services provided by the Investment Manager.  As part of their analysis, the Independent Directors gave substantial consideration to the compensation payable to the Investment Manager.  The Independent Directors noted that the compensation terms would remain the same.  In reviewing the management compensation, the Independent Directors considered the management fees and operating expense ratios of other registered and non-registered funds managed by other investment advisers that had somewhat comparable investment programs.  The Independent Directors also reviewed and took into account other relationships between the Funds and the Investment Manager and its related persons, including the shareholder servicing agreement between the Investment Manager and the Fund, the mortgage servicing agreements between the Master Fund and an affiliate of the Investment Manager, and an agreement with BlackRock, which has an investment in the Investment Manager’s parent company, for a portfolio valuation analytic model.  The Independent Directors also considered the compensation charged by the Investment Manager to its other clients.  Finally, the Independent Directors took those other service agreements into account in the context of evaluating the profitability of the Investment Manager in respect of the overall relationship of the Investment Manager and its related persons to the Funds.

(iv) Economies of Scale.  The Independent Directors also considered that possible economies of scale from future growth of the Funds were not relevant inasmuch as the Funds were closed to any new investment and had limited terms.

The Independent Directors had an opportunity to have Executive Session with counsel to the Independent Directors.  During the course of their deliberations at the meeting on June 16, 2016, the Independent Directors thoroughly reviewed and evaluated the factors to be considered for approval of the Investment Management Agreements including, but not limited to:  the expenses incurred in performance of services by the Investment Manager; the compensation to be received by the Investment Manager under the Investment Management Agreements; the fees charged by the Investment Manager’s peers; the past performance of the Investment Manager; and the range and quality of services provided by the Investment Manager.

The Independent Directors expressed satisfaction with the information provided at the meeting on June 16, 2016 and prior meetings, and acknowledged that they had received sufficient information to consider and approve the continuance of the Investment Management Agreements.  No single factor was determinative to the decision of the Independent Directors.  Rather, after weighing all of the reasons discussed above, the Independent Directors unanimously approved the continuance of the Investment Management Agreements.

The Independent Directors concluded that the compensation that the Investment Manager would receive under the Investment Management Agreements was reasonable.

27

Item 2. Code of Ethics.

Not applicable for semi-annual reports.

Item 3. Audit Committee Financial Expert.

Not applicable for semi-annual reports.

Item 4. Principal Accountant Fees and Services.

Not applicable for semi-annual reports.

Item 5. Audit Committee of Listed Registrants.

Not applicable to registrants who are not listed issuers (as defined in Rule 10A-3 under the Securities Exchange Act of 1934).

Item 6. Investments.

