EXHIBIT 99.1
THE MORTGAGE POOL
The statistical information presented herein describes the Mortgage
Loans based on the characteristics of the Statistic Calculation Mortgage Loans
as of close of business on January 31, 2006. Unless otherwise set forth herein,
approximate percentages set forth with respect to the Statistic Calculation
Mortgage Loans are measured by the respective aggregate Principal Balances (as
defined herein) of the Statistic Calculation Mortgage Loans as of the Cut-Off
Date (as defined herein). With respect to any date of determination, the "Pool
Balance" will be equal to the aggregate of the Principal Balances of all
Mortgage Loans as of such date. The "Principal Balance" of a Mortgage Loan
(other than a Liquidated Mortgage Loan) on any day is equal to its Cut-Off Date
Principal Balance, minus all collections credited against the Cut-Off Date
Principal Balance of such Mortgage Loan. The "Cut-Off Date Principal Balance" of
a Mortgage Loan is the outstanding principal balance as of the related Cut-Off
Date. The "Cut-Off Date" with respect to the Statistic Calculation Mortgage
Loans is the close of business on January 31, 2006. The Principal Balance of a
Liquidated Mortgage Loan after the Due Period in which such Mortgage Loan
becomes a Liquidated Mortgage Loan will be zero.
The statistic calculation mortgage pool (the "Statistic Calculation
Mortgage Pool") consists of 2,343 Mortgage Loans, and the related mortgaged
properties (the "Mortgaged Properties") are located in 36 states as set forth
herein. As of the Cut-Off Date, the Statistic Calculation Mortgage Loans had an
aggregate Cut-Off Date Principal Balance of $169,992,683. Approximately 11.93%
and 88.07% of the Statistic Calculation Mortgage Pool consists of fixed-rate and
adjustable-rate Mortgage Loans, respectively, with remaining terms to maturity
of not more than 360 months. As of the Cut-Off Date, the maximum Principal
Balance of any of the Statistic Calculation Mortgage Loans was $700,000, the
minimum Principal Balance thereof was $9,579, and the Principal Balance of such
Statistic Calculation Mortgage Loans averaged $72,553. As of the Cut-Off Date,
the loan rates payable on the Statistic Calculation Mortgage Loans (the "Loan
Rates") ranged from 5.100% to 12.950% per annum, and the weighted average Loan
Rate for the Statistic Calculation Mortgage Loans was 7.950% per annum. As of
the Cut-Off Date, the original term to stated maturity of the Statistic
Calculation Mortgage Loans ranged from 60 months to 360 months, the remaining
term to stated maturity ranged from 46 months to 360 months, the weighted
average original term to stated maturity was approximately 337 months, the
weighted average remaining term to stated maturity was approximately 334 months,
and the CLTV (as defined herein) ranged from 5.79% to 90% with a weighted
average CLTV of 69.58%, and the FICO Scores ranged from 458 to 817 with a
weighted average FICO Score of 611. The Statistic Calculation Mortgage Loans had
stated maturities ranging from August 26, 2009 to February 23, 2036. All of the
Statistic Calculation Mortgage Loans required monthly payments of principal that
will fully amortize such Mortgage Loans by their respective maturity dates. The
Statistic Calculation Mortgage Loans are secured by either first or second
mortgages or deeds of trust on Mortgaged Properties. The Statistic Calculation
Mortgage Pool consists of 73.21% of loans secured by first liens on the related
Mortgaged Properties and 26.79% of loans secured by second liens on the related
Mortgaged Properties. No Statistic Calculation Mortgage Loan was 30 or more days
delinquent as of the Cut-Off Date. The Mortgaged Properties securing the
Statistic Calculation Mortgage Loans consist primarily of residential properties
that are one- to four-family properties. Based upon representations of the
mortgagors at the time of origination, 96.00% of the related Mortgaged
Properties were owner occupied. None of the Statistic Calculation Mortgage Loans
was originated by Ocean Bank to facilitate the sale of property acquired by
Ocean Bank in connection with prior foreclosures.