INVESTMENTS - 146%*
INVESTMENTS IN NONAFFILIATES - 133%*
	Note	Maturity				Principal		Fair
Description	interest rate	date	State			amount		value
Mortgage loans
Mortgage Loan ID#1000043954**	5.25%	5/1/2037	FL		$	2,230,825	$	1,814,734
Mortgage Loan ID#1000043569**	3.13%	9/1/2036	CA			1,506,793		1,335,097
Mortgage Loan ID#1000015063**	7.38%	9/1/2036	FL			1,350,000		1,221,972
Mortgage Loan ID#1000028984**	3.00%	6/1/2056	CA			1,348,206		1,003,727
Mortgage Loan ID#1000043880**	3.00%	2/1/2035	OR			1,387,425		931,799
Mortgage Loan ID#1000002193	6.88%	5/1/2037	DC			990,000		908,634
Mortgage Loan ID#1000015179**	4.25%	10/1/2043	CT			873,780		731,823
Mortgage Loan ID#1000035099**	6.00%	7/1/2037	NY			999,000		697,943
Mortgage Loan ID#1000016663**	6.88%	5/1/2037	OR			799,863		693,208
Mortgage Loan ID#1000002189	5.13%	8/1/2055	NY			1,019,114		660,827
Mortgage Loan ID#1000016006**	7.15%	2/1/2037	NY			641,150		642,515
Mortgage Loan ID#1000029387**	8.25%	6/1/2037	NY			600,000		630,000
Mortgage Loan ID#1000035343**	6.50%	12/1/2043	CA			890,860		616,006
Mortgage Loan ID#1000043694**	3.38%	3/1/2056	CT			771,808		611,182
Mortgage Loan ID#1000043772**	5.88%	7/1/2037	FL			920,218		609,883
Mortgage Loan ID#1000015520**	8.00%	11/1/2037	GA			1,000,000		606,217
Mortgage Loan ID#1000043744**	3.50%	8/1/2055	CA			887,676		578,143
Mortgage Loan ID#1000034768**	3.25%	4/1/2036	NY			644,039		576,158
Mortgage Loan ID#1000016833**	6.50%	10/1/2037	NY			645,282		554,990
Mortgage Loan ID#1000002384	3.13%	11/1/2045	DC			738,636		549,363
Mortgage Loan ID#1000001411	3.00%	7/1/2047	CA			832,829		546,394
Mortgage Loan ID#1000026020**	4.00%	6/1/2037	CA			550,425		546,311
Mortgage Loan ID#1000029315**	4.00%	4/1/2037	CA			618,984		518,905
Mortgage Loan ID#1000026032**	4.00%	12/1/2036	HI			420,101		509,686
Mortgage Loan ID#1000026795**	3.00%	1/1/2049	CA			563,607		501,326
Mortgage Loan ID#1000000557**	6.90%	3/1/2037	NJ			990,473		489,599
Mortgage Loan ID#1000026305**	5.88%	10/1/2036	CA			594,045		487,151
Mortgage Loan ID#1000001651	3.00%	5/1/2055	FL			1,439,522		477,797
Mortgage Loan ID#1000034934**	2.00%	6/1/2054	NY			732,839		475,919
Mortgage Loan ID#1000026350**	6.50%	4/1/2037	NY			719,176		475,591
Mortgage Loan ID#1000002404	3.44%	9/1/2036	NY			755,396		474,784
Mortgage Loan ID#1000043559**	2.88%	8/1/2045	VA			622,790		465,586
Mortgage Loan ID#1000043885**	5.50%	12/1/2055	MA			519,033		454,464
Mortgage Loan ID#1000035850**	2.00%	4/1/2055	NY			688,854		454,427
Mortgage Loan ID#1000038435**	5.38%	2/1/2056	CA			526,418		454,133
Mortgage Loan ID#1000025998**	3.00%	12/1/2053	CA			574,591		453,759
Mortgage Loan ID#1000002184	2.00%	5/1/2054	NY			763,182		452,040
Mortgage Loan ID#1000002180	2.00%	8/1/2055	NY			768,935		450,783
Mortgage Loan ID#1000000560**	6.80%	1/1/2037	NY			613,522		449,690
Mortgage Loan ID#1000027234**	2.00%	1/1/2050	NY			666,598		440,944
Mortgage Loan ID#1000003907**	6.00%	7/1/2037	MD			579,089		436,844
Mortgage Loan ID#1000035161**	7.75%	9/1/2037	NJ			632,985		436,243
Mortgage Loan ID#1000029301**	3.00%	11/1/2036	CA			578,874		432,104
Mortgage Loan ID#1000035519**	5.25%	12/1/2036	MA			464,303		429,950
Mortgage Loan ID#1000029225	3.00%	4/1/2037	NE			473,418		419,633
Mortgage Loan ID#1000028857**	7.75%	9/1/2036	NY			454,999		419,024
Mortgage Loan ID#1000002394	3.50%	1/1/2056	CT			927,452		419,022
Mortgage Loan ID#1000016313**	7.00%	10/1/2037	NY			413,491		417,556
Mortgage Loan ID#1000000697**	9.00%	10/1/2037	FL			527,100		413,281
Mortgage Loan ID#1000016011	8.99%	2/1/2037	FL			505,461		410,762
Mortgage Loan ID#1000016710**	5.88%	12/1/2035	NJ			529,780		408,728
Mortgage Loan ID#1000029411**	10.75%	9/1/2037	FL			389,253		408,715
Mortgage Loan ID#1000017201**	4.88%	4/1/2049	MD			514,078		408,447
Mortgage Loan ID#1000028356**	9.55%	9/1/2056	CT			459,101		406,830
Mortgage Loan ID#1000001628	10.37%	5/1/2037	NY			451,250		404,905
Mortgage Loan ID#1000038468**	6.13%	5/1/2038	NY			531,936		404,687
Mortgage Loan ID#1000002164	3.13%	8/1/2037	CA			541,784		403,801
Mortgage Loan ID#1000002161	2.00%	5/1/2054	NY			622,503		399,365
Mortgage Loan ID#1000002379	4.91%	3/1/2047	NY			558,254		399,302
Mortgage Loan ID#1000028071**	4.25%	2/1/2046	NJ			744,712		398,388
Mortgage Loan ID#1000015922**	3.13%	12/1/2036	MO			488,843		398,219
Mortgage Loan ID#1000027226**	5.75%	6/1/2037	NY			449,000		397,664
Mortgage Loan ID#1000001463	4.98%	8/1/2047	CA			541,734		397,028
Mortgage Loan ID#1000028896**	2.00%	1/1/2052	NY			486,675		396,664
Mortgage Loan ID#1000015937**	3.25%	7/1/2055	CO			520,222		392,753
Mortgage Loan ID#1000025942**	3.00%	9/1/2050	CA			618,232		390,535
Mortgage Loan ID#1000044014**	2.00%	2/1/2048	MD			578,257		384,182
Mortgage Loan ID#1000015901	4.00%	3/1/2055	MA			495,563		381,370
Mortgage Loan ID#1000029034**	2.00%	5/1/2054	CA			488,359		380,713
Mortgage Loan ID#1000002166	2.00%	1/1/2054	NY			572,022		379,298
Mortgage Loan ID#1000016592**	3.13%	11/1/2035	CA			424,750		377,937
Mortgage Loan ID#1000035122**	5.00%	12/1/2043	IL			485,787		375,564
Mortgage Loan ID#1000035448**	3.38%	3/1/2056	CA			605,831		375,534
Mortgage Loan ID#1000026575**	3.38%	4/1/2036	AZ			425,183		375,214
Mortgage Loan ID#1000001402	5.00%	7/1/2048	CA			538,395		375,162
Mortgage Loan ID#1000001631	8.88%	8/1/2037	NY			472,500		370,791
Mortgage Loan ID#1000027875**	6.20%	1/1/2035	NY			434,148		369,255
Mortgage Loan ID#1000043672**	6.38%	2/1/2038	NY			551,822		369,200
Mortgage Loan ID#1000035760**	3.31%	11/1/2034	NJ			548,714		367,658
Mortgage Loan ID#1000043914**	6.50%	9/1/2036	NY			525,000		367,213
Mortgage Loan ID#1000044102	2.00%	12/1/2054	MA			579,618		366,815
Mortgage Loan ID#1000003544	4.75%	10/1/2054	MA			496,483		365,505
Mortgage Loan ID#1000043537**	7.38%	9/1/2056	NY			570,325		364,789
Mortgage Loan ID#1000026629**	3.50%	5/1/2037	CA			401,542		363,796
Mortgage Loan ID#1000026981**	2.00%	2/1/2053	MA			777,294		362,347
Mortgage Loan ID#1000029085**	10.20%	9/1/2056	FL			426,182		360,763
Mortgage Loan ID#1000043582**	3.00%	8/1/2035	TX			446,036		358,672
Mortgage Loan ID#1000043923**	3.13%	4/1/2037	MA			402,866		358,089
Mortgage Loan ID#1000000565**	8.40%	6/1/2056	NY			514,074		357,814
Mortgage Loan ID#1000002149	2.75%	3/1/2037	NY			536,956		357,529
Mortgage Loan ID#1000002148	5.00%	7/1/2037	NC			501,562		357,442
Mortgage Loan ID#1000044114**	5.55%	1/1/2048	CA			376,400		357,398
Mortgage Loan ID#1000016028	8.00%	2/1/2037	MA			471,885		355,627
Mortgage Loan ID#1000029367**	7.00%	2/1/2037	NY			450,400		354,047
Mortgage Loan ID#1000026026**	7.00%	2/1/2037	NY			491,954		350,471
Mortgage Loan ID#1000015570	4.25%	6/1/2035	OR			455,932		349,132
Mortgage Loan ID#1000028059**	5.13%	12/1/2053	MD			443,665		348,082
Mortgage Loan ID#1000043930**	2.00%	10/1/2052	MI			453,885		347,850
Mortgage Loan ID#1000002187	2.00%	3/1/2052	NY			497,297		346,632
Mortgage Loan ID#1000002055	4.25%	2/1/2055	NY			681,791		345,208
Mortgage Loan ID#1000002373	2.00%	12/1/2055	NY			655,450		344,922
Mortgage Loan ID#1000026767**	3.13%	12/1/2034	CA			384,106		343,513
Mortgage Loan ID#1000001612	4.87%	4/1/2037	AZ			499,024		343,235
Mortgage Loan ID#1000002214	3.00%	4/1/2055	CA			697,565		342,629
Mortgage Loan ID#1000038487**	6.38%	6/1/2036	NY			444,734		342,393
Mortgage Loan ID#1000002167	3.13%	6/1/2046	NY			597,274		341,244
Mortgage Loan ID#1000015019**	4.50%	5/1/2035	CA			382,783		340,414
Mortgage Loan ID#1000003896**	4.13%	7/1/2053	MA			432,022		332,532
Mortgage Loan ID#1000043535**	5.34%	11/1/2044	NY			803,027		328,709
Mortgage Loan ID#1000029184**	2.00%	12/1/2038	NY			785,422		327,797
Mortgage Loan ID#1000000603**	3.13%	3/1/2039	UT			376,946		327,140
Mortgage Loan ID#1000016149**	6.13%	7/1/2037	FL			470,151		322,823
Mortgage Loan ID#1000002113	6.88%	5/1/2037	NV			374,789		320,962
Mortgage Loan ID#1000043184**	2.88%	7/1/2045	CA			379,941		319,923
Mortgage Loan ID#1000027464**	6.75%	2/1/2036	FL			502,188		315,767
Mortgage Loan ID#1000002087	2.00%	4/1/2048	CA			462,074		313,299
Mortgage Loan ID#1000002398	10.00%	8/1/2037	NY			860,000		312,975
Mortgage Loan ID#1000043617**	4.88%	12/1/2053	VA			341,445		312,789
Mortgage Loan ID#1000044147**	3.50%	2/1/2056	NY			409,016		311,992
Mortgage Loan ID#1000027630**	7.00%	12/1/2036	NJ			479,925		311,051
Mortgage Loan ID#1000026083**	2.00%	6/1/2043	CA			351,222		310,898
Mortgage Loan ID#1000000644**	6.25%	12/1/2036	VA			347,275		309,802
Mortgage Loan ID#1000026005**	4.87%	5/1/2037	CA			295,476		309,079
Mortgage Loan ID#1000002171	3.63%	9/1/2055	NY			931,505		308,515
Mortgage Loan ID#1000029087**	2.00%	3/1/2056	CA			447,563		308,234
Mortgage Loan ID#1000029300**	3.00%	2/1/2037	CA			492,811		307,948
Mortgage Loan ID#1000002169	3.00%	4/1/2051	NY			522,161		306,040
Mortgage Loan ID#1000003895**	2.88%	7/1/2037	MD			382,432		305,488
Mortgage Loan ID#1000026656**	2.00%	10/1/2051	GA			530,390		303,859
Mortgage Loan ID#1000028993**	2.00%	11/1/2036	NJ			425,055		303,833
Mortgage Loan ID#1000017076**	7.63%	12/1/2037	NY			438,280		303,652
Mortgage Loan ID#1000000544**	6.00%	12/1/2038	NY			693,175		303,103
Mortgage Loan ID#1000043564**	7.00%	10/1/2037	NY			640,848		301,362
Mortgage Loan ID#1000002086	5.25%	5/1/2037	AZ			398,615		299,254
Mortgage Loan ID#1000002101	2.00%	11/1/2057	CA			445,945		297,090
Mortgage Loan ID#1000035785**	6.00%	1/1/2036	NY			428,000		295,868
Mortgage Loan ID#1000028933**	7.85%	11/1/2036	FL			391,767		294,931
Mortgage Loan ID#1000026658**	2.00%	6/1/2042	NY			341,706		293,623
Mortgage Loan ID#1000029181**	3.00%	9/1/2035	MS			280,910		292,165
Mortgage Loan ID#1000035426	2.00%	11/1/2039	CA			511,895		291,313
Mortgage Loan ID#1000001404	3.00%	10/1/2047	NY			650,019		290,329
Mortgage Loan ID#1000001047	7.50%	8/1/2037	CA			326,533		290,090
Mortgage Loan ID#1000001398	2.00%	8/1/2053	NY			430,971		289,795
Mortgage Loan ID#1000016228**	5.75%	9/1/2035	NY			435,120		288,910
Mortgage Loan ID#1000028873**	3.00%	10/1/2055	NY			589,944		288,788
Mortgage Loan ID#1000035181**	7.13%	11/1/2037	NY			348,909		286,787
Mortgage Loan ID#1000001611	7.24%	5/1/2037	NY			605,000		285,675
Mortgage Loan ID#1000028289**	4.00%	11/1/2046	MA			484,151		283,805
Mortgage Loan ID#1000002098	2.00%	8/1/2053	WA			416,844		282,312
Mortgage Loan ID#1000043949**	2.00%	12/1/2054	MD			350,414		278,709
Mortgage Loan ID#1000043702**	8.15%	5/1/2035	NY			296,197		278,685
Mortgage Loan ID#1000038534**	5.75%	2/1/2038	NY			394,272		277,991
Mortgage Loan ID#1000001994	5.00%	5/1/2037	CA			344,273		277,624
Mortgage Loan ID#1000043597**	7.00%	8/1/2037	NJ			429,998		277,592
Mortgage Loan ID#1000043187	3.38%	3/1/2036	CA			335,809		276,654
Mortgage Loan ID#1000034782**	5.88%	1/1/2037	FL			284,120		276,226
Mortgage Loan ID#1000028960**	8.25%	2/1/2037	NY			314,675		271,253
Mortgage Loan ID#1000016921	6.85%	11/1/2036	NY			454,027		269,188
Mortgage Loan ID#1000026150**	7.75%	9/1/2034	PA			284,148		268,715
Mortgage Loan ID#1000002367	4.65%	3/1/2037	NY			469,083		266,908
Mortgage Loan ID#1000029196**	2.00%	5/1/2052	CA			383,749		266,759
Mortgage Loan ID#1000000562**	3.50%	4/1/2056	NY			429,638		266,296
Mortgage Loan ID#1000017406**	1.88%	8/1/2044	CA			318,858		264,467
Mortgage Loan ID#1000002031	2.00%	1/1/2048	CA			413,862		264,431
Mortgage Loan ID#1000025997**	4.00%	12/1/2036	WA			372,764		263,841
Mortgage Loan ID#1000001608	7.88%	3/1/2037	NY			464,000		260,798
Mortgage Loan ID#1000029331**	2.00%	10/1/2055	NY			561,418		260,597
Mortgage Loan ID#1000001626	3.00%	5/1/2055	NY			875,316		260,481
Mortgage Loan ID#1000029065**	4.00%	10/1/2053	CA			387,622		260,464
Mortgage Loan ID#1000028805	2.00%	11/1/2036	NY			466,883		259,336
Mortgage Loan ID#1000029111**	3.88%	10/1/2053	CA			362,797		259,108
Mortgage Loan ID#1000035642**	4.80%	9/1/2047	CO			285,075		259,058
Mortgage Loan ID#1000002066	4.00%	5/1/2047	CA			611,354		258,935
Mortgage Loan ID#1000002108	5.00%	3/1/2037	NY			389,604		258,690
Mortgage Loan ID#1000002121	3.00%	7/1/2055	NY			562,672		257,384
Mortgage Loan ID#1000002092	4.13%	12/1/2054	NY			411,040		256,569
Mortgage Loan ID#1000028995	2.00%	8/1/2051	PA			345,203		255,959
Mortgage Loan ID#1000002341	5.00%	4/1/2047	CA			495,493		255,894
Mortgage Loan ID#1000002088	7.63%	4/1/2037	NJ			478,434		253,967
Mortgage Loan ID#1000002075	5.63%	5/1/2037	FL			546,547		253,362
Mortgage Loan ID#1000002378	3.63%	1/1/2056	NY			406,702		250,528
Mortgage Loan ID#1000000533	2.00%	2/1/2052	NY			313,182		250,264
Mortgage Loan ID#1000000938**	2.63%	3/1/2038	CA			287,701		250,245
Mortgage Loan ID#1000002320	3.13%	4/1/2046	AZ			420,765		250,229
Mortgage Loan ID#1000025992**	4.00%	4/1/2051	CA			509,731		249,866
Mortgage Loan ID#1000043641**	6.38%	9/1/2037	NY			504,303		248,436
Mortgage Loan ID#1000043516**	4.25%	9/1/2047	NJ			287,744		247,553
Mortgage Loan ID#1000026051**	4.84%	9/1/2037	CA			269,220		247,397
Mortgage Loan ID#1000002199	2.00%	12/1/2053	NJ			491,547		246,879
Mortgage Loan ID#1000043951**	5.38%	5/1/2056	FL			615,206		245,483
Mortgage Loan ID#1000002062	3.00%	4/1/2056	NY			421,100		243,877
Mortgage Loan ID#1000003667	3.50%	10/1/2036	MA			339,565		242,887
Mortgage Loan ID#1000002089	7.63%	5/1/2037	AZ			403,655		242,593
Mortgage Loan ID#1000002145	7.88%	3/1/2037	NY			412,500		241,615
Mortgage Loan ID#1000034816**	7.00%	10/1/2037	NY			441,943		240,362
Mortgage Loan ID#1000015500**	7.50%	7/1/2037	NY			504,000		239,497
Mortgage Loan ID#1000026012	4.88%	8/1/2054	CA			289,174		238,489