ADJUSTABLE-RATE MORTGAGE LOANS
All of the adjustable-rate Mortgage Loans are "hybrid mortgage loans"
that generally have Loan Rates that first adjust after an initial fixed rate
period of two or three years following origination depending on the terms of the
particular mortgage note and then adjust semi-annually thereafter. The
adjustable-rate Mortgage Loans provide for semi-annual adjustment of the related
Loan Rate based on the Six-Month LIBOR, as described at "--The Index" below. In
the case of the adjustable-rate Mortgage Loans, there will be corresponding
adjustments to the monthly payment amount, in each case on each adjustment date
applicable thereto (each such date, an "Adjustment Date"); provided that the
first such adjustment (i) in the case of approximately 97.79% of the
adjustable-rate Statistic Calculation Mortgage Loans, approximately two years
following origination, and (ii) in the case of approximately 2.21% of the
adjustable-rate Statistic Calculation Mortgage Loans, approximately three years
following origination. On each Adjustment Date for an adjustable-rate Mortgage
Loan, the Loan Rate will be adjusted to equal the sum, rounded generally to the
nearest multiple of 1/8%, of the index and a fixed percentage amount (the
"Margin"), provided that the Loan Rate on each such adjustable-rate Mortgage
Loan will not increase or decrease by more than 1.000% (the "Subsequent Periodic
Rate Cap") on any related Adjustment Date and will not exceed a specified
maximum Loan Rate over the life of such Mortgage Loan (the "Maximum Rate") or be
less than a specified minimum Loan Rate over the life of such Mortgage Loan (the
"Minimum Rate"). The Loan Rate generally will not increase or decrease on the
first Adjustment Date by more than a fixed percentage specified in the related
Mortgage Note (the "Initial Periodic Rate Cap"); the Initial Periodic Rate Caps
are 2.000% for 83.01% of the adjustable-rate Statistic Calculation Mortgage
Loans and 3.000% for 16.99% of the adjustable-rate Statistic Calculation
Mortgage Loans. Effective with the first monthly payment due on each
adjustable-rate Mortgage Loan after each related Adjustment Date, the monthly
payment amount will be adjusted to an amount that will amortize fully the
outstanding Principal Balance of the related Mortgage Loan over its remaining
term, and pay interest at the Loan Rate as so adjusted. Due to the application
of the Initial Periodic Rate Caps, Subsequent Periodic Rate Caps and Maximum
Rates, the Loan Rate on each such adjustable-rate Mortgage Loan, as adjusted on
any related Adjustment Date, may be less than the sum of the index and the
related Margin, rounded as described above. The Margins of the adjustable-rate
Statistic Calculation Mortgage Loans ranged from 3.900% to 11.050% with a
weighted average Margin of 6.736%. The Maximum Rate of the adjustable-rate
Statistic Calculation Mortgage Loans ranged from 11.150% to 19.660% with a
weighted average Maximum Rate of 14.326%. The Minimum Rate of the
adjustable-rate Statistic Calculation Mortgage Loans ranged from 5.150% to
12.300% with a weighted average Minimum Rate of 7.990%. See "--The Index" below.
The adjustable-rate Mortgage Loans generally do not permit the mortgagor to
convert the adjustable Loan Rate to a fixed Loan Rate.
The Index
The index applicable to the determination of the Loan Rates for all of
the adjustable-rate Mortgage Loans will be the average of the interbank offered
rates for six month United States dollar deposits in the London market,
calculated as provided in the related Mortgage Note (the "Six-Month LIBOR") and
as most recently available as of the first Business Day of the month immediately
preceding the month of the related Adjustment Date.
MORTGAGE LOAN CHARACTERISTICS
Unless otherwise set forth herein, set forth below is approximate
statistical information with respect to the Statistic Calculation Mortgage Loans
measured by the respective aggregate Principal Balances thereof as of the
Cut-Off Date. The sum of the columns below may not equal the total indicated due
to rounding.