Mortgage Loan ID#1000016402**	7.05%	12/1/2036	NY			352,869		237,934
Mortgage Loan ID#1000044258	4.00%	7/1/2056	MA			386,815		237,099
Mortgage Loan ID#1000035004**	3.00%	2/1/2045	FL			312,990		236,702
Mortgage Loan ID#1000026348**	6.50%	1/1/2037	NV			366,420		236,538
Mortgage Loan ID#1000002120	6.88%	9/1/2037	NJ			478,086		235,758
Mortgage Loan ID#1000016786**	7.13%	8/1/2037	NY			384,213		233,380
Mortgage Loan ID#1000029127**	4.00%	4/1/2055	CA			415,749		233,026
Mortgage Loan ID#1000026229**	2.00%	10/1/2049	RI			314,400		232,728
Mortgage Loan ID#1000002319	8.75%	7/1/2037	FL			324,882		231,826
Mortgage Loan ID#1000017154**	3.00%	6/1/2051	NJ			315,948		229,246
Mortgage Loan ID#1000035218**	8.86%	6/26/2024	NY			214,846		225,588
Mortgage Loan ID#1000002069	6.13%	4/1/2037	CA			270,000		225,438
Mortgage Loan ID#1000025800	2.88%	3/1/2047	FL			409,806		225,080
Mortgage Loan ID#1000001457	5.04%	9/1/2047	NJ			509,680		223,332
Mortgage Loan ID#1000029198**	3.50%	4/1/2056	CA			316,507		222,371
Mortgage Loan ID#1000029147**	3.06%	3/1/2037	FL			210,839		221,381
Mortgage Loan ID#1000044110**	7.50%	5/1/2035	NY			214,500		220,924
Mortgage Loan ID#1000000439**	4.88%	9/1/2054	AL			340,991		219,099
Mortgage Loan ID#1000017367**	2.75%	10/1/2036	CO			298,058		219,031
Mortgage Loan ID#1000002029	3.63%	3/1/2037	CA			275,513		218,708
Mortgage Loan ID#1000029234**	3.51%	3/1/2037	IL			299,117		218,473
Mortgage Loan ID#1000028856**	2.00%	4/1/2056	NV			467,939		218,282
Mortgage Loan ID#1000026034**	4.00%	3/1/2037	CA			301,317		217,305
Mortgage Loan ID#1000001594	5.15%	4/1/2047	FL			472,523		217,108
Mortgage Loan ID#1000015904**	2.00%	8/1/2051	NJ			370,295		217,041
Mortgage Loan ID#1000027962**	6.00%	12/1/2049	CA			246,837		214,449
Mortgage Loan ID#1000043164**	2.63%	8/1/2035	AZ			305,838		213,007
Mortgage Loan ID#1000017045**	10.38%	8/1/2035	MA			201,549		211,627
Mortgage Loan ID#1000001999	8.25%	2/1/2037	NJ			268,521		211,021
Mortgage Loan ID#1000043173**	2.00%	11/1/2049	NJ			381,615		210,697
Mortgage Loan ID#1000043867**	8.64%	8/28/2037	FL			308,070		209,968
Mortgage Loan ID#1000025961	4.63%	3/1/2054	MO			279,106		208,711
Mortgage Loan ID#1000015919**	3.25%	7/1/2055	FL			402,585		208,248
Mortgage Loan ID#1000002363	3.63%	11/1/2055	NM			338,207		207,602
Mortgage Loan ID#1000028864**	2.00%	7/1/2054	CA			357,139		207,591
Mortgage Loan ID#1000016216**	7.00%	9/1/2056	NY			286,852		207,572
Mortgage Loan ID#1000035967**	3.50%	7/1/2056	MD			409,674		206,284
Mortgage Loan ID#1000027997**	5.38%	11/1/2035	VA			218,577		205,942
Mortgage Loan ID#1000027181**	6.50%	10/1/2037	FL			562,500		204,505
Mortgage Loan ID#1000000896**	7.38%	1/1/2038	CA			260,000		203,699
Mortgage Loan ID#1000044250	5.13%	12/1/2055	NM			330,742		203,070
Mortgage Loan ID#1000043637**	2.00%	10/1/2046	NY			286,120		202,766
Mortgage Loan ID#1000002153	2.00%	11/1/2053	NV			448,935		201,936
Mortgage Loan ID#1000027053**	7.01%	3/12/2038	NJ			259,171		201,655
Mortgage Loan ID#1000028891**	3.88%	12/1/2053	VA			260,600		201,633
Mortgage Loan ID#1000003926**	3.88%	10/1/2046	MA			324,897		201,469
Mortgage Loan ID#1000017521**	2.00%	1/1/2053	MD			501,029		201,048
Mortgage Loan ID#1000027243**	2.50%	6/1/2044	CA			380,135		200,836
Mortgage Loan ID#1000044253**	4.88%	8/1/2036	PA			217,793		200,355
Mortgage Loan ID#1000044205**	5.50%	2/1/2056	MA			451,582		200,114
Mortgage Loan ID#1000034758**	5.88%	4/1/2052	WA			208,425		199,708
Mortgage Loan ID#1000035357**	4.13%	1/1/2055	NY			237,402		199,558
Mortgage Loan ID#1000029356**	2.00%	12/1/2056	CA			388,507		198,306
Mortgage Loan ID#1000003884	3.13%	5/1/2037	MA			277,154		198,216
Mortgage Loan ID#1000029206**	11.38%	7/1/2037	NY			188,360		197,777
Mortgage Loan ID#1000043399	4.13%	9/1/2053	TX			226,940		197,341
Mortgage Loan ID#1000029217**	3.40%	1/1/2040	VA			343,407		197,337
Mortgage Loan ID#1000035744**	3.50%	9/1/2033	CA			221,904		197,200
Mortgage Loan ID#1000026282**	4.13%	8/1/2047	VA			349,897		196,293
Mortgage Loan ID#1000016068**	10.18%	9/1/2056	FL			288,060		196,192
Mortgage Loan ID#1000043895**	3.25%	10/1/2035	MA			276,553		195,048
Mortgage Loan ID#1000026022**	2.00%	7/1/2038	NV			379,153		194,418
Mortgage Loan ID#1000043521**	2.63%	10/1/2034	VA			321,007		194,061
Mortgage Loan ID#1000016081**	2.50%	1/1/2040	FL			434,274		193,902
Mortgage Loan ID#1000028216**	5.38%	4/1/2056	NJ			504,864		192,668
Mortgage Loan ID#1000025949**	3.88%	4/1/2053	CA			337,988		192,121
Mortgage Loan ID#1000026109**	5.99%	10/1/2034	MA			222,625		191,612
Mortgage Loan ID#1000043180**	4.00%	12/1/2049	NJ			239,728		191,466
Mortgage Loan ID#1000001449	2.00%	3/1/2052	CA			275,909		190,564
Mortgage Loan ID#1000026024**	2.00%	10/1/2052	CA			326,127		189,717
Mortgage Loan ID#1000034880	3.63%	11/1/2055	NJ			445,678		188,486
Mortgage Loan ID#1000001509	3.00%	4/1/2047	NY			602,954		188,126
Mortgage Loan ID#1000026006**	7.00%	11/1/2037	WA			197,837		187,385
Mortgage Loan ID#1000028441	5.00%	6/1/2043	FL			244,753		187,188
Mortgage Loan ID#1000001242	2.75%	6/1/2055	NY			274,132		185,451
Mortgage Loan ID#1000003528	2.00%	9/1/2047	MD			355,360		185,263
Mortgage Loan ID#1000002332	7.88%	7/1/2056	NY			360,000		183,991
Mortgage Loan ID#1000026583**	3.00%	3/1/2051	MD			308,976		183,360
Mortgage Loan ID#1000029151**	9.35%	12/1/2036	FL			270,872		183,096
Mortgage Loan ID#1000015325**	5.04%	7/1/2047	CT			205,180		177,754
Mortgage Loan ID#1000029165**	3.25%	7/1/2055	WA			374,547		177,672
Mortgage Loan ID#1000015960**	4.00%	12/1/2049	OR			202,224		175,477
Mortgage Loan ID#1000029254**	9.50%	2/1/2037	FL			433,287		175,439
Mortgage Loan ID#1000028224**	6.00%	3/1/2033	NY			209,009		174,561
Mortgage Loan ID#1000001355	2.75%	9/1/2037	FL			250,309		174,440
Mortgage Loan ID#1000028919**	4.13%	3/1/2055	NM			268,568		174,139
Mortgage Loan ID#1000027844**	3.00%	5/1/2051	MA			327,495		173,906
Mortgage Loan ID#1000002002	3.00%	4/1/2051	IL			258,524		173,175
Mortgage Loan ID#1000000293**	4.25%	12/1/2054	VT			470,972		172,836
Mortgage Loan ID#1000028937**	2.00%	11/1/2056	NY			426,650		172,405
Mortgage Loan ID#1000043875**	3.13%	12/1/2034	NC			190,121		171,694
Mortgage Loan ID#1000038587**	2.00%	8/1/2055	PA			216,878		170,685
Mortgage Loan ID#1000001683	8.33%	5/1/2037	TX			191,182		170,399
Mortgage Loan ID#1000002200	5.25%	6/1/2042	FL			220,910		169,760
Mortgage Loan ID#1000026028**	3.43%	5/1/2041	CA			292,866		169,460
Mortgage Loan ID#1000035724**	2.00%	1/1/2045	CA			194,534		169,254
Mortgage Loan ID#1000003668	4.00%	9/1/2046	MD			342,259		169,093
Mortgage Loan ID#1000043832**	4.32%	10/1/2056	MD			306,208		168,916
Mortgage Loan ID#1000028428**	4.00%	3/1/2055	CT			201,235		168,784
Mortgage Loan ID#1000044249**	5.63%	12/1/2055	CT			294,434		168,168
Mortgage Loan ID#1000003663	8.25%	12/1/2036	WI			188,520		166,747
Mortgage Loan ID#1000026413**	5.13%	9/1/2035	MA			352,241		166,690
Mortgage Loan ID#1000026463**	3.63%	11/1/2055	MD			300,711		166,445
Mortgage Loan ID#1000000399**	5.75%	12/1/2037	NJ			209,774		166,020
Mortgage Loan ID#1000001596	8.83%	5/1/2037	NY			408,500		165,329
Mortgage Loan ID#1000043503**	5.50%	3/1/2056	NJ			321,973		165,016
Mortgage Loan ID#1000038507**	6.38%	5/1/2037	FL			300,000		164,921
Mortgage Loan ID#1000026544**	3.25%	7/1/2055	MA			227,156		164,624
Mortgage Loan ID#1000017411	3.50%	12/1/2055	FL			325,247		164,154
Mortgage Loan ID#1000043656**	6.50%	12/1/2036	DC			228,791		163,388
Mortgage Loan ID#1000029042**	4.88%	12/1/2053	PA			583,352		162,083
Mortgage Loan ID#1000017267**	4.00%	6/1/2055	NY			258,943		161,976
Mortgage Loan ID#1000027754**	4.85%	9/1/2038	WA			226,698		161,155
Mortgage Loan ID#1000028883**	7.00%	11/1/2036	FL			262,400		161,081
Mortgage Loan ID#1000026182**	4.75%	11/1/2054	CA			228,313		160,580
Mortgage Loan ID#1000036021**	2.00%	7/1/2035	NY			312,636		160,551
Mortgage Loan ID#1000043416**	3.50%	2/1/2056	CT			277,386		160,349
Mortgage Loan ID#1000002021	3.63%	4/1/2037	NY			214,605		160,287
Mortgage Loan ID#1000027534**	7.13%	6/1/2048	FL			378,746		159,501
Mortgage Loan ID#1000029283**	3.25%	10/1/2046	NY			318,669		158,993
Mortgage Loan ID#1000028925	7.20%	11/1/2036	FL			245,204		158,364
Mortgage Loan ID#1000003527	4.72%	9/1/2047	MD			385,181		157,796
Mortgage Loan ID#1000001580	3.00%	5/1/2054	FL			493,830		157,620
Mortgage Loan ID#1000001442	2.00%	1/1/2055	NJ			270,650		155,321
Mortgage Loan ID#1000000219**	3.75%	1/1/2037	IL			220,821		154,950
Mortgage Loan ID#1000017081**	6.75%	12/1/2033	WA			146,388		153,707
Mortgage Loan ID#1000028998**	8.28%	1/1/2037	FL			227,050		152,845
Mortgage Loan ID#1000003623	3.13%	12/1/2035	MA			251,222		152,538
Mortgage Loan ID#1000025940**	4.00%	4/1/2036	NH			261,760		152,311
Mortgage Loan ID#1000026196**	9.45%	5/1/2037	MA			253,716		151,577
Mortgage Loan ID#1000017171**	6.00%	3/1/2049	GA			145,337		151,264
Mortgage Loan ID#1000002116	8.63%	8/1/2037	NY			450,000		151,207
Mortgage Loan ID#1000002377	4.00%	5/1/2037	CA			205,123		150,988
Mortgage Loan ID#1000026749**	7.92%	2/25/2034	MI			143,260		150,423
Mortgage Loan ID#1000014966**	3.00%	12/1/2050	MD			179,369		150,315
Mortgage Loan ID#1000029089**	9.00%	4/1/2037	WA			188,711		150,104
Mortgage Loan ID#1000003971**	4.50%	2/1/2037	MI			230,301		149,866
Mortgage Loan ID#1000001610	9.38%	8/1/2037	NY			347,672		149,128
Mortgage Loan ID#1000028957**	3.75%	4/1/2036	CO			169,284		148,983
Mortgage Loan ID#1000044113**	6.90%	12/1/2034	FL			147,524		148,881
Mortgage Loan ID#1000034925**	3.63%	12/1/2055	FL			277,765		148,032
Mortgage Loan ID#1000016797**	6.99%	2/1/2035	NJ			150,823		147,315
Mortgage Loan ID#1000001369	3.65%	8/1/2056	IL			308,985		146,973
Mortgage Loan ID#1000044087**	6.06%	11/28/2034	MO			171,819		146,806
Mortgage Loan ID#1000028969**	3.63%	11/1/2055	MD			299,382		146,684
Mortgage Loan ID#1000015875**	2.00%	10/1/2051	NY			193,507		146,433
Mortgage Loan ID#1000043360**	5.75%	1/1/2036	FL			233,778		145,532
Mortgage Loan ID#1000017452**	3.83%	4/1/2037	AZ			168,445		145,470
Mortgage Loan ID#1000026334	4.25%	6/1/2056	MD			215,475		145,118
Mortgage Loan ID#1000034960**	7.38%	4/1/2038	UT			140,263		144,543
Mortgage Loan ID#1000001924	2.00%	2/1/2056	WA			236,931		144,261
Mortgage Loan ID#1000001066	9.50%	9/1/2037	FL			202,495		143,892
Mortgage Loan ID#1000000658**	5.00%	7/1/2037	NY			268,187		143,860
Mortgage Loan ID#1000000662**	4.13%	1/1/2055	MN			208,703		143,027
Mortgage Loan ID#1000000995	5.98%	10/1/2046	VA			274,351		142,803
Mortgage Loan ID#1000003953	4.38%	5/1/2036	RI			174,771		142,212
Mortgage Loan ID#1000017418**	2.00%	2/1/2052	FL			243,381		141,728
Mortgage Loan ID#1000003516	4.13%	10/1/2053	MA			210,815		141,065
Mortgage Loan ID#1000017513**	4.13%	8/1/2053	MA			183,557		141,005
Mortgage Loan ID#1000001064	6.22%	8/1/2037	FL			193,943		140,988
Mortgage Loan ID#1000001022	8.50%	2/1/2037	FL			202,052		140,964
Mortgage Loan ID#1000001225	4.82%	4/1/2031	FL			177,445		140,792
Mortgage Loan ID#1000029329**	5.50%	5/1/2037	KS			202,021		140,773
Mortgage Loan ID#1000043686**	2.00%	2/1/2055	FL			205,716		140,663
Mortgage Loan ID#1000027353**	2.00%	6/1/2051	NY			264,919		140,600
Mortgage Loan ID#1000001327	4.78%	9/1/2047	CA			266,364		140,482
Mortgage Loan ID#1000015566**	3.00%	1/1/2051	FL			166,083		139,326
Mortgage Loan ID#1000029345**	2.00%	12/1/2037	ME			223,008		139,218
Mortgage Loan ID#1000026149**	7.13%	10/1/2035	NJ			177,901		139,188
Mortgage Loan ID#1000017474**	3.38%	10/1/2056	IL			279,435		138,893
Mortgage Loan ID#1000002040	4.00%	7/1/2053	NC			196,706		138,813
Mortgage Loan ID#1000003880**	5.00%	3/1/2046	MA			172,085		137,750
Mortgage Loan ID#1000025982**	7.50%	1/1/2039	TX			131,169		137,727
Mortgage Loan ID#1000026056**	6.00%	9/1/2037	OR			155,322		137,420
Mortgage Loan ID#1000043979**	2.00%	9/1/2052	WA			173,864		137,373
Mortgage Loan ID#1000027676	2.00%	4/1/2054	PA			179,894		137,318
Mortgage Loan ID#1000028410**	7.85%	6/1/2032	SC			130,600		136,576
Mortgage Loan ID#1000028832	4.58%	10/1/2036	FL			601,406		135,796
Mortgage Loan ID#1000028949**	3.00%	8/1/2032	FL			186,321		135,750
Mortgage Loan ID#1000016457**	8.00%	4/1/2037	IL			226,931		135,592
Mortgage Loan ID#1000026667**	6.40%	4/1/2036	MI			138,174		135,510
Mortgage Loan ID#1000003858**	2.75%	12/1/2037	GA			156,522		134,236
Mortgage Loan ID#1000002340	5.22%	6/1/2056	DC			283,146		134,032
Mortgage Loan ID#1000026003**	4.00%	6/1/2037	FL			208,178		133,736
Mortgage Loan ID#1000001265	3.00%	6/1/2047	FL			265,263		133,585
Mortgage Loan ID#1000044160**	5.13%	1/1/2054	OH			164,727		133,529
Mortgage Loan ID#1000015578**	7.50%	7/1/2041	GA			143,103		133,095
Mortgage Loan ID#1000028894**	3.88%	9/1/2056	FL			295,790		132,880
Mortgage Loan ID#1000035479**	7.95%	3/1/2037	FL			182,472		132,879
Mortgage Loan ID#1000017383**	4.88%	7/1/2037	TX			154,508		132,863
Mortgage Loan ID#1000015280**	4.13%	4/1/2055	PA			253,996		132,627
Mortgage Loan ID#1000026719**	3.00%	7/1/2034	TX			149,597		132,581
Mortgage Loan ID#1000034848**	5.63%	2/1/2038	NY			255,003		132,484
Mortgage Loan ID#1000029044**	5.00%	12/1/2056	NJ			277,927		132,412
Mortgage Loan ID#1000002369	4.00%	3/1/2037	NY			361,237		132,206
Mortgage Loan ID#1000016611**	3.25%	6/1/2056	IL			264,589		132,201
Mortgage Loan ID#1000043544**	2.50%	6/1/2035	OH			179,019		131,606
Mortgage Loan ID#1000043731**	3.75%	4/1/2036	NJ			206,001		131,086
Mortgage Loan ID#1000029349**	10.63%	10/1/2042	FL			289,113		130,813