CUT-OFF DATE PRINCIPAL BALANCES
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
CUT-OFF DATE PRINCIPAL BALANCES ($) MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
9,579 - 50,000........................ 1,249 $ 37,502,962.61 22.06%
50,001 - 100,000........................ 620 42,778,724.05 25.17
100,001 - 150,000........................ 219 26,926,525.99 15.84
150,001 - 200,000........................ 110 19,191,649.45 11.29
200,001 - 250,000........................ 55 12,282,097.83 7.23
250,001 - 300,000........................ 40 10,932,572.07 6.43
300,001 - 350,000........................ 20 6,423,622.13 3.78
350,001 - 400,000........................ 11 4,149,993.81 2.44
400,001 - 450,000........................ 4 1,645,857.43 0.97
450,001 - 500,000........................ 7 3,320,301.04 1.95
500,001 - 550,000........................ 3 1,575,162.33 0.93
600,001 - 650,000........................ 3 1,863,660.79 1.10
650,001 - 700,000........................ 2 1,399,553.63 0.82
------ ----------------- -------
TOTAL.......................... 2,343 $ 169,992,683.16 100.00%
====== ================= =======
GEOGRAPHIC DISTRIBUTION
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
STATE MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
Arizona.................................. 22 $ 2,094,031.75 1.23%
California............................... 33 3,231,365.19 1.90
Colorado................................. 5 643,711.68 0.38
Connecticut.............................. 56 3,671,533.76 2.16
Delaware................................. 21 1,432,860.03 0.84
Florida.................................. 186 12,014,451.24 7.07
Georgia.................................. 73 4,468,037.54 2.63
Illinois................................. 99 4,355,879.50 2.56
Indiana.................................. 33 1,399,343.00 0.82
Kansas................................... 3 136,250.00 0.08
Kentucky................................. 19 1,079,727.44 0.64
Louisiana................................ 14 690,671.50 0.41
Maine.................................... 46 3,380,885.28 1.99
Maryland................................. 101 8,740,165.69 5.14
Massachusetts............................ 94 7,545,236.12 4.44
Michigan................................. 76 4,502,491.36 2.65
Minnesota................................ 17 693,277.29 0.41
Missouri................................. 8 327,210.87 0.19
Nevada................................... 27 2,057,807.16 1.21
New Hampshire............................ 19 784,594.65 0.46
New Jersey............................... 332 27,086,326.61 15.93
New Mexico............................... 1 44,590.00 0.03
New York................................. 243 24,776,667.82 14.58
North Carolina........................... 68 4,359,713.13 2.56
Ohio..................................... 77 3,429,069.29 2.02
Oklahoma................................. 11 435,238.87 0.26
Oregon................................... 5 537,408.43 0.32
Pennsylvania............................. 267 13,118,484.34 7.72
Rhode Island............................. 150 17,361,929.86 10.21
South Carolina........................... 10 426,653.66 0.25
Tennessee................................ 36 1,792,725.92 1.05
Texas.................................... 35 1,468,833.38 0.86
Utah..................................... 4 321,046.47 0.19
Virginia................................. 110 8,761,636.91 5.15
Washington............................... 10 605,590.10 0.36
Wisconsin................................ 32 2,217,237.32 1.30
------ ----------------- -------
TOTAL.......................... 2,343 $ 169,992,683.16 100.00%
====== ================= =======
COMBINED LOAN-TO-VALUE RATIOS
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
COMBINED LOAN-TO-VALUE RATIO (%) MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
5.79 - 10.00....................... 8 $ 205,406.00 0.12%
10.01 - 20.00....................... 44 1,565,674.17 0.92
20.01 - 30.00....................... 70 2,884,752.93 1.70
30.01 - 40.00....................... 119 6,408,747.69 3.77
40.01 - 50.00....................... 206 12,631,058.82 7.43
50.01 - 60.00....................... 253 16,947,037.51 9.97
60.01 - 70.00....................... 421 28,437,114.39 16.73
70.01 - 80.00....................... 717 55,235,726.75 32.49
80.01 - 90.00....................... 505 45,677,164.90 26.87
------ ----------------- -------
TOTAL.......................... 2,343 $ 169,992,683.16 100.00%
====== ================= =======
With respect to each Statistic Calculation Mortgage Loan the original
Combined Loan-to-Value Ratios ("CLTV") shown above are equal to (i) the sum of
(a) the original Principal Balance of such Mortgage Loan at the date of
origination plus (b) the remaining balance of the first lien, if any, at the
date of origination of such Mortgage Loan divided by (ii) the lesser of (a) the
value of the related Mortgaged Property, based upon the appraisal made at the
time of origination of such Mortgage Loan, or (b) the purchase price of such
Mortgaged Property if the mortgage loan proceeds from such Mortgage Loan are
used to purchase such Mortgaged Property. No assurance can be given that the
values of such Mortgaged Properties have remained or will remain at their levels
as of the dates of origination of the related Mortgage Loans. If the residential
real estate market should experience an overall decline in property values such
that the outstanding balances of such Mortgage Loans together with the
outstanding balances of the related first liens become equal to or greater than
the value of the related Mortgaged Properties, the actual losses could be higher
than those now generally experienced in the mortgage lending industry.