Mortgage Loan ID#1000026002**	2.00%	1/1/2042	CT			173,589		130,746
Mortgage Loan ID#1000029219**	3.50%	9/1/2055	FL			209,258		130,614
Mortgage Loan ID#1000017335**	2.63%	7/1/2049	VA			247,567		130,249
Mortgage Loan ID#1000015317**	2.00%	1/1/2052	VA			281,928		129,992
Mortgage Loan ID#1000017375**	5.00%	4/1/2054	MO			165,766		129,928
Mortgage Loan ID#1000044296**	3.63%	11/1/2055	IL			365,276		129,695
Mortgage Loan ID#1000028317**	8.13%	10/1/2037	MD			123,464		129,637
Mortgage Loan ID#1000015452**	4.00%	5/1/2054	MO			215,013		129,076
Mortgage Loan ID#1000027349**	3.25%	9/1/2055	CO			162,596		128,980
Mortgage Loan ID#1000043555**	5.38%	3/1/2038	NC			150,837		128,483
Mortgage Loan ID#1000043561**	4.13%	8/1/2053	AZ			149,551		128,115
Mortgage Loan ID#1000027040**	3.00%	8/1/2039	AL			212,115		127,754
Mortgage Loan ID#1000044104	2.50%	1/1/2035	TX			149,406		127,539
Mortgage Loan ID#1000017039**	3.00%	4/1/2056	FL			379,918		127,171
Mortgage Loan ID#1000025985**	4.78%	1/1/2037	TX			120,936		126,983
Mortgage Loan ID#1000028865**	7.40%	10/1/2036	FL			161,600		126,923
Mortgage Loan ID#1000001937	7.88%	3/1/2037	TX			140,004		126,916
Mortgage Loan ID#1000002310	6.00%	5/1/2037	ME			223,787		126,873
Mortgage Loan ID#1000025959**	3.38%	2/1/2056	KS			155,846		126,568
Mortgage Loan ID#1000027985**	4.88%	3/1/2054	TN			152,916		126,166
Mortgage Loan ID#1000043289**	5.50%	3/1/2037	IL			142,648		125,863
Mortgage Loan ID#1000028474	4.88%	4/1/2054	TX			139,124		124,930
Mortgage Loan ID#1000035556**	3.38%	6/1/2056	FL			170,921		124,758
Mortgage Loan ID#1000035869**	4.00%	2/1/2037	MS			149,327		124,558
Mortgage Loan ID#1000000611	7.25%	3/1/2037	NY			129,055		124,329
Mortgage Loan ID#1000029134**	3.00%	7/1/2037	FL			280,139		124,051
Mortgage Loan ID#1000043594**	3.13%	6/1/2056	IN			191,359		123,869
Mortgage Loan ID#1000001912	5.00%	5/1/2054	FL			175,912		123,197
Mortgage Loan ID#1000026007**	4.51%	6/1/2037	AZ			136,622		123,129
Mortgage Loan ID#1000044151	4.00%	9/1/2053	PA			151,389		123,080
Mortgage Loan ID#1000028502**	2.00%	6/1/2046	MD			154,330		122,953
Mortgage Loan ID#1000027808**	3.00%	2/1/2046	GA			185,959		122,875
Mortgage Loan ID#1000029011**	6.00%	8/1/2043	MI			167,512		122,597
Mortgage Loan ID#1000017341**	2.00%	10/1/2056	WA			222,823		122,488
Mortgage Loan ID#1000029109**	7.50%	5/1/2032	IL			116,659		122,446
Mortgage Loan ID#1000028447**	3.50%	8/1/2043	NC			190,870		122,163
Mortgage Loan ID#1000043815**	4.75%	11/1/2054	NY			197,717		121,917
Mortgage Loan ID#1000026200**	4.00%	5/1/2055	MA			217,774		121,543
Mortgage Loan ID#1000043850**	3.38%	8/1/2055	FL			346,470		121,046
Mortgage Loan ID#1000043462**	3.50%	4/1/2056	NY			151,788		120,815
Mortgage Loan ID#1000043827**	3.25%	7/1/2055	PA			169,601		120,241
Mortgage Loan ID#1000035666**	7.62%	2/1/2032	NY			122,900		119,939
Mortgage Loan ID#1000003647	2.00%	8/1/2043	MI			289,803		119,809
Mortgage Loan ID#1000038481	2.00%	9/1/2056	NJ			264,238		119,103
Mortgage Loan ID#1000029231**	4.13%	6/1/2056	IL			654,128		118,906
Mortgage Loan ID#1000001961	5.00%	4/1/2054	CT			186,958		118,853
Mortgage Loan ID#1000001915	7.75%	8/1/2036	AZ			130,877		118,779
Mortgage Loan ID#1000035990**	2.00%	2/1/2052	LA			144,218		117,942
Mortgage Loan ID#1000028848**	2.00%	6/1/2056	RI			323,271		117,819
Mortgage Loan ID#1000003601	7.00%	10/1/2035	MD			185,250		117,413
Mortgage Loan ID#1000001943	5.80%	8/1/2037	MT			146,137		116,984
Mortgage Loan ID#1000043469**	4.13%	1/1/2055	PA			154,114		116,844
Mortgage Loan ID#1000029143**	4.00%	8/1/2053	PA			138,357		116,677
Mortgage Loan ID#1000001920	7.38%	7/1/2036	AZ			125,262		116,601
Mortgage Loan ID#1000017245**	7.89%	11/1/2035	CA			151,276		116,556
Mortgage Loan ID#1000043217**	5.13%	9/1/2034	OH			124,573		116,256
Mortgage Loan ID#1000026014**	3.25%	7/1/2056	OR			204,485		116,209
Mortgage Loan ID#1000044215**	4.00%	5/1/2055	TX			134,947		116,164
Mortgage Loan ID#1000017330**	5.02%	1/1/2037	CT			209,804		116,029
Mortgage Loan ID#1000035205**	2.75%	6/1/2032	CO			139,635		115,939
Mortgage Loan ID#1000001346	2.75%	9/1/2037	TX			152,761		115,858
Mortgage Loan ID#1000028840**	3.19%	10/1/2055	FL			268,686		115,798
Mortgage Loan ID#1000015336**	8.26%	9/1/2037	MN			110,480		115,290
Mortgage Loan ID#1000035033**	7.00%	10/1/2037	NJ			152,649		115,094
Mortgage Loan ID#1000028235**	2.00%	2/1/2052	MN			150,312		114,498
Mortgage Loan ID#1000034776**	5.00%	9/1/2051	IN			137,720		114,364
Mortgage Loan ID#1000015627**	6.75%	2/1/2037	NY			179,970		114,037
Mortgage Loan ID#1000002289	6.00%	4/1/2037	AZ			140,294		113,971
Mortgage Loan ID#1000025967**	9.25%	10/1/2036	PA			111,199		113,885
Mortgage Loan ID#1000043476	8.17%	9/7/2029	NV			161,986		113,699
Mortgage Loan ID#1000035030**	3.50%	4/1/2056	FL			219,601		113,571
Mortgage Loan ID#1000028793	2.00%	11/1/2053	NC			262,793		113,075
Mortgage Loan ID#1000015866**	2.00%	12/1/2046	PA			183,400		113,021
Mortgage Loan ID#1000003856**	2.75%	12/1/2037	AR			131,191		112,743
Mortgage Loan ID#1000000677**	5.00%	11/1/2055	FL			147,587		112,648
Mortgage Loan ID#1000015929	6.13%	8/1/2036	NY			112,749		111,956
Mortgage Loan ID#1000016888**	3.00%	1/1/2051	WI			139,659		111,583
Mortgage Loan ID#1000002215	7.88%	10/1/2056	NC			204,686		111,101
Mortgage Loan ID#1000001588	9.25%	6/1/2047	NY			368,791		110,896
Mortgage Loan ID#1000029409**	4.84%	9/1/2037	CA			121,404		110,838
Mortgage Loan ID#1000017485**	6.80%	4/1/2033	OH			110,770		110,806
Mortgage Loan ID#1000044020	3.40%	1/1/2038	IL			176,693		110,259
Mortgage Loan ID#1000035194**	9.38%	5/1/2037	RI			298,641		110,124
Mortgage Loan ID#1000038567**	6.13%	3/1/2036	ME			111,794		109,474
Mortgage Loan ID#1000017230**	4.13%	12/1/2054	NY			262,908		109,290
Mortgage Loan ID#1000029341**	4.00%	2/1/2053	MD			148,363		109,252
Mortgage Loan ID#1000044098**	3.50%	4/1/2056	MI			187,541		109,245
Mortgage Loan ID#1000029135**	7.65%	7/1/2037	IL			150,086		108,931
Mortgage Loan ID#1000029422**	7.30%	10/1/2036	FL			191,565		108,905
Mortgage Loan ID#1000028488**	8.63%	12/1/2036	NY			133,426		108,880
Mortgage Loan ID#1000036067**	6.95%	6/1/2035	MD	��		105,482		108,709
Mortgage Loan ID#1000015532**	3.75%	9/1/2055	SC			210,076		108,650
Mortgage Loan ID#1000015963**	3.13%	3/1/2037	FL			166,400		108,398
Mortgage Loan ID#1000001966	2.00%	3/1/2046	CT			224,680		108,366
Mortgage Loan ID#1000026546**	4.63%	3/1/2035	VA			143,456		107,859
Mortgage Loan ID#1000027437**	9.69%	9/22/2036	NY			114,538		107,709
Mortgage Loan ID#1000001259	3.75%	8/1/2037	FL			299,184		107,635
Mortgage Loan ID#1000028487**	5.13%	1/1/2056	TN			128,058		107,566
Mortgage Loan ID#1000001904	7.63%	2/1/2037	TX			118,455		107,424
Mortgage Loan ID#1000001431	4.13%	9/1/2053	NY			184,840		107,390
Mortgage Loan ID#1000026752**	4.75%	10/1/2054	OH			179,651		107,228
Mortgage Loan ID#1000017362**	5.25%	3/1/2036	NY			116,640		107,053
Mortgage Loan ID#1000026052**	2.00%	9/1/2053	CA			202,589		106,667
Mortgage Loan ID#1000043414**	4.38%	10/1/2052	NC			131,176		106,599
Mortgage Loan ID#1000026019**	2.00%	2/1/2044	MD			175,864		106,425
Mortgage Loan ID#1000029282**	3.38%	10/1/2055	CT			170,511		105,819
Mortgage Loan ID#1000026614**	4.88%	7/1/2054	NC			146,162		105,526
Mortgage Loan ID#1000003614	4.25%	5/1/2055	MA			367,825		104,830
Mortgage Loan ID#1000027343**	5.25%	9/1/2053	WI			147,141		104,818
Mortgage Loan ID#1000043618**	3.50%	2/1/2056	NY			289,463		104,784
Mortgage Loan ID#1000028177**	4.13%	2/1/2055	PA			134,002		104,217
Mortgage Loan ID#1000017068**	4.00%	9/1/2056	MD			197,688		103,804
Mortgage Loan ID#1000015924**	7.51%	8/1/2037	FL			164,700		103,418
Mortgage Loan ID#1000043409**	5.13%	12/1/2054	VA			119,597		103,361
Mortgage Loan ID#1000000365**	11.75%	10/1/2037	VA			112,379		102,952
Mortgage Loan ID#1000016152**	5.75%	5/1/2032	NY			101,254		102,888
Mortgage Loan ID#1000001344	2.00%	8/1/2053	FL			179,792		102,803
Mortgage Loan ID#1000027466**	8.40%	3/1/2036	NJ			283,206		100,956
Mortgage Loan ID#1000017468**	2.00%	6/1/2044	NJ			171,939		100,930
Mortgage Loan ID#1000043304**	9.59%	12/1/2036	IL			122,064		100,192
Mortgage Loan ID#1000026516**	5.25%	1/1/2049	CT			195,091		99,907
Mortgage Loan ID#1000028440**	3.00%	8/1/2055	NY			131,471		99,803
Mortgage Loan ID#1000027169**	8.75%	2/1/2038	NJ			95,125		99,132
Mortgage Loan ID#1000015608**	4.00%	4/1/2055	FL			124,043		99,123
Mortgage Loan ID#1000001619	3.00%	5/1/2037	CA			180,265		98,320
Mortgage Loan ID#1000043320**	4.88%	9/1/2056	WI			207,121		97,947
Mortgage Loan ID#1000026021**	4.00%	9/1/2050	IL			259,811		97,711
Mortgage Loan ID#1000001326	4.00%	8/1/2047	FL			132,586		97,575
Mortgage Loan ID#1000028191**	3.25%	9/1/2055	PA			192,201		97,140
Mortgage Loan ID#1000044209**	4.50%	6/1/2036	LA			102,892		97,049
Mortgage Loan ID#1000027352**	7.88%	5/1/2035	OH			92,097		96,675
Mortgage Loan ID#1000028931**	2.00%	7/1/2056	CT			226,096		96,645
Mortgage Loan ID#1000028008**	7.13%	12/1/2032	AL			104,177		96,474
Mortgage Loan ID#1000043863**	3.00%	9/1/2056	IL			173,241		96,473
Mortgage Loan ID#1000027454**	3.88%	3/1/2053	NJ			345,428		96,298
Mortgage Loan ID#1000016520**	2.50%	10/1/2055	FL			135,618		96,245
Mortgage Loan ID#1000000426**	2.88%	1/1/2038	CO			146,465		95,574
Mortgage Loan ID#1000028180**	4.13%	8/1/2053	PA			111,022		95,572
Mortgage Loan ID#1000017460**	7.00%	5/1/2053	FL			233,658		95,512
Mortgage Loan ID#1000026384**	4.00%	9/1/2053	MN			134,035		95,489
Mortgage Loan ID#1000025964**	4.13%	12/1/2054	PA			115,148		95,428
Mortgage Loan ID#1000001983	5.00%	3/1/2037	FL			131,184		95,421
Mortgage Loan ID#1000015314**	3.25%	3/1/2049	IN			125,433		95,329
Mortgage Loan ID#1000035224**	6.78%	5/1/2033	NY			115,687		95,165
Mortgage Loan ID#1000002359	8.63%	4/1/2037	NY			259,846		95,163
Mortgage Loan ID#1000026058**	6.13%	5/1/2034	TX			128,828		95,036
Mortgage Loan ID#1000029233**	9.60%	8/1/2034	FL			87,615		95,029
Mortgage Loan ID#1000016038**	6.99%	3/1/2037	DE			152,305		94,694
Mortgage Loan ID#1000000412**	2.63%	12/1/2037	DE			136,687		94,320
Mortgage Loan ID#1000038454**	6.50%	1/1/2038	NJ			127,627		94,271
Mortgage Loan ID#1000035535**	3.00%	3/1/2051	LA			118,182		93,732
Mortgage Loan ID#1000034882**	6.38%	7/1/2036	NJ			202,992		93,178
Mortgage Loan ID#1000029287**	4.00%	7/1/2037	FL			230,332		92,889
Mortgage Loan ID#1000001247	3.00%	11/1/2050	OH			268,021		92,574
Mortgage Loan ID#1000027941**	8.75%	10/1/2056	GA			189,174		92,524
Mortgage Loan ID#1000001910	3.00%	7/1/2047	NV			242,989		92,508
Mortgage Loan ID#1000017458**	4.25%	1/1/2055	VA			140,203		92,262
Mortgage Loan ID#1000015276**	5.50%	3/1/2056	PA			150,447		92,226
Mortgage Loan ID#1000038442**	4.13%	10/1/2053	OK			145,533		92,219
Mortgage Loan ID#1000043563**	3.88%	12/1/2037	FL			224,590		92,153
Mortgage Loan ID#1000029186	3.00%	11/1/2056	FL			209,233		92,104
Mortgage Loan ID#1000001827	8.50%	9/1/2037	IN			102,534		92,015
Mortgage Loan ID#1000001569	2.00%	6/1/2053	FL			163,026		91,449
Mortgage Loan ID#1000003513	2.38%	3/1/2037	GA			131,199		91,030
Mortgage Loan ID#1000043752**	6.99%	12/1/2036	OK			88,832		90,987
Mortgage Loan ID#1000014981**	3.50%	5/1/2056	IL			121,379		90,725
Mortgage Loan ID#1000001840	4.86%	2/1/2047	MN			161,593		90,547
Mortgage Loan ID#1000043257**	4.00%	10/1/2056	FL			191,030		90,425
Mortgage Loan ID#1000026016**	2.00%	10/1/2056	NM			246,338		90,320
Mortgage Loan ID#1000029316**	8.45%	8/1/2056	TX			90,910		90,290
Mortgage Loan ID#1000027668**	2.63%	1/1/2035	OH			154,476		90,052
Mortgage Loan ID#1000016053**	9.25%	4/1/2037	ME			119,370		89,344
Mortgage Loan ID#1000035314**	3.13%	1/1/2036	MD			218,268		89,289
Mortgage Loan ID#1000035732**	4.13%	8/1/2053	OR			142,991		88,508
Mortgage Loan ID#1000015597**	7.38%	9/1/2036	OH			113,195		88,449
Mortgage Loan ID#1000035573**	4.13%	8/1/2053	FL			116,534		88,075
Mortgage Loan ID#1000029172**	3.25%	9/1/2055	FL			118,319		87,858
Mortgage Loan ID#1000026604**	2.00%	11/1/2051	GA			167,661		87,677
Mortgage Loan ID#1000043928**	3.38%	1/1/2056	TX			113,167		87,288
Mortgage Loan ID#1000027258**	8.25%	11/1/2037	AL			116,072		87,270
Mortgage Loan ID#1000029170**	2.00%	1/1/2037	PA			145,173		87,069
Mortgage Loan ID#1000043981**	2.00%	9/1/2042	NC			121,415		86,998
Mortgage Loan ID#1000027126**	3.75%	4/1/2034	IL			158,133		86,714
Mortgage Loan ID#1000026059**	3.00%	10/1/2056	IL			498,095		86,565
Mortgage Loan ID#1000017455**	5.88%	8/1/2037	SC			131,955		86,433
Mortgage Loan ID#1000026110**	2.00%	10/1/2056	SC			230,201		86,219
Mortgage Loan ID#1000027397**	2.00%	2/1/2037	CT			260,453		86,048
Mortgage Loan ID#1000017321**	5.15%	7/1/2056	MD			175,070		85,867
Mortgage Loan ID#1000043977**	9.79%	11/1/2037	TX			125,161		85,319
Mortgage Loan ID#1000035629**	3.00%	8/1/2054	DE			175,063		84,810
Mortgage Loan ID#1000028922**	4.13%	10/1/2053	PA			214,496		84,806
Mortgage Loan ID#1000001128	5.00%	11/1/2036	FL			121,690		84,685
Mortgage Loan ID#1000029137**	2.00%	11/1/2044	FL			232,631		83,852
Mortgage Loan ID#1000003508	4.00%	7/1/2053	GA			113,852		83,569
Mortgage Loan ID#1000043833**	6.38%	2/1/2034	NY			115,112		83,565
Mortgage Loan ID#1000029401**	9.25%	8/1/2037	OH			88,721		83,097
Mortgage Loan ID#1000044193**	4.00%	11/1/2048	NC			150,652		82,931
Mortgage Loan ID#1000028909**	2.00%	9/1/2054	CA			172,762		82,783
Mortgage Loan ID#1000043946**	2.00%	7/1/2056	MA			159,198		81,680
Mortgage Loan ID#1000028156**	5.99%	6/1/2037	NJ			171,886		81,330
Mortgage Loan ID#1000043995**	2.00%	1/1/2045	IL			306,860		80,940
Mortgage Loan ID#1000027105**	8.75%	9/21/2037	OR			153,228		80,282
Mortgage Loan ID#1000016194**	6.88%	8/1/2018	NY			89,843		80,202
Mortgage Loan ID#1000029122	4.75%	6/1/2054	FL			167,763		80,041
Mortgage Loan ID#1000043804	5.00%	7/1/2056	NJ			510,143		79,967
Mortgage Loan ID#1000003506	3.38%	3/1/2056	MI			113,468		79,801
Mortgage Loan ID#1000038508**	4.50%	6/1/2047	NJ			234,727		79,552
Mortgage Loan ID#1000001822	2.00%	1/1/2051	FL			157,224		79,056
Mortgage Loan ID#1000001793	8.50%	9/1/2037	NY			84,867		78,451
Mortgage Loan ID#1000015260**	4.00%	12/1/2036	GA			90,098		78,362
Mortgage Loan ID#1000001968	5.00%	9/1/2037	IL			134,231		77,941
Mortgage Loan ID#1000029115**	3.00%	7/1/2037	CA			370,927		77,742
Mortgage Loan ID#1000027358**	7.80%	8/1/2056	IL			118,423		77,624
Mortgage Loan ID#1000028936**	5.00%	5/1/2054	NY			412,683		77,531
Mortgage Loan ID#1000029027**	4.63%	9/1/2056	AZ			304,456		77,243
Mortgage Loan ID#1000000440**	2.88%	1/1/2038	TX			88,195		77,200
Mortgage Loan ID#1000003627	3.00%	11/1/2052	WI			161,201		76,961
Mortgage Loan ID#1000027341**	8.55%	7/1/2029	TX			98,697		76,916
Mortgage Loan ID#1000003512	3.63%	11/1/2034	GA			99,673		76,710
Mortgage Loan ID#1000001948	7.63%	5/1/2037	VA			120,849		76,434
Mortgage Loan ID#1000043722**	6.78%	2/1/2037	PA			91,253		76,351
Mortgage Loan ID#1000029060**	2.00%	6/1/2054	LA			99,720		75,821
Mortgage Loan ID#1000026938**	7.64%	12/1/2036	NY			170,519		75,323
Mortgage Loan ID#1000017518**	3.38%	8/1/2055	NJ			171,793		74,446
Mortgage Loan ID#1000000563**	8.99%	2/1/2037	AZ			81,377		74,373
Mortgage Loan ID#1000026553	2.00%	3/1/2038	IL			285,953		74,349
Mortgage Loan ID#1000035041**	6.25%	11/1/2056	NJ			242,563		74,248
Mortgage Loan ID#1000025973**	3.00%	11/1/2054	PA			297,472		74,177
Mortgage Loan ID#1000029391**	7.61%	8/1/2040	FL			242,367		74,039
Mortgage Loan ID#1000044235**	6.85%	1/26/2036	NJ			90,853		73,678
Mortgage Loan ID#1000000706**	3.13%	8/1/2037	FL			231,992		73,376
Mortgage Loan ID#1000035363	2.75%	12/1/2024	CA			79,675		71,948
Mortgage Loan ID#1000026256**	8.75%	11/1/2035	FL			143,301		71,869
Mortgage Loan ID#1000027381**	11.50%	10/1/2035	NC			68,357		71,775
Mortgage Loan ID#1000015614**	2.63%	8/1/2036	FL			113,684		71,690
Mortgage Loan ID#1000029308**	5.88%	2/1/2022	MI			59,660		71,451
Mortgage Loan ID#1000028798**	4.84%	11/1/2036	OH			122,879		70,835
Mortgage Loan ID#1000027174**	4.25%	1/1/2056	MA			337,849		70,819
Mortgage Loan ID#1000034979**	3.13%	8/1/2056	IL			197,191		70,756
Mortgage Loan ID#1000015565**	8.70%	12/1/2034	NY			67,138		70,495
Mortgage Loan ID#1000000621**	4.50%	11/1/2053	KY			96,289		70,308
Mortgage Loan ID#1000015277**	4.88%	12/1/2053	MD			88,886		69,864
Mortgage Loan ID#1000017525**	4.00%	4/1/2055	MD			152,233		69,723
Mortgage Loan ID#1000017526**	2.00%	1/1/2042	IA			86,663		69,486
Mortgage Loan ID#1000001921	7.75%	5/1/2037	VA			130,093		69,070
Mortgage Loan ID#1000029385**	8.50%	5/1/2037	FL			178,830		68,876
Mortgage Loan ID#1000035844**	5.75%	9/1/2056	SC			231,665		68,564
Mortgage Loan ID#1000001464	3.00%	6/1/2055	IL			266,557		68,529
Mortgage Loan ID#1000028943**	2.00%	6/1/2053	FL			296,806		68,498
Mortgage Loan ID#1000002011	2.00%	8/1/2056	FL			483,145		67,468
Mortgage Loan ID#1000002006	7.75%	3/1/2037	FL			74,984		67,313
Mortgage Loan ID#1000028406**	7.50%	5/1/2035	NY			90,270		67,299
Mortgage Loan ID#1000003679	4.88%	5/1/2054	MI			120,027		67,281
Mortgage Loan ID#1000015272**	7.83%	2/1/2037	TX			63,728		66,915
Mortgage Loan ID#1000044279**	6.70%	7/1/2026	TX			66,139		66,747
Mortgage Loan ID#1000015939**	4.00%	9/1/2053	AZ			76,373		66,595
Mortgage Loan ID#1000015637**	4.25%	12/1/2054	AL			109,986		65,791
Mortgage Loan ID#1000016328**	6.25%	12/1/2034	NJ			138,797		65,510
Mortgage Loan ID#1000015651**	8.70%	6/1/2036	TX			62,838		65,381
Mortgage Loan ID#1000026712**	4.88%	1/1/2036	TX			82,006		65,025
Mortgage Loan ID#1000016784**	8.25%	5/1/2037	FL			197,654		64,862
Mortgage Loan ID#1000026506**	4.13%	2/1/2055	FL			112,478		64,329
Mortgage Loan ID#1000028465**	4.80%	2/1/2036	OR			127,615		64,326
Mortgage Loan ID#1000028413**	4.88%	12/1/2053	TX			71,617		64,297
Mortgage Loan ID#1000028161**	3.00%	2/1/2056	IL			238,765		63,890
Mortgage Loan ID#1000044142**	3.88%	10/1/2054	OH			127,725		63,717
Mortgage Loan ID#1000014997**	7.88%	12/1/2054	NY			60,540		63,567
Mortgage Loan ID#1000025958**	4.13%	11/1/2053	WI			128,833		63,386
Mortgage Loan ID#1000003504	4.00%	5/1/2055	AR			88,135		63,346
Mortgage Loan ID#1000002009	3.00%	7/1/2054	NJ			347,290		63,018
Mortgage Loan ID#1000043709**	4.13%	10/1/2056	MI			160,490		62,755
Mortgage Loan ID#1000044075**	11.99%	10/1/2029	PA			60,383		62,459
Mortgage Loan ID#1000044092**	6.99%	7/1/2024	PA			62,290		62,447
Mortgage Loan ID#1000001271	2.25%	9/1/2056	NJ			362,903		61,624
Mortgage Loan ID#1000015932	6.13%	10/1/2036	NY			62,543		61,561
Mortgage Loan ID#1000001800	7.88%	4/1/2037	NY			103,579		61,512
Mortgage Loan ID#1000015282**	2.00%	3/1/2051	LA			126,558		61,500
Mortgage Loan ID#1000001589	2.63%	10/1/2056	NJ			273,606		61,320
Mortgage Loan ID#1000026454**	2.00%	6/1/2051	IA			74,275		60,589
Mortgage Loan ID#1000026464**	7.50%	8/1/2035	WI			57,615		60,168
Mortgage Loan ID#1000015320**	4.00%	7/1/2039	DE			139,406		59,773
Mortgage Loan ID#1000027403**	5.38%	4/1/2036	WI			202,915		59,507
Mortgage Loan ID#1002229098	8.00%	12/1/2025	GA			56,503		59,328
Mortgage Loan ID#1000017401**	3.00%	1/1/2051	IN			108,355		59,281
Mortgage Loan ID#1000027318**	3.38%	9/1/2055	OH			84,608		59,021
Mortgage Loan ID#1000001233	2.00%	1/1/2047	IL			131,509		58,945
Mortgage Loan ID#1000028837**	7.13%	10/1/2028	OH			64,238		58,890
Mortgage Loan ID#1000025970**	7.00%	1/1/2037	SD			82,522		58,626
Mortgage Loan ID#1000025925**	5.36%	12/1/2035	NY			84,843		58,398
Mortgage Loan ID#1000025947**	4.25%	3/1/2055	KS			71,646		58,373
Mortgage Loan ID#1000035249**	9.00%	6/1/2027	NY			55,560		57,962
Mortgage Loan ID#1000026730**	7.83%	4/1/2048	FL			96,268		57,849
Mortgage Loan ID#1000015563**	4.00%	10/1/2053	LA			67,878		57,828
Mortgage Loan ID#1000043575**	5.88%	6/1/2036	NY			177,408		57,824
Mortgage Loan ID#1000016084	5.13%	1/1/2054	LA			71,734		57,548
Mortgage Loan ID#1000017087**	8.00%	8/1/2025	IL			60,419		57,033
Mortgage Loan ID#1000001834	8.75%	5/1/2037	NV			169,526		56,521
Mortgage Loan ID#1000026230**	7.25%	12/1/2035	FL			75,913		56,481
Mortgage Loan ID#1000029105**	3.88%	9/1/2053	OH			127,750		56,284
Mortgage Loan ID#7000014317	5.25%	3/1/2042	VA			130,847		55,944
Mortgage Loan ID#1000000376**	11.13%	10/1/2037	NY			53,400		55,575
Mortgage Loan ID#1000001546	4.88%	5/1/2054	NC			96,642		55,513
Mortgage Loan ID#1000043746**	4.88%	9/1/2056	CT			168,879		55,341
Mortgage Loan ID#1000043264**	3.25%	4/1/2056	OH			93,757		54,534
Mortgage Loan ID#1000027361**	7.45%	12/1/2025	LA			54,135		53,994
Mortgage Loan ID#1000029244**	6.47%	8/1/2036	TX			53,867		53,697
Mortgage Loan ID#1000017351**	2.88%	4/1/2036	KS			86,782		53,668
Mortgage Loan ID#1000027348**	5.15%	10/1/2034	KY			77,307		53,562
Mortgage Loan ID#1000015257**	3.25%	8/1/2055	PA			161,615		53,550
Mortgage Loan ID#1000027380**	4.00%	5/1/2055	TX			101,644		52,799
Mortgage Loan ID#1000044181**	6.75%	6/1/2037	MI			136,033		52,564
Mortgage Loan ID#1000002117	5.14%	5/1/2037	NJ			465,434		52,336
Mortgage Loan ID#1000027952**	4.88%	2/1/2037	IN			135,791		52,101
Mortgage Loan ID#1000026763**	11.75%	4/1/2020	NY			52,577		52,073
Mortgage Loan ID#1000015558**	4.88%	7/1/2054	NY			65,356		51,558
Mortgage Loan ID#1000043424**	7.38%	6/1/2026	AL			50,021		51,501
Mortgage Loan ID#1000017252**	7.00%	9/1/2028	NY			50,681		51,465
Mortgage Loan ID#1000015261**	4.88%	8/1/2054	PA			117,689		51,200
Mortgage Loan ID#1000026554**	10.68%	11/6/2027	GA			49,475		51,198
Mortgage Loan ID#1000015906**	3.50%	1/1/2056	TX			62,026		51,070
Mortgage Loan ID#1000029162**	7.50%	8/1/2035	LA			118,237		51,070
Mortgage Loan ID#1000044196**	7.99%	1/1/2036	MD			148,017		50,770
Mortgage Loan ID#1000043222**	3.49%	5/1/2025	CA			55,164		50,548
Mortgage Loan ID#1000029399**	2.00%	7/1/2037	MD			109,340		50,529
Mortgage Loan ID#7000003524	4.75%	7/1/2040	CA			162,493		50,469
Mortgage Loan ID#1000029163**	5.04%	2/1/2037	PA			99,074		50,239
Mortgage Loan ID#1000025927**	4.61%	5/1/2036	ID			60,966		49,738
Mortgage Loan ID#1000015268**	4.85%	10/1/2050	FL			159,583		48,843
Mortgage Loan ID#1000029010**	3.00%	9/1/2044	FL			120,026		48,706
Mortgage Loan ID#1000029423**	3.40%	6/1/2044	TX			91,983		48,548
Mortgage Loan ID#1000027209**	4.63%	8/1/2054	IL			178,052		48,383
Mortgage Loan ID#1000043439	8.99%	5/1/2032	IN			65,323		47,964
Mortgage Loan ID#1000027992**	3.13%	9/1/2035	IL			77,988		47,798
Mortgage Loan ID#1000026461**	8.60%	7/1/2034	TX			55,070		47,321
Mortgage Loan ID#1000001521	2.00%	7/1/2051	NE			117,308		47,197
Mortgage Loan ID#1000025935**	4.13%	8/1/2053	PA			210,627		47,046
Mortgage Loan ID#1000043847**	8.95%	3/7/2037	UT			45,230		47,018
Mortgage Loan ID#1000016159**	6.75%	11/1/2036	NY			169,119		46,635
Mortgage Loan ID#1000015553**	10.99%	4/1/2015	NY			44,036		46,238
Mortgage Loan ID#1000034867	4.00%	8/1/2053	WI			71,300		46,185
Mortgage Loan ID#1000000363**	11.63%	10/1/2037	NY			44,083		45,860
Mortgage Loan ID#1000016908**	5.00%	2/1/2019	CA			46,758		45,104
Mortgage Loan ID#1000015564**	8.00%	3/1/2024	MS			43,762		44,578
Mortgage Loan ID#7000044223	4.25%	2/1/2044	CA			182,328		44,515
Mortgage Loan ID#1000025995**	4.13%	8/1/2053	AL			77,307		44,390
Mortgage Loan ID#1000017447**	8.15%	2/1/2036	AL			65,976		44,378
Mortgage Loan ID#1000044291**	3.25%	9/1/2048	TN			83,986		44,172
Mortgage Loan ID#1000044171**	4.00%	9/1/2053	IL			269,379		43,823
Mortgage Loan ID#1000044266**	8.95%	10/1/2036	NY			57,785		43,474
Mortgage Loan ID#1000026055**	2.60%	7/1/2056	FL			181,614		43,215
Mortgage Loan ID#1000034773**	5.13%	5/1/2050	PA			69,192		43,028
Mortgage Loan ID#1000000641**	8.00%	1/1/2037	TX			49,139		��                     42,997
Mortgage Loan ID#1000015573**	4.13%	12/1/2056	NC			92,262		42,985
Mortgage Loan ID#1000044152**	5.00%	4/1/2054	MO			71,909		42,975
Mortgage Loan ID#1000015907**	7.50%	2/1/2037	TX			41,231		42,826
Mortgage Loan ID#1000027625**	4.88%	2/1/2054	WI			170,894		42,681
Mortgage Loan ID#1000017142**	3.52%	3/1/2017	NY			42,139		��               42,341
Mortgage Loan ID#1000000663**	9.85%	1/1/2037	NY			59,525		41,970
Mortgage Loan ID#1000015945**	3.13%	2/1/2037	IL			77,911		40,946
Mortgage Loan ID#1000025933**	7.00%	4/1/2039	AL			52,236		40,841
Mortgage Loan ID#1000029247**	2.00%	6/1/2053	TX			59,469		40,531
Mortgage Loan ID#1000003477	2.00%	1/1/2052	MS			123,578		40,259
Mortgage Loan ID#1000028966**	4.38%	8/1/2056	ME			149,718		40,012
Mortgage Loan ID#1000028449**	9.00%	6/1/2046	AL			44,861		39,612
Mortgage Loan ID#1000027130**	4.00%	9/1/2056	LA			100,809		39,418
Mortgage Loan ID#1000026187**	4.50%	10/1/2054	PA			113,627		38,970
Mortgage Loan ID#1000002535	2.00%	3/1/2037	CA			200,129		38,678
Mortgage Loan ID#1000029201**	3.00%	8/1/2056	WI			160,428		37,729
Mortgage Loan ID#1000028377**	9.63%	4/1/2034	IN			47,497		37,362
Mortgage Loan ID#1000044088**	8.35%	9/1/2034	AR			59,718		37,164
Mortgage Loan ID#1000026584**	7.38%	9/1/2046	FL			117,236		37,074
Mortgage Loan ID#1000043727**	5.63%	9/1/2056	IN			169,401		36,945
Mortgage Loan ID#1000003418	2.00%	3/1/2037	NY			103,994		36,813
Mortgage Loan ID#1000027252**	4.50%	11/1/2053	WI			126,129		36,721
Mortgage Loan ID#7000004746	4.75%	10/1/2040	CA			92,137		36,156
Mortgage Loan ID#1000029211**	6.47%	6/1/2032	PA			60,640		35,932
Mortgage Loan ID#1000015971	2.00%	2/1/2038	IL			73,383		35,728
Mortgage Loan ID#1000015972**	6.98%	4/1/2037	FL			96,044		35,697
Mortgage Loan ID#1000029342**	2.00%	8/1/2037	IA			66,994		35,696
Mortgage Loan ID#1000025920**	3.75%	11/1/2055	MI			56,386		35,615
Mortgage Loan ID#1000043371**	9.00%	10/1/2056	OH			69,685		34,455
Mortgage Loan ID#1000016883**	8.40%	1/1/2036	NJ			151,309		34,063
Mortgage Loan ID#1000017233**	8.00%	10/1/2019	TN			33,983		33,992
Mortgage Loan ID#1000001759	6.38%	12/1/2036	OK			40,417		33,708
Mortgage Loan ID#1000043557**	3.38%	1/1/2019	NY			44,528		33,403
Mortgage Loan ID#1000001792	2.00%	6/1/2054	SC			97,456		33,286
Mortgage Loan ID#1000036023**	6.65%	10/1/2056	OH			86,667		33,025
Mortgage Loan ID#1000025939**	4.00%	4/1/2054	KY			87,585		31,692
Mortgage Loan ID#7000000337	5.00%	9/1/2039	NM			106,000		31,115
Mortgage Loan ID#1000001762	6.63%	12/1/2036	OK			37,429		30,946
Mortgage Loan ID#1000043768**	4.88%	4/1/2047	MD			56,729		29,632
Mortgage Loan ID#1000029080**	4.38%	12/1/2053	IA			82,241		29,601
Mortgage Loan ID#1000029277**	4.63%	10/1/2054	IN			83,816		29,575
Mortgage Loan ID#1000001753	8.38%	6/1/2036	NY			36,456		29,415
Mortgage Loan ID#1000014995**	3.25%	7/1/2018	CT			31,158		29,411
Mortgage Loan ID#1000015867**	7.63%	10/1/2046	OH			70,188		28,971
Mortgage Loan ID#1000026986**	3.25%	9/1/2055	AL			162,209		28,969
Mortgage Loan ID#1000043430**	2.00%	1/1/2035	NJ			34,462		28,604
Mortgage Loan ID#1000025922**	4.13%	8/1/2053	OK			61,876		28,388
Mortgage Loan ID#1000016645**	3.13%	11/1/2019	FL			32,303		28,375
Mortgage Loan ID#1000043664**	5.13%	1/1/2056	WI			167,017		28,346
Mortgage Loan ID#7000030265	4.88%	3/1/2043	OR			79,076		27,394
Mortgage Loan ID#1000003417	1.00%	3/1/2022	NY			108,429		27,243
Mortgage Loan ID#1000002951	4.00%	3/1/2037	NY			127,420		26,706