LIEN POSITION
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
LIEN POSITION MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
First Lien............................... 1,305 $ 124,454,029.70 73.21%
Second Lien.............................. 1,038 45,538,653.46 26.79
------ ----------------- -------
TOTAL.......................... 2,343 $ 169,992,683.16 100.00%
====== ================= =======
LOAN RATES
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
LOAN RATES (%) MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
5.100 - 5.500....................... 12 $ 1,530,655.68 0.90%
5.501 - 6.000....................... 31 5,379,398.16 3.16
6.001 - 6.500....................... 63 9,060,375.48 5.33
6.501 - 7.000....................... 244 27,221,092.12 16.01
7.001 - 7.500....................... 356 28,647,131.95 16.85
7.501 - 8.000....................... 422 32,413,660.00 19.07
8.001 - 8.500....................... 364 22,589,759.67 13.29
8.501 - 9.000....................... 264 16,273,274.34 9.57
9.001 - 9.500....................... 223 10,145,548.55 5.97
9.501 - 10.000....................... 157 8,404,407.62 4.94
10.001 - 10.500....................... 106 4,774,258.91 2.81
10.501 - 11.000....................... 62 2,326,584.35 1.37
11.001 - 11.500....................... 22 761,197.87 0.45
11.501 - 12.000....................... 12 335,168.43 0.20
12.001 - 12.500....................... 2 88,241.18 0.05
12.501 - 12.950....................... 3 41,928.85 0.02
------ ----------------- -------
TOTAL.......................... 2,343 $ 169,992,683.16 100.00%
====== ================= =======
REMAINING MONTHS TO STATED MATURITY
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
REMAINING MONTHS TO STATED MATURITY (MONTHS) MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
46 - 48............................... 1 $ 31,832.83 0.02%
49 - 72............................... 17 427,872.26 0.25
73 - 96............................... 3 119,867.11 0.07
97 - 120............................... 92 2,754,885.80 1.62
145 - 168............................... 21 844,945.41 0.50
169 - 192............................... 217 7,646,232.08 4.50
217 - 240............................... 331 12,902,842.56 7.59
265 - 288............................... 3 178,213.64 0.10
289 - 312............................... 7 476,511.81 0.28
337 - 360............................... 1,651 144,609,479.66 85.07
------ ----------------- -------
TOTAL.......................... 2,343 $ 169,992,683.16 100.00%
====== ================= =======
MONTHS SINCE ORIGINATION
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
MONTHS SINCE ORIGINATION (MONTHS) MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
0 .................................. 949 $ 73,867,427.77 43.45%
1 - 23 .................................. 1,394 96,125,255.39 56.55
------ ----------------- -------
TOTAL.......................... 2,343 $ 169,992,683.16 100.00%
====== ================= =======
PROPERTY TYPE
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
PROPERTY TYPE MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
Single Family Detached................... 1,770 $ 125,990,200.40 74.12%
2-4 Units................................ 157 16,332,531.32 9.61
Single Family Attached................... 185 9,725,934.54 5.72
PUD Detached............................. 104 9,208,708.26 5.42
Condominium.............................. 84 5,654,809.96 3.33
PUD Attached............................. 41 3,050,563.23 1.79
Townhouse................................ 2 29,935.45 0.02
------ ----------------- -------
TOTAL.......................... 2,343 $ 169,992,683.16 100.00%
====== ================= =======
OCCUPANCY TYPE(1)
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
OCCUPANCY TYPE MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
Owner Occupied........................... 2,258 $ 163,199,839.92 96.00%
Non-owner Occupied....................... 85 6,792,843.24 4.00
------ ----------------- -------
TOTAL.......................... 2,343 $ 169,992,683.16 100.00%
====== ================= =======
(1) Based upon representations made by the Mortgagors at the time of
origination of such Mortgage Loans.