Mortgage Loan ID#1000043210**	9.00%	10/1/2039	VA			88,744		25,994
Mortgage Loan ID#1000028818**	2.00%	12/1/2035	WI			195,443		25,972
Mortgage Loan ID#1000003366	10.75%	3/1/2022	NY			24,638		24,638
Mortgage Loan ID#1000043353**	9.64%	2/1/2047	OH			107,055		23,484
Mortgage Loan ID#1000016696**	6.54%	5/1/2018	NY			24,092		23,338
Mortgage Loan ID#1000002907	3.00%	8/1/2032	FL			119,662		23,058
Mortgage Loan ID#1000025991**	2.00%	7/1/2056	NM			148,992		21,835
Mortgage Loan ID#1000036019**	8.75%	1/1/2019	SC			22,016		21,423
Mortgage Loan ID#1000034873**	7.38%	10/1/2034	NJ			63,813		20,989
Mortgage Loan ID#1000000380**	12.50%	11/1/2037	MO			29,308		20,624
Mortgage Loan ID#7000018838	6.75%	7/1/2042	MD			52,651		20,158
Mortgage Loan ID#1000003336	3.00%	3/1/2022	NJ			70,398		20,005
Mortgage Loan ID#1000003201	5.63%	4/15/2032	RI			59,706		19,850
Mortgage Loan ID#1000001795	5.00%	8/1/2037	VA			78,603		19,501
Mortgage Loan ID#1000043793**	8.50%	1/1/2019	NY			18,591		18,776
Mortgage Loan ID#7000000429	5.00%	9/1/2039	CA			50,666		18,714
Mortgage Loan ID#7000003226	3.00%	6/1/2040	CA			80,391		18,108
Mortgage Loan ID#1000016586**	3.13%	4/1/2018	CT			23,562		18,108
Mortgage Loan ID#7000020155	5.50%	8/1/2027	CA			24,502		17,863
Mortgage Loan ID#1000029236**	10.90%	3/1/2037	FL			60,318		17,309
Mortgage Loan ID#1000003269	8.63%	3/1/2032	AZ			47,441		16,796
Mortgage Loan ID#1000002467	6.75%	3/9/2028	AZ			54,614		16,205
Mortgage Loan ID#1000002916	1.00%	9/1/2049	CA			78,265		16,154
Mortgage Loan ID#1000002521	14.13%	5/1/2022	TX			73,876		15,775
Mortgage Loan ID#1000003409	4.00%	4/1/2037	NY			98,132		15,146
Mortgage Loan ID#1000003386	10.38%	8/1/2022	FL			64,985		14,703
Mortgage Loan ID#1000003793	10.75%	4/1/2032	MI			41,314		14,483
Mortgage Loan ID#1000003757	12.50%	1/1/2037	MD			24,070		14,361
Mortgage Loan ID#1000043682**	2.00%	9/1/2052	IL			109,009		14,215
Mortgage Loan ID#1000035248**	3.38%	8/1/2018	PA			14,792		13,624
Mortgage Loan ID#1000003379	5.50%	5/1/2037	IL			78,200		13,550
Mortgage Loan ID#1000003014	5.88%	8/15/2032	MT			41,616		13,017
Mortgage Loan ID#1000003265	12.75%	2/1/2022	TX			47,615		12,849
Mortgage Loan ID#1000003288	6.38%	4/15/2032	NY			50,021		12,716
Mortgage Loan ID#1000003284	10.50%	3/1/2037	NC			49,472		12,496
Mortgage Loan ID#1000003330	10.88%	3/1/2022	NY			61,404		12,483
Mortgage Loan ID#1000003131	4.00%	3/1/2022	NV			17,231		12,429
Mortgage Loan ID#1000003393	4.00%	4/1/2037	VA			78,696		12,331
Mortgage Loan ID#1000003380	4.23%	9/1/2037	CA			79,333		12,330
Mortgage Loan ID#1000043985**	8.60%	7/1/2056	IL			93,488		12,287
Mortgage Loan ID#1000003048	4.00%	8/15/2032	NY			42,236		12,027
Mortgage Loan ID#1000003314	10.25%	4/1/2022	UT			41,860		11,752
Mortgage Loan ID#1000003338	9.13%	4/1/2037	NY			65,131		11,704
Mortgage Loan ID#1000003295	10.75%	2/1/2022	IL			30,808		11,676
Mortgage Loan ID#1000003425	6.15%	3/1/2037	CA			58,818		11,567
Mortgage Loan ID#1000003266	10.63%	1/1/2037	NC			43,426		11,295
Mortgage Loan ID#1000002455	5.64%	9/1/2037	AZ			60,845		11,216
Mortgage Loan ID#1000002985	10.88%	2/1/2022	CA			50,216		11,158
Mortgage Loan ID#1000003373	7.41%	4/1/2037	NY			61,386		10,883
Mortgage Loan ID#1000001756	3.00%	3/1/2047	NY			59,417		10,833
Mortgage Loan ID#1000001120	7.50%	5/1/2020	NY			47,436		10,661
Mortgage Loan ID#1000003006	6.63%	4/15/2032	NY			31,939		10,315
Mortgage Loan ID#5000003989	0.00%	11/1/2024	NV			19,574		9,755
Mortgage Loan ID#1000002439	5.50%	4/1/2038	AZ			64,178		9,611
Mortgage Loan ID#7000001895	5.25%	3/1/2040	CA			23,506		8,986
Mortgage Loan ID#1000003819	6.00%	4/1/2037	GA			81,795		8,894
Mortgage Loan ID#1000003155	10.63%	3/1/2032	FL			40,581		8,627
Mortgage Loan ID#1000003936**	3.63%	3/1/2056	WI			89,996		8,553
Mortgage Loan ID#7000057184	4.50%	10/1/2028	AZ			19,461		8,479
Mortgage Loan ID#1000003752	1.00%	12/1/2040	MD			78,715		8,471
Mortgage Loan ID#1000003980	5.38%	4/1/2039	CT			31,074		8,383
Mortgage Loan ID#1000003029	8.25%	3/1/2022	FL			34,020		8,328
Mortgage Loan ID#1000003331	9.25%	4/1/2022	IL			36,835		8,217
Mortgage Loan ID#1000003298	10.50%	7/1/2022	TX			35,449		8,205
Mortgage Loan ID#1000003808	9.50%	4/1/2037	NH			33,447		8,179
Mortgage Loan ID#1000043745**	3.25%	8/1/2016	NJ			10,432		8,023
Mortgage Loan ID#1000002468	7.25%	2/5/2028	AZ			14,117		7,987
Mortgage Loan ID#1000003794	11.25%	4/1/2037	WI			43,877		7,878
Mortgage Loan ID#1000002434	8.00%	3/30/2028	AZ			25,759		7,741
Mortgage Loan ID#1000002452	5.99%	9/4/2023	AZ			20,226		7,626
Mortgage Loan ID#7000000222	3.38%	4/1/2039	MO			31,243		7,604
Mortgage Loan ID#1000003329	6.93%	3/1/2037	VA			26,090		7,591
Mortgage Loan ID#1000003277	5.50%	4/1/2037	NV			46,449		7,433
Mortgage Loan ID#6000000582	1.00%	11/1/2038	NY			57,070		7,404
Mortgage Loan ID#1000003280	2.00%	10/1/2037	AZ			62,508		7,384
Mortgage Loan ID#1000003042	9.63%	4/1/2022	VA			63,480		7,255
Mortgage Loan ID#5000004012	0.00%	11/1/2020	FL			181,852		7,238
Mortgage Loan ID#1000003274	7.45%	4/1/2037	NV			37,058		7,220
Mortgage Loan ID#7000016846	5.38%	4/1/2027	FL			13,748		7,163
Mortgage Loan ID#1000002475	7.25%	3/24/2028	AZ			23,661		7,110
Mortgage Loan ID#1000002442	7.50%	5/22/2026	AZ			21,133		7,076
Mortgage Loan ID#1000015928**	10.25%	9/1/2019	GA			7,981		6,777
Mortgage Loan ID#1000002474	7.25%	2/8/2028	AZ			22,928		6,756
Mortgage Loan ID#1000003407	2.00%	5/1/2037	CA			56,127		6,614
Mortgage Loan ID#1000002453	7.50%	1/7/2028	AZ			20,602		6,495
Mortgage Loan ID#7000021621	5.50%	1/1/2028	CA			10,906		6,477
Mortgage Loan ID#1000003227	6.00%	8/1/2022	OR			23,089		6,292
Mortgage Loan ID#1000003146	12.13%	3/1/2037	NC			14,141		6,242
Mortgage Loan ID#1000003430	2.00%	11/1/2050	VA			65,021		6,225
Mortgage Loan ID#1000003318	4.78%	9/1/2037	CA			44,996		6,189
Mortgage Loan ID#7000524032	5.00%	7/1/2045	CA			23,824		6,185
Mortgage Loan ID#1000003420	2.00%	6/1/2051	NY			97,766		6,178
Mortgage Loan ID#7000036678	5.00%	8/1/2028	FL			17,967		6,155
Mortgage Loan ID#1000003186	13.63%	2/1/2022	VA			17,670		6,089
Mortgage Loan ID#1000003224	8.75%	2/1/2022	PA			21,290		5,876
Mortgage Loan ID#1000028827**	5.38%	10/1/2036	IL			301,644		5,853
Mortgage Loan ID#1000002445	8.50%	4/9/2028	AZ			17,764		5,808
Mortgage Loan ID#1000002462	7.00%	4/24/2026	AZ			17,469		5,713
Mortgage Loan ID#7000016879	5.38%	4/1/2027	CA			11,140		5,670
Mortgage Loan ID#1000003200	5.65%	4/1/2037	FL			39,090		5,591
Mortgage Loan ID#1000003215	12.50%	3/1/2022	TX			17,221		5,546
Mortgage Loan ID#1000003007	6.58%	4/1/2037	NJ			28,667		5,507
Mortgage Loan ID#1000002530	6.00%	2/1/2039	PA			61,677		5,480
Mortgage Loan ID#7000032686	0.50%	5/1/2043	VA			46,118		5,466
Mortgage Loan ID#1000002459	6.01%	4/1/2028	AZ			15,993		5,377
Mortgage Loan ID#1000017272**	3.38%	1/1/2018	NY			5,533		5,294
Mortgage Loan ID#1000003077	13.25%	3/1/2022	NM			20,147		5,257
Mortgage Loan ID#1000003011	4.87%	4/1/2037	CA			40,276		5,235
Mortgage Loan ID#1000003003	9.63%	3/1/2022	IL			20,404		5,230
Mortgage Loan ID#7000037380	3.38%	8/1/2028	DE			14,538		5,160
Mortgage Loan ID#7000014197	5.25%	1/1/2042	FL			16,877		5,107
Mortgage Loan ID#1000002427	7.01%	5/1/2038	AZ			27,559		5,074
Mortgage Loan ID#1000002426	8.50%	3/30/2028	AZ			17,882		5,067
Mortgage Loan ID#1000003413	4.91%	3/1/2037	NY			58,128		5,014
Mortgage Loan ID#1000003789	12.63%	12/1/2036	WI			24,889		4,925
Mortgage Loan ID#1000003378	1.00%	11/1/2051	CA			111,859		4,900
Mortgage Loan ID#1000003106	9.38%	4/1/2022	TX			19,158		4,885
Mortgage Loan ID#1000002983	4.82%	4/1/2039	AZ			32,441		4,795
Mortgage Loan ID#1000003189	1.00%	3/1/2037	FL			39,175		4,729
Mortgage Loan ID#7000029305	5.00%	5/1/2028	PA			11,248		4,698
Mortgage Loan ID#1000003079	6.13%	4/20/2031	HI			16,567		4,669
Mortgage Loan ID#1000003104	13.38%	8/1/2021	OH			22,365		4,478
Mortgage Loan ID#1000003347	1.00%	2/1/2038	NY			50,840		4,472
Mortgage Loan ID#7000040113	5.50%	9/1/2028	FL			9,783		4,407
Mortgage Loan ID#1000003272	2.38%	3/1/2037	AZ			39,149		4,294
Mortgage Loan ID#1000003065	2.00%	5/1/2036	PA			31,813		4,242
Mortgage Loan ID#7000034325	5.00%	5/1/2028	AL			10,626		4,189
Mortgage Loan ID#1000002998	3.00%	2/1/2037	OH			70,475		4,155
Mortgage Loan ID#1000003356	1.00%	6/1/2052	NY			81,825		4,153
Mortgage Loan ID#1000003363	3.00%	2/1/2037	NY			53,577		3,999
Mortgage Loan ID#1000003151	13.75%	3/1/2022	MN			29,817		3,961
Mortgage Loan ID#1000003067	1.00%	4/1/2038	UT			47,452		3,905
Mortgage Loan ID#1000002425	8.75%	1/22/2028	AZ			5,801		3,769
Mortgage Loan ID#1000003387	5.50%	4/1/2037	NY			61,053		3,734
Mortgage Loan ID#1000003802	11.50%	4/1/2037	MA			56,944		3,691
Mortgage Loan ID#7000049512	5.00%	10/1/2028	FL			8,081		3,646
Mortgage Loan ID#1000003775	10.00%	4/1/2037	MI			12,689		3,579
Mortgage Loan ID#1000003983	4.75%	6/1/2039	CT			11,616		3,539
Mortgage Loan ID#7000144524	4.00%	3/1/2044	NV			16,196		3,476
Mortgage Loan ID#7000056207	5.13%	10/1/2028	AZ			7,825		3,402
Mortgage Loan ID#7000227562	4.00%	6/1/2044	CA			13,646		3,381
Mortgage Loan ID#1000003392	1.00%	11/1/2039	NY			38,334		3,254
Mortgage Loan ID#1000000614	6.00%	12/1/2039	IN			10,110		3,195
Mortgage Loan ID#1000002531	1.00%	2/1/2044	NY			51,313		2,993
Mortgage Loan ID#1000003212	13.25%	4/1/2022	PA			29,222		2,945
Mortgage Loan ID#1000002972	12.88%	1/1/2022	PA			18,955		2,914
Mortgage Loan ID#7000044724	4.50%	9/1/2028	IL			14,498		2,908
Mortgage Loan ID#1000003591	8.38%	4/15/2032	GA			8,174		2,883
Mortgage Loan ID#1000003090	11.63%	3/1/2022	TX			6,773		2,810
Mortgage Loan ID#1000003218	5.00%	4/1/2037	VA			49,706		2,719
Mortgage Loan ID#7000026184	4.38%	1/1/2046	TN			14,100		2,705
Mortgage Loan ID#1000003073	8.00%	3/1/2027	NV			8,623		2,700
Mortgage Loan ID#7000036752	5.50%	8/1/2028	MN			63,358		2,681
Mortgage Loan ID#1000003203	9.50%	3/1/2022	VA			23,924		2,630
Mortgage Loan ID#7000275218	4.00%	8/1/2044	IN			11,947		2,525
Mortgage Loan ID#1000002569	4.00%	5/1/2037	FL			62,010		2,470
Mortgage Loan ID#7000098633	4.50%	2/1/2044	FL			6,971		2,442
Mortgage Loan ID#1000003768	6.88%	3/1/2037	TN			16,838		2,417
Mortgage Loan ID#7000037510	5.00%	9/1/2028	CT			4,459		2,210
Mortgage Loan ID#1000002905	4.00%	4/1/2037	MN			74,290		2,065
Mortgage Loan ID#1000003115	1.00%	5/1/2038	NJ			27,265		2,028
Mortgage Loan ID#7000038883	5.00%	9/1/2028	MI			17,735		2,026
Mortgage Loan ID#1000003961	4.81%	1/1/2037	NJ			30,287		1,993
Mortgage Loan ID#7000242451	3.75%	7/1/2044	FL			11,863		1,967
Mortgage Loan ID#1000003059	1.00%	7/1/2038	AZ			18,071		1,936
Mortgage Loan ID#7000106608	5.00%	2/1/2029	CA			13,203		1,905
Mortgage Loan ID#7000036523	6.00%	9/1/2043	IL			4,426		1,891
Mortgage Loan ID#1000003767	3.00%	12/1/2036	TN			16,799		1,879
Mortgage Loan ID#7000362626	3.00%	11/1/2044	FL			9,821		1,848
Mortgage Loan ID#1000003255	12.13%	3/1/2022	MN			2,892		1,801
Mortgage Loan ID#1000002238	2.00%	7/1/2053	FL			23,018		1,780
Mortgage Loan ID#7000032678	4.00%	5/1/2028	OH			4,697		1,771
Mortgage Loan ID#7000001222	5.00%	2/1/2040	TX			10,788		1,750
Mortgage Loan ID#1000003220	1.00%	6/1/2052	IL			38,723		1,656
Mortgage Loan ID#1000003303	9.63%	3/1/2022	VA			18,393		1,644
Mortgage Loan ID#1000003815	2.00%	12/1/2048	MD			19,462		1,577
Mortgage Loan ID#7000314799	5.00%	10/1/2029	OH			4,704		1,570
Mortgage Loan ID#1000003102	13.00%	4/1/2022	NY			13,316		1,405
Mortgage Loan ID#1000003807	1.00%	5/1/2044	MD			23,846		1,288
Mortgage Loan ID#1000003317	6.50%	2/1/2037	NJ			53,632		1,252
Mortgage Loan ID#7000036539	4.88%	7/1/2028	IL			6,520		1,205
Mortgage Loan ID#1000002992	9.88%	1/1/2022	WY			8,509		953
Mortgage Loan ID#1000003783	6.00%	3/1/2037	AR			11,276		884
Mortgage Loan ID#1000003088	8.90%	3/1/2037	TX			12,832		845
Mortgage Loan ID#1000029182**	5.98%	8/1/2056	FL			192,372		802
Mortgage Loan ID#1000003044	12.38%	3/1/2022	FL			30,262		613
Mortgage Loan ID#1000003019	1.00%	6/1/2054	FL			31,742		444
Mortgage Loan ID#1000003096	11.25%	2/1/2022	TX			11,653		424
Mortgage Loan ID#1000027712**	7.75%	4/5/2021	TX			202		194
Mortgage Loan ID#7000030263	5.00%	8/1/2028	WI			5,430		-
Mortgage Loan ID#5000004018	0.00%	9/1/2016	FL			750		-
Mortgage Loan ID#7000063645	5.00%	9/1/2028	VA			11,882		-
Mortgage Loan ID#5000003985	0.00%	4/1/2016	ME			4,375		-
Mortgage Loan ID#5000003997	0.00%	12/1/2016	ID			260		-
Mortgage Loan ID#5000004007	0.00%	8/1/2017	CA			4,000		-
Mortgage Loan ID#7000038874	6.00%	8/1/2028	OH			10,848		-
Mortgage Loan ID#1000000581	5.50%	8/1/2039	WA			49,291		-
Mortgage Loan ID#7000033764	5.00%	7/1/2028	IL			13,357		-
Mortgage Loan ID#1000003956	8.50%	12/1/2036	AL			52,170		-
Mortgage Loan ID#7000004323	2.00%	8/1/2040	FL			121,631		-
Mortgage Loan ID#1000025930	3.00%	2/1/2056	MS			41,098		-
Mortgage Loan ID#1000025950	4.63%	9/1/2054	IL			102,093		-
Mortgage Loan ID#1000001468	0.00%	12/1/2023	NY			10,000		-
Mortgage Loan ID#1000002406	10.25%	11/1/2020	IL			49,062		-
Mortgage Loan ID#1000002417	6.50%	11/1/2037	AZ			50,399		-
Mortgage Loan ID#1000002422	10.25%	5/12/2028	AZ			13,386		-
Mortgage Loan ID#1000002484	1.00%	1/1/2052	IL			37,013		-
Mortgage Loan ID#1000002513	8.37%	10/1/2036	NJ			74,519		-
Mortgage Loan ID#1000002517	1.00%	4/1/2037	DC			29,170		-
Mortgage Loan ID#1000002519	13.38%	3/1/2022	NJ			85,620		-
Mortgage Loan ID#1000002526	9.50%	7/1/2031	NJ			50,000		-
Mortgage Loan ID#1000002527	2.00%	12/1/2036	NJ			20,463		-
Mortgage Loan ID#1000002528	2.00%	3/1/2037	NJ			132,028		-