PURPOSE
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
PURPOSE MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
Cash Out Refinance ...................... 2,332 $168,519,225.31 99.13%
Purchase ................................ 11 1,473,457.85 0.87
----- --------------- ------
TOTAL ......................... 2,343 $169,992,683.16 100.00%
===== =============== ======
PRODUCT TYPE
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
PRODUCT TYPE MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
2/28 6 Month LIBOR ...................... 2,088 $146,413,562.35 86.13%
Fixed Rate .............................. 212 20,274,343.02 11.93
3/27 6 Month LIBOR ...................... 43 3,304,777.79 1.94
----- --------------- ------
TOTAL ......................... 2,343 $169,992,683.16 100.00%
===== =============== ======
ORIGINAL TERMS TO STATED MATURITY
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
ORIGINAL TERM (MONTHS) MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
60 - 60 ............................... 18 $ 459,705.09 0.27%
61 - 120 ............................... 95 2,874,752.91 1.69
121 - 180 ............................... 238 8,491,177.49 5.00
181 - 240 ............................... 331 12,902,842.56 7.59
241 - 300 ............................... 10 654,725.45 0.39
301 - 360 ............................... 1,651 144,609,479.66 85.07
----- --------------- ------
TOTAL ......................... 2,343 $169,992,683.16 100.00%
===== =============== ======
FICO SCORE(1)
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
FICO SCORE(1) MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
Not Available ........................... 24 $ 1,532,082.27 0.90%
441 - 460 ............................... 1 28,933.21 0.02
461 - 480 ............................... 4 584,296.59 0.34
481 - 500 ............................... 11 796,949.19 0.47
501 - 520 ............................... 29 1,925,154.11 1.13
521 - 540 ............................... 89 7,227,699.72 4.25
541 - 560 ............................... 265 17,507,333.36 10.30
561 - 580 ............................... 374 23,578,452.87 13.87
581 - 600 ............................... 367 24,924,668.33 14.66
601 - 620 ............................... 367 26,403,377.54 15.53
621 - 640 ............................... 292 22,676,183.66 13.34
641 - 660 ............................... 211 16,611,868.65 9.77
661 - 680 ............................... 139 10,959,860.93 6.45
681 - 700 ............................... 70 4,907,104.12 2.89
701 - 720 ............................... 29 3,019,064.34 1.78
721 - 740 ............................... 36 3,946,393.19 2.32
741 - 760 ............................... 16 1,354,315.81 0.80
761 - 780 ............................... 8 973,775.54 0.57
781 - 800 ............................... 7 459,458.88 0.27
801 - 817 ............................... 4 575,710.85 0.34
----- --------------- ------
TOTAL ......................... 2,343 $169,992,683.16 100.00%
===== =============== ======
(1) Relates to the Original FICO Score, or Updated Fico Score (if
available). FICO Scores are current for all Mortgage Loans with
seasoning greater than 6 months.
PREPAYMENT PENALTY TERM
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
PREPAY PENALTY TERM (YEARS) MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
0 ....................................... 422 $ 40,231,903.09 23.67%
36 ...................................... 1,921 129,760,780.07 76.33
----- --------------- ------
TOTAL ......................... 2,343 $169,992,683.16 100.00%
===== =============== ======
DOCUMENTATION TYPE
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
DOCUMENTATION TYPE MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
Full Documentation ...................... 2,343 $169,992,683.16 100.00%
----- --------------- ------
TOTAL ......................... 2,343 $169,992,683.16 100.00%
===== =============== ======
MARGIN (ADJUSTABLE-RATE MORTGAGE LOANS)
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
MARGIN (%) MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
3.900 - 4.000 ......................... 3 $ 209,709.81 0.14%
4.001 - 4.500 ......................... 12 1,759,187.68 1.17
4.501 - 5.000 ......................... 32 4,948,618.70 3.31
5.001 - 5.500 ......................... 106 13,033,946.65 8.71
5.501 - 6.000 ......................... 283 24,893,581.91 16.63
6.001 - 6.500 ......................... 412 29,719,931.40 19.85
6.501 - 7.000 ......................... 413 29,157,965.18 19.48
7.001 - 7.500 ......................... 262 16,316,324.95 10.90
7.501 - 8.000 ......................... 189 9,872,670.94 6.59
8.001 - 8.500 ......................... 174 9,315,611.94 6.22
8.501 - 9.000 ......................... 99 4,927,265.68 3.29
9.001 - 9.500 ......................... 103 3,994,299.61 2.67
9.501 - 10.000 ......................... 34 1,225,010.32 0.82
10.001 - 10.500 ......................... 8 307,215.37 0.21
11.001 - 11.050 ......................... 1 37,000.00 0.02
----- --------------- ------
TOTAL ......................... 2,131 $149,718,340.14 100.00%
===== =============== ======
MAXIMUM RATE (ADJUSTABLE-RATE MORTGAGE LOANS)
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
MAXIMUM RATE (%) MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
11.150 - 11.500 ......................... 7 $ 806,134.72 0.54%
11.501 - 12.000 ......................... 23 3,860,254.68 2.58
12.001 - 12.500 ......................... 54 6,794,441.54 4.54
12.501 - 13.000 ......................... 205 20,477,497.16 13.68
13.001 - 13.500 ......................... 337 25,819,665.21 17.25
13.501 - 14.000 ......................... 352 26,028,296.81 17.38
14.001 - 14.500 ......................... 294 18,938,717.99 12.65
14.501 - 15.000 ......................... 160 10,678,333.75 7.13
15.001 - 15.500 ......................... 105 6,242,668.31 4.17
15.501 - 16.000 ......................... 97 7,897,539.91 5.27
16.001 - 16.500 ......................... 89 5,480,106.08 3.66
16.501 - 17.000 ......................... 94 4,635,648.75 3.10
17.001 - 17.500 ......................... 123 5,021,367.49 3.35
17.501 - 18.000 ......................... 76 3,106,999.26 2.08
18.001 - 18.500 ......................... 59 1,931,901.05 1.29
18.501 - 19.000 ......................... 45 1,575,723.52 1.05
19.001 - 19.500 ......................... 10 388,043.91 0.26
19.501 - 19.660 ......................... 1 35,000.00 0.02
----- --------------- ------
TOTAL ....................... 2,131 $149,718,340.14 100.00%
===== =============== ======
MINIMUM RATE (ADJUSTABLE-RATE MORTGAGE LOANS)
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
MINIMUM RATE (%) MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
5.150 - 5.500 ......................... 7 $ 806,134.72 0.54%
5.501 - 6.000 ......................... 23 3,860,254.68 2.58
6.001 - 6.500 ......................... 54 7,232,516.60 4.83
6.501 - 7.000 ......................... 209 20,806,093.56 13.90
7.001 - 7.500 ......................... 349 27,251,821.85 18.20
7.501 - 8.000 ......................... 396 29,932,168.06 19.99
8.001 - 8.500 ......................... 346 21,623,891.19 14.44
8.501 - 9.000 ......................... 236 14,422,008.42 9.63
9.001 - 9.500 ......................... 210 9,569,431.94 6.39
9.501 - 10.000 ......................... 132 7,383,634.57 4.93
10.001 - 10.500 ......................... 92 4,030,409.97 2.69
10.501 - 11.000 ......................... 59 2,149,162.03 1.44
11.001 - 11.500 ......................... 16 578,812.55 0.39
11.501 - 12.000 ......................... 1 35,000.00 0.02
12.001 - 12.300 ......................... 1 37,000.00 0.02
----- --------------- ------
TOTAL ......................... 2,131 $149,718,340.14 100.00%
===== =============== ======
INITIAL PERIODIC RATE CAP (ADJUSTABLE-RATE MORTGAGE LOANS)
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
INITIAL PERIODIC RATE CAP (%) MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
2.000 ................................... 1,628 $124,281,208.38 83.01%
3.000 ................................... 503 25,437,131.76 16.99
----- --------------- ------
TOTAL ......................... 2,131 $149,718,340.14 100.00%
===== =============== ======
SUBSEQUENT PERIODIC RATE CAP (ADJUSTABLE-RATE MORTGAGE LOANS)
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
SUBSEQUENT PERIODIC RATE CAP (%) MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
0.000 ................................... 1 $ 37,400.00 0.02%
1.000 ................................... 2,130 149,680,940.14 99.98
----- --------------- ------
TOTAL ......................... 2,131 $149,718,340.14 100.00%
===== =============== ======
FIRST RATE ADJUSTMENT DATE (ADJUSTABLE-RATE MORTGAGE LOANS)
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
FIRST RATE ADJUSTMENT DATE MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
November 2005 ........................... 1 $ 189,241.33 0.13%
December 2005 ........................... 6 419,445.28 0.28
January 2006 ............................ 4 151,781.38 0.10
February 2006 ........................... 9 696,174.01 0.46
March 2006 .............................. 13 988,976.29 0.66
April 2006 .............................. 8 731,978.67 0.49
May 2006 ................................ 9 621,405.82 0.42
June 2006 ............................... 10 441,998.14 0.30
July 2006 ............................... 6 341,250.56 0.23
August 2006 ............................. 7 200,405.52 0.13