Mortgage Loan ID#1000002533	12.75%	3/1/2022	NY			179,088		-
Mortgage Loan ID#1000002534	2.00%	9/1/2022	NJ			108,500		-
Mortgage Loan ID#1000002538	2.00%	6/1/2036	NY			88,216		-
Mortgage Loan ID#1000002553	1.00%	5/1/2054	NV			45,835		-
Mortgage Loan ID#1000002564	5.68%	9/1/2037	FL			48,684		-
Mortgage Loan ID#1000002567	11.50%	2/1/2022	VA			58,649		-
Mortgage Loan ID#1000002568	10.75%	4/1/2022	IL			52,139		-
Mortgage Loan ID#1000002571	2.00%	7/1/2036	NJ			85,612		-
Mortgage Loan ID#1000002575	4.63%	11/1/2036	NY			85,801		-
Mortgage Loan ID#1000002580	3.10%	3/1/2036	NY			86,665		-
Mortgage Loan ID#1000002582	12.75%	4/1/2021	NY			103,510		-
Mortgage Loan ID#1000002594	12.25%	11/1/2021	IL			13,368		-
Mortgage Loan ID#1000002619	2.00%	11/1/2036	FL			19,395		-
Mortgage Loan ID#1000002649	13.00%	1/1/2022	FL			40,803		-
Mortgage Loan ID#1000002681	14.00%	3/1/2022	FL			67,464		-
Mortgage Loan ID#1000002723	6.00%	3/1/2022	AZ			33,767		-
Mortgage Loan ID#1000002726	13.50%	4/15/2032	FL			41,392		-
Mortgage Loan ID#1000002737	2.00%	2/1/2022	TX			19,418		-
Mortgage Loan ID#1000002758	11.00%	4/1/2022	FL			25,063		-
Mortgage Loan ID#1000002768	11.38%	2/1/2022	AZ			21,809		-
Mortgage Loan ID#1000002770	12.25%	6/1/2031	FL			39,977		-
Mortgage Loan ID#1000002784	12.63%	2/1/2022	FL			83,881		-
Mortgage Loan ID#1000002785	14.25%	5/1/2022	FL			28,347		-
Mortgage Loan ID#1000002791	11.38%	4/1/2022	FL			41,930		-
Mortgage Loan ID#1000002796	11.25%	4/1/2022	IL			48,863		-
Mortgage Loan ID#1000002797	12.75%	1/1/2022	FL			30,544		-
Mortgage Loan ID#1000002803	10.88%	3/1/2022	IL			55,217		-
Mortgage Loan ID#1000002835	10.50%	5/1/2022	NJ			58,382		-
Mortgage Loan ID#1000002848	14.25%	9/1/2021	NJ			75,905		-
Mortgage Loan ID#1000002869	1.00%	3/1/2037	CA			78,824		-
Mortgage Loan ID#1000002874	12.50%	3/1/2022	NY			86,796		-
Mortgage Loan ID#1000002904	6.00%	3/1/2022	NY			48,338		-
Mortgage Loan ID#1000002909	2.00%	7/1/2036	FL			79,045		-
Mortgage Loan ID#1000002915	1.00%	2/1/2022	NY			135,226		-
Mortgage Loan ID#1000002919	12.25%	2/1/2022	NY			108,421		-
Mortgage Loan ID#1000002931	11.63%	4/1/2022	NY			111,295		-
Mortgage Loan ID#1000002934	11.75%	3/1/2022	CA			63,761		-
Mortgage Loan ID#1000002970	9.63%	1/1/2022	CA			55,487		-
Mortgage Loan ID#1000002978	9.38%	3/1/2022	FL			20,302		-
Mortgage Loan ID#1000002981	10.50%	1/1/2022	OH			22,827		-
Mortgage Loan ID#1000002987	10.13%	7/1/2021	CA			59,712		-
Mortgage Loan ID#1000002997	5.13%	4/1/2037	NY			55,102		-
Mortgage Loan ID#1000002999	10.75%	2/1/2022	TX			25,151		-
Mortgage Loan ID#1000003000	1.00%	3/1/2037	AZ			57,052		-
Mortgage Loan ID#1000003027	10.50%	3/1/2022	FL			50,213		-
Mortgage Loan ID#1000003038	4.13%	1/1/2037	IL			46,985		-
Mortgage Loan ID#1000003041	11.63%	3/1/2022	IL			63,587		-
Mortgage Loan ID#1000003049	10.13%	8/1/2022	CA			25,163		-
Mortgage Loan ID#1000003068	9.01%	1/1/2037	FL			18,958		-
Mortgage Loan ID#1000003071	4.71%	5/1/2032	FL			25,139		-
Mortgage Loan ID#1000003092	12.13%	2/1/2022	PA			6,657		-
Mortgage Loan ID#1000003094	7.30%	3/1/2037	TX			20,228		-
Mortgage Loan ID#1000003101	5.50%	2/1/2037	FL			50,730		-
Mortgage Loan ID#1000003109	2.00%	2/1/2037	FL			35,207		-
Mortgage Loan ID#1000003111	9.88%	8/1/2022	AZ			36,273		-
Mortgage Loan ID#1000003147	3.00%	4/1/2037	FL			45,801		-
Mortgage Loan ID#1000003164	12.50%	3/1/2022	FL			51,085		-
Mortgage Loan ID#1000003179	9.50%	3/1/2022	AZ			30,304		-
Mortgage Loan ID#1000003192	2.00%	9/1/2036	CA			39,923		-
Mortgage Loan ID#1000003207	1.00%	3/1/2022	WA			39,095		-
Mortgage Loan ID#1000003208	8.84%	10/1/2036	PA			45,180		-
Mortgage Loan ID#1000003213	10.25%	3/1/2022	TX			43,985		-
Mortgage Loan ID#1000003226	5.50%	2/1/2037	FL			24,637		-
Mortgage Loan ID#1000003229	1.00%	5/1/2038	PA			35,144		-
Mortgage Loan ID#1000003243	1.00%	3/1/2037	CA			63,487		-
Mortgage Loan ID#1000003246	10.75%	3/1/2022	NJ			46,826		-
Mortgage Loan ID#1000003251	6.50%	5/1/2037	CA			88,732		-
Mortgage Loan ID#1000003253	10.25%	1/1/2022	NJ			28,508		-
Mortgage Loan ID#1000003262	6.25%	4/1/2022	VA			47,636		-
Mortgage Loan ID#1000003273	4.00%	1/1/2037	IL			7,481		-
Mortgage Loan ID#1000003278	7.21%	4/1/2032	NY			67,913		-
Mortgage Loan ID#1000003291	5.50%	11/1/2036	NY			56,869		-
Mortgage Loan ID#1000003304	10.50%	5/1/2022	CA			102,564		-
Mortgage Loan ID#1000003305	11.50%	4/1/2022	CA			79,314		-
Mortgage Loan ID#1000003308	11.63%	5/1/2032	FL			73,798		-
Mortgage Loan ID#1000003313	8.19%	2/1/2037	NJ			47,344		-
Mortgage Loan ID#1000003334	6.50%	3/1/2037	CA			88,322		-
Mortgage Loan ID#1000003351	2.00%	5/1/2037	NY			41,776		-
Mortgage Loan ID#1000003355	3.00%	2/1/2037	VA			131,588		-
Mortgage Loan ID#1000003357	3.00%	5/1/2037	CA			76,518		-
Mortgage Loan ID#1000003364	3.00%	8/1/2037	CA			105,953		-
Mortgage Loan ID#1000003367	2.00%	4/1/2037	NY			82,587		-
Mortgage Loan ID#1000003372	2.00%	3/1/2037	VA			74,770		-
Mortgage Loan ID#1000003381	11.13%	8/1/2022	NY			29,621		-
Mortgage Loan ID#1000003385	12.88%	10/1/2021	NY			44,885		-
Mortgage Loan ID#1000003388	11.00%	5/1/2022	NJ			71,597		-
Mortgage Loan ID#1000003391	2.00%	5/1/2037	NJ			52,193		-
Mortgage Loan ID#1000003395	10.50%	4/1/2022	NY			81,055		-
Mortgage Loan ID#1000003688	13.63%	2/1/2022	MI			18,734		-
Mortgage Loan ID#1000003693	9.63%	8/1/2036	GA			36,042		-
Mortgage Loan ID#1000003727	12.50%	2/1/2037	MA			29,062		-
Mortgage Loan ID#1000003741	12.38%	7/1/2036	GA			62,331		-
Mortgage Loan ID#1000003744	2.00%	7/1/2036	MA			42,622		-
Mortgage Loan ID#1000003753	12.50%	3/1/2022	MI			99,974		-
Mortgage Loan ID#1000003760	9.50%	2/1/2037	MA			42,788		-
Mortgage Loan ID#1000003780	11.38%	4/1/2037	GA			26,077		-
Mortgage Loan ID#1000003784	10.50%	4/1/2037	GA			181,824		-
Mortgage Loan ID#1000003792	13.00%	2/1/2037	MI			51,564		-
Mortgage Loan ID#1000003801	2.00%	4/1/2022	MD			32,712		-
Mortgage Loan ID#1000003805	9.75%	3/1/2037	GA			33,754		-
Mortgage Loan ID#1000003811	1.00%	10/1/2049	GA			61,810		-
Mortgage Loan ID#1000003816	12.00%	4/1/2037	GA			38,482		-
Mortgage Loan ID#1000003818	11.63%	3/1/2032	MD			75,629		-
Mortgage Loan ID#1000003981	1.00%	5/1/2039	NY			36,435		-
Mortgage Loan ID#5000003993	0.00%	6/1/2012	OH			500		-
Mortgage Loan ID#1000001308	8.38%	7/1/2037	NJ			160,615		-
Mortgage Loan ID#1000002511	2.00%	3/15/2032	NJ			297,970		-
Mortgage Loan ID#1000002556	6.38%	4/15/2032	NV			59,406		-
Mortgage Loan ID#1000002572	7.63%	8/15/2032	CA			77,625		-
Mortgage Loan ID#1000002618	1.00%	12/1/2051	NY			54,971		-
Mortgage Loan ID#1000002890	9.75%	3/15/2032	NY			24,250		-
Mortgage Loan ID#1000002921	8.13%	4/15/2032	IL			80,000		-
Mortgage Loan ID#1000002966	7.63%	3/15/2032	FL			36,270		-
Mortgage Loan ID#1000002984	5.63%	4/15/2032	AZ			61,619		-
Mortgage Loan ID#1000003085	8.13%	10/15/2031	OH			9,882		-
Mortgage Loan ID#1000003086	8.13%	10/15/2031	OH			9,874		-
Mortgage Loan ID#1000003268	7.38%	4/15/2032	FL			8,817		-
Mortgage Loan ID#1000003275	5.38%	3/15/2032	FL			44,818		-
Mortgage Loan ID#1000003327	2.00%	4/1/2037	MN			101,592		-
Mortgage Loan ID#1000003353	1.00%	8/1/2050	WA			85,689		-
Mortgage Loan ID#1000003426	6.38%	4/15/2032	IL			86,603		-
Mortgage Loan ID#1000003588	5.63%	3/15/2032	GA			116,000		-
						240,726,190		144,509,352
						Principal		Fair
Description			State			amount		value
Real estate acquired in settlement of loans
Property ID#1000043536**			MN		$	860,000	$	845,000
Property ID#1000027733**			IL			573,920		640,000
Property ID#1000027525			NJ			554,549		620,000
Property ID#1000001643**			FL			621,672		610,000
Property ID#1000027182**			NV			649,095		598,000
Property ID#1000026843			CA			536,000		560,000
Property ID#1002229087**			GA			545,063		475,000
Property ID#1000043755			MN			478,088		475,000
Property ID#1000001655**			NY			648,000		455,000
Property ID#1000016184			NJ			440,000		450,000
Property ID#1000028903**			CA			488,632		435,090
Property ID#1000029380**			NJ			400,000		420,219
Property ID#1000029171			FL			509,600		419,900
Property ID#1000035163**			OR			689,500		399,000
Property ID#1000016154**			FL			472,046		390,000
Property ID#1000015537**			FL			460,000		378,000
Property ID#1000043886**			NJ			344,509		366,741
Property ID#1000038427**			NY			263,561		355,000
Property ID#1000027887**			FL			381,340		354,000
Property ID#1000001636			FL			564,000		350,000
Property ID#1000029097**			NJ			364,148		335,000
Property ID#1000027641**			NJ			240,000		323,000
Property ID#1000003529			GA			362,451		320,000
Property ID#1000025801**			FL			284,651		295,000
Property ID#1000027288**			IL			391,812		278,500
Property ID#1000001621			NJ			385,884		275,000
Property ID#1000026017**			CA			319,900		270,000
Property ID#1000001614			NY			328,000		269,011
Property ID#1000027283**			NY			434,198		264,176
Property ID#1000001616			NJ			364,000		260,000
Property ID#1000035995**			WA			208,543		259,677
Property ID#1000001490			NY			285,000		259,000
Property ID#1000034959**			FL			414,474		252,500
Property ID#1000027008**			MD			274,502		250,000
Property ID#1000034994**			NJ			148,782		250,000
Property ID#1000043574**			NJ			330,421		250,000
Property ID#1000026254**			VA			409,382		249,000
Property ID#1000001995			NY			216,015		244,000
Property ID#1000043261**			NJ			288,028		240,000
Property ID#1000016110**			FL			286,771		235,215
Property ID#1000017183**			FL			291,247		235,000
Property ID#1000044101**			PA			181,868		230,235
Property ID#1000043429**			IL			260,332		230,000
Property ID#1000000381			NJ			255,000		226,641
Property ID#1000043996**			PA			240,000		223,481
Property ID#1000000538**			IL			299,999		218,156
Property ID#1000029131**			FL			217,567		215,000
Property ID#1000027736**			NJ			215,996		205,000
Property ID#1000026049**			FL			234,564		200,000
Property ID#1000016021**			NY			280,813		190,000
Property ID#1000001996			PA			191,225		190,000
Property ID#1000034828**			NJ			184,785		185,541
Property ID#1000026356**			MD			294,756		185,000
Property ID#1000028830			NJ			283,816		180,000
Property ID#1000026688**			MO			162,816		175,000
Property ID#1000000226**			AZ			163,669		165,000
Property ID#1000015617**			FL			187,903		165,000
Property ID#1000043128			NJ			102,661		164,413
Property ID#1000002039			NJ			262,475		161,242
Property ID#1000035002**			IL			178,595		160,000
Property ID#1000034988**			FL			185,627		158,750
Property ID#1000027991**			GA			166,641		156,000
Property ID#1000001853			FL			121,089		149,000
Property ID#1000043550**			NJ			193,444		145,500
Property ID#1000027400**			NY			229,668		145,000
Property ID#1000028202**			MD			186,144		145,000
Property ID#1000000903**			CA			135,000		145,000
Property ID#1000015132**			IL			267,660		142,700
Property ID#1000001830			NV			161,021		142,183
Property ID#1000015229**			IA			123,451		133,855
Property ID#1000027480**			FL			183,257		120,000
Property ID#1000017061**			IL			221,259		119,371
Property ID#1000028256**			IL			179,064		115,000
Property ID#1000029258**			PA			115,263		115,000
Property ID#1000029180**			OH			143,347		114,513
Property ID#1000026336**			PA			139,002		105,000
Property ID#1000025987**			WI			178,211		98,000
Property ID#1000016574**			IL			160,406		97,345
Property ID#1000043400**			OH			140,107		95,000
Property ID#1000016347**			OH			91,528		91,528
Property ID#1000000591			NJ			317,267		90,000
Property ID#1000043950**			OR			183,348		90,000
Property ID#1000036109**			NY			80,087		86,000
Property ID#1000043137**			FL			101,296		85,000
Property ID#1000044223**			OK			82,868		81,000
Property ID#1000017410**			MI			137,845		80,000
Property ID#1000034972**			NJ			230,368		78,500
Property ID#1000035080**			NJ			155,369		76,751
Property ID#1000038414**			FL			110,871		75,000
Property ID#1000002239			FL			141,470		73,000
Property ID#1000028902**			PA			98,962		70,000
Property ID#1000027365**			GA			132,719		65,000
Property ID#1000026136**			GA			91,383		63,631
Property ID#1000043920**			NC			92,276		55,000
Property ID#1000038532**			IL			111,378		53,618
Property ID#1000043736**			NJ			114,827		35,000
Property ID#1000044116**			NJ			152,610		35,000
Property ID#1000025919**			OH			47,400		33,797
Property ID#1000001993			IL			100,888		26,422
Property ID#1000000764			FL			69,868		19,900
Property ID#1000029006**			NJ			95,825		18,500
Property ID#1000016929**			ME			114,583		18,000
Property ID#1000001669			IL			199,616		17,174
						27,590,937		22,739,776
TOTAL INVESTMENTS IN NONAFFILIATES (Cost $140,829,915)						268,317,127		167,249,128
INVESTMENTS IN AFFILIATES - 13%*
Name of Issuer						Shares		Fair value
Short-Term Investment
BlackRock Liquidity Funds: TempFund Institutional Shares ^					$	15,943,912	$	15,943,912
TOTAL INVESTMENTS IN AFFILIATES (Cost $15,943,912)						15,943,912		15,943,912
TOTAL INVESTMENTS (Cost $156,773,827)							$	183,193,040
LIABILITIES - 60%*		Note	Maturity
Description		interest rate	date			Principal amount		Fair value
Asset-backed financing
PNMAC 2015-NPL1 A-1-144A ^		4.00%	3/25/2055		$	74,765,763	$	74,672,306
TOTAL LIABILITIES (Proceeds $74,658,100)						74,765,763		74,672,306
Other assets in excess of other liabilities - 13%*								16,903,562
TOTAL PARTNERS' CAPITAL - 100%*							$	125,424,296
*     Percentages are stated as a percent of partners' capital
**   Pledged as collateral for asset-backed financing (See Note 5)
^      Investment represents securities issued by related parties
All investments are in the United States of America.

Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable for semi-annual reports.

Item 8. Portfolio Managers of Closed-End Management Investment Companies.

Not applicable for semi-annual reports.

Item 9. Purchases of Equity Securities by Closed‑End Management Investment Company and Affiliated Purchasers.

Not applicable.

Item 10. Submission of Matters to a Vote of Security Holders.

The registrant's nominating committee charter does not contain any changes to procedures by which shareholders may recommend nominees to the registrant's board of directors.

Item 11. Controls and Procedures.

(a) The Registrant's Chief Executive Officer and Chief Financial Officer have reviewed the Registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the "Act")) as of a date within 90 days of the filing of this report, as required by Rule 30a-3(b) under the Act and Rules 13a-15(b) or 15d‑15(b) under the Securities Exchange Act of 1934.  Based on their review, such officers have concluded that the disclosure controls and procedures are effective in ensuring that information required to be disclosed in this report is appropriately recorded, processed, summarized and reported and made known to them by others within the Registrant and by the Registrant's service provider.

(b) There were no changes in the Registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant's internal control over financial reporting.

Item 12. Exhibits.

(a) (1) Any code of ethics or amendment thereto, that is the subject of the disclosure required by Item 2, to the extent that the registrant intends to satisfy Item 2 requirements through filing an exhibit. Not applicable during this period.

(2) A separate certification for each principal executive and principal financial officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.  Filed herewith.

(3) Any written solicitation to purchase securities under Rule 23c‑1 under the Act sent or given during the period covered by the report by or on behalf of the registrant to 10 or more persons.  Not applicable during this period.

(b) Certifications pursuant to Section 906 of the Sarbanes‑Oxley Act of 2002.  Furnished herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant)  PNMAC Mortgage Opportunity Fund, LP                  

By (Signature and Title)          /s/ David A. Spector                          

David A. Spector, CEO

Date       October 27, 2017                                                               

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title)          /s/ David A. Spector                           

David A. Spector, CEO

Date       October 27, 2017                                                                 

By (Signature and Title)          /s/ Andrew S. Chang                          

Andrew S. Chang, CFO

Date       October 27, 2017                                                                

.