September 2006 .......................... 3 85,559.04 0.06
October 2006 ............................ 1 22,640.20 0.02
November 2006 ........................... 4 181,817.98 0.12
December 2006 ........................... 11 642,307.73 0.43
January 2007 ............................ 21 1,063,607.27 0.71
February 2007 ........................... 42 3,755,977.15 2.51
March 2007 .............................. 112 7,127,137.60 4.76
April 2007 .............................. 125 7,589,298.42 5.07
May 2007 ................................ 148 8,309,838.92 5.55
June 2007 ............................... 169 13,791,137.00 9.21
July 2007 ............................... 135 8,793,540.89 5.87
August 2007 ............................. 196 12,454,521.87 8.32
September 2007 .......................... 218 16,226,364.34 10.84
October 2007 ............................ 206 14,102,451.60 9.42
November 2007 ........................... 214 16,702,897.53 11.16
December 2007 ........................... 223 16,364,001.87 10.93
January 2008 ............................ 150 11,137,154.78 7.44
February 2008 ........................... 45 3,708,223.94 2.48
March 2008 .............................. 2 71,677.69 0.05
April 2008 .............................. 1 12,747.98 0.01
May 2008 ................................ 6 590,927.37 0.39
June 2008 ............................... 5 135,705.50 0.09
July 2008 ............................... 7 881,144.82 0.59
August 2008 ............................. 4 516,847.03 0.35
September 2008 .......................... 2 80,949.06 0.05
November 2008 ........................... 2 189,000.00 0.13
December 2008 ........................... 4 315,705.56 0.21
January 2009 ............................ 1 42,500.00 0.03
February 2009 ........................... 1 40,000.00 0.03
----- --------------- ------
TOTAL ......................... 2,131 $149,718,340.14 100.00%
===== =============== ======
NEXT RATE ADJUSTMENT DATE (ADJUSTABLE-RATE MORTGAGE LOANS)
NUMBER
OF STATISTIC CUT-OFF DATE % OF CUT-OFF DATE
CALCULATION AGGREGATE AGGREGATE PRINCIPAL
NEXT RATE ADJUSTMENT DATE MORTGAGE LOANS PRINCIPAL BALANCE BALANCE
- ------------------------------------------ -------------- ----------------- -------------------
November 2005 ........................... 1 $ 189,241.33 0.13%
December 2005 ........................... 6 419,445.28 0.28
January 2006 ............................ 4 151,781.38 0.10
February 2006 ........................... 9 696,174.01 0.46
March 2006 .............................. 13 988,976.29 0.66
April 2006 .............................. 8 731,978.67 0.49
May 2006 ................................ 9 621,405.82 0.42
June 2006 ............................... 10 441,998.14 0.30
July 2006 ............................... 6 341,250.56 0.23
August 2006 ............................. 7 200,405.52 0.13
September 2006 .......................... 3 85,559.04 0.06
October 2006 ............................ 1 22,640.20 0.02
November 2006 ........................... 4 181,817.98 0.12
December 2006 ........................... 11 642,307.73 0.43
January 2007 ............................ 21 1,063,607.27 0.71
February 2007 ........................... 42 3,755,977.15 2.51
March 2007 .............................. 112 7,127,137.60 4.76
April 2007 .............................. 125 7,589,298.42 5.07
May 2007 ................................ 148 8,309,838.92 5.55
June 2007 ............................... 169 13,791,137.00 9.21
July 2007 ............................... 135 8,793,540.89 5.87
August 2007 ............................. 196 12,454,521.87 8.32
September 2007 .......................... 218 16,226,364.34 10.84
October 2007 ............................ 206 14,102,451.60 9.42
November 2007 ........................... 214 16,702,897.53 11.16
December 2007 ........................... 223 16,364,001.87 10.93
January 2008 ............................ 150 11,137,154.78 7.44
February 2008 ........................... 45 3,708,223.94 2.48
March 2008 .............................. 2 71,677.69 0.05
April 2008 .............................. 1 12,747.98 0.01
May 2008 ................................ 6 590,927.37 0.39
June 2008 ............................... 5 135,705.50 0.09
July 2008 ............................... 7 881,144.82 0.59
August 2008 ............................. 4 516,847.03 0.35
September 2008 .......................... 2 80,949.06 0.05
November 2008 ........................... 2 189,000.00 0.13
December 2008 ........................... 4 315,705.56 0.21
January 2009 ............................ 1 42,500.00 0.03
February 2009 ........................... 1 40,000.00 0.03
----- --------------- ------
TOTAL ......................... 2,131 $149,718,340.14 100.00%
===== =============== ======